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Develop a company and determine what it will produce and sell. The requirement for this company is that it be a high-end, special-order type of manufactured product. Complete the following in a Word document of 1,000 words:
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The paper was about an USA based entity, Thornton Inc. which manufactures and sells customized machinery. These are manufactured on contractual basis. Contracts would range from short term one time contract of 3 to 4 months to recurring contracts. This paper talks about estimated selling price for a contract, its minimum selling price, normal selling price. Also it discusses about estimated output. This concludes with touch of decision making where in we discuss of project viability based on tools such as net present value and pay back period. Another important tool which is used when there is a conflict between net present value and pay back period i.e. Profitability index. The paper has been prepared in word format.
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