Importance of Money A great philosopher once said “Money is a barrier against all possible evils. ” Let’s explore and expand on this thought. Money can prevent the sufferings that come with poverty like cold and hunger. While sickness can not be totally obliterated by money, it can be considerably relieved by it. Generating wealth and Giving away money to charity can also provide us with the satisfaction of relieving others from suffering. With money, we can obtain an advanced education that may aid us in the development of genius and extraordinary achievements.
It gives us the leisure to devote a part of our time to culture and art. Money can provide a powerful diversion for all or our troubles by permitting distraction from societys anxieties that assail us. So we must try to get a thorough understanding of all that we may possibly do, in an honorable and legitimate way, to conserve wealth. Even to those who have inherited wealth, idleness can be a certain cause of ruin. A great fortune needs genuine labor for efficient administration. Those who leave this duty to strangers may pay a penalty for their negligence.
This is why a rich man, who wants to create wealth, preserve and increase his fortune, should be his own business manager. Even artists must know the price that their work is worth. It is necessary for the artist to be a businessman in order to have the right to be a genius. History is full of example of this. The great Shakespeare labored as a theatre manager to obtain the necessary leisure to produce his dramatic masterpieces. Edison worked as a telegraph operator to pay the bills while he “moonlighted” as an inventor.
From the bottom to the top of the ladder, it is necessary to amass money in order to apply it to some great cause. Money is the means by which we may fulfill our purpose in a larger and better way. Everyone should, in his own way, make an effort to amass some money. Some will apply money to their daily wants. Others seek to swell the fortune that they desire to leave to their children. Some only desire money so they can devote it to some noble enterprise or charity. Finally, a large number see money chiefly as a means of immediate gratification.
Whatever the reason, everyone capable of earning money should learn how to manage it properly in order to ensure that they will have enough of it to apply to the causes that they choose. From the bottom to the top of the ladder, it is necessary to amass money in order to apply it to some great cause. Money is the means by which we may fulfill our purpose in a larger and better way. Everyone should, in his own way, make an effort to amass some money. Some will apply money to their daily wants. Others seek to swell the fortune that they desire to leave to their children. Some only desire
SLP RESOURCE ALLOCATION: LINEAR PROGRAMMING
SLP RESOURCE ALLOCATION: LINEAR PROGRAMMING.
Description RESOURCE ALLOCATION: LINEAR PROGRAMMING SLP General Background The fundamental reference for all four SLP assignments is the Continuous Process Improvement Transformation Guidebook. You should acquaint yourself with its contents before beginning the first SLP, refer to it throughout the course, and cite relevant portions as you prepare each SLP assignment. This SLP assignment continues the analysis of the process described in the Moduel 1 SLP assignment. For this assignment, please write an essay describing: • The end users of the process output. How dependent are they upon the output? If the output were interrupted or delayed, how affected would they be? Do they have alternative suppliers? Could they substitute other goods or services for the process output? • The process stakeholders. These are all the entities (people, groups, organizations, etc.) affected in some way by the process. Obviously, the end users are stakeholders. Other stakeholders are the people who perform the process, the suppliers, and the entities who are dependent upon them. Describe the stakeholders and the nature of their dependence on the process. • The process “touch points” (places, or points in time, where something specific happens). They may involve different entities or people. Consider, for example, assembling an auto engine. Three (of the many) touch points are installing pistons, mounting the crankshaft, connecting the piston tie rods to the crankshaft. SLP Assignment Expectations 1. There are no page limits. Write what you need to write, neither more nor less. Make each sentence count! (Having said that; it’s unlikely that one page would be enough, and very likely that eight pages would be too much.) 2. Ensure that your answer reflects your detailed understanding of the theory and techniques taught in this module. 3. References and citations are required. This requirement can be satisfied by citing the module Home page, and (for the SLP) the DOD CPI Guidebook. 4. Follow the instructions in the Writing Style Guide.
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