We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Marsh's Metals - Case Study Example

Comments (0) Cite this document
Summary
Bob Marsh, the owner of Marsh’s Metals, has acquired 10,000 kilograms of partially refined rhenium ore (Re) for $8,000 per kilogram and estimates that he would be able to sell all the ore for $12,000 or more per kilogram. Bob has two alternatives, sell the 5,000 kilograms…
Download full paperFile format: .doc, available for editing
Polish This Essay92.6% of users find it useful
Marshs Metals
Read TextPreview

Extract of sample
"Marsh's Metals"

Download file to see previous pages By choosing this alternative, the company can maximize their possible profit to about $51,250,000 (or more) as against selecting the alternative to sell the rhenium to Fleishman and making a possible profit of $45,000,000 (or more).
Marsh’s Metals, a privately held metals broker in Prescott Florida, has acquired 10,000 kilograms1 of partially refined rhenium ore (Re) from the Niger government for $8,000 per kilogram. Bob Marsh, the owner of Marsh’s Metals, estimates that he would be able to sell all the ore for $12,000 or more per kilogram.
Bruce Fleishman Jr., president of the Fleishman Refining Company based in Walla Walla (WA), who is an old friend with whom Bob Marsh has done business in the past, has contacted him about purchasing 5,000 kilograms of rhenium ore for his specialty metals company. Bruce has offered a $1,000 premium per kilogram over the normal $12,000 Bob is asking for the ore. At about the same time Huffman Smelter and Minerals from San Antonio TX called to order 4,500 kilograms of the rhenium ore for their immediate needs and are willing to pay $14,500 per kilogram for the ore. He is leaning on selling to Fleishman because he is a repeat customer at a 70% probability, but could be convinced to sell to Huffman if the monetary figures work out.
Bob has two alternatives, sell the 5,000 kilograms rhenium to Fleishman or 4,500 kilograms to Huffman, and then later sell the remaining ore on the open market. Bob wants to maximize his profit by choosing an alternative.
A Precision tree is constructed for the given scenario using two possible alternatives, sell the rhenium to Fleishman or to Huffman, and sell the remaining ore on the open market. The branch with the maximum Expected Monetary Value (EMV) will determine the possible alternative.
Marsh’s Metals has two alternatives, sell to Fleishman or to Huffman. This ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marsh's Metals Case Study Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/statistics/1649805-marshs-metals
(Marsh'S Metals Case Study Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/statistics/1649805-marshs-metals.
“Marsh'S Metals Case Study Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/statistics/1649805-marshs-metals.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Gilbane Gold Ethical Model - Analysis
There are two situations in this case that touches on ethics. The first being blowing of whistles and the second being ethical issues, which are inclusive of trust and honesty between the firm, and its environs. A major problem that has been stated in this case study is about fairness.
5 Pages(1250 words)Case Study
Obligations
These are generally in the form of legal obligations, which incur a penalty for lack of fulfillment, although certain people are obliged to carry out certain actions for other reasons as well, which can be due to tradition or social reasons. Obligations vary from person to person, for example, a person holding a political office will generally have far more obligations than an average adult citizen, who themselves will have more obligations than a child." (wikipedia) Obligations cover very wide spectra of trade law, which in real life situations show different and numerous variations.
8 Pages(2000 words)Case Study
Comfort Letter
Along this line, it can just be any other letter. What is important is the spirit and import as indicated and expressed in the text or the wording thereof. The case in point to be deciphered in the present treatise is that of Kleinwort Benson Ltd v Malaysia Mining Corporation Bhd [1988] 1 WLR 379.
4 Pages(1000 words)Case Study
Business law case
Any delays or interruptions in their relationship caused by litigation could have a devastating impact on both parties regardless of which party is ultimately vindicated in the courts. Acme would find itself without essential parts that are hard to source
2 Pages(500 words)Case Study
Case Study Assignment.....Metals in the Environment, my topic is lead
It is naturally found in trace quantities. The approximate concentration of lead in the Earth’s crust is 20ppm. The mobilization and transfer of lead is mainly through human means, however, foul weather and volcanic emissions also play their part. A research
1 Pages(250 words)Case Study
Managing Public Relations in Nonprofit Organizations
Secondly, a secondary research was done for the basis of identifying scheduled conferences. The major reason was to identify perfect avenues for conducting a public announcement without raising aspersion
2 Pages(500 words)Case Study
Strategic managment
Their competitive advantage will be maintained since they have incorporated technology into their dealings, and this is a significant tool of beating the competition. The core competence that the firm possesses is that they are ready for change. It is capable to
1 Pages(250 words)Case Study
IBM in 2009
The company then acquired their own computer software that would improve the companys value-chain performance. It then made changes to the services and consulting section. They wanted to improve the customers experience (Charles & Gareth
1 Pages(250 words)Case Study
Exam
In regards to stigma, the concept increases the inability of the society to perceive one as a capable of taking part in normal activities (Smith 54). Person with discredited Stigma develop the assumption that their stigma can directly detected of known (Shana & Collete
1 Pages(250 words)Case Study
Group case
Two decades later, in 1980, Dowling Flexible Metals has expanded three-folds. Originally, a company of hardly three main managers and few part-time moonlighters, the company has grown its organizational structure
1 Pages(250 words)Case Study
Let us find you another Case Study on topic Marsh's Metals for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us