Bridgeton Industries Essay Example for Free

Bridgeton Industries Essay 1. Describe the competitive environment for Bridgeton as well as the cost accounting system currently in use. When foreign competition and scarce, expensive gasoline began to play an important role in the market, Bridgeton began to lose domestic market share. The ACF Bridgeton plant faced new challenges in their production that led them to serious cutbacks like the closing of the ACF plant for manufacture of fuel-efficient diesel engines. By 1987, they classified their products in terms of â€Å"world class† competitive position and potential. With four criteria (quality, customer service, technical capability and competitive cost position) they classified their products in Class I (remain), II (observe) and III (outsource). The classification allowed Bridgeton to take decisions on how to better manage their products performance compared to their competitors. The cost accounting system was product costing, a mixed between job costing and process costing. 2. Explain why manifolds moved from Class II to Class III after oil pans and muffler-exhaust systems had been outsourced from the ACF. Despite improvements in the production process manifolds were downgraded from Class II to III. The results were not sufficient, even though they increased the uptime from an average of 30% to 65% they were behind their Japanese competitors that reached a â€Å"world class† goal of 80% uptime. In addition, as seen in Exhibit 2, the direct material costs for manifolds (based on stainless steel) is extremely high as a percentage of sales (around 40%) compared to the other products manufactured at ACF and at a better Class level. However, there was a doubt on this move due to the possibility of new market requirements for lighter weight (more efficient manifolds). This represented a good opportunity for ACF because as they manufactured manifolds with stainless steel, demand could increase and therefore selling price too.

Graduation Speech -- Graduation Speech, Commencement Address

Are you ready for the real world? Will I am ready, and I want to help you out. ... I want to pump you up! Tonight marks a turning point in our lives as young adults. This milestone of graduating with a high school education has come at last. And yet, knowledge does not exist solely in scholarly facts, but more so in the relationships and friendships that we have forged along the way. Albert Schweitzer once said, "At times our own light goes out and is rekindled by a spark from another person. Each of us has cause to think with deep gratitude of those who have lighted the flame within us." As I look at the graduating class of 2012 I am reminded of the unique gifts each one of us has to offer the world. We are artists, poets, playwrights, comedians, singers, musicians and athletes. We are dreamers, believers, thinkers and doers. We are strong-minded, determined, truth-seeking, hardworking and compassionate. But who showed us the way along our journey, and how do we know if we are stayi ng the course? Family has and always will be one of the most important things in our lives. Look around this gymnasium and take in the love and support that our parents, friends, teachers and administrators are showing for us by sharing with us this special night. Here at Young, parents and teachers have had an unspoken agreement of joint custody for years. Whether that be tucking us into our bed at night or tucking us into our desk in the morning. We will never forget the words of encouragement. I will always remember Mr. Gann's "You miss school, you miss out," or Mr. Fellows' "Lack of planning on your part does not necessarily constitute an emergency on my part." I don't have to think hard to remember the smell of freshly baked hoagie bread on Wednes... ...ge. Do you know that you are very strong? The next page is the end of this book, and there is a Monster at the end of this book. Oh, I am so scared! Please do not turn the page. Please, please, please. Well look at that! This is the end of the book, and the only one here is . . . me. I, lovable, furry old Grover, am the Monster at the end of this book. And you were so scared! I told you and told you there was nothing to be afraid of. Oh, I am so embarrassed ..." All of us are like Grover, in that we could let our fears take hold to inhibit us and keep us from getting what we truly want. But it isn't until we truly realize that sometimes, in order to face our fears, it can be as easy as turning a page. Having the courage to be the person you are and want to be. And so I would like to congratulate the graduating class of 2003, and I thank you for all the memories.

Statistics and Psychology

There are numerous applications of statistical reasoning and research methods in the field of psychology. From simple aspects of reading and interpreting psychology articles, to completing personal research, statistics is a necessary concept to understand. The scientific method is essential to research, and many of the concepts cross the lines into statistics. It is also imperative for us to compare and contrast the characteristics of primary and secondary data. Ultimately, the focus of these topics centers on the application of statistical reasoning in psychology.Statistics in Psychology One might ask themselves how mathematical concepts could possibly apply to psychology. The answer is simpler than many imagine, all one has to do is focus on the interpretation. Reading psychology research articles is a common occurrence for anyone in the field. Without the ability to understand the jargon, tables, graphs, and other aspects at the heart of statistics, one is unable to truly process the findings of research (Aron, Aron, & Coups, 2009). Research is an iatrical part to nearly every field of psychology, but especially those who seek to answer questions and gain insight to problems.Most fields of psychology –including counseling and clinical focuses- require answers to questions (Aron, Aron, & Coups, 2009). Answering questions requires some form of research, which uses statistics on some level. To answer many of these questions, research is done with some application of the scientific method. Research and the Scientific Method When searching for the answer to a problem, most go about it in an orderly way. The research done in the scientific method is simple application of systematic and logical steps to problem solving (Cowens, 2006).Using the five-step process allows researchers to examine any inquiry. The Five-Step Approach The first step is to determine a problem to solve, or make an observation (Cowens, 2006). This can be a simple question or a more comp lex desire to understand how or why something works. For instance, a psychologist seeks to understand why certain object triggers rage in a patient. Step two is to determine a hypothesis (Cowens, 2006). A hypothesis is usually a speculation or idea about how or why something happens. This step seeks to predict the outcome or reasoning of the problem.The psychologist may form the hypothesis that the object triggers rage because the patient associates the object with past trauma. Now it is time to test the hypothesis. Experimentation and research enters the picture for this step (Cowens, 2006). To test the hypothesis, the psychologist may use sessions or questions as research. They may also try other objects, or use hypnosis to recall the trauma. Recording the observations is an essential step in the scientific method (Cowens, 2006). All observations are important, and frequency tables, graphs, and charts explore the statistical application of the scientific method.In addition to thes e, psychologists may use notes to explore the reasoning. The final step is drawing a conclusion (Cowens, 2006). The purpose of this step is the interpretation of the findings. The results may either support the hypothesis, or raise new questions to explore. The psychologist may find no past trauma, and determine that all purple objects trigger both rage and fear. They then will seek a new hypothesis to begin a new search for answers. Primary and Secondary Data In any aspect of research, it is imperative to consider the validity of results.Primary data is described as data observed or collected directly from first-hand experience (Triola, 2010). Secondary data is published data, or data collected by others (Triola, 2010). Primary data is preferred in research because the knowledge is obtained first-hand, where secondary relies on the observations of others. For instance, more accurate results in a weight study will come from the direct weighing of the patients than asking them their weight. Statistics in Research Psychologists use univariate principles when they measure only one variable and multivariate procedure when using variables to ascertain relationships (Chow, 2002).Psychologists often use statistics to identify areas of research interest. In testing a hypothesis, many researchers need to turn questions into testable numerical data. One of the most common statistics applications is the testing of the null hypothesis. The null hypothesis involves the original claim –like 50 out of 100 patients see success in regression techniques to overcome phobias- and turning it into a mathematical claim (Â µ = 50). The alternative hypothesis represents the difference of a claim, or the probability that it is untrue because the test statistic is outside the given range (Â µ ? 50).These claims are tested, and if it is found that less than 50 patients saw success with regression techniques, then researchers are able to use statistical reasoning to disprove the statement. Overall, statistical reasoning is extremely important in the interpretation of research results obtained through the scientific method. Personal Application The concepts discussed throughout this paper have focused on many answers this author hopes to find in her professional life, and has pursued in her personal life. The author cited the example of rage and fear caused by purple, because her nine-year-old sister suffers problems with this concept.After many trials, tests, and visits to therapy, we were able to determine that she associated the color with Barney the dinosaur, and she cross-associated Barney with a fear of dinosaurs coming back to life in an old movie. Although a simple study, it had great impact on this author’s life, and her future pursuit of psychology. Conclusion Statistical reasoning in psychology may seem like a contradiction to many. However, any pursuit of answers requires research –which employs the scientific method and statistics. We have determined primary data to be more beneficial and reliable than secondary data.We have also applied the concept of hypotheses to statistics and basic research. In conclusion, even simple understanding in psychology is often related to statistical reasoning. ?References Aron, A. , Aron, E. N. , & Coups, E. J. (2009). Statistics for psychology (5th ed. ). Upper Saddle River, NJ: Pearson/Prentice Hall Chow, S. L. (2002). Statistics and its role in psychological research. Methods in Psychological Research. Retrieved October 3, 2010 from ProQuest database. Cowens, J. (2006, August/September). The scientific method. Teaching PreK-8. (37)1. 42. Triola, M. F. (2010). Elementary Statistics. (11th Ed. ). Boston, MA: Pearson.

Challenges for Alzheimers Disease Therapy - Free Essay Example

Sample details Pages: 1 Words: 314 Downloads: 6 Date added: 2019/04/12 Category Medicine Essay Level High school Topics: Alzheimer's Disease Essay Did you like this example? A Challenging Road: Alzheimers disease gets worse within a 20-year span, but most people survive between four to eight years. At certain times, it can become a challenging road not only for the Alzheimers patient but for those who love them. How Alzheimers Causes Death? The final stages of Alzheimers cause a person to become helpless to do their daily activities. Don’t waste time! Our writers will create an original "Challenges for Alzheimers Disease Therapy" essay for you Create order It causes problems within the bowel and bladder of the patient, causing a decline in their appetite, leading them to lose their capability to swallow, which further causes a lack of food intake which is likely to lead to the need of aspiration. Within these conditions of health, Alzheimers is causing problems making the disease symptoms become worse forcing them to become accustom to illnesses. A weakening in the immune system is caused by Alzheimers which effects the body by making it helpless against other sickness or disease that lead to death. Treatment of Alzheimers Many medications have known been acknowledged by the U.S. Food and Drug Administration (FDA) to use for Alzheimers patient which will help in reducing the effect of the symptoms and remove it for a period of time, like memory loss. Treatment for Mild to Moderate Alzheimers Medications called cholinesterase inhibitors has been prescribed for mild to moderate Alzheimers disease. These medications may help decrease some symptoms and help regulate some behavioral symptoms. The medications are Razadyne (galantamine), Exelon (rivastigmine), and Aricept? ® (donepezil). Treatment for Moderate to Severe Alzheimers A medication known as Namenda (memantine), an N-methyl D-aspartate (NMDA) antagonist, is prescribed to treat moderate to severe Alzheimers disease, which used to decline the effect of symptoms, later enabling patients to sustain specific day-to-day tasks for a longer period of time without prescribed further medicine. Namenda is assumed to operate by regula ting glutamate, an important brain chemical. If formed in large chunks, it can kill patients brain cells.