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      Industrial Grinders'' Case Study Name Instructor Task Date Introduction Industrial Grinders (I.G) is an industry dealing with the production of steel rings currently used in certain machines. The industry (I.G) has been into existence for more than 70 years and has manufactured industrial machines for sale in numerous countries globally ...

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      Case Study - Industrial Grinders N.V. Problem Statement: Industrial Grinders, N.V. has decided to start manufacturing and selling plastic rings for use in their machines. Currently, they manufacture and sell steel rings, along with the machines they also manufacture and sell …

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      Case Study - Industrial Grinders N.V. Problem Statement: Industrial Grinders, N.V. has decided to start manufacturing and selling plastic rings for use in their machines. Currently, they manufacture and sell steel rings, along with the machines they also manufacture and sell through another division of the company. They recently discovered that ...

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       · Decision Making: Industrial Grinders, a manufacturing organization that has been in business for nearly 70 years is faced with a problem that many companies in their field must overcome. A competitor has created a product that is more effective and with this new product, has the potential to take over the market.

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      3 Industrial Grinders This will decrease direct labor costs to $32.76 per 100 steel rings. Further reduce departmental amounts to $26.21 per 100 steel rings. Leaving the total cost to produce 100 rings at $182.42 during this slack period. o Use the production savings to obtain the equipment and tools necessary to start production of plastic rings.

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      Industrial Grinders have inventory on hand valued at $93,000, made up of special steel worth $26,400 and manufactured steel rings valued at $66,600. Steel rings have a normal life of

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