Business Report Al Ain Dairy Farm Marketing Essay

Business Report Al Ain Dairy Farm Marketing Essay Al Ain Dairy, first established dairy farm in United Arab Emirates is a leading producer of dairy products. Al Ain Dairy began its business in 1981 and with time it now has three cattle farms with more than 3,000 head of milking steers and one camel farm with more than 200 dairy animals. With significant investment in dairy production technology, packaging machines and testing equipments, Al Ain Dairy farms were able to achieve hazard analysis and critical control point (HACCP) certification in 2009 (an ISO 22000:2005 certificate) which means they can supply products to the UAE and export the same for the international market. Al Ain Dairy aim is to be the preferred choice of dairy and poultry products of households in UAE. Dairy have range of beverages and dairy products such as fruit yoghurts, Benecol yoghurts, coffee drinks, drinking yoghurt, potted cheese, crà ¨me caramel, custards, fruit desserts and cream for his customers. The dairy also provides variety in milk from normal to flavors like strawberry, banana and chocolate. The company also supplies fresh fruit juice in six flavors produced from fresh juice concentrate. With the increased demand of camel dairy products since early 2008, company has also involved himself in production and supply of camel milk and camel milk ice cream. Retail Presence of Al Ain Diary Products According to a recent study by the Department of Economic Development (DED) UHT juices and UHT milk as products that have great potential for export. In line with this, Al Ain Dairy, the first established dairy farm in the UAE and a leading producer of dairy products, has become one of the few dairy farms in the region to fully depend on its own herds of cows after it has launched a project, among its many activities, to minimize importing and boost local cow breeding with aims to increase milk production and further strengthen its leading position in the highly competitive market. Al Ain has more than 3000 milk producing cows and 2500 young stocks that are supplying the raw milk products to various outlets in country. According to one of the press report in UAE, in Q1 of 2009, the company saw an 18% increase in sales campared to the same period in 2008. In January 2010, the company have increased its total output by 23% compared to the same period in 2009. Al Ain Diary has its own retail chain of stores named Farm Fresh. Best of Al Ain Dairy and Al Ain Poultry products which have be known to be of high quality, healthy and fresh and specially their nutritious products such as Camel Milk, Max Calcium, Benecol, Optimil, Slim are available in all farm fresh outlets. Eng. Abdullah Al Darmaki, CEO, Al Ain Dairy, said: Our aim is to promote our Retail Concept and Exclusivity by introducing Convenience Shopping for our customers. According to one of the press realease in UAE, The dairy and fruit juices industry is expanding at a rate of 10% annually and currently meets 56% of the demand in the UAE, Despite of the current 26 operating cattle farms in the country which contain 15,000 cows producing 167,000 tonnes of fresh milk annually, the local markets needs are still being covered by imported products. Highlighting the huge demand for dairy products in the UAE, the local market faces an essential need to expand according to recent studies which have further recommended that dairy industry should research and develop new and differentiated products designed to meet specific needs and tastes of the local consumers as imports do not completely satisfy the demand. Commenting on this subject, Eng. Abdullah Al Darmaki, CEO, Al Ain Dairy, said: The decision to grow our own cattle has been derived from Al Ain Dairys vision to be recognized as the preferred choice of dairy products for all customers and to become a self-sufficient plant that provides a 100% locally manufactured products Current level of maturity of the companys supply chain of its beverage products The objective of every supply chain should be to maximize the overall value generated. The value of as supply chain generates is the difference between what the final product is worth to the customer and the costs the supply chain incures in filling the customers request.(Chopra, Meindl 2006) The diary currently have 26 operating cattle farms in the country which contain 15,000 cows producing 167,000 tones of milk annually. It is important that fresh and safe milk should be reach to consumer. For this Al Ain Diary farms have eight step critical procedure name cold chain to supply of milk from cow to consumer The cold chain procedure ensures the supply of fresh and safe milk to consumer. Firstly the cows are milked under hygienic conditions, then the raw milk output is examined by technicians at the processing plant to ensures that the milk is of the required quality and standards. The milk is then stored in silos at a constant temperature of +4 °C before starting pasteurisation. The milk is then goes under pasteurisation and homogenisation. Before storing milk from diary to sales depots it is packaged or formulated into other dairy products Al Ain Dairy has its own fleet of vechicles which is fitted with cooling units to ensure that milk should be reach to reatilers at required temperature. Al Ain Dairy salesmen coordinate with retailers regulary to monitor the temperature of cold storage units used to display products. The cold chain process ultimately gives assurance to consumer that they are purchasing the freshest milk that has been produced, stored and distributed under the most hygienic and controlled conditions possible, said Al Darmaki. Objectives Zero stock-outs Stock out is when business run out of stock; and zero stock out is when this condition never occurs. But it does not mean that business to hold too much buffer stock. It is to ensure that a business has exactly the correct amount of stock at any one time. On-time delivery of orders On time delivery is to measure the efficiency of supply chain which in turn measures the amount of finished product or service delivered to customer on time and in required quantity. It helps determine how efficiently we are meeting our customers or agreed deadlines Operational Decision And Analysis Company takes decision on the basis of individual customer needs. The aim of supply chain operations is to fulfill customers needs in the best possible way. There are six key elements to a supply chain: Production Supply Inventory Location Transportation, and Information Company needs to take decision at all these levels to achieve the objectives of zero stock out and on time delivery. Production Our aim is to meet customer demand and satisfaction for this company need to work on capacity, quality and volume of products. We need to focus on what are customers requirements and the market demands to take strategic decisions for production. On the other hand, operational decisions will focus on scheduling workloads, maintenance of equipment and meeting immediate market demands. Supply While keeping the quality high company needs to determine what facilities they are able to produce. Company can also go for outsourcing if required, but company should be careful to select the same. Inventory It is a critical issue in effective supply chain management. Operational inventory decisions should ensure the optimal levels of stock at each location. Company need to focus on how much product should be in storage and need to balance the same to meet market demands as market demands fluctuate. Location Decision regarding location should consider that facilities should be located near to consumer. Production plant should be close to raw material; and distribution and stocking facilities should be placed to prime location to the dedicated market Transportation Transportation encompassed 30% of the cost of product, so using correct transport mode is critical decision. Here company has its own fleet of vehicles to ensure smooth delivery of products under hygienic and controlled conditions. Information In todays competitive world astounding paper work and discordant computer system are unacceptable. Decision should be taken to obtain information from the point of end use. Need to have good coordination throughout the whole supply chain. For this network of computer and internet should be used to streamline the flow of information. Some software can also be used over LAN for account management and communication. Al Ain Dairy Farms provide technical expertise, team facilitation, leadership, and direction in deciding how you will meet the challenge. According to one the press realease in UAE, Al Ain Dairy has expanded its quality control system at local farms and processing plant through the establishment of two new technologies; a Food Lab System and Somatic Cell Counter. The voluntary testing equipment, which is adopted to ensure that all the companys dairy products meet international quality standards in accordance with the companys recent ISO certification. According to Mr. Abdullah Saif Al Darmaki, CEO of Al Ain Dairy, the continued growth of the UAE dairy industry will depend on the ability of large-scale producers to maintain international health standards as operations become more complex and geographically fragmented. The farms supplied raw milk must also go through additional screening procedures at the laboratory, using a Swedish-made Somatic Cell Counter. Somatic cells are white blood cells secreted by the cow and are one of the key indicators of whether raw milk is suitable for refinement. While this screening is a common test at dairy farms, few companies also implement the practice at their processing facilities. Recently Al Ain Dairy, has increased its juices product line by introducing two new juice flavours, guava and pineapple, to complement its existing range of six fruit juice products. Commenting on the introduction of the new flavours, Abdullah Saif Saeed Al Darmaki, CEO of Al Ain Dairy said: Growing our consumer base has been an important goal for us. With increasing demand in the market, we wanted to reinvest a significant portion of our profits in expanding our product lines and raising our production capacity. So far we are happy with the results. The company have also installed a High Efficiency Particulate Air Filter (HEPA) to filter the facilitys air and ensure a sterile working environment. According to one company report, better efficiencies and cost saving plans during a year also encouraged the growth of gross operating profits by almost 23%.

Industry Trends in Charter Schools

Industry Trends A charter schools is a new or converted public schools that are started by parents seeking another alternative to other existing schools in the area. Charter schools have been developed to serve a particular mission such as on art, or with a particular ethnic emphasis. Charter schools are still public schools. However, there is strict accountability to maintain high standards and charter schools are given freedom from many of the regulations that apply to other public schools, which allows for greater flexibility and innovation in the classroom (INCS).Charter schools are helping in closing the achievement gap that often happen in traditional public schools. They are raising the bar of what is possible and what should be expected in public education. Charter schools are effective for lower income and lower achieving students and aide in shattering low expectations and breaking through long-standing barriers that have prevented large numbers of students from underserved communities from achieving educational success. Studies have been shown some show charters outperforming traditional public schools.Compared to students in the matched public school, charter students are 5. 2 percent more likely to be proficient in reading and 3. 2 percent more likely to be proficient in math on their state's exams (Hoxby, p. 1). One of the many benefits of transforming to a charter schools is to be provide educational alternatives to families that would otherwise have no ability to choose a school. Middle-income families in the United States typically choose a school by choosing their residence and they often enjoy substantially freedom of choice.High-income families can choose a school by choosing residence in affluent neighborhoods whose property taxes also aide in financing schools in addition to state funds or they can afford to pay private school tuition. Thus, they can often choose over a variety of public and private schools. Low income families typically h ave little ability to choose a school and the property taxes which are usually low fund the school. Meaning limits on choice are few (Hoxby p. 18).Charter schools which are held to the same standards as public schools must take the same tests that are yielded to students in traditional public schools. However, accountability is different, tougher and parents are held accountable as well due to mandatory parental involvement. Parents that are vigorously involved in their child’s education will do better academically. Charter Schools offer parents in addition to board members and superintendent the chance to create schools that reflect their visions for their child’s education. Current IssuesSome educators feel that charter schools are not effective and have not been around long enough to prove if they are actually efficient. Cohen feels that they are performing worse than most traditional public schools even with all the funding they receive. The reasoning behind this i s due to inconsistency in staff because of the high turnover which can be equivalent to some traditional schools in poverty stricken neighborhoods. As she said, â€Å"all schools have their deficiencies, additional monies that charter schools receive could go to improve traditional public school educational reform† (Cohen).There are many educators who are for charter schools as stated by Jefferson Morales who claims â€Å"charter schools have the greatest chance to thrive when working collectively with administrators, teachers, students and parents which are all stakeholders in making sure that academic success is obtained. He also expresses that charters adhere to safe and systematic environment that is conducive to learning. It also allows for individualized instruction because the class sizes are smaller than traditional public schools, charters value quality teaching from great teachers of all walks of life.The curriculum is content-rich that is proven by research based instructional practices, teachers attend effective professional development seminars and charter schools have higher parental involvement† (Morales). Competiveness Those who back charter schools believe that charters create competition in the educational market, requiring traditional public schools to improve. Critics do not believe that competition encourages positive results and are concerned that the flowing of funds to charter schools will lessen the performance of traditional public schools and in so doing hurt students in traditional school settings.Zimmer and Gill, et al. , (2009) states studies that have examined systemic effects have used school level measures of competition, such as the distance from the charter school to nearby public schools or the proportion of the district’s students who are enrolled in charter schools. Hoxby (2002) and Bettinger (2005) used school-level outcomes to estimate competitive effects, while Holmes, DeSimone, and Rupp (2003); Bif ulco and Ladd (2006); Sass (2006); and Booker, Gilpatric, et al. (2005) used student-level data for more-refined analyses of competition in, North Carolina, Florida, and Texas.Generally, these studies found small, positive competitive effects or no effects on students in nearby traditional public schools (p. 77). Although studies have provided for understanding of the competiveness of charters and traditional schools the effects may differ across states and laws for two reasons. Zimmer (2010) First, there is considerable variation across the country in the extent to which school-district enrollments are growing or shrinking. In rapidly growing districts charter schools may act more like a release valve than a source of competitive pressure.Second, the specific details of charter laws and policies may determine the extent to which school districts feel competitive pressure. For example, states may have laws, in which districts do not lose the money when a student transfers to a chart er school, which in turn traditional schools do not have to compete for funding incentives for students (p. 79). For, instance there can only be 75 charter schools created in Chicago and 45 outside of Chicago. Laws governing charter schools in a state may require only so many schools which can restrict the competiveness between traditional and charter schools.Budgeting/Financing According to Illinois Network of Charter Schools, charters can seek and receive funding from several sources including individuals, businesses, fundraising and foundations. In addition, the U. S. Department of Education and the Walton Family Foundation each offers grants for starting charters. The Walton Family Foundation funding helps with the startup and planning of charter school. WFF currently offers three types of Startup Grants (INCS). †¢Pre-Authorization:$30,000 Maximum †¢Post-Authorization:$220,000 Maximum †¢Combination Startup: $250,000 MaximumThe Charter School Program which is a fed eral program provides up to 36 months of funding to charter schools from the time they submit a complete charter application through their second year of operations. CSP offers two ways that a charter can receive funds (INCS). †¢Through State Education Agencies †¢Directly to Charter Schools These funds will serve to assist new charter schools during the critical detailed planning stages and initial start-up of operations through pre-charter planning, program design, and initial start-up of operations through pre-charter planning, program design, and implementation grants (ISBE).In addition to the other options mentioned in funding the converted charter the district spent 9,517 per student. Converting to a charter will allow for more funds to be spent per child as compared to other districts that spend $12,000-$15,000 per student. This will greatly influence resources and training need to assist in the school meeting AYP. Under the No Child Left Behind law, schools are meas ured by how well students are doing. If students continue not to meet expectations it can result in teachers being replaced or the school closes. Operating Expenses Students (Traditional)The following charts show funding sources that District currently receives. Converting to a charter school would provide additional funding for improving districts Obtained from ISBE Recommendations Charter Schools are product of educational reform; Jordan Middle School is public school located in Chicago, IL this educational institution services African American and Hispanic children in grades 6th-8th. The school has been not made Adequate Yearly Progress (AYP) in four years. Yes, scores have been increasing yearly but has not meet state requirements as of today.If requirements are not meet in the fifth year Illinois State Board of Education will come in and take over the school. As shown in the chart below only 70. 9% of students out of 534 are meeting the Illinois Standardized Assessment Test. Th e ISAT score for the state is 82. 0% (ISBE). Teachers and parents are requesting that the School District convert the middle school to a charter school. Under the No Child Left Behind (NCLB) law, all schools are encouraged to have very high participation rates on their state’s exam in order to make Adequate Yearly Progress.Transforming the middle school from a public school to charter school will provide an opportunity to implement school-level reform and support new innovations which will improve student learning and assist in meeting AYP. The Superintendent and Board Members can work with charter school requesters to suggest mechanisms that will line up the petition and the district’s goals and vision for student learning. This chart was obtained by Illinois Interactive Report Card shows ISAT score for 2011 which indicates that the middle school did not meet AYP. References http://iirc. niu. edu/District. aspx? istrictid=07016143502011) http://incschools. org/start_a _charter/startupfunding/ Hoxby, M. Caroline. (December, 2004). Achievement in charter schools and regular public schools in the united states understanding the differences (pg. , 1 & 18). Retrieved on January 1, 2012 from http://www. vanderbilt. edu/schoolchoice/downloads/papers/hoxby2004. pdf J. Cohen (personal communication, December 16, 2011 J. Morales (personal communication, November 20, 2011) Zimmer, R. , Gill, B. , Lavertu S. , Sass, T. , & White, B. (2009) Charter schools in eight states: effects on achievement, attainment, integration and competition. RAND Corporation, 77.

The Death of Illustration Essay Samples Pdf

The Death of Illustration Essay Samples Pdf The Key to Successful Illustration Essay Samples Pdf It's possible to receive all of such ideas from such samples. This sample demonstrates how precisely the job is completed. The samples can be obtained via the download hyperlink button beneath each sample. Use the purchase calculator below and begin! Distinct types of writing examples can be seen below. A brief Purpose Statement TemplatesAwith clarity is a lot better than a longer one which does not comprise any practical details. It is likewise very important to review words regularly. Use phrases of illustration to supply fantastic examples. Getting the Best Illustration Essay Samples Pdf Essay writing is often practiced is schools. Since academic essays are popular in the business of education and research, you should make sure your writing is both logical, interesting and informative. An argumentative essay is a great tool of persuasion as you show the reader. Writing an illustration essay is a trying and yet fascinating task which demands diligence and a little creativity. You will need to understand how to compose an effective essay as it is a typical foundation for a student's grade. There are someA last minute essay writingA activities that are finished in numerous fields especially if students feel an academic essay is simply part of their requirements. Students have to compose essays based on the teacher's instructions or their preferred style in writing. The best method to find out how to find a high Analytical Writing score is to have a look at a GRE essay sample, but doing so with no guidance can be overwhelming. The Foolproof Illustration Essay Samples Pdf Strategy Now you have a notion of the way to write this kind of essay below are some reflective essay to provide you ideas. An academic essay always must be relevant. Always remember your academic essay needs to be playful it must not bore your audience. Sometimes called the exemplification essay, the illustration essay explains an overall principle or idea by utilizing lots of well- chosen examples. Conclusion You should restate your illustration essay thesis here and offer an overview of the key points together with the conclusions you have made dependent on these sorts of points. The essay business sample is about business essays. The descriptive essay sample is about giving an exceptional description in the essay. Case of a brief descriptive paragraph. Exposition Otherwise called expository writing which intends to explain or inform. You will write down all the illustrations that come to mind about the subject you've selected. Writing a great introduction and conclusion is just one of the greatest touchups an essay can get to turn into noticeable. To structure an essay, you have to simply stick to the above mentioned format. The Fundamentals of Illustration Essay Samples Pdf Revealed Do not consist of anything personal that you are feeling uncomfortable with. Whether you are searching for a more causal link, or something more serious, now's the opportunity to get started. Describe a pastime and the way it can be employed to make some excess money. It is possible to immerse yourself in finding out all there is to learn about a certain topic with no possibility of being distracted. Keep on writing what it is that you are likely to share with the reader, and offer reasons for picking a specific topic. The writer needs to be in a position to bring an emotional link between the reader and the subject. Acquiring excellent writing skills needs a lot of hard work, so keep practicing until you develop into a true expert! Describe the significance of education for ladies. To put it simply, an academic essay may be an evidence of the depth of your research procedures and the rest of the activities which you've executed so you can support the content of your written output. First it is helpful to clarify what's a personal reflection as is true with the majority of reflective writing a personal reflection is an answer to a specific stimulus. Such personal aspect can be an exceptional individual, an important location, or an important object. To put it differently, it discusses the negative facets of advertising. Descriptive Essay on Market can be employed by tou rists or visitors that don't have any prior understanding of a marketplace. You might also opt to write about how you use illustrations in your ordinary life. Witty Comebacks Online dating services are a fantastic method to discover people that you might be considering. Describe jobs acceptable for a college student to earn some excess cash.

Similarities And Differences Between Tikki Augii Movie And...

The Movie and Book of Rikki-Tikki-Tavi â€Å"Being brave means to know something is scary, difficult, and dangerous, and doing it anyway, because the possibility of winning the fight is worth the chance of losing it.† One of the cobras most threatening. When the cobra feels angry, it spreads out its enormous hood, to scare its predator. features is the hood. Rikki-Tikki-Tavi the book and movie are similar and different in an abundance of ways. The similarities are exact matches, while the differences illustrate the small separations in the story line. The main similarities or differences in the movie and book of Rikki-Tikki-Tavi are how the mother finds Rikki-Tikki-Tavi in the book and the father finds him in the movie, how the mother is†¦show more content†¦The father then stated, Hell do no such thing, Teddys safer with that little beast than if he had a bloodhound to watch him.† (Rikki-Tikki-Tavi Vimeo). The mother character later goes on to say that Rikk i has saved all of the families lives. In closing, the mother character in the book and movie was at first apprehensive of the wild creature, then in the end she was grateful of Rikki’s protection. Nag and Nagaina, the king and queen of the jungle, were killed the same way in the book and movie. The character of Nag and Nagaina are also the same in the book and movie of Rikki-Tikki-Tavi. In the book, as Nag was sneaking into the bathroom, Rikki jumped on his head and bit him, ending in Nag’s death ( Kipling 9). Nagaina was angered, and went to kill the family, until Rikki stopped her and angered her further more. He killed her by following her into her old hole, where she and Nag used to live. Rikki-TIkki-Tavi came out of the hole and remarked, It is all over, The widow will never come out again. ( Kipling 11). This explains how Rikki-Tikki-Tavi killed Nag and Nagaina. Nag and Nagaina had the same lines in the book and movie. These deaths were illustrated the same w ay throughout the movie and the book. As the result, the main similarities or differences in the movie and book of Rikki-Tikki-Tavi are how the mother finds Rikki-Tikki-Tavi in the book and the father finds him in

Potassium Chloride And The Molecules Through Semipermeable...

Potassium Iodide Binds to Polysaccharide Molecules through Semipermeable Membrane Introduction: Diffusion is defined at the net movement of molecular substances from an area of high concentration to an area of low concentration. Beyond that, diffusion can further be divided into two different kinds of net movement of substance to opposing concentration gradients, dialysis and osmosis. Dialysis is defined as the separation of small molecules from large molecules as they pass through a semipermeable membrane (Koerner, 1992). When talking about dialysis, it is most often associated with the function or failure of the kidneys ability to process and rid the body of toxins from the blood. It would prove to be fatal if the kidneys failed to remove the roughly 1,500 liters of waste building up in the body (Nordqvist, 2015). This experiment mimics the nature of a selective plasma membrane and with time, monitors to passing of substances in and out of the barrier. The end results should appear to show a color changing chemical reaction within the more concentrated tube of 15%glucose/1%starch solution. Initially the clear and milky appearance should transform into a black and deep purple hue from the attachment of iodine to the sugar solution. The experiment has been conducted previously yielding various results. External factors affecting the rate of diffusion play a part in this experiment. Heat due to its influence on the thermodynamics of the molecular substances. IncreasingShow MoreRelatedFluid Concept Pro ject Part 21706 Words   |  7 Pagesfrom each other and an explanation will be discussed next. Intracellular fluid is found within the cells of the body, which constitutes approximately 2/3 of the total body fluid in adults† (Trakalo, 2015, p. 336). According to Trakalo (2015), â€Å"Potassium and magnesium are the primary cations in the ICF, while phosphate and sulfate the major anions† (p.336). 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Motion Picture Industry Free Essays

Case Problem 2: The Motion Picture Industry This case provides the student with the opportunity to use numerical measures to continue the analysis of the motion picture industry data first presented in Chapter 2. Developing and interpreting descriptive statistics such as the mean, median, standard deviation and range are emphasized. Five-number summaries and the identification of outliers are also of interest. We will write a custom essay sample on Motion Picture Industry or any similar topic only for you Order Now Interpretations and insights can vary. We illustrate some below. Descriptive Statistics Variable N Mean SE Mean StDev Range Opening Gross 100 9. 8 1. 89 18. 87 108. 43 Total Gross 100 33. 04 6. 32 63. 16 380. 15 Number of Theaters 100 1278 138 1379 3905 Weeks in Top 60 100 8. 680 0. 639 6. 390 26. 000 Variable MinimumQ1 Median Q3 Maximum Opening Gross 0. 0100 0. 0625 0. 395 12. 49 108. 44 Total Gross 0. 0300 0. 375 5. 854 47. 69 380. 18 Number of Theaters 5. 00 45. 3 410 2732 3910 Weeks in Top 60 1. 000 3. 000 7. 00 13. 000 27. 000 Interpretation Opening Weekend Gross Sales. The mean opening weekend gross sales is $9. 38 million. The five-number summary is . 01, . 0625, . 395, 12. 49 and 108. 44. Thus the opening weekend gross sales is highly variable and ranges from a low of $10,000 to a high of $108. 44 million. 50% of the motion pictures had an opening weekend gross sales of $395,000 or less, and 25% had a relatively low opening weekend gross sales of $62,500 or less. The top 25% of the motion pictures had an opening weekend gross sales of $12. 9 million or more. Total Gross Sales. The mean total gross sales is $33. 04 million. The five-number summary is . 03, . 375, 5. 854, 47. 69 and 380. 18. Thus the total gross sales is also highly variable and ranges from a low of $30,000 to a high of $380. 18 million. 50% of the motion pictures had a total gross sales of $5. 854 million or less, and 25% had a relatively low total gross sales of $375,000 or less. The top 25% of the motion pictures had total gross sales of $47. 69 million or more. Number of Theaters. The mean number of theaters for motion pictures is 1278 theaters. The five-number summary is 5, 45. 3, 410, 2732 and 3910. Thus the number of theaters for a motion picture is also highly variable and ranges from a low of 5 theaters to a high of 3910 theaters. 50% of the motion pictures were shown in 410 or fewer theaters. 25% of the motion pictures were shown in 45 or fewer theaters. The top 25% of the motion pictures were shown in 2732 or more theaters. Number of Weeks in Top 60. The mean number of weeks in the top 60 for motion pictures is 8. 8 weeks. The five-number summary is 1, 3, 7, 13 and 27. Thus the number of weeks in the top 60 is also highly variable and ranges from a low of 1 week to a high of 27 weeks. 50% of the motion pictures were on the top 60 list for 7 or fewer weeks. 25% of the motion pictures were on the top 60 list for 3 or fewer weeks. The top 25% of the motion pictures were on the top 60 list for 13 or more weeks. General Observations. The data show that there is a wide variation in the performance of motion pictures for the four variables being studied. Motion pictures range from the low gross sales movies shown in relatively few theaters to the highly successful motion pictures with hundreds of millions in gross sales and playing in almost 4000 theaters. The profiles of motion pictures using the means and medians are shown below. |Profile |Mean |Median | |Opening Weekend Gross Sales |$ 9. 38 million |$ . 395 million | |Total Gross Sales |$33. 04 million |$ 5. 54 million | |Number of Theaters |1278 |410 | |Number of Weeks in Top 60 |8. 68 |7 | The relatively few extremely high performance blockbuster motion pictures tend to inflate the mean in the above profile calculations. The profile based the median gives a better picture of the middle or more typical performance characteristics in the motion picture industry. Outliers We will use outliers to identify the highly successful blockbuster motion pictures in the data set. Using Q3 + 1. 5(IQR) to identify the levels required to qualify as a high performance outlier, we have the following. Opening Weekend Gross Sales Q3 + 1. 5(IQR) = 12. 49 + 1. 5(12. 49 – . 0625) = $31. 13 million Total Gross Sales Q3 + 1. 5(IQR) = 47. 69 + 1. 5(47. 69 – . 375) = $118. 66 million Number of Theaters Q3 + 1. 5(IQR) = 2732 + 1. 5(2732 – 45. 3) = 6762 theaters Number of Weeks on the Top 60 List Q3 + 1. 5(IQR) = 13 + 1. 5(13 – 3) = 28 weeks There are no outliers in terms of the number of theaters or the number of weeks on the top 60 list. There were motion pictures that were high on these two variables, but not high enough to be considered outliers. However, there were six motion pictures that out performed the other motion pictures in terms of reaching outlier levels in opening weekend gross sales and total gross sales. These motions pictures are considered the â€Å"blockbuster† motion pictures in the data set. To be in this category the motion picture had an opening weekend gross sales greater than $31. 13 million and a total gross sales greater than $118. 66 millions. The six blockbuster motion pictures in this category ranked by total gross sales are as follows: |Motion Picture |Opening Gross Sales |Total |Number of |Weeks in Top 60| | |($ millions) |Gross Sales |Theaters | | | | |($ millions) | | | |Star Wars: Episode III |108. 4 |380. 18 |3,663 |19 | |Harry Potter and the Goblet of Fire |102. 69 |287. 18 |3,858 |13 | |War of the Worlds | 77. 06 |234. 21 |3,910 |19 | |Wedding Crashers | 33. 90 |209. 22 |3,131 |23 | |Batman Begins | 48. 5 |205. 28 |3,858 |18 | |Mr. and Mrs. Smith | 50. 34 |186. 22 |3,451 |21 | Star Wars: Episode III was the top motion picture in terms of both opening weekend gross sales and total gross sales for 2005. War of the Worlds was shown in the most theaters 3910 and Wedding Crashers, at 23 weeks, was the motion picture in this group with the longest run in the top 60 list. How to cite Motion Picture Industry, Papers

Effective Crisis Management Techniques free essay sample

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