...Working Computers is a technological company that had been in business for almost thirty years. Within its thirty years of existence, they built and distributed a unique line of desktop computers, laptop computers, an operating system which was preferred by media professionals around the world, and personal data appliance (PDA) - the Bernoulli device. Jennifer Sobieski, an analyst in the headquarters of Working Computers, has to evaluate her division to determine the best course of action. Working Computers needs to make a capital budgeting decisions regarding their Bernoulli division. The choices are: 1) invest $18 million and keep division; 2) invest $18 million and sell the division 3) Make no investment and keep the division; or 4) Make no investment and sell the division. Bernoulli Device (PDA), which makes small computer devises, faces losing market share and increasing competition. Their PDA can only be uploaded and download from a Working-brand computer. Also, their competitors are developing software outside the US, which is lowering the competition’s cost. Major software developers are developing competing platforms at the expense of the Bernoulli, which in turn is hazardous to Working’s market share. Another problem for the company is their PDA is “behind the times” and a “drain on the rest of the corporation.” According to Ms. Sobiesk, Bernoulli lab will need $18 million of upgrades to compete and regain market share. However, Stewart Workman, CEO of Working...
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...Working computers study Recommendations Working Computers should move forward with the $18 million investment. The reason and recommendation to move forward with Bernoulli investment is given because it would be beneficial to the company and produce higher revenues as opposed to not making an investment. Some aspects against the decision of the investment, Stewart Workman feels the Bernoulli Device is a burden on the company, and it’s not producing enough sales and thereby feels that the company is losing funding. Stewart Workman feels the current funds could go to other investments in the company that would be better or more important Some aspects of getting rid of the Bernoulli Device could also help with increase in market shares if invested in desktop and laptop computers, since the current market shares are down with Bernoull. Stewart Workman is considering outsourcing the company’s production, which could decrease expenses and increase revenues because the cost of production would be less saving the company money. The Bernoulli Device is not withstanding the current market of competitors who devices are more advanced than the Bernoulli device and offer better options. Competitors currently use manufactures outside the U.S, which has lowered their production cost, and this is what Stewart Workman goal is for the company to get back on track, which is a good reason against the $18 million investment, and to get rid of the Bernoulli Device The reason for investing...
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...ANA H. RÍOS SÁNCHEZ H.C. 57 BOX 10037, Aguada P.R. 00602 Arianis1977@yahoo.com - (787) 546-0263 OBJETIVO Adquirir un empleo en una posición relacionada con mi experiencia y educación, la cuál me provea una oportunidad de crecimiento y desarrollo profesional. EDUCACIÓN 1998-2003- Bachillerato en Administración de Empresas y Gerencia de Hoteles- Universidad Interamericana- Recinto de Aguadilla 2004-2005- Certificación en Educación Secundaria- UMET de Aguadilla EXPERIENCIA Fancy by Arianis Boutique Rincón, P.R. Propietaria 2009-2014 · Atender al público en la búsqueda y selección de mercancía. · Realizar inventario de las utilidades y mantener los registros del mismo. · A cargo de impulsar ventas y mercadeo através de las redes sociales Escuela Jorge Seda Crespo Rincón,P.R Servicios Profesionales (Tutorías) 2014 · Reforzar material de la clase de español · Fomentar el aprendizaje para el beneficio de el estudiante. Coordinadora Regional de Tutorías Rincón, P.R. 2012-2013 · Encargada de visitar cada escuela asignada para matricular...
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...Is Dell's working capital management a competitive advantage? Dell introduced built-to-order manufacturing to the PC industry. This manufacturing process allowed for customers to have customized PCs with the latest technology, and Dell was able to keep its work-in-process (WIP) and finished goods inventory at very low levels. So less capital is spent in inventory and storage. WIP and Finished goods percent to total inventory was 10-20 while IBM e.g. 50-70. See Exhibit 2 DSI is constantly reducing and therefore storage cost as well which affects finally reducing CoGS The company markets its computers directly to its customers and builds computers after receiving a customer order. This build-to-order model enables Dell to have much smaller investment in working capital than its competitors. (same as Just in Time) It also enables Dell to more fully enjoy the benefits of reduction in component prices and to introduce new products more quickly. Low Inventory led to quick adoption of changing technology- e.g. flaw in Intel chip. Dell has grown quickly and has been able to finance that growth internally by its efficient use of working capital and its profitability. 2. How did Dell fund its 52% growth in 1996? ews In 1996, their operating margin increased from 4% to 5% (in 1996)…Operating assets as percentage of sales also reduced….from 31.94% to 29.40% (in 1996)…(operational efficiency) so sales increased using less assets, this generated extra working capital to...
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...Rehabilitation Plan -Darling Red Introduction: The current rehabilitation plan is based on a 26 year old biracial female, who is married to a member of the armed forces. She is also a military veteran that went through a medical board that resulted in early separation after seven years in the Army. Our client suffers from PTSD as result of her unit being attacked while on deployment. She suffers from depression secondary to back pain and thyroid disease. Currently she and husband are struggling financially; she lives with her in-laws while her husband is on deployment. Client unable to manage personal finances and presently not employed. Program Development of Informational Needs Physical factors: Extent of Disability 1. How does the disability handicap employment potential? 2. Is the disability progressive or stable? 3. Can person’s functioning in activities of daily living be improved? 4. Is the disability stable enough to initiate rehabilitation programming? Psychosocial Factors 1. To what degree has the client adjusted to the handicapping aspects of the disability? a. Does the person use “disability” as an excuse for failure? b. Are any of physical symptoms psychologically based? c. Does the client have the emotional stability to engage in a vocational rehabilitation program at the present time? In the near future? Family and Friends 1. What positive or negative role will the individual’s family and friends play in the rehabilitation process...
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...Feedback Another type of ambiguous communication in a task-oriented setting is the exchange of feedback messages. Since e-mail is proven to be very practical in the exchange of documents (e.g., Sullivan, 1995) it has also become more common to deliver feedback on these documents by e-mail. Feedback messages can be considered ambiguous because they have an objective, critical component, but also a motivational component in the form of constructive feedback. In organizations, feedback is considered as a first step to improvement and personal development. This makes it an important resource fuelling our motivation at work (Bakker & Demerouti, 2007). However, if information is likely to be negative, media choice can be crucial in delivering the feedback (Fulk & Mani, 1986). In our western society it is not done to send negative personal feedback by e-mail. In such a situation, F2F interaction is preferred. The question is, what is in best concern of the employee? The space between the sender of the feedback (manager) and the receiver (employee) is regulated by the context of the interaction and by the history of the relationship between the two (Lave, 1993). Positive feedback is not that difficult to deliver because it usually makes the receiver happier. Media choice is also no issue, since positive messages are less ambiguous and more easily interpretable than negative messages. However, many people have a natural reluctance in communicating undesirable feedback, which is in...
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...Company Profile: The Levant Sweater LTD is a sweater manufacturing company. This company is a professional apparel manufacturer. We are engaged in all kinds of garment, such as men’s sweater, women’s sweater, children’s sweater etc. With the advanced technologies, rich management experience, exquisite production process and unique, creative design thoughts, our products enjoys good reputations both at home and abroad. All the products we provide are professionally designed and skillfully manufactured. We also accept customized orders to meet your specific requirements. If anyone interested in any of our series of products, or need any related items, please contact us with details of your specific orders. We warmly welcome domestic and foreign friends to cooperate with us based on mutual benefits. The Levant Sweat LTD has strongly believed in some truths which are: 1. Trustworthiness 2. Clear Dealings 3. Always Customers first 4. Quality 5. On time 6. Honesty, and 7. Eternal Relationship. The Levant Sweater LTD clearly follows the terms and condition of Bangladesh Government. The entire act and laws posted by the Government been strongly followed in our terms and condition of company. An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and The Levant Sweater Ltd. Basic Information | | Company Name | The Levant Sweater LTD | Business type | Manufacturing | Product/Service...
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...I. Proposed Project Title A Study on the Effect of Chewing Gum on Students’ Working Memory II. Objectives of the Study The study aims to characterize the relationship between chewing of gum and the working memory of students from the College of Engineering. Specifically, the study aims to discern whether chewing gum positively affects working memory capacity whether through visual digits, shapes, or simple math. By determining the results, the study also aims to inform students of a useful tool in focusing on course material. III. Review of Relevant Literature Working memory capacity is a type of memory used daily, and is especially important in education as it measures the potential to learn. Stephens and Tunney (2004a) found that chewing gum improved working memory capacity, specifically digit span and spatial span. Hirano et al. (2008) came to the same conclusion through a different measure of working memory (the n-back task). According to Allen and Smith (2009), further research is needed in order to support this claim. IV. Process Diagram The response variable, working memory capacity, will be measured through a test that measures the ability to recall, in correct order, an increasing sequence of units, such as digits or shapes. Tests of this nature are available for free online, some of which, such as GoCognitive...
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...planning Chapter 12: Inventory planning and... Study guide | This chapter is relatively unusual in so much as it takes more of a quantitative approach to its topic. While not avoiding quantitative models where they are appropriate, the general approach of this book is to deal with operations management from a ‘general management’ point of view. Here we include some quantitative models of how inventory is managed mainly to demonstrate that some parts of the inventory decision can be quantified. In practice, most of these decision models will be embedded within an operation’s routine stock control computer system. However, whilst working through them remember that it is the underlying principles behind the models which are more important than the mathematics on which the models are based.Your learning objectivesThis is what you should be able to do after reading Chapter 12 and working through this study guide. * Understand what is meant by an inventory and why they exist. * Identify some of the advantages and disadvantages of keeping inventory in an operation. * Understand the basic principles behind the quantitative approaches to deciding how much inventory to keep. * Be able to describe the limitations of traditional quantitative models of inventory decision making. * Identify the two main approaches to managing inventory on an on-going basis.What do we mean by inventory?The chapter discusses inventory (we use the word interchangeably with the word ‘stock’) predominantly...
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...the education system it is apparent that working class children achieve lower attainment than children from a middle class background. It is suggested that the system is biased and designed for white, middle class children disregarding the needs of the working class and ethnic minority children. However most researchers believe that there is a similar ‘range of ability’ in every social class which could mean that class differences in educational achievement are not due to class differences in intelligence but more to do with other factors in society such as low expectations and low aspirations, lack of deferred gratification and economical issues all of which are more apparent in the working class. Children from working class backgrounds tend to experience economical hardship more so than any other class; this is often linked to material deprivation which these children are exposed to throughout their life. Material deprivation in social class five has been closely linked to the underachievement of working class pupils in schools since the 1960s when sociologists claimed that a child’s attainment could be linked to a lack of something which was then found to be a kind of deprivation. A lack of money and the things that money could buy combined with a lack of skills and the absence of a good attitude contributed to a child’s achievement in school. These children are unable to acquire much needed educational items such as a computer with internet access, desks and reference...
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... Grandparents and father are from Madrid Spain, grandparents and mother and from Ecuador. On the other hand, my father is the youngest of a family of 12 kids. He became an industrial engineer and end up working in underground mining. His job was very dangerous, long days of work and the responsibility was huge. But the paid was very high. The think he liked the most was the option to travel to other places in and outside the country. The job most of the time was tragic and sad for the families of the miners; people will end up dying for many reasons. This job has been one of the longest job he did. My father salary was good when he started, then with time things change as the economy change, with the years the impact was mostly for newer people in the industry. Because of his position he had all the benefits working for the company. For example: if he wanted to invest stocks in the company, medical and insurance benefits. He was treated good most of the years he got to work for the company, the only think he mention about disliking in the company was the fact that he couldn’t have too much of a social life with people he was in charge at work. The work wasn’t like to work in a office and that you are able to have a more social life to know one another, when your working in a mining, the most important thing of the day is to get the work done and make sure about the security of the workers. When my father started his job in mining he got his...
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...1. How was Dell`s Working Capital Policy a Competitive Advantage? Dell used its working capital policy as a competitive advantage by reducing the amount of WIP and finished goods inventory in its system. As a result of maintaining a minimum amount of inventory, Dell reduced its need for inventory financing, warehousing and inventory control. Dell kept its accounts payable (A/P) account to a minimum volume by waiting until the customers order was received before placing the “release” order with their suppliers. Dell’s suppliers were all located very close to Dells manufacturing plants, and made daily deliveries to Dell based on just-in-time delivery. By not receiving the parts until the last minute, Dell kept both its inventory and its accounts payable to a minimum. On the sales side, Dell took orders directly from consumers who normally pay with a credit card online, or over the phone. Because Dell waited until they received the order from the customer to start building the computer, Dell kept the CCC (cash conversion cycle to a minimum). If Dell were to operate at Compaq’s DSI level, we estimate that Dell would have to increase its 1995 inventory from $293m to $668m, which is an increase of $375 million. This would mean that Dell would have needed to invest in $668 million in inventory. I believe that the main reason that Dell was able to maintain such a low level of inventory compared to their competition has a direct result of their competitive strategy to maintain a minimum...
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...PAYMENT SYSTEMS AND WORKING HOURS In order to attract workers and to retain the best performers, employers need to have a compensation system that will achieve these objectives. Furthermore, employers need to comply, with the relevant law which relate to payment systems and hours of work. Payment systems and quantum of payment play a significant role not only for individual employers, but also at the level of society. WAGE AND PAYMENT SYSTEMS In return of their work, the employees of TNB are paid agreed amounts of remuneration. Typically, employers also provide some payments to motivate workers to maximize their output. Thus, a remuneration or compensation package consists of several elements, usually a combination of basic pay, incentives and benefits. REMUNERATION PACKAGE There are three (3) remuneration package consist of wages, benefits, incentives. I. Wages -Attractive salary scheme -TNB gives their wages depends on different positions and tasks. II. Benefits -Medical coverage and insurance benefits 24 hours by EWRM -Holiday accommodation -Promotion -Loan benefit : electronics, house, car, motor, computer/ laptop III. Incentives -Reimbursement and allowance -Annual increment and bonuses TNB practices online payment system. They distribute payment by Employee Self Service (ESS). Besides that, TNB also use other method of payment such as ERMS / EHRMS. There are two major system of payment : 1. Time-related systems 2. Piece-rated...
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...educational purposes such as Textbooks, pens/pencils, computers/technology etc, also they may not be able to afford uniform meaning that they will have to use, used, worn and shabby uniform from the lost and found which could lead to bullying. Since poverty and deprivation apply only to children from working class backgrounds in many cases, these are potential causes of differential educational achievement, lack of money for transport, school trips, technology, these make a difference between a good, healthy education and a bad, unhealthy one as these things are vital, without such things they’re education is affected and they would be most likely unrecognizably behind which could affect students grades which would most likely lead to the cycle of deprivation. In all social groups class plays a large role in attainment of children in education, for example a particular book or a particular type of researched homework may be asked from a teacher with a class of both middle and working class students, it is more probable for the middle class students to have completed it but on the other hand the working class student may not be able to afford the book or even have access to a computer to do any research needed and that therefore may lead to the teacher telling the student off and labelling, which subsequently could then lead to bad behaviour as defence and self fulfilling prophecy, middle class students may also look down upon the working class student as they would assume that she/he...
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...Introduction Dell Computer Corporation continues to have successful growth due to its innovative “built to order” business model and customer service focus which includes direct selling. Dell’s ability to maintain low levels of finished goods inventory minimized the cash conversion cycle to a high extent, thus minimizing the need for costly working capital. In past years, Dell has mainly financed its operations internally and secondly through the issuance of shareholder equity and small amounts of long term debt. Statement of Problem Being more flexible and responsive to market demands, Dell will bring new, superior products to market quicker than its competitors. This has created an expectation for large, double-digit growth in the upcoming year. Dell needs a plan for financing the large potential growth. Recommendations Dell has working capital advantages over its competitors which it should continue to pursue. Dell funded its FY 1996 growth both from internal and external funds. It was wise to seek external funding to support Dell’s healthy growth. If Dell were to grow by 50% in FY 1997, it is recommended to seek external funding for the amount not funded internally. Dell should issue debt and continue to take advantage of its strong internal cash conversion cycle to fund its continued growth. Dell should not reduce its external funding as it will limit its growth. Methods of analysis & Discussion (Q1) Dell’s advantageous working capital policy enabled the...
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