the current water shortage on Oahu. For the purpose of this paper‚ our group has chosen to discuss what we believe to be the top three most feasible technological solutions. In order of current usability they are; 1. Water recycling 2. Desalination 3. OTEC (Ocean Thermal Energy Conversion) Water Recycling Water recycling here on Oahu is an important part of ensuring a sustainable water supply for future generations. Through the natural water cycle‚ the earth has recycled and reused water for millions
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drinks like gatorade or powerade but the question is when should we drink sport drinks or water. Your body needs water to maintain performance. Water is composed of two hydrogen and one oxygen atom. For your body to maintain athletic performance it must have oxygen in the muscles (which water contains). When exercising we burn carbohydrates. When we lose these carbohydrates they need to be replaced. There are many alternatives to replace carbohydrates such as water and sports drinks. Water has no carbohydrates
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Bottled Water‚ Pro or Con? Many people and schools believe that the sale of bottled water should be banned for a multitude of reasons. However‚ due to to lack of convenience‚ profit‚ and access to safe water‚ my school (YMS) should not ban the sale of bottled water. Why ban water? Many people believe that since bottled water is the #1 most sold drink and gives off the most waste‚ that that is the drink we should ban. However‚ banning bottled drinks such as Gatorade‚ sodas‚ or other sugary
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Cost Classifications for Decision-Making. Every decision involves choosing from among at least two alternatives. Only those costs and benefits that differ between alternatives are relevant in making the selection. This concept is explored in greater detail in the chapter on relevant costs. However‚ decision-making contexts crop up from time to time in the text before that chapter‚ so it is a good idea to familiarize students with relevant cost concepts. 1. Differential Costs. A differential cost
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Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
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Cost of Quality (COQ) "The cost of quality." It’s a term that’s widely used – and widely misunderstood. The "cost of quality" isn’t the price of creating a quality product or service. It’s the cost of NOT creating a quality product or service. Every time work is redone‚ the cost of quality increases. Obvious examples include: The reworking of a manufactured item. The retesting of an assembly. The rebuilding of a tool. The correction of a bank statement. The reworking of a service‚ such as
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Cost Classification Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these. To complete the assignment I will
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We already know that following are the important cost concepts related to the production process of a firm: • Fixed Cost • Varibale Cost • Average Cost • Marginal Cost please refer to following page Introduction to Cost Concepts to understand various cost concepts in detail. Here we will briefly state again the meaning of above stated cost concepts for better understanding of the module on short run cost analysis. Fixed Cost is that cost which does not change (that is either goes up or
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Multiple Choice Questions 16. Which terms would make the following sentence true? Manufacturing companies that benefit the most from activity-based costing are those where overhead costs are a _________ percentage of total product cost and where there is ___________ diversity among the various products that they produce. A) low‚ little B) low‚ considerable C) high‚ little D) high‚ considerable 17. Would factory security and assembly
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For example‚ in Chapter 3‚ The Cost of Zero Cost‚ Ariely explains that when we are “buying” something for free‚ we might think that we have made the right decision‚ however in doing so‚ we often give up a better choice which might involve paying something. The book focuses on how‚ what seems
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