Wednesday, February 26, 2020

Nature vs. Nurture Essay Example | Topics and Well Written Essays - 500 words

Nature vs. Nurture - Essay Example Since the introduction of fuel consuming vehicles in the society, there has been a rapid increase in the concentration of greenhouse gases in the atmosphere. Cars are everywhere on the face of earth. There is hardly any region where people still travel on foot, and don’t use cars. Cars consume fuel. As the fuel burns, it releases chloro-flouro carbons into the atmosphere, which in turn, result into an increase in the concentration of greenhouse gases. Increase in the content of greenhouse gases has caused the temperature to rise in general. In addition to that, our reliance on the vehicles in daily life has made us lazy and laggard. We tend to avoid traveling on foot as long as we have cars with us. Reduced physical activity has caused many of us to put on weight, and people have become obese in large numbers. Like global warming, obesity is an equally big social issue in many advanced countries in the present age. Although there are many other factors that lead an individual to obesity, yet lack of walk is an important factor that causes obesity in people. I believe that in order to cater for these problems, we need to avoid use of vehicles that consume oil. I use a vehicle that does not consume any fuel, and also allows me to put in physical exertion. I have a bicycle. Wherever I have to go, I use it. Not only does it save time, but is also very environment friendly and also keeps me physically fit as I have to constantly keep rotating pedals to drive the bicycle. In addition to that, I also take other measures to stay physically fit. I dislike obesity and believe that it ruins an individual’s looks. I am a big fan of healthy food, and have always tried very hard to keep stuck to one. To me, health is more important than wealth. I tend to be indulged in more and more physical work because exercise is the treatment of obesity (Queen). I believe that increased use of vehicles in the modern age has

Monday, February 10, 2020

How to reach an accurate demands forecasting to avoid bullwhip effect Essay

How to reach an accurate demands forecasting to avoid bullwhip effect in the manufacturing level and lose of sales in the retailer level in the supply chain for finished goods - Essay Example he research methodology to be undertaken to find answers for the research question for controlling the bullwhip effect right from manufacturer’s level to retailer’s level. And VMI is just one of the methods and the research has to a long way to identify an ideal method. . According to the survey of the U.S. Commerce Department reported in 2002, trade in the United States is characterized by $ 1.1 trillion inventory for just $ 3.2 trillion of retail sales per year. The value of inventory in each of the supply chain is $ 400 billion at retail outlets, $ 290 billion at the wholesalers’ or distributors’ warehouses and $ 450 billion with manufacturers’ factory or warehouses locations. Where as, such a stockpile should be of a comfortable reserve in stock in trade, there is actually out-of-stock situation at all the points. It has been reported that 8.2 % of the shoppers still go without buying what they need and thus out-of-stock position represents 6.5 % of retail sales as a whole. Even if the retailers manage to supply alterative products, lost sales on account of this situation turn out to be 3.1% of the total sales. Though 3.1 % appears negligible, it is a substantial loss of retail margins at micro as well as macro level. And los s of customers’ goodwill is beside the point. It is noteworthy that this situation is not due to want of inventory or resources (Lee, 2002). This situation is brought about by what is called bullwhip effect which this research proposes to study. The seemingly negligible impact of bullwhip effect actually translates into lost sales and loss of profit of significant proportions and is therefore an important area in a supply chain that needs to be analyzed for being avoided. Accurate demand forecasting is apparently the possible solution . Therefore aim and objective of this research is to ascertain how to reach an accurate demands forecasting to avoid bullwhip effect in the manufacturing level and loss of sales in the retailer