SOLAR ENERGY PRODUCTION IN INDIA Coming specifically to the land of much sun‚ heat and humidity as well as persistent power shortages‚ overdependence on coal (52%) and huge oil and gas imports‚ solar energy production in India remains appallingly low. This is made evident by the minimal range of solar energy products in India. Solar lighting (solar lamps‚ street lights)‚ rural electrification‚ solar water heaters‚ solar cookers and PV pumps sum up the measly range of solar energy products
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William Shakespeare began his career as a playwright‚ many others have attempted to produce their own versions of his plays. One play which has been produced time and time again is Hamlet. Whether Hamlet is performed live or simply a movie‚ each production has its own unique spin on the stories within the play‚ and each has its own “feel”. Michael Almereyda’s Hamlet places the story in modern day New York City‚ with Ethan Hawke as Hamlet‚ Julia Stiles as Ophelia‚ Bill Murray as Polonius‚ and many
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Production Possibilities Curve (PPC) The Production Possibilities Curve (PPC) is used to show the economic concepts of scarcity‚ choices and opportunity cost. The PPC is a graphical representation showing maximum combinations of output (goods and services)‚ a nation can produce with limited economic resources in a fixed period time. Assumptions of the production possibilities curve: I. Only 2 goods will be illustrated II. The amount of resources is fixed III. State of technology
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What is IIP? The Index of Industrial Production (IIP) conveys the status of production in the industrial sector of an economy in a given period of time‚ in comparison with a fixed reference point in the past. The IIP numbers‚ released every month in India‚ for instance‚ use 1993-94 as the base year for comparison. The IIP figures are generally seen as an important but short-term indicator of whether industrial activity in a country has risen or dipped‚ till more detailed studies or surveys are
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Q1. Of the following production functions‚ which exhibit increasing‚ constant‚ or decreasing returns to scale? a. F(K‚L) = K2 L b. F(K‚L)=10K + 5L c. F(K‚L)= KL.5 Q2. Suppose the process of producing lightweight parkas by Polly’s Parkas is described by the function q=10K8 (L-40).2 Where q is the number of parkas produced‚ K the n umber of computerized stitching-machine hours and L the number of person-hours of labor. In addition to capital and labor‚ $10 worth of raw materials
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challenging task to improve product quality and service quality.Quality is the cornerstone of survival for a company. The history of numerous successful companies show that quality is also the dominant factor‚ especially for the Japanese company. To combat with the competition of North American’s company‚ quality become the most effective weapon for them to gain a remarkable market place in global. More and more companies are finding it necessary to to achieve high quality‚ and consider it a major strategy
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Food production A growing population brings with it a necessity to produce more food. However‚ the potential impact on the local and global environment must be considered. Part of the solution lies in careful management to reduce energy losses in food chains‚ as well as looking to new food sources. It is necessary to find a compromise between the priority of obtaining food and the priority of protecting ecosystems. The efficiency of food production can be improved by reducing the number of levels
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III. Production Process The production cycle centered on producing bread. All products will undergo the same process. The bread will be separated according to their flavors. This will incur separable costs. There are two departments in the manufacturing entity; these are the mixing and baking departments. This is a small-scale business entity that is why a lot of the processes are done manually. Based on the information gathered from the interview‚ the loaves of bread were baked at night
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The Production Possibility Frontier Consider the case of an island economy that produces only two goods: wine and grain. In a given period of time‚ the islanders may choose to produce only wine‚ only grain‚ or a combination of the two according to the following table: Production Possibility Table Wine|Grain| (Thousand of bottles)|(Thousand of bushels)| 0|15| 5|14| 9|12| 12|9| 14|5| 15|0| The production possibility frontier (PPF)
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how much food production would need to increase to feed 9 billion people by 2050. For example‚ in Elizabeth Dickinson’s info graphic essay‚ the largest number of respondents voted that the world would need to increase its food production by 70 percent. That is an enormous percentage because we would need to start increasing the production from now‚ so by the time 2050 comes around we will have increased by 70 percent. If we delay the process of starting to increase the food production then we will
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