Latent variable model

worth the amount of the bond less the amount you have paid to the bonding company. A bail bondsman will most likely take a photo of you and write down any pertinent information. This will include where you work, where you live, your car make and model and license number. He will also make note of friends and places you go to hang out. Your co-signer may have their photo taken as…

It is observed a diverse approach in the meaning of purchasing amongst the literature background. Van Weele (2010) defines purchasing as the typical term which is related to the acquisition process of raw materials but it can also be known as procurement or even supply management. Bowersox (2010), states that purchasing has been traditionally adversarial and transaction focused, thus primarily interested in the product price. Nowadays, on the contrary, a shift towards the lowest cost of…

Three main manufacturing processes exist; formative, subtractive and additive processes. These manufacturing processes can be divided by the type of action or actions required to produce the final part. Formative processes form the material into the desired shape, either by using dies or moulds. Examples of formative processes are stamping, forging, drawing, rolling or extruding. Subtractive processes on the other hand remove layers of material to form the final part. Turning, milling, grinding,…

According to Williamson, “A transaction occurs when a good or service is transferred across a technologically separable interface. One stage of activity terminates and another begins.” Transaction costs appear whenever there is “friction” at the point of interface. In other words, Transaction Cost Economics focuses on the organization of transactions that occur whenever a good or service is transferred from a provider to a user across a technologically separable interface. When transactions…

This report was commissioned to examine a decision regarding the number of shirts to produce for the rock concert, scheduled to be staged in two months and calculate the financial outcomes while maximizing the profit. The research draws attention to two uncertain events, Mr. George Lassiter faced. Firstly Mr. Lassiter has no idea in the number of people attending the concert and secondly about the percentage of attendees who would buy his shirts. George Lassiter is a project engineer for a…

Is the lottery a good idea or not? Did you know that 5 in 176,000 win the lottery? Well they do according to Lewis humphries the more you spend on the lottery to less chances you get of winning the lottery! In 2000 the big game jackpot grew to $363 million dollars by 2013! The statement here is that the lottery is a good idea! How much money do people spend on the lottery? $50.9 billion dollars are spent on the lottery. That's in total that 13 dollars a month to each person that does the…

The following measures were undertaken to measure the performance of the Employee Ultima project Return on investment The most appropriate formula to measure this is net benefits divided by costs and by multiplying the result by 100. This calculation determines the percentage return of investment made. The net benefits include contribution to profit, saving costs in travel expenditure, cost of resource, improvement initiative costs of the conference etc. Cost of quality This is the amount…

There are differences in all types of jobs. In this essay, I want to talk about the differences between detasseling corn, to service jobs like working at Goodwill. These are two types of work that I have performed and will speak from experience. Detasseling is the process of removing the tassel from the tops of corn plants and then throwing them on the ground (Webster’s Dictionary). Detasseling is used as a form of pollination control in order to cross-breed two varieties of corn (Webster’s…

When it comes to radio stations, you literally have the world to choose from. Talk radio, religious programs, foreign programs, and of course every genre of music you could ever want to listen to, depending on where you are. With all of these options it is no wonder why manufacturers put that little “scan” button on radios. Have you ever paid attention to how your favorite station is programed out for certain times? It is definitely crazy how much time and effort goes into making a program hour…

Hello All, I made some calls to a few of our competitors including Courtesy, Rainbow, Road Runner, Valley Car, Happy Car, and Accessories plus, to gather some information. For all vehicles, Courtesy requires a deposit of XCD $2,900.00. They offer two CDW options. For USD $8.00 per day, a customer is liable for up to USD $1,600.00 and for USD $12.00 per day, USD $1,200.00. I must note that the person I spoke with was very polite and patient regardless of how difficult I was being. Rainbow’s…