Viktor Lenac Shipyard

In: Business and Management

Submitted By cmodowd5
Words 2721
Pages 11

Authorized for use only by Christopher ODowd in MS 4343 at University of Texas at San Antonio from Aug 27, 2014 to Dec 19, 2014. Use outside these parameters is a copyright violation.

Giorgio Sinkovic and Professor David M. Currie prepared this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction, storage or transmittal without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Management Services, c/o Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail Copyright © 2004, Ivey Management Services Version: (A) 2009-10-09

As the late afternoon sun descended over Mount Ucka, Ivana Boric sat down to prepare the production plan for the coming year at Viktor Lenac Shipyard. It was late May 2003, and the choppy seas caused by the Yugo wind from the southeast reminded her of the turbulent times facing Viktor Lenac. Recent expansion had increased fixed costs beyond the level that could be supported by the current volume of sales, jeopardizing Viktor Lenac’s future. If management could not discover ways to increase profits from current operations, the shipyard could default on loans and be forced to seek bankruptcy protection. Boric’s supervisor, the manager of production for the shipyard, suggested that she explore ways to improve Viktor Lenac’s…...

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