Type of Document Master's Thesis Author Garrahan, Thomas Booth URN etd-11152013-040256 Title The market potential and economic feasibility of a wooden pallet bin leasing system Degree Master of Science Department Accounting and Information Systems Advisory Committee
Advisor Name Title Steven A. Sinclair Committee Chair Paul F. Anderson Committee Member Walter B. Wallin Committee Member Keywords
- Lease and rental services
Date of Defense 1985-06-05 Availability restricted Abstract
The concept of a bin leasing system represents an effort to use bins more extensively. In a leasing system one inventory of bins would be used by two or more annual users. System benefits would be lower per—use costs for the user and the opportunity for the lessor to make a profit.
In order to establish a working data base of information, a mailed questionnaire was sent to 333 fruit and vegetable processors. The response rate on the survey was 45%.
A typical bin is built of hardwood lumber, lasts about seven years, and costs an average of $36.53. Seventy—eight percent of the owners considered bin repair‘a problem, 85% thought bin transport was expensive, 96.5% agreed that bins were a significant investment. Overall, 66% considered bin leasing a viable option to ownership.
Eastern North Carolina was chosen as the most promising leasing system location. The system will cater to cucumber/pepper processors and sweet potato packers. The method chosen to establish the system is to contract with one or more large companies to supply, on a lease basis, the required replacement bins for future years.
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