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Application of an Analytical Tool Box Design - 2236 Words

In this report, the aim is to provide company A with an analytical tool box design for achieving this match between research and product development. The final goal of the tools will be to encourage an imaginative climate in Company A which will increase the company’s profit margins in the long run. The report will adjust the normal technical pattern of problem identification through scanning, strategy/implementation and learning. At each stage of the report, the important set of tools will be analyze in order to adjust same with the unusual requirements of company A. In appraising the situation of company A the critical analysis of the problem solving tool that company has used. Then, the company would look at a set of analytical inward focus tools which is relevant to company A in the case. These will be web gap analysis in combination with brainstorming. Finally, the report will provide recommendation for an implementation framework using portfolio management and Analytic Network Process effectively coupled with learning that the company will use to evaluate and re-adapt this process for continuous improvement. Within the limits of time and resource constraints, it suffices herein to state the limitations of that case; 1) The first limitation pertains to the insufficient descriptions of some of the recommended tools as a result of limited word count. However, effort has been made to use diagrams and tables to demonstrate some aspects of these tools to make up for thisShow MoreRelatedSample Summary Of Sc And Stlc799 Words   |  4 PagesSoftware methodologies (Automation and Manual) with detail-oriented, analytical, and creative thinker with a passion for quality processes. 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Price and Quantity Demanded of Commodity †MyAssignmenthelp.com

Question: Discuss about the Price and Quantity Demanded of Commodity. Answer: Introduction: The Production Possibility Frontier represent maximum possible output using all the available resources in a nation. Any point on the frontier indicates efficient point of production. Any point inside the frontier shows inefficient production operation while points outside the PPF represents production choice that are not feasible (Rader, 2014). When a country is operating on the PPF, then increasing production of one good must involve decreasing production of some other. The main assumption of PPF are the following The first assumption that using all the resources the country can produce only two goods The resources between the two industries are not perfectly substitutable. The inter-industry transfer of resources thus leads to inefficiency in production (Cowen Tabarrok, 2015). While drawing PPF the technology is assumed to be at a constant level. Two main features of PPF are it is negatively sloped and is concave to the origin. On the PPF increase, production of one good involves sacrifice of output of some other goods. This makes PPF slopes downward. Resources are not perfect substitute (Nicholson Snyder, 2014). Hence, when resources from one industry are shifted to some other industry the inefficiency increases. More the output of one good increases more of some others need to be sacrificed. The increasing opportunity cost make the PPF bowed outward or concave in shape. District D has demand for 3,000 Schmeckt Gut 2.0 and 18,000 Schmekt gut Energy Bars. This is a feasible output combination as indicates a point on the production possibility frontier. However, an increased demand for Schmeckt Gut 2.0 to 4000 along with an increased demand for Schmekt Gut Energy Bar to 20,000 is not a feasible output combination. The increased output of any one of the two product means a decreased production of other. This will be achieved when countries, there is an increase production capacity resulting in an output expansion. One way to achieve this is to make technological advancement so that given amount of resources can result in a higher output. The more efficient use of resources helps to overcome the resource constraint. Other way is to explore new resources. Once new stock of resources is explored then both the product can have a greater amount of resources leading to output expansion for both. Finally, adaptation of specialization technique can increase efficiency of resources contributing to a higher output. District D can use any of the three solution to meet the new demand combination Demand for Energy bars: P = 800 2QD Supply for Energy bars: P = 200 + 1QS At equilibrium, Equilibrium Price The equilibrium price is $400 and equilibrium quantity is 200. If price changes by $1, then new price is $401. The demand function is P = 800 2QD Or, 2QD = 800 P Or, QD = (800 P)/2 The supply function is P = 200 + 1Qs Or, Qs = P -200 Therefore, at price $401, The law of demand suggest that an inverse relation exists between price and quantity demanded of a commodity (Mochrie, 2015). That is, all other things remaining constant, when price increases then demand decreases and vice-versa. When price was $400, then quantity demanded was 200. As price increases by $1, following law of demand, quantity demanded reduces to 199.5. The law of supply states that, all other things remaining constant when price of a good increases then supply should increase and vice versa (Cowen Tabarrok, 2015). By the virtue of law of supply when price increases from $400 to $401, then supply increases from 200 to 201. Reference list Cowen, T., Tabarrok, A. (2015).Modern Principles of Microeconomics. Palgrave Macmillan. Mochrie, R. (2015).Intermediate microeconomics. Palgrave Macmillan. Nicholson, W., Snyder, C. M. (2014).Intermediate microeconomics and its application. Cengage Learning. Rader, T. (2014).Theory of microeconomics. Academic Press.

Prison System Essays - Penology, Criminal Law, Criminology, Deviance

Prison System Prison inmates, are some of the most ?maladjusted? people in society. Most of the inmates have had too little discipline or too much, come from broken homes, and have no self-esteem. They are very insecure and are ?at war with themselves as well as with society? (Szumski 20). Most inmates did not learn moral values or learn to follow everyday norms. Also, when most lawbreakers are labeled criminals they enter the phase of secondary deviance. They will admit they are criminals or believe it when they enter the phase of secondary deviance (Doob 171). Next, some believe that if we want to rehabilitate criminals we must do more than just send them to prison. For instance, we could give them a chance to acquire job skills; which will improve the chances that inmates will become productive citizens upon release. The programs must aim to change those who want to change. Those who are taught to produce useful goods and to be productive are ?likely to develop the self-esteem essential to a normal, integrated personality? (Szumski 21). This kind of program would provide skills and habits and ?replace the sense of hopelessness? that many inmates have (Szumski 21). Moreover, another technique used to rehabilitate criminals is counseling. There is two types of counseling in general, individual and group counseling. Individual counseling is much more costly than group counseling. The aim of group counseling is to develop positive peer pressure that will influence its members. One idea in many sociology text is that group problem-solving has definite advantages over individual problem-solving. The idea is that a wider variety of solutions can be derived by drawing from the experience of several people with different backgrounds. Also one individuals problem might have already been solved by another group member and can be suggested. Often if a peer proposes a solution it carries more weight than if the counselor were to suggest it (Bennett 20-24). Further, in sociology, one of the major theories of delinquency is differential association (Cressey 1955). This means some people learned their ways from ?undesirable? people who they were forced to be in association with and that this association ?warps? their thinking and social attitudes. ?Group counseling, group interaction, and other kinds of group activities can provide a corrective, positive experience that might help to offset the earlier delinquent association? (Bennett 25). However, it is said that group counseling can do little to destroy the power of labeling (Bennett 26). The differential-association theory emphasizes that a person is more likely to become a criminal if the people who have the greatest influence upon them are criminals (Doob 169). Most of today's correctional institutions lack the ability and programs to rehabilitate the criminals of America. One can predict that a prisoner held for two, four, eight or ten years, then released , still with no education or vocational skills will likely return to a life of crime. Often their life in crime will resume in weeks after their release. Although the best prisons and programs in the world will not cure the problem totally, improvements still must be made (Szumski 20). Prison inmates, are some of the most ?maladjusted? people in society. Most of the inmates have had too little discipline or too much, come from broken homes, and have no self-esteem. They are very insecure and are ?at war with themselves as well as with society? (Szumski 20). Most inmates did not learn moral values or learn to follow everyday norms. Also, when most lawbreakers are labeled criminals they enter the phase of secondary deviance. They will admit they are criminals or believe it when they enter the phase of secondary deviance (Doob 171). Next, some believe that if we want to rehabilitate criminals we must do more than just send them to prison. For instance, we could give them a chance to acquire job skills; which will improve the chances that inmates will become productive citizens upon release. The programs must aim to change those who want to change. Those who are taught to produce useful goods and to be productive are ?likely to develop the self-esteem essential to a normal, integrated personality? (Szumski 21). This kind of program would provide skills and habits and