Industrial Grinders Essay Example for Free

Industrial Grinders Essay With the introduction of less costly plastic rings by company, Henri Poulenc, Industrial Grinders is faced with a decision of a total changeover from steel rings to plastic rings for their machines that would also fit similar machines manufactured by other companies. Henri Poulenc has introduced the less expensive plastic rings in a small market affecting 10% of Industrial Grinders’ sales . Industrial Grinders believes the market will eventually change-over to all plastic rings. Industrial Grinders must decide a timeline for changing production. It is estimated that production could begin by mid-September. With raw steel and steel rings already in inventory, IG must sell-off existing inventory before changing total production to all plastic rings. a. Plastic Rings versus Steel Rings Steel rings last approximately 2 months Plastic rings last approximately 8 months 100 steel rings cost $263.85 to produce 100 plastic rings cost $66.60 to produce At a weekly profit/Loss, Net income for 690 steel units would be $390.00 At a weekly profit/Loss, Net income for 172.5 plastic units would be $437.80 If sales continue at 690 units per week from May to mid-September, 10,350  units will have been sold, leaving 15,100 steel rings in inventory at a cost value of $39,713. This would require approximately 22 more weeks of sales to deplete inventory. As steel rings will last for two months, the sale of existing steel rings will have a faster turn- around time for continued depletion of stock. Knowing that Henri Poulenc is affecting sales in only a small portion of Industrial Grinders’ territory, retooling for plastics should also begin while steel rings are being phased out. Industrial Grinders can continue to charge the same amount, or more, for its plastic rings, as Henry Poulenc has set the standard in pricing. During the upcoming slack period, the company will employ workers at 70% of regular wages to finish all steel production, while full-time staff completes retooling on available machines. Examine alternative theories, assumptions and ideas: a. Rings account for a substantial portion of Industrial Grinder’s revenue. b. Plastic rings, sold by Henry Poulenc, are sold for at least the same amount as Industrial Grinder’s steel rings. c. Only 10% of Industrial Grinder’s market is affected by Henry Poulenc. d. Henry Poulenc is the only company producing plastic rings. e. Shipping weight for plastic rings is less than steel rings. f. As plastic ring use spreads, the customer will demand the longer lasting plastic ring. g. Steel ring production will be phased out due to market demand for plastic rings. As the future production of rings within the industry will undoubtedly change from steel to plastic, Industrial Grinders must take swift action to keep up with industry changes and customer needs – jumping ahead of further competition. However, taking into consideration the 8 month life of plastic rings and their lower production cost as opposed to the 2 month life of steel rings at a higher production cost, sales must increase to sustain the higher profit margin of plastic rings. Determine the appropriate actions, alternatives or conclusions for the case: Industrial Grinders should change to plastic ring production. As plastic rings have been introduced by competitor, Henry Poulenc, rings with a longer life will be in increasing demand by customers. Industrial Grinders must forge ahead and heavily market the plastic rings as a better product for their customers. The plastic rings are less expensive to make, less costly to ship but have a longer life on machines. Although some revenue will be lost due to the longer life of plastic, Industrial Grinders will recoup losses with added sales. 2. Inventory Analyzing the cause of the problem or situation A changeover to plastic rings poses a problem for Industrial Grinders. Its inventory of special steel and inventory of produced steel rings must be dealt with before or during the production of plastic rings. a. Raw Steel The raw steel inventory cost value is $26,444. The steel cannot be sold to another party and will have to be used or counted as a loss to the company. b. Steel Rings The steel ring inventory cost value is $67,149. These rings could be sold within the existing market.The total cost of raw steel and steel rings inventory exceeds $93,000.00. The decision whether to use all raw steel and sell all existing steel rings becomes a major concern within Industrial Grinder’s management. Examine alternative theories, assumptions and ideas: a. Industrial Grinders wants to change from steel rings to more cost effective plastic rings. b. Management does not want to absorb the cost of unused inventory. c. Not all management agrees on use of raw steel inventory. d. The introduction of plastic rings will spread throughout the industry. e. Industrial Grinders could produce steel rings while retooling some machines for plastic production. f. Industrial Grinders could sell existing steel rings and take a loss on raw steel. Determine the appropriate actions, alternatives or conclusions for the case: Industrial Grinders is faced with a financial decision regarding disposition  of current inventory. Believing that the future lies with the more cost effective plastic rings, IG should continue to sell existing steel ring inventory while producing further steel rings, using the raw steel inventory on hand. The plant down time could use excess labor to deplete the raw steel. During this period, retooling could also occur and plastic ring production would begin. The machining changeover would be possible with a minimal cost of $1800.With Henry Poulenc affecting only 10% of IG sales, Industrial Grinders should deplete stock and introduce plastic rings. 3. Management Concerns Analyzing the cause or problem of the situation: Within management, it is agreed that plastic rings should be produced. However, the disposition of inventory on hand is not agreed upon between sales management / engineering and plant management/ parent company management. a. Sales Manager, Harry Greiner, believes inventory could be counted as a loss. Plastic production should begin and steel rings should no longer be sold. Selling both steel and plastic would be cause for market retaliation. b. Development Engineer , Anders Ericsson, is concerned about inventory not being depleted by plastic ring production in September. c. German Plant General Manager, Lawrence Bridgeman, is concerned about inventory. He believes, at the onset, that plastic rings should only be sold in markets affected by Henry Poulenc. d. Parent Company Head, Hein Van Boetzalaer, agrees to plastic rings but states that IG must use inventory. Examine alternative theories, assumptions and ideas: a. All but the Sales Manager are concerned about inventory cost. b. Selling plastic rings within some markets may cause steel ring sales to slump when other customers learn of the plastic rings and their longer life. c. The raw inventory could be in production during plant down time. d. The existing steel rings could be sold while the raw steel could be accepted as a loss. e. Henry Poulenc is the only company producing plastic rings. f. IG has time within the industry to sell all existing inventory while retooling for immediate production of plastic rings. Determine the appropriate actions, alternatives or conclusions for the case: Industrial Grinders upper management should implement the course of using and selling the existing inventory while retooling for plastic rings. Although sales and engineering opinions are taken into account, the idea of taking a loss for inventory on hand is unacceptable in IG’s current position. Henry Poulenc only affects 10% of IG’s current market. Upper management must make the decision on the company’s future operations. It is not proven that IG’s total market must immediately receive plastic rings. Depleting inventory, while offering plastic rings in the affected market , is an acceptable alternative. Depleting inventory first, then changing to all plastic rings is also an acceptable alternative. However, the parent company must decide the fate of inventory and future plastic production.

The Yellow Wallpaper and The Cask Of Amontillado -- Yellow Wallpaper C

The Yellow Wallpaper and The Cask Of Amontillado  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      The short story, " The Yellow Wallpaper", written by Charlotte Gilman, and "The Cask of Amontillado" written by Edgar Allan Poe, are stories in which the plots are very different, but share similar qualities with the elements in the story. "The Cask of Amontillado" is a powerful tale of revenge, in which the narrator of the tale pledges revenge upon Fortunato for an insult. "The Yellow Wallpaper" is a story about a woman, her psychological difficulties and her husband's therapeutic treatment of her illness. She struggles over her illness, and battle's her controlling husband. The settings in both stories are very important, they influence the characters, and help with the development of the plot.   In "The Yellow Wallpaper" the setting helps define the action as well as to explain characters behaviors. The setting is which the story takes place is in the narrators room, where she is severally ill, and she is "locked up" in the room which served as her cage. The room in which the narrator is caged in is a nursery, "it is a big, airy room, the whole floor nearly, with windows that look all ways. The paint and paper look as if a boys' school had used it." The narrator describes the color of the walls as repellent, almost revolting, it is an unclear yellow with a dull orange. The condition that the narrator is in, the repulsiveness of the room, and the room haunting her, drives her into insanity.   "The Cask of Amontillado" takes place in an appropriate setting, not only is the setting underground, but also in the blackness of the night. The story begins around dusk, one evening during the carnival season in a European city. The location quickly change... ...he wall, he thinks about his rejected opportunities and his unbearable regret. As he sobers with terror, the final blow will come from the realization that his life is ending in his catacombs dying with his finest wine. The catacombs, in which he dies, set the theme, and relate well with the story. Without the yellow wallpaper in the short story, the significance of the wallpaper would not mater, nor would it set the theme or plot. At night the wallpaper becomes bars, and the wallpaper lets her see herself as a women and her desire to free herself. She needs to free herself from the difficulties of her husband, and from her sickness. The settings in both, set up the elements of the stories and ads to the effect in both of the short stories.   Bibliography Branson, Leigh W. Edgar Allen Poe's Literary Neighborhood, 17 Mar. 1997 *htt://www.geocities.com/Athens

Discuss Dicken’s portrayal Essay

Charles Dickens wrote Great Expectations in 1860. He wrote it about attitudes in Victorian England, towards children especially. Children were highly disciplined, and the main character in Great Expectations, Pip, was a typical example of a child of this time. Society in England at this time was built into two main classes- upper and lower. The middle class society, that is most common today, was just beginning to break through. Pip and his family, consisting of his sister, Mrs Joe Gargery, and her husband, Mr Joe Gargery, were a typical lower class family. They had a very normal lifestyle, with little or no education, a small house, with very little money, and a simple life. Great Expectations was set in Southern England, in the ‘marsh country, within, as the river wound, twenty miles from the sea. ‘ From this sentence, you can begin to build up a picture of Pip’s surroundings. Dickens uses harsh adjectives, such as ‘bleak, dismal, dark and savage’ to describe Pip’s world. By doing this, we get a real picture of how Pip lives. In a way, Dickens uses the environment around Pip, and compares it to Pip’s life. This brings me onto my next point. Pip must have had a very lonely childhood. His mother, father, and five brothers all died, and his sister, Mrs Joe, has unwillingly bought him up. She makes it blatantly obvious she doesn’t want him throughout his life, by making certain comments. â€Å"I may truly say I’ve never had this apron of mine off me, since born you were. It’s bas enough to be a blacksmith’s wife (and him being a Gargery) without being your mother. † Pip’s only friend is Biddy, and he also has a strong bond with Mr. Joe. Both him and Mr Joe are ‘fellow sufferers’ of Mrs. Joe’s strict ways, and this brings them closer together. They can confide in each other, and Joe is like Pip’s mentor. â€Å"Ever the best of friends, a’nt us, Pip? † Despite Mrs. Joe’s image of being harsh, a very, very independent, it is obvious she could not live without Mr. Joe, because, as with all households at this time, he is the ‘breadwinner’ and as she does not work, she could not survive without him. Pip is a very innocent, nai ve young boy. He does not understand things that happen in his life, he simply accepts them. Why Mrs Joe uses the ‘tickler’ on him, he does not know. When the reader gets to the part about the convict and the ‘hulks’, he doesn’t know why people are locked up, and cannot see the bad side of people. He fears Mrs.Joe, but he knows without her he would be dead, and she makes a point of telling him this. â€Å"If it warn’t for me you’d have been to the churchyard long ago, and stayed there. † When Pip meets the convict, he is understandably terrified. He immediately intimidates Pip, but although Pip is scared, he still treats him with respect, and calls him ‘sir. ‘ The convict threatens Pip, but still Pip is polite. † If you would kindly please to let me keep upright, sir, perhaps I shouldn’t be sick, and perhaps I could attend more. † This gives the reader the impression that Pip is very polite, and respectful to everyone, and he hides his feelings. For example, on Christmas day, when Mr Wopsle and uncle Pumblechook are saying how ungrateful he is, he does not retaliate and simply bites his tongue, because he does not want to be disrespectful to his elders. I think that this is the way Dickens wanted to portray Pip, so we would believe what Pip is saying, and see him as being innocent, and not really capable of lying to us. Pip and the convict can be seen as fairly similar, in a strange way. Once the convict learns of Pip’s background he begins to feel sorry for him, and I think that Pip feels sorry for the convict, because of his situation. It is also obvious that the convict trusts Pip, because he sends him for food, even when he knows Pip could easily tell on him, and he could get recaptured and sent back to the prison ship. Pip doesn’t tell on him, however, and returns with food. When the convict is finally recaptured, he makes up a story about breaking into the forge, and stealing the food, and he does not say Pip stole the food for him. Although the meetings between the two were short, they developed an understanding, and trusted each other. The way Dickens portrays the convict and Pip’s ‘friendship’ gives us an idea as to how trusting Pip is, and his kind nature and personality. â€Å"Something clicked in his throat, , as if he had works in him like a clock, and was going to strike. Then he smeared his ragged rough sleeve over his eyes. † â€Å"The something that I had noticed before, clicked in the man’s throat again, and he turned his back. † I think this ‘click’ Pip refers is the convict having a lump in his throat, and showing emotion, and the click is him swallowing this lump. This shows that although the convict could be dangerous, he has emotions, and Pip can tap into this emotion. As the novel develops, Miss Haversham and Estella are introduced. Mrs. Joe is very pleased when Pip is given the chance to go to Miss Haversham’s house and play. She believes it will give him the chance to become a ‘gentleman’ and make something of his life. â€Å"If this boy an’t grateful this night, he never will be! † Pip goes off to Miss Haversham’s, and although the house in which she lives in decrepit, and in a very bad state, he is very impressed because it is so large, and unlike what he is used to. He is continually polite, even when Estella is rude to him. † ‘He calls the knaves, Jacks, this boy! Said Estella with disdain, before our first game was out. ‘And what coarse hands he has! And what thick boots! † She patronises him, and it dents Pip’s confidence, and he begins to feel he is not good enough for anything. This makes him insecure, and he wants to go home. Dickens makes the reader see his insecurity by saying â€Å"Her contempt was so strong, that it became infectious, and I caught it. † This makes the reader see that before the meeting, Pip is fairly content with himself, and his life, be it a lonely one, but after Estella’s comments he realises he is not as good as her, and he probably will never make anything of his life. When he realises this, you can gradually see his ambitions growing, and whereas before he was perfectly happy to become Joe’s apprentice, he knows he won’t be happy, and wants to become someone who is respected. To sum all of this up, Pip is disciplined, and fearful of certain things. He can be intimated easily, but is still respectful. He has ambitions, and plans to make something of his life, but he is also insecure about his background, and whether he has the strength of character to pull himself out of the lower class society. He is very innocent, and gets bewildered easily. Dickens shows all of this by making Pip seem a lonely young boy, with no real family or friends, and he uses imagery to portray this. We watch Pip grow up, and learn about life, and try to make sense of things that are happening around him. Dickens makes the reader feel sorry for Pip, and lets us see we can trust Pip, because he himself trusts everyone and does not doubt anyone. We can read this book and see life through a nai ve young boys eyes, and feel we are being told the absolute truth. This is the power of Dickens’ writing- we believe the protagonist, and feel it would wrong not to believe him.

Research Paper Content Analysis of Nine Creative Concepts...

1 MAIN ISSUE This research is a quantitative, cross-sectional, exploratory and descriptive content analysis of selected advertisements from two different magazines published in August 2012 using the nine different creative concepts as main emphasis. 2 RESEARCH CRITERIA The main research problem deals with the use of creative concepts in advertisements which is a mass media issue and therefore contributes to the existing knowledge in communication studies. The issue is also of interest to the researcher as a media studies student. The main issue is researchable because it can be resolved by the collection of evidence. The research is feasible as the magazines relating to the problem area of the research are within the means of the†¦show more content†¦For example, one theoretical assumption of the research is that one particular creative concept is found in all advertisements and the minor premise of the research is that branding is found in all advertisements, therefore branding is a creative concept found in all advertisements. SELF-EVALUATION AND SELF-REFLECTION †¢ The knowledge that one has gained after doing this task is an understanding of how advertisements are created and with what intentions. †¢ The skill and the abilities one have accomplished is that of being a critical consumer of media texts more especially advertisements texts. †¢ The strength that one will be able to apply in future life is that of being able to distinguish between emotional and factual appeals in advertisements. That strength will come handy in this world where advertisements have become part of one’s everyday’s life. †¢ The shortcoming that one needs to address in future is that of being objective in future interactions with media texts †¢ One has learnt the basic quantitative content analysis research techniques and methods, for instance the content analysis of selected advertisements found in two selected magazines. SOURCES CONSULTED Du Plooy, GM. 2009. Communication research: techniques, methods and applications. 2nd Edition. Wetton, Cape Town: Juta. Du Plooy, T. 2001. 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