REFLECTION: Before we started, we was bid 32 aircrafts. Unfortunately, we just got 21 aircrafts at the end and then we just did $420,000 while we have estimated that we will got $640,000. Of course, we had to pay $96,000 for cost of raw materials and $250,000 overheads. As a result, the profit that we got is $74,000. We acknowledged that the Taylor’s Four Principles of Management is a good principles that we need to following. However; to do better next time, we need to notice between time and quantity. We got a profit at the end but we also was waste 11 aircrafts and then we had to pay about cost of raw materials for 11 aircrafts.
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