Portfolio Option #2: Comprehensive Balanced Scorecard – Paper

In Module 4 Portfolio Project Milestone, you will select a publicly held manufacturing company. For this company, complete a balanced scorecard that includes metrics from each module of this course. Specifically, include the following in your balanced scorecard:

1. Pricing Decisions and Customer profitability: Select a gross margin percentage for your company and a pricing strategy. Justify your strategy.
2. Support Department Cost Allocation: Select two departments that require tracking and present the target costs for those departments as a percentage of sales in total. Provide your selected percentage and rationale.
3. Allocation of Joint Products and Byproducts: Indicate a potential byproduct that is realizable from your company’s operations. Express the total cost of the byproduct as a percentage of sales. Justify your selection.
4. Spoilage, Rework, and Scrap: Indicate the expected percentage level of spoilage and rework as a percentage of sales. Justify your answer.
5. Quality Analysis: Develop a target of quality acceptance that is justified based on Requirement 4. Justify your answer.
6. Balanced Scorecard: Select a learning and growth metric of your choice for the scorecard. Justify your selection.
7. Inventory Management: Presume you will implement Just-in-Time. Project the decrease in percentage of inventory investment that will be realized. Justify your answer.
8. Management Control Systems and Performance Measurement: Include two of the following management performance metrics: return on investment, residual income, and economic value added. Justify your selections.

Present your scorecard in a supporting table. Include an executive summary of one page and your justification for each response to the requirements listed above. Include an operational approach that represents a primary initiative to achieving the expected level of performance.

Your paper should meet the following requirements:

• Your paper should be 8-10 pages in length, not counting the required title and reference pages.
• Integrate concepts, terms, and theories from the readings and module content.
• Cite at least three sources for this assignment, outside of the course textbook. Two of these sources must come from academic journals.

Review the Portfolio Project grading rubric in Module 8 for full details on how you will be graded on this assignment.