...Competition Bikes (CB) is making CarbonLite and Titanium bikes. To streamline cost there need to be an investigation into which practice is most efficient and cost effective for the CB. Competition Bikes is using a traditional based costing (TBC). There needs to be a comparison between the current use of TBC and activity based costing (ABC) to decide which is most beneficial to the company. Also, the breakeven point to cost volume profit needs to be evaluated. There is a potential for a $50,000 increase in production and a 10% material cost increase. A1 Costing Method Traditional Based Costing is, “The allocation of manufacturing overhead (indirect manufacturing costs) to products on the basis of a volume metric such as direct labor hours or production machine hours.” (Traditional Costing, 2014) As manufacturing relies more on the combination of manpower and technology and the use of TBC will become more inaccurate. It will not be able to depict the true root cause for manufacturing overhead. The activity based costing (ACT) is a more reliable method of determining actual cost to produce a product. This method looks at the cost of each activity. Then it attaches a financial cost to that activity. Although ABC can be complicated to calculate it is flexible and helps companies determine more accurate budgets and true costs of producing products. The ABC method does not directly make changes to the cost of producing the product. What it does do is take into account the overhead...
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...JET2 – Task 4 Financial Statement Analysis Managing Internal Cost & Controlling Finances Summary Report In response to a request from the Vice President of Competition Bikes for an analysis and recommendation regarding Activity Base Costing, as well as a request for a break-even analysis with projections of the company’s target profit, I have developed the following report. 1. Costing Method Evaluation Traditional Costing and Activity Based Costing (ABC) are the two systems we will evaluate in relation to Competition Bikes’ operations. To do so, we will need to look at the advantages and disadvantages of both systems. Costing systems are used to help predict the profitability of a product and help establish the cost of a product correlated to the income it generates. Traditional costing allocates overhead according to the amount of a particular cost driver, for example, how many direct labor hours are required to manufacture a product, while activity based costing looks at each activity and assigns a cost to it. Traditional costing separates costs into direct and indirect categories. The costs of labor or of raw materials would be examples of direct costs. Then, traditional costing divides the total cost of a product by the direct labor cost. This gives us the estimated cost of the product per item. However, increasingly in today’s business environment, the proportion of direct costs have fallen in relation to the proportion...
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...Task Background: Suppose you are developing a statistical database in which information about professional football teams and records are stored. Consider the following 2 sets of data that list football teams and quarterbacks: D = {Jets, Giants, Cowboys, 49’ers, Patriots, Rams, Chiefs} Q = {Tom Brady, Joe Namath, Troy Aikman, Joe Montana, Eli Manning} NOTE: (You can also use http://www.pro-football-reference.com to find this information, but here it is as well :) The following list gives you the relationships (mapping) between team and QB. * Jets – Joe Namath * Giants – Eli Manning * Cowboys – Troy Aikman * 49’ers – Joe Montana * Patriots – Tom Brady * Rams – Joe Namath * Chiefs – Joe Montana 1. Using D as the domain and Q as the range, show the relation between the 2 sets, with the correspondences based on which players are on which team. Show the relation in the following forms: Set of ordered pairs (20 points) Directional graph (like the pictures draw in class in our live chats – see HINT below). (20 points) The ordered pairs when D is the domain are: {(Jets,Joe Namath),(Giants,Eli Manning),(Cowboys, Troy Aikman),(49ers,Joe Montana),(Patriots,Tom Brady),(Rams,Joe Namath),(Chiefs, Joe Montana)} 2. Is the relation a function? Explain. (10 points) This is a function, because every element (Quarterback) of the domain is mapped to exactly one unique element (Team) of the range. So with the one to one relation of player to team...
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...[Company name] [Company address] Marrketing principles Contents Introduction 2 Learning Outcome 01 2 Task 1 2 Task 2 4 Learning Outcome 02 5 Task 3 5 Task 4 10 Task 5 12 Learning Outcome 03 12 Task 6 12 Task 7 13 References: 13 Introduction British Airways (BA) is the banner bearer aerial shuttle of the United Kingdom and its biggest carrier focused around armada size, universal flights and global ends. At the point when measured by travelers conveyed it is second-biggest, behind Buisness jet. The aerial shuttle is situated in Waterside close to its primary center point at London Heathrow Airport. A British Airways Board was built by the United Kingdom government in 1972 to deal with the two nationalized aerial shuttle companies, British Overseas Airways Corporation and British European Airways, and two littler, provincial carriers, Cambrian Airways, from Cardiff, and Northeast Airlines, from Newcastle upon Tyne. On 31 March 1974, every one of the four organizations was consolidated to structure British Airways. After very nearly 13 years as a state organization, British Airways was privatized in February 1987 as a feature of a more extensive privatization arrange by the Conservative government. The transporter soon stretched with the securing of British Caledonian in 1987, took after by Dan-Air in 1992 and British Midland International in 2012. British Airways is an establishing part of the one world aerial shuttle union, alongside American...
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...Hero Essay English 9 Mr. Castellano Our next major writing assignment is to write an essay about someone you consider to be a hero. We are doing this essay now because it coincides nicely with our reading of The Odyssey. As we have discussed in class, Odysseus is the archetypal Western hero: brave, strong, clever, quick-thinking, steadfast. The list could go one. My point is that as we read about this ancient and, I believe, still relevant hero I want you to think and write about someone who is a hero to you. This should be a fun assignment. I am sure you have heard all too often that there are no more heroes today, that everyone we look up to is corrupt and will ultimately disillusion us. I whole heartedly disagree. Heroes are everywhere we look: we just need to look. (In a book I read this Summer, one of the characters says, “We find what we look for.”) Heroes can be people we know personally and people we have only heard about. Here are only a few suggestions: Jesus Christ, St. Francis, Mother Theresa, Martin Luther King, Jr., Barack Obama, Captain Chesley Sullenberger, your Mom or Dad, an athlete, coach, teacher, or friend. Again, the list goes on. Just thinking about and planning this essay (as well as writing it, of course) will be a good exercise in recognizing how many heroes you have – how many people strive for high ideals and live virtuous lives. They’re there: look for them. Part of this essay will include what you define as...
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...Task 1: Assess Loan Options 1. National First Bank Prime Rate + 6.75%, Compounded Semiannually [1+ (6.75+3.25) /2]^2-1 = .1025 a EAR of 10.25% Regions Best [1+ ( .1317/12)^12-1 = .014 a EAR of 14 % 2. After calculating the EAR for both banks, I would recommend National First Bank because its EAR is 10.25% which is lower than Regions Best EAR of 14%. The best choice for Air Jet Best Parts Inc., should be the lower EAR of 10.25%. 3. Air Jet Best Parts Inc $6,950,000 loan with APR of 8.6% for 5 years. Monthly 6,950,000*8.6%/ 5%= $597,700/5 = $119,540/60 =$1992.33 monthly I would have to disagree with this move. National First Bank calculation with a 6.75% rate would yield a smaller monthly payment with a lower interest rate, which would save the company money. Task 2: Evaluate Competitors Stock 1. Lockheed Martin Price: 85.21 Dividend: 4.00 Rate of Return: 4*[(1+.05)/85.21+.05] =.1204=12.04% 2. Current Share Price 12.04% [1.50*(1+.01)]/ (.1204-.01) = $13.72 3. Preferred Stock Price 1.50/.1204= $12.46 In Review of the two Prices, I would have to say that this is a good thing. A company current share price should be over its Preferred Price. Meaning that stock pricing is better currently than what the pricing was projected to be. 4. Paying Dividends decreases the value of a stock. The amount of a dividend is subtracted from the Stock Price. In other words, subtracting from the stock price yields a negative change. Adding to the stock...
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...in Alberta, Canada. Kelly's father was a successful larvyer in Calgary, and her mother was a high school English teacher. Kelly had an older sister, Laurel, 27 , who had just passed the bar exam and was working fbr a corporate law firm in Edmonton. Kelly had studied Japanese in high school and in university and spoke and wrote the language quite well. When she was 15 years oid, Kelly spent tbur months in Japan on a school exchange. She had enjoyed the time she spent there and ahvays planned to return one day. Upon graduating tiom high school. Kelly lvent to the University of Alberta, in Ednonton, to stucly nlarragement. During her final year at the universitv, Kelly heard some of her friends talking about the Japan Exchange and Teaching (JET) Program. She rvas told ihat it rvas quite easy to get accepte(l-all an applicant needed was a university deglee and an interest in Japanand that it rvould be a...
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...platform. Because there are so many different platforms across the different branches of the military, this research will take will be divided into teams of personnel who are designated subject matter experts for performing task that are required to maintain the individual systems of each aircraft. Other items that we intend to address during the process of this research include, but are not limited to unethical behavior and the effects it will have on the individual as well as the organization and society. We will also examine courses of action to be taken to address unethical behavior and what can be done to monitor it so as to prevent it from reoccurring. We intend to deglamorize this behavior as much as possible by addressing it as quickly as possible and encouraging the reporting of any actions that may be a clear indication of unethical behavior during the process of performing this research. Safety should always be paramount while conducting our research as well as performing any maintenance action. Having said that, we also intend to highlight any safety concerns associated with the performance of this research and maintenance that expose our researchers and maintainers to injury. We will begin the research on the removal and installation of an aircraft jet engine on the Navy Fighter Attack, Super Hornet. The subject matter...
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...49006- Risk Management In Engineering Risk Management Plan * Proposed Darling Harbour Water Feature Prepared by Vipin Appu Parambil Vikraman 11789373 29th March 2015 Executive Summary This report presents the risk assessment and risk treatment plan for the three new water features of Darling Harbour precinct along with the installation of the public realm. This project is a part of the Convention Centre Redevelopment plan and the risk assessment and treatment, is carried out by abiding with the AS/NZS ISO 31000:2009, SA/SNZ HB 436:2013 and IEC/ISO 31010:2009. Firstly, an introduction of the iconic location, Darling Harbour is briefed. The project objectives, scope and boundaries of the new water features installation is explained along with the risk management process adopted for this project. Secondly the context for risk is established inclusive of internal and external context. The stakeholder analysis and communication and consultation stage, explains the various stakeholders of this project and their mode of communication. Thirdly, risk criteria, risk identification, risk analysis and risk evaluation is developed based on the possible risks that may occur with this project. During risk identification potential risks related to the project was generated. The application of risk severity matrix and FEMA analysis were conducted to identify the likelihood and consequence of risks. ALARP principle was used for risk evaluation and identifying possible...
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...the nearby hotels are making contract with the airlines. The specific percentage is associated with the airlines. The main objective of them is to attract more customers to increase their revenue (Thompson, Strickland & Gamble, 2010). Therefore they are cutting their cost by decreasing the fares but on the other hand they are giving fewer facilities to the passengers like they are not providing any meal if providing it is chargeable. Again it is seen that some flights are providing only drinks and cakes to the customer. But the registrations of flights tickets are seem to be very easier and convenient for the customer. Now they can book the ticket online without bearing any charge of brokers. 2. Discuss Jet Blue’s strategic intent prior to 2008. The main objective of jet blue is to provide service to the customer at low cost. With these strategies it can be able to capture the market of airlines. It provides newer and comfortable facilities to the customer with new seat belts, staff and refreshment. Prior to 2008 it gives advertisement in the newspaper for different discount...
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...physical performance in athletes Thomas Reilly ⁎, Ben Edwards Research Institute for Sport and Exercise Sciences, Liverpool John Moores University, Henry Cotton Campus, 15-21 Webster Street, Liverpool, L3 2ET, United Kingdom Received 14 August 2006; accepted 4 September 2006 Abstract Sleep–waking cycles are fundamental in human circadian rhythms and their disruption can have consequences for behaviour and performance. Such disturbances occur due to domestic or occupational schedules that do not permit normal sleep quotas, rapid travel across multiple meridians and extreme athletic and recreational endeavours where sleep is restricted or totally deprived. There are methodological issues in quantifying the physiological and performance consequences of alterations in the sleep–wake cycle if the effects on circadian rhythms are to be separated from the fatigue process. Individual requirements for sleep show large variations but chronic reduction in sleep can lead to immuno-suppression. There are still unanswered questions about the sleep needs of athletes, the role of ‘power naps’ and the potential for exercise in improving the quality of sleep. © 2006 Elsevier Inc. All rights reserved. Keywords: Circadian rhythm; Exercise; Jet-lag; Shift-work 1. Introduction The sleep–wakefulness cycle is the most discernable of human circadian functions, activity being associated with the hours of daylight and sleep with the hours of darkness. This recurrence on a daily basis is linked with...
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...benefits can be divided into specific categories. Taking their physical capabilities into account, drones are far more effective when compared to their conventional fighter jet counterparts. By specifically examining the payload of a fighter jet, it is easy to understand why drones are better. Fighter jets inflict a catastrophic amount of damage to the targeted area due to the large bomb that is used (Byman, 2013). Because of their engineering, fighter jets lack the capability to hover over targeted areas for long periods of time silently waiting for the most optimal time to strike, with strikes usually only lasting a matter of seconds due to the associated risk (Byman, 2013). These limiting factors make fighter jets highly inaccurate, so much so that the untargeted surrounding environment is demolished as well, which is precisely where the innocent lives are lost. On the contrary, when a drone is signaled to engage in an airstrike, the warhead used is significantly smaller and more concentrated (Byman, 2013). This in turn allows for a smaller blast radius greatly limiting the level of damage caused and reduces the number...
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...The Legend of Me 262 ¬ ASEN 3046 Hanwen Zhao Introduction During the WWII, there was a jet fighter had the most advanced aviation designs in operational use. Nevertheless, she is not the first jet airplane flies on the blue sky, not the first twin-engine jet airplane either. But, no one would forget her when people talking about the history of the jet airplane. She is the Messerschmitt Me 262, the first operational jet-powered fighter aircraft in the world. Figure 1: Picture of Me 262. Retrieved from http://www.aircraftaces.com/me-262.htm Background In the 30’s of the last century, the Bayerische Flugzeugwerke AG (abbreviated B.F.W.) was a German aircraft manufacturing corporation named after Willy Messerschmitt as the predecessor of Messerschmitt AG started to manufacture the fighter during the Spanish Civil War (1939). Besides the Me 262, Willy Messerschmitt and his company are well known for its propeller-driven fighter aircraft Bf 109, also called the Me 109. Bf 109 first saw in operation during the Spanish Civil War and was still in service until the end of World War II (Nowarra, 1993). The Bf 109 was designed with metal monocoque construction, liquid-cooled V12 engine. It originally designed as an interceptor, but during the war, the Bf 109 was modified to multiple task airplane such as bomber escort,...
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...orange airline: Intro: Easy jet is an European airline which was launched in 1995 by its founder Greekcy Priot Stelios Haji-Loannou. It was started with two wet leased Boeing like 737-200 aircrafts and today it operates 196 aircrafts with 20 buses all over around the Europe. It carried 45.2 million passengers in the year of 2009 which made it as a second largest low cost European airline behind Ryanair. In 2002, Easy jet bought London Stansted based Go airline £ 374 million (easy-jet.com). Go was the low cost scheduled passenger airline which provides service within the Europe. The main reason behind this acquisition was profitable and established airline with strong growing aspects that reveals a year to year increase of 232 per cent. Nearly 90% of sales in Easy jet are online from this website. There are two significant features based on its success are: low price and E- commerce strategies .The purpose of this Easy jet‘s, online the presence of information’s and procedures to sketch and propose suggestion on the progression involved in creating a booming online presence( David & Cynthia1999). Apart from this it will define its approaches for its significant success of industry. In this paper, we will first discuss about the approaches and it applies. Then based on PESETEL framework we will find out the reason for applying. And in final the merits and demerits approaches in order to discuss about the alternatives approaches for easy jet. The above figure shows out about...
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...longer to heat than it would in a traditional, permanent hot tub, but most users find they don't care, as the other benefits far outweigh this one drawback. No property modifications are needed when a plug and play tub is selected either. As long as the ground is level, the hot tub may be used. The Canadian Spa Company CSCHTQBC Quebec Plug and Play Spa is one option many consider. This spa is small, yet offers many of the features seen in a full size hot tub. Three people easily fit into the unit, which plugs into a standard 15 amp outlet, and the device comes with 25 stainless steel jets. As it weighs 660 pounds, it can't be easily moved for camping trips or vacations, yet it can be relocated when the time comes to move. In contrast, the Lifesmart Rock Solid Simplicity Plug and Play 4 Person Spa weighs only 268 pounds, making it slightly more transportable. This unit features 12 high therapy jets and a 12 volt light with blue and red lens caps. Thanks to the RockSolid Shell, this unit is highly...
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