Essay on Poverty and Personal Choice - 1378 Words

Do the poor in this country have a choice not to be poor? Do the less fortunate have the same access to opportunities as the middle and upper classes? Do government programs designed to help the impoverished actually keep them in the lower ranks? These are all difficult and controversial questions. Conservatives and Liberals constantly battle over these issues in our state and federal governments. Local and national news media provide limited insight to the root causes and effects of the nation’s poor. There is obviously no simple solution to resolve the plight of these often forgotten citizens. Most of us associate poor as being in a class below the poverty line. In fact there are many levels of poverty ranging from those with†¦show more content†¦I feel safe to assume these families are also choosing not to use birth control. Again, this would seem to be an unwise personal choice considering the lack of family planning can and does result in unexpected preg nancies and births. Combine the staggering rate of divorce that leave many families with a single head of household, and it becomes clear the poor are contributing to their own problem. How does one who can barely afford their own living expense justify adding more burden to an already heavy load? Growing up in a poor family from a low income neighborhood does place immediate challenges on our nation’s youth. Being born into this class is not the choice of the child, but they are none the less faced with an uphill battle. These children must compete in an environment that suburban and higher social class children often don’t. Lower income and poor neighborhood families face nutrition issues, sub-standard education, crime and pollution. All of which their distant middle and upper class peers seldom see. With limited resources, these underprivileged children must work harder and strive more to succeed. Stories from Rereading America echo this in a number of sampl es. Anyon’s â€Å"Social Class† exposed education problems based on income levels. Rodriguez’ â€Å"The Achievement of Desire† showed how he rose above hisShow MoreRelatedThe Poverty Of The United States955 Words   |  4 PagesInterview 1 When questioned what poverty is V. Martin defined poverty as â€Å"The inability to financially meet the daily basic needs of oneself or ones family† (personal communication, June 17, 2015). V. Martin added to her definition of poverty stating that people who are living in poverty have a difficult time meeting their basic needs for food, shelter, and clothing due to the amount of income that person has (personal communication, June 17, 2015). â€Å"Overall poverty means the same for each communityRead MorePoverty, An Explanation For Poverty883 Words   |  4 PagesAs poverty continued to spread throughout the United States, an explanation for poverty was to be expected. Generally, poverty is the lack of resources to supply basic needs. However, there are various competing ways to determine the reason for poverty. One view is individual-focused explanations which targets the personal responsibility of the individual in determined their place in a poverty-stricken life. While the opposite view is a structure-focused explanation that primarily blames the society’sRead MoreExposing the Plight of the Mapuche954 Words   |  4 Pageshow we make peace. These are the words of Maria Teresa, a Mapuche woman from the Nalche region in Chile. The words are deceptively positive in the light of the situation faced by the people Maria Teresa represents. They face a frightening loop of poverty controlled by government and business forces. It is a chain that appears unbreakable from an external perspective. Indeed, the community faces challenges on a number of divergent scales, including the political and social arenas. The needs of theRead MorePlanning Leisure Activities for Disadvantaged Groups Essay1688 Words   |  7 Pagespsychological benefits of leisure, young people with a disability face multiple sociological barriers to leisure choices and participation. When looking at leisure from a sociological perspective it is apparent that poverty restricts invo lvement in leisure choice and participation, which goes beyond the impacts of disability alone. The high cost of travel experiences can limit leisure choices, and the inability to participate in leisure consumption can result in social stigma and shame. At the same timeRead MoreLevel 3 Diploma998 Words   |  4 Pagesgoals and aspirations * Disability; unable to access certain services or activities * Poverty; poor health and hygiene, lack of activities and experiences being accessed * Housing; poor health, unable to develop fully. * Offending behaviour; convictions, effecting social ties and job opportunities * Health status; effect social ties, education, job opportunities * Personal choice; effect social ties, education, job opportunities, crime * Family expectations; effect socialRead MorePersuasive Essay On Poverty1454 Words   |  6 PagesThe definition and viewing of poverty is a topic that many find highly debatable and close to the heart. Poverty is what most people see as not having enough to live on, and struggling to get anything more. Race and location are often looked at in conjunction to poverty. The author of the first article, McMillian, focuses on redefining poverty to a general audience by limiting her word choice and choosing a more personal appeal to the intended audience. In the other article, the authors Fram, Miller-CribbsRead MorePoverty Is The Lack Of Adequate Choices Within Important Life Decisions993 Words   |  4 PagesWhat is poverty? In general, poverty is the lack of adequate choices within important life decisions—absence of freedom to be or to do what one wants. The inevitable result of poverty is insufficiency and deprivation of life: †¢ Unable to provide the basic necessities of life †¢ Illness and an early death †¢ Education levels that limit one’s comprehension of the world and oneself, literacy less than functioning †¢ Living conditions that decay physical and mental health †¢ Dead-end jobs and atRead MoreWhat Should A Billionaire Give?1212 Words   |  5 Pagesshould be their choice, not for the purposes of easing a guilty conscience or for public notoriety. If wealthy Americans were mandated to make contributions to relieve poverty, that should be optional and secondary to eliminating poverty in the United States. According to the U.S. Department of Housing and Urban Development, nearly 565,000 people were homeless in the United States in 2015! I am not suggesting that we shouldn’t assist or contribute to global efforts to end poverty. We can contributeRead MoreCurrent Poverty Of The Uk1490 Words   |  6 PagesCurrent poverty in the UK is measured in terms of relative poverty. Townsend who is known for his work on relative poverty describes it as â€Å"Their resources are so seriously below those commanded by the average individual or family that they are, in effect, excluded from ordinary living patterns, customs and activities† (Townsend, 1979) To measure if someone is living in relative poverty they have to be earning under 60% of the average household income, it was estimated that in 2013/14 13.2 millionRead MorePoverty Of America And Ireland1630 Words   |  7 Pagespopulation lives on less than $1.25 daily. Poverty can be displayed and treated in different ways, like the way it is measured or the way assistance is delivered. To provide evidence of this, the poverty in the countries of America and Ireland will be compared. From the Merriam-Webster dictionary, poverty is defined as â€Å"the state of one who lacks a usual or socially acceptable amount of money or material possessions.† In most communities, people who suffer in poverty are those that go without water, food

Research Design and Methodology for Business Decision - Free Essay Example

Sample details Pages: 12 Words: 3594 Downloads: 2 Date added: 2017/09/24 Category Advertising Essay Type Narrative essay Did you like this example? 2. 1 INTRODUCTION OF RESEARCH REPORT: What is Research Design? Research design can be thought of as the structure of research – it is the glue that holds all of the elements in a research project together. There are many definitions of design, but no single definition imparts the full range of important aspects. 2. 2 BACKGROUND OF THE RESEARCH REPORT Company wants to know that quality of product is under control limits or not and they want to detect assignable causes of variation and to remove those because the following reason. . They face the difficulty in the consistency in the quality. Company keeps the eye on the ISO-9001 certification implementation, so they want to check the quality assurance. They are facing the high rework cost due to performance, features, reliability, conformance durability, serviceability of product, when they not met their standard specification. 17 SIEM/FM 2. 3 LITERATURE REVIEW Quality control According to American society for quality control, â€Å"quality is the totality of features and satisfies stated or implied needs. †The process of monitoring specific activities to determine the compliance of their quality with relevant quality standards and identifying ways to eliminate causes of nsatisfactory performance is called quality control. Organizations lay a lot of emphasis on the concept of quality control. Most organizations design their own quality control programs to check any defects in the products or services. Statistical quality control Statistical quality control is a number of different techniques designed to evaluate quality from a conformance view. SIGNIFICANCE In our company maintain the many criteria which we can say the many significance of the statistical quality control like: 1. SQC as a competitive tool 2. SQC as a statistical control process 3. SQC as a improving quality by control charts 18 SIEM/FM OVERVIEW OF CONTROL CHARTS If analysis of the control chart indicates that the proce ss is currently under control (i. e. is stable, with variation only coming from sources common to the process) then data from the process can be used to predict the future performance of the process. If the chart indicates that the process being monitored is not in control, analysis of the chart can help determine the sources of variation, which can then be eliminated to bring the process back into control. A control chart is a specific kind of run chart that allows significant change to be differentiated from the natural variability of the process. The control chart can be seen as part of an objective and disciplined approach that enables correct decisions regarding control of the process, including whether or not to change process control parameters. Process parameters should never be adjusted for a process that is in control, as this will result in degraded process performance. The control chart is one of the seven basic tools of quality control. CHART USAGE: If the process is in control, all points will plot within the control limits. Any observations outside the limits, or systematic patterns within, suggest the introduction of a new (and likely unanticipated) source of variation, known as a special-cause variation. Since increased variation means increased quality costs, a control chart signaling the presence of a specialcause requires immediate investigation. This makes the control limits very important decision aids. The control limits tell you about process behavior and have no intrinsic relationship to any specification targets or engineering tolerance. In practice, the process mean (and hence the center line) may not coincide with the specified value (or target) of the quality characteristic because the process design simply cant deliver the process characteristic at the desired level. 19 SIEM/FM Control charts limit specification limits or targets because of the tendency of those involved with the process (e. g. , machine operators) to foc us on performing to specification when in fact the least-cost course of action is to keep process variation as low as possible. Attempting to make a process whose natural center is not the same as the target perform to target specification increases process variability and increases costs significantly and is the cause of much inefficiency in operations. Process capability studies do examine the relationship between the natural process limits (the control limits) and specifications, however. The purpose of control charts is to allow simple detection of events that are indicative of actual process change. This simple decision can be difficult where the process characteristic is continuously varying; the control chart provides statistically objective criteria of change. When change is detected and considered good its cause should be identified and possibly become the new way of working, where the change is bad then its cause should be identified and eliminated. The purpose in ad ding warning limits or subdividing the control chart into zones is to provide early notification if something is amiss. Instead of immediately launching a process improvement effort to determine whether special causes are present, the Quality Engineer may temporarily increase the rate at which samples are taken from the process output until its clear that the process is truly in control. Note that with three sigma limits, one expects to be signaled approximately once out of every 370 points on average, just due to common-causes. 20 SIEM/FM 2. 4 RESEARCH OBJECTIVE Core objective: To know the quality of the product are under control limit or not. Sub objective ? As per the ISO-9001 implementation the company wants to maintain the quality of the product and also wants some improvement in it. ? To measure the quality characteristics of the products with standard. ? To measure the attribute and the variables of the product that the match the std. or not. To measure daily variation in the samples in fraction that how much variance of them with actual. ? To decide whether specification limits are consistence with the process limit or not 21 SIEM/FM 2. 5 METHODOLOGY RESEARCH DESIGN: For the research purpose I have done the research on how the quality of the product is maintained and observe it with the variables and the attribute design. I just analysis with the various dimension like p chart, c chart, chart, R chart As per observation approach I have selected process or activity analysis of non behavior and nonverbal behavior method of behavior approach are best suitable of our problem. SAMPLE DESIGN: The target population is total No. of days and Units (industrial blades) SAMPLING METHOD: For observation study, we select Random sampling (probability method). ? Construction of the observation studies: Types of study: There are two types of studies Simple Systematic As in systematic observation, I required scientific instrument and training for observation but t o these limitations, I selected simple observation study. 22 SIEM/FM 2. 6 DATA COLLECTION The data collection plan prescribes detail of the task. In essence it answers the questions who, what, when. Who? I solely observe and collected data at Ravi sunrise Industries What? I have observed and collected data about work: Variables Data Of sample unit Length Width Thickness Attributes of sample units Data of sample through which the is reject/accept or go/no-go When? Time of study is important because many situational factors affect validity and reliability of study. I have collected data at time of regular production, which free from situational problem facing like stock out, any kind accidents, strikes etc. I have collected data from 21th to 30 June during idle time. 23 SIEM/FM 2. 7 ASSUMPTION OF THE PROJECT:- My study is based on some assumption are as under†¦Ã¢â‚¬ ¦. The samples are the perfect and reliable sample of the population. There are no external factors (environm ent) affecting to the production. There are limited sample size and time for research. Project is carried with time and money constraints. The std. deviation is 3 (99. 7%). ( recommendation by company) 24 SIEM/FM 2. 8 DATA ANALYSIS 2. 8. 1 TYPES OF CONTROL CHARTS Quality control techniques (charts) FOR ATTRIBUTE FOR VARIABLES P CHART C CHART CHART R CHART 2. 8. 2 CONTROL FOR ATTRIBUTE CHARTS In statistical quality control, the p-chart is a type of control chart used to monitor the proportion of nonconforming units in a sample, where the sample proportion nonconforming is defined as the ratio of the number of nonconforming units to the sample size. The p-chart only accommodates pass/fail-type inspection as determined by one or more go-no go gauges or tests, effectively applying the specifications to the data before theyre plotted on the chart. Other types of control charts display the magnitude of the quality characteristic under study, making troubleshooting possible directly from those charts. In many situations, quality measurements are expressed as attributes (good or bad etc. ). In such situation, the percent defective chart (p chart) or the number of defectives per sample area (c chart) are considered to be more suitable control charts to control the quality. 25 SIEM/FM Both charts convey a similar type of information, but p charts is based on normal distribution, summarized below. P CHART The other name for p – chart is percent defective charts. The purposes of the charts are summarized blow. a) To discover the average proportion of non-conforming articles or parts submitted for inspection over a period. b) To bring to the management attention, if there is any change in average quality level. The formulas for the control limit are as follows UCL = +3 OR UCL = + 3 Sp LCL = -3 OR LCL = 3 Sp = Total no of defects from all samples No. of samples X sample size = 23 40 = UCL LCL 0. 0575 = 0. 092419 = 0. 022581 26 SIEM/FM ANNEXURE- I SAMPLE (IN DAYS) 1 2 3 4 5 6 7 8 9 10 NO OF INSPECTED 40 40 40 40 40 40 40 40 40 40 400 DEFECTS 2 3 1 2 3 3 2 2 1 4 23 FRECTION (%)DEFECTIVE 0. 05 0. 075 0. 025 0. 05 0. 075 0. 075 0. 05 0. 05 0. 025 0. 1 P CHART 0. 12 0. 1 0. 08 0. 06 0. 04 0. 02 0 1 2 3 4 5 6 7 8 9 10 10th observation is out of control limit so situation is out of control FRECTION DEFECTIVE UCL LCL 27 SIEM/FM INTERPRITATION (p chart): One sample point increased variation means increased quality costs, a control chart signaling the presence of a special-cause requires immediate investigation. That means the assignable auses of variation must be found out and removed. The sample no 10 is outside of control limit. So we can say that on that day the quality is out of control. And the sample no. 3and 9 is also very near to cross the LCL so we can say that on those days the quality is very good at all level. We can also observe that day is affected the all days of the observation. We also found that continuity of the quality i s not maintained by the company. On 9 th day the quality is very good near the LCL (Lower Control Limit) and 10 th day the quality is out of control. 28 SIEM/FM C CHART: This chart applies to the number nonconformities in the samples of constant size. C is a variable representing the number of nonconformities (defects) in each sample. Usually, the sample size is considered to be one. The control limit of this chart is based on the poison distribution. When the no. of defects per unit can be counted, c chart can be draw. In statistical quality control, the c-chart is used to monitor count-type data, typically total number of nonconformities per unit. It is also occasionally used to monitor the total number of events occurring in a given unit of time. The c-chart differs from the p-chart in that it accounts for the possibility of more then one nonconformity per inspection unit. The p-chart models pass/fail-type inspection only. Nonconformities may also be tracked by type or loca tion which can prove helpful in tracking down assignable causes. Some application of C- Chart is listed below. To control the number of non conforming rivets in an aircraft wing. To control the number of imperfections observed in a galvanized sheet. To control the number of surface imperfections on a large casting Equation UCL = LCL = +3 -3 = 1. 45 UCL = 5. 6 LCL = -2. 16248 NOTE: If the value of LCL (lower control limit) is in negative (-) so it is taken as a zero 29 SIEM/FM ANNEXURE- II NO OF SAMPLE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 NO OF DEFECT 2 1 2 1 3 2 1 3 0 2 1 0 2 1 0 2 1 2 1 2 6 5 4 3 2 1 0 C Chart The quality is under control limit and some points are very good at quality i. e. 10th, 13th and 16th No of Defect UCL LCL 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 30 SIEM/FM INTERPRETATION (C chart): As all the points fall within the control limits, the process may be regarded in statistical control. Only chance variations are present in process . Again the two points are very good on quality but the continuity is not available. The 3 point (observation days) 10 th, 13th, 16th are very good in the quality. On that day the quality is very good So from the chart we can interpret that the units are the no of defects of the units are in the control limit but in future to maintain it use the corrective measure. 31 SIEM/FM 2. 8. 3 VARIABLE CONTROL CHART Chart and R chart is calculated for the different dimension (variables) of the products. Variable data are continuous in nature and are measurable on a sliding scale. These data can have rage of values and provide more information than the attribute data. Examples of variable data are: dimension, voltage, weight, length etc. The chart actually consists of a pair of charts: One to monitor the process standard deviation (as approximated by the sample moving range) and another to monitor the process mean, as is done with the and s and individuals control charts. The and R chart pl ots the mean value for the quality characteristic across all units in the plus the standard deviation of the quality characteristic across all units in the sample, sample as follows: R = xmax xmin. The normal distribution is the basis for the charts and requires the following assumptions: The quality characteristic to be monitored is adequately modeled by a normallydistributed random variable The parameters ? and ? for the random variable are the same for each unit and each unit is independent of its predecessors or successors The inspection procedure is same for each sample and is carried out consistently from sample to sample As per the name indicates, these charts will use variable data of a process. Chart gives an idea of the central tendency of the observations. These charts will reveal the variation between sample observations. R chart gives an idea about the spread (dispersion) of the observation. This chart shows the variation within the sample. These charts use when we want the deep analysis of the variations. There are three variable (dimensions) for the quality objective which we can measure. 1. Length 2. Width 3. Thickness We had done an every particular control limit analysis as below. 32 SIEM/FM FOR LENGTH CHART UCL = LCL = +A2 A2 = A2 = UCL = LCL = 228. 69 0. 58 229. 762 227. 6184 ANNEXTURE- III FOR LENGTH UNIT IN SAMPLE SAMPLE DAYS/UNITS 1 2 3 4 5 6 7 8 9 10 1 229. 77 229 227. 5 228. 5 228. 4 227. 86 228. 43 228. 4 228. 85 229. 2 228. 56 229. 73 227. 43 229. 52 227. 8 229. 35 227. 89 228. 29 229. 64 227. 74 3 229. 81 228. 5 228 228 230 228 228. 5 229 228. 75 229. 14 4 228. 5 229. 5 229 228. 15 229. 5 227 228 228 230 227. 5 5 229 228 230 229. 5 228 228. 5 229. 5 227. 5 229. 5 230 = 228. 69 Average 229. 128 228. 946 228. 386 228. 734 228. 74 228. 142 228. 464 228. 238 229. 348 228. 776 RANGE 1. 25 1. 73 2. 57 1. 52 2. 2 2. 35 1. 61 1. 5 1. 25 2. 5 =1. 848 NOTE: A2 value table value which is std. for the 5 samples. 33 SIEM/FM CHART (LENGTH ) 230 229. 5 229 AVERAGE UCL LCL 228. 5 228 227. 5 227 226. 5 1 2 3 4 5 6 7 8 9 10 INTERPRETATION These sample quality is called better in those samples only those which sample are near the average. Those all samples are insignificant which are near the UCL LCL. And From the variation analysis we found in length at chart all the points are under the control limit. The observation no. 4th, 5th and 10th are very good from the quality point of view. But it is stated from the above chart 2 points are near the CL so the causes for that should be found it stated that company have to control it. For the ISO 9001 certification it is necessary to maintain the control limit of variable continuously. 34 SIEM/FM R CHART UCL =D4 LCL =D3 = D3 = D4 = UCL = LCL = 1. 848 0. 00 2. 11 3. 89928 0 4. 5 4 3. 5 3 2. 5 2 1. 5 1 0. 5 0 R CHART(LENGTH) LENGTH 1 3. 89 0 1. 84 2 1. 73 3. 89 0 1. 84 3 2. 57 3. 89 0 1. 84 4 1. 52 3. 89 0 1. 84 5 2. 2 3. 89 0 1. 84 6 2. 35 3. 89 0 1. 84 7 1. 61 3. 89 0 1. 84 8 1. 5 3. 89 0 1. 84 9 1. 25 3. 89 0 1. 84 10 2. 5 3. 89 0 1. 84 RANGE 1. 25 UCL LCL INTERPRETATION The same in the r chart if the sample points are near the UCL LCL then the product will be insignificant for the company quality in future. The Length R chart is not out of the limit, but the variation of the samples is again continued. We can say from the observation that company should have to find the causes behind the variation which are continuing. NOTE: D4 D3 value are table value which is std. for the 5 samples. 35 SIEM/FM FOR WIDTH CHART UCL = LCL = +A2 A2 = A2 = UCL = LCL = 103. 346 0. 58 104. 4277 102. 2643 ANNEXTURE- IV FOR WIDTH UNIT IN SAMPLE SAMPLE DAYS/UNITS 1 2 3 4 5 6 7 8 9 10 1 103 103. 5 102. 25 103. 75 102. 95 104. 86 103. 95 103. 67 103. 45 104. 01 2 103. 19 104. 05 103. 15 103 102. 64 102. 97 102. 95 102. 89 102. 69 103. 87 3 102. 99 102. 81 101 105. 1 103. 25 103. 95 102. 61 103. 61 104. 2 106 4 103. 87 103. 25 103. 37 103. 44 102. 65 104. 1 104 102. 5 103. 6 103. 89 5 104 102. 25 103 103. 87 102. 95 102. 25 102. 89 104 102. 95 102. 25 AVERA GE 103. 41 103. 172 102. 554 103. 832 102. 888 103. 608 103. 28 103. 334 103. 378 104. 004 RANGE 1. 01 1. 8 2. 37 2. 1 0. 61 2. 61 1. 39 1. 5 1. 51 3. 75 = 103. 346 =1. 865 NOTE: A2 value table value which is std. for the 5 samples. 36 SIEM/FM CHART (WIDTH) 105 104. 5 104 103. 5 103 102. 5 102 101. 5 101 Average UCL LCL 1 2 3 4 5 6 7 8 9 10 INTERPRETATION For the width control limit all the points in chart are under the control limit. And the observation no. 1st, 7th, 8th and 9th are very good from the quality point of view. We found that on the 3rd and 10th day of observation the quality is bad which is near the UCL. It is apprehensive for the company. 37 SIEM/FM R CHART UCL LCL = = D4 D3 1. 865 D3 = D4 = UCL = LCL = 0. 00 2. 11 3. 93515 0 4. 5 4 3. 5 3 2. 5 2 1. 5 1 0. 5 0 RANGE UCL LCL R CHART(WIDTH) WIDTH 1 1. 01 0 1. 865 2 1. 8 0 1. 865 3 2. 37 0 1. 865 4 2. 1 0 1. 865 5 0. 61 0 1. 865 6 2. 61 0 1. 865 7 1. 39 0 1. 865 8 1. 5 0 1. 865 9 1. 51 0 1. 865 10 3. 75 0 1. 865 3. 9351 3. 9351 3. 9351 3. 9351 3. 9351 3. 9351 3. 9351 3. 9351 3. 9351 3. 9351 NOTE: D4 D3 value are table value which is std. for the 5 samples. 38 SIEM/FM INTERPRETATION From the above observation of the sample of 10 days we found that at 10 th day the quality is very near to upper control limit. The upper control limit is range is 3. 93 and the quality observation on that day is 3. 75 range measures which is insignificance for the company. We can say it is huge difference of width (dimension) from the any observation day. The company should have to find out the variation causes for that to maintain the quality in future. 39 SIEM/FM FOR THIKNESS CHART UCL = LCL = +A2 A2 22. 4296 A2 = UCL = LCL = 0. 58 23. 46432 21. 39488 ANNEXURE V FOR THIKNESS UNIT IN SAMPLE SAMPLE DAYS/UNITS 1 2 3 4 5 6 7 8 9 10 1 22. 5 22. 35 21. 57 22. 53 22. 64 24. 65 22. 35 22. 35 24. 02 22. 35 2 21. 95 22. 13 21. 68 21. 89 22. 13 21. 88 22. 6 22. 13 21. 68 22. 45 3 24. 02 21. 86 21. 87 22. 13 22. 35 22. 43 24. 02 22. 79 22. 83 21. 68 4 21. 68 21. 29 22. 35 22. 47 22. 41 21. 89 22. 13 22. 35 21. 9 22. 13 5 22. 35 22. 6 24. 02 23. 6 23. 38 22. 46 21. 87 21. 89 22. 35 22. 55 Average 22. 5 22. 046 22. 298 22. 524 22. 582 22. 662 22. 594 22. 302 22. 556 22. 232 =22. 4296 RANGE 2. 34 1. 06 2. 45 1. 71 1. 25 2. 77 2. 15 0. 9 2. 34 0. 87 =1. 784 NOTE: A2 value table value which is std. for the 5 samples. 0 SIEM/FM CHART(THIKNESS) 24 23. 5 23 22. 5 22 21. 5 21 20. 5 20 1 2 3 4 5 6 7 8 9 10 AVERAGE UCL LCL INTERPRETATION From the above observation of the sample of 10 days we found all the points in chart are within the control. All the points in chart are very good representative of best quality. 41 SIEM/FM R CHART UCL LCL = = D4 D3 = D3 = D4 = UCL = LCL = 1. 784 0. 00 2. 11 3. 76424 0 R CHART (THIKNESS) 4 3. 5 3 THIKNESS 2. 5 2 1. 5 1 0. 5 0 RANGE UCL LCL 1 2 3 4 5 6 7 8 9 10 2. 34 0 1. 784 1. 06 0 1. 784 2. 45 0 1. 784 1. 71 0 1. 784 1. 25 0 1. 784 2. 77 0 1. 784 2. 15 0 1. 784 0. 9 0 1. 784 2. 34 0 1. 784 0. 87 0 1. 784 . 76424 3. 76424 3. 76424 3. 76424 3. 76424 3. 76424 3. 76424 3. 76424 3. 76424 3. 76424 INTERPRETATION All the points on r chart are between the controls limits. The process is under control with respect to range. Thus variation between samples is significant, while variation within samples is insignificant. Assignable causes may be present. They should be found out and removed. NOTE: D4 D3 value are table value which is std. for the 5 samples. 42 SIEM/FM FINDINGS Control charts are not maintained earlier by company, so all the benefits of that is not known by the company I found that the p-chart is out of control. So we can say that process or nonconformity of the units is 5 % in 400 samples which is insignificance for the ISO implementation at company. I find from the observation study on quality control that company is doing well in the quality. Appro ximately at all level of Control Limit Company quality is under control. The continuity of quality of sample is far at all level in all control charts. In any chart the continuity is not available. There is much variation we found in all the dimension at all level We found that company is facing a problem of reworking quality cost for the defective sample which consuming both time and cost. 3 SIEM/FM RECOMMENDATION: The company have to find out the reason for the some points which are out of control which is very useful and necessary for the ISO implementation The company should need one quality department which does not presently exist in the company the all quality is check by the supervisor, the department/ the general manager. I must say that it gives the benefits to the company. Another problem I found that the control charts should be made by the company it is very useful and helpful to achieve the quality objective. It also gives the idea about how much limit the company can bear the variation in the units. From the research report I found that the quality is under control, which favours the ISO certification. The process control chart should be improved with immediately. With the help of remove the 10th day observation company can find the actual control limit and also cause behind insignificant quality of products. Company should transfer from Traditional Measuring Approach to Modern measuring approach by investing tools Like Digital Verner, digital meter gauge etc. 44 SIEM/FM CONCLUSION As the trainee I found that company is establish there image in the market very tremendously from their quality only. The quality is the main weapon for the Ravi sunrise Industries to be stable in the competitive world. For the more global export the company is taking the ISO certification. During the research repot on the company I found that the company is quite much better in their quality. So they can take the ISO certification we can ensure that company wil l not face any problem to implement it. We found that company is growing every year 40%. The company is providing all types of infrastructure facility for all the workers. 45 SIEM/FM BIBLIOGRAPHY Books Used Author- Donald R Cooper Book- Business Research Methods Publisher– TATA MCGRAW HILL Edition– 9th Author- R. Panneerselvam Book- production operation management Publisher– PHI Edition– 2nd Author- Chase and Jacobs Book- production operation management Publisher– VIKAS PUBLISHING Edition– 9th Websites www. ravisunrideblades. com www. Tradeindia. Com www. wikipedia. com 46 SIEM/FM ANNEXURE ANNEXURE- I (The no. of defectives in fraction from the inspected 40 units. ) SAMPLE 1 2 3 4 5 6 7 8 9 10 NO OF INSPECTED DEFECTS 47 SIEM/FM ANNEXURE- II (The data for c chart for the No. f defectives in each unit) NO OF SAMPLE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 NO OF DEFECT 48 SIEM/FM ANNEXTURE- III (No. of 5 samples length measuremen t for the 10 days) FOR LENGTH UNIT IN SAMPLE (5 nos) SAMPLE DAYS /NO. 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 49 SIEM/FM ANNEXTURE- IV (No. of 5 sample measurement for the 10 days in dimension WIDTH) FOR WIDTH UNIT IN SAMPLE (5 nos) SAMPLE DAYS /NO. 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 50 SIEM/FM ANNEXURE V (No. of 5 sample measurement for the 10 days in dimension THICKNESS) FOR THICKNESS UNIT IN SAMPLE (5 nos) SAMPLE DAYS /NO. 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 51 SIEM/FM Don’t waste time! Our writers will create an original "Research Design and Methodology for Business Decision" essay for you Create order

Application Essay Sample - 892 Words

ThedaCare’s School of Radiologic Technology, my first choice of a hospital-based program, offers students a concentration of courses and an array of learning opportunities. With a 100% pass rate in the past 50 years and a rank in the top ten in the nation for boards, I am honored to submit my application to the ThedaCare’s School of Radiologic Technology Program. From the school visit at University of Wisconsin – Oshkosh, I was impressed with ThedaCare’s in-depth program explanation, notably the CT course, and the one-to-one ratio of learning during clinical rotations. My dedication to my education, work experience, and volunteer work would make me a great addition to ThedaCare’s School of Radiologic Technology. At De Pere High School, I†¦show more content†¦The experience with Dr. DeNamur and viewing my own images of the inside of my own foot’s bones and nerves began my interest in the Radiologic Technology field of study. As a coll ege student, I declared my Radiologic Sciences major at the University of Wisconsin-Oshkosh my sophomore year after I shadowed at Aurora BayCare Medical Center Radiology Department in Green Bay. The four-hour shadow offered me a first-hand look into a Radiologic Technologists typical day-to-day responsibilities. I know Radiologic Technology is my career choice and I will be a dedicated and compassionate technician. While I was taking classes throughout high school, at the University of Wisconsin-Green Bay, and the at the University of Wisconsin-Oshkosh, I have had multiple jobs that have helped me to continue grow as a person. For four summers, I was a nanny to children with ages ranging from one to nine years of age. The experience taught me the importance of the quality level of care needed to fulfill the needs of the children in my care. Ensuring a safe and clean environment, preparing and giving meals, administering medicine, driving children to and from activities, teaching good manners, bathing and dressing children, and maintaining specific schedules were some of my responsibilities. These valuable skills will help me with Radiologic Technology career. In addition to nannying, I was the University of Wisconsin-Green Bay Phoenix’s Athletics Department’s Assistant while attending myShow MoreRelatedApplication Essay Sample1080 Words   |  5 Pagesgroup homogenously or he terogeneously (30 minutes) Teacher introduces next part of the project. Keep students in groups to help each other as they are writing their draft application essays. Circulate the room, assisting students as necessary. Students will use their profile to assist them in writing their application essay. Students will write a first draft, do 2 peer reviews, and a final draft.* *You can also have students type this information. Set up computers or bilingual dictionariesRead MoreSample Of Application Essay1099 Words   |  5 Pageswork as a tutor, I completed a tutoring induction program (TIP), acquiring important skills for teaching undergraduate students, including administrative taks, preparation of classes, IT and assessment. Following a blended learning approach, the application of computer-based activities and technology, such as online discussion forums, YouTube, online assignments and materials, PowerPoint, lecture recordings and Skype complement face-to-face teaching, further promoting meaningful learning for both on-Read MoreApplication Essay Sample873 Words   |  4 Pages over the past couple years Ive been on the server Ive come to love the community and have thoroughly enjoyed my time here. Now it is my chance to provide that same love and support back in a new role as potential staff. As you can see in my application I show sooo much dedication to servers and I cant wait to play will yall an d I hope I can be accepted! Love you all have a good day !Yea Why should we accept you? Here are my good attributes: Helpful: Theres no point into becoming one ifRead MoreApplication Essay Sample1725 Words   |  7 Pagesout of going back to school and getting my Ph.D. for a few years now, and after the year I have had, if the timing is not right now then when would it be? So I decided to request information that afternoon, by that evening I was filling out my application for admissions! On December 25th, 2017 I officially started my journey for the Doctor of Philosophy in Business Administration Program specializing in Advanced Accounting. Choosing to start my Ph.D. program was a huge step for me! As I have learnedRead MoreApplication Essay Sample739 Words   |  3 PagesI am applying for the both Greater Charlotte Market Fellowship (2) and the System Level Fellowship (1). I feel that both fellowships will help me to accomplish my goals. I am someone that others regularly go to for help in any situation they are encounter. Whether it be problems with their computer or in their personal, others feel that they can come to me and that I will always do everything I can to help them no matter the situation they are in at the time. In any work environment, I have beenRead MoreMotivation Application Essay Sample789 Words   |  4 PagesI am writing to apply for the PhD program, Neuroscience, at the University of Miami’s Miller School of Medicine (UMMSM). I am a graduate of Montclair State University, NJ, with a double major in biology and psychology. I have completed my high school in a war-torn country, Afghanist an. In 2006, after high school, alongside, it was not safe for women, I did not have adequate for options to continue my higher education in sciences. Therefore, it was feasible to start working for international organizationsRead MoreSample Statement Of Application Essay854 Words   |  4 PagesTo , The Case Officer, Department of Immigration and Border Protection Student Visa Section Sydney, Australia Ref: Statement of Purpose Dear Sir/Madam, My name is Malik Waqas Javed and I am currently studying Master of Professional Accounting in Kings Own Institute under student visa subclass -500. I have nearly completed more than 70% of my current course. I came to Australia in 07/11/2014to study Master of Commerce Management in Raffles college of Design and Commerce in Sydney. AfterRead MoreLeadership Application Essay Sample981 Words   |  4 Pageslevel. No matter where my career takes me thou, I hope to improve the Hospitality Industrys sustainability standards and push for lower waste and more eco-friendly products, services and business structures. Since my last Foundation Scholarship application, I have contributed additional volunteer service at the Happehatchee Center in Estero Florida. My service there continued into this past summer where I aided the program director at the times initiatives to increase hospitality events at the siteRead MorePurdue Owl Essay Writing1163 Words   |  5 PagesOutlines Ideally, you should follow these four suggestions to create an effective outline. The examples are taken from the Sample Outline handout. Parallelism - How do I accomplish this? Each heading and subheading should preserve parallel structure. If the first heading is a verb, the second heading should be a verb. Example: 1. Choose Desired Colleges 2. Prepare Application (Choose and Prepare are both verbs. The present tense of the verb is usually the preferred form for an outline) CoordinationRead MoreEssay for applic749 Words   |  3 PagesÃ'Æ'Ã'€Ð ¾Ã ²Ã µÃ ½Ã'Å' Ð °Ã ½Ã ³Ã »Ã ¸Ã ¹Ã' Ã ºÃ ¾Ã ³Ã ¾. ИÐ ½Ã ½Ã ¾Ã ²Ã °Ã'†Ð ¸Ã ¾Ã ½Ã ½Ã'‹Ð ¹ КÐ µÃ ¼Ã ±Ã'€Ð ¸Ã ´Ã ¶Ã' Ã ºÃ ¸Ã ¹ Ã'‚Ð µÃ' Ã'‚. For years the Common Application had no length limit, and applicants and counselors frequently debated whether a tight 450-word essay was a wiser approach than a detailed 900-word piece. In 2011, that decision was taken away as the Common Application moved to a relatively short 500-word limit. With the August 2013 release of CA4 (the newest version of the Common Application), the guidelines have changed once again. CA4 sets the limit at 650 words

My Bondage, My Freedom Fredrick Douglass - 772 Words

â€Å"It was not color, but crime, not God, but man that afforded the true explanation of the existence of slavery; nor was I long in finding out another important truth, what man can make, man can unmake† (Douglass 59). In My Bondage and My Freedom, Fredrick Douglass explains in detail the harsh and cruel realties of slavery and how slavery was an institution that victimized not only slaves, but slave holders, and non-slave holding whites. Fredrick Douglass could not have been more right with his observation of slavery. In my opinion, slavery is not only an institution, but is a prime example of a corrupt business model that thrives on free labor, ultimate control, and wealth. â€Å"A business is only as good as its workers.† It’s a common†¦show more content†¦Greed is the undertone upon which Douglass states that slavery â€Å"corrupted souls† and â€Å"turned good people into bad people.† The institution of slavery was based on the ultimate control and power over a human to whom he is stripped of all of his identity and becomes sub-human. Consequently, the institution forces slave holders had to buy into this concept in order to justify any and all cruelty toward slaves. Douglas states â€Å"Slave holders resort to all kinds of cruelty† and later describes various ways of torture and punishment â€Å"all are in requisition to keep the slave in his condition as a slave in the United States† (Douglass 272). Slave holders showed no mercy when reprimanding slaves. The brutality and cruelty of these punishments were more of a statement of power and control and often times the punishment was worse than t he offense. â€Å"Racism was used aggressively to divide poor white southerners from slaves. The relationship between the wealthy and the poor was aggressively exploited by the rich white slave holder to ensure the poor whites non-slave holder that they had a similar cause† (Shaping America: Lesson 16). This caused non-slave holding whites to have a similar view as latter. Non-slave holding whites were in direct competition with slaves and more often than not were forced out of work due to the free labor slavery had offered. In conclusion, â€Å"Slavery is always slavery; always the same foul, haggard, and damningShow MoreRelatedMy Bondage And My Freedom1223 Words   |  5 Pages â€Å"My Bondage and My Freedom† Slavery, Hardships, and Freedom? This book describes a day in a life of Frederick Douglass. In 2013, I saw a movie called ’12 Years A Slave’ reading this book and watching the movie was eye-opening for me. ‘My Freedom’ in this book explains that young Douglass suffered as a slave, when which he failed to flee his ‘Bondage’, then eventually he escapes that life. Douglass’s story continues to reverberate throughout his life and the American Dream that he conquered allRead MoreWilliam Lloyd Garrison And Fredrick Douglass1049 Words   |  5 PagesAbolitionist W.L. Garrison and Fredrick Douglass We all realize during this day and age that slavery was just a terrible historical event in the United States during the early periods and there was a movement of Abolitionism that attempted to rid the United States of slavery. Abolitionist came from several walks of life. There were hundreds of abolitionist as well but some were at the forefront of this movement. William Lloyd Garrison was the founder of the Boston Liberator, the â€Å"LiberatorRead MoreBiography of Fredrick Douglass1294 Words   |  5 Pagesinventors, but what about the people that are in between – the people that fought for equality. Fredrick Douglass arguably had the greatest impact on American society, especially African American society, in the nineteenth century. Douglass is credited as being an abolitionist, author, editor, and diplomat. He used literature, books, newspapers, and even speeches, to leave a long lasting mark on our society. Douglass advised presidents and lectured to thousands about different causes, including women’s rightsRead MoreThe Unnatural Insitution Essay745 Words   |  3 PagesInvention and not found in nature. â€Å" Institutiones (161AD). Fredrick Douglass wrote My Bondage My Freedom as a marketing ploy based on Jurist Gaius’s idea. Slavery is an unnatural institution and it affects everyone. It affect s those enslaved, those whom enslave, and even those who are not involved with either one. It is easy to see how those whom have been enslaved are affected. The most come, or easier seen is the simple lack of freedom. Those whom are enslaved are slaves and not free men, butRead MoreNarrative Of The Life Of Frederick Douglass, An American Slave1552 Words   |  7 Pagesof the Life of Frederick Douglass, an American Slave, Written by Himself Theme: False versus True Christianity In this theme, Fredrick Douglass contrasts the both forms of Christianity to show the underlying hypocrisy in slavery. The results show that slavery is not religious as it exposes the evils in human bondage. These ideals however can be distorted so as to fit in the society. Two forms of Christianity are presented in â€Å"The Narrative of the Life of Fredrick Douglass and each of them describesRead MoreThe Life Of Frederick Douglass s Narrative Of The Life Of Fredrick Douglass967 Words   |  4 Pagesslaves in the United States many slaves like Fredrick Douglass had to escape to fight for freedom to become abolitionists. To expose the terror and cruelties that he faced from his owners and overseers as a slave as narrated in â€Å"Narrative of the life of Fredrick Douglass.† Being a slave was difficult from the beginning. In the case of Fredrick Douglass he was a product of unwanted love. Born into slavery with no record or â€Å"accurate knowledge of age.†(Douglass) He was the son of Harriet Bailey, who wasRead MoreThe Life Of Frederick Douglass s The Narrative Of The Life Of Fredrick Douglass 983 Words   |  4 Pagesin the United States many slaves like Fredrick Douglass had to escape to fight for freedom. To become abolitionists. To expose the terror and cruelties that he faced from his owners and overseers as a slave wrote in the â€Å"Narrative of the life of Fredrick Douglass.† ​Being a slave was difficult from the beginning. In the case of Fredrick Douglass he was a product of unwanted love. He was born into slavery with no record or â€Å"accurate knowledge of age.†(Douglass) He was the son of Harriet Bailey, whoRead MoreThe Human Condition Of The United States Of America1434 Words   |  6 PagesFor as long as the human condition has existed on this planet there has always been a need to exploit a person or people. One of those exploitations comes to us in the form of slavery, a state of physical bondage denying a person their freedom. Slavery has existed on this planet in all regions around the world from ancient Sumer, ancient Egypt, ancient Rome, ancient India, Medieval Islam, the Vikings, to Europe and the Americas in the late 1400s. Humans are not the only species that use slavery.Read MoreFrederick Douglass : A Fugitive Slave And A Free Man1192 Words   |  5 PagesFredrick Douglass (1818-1945), both a fugitive slave and a free man, was one of the most courageous and influential leaders of the abolitionist movement. His narrative, published in 1845, illustrates his childhood and early manhood experiences as a salve, as well as his escape to the North and find of freedom. Within his narrative entitled â€Å"The Narrative of the Life of Fredrick Douglass,† Douglass argues that in order to achieve physical freedom, a slave must seek knowledge and an education. InRead MoreThe Underground Railroad And Its Impact On American Culture1608 Words   |  7 Pagesthat helped millions to gain America most prized passion, freedom. The Underground Railroad was a secret organization filled with various members from all walks of life. Contrary to its name The Underground Railroad was neither a railroad, nor underground; its name was simply a tip towards its terms and language used within the organization and it’s members. The underground network’s mission was to aid fugitive slaves along the way to freedom in the northern states. Established in the 1780’s it is

The Career Of A Ultrasound Technician - 1025 Words

Is it a girl or boy ? As a Ultrasound Technician you could be the one answering this or a host of other medical questions with help of ultrasound technology. The career of a Ultrasound Technician is exciting and beautiful , because you are there through the whole growth process of one’s child. The research will describe the career of a Ultrasound Technician, what is required to become a successful Ultrasound Technician and the impact this career has on society. In 1801 Thomas Young described â€Å"phase shifting† in relation to light. Christian Doppler in 1842 created the â€Å"Doppler effect† which is how blood flows in pelvic vessels and the fetus. Pierre Curie in 1880 described the piezoelectric effect, where ceramic to generate ultrasonic waves.Paul Langevin in 1915 built the first hydrophone, microphone designed to be used to listen to underwater sound ,also related to measurement of the fetus and abdominal masses. Watson-Watt developed the radar in 1943 using electromagnetic waves. John Read published the first 2D images in 1952. 3D ultrasound was first developed by Olaf von Ramm and Stephen Smith in 1987. In North Carolina as of 2012, there was 1770 people employed as a Ultrasound tech. In United States as of 2012 , there were 58,800 people employed as a ultrasound technician. The projected number of people employed as a sonographer in 2022 will be 85,900, employment is projected to grow 14-19%. About 59% percent of ultrasound technician are in public and private hospitals ,Show MoreRelatedThe Medical Ultra Sound Field1155 Words   |  5 PagesThe medical ultra sound field is always continuously expanding and making medical progress, and new findings. Ultrasounds are becoming more and more popular everyday. People are coming up with many new ways to help treat patients, and also new procedures to get better, and more defined images of the body. Also, people are making it possible to find some problems quicker than they ever could have before. A diagnostic medical sonographer is a professional, which has had the proper schooling to useRead MoreCardiac Ultrasound Technician For Multiple Reasons1347 Words   |  6 PagesI want to become a cardiac ultrasound technician for multiple reasons. As a child, about three or four months old, I had to go through a hu ge heart surgery due to complications and abnormalities in my heart. Now because of past complications, I’m currently under the care of a cardiologist and I have to get an ultrasound and an EKG done once every two years. An ultrasound is simply a method of producing imagines from within your body by high frequency waves and an EKG/ECG is a test that records theRead MoreUltrasound Technician, No Two Days1197 Words   |  5 PagesHowever for an ultrasound technician, no two days are exactly the same. Each shift brings with it a new docket of patients with different ailments. The ultrasound technician job description may call for a tech to be on their feet for a majority of the day; working in darkened rooms while performing their scan. Every appointment is different from the last and these sessions can last anywhere from 20 minutes to an hour. When finished, the reports are then sent to a radiologist for review and diagnosisRead MoreBecoming An Ultrasound Technician1467 Words   |  6 PagesBecoming an Ultrasound Technician Someone would need to know what it takes and the daily routines of an ultrasound technician if they are hoping to become one. A person should know the amount and the type of schooling needed. They should know what classes are needed, and they should also know the advancements and changes in the profession in the last few years to know what is ahead of them and why the school curriculum has changed. The reason I am writing this paper is because I would like to knowRead MoreA Short Note On Cardiovascular Technician For My Future Career1182 Words   |  5 PagesJacob Graham Ms. Arlene Monk 5th period Technology Foundations 17 December 2016 Cardiovascular Technician I chose a cardiovascular technician for my future career because they help people by testing their hearts for something bad. They use electrocardiograms, EKG, and medical sonography to detect problems in the heart (Become a 1). To be a cardiovascular technician, you must have an associate’s degree. To get an associate’s degree you must have a minimum of a 2.0 GPA in college (Become aRead MoreEssay about Career in Ultrasound2033 Words   |  9 Pagessomething in common, an ultrasound. Swelling of the spleen, kidney stones, blood clots, aneurysms, cancer and so much more can be identified through the works of an ultrasound’s imaging technique. Ultrasound involves many concepts, procedures, and careers. The amount of medical possibilities involved with ultrasounds is useful in major medical diagnostics. The field of ultrasounds and career opportunities are widely growing. As medical careers flourish, needs for technicians in many fields of medicineRead MoreRadiology and Healthcare Essays1372 Words   |  6 Pagesmagnetic radiation to create an image on a photographic film (â€Å"Radiology† Time). The Radiologist Technician is one who operates equipment that creates images of a pa tient’s body tissue, organs, and bones for the purpose of medical diagnosis and therapies (â€Å"Radiologic Technologists†). An examination of the field of radiology is necessary in order to fully understand the work of a Radiologic Technician. An examination of the history, the use of radiology, and the risks involved, who performs the radiographyRead MoreA Research On Being A Medical Sonographer Essay1166 Words   |  5 Pagesthey do. They mainly do ultrasounds on babies, to see the growth and health of the baby. They also do ultrasounds on all different people, if they’re in pain and they need to determine the problem. Their job might seem easy; sometimes it is, but the other times when we discover something wrong with the patient you have to keep it in. You are not allowed to tell them what you just found out; only the doctor can do so. It’s very heartbreaking for them to do baby ultrasounds because sometimes, for someRead MoreEvaluation Of A Diagno stic Medical Sonographer1290 Words   |  6 Pagesmachinery to generate images and perform exams. They use ultrasound technology to obtain pictures of tissues and body organs. The career of sonography offers a wide range of specialties from obstetric and gynecologic to neurosonography. Some of the duties of a sonographer include prepare the patients for the procedure and examine the data recorded to give a detailed summary to the physician. Like any other healthcare professional, ultrasound technicians have responsibilities that are listed in the scopeRead MoreI Want to Become a Radiologic Technician Essays929 Words   |  4 PagesMy topic that I am researching is a Radiology Technician. Basically, their job is to help Physicians take x-rays and to help them out with the readings. They also perform cat scans, ultrasounds, and radiation therapy. This article informs the reader of the job duties and occupational specialties. It tells them what they need to be able to do, such as no ticing detail and clearly communicating. It also provides them with educational and preparation opportunities. The training is provided and the work

Fundamentals of Managerial Economics

Question: Discuss about the Fundamentals of Managerial Economics. Answer: Introduction: The statement provided is not correct even though on a given morning, a particular individual may be able to enjoy as much coffee as he/she likes but it would be insufficient to meet the coffee demand over the life time. This is especially true for a perishable product such as coffee which has a limited shelf life and hence periodic replenishment of stock is imperative. Hence, present fulfilment of a particular need does not guarantee that the same would be satisfied in the future also. The supply of coffee in the future may shrink to such an extent that its price may become sky high as a result of which affordability becomes an issue and hence coffee enjoyment in desired quantities would become difficult (Mankiw, 2014). There is resource requirement for good production and there quantity is limited as the resource availability is scare. It is the underlying scarcity of a particular resource that determines its prevailing market price. In the event any particular resource has unlimited stock available, then it would be priced for free which is not usually the case. Thus, if the available resources were in unlimited supply not only in the present but potentially in the future, then the production capacity would also be immense and thus the concept of scarcity would not be there (Pindyck Rubinfeld, 2001). But because the resource availability Is finite, hence the pricing of these takes place and these are not given for free. The existence of economic problems can be explained on two counts namely the unlimited human desires which are potentially insatiable and the scare availability of resources. The direct result of the above is that there is always a demand supply mismatch that persists and hence the solutions to economic problems are not static. Hence, while currently solutions may be robust but there would be a change in the demand or the resource availability and the exiting solution would fail (Krugman Wells, 2013). As a result of the constant interplay between these two key parameters, the economic problems cannot be sustainably resolved and thus present solutions if possible are only shortlived. The explanation for the various demand elasticity figures is offered below. Physicians Clearly, the demand for physicians is inelastic as the demand elasticity in absolute magnitude is lower than 1. This may be explained on the importance of health in society. Even if the fee for physicians is increased, the customers would still continue to go as the patients health invariably is more important than money. Also, the availability of close alternatives for physicians is less especially in western countries where alternative treatment therapies are not popular (Nicholson Snyder, 2011). Foreign Travel Clearly, the demand for foreign travel is elastic as the demand elasticity in absolute magnitude is significantly greater than 1. The explanation of this lies in the fact that foreign travel is a luxury good and hence susceptible to alterations in the price. Additionally, there is wide availability of alternatives also especially for casual travellers who may decide to go on trips to domestic locations instead of going abroad. Foreign travel is not a crucial element of a common mans life and hence the demand is closely connected with the prices as the travellers want the best deals (Mankiw, 2014). for newspapers Clearly, the demand for newspaper is highly inelastic as the demand elasticity in absolute magnitude is significantly lesser than 1. Two reasons that are responsible for the same are mentioned below (Krugman Wells, 2013). The spending on newspaper is so miniscule as a % of total spending that even though the price may increase, in absolute terms the burden on the customer is minor only. Further, there is no close substitute of newspapers which provides news in a condensed form especially for the non-tech savvy generation. Radio and Television Receivers Clearly, the demand for radio and television receivers is elastic as the demand elasticity in absolute magnitude is greater than 1. This may be because of availability of alternatives such as mobiles, laptops which can be used for entertainment and watching television and listening to radio is possible through internet. This is especially the case for younger generation who is technology savvy (Nicholson Snyder, 2011). During the earlier time, due to lack of economic growth, people focused only on subsistence level of production which focused only on satiation of current needs and the concept of surplus was considered insignificant. But with the boom in the economic growth, the capacity to produce various goods and services has tremendously enhanced which in turn had led to abundant supply of various goods and services, But in the production of these abundant supply, one of key inputs is the human time and effort. Thus, a substantial amount of time goes into the production function and therefore it has dramatically reduced the time available for consumption of these goods (Samuelson Marks, 2003). Thus, the given statement highlights the intrinsic trade off that is involved with regards to production time and time available for goods consumption In order to take every decision with absolute rationality, it would be required to consider all possible aspects and alternatives, evaluate these using all possible data and thus make a choice. There would be a huge requirement of time in this process. However, the complete rationality process needs to critically analysed in the wake of the value of time. In order to achieve complete rationality, so much time is consumed that the small gains in terms of decision making may not be able to exceed the cost in terms of time spent. (Mankiw, 2014). Hence, in accordance with cost benefit analysis, limited rationality seems a more viable choice. Thus, pursuit for complete rationality is a self-defeating proposition in itself and must not be adhered to unless the gains outweigh the cost in terms of time and resources spent (Samuelson Marks, 2003). References Krugman, P Wells, G 2013, Microeconomics, 3rd eds. Worth Publishers, London Mankiw, G 2014, Microeconomics, 6th eds., Worth Publishers, London Nicholson, W Snyder, C 2011, Fundamentals of Microeconomics, 11th eds., Cengage Learning, New York Pindyck, R Rubinfeld, D 2001, Microeconomics, 5th eds., Prentice-Hall Publications, London Samuelson, W Marks, S 2003, Managerial Economics, 4th eds., Wiley Publications, New York

How the Repercussions of Exercising Pride and Condescension are Conveyed free essay sample

A critical analysis of The Cask of Amontillado by Edgar Allen Poe, a lesson in pride and revenge. The following paper endeavors to explore how Poe utilizes the literary tools of repetition, contrast, foreshadowing, irony and symbolism to convey the dangers of pride and condescension and to evoke the feeling of utter hopelessness as projected by Fortunato and the sinister madness as projected by Montresor. Before conducting this undertaking, a synopsis of the story must be provided. The Cask of Amontillado is a story in the first person about a man (Montresor) who lures his enemy (Fortunato) to the catacombs, under the guise of requiring his expertise on wines to appraise a cask that he has just purchased of Amontillado. Upon reaching a niche deep in the catacombs, Montresor chains Fortunato to the wall and proceeds to bury him behind a wall of stone and mortar. When Fortunato gradually sobers up, he realizes the gravity of the situation he is in and pleads for his life. We will write a custom essay sample on How the Repercussions of Exercising Pride and Condescension are Conveyed or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Montresor mocks him and seals up the wall, leaving Fortunato there to die, knowing that no one else will venture down there to disturb him.