Cash Flow Management in the Lawrence Simulation Essay

Cash Flow Management in the Lawrence Simulation - Essay Example It is in this situation that crisis has struck. Mayo has defaulted on payments for the weeks of 17 through 30 March. Further news is that Mayo will not be paying anything until the week of 14 April. Lawrence must negotiate with Mayo, Gartner, and Murray in order to speed up payments from Mayo and possibly further defer payments to Gartner and Murray. Borrowing from the bank is to be managed to minimize the outstanding balance and subsequent interest expense. Analysis: Lawrence faces two problems, a short-term cash-flow problem, and a larger and more significant strategic problem involving an unhealthy dependence on a single customer and lack of diversity amongst suppliers. We are tasked with the short-term cash flow problem at hand. If Mayo is allowed to proceed with delays of payment until the week of 14 April, the company will suffer a cash-flow deficit of up to $ 411,000 in excess of the $1.2 million line of credit for the period of 31 March through 13 April. Based on the existing payment schedule, there are no savings in interest expense to be gained by forcing Murray to accept delays in payments. If Lawrence chooses not to attempt a negotiation with Gardner for additional time to meet outstanding payments, the interest expense on borrowing will be $3,821 more than if Lawrence attempts to push Gartner to accept further delays in payment, regardless of the terms offered. Is the relationship with Gartner worth $3,821? How much would Lawrence spend to develop a new supplier?

Construction, operation and associated circuitry of common Assignment

Construction, operation and associated circuitry of common - Assignment Example Even so, this should not be applied in the spaces such as courtroom and conference hall, which find instantaneous controls to be important. The dimming characteritisc could be achieved through the fixing with fluorescent and incandescent as well as with HID. One of the forms of lighting is alcove lighting. It is ordinary in that it is indirect. This finds a lot of application in the fluorescent lighting, neon lighting or even rope. This can also be described as a form of backlighting. There are other approaches that could be utilized to compelement this form of lighting. For example, close-to-wall lighting, or soffit, could be utilized to bring out an appealing texture, although this has its limitations. More often than not, the effect is dependent upon the specification of the light that has been used. Recessed lighting is the widely applied feature and has fixtures that are attached to the ceiling to look appealing. The forms of lighting can utilize the narrow spotlight beams and c ould even be made with reflectors. There are also the cases when the downlights comprising internal reflector could be designed to accommodate the A-lamps. Furthermore, the downlights could be LED, fluorescent, high density discharge or indecadent (Theraj, 2001). Another form of lighting is track lighting. This form of lighting earned popularity because it was easy to install, compared to the recessed form of lighting. Its fixtures are now also made decorative and can also be attached to the walls. The current popularity of these forms of lighting rests upon its ability to use low voltage, yet they assure safety in addition to the fact that they are decorative. Their circuits are fed by master transformers through the fixtures on the rod, as opposed to the approach where even light is fed by a set of transformers.The third form of lighting is cable lighting, which is simply a modified form of track lighting. Here, the lights hang from clipped cables that rest on tension. Nevertheles s, illuminated ceiling is also another form of lighting that was popular in the 1970s. This form of lighting relied on the panels of diffusers that were suspended below the fluorescent lights. It finds a lot of application in all the general forms of lighting. Lastly, neon lighting could also be considered as a form of lighting, which mainly served an artistic function. Cul-de-sac Street lighting. Here, one of the requirement is that the luminaries should be designed so that they are in compliance with the local zoning laws. The IES Lighting Handbook offes comprehensive insights regarding the values that should be accorded to the exterior spaces. If the building program makes specifications of a flood lighting, they should be provided while the exterior lighting should be such that it blends with the external features of the buildings. Roadway and Parking Lighting. The roadway and parking lighting should be integrated with HD sources of light but should not go beyond the recommded v alues of 4 to 10 and 10 to 1 ratios. The parking areas should have luminaries that are not only efficient but also mounted on the poles. Sodium lamps may be preferable, but their impact should blend well with the environment. TASK 2 The Principles of Good Lighting Design There are various principles that have been developed regarding efficient lighting and lighting systems. The widely adopted

Causes of Different Country Rates of Development

Causes of Different Country Rates of Development Kaitlyn Kanaly Guns, Germs, and Steel Summary In Guns, Germs, and Steel, Jared Diamond is trying to answer his friend, Yali’s, question. Yali asked Diamond in New Guinea, â€Å"Why is it that you white people developed so much cargo, but we black people had little cargo of our own?† (Diamond, 1998, p. 14). Yali was referring to all of the different advantages certain societies had that resulted in prosperous populations, while others failed. Diamond centers Guns, Germs, and Steel around answering Yali’s question. Throughout the semester, we were set out to define the â€Å"big idea† of each chapter individually. The first half of this book’s â€Å"big idea† is to show how food production, domesticating plants and animals, and most importantly, how geography itself are the main factors that determined which societies became more powerful than another. Diamond supports his thesis through evidence that he reveals in each chapter. Diamond’s search for an answer to Yali’s question started off by looking at the biology of when and how the first humans evolved. Then, he concentrated on more specific societies to further support his research. During his research, Diamond still could not explain why Eurasia became the most advanced continent even though Africa had a head start. What Diamond came to find out, however, is that a society is not successful because of the color of one’s skin or how intelligent one may or may not be, but it is the geography that allows a society to either flourish or diminish. To further defend his geographic explanation, Diamond suggests that the events that took place on the Chatham Islands was, in fact, due to a geographic stand point of the Maori and Moriori people. The technologically advanced Maori society successfully conquered the considerably weaker Moriori society. Further justifying this explanation, he points out that race could not have been a factor between these two groups because the two cultures had come from the same origin and were just separated within an unmindful time frame. Diamond also looked at factors, other than genetics, that determined the differences between the two societies. He then concluded that the Moriori were unable to provide an abundance of food due to the cold climate. The lack of food put the Moriori at a disadvantage because their society was significantly weaker than the Maori’s. Aside from the production of food, the Maori people were advanced in other areas that were not possible for the Moriori because o f their geographic location. Because the Moriori were isolated on an island, they did not have the means for communication with other people, and technological ideas were unable to spread to their society. Thus, only the Maori people were rich in food production, technology, and communication because of their geographic location. Geography also has had a major effect in which parts of the world developed food production over others. Areas such as deserts or high mountains are simply not suited for agriculture, while others may support some crops, but not others. Another factor is that there are only a limited number of plants suitable for domestication. According to Diamond, being able to successfully produce food was the start for societies to also develop of guns, germs, and steel. There are a few components that influenced the adoption of food production: the decline in wild foods, an increase in plants, the development of technology, and change in population density. With less wild food available, people did not have much of a choice but to grow their own. Technology also allowed food to be produced at a quicker pace. Acquiring an abundance of food meant that societies could reach a higher population density that would, in turn, lead to many more advantages. People were able to settle in one place because of farming, which allowed more complex and advanced food production. These more densely populated societies were able to create technology, invent writing, and became immune to epidemic diseases. All three of these remarkable factors is what Diamond found to be the reasons why one society was able to conquer another. Still, there were additional factors that Diamond set out to examine. Animals also played a key role in certain parts of the world developing quicker than others: the distribution of animals around the world was also a result of geography. Eurasia was home to the most domesticated mammals, which put the people there at an advantage. These domesticated animals not only helped as an additional food source, but also provided many other services for societies. Farming was completed much easier and at a quicker pace because animals were able to pull plows and also serve as fertilizer. Animal fur was used to keep warm, and the bones were converted into various handy tools. Diamond also analyzed the way plants, food, and ideas were able to spread from continent to continent. Food production spreads most easily if one is moving east to west, because plants and animals didn’t have to adapt to a drastic change like you would going north and south, as the climate will be either the same or similar going east or west as opposed to north and south. For example, because Eurasia is spread further east and west, it was almost effortless to haul crops and animals from one location to another, which made Eurasia more successful and subsequently advanced than other parts of the world. In conclusion, there are many reasons why certain societies prospered compared to others; and it all boils down to the geography of the land. Diamond proves that beneficial aspects of geography allows societies to effortlessly grow food than others. On the other hand, there are also geographical explanations as to why food production failed in some parts of the world. Diamond confidently insists that it does not matter who is smarter than who, but rather, that the most prosperous society was blessed by the more dominant environment. In essence, those who lived in more fertile areas had a much greater chance of success. Reflection I strongly believe that Diamond does an amazing job at dissecting how and why certain continents prevailed over others. He manages to go into detail, but not too much detail that would confuse his readers. I like the fact that he keeps his findings slightly broad because it makes the story line easier to follow. The way he presents how geography plays such a major role in history is extremely powerful and intriguing. There are many critics, however, who do not agree with Diamond’s message that geography is the ultimate factor for advanced continents, rather than racial or intelligence reasons. For example, York and Mancus are more concerned with the social aspects that contributed to the rise of certain continents over others. As quoted from the Human Ecology Review: His position would be strengthened if he more fully recognized that different types of societies have different internal dynamics, and that each era has its own particular processes and contradictions (York Mancus, 2007, p. 160). I think that this is too critical of an opinion for Diamond’s work. I do not think that Diamond intended his book to be overly specific, but rather a more broad, overall explanation of how and why the world evolved the way it did. Another critic focuses on the chapter in Diamond’s book where latitude is discussed. James Blaut, a geography professor, suggests that Diamond supplies â€Å"hardly an explanation† of the development and westward spread of technology and food. According to The Geographical Review: His description fails to mention that diffusion eastward and southward from the Near East via the Indian Ocean, and southward from China through the South China Sea, was as important and as easy, as was diffusion west-ward (Blaut, 1999, p. 400). I agree with this critic that Diamond should have explored all options for the spread of technology and food before he had stated that east-west movement was the easiest way to do it successfully. However, I do not recall Diamond saying that east-west diffusion was the one and only way. Although there are critics that do not fully agree with everything that Diamond has found in his research in Guns, Germs, and Steel, I think that this book is exceptionally educational. The book has an outstanding story line that is easy to follow and is packed with intriguing information that truly gets you thinking. I can’t wait to finish the rest of the book to see what else Diamond has to say about the establishment of our world. Sources Blaut, J. M. (1999). ENVIRONMENTALISM AND EUROCENTRISM.Geographical Review,89(3), 391. Diamond, J. (1998).Guns, Germs, and Steel. New York: W.W. Norton Company. York, R., Mancus, P. (2007). Human Ecology Review. Diamond in the Rough: Reflections on Guns, Germs, Steel, 14(2). http:/www.humanecologyreview.org/pastissues/her142/yorkandmancus.pdf

Honor and Bravery in Shakespeares Macbeth :: GCSE English Literature Coursework

Macbeth: Honor and Bravery A struggle is present in every tragedy, as a person tries to overcome their flaws and fit the mold of their ideal. William Shakespeare plainly defined a good man in the play, Macbeth. Prudence and logic, temperance and patience, as well as the vindication of honor are Shakespeare's defining characteristics of a good man. Honor and bravery are Shakespeare’s defining characteristics of a good man while illogical passion and impatience are characteristics that do not characterize a good man. As with any tragedy, Macbeth's title character and hero had to fall from his place of greatness to see his faults and begin his agonizing climb back to his previous position. His position, that of a good man, was one that demanded respect in the beginning of Macbeth. The Sergeant described Macbeth's honor and bravery to King Duncan in Act I, Scene 2. For brave Macbeth well he deserves that name/ Disdaining fortune, with his brandish'd steel/Which smoked with bloody execution/Like valour's minion carved out his passage/Till he faced the slave; Macbeth defended his king's honor as well as his own, as Shakespeare showed a good man never backed down from a foe. In the later acts of the play, Shakespeare furthered the definition of a good man by portraying what a bad one was not. In Macbeth's darkest hours, he showed no sign of prudence and logic as he slayed King Duncan, and hired assassins to murder his friend Banquo. Macbeth displayed his temerity in Act IV, Scene 1 saying, from this moment â€Å"the very firstlings of my heart shall be / The firstlings of my hand. / And even now, / To crown my thoughts with acts, be it thought and done† (Act #, Scene #, Line #). Macbeth was no longer the logical, thinking man whom many admired. He had become reckless, acting with only his passion and not his mind. The tragedy of the murders he brought on fair Scotland was a direct result of this violation of the criterion of a good man. The most apparent flaws, and perhaps the most tragic in Macbeth's character, is his lack of patience and temperance. These shortcomings haunted Macbeth, causing him to let his "overvaulting ambition" rush fate, and hasten his doom. Macbeth could not wait for an appointment to a position of more power. Instead, he murdered the king to take his place.

Financial Engineering Essay

University of Stratchclyde is amongst one of the top ranking universities in the United Kingdom. The university is located right at the heart of Glasgow, Scotland’s biggest and most cosmopolitan city. The University of Stratchclyde was founded in 1796 when John Anderson, Professor of Natural philosophy at Glasgow University left instructions in his will to establish a university which should be a place for useful learning for everyone. His vision was realized when Anderson’s university opened later in the same year he died. The university developed rapidly since its inception and by the 1890s, had become a major technological institution with a wide reputation for research and learning. This rapid expansion meant that there was a need of raising more finances for opening up a new building for the university. For this purpose, a fundraising campaign was started by the governors and as a result a, the Glasgow and West of technical college building, now the Royal College Building was opened in George street(strath. ac. uk. ,n. d. ). The primary focus was on science and engineering, though it also offered some courses in management. The college was known for producing some of the best scientists and engineers of its time. In 1964, the Royal College was granted the Royal Charter and thus became the University of Strathclyde. In 1993, the University of Strathclyde merged with Jordan hill College of Education, which is Scotland’s Premier teacher training college(strath. ac. uk. , n. d). This new faculty offers teacher training alongside courses such as speech and language pathology, social work, sport and outdoor education. At the time the University received its Royal Charter, it had some 4,000 full-time students and only a single block of buildings fronted by the Royal College. Today University of Strathclyde has become the third largest university in Scotland.

Laptops in Schools

Laptop Usage in Schools The issues of laptops being used in schools are brought up throughout the whole country. Many people think that if we provide every student with a laptop, we will end up spoiling our future generation and turn them into lazy, unimaginative individuals. But with the correct usage, maintenance, and supervision, the laptop proposal can work. For one, the students would have the internet right at their fingertips, making research quick and efficient. Along with the handiness of looking up all their notes with a simple click of a button.The laptop initiative has been proven to be very effective in schools in the United States; it has increased students productivity, accountability, and convenience. Administrators who are against the initiative of laptops argue that they are a waste of money and the schools budgets cannot handle it. They also believe that laptops would be a big distraction towards the student’s education. Some parents are also concerned about their children visiting inappropriate websites, along with having access to obscene material.Little do they know, there are abundant ways in disciplining the opposing view point. It has been proven in schools across the country that if we provide every student with a laptop, the productivity in classes will go up. To guarantee these successful results, both the students and the teachers would have to have the most up-to-date software’s and access to the internet through the wireless networks at school. A laptop is an essential tool, similar to how a pencil is required for class.If everyone shows up with their prepared material, the class can accomplish an increase in quality access to technology, transform quality of instructions, increase student engagement, improve academic achievement and technology literacy, increase economic competiveness, and enhance home-school connections. Along with so many more benefits. For example, if everyone had laptops, the teacher can easily send quick links of recordings or sources that relate to the curriculum. This is a more fun way to learn for most students. This can serve a sounding board for ideas, such as interactive programs, chat rooms, emails, and instant messaging.Judging from my own experience, I would definitely prefer engaging with different resources online rather than listening to my teachers boring lectures. Therefore, if classroom activities are more interesting, than students are more likely to participate. Laptops are a great way to make things more appealing, from all the educational games that are available to enlightening videos on the web. All of these benefits do not only apply to the students, but studies show that they certainly also have a positive effect on the schools when the results of the states test come in.Incorporating laptop usage in classrooms has also proven the development of student’s accountability. Students then have no reason for any papers being lost or not being able to receive an assignment when being absent. Teachers would also have the responsibility to post up all the required materials and objectives of the course, along with frequently updating lectures and assignments. With this technology, it makes it almost impossible for a student to make up any excuse for not doing their work, considering all the information they need to know is online.By using laptops at school, students have the ability to challenge their assumptions by seeking expert advice and researching data. Having that access gives the students the responsibility to have all the accurate answers on a test or an essay. Another advantage of having a laptop as a digital teaching assistant, all of the visual medium, multi-media, and interactive programs, motivate the students to participate because they can work at their own pace while still being challenged to get to the next level.This also forces the students to think critically by examining and analyzing multiple points of vi ew by participating in online debates. Overall, it has been proven that students, who are involved with laptop usage in classrooms, are more liable to get their work done on time and more competent. Laptops, when used correctly can stimulate a different type of learning and be a great convenience for students. No more would we be sitting in class with paper and an overhead.Paper notebooks will be old school and online and internal collaboration between students and teachers will be at an all time high. Getting rid of the notebooks and moving to laptop based study will help in getting rid of text books. No more lugging around 50 pounds worth of paper. Teachers will not have lectures anymore; instead they will have multiple study guides and utilize our Internet resources to find information. Text books will now be online, where students can quickly lookup parts of reading or study guides in a matter of minutes.Notes will be in the form of think bubbles where student will type their no tes and make them so they can truly understand what is being taught. This is extremely suitable for students for the reason that, it can help them simplify complex operations, such as converting numbers to charts by using excel processor, spell/grammar check, and office PowerPoint as a visual aid for presentations. This laptop initiative can expand student’s horizons by exposing them to new concepts and information, such as virtual tours and simulations.Several individuals, who disagree on the whole laptop idea, think that students would take advantage of the internet access by constantly being on Face book, Twitter, or YouTube. In reality, this is no where true. There are already blocks in place to keep students off of restricted web sites, and with these laptops, the tech administrators will know exactly who is using the computer. So there really is no downside to having laptops incorporated in classrooms.In conclusion, the entire world is changing quickly along with the ra pid revolution of technology. Our society is changing as well and people are adapting to it just fine. So schools should immediately get on the laptops in classrooms project because, technology is going to be in our everyday life soon, and we need to start teaching computers and word processing at a young age and incorporate it into everything we do. I mean why not? It has been proven to better our student’s productivity, accountability, as well as their convenience.