Tuesday, March 10, 2020

Effects on the Florida Everglades essays

Effects on the Florida Everglades essays The unique natural wealth of lower Florida has excited the curiosity and imagination and has served the needs of man for at least twenty centuries. Its geographic setting still lures residents and tourists. Everglades National Park is at once a limited and a vast sampling of a region full of contrast. It is made up of adjacent, interrelated areas descriptively called the Florida Everglades, the Big Cypress country, the mangrove coast, the Ten Thousand Islands, the Cape, and Florida Bay. The region has nourished, though sometimes harshly, both exotic and familiar flora and fauna. Its people, from the earliest aboriginal Indians to its present day inhabitants, provide clues and records from which the historian can trace the story of its human history. The Park itself consists of over a million acres of land and water, and is our third largest national park. It is an area without any single point of powerful impact. Many other national parks that are chiefly of geological intere st exhibit great peaks, deep gorges, or spectacular scenes of one kind or another. The Everglades, which is chiefly of biological interest, requires a different perspective on the part of the visitor. The creation of the Everglades we see today was caused by the fractious interplay of rock and water, acted out in the distant and recent past. The park is located on the southern Florida peninsula, which is very low and flat because it was once an ancient sea bottom. The highest point in the Everglades is just ten feet above sea level. The bedrock of the area is limestone, which is made up of marine sedimentary rock. The contraction and expansion of continental glaciers have altered the landscape. The Florida peninsula has been inundated by and later emerged from the surrounding seas at least four times in recent geologic history. As glaciers expanded, they consumed bodies of water, including the shallow tropical seas covering Florida, causing the l...

Saturday, February 22, 2020

DQWEEK8 Essay Example | Topics and Well Written Essays - 750 words

DQWEEK8 - Essay Example The software requirements process will give the developers the requirements that will be required of the system that will be developed. The developers will use the blueprint of the business requirements to come up with the system. It is an important process that will determine the outcome of the system. For any system to be accepted by the users, it will have to meet the requirements and the needs of these users (Tan & Ruighaver 2005). Another important software process is that of software development. This is so because the avoidance of software bugs will help to eradicate the errors that will be met when using the software. The software development process should be undertaken using the right software tools and the right technologies. Without proper tools, there will be many deficiencies in terms of functionalities. When developing the software, the right and modern trends and technologies should be used. Technology is dynamic as it keeps changing. The right and current technology should be used. This will ensure that the resultant software product will be as recent and up to date as much as possible (Tan & Ruighaver 2005). Software improvement is yet another important software process that is important in the software processes. This process is important as it enables the organization to have the latest capabilities from the software. It enables developers to integrate the latest technologies and patch holes that have been identified in the software. Even though the technologies that were used in the initial development of the software could be obsolete, this process of software improvement will enable the software to have the latest features and have had recent technologies integrated. It is, therefore, important to have this important process while developing the software (Tan & Ruighaver 2004). The key processes that are used in the course are six. The parts that re missing are the testing of the software. The ramification of the missing parts is that sof tware testing, if not done, will bring software which might be having deficiencies. This could bring errors in the business processes. Deploying a software product without testing will introduces bugs to the business process. If the bug affects financial procedures, then a lot of money will be lost in the business (Tan & Ruighaver 2005). Another important process that has been missed is that of software analysis and design. This is an important which could bring errors if it is not undertaken. The software product that could be developed could meet the technical requirements but not in the way the users wanted it to be used. It is important to follow the needs of the users. The users will require that the software product follows the design that they anticipated. They might dismiss the whole system just because some function has not been designed in the way they wanted it to be (Tan & Ruighaver 2005). Another process that has not been mentioned is that maintenance and repair. If the software product is not well maintained, then there will be a lot of problems that will be met by users. It will bring a lot of problems to the software users. To improve the process, there will be the need to ensure that the requirements of the users are followed to the latter (Tan & Ruighaver 2004). Question 2 Timing issues are an important component that should be considered when implementing a real-time system. Timing will affect many processes in the whole business process if timing is not effectively undertaken.

Thursday, February 6, 2020

Metallgesellschaft Case Study Example | Topics and Well Written Essays - 1000 words

Metallgesellschaft - Case Study Example MGRM's Supervisory Board avoided bankruptcy by liquidating its forward delivery positions in December 1993. MGRM had begun to experience significant growth since 1989 when it acquired 49% stake in Caste Energy as part of its efforts to become a fully integrated oil business in the United States. As MGRM continued to make a series of costly expansions, its fixed-assets values tripled between 1989 and 1991. In a continuing effort to expand its US business, MGRM entered in to forward delivery contracts with Energy end-users at historic low prices during the summer of 1993. However, these contracts exposed MGRM to the risk of rising energy prices. To hedge this price risk, MGRM acquired energy futures at NYMEX and entered into OTC swaps with large OTC swap dealers. However, since future markets do not trade in very long term (10 years in this case), MGRM's strategy was to concentrate its derivatives positions in stacks or short-dated futures. Similarly the swaps had to be rolled forward continuously. MGRM's strategy exposed it to various risks. Its short-dated positions left it exposed to rollover risk. If the prices had risen, MGRM would have made substantial profits. And the opposite was true in case of the prices falling. However historically, energy prices have always shown an upward trend. Over a period of ten years prior to 1993, the energy market had been predominantly in backwardation. MGRM was betting on Energy prices continuing to rise. However, as shown by Edwards and Canter, its rollover risk was only about 15% of its price risk. Had the market been in backwardation, MGRM would have made handsome profits. But in 1993, crude oil was in contango every month, heating oil was in contango every month except March and April and gasoline was in contango every month except August. As a result, MGRM made substantial rollover losses during 1993. MGRM was also exposed to funding risk since its strategy was that of one-to-one hedge instead of a "minimum variance" hedge. This strategy would have worked had there been a one-to-one relationship between forward and spot energy prices. In that case, a fall in the spot prices would have been balanced by an equal and opposite change in the value of its forward delivery contracts. However, as shown by Edwards and Canter, a one-to-one relationship between spot and forward prices does not exist in the energy market. MGRM was also exposed to credit risk due to the long duration of its forward-supply contracts. And once the prices started to fall, this risk further increased as with the increased disparity in spot and contractually fixed price, the risk of the smaller firms defaulting also increased. Finally, MGRM was also exposed to basis risk due to the one-to-one hedge ratio. The timing of the investment in derivatives also went against MGRM. As stated above, 1993 proved to be disastrous year with energy market in contango for most part of the year. The huge size of MGRM's rollover trade was also responsible for increasing these risks. MGRM's huge holdings, equivalent to 160 million barrels, meant that other firms would have looked at MGRM before taking any steps. The size of MGRM's rollover trade could have also been indirectly responsible for pushing down energy prices. Hedging or Speculating There is some debate over whether MGRM's strategy was hedging or speculation. Culp and

Tuesday, January 28, 2020

Barilla Spa A Essay Example for Free

Barilla Spa A Essay Barilla SpA, an Italian pasta manufacturer is experiencing problems in manufacturing and distribution systems caused by fluctuations in demand. To eliminate these difficulties Giorgio Maggiali, the Chief of Barilla’s Logistics Department, has been trying to implement the Just-In-Time-Distribution, further referred as JITD, system proposed by his predecessor Brando Vitali. JITD can be called a remake of popular â€Å"Just-In-Time† manufacturing concept. Although Maggiali has been trying to convince his consumers that the JITD would definitely work, he has not made much progress. The program was met with significant resistance by the distributors and Barilla’s own Sales and Marketing organizations. Now Maggiali is looking for possible solutions of the problem. In the following analysis we will provide recommendations, which will help Barilla to successfully implement the JITD system and thus decrease its costs, increase efficiencies and its profits. Introduction Barilla SpA was founded in 1975 by Pietro Barilla. From a small shop in Palma, Italy, it became a large, vertically integrated corporation with mills, plants and factories located throughout the Italy. Barilla’s success highly depended on its’ quality of product and innovative marketing programs, which created strong brand name. The company was sold to Grace Inc. in 1971, because the building of a huge plant in Perdignano drove the owners â€Å"deeply into debt†. Grace brought additional capital investment and professional manag Barilla SpA Case Study The biggest challenge facing Giorgio Maggiali and Barilla SpA is the mounting burden that fluctuations of demand have placed on Barillas’ manufacturing and distribution methods, and whether or not to implement a Just-in-Time Distribution (JITD) system for their distributers. The implementation of Just in Time Distribution would allow for a more efficient process for getting the products to the end user when and where they are needed. Solution #1: To implement Just in Time Distribution. For this to succeed, Mr. Maggiali as the director of logistics for Barilla will need to be personally and intimately involved and partner with Mr. DiMaria who is in charge of sales for Barilla and to obtain the support from their own sales reps. Barilla will need to pull the sales reps in for training on how implementing JITD would benefit their accounts, Barilla SpA and themselves. The sales reps will need to â€Å"sell† their customers on this idea and to shift the mentality of their distributers away from â€Å"this is the way we have always done it† and for them to be amiable to exploring new and more efficient ways to replenish their stock. Pro: Barilla would more easily be able to control their manufacturing process and greatly reduce production overruns and stock outs thus enable to pass cost savings onto their distributors. Con: Resistance from the distributors to change may continue. Their distributer may ask â€Å"why is that a concern of mine? † I just want the product I want when I want it. Con: Will incur costs to purchase or develop software needed to gather and correlate sales information. Pro: The initial cost for software development will be offset by savings in lost sales opportunity, reductions in buybacks and an overall increase in productivity and sales. Barilla already has much of the needed data pertaining to sales to the distributers. Con: Customers may be resistant to providing their sales and customer base data to Barilla. Pro: Barilla Sp Company Overview Barilla Spa is a large vertically integrated family owned largest pasta producer in Italy. Its operations are divided into seven divisions: three Pasta divisions, the bakery products division, the Fresh Bread division, the Catering division and the International division. Barilla products were sold through three types of retail outlet: small independent grocers, supermarket chains, and independent supermarkets. Products were sold through CDCs and through intermediate distribution channels. Fresh products were sold through a network of brokers. Inventory levels in the supply were high with larger levels of stock held for dry pasta since its shelf life was high as compared to wet pasta. Barilla enjoyed a strong brand image in Italy. Its marketing and sales strategy was based upon a combination of advertising and promotions. Also distributors can buy as much product as they want to for meeting their demand at the discount offered by the company. Barilla produced two major kinds of products:- a) Dry Products- These include dry pasta, cookies, biscuits, flour, bread sticks and dry toasts. These make 75% of the Barilla sales. They had long shelf lives of 18-24 months or medium shelf lives of 10-12 weeks depending on the product type. b) Fresh products- These include fresh pasta products with 21 day shelf life and bread with 1 day shelf life. Issues Faced The company was suffering from the following problems: 1. Variability in demand- This lead to operational inefficiencies on the part of the company. 2. Inventory Management- The company produced over 800 SKUs, most of which had long or medium shelf lives, thus could be easily stored up at the company warehouse or with the distributors. During periods of low demand, high inventory holding costs had to be incurred. 3. Stock outs- This was one of the major problems which Barilla faced. Many of the distributors were not able to cater to the demands of the retailers during times of high demand. This time B Thoughts on Supply Chain Management The JITD program was supposed to tackle the uneven distribution workload Barilla encountered with its distributors. In order to achieve this, better demand forecast was needed with the support of the distributors. Benefits of the program are below. Barilla’s own logistics organization would be allowed to specify the appropriate delivery quantities that would more effectively meet the end consumer’s needs It would also allow Barilla to distribute the workload on manufacturing and logistics systems more evenly Drawbacks of the program are below. Higher investment costs such as training Since JITD is a new concept, and has not tried out before, there is a risk that serious errors may occur during the implementation process, and this would ruin all previous efforts The value chain consists of five major components, and it can be represented as SIPOC, where S is Supplier, I Input, P Production, O Output and C Customer. Between C and P, there are also the distributors, wholesalers and retailers. It is almost impossible to develop an accurate sales forecast because the market is constantly changing. Factors affecting the market situation are also changing. Without an accurate sales forecast, it is difficult to achieve JIT. This is basically a paradox. No enterprise is able to develop an accurate sales forecast, and without an accurate sales forecast, it is not possible to achieve JIT. Is there really no way out? How about Dell? Dell basically builds computers on a BTO (build-to-order) basis, and this makes JIT possible. But how many enterprises can really deliver products on a BTO basis? What are the requirements to produce on a BTO basis? Barilla definitely was not one of them. Communication here is the critical success factor. The supplier, in this case, Barilla, has to collect information from the distributor, and the distributor has to be able to collect information from the wholesaler, and then the wholesaler has to d

Monday, January 20, 2020

Jungle Book :: essays research papers

Part 1: Identifying 1.) Protagonists- In a story or movie the Protagonist(s) is/are the main character(s). In the story A separate Peace the protagonist is Phineas(Finny). 2.) Antagonists- In a story or movie the Antagonist(s) is/are the character or force in conflict with a main character, or Protagonist(s). In the story A Separate Peace the Antagonist is Gene. 3.) Setting- In a story or movie the Setting is the time & place of the action. In the story A Separate Peace the setting is at the Devon School. 4.) Mood- In a story or movie the Mood is the feeling created n the passage. In the story A Separate Peace the mood is sad because jealousy ruined Gene & Finny’s friendship. 5.) Conflicts- In a story or movie the Conflict is a struggle between opposing forces. There are two types of Conflicts: Internal & External. An Internal Conflict involves a character in conflict with himself or herself. In the story A Separate Peace the Internal Conflict is Gene vs. himself. In an external conflict, the main character struggles against an outside force. In the story A Separate Peace the External Conflict Gene vs. Finny. 6.) Suspense- In a story or movie the Suspense is the feeling of curiosity or uncertainty about the outcome of events. In the story A Separate Peace the Suspense is when Gene shakes the tree limb & Finny falls & shatters the bone in his leg. Part 2: Elements of plot   Ã‚  Ã‚  Ã‚  Ã‚  1.) Exposition- In a story or movie the exposition is the background information, which sets the scene for the conflict. In the story A Separate Peace the exposition is the following: At the beginning of the story Gene has been out of school for fifteen years & has decided to come back & visit. While visiting he saw the tree that Finny & he had jumped from into the Devon so many years a go, which brought back a lot of memories. He then remembers the Super Suicide Society of the Summer Session. That was the club that Finny came up with.   Ã‚  Ã‚  Ã‚  Ã‚  To be in the club you had to jump off a high tree limb & into the Devon. Since Finny was a daredevil, he decided to go first. Gene was an intellectual & was afraid to jump, but he jumped anyway. They were then late for supper, which had been noted by Mr. Prud’homme.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  The next morning Mr.

Sunday, January 12, 2020

Raynair Business Model Essay

This year, Air Scoop is publishing an updated report on Ryanair’s Business Model, with a new task in mind. Starting from what was built last year, the 2011 Ryanair report has been conceived with a double objective in mind: to provide readers with a brief, compelling, synthesis of Ryanair’s business model and highlight new elements and evolutions in Ryanair’s skies. In no way is that report intended as a replacement of the one published last year, rather as a complement that should provide anyone interested in the European low-cost industry with a wealth of information on the market’s most important company. Conceptually, the 2011 report was elaborated along two different axis of analysis. In a first part, the report starts by taking a look at Ryanair’s revenues and expenses. According to the company itself, if Ryanair has grown so fast, it is thanks to an efficient mix of ever increasing sources of income and ever wider cost-cutting measures in all services. For this reason, the 2011 report looks, item by item, at Ryanair’s cost-cutting, profit-maximising strategies. From the most discussed to the lesser known tactics, the goal is to show how Ryanair has managed and still manages to constantly extract increasing income from its passengers while maintaining rock-bottom prices, through a relatively complex fare system and a slew of ancillary services. The report also investigates Ryanair’s largely misunderstood relationship with its own assets and how the airline managed to practically neutralise costs usually associated with aircraft and human resources, even turning airports into direct sources of revenues. The second part of the report is dedicated to a more analytical approach of the airline’s structure, providing the reader with an analysis of what Air Scoop judges to be the three main strengths of the airline. Namely, Ryanair’s legal strategy, whose dominant feature is an extremely proactive stance towards anything even remotely menacing to the airline, deterring irate customers from engaging legal action and submerging European regulators with complaints. Second, and perhaps most important, is Ryanair’s financial structure itself, through which the airline has optimised every part of its business, taking advantage of varying legal and fiscal frameworks all around Europe. Third is the most visible, but also possibly the least understood, part of Ryanair’s package for success, its communication. The airline, mainly through its hyper-charismatic CEO, Michael O’Leary, has managed to be present in every form of media outlet almost daily. Whether it be in good or bad terms, Ryanair is being talked about, and gets into customers’ minds and on every newstand in Europe. The traditional pricing system means that â€Å"fundamentally, each flight must be paid for by exactly one fare, but a single fare may pay for more than one flight. Multiple fares may be combined to pay for all the flights in a journey. The airline industry uses the term fare component (FC) to refer to a fare and the flights it pays for (covers)†1. Fare components can be combined in six different geometric figures (ranging from direct trip to elaborate circle trip), any combination of one to four fare components qualifies as a â€Å"Priceable Unit† (PU). A ticket can be built from any number of priceable units to form a coherent sellable trip. Some more restrictions may apply such as rules indicating that there â€Å"must be a Saturday night between departure of first flight in first fare component of priceable unit and departure of first flight and last fare component†2. This results in an incredibly complex faring system in the traditional airline industry and low transparency for customers. Many low-cost carriers use a different pricing system. Because companies such as Ryanair rely on a point-to-point rather than a hub-and-spoke system, they cannot offer similarly connected flights. Ryanair has decided to turn this into an advantage and offer simply-priced â€Å"point A to point B† tickets, avoiding the hassle of elaborating complex ticket structures and allowing the company to deny any responsibility in a missed connection while having the opportunity to intensively utilise aircraft and crews.

Saturday, January 4, 2020

Essay about I Am An American - 1673 Words

Since the 1800s, immigration has been considered a problem that is out of control in the United States. Government officials have claimed that the issue of birthright citizenship is the core of the dispute over immigration. To try and remedy this situation, holders of public office have held hearings and debates in an attempt to â€Å"redefine† what it means to be an American citizen. Birthright citizenship is the term used to refer to the citizenship that is granted to an individual who is born on the associated territory. Providing an individual with citizenship of any state or country means that one now has the rights, privileges and duties of a citizen in the related region. In the United States, birthright citizenship is a highly†¦show more content†¦This text implies that any individual, no matter their original location, is subject to the privileges of an American citizen. Some argue that the language of the Fourteenth Amendment has been misinterpreted and abus ed as time has passed. The backbone for this argument? — â€Å"Subject to the jurisdiction thereof.† In the Fourteenth Amendment, this phrase holds the key to why birthright citizenship can be deemed unconstitutional. Government officials say that these key words were put in the constitution to specifically to exclude Native Americans born on reservations and any other foreign national. In 1884, the case of Elk vs. Wilkins was brought to the attention of the U.S. Supreme Court. In this case an Indian named John Elk, who was born on a reservation within the U.S. border, was denied the right to vote by Charles Wilkins even though he had moved to a non-reservation territory and separated himself from his tribe. Elk argued that he deserved the right to vote as a U.S. citizen because based on the Fourteenth Amendment he was granted automatic citizenship for being born in the United States. The U.S. Supreme Court came to the conclusion that Elk was not considered an American citizen just because he was within U.S. jurisdiction. It was stated that in order to be considered a citizen of the United States, you cannot oweShow MoreRelated I am Arabic, I am an American! Essay620 Words   |  3 Pagesmy own thoughts and ideas about the terrorist acts against my country, the United States of America, I have decided that there is no right or wrong way to handle the situation. The fact is, something just has to be done. I have studied our involvement in World War II, but the attack on the World Trade Center has really affected me. I grew up with the idea that although German- and Japanese-American citizens are innocent, many of us still have stereotypes about them. Why? What is so hard for us toRead MoreI Am An Italian American Essay1651 Words   |  7 Pages I am an Italian-American, female college student who comes from a middle-class background. 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