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Learning curves are now recognized throughout the business community as valuable aids to improving productivity in the workplace. This volume is a clear and concise handbook intended to provide both the technical and the non-technical reader with a basic understanding of the underlying theory of learning curves, as well as ready access to commonly used learning curve models, formulas, and tables. Since the book itself is meant to be a handy reference guide, it is organized to make needed information easily available. After a review of basic learning curve theory and a comparison of the most frequently used models, an extensive list of equations is accompanied by everyday examples that illustrate the correct application of learning curve theory as well as solutions to problems that may arise. Tables, graphs, and charts, easily located in the appendixes, can facilitate computations, and a bibliography lists articles, pamphlets, and books that describe learning curve theory and its various uses over the past fifty years. Learning curve analysis, simplified and presented here in a convenient manual, will enable accounting, financial, and purchasing specialists to improve not only employee proficiency forecasting, but also the efficiency of their own productivity.
Learning curves are now recognized throughout the business community as valuable aids to improving productivity in the workplace. This volume is a clear and concise handbook intended to provide both the technical and the non-technical reader with a basic understanding of the underlying theory of learning curves, as well as ready access to commonly used learning curve models, formulas, and tables. Since the book itself is meant to be a handy reference guide, it is organized to make needed information easily available. After a review of basic learning curve theory and a comparison of the most frequently used models, an extensive list of equations is accompanied by everyday examples that illustrate the correct application of learning curve theory as well as solutions to problems that may arise. Tables, graphs, and charts, easily located in the appendixes, can facilitate computations, and a bibliography lists articles, pamphlets, and books that describe learning curve theory and its various uses over the past fifty years. Learning curve analysis, simplified and presented here in a convenient manual, will enable accounting, financial, and purchasing specialists to improve not only employee proficiency forecasting, but also the efficiency of their own productivity.
Written by international contributors, Learning Curves: Theory, Models, and Applications first draws a learning map that shows where learning is involved within organizations, then examines how it can be sustained, perfected, and accelerated. The book reviews empirical findings in the literature in terms of different sources for learning and partia
Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing “volume-driven” medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowe’s, are turning to the “Centers of Excellence” approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees’ overall health. The solution-based approach offered by the book is unique, because it can be implemented by businesses today.
In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.
It is 1755, and the threat of war with France looms over colonial York, Virginia. Chocolatier Esmée Shaw is fighting her own battle of the heart. Having reached her twenty-eighth birthday, she is reconciled to life alone after a decade-old failed love affair from which she's never quite recovered. But she longs to find something worthwhile to do with her life. Captain Henri Lennox has returned to port after a lengthy absence, intent on completing the lighthouse in the dangerous Chesapeake Bay, a dream he once shared with Esmée. But when the colonial government asks him to lead a secret naval expedition against the French, his future is plunged into uncertainty. Will a war and a cache of regrets keep them apart, or can their shared vision and dedication to the colonial cause heal the wounds of the past? Bestselling and award-winning author Laura Frantz whisks you away to a time fraught with peril--on the sea and in the heart--in this redemptive, romantic story.
Industrial, financial, commercial or any kinds of project have at least one common feature: the better organized they are, the higher the profit or the lower the cost. Project management is the principle of planning different projects and keeping them on track within time, cost and resource constraints. The need for effective project management is ever-increasing. The complexity of the environment we live in requires more sophisticated methods than it did just a couple of decades ago. Project managers might face insurmountable obstacles in their work if they do not adapt themselves to the changing circumstances. On the other hand, better knowledge of project management can result in better plans, schedules and, last but not least, more contracts and more profit. This knowledge can help individuals and firms to stay alive in this competitive market and, in the global sense, utilize the finite resources of our planet in a more efficient way.
Focuses on rapid implementation of practical, real-world cost reduction solutions In today's economic climate, the need to cut costs can be the difference between success and failure. Cost Reduction and Optimization for Manufacturing and Industrial Companies covers all major cost reduction areas, providing easy to read examples and advice on steps to take. It provides the roadmap for implementing recommended actions with true and tried methods by taking a modern, all-inclusive look at manufacturing processes. Based on the author's cost reduction experience gained during 30 years of senior operations and consulting engagements with hundreds of organizations, this book includes easy-to-understand and easy-to-implement cost reduction concepts organized into five general areas --labor, material, design, process, and overhead. Each chapter: Dives into a cost reduction area and starts with the bottom line first by summarizing key points Provides proven tactics for cutting costs without a lot of extraneous data Follows a qualitative and design-oriented approach Emphasizes quick implementation and measurable cost reduction Identifies who in the organization should do the work Outlines risks and suggested risk mitigation actions Contains numerous tables, graphs, and photos to show the concepts described in the book Praise for Cost Reduction and Optimization for Manufacturing and Industrial Companies "In this introductory book, Berk not only takes a modern, all-inclusive look at manufacturing processes but also provides substantial coverage of engineering materials and production systems. It follows a more qualitative and design-oriented approach than other texts in the market, helping readers gain a better understanding of important concepts. They'll also discover how micro-economic conditions relate to the process variables in a given process as well as how to perform manufacturing science and quantitative engineering analysis of manufacturing processes." —Fred Silverman, Director Engineering of Hi-Shear Technology Corporation "Joe Berk has created a unique, practical and straightforward approach to cost reduction in manufacturing. This work provides valuable insights and concrete techniques, based on real-world experiences, to any manufacturing organization undertaking change to position itself to compete successfully in the global marketplace." —Joe Carleone, President and COO of American Pacific Corporation Check out author Joseph Berk's blog at http://manufacturingtraining.wordpress.com/