...Slides Notes Managerial Accounting: process of identifying, measuring, analyzing, interpreting and communicating info. Major activities of managers: planning, controlling, directing and motivating, decision making. PLANNING: Identify alternatives-----select best-----develop budgets Directing and Motivation * Employee work assignments * Routine problem solving * Conflict resolution * Effective communication * Controlling: * -ensure that plans are being followed. * -ie. Feedback between actual and budget is essential part of it. * * Strategy * -the focal point of a co’s strategy should be its target customers. * Customer Value propositions * Customer Intimacy Strategy * -understand and respond to customers needs * Operational Excellence Strategy * -deliver products and services faster, conveniently,lower price * Product Leadership Strategy * -higher quality goods * * Financial vs. Managerial Accounting * 1 users: external users vs. plan & control for internal use * 2 Time： Historical vs. Future * 3 objectivity and verifiability vs.relevance * 4 precision vs. timeliness * 5 subject companywide vs. segment * 6 rules GAAP/IFRS vs. not bound by any prescribed format * 7requirement mandatory for external reports vs. not mandatory * * Process Management * Four approach to improve * -lean production * -six...
Words: 545 - Pages: 3
...Human Factors in Maintenance Kevin Carr Embry-Riddle University Nigeria Airways Flight 2120 Nationair DC-8 Flight 2120 took the lives of 247 passengers and 14 crew members; 261 in all; during takeoff on July 11, 1991. The jet was owned by Canadian airline Nolisair, and was being operated by a Nigerian company to transport Nigerian pilgrims in and out of Mecca. The DC- 8 caught fire during take-off from Abdulaziz International Airport, Jeddah, Saudi Arabia. Pilots noticed problems during early stages of take-off and only made it 671 meters in elevation before attempting to turn around for a emergency landing. It was too late; the under inflated tires had overheated began to catch fire. The fire grew and blew out the hydraulics which made the emergency landing impossible. This was the worst wreck a DC-8 had ever experienced and has held the record for many years following. The NTSB concluded that the fire could have been handled by leaving the landing gear extended and away from the plane. Although the pilots failed to make the right decision, and added just one more human error to the equation, it was the obvious neglect by the maintenance team that caused this horrific accident. There are many human factors which played a vital role in the crash. The maintenance team failed to inflate the #2 and #4 main gear tires after recognizing the pressure during the pre-flight. An attempt to inflate the tires failed because there was no nitrogen available at the location. Further...
Words: 1250 - Pages: 5
...This can be done through Volume equations, Volume models, Volume estimation, Diameter-height relationship etc. They are needed to obtain reliable and up-to-date estimates of the forest stock. Adekunle (2005) noted that it is the best and reliable procedure for volume estimation of trees and is based on the relationship between volume and other variables such as diameter (diameter at the top, diameter at the middle, diameter at the base & diameter at breast height) and height (total & merchantable height) Hence, this paper is discussing adequately the roles of different volume models in forestry as a means to Sustainable Forest...
Words: 1405 - Pages: 6
...ANNAMALAI[pic]UNIVERSITY | | |DIRECTORATE OF DISTANCE EDUCATION | M.B.A. (marketing Management) FIRST YEAR ACADEMIC YEAR 2011 - 2012 ASSIGNMENT TOPICS THIS BOOKLET CONTAINS ASSIGNMENT TOPICS. STUDENTS ARE ASKED TO WRITE THE ASSIGNMENTS FOR EIGHT PAPERS AS PER INSTRUCTIONS. Last date for submission : 28-02-2012 Last date for submission : 15-03-2012 with late fee ` 300/- NOTE: 1. Assignments sent after 15-03-2012 will not be evaluated. 2. Assignments should be in the own hand writing of the student concerned and not type-written or printed or photocopied. 3. Assignments should be written on foolscap paper on one side only. 4. All assignments (with Enrolment number marked on the Top right hand corner on all pages) should be put in an envelop with superscription “MBA Assignments” and sent to The Director, Directorate of Distance Education, Annamalai University, Annamalainagar – 608 002 by Registered post. P.T.O. 5. No notice will be taken on assignments which are not properly filled in with Enrolment Number and the Title of the papers. 6. Students should send full set of assignments for all papers. Partial assignments will not be considered. ASSIGNMENT INSTRUCTIONS Write assignments on any TWO topics in each paper out of the FOUR. For each topic the answer should not exceed 15–pages. Each assignment carries 25 marks. (2 topics) ...
Words: 1193 - Pages: 5
...FACULTV OF AGRICULTURE B. AGRICULTURE 100 Level First Semester 1. Communication in English I 2. Logic Philosophy & Human Existence 3. Physical Chemistry 4. General Biology I (Botany/Zoology) 5. Practical Biology 6. General Physics 7. Mathematics 8. Organic Chemistry I 9. Practical Chemistry Sub-Total Second Semester 10. Communication in English II 11. Nigerian People and Culture 12. Social Sciences 13. Organic Chemistry 14. Biology II 15. Organic Chemistry II 16. Mathematics 17. Practical Physics 18. Use of Library Sub-Total 200 Credits 2 2 2 2 2 2 2 2 2 18 Credits Credits 2 2 2 2 2 2 2 2 1 17 Credits Level 1. 2. 3. 4. 5. 6. 7. 8. First Semester Climatology and Biogeography General Agriculture Anatomy and Physiology of Farm Animals Crop Anatomy, Taxonomy and Physiology Principles of Soil Science Principles of Agricultural Economics Introduction to Forestry Resource Manag~ment Introduction to Biotechnology Sub-Total 8. 9. 10 11. 12. 13. 14. 15. 16. Second Semester Principles of Animal Production Principles of Crop Production Principles of Food Science and Technology Introductory Biochemistry Introduction to Computers Introduction to Fisheries & Wildlife Introductory Statistics Entrepreneurial Studies I Introduction to Home Economics Sub-Total Credits 3 3 2 2 2 2 2 2 18 Credits Credits 2 2 2 2 3 2 2 2 2 19 Credits Total = 37 Credits All courses are core-courses for Agriculture, Fisheries and Forestry. 300 1. 2. 3. 4. 5. 6. 7. 8...
Words: 20312 - Pages: 82
...cancer, and diabetes. These chronic disorders are very costly to the consumer as well as the health care industry. The reform places importance on the following: “Keeping individuals healthy instead of the old fashioned way of treating the patient if they are sick” (Ortho-Clinical Diagnostics, INC., 2013). “Prevention and delay on delay on onset of chronic disease” (OCD, INC., 2013). “Managing chronic conditions through active partnership between patients and health care professionals” (OCD, INC., 2013). “According to the National Centers for Disease Control and Prevention, more than 133 million adults, or nearly half of all adults in America, are living with at least one chronic disease such as obesity, diabetes, or cardiovascular disease. Studies show that education and behavioral changes” (Luck, 2013). That is where a nurse’s skills, knowledge and the use of health promotion strategies come into the equation in the alteration from disease oriented health care to a wellness and prevention model of health care. The nurse in not only an educator, but a partner and collaborator, in a patient’s disease prevention and disease treatment process. Nurses can assist in this reform by imparting knowledge of health and wellness education, such types of education that a nurse can impart in her patients include: changing eating habits, maintenance of regular health care provider visits, understanding and watching laboratory results, taking medication correctly, and daily exercise...
Words: 362 - Pages: 2
...SciELO - Scientific Electronic Library Online vol.29 issue3Effects of process variables and additives on mustard oil hydrolysis by porcine pancreas lipaseApplication of enzymes in leather processing: a comparison between chemical and coenzymatic processes author indexsubject indexarticles search Home Pagealphabetic serial listing Services on Demand Article English (pdf) English (epdf) Article in xml format Article references How to cite this article Automatic translation Send this article by e-mail Indicators Have no cited articlesCited by SciELO Access statistics Related links Share Share on deliciousShare on googleShare on twitterShare on diggShare on citeulikeMore Sharing ServicesMore More Sharing ServicesMore Permalink Brazilian Journal of Chemical Engineering On-line version ISSN 0104-6632 Braz. J. Chem. Eng. vol.29 no.3 São Paulo July/Sept. 2012 http://dx.doi.org/10.1590/S0104-66322012000300003 BIOPROCESS ENGINEERING Study on fermentation conditions of palm juice vinegar by response surface methodology and development of a kinetic model S. Ghosh; R. Chakraborty; G. Chatterjee; U. Raychaudhuri* Centre for Medicinal Food and Applied Nutrition, Department of Food Technology and Biochemical Engineering, Fax: 91-033-24146822, Jadavpur University, Kolkata, 700032, India. E-mail: utpal31@hotmail.com ABSTRACT Natural vinegar is one of the fermented...
Words: 5531 - Pages: 23
...AInternational Journal of Production Research, Vol. 46, No. 4, 15 February 2008, 1047–1069 Activity-based costing in flexible manufacturing systems with a case study in a forging industry K. REZAIEy, B. OSTADI*z and S. A. TORABIy yDepartment of Industrial Engineeing, Faculty of Engineering, University of Tehran, PO Box 11365/4563, Tehran, Iran zDepartment of Industrial Engineering, Faculty of Engineering, Tarbiat Modares University, Tehran, Iran (Revision received August 2006) The objective of this paper is to apply the activity-based costing (ABC) approach together with traditional costing (TC) for parts costing in flexible manufacturing systems (FMS) with the A(2) level of automation. We propose a new model for the implementation of ABC using the product cost tree concept. First, the required resources and activities for each part are recorded, and then their costs are calculated using the appropriate cost formulae. This model was applied in a forging industry. A comparison and analysis between ABC and TC was then carried out based on the computational results obtained from the case study. The results indicate that the ABC outputs are more reliable than the TC outputs, and thus the ABC approach is a more acceptable tool for parts costing in FMS. Keywords: Costing; Activity-based costing; Cost management; Flexible manufacturing; Product cost tree concept 1. Introduction Increasing worldwide competition has forced manufacturing organizations to seek to produce high-quality...
Words: 9004 - Pages: 37
...System THEORY | UAV for Disaster Surveillance | | | Arun Bhatta | S0254398 | | Contents Executive Summary 1 Introduction 2 System Test, Evaluation and Validation 2 Validation 3 Human Factor 3 Optimization in design and operation for reliability and maintainability 4 Reliability Assessment 5 Conclusion and Recommendation 5 Bibliography 7 Executive Summary There are several UAVs which are widely used in civil and military application. The continuous use of UAV has demanded a reliable and low cost UAV system. Since its use in increment it has undoubtedly raised the question about the reliability of these systems. Thus, requiring improvement in the modeling, testing and flight control for the small UAV’s. This reports aims to provide an integrated framework with systematic, schematic procedure so that the UAV can be synthesized and validate flight controllers. This approach will help FAA and EASA certification of UAV system very rapidly. The first part of this report provides a brief introduction regarding the failure of the components. The second part discusses about the System Test and validation of the UAV. The last part of the report analyzes the human factor issues involved in the UAV. Introduction The UAV is not a new concept as it was in the situation of First World War. The roles and responsibilities that it carries has increased its utilization in the field of defense, disaster surveillance etc. Increment in utilization has accompanied...
Words: 2630 - Pages: 11
...International Journal of Production Research Vol. 48, No. 20, 15 October 2010, 5943–5961 The impact of market focus on operations practices Tritos Laosirihongthonga, Keah Choon Tanb* and Vijay R. Kannanc Department of Industrial Engineering, Thammasat University, Klong Luang, Pathumtanee 12121, Thailand; bDepartment of Management, University of Nevada, Las Vegas, Las Vegas, NV 89154-6009, USA; cJon M. Huntsman School of Business, Utah State University, Logan, UT 84322-3555, USA (Received 17 December 2008; final version received 3 August 2009) A key element of successful organisations is the alignment of their strategy and tactics. This study explores the relationship between a firm’s competitive strategy and its operations practices in the context of a developing economy. Two competitive strategies are examined; a niche market strategy characterised by targeting specific market segments, and a broad market strategy characterised by serving a wide range of market segments. Three sets of operations practices consistent with the adoption of lean manufacturing, Total Quality Management, and relationship development in a supply chain context, are explored. Using survey data from senior managers in Thailand, results show that for firms adopting a niche market focus, competitive strategy directly influences process management and relationship development, which in turn affect workforce commitment. Only workforce commitment has a direct effect on operational performance. In contrast...
Words: 7916 - Pages: 32
...Springer Series in Advanced Manufacturing Series Editor Professor D. T. Pham Intelligent Systems Laboratory WDA Centre of Enterprise in Manufacturing Engineering University of Wales Cardiff PO Box 688 Newport Road Cardiff CF2 3ET UK Other titles in this series Assembly Line Design B. Rekiek and A. Delchambre Advances in Design H.A. ElMaraghy and W.H. ElMaraghy (Eds.) Effective Resource Management in Manufacturing Systems: Optimization Algorithms in Production Planning M. Caramia and P. Dell’Olmo Condition Monitoring and Control for Intelligent Manufacturing L. Wang and R.X. Gao (Eds.) Optimal Production Planning for PCB Assembly W. Ho and P. Ji Trends in Supply Chain Design and Management H. Jung, F.F. Chen and B. Jeong (Eds.) Process Planning and Scheduling for Distributed Manufacturing L. Wang and W. Shen (Eds.) Collaborative Product Design and Manufacturing Methodologies and Applications W.D. Li, S.K. Ong, A.Y.C. Nee and C. McMahon (Eds.) R. Venkata Rao Decision Making in the Manufacturing Environment Using Graph Theory and Fuzzy Multiple Attribute Decision Making Methods 123 R. Venkata Rao, PhD Department of Mechanical Engineering Sardar Vallabhbhai National Institute of Technology, Surat Ichchanath Surat 395 007 Gujarat State India British Library Cataloguing in Publication Data Rao, R. Venkata Decision making in the manufacturing environment : using graph theory and fuzzy multiple attribute decision making methods. - (Springer series in advanced...
Words: 75183 - Pages: 301
... P. 4-6 i) Renewable energy globally ii) UK offshore windfarm overview 3. Situation analysis P. 6 4. Our project P. 7-12 i) Description of location ii) Turbine models and foundation iii) Construction process iv) selling price v) Financing of project vi) Operation and maintenance 5. Financial analysis P. 13-18 6. Environmental issues P. 19 7. Conclusion P. 20 1. Executive summary Renewable energy has always been an issue in the world, when people are starting to realize the consequences of producing energy through the usage of fossil fuels such as pollution and global warming. In light of the situation, it is observed that there is a need to help shape a better world, a greener future so that our ancestors will not be living in a world that is full of pollution. In this report we proudly present our offshore wind farm – Windsea Array. We will first introduce the overview of the entire renewable energy industry, such that people all over the world are gaining stronger attention to the importance of developing renewable energy, due to the fact that our fossil fuels will be running out soon. Then we will narrow down our view specifically to the UK where our wind farm will be built, highlighting the fact that the UK has been the largest offshore wind farm producer since 2008. Next we will give an introduction to the location of our wind farm...
Words: 4561 - Pages: 19
...Life cycle cost comparison: Primozone GM192 vs. Ozonia CFV15 A guide of how to create value for your customer. Course: ISM 13 Module 3 Pricing Authors: Blume, Anna 900711 Collu, Giulia 850511 Tutor & Examiner: Hand in date: 1 Caesar, Peter 15-01-15 Primozone Abstract This paper is aimed at providing a comparison of the total cost of owner ship (TCO) of two comparable products through the tool of a lifecycle cost analysis (LCCA). The compared products are ozone generators from Primozone and Ozonia. Firstly the importance of pricing is presented followed by the discussion of the four most common pricing approaches and the best pricing method according to literature to achieve high margins is introduced. The described topics will be explained in detail in the theoretical framework followed by a comprehensive description of how value based pricing can be put into practice through economic value analysis and quantification and be therefore used as sales arguments based on the LCCA presented in Appendix A. The parameters for the LCCA were chosen with the help of the head of sales of Primozone, Jürgen Bischhaus. The collected data are presented in Chapter 4 and implemented into the excel spreadsheet in Appendix A. Several changing parameter scenarios were applied with the result that Primozone outperforms Ozonia in each of them except energy consumption, which are marginally higher, but not significantly. This also results in the ability...
Words: 16342 - Pages: 66
...the model. Results indicate indirect relationships between supervisor support and transfer of training, by means of both trainees' motivation to transfer and the transfer climate. The indirect effect of supervisor support on transfer of training is only slight, however. Learning results are shown to be the strongest predictor of transfer of training. Owing to the small sample size structural equation modelling techniques could not be used, thus limiting the possibility to test the model as a single entity. The use of perceptional measures implies the risk of response tendencies from trainees and supervisors. Further research using different measures and different timing of measurement during the training and transfer process is recommended. Results of this study indicate that supervisor support that is intended to enhance transfer of training can best be directed at improvement of the transfer climate at the workplace. The paper provides both researchers and practitioners with a further insight into the complex effects of supervisor support on transfer of training, indicating the importance of taking into account the effects of other transfer-influencing factors. Full Text Translate Full textTurn on search term...
Words: 8738 - Pages: 35
...Disruption Management in the Airline Industry: Dealing with the Airline Recovery Problem Andr´as Mavrocordatos e i6015437 Maastricht University School of Business and Economy Econometrics & Operations Research Master Thesis Supervisor: Tjark Vredeveld August 23, 2015 Abstract This thesis approaches the disruption management problem in the airline industry. The problem is proposed by the ROADEF 2009 Challenge and considers multiple objectives: minimize passenger disutility while maximizing revenue. Moreover, the airline operations should be back to normal after a given recovery period. The method used in this thesis is to firstly create an initial feasible schedule by focusing on different constraints and maximizing the number of passengers arriving to their destination, and secondly, to improve the schedule by using a form of Tabu Search to create and cancel routes in order to diversify the schedule. During the improvement algorithm, routes are created based on characteristics related to disrupted routes in the initial schedule, and routes are deleted based on a selective criterion related to aircraft. 1 Contents 1 Introduction 4 2 Problem Description 6 2.1 Stakeholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 2.1.1 Airports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 2.1.2 Aircraft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
Words: 15844 - Pages: 64
