Risk Management in the Shipping Industry Shipping is a business that is extremely in tune with prevailing market sentiment. Its success depends on a prospering economy‚ due to the increased global trade. It is also partially sheltered from temporary downturns because businesses will switch from more expensive air freight‚ and save costs by using shipping as their means of transporting their goods instead. The industry is also an extremely competitive one‚ as there are only two main considerations
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Term Project Throughput Capacity Report of Indented Berth Design at Guangzhou Container Terminal No.1 Objective: In this term project‚ a seaport terminal is selected to calculate the current throughput capacity based on the data measured in google earth and found on the official website. Then we should propose a modified berth layout by changing the existing berth to include an indented berth‚ and estimate the increasing rate of the annual throughput capacity. I selected Guangzhou Terminal
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Assignment #4: Case Problem "Stateline Shipping and Transport Company" Read the ’Stateline Shipping and Transport Company" Case Problem on pages 273-274 of the text. Analyze this case‚ as follows: In Excel‚ or other suitable program‚ develop a model for shipping the waste directly from the 6 plants to the 3 waste disposal sites. Solve the model you developed in #1 (above) and clearly describe the results. In Excel‚ or other suitable program‚ Develop a transshipment model in which each of the
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The Transaction Cost Advantage of Guanxi-Based Business Practices Stephen S. Standifird R. Scott Marshall The purpose of this paper is to provide a theoretical explanation of the perpetuation of China’s guanxi-based business practices. As a complement to the social embeddedness- and resource-based explanations‚ we seek to demonstrate the perseverance and relevance of guanxi in terms of the transaction cost advantages it offers. Specifically‚ we argue that guanxi-based business practices offer certain
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plant ‘i’ to the j-th waste disposal site‚ where i = 1‚ 2‚ 3‚ 4‚ 5‚ 6 and j = A‚ B‚ C. The objective function of the manager is to minimize the total transportation cost for all shipments. Thus the objective function is the sum of the individual shipping costs from each plant to each waste disposal site: Minimize Z = 12+ 15+ 17+ 14+ 9+ 10+ 13+ 20 +11 +17 +16 +19 +7 +14 +12 +22 +16 +18 The constraints in the model are the number of barrels of wastes available per week at each plant and the number
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Community Based Policing Rodney Dio Criminal Justice 5/19/2013 Devry University Community Based Policing With this paper the community based policing are going to be mentioned. The importance of this sort of policing is critical attributable to the very fact that the particular police cannot perpetually be around to shield the innocent. With the number of kidnappings‚ murders‚ theft‚ and property destruction happening daily in America we tend to‚ as a society‚ ought to begin protective and
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Introduction The Stateline Shipping and Transport Company is negotiating a shipping contract with Polychem. Polychem would like Stateline to pick up and transport their waste products from their six plants to three waste disposal sites. There is a possibility that using the plants and waste disposal sites as intermediate shipping points could lower the overall shipping costs. A Stateline manager is trying to determine the shipping routes that will minimize Stateline’s total cost and if it would
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Case study 1: Resource based view of competitive Advantage 1. How specific would the identification of strategic capabilities need to be to permit them to be managed to achieve competitive advantage? Business strategy is all about competitive advantage. Businesses need strategies in order to ensure that resources are allocated in the most effective way.A firm is said to have a competitive advantage when it is implementing a value creating strategy not simultaneously being implemented
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Brain-Based Learning: The Neurological Findings About the Human Brain that Every Teacher Should Know to be Effective Abstract The purpose of this paper is to present the main neurological findings about the human brain that provide the basis for brain-based learning‚ and that represent a narrow field of cognitive science as a whole. The findings that are described were made primarily by neuroscientists who studied the structure and functions of the nervous system with the purpose of correcting
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Business Administration University of Dhaka Subject: Letter of Transmittal. Dear Sir: I am pleased to submit “Strategy Analysis for ‘APL’ (American President Line) as a requirement for the completion of “Strategic Management” course. The term paper was prepared on the basis of the theoretical models‚ approaches and analytical tools taught in the course. The report details out how APL fits into these various models and approaches and how different factors influence it in particular‚ internally
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