"The joint venture decides to form a manufacturing plant in M'sia in order to take advantage of cost savings and to meet the increased demand for medical ventilators. the financial team or sanichi technology has conducted a study to determine the features of various machineries available in the market suitable to produce the medical ventilators. the financial team has come up with two machines called project WE19 and project MG10 with other supporting details."

explain the appropriate strategies for making long and short-term asset allocation for the joint venture (at least 900 words in paragraph form)

"The joint venture decides to form a manufacturing plant in M'sia in order to take advantage of cost savings and to meet the increased demand for medical ventilators. the financial team or sanichi technology has conducted a study to determine the features of various machineries available in the market suitable to produce the medical ventilators. the financial team has come up with two machines called project WE19 and project MG10 with other supporting details."

explain the appropriate strategies for making long and short-term asset allocation for the joint venture (at least 900 words in paragraph form)