School of Mechanical Essay Example

School of Mechanical Essay Example School of Mechanical Essay School of Mechanical Essay School of Mechanical and Building Sciences Term End Examination – Model Question Paper – April / May 2011 B. Tech. Mechanical Engineering VI Semester Course: MEE308 Industrial Engineering and Management Time: Three hours Max. Marks: 100 Part-A (55 = 25 Marks) Answer any FIVE questions 1. Explain the need for sales forecasting. 2. Discuss about various elements of cost. 3. Bring out the importance of industrial engineering in an industry giving suitable examples. 4. Draw the symbols used for different recording techniques and bring out their importance. 5. How the plant layouts are related to type of production? . What are the factors that influence the selection of material handling equipment? 7. Distinguish between job production and mass production. Part-B (515 = 75Marks) Answer any FIVE questions 8. (a) Compare moving average and exponential smoothing forecasting methods. (b) The annual sales (in Lakhs of rupees) of a product for the past eleven years in given below: Year: 1 2 3 4 5 6 7 891011 Sales: 45 43 50 51 62 52 54 64 60 74 71 Using linear regression analysis, forecast the sales for 12th year. 5+10Marks) 9. A medium scale industry incurs the following costs for their products annually. The production volume on an average is 12000 a year. i) Raw material cost including losses due to scrap and wastage (due to rejection) = Rs. 50000 ii) Tool cost = Rs. 4000 iii) Cost of lubricants, cutting fluids, grease etc. = Rs. 2000 iv) Wages to skilled hands engaged on production = Rs. 20000 v) Wages to foremen, other supervisory staff = Rs. 40000 vi) Expenses of office staff (salary, bonus etc. = Rs. 12000 vii) Expenses on sales and distribution agencies = Rs. 8000 viii) Expenses on insurance, lighting etc. = Rs. 4000 Find (a) selling price if 10% is profit on unit cost, (b) direct cost as percent of total cost and (c) indirect cost as percent of total cost. 10. (a) Illustrate different strategies for improving the productivity with examples. (b) Enlist the factors influencing productivity. Explain how each factor will affect productivity. (7 + 8Marks) 11. Describe the steps for doing a method study of job process.Illustrate one of the recording techniques used in the method improvement with a case example. 12. (a) Explain flexible manufacturing system. Its advantages and disadvantages. (b) Discuss the role of material handling systems in improving the productivity of a company. (10+5Marks) 13. Consider the following data on layout planning Area of departments and scale: Department Area (m2) 1. 8000 2. 12000 3. 12000 4. 8000 5. 8000 6. 12000 7. 8000 REL chart: |1 |- | |2 |O |- | |3 |E |U |- | 4 |E |I |U |- | |5 |I |O |A |I |- | |6 |O |U |O |U |A |- | |7 |E | | |1 |2 |3 |4 |5 |6 |7 |8 | |For K product |25 |15 |120 |0 |60 |0 |15 |0 |What should be the size of the orders for item M and when should the orders be released? (5+10Marks) K LT = 2 M(2) LT = 1 R(1) LT = 3 P(2) LT = 4 J LT = 1 M(1) LT = 1

Prince William essays

Prince William essays In this essay, Prince William will be discussed based on information obtained through research on him and his family including general and personal information on him, his schooling and the important influences in his life. Prince William Arthur Phillip Louis Windsor is one of the most known people in the world despite the fact that he is only sixteen. This essay contains general information on Prince William, personal information, Prince Williamss education and his life story obtained from various magazine articles throughout his life. General information will include who Prince William is, where he was born, different forms of his name, and what other monarchists he is related to and how he is related to them. For personal information, Prince Williams physical description, his "likes and dislikes," and his personality will be discussed. His childhood schools will be mentioned and a description of Eton College will be included. The public can often obtain as much information on a famous person's life as they want and because of this abundance of information, Prince William's life will be detailed along with his influences in his life like Princess Diana, Prince Charles, Queen Elizabeth, Prince Henry, and Alexandria "Tiggy" Legge-Bourke. "History-to-History" will include another member of the royal family born in 1066 named William I "the Conqueror," who was as famous during his ruling period as much as Prince William is in the 1990s. This essay will cover the above topics. Prince William of Whales is second in line of inheritance to the British throne after Prince Charles of Whales, who is first. He was born June 21, 1982 at 9:03 p.m. weighing seven pounds, ten ounces at Saint Mary's Hospital in Paddington, London after his mother endured seventeen hours of labor. When he was born, his father, Prince Charles said "Nearly seventeen hours is a long time to wait ... Obviously, I am relieve...

How might performance-related pay (PRP) improve performance Are there Essay

How might performance-related pay (PRP) improve performance Are there other forms of financial incentive that could be better suited to the task - Essay Example Thus, need to identify measures that significantly impact the performance of the workforce has become intrinsic to the success of the firms. The paper would focus on the issues vis-Ã  -vis financial incentives that considerably impact the employees’ performance. Human resource is central to the organizational visions and goals and HR leadership initiatives become crucial factor for creating and organizing an effective workforce that is able to make valuable contribution to the increased output and improved performance outcome of the organizational. Hence, HR strategy needs to be redefined as globalization has ushered in a huge database of human capital whose potential needs to be exploited to realize one’s own vision and mission (Taylor, 2008). The challenges of multicultural fabric of society are myriad. Now, the workforce must be looked upon as resource that can be tapped to improve and improvise the performance of the organization in the fiercely competitive business setting. HR leaders need to be aware that the traditional process of labour deployment is undergoing a fast transformation, both in terms of quality and quantity. Scholars assert that information technology and new media of communication channels in the past decade and a half have ushered in radical new forms of processes (Freeman and Perez 1988, Best 1990). The rapidly changing models of work environment has made it imperative for the employees and the job aspirants alike, to keep themselves updated with the knowledge and use of all the latest gadgets and processes which are increasingly replacing the older model of office efficiencies. The innovative measures that link pay to the performance and other such incentive driven tools have increasingly being adopted by the organizational leadership. Bloisi (2007) emphasizes that performance management primarily defines the process through which the managers ensure that employees’ output is at par with that of

Motivation and Work Design Essay Example | Topics and Well Written Essays - 2000 words - 1

Motivation and Work Design - Essay Example This paper discusses the motivators’ significance and outline ways by which employers can design job roles to take account of individual motivations. Many motivational theories exist that offer bases for understanding effects of motivational factors and strategies for moderating the effects as well as ways for monitoring effects of the factors. Theory X and theory Y, as McGregor offers, is one of such theories. The theory establishes assumptions on human behavior to develop a framework for understanding people in a work environment and to influence actions and behavior of the people towards desired outcomes. Theory X assumes that people are not willing to conform to expectations and calls for managers and organizations’ control of people for achievement of objectives. It therefore suggests guidelines that can be attained through push factors such as punitive measures for failure to comply. Theory Y however argues for responsible behavior and actions in which people can align themselves to set goals in their organizations and work towards realization of the goals (Saiyadain 2009, p. 167). According to Theory X, people do not like work and this means that external influence is necessary to influence completion of desired works. The theory also assumes that people are less ambitious and do not like responsibilities. Instead, they prefer to work under control. In addition, people lack creativity into completing tasks and generating solutions into problems to support the postulate of necessity of external influence. In recognition of Maslow’s hierarchy of needs theory, Theory X assumes that people are motivated at â€Å"physiological and safety levels† (Saiyadain 2009, p. 167). Intimidation is further necessary on people in order to ensure achievement or objectives. A consideration of Theory Y assumptions however recognizes people’s willingness to work provided that suitable conditions exist. Contrary to external pressure to influencing organizational

Iphone Marketing strategy Essay Example for Free

Iphone Marketing strategy Essay Since its launch, in 2007, and until the end of 2013, Apple sold 500 million iPhones. Its an impressive number. in 2012 alone, Apple sold 120 million iPhones, in 2013 Apple sold 160 million iPhones. Without a doubt, the iPhone has become a cult product, a must have device. Which are the secrets behind the iPhone astounding success? To understand the spectacular iPhone success, and the iPhone phenomenon, we need to start by analyzing the cellular telephone market in the years immediately before the launch of the first iPhone, And the situation inside Apple. Before the iPhone launch, infact, Apple was not a cellular telephone manufacturer, and had zero experience in cellular telephones marketing.  Its only expertise was in computer hardware, computer software, and in portable music devices (the iPod). In 2005-2006, the cellular telephone market was considered a mature and saturated market, with narrow margins, dominated by Nokia and Motorola. And by the Blackberry in the high end, especially in the business and corporate world, which were needing email writing, sending and receiving capability on their cellphone, with a suitable keyboard for texting messages. A mature and saturated market with a fiery competition, such as the cellphone market in 2005-2006, was allowing narrow margins, therefore was unanimously considered unappealing by financial and business analysts. When rumours came out, in 2005-2006, that Apple was in the process of developing a cellular telephone, financial and business analysts were at best skeptical.   To be true, the consensus among financial analysts was that the Apple cellphone would have been a terrible flop. Some of them were privately saying that they were suspecting Apple executives had gone completely mad, to enter such a saturated and non-profitable market. Very few, among the business analysts, had the more objective attitude to just wait and see.  Then, the day came, and the iPhone was launched.  But Apple began with 3 huge, terrible mistakes. We expand on them onwards. When the iPhone was launched, in June 2007, it made an impact. It impressed. The touch user interface and the sleek and beautiful design by Jonathan Ive and his team made it a masterpiece of technology and design. The iPhone was decidedly a superior product.  had a host of pluses against the competition (Nokia, Motorola, Blackberry) It was a highly innovative product, a different product from the other cellphones on the market at the time. Moreover, it was significantly larger and bulkier than the other cellular telephones in the market, when the market trend, for years, had been to have smaller and smaller cellphones: the smaller cellphone you had, the cooler you were. The Apple iPhone went decidedly against the trend. Today, in 2013, with 500 million iPhones sold, and with Apple stock market capitalization at $500 billion, it is easy to affirm that the iPhone has been a game changer. It surely has. Ultimately, today we can affirm that the appearance of the iPhone on the market caused the death of the Blackberry, and the loss by Nokia and Motorola of their previously dominant position in the cellular telephone market. The reason is simple: The iPhone is a clearly superior product. Its touch control features, and its enticing user interface, made the iPhone become a cult product. But in 2005-2006, before it came out, things were different. And the perception was different when the iPhone first came out. No-one, in 2006, would have imagined that an Apple cellphone would have sold 500 million units in 6 years.. No-one would have thought this even in June 2007, when it was launched. The first generation iPhone was launched only in the US on June 29, 2007. It was subsequently launched in three more markets UK, Germany and France 5 months later, in November 2007. In July 2008 the second generation iPhone, the iPhone 3G, was launched at the same time in the US, Canada, UK, Germany, France,Switzerland, Austria, Ireland, Denmark, Norway, Sweden, Finland, Italy, Spain, Netherlands, Belgium, Australia, New Zealand, Japan, Mexico and Brasil. The third generation iPhone, the iPhone 3GS, was launched in June 2009. Each iPhone generation had more features that the previous generation, and had longer battery life, and rendered the previous generation iPhones obsolete. The fourth generation iPhone, the iPhone 4, was launched in June 2010. The iPhone 4S was launched in October 2011. The iPhone 5 was launched in September 2012. The iPhone 5C and 5S were launched in September 2013. Planned Obsolescence has been a conscious marketing strategy by Apple. Thus, any Apple costumers knows (or pretend not to know) that he buys a product that in 12 months will become old and obsolete. However, examining the sales data, this planned obsolescence strategy paid off for Apple, But which were the 3 serious marketing strategy mistakes that Apple made when it launched the iPhone? The 3 Mistakes that Apple made when it launched the iPhone. Mistake #1. To purchase an iPhone, you had to sign a 24 months contract with ATT. You had to marry ATT. And many potential costumers did not want this marriage. you were locked on a 24 months contract with ATT. An expensive contract. In the end, if you were wanting to buy an iPhone, its real cost was more than 2000 dollars. Why forcing your costumers to sign a contract with a service provider? And why a single provider, not giving any other choice? Why not letting your costumers simply buy an iPhone, and let them free to arrange a contract as they please? Infact, there were numerous complaints by iPhone costumers and potential costumers, on this issue. Even, a widespread hacking practice took place, significantly called jailbreak: on several websites appeared step by step instructions on how to hack the iPhone software to let it operate with a different service provider. Infact, 3.3 million iPhones were sold in the US between June andl December 2007, but only 2 million contracts were signed with ATT. Were did the remaining 1.3 million iPhones go? It has to be remarked that the iPhone jailbreak practice infurated Apple executives, who, instead of recognized their marketing strategy mistake, criminalized the jailbreaking behaviour, to the point of blackmailing costumers doing the jailbraking. Mistake #2. On June 29, 2007 the iPhone was launched in the US. It was put on sale only in the US, and in no other nation in the world. Only in November 2007, 5 months later, the iPhone was launched in a few other countries. To be precise, it was launched in just 3 other countries: UK, Germany and France. In each of these countries with the same silly formula that Apple used in the US, forcing the costumer to sign a 24 months contract with a service provider. and in each country with a different provider: O2 in the UK, T-Mobile in Germany, Orange in France. This was a bad marketing choice by Apple.  There were millions of potential costumers all around the world who were wanting to buy an iPhone, but couldnt, because in their own country it was not on sale.  Many of them went to such length to ask to their friends in the US or traveling to the US to buy one for them. Finally, only on July 11, 2008, one full year after the initial launch in the US, the iPhone was put on sale in other countries, in Europe: Italy, Spain, Switzerland, Austria, Ireland, Denmark, Norway, Sweden, Finland, Netherlands, Belgium;  and in Australia, New Zealand, Canada, Japan, Mexico, Brasil. It was already the 3rd generation iPhone, the iPhone 3G and 3GS. Why so late? Besides, it is interesting to verify the jam and confusion of different prices, terms and monthly fees charged by the service providers in the European countries: O2 in the UK, T-Mobile in Germany, Austria and Netherlands, Orange in France, Swisscom in Switzerland, Vodafone in Italy, Telia Sonera in Denmark, Norway, Sweden, Finland. It was the perfect formula to confuse potential iPhone costumers and push them away. A self-hammering marketing strategy by Apple. In our opinion, this was a totally wrong marketing strategy by Apple. Infact, numbers do not lie: from July 2008 until the end of 2013, Apple sold a total of 500 million iPhones. From June 2007 until December 2007 when the iPhone was available only in US only 3.3 million iPhones had been sold. Mistake #3 iPhone Pricing. On June 29, 2007, when the iPhone was launched in the US, its retail price was.$599. Just 3 months after, Apple reduce the iPhone price to $399 a 33% rebate . This was an unelegant way to betray and exploit the iPhone early adopters Apple most faithful costumers. And infact, many of them complained with Apple. A smart and attentive company must not indulge in such serious mistakes, betraying their most faithful customer base. Apple had other 3 better options: Apple could have waited 1 year before reducing the price of the iPhone, or: Apple could have delayed the iPhone launch for 3 months, or: Apple could have set the iPhone retail price at $399, since the initial launch. Besides, in July 2008, the iPhone 3G was sold at $199, 66% less than the launch price of just one year earlier. This is not a serious pricing policy. Consideration. Each of these 3 mistakes constituted a bottleneck factor which confused costumers, and seriously hampered the iPhone sales potential in the first year and a half. However, in the following years Apple corrected and amended these mistakes, and things went smoothly and successfully for the company. Infact, from 2008 until 2013, Apple sold 500 million units. in 2012 alone, Apple sold 120 million iPhones, in 2013 Apple sold 120 million iPhones. The iPhone was also a precursor product of the iPad. The iPad, infact, has numerous features and technologies which derive from the iPhone, the main one being the touch control system and the user interface. The iPad, infact, is a sort of big brother of the iPhone. The iPhone certainly has been the key product of the spectacular growth of Apple revenues today at $156 billion in 1 year -, of Apple profits, and stock market capitalization today at $500 billion, making Apple the #1 company in Wall St. See more at: http://www.vertygoteam.com/apple/iphone_marketing_strategy.php#sthash.YDqfyvTj.dpuf

Orion Nebula :: Essays Papers

Orion Nebula The Orion Nebula contains one of the brightest star clusters in the night sky. With a magnitude of 4, this nebula is easily visible from the Northern Hemisphere during the winter months. It is surprising, therefore, that this region was not documented until 1610 by a French lawyer named Nicholas-Claude Fabri de Peiresc. On March 4, 1769, Charles Messier inducted the Orion Nebula, M42, into his list of stellar objects. Then, in 1771, Messier released his list of objects for its first publication in Memoires de l’Academie.1 The Orion Nebula is one of the closest stellar regions to the Earth. Using parallax measurements, it has been estimated that this nebula is only 1,500 light years away. In addition, the Orion Nebula is a relatively young star cluster, with an approximate age of less than one million years. It has even been speculated that some of the younger stars within the cluster are only 300,000 years old. The Orion Nebula is an emission nebula because of the O-type and B-type stars contained within it. These high-temperature stars emit ultraviolet (UV) light that ionizes the surrounding hydrogen atoms into protons (H+) and electrons (e-). When the protons and electrons recombine, the electrons enter a higher energy level (n=3). Then, when the electron drops from the n=3 level to the n=2 level, an Hï  ¡Ã¯â‚¬  photon is emitted. 2 This photon has a wavelength of 6563 Ã…, and therefore corresponds to the red portion of the visible spectrum. It is these Hï  ¡ photons which give the nebula the distinctive red color which we see. The extreme brightness of the O-type and B-type stars, coupled with the Earth’s atmosphere, has always made high-resolution imaging of the star-forming region difficult. But recent advances in adaptive optics and the repair of the Hubble Space Telescope have allowed for incredible detail into the center of the dust cloud. 3 The technological advances have also helped reveal several faint stars within the center of the nebula. The Orion Nebula is a spectacular sight. Consequently, it has been a preferred target of the Hubble Space Telescope (HST) over recent years. The HST has provided a great deal of insight into the complicated process of star formation. In June of 1994, C.

Ben&Jerry Business Problems

As Bob the new CEO of Ben & Jerry’s, we believe that the following factors currently pose the most critical problem to the firm. Firstly, our internal x-factors namely manufacturing, inventory management, research and product development are in dire need of improvement. Currently, Ben & Jerry’s is highly dependent on Dreyer’s for production of its ice cream; up to 40% of Ben & Jerry’s total ice cream is produced by Dreyer’s. Ben & Jerry’s high dependency on Dreyer’s hasn’t been solved due to its inability to open and operate its third factory in St.  Albans, Vermont.This was due to the lack of understanding of the complex automated manufacturing systems which led to the adoption of simpler proven processes. Bob was hired to solve this problem due to my expertise in manufacturing and distribution in the food industry, even though his work experience in several aggressive management style corporations remain a concern due to the fact that ben&jerry’s is one of the most famous conservative social enterprise.However, this social enterprise was being criticized for corporate activities from damaging tribal cultures till other smaller issue, these issues could damage the brand reputation and sales further in the future. There are also several other x-factors apart from manufacturing which must also be solved. In my perspective, the firm’s R&D department is in need of improvement as the firm currently relies solely on the founder’s ideas and tastes, neglecting altogether the formal market research on the development of new flavors. This has led to problems of shortages and overstocks of particular flavors.Another serious problem within the firm is the 7:1 ratio, causing the firm to fail in attracting competent professionals and incentivizing mid-level employees from working hard and earning a promotion. The number one external problem facing the firm is the naturally slow growth in this hig her competition industry and the shifting demand within the super-premium ice cream segment towards the premium ice cream and frozen yoghurt segment. From the figures in exhibit 4, the frozen yogurt per production increased approximately 73% from 1. 34 in 1989 to 2. 32 quarts in 1994.We can clearly see that this increase in production has been primarily to meet the growing demands of more health-conscious consumers. The effect of more value-conscious consumers can also be seen in the shifting demand from the super-premium ice cream segment to the premium ice cream segment. Therefore we believe that we should merge or takeover a key player in the premium ice cream segment in order to enter the growing premium market, as seen in exhibit 6, and better utilize our existing cash and assets which has been unproductive for the past several years, as seen in exhibit 2.Moreover, this will help us in dealing with the possible threat of Unilever buying Haagen-Dazs in an attempt to dominate the ice cream market. If this deal happens to go through, Haagen-Dazs will exceed us in every aspect including channels of distribution, marketing, and operations. Therefore, we believe that negotiations with Unilever are crucial at this moment in time. The higher competition has induced firms to advertise more, thus eating a substantial portion of the profits.In 1994, we spent $6 million on advertising alone, causing expenses to jump significantly resulting in a net loss for the first time in the firm’s history. If the competition wasn’t so high and we didn’t have to spend $6 million on ads, our firm would still have been able to absorb the cost of the write off without incurring a net loss. The higher competition in recent years causes the profit margin in the industry to fall with merging or taking over will improve our company reduce our operating costs, thus, higher profit margin.