Littlefield Technologies seeks to minimize production costs and sell at the highest price the market will allow, with the end result of maximizing profit, or value for shareholders. ... In addition, it did not have a delivery agreement with suppliers that would maximize raw product inflows at the least cost. ... This, in turn, allowed us to move to the contract which required delivery in maximum 24 hours, which maximized our profits. ... If we could do the simulation again we would purchase new machines for all three stations at the onset to allow the backlog to clear quicker and the compan...

• Word Count: 1499
• Approx Pages: 6
• Grade Level: Undergraduate