Individual Project in Supply Chain Management Assignment

Individual Project in Supply Chain Management - Assignment Example Since, these are ideal scenarios and cannot be totally realized in practice, the company would never be able to eliminate stock-outs completely. However, John and Michael should aim for efficient management of stock-outs to control inventory as well as prevent business loss. References Vasconcellos,Luis.H.R.,Sampaio, Mauro. (2009). The Stockouts Study: an Examination of the Extent and the Causes in the Sao Paulo Supermarket Sector, Brazaillian Administration Review, Curitiba,( vol. 6, n. 3, art. 6, pp. 263-279, July/Sept. 2009) 2. Costs, Demand & Trade- offs associated with Stock-outs The costs associated with stock-outs to Stone Horse Supply Company may be internal such as loss in production, loss in working hours, delays, excess labour cost etc. or external such as lost sales and profit, loss of goodwill and trust etc. While taking a decision regarding stock levels, John and Michael have to primarily consider a trade-off between two costs. One of them is the holding cost of the inv entory while the other is the opportunity cost of the lost sales (Vasconcellos, 2009). A proper balance needs to be maintained between the two for efficient operations. It is not required to completely eliminate the stock-outs. In fact, stock-outs below 5% are healthy and indicate a continuous increase in demand. References Vasconcellos,Luis.H.R.,Sampaio, Mauro. (2009). The Stockouts Study: an Examination of the Extent and the Causes in the Sao Paulo Supermarket Sector, Brazaillian Administration Review, Curitiba,( vol. 6, n. 3, art. 6, pp. 263-279, July/Sept. 2009) 3. Ways to measure Product Availability Product availability can be defined as the capability of a firm to fulfil customer demand with the existing inventory of goods. There are several ways available to the Stone Horse Supply Company

Business Writing week one discussion Assignment Example | Topics and Well Written Essays - 500 words

Business Writing week one discussion - Assignment Example Listening with an open mind isnt always easy, but its the only way to make sure you really hear what people are telling you† (Bovee 38). Rather than approaching the communication situation with an open mind, they brought in preconceived notions. The conversation advanced with them continuing to advance the narrative that they had devised in their minds. The text indicates that communication prominently involves listening, as it is impossible to properly disseminate information without having a back and forth discussion. Ultimately, the communication event would have been more successful if my supervisor had been a more active listener and constructed her knowledge based on the conversation. My name is Birgit. I have a large number of hobbies. Undoubtedly, one of my most frequent hobbies is personal fitness. Throughout high school, I participated in a number of team sports and sort of got in the habit of being physically active. Since graduating from high school, I’ve kept up my physical activity through running every day. I also occasionally play basketball and volleyball with friends. In addition to physical activity, I am an active reader. I recently purchased an iPad so I would have to stop buying so many print books; so far I’ve read the Hunger Games trilogy and the latest Harry Potter novel. I also regularly enjoy cooking, particularly pasta. My greatest communication challenge would definitely have to be public speaking. While in front of certain audiences I am able to be engaging, in most instances I find that I am incredibly shy and slightly anxious. Another communication challenge I face is verbal tests; similar to my fear of public speaking, these instances make me highly nervous. The most effective communicator I know is my uncle. Currently, he is the general manager of a hotel in Los Angeles, California. I have visited him and witnessed how he interacts

COPD Essay Example | Topics and Well Written Essays - 2250 words

COPD - Essay Example While a serious condition, it is a preventable and treatable condition. The disease progresses irreversibly, thus it is necessary to prevent and manage COPD. The patient in this case of COPD is Maggie, a previous smoker who was diagnosed with mild COPD. In order for Maggie to understand the causes and the management of COPD, she must be informed of the prevalence, risk factors, management and therapeutic option for the disease. The information she will gain will help her to prevent the chances of her disease progressing to a more severe stage, and will help her to understand why she has to take certain medications. Prevalence of COPD In 2000, 2.7 million deaths were attributed to COPD, with majority of the deaths occurring in the Western Pacific Region, China included. In developed and industrialized countries, COPD is to blame for 400,000 deaths (Lopez, et al., 2006). Moreover, in North America 3-4% of adults have COPD. It is estimated that 15-25% of persons forty years old and olde r have stage 1 mild COPD or airflow limitation. Since smoking was identified to be the biggest risk factor in COPD, the prevalence of COPD is much higher in smokers and ex-smokers in the 40 and above age group compared to younger individuals. COPD is also more prevalent in men than women (Lopez, et al., 2006), but this observation could be due to the higher number of male smokers. However, as the number of women smokers increase, so did the number of female deaths attributable to COPD (Ronnenberg, 2010). Risk factors for COPD Smoking cigarettes comprise the most important risk factor for COPD. Cigarette smoking is responsible for 80%-90% cases of chronic obstructive pulmonary disease. Frequent exposure to second-and smoke also increases the risk of having COPD. However, not all smokers will develop COPD, suggesting that environmental factors and genetic make-up contribute to its prevalence. As an example, COPD has been observed to be more common in whites despite the high number of smokers in the black population. It has also been shown that one type of emphysema is due to the deficiency of alpha-1-protease inhibitor (also known as alpha-1-antitrypsin, or AAT). This genetic defect affects approximately 70,000 Americans and accounts for 1%-3% of COPD cases (Sandford and Silverman, 2002). Another factor that can increase the risk for COPD is a history of childhood lung diseases, which can result in scarring of lungs and reduction of elasticity of the lungs. Exposure to gases, chemical and dust also increase the risk of COPD, and can lead to worsening of the condition, if an individual already has COPD (Ronnenberg, 2010). A study shows that exposure to wood smoke or charcoal smoke is highly related t the development of COPD. This is a common risk factor in developing countries and in Europe where wood or charcoal is used to fuel wood-based ovens (Orozco-Levi, et al., 2006). Stages of COPD severity The severity of COPD is classified by measuring the lung function level using spirometry. This is the process of measuring the breath of an individual. Among the Pulmonary Function Tests, spirometry is the most common. It measures the lung function by measuring the amount (volume) and speed (flow) of air that can be inhaled and exhaled. Spirometry is helpful in the assessment of COPD, asthma, pulmonary fibrosis, and cystic fibrosis (Barreiro and Perillo, 2004). After conducting the initial spirometric test, a bronchodilator is administered. After this, a new round of tests is

Solo Project Research Paper Example | Topics and Well Written Essays - 500 words

Solo Project - Research Paper Example Diving into the market environment and making uninformed decisions may result in adverse effect on a business entity. In this regard, every marketing decision made should be based on some reliable information obtained from research exercises. Marketing is the most dynamic aspect of business characterized by rapid changes of operating forces in the field. In this case, research processes should be performed regularly to ensure acquisition of reliable and updated information. Just like any other research project, marketing research adopts the ideal scientific research procedures. These procedures include problem definition, formulation of hypotheses, and adoption of research methodology, data collection, data analysis and finally data interpretation. Conformity to all these steps ensures objectivity and reliability of the research results (Kolb, 2008). In this context, I am required to develop a practical plan on the appropriate steps of conducting a marketing research for setting wine price. Before developing a plan, we will evaluate the nature of the research project conducted by another party within the same pricing concept of marketing. This evaluative process entails appraising the research elements used in formulating the conclusion based on the research hypothesis (Kolb, 2008). The question of the research might be structured as follows; Does price level influences wine sales? Based on this question, a research will be conducted by formulating the appropriate hypotheses that provides some prepositions concerning the effect of price on the sales of wine. The null hypothesis that will be rejected in the research article states that the taste of wine determines its sales in the market. The actual hypothesis to be approved upon completion of the research states that the public perceives that higher priced wine are of higher quality than low priced wine. Based on the research article, the hypotheses contain two

Unit 13&14 Essay Example | Topics and Well Written Essays - 750 words

Unit 13 - Essay Example The film scenario exemplified Andrew being discriminated from undertaking his responsibilities as a lawyer upon the discovery of his affliction. Besides being unfairly and unjustly prejudiced towards his condition, the case affected senior management, who wrongfully dismissed him, and society, in general, who scorned people afflicted with the disease. The lawyer, who Andrew initially approached to defend him, Joe Miller, played by Denzel Washington, was first apprehensive to take the case given the sensitivity of the issues. As it turned out, the court ruled in favor of Andrew and ordered the firm to award him for damages for wrongful dismissal. It is fortunate for Beckett to have been remunerated for the discrimination case filed in court. According to the Organisation for Economic Co-operation and Development (OECD) (2008) â€Å"proving a discrimination claim is inherently difficult, since the elements of proof are generally in the hands of the defendant, i.e. the employer† (5). Most victims choose to ignore the matter of filing appropriate cases due to the costs involved in pursuing discrimination cases. Regular-average-everyday Americans can make a profound difference to transform this country by acts of random kindness to others. With no thought of reward, the Good Samaritan in the Bible stops to help a man who has been beaten and robbed. That is the essence of an altruistic act: unselfishly giving help when it is needed, no strings attached. If each and every American believes in simple, unselfish acts, then each would be instrumental in making this nation a more conscientious one. Most men do some thing or behave in a certain way because we expect to get a reward for doing so. Naturally, one does not do something because the cost of doing it would be great. The leadership model that must be manifested in contemporary societies should assist in transforming the society through focusing on encouraging others

Military Service vs Civilian Employment Essay Example | Topics and Well Written Essays - 1000 words - 1

Military Service vs Civilian Employment - Essay Example The responsibility of a civilian is completely taken care of by an individual while in the military several things are taken care of by the military, these include healthcare, insurance and housing. Many things provided in the military like education and travelling are free or cheap. Serving in the military comes with a lot of benefits unlike doing civilian work; the benefits include free housing, healthcare, cheap education, and a chance of advancement and travelling. Also, it has long term benefits for retirement such as GI bill, housing and health care which is not provided in the civilian employment. I believe that military employment is better than civilian employment because it is more beneficial and more reliable these days. In this article I will compare military and civilian employment in terms of benefits and reliability, this will involve promotion, medical benefits, education benefits, opportunities for travel, pay, job security, opportunity for advancement, and freedom t o quit. Promotion in the military is achieved through individuals own dreams and desire for career progress. A military officer will be eligible for promotion after Serving for a certain number of years at a certain level. Sometimes, promotion is given if you pass a certain exam or interview. While in the civilian employment, to get a promotion, it will depend on when the payroll department can afford or if a person serving in that position quit the job or fired. Few organizations can accelerate once promotion depending on the job performance. For example, an employee who works at wall mart as a sales associate enquire for a promotion to be a manager but he was told that the company already have the branch manager and they cannot afford to employ two managers. After 5 months the manager quit the job and joins another company instead of being given the position it was closed and the company

Psychosocial Assessment Research Paper Example | Topics and Well Written Essays - 1750 words

Psychosocial Assessment - Research Paper Example Rachel begins by describing her disliking of her mother’s idea to take her to a kindergarten: she strongly hates schooling life and doubts the idea that her mother intended for her good by sending her to school. In a way, she hates her mother for this and says that the idea to send her to school was to separate her from her mother. At school, in a kindergarten class, Rachel envies her mate’s drawings and dislikes the idea that their teacher likes her mate’s drawings so much that she (Rachel) maliciously spills dye on them. It is apparent that Rachel unusually hates everything on her way: she hates all teachers; she hates her father; she hates her sister and her mother; she hates food; she hates and quits her job; she hates her husband; and she hates her house (Reiland, 2004, p1-9). It goes without saying that Rachel is undergoing an unusual mental instability because she sees, acts and/or responds in an unusually erratic way to various happenings around her life (Aguirre, 2007, p6). This study has focused on Rachel’s mental condition as portrayed in the book. The main objective of the study is to conduct a psycho-social assessment on Rachel’s realizable symptoms to determine whether she is suffering from BPD. It is quite important to identify a person with BPD because it is a treatable health condition. Later in the study, using DSM IV TR criteria to interrelate Rachel’s symptoms, Rachel’s status with regard to BPD is established and clinical implications and treatment suggestions made or recommended. It is a global concern that many people dismiss BPD as being ‘just another kind of personality’ (Mondimore & Kelly, 2011, p19). BPD can be problematic. For example, as Reiland (2004, p118) puts it, BPD can cause damage not only to the one suffering, but also to their loved ones. It is, however, more of self destructive than it can