Wednesday, January 29, 2020
Meaning of Life and Success Essay Example for Free
Meaning of Life and Success Essay The most important thing in my life is thought to be happiness. In order to achieve success you must adjust to very situation with ease. Success is it the process of doing a task and receiving a positive result, or is it simply achieving oneââ¬â¢s own personal goals. According to The American Heritage dictionary success is, ââ¬Å"the achievement of something desired, planned, or attemptâ⬠. The word success itself means to achieve your goal or get the point that you looking for. Some people success meant to them to be rich or to finish school and work high pay jobs. But for me success means more than that. Success means to me have peace and love; also to get married and to enter heaven after this life is over. To be sure, everybody who has peace and love is a successful succeeding person. Without peace and love there is no success. You wake up in the morning and you donââ¬â¢t worry about anything that day; that is success for me, because the life is short, you donââ¬â¢t have to be concerned about anything. Also if you have a family that loves you and is always happy for what you are doing, that is success. In addition, if you take care of your old parents and they love you and they live a happy life, which is success for me. Additionally, success is also something that is viewed differently in the eyes of everyone. This is because success means doing what I have always wanted do being where I have always wanted to be. My goal in life is to eventually get married to a good wife and have many happy children and if I accomplished that, then I could view myself as having success. Lastly, meaning of success for me is to enter the heaven after this life is over. We know that life in this world is too short, and we donââ¬â¢t know when we are going to die and what we are going to get after this life. That is a simple answer; do good deeds in this world and you are going to be successful in the life hereafter. That means you enter the heaven for sure and that is big reward from God to his mankind. There is no dying after this life; that means if you donââ¬â¢t enter the heaven you will be the loser and who ever go in the heaven will be the winner. In conclusion, I still agree with the idea I presented: however according to the dictionary and many other resources, success means to them achievement. But according to my own opinion success means to believe the ones of God, and to have peace and love in your whole life, and to get in heaven the life hereafter.
Tuesday, January 21, 2020
Urban Myths Essay example -- Rumors Myths Lies Essays Papers
Urban Myths It can all start with an e-mail or a couple of phone calls, and it can escalate into a possible international rumor or myth. According to About.com an urban myth is a ââ¬Å"term used to describe an apocryphal ââ¬â and actually false ââ¬â story that plays on a general assumption or feeling shared by many, usually of fear or distrust, and that usually claims to expose a public danger (1). Urban myths usually push the lines of believability, and when one really tries to piece the story together and figure out the origin, he finds that it definitely does not prove to be true. They also appear to come with an endorsement like the FCC, the police department, the FBI, or even a newspaper. Urban food myths are no different from any other urban myths. They all start with lies about some sort of food or food company. The people who start these myths are either trying to make a bad reputation for the company or food, trying to scare people, or even trying to get a good laugh out of someone. For example, an urban food myth began to circulate about Kentucky Fried Chicken when they changed their name to KFC in 1991 because the FDA ordered them to change it because they were not using real chicken for their products (Emery 1). Supposedly the fast food chain had engineered a more efficient way to manufacture their chicken by growing it without heads, beaks, and feathers. The chickens would then be hooked up to mechanical tubes and be fed the exact ration of food that would make them grow the most and best meat. According to the myth, the FDA forced Kentucky Fried Chicken to change their name to KFC because the chickens they served were really not chickens at all because they were headless (Weise 1). They sup... ...05 http://urbanlegends.about.com/library/weekly/aa030701a.htm Rosenblum, Larry. ââ¬Å" The Indian on the Tootsie Roll Pop.â⬠Road Trip America. 2005. Road Trip America. 3 April 2005 http://urbanlegends.about.com/gi/dynamic/offsite.htm?site= http://www.roadtripamerica.com/mttul/indian.htm Chandler, Diana Lyn. ââ¬Å" Urban Myths Melted.â⬠The Equinox. 25 September 2003. Keene State College. 4 April 2005 http://www.keeneequinox.com/news/2003/09/25/Features /Urban.Myths.Melted-474861.shtml Mikkelson, Barbara. ââ¬Å"The Death of little Mikey.â⬠Urban legends reference page. 22 Jan 2005. 3 April 2005 http://www.snopes.com/horrors/freakish/poprocks.htm Mikkelson, Barbara. ââ¬Å"Indian Giver.â⬠Urban legends reference page. 31 December 1998. 3 April 2005 http://www.snopes.com/business/redeem/tootsie.asp
Monday, January 13, 2020
Internet Addicition Essay
Much evidence has been alleged that social pathologies are beginning to surface in cyberspace (i.e., internet addictions). A lot of controversy is surrounding the question, is there proof that the internet is being abused and misused by individuals on an everyday basis and should we consider this to be a major mental health problem? Key Arguments: * Why do people have attachment insecurity and dissociation with their lives to make them choose to be disorganized, and allow a fantasy world to take over resulting in problematic internet abuse. * How information and communication technologies changing our way of interacting with reality. * What are the psychological symptoms involving disturbed relationships with technologies emerging, how some are more affected than others. * How different forms of related dependence behaviours, such as an addiction to social networking, cybersex, online gambling, or web-based role-playing games are affecting our need to be on the internet. * How some games reward ââ¬Å"achievementsâ⬠and ââ¬Å"goalsâ⬠making the cyber game goals more important of that than reality goals. * Does social media, such as Facebook, Twitter, Myspace and other forms of cyber communication have detrimental effects related to internet addiction. * Internet Gambling, main reasons for internet addiction, however not just costing their health but impacting finances and crippling family relationships. Critical Analysis Article 1: Reference (2) Researchers have begun to examine the personal and social consequences associated with excessive online involvement. The present study examined college studentsââ¬â¢ problematic Internet use (PIU) behaviors Its specific aim was to investigate the links between PIU with both internalizing (depression, social anxiety) and externalizing (substance use and other risky behaviors) problems. Article 2: Reference (4) There are many psychological factors surrounding the present issue of internet addiction, using evidence such as Social Networking Sites (SNS)e.g., facebook , twitter etc, Massive Multiplayer Online games and Internet Gambling as my three key topics. The aim is to provide a clear and concise method about how individuals who consistently spend their time on the internet are having detrimental effects on their physical, social and psychological life. Article 3: Reference (5) There is an increasing need for the provision of both internet addiction prevention and care for any sufferers, psychologist should be weary of the dangers of internet abuse when youth present with anti-social, aggressive behaviours. Socialization in girls may be warped towards online contact and the user may beneï ¬ t from providing alternatives. The aim is to focus on internet-related addictive behaviours and how to include the use of suitable diagnostic tools, a detailed personal interview, a mental health status examination and information regarding the overt behaviours gathered by the surroundings. I want to engage the reader to believe that internet addiction is a real mental health issue, that effects youth all the way to late adolescent, whether it be an addiction though games, gambling, social media etc, there is evidence to say that individuals influenced by this addiction are not progressing in life, because excess use of a cyber world has become a major part of their li ves or taken over their lives. Structure: ââ¬â Evidence addiction in Video Games (Kuss, Daria J; Griffiths, Mark D. Studies): Main conclusions stemming from this source ââ¬â Psychological Evidence to Addiction (Griffiths, M Study & Gencer, S L & Koc, M Study): Main conclusions stemming from this source ââ¬â Evidence addiction to Social Networking Systems (Kittinger, R., Correia, C J., & Irons J G Article): Main conclusions stemming from this source References Bozkurt, H; Coskun, M; Ayaydin, H; Adak, I; Zoroglu, S S (2013). Prevalence and patterns of psychiatric disorders in referred adolescents with Internet addiction. Psychiatry and Clinical Neurosciences. 67(5), pp. 352-359. De, L., & Josepth, A. (2013). Problematic Internet Use and Other Risky Behaviours in College Students: An Applicationof Problem-Behaviour Theory. Psychology of Addictive Behaviors, 27(1), pp. 133-141. DOI: 10.1037/a0030823. Gencer, S L & Koc, M. (2012) Internet abuse among teenagers and Its relations to internet usage patterns and demographics. Journal of Educational Technology & Society. 15(2), pp. 25-36. Griffiths, M. (2010). Internet abuse and Internet addiction in the workplace. Journal of Workplace Learning, 22(7), 2010, pp. 463-472. Kittinger, R., Correia, C J., & Irons J G (2012) Relationship Between Facebook Use and Problematic Internet Use Among College Student. Cyberpsychology, Behavior, and Social Networking. 15(6), pp. 324-327. Kuss, D J; Griffiths, M D. , Internet video game addiction: A systematic review of empirical research in the literature. Revue Adolescence. 30(1), 2012, pp. 17-49.
Sunday, January 5, 2020
Organizational Behavior - 1885 Words
INTERNATIONAL JOURNAL OF MANAGEMENT, BUSINESS, AND ADMINISTRATION VOLUME 15, NUMBER 1, 2011 Expectancy Theory of Motivation: Motivating by Altering Expectations Fred C. Lunenburg Sam Houston State University ________________________________________________________________________ ABSTRACT Vroomââ¬â¢s expectancy theory differs from the content theories of Maslow, Alderfer, Herzberg, and McClelland in that Vroomââ¬â¢s expectancy theory does not provide specific suggestions on what motivates organization members. Instead, Vroomââ¬â¢s theory provides a process of cognitive variables that reflects individual differences in work motivation. From a management standpoint, the expectancy theory has some important implications for motivatingâ⬠¦show more contentâ⬠¦If there is no perceived relationship between a good performance rating and a salary increase, then the instrumentality is 0. FRED C. LUNENBURG _____________________________________________________________________________________3 Valence Valence is the strength of an employeeââ¬â¢s preference for a particular reward. Thus, salary increases, promotion, peer acceptance, recognition by supervisors, or any other reward might have more or less value to individual employees. Unlike expectancy and instrumentality, valences can be either positive or negative. If an employee has a strong preference for attaining a reward, valence is positive. At the other extreme, valence is negative. And if an employee is indifferent to a reward, valence is 0. The total range is from -1 to +1. Theoretically, a reward has a valence because it is related to an employeeââ¬â¢s needs. Valence, then, provides a link to the need theories of motivation (Alderfer, Herzberg, Maslow, and McClelland). Vroom suggests that motivation, expectancy, instrumentality, and valence are related to one another by the equation Motivation = Expectancy x Instrumentality x Valence. The multiplier effect in the equation is significant. It means that higher levels of motivation will result when expectancy, instrumentality, and valence are all high than when they are all low. The multiplier assumptionShow MoreRelatedOrganizational Citizenship Behavior4841 Words à |à 20 PagesTable of contents: Page # 1. Literature Review 1 1.1. What are Organizational Citizenship Behaviors (OCBs) 1 1.2. OCB and its link with Organization 3 1.3. How OCBââ¬â¢s are exhibited by employees 4 1.4. Importance of OCB 5 1.5. Effect of OCB on employees 6 2. Introduction to Organization 6 2.1. Allied Bank Limited 7 2.2. Meezan Bank Limited 7 2.3. First Womenââ¬â¢s Bank 7 2.4. MCB 7 3. Findings and resultsRead MoreOrganizational Behavior1284 Words à |à 6 PagesBachelor of Business Administration (Hons) Course Title : Organizational Behavior Course Code : BUS 250 Year of Study : 2 Number of Credits : 3 credits Duration in Weeks : 12 weeks Contact Hours Per Week : 3 hours Pre-requisite Course(s) : BUS 120 Principles and Practice of Management Course Aims The course provides students with a conceptual and a pragmatic approach to understand the employeesââ¬â¢ behavior in the organization. This course equips students with the knowledgeRead MoreOrganizational Behavior1387 Words à |à 6 PagesOrganizational Behavior Michael J. Bonnie CJA444 June 5, 2014 Eddie Gordon Organizational Behavior Organizational behavior is the study of how employeeââ¬â¢s behavior interacts within an agencyââ¬â¢s work environment. It includes many subjects which include sociology, communication, psychology, and management. Its primary purpose is to review and report in the ever expanding study in criminal justice organizational behavior areas in the workforce. This discussion focuses on the forces of change andRead MoreEssay Organizational Behavior1057 Words à |à 5 PagesOrganizational Behavior Organizational behavior: Organizational behavior refers to the attitudes and behavior of the individuals in the organization. Organizational behavior is a inter-disciplinary field of study that draws from many of the behavioral sciences. The goal of organizational behavior is to apply the concepts from the other behavioral sciences to pressing problems that management may be facing, as well as applying organizational behavior to the administrative theory and practicesRead MoreOrganizational Behavior And Human Behavior1217 Words à |à 5 PagesOrganizational behavior studies the impact of groups, individuals, and structures have on the personal human behavior within many organizations. There is many different definitions of organizational behavior, but they are all relatively the same in all cases. ââ¬Å"Organizational behavior studies organizations from multiple viewpoints, including behavior within the organization and in relation to other organizations (Boundless.com).â⬠This is not just the study o n one organization, but the study withinRead MoreOrganizational Behavior : Organization Behavior2093 Words à |à 9 PagesIntroduction Organization behavior is the study and application of information regarding how an individual or group of people within an organization behaves. According to John Schermerhorn author of the book Organizational Behavior Twelfth Edition, organizational behavior is the key characteristic used to maintain and enhance interaction levels amongst employees within a company (Schermerhorn, 2011). There are additional characteristics such as leadership, openness to confer in relation to issuesRead MoreOrganizational Behavior And Organizational Behaviour1644 Words à |à 7 PagesThe above drawn figure shows about organisational behaviour. It highlights the bonding among human behaviour in organizational settings, the individual - organization interface, the organization, the environment surrounding the organization. In an organization each and every individual brings its own experience, managerial and effective skills. Classical Organizational theory:- Popovich (2010) said that in this theory, the concentration mainly goes in how an organization can be structured inRead MoreOrganizational behavior1577 Words à |à 7 PagesOrganizational Behavior: An Analysis of Helm Fire and Rescue Company Introduction Organizational Behavior is referred to as the study of individuals and their relative behavior subject to the existing organizational environment. The concept applies in a diverse workplace setting in different ways and had diverse impacts to the organization. Organizational behavior field includes communication, sociology, psychology, and management. The concept is subject to both internal and external factors affectingRead MoreOrganizational Behavior5621 Words à |à 23 PagesChapter 1 - The Field of Organizational Behavior Multiple Choice Questions 1. Pharmacia is an example of a company that: a. experienced culture clashes as a result of a merger. b. ignored technological advances to its harm. c. is a great employer in terms of human resources, but an unprofitable company. d. focused on balance sheets rather than human resources. Answer a Page 2 2. _____ is a structured social system consisting of groups and individuals working together toRead MoreOrganizational Behavior And Organisational Behavior2512 Words à |à 11 PagesNowadays with the new millennium speeding towards us and competitive advantage more rapidly than ever, organisational behavior is one of the most direct relevance study for deeper understanding of management context. Indeed, itââ¬â¢s about how people organised and managed at work, which contains the study of leadership, motivation and organisational design to examine human behaviour in relation to various psychological, social and political conditions. The purpose of study this subject from regulatory
Saturday, December 28, 2019
Portable Sawmills - What Should You Buy
Portable sawmill manufacturers are thriving in todays economy. There are nearly 80 brands of mills represented and sold in the United States and Canada. There are over 200 companies producing components and accessories. Do-it-yourself sawmills are attracting more and more people - and people have a real penchant for cutting their own trees or finding salvage trees and sawing lumber from them. The timber owner who wants to saw his or her own lumber for personal use can purchase from a large list of portable mills. Also, people who want to saw commercially, both part time and full time, are buying mills by the thousands. Every potential buyer has a unique set of specifications that will determine how much of a mill is needed and what type of a mill should be purchased. These specs influence both the price, the accessories, and design of the sawmill. Daily users need a different mill than a person sawing part-time or in his private forest. A mill that provides an income should be of a different quality with different specifications than a weekend mill used to saw personal lumber. Sawmilling is physically demanding and the right machine should be purchased that will give some advantage to the inevitable stress and strain on the machine and the user. We have compiled a list of helpful sites including sawmill dealers, service companies and much more.à So what should you look for in a mill? What Will You Cut? You always should determine the log size and product you want to cut before selecting a mill! A mismatch of mill to log and/or products can cause you much aggravation and can wind up costing you money and wasted raw material. The log diameter and length of the average tree you intend to use should determine the size of mill you purchase. A mill designed for large logs just may not handle small logs the way you want. The expense of a larger mill may be more than you need to pay. On the other hand, a mill too small can be easily damaged by large logs and will waste both your time and valuable wood. Mismatched mills can also be very dangerous. The products and tree species that you want to cut also need to be considered when choosing a sawmill. The importance of the amount of wood lost to sawdust (kerf) increases with the value of the wood you intend to cut. Chainsaw mills generally have a kerf of about .40 inches; circular sawmills have a kerf that ranges from .20 to .30 inches; bandmills have the smallest kerf of between .06 to.12 inches. Size of Operation Total mill production should be a major determining factor for the kind of sawmill you purchase. A hobby sawyer does not need a mill that is capable of producing 20,000 board feet per day, seven days a week. An income producing mill has to have production capacity capability as well as durability. In most cases, you would use a circular saw rig for production efficiency. Band mills are kerf (loss of wood to sawdust with each pass) efficient and cut out as much as 20% more wood than circular saws. However, all but the most expensive band mills are slow producers and should be avoided if production is important. You have to remember that the price you pay for a mill is in direct proportion to the production of the mill. Most portable sawmill manufacturers are quite frank about the production realities of their mills. Some manufacturers will give you the names of some of their customers for you to talk with. You definitely need to talk to other users! Generally, the less expensive the mill, the lower the production. New portable sawmills range in price from less than $4,000.00 to over $80,000.00 depending on the amount of production you need. Hydraulics Hydraulics make sawing easier and faster. Thats a simple fact. But they can add thousands of dollars to the cost of a sawmill. To some people, hydraulics are absolutely necessary because they minimize log handling time which increases production and they also take the back-breaking work out of sawing. Hydraulics can reduce manual labor, the need for extra equipment, and maybe even money. It comes down to buying a mill with hydraulic loading arms as compared to running a front-end loader; employing hydraulic turners vs. using cant hooks; Running hydraulic or motorized feed-works vs. manually pushing the saw. The degree of mechanization is a major issue when sizing up a mill. Accessories Most portable sawmills come with some accessories. However, you will be tempted with the trailer package, with extra bands or bits and shanks, with sharpening systems, with a sawyers seat - you get the picture. These accessories can add major costs to the sawmill. Many times they are necessary but sometimes they are not, depending on your type of operation. An automatic sharpener/setter system for band blades normally costs a couple of thousand dollars. Some sawyers find that sharpening their own blades is the most cost-effective way to operate; some send their blades to a sharpening service (roughly $6.00-$8.00 per blade including shipping costs); some people simply dispose of their blades after 4 or 5 hours of usage. Your production requirements will determine which of the three options is the best for you. Buying a Band Mill Band mills are very popular and lead in portable mill sales. Here is whatà Sawmill Exchangeà suggests are the choices and price ranges on popular band mills: Manual:à The least expensive. They have no labor-saving hydraulic features which increaseà the amount of work you must do. New models with a trailer package generally cost between $4,000.00 and $9,000.00.Power Feed:à The blade is mechanically powered into the cut, but you must load and turn the logs manually. New models with a trailer package generally cost between $9,000.00 to $14,000.00Fully Hydraulic:à This category of portable sawmills features the most labor-saving devices that minimize the workload and maximize production. The more expensive models normally have larger power units and other accessories designed for higher daily production. New models with a trailer package generally cost between $16,000.00 and $32,000.00.High Production:à These mills are designed for professionals and normally require a higher level of expertise. They offer specialized features designed for higher production sawing, such as high-powered engines, wider bands, and more productive log an d lumber handling equipment. New models with a trailer package generally cost between $35,000.00 to over $100,000.00.
Thursday, December 19, 2019
Book Review - Fighting Invisible Tigers Essay - 1289 Words
Class - FYBA Subject- Psychology Semester- I Topic- Book Review Name of the Book - Fighting Invisible Tigers: A Stress Management Guide for Teens INDEX 1. Acknowledgement 2. Book Review 3. References ACKNOWLEDGEMENT I would like to thank my Psychology Professor, Ms. Rohina, for giving me the opportunity of doing a project which has inculcated a sense of Stress Management in me. Also I would like to extend my gratitude to my English Literature Professor, Ms. Kavita, for teaching me the skill of writing a Book Review. Book Review of Fighting Invisible Tigers: A Stress Management Guide for Teensâ⬠¦show more contentâ⬠¦The third and final part of this book in the largest and, in my opinion, the most practical. It mixes up breathing exercises with the importance of laughter and discusses relationships. The title for this part is Life Skills and tells you what methods to use in the real world for dealing with stress. A large part discusses relationships and helps you rate your relationships with your friends on a scale. There are many quizzes to let you know if you are affected with stress or if you are a perfectionist. If youre a teen, or a preteen, youve probably felt at some point in your life that what with school, family, friends, health and trying to find some time to have fun, life is just too overwhelming, and you need some sort of instant cure. Well, thats what guides to life like Fighting Invisible Tigers, by Earl Hipp, are for! While there is no instant cure for stress, there are man y books which can help you to get your life under control, and Fighting Invisible Tigers is at the top of the list. This book has a great approachable voice that really breaks things down into teen-friendly language and concepts. It is very straightforward and really tries to reach young people where theyre at, using pretty relevant examples. It describes and defines things in terms they can understand. It talks about a variety of relevant Teen issues: school, peer pressure, life choices, etc.Show MoreRelatedLiterary Criticism : The Free Encyclopedia 7351 Words à |à 30 PagesAdventures of Huckleberry Finn, by Mark Twain (1884) Pharaoh, by BolesÃ
âaw Prus (1895) What Maisie Knew, by Henry James (1897)[23] 20th century[edit] The Confusions of Young Tà ¶rless, by Robert Musil (1906) Martin Eden, by Jack London (1909)[24] The Book of Khalid, by Ameen Rihani (1911)[25] Le Grand Meaulnes, by Alain-Fournier (1913) Sons and Lovers, by D. H. Lawrence (1913)[26] Of Human Bondage, by W. Somerset Maugham (1915) A Portrait of the Artist as a Young Man, by James Joyce (1916)[27] Demian:Read MoreConfucianism in Journey to the West31834 Words à |à 128 Pagesthe storyââ¬â¢s most celebrated version, later published as the novel Journey to the West, also known as Xiyouji (è ¥ ¿Ã¦ ¸ ¸Ã¨ ® °).[1] Over the last few decades numerous television adaptations of Wu Chengââ¬â¢enââ¬â¢s novel appeared on-screen, one of which this thesis will review: the 1986 television series Journey to the West, directed by Yang Jie (æ ¨Ã¦ ´ ). This series is the novels most successful and most popular television adaptation up until today, and there are still Chinese television channels that show daily reruns ofRead MoreLogical Reasoning189930 Words à |à 760 PagesDowden This book Logical Reasoning by Bradley H. Dowden is licensed under a Creative Commons AttributionNonCommercial-NoDerivs 3.0 Unported License. That is, you are free to share, copy, distribute, store, and transmit all or any part of the work under the following conditions: (1) Attribution You must attribute the work in the manner specified by the author, namely by citing his name, the book title, and the relevant page numbers (but not in any way that suggests that the book Logical ReasoningRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words à |à 656 PagesJayawardena, ââ¬Å"Migration and Social Change: A Survey of Indian Communities Overseas,â⬠Geographical Review 58, no. 3 (1968): 426ââ¬â449; Amarjit Kaur, ââ¬Å"Indian Labour, Labour Standards, and Workersââ¬â¢ Health in Burma and Malaya, 1900ââ¬â 1940,â⬠Modern Asian Studies 40, no. 2 (2006): 425ââ¬â475; Dudley L. Poston Jr. and Mei-YuYu, ââ¬Å"The Distribution of the Overseas Chinese in the Contemporary World,â⬠International Migration Review 24, no. 3 (1990): 480ââ¬â508; and various other sources. Aà majority of Asians also movedRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words à |à 1573 PagesOne Lake Street, Upper Saddle River, New Jersey 07458, or you may fax your request to 201-236-3290. Many of the designations by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book, and the publisher was aware of a trademark claim, the designations have been printed in initial caps or all caps. Library of Congress Cataloging-in-Publication Data Robbins, Stephen P. Organizational behavior / Stephen P. Robbins, Timothy A. JudgeRead MoreManagement Course: MbaâËâ10 General Management215330 Words à |à 862 PagesOrganizations, Seventh Edition Cohen Harvard Business Review Finance Articles The Power of Management Capital FeigenbaumâËâFeigenbaum International Management, Sixth Edition HodgettsâËâLuthansâËâDoh Contemporary Management, Fourth Edition JonesâËâGeorge Driving Shareholder Value MorinâËâJarrell Leadership, Fifth Edition HughesâËâGinnettâËâCurphy The Art of M A: Merger/Acquisitions/Buyout Guide, Third Edition ReedâËâLajoux and others . . . This book was printed on recycled paper. Management http://wwwRead MoreInnovators Dna84615 Words à |à 339 Pagesdisruptive innovation. ââ¬Å"Businesses worldwide have been guided and in uenced by e Innovatorââ¬â¢s Dilemma and e Innovatorââ¬â¢s Solution. Now e Innovatorââ¬â¢s DNA shows where it all starts. is book gives you the fundamental building blocks for becoming more innovative and changing the world. One of the most important books to come out this year, and one that will remain pivotal reading for years to come.â⬠Chairman and CEO, salesforce.com; author, Behind the Cloud ââ¬Å" e Innovatorââ¬â¢s DNA is the ââ¬Ëhow toââ¬â¢Read MoreStrategic Marketing Management337596 Words à |à 1351 PagesStrategic Marketing Management Dedication This book is dedicated to the authorsââ¬â¢ wives ââ¬â Gillian and Rosie ââ¬â and to Ben Gilligan for their support while it was being written. Acknowledgements Our thanks go to Janice Nunn for all the effort that she put in to the preparation of the manuscript. Strategic Marketing Management Planning, implementation and control Third edition Richard M.S. Wilson Emeritus Professor of Business Administration The Business School Loughborough University Read MoreProject Managment Case Studies214937 Words à |à 860 PagesPROJECT MANAGEMENT CASE STUDIES, SECOND EDITION - PROJECT MANAGEMENT CASE STUDIES, SECOND EDITION HAROLD KERZNER, Ph.D. Division of Business Administration Baldwin-Wallace College Berea, Ohio John Wiley Sons, Inc. This book is printed on acid-free paper. @ Copyright O 2006 by John Wiley Sons, Inc. All rights reserved. Published by John Wiley Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada No part of this publication may be reproduced, stored inRead MoreVampire Diaries61771 Words à |à 248 Pagesif those green eyes spoke to some part of her that was buried deep beneath the surfaceââ¬âand that part was screaming danger at her. Some instinct older than civilization was telling her to run, to flee. She didnt move. Dont miss these exciting books from HarperPaperbacks! THE VAMPIRE DIARIES: A TRILOGY L. J. Smith Volume I The Awakening Volume II The Struggle Volume III The Fury HORROR HIGH Nicholas Adams Mr. Popularity Resolved: Youre Dead Heartbreaker New Kid on the Block Hard Rock
Wednesday, December 11, 2019
Linear Model For Emporium Coffee â⬠Click to get free solution
Question: Discuss about theLinear Model for Emporium Coffee. Answer: Introduction According to Lucey (1994), the first step is to define the variables so that we can be able to develop the linear model. In order to develop the linear model we are given the following information; The company produces 2 coffee blends; Blend O and blend F Each blend requires an exact number of caffeine units for each 250g Blend O requires 7.5 caffeine units/ 250g Blend F requires 6 caffeine units/ 250g Selling price/250g of blend O is $ 190 Selling price/250g of blend F is $ 165 Production cost/250g of blend O is $ 25 Production cost/250g of blend F is $ 22 Overhead cost/250g of both blends is $ 10 To produce both blends requires 2 varieties of raw coffee beans; Arusha beans and Boyo beans Arusha beans contain 9.5 caffeine units/ 250g Boyo beans contain 5 caffeine units/ 250g Company capacity as inventory is Arusha beans 1,250kg; Boyo beans 3,750 kg The next step is to convert the conditions into symbolic form. We first identify the decision variables thus; Let x = Blend O y = Blend F Express the constraints as a system of inequalities x 0, y 0, where x and y are whole numbers The objective is to maximize the monthly profit thus the objective function is; Maximize 190x + 165y Based on the information above, the linear model can now be expressed as; Maximize 190x + 165y (profit) Subject to: 7.5x + 6y 250 (precision constraint) 25x + 22y 250 (production constraint) 10x + 10y 250 (overhead constraint) x + y 250 (Arusha beans constraint) x + y 250 (Boyo beans constraint) x + y 1,250 (Arusha beans inventory constraint) x + y 3,750(Boyo beans inventory constraint) The model works by first designing the Linear programming equation. Since the objective is to maximize profit, the objective function is designed in such a way to achieve optimality given the resources and constraints available. The method used is the simplex method of linear programming and the calculations of optimality are calculated using the solver function of Microsoft excel 2007. The LP model was designed that way to determine the maximum achievable profit given the seven constraints and recommend the best way to utilize the available resources at minimum cost The Solver answer report below shows the maximum Boyo beans required per 250g to produce blend O and F has been achieved. This means that if we were to utilize Boyo beans only, optimum profit is attainable. Table 1: Solver Answer Report The answer report also had non-binding variables which indicates there is a difference between the LHS and RHS. The slack values indicated that there were some unused resources at optimal solution. For the precision constraint, 37.5g is used for a total of 250g available. Likewise, in the production,overhead, Arusha beans, Arusha beans inventory and Boyo beans inventory constraints they were underutilized by 125,200,4.5, 1245 and 3745 respectively of the maximum allocated. The answer report shows that the optimum value of $ 950. See the table below. Table 2: The LP Model with Optimized Solution Target Cell (Max) Cell Name Original Value Final Value $B$6 Z Blend O (x) 0 950 Optimum value Adjustable Cells Cell Name Original Value Final Value $B$5 Solutions Blend O (x) 0 5 $C$5 Solutions Blend F (y) 0 0 Constraints Cell Name Cell Value Formula Status Slack $B$17 precision constraint LHS 37.5 $B$17=$C$17 Not Binding 212.5 $B$18 production constraint LHS 125 $B$18=$C$18 Not Binding 125 $B$19 overhead constraint LHS 50 $B$19=$C$19 Not Binding 200 $B$20 Arusha beans constraint LHS 5 $B$20=$C$20 Not Binding 4.5 $B$21 Boyo beans constraint LHS 5 $B$21=$C$21 Binding 0 $B$22 Arusha beans inventory constraint LHS 5 $B$22=$C$22 Not Binding 1245 $B$23 Boyo beans inventory constraint LHS 5 $B$23=$C$23 Not Binding 3745 $B$5 Solutions Blend O (x) 5 $B$5=0 Not Binding 5 $C$5 Solutions Blend F (y) 0 $C$5=0 Binding 0 The sensitivity report below includes the adjustable cells and constraints section. In the range of optimality represents the allowable increase and decrease of the original objective coefficient that is, the profit of blend O and blend F. using the constraints of the objective function, blend O can be reduced to $ 165 and no maximum increase limit without affecting the final value. In addition, blend F can be reduced to zero and increased to $ 190 The range of feasibility relates to the constraints available and the same case as in the optimality check. Precision constraint can be reduced by 37.5 with no upper limit, production constraint reduced to 125 with no upper limit, overhead constraint can be reduced to 50 with no upper limit, Arusha beans constraint can be reduced to 4.5with an upper limit of 5; Boyo beans constraint cane be reduced to zero and a maximum of 9.5; Arusha beans inventory constraint can be reduced to 5 with no upper limit and; Boyo beans inventory constraint to a low of 5 with no upper limit. All these adjustments can be done without affecting the final values . Constraints with no upper limits are those that were non-binding in the model and should be handled with caution. The sensitivity report also produced a shadow price. The shadow price means that if we were to increase the value of Boyo beans by one, assuming the range of feasibility of between zero and 9.5,then instead of getting the optimum value (z) of $950 we would get $ 1,140. All the other constraints were not binding since the shadow prices were zero. Therefore, the critical constraint is the Boyo beans constraint. Table 3: Sensitivity Report Adjustable Cells Final Reduced Objective Allowable Allowable Range of Optimality Cell Name Value Cost Coefficient Increase Decrease Lower limit Upper limit $B$5 Solutions Blend O (x) 5 0 190 infinity 25 165 infinity $C$5 Solutions Blend F (y) 0 -25 165 25 infinity 0 190 Constraints Final Shadow Constraint Allowable Allowable Range of feasibility Cell Name Value Price R.H. Side Increase Decrease Lower limit Upper limit $B$17 precision constraint LHS 37.5 0 250 infinity 212.5 37.5 infinity $B$18 production constraint LHS 125 0 250 infinity 125 125 infinity $B$19 overhead constraint LHS 50 0 250 infinity 200 50 infinity $B$20 Arusha beans constraint LHS 5 0 9.5 infinity 4.5 5 infinity $B$21 Boyo beans constraint LHS 5 190 5 4.5 5 0 9.5 Critical constraint $B$22 Arusha beans inventory constraint LHS 5 0 1250 infinity 1245 5 infinity $B$23 Boyo beans inventory constraint LHS 5 0 3750 infinity 3745 5 infinity Conclusion Emporium Coffee produces two blends of coffee, blend O and blend F. The model was designed to illustrate how the company can maximize profits given the constraints of each blend. The LP model found a maximum profit of $ 950 per month while considering the constraints. It can be concluded that Boyo beans are more profitable than Arusha beans given the available constraints. The profit can be maximized to $1,140. It is therefore recommended that Emporium Coffee should consider using only Boyo beans to maximize profit. It is also recommended that the inventory be reduced for both varieties of beans to improve cash flow. References Lucey, T. (1996)Quantitative techniques. United Kingdom: Cengage Learning EMEA.
Subscribe to:
Posts (Atom)