...May 1, 2012 To: The Star plus Manufacturing Inc., Executive Members, Chief Executive Officer and All Others that this may concern: On April 24, 2012 the executive consulting offices of Hanns-G LLC, Have continued their investigation and Data Analyzing of the current business processes that have concurrently been in progress at Star plus Manufacturing Inc. Through our Time Spend at Star plus manufacturing Inc., we have conducted the following Business Analytics including but not limited too; Analyzing Qualitative Data, Analytics, Business Intelligence, Test and Learn, Business Processes, Statistics and Customer Dynamics. While Analyzing Qualitative Data; we have conducted Open-ended Questions, accepted written comments on questionnaires in order to generate Single word opinions, Brief Outlooks on company environment. We have also found some finding though daily business observations. During our Analytics practices, we have been able to develop optimal or realistic decision recommendations based on insights derived through the application of statistical models and analysis against existing and/or simulated future data. Business intelligence used a well-established process in guiding organizational change through using Computer-Based Techniques to identify, extract and analyze business data, such as Sales revenue by individual departments and products by each ones associated Costs and Income. Test and Learn methods in order to define the impact that, current strategies are...
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...MARKETING ENGINEERING FOR EXCEL TUTORIAL VERSION v130522 Tutorial Customer Choice (Logit) Marketing Engineering for Excel is a Microsoft Excel add-in. The software runs from within Microsoft Excel and only with data contained in an Excel spreadsheet. After installing the software, simply open Microsoft Excel. A new menu appears, called “ME XL.” This tutorial refers to the “ME XL/Customer Choice (Logit)” submenu. Overview The customer choice (logit) model is an individual-level response model that helps analyze and explain the choices individual customers make in a market. The customer choice model helps firms understand the extent to which factors such as the price of a brand or its ease of installation influence a customer's choice. A brand's purchase probability at the individual level can be aggregated to determine the brand's market share at the market level. Firms also can use customer choice analysis to develop marketing programs tailored to specific market segments, or even to individual customers. Further, if a company has purchase data about its products versus those of its competitors (product choice data), as well as some observed independent variables (e.g., gender, price, promotion), it can use customer choice modeling to answer such questions as: Does a customer’s gender influence his or her purchase decision regarding our product(s)? Do competitor’s promotions affect the purchase of our product(s)? How do our promotions affect...
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...IMPACT OF 3D PRINTING ON ENGINEERING PRACTICE Name: Institution: Introduction 3D printing is the procedure of creating an objective material from a three-dimensional digital replica. Characteristically, this is done by laying down vast succeeding thin layers of a material (3-D printing: additive manufacturing, 2015). To print a 3D object, the manufacturer needs to employ a 3D computer-aided design. Consequently, this report paper shall attempt to look at the impact of 3D printing on engineering practice during the couple of years. Body Engineering practice is the technological activities that guarantee an organization or a company create products of the needed eminence as anticipated (ISPE Good Practice Guide: Good Engineering Practice, 2015). The impact of 3D printing on the medical application is considered to be developing quickly and is anticipated to change the health care. Medical uses of 3D, mutually definite as well as latent, can be arranged into broad alternate groups comprising of tissue along with organ fabrication. Other impacts of 3D printing engineering practice in the field of medicine include the formulation of modified prosthetics, anatomical structures as well as the use of implants in the human body. It is vital to acknowledge...
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...SCHOOL OF MANAGEMENT, MANIPAL IT SKILLS FOR MANAGERS REPORT ON 3D PRINTING Presented by: Group 6 (Section B): Gautham Shetty (141202095) Kruthika S.L. (141202096) Rikith Soans (141202097) Sughosh R. Iyengar (141202098) Brajesh Kumar Pandey (141202099) INDEX Content Page No. 1. Introduction 3 2. History 4 3. The Evolution of 3D Printing 5 4. How the 3D Printing Works 6 5. General Principles of 3D Printing 7 6. Methods & Techniques 8 Selective Laser Sintering 8 Stereolithography 9 Fused Deposition Modelling 10 Laminated Object Manufacturing 11 7. Applications 12 8. Industrial & Personal Printing 13 9. The Cost of 3D Printers 14 10. Future 15 11. Effects of 3D Printing 16 12. Challenges 17 13. Conclusion 18 14. References 19 INTRODUCTION 3D printing is one of the emerging trends in the IT sector which has gained importance. Now a days, in the 21st century we can see that IT sectors plays a major role in development of all sectors. It has become the integral part of our life. IT has acted as a change agent in the present day scenario which has and will keep on bringing big changes in everyday life and 3D printers are one among the changes brought down from the IT sector...
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...Business Intelligence Journal The Evolution of Information Management By Don Hatcher, Bill Prentice Customers today are demanding better service, lower prices, and higher quality goods. With such a volatile economy in recent years and with so many businesses competing for the same customers, it is imperative for companies to continually improve their customer service or else risk falling victim to their competitors. This is one reason why many organizations are rethinking how they do business. For years, they have accumulated valuable information as a by-product of production while failing to put it to good use. When a company knows its customers’ buying patterns, interests, and demographics, it provides a distinct competitive advantage. This knowledge has become so critical in recent years that the process of managing information has become an industry of its own. How does a company manage its strategic information assets in today’s rapidly changing business environment? What challenges arise out of that task? Are there any preventive measures that can ease the “growing pains” associated with moving from one information paradigm to the next? No matter how simple or convoluted the current information architecture is, evolving companies’ effective use of information can help them achieve a level of sustainable competitive advantage that can be measured on the bottom line. [pic] Figure 1. The Information Evolution Model and its Five Levels The Information Evolution...
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...Strategic Planning for eServices1 A Short Tutorial for the Beginners2 Amjad Umar, Ph.D. Senior Technical Advisor, United Nations-GAID Executive Summary Strategic planning of ICT (Information and Communication Technologies)-based services, abbreviated as eServices, is a crucial task for the public as well as private sectors. Given a strategic project (or an initiative), a strategic planning process identifies the main alternatives, the key business/technical issues involved in each alternative, and helps in evaluation and selection of the most viable alternatives before initiating the project. To succeed, the strategic planning process must explore a large number of people, process and technology issues and eliminate surprises. This is not easy because the task of eservices planning in the digital age is considerably complicated due to the changing business and technical landscape and an ever-growing body of knowledge. This short tutorial gives a quick overview of the vast body of knowledge that entails a typical strategic ICT planning process and presents a conceptual framework for further exploration of this important area. 1. An Example – eServices for a City Ms Fran Kuye is mayor of a city with one million inhabitants, located in a developing country.She wants to use the knowledge gained from her MPA (Master of Public Administration) to transform her city to a “Digital City” that heavily relies on eservices to support its citizens. Her overall goal is...
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...System Modeling Margaret Francies Strayer University Term Paper System Modeling Theory– CIS 331 Richard Guirguis Due on 12/8/2010 System Modeling Systems modeling or systems modelling is the approach to the study of the use of models to imagine and construct systems in business and IT development. In business and IT development the term "systems modeling" has multiple meaning. System Modeling can refer to analysis and design efforts, simulation and or system dynamics, and a study of the many uses of these models. There are different approaches to modeling: Agent based data and mathematical modeling. Quality management adopts a number of management principles that can be used by top management to guide their organizations towards improved performance. Principles such as: customer focus, leadership, people’s involvement, the process, system approach to management, continual improvement, facts, and a mutual benefit. . Decision making is a reasoning or emotional process which can be rational or irrational. The cognitive perspective is that the decision making process must be regarded as a continuous process integrated in the interaction with the environment. From a normative perspective, the analysis of individual decisions is concerned with the logic of decision making and rationality and the invariant choice it leads to it can be based on explicit assumptions or tacit assumptions. In decision making, objectives must be established and placed in the order of...
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...ABB Electric Segmentation - Group Case Analysis Team Members: Emeka Ejika John Marceaux Brandon McNabb Todd Teepell Brandon Woods Suppose you are the regional sales manager for ABB Electric, and you have been given a budget for a supplementary direct marketing campaign aimed at 20% of the companies in your region 1. At present, you have information on the Descriptor Data Tab of the ABB Electric Data (Customer Choice).xls spreadsheet about the location of customers (districts 1, 2, and 3) and the sales potential of each account of prospect. Based on this information alone, to what companies would you direct the new direct marketing program? Specify the accounts and customer or prospect types. In order to determine which potential customers to target with a direct marketing campaign we first searched the ‘ABB Descriptor Data’ and identified Customers that we are currently serving to quantify ABB’s market penetration in each District. We then sorted the remaining Customers (Competitor’s clients) by Annual Purchase Volume as it is the only quantifiable metric provided. Next we cross-referenced that with our market penetration in each District. While ABB’s penetration is deepest in District 1 relative to number of customers serviced, District 2 provides the largest source of Annual Purchase Volume by a margin of three times the next closest District (D3). This extreme disparity is the result of one customer with a very large Annual Purchase Volume that is over seventeen...
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...The two risks involved with outsourcing a business process (the off-shore ministry of health) 1. Does the outsourced vendor have adequate internal controls in place 2. Is the outsourced vendor able to provide the same or better quality of the product or service that could be achieved by keeping the business process in house. Three recommendations for the two above risks 1. Ensure there are means of monitoring the effectiveness of the outsourced business process 2. Obtain assurance that the internal controls imbedded in the outsourced business process are operating effectively, through internal audits or external reviews of these controls. 3. Periodically Re-evaluate whether the business case for outsourcing the process remains valid. Limitations of Internal control (5 examples) 1. Human judgment is not perfect(subject to bias) 2. Breakdowns can occur because of errors or mistakes 3. Controls can be circumvented by collusion (two or more people) 4. Management can override controls 5. Controls must be cost effective (costs versus benefits)/ 6. External events outside the organizations control. Why is important from a governance prospective to have an outside director on the Board of Directors. 1) Management receives direct compensation for their work and makes decisions that benefit the short run instead of shareholders long term goals. Having independent directors who don’t receive direct compensation but receive...
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...IMPACT OF 3D PRINTING ON THE FIELD OF MECHANICAL ENGINEERING Name: Institution: Introduction 3D printing is the procedure of creating an objective material from a three-dimensional digital replica. Characteristically, this is done by laying down vast succeeding thin layers of a material (3-D printing: additive manufacturing, 2015). To print a 3D object, the manufacturer needs to employ a 3D computer-aided design. Consequently, this report paper shall attempt to look at the impact of 3D printing on the field of mechanical engineering during the next couple of years. Body Engineering practice is the technological activities that guarantee an organization or a company create products of the needed eminence as anticipated (ISPE Good Practice Guide: Good Engineering Practice, 2015). In the current periods, 3D printing has truly started to attract the thoughts of the people. 3D printings are also prompting an alteration concerning the procedures in which diminutive businesses, as well as industry heavyweights, construct and plan their products. Consequently, this is beginning to be reflected in the present engineering fields. 3D printing makes it probable to create objects with many multifaceted structures than conventional manufacturing techniques. Thus, in the field of mechanical...
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...3-D PRINTERS Your name Author’s note INTRODUCTION A 3D printer is a machine used to create 3D objects from digital files. The designer creates a 3D image of the object in a CAD software or scans the object using a 3D scanner then uploads the file to the 3D printer (3D Printing, n.d.). The printer then slices the object into layers which are then used to print out the object. 3D printers were initially known as rapid prototyping technology as they emerged into the manufacturing industry in the early 1980’s. Little was known about this technology but it was promising because as an additive manufacturing technique, it reduced lead time. The lead time is the time between the ordering and the getting of a product by the consumer (Definition of Lead Time and Cycle Time, 2010). This is highly reduced due to little or no machining of the component. 3D printing reduces material wastage and finishing operations on the manufactured object. This has encouraged the manufacturing sector to welcome it with open arms because it also saves on money, maximizes profits and reduces any needed man power compared to the subtractive techniques (welding, filing, drilling etc.) being employed. Printing in 3D is essential in the upcoming world. Till recently, a designer does not need to design and then manufacture the component in order to sell or present it to potential consumers. This technique has enabled creating of Open Source Hardware platforms, where an idea created in Russia can be perfected...
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...thoughts and feelings. Hence many people don’t feel comfortable, but limited by drawing in just two dimensions. Besides the restrictions of 2D drawing many creative women would rather develop a new, individual piece of jewelry on their own than just to buy a finished product. Wearing their own creations women could express themselves in a better way. Currently alternatives for 3d printing require a high level of technical knowhow and they are very expensive and therefore not accessible to many people. Solutions Possible Solutions could be provided for instance by 3D Printers. In the past they used to be very expensive, but prices have decreased very quickly and technology has made good advances in this research area. Due to these developments experts expect a creativity revolution through 3D printing in the very near future. 3D printing is also very fast and accurate. But one possible disadvantage of 3D printing could be the somehow distanced relationship to the printings. Artists often want to connect with their art in a special way and this is not always ensured working just in front of a display. Besides 3D Printing it is also possible to be creative in three dimensions with modeling clay. Clay is different than other materials because it never hardens, this is in one way an advantage, for example if small kids just want to play with their hands, but it can also being disadvantageous, if an artist wants his art to be solid and long-lasting. Finally of...
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...University of Applied Sciences Fulda and University of Kassel International Food Business and Consumer Studies Innovation Management for the Food Industry 3D Systems Inc. “ChefJet” first commercial 3D food printer: an innovative new product in the food industry Examiner: Prof.Dr. Tonia Ruppenthal Ing.Agr. Emilio José Martínez Pietri 02.07.1981, Valencia, Venezuela. Matriculation Number: 32253922 emiliomarpie@gmail.com Witzenhausen, 07.02.2014 Student Declaration Hereby I assure that I have completed the written test independently and without unauthorized help and have not used aids other than those cited in the written test. I have marked all places which are taken verbatim or analogously from published or unpublished writings. No part of this work has been used in another written test. The citation standard used was APA (6th edition) __________________________ ________________________________ Place, Date Signature Table of contents 1. Historical Background and their products 3 2. Types of innovation the company applies/applied 3 3. Why the ChefJet is innovative 4 4. The innovation potential of the company and the product 5 5. The factors for success 6 6. The factors for Failure 7 7. The process of innovation 7 8. Map of the innovation process 8 9. Innovation Phases 9 10. Possible barriers to innovation 9 11. Analyse the market / competitors...
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...complexities that could not be produced by subtractive manufacturing processes. Through intensive research over the past two decades, significant progress has been made in the development and commercialization of new and innovative AM processes, as well as numerous practical applications in aerospace, automotive, biomedical, energy and other fields. This paper reviews the main processes, materials and applications of the current AM technology and presents future research needs for this technology. Keywords additive manufacturing (AM), AM processes, AM materials, AM applications 1 Introduction The ASTM F42 Technical Committee defines additive manufacturing (AM) as the “process of joining materials to make objects from three-dimensional (3D) model data, usually layer upon layer, as opposed to subtractive manufacturing methodologies” [1]. It is also known as additive fabrication, additive processes, direct digital manufacturing, rapid prototyping, rapid manufacturing, layer manufacturing and solid freeform fabrication. The term AM describes additive fabrication processes in the broadest way that includes AM of prototypes (for design verification, form and fit checking), tools, patterns, and Received December 13, 2012; accepted January 23, 2013 Nannan GUO, Ming C. LEU ( ) Department of Mechanical and...
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...About Poikos Poikos is one of the most successful early stage companies recently started in the UK. The company is focused in developing a software technology that measures human body in 3D and it is also capable for all kinds of common computing devices such as PCs, tablets and smartphones. In 2011, the Poikos team started the development of the FlixFit software which later become the company’s main product and created a great advantage edge for the company’s future expansion. The FlixFit software from Poikos is a highly user friendly imaging system which aims to offer a better solution for the general body measurement services. The FlixFit system provides a simple two-step instruction for users to take pictures of themselves by webcams and the system will then automatically determine basic dimensions of users’ body and present in a way of a 3D model. The largest market for Poikos could be E-Commerce, especially in the clothing commerce field. As many surveys show that up to 40% of clothing bought online are returned because of lacking the suitability in size and style. Thus, the technology FlixFit of Poikos is the key to solve this problem for it allows customers to measure their size and ‘try’ the cloth in their own 3D models, which gives consumers much more confidence and assurance when shopping clothing online. Poikos also targets fitness, which means that FlixFit can be utilized to record the change of people’s height, weight and some other data about size. Some relevant...
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