Wednesday, September 2, 2020

The Hecksher Ohlin Theory Essay Example | Topics and Well Written Essays - 1500 words

The Hecksher Ohlin Theory - Essay Example The Hecksher - Ohlin model created by Eli Hecksher and Bertil Ohlin during the 1920s, investigates the chance of two countries working at a similar degree of productivity, profiting by exchanging with one another. The H-O model joins various reasonable qualities of creation that are kept separate from the straightforward Ricardo's model. Review that in the basic Ricardo's model just one factor of creation, work, is expected to deliver products and enterprises (Krugman, 1997). The profitability of work is expected to fluctuate across nations, which suggests a distinction in innovation between countries. It was the distinction in innovation that propelled worthwhile universal exchange the model (Suranovic, 2003). As indicated by the Hecksher-Ohlin Theory, capital alludes to the physical machines and gear that is utilized underway. Along these lines, machine apparatuses, transports, trucks, forklifts, PCs, places of business, office supplies, and significantly more, is viewed as capital. All gainful capital must be claimed by somebody. In an entrepreneur economy the majority of the physical capital is possessed by people and organizations. In a communist economy profitable capital would be possessed by the administration. ... This model makes the accompanying suspicions: 1. There are no checks to exchange for example no exchange controls, transport costs and so forth. 2. Both ware and factor markets are perfectively serious. 3. There are consistent comes back to scale. 4. Both the nations have a similar innovation and subsequently work at a similar degree of effectiveness. 5. There are two elements of creation - work and capital. Both are totally stable in between nation moves, however completely versatile in between segment moves. As per this hypothesis, there are two sorts of items - work escalated and capital serious. Two nations working at a similar degree of productivity can, and do, advantage from exchange because of the distinctions in their factor gifts. The work rich nation is probably going to deliver work serious merchandise, while the nation wealthy in capital is probably going to create capital-concentrated products. The two nations will at that point exchange I these products and receive the rewards of worldwide exchange. The Hecksher-Ohlin model has additionally got a few downsides. As a matter of first importance, it expect that factor blessings stay steady yet they can be created through development (Jain, 2000). Second, with numerous nations forcing the lowest pay permitted by law laws, factor costs may change to a degree, that a work rich nation may think that its less expensive to import work concentrated merchandise than to create them locally. A business analyst named Wassily Leontief has brought up that, the fares of United States were more work concentrated than capital-escalated regardless of that reality that the United States is a capital-rich nation. It merits underlining here a major differentiation between the Hecksher-Ohlin model and the Ricardian model. While the Ricardian model accept that creation innovations vary

Saturday, August 22, 2020

Supply Chains In The Fmcg Sector Commerce Essay

Flexibly Chains In The Fmcg Sector Commerce Essay The cadbury is the organization which is underway of delectable chocolates the primary and popular results of cadbury will be cadbury dairy milk, cadbury jewels, cadbury 5 star, cadbury Celebrations, Temptations, and Gems. In Milk Food drinks fragment, Cadburys fundamental item Bournvita is the main Malted Food Drink in the nation. Cadbury is one of the greatest confecionary organization on the planet built up in 1783. . The activities of cadbury began in india in the year 1948 for the sake of cadbury india. At beginning time cadbury india was bringing in the chololates and repacked them before the genuine distribustion began to happen. With the popularty and increment sought after now cadbury india claimed its maunfacturing unit in thane, pune (induri), gwalior(malanpur), baddi(himachal pradesh) and banglore.its principle deals office are situated in the new delhi, mumbai, kolkata, and chennai. The corporate workplaces is in mumbai,wheras the cadbury gives 60000 business openings in more than 200 nations including india. Parts of gracefully chain: For making delious cadbury dairy milk and different chocolates the ingridents utilized as follows: The accompanying incredients are utilized in the prepartion of the decious cadbury to make the last result of dairy milk the cadburuy needs the crude material which is appeared in the table. To full fill this fundamental necessity cadbury india takes help of neighborhood merchants. They do agreemnts or contracts on yearly premise and afterward nearby merchants flexibly them this crude materials according to requirements.apart from the cocoa beans which are extermely significant for fragrant preference for the cadbury dairy milk it is imported The unadulterated assortment of the Criollo tree is discovered for the most part in its local Equador and Venezuela. The seeds are of better quality than those of the Forastero assortment. The genuine creation procedure of cadury dairy milk: Collecting: It is imperative to forestall cocoa bean from decaying. To pevent those beans from decaying the organic product is actully opened at a frementation site or at a manor site. Maturation: After the procedure of the gathering the further technique begins with the maturation procedure .it is a definitive in the creation of high caliber of crude cocoa. Drying; Frist hardly any means are extremely significant really taking shape of the delious cadbury.raw cocoa beans conatins heaps of water in .it is essential to expel the all water from the cocoa beans to keep them from spoiling . in the drying procedure, the beans are really dried in the common habitat where the beans actuallydried in the outdoors or a total doused ground. Cleaning: In this procedure cocoa beans goes with the cleaning procedure wherein wood particels, jute filaments , sand and best residue particels are additionally removed. To do this procedure successfully cadbury utilizes the vaccum gear. Simmering: Simmering is the genuine procedure which is intended to created fragrance the cooking procedure is done in the heater which is 10 feet high over the ground level and where the tempreture is set for the 130 degree celius. Squashing and sheeling of beans: Simmered beans are presently broked into medium and little measured pieces according to the prerequisite in the devastating machine. Mixing : It is significant piece of the creation procedure. In this procedure, beans aare gauged and mixed by the extraordinary recipies and necessities. In this procedure the different sorts of cocoa beans which comprise distinctive taste and flavors are combined with one another in required adjusted proportions. Crushing: During the time spent pounding cocoa beans are progrrounded by the hardware which is essentially intended for the this procedure . in the process the cocoa beans are benefited from the rollers where they are ground into a glue which is fine in nature. As a result of the warmth age it leads into the weight a fricition in light of which cocoa margarine is framed which approxmetely half of the bean. Contain bens is liquefy in this procedure which is in thick fluid blend. At that point the cocoa glue is set up with the its regular stong smell , however during the way toward cooling it harsh taste step by step sets down. At this phase of creation, process gets isolated into the two sab parts where as in the first part glue is taken into huge press machine which separate the margarine from it . also, the second part cosists of mixing and refining processe during which some part gets changed over into cocoa powder. Cocoa powder: After the squeezing of the cocoa spread cocoa cakes which are left with the 10%-20%proportion of fat. The extent of fat is relies upon the pressure power. Those cakes are squashed again and with the different stages passses with the assembling dull aromotic chocolate acquired which is commonly utilized in the prepartion of beverages . Moving : This procedure is totally relies upon the structure of the moving plants which are genrally in three or five which are in vertically mounted steel rollers pivot the other way with the overwhelming presuation method the tiney partices of cocoa and sugar down to measure of 30 microns where as 1 micron is equivalent to 1000th piece of a milimeter. Bundling of the cadbury: Cadbury introduced the new hardware of 25 crs which gives them the better packging for all cadbury item. All cadbury chololates item are fixed with theplastic wrapper inside with the foil . they propelled a newely stream bundling framework which gives elevated level of protections from terrible condition and forestalls the nature of the item. Distribustion startegy of cadbury: No of wholesalers: 2100 wholesalers with the agreement of 45000 retailers across india. Retail outlets: shops and supermakets eateries and cafã © films and theaters amusement parks. Introduced coolers and vans : Cadbury introduced a coolers and vans with the it distribustion arrange. This framework helps in the period of the late spring as it assists with forestalling nature of cadbury. Section :2 Distinctive invovled in the gracefully chain of cadbury: All cocoa activity done by cadbury is conveyed in tamil nadu. By and large cadbry india make an agreement with the nearby composers to gracefully them a cocoa for the creation of the all cadbury items. All things utilized in the creation procedure of cadbury are entirely transitory in nature it cannot be put away for longer time not so much as a few days additionally on the off chance that the crude material isn't utilized in time, at that point the item may hae awful and unhealty impacts. Hazard INVOLVED IN SUPPLY CHAIN MANAGEMENT AND METHODS TO OVER COME THEM. In todays dynamic world the fabricated result of an organization faces numerous dangers. Gracefully change the board is a fundamental procedure oversaw by the organization. It includes all the procedure expressing from warehousing of the merchandise till making the item accessible to the last buyer. The hazard in question or the surprising occasions acted to gracefully chain are like follows:- Hazard engaged with material dealing with: treatment of completed products till the time they arrive at the last customer is a basic procedure. Any miss treatment of the item may harm it and will prompt misfortune to the organization. On the off chance that the worker isn't effective in shipping the merchandise starting with one point then onto the next or isn't well prepared or need information in taking care of the item he can make harm the products. Hazard engaged with capacity: when the merchandise are prepared they should be put away in stockrooms till the time the wholesalers can gather them. At the point when the merchandise are put in stockrooms they should be checked and supplied. On the off chance that the stock isn't recorded appropriately it can prompt misfortune to the organization and can likewise prompt clashes between the wholesaler and the organization. The distribution centers where the products are put away ought to be as indicated by the necessity of the sort of merchandise made. On the off chance that the item is short-lived and on the off chance that the chilly stockpiling doesn't have a force back up, at that point if there is a force cut the merchandise may get harmed. Hazard associated with transportation: transportation of the products is a significant advance engaged with the gracefully chain the board. At the point when the products are shipping they are transparently presented to various kinds of hazard, for example, vehicle mishap, burglary, street dangers, and so forth. Hazard associated with request determining: when an organization puts resources into a specific item it gauges what will be its interest in the market. In light of that information it at that point makes an item. Estimating is a major bet and henceforth is additionally an exceptionally large hazard. On the off chance that the anticipating is happens to be correct the organization appreciates great benefit yet in the event that the estimating bombs the organization faces overwhelming misfortunes. Hazard associated with material gracefully: To fabricate an item on time it is significant that the crude materials arrive at the production line on schedule. In the event that the provider doesn't give the crude materials on time the creation procedure will stop or be deferred. This includes danger of time. In the event that the request isn't done on time the merchants probably won't accepting the item and the organization will at that point face extremely substantial misfortune. Consequently flexibly of crude materials on time is significant and dangerous factor in gracefully chain the board. Hazard associated with client assistance: assembling a decent client relationship is a key to the achievement of the organization. On the off chance that a client isn't happy with an item execution and necessities to supplant or fix it he should be given a client care unit. At the point when the client restores an item the procedure of converse coordinations begins. On the off chance that there is wastefulness in conveyance the client a decent help he may never turn around to the organization again. Subsequently the administration gave to isn't palatable it faces the danger of losing a significant client. Hazard engaged with bundling of the item: appropriate bundling of the item is significant. On the off chance that the item is of transitory nature and isn't appropriately stuffed it is presented to the contaminated condition which can stale the item before arriving at the client. The hazard here is to the altruism of the organization. For durable products if the merchandise are not appropriately pressed it may be hard to

Friday, August 21, 2020

Leadership Skills Personal Development Plan Essay

Initiative Skills Personal Development Plan - Essay Example a point by point investigation of my administration style on the grounds of solidarity, shortcoming, opportunity, dangers, alongside conversation on improving them so as to be an increasingly compelling pioneer. I have likewise talked about the SMART(ER) objective setting method to set the objectives for my devotees and for myself. All the conversations made in this investigation are sponsored up by significant hypotheses. As per my discernment, the idea of authority depends on how one individual can direct a gathering of individuals to adhere to his guidance with the goal that they can be driven towards a shared objective. At generally the term â€Å"leader† is utilized equal with the term â€Å"manager†. I feel that a pioneer and a director have a significant distinctive arrangement of characters (Davis 8). A pioneer builds up another pattern or a lot of rules to follow, while a supervisor ensures that the guidelines are appropriately being followed. In particular a chief controls his subordinates by depending on his capacity of power, yet a pioneer impacts his adherents by setting up a solid trust (The Wall Street Journal, â€Å"What is the Difference Between Management and Leadership?†). This causes me to accept that a pioneer is an individual who takes the correct choices and defines objectives for himself and for his adherents too. I have followed an authority style which ties my group in with severe guidelines and guideline. I felt that setting up straight forward principles are vital so as to ensure that there is deviation from the objective. I set out a progression of severe guidelines for my group and trained them to adhere to those standards down to each word. So as to stay away from disarray in dynamic, I assumed the liability of settling on all the significant choices myself. I instructed my group to maintain my choices consistently, so it very well may be guaranteed that the advancement is coordinated in the ideal way. This style of authority can be named as the Autocratic administration style (Johnson, â€Å"5 Different Types of Leadership Styles†). Quality: The absolutist

Tuesday, May 26, 2020

These are only two of the persuasive essay topics about social media I can think of. There are quite a few more out there, so be sure to check back in the future for other topics. Persuasive Essay Topics About Social Media - Part 2

These are only two of the persuasive essay topics about social media I can think of. There are quite a few more out there, so be sure to check back in the future for other topics. Persuasive Essay Topics About Social Media - Part 2There are several persuasive essay topics about social media available on the Internet. This is a blog, so I will briefly go over some of the things you can expect to see in each topic:More articles: The first article you will see is not really about social media per se. It is a 'consumerist' piece about the benefits of social media.More questions: There are no easy answers to the question, 'what is social media?' But the authors of these persuasive essays often ask the reader to think about it. They may make it more difficult for the reader to just 'snap their fingers' and have the answer.One can even think of it as a personality test, or using the 'Google'Yahoo' function to find information. It is a way to find out how much we trust and respect different people. And if we use social media, we are likely to find out more about ourselves. Or, for some folks, maybe they just want to keep in touch with friends and family.This brings up the final point: who is this blog for? For whom, exactly, is this blog about social media?Because it is a blog, I would argue that it is more for casual readers than for regular readers. And, generally, casual readers like to find things on the Internet for free. They don't mind that much if a web page offers the same information for a fee.

Saturday, May 16, 2020

Impact of Oil Prices and Other Macro Economic Variables on...

1. Abstract The objective of the study is to measure the impact of changing oil prices, and other macro economic variables like consumption, government expenditures and average exchange rates on Gross Domestic Product-GDP in the context of Pakistan’s economy. The study is secondary data based and the observation is 150 with five variables and 30 years of data. The data is taken from World Bank, Inflationdata.com, State Bank of Pakistan, Economic Survey of Pakistan, Federal Reserve Bank of America, Federal Bureau of Statistics Pakistan, Pakistan Development Review, Federal Board of Revenue, OPEC and Euro Journal. First the stationary of the variables were checked by augmented dickey fuller-unit root test and data. All variables were†¦show more content†¦From both points of view this puts additional burden on the next generation who has to return this borrowed money in the future period of time. This is against the principal of sustainable development. So for sustained development- developing today’s world without compromising the needs of the future generations’ government to gradually remove this subsidy to decrease allocative and productive inefficiency. 2. Introduction Economics is the managnment of scarce resources. We live in the world of scarcity and. Where from basic necessity to luxury even the human being is a scarce commodity. So in order to uncertainity use at the optimum level, we have to use the scarce resources as efficient as possible. Crude oil is a scarce commodity in the world. Its Elasticity of demand and supply both are less elastic.Because of demand and supply factors and also because of other intervening variables like cartel, hoarding, supply shocks etc., day by day prices are increasing and causing demand pull as well as cost push inflation. In a country like Pakistan international price hike not only causes imported cost push inflation but also demand pull inflation. Actually Compressed Natural Gas CNG and Liquified Petrolium Gas LPG are very poor susbtitutes of petrol. So as international price increases, this leads to lacal inflation in the economy, leading to fall in the foreign exchange reserves as foreign currency becomes shortShow MoreRelatedThe Interaction Between Crude Oil And China s Gdp2264 Words   |  10 Pagesthe Crude Oil Price and China’s GDP Pinpin Lyu B00648666 06/04/2015 Assignment 10 Prepare for Honours Thesis, Econ 4200 Style: Content: ____________________________ TOTAL: Abstract This paper analyzes the interaction between the crude oil price and real GDP per capita in China. I find that both the crude oil price and the real GDP per capitaRead MoreBasic Studies Establishing The Oil Price Economic Growth Relationship2438 Words   |  10 PagesBasic studies establishing the oil price economic growth relationship Hamilton (1983) stated that the correlation between oil price evolution and economic output was not of a historical coincidence for the 1948-72 period. An increasing oil price was followed 3-4 quarters later by slower output growth with a recovery beginning after 6-7 quarters. These results also apply to the period 1973-1980. The negative effect is more distinct in inflationary times. It wouldn’t have been possible to anticipateRead MoreOil Prices and Economic Growth1250 Words   |  5 Pagesexceptional importance of the crude oil in the supply of the worlds energy demands, it has become one of the major indicators of economic activities of the world. 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This exchange rate regime was operated in additionRead MoreThe Importance of Crude Oil Essay1251 Words   |  6 Pagesexceptional importance of the crude oil in the supply of the worlds energy demands, it has become one of the major indicators of economic activities of the world. Even after the appearance of alternate forms of energy like solar power, water and wind, the importance of crude oil as the main source of energy still cannot be denied. This sharp increase in the world oil prices and the volatile exchange rates are generally regarded as the factors of discouraging economic growth. Particularly, the veryRead MoreRelationship Between Gold, Oil and Us Stock Market1600 Words   |  7 Pagestry to explain the relationship between the oil prices, gold prices and stock market in the United State using yearly time series data. Since the gold and oil prices are raising their influence on stock market is also increasing and we will see how fluctuations in oil prices and gold prices impact the stock market in the United States. So here oil prices and gold prices will be our explanatory variable and stock market index will be our explained variable. In this study we will use multiple regressionRead MoreOil Prices and Economic Growth1255 Words   |  6 Pagesexceptional importance of the crude oil in the supply of the worlds energy demands, it has become one of the major indicators of economic activities of the world. Even af ter the appearance of alternate forms of energy like solar power, water and wind, the importance of crude oil as the main source of energy still cannot be denied. This sharp increase in the world oil prices and the volatile exchange rates are generally regarded as the factors of discouraging economic growth. Particularly, the veryRead MoreShort Run And Long Run Effects1405 Words   |  6 Pagessupply of oil are relatively inelastic because it is difficult for them to make large adjustments to price changes in a short period of time. When oil price rises, oil consumers, such as manufacturing firms and households, may not be able to reduce their demand for oil immediately. For example, individuals still need to drive to work and manufacturing firms with long-term contracts still need to run machinery to meet target output. Similarly, an increase in oil price would not stimulate oil supply inRead MoreMonetary Policy Essay1666 Words   |  7 Pagesscarcity and choice, opportunity cost, marginal analysis, microeconomics, macroeconomics, factors of production, production possibilities, law of increasing opportunity cost, economic systems, circular flow model, money, and economic costs and profits all contribute to what is known as the economy. These properties as well as a few others, work together to influence the economy. Microeconomics and Macroeconomics are two major components. Both of these are broken down into several different componentsRead MoreGeneral Theory Of Employment, Interest And Money2303 Words   |  10 Pages Managerial Economics â€Æ' Table of Contents Introduction 2 Objectives 2 Analysis 3 Economic Analysis of India 3 Key challenges and recommendations 4 Long-run economic growth and impact of macroeconomic stabilization policy 5 Macroeconomic concepts related to international trade 5 Illustration 6 Conclusion 9 References 9 Introduction Broadly speaking, the modern economic science has two major components: microeconomics and macroeconomic. Compared to microeconomics, macroeconomics

Wednesday, May 6, 2020

The Ice Man Essay - 893 Words

The Isolated Iceburg â€Å"The Ice Man†, by Haruki Murakami, is the story of a 20 year old Japanese woman who falls deeply in love with an Ice Man. Everyone seems to avoid the Ice Man, but the woman is strangely attracted to him. The woman and the Ice Man begin to date, and eventually get married. The womans family and friends are so ashamed of the marriage that they stop talking to the woman completely. Although she does love him, the woman begins to grow bored of the repetition and isolation the Ice Man has brought her. She decides they should go to the South Pole for vacation, because she believes the Ice Man will enjoy it there. When they reach the South Pole the woman becomes even more isolated than she was in Japan. She also†¦show more content†¦The Ice Man undergoes a fundamental change when they decide to go to the South Pole. The woman notices that â€Å"his breath [became] even whiter than before; and even more frost accumulated on his fingers than b efore.†(Ann Charters, 971) The Ice Man becomes even more foreign when they begin to plan the trip to the South Pole. The primary conflict is the womans internal struggle to abandon everyone she knows and loves for the Ice Man. The woman completes her self-isolation by going to the South Pole. However, â€Å"all of the South Poleans were friends with [the Ice Man], but they couldnt understand [the womans] speech.†(Ann Charters, 972) This shows that the woman becomes even more isolated that she was in Japan. The woman is left with no family or friends, just ice. â€Å"The Ice Man† is set in mid 20th century Tokyo, Japan. Japan has always had class and marriage traditions, and Haruki Murakami reflects this in the setting of the story. For example, when the woman sees the Ice Man for the first time, â€Å"everyone had gone out for an afternoon of skiiing, the lobby was deserted like a ghost town.†(Ann Charters, 967) This is the first time that the wom an leaves her friends for the Ice Man, and the setting foreshadows the isolation the woman is facing by getting involved with the Ice Man. By always putting the Ice man in a isolated setting, Murakami shows that the society never fully accepts him. The womanShow MoreRelatedIce Man Essay836 Words   |  4 Pagesï » ¿Ice man Have you ever been treated unfairly? Have you ever been treated like you have no rights at all? Most people have, but few of them have been treated as badly as Victor and his friends were in â€Å"Ice Man† written by Elmore Leonard, just because they are Native Americans. â€Å"Ice Man† is fiction. In â€Å"Ice Man† the narrator is an unknown 3rd person narrator. He does not enter the characters minds, he only tells us what they say and what they do. And therefore he must be a person that does not takeRead MoreThe Ice Man, Haruki Marukami969 Words   |  4 Pages Dr Icelove: Or I Learned to Stop Worrying and Love Male Dominated Cultures â€Å"The Ice Man† by Haruki Murakami is a woman’s conflictive narrative incurred when facing a new identity spurred by the marriage of a man that does not fit her societal norms. She develops a relationship with a person dubbed the Ice Man even after a friend acknowledges he was different from them. The man’s unusual characteristics do not fit any niche she has come acrossRead MoreThe Ice Man By Ariel Vromen1950 Words   |  8 Pagesmy analysis on the movie The Ice Man, directed by Ariel Vromen and was released in 2012. This film demonstrates examples of multiple complications that police faced when It came to dealing with organized crime. Corruption and fear of the mafia essentially lead to these problems and allowed the mob to conduct its illegal activities unchecked. Scanning: The Ice Man is a movie based on the true story of Richard Kuklinski, the notorious contract killer known as The Ice Man who is serving multiple lifeRead MoreThe Stroke Combustion Cycle ( Ice ) Revolutionized The Way The Man Think And Moves1352 Words   |  6 PagesEngines (ICE) revolutionized the way the Man think and Moves. Internal Combustion Engines are also significantly more efficient than the well-known steam engine. Today it has better power than electric batteries and motors, and offers similar overall efficiency. Small, lightweight ICE made personal transportation possible. It transformed how we built cities and did business. Engines are so important for the advancement on any society, nowadays without engines it will be much harder for man to do whatRead MoreDrowning and Red Bean Ice1637 Words   |  7 PagesFerguson and Red Bean Ice by Nancy Lee, authors have demonstrated the reaction and feeling of people to death. In these two stories, the characters are unlike the oth er person when death comes. They are both calm facing to death, and they are all insisting their hope. However, the reaction of people around them for their death is different. Firstly, both of characters in the short stories are very calm before their death. In the story â€Å"A Drowning†, the narrator in a boat saw a man who falls into theRead MoreHow Does Ll Cool J And Ice T s Body Language, Clothing, And Setting Portray Them980 Words   |  4 PagesAfrican American men as forceful and destructive, and the other portrait shows a successful African American man that society doesn’t pay much attention to. LL Cool J looks very intelligent in his portrait compared to Ice T who displays himself as a dangerous person. LL Cool J and Ice T are both successful African American actors and Rappers well known in the entertainment industry. LL Cool J and Ice T’s Body language, clothing, and setting portray them as men who demand respect from people to preserveRead MoreSonnet 30 Analysis934 Words   |  4 PagesSpenser dramatizes the conflict of a man’s burning desire to be with a woman who has no interest in him. Edmund Spenser uses th e metaphorical comparisons of dramatically opposites, fire and ice. The man is fire, who is obsessed for this ice cold hearted woman, which returns nothing. The poem explains why this man can’t get this woman to love him back. The author uses stylistic devices, theme, and tone to emphasize how he cannot get the woman he deeply loves. The conflict is best represented by theRead MoreHungry For Some Ice Cream1453 Words   |  6 PagesHungry for some ice cream? When many people think of ice cream the thought of warm summer days, innocence, and even comfort come to mind. But in the viral video ad of Little Baby’s Ice Cream, â€Å"This is a Special Time† surely does not make one think of these things. This odd and strange ice cream commercial caught my eye and many others, ranging from ice cream lovers of all ages to Internet junkies leaving us with creepy feelings and nightmares. The reasoning behind the eeriness and nightmares allRead MoreThe Social Construction Of Gender989 Words   |  4 Pagespoetry of a popular Def Jam spoken word artist Black Ice, whose piece Bigger Than Mine looks into the dualism within Black society in the United States with an undertone of what it means to a man. A schism as described by Black Ice being between two distinct groups, Blacks and â€Å"Niggas†. The focus of the piece lies mainly within the issue of race and the schism between the two sides of being Black and how each identifies themself according to Black Ice. Much like the same roles that make up the socialRead MoreHistory of Nhl1093 Words   |  5 Pagesis played fairly and to make sure that either team is penalized for an illegal action. There are five classes of penalties that currently are enforced in ice hockey. The first type is a minor/bench minor penalty, which is a low in class penalty that is punished with the loss of a man for two minutes. The player shall be let back on the ice and each team will return to full strength if the team on the power play is to score a goal. Such penalties include delaying the game, hooking, cross checking

Tuesday, May 5, 2020

Gm 533 Final Paper free essay sample

Gm 533 Final Paper Executive Summary An analysis was performed for Quick Stab Collection Agency. This agency specializes on relatively small accounts and avoids risky collections such as debtor that tends to be chronically late with payments or is known to be hostile. The collection business can be very profitable. Quick Stab Collection Agency has been known to purchase small accounts for $10. 00 to collect a debt of $60. 00. The profitable of this agency depend critically on the numbers of days to collect the debt, the size of the bill and the discount rate offer. QSCA has asked us to find a relationship between the size of the bill and the days collected if any. In this data set there’s variable DAYS is the number to collect the payment, and also the BILL would be the amount of the overdue bills. The data will define that the TYPE=1 for residential accounts and the 0 for commercial accounts. A 95% confidence level was chosen. Introduction The strategy for QSCA Company it depends on how fast they can collect the debt and the amount of money received above what they paid for the account of course their intend is to get all of the amount but they realize that that may not those offering discounts in order to get payment. We will randomly select accounts from January to June that have been designated has overdue in the data set and try to establish a relationship between the size of the bill and the numbers of days to collect. In order to give management the tools need it to make decisions as to better handle accounts collections. Research Purpose The purpose of this analysis was to determine if there is a relationship between size of bills and days to collect the bill, But we have to ask the question how do we determine such a relationship if any and based to the data set given is their enough information to come to a conclusive decision. There is a sentiment with in QSCA that such a relation does exist. Hypothesis Analysis and Method Data Sample Having collected data for 6 months in both residential and commercial accounts we have a date set of 96 accounts both residential and commercial. The data set capture recorded dates the bill have been delinquent the amount of the bill and the type of bill. A copy of the survey can be found in the document sharing on the course website. Analysis Methodology In developing the criterion, a 95% confidence level was chosen and regression analysis along with a scatter plot. Computed Value of Test Statistic From the data set collected, the following test statistics were obtained: |Regression Analysis | | | | | | | | | | | | | | | |r? |0. 079 |n |32 | | | | |r |-0. 281 |k |1 | | | | |Std. Error |81. 430 |Dep. Var. |Bill | | | | | | | | | | | |ANOVA table | | | | | | | |Source |SS |df |MS |F |p-value | | |Regression | 17,097. 6041 |1 |17,097. 6041 |2. 58 |. 1188 | | |Residual | 198,925. 6146 |30 |6,630. 8538 | | | | |Total | 216,023. 2188 |31 | | | | | | | | | | | | | | | | | | | | | |Regression output | | | |confidence interval | |variables | coefficients |std. error | t (df=30) |p-value |95% lower |95% upper | |Intercept |219. 1587 |34. 7654 | 6. 304 |5. 98E-07 |148. 1582 |290. 1592 | | | |Descriptive statistics | | | | | |Days | |count |32 | |mean |53. 2 | |sample variance |604. 95 | |sample standard deviation |24. 60 | |minimum |13 | |maximum |94 | |range |81 | | | | |Descriptive statistics | | | | | |Bill | |count |32 | |mean |168. 34 | |sample variance |6,968. 49 | |sample standard deviation |83. 48 | |minimum |46 | |maximum |311 | |range |265 | | | | Scatter plot: [pic] Interpretation: Regression Analysis The r score of -0. 281 shows that our data a relatively has no strong positive correlation. The r score does not indicate that there is a positive relationship between the two variables. However the r square result was a result of 0. 079 wish would show only 7. 9% of the variance between the two data points. The standard error of 34. 7654 shows a relatively small sampling error in the data, or that there is too much error in the sample data. The F score of 2. 58 indicates that the linear relationship between the days and the bills isn’t particularly strong. The P value of 5. 98 is also too high to indicate a strong linear relationship. Descriptive Statistics We took a descriptive statistics for both data we used. The mean indicates that the days were 53 seconds. The range for the data set seems rather small at 81 seconds from 13 seconds to 94 seconds. The mean for bills was 168 or 16. 8 percent. This data also has a range of 265 or 26. 7 percent to a 31. 1 percent. Scatter Plot The scatter plot shows no indication between days and the bills. As you see that the day data decreases as the bill also decreases. Which they do not appears to have any variance from the line the days of the data points generally decreases with the bill data. Recommendation Conclusion References Bowerman, Bruce L. O’ Connell, Richard T, Orris, J. B; and Murphree, Emily S. 2010. Essentials of Business Statistics. New York: McGraw- Hill, Irwin . Microsolf Excel. Microsoft Corporation. Version 5. 0. 1997 Mega Stat Copyright 2009 by J. B Orris is a statistical add- in for Microsoft Excell, handcrafted by J. B Orris of Butler University. References Berenson, Mark L. , and David M. Levine. 1999. Basic Business Statistics. New Jersey: Prentice-Hall. Long, Lori. 1986. â€Å"Surveys from Start to Finish. † Info-Line 1-14. Microsoft( Excel. Microsoft Corporation. Version 5. 0. 1997. PHStat(. Prentice-Hall. 7th Edition. 1999.