to install a pumping system which is more durable at a cost of $20‚000. With this option‚ the system will require to be replaced every 15 years. The maintenance cost for this system runs at $4‚000 every five years. Option 2 is to install a cheaper pumping system. It costs $12‚000. However‚ the system must be replaced every 6 years. The maintenance cost for this system is $1‚600 every 2 years. Compute the present worth capitalized cost for each option and decide which one would be to our advantage
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errors. All or Nothing thinking Overgeneralization Mental Filter Disqualifying the Positive Jumping to Conclusions Magnification or Minimization Emotional Reasoning Should Statements Labeling and Mislabeling Personification PowerPoint presentation on benefits of positive thinking: lower rate of depression‚ better coping during stress and illness. “Lemon‚ loss and love”--visual imagery exercises. Review‚ discussion‚ and/or role-play of the 10 most cognitive errors. 10 minutes
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Information Technology FY 2007/2008 Budget Request The budget request for FY 2007/2008 includes the following information for implementing a VoIP telephone system. Some of the cost associate with this request includes VoIP consulting which can range from $75 to $500 per hour. The cost will be $150 - $250 per hour‚ totaling $2‚400 - $4‚000 for consultant. For budget purpose‚ we will use the higher amount of $4‚000. We will require 16 hours of consultant time on this project to lay out the hardware
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DIFFERENCE BETWEEN A FUNCTIONAL MANAGER AND A PROJECT MANAGER FUNCTIONAL MANAGER 1. He is in-charge of a firm’s functional depts. Such as marketing‚ engg.‚ or finance. 2. They are more skilled at analysis. Such heads are specialists in certain areas only. 3. They are analytical in approach (breaking the system into smaller and smaller elements) and they know something abt. the operation for which they are responsible. 4. In case of any difficulty‚ they know how to analyze
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ROI in the Public Sector Interest in return on investment (ROI) by public sector organizations continues to grow. This interest is not isolated to large federal agencies. Myths regarding the use of ROI in government abound‚ prevents many agencies from developing a comprehensive approach to evaluating human resources‚ training‚ and performance improvement initiatives. The key is distinguishing what is myth versus what is reality. Efforts have been made toward more responsible performance management
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process for identifying problems and opportunities‚ determining objectives‚ describing situations‚ defining successful outcomes and assessing the range of costs and benefits associated with several alternatives for solving a problem. The Business Feasibility Study is used to support the decision-making process based on a cost benefit analysis of the actual business or project viability. The feasibility study is conducted during the deliberation phase of the business development cycle prior to
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lowest net costs. (Points : 1) 2. Utilitarianism is attractive to many because it matches the views we tend to hold when discussing governmental policies and public goods. (Points : 1) 3. Negative rights are defined entirely in terms of the duties others have not to interfere with you. (Points : 1) 4. Cost-benefit analysis is used to determine the desirability of investing in a project (such as a dam‚ factory‚ or public park) by figuring whether its present and future economic benefits outweigh its
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CASE ANALYSIS Herman Miller’s Overall Strategy: Herman Miller Inc. focuses on growth‚ by introducing innovative products. The company believes that in order to achieve operational excellence‚ the company needs to focus on employees’ motivation and problem solving process. Herman Miller concentrates on producing high quality products. The company is trying to reduce fixed manufacturing cost by outsourcing with their strategic suppliers‚ which helps controlling the company’s overall cost structure
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System study refers to the entire process that an individual uses to study particular subject. It attempts to accomplish this goal by combining certain study methods with certain study techniques. As a part of our requirements of our subject System Analysis and Design‚ the BSIT 3rd year students of Bulacan State University Bustos Campus are conducting a system study. We need to conduct a system study with the Pandi Water District. The aim of this is to improve‚ develop and change manual to computerized
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CHAPTER I INTRODUCTION Technology plays vital role in innovation. Over the years we have seen technology to evolve like a child burgeons into adulthood. Without technology‚ life would be more difficult than it already is. We are now living in a world which is technologically civilized‚ where almost all human activities involve the use of technology and every person wants to be recognized with a device or gadget which is technically advanced. Nowadays‚ computer serves an important part
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