...clear set of rules and because of this, unethical situations and decisions arise. The term boiler room refers to an outbound call center where telemarketers use high-pressure sales tactics to sell fake stock (Farlex Inc, 2000). Modern boiler rooms disappeared in the 1990s but they still exist in various forms. With the widespread use of the internet and lack of government regulation on web site creation, a boiler room can set up a website in one country, operate from another and target victims in a third. This makes it very difficult to identify the scamming stockbrokers and even more difficult to trace them. Many people have grown wise to the phone scams thanks to warnings from financial authorities and the increased value of ethics (Wikipedia, 2014). In the business world the practice of ethics has become increasingly important, not only for moral reasons but to maintain a competitive advantage (Smith, 2012). This essay analyzes the movie Boiler Room and the ethical dilemmas presented in respect to business ethics models. Real life ethical dilemmas that traders in the stock market are faced with, the ethical decisions facing whistle blowers and the relationship between ethics and social responsibility will be discussed. There are three models of ethics, the Utilitarian model, the Moral Rights model and the Justice model (Jones, George, Haddad, & Rock, 2013). The characters in Boiler Room make unethical decisions under each of theses models. The first model, the Utilitarian...
Words: 2174 - Pages: 9
...Rebeca Sánchez November 10, 2014. Boiler Room Boiler Room can be define as: “ a place where high-pressure salesperson use banks of telephones to call list of potential investors (known as “sicker list”) in order to peddle speculative, even fraudulent, securities”. Is called a boiler room because of the high-pressure selling. The movie centers on the life of a young man named Seth Davis, who lived in New York. He had decided to drop off from the university and run an underground casino, which was visit largely by local college students. A friend of him, that worked for an investment brokerage firm named JT Marlin, offers him a position in the firm. Seth, to gain his father’s respect decided to join the firm as a broker. The firm is portrayed as promising, were you can be able to be a millionaire in less than three years, only if you are greedy enough. At first, Seth was amazed by the work and the fellow broker who seemed very wealthy and charismatic. After a while he realized that the firm was taking advantage of their client by selling stock for companies that don’t really exist. Ethics can be defined as the moral principles that govern a person's or group's behavior. In this movie there are various ethical issue. The principal ethic issue is the fraudulent activity that the firm is doing. That ethical problem goes hand-to-hand with the behavior of the employees. As mentioned before the firm was selling stock to their client of companies that didn’t exit and played with the...
Words: 1143 - Pages: 5
...INDUSTRIAL TRAINING REPORT AT KAPAR ENERGY VENTURES SDN.BHD KAPAR, SELANGOR BY CHOLAN A/L VENU (ME090139) DEPARTMENT OF MECHANICAL ENGINEERING UNIVERSITI TENAGA NASIONAL START DATE :09/03/15 END DATE :29/05/15 ABSTRACT As a third year degree student in Bachelor of Mechanical Engineering (Hons.), I have been assigned to undergo industrial training for 12 weeks. This industrial training is one of the vital part of my coursework whereby I will be able to graduate from the degree programme if and only if I passed this industrial training session. Therefore, I have applied to several companies and Kapar Energy Ventures Sdn. Bhd., one of the leading companies in power plant field accepted my application as an intern. I went through a lot of challenging as well as knowledgeable working experiences throughout the industrial training period. Therefore, I am writing this report based on my working experiences during the industrial training period. The main purpose of this report is to put down in writing the record of my training experiences. Apart from that this report is also written with the purpose of explaining my visiting supervisor about every task as well as aspects that have been assigned to me as my job scope throughout the entire industrial training period. I hope this report will serve as a summary or as an overall view for my industrial training period. Apart from summarizing the entire industrial training experience, this report also ...
Words: 6281 - Pages: 26
...We, The Boiler Technology People of Enertech Systems Industries, Inc. believe in the efficient delivery of goods and services for our individual growth, our family, community, and the country's economy, through the pursuit of: - the production of world-class quality boilers and allied products for the Asia market at competitive price, while providing dependable service back-up organization with readily available spare parts to maintain an optimum level of customer satisfaction; - the global effort for a cleaner environment with the development of steam boilers using renewable energy, particularly biomass fuel; - the increasing growth in the agricultural sector through the production of efficient agricultural post-harvest processing equipment; -the distribution of complementing industrial products needed in the market place for world-renowned manufacturers under exclusive agency arrangements and mutual technology exchange; - the maximization of local resources and the employment of off-farm workers to contribute to the development of the rural population; and - cultivating productive work values and rewarding those that contribute to the over-all productivity of the enterprise with unity, solidarity and professionalism upheld in the company. TO LEAD To be the leader in the distribution of steam boilers and allied products and services to domestic (Philippines) and international (and / or Asia) markets. TO SERVE Enertech has the home court advantage...
Words: 323 - Pages: 2
...TP9 Electronic Central Heating Controller Programmable Room Thermostat plus Domestic Hot Water Timer, for the Control of Domestic Central Heating INSTALLATION INSTRUCTIONS Technical Specifications Temperature Range : 5-30°C or 16-30°C Power Supply : 220Vac/240Vac, 50/60Hz Switching Action : 2 x SPDT, type 1B Switch Rating : 220/240Vac, 50/60 Hz, 3(1)A Timing Accuracy : ± 1 min/month Power Reserve : Minimum 24 hours Enclosure Rating : IP30 Max. Ambient Temp : 45°C Control Pollution Situation : Pollution degree 2 Designed to meet BS EN60730-2-9 Overall Dimensions - Controller - Sensor Software classification Rated impulse voltage Ball pressure test : Width 136mm, Height 88mm, Depth 32mm. : Width 60mm, Height 45mm, Depth 21mm. : Class A : 2.5kV : 75°C The unit must be installed by a competent electrician and the installation should conform to IEE Wiring Regulations. The supply to this unit should by wired via a full disconnect in accordance with BS EN60730-1, i.e. one which provides air gaps of at least 3mm in both poles of the mains, and incorporates a 3 amp. fuse. It is strongly recommended that solid conductors be used. Installation and Wiring 1. Select the desired fixing position for the heating controller. 2. When fixing the wallplate remember the connections are at the top and the vertical centre line of the unit is at the position shown C/ L, (which is at the right hand edge of the terminal 4 recess.) 3. Fix the wallplate to the wall or flush mounted box as required...
Words: 2901 - Pages: 12
...kenyatta university | Field trip report | | J75/2359/2009 | Dennis Muthomi Kirauni | 4/1/2014 | As part of the fulfillment of the requirements to the degree pursued, in the EMM 516 course (power plant engineering) we under took several field trips to relate what has been taught in class and how the power generation objective is achieved out there. This report is to be submitted in partial fulfillment of the mentioned course. | Introduction Kenya’s energy sector faces daunting challenges, characterized by high cost and insufficient supply. Nearly 80% of Kenyans are living without access to basic Energy services; a top priority for the government is to improve access to adequate and affordable energy supply. The existing energy supply is heavily dependent upon hydroelectric power thus due to the rapid growth in demand for energy means that Kenya must find new ways to provide crucial energy services to its people. The available options include Renewable energy resources like geothermal. Kenya has nearly 7,000 MW geothermal potential, yet it remains largely undeveloped due to economic and financial limitations, insufficient technical and human capacity, and various social constraints. However the government has now turned around and is aiming at producing about 16000MW of power by 2030. The country currently produces about 1500 MWs primarily from hydro stations (57%-hydro power, about 32%-thermal and the rest comprises geothermal and emergency thermal power). To bridge...
Words: 5403 - Pages: 22
...900:2008 Certified Comp. BOILER-BASICS What is a Boiler? Boiler, also called STEAM GENERATOR, is an apparatus designed to convert a liquid to vapor. In a conventional steam power plant, a boiler consists of a furnace in which fuel is burned, surfaces to transmit heat from the combustion products to the water, and a space where steam can form and collect. A conventional boiler has a furnace that burns a fossil fuel or, in some installations, waste fuels. A nuclear reactor can also serve as a source of heat for generating steam under pressure. Boilers were built as early as the 1st century AD by Hero of Alexandria but were used only as toys. Not until the 17th century was serious consideration given to the potential of steam power for practical work. Denis Papin of France designed the first boiler with a safety valve in 1679; boilers were made of wrought iron; as the advantages of high pressure and temperature were realized, manufactures turned to steel. Modern boilers are made of alloy steel to withstand high pressures and extremely high temperatures. Most conventional steam boilers are classed as either fire-tube or water tube types. In the fire-tube type, the water surrounds the steel tubes through which hot gases from the furnace flow. The steam generated collects above the water level in a cylindrically shaped drum. A safety valve is set to allow escape of steam at pressures above normal operating pressure; this device is necessary on all boilers, because continued addition...
Words: 5812 - Pages: 24
...research journal 2013 / VOL 05.01 www.perkinswill.com SPECIAL ISSUE: NATIONAL SCIENCE FOUNDATION WORKSHOP ARCHITECTURE AND ENGINEERING OF SUSTAINABLE BUILDINGS Current Trends in Low-Energy HVAC Design 04. CURRENT TRENDS IN LOW-ENERGY HVAC DESIGN Robert L. Tazelaar, PE, LEED AP, robert.tazelaar@arup.com ABSTRACT The objective of this paper is to provide some insight into how HVAC systems are changing to meet the drive towards lower energy usage. The paper is primarily focusing on trends, observed by the author in designs which have been highlighted in research journals and project work. A case study is provided which highlights how some of the trends have been implemented on a current design. KEYWORDS: Heating, Ventilation and Air Conditioning (HVAC), Dedicated Outside Air Systems (DOAS), Ventilation decoupling, Variable Air Volume (VAV) 1.0 INTRODUCTION Throughout the 20th century, trends in HVAC design have been determined largely by technological advances and energy costs. Engineers have always sought to find new ways to ensure occupant comfort, but the level of attention devoted to finding innovative ways to reduce energy use has fluctuated over the last few decades. When energy costs have risen, energy efficiency has become a priority; when they have been low, it has been less of a design driver. This article identifies several trends which are being used to reduce energy use in commercial buildings. The trends to be considered...
Words: 2532 - Pages: 11
...Contents I. Introduction II. Body A. What steamboats are B. What they were used for C. Dangers D. Used in Battles III. Conclusion IV. Bibliography What do you think of when you hear the word steamboat? Do you think of large boilers making steam to power the boat? How about huge smokestacks spewing out soot and flames that could ignite a fire at any moment? These water-crafts are very versatile. Steamboats, or riverboats as they were sometimes called, were used for travel, transportation, recreation, and naval melees. Steamboats were large iron boats that were used in many ways. People and goods could easily be transported from place to place. There were also many dangers involved with steamboat travel. Because they were powered by steam that means fire. Smoke and soot came spewing out from the smokestacks but that was not all. Fire and sparks emerged from the smokestacks also. This is what posed a problem, and because of it many fires broke out. If the boiler became too hot boats themselves might even blow up! Even with these dangers steamboats were very popular. They were stronger and more powerful than sailboats. These boats would could be used in many battles. They could withstand a lot more than wooden boats were able to despite being slower and less maneuverable. Many famous battles...
Words: 1352 - Pages: 6
...Lab Worksheet Faculty of Science & Engineering School of Engineering Manchester Metropolitan University Activity Activity Title Laboratory Room No. Level 34567 M/E 000 Principle of Saturation Pressure Measurement 5 Term 1 Duration 3 Max Group Size 12 Max Total Students 12 Date of approval/review 10-12 Technical Team Leader Keith Birchenough Lead Academic Jiting Feng Equipment (per group) number Item TH3 Saturation Pressure Apparatus Armfield TH3 Saturation Pressure Apparatus Electric Console 500ml Beaker PC with TH3 software Stopwatch Learning Outcomes (from unit spec) Learning Outcome To obtain an understanding of the principle of saturation pressure measurement 2 3 To measure the saturation pressure of water using a pressurised vessel To examine the measurement accuracy 4 5 6 TM PDF Editor Lab Worksheet School of Engineering Manchester Metropolitan University 2012-2013 Principle of Saturation Pressure Measurement First Name Second Name Student Number Group Number Date To be completed by Tutor Marked Awarded Comments (please also referred to the feedback sheet) TM PDF Editor Manchester University Lab Worksheet School of Engineering Manchester Metropolitan University 2012-2013 Manchester Metropolitan University Advanced Mechanical Science Principle of Saturation Pressure Measurement ...
Words: 806 - Pages: 4
...today’s environmental constraints, a mill must efficiently integrate steam and power demands and chemical recovery systems with the pulp and paper processes. Computer control of all mill processes is the norm. Each step in papermaking — from raw material storage, through stock preparation and papermaking, to finished roll storage — presents special loss prevention challenges. Storage areas pose severe fire loss potentials. Fires, explosions and machinery breakdowns can seriously damage critical process equipment. Pollution control equipment can also cause large losses. Associated with these high property damage potentials are even higher business interruption potentials. In a full process Kraft mill, loss of the black liquor recovery boiler (BLRB) can result in extensive downtime. Continuous digesters and Yankee dryers can also present very large business interruption potentials. This GAPS Guideline describes “full process” pulp and paper mills. Full process mills include pulp, paper and finishing mills, and sometimes converting mills. Figure 1 shows a simplified process flow diagram for a full process mill. Many of the processes described in this section also apply to mills that are not full process. PROCESSES AND HAZARDS Woodyard Operations and Storage Pulp mills commonly maintain extensive yard inventories of logs and chips to satisfy the enormous and continuous demand of the process line and to ensure a supply despite unpredictable weather, transportation problems...
Words: 8546 - Pages: 35
...Heather Chandler, the leader of their clique, always wears red, which is known to be a symbol of power, wrath, and leadership: all qualities she possesses. In addition, Heather Duke portrays her ambition, greed, jealousy, and envy through the color green, while Heather McNamara wears yellow, which conveys blind loyalty, instability, and cowardice. Veronica Sawyer, the passive one and the outlier of their clique, wears dark colors like blue, which symbolize intelligence, trust, and confidence; or black, which forewarns death. On another point, the element of suspense is used in many scenes, most notably at the climax of the movie in the boiler room. As Veronica attempts to put an end to J.D.’s deceit, she creeps through Westerburg High School’s boiler room, alert for J.D. and his arsenal. As dark and intense music plays in the musky, dank boiler room, it seems as though with every breath that passes, the mood gets more tense and anticipatory; should she fail, it would mean death for her, the students, and staff upstairs. Finally, foreshadowing is used a number of times, usually in reference to the series of deaths and near deaths that are soon to happen. For example, when Veronica and the Heathers discussed a forged a note that led to the humiliation of a girl, they commented on the girl wishing to commit suicide. Later, that girl did attempt to kill herself. Many references are made to teenage angst, grievance, and suicide, though usually in jest. In Heathers, literary elements...
Words: 922 - Pages: 4
...electricity generation in India and are highly complex nonlinear systems. The thermal performance data obtained from MAHAGENCO KORADI UNIT 5 thermal power plant shows that heat rate and boiler efficiency is changing constantly and the plant is probably losing some Megawatts of electric power, and more fuel usage thus resulting in much higher carbon footprints. It is very difficult to analyse the raw data recorded weekly during the full power operation of the plant because a thermal power plant is a very complex system with thousands of parameters. Thus there is a need for nonlinear modeling for the power plant performance analysis in order to meet the growing demands of economic and operational requirements. The intention of this paper is to give an overview of using artificial neural network (ANN) techniques in power systems. Here Back Propagation Neural Network (BPNN) and Radial Basis Neural Network (RBNN) are used for comparative purposes to model the thermodynamic process of a coal-fired power plant, based on actual plant data and this works as the internal model for prediction of the Heat Rate and Boiler Efficiency. This ANN model of the thermodynamics of a power plant is used to determine the influence of changes in different variables upon the heat rate and boiler efficiency through the use of sensitivity coefficients, which indicate the directions of change in the variable that will...
Words: 3399 - Pages: 14
...good hiding spaces are and he concluded… The bleachers. He knew that there was a supply closet under the bleachers and that it wasn’t mapped in the blueprints of the school. He and the other kids then piled in the closet and came up with a plan. They were going to barricade themselves in the boiler room. They would grab all the equipment they could and and booked it back to Ms fernandez. They then closed the garage door to the boiler room and began to barricade the windows and doors. Xander Tencilton was the dad of Jacob and loved his son. He found this out by a recorded call sent to him. He was stuck in a meeting and could not make it to the school. When he got there they were restricting access to the school and would not let anybody in. He asked countless people on what happened and they all said that they don’t know. Zach Bover was the big jock at school. He played football and beat up nerds. He was 5”11 and had 6inch biceps. He got all the girls at school and some others from Kernan Middle School. He was annoyed wi h the school to. He was about to flunk and have to repeat the grade because of teachers that don’t put grades in. He was with Jacob when they went to the boiler room. They were planning on doing something huge. They found gallons on gallons of paint in one of the closets and wanted to use it in the commons area. They used there backpacks to transport the paint into the area. They used the outdoor stairs to get in ( One of the hidden things at the school)...
Words: 1302 - Pages: 6
...141 El-madena El-riadia st., Flat 10 Phone: 012-4592887 / 062-3305418 Qatar: 00974/55723824 | | | |Fl EL-Mallaha, Al-Moamen Tower, Suez, Egypt | E. Mail: Medhatelshiwi @yahoo.com | | | | MEDHAT AHMED MAHMOUD EL-SHIWI |[pic] | Objective: I am interested in working as an Operation Manager for your organization. I am an expert supervisor with over 23 years of experience to offer you. I enclose my resume as a first step in exploring the possibilities of employment with you. Biography: Birth Date: 17/4/1966 Nationality: Egyptian. Marital Status: Married. Military Service: Completed. Education: 5/1989 B.sc of mechanical Power Engineering, Mansoura University, Faculty Of Engineering. 7/1999 Master degree in Power Stations, Mansoura University, Faculty of Engineering. Technical...
Words: 1110 - Pages: 5
