Inventory Management Essay Example | Topics and Well Written Essays - 500 words - 1

Inventory Management - Essay Example that idle stock that is held by an entity for fulfilling future transactions, then considering planes as inventory at London’s Heathrow Airport, then, the head of operations have various ways of improving the inventory flow into the airport. Reducing the time spent by the planes in the run way is such one option. Through the reduction of the time spent by individual plane on the runway, an opportunity is created to increase the number of planes landing and taking off, consequently improving the rate of passenger arrival and departure, which goes a long way in increasing the cash flow into the airport and consequently the revenues earned (Tempelmeier, 24). Scheduling planes for arrival and departure is yet another aspect of inventory management for planes, which serves to ensure that the planes does not compete for available resources such as runways or the passengers, when all of them arrives or wants to depart at the same time. Having a system, which clearly indentifies the w hereabouts of the planes, is another aspect of inventory management, which helps in communicating with the plane, reducing the chances of delays (Tempelmeier, 29). Considering the passengers as a unit of inventory, then, managing them becomes necessary to ensure there is effective arrival and departure from the airport, without having any delays or time wastage. The management of passengers as inventory requires the scheduling of arrival and departure time differently, to ensure that there is no congestion of passengers in the airport, which is likely to cause confusions and delays in clearances (Tempelmeier, 16). Designing different entry and exit routes for the passengers to and from the airport will serve to ensure that the arriving passengers and the boarding ones do not meet at any point within the airport, effectively improving the efficiency of traffic flow. Scheduling the earliest and the latest time that passengers should arrive in the airport is another aspect of inventory

Discussion Essay Example | Topics and Well Written Essays - 1000 words - 3

Discussion - Essay Example This philosophy requires that whatever one believes to be true or rational, must set aside while assuming the new opinion to be in provisional presumption. This not only helps the listener to put himself in the shoe of the speaker for the time being, but also helps him to get a clear picture of the speakers view. Moreover, this principle develops within a person the patience require to negate his personal attitudes and helps him to absorb a new concept, which might he has never come across. Interpretationism: Interpretation acts as a significant tool in the principle of charity and, is the process of evaluating attitudes to an individual on the basis of what he believes, says and does. Child (1996, p. 7) suggests that whenever we interpret someone, we actually aim to make attempt to sense of him by attributing beliefs, desires, intentions, emotions, and other propositional attitudes in the light of which we try to predict his rational action to the extent where we feel to gain an understanding of the nature of his mental reflection. An interpretation conception to this principle revolves around the notion that no individual can claim to be perfectly rational. He is always ready to learn new ideas which means he is exposed to all sorts of local irrationality in thought and action to which he believes is rational, but in fact is not rational for the set of attitudes he possess are absolutely irrational. Thus, he creates a nexus between the propositional attitudes and the notion of rationality as one of the source of interpretationists principle of charity. Contradiction incurs when the listener has own set of premises and is not ready to consider any argument other than the one he hold. Through such attitude, the listener actually contradicts to believe in the other set of principles and is adamant to learn no new concept or approach. This deviates from the above discussed principle of prediction because