...Total Pages : 2 Page : 1/2 PROGRESS REPORT FOR OCTOBER 2012 Date of joining : 1st October 2012 (Day of Meeting) Customers : Five Star Hotels - 5 Four Star Hotels - 5 3 & 2 Star Hotels - 8 Clubs - 1 Catering - 3 Coffee Shops & Rest. - 5 Apartments & Residence - 3 Food Stuff & Traders - 1 Cash Customers - 6 --------------------------------------------------------- Total No. Of Customers - 37 -------------------------------------------------------- Progress : 1. Awareness of all Customer names. 2. Covered all 5 Star, 4 Star and 3 & 2 star hotel locations. 3. Paying regular visits to all these hotels. 4. Samples of few items are also provided to some hotels on their request. 5. Shangri La starts using Caster Sugar and is interested to deal with other products that it had previously stopped or has not previously used. Quotation of items has been provided. 6. Crystal Salam places an order for Heera Panna Gold (a sample of this rice was provided earlier). Contd… Page 2/2 7. Hoping to get some positive results from Fairmont Hotel, Centre Novotel Hotel and Bon Food Rest. as some samples and quotations have been provided. Method practiced: 1. On my interaction with the...
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...in the “luxury vacation business. Customers were treated to a wide variety of activities, and entertainment and sumptuous food while they were at sea. The appeal to the user was to experience luxury and fun while cruising amount interesting vacation-oriented ports. Cunard offered cruising on seven ships. Five of them were in the luxury (5 star) category, and two were in the premium (4 star) category. Each had its own distinctive image and positioning: The first of the cruise ships was considered to be the finest in the world it was called the QE 2. It offered ultra- luxury accommodations and exquisite service. In addition to traveling between New York and Europe it was used in the Caribbean and made one round the world trip each year. The QE 2 had a capacity of 1,850 passengers. The Ultra Deluxe was the Sagafjord and Vista fjord were five start cruisers. They ported primarily out of American ports for cruising in the Caribbean, Alaska and the south Pacific. The capacity for these ships was approximately 550 and 750 passengers, respectively. The Cunard Countless and the Cunard Princess were less formal and less expensively priced cruise ships. They were considered 4-star premium cruise ships. Both were positioned as casual and the marketing for them tended to be more...
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...Five Star tools is a small business that produces diamond coated cutting tools such as chisels and saws used by jewelers. The company produces these tools in a 3 step manner. The steel is cut according to size and is finally coated with diamond for effecting cutting for jewelers. Recently the company has been doing well and receiving a lot of order but some of the orders have not been completed due the limitation in the coating and sharpening process. The problem with the coating and sharpening process has caught the eye of the vice president Maxfield Turner and Betty Spence, vice president of marketing. They are concerned that they will be known as unreliable if they continue to miss order deadline. The task ahead of them is to figure out what steps can taken to loosen the constraint in coating and sharpening. The best to solve the problem faced by Five Star Tools is to deploy the Goldratt five steps system to maximize profits. The first steps in solving the problem is to figure out what the constraints are. And in the case of Five Star Tools it is the availability of production resources. Second the company should try to produce Model C120 as it only takes 0.2 hours in the coating department. Thirdly managers should focus on trying to loosen the constraints, and should implement various strategies in order to reduce the idle time of workers. Finally the constraints can be eliminated by using the latest equipment in the coating process, by automating the process and...
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...Five star tools is a small family-owned tool that manufactures diamond coated cutting tools used by jewelers. Recently, the company has begun to experience growth which has caused constraint in one of the three production process. The president of the company, Maxfield Turner and vice-president of marketing Betty Spence, recently sat down to discuss the possible solutions to eliminate this constraint. Five star tools have three major production processes: first, the steel blanks are cut to size, second the blanks are sent to a chemical bath that prepares the coating process. Lastly, the major process where constraint is shown, the blank are coated with diamond chips in a proprietary process, simultaneously coats and sharpens the blade of each tool. The president fears that since there is a bottleneck in the last process, customers will not get their tools in a timely manner. The president does not want the company to garner a reputation for unreliability. Betty Spence the vice president of marketing believes that the solution to this constraint is to concentrate on the more profitable tools which will free up production resources. Using Goldratt’s theory of constraint, identifying and coming to a solution can be solved in Goldratt’s five steps; The first step is identifying the problem, Both Maxfield and Betty has identified that the problem is the bottleneck in the third process of production The second step is optimizing use of restraint, which means finding the product...
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...Case 7-2 Five Star Tools 4/14/2012 Managerial Accounting Five Star Tools is a small manufacturing firm, founded by Frederick Turner, that produces diamond-coated cutting tools used by jewelers. Production of these chisels and saws involves three major processes. Blanks, tools without diamond coating are cut to size. They are then sent to a chemical bath that prepares them for the coating process. In this process, if the operator finds rough edges or blemishes, he/she smooths and buffs them before the actual coating takes place. From there, they are coated and sharpened. Afterward, they are all inspected and the defects are repaired or scrapped. The company has experienced substantial growth in the past two years, along with growing pains. They are at capacity and have missed deadlines on orders for several important customers. Maxfield Turner, son of founder, is the president and Betty Spence is vice president. Over lunch one day, they discuss the situation at hand. Betty stated that if know they won’t be able to complete a deadline, they should not accept it. She added that they cannot keep customers waiting and she does not want to develop a negative reputation as being unreliable. Max had another approach. He stated that they should concentrate on the more profitable products and drop some of the less profitable ones to free up resources. He is going to have the accounting department draw up a profitability analysis to help figure out which products to concentrate...
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...America has one of the highest incarceration rates in the world. Millions of inmates in the United States are serving lengthy sentences with inadequate nutrition. For many, this fits along with the nature of their consequences, but the fact that behind the crimes are humans that require proper nutrition to live is undeniable. Prisons have a duty to provide balanced meals accompanied with the public responsibility to keep it under a minimal budget. A balanced meal consists of five groups of foods: fruits, vegetables, grains, protein, and dairy. I am not suggesting that prisoners ought to be fed a five star meal because frankly that is paid for by taxpayers. But by changing food high in sodium, carbohydrates and sugar your money would be spared...
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...7 – 2 Five Star Tools Managerial Accounting BUS 5431 Fall 2015 December 6, 2015 Executive Summary Five Star Tools is a family controlled manufacturing organization that makes chisels and saws utilized by diamond setters. They deliver the apparatuses using a 3 stage process. In the previous two years the organization has encountered critical development and now and again has not possessed the capacity to meet request due dates. Administration has acknowledged that they have a bottleneck in the coating and sharpening procedure. Overview The president of Five Star Tools, Maxfield Turner chose to meet with the VP of Marketing Betty Spence to address the missed due dates and production capacity. In their meeting Betty Spence trusts they ought to quit tolerating requests in which they can't meet client due dates to keep up their reputation in the business. The president of the organization Maxfield Turner trusts that they ought to take a gander at the organization's item offerings and generation imperatives. He needs to survey with the bookkeeping office the potential effect of wiping out less gainful item offerings and with the creation office on approaches to relax the requirement in the covering procedure. Issues Addressed A. Recognize the Binding Constraint Since administration has recognized that the bottleneck happens at the coating and sharpening procedure, operations ought to be decreased in the cutting and chemical shower divisions to address the...
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...Pentagram in Metropolis The Pentagram is a five pointed star that is symmetrical with one point on the top and two points at the bottom. It is a symbol that has been used in many eras, cultures and religions. Groups such as by ancient Israelites, Christians, Magicians, Pagans and Wiccans have used this symbol. An inverted pentagram has two points on top and one point at the bottom. This symbol is used by groups such as Satanist and some rock bands in the Black Metal scene. In the film Metropolis, the director places the pentagram both upright and inverted in a few scenes. The symbol can be seen on Rotwang’s front door, a few doors inside his home and one in his laboratory. Some possible reasons why the director uses the pentagram include symbolizing protection, the carnal desires of man and also as a sign of evil. Metropolis is dystopia. It is a futuristic society under authoritarian control. The leader and thinkers of the city rule from the giant skyscrapers while the laborers work under harsh conditions for long hours beneath the ground. In Metropolis, technology is portrayed to be evil and invasive. Technology has affected every part of the city. Every building seems to be modern except for the home of Rotwang, the inventor. His house is described as a “strange house, overlooked by the centuries.” On his front door is an upward pentagram. One meaning the Pentagram is believed to have is that it’s a protection against evil. The five point Pentagram each stands for the things...
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...have chosen to evaluate the effectiveness on their use of techniques in marketing products is boots. The product I researched on was Rimmel London eyeliner which was from boots. There was a range of marketing techniques they have used. They have advertised the product on television and also the internet (YouTube). When it comes to advertisements Rimmel exaggerated eyeliner got over fifty seven thousand two hundred and fifty eight views. The customer reviews that were received for Rimmel London ‘’exaggerate eye liner’’ was last year in 2012(11 November). They only got six reviews; out of six people four people rated it five stars; one person rated three stars and one person rated it one star. However, from March to October 2013 they have got 101 views mostly giving back positive feedback. Also forty-four people gave a star rating of four point five and five. This has had a major effect over time because before Rimmel London wasn’t that recognised and now the views and ratings have rapidly increased. Furthermore, Boots have used a market relationship technique. For example if you buy the Rimmel London exaggerated eye liner you can now get the second one half the price. Another offer which you can get is when you spend ten pounds or more on any product that belongs to Rimmel London you can retrieve a free gift which is Rimmel London scandalize mascara that is worth six pounds ninety nine. Any products you buy from boots will enable you to collect points on your card which...
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...a fairly ordinary but large star. b. The Sun is the focal point of our solar system, because all of the planets orbit the Sun. 2) What is our Milky Way galaxy and the sun’s position in it? a. The Milky Way galaxy is where our solar system is located in the universe. b. The Milky Way galaxy is home to over 100 billion stars and the Sun is one of those stars. 3) What is the Big Bang and what does it say about the age of the universe? a. The Big Bang is when the universe began. b. The Big Bang is thought to have happened about 14 billion years ago. 4) What is meant by the phase “looking out in the universe is looking back in time?” a. When viewing the universe we see a vast amount of stars. b. The light from stars must travel great distances to reach us, and these distances take years. c. So when we see a star we are seeing the star as it was when the light first started traveling. b. Where are we in the universe? 1) What is Earth’s place in the solar system? a. The Earth is our home. b. The Earth is the only planet known to sustain human life. 2) How close are the nearest stars to the Sun as compared to the distance between the Sun and the Earth? 3) How large is our Milky Way galaxy? a. The Milky Way galaxy is home to our solar system. b. The Milky Way galaxy has a 100,000 light-year diameter. 4) How many stars are estimated to exist in our galaxy? a. There are roughly 100 billion stars in the Milky Way Galaxy. b. So many stars that it would take someone’s...
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...Introduction: The Roaring Dragon Hotel is a three-star hotel that is located in the southwest part of China. Since the 1980’s the state-owned-enterprise has enjoyed a long colorful history and reputation as on of the regions premium hotels. The at the office which is in another city. On average Mr. Wen shows up at the hotel once a month. In 2002 he decided that it was time to expand their hotel and make the jump to a five star hotel. Wen hired a consulting company to conduct an evaluation of his hotel from top to bottom. Everything from the service to the procedures was included in the evaluation. He also wanted to make sure that his employees would be able to make the jump to a premium hotel. The results of the evaluation were shocking to Mr. Wen. The results showed that his staff was lazy and incompetent. There was no way that he would be able to make the transition to a five star hotel without firing most of the six-hundred employees or spending a large amount on re-training the existing ones. It was found that employees were reading newspapers, drinking tea, conducting personal business and even leaving the premises while on the clock. Background: Roaring Dragon Hotel with long colorful history needed change since the market economy was slowly developing in the region and so they need competitiveness to compete with other local hotels and also with international hotels. They need new paradigm and new practices and mind set. It is the big change from...
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...Here comes to the end of my internship. I found these three months were tough yet remarkable and valuable. Firstly, for the overall feedback on the hotel, I found that all employees in InterContinental Hong Kong are attached to their own departments. All the employees no matter back officers or the one who serves and meets guest everyday will actually bring hotel the most benefits in terms of revenue and reputation. They have the equivalent aim of maintaining the hotel as the top five-star hotel in the world. In another point, although working in the hospitality industry is quite tough and hard, people in InterContinental Hong Kong always feel passionate about their job and always come with the warmest smile to both colleagues and guest. As I observed, the peer influence play an important role among employees. Take my department as an example; all the colleagues will act like family and friends to finish their work as soon as possible. They will also ease each other’s tension during busy slot. According to my observation, the management style in ichk is participative style. The participative style allows input of ideas from everybody. However, the aim and standard are still clear. It will be very effective when a group of employees are working together and the colleagues involved have enough experience. Moreover, the working environment is also essential that it can more or less encourage the colleagues to voice out opinions in different point of views. During the trainees’...
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...Annie Jump Cannon was an American astronomer, born on December 11, 1863. She was born in Dover, Delaware but she moved to Cambridge, Massachusetts before she died. Suffering from scarlet fever rendered her nearly deaf, this made it hard for her to socialize and as a result she immersed herself in her work. She was a suffragist and a member of the National Women's party. Known for Stellar classification, she listed nearly 400,000 stars in her contribution to the Draper catalog. She is also known for her speed in classifying stars and ability to draw distinctions in the photographs of Stellar Spectra. She could classify three stars per minute by looking at their special pattern. In 1922 Cannon's system of classification was adopted by the International...
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...Running Head: EVENT MANAGEMENT Major Event Management [Name of the Writer] [Name of the Institution Major Event Management Introduction The International Fashion Stylist Association is organizing a one day fashion event in London. The goal of the event is to promote creative talents, to stimulate creativity and to create new networking and employment opportunities. The name of the event has been suggested to be "Fashion Fiesta". 8th June, 2013 is the date suggested for the event. Event will feature the fashion related activity in London, a fashion show of the best local emerging designers and a networking dinner. "Fashion Fiesta" will be an invitation-only event and the target audience will consist of major fashion journalists, fashion bloggers, representatives of national fashion schools, famous fashion designers, fashion company managers, fashion entrepreneurs, local opinion leaders and local authorities. This is an event management plan which will include all the major aspects of the event "Fashion Fiesta". It will include the accommodation suggestions for all the guests coming in out of town, transfer plan and the vehicles needed and fashion related activity to be organized during the day on a sign-up basis. The venue of the event will also be looked upon in the report, as well as, the event agenda. An Event Marketing and Communication Plan in order to reach the target audience will also be included. A list of potential sponsors and suppliers...
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...Introduction: The Roaring Dragon Hotel is a three-star hotel that is located in the southwest part of China. Since the 1980’s the state-owned-enterprise has enjoyed a long colorful history and reputation as on of the regions premium hotels. The at the office which is in another city. On average Mr. Wen shows up at the hotel once a month. In 2002 he decided that it was time to expand their hotel and make the jump to a five star hotel. Wen hired a consulting company to conduct an evaluation of his hotel from top to bottom. Everything from the service to the procedures was included in the evaluation. He also wanted to make sure that his employees would be able to make the jump to a premium hotel. The results of the evaluation were shocking to Mr. Wen. The results showed that his staff was lazy and incompetent. There was no way that he would be able to make the transition to a five star hotel without firing most of the six-hundred employees or spending a large amount on re-training the existing ones. It was found that employees were reading newspapers, drinking tea, conducting personal business and even leaving the premises while on the clock. Background: Roaring Dragon Hotel with long colorful history needed change since the market economy was slowly developing in the region and so they need competitiveness to compete with other local hotels and also with international hotels. They need new paradigm and new practices and mind set. It is the big change from planned...
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