...The Resilience of the Railroad Industry Lindsay Millar, Jessica Settlecowski & Mike Gawel MGT 674 March 23, 2013 The history and resilience of the railway industry is rather remarkable as it has helped shape the landscape and the formation of the United States. Railways allowed colonies to settle in the West and the country suddenly became connected from coast to coast. This encouraged the exchange of goods and stimulated the development of towns and communities along track lines. Soldiers were shipped directly to the forefront of battleground lines and supplied with a constant flow of ammunition. Most importantly, trains were the steam engine that fueled the industrial revolution. The railway industry’s history is rich with experience and wise with age, as it has survived many seemingly insurmountable obstacles, including: the Great Depression, civil war, the advent of automobiles and airplanes and federal regulation. Federal regulation took the largest toll on the industry as it restricted the ability of the industry to adapt to future demands and market requirements. The growth of rail was stunted by 100 years of federal regulation and since the Staggers Act of 1980 which led to deregulation, the industry has been struggling to recover. After the implementation of the Staggers Act the industry has undergone serious reconstruction which has increased the overall performance and reliability of rail. As service levels improve the demand for low rates and large capacity...
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...Activity-Based Systems: Measuring the Costs of Resource Usage Robin Cooper and Robert S. Kaplan Robin Cooper is a Professor at the Claremont Graduate School and Robert S. Kaplan is a Professor at the Harvard Business School. This paper describes the conceptual basis for the design and use of newly emerging activity-based cost (ABC) systems. TVaditional cost systems use volume-driven allocation bases, such as direct labor dollars, machine hours, and sales dollars, to assign organizational expenses to individual products and customers. But many ofthe resource demands by individual products and customers are not proportional to the volume of units produced or sold.^ Thus, conventional systems do not measure accurately the costs of resources used to design and produce products and to sell and deliver them to customers. Companies, including those with excellent traditional cost systems,^ have developed activity-based cost systems so that they can directly link the costs of performing organizational activities to the products and customers for which these activities are performed. ments.^ The following equation, defined for each major activity performed by the organization's resources, formalizes this relationship: Activity Availability = Activity Usage + Unused Capacity A simple example illustrates the difference between the cost of resovirces supplied and the cost of resources used to perform activities. I. ABC SYSTEMS AS RESOURCE USAGE MODELS Activity-based cost systems...
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...Chapter 8—Negligence and Strict Liability TRUE/FALSE 1. A blind person will be held to the standard of care of the reasonable blind person rather than that of the reasonable sighted person for purposes of determining negligence. ANS: T MSC: AACSB Analytic 2. In applying the reasonable person standard, the court takes into account a person's physical, but not mental handicaps. ANS: T MSC: AACSB Analytic 3. A "reasonable person standard" does not apply to children since they do not have the judgment, intelligence, knowledge, or experience of adults. ANS: F MSC: AACSB Analytic 4. A person who falls asleep while driving would not be liable for any resulting injury since it would be an unavoidable accident. ANS: F MSC: AACSB Analytic 5. The standard of conduct which serves as the basis for the law of negligence is usually determined on a cost-benefit or risk-benefit analysis. ANS: T MSC: AACSB Analytic 6. A reasonable person, as used in the law of torts, is a fictitious individual who is always careful, prudent, and never negligent. ANS: T MSC: AACSB Analytic 7. The general rule for the standard of care used in tort law is: a person is under a duty to all others at all times to exercise reasonable care for the safety of other persons and their property. ANS: T MSC: AACSB Analytic 8. Compliance with a legislative enactment or administrative regulation does not prevent a finding of negligence if a reasonable person would...
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...TRANSPORTATION ENGINEERING Introduction · Desires of the people to move Need for goods: demand for Transportation. Transportation affects everyone on earth, on a daily basis. People, countries, governments, business, whole economy rely on effective, reliable transportation in one form or another. Major Transportation Systems Highways Car, Bus, Truck, non- motorized ..etc Railways Passenger and Goods Airways Aviation and freight carrier Waterways Ships, boats… Continuous Flow systems Pipelines,belts..etc Merits and Demerits: Based on accessibility, mobility, cost, tonnage.. Highways/ Road Transportation Oldest mode Foot paths- animal ways, cart path…….. As civilization evolved the need for transportation increased India (5,000 BC) Egypt (3,000 BC) Greece and Babylonia (2,000 BC) Romans (500 BC) ROMANS OCCUPIED BRITAIN IN 55BC 5000KM OF ROADS BUILT IN 150 YEARS RADIATED FROM CAPITAL LONDON AND EXTENDING TO WALES AND EXTENDING TO SCOTLAND LEGIONS WITHDRAWN IN AD407 BREAKDOWN OF ROADS FOLLOWED DURING MIDDLE AGES, RIVERS AND SEAS –A RELIABLE MAJOR TRADE ARTERIES WHEELS OF CARTS DAMAGED THE EARTH ROAD FAST LENGTH OF STONE PAVED STREETS BUILT FOR CONNECTING RURAL AREAS FOR PROVISION STAGECOACH SERVICE WAS INTRODUCED IN UK IN 1755? HORSES WERE CHANGED AT REGULARLY SPACED POST HOUSES COACH WITH IRON SPRING MADE THE RIDE COMFORTABLE Contribution towards road development TWO MAJOR TYPES OF PAVEMENT IN EARLY DAYS Thomas Telfold...
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...Case 1: Specific Performance Remedy Denied on Equity Standard Campbell Soup Co. v. Wentz et. al. UNITED STATES COURT OF APPEALS THIRD CIRCUIT 172 F.2d 80 (1949) OPINION BY: GOODRICH The transactions which raise the issues may be briefly summarized. On June 21, 1947, Campbell Soup Company (Campbell), a New Jersey corporation, entered into a written contract with George B. Wentz and Harry T. Wentz, who are Pennsylvania farmers, for delivery by the Wentzes to Campbell of all the Chantenay red cored carrots to be grown on fifteen acres of the Wentz farm during the 1947 season . . . The contract provides . . . for delivery of the carrots at the Campbell plant in Camden, New Jersey. The prices specified in the contract ranged from $23 to $30 per ton according to the time of delivery. The contract price for January 1948 was $30 a ton. The Wentzes harvested approximately 100 tons of carrots from the fifteen acres covered by the contract. Early in January 1948, they told a Campbell representative that they would not deliver their carrots at the contract price. The market price at that time was at least $90 per ton, and Chantenay red cored carrots were virtually unobtainable. The Wentzes then sold approximately 62 tons of their carrots to . . . Lojeski, a neighboring farmer. Lojeski resold about 58 tons on the open market, approximately half to Campbell and the balance to other purchasers. On January 9, 1948, Campbell, suspecting that Lojeski was selling it "contract carrots," refused to...
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...LOGISTICIANS SMART BOOK [pic] Table of Contents Page Number I. Introduction and Reference Data 1. Purpose of the Supply Battle Book 5 2. Logistics Related Web sites 6 3. Logistics Publications 8 II. Explanation of Codes 1. MILSTRIP Record Positions 16 2. Document Identifier Codes (DIC) 16 3. Routing Identifier Code (RIC) 18 4. Stock Number (NSN) Composition (NSNs, FPNs, and MCNs) 19 5. Unit of Issue Code (UI) 20 6. Department of Defense Activity Code (DODAAC) 22 7. Demand Code (DC) 22 8. Unit Identification Code (UIC) 22 9. Signal Code (SC) 22 10. Fund Code (FC) 22 11. End Item Code (EIC) 23 12. Project Code (PC) 23 13. Priority Designator Codes and (UMMIPS) 23 14. Advice Codes (AC) 23 15. Line Item Number (LIN) 24 16. Accounting Requirement Code (ARC) 24 17. Acquisition Advice Code (AAC) 24 18. Automatic Return Item Code (ARI) 26 19. Condition Code (CC) 26 20. Control Inventory Item Code (CIIC) 28 21. Equipment Readiness Code (ERC) 30 22. Equipment Category Code (ECC) 30 23. Essentiality Code (EC) 30 24. Level of Work Code (LWC) 31 25. Maintenance Repair Code (MRC) 31 26. Part Source Code (SRC) 32 27. Recoverability...
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...More Than a Numbers Game A Brief Histor y of Accounting Thomas A. King John Wiley & Sons, Inc. More Than a Numbers Game More Than a Numbers Game A Brief Histor y of Accounting Thomas A. King John Wiley & Sons, Inc. Copyright © 2006 by Thomas A. King. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability...
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...August, 2007 The Seven Deadly Wastes of Logistics: Applying Toyota Production System Principles to Create Logistics Value Joel Sutherland Managing Director Center for Value Chain Research Lehigh University, 621 Taylor Street, Bethlehem, PA 18015 E-mail: jos206@lehigh.edu Bob Bennett President Lean Consulting Associates, LLC, and Group Vice President (retired) Toyota Motor Sales USA, Inc. 16 Deerhill Drive Rolling Hills Estates, CA 90274 E-mail: bobben1@cox.net CVCR White Paper #0701 Abstract A business value chain is an end-to-end set of activities that can be applied to a product or service making it ready for the next activity. Most resources used in an activity add value—some do not. The resources consumed (such as people, time or equipment) that do not add value add cost and should be eliminated. This is the essence of the Toyota Production System, or Lean (the term used in the U.S. for what was originally known as the "Toyota Production System"). This article reviews the evolution of Lean principles from the beginning of Henry Ford’s revolutionary assembly line process for his Model T automobile in the early 1900’s, through Taiichi Ohno’s creation of the famous Toyota Production System in the mid-20th century, to adoption of these principles in addressing today’s logistics and transportation challenges. This paper presents real examples from executives who worked within the Toyota Production System and were effective in expanding these principles beyond...
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...Chapter 16 1 Total Quality Management Teaching Notes for Cases 16-1: Precision Systems, Inc. This case illustrates that quality cost information can play an important role in alerting top management about the importance of quality improvement in a non-manufacturing department of a manufacturing firm. The case is based on the following article: Kalagnanam, S. S. and E. M. Matsumura, "Cost of Quality in an Order Entry Department," Journal of Cost Management (Fall 1995), pp. 68-74. The required questions are designed to acquaint students with some of the terminology of "cost of quality" and some aspects of conducting a cost of quality study. Quality costs, defined as those that arise because poor quality may exist or does exist, have been classified into the following four categories: • Prevention (prevention of poor quality, or quality assurance); • Appraisal (inspection and testing); • Internal Failure (costs, such as rework or scrappage, for nonconforming products identified before delivery to customers); • External Failure (costs, such as warranty expenses or freight charges, for nonconforming products delivered to customers). This case focuses on prevention activities (see question 6), as well as internal failure and external failure costs for the order entry department at Precision Systems, Inc. Internal and external failures are defined with respect to the order entry department. Additional readings on quality costs: ...
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..._________ is someone whose business comes primarily from retailing. a. distributor b. jobber c. retailer d. vendor Answer: (c) Difficulty: (1) Page: 435 4. Retailers can be classified in terms of several characteristics. Each of the following is found within this retail classification scheme EXCEPT: a. the profit potential. b. amount of service offered. c. the breadth and depth of product lines carried. d. the relative prices charged. Answer: (a) Difficulty: (2) Page: 435, 437 5. The typical method of retail operation used by supermarkets and nationally branded fast-moving shopping goods is called: a. self-service retailing. b. limited-service retailing. c. full-service retailing. d. service-merchandiser. Answer: (a) Difficulty: (2) Page: 437 6. A good example of a retail operation that is classified as being a limited-service retailer is: a. Service Merchandise. b. Best Buy. c. JC Penney. d. Zales Jeweler’s. Answer: (c) Difficulty: (3) Page: 437 7. A good example of a retail classification called self-service retailing is: a. Sears. b. JC Penney....
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...------------------------------------------------- 1. Which of the following is NOT a step that might be used to improve the quality of a firm’s marketing intelligence? ------------------------------------------------- A. Watching how the stock market reacts to interest rate changes B. Motivating distributors to pass along important intelligence from the marketplace. C. Collecting competitive intelligence by buying a competitor’s products D. Setting up a consumer panel ------------------------------------------------- 2. When Molly’s parents retired, they decided they wanted to travel. They found an ideal job that allows them to travel for free, but the only catch is they have to stay at Holiday Inns. During each stay, they test all the amenities offered by the motel and evaluate each. The evaluation forms are sent to the motel headquarters where it becomes part of the motel’s __________ systems. ------------------------------------------------- A. Accountability information system (AIS) B. Marketing intelligence C. Experiential research data D. Marketing research ------------------------------------------------- 3. Which of the following is an example of primary data that would be used by Topps card company to determine popularity of its new hologram baseball card series? ------------------------------------------------- A. Sales records for baseball cards gathered by the industry’s trade council. B. Data from sales records kept by exclusive dealers of Topp’s...
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...Administration Construction Standards - Standard 13 Final EIS Keystone Pipeline Project KEYSTONE PIPELINE PROJECT CONSTRUCTION MITIGATION AND RECLAMATION PLAN Prepared By April 4, 2006 Rev. 3 CONSTRUCTION MITIGATION AND RECLAMATION PLAN 1.0 2.0 INTRODUCTION GENERAL CONDITIONS 2.1 Training 2.2 Advance Notice of Access to Property Prior to Construction 2.3 Other Notifications 2.4 Damages to Private Property 2.5 Appearance of Worksite 2.6 Access 2.7 Above-Ground Facilities 2.8 Minimum Depth of Cover 2.9 Threatened and Endangered Species 2.10 Non-Hazardous Waste Disposal 2.11 Hazardous Wastes 2.12 Noise Control 2.13 Weed Control 2.14 Dust Control 2.15 Off Road Vehicle Control 2.16 Fire Prevention and Control 2.17 Road and Railroad Crossings 2.18 Adverse Weather SPILL PREVENTION AND CONTAINMENT 3.1 Spill Prevention 3.2 Contingency Plans 3.3 Equipment 3.4 Emergency Notification 3.5 Spill Containment and Countermeasures UPLANDS (AGRICULTURAL, FOREST, PASTURE, RANGE AND GRASS LANDS) 4.1 Interference with Irrigation Systems 4.2 Clearing 4.3 Topsoil Removal and Storage 4.4 Grading 4.5 Temporary Erosion and Sediment Control 4.5.1 General 4.5.2 Sediment Barriers 4.5.3 Trench Plugs 4.5.4 Temporary Slope Breakers (Water Bars) 4.5.5 Drainage Channels or Ditches 4.5.6 Temporary Mulching 4.5.7 Tackifier 4.6 Stringing 4.7 Trenching 4.8 Welding, Field Joint Coating, and Lower In 4.9 Padding and Backfilling -iApril 4, 2006 Rev. 3 3.0 4.0 KEYSTONE PIPELINE, L.P. CONSTRUCTION...
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...Edition: 1.1 February 2002 Distance Education Course ML–302.5 Marine Terminal Operations Unit 1 Marine Terminals The three lessons in this unit will cover the topics of: • the role and function of marine terminals • terminal development • operational planning • civil engineering aspects of terminal design. Module B: Certificate in Maritime Logistics Diploma in Shipping Logistics—Jamaica Maritime Institute 1−1 Unit 1: Marine terminals Marine Terminal Operations Unit 1 ...........Activities and expectations Agenda To complete this unit, you will: • Read and study the text in this unit and any assigned passages in the Student Reader. • Apply the information by performing the Activities • Test yourself by doing the Practice Exercises and checking your answers. Resources There is no textbook for this course. All the information you require is in this Study Guide. In addition, your Student Manual lists some books that you may wish to read to expand your knowledge. Learning outcomes When you have completed this unit you will be able to: • • Explain some of the considerations in equipment selection. • Discuss the needs for storage areas. • Discuss safety and emergency response considerations. • 1−2 Describe the role and functions of marine terminals. List the broad categories of studies that are needed in planning a new terminal. Module B: Certificate in Maritime Logistics (Course...
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...CALIFORNIA CALIFORNIA An Interpretive History TENTH EDITION James J. Rawls Instructor of History Diablo Valley College Walton Bean Late Professor of History University of California, Berkeley TM TM CALIFORNIA: AN INTERPRETIVE HISTORY, TENTH EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions © 2008, 2003, and 1998. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Some ancillaries, including electronic and print components, may not be available to customers outside the United States. This book is printed on acid-free paper. 1234567890 QFR/QFR 10987654321 ISBN: 978-0-07-340696-1 MHID: 0-07-340696-1 Vice President & Editor-in-Chief: Michael Ryan Vice President EDP/Central Publishing Services: Kimberly Meriwether David Publisher: Christopher Freitag Sponsoring Editor: Matthew Busbridge Executive Marketing Manager: Pamela S. Cooper Editorial Coordinator: Nikki Weissman Project Manager: Erin Melloy Design Coordinator: Margarite Reynolds Cover Designer: Carole Lawson Cover Image: Albert Bierstadt, American (born...
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...Building Code of the Philippines CHAPTER 1 GENERAL PROVISIONS SECTION 101. Title This Decree shall be known as the “National Building Code of the Philippines” and shall hereinafter be referred as the “Code”. SECTION 102. Declaration of Policy It is hereby declared to be the policy of the State of safeguard life, health, property, and public welfare, consistent with the principles of sound environmental management and control; and to this end, make it the purpose of this Code to provide for all buildings and structures, a framework of minimum standards and requirements to regulate and control their location, site, design, quality of materials, construction, use occupancy, and maintenance. SECTION 103. Scope and Application (a) The provisions of this Code shall apply to the design, location, sitting, construction, alteration, repair, conversion, use, occupancy, maintenance, moving, demolition of, and addition to public and private buildings and structures, except traditional indigenous family dwellings as defined herein. (b) Buildings and/or structures constructed before the approval of this Code shall not be affected except when alterations, additions, conversions or repairs are to be made therein in which case, this Code shall apply only to portions to be altered, added converted or repaired. SECTION 104. General Building Requirements (a) All buildings or structures as well as accessory facilities thereto shall conform in all respects to the principles...
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