Classic Pen Co. Case

Great Pen Co. Case In the past Classic Pen Company had been the ease maker of beat up pens and had net revenues over 20% of deals. In the course of the most recent five years Pen Co. chosen to begin creating red and purple pens. They require a similar essential creation innovation yet can be sold at 3% and 10% premium selling costs. Team lead Dennis Selmor is simply observing the money related outcomes and isn't content with the numbers. The primary issue that Pen Co. is confronting is their decrease in gainfulness. Despite the fact that the numbers show the red and purple pens are increasingly beneficial separately (red 14. %, purple 18. 2%), the general profit for deals is declining (13. 5%). A second issue that Pen Co. has is the issue of expansion of asset costs. It requires a generous measure of time for physical changeover of creation starting with one shading pen then onto the next. Especially transforming from another shading to red. The last issue Pen Co. faces is the expans ion of costs identified with planning and buying exercises. A large portion of the backhanded work expenses and PC framework costs are identified with planning and purchasing.Pen Company’s declining gainfulness could be founded on the measure of the company’s overhead. They have decided overhead to be 300% of direct work costs, when beforehand the overhead expense was just 200%. The make-up of this overhead is circuitous work, incidental advantages, PC frameworks, apparatus, upkeep, and vitality. The explanation behind such an enormous increment in overhead is a direct result of the more appeal for aberrant expenses because of the expansion of increasingly mind boggling and concentrated items. While the expense for direct work per one unit is the equivalent for each shade of pen produced.The cost for roundabout work is comprised of three unique exercises: half for taking care of creation runs ($10,000), 40% for physical changeover or set up costs ($8,000), and 10% for keeping up records or parts organization ($2,000). The expense for PC frameworks is comprised of two exercises: 80% for creation run exercises ($8,000), and 20% for record keeping or parts organization ($2,000). At last the staying roundabout expenses are the hardware ($8,000), support ($4,000), and vitality ($2,000).These are completely used to gracefully the machine with the ability to create the pens with a sum of $14,000. In general Classic Pen Co. must enhance a few zones of interest so as to build its gainfulness like what it had been previously. They have to build their arranging and attempt to change their present arranging framework and sorting out. They could put resources into more PCs to expand the measure of planning being finished by PCs and subsequently bring down their roundabout work costs.Finally I suggest they ought to put resources into some more machines to deliver the diverse shading pens in. This would have a significant expense of capital yet would in the lon g run set aside the organization cash in the work cost and time required for the physical changeover between hues Calculation Page Indirect LabourMachine Support Handling Production Runs = 10,000Machinery = 8,000 Set Up = 8,000Maintenance = 4,000 Parts Administration = 2,000Energy = 2,000 Fringe Indirect Labor = 8,000Total = 14,000 Computer SupportFringe for Direct LabourHandling Production Runs = 8,000Fringe = 8,000 Parts Administration = 2,000 Total Overhead = 60,000 Calculating Activity Rate Activities| Activity Cost| Cost Driver #| Calculation| Activity Rate| 1) Handling PR| 22,000| 150| 22,000/150| 146. 67/Run| 2) Set Up| 12,000| 526| 12,000/526| 22. 81/Hour| 3) Parts Admin. | 4,000| 4| 4,000/4| 1000/Product| 4) Machine Support| 14,000| 10,000| 14,000/10,000| 1. 4/Hour| 5) Fringe DL| 8,000| 20,000| 8,000/20,000| 0. 4/DL Cost| Total| 60,000| |

Wal-Mart Market Analysis Free Essays

Wal-Mart Market Analysis Wal-Mart is the second biggest organization on the planet. Its attention is on mass marketing rather than strength promoting. The thought behind mass marketing is to offer items and administrations in one helpful store to more readily deal with a consumer’s time. We will compose a custom paper test on Wal-Mart Market Analysis or on the other hand any comparable point just for you Request Now A case of how Wal-Mart mass merchandisers is by offering a huge number of items and administrations inside one helpful store. They sell outdoor supplies, hardware, lodging needs, dress, staple goods, consumables, and toiletries across the board helpful area. Like a shopping center, Wal-Mart meets the entirety of its customers’ needs in a single area. This is an entirely significant capacity since it permits the client to have more command over their time. (Research and Markets, 2010) The organization works under three fundamental activity fragments. Its most basic section will be its Wal-Mart. The subsequent normal fragment found in the United States is Sam’s Club. Sam’s club is like Wal-Mart with the exception of that it is bigger in size and puts more accentuation on discount retail. They are progressively well known with organizations and huge families. The company’s last fragment comprises of International stores. Despite the fact that Wal-Mart has scarcely any areas outside the United States its name is broadly known. (Research and Markets, 2010) Within the United States, Wal-Mart has an assortment of mass promoting areas. Wal-Mart’s items and administrations inside every area depend on socioeconomics and encompassing stores. Superstores, rebate stores, and neighborhood markets are the three kinds of stores Wal-Mart may open, given a specific segment. On the off chance that a network is huge and comprises of numerous school regions and numerous families, Wal-Mart will consider opening a Superstore or neighborhood advertise. Inside a local market, Wal-Mart offers lower evaluating to rival more expensive stores, for example, Targets, Kohls, ShopRites, ACMEs, and Super new. In any event, shopping centers contending with Wal-Mart. Markdown stores are situated in littler networks, for the most part comprising of old people or little families. (Research and Markets, 2010) Wal-Mart’s is a ground-breaking organization because of its low estimating and high volume. It drives mother and pop shops and neighborhood little retail locations bankrupt because of the failure to contend with such an enormous chain. In spite of the fact that this is baffling, Wal-Mart is probably the biggest boss, giving occupations to over a million representatives. So it does its offer to add to business. (Statistical surveying, 2010) Everyday Wal-Mart is expanding its piece of the overall industry. A long time back Wal-Mart was simply one more retailer, however because of huge extension and lower costs, Wal-Mart presently contends in pretty much every kind of retail business. Wal-Mart is currently opening supermarkets, corner stores, and supercenters that offer everything conceivable so as to boost its piece of the overall industry. Regular Wal-Mart is concocting new plans to keep a tremendous authority over the piece of the overall industry. Thoughts of joining a supermarket inside an apparel store were unrealistic 10 years prior, however now it is normal to purchase dairy items and outdoor supplies across the board store. Presently implausible and considerably crazier thoughts, for example, selling utilized vehicles, money related administrations, and home improvement needs can be acknowledged inside Wal-Mart’s capacity to extend its items and administrations. (Statistical surveying, 2010) Wal-Mart can keep developing to higher and much more profound profundities. The objective for Wal-Mart is to not let its objectives of growing meddle with its typical and regular tasks. Low costs and accommodation are an absolute necessity for Wal-Mart to keep working. Today Wal-Mart is a typical name in retail similarly as Ford is regular to vehicles. ? References Market Research, Initials. (2010). The Age of wal-shop. Recovered fromhttp://www. marketresearch. com/map/goad/805195. html Research and Markets, Initials. (2010). Investigation of wal-shop stores. Recovered from http://www. researchandmarkets. com/reportinfo. asp? report_id=552122 Instructions to refer to Wal-Mart Market Analysis, Papers

Public Schools

Public Schools Government Voucher Effects On Public Schools Home›Research Posts›Government Voucher Effects On Public Schools Research PostsThe research proposal is about how the government school vouchers have impacted on the public school system. The idea was first introduced by Milton Friedman about four decades ago and its main aim was to give some form of subsidiaries financially in form of vouchers to parents that take their children to private and religious schools. This however did not get good reception at the time but in recent times it has had increased support as it is believed it will lead up to improving the quality of education that is being offered in public schools.   This will give the incentive for competition while giving the freedom of choice in relation to the place where the child can go to school irrespective of the socio-economic status. This will mean that the public schools will have to give better education if parents will take their children there while the private schools will cease being the place for children who come from a wealthy background (Peters, 1996).According to Peters (1996), the school vouchers can be implemented in a variety of flavours that will include various options. These will all include the payment that will be made to the parents whose children attend private schools in offsetting the tuition and any educational expenses. This will be done by either the state or federal government depending on the type of program that will be put in place. The system will cater for the tuition fees for any parent who wants to their children to attend a private school or a religious one. In the process, this will work towards ending the monopoly in education that has been controlled by the state and local governments.The monopoly has always stifled competition between schools irrespective of their nature for two main reasons. The first reason is that the public schools have always been guaranteed of enrolment that is either done on a geog raphical basis. The second reason is that the other option to public schools which is the private ones has some high fees for tuition that most parents cannot afford. Due to this the ordinary parent who is not happy or dissatisfied with the state of quality of education that is offered in the public schools cannot opt for it as they cannot afford it. On the other hand the public schools due to the guaranteed enrolment do not have an incentive to compete by providing quality in education that is offered. However with the vouchers parents will have this option hence the schools will have to work towards quality education otherwise they will end up with empty classrooms due lacking of enrolment (Friedman, 1997).The introduction of the voucher would also assist in reducing the overcrowding that is in the public schools. This has led to a strain on the on the situation that is already desperate. In doing this the quality of education offered in these centres will improve as each student will be attended to on a personal level while his or her needs will also put into consideration.    In addition to this the private schools will have more room for other students hence easing on the crisis (Kalantzis Cope, 2011).According to Friedman (1997), the increased competition among both the private and public schools will ease on the notion that is already present in which the private schools are thought to offer better quality education. The free market will mean the brightest students will have the opportunity to choose the type of school they desire to go to. In avoiding the departure of their brightest schools the public schools will have to do better in order to keep them. On the negative side of it the public schools will have lower funding and further lower their chances of survival. In addition the competition will not be fair like in the case of transportation that public schools have to incur that private schools do not. This will also allow the private schools t o pick students that they believe fit their criteria leaving the unwanted ones for the public schools.The research study will aim at looking at the effects that Vouchers to schools by government will impact on the public schools. The vouchers mainly mean a financial assistance that is given parents who have taken their children to private schools as a relief to the tuition and other educational expense. In this construct, it will help in determining if the introduction of the vouchers will either improve or lead to the deterioration of the services that are offered in the public schools (Peters, 1996).MethodParticipantsThis will be a descriptive research study that will be trying to find out if the voucher introduction will have an impact in the public schools. Hence the parents whose children attend the public schools will be interviewed. The method of sampling that will be used will be multi-stage. In this different regions will be divided into geographically to create clusters an d from these proportional sampling will be used in that the cluster with the highest population of students who will get a higher sampling number in comparison to the minimum one.Ethical ConsiderationsAll the parents who are going to be interviewed will be informed that the exercise to be carried out is for the purpose of a study being done hence it’s on a voluntary basis. Due to this all those who will not give consent will not be included in the study. In addition all those who are partaking in the exercise will have to have children who go to public schools and hence would be affected by such an exercise.   Those who give consent will be assured that there identity will be kept private and the opinion that is given is the one to be used for the statistical analysis. At the same time grand parents who may be taking care of their grand children and not sure of the meaning of the study will be excluded from the study.MeasuresIn order to determine that the research to be carried ou t will be valid the questionnaires that are going to be to be used will include a demography section to ensure they symbolize that actual people were interviewed in the study. In this section the parent will state the school(s) that his or children attend and the level. In addition it will also try and seek their opinion on the quality of education offered in public schools and if the introduction of the vouchers will result in the improved quality of education. In order to ensure the response is even and it does not give a logistical nightmare in the analysis stage, the questionnaire needs to be structured and closed implying that the responses to be given will be limited to a certain criteria. The questionnaires to be given must be filled and taken away at the same time hence if a parent says he or she is too busy should be excluded. This can be attributed to influence on the options to be filled that may be influenced by other figures or persons who may voice their opinion leadin g to incorrect information.Procedure for Data CollectionAll the respondents will be interviewed using a questionnaire that they will be expected to fill. In a situation where they are not clear of the meaning of the question it shall be explained by the research assistants who will be properly trained in carrying out the exercise for easy facilitation and reduce the incidence of spoilt questionnaires due to inappropriate filling of the questions and this will interfere with the sampling number that had been selected leading to invalidation of the research being carried out. Before the commencement of the answering of the questionnaires, the parents who fit the criteria of the sample population will be explained about the significance of the study as a whole inclusive of its purpose to avoid any misunderstandings.

The Sacred Rituals Of Christianity Essay - 1616 Words

The sacred rituals of Christianity, called sacraments, vary greatly between Christian denominations. Yet other practices are common to virtually all forms of Christianity. Most Christians attend worship services at church on Sundays where worshipers generally sing and pray and a sermon is brought forth. Most churches have a special ritual for ordination, or designating a person fit for a leadership position in the church. At home, most practicing Christians pray regularly and many read the Bible. Although there are seven sacraments practiced in the Roman Catholic Church, Christians usually recognize only two of the seven, baptism and Holy Communion, as genuine sacraments (123-124). Almost all Christians practice baptism and the Eucharist (The Holy Communion), which are ancient traditions connected to Jesus and the apostles. Baptism and communion are considered sacraments - sacred rituals instituted by Christ himself. Another is the practice of fasting before partaking of the Holy Com munion. There are many rituals in the Christian community however Baptism, the Holy Communion and Fasting are very significant in the Christian view, and are tied together for the purpose of cleansing and salvation. According to accounts in the Gospels the first person to conduct a baptism in the New Testament is John the Baptist. John baptized his followers as a sign of repentance. John was conducting his ministry of baptism for repentance when Jesus asked to be baptized by him. His call toShow MoreRelatedThe Barriers Between Cultures, Patterns, And The Differences Amongst Society1647 Words   |  7 Pagescommunication patterns, and the differences amongst society all factor down to one thing, religion. Religion is vastly universal. It encompasses a wide variety of sub-sectors, as it houses many diverse types of religions, each with varying beliefs, ideals, rituals, and languages. Religion is a way of life, it brings people together. It evokes a new way of thinking, feeling, and understanding the complexity of life. The specific role religion plays in an individual s life is different for everyone. Many peopleRead MoreChristianity And The New Testament1311 Words   |  6 PagesChristianity is a religion that is based on the life experiences and teachings of Jesus Christ in the New Testament. Christianity is the largest religion on Earth, with over two billion followers which are called Christians. Jesus is believed to be the Son of God and the Savior of Humanity who is coming as Christ in the flesh which is prophesized in the Old Testament. 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Fasching, and Todd Lewis, under the section entitled The Sacred, it states that religion â€Å"expresses our sense of being â€Å"tied and bound† by relations of obligation to whatever powers we believe govern our destiny-whether these powers be natural or supernatural, personal or impersonal, one or many† (9). Furthermore, the book World Religions Today, by John L. Esposito, Darrell J. Fasching, and Todd Lewis, states that the religionsRead MoreThe Four Characteristics of Religion1212 Words   |  5 Pagesin and is defined by its characteristics. To create a dynamic, living and breathing religion, it must have all of these characteristics that distinguish and separate a religion from others. These include beliefs and believers, sacred texts and writings, ethics and rituals and ceremonies. Each and everyone of these aspects combine and interrelate to create a powerful and passionate, living faith tradition. Beliefs is a term best defined as ideas that are considered true and express the self understandingRead MoreConfucianism : The Way Of Propriety1265 Words   |  6 Pagesaspects when compared to Christianity. These four being; the founders, Ren and Agape, The Golden Rule, and Religious Beliefs (God/Gods). Confucianism, or as Steven Prothero titled it in his book, The Way of Propriety, was founded by Confucius. Confucius regards himself as a transmitter of ancient truths rather than an inventor of new ones. Confucius studied hard and used his expertise to gain him a job as a private teacher in China. With his diverse background in ritual, archery, charioteeringRead MoreA Prayer Ceremony For Christmas1253 Words   |  6 Pagesand fire, and all colours of the rainbow.† Religion is the set of beliefs, feelings, principles and practices that define the relations between human being and sacred or holiness. 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Eh Is a 68-Year-Old Male Who Comes Into the Clinic...

EH is a 68-year-old male who comes into the clinic complaining of a fever with a temperature of 103  °F. He has had a cough for the last three days that is producing some thick green brown mucous. The MD feels he most likely has bacterial pneumonia. He also has a history of having rheumatoid arthritis, and being immune compromised as he is on an immunosuppressant methotrexate. He has noted that over the last year he has lost weight unintentionally and feels he is underweight. 1. Understanding epidemiologic concepts of the chain of transmission of organisms from host to victim, describe how EH could have been infected. * Pneumonia is refers to an infection in the lungs that causes swelling in the lungs tissue and this inflammation†¦show more content†¦His wife can use automated bicep, wrist cuff but I don’t think she can use the scope. KH’s most primary factor risk is an HTN because of his age and also the extra 30Ibs of his DM. but his 30Ibs over is not a sig nificantly bad if KH were health of metabolically but the overweigh can lead to cause of hypertension. 2. What is the rationale for treating KH with an ACE inhibitor? What is the mechanism of action? What part of the blood pressure formula do they affect? The prescribed of medications are also ethnicity needs to take because some of the medications works better some of the groups ethnicity than other people. It is an angiotensin II of vasoconstrictor that elevates of B/P angiotensin II are also formed of angiotensin 1in the bloods enzyme and enzyme can cover ACE and interfere activity of enzyme of ACE because it decreases the angiotensin II. Most of all if he has vasodilation and blood pressure is reduces. 3. KH’s hypertension is not adequately controlled. What other intervention might be considered? The other interventions are if there is no well treatment of couple of things, I think there would be damage to the heart, arteries and that could be a heart attack, heart disease, stroke and more. 4. What tips can you give KH’s wife to improve the accuracy of her blood pressure measurement technique? Used the better way to measure the blood and for the cuff to wrap

Economics The Functions of Money Free Essays

1. What are the functions of money? (5) Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value, and occasionally, a standard of deferred payment. We will write a custom essay sample on Economics: The Functions of Money or any similar topic only for you Order Now Money’s most important function is as a medium of exchange to facilitate transactions. Without money, all transactions would have to be conducted by barter, which involves direct exchange of one good or service for another. The difficulty with a barter system is that in order to obtain a particular good or service from a supplier, one has to possess a good or service of equal value, which the supplier also desires. In other words, in a barter system, exchange can take place only if there is a double coincidence of wants between two transacting parties. Store of value. In order to be a medium of exchange, money must hold its value over time; that is, it must be a store of value. If money could not be stored for some period of time and still remain valuable in exchange, it would not solve the double coincidence of wants problem and therefore would not be adopted as a medium of exchange. 2. Explain why gold no longer performs the functions of money in the British economy? (5) The point of the gold-exchange standard is that it cannot last; the piper must eventually be paid, but only in a disastrous reaction to the lengthy inflationary boom. As sterling balances piled up in France, the U. S. , and elsewhere, the slightest loss of confidence in the increasingly shaky and jerry-built inflationary structure was bound to lead to general collapse. Thus the failure of inflated banks throughout Europe, and the attempt of hard money. France to cash in its sterling balances for gold, led Britain to go off the gold standard completely. Britain was soon followed by the other countries of Europe. The gold exchange standard was one of the elite collectivist bankers crowning accomplishments. But more coups were yet to come. In 1933 the bankers convinced Roosevelt to call in all private holdings of gold – essentially taking the money of the people. Gold was outlawed. Paper money was no longer redeemable in gold. This is why gold is not considered money in Britain. 3. Why are credit cards not money? (4) Money, in any form, is generally recognized as a very liquid asset, that is an asset that can be quickly converted to cash or used as cash Credit cards work in the same manner as a loan. If you buy an item using a credit card, the credit card company will pay the shopkeeper today and you will have an obligation to pay the credit card company when your credit card bill comes in. This obligation to the credit card company does not represent money. The money part of the transaction between you and the credit card company only comes into play when you pay your bill. So credit cards are not considered to be money. 4. Why is money in the current account of banks considered as money? (4) We have different types of accounts; savings accounts, current accounts and so on. But in this case, the bank rather takes the money you are supposed to receive as interest from you. That interest becomes a source of income to the bank. 5. What would you expect to happen to the rate of interest if money supply increases? Why? Draw a Diagram. (12) If money supply increases, the rate of interest will decrease. This is because the more money is available, the more loans are available. Competition for borrowers reduces the real interest rate. The NOMINAL interest rate may increase if the increase in the real money supply causes inflation. But in the short run, the interest rate falls, but as prices rise the interest rate will rise up again How to cite Economics: The Functions of Money, Papers

Mental Illness - A Novel Approach free essay sample

This paper presents an in-depth look at mental illness using two stories Sybil and I Never Promised You A Rose Garden, each details a different type of mental illness. This paper presents an in-depth look at mental illness using two stories Sybil and I Never Promised You A Rose Garden, each detail a different type of mental illness. The two types, MPD and schizophrenia are often confused with each other. From the paper: Mental illness has been with us since the beginning of time. There are many types of mental illness and they vary in severity and duration. Two of the most misunderstood and often misdiagnosed mental illnesses are Multiple Personality Disorder and Schizophrenia. These disorders are often confused with one another. If we examine the characteristics of each one we will see where their differences are and how they are treated. There are two movies that underscore the ramifications of the disorders and the treatment options of them both. We will write a custom essay sample on Mental Illness A Novel Approach or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Sybil and I Never Promised You a Rose Garden are both portrayals of mental illness in women and how that illness affected their lives and families.