Running head: Understanding value added services Understanding value added services 6 Understanding value added services Dennis Byrd ITT-Tech Business Management Capstone Project Mwembe Company Limited is a manufacturing company limited that offers a variety of healthy and nutritious products. The products offered are essential to people with healthy lifestyles. For individuals planning a family gathering or a friend’s party where one requires to give them a special treat, Mwembe Company has the products to put the plan into action. The products on offer are the fresh juices, vegetables and fruit pudding. This is a global enterprise since it distributes its manufactured products all over the world. Mwembe manufactures leads in producing, marketing and distributing high-quality fresh and fresh cut fruits and vegetables. Mwembe Company is the leading producer and distributor of prepared fruits and vegetables, juices, beverages and healthy snacks across the United States. Mwembe Company is dedicated to meeting current and future needs of consumers worldwide. To factor in their vision of becoming the world’s leading global supplier of healthful and nutritious, fresh and prepared food and beverages for consumers in every age level. Based on our strengths which include the wide range of fresh and prepared products. Having a vertically integrated supply chain, the global distribution capabilities and our world-class brand the company is in a position to maintain its customers. The company aim is manufacture products that satisfy today’s health and wellness-conscious consumer demands with a level of convenience fitting perfectly into their active lifestyle. Value added products or services Mwembe Company offers to increase its profitability are; observing the off-season processing which includes, Fill local foods availability gap and fill farmers’ cash flow gap. The company should ensure that they develop value-added products from vegetables and fruits. Market those products locally. Create a product-development methodology to share with other small-scale producers. or the developing Products there is the requirement for preliminary market analysis where a survey of the involved shareholders is carried out. Having conversation with the local people (farmers) and the consumers to find response on their product quality level. For Mwembe Company to Produce Value-Added Foods, their final recipe should be approval by Process Authority if necessary. Have also a recipe Checklist for Scheduled Process to find an easy way to track steps and document changes and corresponds to lot numbers. Embracing a digital business model. Effective use of SCM tools within ERP or as a standalone application helps in control of a wide range of variables in a manufacturing company. These variables are purchasing costs, quality controls, pricing and speed to market. Having the right mix of Information Technology and processes contributes ultimately to a hea.

1. Running head: Understanding value added services
Understanding value added services
6
Understanding value added services
Dennis Byrd
ITT-Tech
Business Management Capstone Project
Mwembe Company Limited is a manufacturing company limited
that offers a variety of healthy and nutritious products. The
products offered are essential to people with healthy lifestyles.
For individuals planning a family gathering or a friend’s party
where one requires to give them a special treat, Mwembe
Company has the products to put the plan into action. The
products on offer are the fresh juices, vegetables and fruit
pudding. This is a global enterprise since it distributes its
manufactured products all over the world. Mwembe
manufactures leads in producing, marketing and distributing
high-quality fresh and fresh cut fruits and vegetables. Mwembe
Company is the leading producer and distributor of prepared
fruits and vegetables, juices, beverages and healthy snacks

2. across the United States.
Mwembe Company is dedicated to meeting current and future
needs of consumers worldwide. To factor in their vision of
becoming the world’s leading global supplier of healthful and
nutritious, fresh and prepared food and beverages for consumers
in every age level. Based on our strengths which include the
wide range of fresh and prepared products. Having a vertically
integrated supply chain, the global distribution capabilities and
our world-class brand the company is in a position to maintain
its customers. The company aim is manufacture products that
satisfy today’s health and wellness-conscious consumer
demands with a level of convenience fitting perfectly into their
active lifestyle.
Value added products or services Mwembe Company offers to
increase its profitability are; observing the off-season
processing which includes, Fill local foods availability gap and
fill farmers’ cash flow gap. The company should ensure that
they develop value-added products from vegetables and fruits.
Market those products locally. Create a product-development
methodology to share with other small-scale producers.
or the developing Products there is the requirement for
preliminary market analysis where a survey of the involved
shareholders is carried out. Having conversation with the local
people (farmers) and the consumers to find response on their
product quality level. For Mwembe Company to Produce Value-
Added Foods, their final recipe should be approval by Process
Authority if necessary. Have also a recipe Checklist for
Scheduled Process to find an easy way to track steps and
document changes and corresponds to lot numbers.
Embracing a digital business model. Effective use of SCM tools
within ERP or as a standalone application helps in control of a
wide range of variables in a manufacturing company. These
variables are purchasing costs, quality controls, pricing and
speed to market. Having the right mix of Information
Technology and processes contributes ultimately to a healthier
and a higher margin business. Well equipped also to see and

3. deal with unexpected changes throughout the supply chain.
Digital business model contributes to customers and market
visibility. The greatest benefit of SCM tools is access to
accuracy, real time data from a disparate array of IT systems,
databases and even social media feeds. The information is
available on anytime and anywhere basis. Through the digital
model, marketing is enhanced which facilitates profitability
increase.
Synchronize ingredient self life to production cycles and
minimize losses due to spoilage. While still leveraging volume
discounts that makes sense. Since it deals with agricultural
products, the suppliers’ quantity must be considered. On
packaging of agricultural products and other materials and
procuring efficiently (Kimmel, Weygandt, & Kieso, 2008). Any
disruption that slows manufacturing processes leads to losses
with involvement of perishable food. By observing on quantity
and quality supplied, there is the aspect of added value on the
product offered which in return increases profitability.
The company performance for the past one year of 2014 is
analyzed below. To determine the prices to be set for the final
products in accordance with the costs those are associated with
the manufacturing process.
MWEMBE LTD
MANUFUCTURING ACCOUNT
FOR THE PERIOD ENDED 31st December 2014
$$
Opening stock raw materials 20000
Add: purchased raw materials 30000
Carriage inwards (raw materials) 5000
Less: return outwards (raw materials) (4000)
Cost of materials available for production
51000
Less closing stock (R.M) (8000)
Cost of raw materials used 14000

4. Add direct labor 20000
Direct expenses 15000
Prime costs 92000
Indirect Expenses
Indirect labor 5000
Indirect expenses 4000
Heating expenses 3000
Lighting expenses 1000
Depreciation of factory equipment 4000
Depreciation of factory van 2000
Factory salaries/wages 5000
Factory rent 1000
Total indirect expense 25000
Add opening work in progress 10000
Less closing work in progress (5000)
Total Cost of production 122000
Manufacturing gross profit added (10%) 12200
Finished goods at transferred price
134200
To determine the prices to be set for the products it is necessary
that a manufacturing account is created. This determines the
costs associated with the manufacturing process. At this level
the prices to be set is $134200 per item. The actual cost
associated with the item is $122000.
The giveaway item in this case being the digital technology
embraced where labor reduces to 5000, high percentage of
manpower is replaced by automatic machines. To find the net
profit having sales of $150000 by deducting the actual price to
get $15800.

5. References
Duesterberg, T. J., & Preeg, E. H. (2003). U.S. Manufacturing:
The Engine for Growth in a Global Economy. Greenwood
Publishing Group,.
Kimmel, P. D., Weygandt, J. J., & Kieso, D. E. (2008).
Accounting: Tools for Business Decision Making. John Wiley &
Sons.
Perrone, G., Bruccoleri, M., & Renna, P. (2005). Designing and
Evaluating Value Added Services in Manufacturing E-Market
Places. Springer Science & Business Media.
Population MeanPopulation MeanInputs --Planning Value for
Sigma:100<-- Input the appropriate number for your
situationDesired margin of error:25<-- Input the appropriate
number for your situationConfidence Level:0.95<-- Input the
appropriate number for your situationIntermediate Calculations
-- z-multiple:1.9600Sigma squared:10000M.E. squared:625z-
multiple squared:3.8414588207Results --Sample Size
needed:62(rounded up to a whole number)
When taking a sample to estimate a population mean, the inputs
to determine the required sample size include a planning
estimate for the population standard deviation (sigma), the
required margin of error (expressed in whatever units
sigma is expressed in), and the required confidence level.
Population ProportionInputs:Planning Value for P-Star:0.5<—
Input the appropriate number for your situation.Desired Margin
of Error:0.03<— Input the appropriate number for your
situation.Confidence Level:0.95<— Input the appropriate
number for your situation.Intermediate Calculations:Z-
Multiple:1.9600Sigma:0.25M.E. Squared:0.0009Z-Multiple
Squared:3.8414588207Results:Sample Size

6. Needed:1068(rounded up to a whole number).
Sample Size Estimator
Population Proportion
The inputs to determine the required sample size when taking a
sample to
estimate a population proportion include a planning value for
the population
proportion (P-star), the required margin of error (expressed in
whatever units
sigma is expressed in), and the required confidence level.
BU2799
Project
1
PROJECT DESCRIPTION
Project Introduction:
The course has a comprehensive four-part project that will
allow you to apply your knowledge in the field of
business management. This project is assigned in Week 1 and
has different tasks and submissions
throughout the 11 weeks. Each part of the project builds upon
the previous one.
In Project Part 1, you will select a fictitious organization and

7. discuss the value added services that it offers.
You will also measure its performance by creating a table.
In Project Part 2, you will draft a document showing a Web site
design for the company that you selected in
Project Part 1.
In Project Part 3, you will determine the financial health of the
company.
In Project Part 4, you will create a business plan for the
company and submit to your instructor.
Course Objectives Tested:
1. Select a project that incorporates all the subject processes
that have been studied in the Associates
program.
2. Outline a project that has appropriate depth and breadth to
adequately resolve a substantive
business problem.
3. Research the details of the project to build facts necessary to
make good business decisions toward
the problem solution.

8. 4. Analyze the data and recommend a specific approach to
resolve the business problem.
5. Recommend the solution and action items that must be
addressed and implemented to resolve the
business problem.
6. Write a formal report with the problem statement, all data
and sources of data, recommendations
based on the student’s business analysis, and conclusions for
the business.
7. Present the analysis as a final report.
BU2799
Project
2
PROJECT SUBMISSION P LAN
Project Part Description/Requirements of Project Evaluation
Criteria
Project Part 1 Assessment Preparation Checklist:
Perform the following tasks to prepare for this assessment:
y

9. Strategy Analysis, before attempting this
assessment.
this week’s online lesson.
Title: Understanding Value Added Services
During the lifetime of a company, it experiences P and L’s
(profits and losses) for a variety of reasons. Many
companies provide value added products or services as
enhancements to increase their sales revenues.
Think of any one fictitious organization from the following
sectors and then perform the given tasks:
1. Automotive
2. Healthcare
3. Manufacturing
4. Telecom
Task 1:

10. Give a brief introduction of the company. Mention its name,
industry type, kind of products or services it offers to its
consumers, etc.
Task 2:
Name three types of value added products or services that
the company could include to increase its profitability.
Some examples may include:
1. A landlord’s lease or rent incentive
Your instructor will consider
the following points for
evaluating your performance
in this assessment:
project on time?
organization from the
given set of industries?

11. value added products or
services?
price, actual cost of
giveaway item, and
product or service in the
performance table?
BU2799
Project
3
Project Part Description/Requirements of Project Evaluation
Criteria
2. A software company’s add-on products
3. A retail store’s buy two and get one free option
Task 3:

12. Create a table that includes the performance of the
company for the past one year using:
1. Net cost of item
2. Net income from item
3. Net cost of value added item
4. Total net profit
Make sure to include product price, actual cost of giveaway
(actual or presumed) item, and product or service, in a table
that shows profitability measures.
Submission Requirements:
Submit a Microsoft Word document of the following
specifications:
ial, Size 12, double space
–5 pages
Due: Week 3

13. Grading Weight: 17.5%
Project Part 2 Assessment Preparation Checklist:
Perform the following task to prepare for this assessment:
Web site” from this
week’s online lesson.
Title: Creating a Web site
Create a five page word document of what a Web site could
look like for the company that you created in the previous
part of your project.
Your instructor will consider
the following points for
evaluating your performance
in this assessment:
project on time?
suggested elements in

14. the design?
BU2799
Project
4
Project Part Description/Requirements of Project Evaluation
Criteria
Include the following in the document:
purchase options
Remember that the site map must enable clients to find
information readily.

15. Submission Requirements:
Submit a Microsoft Word document of the following
specifications:
–6 pages
Due: Week 6
Grading Weight: 17.5%
Project Part 3 Assessment Preparation Checklist:
Perform the following tasks to prepare for this assessment:
Contemporary Strategy Analysis:
o Chapter 9, pp. 228–242
o Chapter 10, pp. 246–263
week’s online lesson.
Title: Determining Financial Health

16. Considering accounting standards and financial accounting
basics, prepare a scenario to determine the financial health
of the company that you have created in the previous parts
of your project.
Your instructor will consider
the following points for
evaluating your performance
in this assessment:
project on time?
early determine
the financial health of the
fictitious company?
BU2799
Project
5

17. Project Part Description/Requirements of Project Evaluation
Criteria
Include the following as a part of the financial health:
ntory valuations based on what is there in
stock, what has been sold, and what is expected to
be sold in future
Submission Requirements:
Submit a Microsoft Word document of the following
specifications:
–4 pages
Due: Week 8
Grading Weight: 17.5%
Project Part 4 Assessment Preparation Checklist:

18. Perform the following tasks to prepare for this assessment:
Go through the following chapters in the textbook,
Contemporary Strategy Analysis:
o Chapter 16, pp. 402–418
o Chapter 17, pp. 423–452
o Chapter 18, pp. 456–475
from this week’s online lesson.
Title: Business Plan
For this part of the project, consider that the company you
created has strategically planned a merger with an
overseas organization within its first three years of starting.
Now, write a business plan for the newly merged multi-
business corporation.
Your instructor will consider
the following points for
evaluating your performance

19. in this assessment:
project on time?
the suggested
elements in the
business plan?
BU2799
Project
6
Project Part Description/Requirements of Project Evaluation
Criteria
Also include the following in the business plan:
1. Reasons why you think these two companies will
work in harmony

20. 2. How you plan to manage the separate incomes
3. Floor plan (layout), building size needed
4. Number of employees (and the necessary
positions) for the new company
Submission Requirements:
Submit a Microsoft Word document of the following
specifications:
Arial, Size 12, double space
–6 pages
Due: Week 11
Grading Weight: 17.5%
End of Project Description