DXX I NDIAN I NSTITUTE A HMEDABAD OF M ANAGEMENT IIMA/QM-xxx Merton Trucks Case Note Abstract We discuss Merton Trucks [Dhe90a] as a case to introduce linear programming in the MBA program. This case adapted from Sherman Motor Company case‚ was used to introduce Linear Programming formulations as well as duality. Refer to the teaching note [Dhe90b]. Our approach differs from the approach suggested by Dhebar [Dhe90b]. First‚ our audience consists pre-dominantly of engineers with not too much work
Premium Contribution margin Variable cost Costs
The Anomic Society Syndrome We are products of our own making. On a micro level‚ we are products of our own choices. The law of action-reaction is not limited to quantum physics alone: we plant what we seed. On a macro level‚ we are products of global events. There are four distinct generations that shaped the country: Veterans‚ Baby boomers‚ Gen-X‚ and Gen-Y. Expectations and characteristics associated with these generations are based on global events that occurred on each era. Veterans are
Premium Sociology Science Human
Merton’s theory of the Social Structure and Anomie is one of the most well renowned and cited theories of strain and deviance as it encompasses the ability to account for the strain produced due to hindered opportunity within the relentless pursuit of economic success (Rosenfeld‚ 1989‚ p. 289). The ladder theory is valid in determining deviancy amidst the lower working classes within the societal hierarchy‚ it may also interpret the causation of street crimes; however‚ it is fails to define and account
Premium Sociology Capitalism Marxism
Durkheim‚ and Weber have engaged in describing the interrelationships between social phenomena. This paper will address functionalism from Robert Merton’s perspective by looking at his significant contributions to functional analysis. Robert Merton (1910-2003) attempted to rectify some of the weaknesses within structural functionalism. Specifically‚ he criticized the underlying assumptions of functionalism and added complexity to how structural functionalism dealt with the relationship between
Premium Sociology
Every city seems to have a “bad part of town”‚ but what is responsible for crime and social problems in these parts of inner cities? Robert Merton coined the theory of strain in 1938 building off of Emile Durkheim’s concept of anomie‚ or a feeling of normlessness (Cullen text‚ Part V). Robert Merton suggests that every society has a specific set of norms and goals for success‚ and that crime occurs due to the gap‚ imbalance‚ and disjunction between aspiration for these goals and the means to achieve
Premium Sociology Criminology Crime
Person A is Alex Frayn. He is the CFO at D-Mertons. He is responsible for determining and reporting the financial information of a company for the previous years as well as for the future as the accuracy and the timeliness of the report helps greatly in the decision making of the company for future decisions as well as ensure that the financial information has been properly maintained and shared with the shareholders so that they know what the financial situation of the company is. Being the right-hand
Premium Risk Risk Auditing
Sociologists like Emile Durkheim used the structural functional theory of crime to understand the world and why people act the way that they do. Its main thought is that our culture is a whole unit. This unit is composed of interconnected portions. Sociologists who believe theory often focus on the social structure and social function. Durkheim based primarily all his work on this theory‚ the structural functional theory. Durkheim debated that deviance is a typical and essential part of our culture
Free Sociology
Question 1 With the use of Merton Model‚ the probability of Default (PD) of each firm is summarized as follow: Company Name | ASX Code | Probability of Default | Adelaide Brighton Limited | ABC | 0% | Buderim Ginger Limited | BUG | 26.079% | FFI Holdings Limited | FFI | 0.056% | McPherson’s Limited | MCP | 0.003% | Reece Australia Limited | REH | 0% | Vietnam Industrial Investments Limited | VII | 2.472% | Question 2 Using 15 Sep 2008 as a cut-off point‚ the pre and post results
Premium Finance Corporate finance Default
The article Social Structure and Anomie by Robert K. Merton talks about how each and every society around the world has their own norms‚ goals‚ and intersects and all of these societies have different means when it comes to achieving those goals. And all of these goal is accepted by everyone in a society. As every society has norms‚ each and every society also have sort of regulatory code. Robert Merton also talks about anomie‚ which he borrowed from Durkheim‚ is lack of norms in a society (Durkheim
Premium Sociology Religion Science
Thomas Merton and Thich Nhat Hanh: the Dialogue between West and East Cardinal Joseph Ratzinger (Pope Benedict XVI) in his “Letter to the Bishops of the Catholic Church on Some Aspects of Christian Meditation” in 1989 has raised a pastoral concern about the attempt to mix Christian mediation with eastern techniques in recent spiritual movements. The pope says that these renewal spiritual proposals need to have “their contents and method ever subjected to a thorough-going examination so as to avoid
Premium Religion Christianity Buddhism