letter
...roduction of more efficiently designed furniture will lead to better efficiency. The executive floor is being redesigned on the same plan. We would like to have your approval for the new plan before we proceed. You can put in your suggestions in the suggestion box by 7th November, 2004. Regards a To, The Board of Directors Subject: Cost, savings and benefits of the proposed open plan office Respected Members of the Board, Recently the management of the company has decided to introduce a new office plan for the head office. The new design will result in around 20% space saving. It will also ensure that once Northern Oil has standardized workstation size and uses fewer walls and more partitions resulting in future reconfiguration costs to go down. It will also facilitate the office to do away with paper and the office can become a paper free office. However we will have to incur higher cost in telecom support, offsetting the profits that the new model will bring in. We have to make a substantial investment into the project. Considering the expected returns from the investment and calculating the NPV of the project the value ...