The Demand And Supply Chain Network Design - 2180 Words

Introduction Due to the shift from high-end devices to commodities in PC industry, the market competition grows significantly. Thus, cost factors such as, material devaluation, scrap, write-off, price protection and discounts are changing from insignificant roles to high importance factors. In order to achieve company’s profitability in the highly competitiveness PC industry, Hewlett-Packard (HP) carried out inventory-Driven Cost (IDC) metric to help them match the demand and supply, and create value in the supply chain. IDC robustness analysis Measure design template Performance measure record sheet is used to analyse the constitution of IDC and to prove that whether IDC is clearly defined (Neely et al., 1997). The analysis is shown in table 2.1. Table 2.1 Measure Inventory-driven cost (IDC) Purpose Matching demand and supply, and to track process on improving the company’s bottom line. Related to Inventory management, manufacturing management supply chain network design Target Restore company’s profitability Formula Material devaluation (cost caused by raw material supply and parts inventory) Price protection (cost caused by changing value of the inventory held by HP’s channel partners) Excess/ obsolescence costs (including cost of inventory adjustments, end-of-life write-offs, scrap, material obsolescence and obsolete product rebate programs) Frequency Monthly Who measure Finance department Source of data Operational processes Who act on the data OperationalShow MoreRelatedSupply Chain Management Of United Parcel Services1588 Words   |  7 Pages Title Page: Supply Chain Management of United Parcel Services (UPS) Individual Research Paper Written in Fulfillment of Activity 8.5 Course Requirements for LGMT 683 October 2014 Term Embry-Riddle Aeronautical University – Worldwide December 12, 2014 By Minina Johnson â€Æ' Abstract This research paper is written to explain the importance of globalization and supply chain management of the United Parcel Service (UPS). In this document, the reader will obtain the history and development of UPS asRead MoreReport Of The Key Points From The Article Food Demand992 Words   |  4 PagesSummary of the Key Points from the Article Food demand has been grown which creates a challenge to food availability and access. Food production must expand to balance supply with growing demand, and food has to move efficiently from production to consumption site. Importantly, demand for locally-grown food in the United States has also increased sharply which makes the U.S. Department of Agriculture (USDA) implement regional and local food systems for working with farmers, wholesalers, shippersRead MoreSingle Objective Closed Loop Supply Chain Model1724 Words   |  7 PagesSingle Objective Closed-loop Supply Chain Model Jayaraman et al. (1999) developed a 0-1 MIP model to design the closed-loop supply chain of an electronic equipment remanufacturing company in the US. The supply chain includes collection of end-of-life products (core) from customers, remanufacturing and distribution of remanufactured products. In this setting, the optimal number and locations of remanufacturing plants and the number of cores collected are determined based on investment, transportationRead MoreThe Biofuel And Biomass Industry1540 Words   |  7 Pagescontinuous development of supply chain network for biofuel energy. The main aim is to determine the optimal model of supply chain for the biofuel industry, operations of biofuel supply chain, and also design a reliable supply chain network for the biofuel and biomass industries. Multiple papers have been discussed in considering various challenges present in the biofuel production market. The key objective of the paper is to maximize the profit, study the changes in dem and, calculate the efficiencyRead MoreProblem Formulation And Scope Of Supply Chain Systems1317 Words   |  6 Pagesdescribe and predict the behaviour of complex reverse supply chain systems, it is often necessary to use elaborate mathematical modelling. In the same manner, identification of the optimum operating conditions that will ensure improved supply chain performance usually renders the use of an optimisation technique essential. For the last decade, a variety of modelling research activities have been carried out to address the complex reverse supply chain optimisation problems. However, most of the researchRead MoreQuestions On Supply Chain Flexibility871 Words   |  4 PagesVickery et al. [43, p. 16] define supply chain flexibility as encompassing those flexibility dimensions that directly impact firms’ customers and that are the shared responsibility of two or more functions along the supply chain, whether internal or external to the company. (40). The 5 types of flexibility that are present in a customer focused supply chain. The dimensions includes: product flexibility, volume flexibility, Launch flexibility, access flexibility, Responsiveness to target markets.Read MoreDecision Phase of Supplychain987 Words   |  4 Pagessuccessful supply chain? Three design phases are: †¢ Supply Chain Strategy and Design. †¢ Supply Chain Planning. †¢ Supply Chain Operation. †¢ Supply Chain Strategy and Design –. During this phase, a company decides how to structure the supply chain over the next several years. Involves the allocation of resources and what processes will be undertaken. †¢ Supply Chain Planning – For decision made during this phase, the time frame considered is a quarter to a year. Look at things like demand forecastingRead MoreCase Study : Supply Chain Management1028 Words   |  5 PagesSUPPLY CHAIN MANAGEMENT IN RETIAL INDUSTRY: CONCEPTS, STRATEGIES AND WALMART CASE STUDY Mian Wang CID: 01090728 Imperial College Business School, MSc Management ABSTRACT With the rapid increase of operation cost and fast development of E-commence in today’s retail industry, traditional operation management models are antiquated. Companies attempt to enhance competitive capacity through management innovation, and an increasing amount of attention is paid to their supply chain management forRead MoreDecision Phases in Supply Chain1111 Words   |  5 PagesDecision phases in supply chain Successful supply chain management requires much decision to the flow of information, product and funds. 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Wade and Tavris Free Essays

Two of the renowned authors in the field of psychology Carole wade and Carol Tavris have been vocal in delivering psychology books which are famed for their critical thinking ideals. The topic of motivation has been high on their agenda and the two authors borrow heavily from Abraham Maslow who was a humanist psychologist. Most of Abrahams work involved ideals such as â€Å"self actualization and human potential†. We will write a custom essay sample on Wade and Tavris or any similar topic only for you Order Now Most of his work revolved around the concept of gaining fulfillment and attempting to get it by rising through various levels of needs. This as Abraham came to describe is the â€Å"hierarchy of needs† which is a pyramid. Abraham described it as one that provided â€Å"motivational strivings† for people to achieve its various stages. Maslow proposed a number of levels that make up the pyramid (Abraham, 1999). The bottom level contains basic needs; the second level contains security needs, with affection and belonging being in the third level. The fourth level contains self respect and self esteem needs while the last and fifth level is the self actualization (Wade and Tavris, 1998). Maslow emphasized the needs to fulfill the basic needs to some certain degrees before the other stages in the pyramid can be attained. Wade and Travis describe motivation as â€Å"an inferred process within a person or animal that causes movement either toward a goal or away from an unpleasant situation†. The authors argue that a competent animal will obviously have motives to achieve. Thus people will generally have the tendency of going through the various stages in the hierarchy of needs and thus possess goals and aspirations. The two individuals assert their positions that goals will have the effect of improving motivation but they have to be pegged on certain conditions. The two argue that in order for the goals to improve motivation then some of the characteristics that they have to posses is that they should be specific, challengeable but achievable and framed in such a way that what is being wanted supersedes what is unwanted. Wade and Tavris go further to describe types of goals which are performance and mastery (learning) goals. The two describe performance goals as those that are framed in such a way that an individual has enhanced performance in front of others and thus is judged favorably with little or no criticism being directed in his direction. Masterly (learning goals) on the other hand are framed in such a way that the individual works towards increasing his competence and skills. With these the two authors suggest that an individual’s main motivation will be to perform well in front of others or learning the skill for the satisfaction of it. The two renowned personalities tend to argue that praise may not be a motivation and they show this by giving an example of how a child may loose the pleasure or motivation of learning if the child is being praised for being smart. Motivation is regarded as one of the powerful tools that has the capability of enhancing performance and when the right form of motivation is found then the individual will achieve higher. Self efficacy which is an individuals belief that he they are capable of attaining goals, being efficient and learning new skills is one of the best motivations that an individual can have (Bandura, 1997). However the motivation will only work when the goals that are desired are achievable and thus the expectation that is pegged to the motivation should coincide with the attainability of the goal. How to cite Wade and Tavris, Papers

Can The Arts Influence Change In Society Essay Example For Students

Can The Arts Influence Change In Society Essay Our society today is a visual one that is inevitably influenced by the by the arts: painting, prints, photography, movies, television, and literature. Artists have used their medium as a way to influence peoples opinions throughout history, for both noble and corrupt purposes. In doing so, the aim of the artist is to convey the facts of an issue and influence peoples opinions to either garner support or disapproval for a particular cause. In recent years the arts have become increasingly politicized, especially in cinema. So, for the purpose of this paper, I will focus mainly on that medium. Take for example the movie Syriana, an Academy Award winning geopolitical thriller. Syriana, adapted from former CIA agent Robert Baers memoir, See No Evil, focuses on the vast influence of the oil industrys political, economic, legal, and social effects, such as corruption, poverty, and terrorism. Ultimately, the film tries to illustrate the United States dependence on foreign oil and the ill effects of multinational corporations manipulating global politics for their own profit. Michael Moores 2003 Academy Award Winning movie, Bowling for Columbine, is another example of a movie influencing society. In the movie Moore tries to explore the reasons and causes for the Columbine High School massacre, other acts of gun violence, and why the United States has higher rates of violent crimes than other developed nation in the world. The movie focuses on the background and environment in which the massacre took place, and some common public opinions and assumptions regarding gun violence. The film uses an informal, artistic look into the nature of gun violence in the United States, focusing on guns as the controversial symbol of American freedom and its possible paradoxical self-destruction. Although highly controversial, due to the exposure in Bowling for Columbine, K-Mart, where the two boys responsible for the Columbine High School massacre purchased their ammunition, announced it would stop selling ammunition in its stores. Another movie that had a powerful effect in society is Morgan Spurlocks 2004 film, Super Size Me. The film follows a period in which Spurlock eats only McDonalds fast food, three times a day, every day, for thirty days, eating everything on the McDonalds menu at least once. Super Size Me documents the physical effects the food has on him. In addition, Spurlock explores the corporate influence of the fast food industry and how it encourages poor nutrition for its own profit. Spurlock, age 33 at the time of filming, was healthy and slim, at 6 feet 2 inches with a body mass of 186 lbs. In three separate medical examinations before he starts his McDonalds diet, three different doctors give him a clean bill of health. After thirty days, he has gained 24 lb, an increase of 13% of his body mass. He has also experienced headaches, sexual dysfunction, lethargy and liver damage. It took several months to lose the weight he gained and return to normal health. The driving factor for Spurlocks investigation was the increasing spread of obesity throughout our society, which the U. S. Surgeon General has declared an epidemic. Subsequent to the showing of the film at the Sundance Film Festival, where it won best documentary, McDonalds phased out its super size meal option, and began offering healthier menu items in addition to its customary fare, although McDonalds denied that this was in reaction to the movie. Literature has also played an important roll in influencing society. Two books worth mentioning are Ralph Naders 1965 book, Unsafe at Any Speed, detailing claims of resistance by car manufacturers to the introduction of safety features, like seat belts, and their general reluctance to spend money on improving safety. The other is Rachel Carsons 1962 book, Silent Spring, which alleged that DDT caused cancer and harmed bird reproduction by thinning their eggshells. .u09cf4ca5f5453d4dcab98ac9bf14aa7f , .u09cf4ca5f5453d4dcab98ac9bf14aa7f .postImageUrl , .u09cf4ca5f5453d4dcab98ac9bf14aa7f .centered-text-area { min-height: 80px; position: relative; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f , .u09cf4ca5f5453d4dcab98ac9bf14aa7f:hover , .u09cf4ca5f5453d4dcab98ac9bf14aa7f:visited , .u09cf4ca5f5453d4dcab98ac9bf14aa7f:active { border:0!important; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .clearfix:after { content: ""; display: table; clear: both; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f:active , .u09cf4ca5f5453d4dcab98ac9bf14aa7f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .centered-text-area { width: 100%; position: relative ; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f:hover .ctaButton { background-color: #34495E!important; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f .u09cf4ca5f5453d4dcab98ac9bf14aa7f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u09cf4ca5f5453d4dcab98ac9bf14aa7f:after { content: ""; display: block; clear: both; } READ: CDA Assignments EssayThe book resulted in a large public outcry, which eventually led to the insecticide being banned for use in the United States, and was one of the events in the birth of the environmental movement. There are countless other examples of the arts influencing society and leading to change throughout history and in contemporary times. Whether its dealing with discrimination, social justice, poverty, protecting the environment, public safety, corruption, etc. , the arts can be a powerful tool for change in the world.

Sitting Bull Essay Example

Sitting Bull Paper If we live to the biblical life-span of three score years and ten, then the vast majority of our life-cycle will be spent in adulthood an area about which little was known in terms of psychological theory and research until fairly recently. Indeed Levinson et al (1978) go so far as to describe adulthood as one of the best-kept secrets in our society and probably in human history, generally . Can it be possible that by applying the psychological perspective of a theory of lives to an adults passage through life that we could gain a better understanding of an individuals life structure or as Levinson (1978) describes the concept the underlying pattern or design of a persons life at a given time (quoted in Sugarman p. 103)? In an effort to answer this question, I have chosen to examine the life of possibly one of the best known Native American Chiefs namely Sitting Bull (Tatanka-Iyotanka) of the Hunkpapa Sioux. I chose to read 2 biographies on Sitting Bull and although both are on the same person, the authors use different approaches to provide insights into the mans character. The main theories of lives which I chose to apply in this assignment were those of Erikson, (with particular reference to his development of ego strengths) and Maslow, since I felt that they were likely to be more relevant, given Sitting Bulls cultural background, then a more modern theory such as Levinsons. We will write a custom essay sample on Sitting Bull specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Sitting Bull specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Sitting Bull specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Also, much of Eriksons research was done amongst the Sioux Indians while if we were to look at the fifteen characteristic traits of self-actualising people as identified by Maslow (quoted in Sugarman, pp. 31-34), then it could certainly be suggested that Sitting Bull was operating successfully at some, if not indeed all, of these levels. Stanley Vestals biography Sitting Bull Champion of the Sioux (3rd ed. 1989) approached the character of Sitting Bull by way of the literary method after spending 5 years gathering information for the original edition of the book in 1932. Vestal spent much of his youth living in Indian Territory, playing games with Cheyenne and Arapaho boys and consequently developing what would seem to be an abiding interest in their culture. Upon deciding to write a biography on Sitting Bull after the first World War, he returned to Sioux country where there were still tribal members living who had experienced Indian life firsthand along with some who had known Sitting Bull personally. It is worth mentioning here that only those who actually knew the Sioux and could merit their confidence were able to secure factual data so perhaps a strong point in Vestals favour, at least from my personal point of view, was the realisation that he had obviously gained enough of the Siouxs confidence to be adopted, as a son, in 1929 by One Bull, a nephew of Sitting Bull; who along with another nephew, White Bull (supposedly the Indian who actually killed Custer at Little Big Horn) provided their support and co-operation to enable their uncles life story to be printed. Indeed for more than half a century, Vestals work dominated book-shelves as the standard biography of Sitting Bull, a fact acknowledged by Robert Utley in my other chosen reading The Lance and the Shield: The Life and Times of Sitting Bull (1998) which builds the character of Sitting Bull by historical method; although he does admit that sources he used provided him with enough persuasive evidence to corroborate the essence of the image recalled for Vestal by White Bull, One Bull and the other Indians of the 1920s The problem which Utley seems to suffer from is similar to the one which I also faced when attempting to apply the relevance of a theory of lives to Sitting Bulls life-history in that it is difficult to look at him in terms of his cultural norms and not mine, although there are occasions when it has been possible to use what little knowledge I have learned about his culture to perhaps better understand his motivations or at least not pass judgement on him through my lack of understanding. Sitting Bull was born in March 1831 at Many-Caches on the south bank of Grand River, South Dakota. As a child he was nicknamed Slow, seemingly because even as a child, he did not instantly put food from his hand to his mouth (as is the habit of most babies) but instead held the food in his hand, constantly turning it over and looking at it before deciding to eat it although once he accepted it, however, he never let go (Vestal, p. 3), and as we will discover this tenacity was a characteristic which he maintained right up to the day that he died. Even as a child, Sitting Bull was proud of his nation and longed for the time when he could share the brave adventures of the warriors. We need to understand here that to the Sioux prestige, especially won on the warpath was an all important dream so it seems small wonder that at the age of 14, Sitting Bull was so eager to prove to the Sioux that he was a man that he followed his father and other warriors on a raid against the Crow where he successfully achieved the goal of every Indian warrior namely counting coup, i. e.touching or striking the enemy with the hand or with a coup-stick. Although our culture may find it difficult to comprehend, Indians regarded hand-to-hand combat as the only manly form of battle even after they had obtained long-range weapons because the prime object of Plains Indian warfare was not bloodshed or manslaughter of the enemy, but a way of distinguishing oneself. Consequently, counting coup was rated by the Indians as a more greater war honour than the mere killing of an enemy and indeed all their social privileges were dependent upon achieving as many coups as possible. Small wonder then that at age 14, Sitting Bull appeared to be particularly concerned with finding his own personal space in Sioux adult society. He certainly seems to have obtained formal operational thought as defined by Piaget in that he could think what others would think of him, because before riding off to join his father and the other warriors, he was able to conceive that had he informed his mother and his two sisters of his intentions then they would soon remind him that he was just a boy, only fourteen years old (Vestal, p. 8), and also of how upon catching up with the other warriors he felt the silent disapproval of these men (Vestal, p. 8). At this stage of his life, Sitting Bull might be seen as matching Eriksons 5th stage of psychosocial development, since he seems to have gained some understanding of the values and beliefs of his culture to which he felt he must show commitment and loyalty, thus he appears to have been successful in producing the ego strength of fidelity whereby the need is felt to be true to ourselves. Indeed, Erikson suggests that the achievement of a sense of self-identity can carry people through difficult times in their lives and provide them with a feeling of being at home in ones body, a sense of knowing where one is going and an inner assurance of anticipated recognition from those who count (Gross p. 633) It might also be suggested that even at the young age of 14, Sitting Bull seems to be motivated to address himself to the 4th level in Maslows hierarchy of needs self esteem, since he appears to be seeking a high level of self-respect and also respect from others which, when satisfied, leads as Maslow suggests to feelings of self-confidence, worth, strength, capability, and adequacy, of being useful and necessary in the world (Maslow, 1970, p.45 quoted in Sugarman, p. 31). Having achieved a sense of adult identity, Erikson suggests that the developmental task of early adulthood is to achieve the ego strength of love achieved through the establishment of intimacy the adaptive outcome of his 6th psychosocial stage. The maladaptive outcome of this stage is isolation, although it should be stressed here that Erikson does not see these adaptive/maladaptive personality outcomes as either/or alternatives, suggesting instead that every personality represents a mixture of both with healthy development involving the adaptive outweighing the maladaptive. With regard to Sitting Bulls exploits in early adulthood, it should be recognised that Sioux mores exalted female chastity a point seemingly observed by General Sully in his official statement that the females of the wild bands of Sioux, called the Teton Sioux, set an example of virtue worthy of being copied by any civilized nation (Vestal p. 24).

Frankenstein5 essays

Frankenstein5 essays Protagonist: The protagonist in the novel is Victor Frankenstein. He is the main character who contends with the conflict in the novel. His decision to create life provides a problem that he attempts to escape but eventually marks his death. Antagonist: The antagonist in the novel is also the protagonist, Victor Frankenstein. Victor may have directed all of his hate and blame towards the monster he created, but is worst enemy lay within himself and his refusal to accept responsibility for his actions. Conflict: The main conflict in the novel is based on the monster Victor Frankenstein created in his laboratory. He neglects his responsibility to the monster he created by ignoring its existence, and his cowardice leads to inner feelings of guilt and unhappiness that ultimately cause his life to unravel and the people he loves to perish. His refusal to be accountable for his action brings the misery and misfortune that constitute the foundation of the novel. Chronology: Robert Walton writes in his first letter to his sister Margaret Saville about his desire to explore the world. His second letter then tells about his preparations for a crew and more about how he desires to explore the unexplored. In this letter he also explains how he wishes he had a friend to share his life with. In his third letter, he tells how the voyage is underway and going well. His fourth letter tells how the ship became trapped between floating blocks of ice and, after being freed, the ship encounters and takes aboard a man who was stranded on floating ice. Walton tells how the man is in wretched condition and is very melancholy. He tells how he gradually befriends the man and, after talking for some time, the man agrees to tell Walton the story of his life and how he came to be where he is now. His name is told to be Victor Frankenstein. Walton, during the narration, takes notes in the form of a letter for Margaraet. Victor Frankenstei...

A Thousand Splendid Suns Narrative Strategies Essay Example for Free

A Thousand Splendid Suns Narrative Strategies Essay ? A Thousand Splendid Suns the reader would think it’s a happy novel, however there’s nothing particularly â€Å"splendid† one would assume about the novel. From the very beginning of the novel the author, Khaled Hosseini inserts hints and foreshadowing to aware the reader that it will be an unhappy story. This is evident in the following illustration when Mariam breaks the sugar bowl , â€Å"It was the last peice that slipped from Mariam’s fingers, that fell to the wooden floorboards of thekolba and shattered† (Hosseini 2). Hosseini is generating depressing emotions in the novel by introducing words † fell† or â€Å"shattered† resembling failure or sin. The reader also gets introduced to the word â€Å"Harami† and other words, such as â€Å"kolba† and â€Å"Jinn† which are terms not identified by the author, so the reader must rely on the context to better understand what the word means. For example, when Mariam expresses the fear that the â€Å"jinn† has returned to her mother, the reader will assume that jinn is something bad. The use of these terms establishes the setting , but also signifies that some things cannot be translated remaining a mystery for the reader. In the novel , Hosseini makes the reader live, see and feel by portraying the experiences the characters are going through in the novel, and by writing from a third person point of view , he broadens the readers ability because the perspective of the characters is limited, sometimes Mariam, sometimes Laila, which works to great effect to attach the reader to both characters equally. A Thousand Splendid Suns Narrative Strategies. (2018, Oct 28).

Bilston case study Essay Example | Topics and Well Written Essays - 1000 words

Bilston case study - Essay Example . In addition, the company must characterized some of the costs as fixed costs. The fixed cost are electricity, general and administrative, rent, depreciation expense, interest expense, and other factory costs. The company must some fo the costs as fixed costs. The variable cost are labor cost, raw materials, and repairs (Abele 2008). II. The standard contribution marging includes the variable costs and the fixed costs elements. Table 1 shows that the contribution margin for the wood screws is .0117. This is arrived at by deducting the variable costs from the revenues. The variable costs are the labour cost, raw materials costs, and the repairs costs. Table 2 shows that the contribution margin for Self Taffers is 0.0251. This is arrived at by deducting the variable costs from the revenues. The variable costs are the labour cost, raw materials costs, and the repairs costs. Table 3 shows that the contribution margin for the wood screws is .0118. This is arrived at by deducting the vari able costs from the revenues. The variable costs are the labour cost, raw materials costs, and the repairs costs. Display of the company’s Profit and loss account for 2009 in contribution format. Table 4 shows that company’s profits and loss account for 2009 for its wood screws products. The company generated profit of 295 for the said year. Table 5 shows the revenues of its self taffers products for the year 2009. Table 6 shows the company’s Nuts and Bolts division’s profits and loss account for 2009 for its wood screws products. The company generated a loss of (219) for the said year. Table 6 shows the revenues of its self taffers products for the year 2009. The above discussions show that the company did not fare well in the two remaining product lines. On the other hand, the company did well in one of the three products scrutinized (Besley, 2008). III. Discussion of the company’s proposal to drop one of its failing products. Starting in January 2010 (based on 2009 figures). The company should not drop the nuts and bolts in January 2010 if the basis for the dropping is the 2009 annual income statement result. Continuing with production of the nuts and bolts generates a lesser loss of only 219.00 However, dropping the nuts and bolts section of the company’s production department would force the company to continue paying the fixed expenses. The fixed expenses are higher than the net loss of only 219.00 (Dubrin, 2008). IV. Discussion on whether the company should reduce prices of the wood screws to ?2.25 in the second half of 2010. The company should drop the price from to the lower 2.25. The lower price will generate a higher volume of revenues from 750 units to the higher 1,000 units. In addition the results of operations at 2.25 is higher than the results of operations for the prior higher selling price of 2.45 (Khan, 2006). V. The company’s total company profit forecast for second half 2010 assuming the pri ce of woodscrews is dropped to ?2.25, again taking account of the variances. Table 7 shows that company’s woodscrews products will be sold at a lower selling price of ?2.25. The table 7 financial statement shows that reducing the price from 2.45 to 2.25 is a good management decision. The reduction in the selling prices generates an in crease in the revenues by 250,000 units. The results of operations for the 2.25 price is better than the result sof operations pegged at 2.45 price (Moyer, 2009). IV. Long term prospects for Bilston.The fixed