Tel: +01.716.484.1148
Tel: +01.716.484.1148

Virtual Huddles

Virtual Huddle 03/31/2021

 
 
Having problems getting an appointment to get a COVID-19 Vaccine? Please see Eric Moffatt for assistance in finding a location!
 
Birthday's:
Eric Moffatt
Johanna Villanueva
Jason Hartranft
 
Anniversaries:
Edgardo Ortiz-Cruz 2 years
 
New Hire:
Joanna Swan
 
Late Orders are increasing, some notable parts to keep moving:
DN0925, 10500406B, 18-308, 5004208, K054240
 
Bar Stock Moisture Content
Goal is 2% or under. We have averaged for the year 1.97%. This month we are at 1.76%
 
Net Operating Profit has decreased to $124,230, making our year to date forecast: $210,362.
This marks us at a level 1 on the bonus matrix. 
 
 
Week 6 A New Hope Answers
 
 How do you calculate Net Operating Profit?

You take lines 5 – 16 – 17 (Value Added – Total Direct Expenses – Indirect, Overhead, Depreciation and Interest)

How do you calculate Value Added?

You take lines 2 – 3 – 4 (Total Sales – Bar Stock and Outside Service – Profit Leaks)

Week 4 March Forecast for Davenport Consumables is $57,000. If we were to save $940 on the
Davenport Consumables, what would our Net Operating Profit be?
 
$178,668

In the week 4 March Forecast, what percentage of total sales is our bar stock?
 
33%