Toy World, Inc. Estimating Funds Requirements - Short-Term Sources of Finances Toy World, Inc. is a fairly healthy toy manufacturing business that is looking at a cross roads in its main operating procedure. Jack McClintock is President and partial owner of Toy World. His new production manager, Dan Hoffman, has been on the job through one business cycle (about one year). This toy business is a seasonal business with most of the sales coming between August and December. Since its inception Toy World has followed a seasonal production schedule to match customer demand. After Hoffmans short time one the job he has become concerned with Toy Worlds method of scheduling production. He has urged McClintock to change methods to a level production schedule (same amount of production hours each month). Hoffmans main arguments are that Toy World could save money at about $225k from overtime premiums during peak production times as well as an additional $265k from a more orderly production process. Hoffman has also conceded that part of the savings would be offset by a......

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