Operations Management Assignment Example | Topics and Well Written Essays - 2000 words - 2

Operations Management - Assignment Example simulation of safety engineering, training, education process, video gaming and technology for the purposes of optimizing performance. To study simulation models computer experiments are used. At advanced level simulation is used with scientific modeling of human systems and natural systems to enable researchers to gain full insight of these human and other natural systems. In addition, simulation can be used to indicate the eventual real effects of some alternative courses and conditions of action. This operation process is also used where real systems are not applicable since they are not accessible or they are not acceptable to be used (Greasley, 2004) There are several softwares that are used in simulation process as an operation process in companies and other institutions. These softwares are classified into two major categories open source software and proprietary software. Open source software include ASCEND, DWSIM, Sage and GNU Octave. The proprietary softwares include Arena software, AMESIM and APmonitor (Buckley, 2005) In this report the simulation software used to carry out the operation analysis of the discrete-event model is the Arena software. Arena is a discrete event automation and simulation software that was developed by Systems Modeling and was acquired by Rockwell Automation in the Year 2000. This software uses the SIMAN processor and simulation language. In this software the user must build an experiment model through placing models that show the logic or processes. Lines are used to join or connect these modules together, as well as, showing the flow of different entities. The modules have specific actions compared to flow, entities and timing. The precise representation of these modules and entities relative to real life objects depends on the decision of the modeler. Using this software statistical data like work in progress and cycle time levels are outputted and recorded as reports. This software is integrated with Microsoft technologi es such as visual basic for applications for further automation in cases where specific algorithms are required (Altiok & Melamed, 2007). The software also supports importation of Microsoft Visio flowcharts. Moreover, the software allows outputting to or reading from excel spreadsheets, as well as, access databases. Problem description The problems that the Arena software is used to solve in this report are problems of determining the breakeven point, total cost incurred before breakeven point, the profit earned by the company at a given units of product sold of a given company and also the determination of point of indifference in production. This report uses two case studies that are analyzed using the Arena software. In the first case the company is considering to add a new line of production, which requires leasing new equipment for a monthly payment of ?6,000. The company’s variable costs would be ?2 per unit and they would sell for ?7 each. The company’s manageme nt needs to determine the number of units needed to be sold in order to break-even. Secondly, the company would like to determine the profit or loss it will make if 1,000 units are made and sold in a month. Thirdly, the company needs to know the number of pies it requires to sell in order to realize a profit of ?4,000. Finally, the company would like to know if it sells 2,000 units, and the profit target is ?5,000, then what price it should

TAKE HOME EXAM Essay Example | Topics and Well Written Essays - 1250 words

TAKE HOME EXAM - Essay Example Kennedy, on the other hand, wore some make up and as a result, the lights favored him as he seemed cooler as well as more collected than Nixon. In this paper, I will look at ways in which television revolutionized politics and how it ushered in a new political environment since the presidential debate between Kennedy and Nixon. For the individuals who watched the debate on TV, most of them believed that Kennedy came out the victor of the debate. This was mainly attributed to the way he presented himself. People tend to pay more attention to someone who presents himself as a neat and orderly person than to an unconditioned and shabby looking person especially if he is vying for the presidency. For those who listened to the radio, Nixon won the debate because of his deep and strong radio appealing voice. This debate was historical not only because it was televised but also because before the debate Nixon was the favorite candidate but after the debate, everything changed. Kennedy was e lected president thanks to his captivating performance in the televised debates (Philips, 1960). As a new medium, television changed presidential elections as radio voice was no longer convincing enough as compared to television campaigns. From this moment on, politics underwent significant revolutionary changes as television became central to shaping the political landscape. Elected officials and qualified candidates vying for office began using television as a way of speaking directly to the electorate in the 20th century. Producers and network executives used this opportunity to introduce programs in which they host politicians in their bid to win over millions of people. This has led to a generation of sound bite shows, talk shows and massive political news coverage on television. Notably, political spending has immensely increased with a lot of it spent on advertising campaign aired on television. It, therefore, goes without saying that television plays a pivotal role in politi cs as a general sector, as well as individual political careers. The introduction of television into the political scene was a timely feature as it changed the packaging of political news. The way politicians look as they deliver their political message is very important since no one would want to repeat Nixon's mistake. The image they display on the screens as they convince people about their agenda is central to attracting and maintaining the attention of the viewers (Lang and Lang, 2002). Most of the politicians spend their time searching for funding for their campaigns. Clearly, their success in elections depend their ability to pay for airplay for their commercials on television because they use it to advertise their virtues as well as their agendas to the electorate. However, the cost of these advertisements has become so high that it determines the success or failure of a candidate. According to Hewitt (2000), the involvement of television, and politics was the result of that memorable debate between Kennedy and Nixon in 1960. That was the moment legislators realized that television could make one's political career a success. Television moguls were also not left behind as they saw an opportunity to make a lot of money from political advertisements. Ever since television could be used in