Research Paper on:
Paint Costing Case Study; The Case of Wellesley Paint

Unformatted Sample Text from the Research Paper:
an issue it can be argued as very important to gain the benefits of economy of scale, as seen with the cost of the latex. Where the company orders more  than 150,000 pounds there is a 10% discount bringing the price down. There are also issues such as timing that are important, the taking in of the latex needs to  be in the spring and summer months, in the winter the temperature mean that there would need to be heated trucks used what will increase the costs. There are also  long lead times for the selling of the traffic paint that is bought on price only as long as the specific performance criteria are met. This can mean storing paint  and the cost of storage facilities. However the demand is also at the time of year when the weather is at its best, June, July and August, resulting it the  ability to transport the latex without the need for heated trucks. Proximity to the buyer of the traffic paint is also an important cost element and limits the range of  the contracts. The commercial paint may not be as seasonal. There is also a key point of the commercial paint, that the local reputation may be seen as a competitive  advantage, but there is also the lack of ability to mix and match paint, as seen with other larger national firms. However, the company is already in many of the  retail outlets as a second or third line paint, so the distribution network is already set up. To consider strategies aspects such as the required quality, the cost per litre,  including storage and transportation and the production cycle, from the time of the inputs to the time of the level of working capital that maybe tied up with the holding