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I need help creating a thesis and an outline on Airline Industry. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Cost of ASK (Available Seat Kilometres) An available seat kilometre in airlines is calculated by multiplying the total number of seats offered by an airline and the total distance flown by an airline (British Airways-a, 2010). The Available seat kilometres for British Airways was found to be 141178 in 2010 which represents a decline from its previous year figures of 148504 in 2009 (British Airways, 2010, p.128). The statistics for its competitors Emirates airlines states the corresponding figures at 161756 which represent a rise from its figures last year that was quoted at 134180 (Emirates Airlines, 2010, p.4). The low value of ASK for British Airways can be largely held accountable to the financial downturn which put a pressure on the profit and revenue margins of the firm. Emirates airlines owning to better fleet management and route optimisation generated a much better performance than its competitor British Airways. Revenue per RPK (Revenue Passenger Kilometres) Revenue passenger kilometres (RPK) is calculated by multiplying the total number of revenue based passengers and the total air miles flown by the airline (British Airways-a, 2010). A good value of this statistic represents a healthy operational and financial aspect of the organization. The value of RPK for British Airways in 2010 was calculated at 110851 which represent a decline from its figures in the last year which was stated at 114346 in 2009 (British Airways, 2010, p.128). The slump in figures can be attributed to decline in the revenues per passenger as well as reduction in the total air miles flown due to route optimisation owning to pressures from the economic recession. The figures for Emirates airlines however show a distinct and definite opposite trend which is pegged at 126273 representing an improvement from its previous year’s figures of 101762 (Emirates Airlines, 2010, p.123). BELF (Break Even Load Factor) Break Even Load Factor or BELF is a value term expressed in percentage that represents a scenario in which revenues and operating costs become equal. This factor has different values for different flights and includes aspects like seasonal fluctuations and is largely based on the dynamics of demand and supply in the market (Radnoti, 2002, p.99). The Break Even Load Factor for British Airways was found to be 78.5 percent which represents a rise by about 1.5 percent from its figures in the last year. This was mainly reported due to a reduction in revenue from passengers by about 10.9 percent from the previous year (British Airways, 2010, p.16). The Break Even Load Factor for its competitor Emirates Airlines was found to be 64.4 percent which again represents a rise by about 0.3 percent from its corresponding figure quoted last year (Emirates Airlines, 2010, p.123). The major reason for this trend is accountable to the large scale dip in demand for air travel by business as well as individual passengers which was due to the reduction of disposable income and decline in profit margins of the other business travellers.

 

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Respond t discussion.  APA cite 250 words and ask a question.

“Over 300 studies have shown that health information cannot be understood by most of the people for whom it was intended, suggesting that the assumptions made by the creators of this information, regarding the recipient’s level of health literacy, are often incorrect.” (Youngberg, 2011, pg. 407-410). This is a very serious topic, regarding patient safety. The information that leaves with patients post and prior to a visit should be explained and thoroughly understood before being let out of care. For example, An illiterate patient, who misunderstands the doctors instructions for their prescription and takes their blood thinner wrongly could bleed out. Also, look at a mother who was not properly informed and gives their new born an oral prescription through the child’s ear canals. These are all very serious actions and could have terrible ramifications. (Youngberg, 2011, pg. 409). These misunderstandings could happen from wording being too difficult for some to understand, or even if a patient speaks a different primary language other than how the health information was relayed. 

          A second example of poor risk management is poor quality hand offs within a health organization. Handoffs are basically the exchange of information from one care giver, physician, or one department to the next. This is very important aspect to keep track of. Imagine if medications, past treatments and procedures were not mentioned to a patient being transferred from the floor to an ICU or to a completely new facility. Certain conditions and complications need to be treated in a certain way so it’s important to have a background on whats been done. This could lead to exams being done multiple times, or a delay in care by having to track info down. (Youngberg, 2011, pg 443). There are methods to keep track of patients in a hospital, one example, is an SBAR. The information kept in this tracks the patient’s situation, background, assessment and recommendations. (Youngberg, 2011, pg 446).  

          Finally, fatigue of the health care worker can have very adverse effects to the patients they are giving care to. Fatigue is something that is different for everyone in certain ways but one thing is for sure, it can happen to anyone if they are not treating their body right. Employees need to be able to balance their professional and work life in order to not become fatigued. “Fatigue usually presents when a person is suffering from lack of quality sleep that, over time, can adversely affect performance.”  (Youngberg, 2011, pg. 424). I think one way to prevent fatigue from happening is being properly staffed within departments. It is hard for employees to work long hours and turn around the next day and do it all over again. An easy example of this is someone who works an evening shift and also has to work early the next morning, the turn around is only a few hours and can lead to forgetfulness and sluggishness the next day. Unfortunately, this is a scenario that happens all too often in health care and this could be due to unexpected illness or various other reasons like a family emergency, perhaps. Proper staffing or extra staffing, like from PRN’s or part timers, would help alleviate this type of issue. 

References

Youngberg, B. (2011). Principles of risk management and patient safety. Sudbury, MA: Jones and Bartlett Publishers.

 

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write my assignment 670

Suppose that labor supply is given by E=300w and labor demand is given by E=10,000-200w.

A. What is the market equilibrium wage and employment?

B. A $10 per unit of labor tax is imposed. Use the tax wedge formula to solve for the wage employers pay, the wage workers receive, and the level of employment.

C. At the free-market equilibrium solved for in part a, what is the elasticity of supply and the elasticity of demand?

D. Using the elasticities found in part c, calculate the fraction of the tax paid by employers and the fraction paid by workers.

Compare and contrast your answers in parts b and d. 

 

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Brandon Company prices its products using a 50% markup on total manufacturing cost to cover selling and administrative expenses and to provide a reasonable return on investment. 

                                                                                 Cost per Unit

Direct materials                                                                $34

Direct labor                                                                        20

Variable manufacturing overhead                                      27

Variable selling and administrative expenses                    10

Fixed manufacturing overhead totals $200,000 per year. Fixed selling and administrative expenses are $100,000 per year. The average number of units sold per year is 10,000.

Using these data and the functional cost approach to pricing products, estimate the NORMAL SELLING PRICE. Note: The markup will end up being 50% of the selling price.

 

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