Business studies has captivated me since I started learning it in 11th grade because it provides an international perspective on commercial strategies and operations. Since I have studied commerce in my 11th&12th grade I have a clear and thorough understanding of the basics of business management and principles of accounting. As a part of my course I have visited nearby factories to prepare a project on sales promotion which was adjudged as one of the best projects of my class. Since I grew
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1. The shipping industry structure will be explained via the 5 competitive forces of Porter: THREAT OF NEW ENTRANTS | New entrants face entry barriers such as: Large financial resources required to invest in a container terminal or in a shipping line. There is a big time lag between the investment (buying cranes‚ ordering vessels) and the start of operations. Conferences among shipping lines will determine the price and other conditions of the market. Vertical integration between terminals
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Assignment #4: Case Problem “Stateline Shipping and Transport Company” Courtney Boone June 10‚ 2012 MATH 540 Quantitative Methods Professor Gelonia Dent Rachel has estimated the cost of shipping a barrel of waste from each of the six plants to each of the three waste disposal sites as shown in the following table: Waste Disposal Site | | | | Plant | Whitewater | Los Canos | Duras | Kingsport | $12 | $15 | $17 | Danville | 14 | 9 | 10 | Macon | 13 | 20 | 11 | Selma | 17
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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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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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MERCHANT SHIPPING ORDINANCE 1952 MERCHANT SHIPPING (CENTRAL MERCANTILE MARINE FUND) RULES 1984 In exercise of the power conferred by subsection (8) of section 467 of the Merchant Shipping Ordinance 1952‚ the Minister makes the following rules: 1. These Rules may be cited as the Merchant Shipping ( Central Mercantile Marine Fund) Rules 1984 . 2. In these Rules‚ unless the context otherwise requires- "adopted children"- (a) in relation to a seaman who does not profess the religion of Islam‚
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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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El-Alamein for Printing and Packing Goes Digital 1. WHAT SYSTEMS ARE DESCRIBED HERE? WHAT VALUABLE INFORMATION DO THEY PROVIDE? An Enterprise Resource Planning (ERP) system which includes time and attendance systems was described in this case study. This save a lot of lost working hours. Oracle E-business Suite was the chosen best ERP to meet the company information and business requirements. This help automate the business processes were: Oracle Financials‚ inventory management‚ manufacturing
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March 19‚ 2014 Jennifer Hopkins 3110 Mustang Road Alvin‚ TX 77511 Dear Ms. Hopkins: I hope you enjoyed your Spring Break. You have been an amazing teacher‚ delivering humor‚ personality‚ and superb lessons in your classroom. Since mathematics is formula based and does not alter‚ each course builds onto the last; therefore each class taken in high school aids in college‚ in the workplace‚ and life in general. However‚ having the knowledge base is not the sole component in being successful
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Dear Mr./ Mrs.‚ Our names are Rebecca and Vanessa Streiner. We are in the 8th and 9th grade at French Middle School and Topeka West High School. We were recently interviewed and accepted to participate as members of the People to People Student Ambassador Program to Italy‚ France‚ Switzerland‚ and Austria this summer. The objective of the program is to promote international understanding while building leadership skills among America’s youth. The 21-day experience includes meeting with government
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