Document be2DBmwO8MEyOrqDopOo4X2o
4 .* A. JOW R e:V 11 -69'
'REQUEST AND AUTHORITY FOR CAPITAL
EXPENDITURES / RETIREMENTS__________
DIVISION on COMPANY
Organic Chemica1 Division
LOCATION
J.O. CONTROL POINT
Chicago, 111.
097
REPORTING, CLASSIFICATION
CL
DATE APPROVED
11/24/80
JOB ORDER NO.
0C-5206 1
SUMMARY OF AMOUNTS
. DESCRIPTION
LOCAL CURRENCY
e s t ima t e d p r o j e c t COST
U.S. DOLLARS
$7611
DISMANTLEMENT EXPENSE
JOB TITLE
Purchase company station wagon
TRANSFER EQUIPMENT GROSS AMOUNT FOR APPROVAL
LESS TRANSFER EQUIPMENT LESS SALVAGE OR TRADE-IN ALLOW-
$7611
loop .
NET CASH REQUIRED <g o f -3027)
'$6611
RETIREMENT DATA
ECONOMIC JUSTIFICATION
REVISION DETAIL IGROSS AMTS.)
DISMANTLEMENT LESS SALVAGE
5.5791,000
n e t SALES NET SAVINGS b e f o r e TAXES NET AFTER TAXES
6-YEAR AVG,
(Cl / i 3
CUM.AUTHORIZATION
% ROl (ON TOTAL INVEST.)
TOTAL- CHARGE RESERVE
4,579
PAYOUT YRS,
DESCRIPTION AND REASONS REQUIRED
Funds of -------------------- --- ------------------ -------------- ----------- -------------------------------------$6611 are requested to purchase a 1980 Chevrolet Malibu station wagon for the Chicago Plant's transportation requirements.
Description Chevrolet Station Uapon
Acq_._ Cost
Accr^ Date 6/76
Pisnosition To.P't1 sold
OC-5206 11/24/80 Page 2 of 6
Description and Reasons Required
Funds of ---------------------------------;----------------------------------------------------- :---------- --------$7611 are requested for the purchase of a 1980 Chevrolet Malibu station wagon to be utilized for all the Chicago Plant's transportation requirements.
Present Situation
.
'
The only company vehicle at this location, a 1976 Chevrolet Malibu station wagon has been driven 81,000 miles and is, in need of exten sive maintenance and new tires.
Justification
The vehicle to be replaced, the only one at the Chicago Plant, is used for all transportation needs which include:
A. All medical requirements for the 30 plant employees at, the Falk Clinic located eight miles from the plant. \
B. Pick up of maintenance materials from supply houses 3 to 7 times a week. One way distances range from four to twenty miles.
C. Banking and postal requirements
D. Company authorized business meetings.
E. Pick-up and transports of plant visitors to and from the airport and/or motels.
Use of personal vehicles at a mileage allowance of 17t/mile would cost $2000/year and be inconvenient to the employees involved.
Mr. C.P. Woehrle, corporate transportation, has developed the data for purchase or lease from Z Frank Chevrolet of Chicago.
loaj
CYWZ 24-0006063
<c. i'A
ivr1 x>
OC-5206 11/24/80 Page 3 of 6
Details pf Proposal
Purchase one Chevrolet Malibu station wagon equipped with:
Automatic transmission Power steering . Power brakes Tinted windows AM Radio ' Air conditioning Radial tires Side view mirrors
,
Present company station wagon will be sold separately. $1,000.
Alternatives Considered
A. Continued use of the existing vehicle - the car in
service is no longer reliable and the plant must have
transportation available at all times. Maintenance
cost will be high,
'
B. Lease rather than purchase - economics favor purchase.
Risks No operating risks are involved.
Concise Summary
This is a replacement of a physically exhausted company station wagon.
CYWI 24-0006064
0\0
co I
O
pm
</>
0 o\o
o
G
H
G
G H Cn G </> G
2
in CD
rH
c0 CO
w
cm
CO CM
cm n
o
O
n
oo co
in r- 00
in CN v >w ' H
CNr--J
r--J
CM ' ' r^ CN to
o . CN ro
i--l <T\ rH
ro CO
CN w
Ch >.
CN V
CN CN iH
00 CN ID r-* in Ch Os
wV in VD ro
AO O in
CN 00
. *.
' k*
co r*-
CN
rH
k
LO
0C-5206 11/24/80 Page 4 of 6
T his o rd e r supports a p la n t budget fo r lead s ta b iliz e rs as fo llo w s :
' .--- - . '* CO
XX XX
\ CO-
---
. .:
CTl
I"
Ol
rH
W
'G a;
N -H i--! *H rj
G -P
03
r*H rH
1,3
i--E
G G -P
U
o CO
rH
CO
U Q)
N -H
i--1
X) '
CCS 4J 0)
rH -
i--1
ro
*P Q)
tF> TO 3
m
rH
G
G
(U
P G G G
d1
i a)
<13
G
JG .
-P
P to co GG -iH 03
MH n
H
i--I i--1 G "H G ) PG U -P
<01
CYWX 24-0005065
ECONOMIC' JUSTIFICATION
PURCHASE VERSUS LEASE AUTOMOBILE
OC-52-06_____ 11/24/80 Page 5 of 6
n cd sj m ^1
vO o --1 O vD CM i--!
o 04 CC o^
rH V
I
rH 1 01 i
J-s G G <t .
>*
f^. r-v O ;r rH
O t"- mt C4 o CO CO o> OV
r f-i
1 CO CO c\
f I.
O rO vC CM o <r 'd- 04 CO LO vo Sf rH
g r-. 0 \ o rH
--S. Oo oo VO vC eg vo CO 04 co vo
rH w ,
So JVD jvO i
--s
rH C rH j
m VD
H f i
vy V-/
CO O m
o ole m vc cv in c m rH cc Jo in CM jeo rH
v--'
m CM m rH 'w*
**N m O'.! CM rH mc
l rH
CO O CC . o CM CM VO
in CO m rH 'r n rH CM rH
v--^
VC
rH FV
.
rH v-/
CD O in m
r> rH
CO o|cn C*
m c m Jr***. cr ,
cn p>
CO
:i--1 *
mr>
CM cn rH
V/
|Cv lee jm jrH
C4 cn co re in arH rH
u og c m
CO O'.
oVD
/-N CO m
04 CM
CM
o r
in .
cn V_^
rH *
/^N C4 eg mr. rH
CC C`> ' cv VC
c mr\[i r-* CM |
CC c: no: <jo vL: vo cc VD r"- cn vo
^r
eg |Vc_nf rH
!<r cc I VD
" rH
/H !<? rn CO m VO <T
j rH CM
/^v
vO o vo cc
CO o cn- VD
mT r~- rH O
> p
rH
CM v-/
rH
CC . vo o.
*> . .rH V--"
VD CO OC VO MJ-CO
,,1
H
rs
cr. Cio o
m on co
CD (V
r-m -V
r^. r
CM (CO rH N-/
<c ,rC-A
GO G
>*.
rH CO
' -d*
rH VC 0*1 rH ' Mj- CM
a, d" C " vo CC CM r~
1 e'>
..
\G IrH ;Ov
(vC v./
'.
CU. IC4 i
-\
O'.! mi r-
<r| CO
! 1
ei
4J CCoJO
G 4-1
CO 0G4
G
W.
4J
cd o
H >
4-1
5
3 0)
r< <!
OH
a;
co
PpGoy
cd
H
G
iO
. *rH AJ 4J
X
co cd O *H
cd o o
H
. rH
Qi->t
CO cd p4 OJ G 0) rH G O cd G CO <
>-l
o
4-i
G)
W 4) O
U 4- m
Ga
CO o
X
Ga G
<D H -H rH
G G CO
H 4J co o QJ
r*C H
Vg
aG
W
G . X 4J
O G H
H G CO
4-1
iJ
EH o u
G G^ D H H O
G rH G a rH
G a G -.' G > G pH
H6J
4-
U-j
CO G
> vC-/
M CX ^
CO
O >
G M
< G G CO
4J
G
r^A
u . to G Cl G
M 'G
Go
U
>W
P-i rH X CO 4J
1.
G GGG C/0 Eh hJ G3
K 4J
G iH
E-4 03
G
G J-i
U CJ
O CO
4M W G
G GX
GO
P2 -u
Lo-t
LO
H JJ
G H
G CO
G
GQ XGG
G u G 4J
rH G
H 4J iw
G 4J rH
CO <
4-1 G G CO G G( G H 4-J CO > 4-J
CO G G O o C G
GiP-'J H Cl M
G
h4
X G H CO CO G rH 4-J fo ts CO D O o rH rH u G Ch G r~! CO G CO . G- fcO G rG G O CJ >
U rH HI
G GG C CO ^
*> o rH Ph
I--* *co G CJ
rH G *H 4-1 G G
G u-i
U-l
*H P
c y w i 24-oooeose
JJEAPY-
DISCT?
15:28EST
11/14/80
NAME OF DATA FILE ( OR ! NONE.')?NONE
DATA TYPE' (OR 1 END1)?EY
''
DATA?-7395,2147,2453,1933,1619,503
DATA TYPE (OR 1 END1)?END
DISCT? SUPPLIED & SUPPORTED
'
BY GE MANAGEMENT EDUCATION
UROTONVILLE,NEW YORK."..... ' ' ........ .......~.......
LIST DSSL:DISCTI FOR INFO OR HELP
DURING YR END OF YR
YEAR - CASH FLOW CASH FLOW
0
0.0
-7395.0
1 ......... .0.; 0---------------2147.0
2
0.0
2453.0
3 0.0....... / 1933-0
4
0.0
1619.0
_5
0.0
503.0
TOTAL CASH FLOW
-7395.0 " 2147. 0 ~
2453.0 . 1933.0'
1619.0 503.0
CUMULATIV
CASH FLOW
....... .
-7395.0
-5248rO-- ~ ~
-2795.0
-862.0 ... - .
757.0
1260.0;
OERO-INTEREST'BREAK-EVEN POINT: --3.53 YEARS------~ FIRST CASH FLOW IS AT THE END OF YR 0
--------
EFFECTIVE DCRR: 6.56% (NOMINAL RATE: 6.35%)
ADDITIONAL INPUT DATA (YES,NO)?NO
3SED BYE
6.70 UNITS - - --
00007.25 CRU
0000.04 TCH
OFF AT 15:29EST 11/14/80
v- 0001.17 KC .
005206 11/24/80 Page 6 of 6
) -'-<P')>--I
CYWX 24-00a06T