Assignment #3: Production and Operations Management Marathon Oil – Case Study November 10.2010 BUS 508: The Business Enterprise Explain one possible option that Marathon could take to reduce the time involved in the production process. Oil refineries are huge sized plants‚ processing an average of a hundred thousand to several hundred thousand barrels of crude oil a day. Using process optimization‚ Marathon could reduce the time involved in the production process. The goal is to maximize
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OIL AND WEAR PARTICLE ANLYSIS Abstract: Oil and wear particle analysis is a very powerful tool used to monitor and assess the health of a machine. Since the lubricant in a machine passes through all the internal parts that can wear‚ it is vital to maintain the quality of the lubricant thought oil analysis. Furthermore the presence of wear particles that are deposited in the oil can give a good indication of the wear material and the possible location of the abnormal wear
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Business Law – Module 12 CASE BRIEF for CLASS REQUIREMENT Your name: Shannon Crawford Date: April 24‚ 2013 1. Cite the case (e.g.‚ Jones v. Smith‚ 231 P.2d 456 (Nev. 1996): Riley v. Standard Oil of New York‚ 132 N.E. 97 (N.Y. 1921) 2. State the facts of the case: Million acting as chauffer is told to drive company vehicle 2.5 miles to pick up paint and return to the mill. Million picks up the paint‚ sees scrap wood that his sister had
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Standard Oil Company of California(Socal) is trying to determine how much to bid on the Gulf Oil Corporation. George Keller‚ the CEO of Socal‚ would need to borrow 14 billion dollars in order to make a substantial bid. While banks are willing to lend the money because of Socal’s low to debt ratio‚ the loan would put the company in a highly leveraged position. In order to alleviate that debt‚ some of Gulf’s assets could be sold. Keller has to consider the value of Gulf’s exploration and development program
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Oil has been a vital part of everyday life for decades. It is our main source of fuel in automobiles and other machinery. Oil has its benefits‚ but people seem to ignore the process of acquiring oil. Oil drilling is a dangerous and risky process. It runs the risk of contaminating the surrounding water and harming the organisms that live in it. The process also emits large amounts of carbon dioxide into the atmosphere. The Deepwater Horizon Oil Spill‚ better known as the BP oil spill‚ was a prime
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Oil Paintings During Romanticism Times And Cubism In cubist paintings‚ objects are broken up‚ analyzed‚ and reassembled in an abstracted form‚ instead of depicting objects from one viewpoint‚ the artist depicts the subject from a multitude of viewpoints to present the piece in a greater context. Often the surfaces intersect at what seems like random angles presenting no coherent sense of depth. In Romanticism artwork exalted individualism‚ subjectivism‚ irrationalism‚ imagination‚ emotions and
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Case Study - Premium Oil and Gas Premium Oil and Gas (POG) is the Dutch holding company of one of the world’s largest petroleum and gas groups. The organisation employs over 80‚000 staff in 80 countries and is best known to the general public through its 25‚000 service stations. POG’s main activities are the exploration and production of crude oil and natural gas‚ together with the marketing‚ supply and transportation of these products. The company earns revenues of around £100 billion per
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AUTOMATED MORINGA OLEIFERA SEED OIL EXTRACTOR Moringa oil comes from the seeds of the Moringaoleifera tree‚ a fast growing herbal tree species native to the Philippines which has many uses. The seeds‚ harvested from their pods‚ are cultivated‚ dried and extracted to produce moringa oil. In the Philippines‚ moringa is propagated by planting 1–2 m-long limbs cuttings‚ preferably from June to August. The plant starts bearing pods 6–8 months after planting‚ but regular bearing commences after the
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Gulf Oil- suggested approach. Value the economic benefits associated with a decision to eliminate the exploration and development activities of the Gulf Oil Corporation. A key question is how Socal can justify a huge premium over market value to acquire Gulf. A key objective is to understand the shareholder value implications of a corporate strategy built around investing huge amounts of capital in activities that promise largely negative net present values. Place a specific value on Gulf’s
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Acid: by steam or hot water‚ and make fat hydration‚ and then to remove impurities‚ the steam import oil‚ free fatty acids with steam distilled out‚ remove after condensation;Or get hot water mixed with oil emulsification and clarified in a centrifuge to remove phospholipids‚ free fatty acid and plant materials such as mucus.And vacuum drying‚ the product is called crude oil. Alkali refining: by alkali refining‚ can further remove most of the free fatty acids‚ phospholipids‚ pigment‚ iron and copper
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