...Scientific Glass, Inc; Inventory Management Company Background Scientific Glass established in 1992. It manufactures specialized glassware for laboratory usage and research facilities. Especially, middle size target is very high competition, which focusing on providing durable product, innovative design, and superior customer service. This forces the company focus on niche market by using information system to enable specific market focus in order to serve target better than competitors. In this industry continues growth over the past decade, which ranged from 3% to 5%. For Scientific Glass focused of its sales effort in North America for 70% of total sales. Moreover, after SG developed relationship with distributor in Germany in 2002, it makes SG has 20% of total sales come from Europe. Another 10% is come from Asia market, which has distributor in Singapore server that market. The main customers of this industry, like the other providers, SG selling its products to many organizations such as; 1) Pharmaceutical companies 2) Biotechnology firms 3) Hospitals 4) Academic and government research labs 5) Environmental testing facilities 6) Industrial research and development facilities 7) Quality control sites The price range of its product is from less than $3 to more than $200, with the average range is falling in $4 to $20. SG has more than 3,000 different standardized products. Also, company offers custom glassblowing services to customer who required specialized...
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...Operations Management Group Assignment 2 Scientific Glass, Inc : Inventory Management Group: Leonhard Fricke Paul Hannemann Ioannis Gounaris Shruti Vasudev Monday, 14th December 2015 Executive Summary The Scientific Glass, Inc (SG) is a midsized company in the specialized glassware industry producing for and supplying to research facilities and specialized laboratories in its market regions; North America, Europe, Asia Pacific and rest of the world. The company is facing an increase in inventory level balances with too much capital tied up in inventory preventing it from using its capital towards international expansion. Evaluating other options on the basis of effects of SG's previous attempts at correcting inventory management and the company information provided is a step in the right direction for curbing these major problems faced by SG. As planned SG is moving towards expansion in 2010 and bearing in mind a 20% growth in business SG will need external funding which has been calculated as $14.7 Million. This sum total was drawn apon by using the financial data from 2008 and 2009 to prepare a forecast for net sales, inventory and owner's equity in 2010 and then calculating planned investment expenses and hence external funding requirements using assets, liabilities and retained earnings forecasts. In order to prepare this forecast several assumptions were made, namely; percentage of interest expense and taxes have been averaged over...
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...Engineering Materials (Glass) Introduction Glass is a non-crystalline solid material. Glasses are typically brittle, and often optically transparent. The most prevalent type of glass, used for centuries in windows and drinking vessels, is soda-lime glass, made of about 75% silica (SiO2) plus Na2O, CaO, and several minor additives. Often, the term glass is used in a restricted sense to refer to this specific use. [pic] [pic]Roman Cage Cup from the 4th century A.D. In science, however, the term glass is usually defined in a much wider sense, including every solid that possesses a non-crystalline (i.e. amorphous) structure and that exhibits a glass transition when heated towards the liquid state. In this wider sense, glasses can be made of quite different classes of materials: metallic alloys, ionic melts, aqueous solutions, molecular liquids, and polymers. Of these, polymer glasses (acrylic glass, polyethylene terephthalate) are the most important; for many applications (bottles, eyewear) they are a lighter alternative to traditional silica glasses. Glasses play an essential role in science and industry. Their chemical, physical, and in particular optical properties make them suitable for applications such as flat glass, container glass, optics and optoelectronics material, laboratory equipment, thermal insulator (glass wool), reinforcement fiber (glass-reinforced plastic, glass fiber reinforced concrete), and glass art (art glass, studio glass). Glass transition [pic] ...
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...Analysis Of Scientific Glass Inventory Management Finance EssayAnalysis Of Scientific Glass Inventory Management Finance Essay The products of Scientific Glass include customized and specialized glassware for a variety of organizations such as pharmaceutical companies, hospitals, research labs, quality-control sites and testing facilities. By January 2010, a substantial increase in their inventory balances tied up the capital needed for investment for expansion. The debt-to-capital ratio exceeded the 40% target preventing the company to use their capital in other areas. Also the shipping costs were rising, competitive pressures were speeding up, and certain markets in North America and Europe were becoming saturated which underscored the necessity for capital investment for expanding market opportunities in Latin America and Asia. Moreover, expanding warehousing network increased the inventory levels along with costs, documentation complexities and errors. The company hired a new Manager of Inventory Planning, Ava Beane, to come up with an effective plan to manage SG’ s inventory without requiring a large capital investment. In order to finance operations in year 2010, SG requires an external funding of $53.8 million. These expenses would further limit the company to use their existing capital in other areas such as research and development and expanding to international markets. To improve customer service levels, SG had increased the target customer fill rate to 99% and added...
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...apps for Google Glass will know when you’re looking up at the clouds and provide you with an instant weather report. If you’re unsure of what’s at a particular street address, look at the premises and Google Glass will tell you who’s inside, and possibly even show you the indoor plans along with a 360° panorama view if it’s a business. 2. Google Glass introduces absolutely new way of computing, with a simple, voice-driven user interface that makes a number of tasks much more intuitive. There are some examples of these: 3. To start using Google Glass, you tap the frame of the glasses and you’re taken to the home screen. You don’t see a bunch of icons like on smartphone home screen, just a simple real-life scene you’re looking at. To issue a command, you tap the frame and say “OK Glass”. 4. After you issue the order “OK Glass”, you can instruct the glasses to do something specific by saying something like “take a picture”. That’s it. There’s no fumbling around looking for the camera icon. 5. Same goes with video. With Google Glass, you can record what you see without moving a finger. 6. Now this is what calls serious sharing — actually sharing what you see with your friends . 7. Lost? No problem, you have your super GPS navigating device to guide you along in the right direction. It’s perfect for the car. 8. Google Glass will able to read and translate any text you see/say, which makes them great for travellers. For travellers, Google Glass will be a revolution...
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...Harris treated the slaves like if they were prisoners in his jailhouse. The government gives a prisoner a new identity which is a number that they must go by while in jail so that it would be easier to keep track of them. Joel Chandler Harris simply gave them new names, names that he would remember because of the persons trait or how dark their skin was. From the moment he gave them the name, that was their new identity as long as they were under his ownership. That is why Chandler Harris takes away the slaves' Identity when he creates Uncle Remus. Mrs. Cullinan sees herself superior to her employees, Margaret and Miss Glory. “There were goblets, sherbet glasses, ice-cream glasses, wine glasses, green glass coffee cups with matching saucers, and water glasses. I had a glass to drink from and it sat next to Miss Glory’s on a separate shelf from the others”(212). Mrs....
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... I have never put much thought into how glass could be used in the criminal justice field but it plays a very important more than you could believe. In the following paper we will discuss the history of glass, how to locate, collect, identify, and compare samples of glass. The very first glass know to man was called obsidian, which was black volcanic glass; this glass was used to make weapons and decorative objects. Obsidian glass was dated back 3500BC in Egypt and Eastern Mesopotamia. People of the Stone Age used naturally occurring glass which formed when strikes sand lightning and by volcanic eruptions as a result of high temperature when certain types of rocks melt. In the beginning era of glass making the process was very slow and expensive luxury item to have and not many people could afford it. The glass industry was developed in Europe at the end of the 13th century but was was already established in Vince around (A.D. 1096-1270). The production of glass in Vince and other surrounding places until the 16th century, when crystallized lead was invented, and not until the industrial revolution was the (1900-1925) mechanical mass production of glass was started, hence the creation of flat glass (1905-1914) and blown glass. After starting mass production of plate glass then came the process of strengthen the glass (1959). This small but informative history of glass making comes to a close nearly 50 years ago glass is still evolving...
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...For the Parsons Challenge we were asked to look into a subject that is overlooked in our everyday life. When I was thinking about the subject of being “over looked” windows came to mind. A window is a space that you look through, created by a sheet of glass. The glass of a window is a transparent clean surface to allow vision to another space, while not being in it. I thought that windows are overlooked because they are meant to be looked through. So, I focused in on glass and was looking at the windows that I encounter in my daily life. The idea of a window is a clear transparent space to see through. Windows are meant to be kept clean so, it can fulfill its job of being a space to see out of. What made me inspired were the windows of my Jeep Liberty. In the winter, long streaking white stains start to plaster on top of the window surface, obstructing the view through the window. It was an interesting concept for me to realize that windows in reality are not actually clean or perfect. I always thought of windows in an ideal manner. These stains on the window conflicted with what I imagined a window would be,clean and almost unnoticed. These stains changed the space of the window that they laid on. Something that was once overlooked is manipulated to be something to look at. I turned this concept into three pieces of art that, show stains in new way. The stains on the windows are photographed, then traced onto tracing paper, and finally onto a frosted vinyl plastic. On...
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...Building Construction Analysis This assignment is elaborated through the construction process and detailed six logical stages of our residential buildings being constructed. Readers will be given a rough picture of how and why our home house comes into being step by step gradually in the way we are familiar. Also, technical data related to the construction materials are discussed. So the reason why the materials are chosen and the methodology of construction are to be carried out. Many pictures used in this assignment were taken in some real construction sites (Dunraven Drive and Winchester Crescent, Pimpama, QLD, 4209) while some were employed by internet searching. Section Zero – Pre-construction Preparation Before a formal construction process can commence there are lots of matters needing to be considered and relevant documentation should be completed. Some legal requirements are also to be met. In the pre-design stage, a family/stakeholders conference is an ideal way to determine every party’s needs so that individual requirements, house parts’ size and their priority could be finalized, which in turn leads to the real designing stage. Some professional consultants could be employed, e.g. architects, valuers, surveyors, structural/electrical/mechanical/hydraulic/geo-technical engineers. The output documentation includes but not limited to design drawings, building drawings (floor plan, roof plan, etc.), service diagram, wet area details, geo-technical report...
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...Just sit right there I'll tell you how I became the prince of a town called Bel Air In west Philadelphia born and raised On the playground was where I spent most of my days Chillin' out maxin' relaxin' all cool And all shootin some b-ball outside of the school When a couple of guys who were up to no good Started making trouble in my neighborhood I got in one little fight and my mom got scared She said 'You're movin' with your auntie and uncle in Bel Air' I begged and pleaded with her day after day But she packed my suit case and sent me on my way She gave me a kiss and then she gave me my ticket. I put my Walkman on and said, 'I might as well kick it'. First class, yo this is bad Drinking orange juice out of a champagne glass. Is this what the people of Bel-Air living like? Hmmmmm this might be alright. But wait I hear they're prissy, bourgeois, all that Is this the type of place that they just send this cool cat? I don't think so I'll see when I get there I hope they're prepared for the prince of Bel-Air Well, the plane landed and when I came out There was a dude who looked like a cop standing there with my name out I ain't trying to get arrested yet I just got here I sprang with the quickness like lightning, disappeared I whistled for a cab and when it came near The license plate said fresh and it had dice in the mirror If anything I could say that this cab was rare But I thought 'Nah, forget it' - 'Yo, homes to Bel Air' I pulled up...
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...flavor. Tuna-3 Temp-4 Spicy Lobster-2 (spiciness-2 glasses) Sushi Popo Atmosphere-casual, but still well decorated Overall-C+ Total Price-$23.50 While Sushi Popo’s tuna roll was very average, it’s tempura roll struggled. The roll took risks, adding in cream cheese and a decidedly un-sweet sauce. Neither of these worked well. The cream cheese’s mushy texture clashed with the crispiness of the tempura, and the sauce was lacking in flavor. Their specialty, the Autumn roll (crabmeat, avacado, and cream cheese rolled in crispy tempura and fried veggies), suffered from the same problem. It’s sauce was very similar to the tempura’s, and none of the other ingrediants were strong enough to make up for it. Tuna-2.5 Temp-2 Autumn-2.5 (1/2 glass) Jade Sisters Atmosphere-very casual Overall-B- Total Price-$18.18 Jade Sisters features some surprisingly solid sushi. While average rice and fish prevent the sushi from being anything special, there was not a whole lot to complain about. The tempura roll featured a nice little sweet sauce, and the tuna roll featured some surprisingly tasty fish. The specialty roll, the caterpillar (shrimp tempura, cream cheese and cucumber with a special house sauce) featured a very tasty sauce, although it suffered from having too much cream cheese. Cream cheese is an ingrediant that should never have more than a supporting role in a sushi roll, but this cream cheese was a little overwhelming....
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...high school student. Because of my tendency to act before I think, I have developed a strong belief in human instincts. This belief was strongly reinforced on a day not long ago. On my first day as a server at a fancy restaurant, my boss handed me a glass to use as a reference so I could perform an errand for him. “I need another 52 of these glasses. We need them soon so hurry.” he said, also mentioning that the glass he had given me was the only one at our restaurant. Naturally, an intelligent person might hold onto the glass a little tighter, or at least take a good look to remember what it looked like. Not me. I dropped it not 5 seconds after my boss put it in my hand. Next came a moment of equanimity; the calm before the storm of reality hit. Watching it fall to the ground. Servers break glasses all the time. So what? Then the panic hits; I am absolutely positive that I’ll never be employed again. But when I look up from the shards of glass, my boss just laughs and sends me to get the other glasses, helpfully suggesting that I should pick up an extra now. I sped over to get the other glasses, thinking I got lucky by running into a friend who worked there. I began gesturing with my hands, describing as best I could a glass that I could hardly remember. After tons of...
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...Final Exam Essay Henry Hazlitt’s Economics in One Lesson has many fallacies that use simple examples to describe an economic situation. One of these fallacies, entitled “The Broken Window”, is in the second chapter. In this example, a young hoodlum heaves a brick through the window of a baker’s shop. The crowd that gathers around the broken glass reminds the baker that the misfortune has a bright side since it will make business for a glazier. If a new glass window costs $250 then the glazier will have $250 more to spend with other merchants, and they will have $250 more to spend and so on. While this vandalism will mean more business for some glazier, the shopkeeper will be out $250 that he was planning to spend on a new suit. Since he has had to replace the window, he will have to go without the suit. Instead of having a window and $250, he only has a window. Consequently, the glazier’s gain of business is the tailor’s loss of business. No new employment has been added. A new window will be seen in the next day or two. But the suit will not because it will not be made. This fallacy can be related to a modern-day situation. When a city decides to employ its city workers or a construction firm to rebuild some sidewalks, it may feel that it is increasing the beautification of the city while also employing some individuals. However, by choosing to remodel the public sidewalk, the city is forgoing leaving it as it is and instead building on empty land or an abandoned property...
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...With a ragged diamond of plate glass.” The first two lines of the poem appeals to the reader a metaphor “ragged diamond.” The use of the word ragged to describe the glass suggests something broken or torn. The second image is of “a young man and his girl falling backwards into a shop-window.” This is written in the present tense. The reason for this is to create a sense of immediacy. This gives the reader a sense of almost being a witness to this event. The next image in the poem is a violent one “The young man’s face is bristling with fragments of glass” it is as if the man has a beard made of glass. The use of the word “bristling” shows us that the man has fragments of glass puncturing his face. The reader is then left to wonder how the glass came to be stuck to his face. The comparison with a beard is deliberately ironic and shocking. “and the girl’s leg has caught on the broken window” The poet’s choice of words is very important here. “Caught” suggests something that has trapped the girls leg is trapped by the shattered plate glass and she is probably seriously injured. The poet draws even more attention to the violent detail, “And spurts arterial blood over her wet-look white coat. The poet used both sound imagery “spurts”, and visual imagery. The implication of the bloods colour is suggested by the word arterial. Clearly an artery has been cut which puts the girl in grave danger. “ This contrast with the white coat again drawing attention the blood...
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...AGILA ART GLASS CASE When Lito Domingo, a second year graduate student at the Asian Institute of Management, first visited Agila Glass in 1990, he found the business files in disarray and the owners wondering how much longer he can stay in business. Records of production and data on product costs were non-existent.and the only financial records were a checkbook, unreconciled bank statements and several tax returns. James Tan was a skilled glassblower who had recently moved his factory from Binondo to Malabon. Tan’s wife had always taken care of the company’s books and records, but the bookkeeping had been neglected since his wife passed away more than two years ago. Even if his glasswork had been selling very well since he moved to Malabon a year ago, he soon found himself draining his very limited resources. He did not expect a big salary, but estimated that he would need at least P 25,000 a year to tide him over. Notwithstanding his lack of organized financial information, he realized something had to change.if he was to avoid bankruptcy. In desperation, he contacted Lito, a longtime friend, who agreed to help him. Production Process Agila produced fine, handblown glassware in the form of tumblers, paperweights, patterned glasses and vases. In a refurbished garage, James fashioned handblown items from molten glass gathered on a long metal blowpipe. Using his own breath to shape the object, James formed each vessel by a process analogous to blowing honey at the end...
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