MBA admission essay samples
Wednesday, August 26, 2020
Effectiveness of Community Policing
Question: Examine about the Effectiveness of Community Policing. Answer: Presentation: Working up these aptitudes goes with comprehension and introduction. Coming up next are a few ways to deal with start. Chipping in, taking related courses, notwithstanding getting work presentation. Chipping in with the local office/branch of police is an exceptional spot to start. All things considered, chipping in with any a gathering administration affiliation can give me a bit of the limits required to be an amazing gathering policing official. Any kind of work experience can assist me with working up the aptitudes required to be a convincing cop. Regardless of whether it is filling in as a colleague, working in retail, or accomplishing managerial work, my ability to speak with others, think and respond rapidly, and sort out work will help me in policing. Work experiences/encounters in the public eye will help me better grasp the movement of the gathering I may serve and improve my ability to show charitableness and respect to others in the work setting. These occupations will in like manner help me to understand the enveloping condition and culture (Ahlin Gibbs, 2012). Taking related courses could be through informational courses focused on correspondence or essential considering. Tuning in and talking strategies with the various masses I will cooperate with is incredibly gainful for creating pertinent aptitudes as a cop. Essential instinct takes practice and will assist you with growing better basic reasoning limits. Web based Learning Numerous people have questions that learning on the web would get an individual to the degree having the ability to talk another vernacular smoothly. Regardless, notwithstanding the way that Bertus (2010) gave a mind blowing introduction into the point in her article, unmistakably there is a wide scope of understandings of what internet realizing truly implies. It isn't just self-learning material, while getting some data about web based learning the foremost thing that goes to people's minds is self-learning material. Doubtlessly, there are phenomenal online stages out there with alright thoughts making sentence structure and jargon a lot less complex and charming to learn, likewise with the benefit of being accessible at whatever time and any place. Hypothesis related with learning No single best-practice in e-learning has risen, and may be doubtful given the extent of learning and indicating styles, the potential ways development can be executed and the courses in which enlightening advancement itself is advancing. Distinctive scholarly procedures or learning theories may be considered in arranging and connecting with e-learning programs. Social-constructivist this training technique is particularly overseen especially by the usage of talk get-togethers, web diaries, wiki and on-line network works out. A communitarian approach opens informational substance creation to a progressively broad social affair including the understudies themselves. A specific establishment concerning PCs attempted to use a constructivist approach in its endeavor. Dependable data as a volunteer in policing Countless workplaces everywhere throughout the country use volunteers to fill key parts in a broad assortment of limits all through different workplaces/offices. Local volunteers supplement and support officials and non-military staff work power by allowing them to concentrate on their basic commitments. Volunteer parts may join performing managerial endeavors, filling in as an extra course of action of eyes and ears, assisting with chase and salvage activities, and creating references for open halting encroachment. Chipping in with the local police office can be an astounding way to deal with offer back to my gathering/network (Bobinsky, 2011). It would ideal to be a cop since cops help individuals in the general public and ensure it. Also they authorize the guidelines. Cops look at criminal development by meeting observers and scanning for affirmation at the areas of bad behavior. In addition, cops help setbacks of various bad behaviors or accident. Usually they ought to respond to calls, for instance, strikes, car accidents, or uproarious social events. The police must be covert when required to expand certain insight. They watch over reaches by strolling, cruiser, bicycles, or in their watch automobiles. While on a watch, officials are continually prepared to respond to a wide scope of emergencies. End To tie up the key subjects talked about in this paper, there are three significant abilities recognized so as to join the police power. Such abilities incorporate being shrewd in settling on choices and considering both the culpable and protecting gatherings. Another significant expertise to have is to comprehend a specific circumstance and having the option to complete different undertakings. In this way, these abilities can be increased on the web however there are misguided judgments about learning on the web. Numerous individuals battle that with learning on the web the human piece of learning is missing. This is in all probability one of the essential reasons why online courses have starting late, ended up being logically acclaimed on the web and the contributions are boundless. Schools especially have ended up being appended to just appropriating their addresses online for everyone to take after either live or a short time later as documentation, for example, a web recording. References Ahlin, E. what's more, Gibbs J. (2012) The Chicken or the Egg, Police Practice and Research. 13. 6: 513524 Ankony C. (2011) The Impact of Perceived Alienation on Police Officers' Sense of Mastery and Subsequent Motivation for Proactive Enforcement, An International Journal of Police Strategies and Management, vol. 22. 120-32 Bertus, F. (2010) The Use and Effectiveness of Community Policing in a Democracy, Prod. National Institute of Justice, Washington, D. C Bobinsky, R. (2011) Reflections on network arranged policing, FBI Law Enforcement Bulletin, 15-19 Earthy colored, L. what's more, Wycoff M. D (2011) Policing Houston: lessening dread and improving administrations, Crime and Delinquency, 71-89 Doyle J. (2012) Generous Pay and Perks mean Police Officers are in the top 20% of Earners, Daily Mail. London Goldstein H. (2014) Problem Oriented Policing, McGraw-Hill Publishing, New York, NY Tatum G. H (2014), Combating Crime - Full Utilization of the Police Officer and Community Service Officer Concept, International Association of Chiefs of Police, Police Chief Journal
Saturday, August 22, 2020
Newmont Mining Corporation Essay Example | Topics and Well Written Essays - 1000 words
Newmont Mining Corporation - Essay Example Newmont additionally has many joint endeavor associations with various nations around the world. Newmont Mining Corporation was established 1916 in New York by Colonel William Boyce Thompson as a holding organization which its principle point was to put resources into overall mineral, oil, and related organizations. The name ââ¬Å"Newmontâ⬠is a portmanteau ââ¬Å"new Yorkâ⬠and ââ¬Å"Montanaâ⬠that is as indicated by organization legend and it reflects where the author , Thompson, made his fortune and where he grew up. Interests abroad were then gained over guaranteed reasons and in about the center of twentieth century, it had a controlling enthusiasm for the Tsumeb mine in Namibia and in the O'Okiep Copper Company in Namaqualand, South Africa. Today, Newmont Corporation stays as the main standing gold organization in the norm and poorââ¬â¢s 500 record (Newmont Company History, 2013). Since it is a mining organization, it has set up a lot of principles that spre ad human wellbeing, training and rights, network inclusion, straightforwardness and responsibility and neighborhood business (Kotler and Lee, 2004). The firmââ¬â¢s activity manages training and wellbeing and most works in the organization are finished by the neighborhood individuals. This is on the grounds that the organization trusts it has an obligation to offer back to the network. Newmont Company has gotten subsidizing from the global account partnership. In any case, it needed to concur that it will completely conform to the worldwide standards on security and wellbeing, normal biological systems, specialist wellbeing, treatment of hazardous materials, declaration projects and water assets. Through the companyââ¬â¢s migration activity, it offered a significant help to the neighborhood populace as in it helped them move to more secure spots, gave them need in recruiting of laborers and commitment in various help activities controlled the firmââ¬â¢s provincial advancemen t activity. It is additionally noteworthy to take note of that the firm has occupied with recovery programs in its mine in Peru however it experienced trouble when the delicate snow capped biological system made recovery hard and costly. Key partners Newmont Mining Corporation has a wide recorded number of partners as expressed underneath. Bruce R. Creek who as of now fills in as a Director for Boart Longyear Pty. Ltd., Programmed Group (as Chairman) and CSL Limited and furthermore an individual from the Financial Reporting Council in Australia and the Audit Committee of the Salvation Army (Southern Command, Australia). Vincent A. Calarco is Director of the Consolidated Edison and CPG International Inc. Mr. Calarco is Newmont's free Chairman of the Board.he works with different partners in Newmont. Joseph A. Carrabba is the Chairman, President and Chief Executive Officer of Cliffs Natural Resources (earlier known as Cleveland-Cliffs Inc). Gary J. Goldberg who was selected President and Chief Executive Officer and joined the Board of Directors of Newmont Mining Corporation on March 1, 2013. Veronica Hagen is Chief Executive Officer and an individual from the directorate of Polymer Group, Inc. since April 2007. She as of now serves on the Board of Directors for Southern Company. Simon R. Thompson is at present a non-official executive of Sandvik AB (Sweden) and Amec plc (UK). He was a non-official chief of AngloGold Ashanti Ltd (South Africa) from 2004 to 2008 and of United Company Rusal (Russia) from 2007 to 2009 (Newont Company History, 2013). Moral issues for the situation Ethics is a significant viewpoint in a business association. For a specific organization to develop and accomplish its dreams, missions, targets or objectives and destinations, it must set its morals programs separated from the standards and rules administering it. Generally normal
Friday, August 21, 2020
10 Leadership Assignments
10 Leadership Assignments There are numerous components to leadership, and many of them are written about frequently. In fact, I wrote a blog five years ago, Would You Follow You? Top 10 Ways to Be a Leader, where I listed my top 10 picks of leadership qualities. A lot of these traits would still be on my list. Whatâs missing from the list, however, is practical advice on how to improve in those highlighted leadership areas. For instance, if you are not delivering clear, consistent communication, what can you do to start doing so? If you are not leading with vision, what will get you there? Itâs easy to read lists and say âthatâs greatââ"but how will you change your behavior to increase your effectiveness? The Assignment Way of Living At the Wright Foundation for Human Potential, where I do the bulk of my leadership training, I have discovered whatâs called the âassignment way of living.â At any given time, I am working on anywhere from two to four assignments. Of course, having assignments is not useful unless you DO them, and Iâm usually a pretty responsible student, so I do them as much as possible. Being a great leader, and living into all the qualities that make a leader, takes doing your homework. The cool thing about this is that homework can be fun and even nourishing! In the group Iâm currently working with at Wright, each of us has a leadership assignment to further our growth. I thought I would share these with you so that you can get a sense of how the âassignment way of livingâ can further your own growth as a leader. Alpha. This one sounds best for people whose names begin with the letter âAâ (e.g., Alpha Annie). But it works regardless of the first letter of your name! The Alpha assignment will be good for you if you are someone, perhaps a project manager, who wants to be an outstanding plannerâ"and be so good at planning that others follow your example. It includes planning for breakdowns and having contingency plans in place. Gone Viral. This assignment will help you if you want to generate more enthusiasm and increase your ability to energize a group, mobilizing them toward goals and a mission. You will start giving more recognition to others, thus garnering their support and investment. Both Sides of the Telescope. This assignment requires looking at yourself inquisitively and as accurately as possible, at the same time as you look at others. This action creates mutuality and also a clear picture of your own skill gaps and the skill gaps of others so that steps can be taken to fill them. Then of course, you take those steps. Happy Customers. This one is pretty straightforward. Its purpose is to help you anticipate, elicit, and respond effectively to objections! When you do this, you become more capable of keeping customers happy when inevitable objections arise. In-the-Moment Visions. This is my assignment and itâs meant for someone whose job it is to set agendas and guide people. One trick here is to have a clear vision for myself that I share with my team. I had known it was important to set visions for projects and to create visions for other people. But Iâm discovering that when I share my own vision for myself with others, they often want to support me in making that vision a reality. O.V. (Points of View) on the Scene. This assignment is helpful for increasing your influence. By presenting your own point of view, your can persuade others to shift their thinking and actionâ"even in difficult and pressure-filled situations. Good Done. Complete daily tasks and deliverables on time and on budget. The vision here is to meet goals and deadlines consistently, and anticipate when a goal will not be met so you can apply alternative plans to meet the goal. Scan Report (In Out). In this assignment you work on scanning for problems as well as synergies to determine what is wanted and needed. Done well, this assignment will make you the person the team turns to as an antenna to get a read on the pulse of the team. Busy Honey Bee. The honey bee assignment encourages you to be thorough and do your due diligence. You will be on top of details and set standards for others to follow. Losada Colada. I had this assignment last year. Someone with this assignment becomes more inspiring by saying at least 3 positive things for each negative thing she says. People start to like her more and want to please her more. This is by no means a complete list of leadership assignments. The possibilities are truly endless and I encourage you to have fun with creating assignments and assignment names that will move you toward your leadership goals. - An Invitation If you want to get a more comprehensive introduction to the âassignment way of living,â I encourage you to attend the Foundations Training at the Wright Foundation for the Realization of Human Potential in Chicago. Contact me through the form on my site and I will provide you with a code to come to the weekend at no cost.
Sunday, May 24, 2020
A History of the Oreo Cookie
Many people have grown up with Oreo cookies. The twist or dunk debate has been around for decades, with one side claiming that the chocolate sandwich cookie is best separated into two halves and eaten as such and the other side claiming that the treats are meant to be enjoyed by dunking them straight into a glass of milk. Whatever camp you are a part of, it is safe to say that most find the cookie delicious. Oreos have become an icon of 20th-century culture. From Oreo-based dessert recipes spreading on the internet to festival favorites featuring the beloved cookie, it is clear that the world has a soft spot for this famous snack, and the cookie has only grown in popularity since it was invented in 1912, propelling it to the rank of best-selling cookie in the United States. Oreos Are Introduced In 1898, several baking companies merged to form the National Biscuit Company, also called Nabisco. This was the beginning of the corporation that would create the Oreo cookie. In 1902, Nabisco rolled out Barnums Animal Crackers for the first time, making them famous by selling them in a little box designed like a circus animal cage that featured an attached string so that the box could be hung on Christmas trees. In 1912, Nabisco had an idea for a new cookie, though it wasnt exactly its ownââ¬âtwo chocolate disks with a creme filling in between had been done already by the Sunshine Biscuits company in 1908, which called the cookie Hydrox. While Nabisco has never named Hydrox as its inspiration, the Oreo cookie invented four years after the world was introduced to Hydrox closely resembled the biscuit that preceded it: two decorated chocolate discs with white creme sandwiched between them. Despite its potentially suspicious origination, the Oreo made a name for itself and quickly surpassed the popularity of its competitor. Nabisco made sure to file for a trademark on the new cookie soon after its creation on March 14, 1912. The request was granted on August 12, 1913. The Mysterious Name When the cookie was first introduced in 1912, it appeared as an Oreo Biscuit, which changed in 1921 to an Oreo Sandwich. There was another name change in 1937 to Oreo Creme Sandwich before the company settled on the name that was decided upon in 1974: Oreo Chocolate Sandwich Cookie. Despite the roller coaster of official name changes, most people have always referred to the cookie simply as an Oreo. So where did the Oreo part even come from? The people at Nabisco arent quite sure anymore. Some believe that the cookies name was taken from the French word for gold, or (the main color on early Oreo packaging). Others claim the name stemmed from the hill-shaped test version that never even made it to store shelves, inspiring the cookie prototype to be named the Greek word for mountain, oreo. Some speculate that the name is a combination of taking the re from cream and sandwiching it, just like the cookie, between the two osà in chocolateââ¬âmaking o-re-o. Still others offer the bare explanation that the cookie was named Oreo because it was short, fun, and easy to pronounce. Though the true naming process may never be revealed, that has not affected Oreo sales. As of 2019, it was estimated that 450 billion Oreo cookies have been sold since 1912, planting it firmly at the top of cookie sales and winning over the hearts of millions. Changes to the Oreo The original recipe and signature look of the Oreo has not changed much, but Nabisco has been pumping out limited new looks and flavors for years, right beside the classic. The company started selling various versions of the cookie as its popularity grew. In 1975, Nabisco released its celebrated Double Stuf Oreos. A few of the other most welcomed varieties and themes created over the years include: 1987: Fudge covered Oreos introduced 1991: Halloween Oreos introduced 1995: Christmas Oreos introduced Through ambitious new flavors of the cookie, the design of the chocolate discs has been a constant, outside of color changes. The wafer design that has stuck around for the longest and was brought into existence in 1952 has remained much the same since then. As far as the recipe of the Oreo goes, the delicious filling that has contributed to the success of the cookie has evolved very little. It was created by Nabiscos principal scientistà Sam Porcello, who is often referred to as Mr. Oreo. His recipe for the classic creme has been only slightly altered since 1912, outside of primarily limited-edition flavors. Nabisco and the world agree that the Oreo recipe and design are far from broken, so there is no need to fix them. Oreos are well-loved just as they are and are sure to be around for many years to come.
Wednesday, May 13, 2020
How Does Frankenstein Benefit from Walton as a Narrator
How does the novel Frankenstein benefit from Walton as a narrator? By Alex Hewitt The beginning and ending of the novel Frankenstein are written in epistolary form as a series of letters from Robert Walton, to his sister. The letters are unusual as they contain very little information about Waltonââ¬â¢s sister and mostly detail Waltonââ¬â¢s exploits in exploring the Arctic in search of the North-West Passage, in this way resembling journal entries instead of letters. While Walton spends many pages explaining his adventures in a ââ¬Å"land surpassing in wonders and beauty,â⬠the few questions asked to his sister are either rhetorical such as ââ¬Å"do you understand this feeling?â⬠which is also condescending, snidely suggesting his sisters incapacity toâ⬠¦show more contentâ⬠¦As well as this, as noted by Nora Cook in A Companion to the Gothic, the combination of the above with the confusing circumstances as the actual writing of the novel such as if Walton made it home, did his sister edit his letter and who added the finishing touches such as ââ¬Å"17-?â⬠As Cook states, ââ¬Å"there can be no answers to these questions and the reader is never sure whether these are the proper ones to ask.â⬠These stacked layers of unreliable narration mean the novel can be the multi-faceted novel that it has become. On learning that Shelleyââ¬â¢s original intention was for the novel to be a word of mouth ghost story, starting with the lines ââ¬Å"it was a dreary night in Novemberâ⬠that changed over time, a conclusion can be reached that the use of unreliable narration is important because it leaves the novel up for interpretation on a number of features and with numerous possible meanings. For example it could be seen as anything from an exploration of Shelleyââ¬â¢s post-natal depression to a warning against the dangers of aggressive science and ambition, a classic gothic novel to the first science fiction novel ever written, a massive religious analogy or the importance of appearance. When the reader is bogged down with so many layers of potential lies, when they will never know if what they areShow MoreRelatedRomantic Elements Of Frankenstein1358 Words à |à 6 PagesFra nkenstein; or The Modern Prometheus, is a novel written by English author Mary Shelley in 1816. Originally intended as a gothic ghost story while on retreat in Geneva, Shelleyââ¬â¢s novel would later become the groundwork for modern science fiction and horror. As a romantic piece, Frankenstein is a novel intended to entertain, to scare, and to bring a sense of unease to the reader. Culturally and historically, however, it acts as a romantic commentary on the transition from the Enlightenment periodRead MoreAnalysis Of The Poem Frankenstein And The Rime Of The Ancient Mariner 1131 Words à |à 5 PagesEnglish IV AP 11 September 2015 The Burden of Knowledge, An Analysis of Gothic Elements in Frankenstein and The Rime of The Ancient Mariner Henry Wadsworth once said: ââ¬Å"Every man has his secret sorrows which the world knows not; and often times we call a man cold when he is only sad.â⬠Such untold sorrows are what plague two very distinct characters in two very distinct works of literature. Mary Shelleyââ¬â¢s Frankenstein tells of Victor Frankensteinââ¬â¢s torment as he is plagued by his creation; Samuel Coleridgeââ¬â¢sRead MoreMary Shelleys Frankenstein Essay2290 Words à |à 10 PagesMary Shelleys Frankenstein Mary Shelley is an author who wrote the novel of Frankenstein. Mary Shelley herself in her life, experienced many deaths of close friends and family. When she was first born her mother died, furthermore Mary had a baby, who died 12 days later and her husband Percy Shelly drowned. Maybe it was these experiences, which led Mary Shelley to write such a novel of great horror published in 1818. Frankenstein itself is called the modern PrometheusRead MoreFrankenstein Study Guide14107 Words à |à 57 PagesTHE GLENCOE LITERATURE LIBRARY Study Guide for Frankenstein by Mary Shelley i To the Teachern The Glencoe Literature Library presents full-length novels and plays bound together with shorter selections of various genres that relate by theme or topic to the main reading. Each work in the Library has a two-part Study Guide that contains a variety of resources for both you and your students. Use the Guide to plan your instruction of the work and enrich your classroom presentations. InRead MoreFrankenstein, By Mary Shelley3475 Words à |à 14 PagesMary Shelley is best known for her gothic horror classic Frankenstein. Frankenstein has been heralded by many as the first science fiction book, and Frankensteinââ¬â¢s monster had become an integral character in the publicââ¬â¢s cultural pantheon. However, Mary Shelleyââ¬â¢s novel is also a cautionary tale of the dangers of intellectual curiosity. Robert Walton, the arctic explorer Victor Frankenstein meets in his final days, serves as a cautionary tale. By embarking on his arctic exploration mission, he placesRead MoreThemes of Frankenstein3337 Words à |à 14 PagesThemes of Frankenstein Frequently, literature is intended to convey a significant idea or theme to it s readers regarding events that occur in our everyday existence. Occasionally these ideas appear in the context of straightforward characterization, but in some literatures, such as Marry Shelley s Frankenstein, these themes come to us in the guise of monsters, goliaths, dragons, gods, and myriads of fantasy-like components that express meaning in ways impossible within the boundaries of realityRead MoreScience May Be Interesting To Most, But Its Development1781 Words à |à 8 Pagesdevelopment has the potential to be absolutely terrifying. We are warned of this in Mary Shelleyââ¬â¢s Frankenstein. This extremely famous novel is about a scientist named Victor Frankenstein who creates a grotesque creature, using electricity. Many assume the creatureââ¬â¢s name to be Frankenstein as it may be depicted in movies but this is false, as the scientistââ¬â¢s name is Frankenstein and the monster does not have a name. New developing science allows Victor to create this creature which, as we learn throughoutRead MoreEssay on The Gothic Genre and What it Entails6177 Words à |à 25 PagesI think that the superior, enduring Gothic texts definitely reflect political ideal and contemporaneous social features which touched the vast majority of people. This is especially apparent if one traces the maturation of the form from Walpole (1764) to Mary Shelley (1818) and Maturin (1820). (For example William Godwins Caleb Williams (1794)had an overt political message intended to expose the inadequacy of Things as they are). During the development of the GothicRead MoreFigurative Language and the Canterbury Tales13472 Words à |à 54 Pagesverses together, to make lines more memorable, and for humorous effect. â⬠¢ Already American vessels had been searched, seized, and sunk. -John F. Kennedy â⬠¢ I should like to hear him fly with the high fields/ And wake to the farm forever fled from the childless land. -Dylan Thomas, ââ¬Å"Fern Hillâ⬠3. allusion: A casual reference in literature to a person, place, event, or another passage of literature, often without explicit identification. Allusions can originate in mythology, biblical references
Wednesday, May 6, 2020
Decision Making Across the Organization Free Essays
The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of $3 per unit, and fixed manufacturing costs of $2,508,000. The values for material, labor, and overhead are summed to find the total variable cost of $14. We will write a custom essay sample on Decision Making Across the Organization or any similar topic only for you Order Now The labor intensive values are direct materials at $5.50 per unit, direct labor at $8 per unit, a variable overhead of $4.50 per unit, and fixed manufacturing costs of $1,538,000. The research department of Martinez recommended an introductory price unit sales price of $30. Incremental selling expenses are estimated to be $502,000 annually plus $2 for each unit sold regardless of the method used to manufacture. Capital Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contribution margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $14, for a contribution margin per unit price of $16. The equation for contribution margin ration is Contribution Margin per Unit / Selling Price, or $16/$30, for a contribution margin ratio of 53%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $2,508,000 / $16 = 156750 units as the break-even point. The fixed costs divided by the contribution margin ratio, $2,508,000 / 53% = $4,702,500 break-even point in dollars. Labor Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contributionà margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $18, for a contribution margin per unit price of $12. The equation for contribution margin ratio is Contribution Margin per Unit / Selling Price, or $12/$30, for a contribution margin ratio of 40%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $1,538,000 / $12 = 128,167 units as the break-even point. The fixed costs divided by the contribution margin ratio, $1,538,000 / 40% = $3,845,000 break-even point in dollars. Unit Sales Volume of Indifference The volume of unit sales at which the Martinez Company would be indifferent between the two manufacturing methods is calculated as Sales = Variable Costs + Fixed Costs + Net Income. The value for sales is equivalent to the sales price, $30, multiplied by the number of units sold. Variable costs of $14 for capital intensive and $18 for labor intensive are also multiplied by the number of units sold. Fixed costs were provided at $2,508,000 for capital intensive and $1,538,000 for labor intensive. Net income is assumed to be $0. The equation values for 180,000 units under capital intensive manufacturing and 240,000 under labor intensive manufacturing is the volume of units for each method to equal sales of $2,880,000, the point at which the annual unit sales volume would be indifferent. Conclusion Evaluating the costs of manufacturing help management to make crucial decisions about methods of manufacturing that will result in profit for the business. Evaluating the capital intensive manufacturing method versus the labor intensive method provides the values necessary to make business decisions. The circumstances in which the Martinez Company would employ a capital intensive manufacturing method for the new product, based on the numbers provided in the scenario, would be if the contribution margin and per unit cost were cheaper than the labor intensive values. In this scenario, the labor intensive values offer a smaller break-even point value for units and dollars than the capital intensive method of manufacturing. How to cite Decision Making Across the Organization, Papers Decision Making Across the Organization Free Essays The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of $3 per unit, and fixed manufacturing costs of $2,508,000. The values for material, labor, and overhead are summed to find the total variable cost of $14. We will write a custom essay sample on Decision Making Across the Organization or any similar topic only for you Order Now The labor intensive values are direct materials at $5.50 per unit, direct labor at $8 per unit, a variable overhead of $4. 50 per unit, and fixed manufacturing costs of $1,538,000. The research department of Martinez recommended an introductory price unit sales price of $30. Incremental selling expenses are estimated to be $502,000 annually plus $2 for each unit sold regardless of the method used to manufacture. Capital Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contribution margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $14, for a contribution margin per unit price of $16. The equation for contribution margin ration is Contribution Margin per Unit / Selling Price, or $16/$30, for a contribution margin ratio of 53%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $2,508,000 / $16 = 156750 units as the break-even point. The fixed costs divided by the contribution margin ratio, $2,508,000 / 53% = $4,702,500 break-even point in dollars. Labor Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contribution margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $18, for a contribution margin per unit price of $12. The equation for contribution margin ratio is Contribution Margin per Unit / Selling Price, or $12/$30, for a contribution margin ratio of 40%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $1,538,000 / $12 = 128,167 units as the break-even point. The fixed costs divided by the contribution margin ratio, $1,538,000 / 40% = $3,845,000 break-even point in dollars. Unit Sales Volume of Indifference The volume of unit sales at which the Martinez Company would be indifferent between the two manufacturing methods is calculated as Sales = Variable Costs + Fixed Costs + Net Income. The value for sales is equivalent to the sales price, $30, multiplied by the number of units sold. Variable costs of $14 for capital intensive and $18 for labor intensive are also multiplied by the number of units sold. Fixed costs were provided at $2,508,000 for capital intensive and $1,538,000 for labor intensive. Net income is assumed to be $0. The equation values for 180,000 units under capital intensive manufacturing and 240,000 under labor intensive manufacturing is the volume of units for each method to equal sales of $2,880,000, the point at which the annual unit sales volume would be indifferent. Conclusion Evaluating the costs of manufacturing help management to make crucial decisions about methods of manufacturing that will result in profit for the business. Evaluating the capital intensive manufacturing method versus the labor intensive method provides the values necessary to make business decisions. The circumstances in which the Martinez Company would employ a capital intensive manufacturing method for the new product, based on the numbers provided in the scenario, would be if the contribution margin and per unit cost were cheaper than the labor intensive values. In this scenario, the labor intensive values offer a smaller break-even point value for units and dollars than the capital intensive method of manufacturing. How to cite Decision Making Across the Organization, Papers
Decision Making Across the Organization Free Essays
The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of $3 per unit, and fixed manufacturing costs of $2,508,000. The values for material, labor, and overhead are summed to find the total variable cost of $14. We will write a custom essay sample on Decision Making Across the Organization or any similar topic only for you Order Now The labor intensive values are direct materials at $5.50 per unit, direct labor at $8 per unit, a variable overhead of $4.50 per unit, and fixed manufacturing costs of $1,538,000. The research department of Martinez recommended an introductory price unit sales price of $30. Incremental selling expenses are estimated to be $502,000 annually plus $2 for each unit sold regardless of the method used to manufacture. Capital Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contribution margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $14, for a contribution margin per unit price of $16. The equation for contribution margin ration is Contribution Margin per Unit / Selling Price, or $16/$30, for a contribution margin ratio of 53%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $2,508,000 / $16 = 156750 units as the break-even point. The fixed costs divided by the contribution margin ratio, $2,508,000 / 53% = $4,702,500 break-even point in dollars. Labor Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contributionà margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $18, for a contribution margin per unit price of $12. The equation for contribution margin ratio is Contribution Margin per Unit / Selling Price, or $12/$30, for a contribution margin ratio of 40%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $1,538,000 / $12 = 128,167 units as the break-even point. The fixed costs divided by the contribution margin ratio, $1,538,000 / 40% = $3,845,000 break-even point in dollars. Unit Sales Volume of Indifference The volume of unit sales at which the Martinez Company would be indifferent between the two manufacturing methods is calculated as Sales = Variable Costs + Fixed Costs + Net Income. The value for sales is equivalent to the sales price, $30, multiplied by the number of units sold. Variable costs of $14 for capital intensive and $18 for labor intensive are also multiplied by the number of units sold. Fixed costs were provided at $2,508,000 for capital intensive and $1,538,000 for labor intensive. Net income is assumed to be $0. The equation values for 180,000 units under capital intensive manufacturing and 240,000 under labor intensive manufacturing is the volume of units for each method to equal sales of $2,880,000, the point at which the annual unit sales volume would be indifferent. Conclusion Evaluating the costs of manufacturing help management to make crucial decisions about methods of manufacturing that will result in profit for the business. Evaluating the capital intensive manufacturing method versus the labor intensive method provides the values necessary to make business decisions. The circumstances in which the Martinez Company would employ a capital intensive manufacturing method for the new product, based on the numbers provided in the scenario, would be if the contribution margin and per unit cost were cheaper than the labor intensive values. In this scenario, the labor intensive values offer a smaller break-even point value for units and dollars than the capital intensive method of manufacturing. How to cite Decision Making Across the Organization, Papers Decision Making Across the Organization Free Essays The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of $3 per unit, and fixed manufacturing costs of $2,508,000. The values for material, labor, and overhead are summed to find the total variable cost of $14. We will write a custom essay sample on Decision Making Across the Organization or any similar topic only for you Order Now The labor intensive values are direct materials at $5.50 per unit, direct labor at $8 per unit, a variable overhead of $4. 50 per unit, and fixed manufacturing costs of $1,538,000. The research department of Martinez recommended an introductory price unit sales price of $30. Incremental selling expenses are estimated to be $502,000 annually plus $2 for each unit sold regardless of the method used to manufacture. Capital Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contribution margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $14, for a contribution margin per unit price of $16. The equation for contribution margin ration is Contribution Margin per Unit / Selling Price, or $16/$30, for a contribution margin ratio of 53%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $2,508,000 / $16 = 156750 units as the break-even point. The fixed costs divided by the contribution margin ratio, $2,508,000 / 53% = $4,702,500 break-even point in dollars. Labor Intensive To calculate capital intensive estimated break-even point in annual unit sales of the new product the contribution margin per unit and contribution margin per ratio are necessary. The equation for contribution margin per unit is Selling Price + Variable Cost, or $30 + $18, for a contribution margin per unit price of $12. The equation for contribution margin ratio is Contribution Margin per Unit / Selling Price, or $12/$30, for a contribution margin ratio of 40%. The break-even point in units is calculated by dividing the fixed costs by the contribution margin per unit value, $1,538,000 / $12 = 128,167 units as the break-even point. The fixed costs divided by the contribution margin ratio, $1,538,000 / 40% = $3,845,000 break-even point in dollars. Unit Sales Volume of Indifference The volume of unit sales at which the Martinez Company would be indifferent between the two manufacturing methods is calculated as Sales = Variable Costs + Fixed Costs + Net Income. The value for sales is equivalent to the sales price, $30, multiplied by the number of units sold. Variable costs of $14 for capital intensive and $18 for labor intensive are also multiplied by the number of units sold. Fixed costs were provided at $2,508,000 for capital intensive and $1,538,000 for labor intensive. Net income is assumed to be $0. The equation values for 180,000 units under capital intensive manufacturing and 240,000 under labor intensive manufacturing is the volume of units for each method to equal sales of $2,880,000, the point at which the annual unit sales volume would be indifferent. Conclusion Evaluating the costs of manufacturing help management to make crucial decisions about methods of manufacturing that will result in profit for the business. Evaluating the capital intensive manufacturing method versus the labor intensive method provides the values necessary to make business decisions. The circumstances in which the Martinez Company would employ a capital intensive manufacturing method for the new product, based on the numbers provided in the scenario, would be if the contribution margin and per unit cost were cheaper than the labor intensive values. In this scenario, the labor intensive values offer a smaller break-even point value for units and dollars than the capital intensive method of manufacturing. How to cite Decision Making Across the Organization, Papers
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