...Q.1 Consider the following Cobb-Douglas production function for your company a. suppose both labor and capital inputs are 20 percent each, determine the approximate change in output LnQ=1.345LnL+1.5LnK ∆LnQ=1.345x20%+1.5x20%=57% b. What type of returns to scale characterizes this production function? How do you know? 1.345+1.5=2.845>1 so it is increasing return of scale c. Based on the production function, determine an expression for the marginal product of labor if 20 units of capital are employed. K=20 Q=L1.345201.5=89L1.345 MPL=∆Q∆L=89×1.345×L0.345=120L0.345 Q.2 Explain the meaning of a ‘long run average cost curve’. When is it downward sloping? (5 lines) A curve that defines the minimum average cost of producing alternative levels of output, allowing for optimal selection of both fixed and variable factors of production. when the curve is declining it indicates economies of scale. Q.3 True or False and why? “If it cost $20 on average to produce 100 units of x and it costs $20.20 on average to produce 101 units of x, then the marginal cost when producing unit #101 is 20 cents” It is wrong. MC=∆TC∆Q TC of 100 units is 20x100=2000 TC of 101 units is 20.2x101=2040.2 MC=2040.2-2000101-100=40.2 Q.4 Having just completed a class in “production and costs”, Rohan, the owner of Zee Industries, decided to pay his workers a wage equal to the value marginal product (w =MPL*P). He found out that his labour employment...
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...This assignment requires you to develop your own customized Individual Communication Development Plan (“ICDP”). Although writing instructors, tutors, assignments, and models can help you improve, you simply must take responsibility for your own writing and speaking progress. I will assess, critique, mark up, and grade your papers and presentations, but unless you commit to your own personalized self-development plan, progress will likely be slow at best, particularly given the time pressures while you are in this program. Some of you may already be familiar with the Individual Development Plan (IDP), which is typically a statement of career goals and a plan for how to achieve those goals. See, for example, the Department of Defense’s Individual Development Plan (General Guidelines for Charting your Career Path) at http://www.usuhs.mil/chr/idp.pdf, which is actually my inspiration for Assignment #3. Key to this and other similar approaches is that individuals are empowered to take responsibility for their own self-development. By requiring that you create your own Individual Communication Development Plan, I am encouraging you to manage your own communication development. You should use this Plan to chart your progress throughout the remainder of the program (and beyond). You should frequently revise your ICDP, based on improvement and/or new issues and goals. And you should keep me posted on your development. Here’s another way to think about this plan. Working with...
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...focus look very good for this paper, and I can see this will be a strong research paper. However, right now your thesis statement is the weak link in your preparation for it. Your thesis states one fact, which is fairly easy to substantiate. It's not an arguable proposition that needs a research paper to back it up. Your thesis statement should encapsulate the whole point of your paper, and every point that you want to make in the paper should relate directly back to the thesis. From my review of your Areas of Focus, it seems to me that your thesis should be summarizing how Apple's newer products saved the company from its previous decline. Please revise your thesis and repost it here, or email the revision to me (or both). Red light until you make the revisions. Please let me know if you need help with this. __________________ Professor Martha Crone cronem@franklin.edu...
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...Week of 4/7 to 4/11 Mandatory Meetings Tuesday, 4/8 In class: Editorial Meeting (Complete Peer Review letters) Due: Body of “Propose a solution” Thursday, 4/10 In Class: Revise Body/opening Review Document Plan Two Due: Revised presentation Friday 4/11 11:59 pm Due “Propose a Solution” Don’t compose the end of your Paper. Upload as a google doc; invite assigned Week of 4/22 to 4/26 Mandatory Meetings with Robert Tuesday, 4/22 Due: Document Plan Two In class: Site Build: Reporting Information Thursday, 4/24 Due: Editorial Meeting (Complete Peer Review Letters) In class: Site build: Reporting Information Tuesday, 4/29 In class: Revision Workshop; bring essay to revise Present: Your Webcase Thursday 5/1 In class: Revision Workshop; bring essay to revise Present: Your Webcase Tuesday 5/6 In class: Open Present: Your webcase: Thursday 5/8 Last Day (Mandatory: Failure to attend will affect your grade Thursday 5/15 Complete Webcase Due. Send link to introsummer@gmail.com. Drop off hard copies between 10 and Noon. Location...
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...To: All EBG Employees From: Human Resources Director Date: 25th January 2014 Subject: Company Education Policy Revisions ------------------------------------------------------------------------------------------------------------------------------- EBG will be revising its policy for education and tuition reimbursements while also offering courses. The policy revisions are geared towards making these courses and education more accessible to all full-time employees. To Increase Work Performance In six-months-time, EBG will be offering beginner, intermediate and advanced level courses in reading, writing, and math. Managers may recommend that certain employees go on one or more of these courses. Employees are also free to take any courses at their own discretion. Criteria & Useful Information * The courses will take place during work hours with all criteria covered by EBG. * Under new guidelines, employees will be paid as normal for the hours while in class with all study material and books being provided by EBG. * However, EBG will not cover homework and personal study time as these will be the employees' personal responsibilities. * In addition, we will track all course progress during quarterly performance and annual salary reviews. For Qualified Employees Requiring Further Training * Employees who are qualified beyond these courses, but still require further training to keep up with scientific advancements and knowledge, will be encouraged to...
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...Revising has to do with “looking over” what you have already drafted. It somewhat goes hand-in-hand with proofreading, but in this stage you are searching out parts you may not like as much or parts that wouldn’t fit in with the message you want to convey. Rather than quickly looking over it as you would a text message, revision in the business world involves time and much attention. Not doing so can possibly cause frustration, confusion, and even delays due to the perception of your audience. More importantly, what your message comes out to be could reflect your character, and your way of thinking. It is easier to revise as you write, making it easier to revise later in your writing. You would also want to understand the purpose of your writing and sum up your audience by determining their needs. You’d also want to determine if you would be taking a direct or indirect approach, but you do not want to sound passive. Producing is the more creative part of the writing process. Depending on the medium you choose, a number of things can be done in order to produce or enliven your message. Whether you are formatting or wanting to add visual effects, these tasks would be considered part of the producing step. This involves graphs/tables, captions, fonts, margins, proper spacing, etc. Similar to revising, the main purpose of proofreading is to check for errors such as grammar, spelling, punctuation, missing sources, missing visuals, etc. It’s also good to make sure you’re following...
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...Researching Opportunities – Examination Revision and Evaluation In able to revise in the best possible way I created an action plan so that I could arrange my week before the exam. I thought that this would be practical because I would be able to make the most of my time in order to revise for the exam. I started by identifying my free time and preparing a time table that would be easy to follow and that would help me to obtain the best possible result. In my plan I included how long and at what time I was going to revise and also incorporated what revision techniques I was going to use that day. I took certain points in to consideration for example if I had to change a shift at work or if something urgent came up, I did this because it is hard to know exactly how my week way really going to go. Since my GCSE’s I have not done any exams, so I felt quite nervous about having to do one. When I was in school I used to revise by reading through my notes and high lighting the relevant information, then summarising the information on to flash cards. I also used to create mock questions so that I could answer them, eventually without using any notes or flash cards. Since I have used these techniques in the past I thought that it was a good idea to use them to revise for the psychology exam. Once I had identified my free time I found it very easy to put together my action plan. I created a timetable of the week before the exam and then planned out what I need to do and when I...
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...The Importance of Revision Analysis 8.1 Analysis 8.1 Krystin Tucker EN1420 Why is it important to revise an essay? Many would say to help have your key points put into perspective. Others would say to make sure you have meet all the minimum requirements just to make sure to you get a decent grade. Even though it can be a hassle and sometimes time can be of the essence when it comes to writing an essay it’s always good to take another look at your essay. Revising can help you fix any errors and give you the chance to have someone else look at the paper and give you their views. You can even search for more information just in case you feel your paper needs facts. Regardless if you think your essay is ready for submitting revising it can be beneficial to anyone. The benefit to revising your paper can help you make sure that you’ve hit all the key fundamental points you initially had a rough draft of. By reading through your essay you can go back a highlight and make any grammar errors you may have missed. You can try and look for things that may or may not make sense and place notes on your paper that will help you remember where the errors are. All of this can help you get the grade you deserve especially if the effort to write this essay was very time consuming. Making sure all errors and key points are in check so that whoever reads this paper understands the points that you were trying to get across. Now asking for someone to read your essay can be a huge benefit. Someone...
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...Write a paragraph of 150 to 300 words that summarizes the revision changes recommended. Be sure to examine the following questions and provide examples to support each response: * Does each topic sentence directly address the thesis as well as state the topic? * Does each paragraph have an effective closing that reinforces the main point? * Is the essay coherent? Does it flow from beginning to end? * Is the order of the support logical and effective? * Does the essay provide strong evidence to support any opinions? * Does the essay reflect on the evidence and explain its importance? * Does the essay use strong transitions between sentences and between paragraphs? When it comes to revising your essay there are key questions that you want to ask yourself and make sure that they are answered. You want to make sure that the topic sentence of each paragraph addresses your thesis statement; such as different types of weight loss methods, each paragraphs’ topic sentence should be a different method. You want to make sure that each paragraph has an effective closing statement that reinforces that main point of the essay; like saying that a specific method will help to contribute to the weight loss. When writing an essay you want to make sure that you grab your readers’ attention and keep it throughout the entire paper. You do not want to talk about how a banana is yellow, then say how high the ball can bounce, then back to describing the banana...
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...report and felt unsure whether your ideas are clear or not, or if you've found yourself staring at a draft and didn't know exactly what to do to revise what you have written, you are not alone. It's challenging to look at your own writing and know what works and doesn't. This happens because when you write, you know what you want to say to your audience and the ideas as a result make sense to you. Often times, though, what makes sense to you as a writer may not be clear to the audience. Writers need feedback that gives them perspective and objectivity so during the revision process they know what is effective and what is ineffective in their documents and can work to solve any problems in content and organization that might prevent what they have written from reaching their audience and achieving their purpose. Peer-reviews, as you leaned in Unit 5, allow you to share what you've written and get specific revision suggestions from classmates. At this point, though, it is helpful to understand what to do with the feedback you received. Some types of feedback such as praise and personal opinion, for example, will give you insight about your readers and the parts of your essay that caught their attention. When revising, you can use that knowledge as confirmation that you are on the right track or take it as a suggestion to add more of that type of information or detail in the essay to keep these readers engaged. Other types of feedback that question what you mean or request evidence...
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...creating revision timetables, rather than trying to revise all your subjects every week, focus on revising half of the subjects you’re taking in one week and the other half the following week, etc. A revision timetable tells you what you need to revise each day and puts you in control of your revision. Don’t worry if at any point you get behind. By working towards revising all topics by your first exam, you can catch up between exams. EXAMPLE PLANNER WEEK English Language Monday WEEK 1 Writing (1 hour) Sunday French Geography Transport (1 hour) Vectors (1 hour) Evolution (1 hour) Saturday Nerves and hormones (1 hour) TOTAL Triangles (1 hour) 1 hour 3 hours 2 hours 1 hour Volcanoes (1 hour) Waves (1 hour) 3 hours 3 hours 2 hours Settlements (1 hour) Friday TOTAL 2 hours Trade/Aid (1 hour) Energy (1 hour) Thursday 2. nter the name of the topic you are going to be E revising and how long you are going to revise for against each day of the week (see example planner on the right) Physics Enzymes (1 hour) Wednesday 1. rite the name of the subjects you are revising W along the top. Make a note of which week your planner is for and create a new planner for each week of your revision timetable. (Template is on the next page so you can print off as many as you need) Biology Sport (1 hour) Fractions (1 hour) Tuesday Create your revision plan ...
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...to the hall, your heart in your hands, and then you see the Teachers there trying to comfort you. You start to feel at ease for a little while, then... You see the envelopes there, looking at you, laughing with an evil smirk on there face. Imagine opening that envelope - knowing that all your School life, all those revision hours are contained in that A5 white rectangle. That piece of paper is the start of your life. Finally, you open the envelope! You have the results you always wanted, your heart flutters with happiness, and your face lights up with sheer joy. Then that after feeling comes, the feeling of all your work paying off is just amazing! If you want that exact tremendous feeling then read the remainder of this leaflet to be the best you can be. Do you know how to revise? I bet you’re all having trouble with revising before one or loads of vital exams. I can remember when I had an English exam, all the teachers throwing websites at me, throwing all the different books at me; thesauruses, dictionaries, revision guides. It’s too much! Let me tell you the websites that really help: • www.bbc.co.uk/education/gcsebitesize • www.bbc.co.uk/schools/revision • www.samlearning.co.uk • www.projectgcse.co.uk • www.mymaths.co.uk (Maths Only) Here are some more top tips. Don’t over revise as it causes too much stress. And you need any more stress now, do you? Revise an average amount, not too much – not too less! Revising too much can cause over-thinking of the brain as it...
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...them to think about becoming a sales associate after reading my essay. They will learn the steps and process of being a sales associate and selling the product. When reviewing my peers essay I looked for the thesis statement and the main idea. I also looked for fragments and run-on sentences. After the peer review, I learned that everyone writes different and use different methods and words. After my peers read my essay, I learnt that I use “I” a lot in my sentences and I have many fragments in my essay. I think my essay could have been better and I could have had more information in it then I did. The way I revise my essay, I took my peers advice and changed some of my words and I corrected the fragments. The reason I made these revisions was that my peers and...
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...facility engineering staff, the installing or servicing contractor, or a PSM consultant. The review process evaluates all existing SOPs for: • Safety • Completeness • Accuracy • Efficacy During these reviews, current operating practices are evaluated to determine if any additional SOPs need to be developed. A report on the determination of the committee is provided to the Responsible Person. For each SOP, Form DOC-CERT is used to record all revisions to the procedure and for annual certification. All revisions are recorded on this form, and approved by the Responsible Person. The form contains the following headings: Revision Number - The date the revision was accepted Revision - Description of what the revision was (i.e. “Removed Step 4”) Revision Date - The date the revision was made to the procedure Approved by - The signature of the person who approved the procedure Comments - Any remarks or qualifications concerning the revisions. The modified SOP is changed to reflect the latest revision number. All binders are...
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...! We were given multiple readings this semester. There were certain readings that I really liked and could relate to. To be more specific, one of my favorites was Clueless in Academe. There were others that were aimed at helping me but I was too hard headed to practice. Such as the revision, prewriting, and brainstorming excerpts. My least favorite, the one that I think has less benefit is Revision Strategies of Student Writer and Experienced Adult Writers. Both of the reading were aimed for the betterment of my writing, however; Clueless by Gerald Groff is the one that really grabbed my attention and related to me the most. At the beginning of the semester I was still getting the feel of Middle Tennessee State University and how college functioned. The excerpt reading I liked the most and fit me best was From Clueless in Academe by Gerald Groff. He speaks of how cluelessness is a natural stage. Nevertheless, it is a stage you can escape. He recognizes the potential street smarts college students, and students in general utilize these days. I like to think that I am street smart, as is my writing. Sometimes I may not be completely accurate on the subject, but I can still make it sound good—and some teachers do not get that—as Gerald Groff explains in the reading. As the semester has progressed so has my knowledge of writing and how I write. After reading Groff’s piece I feel more at peace with that clueless feeling I get every so often when writing...
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