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Question Answered step-by-step Directions:Research Question: How effective is acupuncture in improving mobility in elderly male stroke patients in comparison to standard stroke therapy? (Please Answer)Please design a strategy for a review of the literature.Describe the type of articles you want to locate to examine what is known and not known about this research topic.Search for the types of articles you identified relevant to the research question you chose. Health Science Science Nursing NUR 3643 Share QuestionEmailCopy link Comments (0)

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Description Please review the materials below for Case #2 - ITW Inc. and prepare a written 3-4 paragraph summary. 2 attachmentsSlide 1 of 2attachment_1attachment_1attachment_2attachment_2.slider-slide > img { width: 100%; display: block; } .slider-slide > img:focus { margin: auto; } Unformatted Attachment Preview ITW INC. – CAPITAL PROJECT ANALYSIS FIN 3504 CASE ASSIGNMENT – FALL 2020 Company Background ITW Inc. (the “Company”) is a global packaging and material handling equipment company with manufacturing, sales and service facilities throughout North America, Europe, and Asia. It is developing a new packaging machine (“ITW1000”) that will replace industry legacy packaging machinery and targets companies in the food and beverage sector. The ITW1000 will streamline the packaging function of customer operations which will reduce costs and increase production efficiency. Company management has estimated that the overall market for ITW1000 could be about 10,000 units. Management research indicates that competitors are also developing similar types of machines. ITW1000 The ITW1000 is a high-speed sorting, labeling, packing and material handling machine. It maximizes the accuracy of the packaging and labeling operation. Its key features consist of: • • • • • • Easily adaptable to various food and beverage manufacturers’ product packaging designs Constructed of light weight and durable components which make it easy to move locations within a production facility A robotic system that is built for high-speed operations Low energy usage Can operate at maximum efficiency with minimal downtime for maintenance Low operating costs Packaging Equipment Market Overview The packaging equipment market is set to grow from its current market value of more than $38 billion to more than $47 billion by 2024, according to a new research report. The growing adoption of automation in several industrial sectors is driving growth. Technological advances provide several advantages to industries using these products in packaging applications. For instance, smart sensors offer fault detection, data collection, mobile connectivity, and remote monitoring, boosting efficiency in processes and operations performed in factories. Industries using traditional packaging equipment are focusing on substituting legacy machinery with new innovative equipment to enable mass production. 2|Page ITW INC. – CAPITAL PROJECT ANALYSIS FIN 3504 CASE ASSIGNMENT – FALL 2020 Demand for packaging equipment is primarily driven by the development of energy-efficient equipment, increasing adoption of automated packaging machines and consumer demand for personal care goods. Growing demand for packaging robots from several end-use industries is also a key factor in the packaging machinery market. These machines play a key role in ensuring product safety throughout the value chain. Equipment manufacturers are emphasizing solutions that have minimal environmental impact. High costs associated with the development and installation of packaging equipment is restricting market growth. Small companies cannot afford to purchase these machines, forcing them to implement manual packaging techniques over automated systems, leading to adoption of an equipment rental business model. In addition, increasing maintenance costs are further hindering industry demand. Periodic maintenance and checks need to be performed to ensure proper operation of the equipment. The food and beverage industry accounted for more than 55% of packaging machinery market share in 2017. The packaging equipment market has witnessed growing demand for new machinery from developing markets due to the increase in spending on a wide range of processed and ready-to-go food and beverage products. To satisfy demand, several major companies operating in the food and beverage industry are looking to expand in untapped markets by building new plants and purchasing new machinery. In addition, with changing consumer preferences, food and beverage companies are expected to introduce a range of new products that require innovative or newer packaging machinery. Packaged Food & Beverage Industry Consumer preferences reflect products with bold flavors and meal-replacing snacks. In addition, health and wellness products, particularly in the form of immunity-boosting foods, are also on consumers’ minds. Consumers are looking for nutrition-packed foods. Plant-based meats in the form of burgers and chicken nuggets will also continue to rise in favor with consumers, as well as dairy milk substitutes from almonds, soy beans, cashews, coconuts and more which have caused disruption in the traditional dairy market. Consumers continue to demand an increase for healthier, quality frozen food products to accommodate changing lifestyles, particularly for the maturing millennial generation who are now balancing building a healthy family and career. Consumers are focusing more on “clean eating” and have a strong interest in not only what a product is but how it is made and by whom. Transparency into how food is made and where will be key for food businesses. With today’s instant access to information, if consumers can’t understand or find out where and how a product is made and what’s in it, they’ll be more inclined to leave it behind in search of alternative products made by companies that have a genuine commitment to sustainability and improving the environment. Consumers will continue to demand to know more about the foods they eat. Food safety is now costing the food and beverage industry billions each year. It will be more important than ever for the industry to pinpoint safety issues immediately. Food companies will need to be mindful of waste reduction as consumers demand sustainable, transparent production and packaging in the products they purchase. Regenerative, upcycling, biodiverse and organic farming and food 3|Page ITW INC. – CAPITAL PROJECT ANALYSIS FIN 3504 CASE ASSIGNMENT – FALL 2020 production will also continue to rise per consumer demand; speed-to-market, quality control and safety must all be a part of this process. Project Details The following are the assumptions developed by the ITW1000 Production and Sales & Marketing Departments (the “Project Team”). Development Expenditures (Period 0) • The following are the expected expenses and capital expenditures: ➢ Manufacturing expenses for ten test machines - $4,450,000 (tax deductible) ➢ Engineering including salaries and wages of $2,050,000 (tax deductible) ➢ General and administrative expenses $650,000 (tax deductible) ➢ Capital expenditures for the needed manufacturing equipment $13,050,000 ▪ $9,800,000 of equipment to be depreciated under 5-year MACRS ▪ $3,250,000 of equipment to be depreciated under 3-year MACRS ▪ MACRS table are supplied ▪ At the end of year 8 it is estimated the equipment can be sold for 25% of its original cost ➢ Expenses to transport the ITW1000 to ten test customer locations and to install them for testing $35,000 per machine (tax deductible) ➢ Sales and marketing expenses of $2,425,000 ➢ Initial working capital investment of $500,000 Years 1 – 8 The Project Team determined to evaluate the ITW1000 over an eight-year life. However, it believes its economic life could be longer but concluded eight years would be conservative in evaluating the economics of the project. The Project Team has developed the following forecast assumptions. • Pricing per unit is as follows: o $765,000 per unit o $32,000 annual maintenance agreement o Both are expected to have annual price increases of 3% per year o Number of units sold: ▪ Year 1 - 50 ▪ Year 2 – 75 ▪ Year 3 – 125 ▪ Year 4 – 150 ▪ Year 5 – 170 ▪ Year 6 – 170 ▪ Year 7 – 135 ▪ Year 8 – 110 4|Page ITW INC. – CAPITAL PROJECT ANALYSIS FIN 3504 CASE ASSIGNMENT – FALL 2020 o Direct material expense per unit is expected to be $400,000 in the year of introduction and will increase 3% per year o Manufacturing labor expense: ▪ Direct labor full-time-equivalents (FTE) of 2.5 per machine at a cost of $70,000 per FTE ▪ Indirect labor FTE (1.5) per machine at a cost of $55,000 per FTE ▪ Labor costs will increase at 2.0% annually o Direct overhead will be 8.0% of direct material cost in year 1 decreasing .5% each year thereafter (i.e. year 2 - 8.0% - .5% = 7.5%) o Indirect overhead will be 3.0% of direct material cost in year 1 decreasing .25% each year thereafter o Sales and marketing expenses will be 7.5% of revenue in year 1 decreasing .75% each year thereafter o General and administrative expenses will be 5% of revenue in year 1 decreasing .5% each year there after Working capital assumptions • • • As noted above the initial working capital investment is $500,000 End of year working capital is projected to be 2.0% of the current year’s revenue At the end of year 8 the working capital accounts will be zero Other • • Marginal tax rate – 25% Required rates of return: o Cost savings projects – 10% o Product line extensions – 12% o New products – 14% Financial Planning & Analysis Department You are a financial analyst in the Company’s financial planning and analysis department. You have been assigned to the Project Team to develop a capital project analysis which will be part of the presentation made to the Company’s capital projects committee to obtain approval in order to move forward with development of ITW1000. 5|Page ITW INC. – CAPITAL PROJECT ANALYSIS FIN 3504 CASE ASSIGNMENT – FALL 2020 The committee requires a written report (Word document 2 page maximum) with supporting Excel analyses which should include: • • • • • • Overview of the project Key factors in the packaging equipment market and packaged food & beverage industry Preparation of a dynamic (i.e. formulas should be linked to assumptions) project forecast model in Excel NPV and IRR analyses The following three sensitivity analyses need to be performed: 1. At what price per unit does the NPV equal zero (use “Goal Seek” under “Data”, “What-if”, “Goal Seek”) 2. If the working capital assumption increases from 2.0% to 3.0% what is the impact on NPV/IRR 3. What if labor costs increase 3.0% annually instead of 2.0% what is the impact on NPV/IRR Explanation of your results and recommend whether to accept or reject the project and outline any risks/opportunities associated with the project that could impact the NPV/IRR MACRS Depreciation rates 6|Page ITW INC.. ITW1000 CAPITAL PROJECT ANALYSIS - FIN 3504 Year 0 Revenue Units Sales Maintenance Contracts Total Revenue Development Expenses Direct Material Labor Direct Overhead Indirect Overhead Depreciation Expense Total Cost of Goods Sold Gross Profit GP % Sales & Marketing Expense General & Administrative Expense Sale of manufacturing equipment Pre-Tax Income/(Loss) Income Tax Expense/(Savings) After-Tax Income/(Loss) Add: Depreciation Less: Capital Expenditures Less: Increment Working Capital - Use/(Source) Project Cash Flow NPV IRR Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 n/a n/a n/a - n/a n/a n/a n/a n/a n/a n/a Assumptions Price per unit Annual Maintenance Contract per unit Annual price increase Units Sold Direct Material costs per unit Direct Material costs per unit annual increase Direct Overhead as a % of Direct Material Indirect Overhead as a % of Direct Material Sales & Marketing as a % of Revenue General & Administrative as a % of Revenue Marginal Tax Rate End of Year Working Capital % of Revenue End of Year Working Capital Incremental Working Capital Residual value as a % of original cost Discount Rate n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a ITW INC.. ITW1000 CAPITAL PROJECT ANALYSIS - FIN 3504 Development Expenditures Year 0 Expenses Manufacturing Engineering General and administrative Test locations transportation/installation Sales and marketing Total Capital Expenditures Manufacturing equipment (5 year MACRS) Manufacturing equipment (3 year MACRS) Working Capital Initial funding ITW INC.. ITW1000 CAPITAL PROJECT ANALYSIS - FIN 3504 MACRS Depreciation Year 0 Capital Expenditures Manufacturing equipment (3 year MACRS) Manufacturing equipment (5 year MACRS) Depreciation MACRS rates 3 year MACRS rates 5 year MACRS rates Depreciation expense 3 year property 5 year property Total Year 1 Year 2 Year 3 Year 4 Year 5 ITW INC.. ITW1000 CAPITAL PROJECT ANALYSIS - FIN 3504 Manufacturing Labor Year 1 Year 2 Full-Time Equivalents per machine Direct Indirect Cost per Full-Time Equivalent Direct Indirect Annual Increase Manufacturing Labor per Machine Direct Indirect Total Machines Manufactured Total Labor Cost n/a Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Purchase answer to see full attachment Tags: Capital Investment Labor costs Increase Profitability Sensitivity analyses project profitability User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
from focus group discussions on hand hygiene compliance among health care workers in Vietnam". The following questions should guide the responses but the final product should be in APA format style and writing. Please see the rubric for details.Module 5_AssignmentArticle_Qualitative findings from focus groups.pdf Download Module 5_AssignmentArticle_Qualitative findings from focus groups.pdf -What is the APA citation for the article you are critiquing? -Problem Statement (rationale why the study needs to be conducted, background and importance): -Why does the study require a qualitative methodology: -Method (phenomenology, grounded theory, ethnography): -Philosophical/Theoretical underpinning of the qualitative method described: -Sample and Setting: -  -Inclusion criteria: -Exclusion criteria: -Sample size: -Setting described: -Data Collection: -  -Data collection strategy (interview, observation, focus group): -Rigor: -  -What was done to enhance the study's credibility, trustworthiness, and auditability: -Is the protection of human subjects addressed: -Conclusions/Implications: -  -Is the significance of the research described in the context of what is already known: -Do the conclusions/implications reflect the reported findings: -Are study limitations addressed: -Are recommendations for practice/research provided: -Level of evidence (placement on evidence hierarchy used in class):     
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