Project Management Essay Example | Topics and Well Written Essays - 1750 words - 1

Project Management - Essay Example There is a great time lag between the conception of a facility and the actual construction and startup. Operating at designed capacity can cause rapid wear and breakdowns. Generally, operating at design capacity basically means operating at the organization’s productive limits. The designed capacity is 20,000 kg. Effective capacity Effective capacity of a facility is important in determining the extent to which a facility can produce. It is therefore defined as the ratio between design capacity and the expected capacity of the intended facility.It is worth noting effective capacity is affected by a firm’s production schedule, production mix, maintenance standards and age of equipment’s. The formula for effective capacity is given by: Effective capacity=expected capacity/design capacity. Effective=16000/20000=0.8=80% The effective capacity=16000 Actual output A production facility can produce a certain amount of product at a given time period. The actual amount of product that can be produced by a production facility at given time period is called actual output. This is different from amount that the facility could produce if it were to run at full theoretical capacity. Specifically, the actual output is given by: 60/100X20000=12000 kg Utilization Utilization is the percent of design capacity. It is given by actual output/design capacity =12000/20000=60% Efficiency Effective capacity is the actual output as a percent of effective capacity. It is given by the formula: actual output/effective capacity =12000/16000=75% B) Capacity of a system is its ability to produce goods or enhance the delivering of services over some time period. For a system to realize its full potential a proper capacity planning is inevitable. That is, the long term and short term plans to help the system achieve its full potential. Short term concerns relate to the variations in capacity requirements as a result of random, seasonal and irregular fluctuations in demand; while long term considerations relate to the overall level of capacity. There are several factors that affect a firm’s productive capacity. Some of these factors are within management’s control while others are not. Factors such as physical resources and utilization of labor are within the management’s control. Organization capacity also faces management challenges such as personal issues, technological maximization and output controls. A firm can profit significantly from efficient resources management. The actual output may be even less than the system capacity since it is affected by short-range factors such as actual demand. Therefore, managing actual output is important for effective production of a firm. As a project manager, I will advice the human resource manager to undertake the following strategies in managing the actual output and to cope with major changes in products and services. These options include; developing a new product line, expanding exis ting facilities and construction or phase out production plants. In some instance, the firm may be forced to use phase-in-strategy for introducing the next model of the same product or service to retain and/or improve its actual output. In general, the firm should be comfortable producing between 80 to 90% capacity utilization because of low fixed costs per unit and there is some scope to meet new orders or carry out maintenance and training. Efficiency should hold a more vital role as it can

Legalized marijuana in medicine Research Paper Example | Topics and Well Written Essays - 1500 words

Legalized marijuana in medicine - Research Paper Example The history and role of marijuana in our society, cultivation, medical benefits and its eventual prohibition by the federal government has been a subject of controversy, mystery and propaganda. Despite being legal for medical use in 13 states the federal government still classifies marijuana as a Schedule I Controlled Substance under the 1970 Controlled Substance Act. By their own definition a Schedule I substance is classified as; being highly addictive in nature, possesses no medical accepted medical use, and there is a lack of accepted safety for medical use of the drug or substance even under medical supervision, yet research has proven that none of this assumptions are true. As a matter of fact despite the mounting body of scientific and anecdotal evidence suggesting the medical and therapeutic benefits of medical cannabis the federal government refuses to recognize the medicinal value of cannabis. Regardless of the fact that cannabis has been proven to be safer and more effecti ve than a variety of drugs the federal government continues to maintain its unreasonable stance on marijuana prohibition. The financial personal and social costs of prohibition have been great for the public in general that are unfortunate enough to get arrested in a marijuana related incident. Furthermore the goals of prohibition have not being achieved since prohibition has created a black that market increases crime rate drugs availability. As matter of fact it is easier for a minor to buy marihuana than legal drugs such as tobacco or alcohol since distribution is not regulated like for alcohol and tobacco and which directly has caused marihuana to be easier to obtain for has not fallen and has been utterly ineffective at reducing crime rates or hard drug use. The real reasons for marijuana prohibition have nothing to do with the inherent safety of the drug itself, but are directly influenced by the economic impact that