Broadening Your Perspective

In: Business and Management

Submitted By mrzeno
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Broadening your Perspectives
Xxxxx xxxxxx
ACC 561
June 18, 2015.
Dr. xxxxxx xxxxxx

Broadening your Perspectives
The estimated break-even point in annual unit sales of the new product if Martinez Company uses Capital Intensive Method and Labor Intensive Method is described in the following table below.

The Martinez Company should use the Capital-intensive manufacturing method if the goal is to produce more product. Therefore, this method is associated with production in high levels and this method adapts to change better than the labor intensive method. Capital intensive production requires more machinery, equipment and sophisticated technological production systems in the production process. Capital intensive production requires a higher level of investment and larger amount of funds and financial resources. A capital intensive production process is mostly automated and able to generate a large output of goods and services. Since capital intensive production relies largely on machinery and equipment, such industries require long term investment, with a high cost involved in maintaining and depreciating equipment. In such a capital intensive production process, it could be very costly to increase output levels as this would require higher investment in such machinery and equipment.
If the goal is to reduce cost of production, the Labor Intensive Manufacturing Method should be used. This method also will help the Company if they are attempting to reduce the unemployment levels within the community where it is located. Labor intensive is where most of the production is carried by workers or employees. It means that the levels of output would be at a much smaller scale than a labor intensive industry. The costs involved in a labor intensive production unit would be the costs of training and educating employees. However in comparison to capital intensive, in…...

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