In this tutorial session‚ we practiced on classifying quality costs. What we were going to do was that classify fourteen different costs in to three quality costs which were price of conformance(POCs)‚ price of non-conformance(PONCs) and normal business(NBs). When we looked at PONCs‚ we should be careful of some key words like “loss of use” in question 5‚ “re-work” in question 6‚ “error” in question 11 etc which means failure. Since situation of non-conformance occurred‚ the company had a must
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Elements Of Drama The dictionary definition of Drama is the activity of acting‚ or simply a play for theatre‚ the elements however that make up this intricate and diverse art form are far more complex than the concluding definition. The elements of Drama are essentially building blocks that culminate in the finality of this wholesome‚ rigorous activity. A simple way to understand a form as complex as Drama‚ is to look at it as a physical project‚ like building a house. The first and most important
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The Eight Elements Of TQM By Nayantara Padhi Total Quality Management is a management approach that originated in the 1950’s and has steadily become more popular since the early 1980’s. Total Quality is a description of the culture‚ attitude and organization of a company that strives to provide customers with products and services that satisfy their needs. The culture requires quality in all aspects of the company’s operations‚ with processes being done right the first time and defects and waste
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Essential Elements of a Contract “A contract is an agreement that can be enforced in court. It is formed by two or more parties who agree to perform or to refrain from performing some act now or in the future.” (pg 208) Recently I was faced with a situation regarding a contract that was not in writing and I had to explain that as long as a verbal contract contains the four essential elements of a contract it is binding. We are so accustomed to seeing contracts in writing that many people assume
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Elements of culture - Language: set of symbols used to assign and communicate meaning. It allows us to name or identify the things in our world so we can think and communicate about them. - Norms: every society or every civilization has a set of norms‚ which are the rules of behavior; this can include the folkways‚ mores‚ taboos and rituals in a culture. - Values: things to be achieved or the things which are considered of great worth or value in a particular culture. - Beliefs and ideologies:
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Tin is a chemical element with the symbol Sn from the Latin word “stannum.” Its atomic number is 50 and its atomic mass is 118.71. Tin is classified in the ’Other Metals’ section which can be located in groups 13‚ 14‚ and 15 of the Periodic Table. All of these elements are solid‚ have a relatively high density and are opaque. This silvery‚ ductile metal is not easily oxidized in air and resists corrosion. Tin is usually malleable‚ but when cooled it is very brittle. It is found in many alloys
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Prices & Markets Lecture 1: Demand & Supply © Martin Byford 2012 Definition: Economics /iːkəәˈnɒmɪks‚ ɛk-/ noun The social science that analyses the production‚ distribution and consumption of goods and services given unlimited wants and scarce resources. ORIGIN late 16th cent. (denoting the science of household management): from ta oikonomika‚ the name of a treatise by Aristotle (or his student Theophrastus). Definition: Microeconomics /ˌmʌɪkrəәʊ-/ noun That part of economics concerned
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Price discrimination Price discrimination is the practice of charging a different price for the same good or service. There are three of types of price discrimination – first-degree‚ second-degree‚ and third-degree price discrimination. First degree First-degree discrimination‚ alternatively known as perfect price discrimination‚ occurs when a firm charges a different price for every unit consumed. The firm is able to charge the maximum possible price for each unit which enables the firm to
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English 1023---M02 28 October 2012 Gas Prices Today‚ gas price as a national average have risen to 2.1 dollars per gallon. This is the highest gas price increase since 1990‚ during operation desert storm. What is the cause of this drastic increase in gas prices? Limited supply of crude oil from the Middle East some say. Others think the cause is high trade tariffs on incoming foreign oil. But what is the solution to this problem? Is it drilling in our national wildlife reserves in Alaska? Dropping
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To prevent gasoline prices from having devastating effects on the economy it has been proposed that all gasoline prices in the United States be fixed at the average price for the last two years. For simplicity it will be assumed that this price is $2.50 per gallon. When equilibrium prices are under $2.50 per gallon the excess payments will be kept in a government fund. When retail prices exceed $2.50 per gallon money from this fund will be distributed to pay the difference. Do you think that this
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