Thursday, January 30, 2020
British Airways Marketing Report Essay Example for Free
British Airways Marketing Report Essay Current share price is 225 with a range of between 224 and 289. Marketing is ââ¬Ëthe management process responsible for identifying, anticipating and satisfying customer requirements profitably. ââ¬â¢ BA used to operate in an oligopoly market however throughout the last century this has changed. Previously it was only large national companies that had enough money to provide flights however nowadays the market operates in perfect competition with high barriers to entry. BA can use marketing to promote their product, drive market share, anticipate customer requirements, satisfy customer needs and ultimately make a profit. The Marketing Mix The marketing mix is a combination of 4 Pââ¬â¢s (product, price, place and promotion) that should be used in conjunction with each other to ensure a competitive edge over other companies. ââ¬ËThe marketing mix is designed to produce mutually satisfying exchanges with a target marketââ¬â¢. Product BAââ¬â¢s product in essence relates to the flights offered. However, the product can be drilled down into specific areas ranging from the airport lounges around the world, the ââ¬Ëextrasââ¬â¢ that you can buy on board such as model BA aeroplanes or even package holidays. Each of these has been specifically tailored to meet customer expectations (which are highlighted in the section of the report titled ââ¬Ëtarget marketââ¬â¢). This part of the marketing mix focuses on how BAââ¬â¢s products are managed and in the Guardian case study article titled ââ¬ËBA, Iberia and American Airlines tie-up heralds new era of transatlantic travelââ¬â¢ dated 06/10/2010 it shows how BA have made an executive decision to link their websites with other companies to have the possibility to offer a higher number of routes (products) to their potential customers. Price Price is simply ââ¬Ëthe amount of money customers must pay to obtain a productââ¬â¢. BAââ¬â¢s price is generally higher than their competitors although this is because they believe they are offering higher quality. However, in recent times BA appear to be losing the price war against low cost budget competitors such as Ryanair and Easyjet. Following this, BA have undergone marketing strategies to reduce their price and carry out ââ¬Ësale discountedââ¬â¢ periods. BA demand immediate payment for their products, do not give credit terms or allowances. Promotion In the early days when BA was a nationalised company and the market was an oligopoly, they didnââ¬â¢t have to promote as much, as competition was minimal. However, with the growth of new players in the market BA have resulted to advertising in the following areas: tube stations (especially the Jubilee Line going towards Canary Wharf to target higher earners), newspapers (such as the Financial Times and Sunday broadsheets), airports (mainly in Heathrow and Gatwick ââ¬â their primary hubs) and adverts between TV programmes, starting from September 2009 ââ¬â such as the News, Politics programmes and factual documentaries. BA also use personal advertising techniques with their advert: ââ¬ËCome together itââ¬â¢s Christmasââ¬â¢. This uses emotional targeting to encourage people to buy their product to visit loved ones during this period. See Appendix 2. Place Currently BA do not operate from London Stanstead however a marketing decision could be taken to include this to their portfolio. This would give them a higher percentage of UK airport utilisation however a cost benefit analysis could prove this move to be not so advantageous. BA have recently ââ¬Ëtaken onââ¬â¢ Easyjet and are now offering a Gatwick-Marrakech route at discount prices. This gives customers higher choice and allows BA to remain competitive and attempt at satisfying the needs of those who want to pay less. Once BA have exhausted the 4 Pââ¬â¢s, a S. W. O. T. Analysis will be completed to determine and examine internal strengths and weaknesses and, external opportunities and threats. S. W. O. T. Analysis Strengths The case study website article on ââ¬ËThis is Moneyââ¬â¢ dated 24/01/2011 undoubtedly highlights one of the major strengths carrying BA at present. The merger between BA and Iberia has strengthened its financial position and is a step closer to ââ¬Ëcreating a multinational multi-brand airlines groupââ¬â¢. BA take pride in their strong brand, high quality service and offer prestigious first class airport lounges to ensure that their customers are taken care of to the standard they expect for the prices they are paying. This is what has allowed BA to charge higher fares and gives them the image that higher class passengers are willing to pay for. By linking themselves to fellow competitors (American Airlines) and strengthening their position by joining the One World syndicate, BA have encouraged higher revenues from this tactical decision. Following the strong decline throughout the global recession, BAââ¬â¢s strength is ââ¬Ëbouncing backââ¬â¢ according to the BBC News Article ââ¬ËBritish Airways in first profit for two yearsââ¬â¢. Although the rise in incomes and ultimately rise in profits was linked to higher cargo fares, BA were able to successfully cut costs and meet their carbon emissions targets also. Weaknesses Despite the above, BA has been renowned for strong continual losses as highlighted in the other BBC News Article ââ¬ËBritish Airways reports ? 164m lossââ¬â¢. The losses were mainly caused by the volcanic ash cloud and staff strikes both resulting in the cancellation of thousands of flights. Itââ¬â¢s reported that just ââ¬â¢15 days strikes had cost the airline ? 142mââ¬â¢. The strikes had also had a negative impact on their declining reputation making some people not wanting to fly with them anymore. BAââ¬â¢s reputation was also hit when they were sued ? 10K by competitor Virgin for accessing their private files and consequently trying to poach business. If this wasnââ¬â¢t bad enough, in 2009 BA were fined a massive ? 110m for price fixing ââ¬â known as a ââ¬Ëcartelââ¬â¢ and this is illegal. Although passengers accept that flight travel can be dangerous, BA adds to its weakness with its own incidents. These range from a mid-air collision in 1 976, a pilot being sucked out of the aircraft when a windscreen exploded and in 2008 a BA plane at Heathrow missed the runway and crash-landed. More recently, BA has been investigating prices of flights to some destinations that were being charged at 10 times the normal price owing to a ââ¬Ësystem errorââ¬â¢ online. This is going to make people think twice when booking with the company. Opportunities While the above 2 sections focus internally, opportunities and threats highlight those factors that can influence BA externally. The lifting of the recession in recent months has allowed passengers to review their spending habits and hopefully create higher disposable income in households and allow the ââ¬Ëloosening of the beltââ¬â¢ for those corporate company credit cards. BA need to carefully position their marketing strategies at the right time in order to capture these people with that bit of extra money to spend and the report will focus on this issue in the following few pages. BA sold its Gatwick hub airport for ? 1. 5bn, although this was reportedly at a loss (as BA originally paid ? 10. 1bn for it 3 years prior), it gave BA the opportunity to invest its interests elsewhere and concentrate on a smaller number of airports. BA also sold its interest in the London Eye ââ¬â now sponsored by EDF, to focus on other projects. Threats BA has been hit by threats in recent years ranging from terrorism, bad weather, volcanoes and more recently the devastating earthquake and tsunami in Japan and the civil unrest in Libya. Numerous flights have been cancelled to the Libyan capital Tripoli costing BA millions of pounds. Following this, BA has been forced to cancel their entire summer 2011 season of flight programmes. The events in Japan have also affected BAââ¬â¢s programmes with flights to Tokyo disrupted. The case studies provided highlight how BA ââ¬Ëwent into meltdownââ¬â¢ following the heavy snow suffered in the UK during December 2010. The conditions caused hundreds of flights to be cancelled for both cargo and passengers and the title of the article ââ¬ËBritish Airways says bad weather could cost it ? 50mââ¬â¢ sums up the situation perfectly. The terrorist events in the USA in 2001 still continue to make passengers nervous of flying, especially Trans-Atlantic and this is always going to be a sensitive subject that BA would find hard to market against. By doing so, they would not want to seem like they are publicising terrorism but at the same time have concentrated their marketing strategies on the highest standard of comfort and ââ¬Ërelaxabilityââ¬â¢. A final threat is shown in an article by the Telegraph where BA is ââ¬Ëattackedââ¬â¢ by a social media Facebook campaign where Gatwick workers have criticised BAââ¬â¢s Terminal 5 at Heathrow calling it ââ¬Ëshambolicââ¬â¢ and the page was even designed with videos showing the CEO of BA wrestling with baggage and trolleys. This damages BAââ¬â¢s reputation and makes a mockery of their brand. All of the factors mentioned above in the marketing mix and S. W. O. T. Analysis are important for BA to consider however if the company does not have a target market to aim their products at, the company would not be able to survive. British Airways Target Market and Positioning Strategy In order to ensure BAââ¬â¢s products are directed at the correct audience to maximise revenues and profits, careful market research needs to be invested in to find a target market. ââ¬ËThe basis of target marketing is market segmentationââ¬â¢; which splits the market into groups of potential customers that have the same characteristics. From the 3 marketing strategies, itââ¬â¢s believed that BA use a ââ¬Ëdifferentiated strategyââ¬â¢ as they focus on several specific areas of the market to target. The characteristics below offer ome possibilities that link all of BAââ¬â¢s customers together. Watch the News on television Celebrities Speak a 2nd language Middle/Upper Class Holiday in non-European destinations Read non-fiction In full time employment or retired Have higher disposable incomes By segmenting the customer base to determine a ââ¬Ëtarget marketââ¬â¢ BA split the market depending on the following variables: * Demographic ââ¬â age, gender * Geographic ââ¬â where the target is based * Geo-demographic ââ¬â size of households, number of cars etc.. depending on location * Psychographic ââ¬â lifestyle, attitudes Behavioural ââ¬â the relationship between the target market and the product As the points show in the circle above, BA focus their marketing strategies on those that have higher income and appear in the middle/upper classes of the population, this is evident from the prices of their products and the quality of the service offered. Both genders are targeted equally with the age range (generally) being between 35 to 65. The BA advertising strategies are positioned to target those situations that their customers can relate to and dream about ââ¬â i. . luxury holidays, comfortable flights and a reliable service. This concentrates on the behavioural variable. Geographically, as BA is a British company, the target market is centralised in the UK however following partnerships with fellow companies such as American Airlines for example, a wider global base is reached. BA have positioned their product away from their low cost budget competitors acknowledging that they offer a more luxurious alternative to cheap travel. Their positioning strategy can lso be seen in the ââ¬Ëproduct class membershipââ¬â¢ which again, separates BAââ¬â¢s service away from the Easyjets and Ryanairs. By doing this, BA have created their own competitive advantage and have taken an alternative route to satisfy other customers needs that are not centered around saving money. Marketing Recommendations In order for BA to evaluate how successful their target market strategies and their positioning tactics are, the report recommends that the company should see how many levels of ââ¬ËMaslowââ¬â¢s Hierarchy of Needsââ¬â¢ are being satisfied from a purchase of a BA flight. This can be seen in Appendix 3. Psychological needs: SATISIFIED: shelter from the cold, provision of food and oxygen * Safety needs: SATISIFIED: provision of a safe environment and reassuring customers * Belongingness and love needs: N/A * Esteem needs: N/A * Self-actualization needs: Possibly relevant to those who are over-coming their fear of flying. Secondly, BA could conduct marketing research to determine ââ¬Ëwhyââ¬â¢ customers buy their products in the first place. This could be conducted as a quick questionnaire either in-flight when the customers are all in one place at the same time or as a mandatory set of questions when booking flights. This will help BA to see what criteria are satisfied during the stage of the ââ¬Ëbuyer decision processââ¬â¢. There are 3 possibilities however the report recommends that BA would come across the most popular varible below: * Routine Response Behaviour: Customers who are frequent flyers, possibly members of the Executive Club, they are aware of the low cost competition however have a loyalty towards BA and favour their service. Appendix 4 shows where the report deems BAââ¬â¢s product to currently be in the market. By carrying out the market research above and with the new strong group behind the company, the brand could move backwards in the graph and back and return to the growth stage. This can also be said of Appendix 5, by moving BA from a question mark in the Boston Matrix and positioning it in the ââ¬Ëstarââ¬â¢ category. The report recommends BA to further extend their marketing strategy to concentrate on ââ¬Ëholidaysââ¬â¢ and not just flights. This links closely with an interview carried out by ââ¬ËMarketing Weekââ¬â¢ and BAââ¬â¢s Head of Marketing, Richard Tams. ââ¬ËWe are devoting more and more of our reativity in any given campaign to talking about holidaysââ¬â¢. BA should extend this further and working with tourist boards of exotic countries to promote cheaper package holidays with the support of the Government in those ââ¬Ëfurther to reachââ¬â¢ luxurious locations. Tams states ââ¬Ëwe are looking to move BA. com to much more into the space of a t ravel website rather than a flights websiteââ¬â¢. The report strongly agrees with this marketing strategy and would fully support BAââ¬â¢s proposals. This widens their product mix and allows a larger more diverse target market to be captured. Conclusion The report has analysed the company British Airways firstly concentrating on the product mix and a S. W. O. T analysis. The report has described the companyââ¬â¢s target audience and commented on the current positioning strategy of British Airways. The report has concluded with marketing recommendations that could be put in place to ensure the long time success of the company. Future events that British Airways will have to be aware of include the UK Government adjusting passenger air tax and carbon emission regulations. 2,682 words. Bibliography All referenced throughout. Books Jobber, D. 2001 4th edition ââ¬ËPrincipals and Practices of Marketingââ¬â¢, McGraw Hill International, P 810 * Kotler, P. 2010 9th edition ââ¬ËPrincipals of Marketingââ¬â¢, Pearson * Lamb, C. 2009 6th edition ââ¬ËEssentials of Marketingââ¬â¢, Neil Marquardt * The Chartered Institute of Marketing, LSBU lecture notes Websites All accessed between 24/03/2011 and 30/04/2011 * www. bbc. co. uk /news * www. dailymail. co. uk/travel/article-1369100/Libya-action-hits-British-Airways-flights. html * www. guardian. co. uk * www. google. co. uk/finance? q=PINK%3ABAIRY * www. iagshares. com www. letsstartthinking. org/quickreference/maslow-need-hierarchy. asp * www. marketingweek. co. uk/sectors/travel-and-leisure/airlines/qa-with-ba-marketing-head-richard-tams/3019560. article * www. news. airwise. com/story/view/1300492770. html * www. news. cheapflights. co. uk/ /ba-takes-on-easyjet-on-gatwick-marrakech-route * http://phx. corporate-ir. net/External. File? item=UGFyZW50SUQ9ODMyOTJ8Q2hpbGRJRD0tMXxUeXBlPTM=amp;t=1 * www. telegraph. co. uk/travel/3366187/British-Airways-staff-attack-passengers-on-Facebook. html * www. thisislondon. co. k/standard/article-23431527-london-eye-looks-for-new-sponsor-as-ba-pulls-out. do * www. thisismoney. co. uk * http://uk. reuters. com/article/2009/10/21/uk-baa-idUKTRE59K1D820091021 * www. utalkmarketing. com/UTMImages/2/BA_terminal5_2. jpg Append ices 1. ) Group structure of IAG 2. ) BA advert 3. ) Maslowââ¬â¢s Hierarchy of Needs 4. ) Product Life Cycle 5. ) Boston Matrix [ 1 ]. www. iagshares. com [ 2 ]. http://www. google. co. uk/finance? q=PINK%3ABAIRY [ 3 ]. Lamb, C, 2009 ââ¬ËEssentials of Marketingââ¬â¢ 6th edition. Neil Marquardt,
Wednesday, January 22, 2020
Bruce Lee :: essays research papers
Bruce Lee is one of the most well known martial artists in the world. Robert Clouse remembers his first meeting with Bruce Lee very vividly. Robert recalls that: ââ¬Å"The first time he meet you, youââ¬â¢d expect him to shake hands but instead heââ¬â¢d step back and flick out his foot so fast you could feel the air move right at the tip of your nose. Then heââ¬â¢d take your hand and place it on his stomach. It was kind of his calling card.â⬠Bruce Lee is known around the world as being one of the best marital artists ever. Throughout his entire career in martial arts, he only lost one fight. That fight occurred at the early age of only thirteen when he was attacked by a gang, and because of this he started training in the martial arts. At an early age, Bruce Lee was already in show business. He appeared in his first movie at the age of three months old. He then appeared in three movies at the age of six and later in childhood appeared in a few other films. However, his movie career did not end there. Later as an adult he stared in well known movies such as: Fists of Fury, The Chinese Connection, Return of the Dragon, and Enter the Dragon. Not only was he in the movies, but he also wrote and directed some of them. He also appeared on television many times. His biggest appearance on television was when he co-starred in the series called The Green Hornet. Now the thing about Bruce Lee is that he wasnââ¬â¢t just some stuntman/actor, he really knew martial arts and knew them almost to perfection. He started out training in Wing Chun Kung-Fu. Later on he started the first Jun Fan Kung-Fu institute in Seattle, a second one in Oakland, and the third one in Los Angeles. He also has trained some very well known fighters such Chuck Norris and Kareem Abdul Jabar. Not only did he train in Kung-Fu, but he also developed his own style of martial arts called Jeet Kune Do, which means ââ¬Å"The art of the intercepting fist.â⬠This style included techniques from all styles of fighting, such as: American Boxing, Thai Kick Boxing, and Japanese Karate. He wrote a couple books on his training and techniques in Kung-Fu and Jeet Kune Do. His most well known and mind blowing move is called the ââ¬Å"One-Inch Punch,â⬠this is where he would hold his arm straight out just an inch away from your body, and with a shrug of his shoulder, could knock a man straight across the ground.
Tuesday, January 14, 2020
Felons: Democracy and Equal Protection Clause
Coleman Wahlborg Richard English IV, 1A 9 September 2011 Felons and Voting This year 5. 3 million people will be unable to vote not because they are mentally unable, not because they are underage, but because they are felons and ex-felons (Holding, 2006). Ex-felons are people who committed a felony and have served their punishment, dictated by the judiciary system, and are living in the community. When previous convicts are released from prison they are considered citizens again. Being a citizen, one is promised certain rights and responsibilities. As an ex felon one is a free citizen who can exercises the rights and responsibilities granted by the Constitution of the United States of America. Since former felons have earned their rights back shouldnââ¬â¢t this include voting? Whether ex-felons should be able to vote or not is a very popular issue among people. The two sides in the issue can be fairly biased. Some people might know felons that they think should be able to vote and others are on the other side of the argument. However, research says that there are several reasons why ex-felons should and shouldnââ¬â¢t be able to vote. The Fourteenth Amendment states, ââ¬Å"no state shall make or enforce any law which shall abridge the privileges or the immunities of citizens in the United States. â⬠This law sets forth that citizens have privileges and no one has the right to deprive citizens of these privileges. Current felons are not members of society, but previous felonsââ¬â¢ civic rights are restored when they complete their sentence. Denying ex-felons the right to vote abolishes their rights (Krajick, 2004). Only two states allow current felons to vote, and ten states permanently prohibit former felons from voting (Zotti, 2000). This means that people who used poor judgment in the past, paid their debt to society, and were released from jail, are still being punished and shunned from being normal everyday citizens. Prohibiting ex-felon voting is not only a punishment to them, but also to society (Should felons be allowed to vote, 2008). The people of United States will be fortunate if 40% of eligible voters cast a ballot for the next presidential election (Holding, 2006). ââ¬Å"Instead of prohibiting felon voting, we should require itâ⬠(Holding, 2006). We should be finding ways to get people to the polls, not keeping them away. Ex-felons who are going to return to their ways are not going to be interested in having a voice in the government. Individuals who are not already deterred from crime by the threat of confinement are not likely to be swayed by the prospect of losing their right to vote (Mauer, 2004). Individuals who have changed are the ones that want to vote, and the ones who have not changed will most likely wind up in the criminal justice system again ââ¬Å"Voting is not a privilege; it is the basic right that defines a citizen. Those denied it are, in effect, stateless ââ¬â people without a countryâ⬠(Krajick, 2004). Voting is a right that defines a citizen in the since of when a person votes they are considered responsible and knowledgeable for not just complaining about the government but casting a vote to try to change things. When one does not vote, and is disconnected from the government in which they live, and they are stateless because they have no control over decisions that are made. The efforts to block ex-felons from voting makes those individuals feel more detached from society, which increases the chance that they will continue to break the law (Williams, 2010). Past felons feel they cannot get involved in their government because they are turned away, which essentially leads so many ex-felons to resort to their old ways. In 2000, the Alexander v. Mineta Supreme court case that dealt with the Equal Protection Clause came to the conclusion; ââ¬Å"The Equal Protection Clause does not protect the right of all citizens to vote, but rather the right of all qualified citizens to vote. However, the Eighth Amendment prohibits excessive sanctions, and demands that punishment for crimes should be graduated and proportioned to the offense (Karlan, 2004). Therefore, felons who are released from jail have been punished for their crime; more punishment on their part is inhumane of society. The states that continue to exclude all felons permanently are outliers, within the United States and the world (Karlan, 2004). People who argue that ex felons should not have the right to vote believe that they have presented poor judgment and it is absurd to let them help in he choosing of our representatives (Carlson, 2006). This is agreeable to a certain extent, but when one takes a deeper look, the harsh answer is former convicts are stereotyped by most people. While these previous felons have presented poor judgment in the past, who is to say they will never change (Chapman, 2006)? The government lets ex-convicts marry, have children, drive and have the freedom of religion. In many places, the assumption is that ex-felons cannot be trusted to help choose our leader. If we thought criminals could never be reformed, we would never let them out in the first place (Chapman, 2006). There are many reasons why felons should be able to take place in the voting system; however there are reasons why they shouldnââ¬â¢t be able to. Felons become felons by presenting an act of poor judgment in most cases. Felons cannot vote for similar reasons that children canââ¬â¢t vote. ââ¬Å"We don't let children vote, for instance, or noncitizens, or the mentally incompetent. Why? Because we don't trust them and their judgment. We have different reasons for not trusting them, but it seems to me that that is their common denominatorâ⬠(Clegg, 2004). People who have committed crimes in their life have already shown us that they are not trustworthy people (Clegg, 2004). ââ¬Å"And, as to equity, if you're not willing to follow the rules yourself, you shouldn't be able to make the rules for everyone elseâ⬠(Clegg, 2004). Because voting determines in the long run who will make the rules for our country, there is no reason why the country should allow people who canââ¬â¢t follow the rules, vote on the rules. Now, I will freely concede that there are felons who ought to have their right to vote restored, but that should be done on a case-by-case basis, weighing (a) how serious the crime was, (b) how recently it was committed, (c) whether there has been a series/pattern of crimes, and (d) whether the individual has otherwise shown that he or she has turned his or her life aroundâ⬠(Clegg, 2004). C legg states that not all felons are in the same category. It is understandable that murderers should not be allowed to vote. On the other hand, some people really have gone through a long process to change their life around for the better. The right to vote is not granted to those under the age of eighteen. That age limitation demonstrates that voting rights may be restricted when there is reason to doubt the potential voterââ¬â¢s good judgmentâ⬠(Latham, 2006). Latham shares similar ideas to Clegg on how the age limitation on voting and whether felons should be able to vote are connected due to prior judgment or lack there of. The interests of convicted felons might also differ from the primary interest of the American citizen body who want to be protected from criminals (Latham, 2006). A primary issue for the convicted felons as a whole is that 2/3 of felons released commit crimes within the next three years; not counting the ones that were not caught. Holding, Reynolds. ââ¬Å"Why Can't Felons Vote? ââ¬â TIME. â⬠Breaking News, Analysis, Politics, Blogs, News Photos, Video, Tech Reviews ââ¬â TIME. com. 1 Nov. 2006. Web. 19 Oct. 2011. Krajick, Kevin. ââ¬Å"Why Can't Ex-Felons Vote? (washingtonpost. com). â⬠Wahlborg 2 The Washington Post: National, World & D. C. Area News and Headlines ââ¬â The Washington Post. 18 Aug. 2004. Web. 19 Oct. 2011. http://www. washingtonpost. com/wp-dyn/articles/A9785- 2004Aug17. html
Monday, January 6, 2020
Little Field Essay - 772 Words
After the initial observations of demand for littlefield labs (day 52), one of the first steps we took was to identify the bottleneck in the production chain. This was determined by looking at the rate of utilization of the three machines and the number of jobs in the queue waiting for these machines. It was quickly determined that the machine 1 was our bottleneck, as it was the only machine with 100% utilization and excess number of jobs in the queue. This meant that machine 1 was not able to keep up with the incoming demand and lacked the proper capacity. We knew that we needed to increase capacity and the decision was made to purchase another machine 1. Following the decision to purchase a machine, our focus shifted to the inventoryâ⬠¦show more contentâ⬠¦Using the excel spreadsheet and looking at the linear regression line, we determined that the approximate level of demand on day 120 would be about 18 kits per day. This number was critical to our overall strategy going forward. Since we knew the demand would average around 18 kits a day, we wanted to have enough capacity in the machines to handle the demand. We figured to calculate the demand capacity of each machines by looking at the level of utilization of each machines on day 1, when the very first order arrived. Using the percentage of utilization and the actual number of job coming in for the first time, we were able to calculate the capacity of each machine with relative accuracy. It was determined that machine 1 had the capacity of 4.5 jobs per day, machine 2 with capacity of 12.5 jobs per day, and machine 3 with capacity of 12jobs per day. This meant that in order for us to accommodate the expected level of demand, we needed to have five units of Machine 1, two units of Machine 2, and two units of Machine 3. We wanted to have five units of Machine 1 because we did not want to have just 4 and have 100% utilization, causing a bottleneck situation. We also wanted to figure out the optimal reorder point and order quantity using the forecasted average demand of 18 jobs per day. We set the number of reorder point to 95 kits, accounting for the four day lead period and the level of safety stock we wanted to have.Show MoreRelatedLittle Field1518 Words à |à 7 PagesInitial Analysis Application of Littleââ¬â¢s Law: The data for the first 50 days indicated that: No. of Jobs arrived till date = 153. No. of Completed Jobs = 152 Since there were no jobs in the order queue, the inventory of the system, taken as a whole, was 1 i.e. 60 kits in total. This number included the kits waiting in the machine queues and jobs that are currently being processed on the machines. The average arrival rate of the jobs per day was 3.06. This was taken as the initial throughput for theRead MoreCentral Washington University s Campus Program1027 Words à |à 5 PagesCentral Washington University being a Division two sports school fields are an important factor. 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But there was one tree I can never forget--- it was a big guayacan tree that grew on a little hill. It was a very old tree and I loved how it blossomed yellow flowers. Whenever the wind blew, its beautiful golden petals fell as if they were snow. I wouldRead MoreSocial Construction Of Reality / Pg975 Words à |à 4 PagesEven though the conditions were awful, the work load was heavy, and the pay was not great, any work these people could find they were jumping at the gun. There are not that many people in America that would work gruesome hours out in the roasting hot fields for the amount of pay these people were receiving. Because of the immigrants background and life experiences, they were taught to work hard and have an attitude that in the end will keep them alive. In their world, family and religion remained a hugeRe ad MoreDescriptive Essay About Home1176 Words à |à 5 Pagesnot my home, that home was in fact more than what the words in the dictionary say. When I was younger, I lived in the Philippines, my backyard were the rice fields and I would always play hide and seek with all my friends behind the trees. But there was one tree I can never forget--- it was a big guayacan tree that grew on a little hill. It was a very old tree and I loved how it blossomed yellow flowers. Whenever the wind blew, its beautiful golden petals fell as if they were snow. I wouldRead MoreThe Effects Of Outdoor Sports Lighting On The Community939 Words à |à 4 Pagesanswer is a resounding ââ¬Å"yes.â⬠Without land available for the opening of new athletic fields, there simply are not enough sports fields to meet the needs of the townââ¬â¢s population. In an effort to solve this dilemma, the proposal has been made by the New Providence Partnership for Recreation (NPPR) to install lighting in Lieder Field. The benefits to the community include an increase in hours each day the field may be used at no expense to the taxpayer. Yet, others in the community believe that outdoorRead MoreThe Field Of A Medical Office Administration879 Words à |à 4 PagesThe field of study I am particularly interested in is Medical Office Administration. Based on my own research this job involves sitting for long periods of time, requires extensive knowledge of computers and the ability of multitasking. The roles of this job include effectively managing an office. They work in a variety of fields ranging from a physicianââ¬â¢s office to a rest home facility. There are particular skills needed to do well in this, which include being well-organized, good communicationRead MoreDystopia of Maya878 Words à |à 3 Pageswalked along the ruined remains of life on the ground. Old cottages and fields were dotted along the countryside like relics of a forgotten era. The fields, no longer a youthful green, were brown, shriveled and unfriendly to the farmers of Eucalyptus who tried in vain to procure a single sprout to appease the Council. Sk eletons masquerading about in clothes and shoes worked on the fields feeding, begging, and fighting their fields in desperation. The picture should have been and normally was accompanied
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