Economic cost

leading producer in polypropylene, an essentially priced commodity. It has two plants dedicated to its production, Merseyside and Rotterdam, sharing a similar scale, size, age, and design. Given the age and design of both plants, VC incurs a higher cost per unit of output relative to its competitors, ranking 5th out of 8 (7 leading producers and the average of the next 10 largest producers). In January 2008, Lucy Morris, the plant manager of VC’s Merseyside plant, proposed to her colleagues…

The terms returns management(RM) and reverse logistics(RL) have been used interchangeably in literature. However, there exists a difference between the two terms. For the purpose of this thesis the following definition is used to describe reverse logistics: “Reverse Logistics is the process of moving goods from their typical final destination for the purpose of capturing value […] Reverse logistics is limited to the movement of goods or material “backward” through the supply chain” That is the…

Motivation Would you ever do something without getting something in return? If so, will you do it to the best of your capabilities? If you had to run a mile in a minute for $5, wouldn’t you try harder if you were offered $10? People who have experienced a great deal of success are described as ‘driven’. Your drive is what motivates you to do the things you do, and persuade you into taking risks. The thing is, we can not assume a person is only motivated by one thing. We also can’t assume that a…

A. What was the overall experience of the year-long module? Overall, I think this is one of the more taxing modules. It requires a person to wear multiple hats as well as to view things from an equal if not larger number of perspectives. Although this module requires a fair bit of time and thinking, I feel that some of the work can be done while doing something else. For example, you could think of ideas or strategies while clean your room; you do not have to spend the entire day thinking. I…

It will cost around $3.84 a month to run a gas grill if you use it an hour everyday. $80.00 is averagely spent by a single person on coffee in a monthly. Together these two extra perks amount to $83.84. All these food categories will cost the single personal around $228.60 bringing the all around total per month to $1,436.00 After adding up all these costs of living for a single person the total per month will come to around $1…

project to approach the Malaysian authorities, however, for they tend to offer minimal support for social entrepreneurships. (h) Cost structure: At least 50% of any proceeds from the sale of the products were used for the wages of the weavers. As such, wages for weavers alone made up 50% of the cost structure. Most of the other 50% was used to fund the administrative costs, marketing, and logistical expenditures. (i) Revenue: Salaam Wanita 's main revenue stream arises from the sale of the…

1.2. How Far? Entropy What is entropy? The interaction of energy and matter governs our lives. We take for granted our ability to use chemicals in batteries to produce sound from MP3 Player. We get into a car and use petrol to travel in hours distance that would have taken our ancestors days. Energy and matter interact on other scales too –from the remnants of the explosion of star hundreds of light years in diameter, to the nucleus of an atom 10-9 mm in diameter. The way in which energy and…

project with a fixed budget of $2.2M over 10-months. This type of contract would be identified as a Firm Fixed Price (FFP) contract. This means that Gary would have no flexibility of the project costs if the price on any of the components increases. This implies that Gary and SEC would assume any risk, if cost of the good or services increases and is more than originally calculated for (Schwalbe, 2009, p.185). This would prove to be problematic for Gary as no additional funding would be made…

Over the years Dicks Sporting Goods has gained recognition through their fitness clothing. In particular women's fitness leggings which have become a trend in modern America. However, there are many other highly recognized competitors that sell fitness leggings. Competitors like Gazelle Sports and Lululemon both significant in the fitness legging market. Briefly, I will analyze them through aspects such as strengths, weakness, and differences. Dicks Sporting Goods One key element that makes…

Clever Answers To Very Tough Interview Questions Here are a number of examples of tough interview questions and their associated answers. Sometimes, it is not a matter of saying what “sounds” right. For example, if you are asked how many hours you usually work per week, you may think it sounds good if you say you work a lot of overtime. Instead, you could say, “However many are needed to get the job done.” It sounds like an evasive answer, but it also has power behind it. Are you looking to…