Robert Merton’s perspective by looking at his significant contributions to functional analysis. Robert Merton (1910-2003) attempted to rectify some of the weaknesses within structural functionalism. Specifically‚ he criticized the underlying assumptions of functionalism and added complexity to how structural functionalism dealt with the relationship between structures and functions. Dispensing with the notion that all parts of the system are functional‚ highly integrated‚ and indispensable
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Case Analysis: Merton Truck Company Linear programming techniques can be used to not only determine the best production mix‚ but also to provide clues and data suggesting ways to improve profits. In 1988‚ Merton Truck Company was searching for ways to increase profits and ultimately its poor financial performance. Options being considered included changing their product mix by either removing or adding a product line‚ or renting capacity. In the following pages‚ the product mix and capacity
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Merton Electronics Case Study 1) Merton Electronics is subject to transaction exposure. Transaction exposure is the gains or losses realized from the settlement of specific transactions that are denominated in a foreign currency. There are two main types of transaction exposure: 1) Purchasing or selling on credit goods denominated in a foreign currency 2) Borrowing or lending funds when repayments is going to be made in foreign currency. In respects to Merton’s Yen payments they are subject
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Merton Electronics Corporation About company -Since its founding in 1950 by Thomas Merton‚ Merton Electronics had been a distributor for GEC‚ a large manufacturer of electrical and electronics products for consumer and institutional market. -Over the years‚ in addition to the GEC products‚ the company had added noncompeting lines of electrical appliances‚ records‚ compact discs‚ and cassettes. -Four years later‚ it entered into an exclusive import agreement with the Goldstone Corporation of
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MERTON TRUCK COMPANY 1) No. of Model 101= x‚ no. of model 102=y.Unit contribution/model= S.P – (Variable costs + Fixed cost).For Model 101‚ variable cost=36000 /unit‚For Model 102‚ variable cost=33000/unit.Fixed cost for both the model= 8600000 Therefore‚ total contribution z=39000x+38000y-36000x-33000y-8600000Z=3000x+5000y-8600000 The Constraints are:Engine assembly: x + 2y <= 4000Metal stamping: 2x + 2y <=6000Model 101 assembly: 2x <=5000Model 102 assembly: 3y <= 4500x‚y>=0.Solving
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DXX I NDIAN I NSTITUTE A HMEDABAD OF M ANAGEMENT IIMA/QM-xxx Merton Trucks Case Note Abstract We discuss Merton Trucks [Dhe90a] as a case to introduce linear programming in the MBA program. This case adapted from Sherman Motor Company case‚ was used to introduce Linear Programming formulations as well as duality. Refer to the teaching note [Dhe90b]. Our approach differs from the approach suggested by Dhebar [Dhe90b]. First‚ our audience consists pre-dominantly of engineers with not too much work
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In our reading for this week we talked about the four norms of Merton. This was first used in 1942. The norms are universalism‚ communism‚ disinterestedness‚ and organized skepticism. These were the keys to Merton social structure of science. Once learning about the four we can take those to learn how to interpret the norms‚ and use them in boundary work. Interpreting is not knowing the definition of these norms‚ but how they are used. Using them to connect other things in life and science. Which
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Hoang Ngo Lab 6 report Anita Dey Thursday 8am Abstract: We recently performed a liquid nitrogen experiment in finding the Latent heat of the substance. We isolated two parts of the experiment in order to find out how much evaporation of the liquid nitrogen was from the surroundings B and how much evaporation from the electricity G. 1. When a substance is undergoing a phase transition‚ more heat (energy) is being added to the Substance but its temperature (a way of measuring its energy) is not
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Manifest Destiny America in the 19th century was a time of conquering and exploring new lands. The philosophy behind manifest destiny has fuel the motivation of many Americans‚ to expand and change our nation. Manifest destiny is a concept or belief and it’s not an event. Manifest Destiny has served as a justification that Americans could and is destined to expand our land. I certainly believe that because of manifest destiny‚ our country is the way it is. That being said‚ manifest destiny is not
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David Gonzalez 04/15/14 Manifest Destiny During the mid-nineteenth century‚ Americans believed they had the divine right to expand westward the boundaries of the United States‚ through the Appalachians all the way to the Pacific Ocean. In time‚ the United States would gain the territories of the French‚ Spanish‚ and Russians‚ as well as other islands from around the globe‚ and take the shape we now know. Independence had been won in the Revolutionary War‚ and the period was one most patriotic
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