NoLag product

For the different budgets related to the NoLag product of JetSet Travel, Inc. (JTI), I would expect to see different items. Below are said budgets and items. But I would like to define what budget is first. Horngren, Datar and Foster (2002) defined budget as the â€Å"[quantitative] expression of a proposed plan of action by management for a specified period and is an aid to coordinating what needs to be done to implement that plan (p. 835). Sales budget. This is usually the staring point for budgeting. The budgeted sales for a future period determines the production and inventory levels which also determine the manufacturing costs of JTI as well as its nonmanufacturing costs for its NoLag product. Items seen in the sales budget are the budgeted selling price for the product, budgeted number of units to be sold, and of course, the budgeted total revenues fro the product. With respect to costs behavior, the items shown in the NoLag sales budget are all variable. That is, these items changes in total in proportion to the number of products to be sold. Purchase budget. This budget identifies the direct materials to be purchased which depends on the budgeted usage of direct materials. Items seen in this budget are the direct materials needed, and under each material the following are specified: Direct materials usage for the period, Target ending inventory for the direct material, Beginning inventory for the direct material, Cost per unit of each of the direct material requirement, and Budgeted direct materials purchases for the period The direct material cost, specifically the direct materials purchase cost is a variable cost. The amount changes relative to the number of direct materials budgeted. Operating expenses budget. This budget included the nonmanufacturing costs related to the NoLag product value chain. Included in this budget are research and development, marketing, distribution, customer-service, and administrative costs. The research and development costs’ behavior – fixed or variable – depends on how management allocates funds to it. If management decides that 10 percent of the total sales budget is to be allocated to research and development, then it is variable – it varies according to the sales budget. The rest of the items under the operating expenses budget exhibit the same characteristics. For example, marketing costs are usually budgeted as a percentage of the sales budget. Capital expenditures budget. This is composed of the investing requirements of JTI with regard to the manufacture of the NoLag product. The expenses here are fixed which includes budgeted purchase amount of new equipments. Cash budgets. The cash budget, according to Horngren, Datar and Foster (2002), â€Å"is a schedule of expected cash receipts and disbursements† (p. 197). Generally, the cash budget has several main sections. Beginning cash balance AND cash receipts. These will form part of the cash available for financing requirements of JTI. Cash receipts come from collections from customers and sales of the NoLag product. Cash disbursements are composed of direct materials purchases, direct labor and other wage and salary outlays, interest on long-term borrowing, income tax payments, and other costs and disbursements. Short-term financing requirements. JTI needs short-term financing requirements if its total cash receipts for the period are less than its total cash disbursements. Ending cash balance. Include considerations for the variable aspects of this product and its sales References Horngren, C. T., Datar, S. M. & Foster, G. (2002). Cost accounting: A managerial emphasis. New Jersey: Prentice Hall. APA 1   

Axia College of University of Phoenix Essay

The purpose and meaning of life, is to live it in the most meaningful way a person can. I work hard on this daily, and try to show the younger generation that life can be so beautiful in a lot of positive ways if you lead it the way you want it. My personal narrative will be away to express myself like I have not done before by using theories in my readings. I am a thirty-year-old man who is very energetic, outgoing, hard working that not only values my life, but everyone else’s as well. The past five years of my life have been a five-part movie that could have big as the Lord of the Rings series. I started school, two businesses, regular job I got promoted, and bought a new house. I have had to take a back seat on being there for all my family, and friends like I am use to, because for once I had to utilize time for myself. My meaning of life stayed the same thru out these years; I think these things have made me more mature on things, and to love myself a little more. The major thing that made me really evolve in the past 5 years I believe is starting school. Six years prior to me starting at UOP I dropped out of college, because I had no clue what I wanted to use my skills for, I was very lost, unhappy, and I was doing nothing for myself it was for everyone else. That single event by enrolling back in school changed my personality over night for the better. The next day I started weeding people out of my life that where imputing nothing but negatives in it. That was defiantly the turning point for me without a doubt. This event came at the right time also in my life since I was in a very dark place at the time, so I guess you can say it was meant to be. Then I started two business ventures that I had wanted to start which proved to me that I could do something for myself to benefit my life and stability. I now have more than enough responsibilities that I did not have before, like keeping my business in order supplies to maintaining my customer relationships. My new house has been the biggest ordeal and not in a bad way it has been extremely difficult to get it to my standards, and since I am so busy I have not taking time just for my house. These challenging changes in my life now are very hard to deal with, but I would not make any changes at all, because this is the happiest I have been. I have been hard on myself, but not to the point of stressing. Happiness proves to be an interesting window through which to view continuity and change in personality (McAdams, 2006). With that said it shows in my everyday life that no matter what I am faced with today my life is a lot better now than then. I took a lot growing up without a father from not being able to afford things I wanted to not having the self-confidence in myself to make change. When you receive that unexpected high grade on a tough assignment, you are likely to feel good, and your well-being shoots way up (McAdams, 2006). Starting my businesses, buying the house, and getting promoted where some very tough assignments in the past five years, but I feel so much better about who I am with a better well being. What roles have religion, race, culture, family, and gender played in the development of my personality, well the major thing that played a role was family. My family pushed me so much to a point where failing would not be expectable in any manner. My girlfriend has never stopped believing in me she always said I will be somebody, and no one can take that from me. My race, and religion beliefs did not have a huge factor in any part of this, but my personality got me sixty percent of what I have today. Looking back on the past seeing the transition that has taking place in my life from five years ago is something in itself to boost my ego. Five years ago without UOP I can honestly say that there is no way I would be where I am now. Life is a wonderful thing to have, we make our own destiny, and being rich or poor should not make us who we are, but being in love with life and our good talents that we possess should play a huge part of what we are. McAdams, D. (2006). The person: a new introduction to personality psychology. (4th ed. ). Hoboken, NJ: John Wiley & Sons.

Catalase on Hydrogen Peroxide

The aim of this study was to test the rate of reactivity of the enzyme catalase on hydrogen peroxide while subject to different concentrations of an inhibitor. The hypothesis was that hydrogen peroxide will be broken down by catalase into hydrogen and oxygen, where a higher concentration of inhibitor will yield less oxygen, resultant of a lower rate of reaction. Crushed potato samples of equal weight were placed in hydrogen peroxide solutions of various temperatures. The results showed that less gas was produced as the concentration of the inhibitor rose. This Is because more enzymes were inhibited, and so less active sites were available for reaction. Reasearch and rationale Hypothesis: Catalase will break down hydrogen peroxide in water and hydrogen. A higher concentration of inhibitor will yield a slower rate of reaction, thus yielding less oxygen in a given time. Null hypothesis: Catalase will break down hydrogen peroxide in water and hydrogen. The concentration of the inhibitor will have no effect on the rate of this reaction. Supporting knowledge: Enzymes function as biological catalysts, increasing the rate of reactions that take place within organisms. Catalase is an enzyme found in the vast majority of organisms that are exposed to oxygen, making it very common. It catalyses the decomposition of hydrogen peroxide into water and oxygen. Hydrogen peroxide is a molecule that can attack sulphur atoms and metal ions in protein molecules, and with the aid of iron ions is potentionally mutagenic. Catalase is an extremely effective enzyme, and can break down millions of hydrogen peroxide molecules in a single second. As such, it can be seen how important and effective catalase is to oxygen-exposed organisms. As with the majority of enzymes, it has an optimum pH of approximately 7, though the optimum can vary by species. Haliotis discus discus, a type of shellfish, for example, has catalase which works at an optimum pH of 10. 5. There are a number of factors which affect the rate of reaction of catalase. As stated, pH is one. Concentration of both catalase and hydrogen peroxide, concentration of co-enzymes (Fe3+ in human catalase) and temperature are all variables that affect the rate of reaction. These can all be regarded as limiting factors, as they can only affect the rate of reaction to a certain point when alone. That is to say, the reaction will not work as best it can if all factors are not at an optimum standard. The poison cyanide acts as a competitive inhibitor, it strongly binds to the haem of catalase, stopping an enzyme-substrate complex from forming. Heavy metal ions, such as copper ions in copper (II) sulphate, act as non-competitive inhibitors on catalase. Competitive inhibitors act by binding to the actual active site of the enzyme, thus stopping an enzyme substrate complex from forming. Competitive inhibition, this can be reversed by increasing the concentration of the substrate. Non-competitive inhibitors bind to a site other than the active site, known as the allosteric site. As such, it is able to bind even to an enzyme-substrate complex. These inhibitors are usually reversible, but are not affected by concentration of the substrate in the way that competitive inhibitors are. Copper acts as a non-competitive inhibitor of catalase. Copper, as a heavy metal, reacts strongly with sulphydryl groups in proteins. This can cause the protein to precipitate, and thus change the shape of the active site. This type of inhibition is irreversible, as the protein becomes covalently modified. Inhibition affects the rate of enzymatic reactions differently than extremes of pH and temperature, which both affect the protein in a non-specific way. These factors reduce the rate of reaction by a process called irreversible enzyme inactivation. This is where the whole protein structure is destroyed, or denatured. Non-competitive inhibitors work by specifically altering the struc ture of the enzymes active site. Due to the decrease in available active sites, the rate of reaction will decrease. In this sense, it is similar to reducing the concentration of enzymes, as there are less active sites available. Planning I will be studying the rate of catalase activity on hydrogen peroxide while varying the amount of inhibition, which should influence the rate of the reaction, and thus the amount of oxygen, observed in a given time. The concentration of the inhibitor will therefore be the independent variable, while the amount of oxygen will be the dependent variable. There should a smaller volume of oxygen observed as the concentration of the enzyme increases. As I am comparing two variables to each other, it would be wise to calculate the correlation of the two variables. To calculate the correlation, I should use Spearman’s rank correlation coefficient. To find a suitable correlation, I should use at least 8 samples. After plotting a scattergraph, I will proceed to find out the correlation if the correlation looks reasonable enough. Variables Temperature: Temperature is an extremely important variable to consider, as it can affect the rate of reaction in a number of ways. If the temperature of a system is increased, more molecules will reach the activation energy and the rate of reaction will increase. The number of collisions will also increase. As enzymes must collide with substrates, an increase in temperature and thus kinetic energy will result in more collisions occurring in a given time. Increasing the temperature will also increase the heat of the molecules. This will in turn increase the molecules’ internal energy. If the energy increase is too great, the weaker hydrogen bonds that determine the tertiary structure of the protein may break. This may change the structure of the active site, stopping any reaction between enzyme and substrate. Therefore beyond a certain temperature, the rate of reaction will decrease. To control the temperature, each system must be heated to the same temperature. For this experiment, I have chosen to keep each system at 30oC. This is because room temperature can vary in a lab, as some days can be warmer than others, and the room’s ventilation can also affect the temperature of the system. This is also to allow the reactions to happen at an efficient enough rates to collect results. pH: Any change in pH affects the ionic and hydrogen bonding in an enzyme and so alters it shape. Each enzyme has an optimum pH at which its active site best fits the substrate. Variation either side of this pH results in denaturation of the enzyme and a slower rate of reaction. The optimum pH for catalase in potatoes is generally 7, but can differ depending on the acidity of the soil it was grown in. In this experiment a pH 7 buffer was used. This is because the optimum pH of most types of catalase is 7, and so that the systems can all be kept constant. Concentration of solutions: the concentration both the enzyme and substrate have to be taken into consideration. The concentration of substrate for example will affect the rate of reaction in a positive way until all the active sites are occupied. The same applies to the concentration of the enzyme. An excess of either will not negatively affect the rate of reaction. Both concentrations will be kept constant for each experiment. I will ensure this by using catalase and hydrogen peroxide from the same batch in each experiment. Potato: Obtaining catalase from potato involves crushing the substance. This can be standardised by first cutting the potato into small cubes, then crushing. This can ensure that there are as little lumps of potato left as possible. If multiple potatoes are used, there is a risk of using catalase of different concentrations. This can be remedied by using a large enough potato. As each sample of potato is 5g, and twelve samples are taken 3 times each, then 180g worth of crushed potato are required. A large potato can easily weigh around 500g, so the problem then comes with different concentrations of catalase distributed within the potato. This can be controlled by evenly mixing the crushed potato. It is then safe to assume the catalase is randomly distributed throughout the potato. Lab air exposure: As the crushed potato would be left exposed to the air during the duration of the experiment, this could affect the enzymes ability to catalyse the reaction, and would yield misleading results. As such, any potato that is not in use should be covered in cling film to prevent exposure as much as possible, although not entirely. Preliminary Method My preliminary experiment involved testing only 5 different concentrations of inhibitor, to see whether the results show any reasonable difference. By this, I mean that the results should show a correlation above the critical level where p = 0. 05, n = 6. By doing a trial experiment, I can make sure my experiment will run safely and successfully, as well as determine any factors of my experiment I should change. Apparatus: -Potato -6% Hydrogen Peroxide solution 5cm -Copper (II) Sulphate solution (2%, 1%, 0. 75%, 0. 25%, 0. 1%) 10cm -Deionised water -Measuring cylinders -Weighing boat -Mass balance -Peeler -Scalpel -Pestle and mortar -Cling film -Test tubes -Test tube rack -Water bath -Thermometer -Bunsen burner Tripod -Gauze -Metal tongs -Delivery tube with bung attached -Gas syringe -Clamp stands, boss and clamp -Stopclock Method Peel and dice the potato in roughly 3x3cm cubes and mash them. Cover the crushed potato when not being used. Set up a gas syringe horizontally supported with stands and clamps, high enough to reach test tubes in a water bath. Attach a delivery tube to the syringe. Prepare a water bath of 30oC. Measure out 5cm3 of Hydrogen Peroxide into 6 test tubes. Add 10cm3 of the 2% Copper (II) Sulphate solution. Heat the solution to 30oC using a water bath. While heating, prepare a weighing boat with 5g of potato. When 30oC, place the potato in the solution, quickly attaching it to the delivery tube and starting the stopclock (a helper is advised here). Allow the catalase to react for 3 minutes, and note the gas collected. Repeat the same process for each concentration. Add 10cm3 of deionised water to the final test tube as a control. Health and Safety Pureed potato may irritate some people’s skin. Wash any potato splashes off skin immediately. Hydrogen peroxide is an irritant, and a powerful oxidising agent and bleach.

Case Study 2 Example | Topics and Well Written Essays - 750 words

2 - Case Study Example To stop this effect, Delta Grand Pacific has taken some measurable and actionable strategies. They are – Awareness Generation: New and existing clients seek value and service quality. In the case where most of the customers are from Japan, a country with strong collective culture, they need to be communicated and interacted in a proper way. Sales reps are trained and instructed accordingly in order to build awareness about the hotel’s services and value by building personal relationship between the company and the customer. Changing Room Rates: As Average Room Rate and Occupancy Rates are indirectly proportional to each other, a trade off must be achieved between the two. Offering an attractive yet flexible room rates can attract prospective customers. Exploring New Market Potential: Sukhumvit Micro market, the place where the hotel is located, is surrounded by different competitors. Existing corporate customers visit the hotels in a usual basis. The market is saturated, and an increase in competition definitely curb down the business. Therefore choosing new developing industrial sectors can lead to success. Targeting intermediaries: Ground operators acts as a liaison between the hotel and the overseas holiday companies. Creating a good relation with these intermediaries’ results in promotion of hotel’s services and values by the ground operators operating at the bottom level. Alternative Approach: As existing Airline Company is not going to extend it’s contract, the most practical alternative way of doing business is by managing relation with others and set up negotiation with them. By negotiating with a prospective customer, existing business profile can be changed. For example- Previously it was at an average 850 baht per year from airlines industry, but after negotiating with another prospective client, the average is estimated to increase to a whopping 1200 bahts per night per year. Yield

Vulnerability Tools Essay Example | Topics and Well Written Essays - 2500 words

Vulnerability Tools - Essay Example nformation systems. Nessus is a comprehensive and open source security scanner. Plug-in architecture allows users to customize it as per their systems and networks. The security scanner frequently updates itself and provides full reporting, host scanning, and real-time vulnerability searches. Security audit features of Nessus are (Messmer, 2005): Credentialed and un-credentialed port scanning Network based vulnerability scanning Credentialed based patch audits for Windows and most Unix platforms Credentialed configuration auditing of most Windows, Unix platforms Robust and comprehensive credentialed security testing of 3rd party applications such as iTunes, JAVA, Skype and Firefox Custom and embedded web application vulnerability testing SQL database configuration auditing Cisco Router configuration auditing Software enumeration on Unix and Windows Testing anti-virus installs for out-of date signatures and configuration errors Another popular and open source tool for vulnerability an alysis is Wireshark. This tool, which was previously named as Ethereal, also provides functionality for packet sniffing. A relatively easy GUI along with various filtering and sorting options makes this tool perfect for non-savvy IT staff within organizations (Scalisi, 2010). Comparing Nessus and Wireshark Wireshark is considered to be at top of the list for network protocol analyzers. Wireshark not only provides vulnerability analysis, as its functionality can be resembled with â€Å"tcpdump.† It emphasizes protocols and represents data streams on the GUI. The major advantage that this tool has is the compatibility of operating systems, as it supports OS X, Windows, UNIX and Linux. Moreover, it also extensively supports Voice over IP that is a significant option for the organization, as international and corporate organizations use VoIP for communication purposes to save cost and at the same time deliver quality. Nessus, on the other hand, is used in more than 75,000 organiz ations around the globe and it is considered to be one of the world’s most popular vulnerability scanner (Ferguson, n.d.). However, the third version, i.e. version 3, has now been converted to a proprietary license as the scanning engine is still free and updates are also available after a week on a release. Relating with the Scenarios When Nessus is incorporated in a large enterprise, most probably, a government organization such as Department of Defense (DOD) networks, it will initiate a port scan and target the defined host or a network. After opening the port, it examines all the services that are running on the system or network and tests all the detected services against vulnerabilities defined in the Nessus vulnerability database (Kim, n.d.). As this tool can develop a testing platform for network resilience, the report generation is very comprehensive that is ideal for large enterprises. As it is an easy remote based vulnerability analysis tool, it can be best suited for large enterprises that are geographically dispersed in more than one continent

The case of The Office of Fair Trading vs Abbey National Plc & Others Literature review

The case of The Office of Fair Trading vs Abbey National Plc & Others - Literature review Example The appeal starts by Lord Walker. In The appeal, the Supreme court was to give a verdict as whether the OFT should go ahead and undertake investigations to find out if the charges â€Å"the Banks†, which were the appellants, made for unauthorized overdrafts by their customers were fair. At the moment, banks provided retail banking services on grounds that customers’ accounts that lend the bank money are excluded from paying charges to the bank for services offered. Customers whose accounts had authorized overdrafts only paid charges for the money they borrow â€Å"the Banks†. Customers whose accounts had unauthorized overdrafts, however, paid interest on money borrowed besides paying fixed fees for every service they received from â€Å"the banks†. The Office of Fair Trading holds investigative powers on consumer contracts’ fairness terms. The power of the Office of Fair Trading, however, has limitations bound to it. The limitations stipulated in th e Unfair Contract Terms, in Consumer Regulations 1999. The Unfair Contract Terms, in Consumer Regulations 1999, implemented European Council Directive 93/13/EEC. The directives help protect customers and ensure a favorable business environment for fair trading. OFT has the mandate on undertaking this. The provisions regulation 6 (2) (b) give way for evaluate trading activities of a business enterprise or organization. OFT scrutinizes the activities so as to determine the level of fairness of the activities. The OFT scrutinizes contracts and customer satisfaction to determine their fairness. In the case the court of appeal did hold the point of exclusion in the case only to the contracts’ â€Å"core terms†. The court excluded ancillary terms as charges for unauthorized overdrafts on reasons that the charges were within the exclusion. The charges, according to the court, were part of the charges for banking services provided. At first instance ([2008] EWHC 875 (Comm), an d in the Court of Appeal, OFT was successful. Under the Unfair Terms in Consumer Contracts Regulations 1999, the Office of Fair Trading wished to conduct an investigation on â€Å"the Banks’† relevant terms in their contracts with customers by imposing charges on customers whose accounts had unauthorized overdrafts. The Office of Fair Trade hold mandate to undertake the investigation, notwithstanding regulation 6 (2) (b).The decision of both the High Court and the Court of Appeal that regulation 6 (2) (b) could not deter the OFT from doing the investigation made â€Å"the banks† to file appeal. Lord Walker emphasized the lack of decision on the fairness of the system of charging current account customers with unauthorized overdrafts. The court could only decide on the investigative mandate of the OFT (para 3). Lord Mance reaffirmed the investigative roles of OFT (para 61). Determining whether charges were consisted ‘cost and revenue’ as against â₠¬Ëœthe goods or services distributed in exchange’ within the meaning of the Regulations was the main point to decide on. First, charges were ‘in exchange’ for the transactions to which they relate should the customer have inadequate funds to do so (Para 75). Secondly, regulation 6 (2) (b) no longer had a standing to the â€Å"ancillary† charges in the binding form (Paras 38-41, 47, 78, 112)1. In his reasoning, Lord Mance stated that, if in case the contracts were to serve as the package, then the charges levied would be fair. He further states that the charges

Various Assignments Essay Example | Topics and Well Written Essays - 1500 words

Various Assignments - Essay Example In this regard, the procedural fairness provided for in the Bill of Rights is arguably its most important value. Procedural fairness is important because it preserves unto the individual the right to freely participate in political and economic life (Nueborne, p. 83). Moreover, procedural fairness counter-balances the fact that the freedoms and rights contained in the Bill of Rights are not absolute. In other words, there are exceptions to the right to free expression in that the government may curtail freedom of expression in situations where the speaker utters words that can be construed as hate crime or incitement to riot. Thus procedural fairness permits the speaker the right to a fair trial and the right to confront his or her accusers and to defend his or her right to free speech. Procedural fairness recognizes that any government can overstep its power to the detriment of the governed (Nueborne, p. 83). With entitlements to the right to privacy, protection of private property, the right to a fair trial, the right to bail, and so on, the Bill of Rights plays a supervisory role in the constitutional order. ... Institutional enforcement mechanisms are captured by procedural fairness by allowing for judicial review of the exercise of powers by the federal government, state governments and their agents. Even at the state level, state and state agents’ conduct is scrutinized by state judges by reference to the rights and freedoms contained in the Bill of Rights. Thus, as Nueborne puts it, procedural fairness establishes a â€Å"nationwide network† that are â€Å"engaged in constant surveillance of the activities of the governing majority† so that the rights and freedoms articulated by the Bill of Rights â€Å"are respected in everyday life† (Nueborne, p. 84). Procedural fairness is all the more important since the rights and freedoms contained in the Bill of Rights are not expressed in uncertain terms. Many of these rights and freedoms are â€Å"ambiguous† so that they can be open to interpretation (Nueborne, p. 84). Procedural fairness curtails the risk of i nconsistent interpretations of the rule of law in relation to the individual rights and freedoms contained in the Bill of Rights. In promoting procedural fairness judges interpret and apply the Bill of Rights by reference to a system of precedents and thus assures consistency and greater uniformity of rights and freedoms for all (Nueborne, p. 85). In the final analysis procedural fairness ensures that in addition to ensuring that the government treats all individuals equally, procedural fairness also ensures that the government exercise its powers fairly and consistently and that any departure from the fundamental freedoms and rights contained in the Bill of Rights is done so in a way that is only necessary