Ocean Carriers Project Analysis Introduction Ocean Carriers receives a lease for a ship over three years starting in 2003. However‚ the company currently does not hold qualified ships that can meet customers’ demand. Our report is not only to assist Ms. Linn to decide whether or not to purchase a new ship but also give a reasonable suggestion on how long to hold on the ship regarding the NPV and long term prospective of dry bulk industry. Upon business operating in U.S or H.K‚ we consider four scenarios
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30 CHAPTER 5 TURBINES 5.1 Introduction Hydraulic turbines are the machines which use the energy of water and convert it to mechanical energy. The mechanical energy developed by a turbine is used in running an electric generator which is directly coupled to the shaft of the turbine. The electric generator thus develops electric power‚ which is known as hydro-electric power. 5.2 Elements of Hydraulic Power Plants Fig.5.1 General Layout of a Hydraulic Power Plant 31
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Washing Machine- The Helping Hands Laundering clothes manually involves the process of scrubbing and rinsing dry dirty clothes and other textiles. The entire process can be extremely tiring and time consuming. It can also lead to severe backaches for the washers. The electric washing machine has been a boon for housewives and house keepers as they have saved them not only a lot of time and effort from these this cumbersome chore but also contributed to their better health. The main parts of
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WHAT IS VIRTUAL MACHINE ? A virtual machine (VM) is a simulation of a machine (abstract or real) that is usually different from the target machine (where it is being simulated on). Virtual machines may be based on specifications of a hypothetical computer or emulate the architecture and functioning of a real world computer. A virtual machine (VM) is a software implementation of a machine (i.e. a computer) that executes programs like a physical machine. Virtual machines are separated into two
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The Sippican Corporation Case Study (A) Management Summary Sippican Corporation - a supplier of valves‚ pumps‚ and flow controllers to manufacturers of water purification equipment – faced concerns due to the fact that its competitors have been reducing the price of pumps‚ which was a major product line. According to Sippican’s cost accounting system further decrease in the price of pumps would not be acceptable as because of the past price reductions the margin on pumps have already declined from
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Success Factors for Self-paced Online Learning in Business Success Factors for Self-paced Online Learning in Business Entering the twenty-first century‚ businesses and organizations are turning to e-learning as a cost effective and efficient means of workplace learning. Self-paced online learning is computer based instruction offered by organizations where students work at their own pace. Variations of support may exist‚ but students/learners generally work independently. In academia this
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meThe Time Machine H. G. Wells This eBook is designed and published by Planet PDF. For more free eBooks visit our Web site at http://www.planetpdf.com. The Time Machine I The Time Traveller (for so it will be convenient to speak of him) was expounding a recondite matter to us. His grey eyes shone and twinkled‚ and his usually pale face was flushed and animated. The fire burned brightly‚ and the soft radiance of the incandescent lights in the lilies of silver caught the bubbles that flashed
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Indians on silver mining overdrive. According to the Spanish royal records thirty-six million silver coins have been taken out of the mine since the invasion. Meanwhile in Spain‚ the high process ruined Spain as prices attracted Asian commodities with silver currency flowing out nonstop to pay for them. The constant flow of silver from Potosi made the Spanish very blind with their riches. Once the silver from Potosi was gone Spanish economy would plummet. Asian Trading ships where so common that some
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Simple Machine Joemarie A. Martinez 1-D CE Simple machine Simple machines make work easier by multiplying‚ reducing‚ or changing the direction of a force. The scientific formula for work is w = f x d‚ or‚ work is equal to force multiplied by distance. Simple machines cannot change the amount of work done‚ but they can reduce the effort force that is required to do the work! As you can see by this formula‚ if the effort force is reduced‚ distance is increased. These simple machines fall
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Cash Flow University of Phoenix Cash Flow “The statement of cash flows reports the cash receipts‚ cash payments‚ and net change in cash resulting from operating‚ investing‚ and financing activities during a period” (Weygandt‚ Kimmel‚ & Kieso‚ 2010‚ p. 614). Companies are required to prepare a statement of cash flow because it contains important information about the company that deems useful for external sources‚ such as investors‚ to make educated decisions about a company. The
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