...ANALYSIS ABOUT THE EFFECTS OF INDUSTRIAL PRODUCTIONS ON AIR POLLUTION Lu Li, Zhaowei Liu ECON508: Applied econometrics May 10, 2013 Abstract In China, many environmental problems have been ignored when it mainly focused on a higher pace of economic growth for a long time. In this paper, we aim at finding the relationship between air pollutions and its potential contributor—industrial development. And we are also interested in finding out which department in industry contributes most to air pollution. With these questions, it is essential for us to bring our analysis into a practical and comprehensive content. In this paper, we choose air pollution indicators and industry output in provincial level, thus we would like to test it based on different regions. We use the fixed effect model to construct the data and use hypothesis testing to testify our model through three characteristics: normality, heteroskedasticity and autocorrelation. After the regression and test, we come to the conclusion that basically our model is an appropriate one although several data and time series problems limit its further accuracy. And what is more, the result is quite accordance with our assumption that industrial sectors do effect the environment to some extent and among all the sectors we discuss, mining is the most overarching element. In order to obtain a better and more convincing result, we still need more information about air quality in our further study and research. Keywords:...
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...By having multiple productions plants globally, it is able to create flexibility and backup options should one of their plants fail to deliver when there is natural disasters or uncertainty within the country. During the Thailand floods, its production was greatly affected as its plants were shut down and unable to operate due to the damage caused by the flood. (Thailand was responsible for the production of 891,000 forecasted vehicles, one of the biggest in SEA). Due to the crippling of its plants in Thailand, Toyota has to scale back its productions in the rest of SEA due to issues faced while exporting certain parts from Thailand. The car maker estimates the disruption in the parts supply chain has affected about 100 kinds of parts. The overall output loss caused by the floods amounted to an estimate of 37,500 vehicles. ISSUES FACED: Toyota has to be prepared for unforeseeable circumstances such as natural disasters. As shown, during the Thailand floods in 2011, its production was scaled back by 37,500 vehicles. Backup supplies from its other branches around the world creating the same vehicle parts could be supplied to SEA during this period to alleviate the burden faced by the plants in Thailand. OPINION: Safety is one of Toyota’s key concerns and also selling point. This must be ensured from the various parts that make the car, from the start to the end. It is understandable that Toyota decided to specialize each plant so that they can be focused on what they produce...
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...out over a co-worker * 10 votes to dismiss Foreman Edward George The workers are the most important asset to the company, so their interest should be first. Second, you have to figure out what to do about the votes to dismiss Ed George. Solutions: Talk to Ed George about his problems with his co-workers. Hold a meeting and get even more workers involved in the voting process, the take another vote. Item#4 Problems: * Overloading which can result in interruption of electrical power. * Not being reachable for Southern Power Solution: Contact Southern Power ASAP. See if they could come out and help with the problem. Item#5 Problem: * Balancing your work and his until Wednesday * Upping production by mid December in the long run Upping production would be the most important problem, because it’s long term. Balancing your work load is just something you have to do until your boss gets back. Solution: Schedule your...
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...Case: Brixton Surgical Devices Brixton Surgical Devices, a public company with sales of over $900,000,000, is one of the world’s largest productions of surgical clamps, saws, screws, and stents. Its business involves production of both stock items and customs pieces for doctors at research hospitals. At the end of the third quarter of 2011, it became clear to Ed Walters, chief operating officer, and Robin Smith , chief financial officer, that the company would not make the aggressive annual earnings target specified by the board of directors. In consequence, Ed and Robin would not receive bonuses, which historically had averaged about 35 percent of their base compensation. The two devised the following strategy. “Here’s what we’ll do,” suggested Ed. “We’ve never offered our customers a discount. Let’s change that right now. We’ll offer a 25 percent discount on all orders placed in October and November for delivery in December of 2011.” “That will certainly boost fourth-quarter sales,” said Robin. “But you know, it won’t really increase total sales. It’ll just transfer some sales from the first quarter of 2012 to the fourth quarter of 2011. Of course, 2011 is where we need earnings to hit our bonus target. Hey, I’ve got another idea. We can also jack up productions of our stock items in the fourth quarter. With our high-priced production equipment we’ve got a ton of overhead. But the more we produce the more overhead we can bury in inventory. With lower unit costs and higher...
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...Case: Brixton Surgical Devices Brixton Surgical Devices, a public company with sales of over $900,000,000, is one of the world’s largest productions of surgical clamps, saws, screws, and stents. Its business involves production of both stock items and customs pieces for doctors at research hospitals. At the end of the third quarter of 2011, it became clear to Ed Walters, chief operating officer, and Robin Smith , chief financial officer, that the company would not make the aggressive annual earnings target specified by the board of directors. In consequence, Ed and Robin would not receive bonuses, which historically had averaged about 35 percent of their base compensation. The two devised the following strategy. “Here’s what we’ll do,” suggested Ed. “We’ve never offered our customers a discount. Let’s change that right now. We’ll offer a 25 percent discount on all orders placed in October and November for delivery in December of 2011.” “That will certainly boost fourth-quarter sales,” said Robin. “But you know, it won’t really increase total sales. It’ll just transfer some sales from the first quarter of 2012 to the fourth quarter of 2011. Of course, 2011 is where we need earnings to hit our bonus target. Hey, I’ve got another idea. We can also jack up productions of our stock items in the fourth quarter. With our high-priced production equipment we’ve got a ton of overhead. But the more we produce the more overhead we can bury in inventory. With lower unit costs and higher...
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...Industrial visit to TVS Motor Company Ltd The Industrial visit to TVS was a great experience for the students of PES-IUP. We got to know the exact picture of the production floor, that how the automated production floor works exactly. Two coordinators from TVS Company explained many aspects of the production and assembly floor. We visited the main manufacturing and assembly units of the factory under their guidance; they cleared many doubts regarding the production, assembly, suppliers of the raw material, production capacity of the company and about the branches of the company. TVS is among the largest two-wheeler manufacturer in India. With plants in Hosur (T.N), Mysore, Himachal Pradesh and Indonesia, the company has large portfolio of vehicles. The company has recently got in collaboration with BMW for their new segments of bikes. They are set to launch their first motorcycle under this collaboration in the second half of the 2014; the new bike is being developed in completely different platform and is testing is progressing smoothly, the company has entered into partnership with German company to develop and manufacture the motorcycles under 500CC to be marketed globally. Some facts about the company(1): 1. Part of USD 6 billion TVS Group. 2. Among the largest two-wheeler manufacturers in India. 3. Comprehensive product portfolio. 4. Widest customer segments. 5. 1st two-wheeler company in the world to win the coveted Deming Award for quality. 6. More than 8000...
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...NAME; TAWANDA COURSE; INDUSTRIAL SOCIOLOGY QUESTION; DESCRIBE THE CHANGES IN SOCIAL RELATIONSHIPS AT WORK UNDER DIFFERENT MODES OF PRODUCTION. Social relationships at work have been changing over time under different modes of production. However, the definition of work has been a contested area due to factors like the differentiation and work and labour, work and non-work and work as employment among other factors. Even though Arendt (1958) defines work as activity undertaken with our hands which gives objectivity to the world. Social relations have been changing to meet the demands of the type of mode of production. In broad outline, Marxist theory recognises several distinctive modes of production characteristic of different epochs in human history. Primitive communism is the first mode of production in the Marxist theory. This is described as a traditional type of cooperation which first appeared about two million years ago. During this period relations of production were based on collective ownership of the means of production by individual communes. They used extremely backward productive forces and primitive forces of labour which can also be called collective labour thus social relationships at work were characterised by collective labour. Due to these characteristics there was economic equality among the primitive people and the absence of exploitation of man by other man. These people were independent with...
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...Forth Industrial Revolution The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres. The Fourth Industrial Revolution can be described as the advent of “cyber-physical systems” involving entirely new capabilities for people and machines. While these capabilities are reliant on the technologies and infrastructure of the Third Industrial Revolution, the Fourth Industrial Revolution represents entirely new ways in which technology becomes embedded within societies and even our human bodies. Examples include genome editing, new forms of machine intelligence, breakthrough materials and approaches to governance that rely on cryptographic methods such as the blockchain. Challenges and opportunities The Fourth Industrial Revolution has the potential to raise global income levels and improve the quality of life for populations around the world. To date, those who have gained the most from it have been consumers able to afford and access the digital world; technology has made possible new products and services that increase the efficiency Forth Industrial...
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...of procurement of new industrial robots. They are also developing their own low-cost industrial robots * South Korea leads the world in terms of robots deployed per 10,000 workers (recently, a South Korean team built the robot that won the DARPA Robotics Challenge, beating teams from the United States, Europe, and Japan) * Switzerland, Netherlands, and United Arab Emirates are among some of the other countries investing heavily in AI, robotics, and drones. * Globalization of robotics is expected to create new opportunities and challenge the leadership of the traditional players. Reduction in Hardware Costs * Cost of industrial robots (such as articulated manipulators, mobile robotic platforms, drones) has been declining in the commercial sector. * The agricultural sector is being projected as a major new market for robots and UAVs. Source: http://spectrum.ieee.org/automaton/robotics/home-robots/six-recent-trends-in-robotics-and-their-implications ------------------------------------------------- Industrial robot statistics Source: http://www.ifr.org/industrial-robots/statistics/ Asia, the most important region * Asia (including Australia and New Zealand) was by far the biggest robot market with about 139,300 industrial robots sold in 2014, 41% higher than in 2013 * Industrial robot sales to the second largest market, Europe, increased by 5% to almost 45,600 units (a new peak) * About 32,600 industrial robots were shipped to...
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...“Industrial Revolution” GKE Task 4 WGU Indiana The Industrial Revolution was the change from hand crafted products and small farming operations to machine manufactured products and large scale farms using more mechanical equipment. While the birthplace of the revolution was in Britain around 1760, one similar took place in America from 1790 to 1870. Britain had tried very hard to keep the monopoly on its industrial technology, however this couldn’t last forever. Some of the British saw the potential of profitable opportunities and took this knowledge abroad (Industrial Revolution, 2013) With any major change in a society has consequences. One social consequence of the Industrial Revolution was the division of social classes. Before, there were the very rich and the very poor. As factories and industry made production of goods more efficient, these goods were cheaper. People could now afford to buy everything they needed and still have money left over. They could now afford to enjoy leisure goods instead of only buying what they needed to survive. Thus, the emergence of the middle class. This class consisted of anyone with a decent job, shop clerks, accountants, managers and so on (Introduction to the Industrial Revolution). While the production of goods at a faster rate and larger quantity made them cheaper and more available had its advantages, the division of society had negative consequences as well. The use of technology on farms meant fewer...
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...Chapter 1 Production and Operations Management (POM): An Introduction 0 Overview • • • • • Introduction Historical Milestones in POM Factors Affecting POM Today Different Ways of Studying POM Wrap-Up: What World-Class Producers Do 1 Introduction • Production and operations management (POM) is the management of an organization’s production system. • A production system takes inputs and converts them into outputs. • The conversion process is the predominant activity of a production system. • The primary concern of an operations manager is the activities of the conversion process. 2 Organizational Model Finance Sales HRM POM Marketing QA Engineering MIS Accounting 3 Organization Chart-Major Elements Manufacturing Organization Operations Finance/Accounting Disbursements & Credits Funds Management Capital Requirements Marketing Sales Promotion Advertising Sales Market Research Facilities Production & Inventory ontrol Quality Assurance & Control Procurement Engineering Design Industrial Engineering Process Engineering Entry-Level Jobs in POM • Purchasing planner/buyer • Production (or operations) supervisor • Production (or operations) scheduler/controller • Production (or operations) analyst • Inventory analyst • Quality specialist 5 Historical Milestones in POM • • • • • • The Industrial Revolution Post-Civil War Period Scientific Management Human Relations and Behaviorism Operations Research The Service Revolution 6 The...
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...out with special emphasis on localized complexes of cultural-products industries. An extensive review and classification of these complexes is laid out, and their inward and outward relations to global markets are considered. On this basis, a critical discussion of local economic policy options focused on cultural-products industries is offered. Contrasting examples of development initiatives in major global cities, in selected old manufacturing towns, and in the Multimedia Super Corridor of Malaysia are briefly presented. It is suggested that the growth and spread of localized production agglomerations based on cultural-products industries are leading not to cultural uniformity but to greatly increased diversity at the global level. Keywords: agglomeration; cultural economy; globalization; industrial districts; local economic development; place marketing Over the past decade or so, the industrial profile of many countries has tilted perceptibly in the direction of a new creative or cultural economy. In some countries, indeed, the cultural economy is now one of the major frontiers of expansion of output and employment. This turn of events is actually one facet of the wider resurgence of a so-called new economy generally in AUTHOR’S NOTE: This research was supported by the National Science...
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...The industrial revolution its effects and the communist theory Western Governors University A. The industrial revolution and its consequences The industrial revolution had significant consequences as it negatively impacted the lives of many. Long hours of work reduced a factory workers quality of life and greed revoked its value. Women who once worked happily from home now worked long laborious hours in a factory. They were usually given low skilled position as well as the lowest paying jobs. A normal day for a workingwomen usually consisted of about ten hours of labor in a factory and later countless hours at home completing their traditional duties. Not only were women working twice as much as they once did many also had to endure double the bulling as they now had to answer to both their boss and a husband. Not only was the quality of life for women reduced but also that of men and children since they as well no longer had time for many of life’s simple pleasures, as they too spent a large portion of their life working. The industrial revolution also caused the value of human life to plummet. Children no longer completed small tasks at home but worked just as long hours in a factory and were usually exploited by their bosses. They were at times given dangerous tasks to complete such as unjamming textile machines. Textile owners understood that if the child wasn’t swift enough they were at risk of a traumatic injury or death. Rather than turn off a machine and lose...
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...Industrial Revolution The Industrial Revolution was an unprecedented period in European history that occured in 18th and 19th century. It represents one of the most significant eras of the modern European history, during which major changes took place in everyday lives of millions across the continent and further beyond. These major changes included improvements in agriculture, manufacturing, mining, transportation and technology, withboth, positive and negative consequences. The main focus of the essay will be the Industrial Revolution in Great Britain (after 1707), an empire (U.K.) that included colonies from all over the world. Practiacally, the Great Britain is the place where it all began. The question is why does the Industrial Revolution occurs in the Great Britain? There are many reasons. The most significant one is that the Britain had an empire which included colonies from Canada to Austalia. It controlled many trade channels and imposed itself as the leading naval superpower. The preconditions were fulfilled and the Britain practically controlled half of the world before, for example, Germany was even unified. The colonies provided many raw materials, with many of them being so rare, that they could be found only in those particular parts of the world. The industrialization, however, had not took place in Britain's colonies. This was not a coincidence, on the contrary. By this, the Great Britain made an access to new markets. Indeed, it does sound absurd that the...
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...One of the ways that the United States evolved during the American Industrial Revolution was the production of textiles. Before the 19th century, women would have to hand weave and sew clothes and other garments for their families. It was a very vigorous process for women to create clothing, so Samuel Slater came up with a brilliant idea to open a mill to produce thread. The thread would then be distributed to women throughout the Rhode Island region, where the mill was located. Over time the mill gained popularity, and soon Slater's small town mill was distributing to large cities throughout the United States. He also improved his mechanism which created thread, and modified it so the mill could produce finer yarns. The production of...
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