The first part of the experiment required one to trace the light rays going through a converging and diverging lenses. By setting up the light source towards the end of the paper and placing the lenses about 5 cm in front of the light the focal distances were found to be 14 cm for the converging lens and -5.5cm for the diverging lens. These focal distances theoretically make since because the converging lens causes the light rays to combine in front of the lens making it positive and the…
Intensity of Rivalry (High) Intense competition between numerous competitors has initiated major action between rivals that have led to lower profit margins in the electronic industry. In the recent years, the electronic store sector had consolidated in fewer players, since major competitors such CompUSA and Circuit City have exit the competition for lack of differentiation and the different downturns in the economy. This industry has high exit barriers, leading to higher lose if exiting…
QUESTIONS 1. Put yourself in Sue McCaskey's position and prepare a detailed report to Dan Block and Ed Spriggs on managing the inventory of the EG151 exhaust gasket and the DB032 drive belt. Be sure to present a proper inventors system and recognize all relevant costs. 2. By how much do your recommendations for these two items reduce annual cycle inventory, stock out, and ordering costs? Summary This case portrays the issues confronting Sue McCaskey, the new materials administrator of a…
Large Scale Ambition While Vanguard recognizes the importance of robust analytics, none of the company’s key initiatives have been centered on analytical capabilities. Still, as a largely virtual company (retail clients are rarely given the occasion to meet with representatives face-to-face) the opportunity is obvious. However, Vanguard remains committed to meeting client needs through more traditional means like expanding call centers rather than turning certain business functions over to…
In conducting a national analysis of the hypothesis on the effectiveness of the strictness of drunk driving laws, a one-tailed correlation test will be conducted to determine if a negative correlation exists between the two variables. Before conducting the actual statistical analysis, a scatter chart was made in order to help visualize the relationship between the variable. As can be seen in the scatter plot, there is indeed a negative relationship between the variables. However, the…
to do business. The way things were handled in 2003 has affected the company greatly over the years and has forced a lot of the current objectives to be put in place. I recently completed a SWOT (strengths, weakness, opportunities, and threats) analysis on the company and determined two current strengths, two weakness, two opportunities, and two threats currently affecting the company and in doing so noticed a common thread with the weaknesses.…
Medical Center (BMC) surgical department delivers efficient care, specifically dealing with patients’ needs. Applying the SWOT analysis tool is significant for BMC’s surgery department to reduce costs and provide quality care. The SWOT analysis concept consists of strength, weakness, opportunities, and threats (Walston, 2014. p.182). Strength is the first level of the SWOT analysis. At this stage, BMC’s surgery department will focus on the following: -Improving mortality rates - Gaining…
The SWOT analysis is a useful technique that helps understanding organization’s strengths and weakness in the present and also identifying possible opportunities and challenges the organization is facing in future. This technique also can be used in strategic career planning. Internal environments include personal strengths and weakness that are under control. Even external environments include opportunities and threats in career field that you cannot control (Hansen & Hansen, n.d). Developing…
sure that both company and customer can get the max profit from the project is becoming the most important issue when launching a new project. At this moment, requirements analysis which is a document that encompasses the tasks that determine the needs or conditions to meet for a new or altered project comes out. Requirements analysis is a key process towards systems and software engineering. It can help the company easily analyze and manage what the customer really need or require. I’ll explain…
and time value that make no sense. In addition, missing values are problematic because missing values make data dirty and it’s not possible to use dirty data which means missing values decrease data. Sometimes it’s possible to do a much better day analysis by adding more data, but due to non-availability of data and limitation of the time and the budget for reprocessing data will make it hard and impossible. Another problem is overfitting, which is a huge problem because a model that…