...ANALYSIS ABOUT THE EFFECTS OF INDUSTRIAL PRODUCTIONS ON AIR POLLUTION Lu Li, Zhaowei Liu ECON508: Applied econometrics May 10, 2013 Abstract In China, many environmental problems have been ignored when it mainly focused on a higher pace of economic growth for a long time. In this paper, we aim at finding the relationship between air pollutions and its potential contributor—industrial development. And we are also interested in finding out which department in industry contributes most to air pollution. With these questions, it is essential for us to bring our analysis into a practical and comprehensive content. In this paper, we choose air pollution indicators and industry output in provincial level, thus we would like to test it based on different regions. We use the fixed effect model to construct the data and use hypothesis testing to testify our model through three characteristics: normality, heteroskedasticity and autocorrelation. After the regression and test, we come to the conclusion that basically our model is an appropriate one although several data and time series problems limit its further accuracy. And what is more, the result is quite accordance with our assumption that industrial sectors do effect the environment to some extent and among all the sectors we discuss, mining is the most overarching element. In order to obtain a better and more convincing result, we still need more information about air quality in our further study and research. Keywords:...
Words: 3854 - Pages: 16
...By having multiple productions plants globally, it is able to create flexibility and backup options should one of their plants fail to deliver when there is natural disasters or uncertainty within the country. During the Thailand floods, its production was greatly affected as its plants were shut down and unable to operate due to the damage caused by the flood. (Thailand was responsible for the production of 891,000 forecasted vehicles, one of the biggest in SEA). Due to the crippling of its plants in Thailand, Toyota has to scale back its productions in the rest of SEA due to issues faced while exporting certain parts from Thailand. The car maker estimates the disruption in the parts supply chain has affected about 100 kinds of parts. The overall output loss caused by the floods amounted to an estimate of 37,500 vehicles. ISSUES FACED: Toyota has to be prepared for unforeseeable circumstances such as natural disasters. As shown, during the Thailand floods in 2011, its production was scaled back by 37,500 vehicles. Backup supplies from its other branches around the world creating the same vehicle parts could be supplied to SEA during this period to alleviate the burden faced by the plants in Thailand. OPINION: Safety is one of Toyota’s key concerns and also selling point. This must be ensured from the various parts that make the car, from the start to the end. It is understandable that Toyota decided to specialize each plant so that they can be focused on what they produce...
Words: 301 - Pages: 2
...out over a co-worker * 10 votes to dismiss Foreman Edward George The workers are the most important asset to the company, so their interest should be first. Second, you have to figure out what to do about the votes to dismiss Ed George. Solutions: Talk to Ed George about his problems with his co-workers. Hold a meeting and get even more workers involved in the voting process, the take another vote. Item#4 Problems: * Overloading which can result in interruption of electrical power. * Not being reachable for Southern Power Solution: Contact Southern Power ASAP. See if they could come out and help with the problem. Item#5 Problem: * Balancing your work and his until Wednesday * Upping production by mid December in the long run Upping production would be the most important problem, because it’s long term. Balancing your work load is just something you have to do until your boss gets back. Solution: Schedule your...
Words: 922 - Pages: 4
...Case: Brixton Surgical Devices Brixton Surgical Devices, a public company with sales of over $900,000,000, is one of the world’s largest productions of surgical clamps, saws, screws, and stents. Its business involves production of both stock items and customs pieces for doctors at research hospitals. At the end of the third quarter of 2011, it became clear to Ed Walters, chief operating officer, and Robin Smith , chief financial officer, that the company would not make the aggressive annual earnings target specified by the board of directors. In consequence, Ed and Robin would not receive bonuses, which historically had averaged about 35 percent of their base compensation. The two devised the following strategy. “Here’s what we’ll do,” suggested Ed. “We’ve never offered our customers a discount. Let’s change that right now. We’ll offer a 25 percent discount on all orders placed in October and November for delivery in December of 2011.” “That will certainly boost fourth-quarter sales,” said Robin. “But you know, it won’t really increase total sales. It’ll just transfer some sales from the first quarter of 2012 to the fourth quarter of 2011. Of course, 2011 is where we need earnings to hit our bonus target. Hey, I’ve got another idea. We can also jack up productions of our stock items in the fourth quarter. With our high-priced production equipment we’ve got a ton of overhead. But the more we produce the more overhead we can bury in inventory. With lower unit costs and higher...
Words: 413 - Pages: 2
...Case: Brixton Surgical Devices Brixton Surgical Devices, a public company with sales of over $900,000,000, is one of the world’s largest productions of surgical clamps, saws, screws, and stents. Its business involves production of both stock items and customs pieces for doctors at research hospitals. At the end of the third quarter of 2011, it became clear to Ed Walters, chief operating officer, and Robin Smith , chief financial officer, that the company would not make the aggressive annual earnings target specified by the board of directors. In consequence, Ed and Robin would not receive bonuses, which historically had averaged about 35 percent of their base compensation. The two devised the following strategy. “Here’s what we’ll do,” suggested Ed. “We’ve never offered our customers a discount. Let’s change that right now. We’ll offer a 25 percent discount on all orders placed in October and November for delivery in December of 2011.” “That will certainly boost fourth-quarter sales,” said Robin. “But you know, it won’t really increase total sales. It’ll just transfer some sales from the first quarter of 2012 to the fourth quarter of 2011. Of course, 2011 is where we need earnings to hit our bonus target. Hey, I’ve got another idea. We can also jack up productions of our stock items in the fourth quarter. With our high-priced production equipment we’ve got a ton of overhead. But the more we produce the more overhead we can bury in inventory. With lower unit costs and higher...
Words: 317 - Pages: 2
...Industrial visit to TVS Motor Company Ltd The Industrial visit to TVS was a great experience for the students of PES-IUP. We got to know the exact picture of the production floor, that how the automated production floor works exactly. Two coordinators from TVS Company explained many aspects of the production and assembly floor. We visited the main manufacturing and assembly units of the factory under their guidance; they cleared many doubts regarding the production, assembly, suppliers of the raw material, production capacity of the company and about the branches of the company. TVS is among the largest two-wheeler manufacturer in India. With plants in Hosur (T.N), Mysore, Himachal Pradesh and Indonesia, the company has large portfolio of vehicles. The company has recently got in collaboration with BMW for their new segments of bikes. They are set to launch their first motorcycle under this collaboration in the second half of the 2014; the new bike is being developed in completely different platform and is testing is progressing smoothly, the company has entered into partnership with German company to develop and manufacture the motorcycles under 500CC to be marketed globally. Some facts about the company(1): 1. Part of USD 6 billion TVS Group. 2. Among the largest two-wheeler manufacturers in India. 3. Comprehensive product portfolio. 4. Widest customer segments. 5. 1st two-wheeler company in the world to win the coveted Deming Award for quality. 6. More than 8000...
Words: 312 - Pages: 2
...NAME; TAWANDA COURSE; INDUSTRIAL SOCIOLOGY QUESTION; DESCRIBE THE CHANGES IN SOCIAL RELATIONSHIPS AT WORK UNDER DIFFERENT MODES OF PRODUCTION. Social relationships at work have been changing over time under different modes of production. However, the definition of work has been a contested area due to factors like the differentiation and work and labour, work and non-work and work as employment among other factors. Even though Arendt (1958) defines work as activity undertaken with our hands which gives objectivity to the world. Social relations have been changing to meet the demands of the type of mode of production. In broad outline, Marxist theory recognises several distinctive modes of production characteristic of different epochs in human history. Primitive communism is the first mode of production in the Marxist theory. This is described as a traditional type of cooperation which first appeared about two million years ago. During this period relations of production were based on collective ownership of the means of production by individual communes. They used extremely backward productive forces and primitive forces of labour which can also be called collective labour thus social relationships at work were characterised by collective labour. Due to these characteristics there was economic equality among the primitive people and the absence of exploitation of man by other man. These people were independent with...
Words: 1709 - Pages: 7
...out with special emphasis on localized complexes of cultural-products industries. An extensive review and classification of these complexes is laid out, and their inward and outward relations to global markets are considered. On this basis, a critical discussion of local economic policy options focused on cultural-products industries is offered. Contrasting examples of development initiatives in major global cities, in selected old manufacturing towns, and in the Multimedia Super Corridor of Malaysia are briefly presented. It is suggested that the growth and spread of localized production agglomerations based on cultural-products industries are leading not to cultural uniformity but to greatly increased diversity at the global level. Keywords: agglomeration; cultural economy; globalization; industrial districts; local economic development; place marketing Over the past decade or so, the industrial profile of many countries has tilted perceptibly in the direction of a new creative or cultural economy. In some countries, indeed, the cultural economy is now one of the major frontiers of expansion of output and employment. This turn of events is actually one facet of the wider resurgence of a so-called new economy generally in AUTHOR’S NOTE: This research was supported by the National Science...
Words: 12496 - Pages: 50
...A Framework for Studying Caribbean Industrial Policy Author(s):Thomas Klak Economic Geography, Vol. 71, No. 3 (Jul., 1995), pp. 297-317 Published by: Clark University Stable URL: http://www.jstor.org/stable/144313 Description 1000 words The globalisation of business and the ever increasing pace of technological change present a competitiveness challenge to all countries and enterprises within them. The advent of instantaneous, worldwide communications 24 hours a day has turned the world into a single marketplace where customers can have full knowledge of competing products and services, where speed and quality of response by suppliers (as well as price) are important determinants of success. Such an intensely competitive environment makes smaller, developing countries especially vulnerable in their attempts to gain a reasonable share of world trade. For example, the Government of St Lucia has evolved an industrial policy to support the development of businesses so that they can compete effectively in the domestic, regional and wider international markets. This paper argues that further aggressive stimulation of the economy is necessary for these middle American countries to survive. The Caribbean is establishing a technology and innovation nexus, the 'Caribbean Technology and Innovation Park', to be a major driver of economic growth through the establishment of technology-based enterprises, and increased technology transfer and development. It will be beautifully...
Words: 850 - Pages: 4
...The industrial revolution its effects and the communist theory Western Governors University A. The industrial revolution and its consequences The industrial revolution had significant consequences as it negatively impacted the lives of many. Long hours of work reduced a factory workers quality of life and greed revoked its value. Women who once worked happily from home now worked long laborious hours in a factory. They were usually given low skilled position as well as the lowest paying jobs. A normal day for a workingwomen usually consisted of about ten hours of labor in a factory and later countless hours at home completing their traditional duties. Not only were women working twice as much as they once did many also had to endure double the bulling as they now had to answer to both their boss and a husband. Not only was the quality of life for women reduced but also that of men and children since they as well no longer had time for many of life’s simple pleasures, as they too spent a large portion of their life working. The industrial revolution also caused the value of human life to plummet. Children no longer completed small tasks at home but worked just as long hours in a factory and were usually exploited by their bosses. They were at times given dangerous tasks to complete such as unjamming textile machines. Textile owners understood that if the child wasn’t swift enough they were at risk of a traumatic injury or death. Rather than turn off a machine and lose...
Words: 1227 - Pages: 5
...Chapter 1 Production and Operations Management (POM): An Introduction 0 Overview • • • • • Introduction Historical Milestones in POM Factors Affecting POM Today Different Ways of Studying POM Wrap-Up: What World-Class Producers Do 1 Introduction • Production and operations management (POM) is the management of an organization’s production system. • A production system takes inputs and converts them into outputs. • The conversion process is the predominant activity of a production system. • The primary concern of an operations manager is the activities of the conversion process. 2 Organizational Model Finance Sales HRM POM Marketing QA Engineering MIS Accounting 3 Organization Chart-Major Elements Manufacturing Organization Operations Finance/Accounting Disbursements & Credits Funds Management Capital Requirements Marketing Sales Promotion Advertising Sales Market Research Facilities Production & Inventory ontrol Quality Assurance & Control Procurement Engineering Design Industrial Engineering Process Engineering Entry-Level Jobs in POM • Purchasing planner/buyer • Production (or operations) supervisor • Production (or operations) scheduler/controller • Production (or operations) analyst • Inventory analyst • Quality specialist 5 Historical Milestones in POM • • • • • • The Industrial Revolution Post-Civil War Period Scientific Management Human Relations and Behaviorism Operations Research The Service Revolution 6 The...
Words: 1065 - Pages: 5
...mercantile capitalism and it was a global phenomenon, from the Indian and Chinese Ocean trade to Muslim merchants who funded trade caravanserai across the Sahara. Later, merchants in Britain had expanded capitalism by developing stock companies which financed even bigger trade missions. Increased wealth of course resulted by the increased investment, but it only affected as small percentage of the population and did not create cultural influence from capitalism. Mercantile capitalism only affected a small percentage of the population, whereas industrial capitalism impacted majority of the population. Industrial capitalism was something altogether different, both in practice and scale. According to Joyce Appleby’s definition of industrial capitalism: “An economic system that relies on investment of capital in machines and technology that are used to increase production of marketable goods.” Capitalism reached its peak during the Industrial Revolution in 19th century Britain. At the time Britain was the main power at sea, successful at gaining money and trade with its colonies, which also included the slave trade. Britain managed to expose the world to capitalism with its huge influence around the world. As of now, capitalism has not...
Words: 2337 - Pages: 10
...and finally assess there effects on the understanding of research design. Design history can be succinctly defined as the study of design based on their respective historical and stylistic contexts. As a discipline, design history has its roots in Britain in the early 1970s. The existing literature indicates that, design history encompasses wide range of issues that revolve around various spheres of the society including social, political, technical, cultural and technical aspects of the society. Consequently, some of the various objects of study include crafts, industrial design, product design, interiors, and fashion among other artistic features (Lees-Maffei, 2009; Clark & Brody, 2009). Furthermore, the original design history has undergone tremendous changes based that have largely shaped the discipline. Fallan (2010) contends that, design history can be said to be shifting toward focusing on methods of production and consumption. Tony fry is among some the prominent scholars who have tried to describe the dominant perspectives employed in the understanding the history of design. Consequently, in his book Design History Australia written in 1988, Tony Fry tries to analyze how connoisseurship is exemplified in Bayle’s In Good Shape. As a...
Words: 2113 - Pages: 9
...Forth Industrial Revolution The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production. Now a Fourth Industrial Revolution is building on the Third, the digital revolution that has been occurring since the middle of the last century. It is characterized by a fusion of technologies that is blurring the lines between the physical, digital, and biological spheres. The Fourth Industrial Revolution can be described as the advent of “cyber-physical systems” involving entirely new capabilities for people and machines. While these capabilities are reliant on the technologies and infrastructure of the Third Industrial Revolution, the Fourth Industrial Revolution represents entirely new ways in which technology becomes embedded within societies and even our human bodies. Examples include genome editing, new forms of machine intelligence, breakthrough materials and approaches to governance that rely on cryptographic methods such as the blockchain. Challenges and opportunities The Fourth Industrial Revolution has the potential to raise global income levels and improve the quality of life for populations around the world. To date, those who have gained the most from it have been consumers able to afford and access the digital world; technology has made possible new products and services that increase the efficiency Forth Industrial...
Words: 843 - Pages: 4
...of procurement of new industrial robots. They are also developing their own low-cost industrial robots * South Korea leads the world in terms of robots deployed per 10,000 workers (recently, a South Korean team built the robot that won the DARPA Robotics Challenge, beating teams from the United States, Europe, and Japan) * Switzerland, Netherlands, and United Arab Emirates are among some of the other countries investing heavily in AI, robotics, and drones. * Globalization of robotics is expected to create new opportunities and challenge the leadership of the traditional players. Reduction in Hardware Costs * Cost of industrial robots (such as articulated manipulators, mobile robotic platforms, drones) has been declining in the commercial sector. * The agricultural sector is being projected as a major new market for robots and UAVs. Source: http://spectrum.ieee.org/automaton/robotics/home-robots/six-recent-trends-in-robotics-and-their-implications ------------------------------------------------- Industrial robot statistics Source: http://www.ifr.org/industrial-robots/statistics/ Asia, the most important region * Asia (including Australia and New Zealand) was by far the biggest robot market with about 139,300 industrial robots sold in 2014, 41% higher than in 2013 * Industrial robot sales to the second largest market, Europe, increased by 5% to almost 45,600 units (a new peak) * About 32,600 industrial robots were shipped to...
Words: 1388 - Pages: 6
