Chaotic Curiosity or Curios Chaos

Chaotic Curiosity or Curios Chaos Abhishek Tiwari The word science comes from â€Å" scientia †, Latin word for knowledge. Webster’s dictionary defines science as â€Å"the knowledge covering the general truths of the operations of general laws, especially as obtained and tested through the scientific method and concerned with the physical world†. In a layman’s interpretation science is a systematic way to obtain the knowledge about the mystifying secrets of Mother Nature by few known facts, observations, and few approximate estimations. New theories and laws in science are proposed by using two points- 1) repetition or reproducibility of the data, and 2) computational simulation. But what happens if these fundamental rules are not followed in a system? As they say, exceptions to rules form new rules, these infringing systems fall into the category of â€Å"Chaotic systems†. Chaotic systems are those in which the distant results are practically unknowable. The Theory of Chaos r ules this domain of science. Today chaos theory is a field of study in mathematics with several applications in the fields of biology, cosmology, economics, engineering, meteorology, and physics. It talks about deterministic dynamic systems which are not just highly but infinitely sensitive to the initial conditions. Under such circumstances even with a fraction of difference in the initial stages would yield into complete different outcomes every time the process is started hence defying the first basic rule in experimentation. Every technology is built with its own error, limitations and approximation, and therefore computer simulation of such a dynamic system to know about its fate at certain point in space-time would either require a huge amount of initially defined components or a long time calculations which would still differ with the actual outcome. In other words the deterministic nature of such dynamic systems may not help in determining their future. Meteorologist Edward Lorenz was the first person to talk about chaotic systems. He summarized this theory as, â€Å"when the present determines the future, but the approximate present does not approximately determines the future†. In 1972 Edward Lorenz wrote a paper titled as â€Å"Predictability: Does the flap of a butterfly’s wings in Brazil set off a tornado in Texas?† on the theory of Chaos. Edward Lorenz accidentally came across this topic while doing his work on weather forecast. Using a simple computer of his time, he was running a weather simulation. However due to time constraints he started his work mid way and to his astonishment he got a completely diverted results from the previous output. He concluded that the difference was generated due to the rounding-off of the numbers in the input. The consensus of the difference should practically have no effect on the immediate prediction but in a long run produced a significant difference. The word chaos is generally taken as c omplete disarray is a misnomer for this theory. The chaotic systems are not cluttered but are disciplined to an extent. Like we know for sure that the moon would not collide with earth in few weeks but the prediction remains uncertain for a longer time period. Similarly weather forecasts are known most accurately about a week before. Therefore chaotic systems are predictable for a while but later on with time it becomes random. The effectiveness of our prediction can be determined by following factors:-

Burger King Beefs Up Global Operations Essay Example | Topics and Well Written Essays - 1000 words

Burger King Beefs Up Global Operations - Essay Example The corporate headquarters of Burger King is located in Miami, Florida. Miami is often referred to by Latinos as the capital of Latin America. The firm’s reputation in Miami which is one of the cities in the United States with the highest population of Latinos spilled over into the rest of Latin America (Uts, 2011). In terms of geographic considerations the proximity of Miami to the South America and the Caribbean region enhances the ability of Burger King’s management to visit these countries and for franchisees to visit corporate headquarters. Marketing is the value chain activity that adds greatest value to the company. The success of Burger King is highly dependent on its ability to attract return customers. Advertising has been used by the company to build the brand value of the firm. The company finances a lot of its marketing budget by charging its franchisees a 4% marketing fee on all sales which is independent of the 4.5% royalty fee it charges (About, 2011). 3 . The international expansion of Burger King came at a slower pace than its main competitor in the fast food industry, McDonald’s. An advantage of being the first to the market is that first entrants create greater brand value recognition than followers (Kotler, 2003). A second advantage of entering a market first is the ability to obtain a greater market share. Companies that follow have to invest a lot of money in advertising to steal market share away from the first entrant. A third advantage of being first in the market is the ability to lock up contracts with suppliers. This is very important especially in markets that have a limited amount of suppliers. The most important supplier for a hamburger chain is the slaughterhouses that provide the meat. On the other hand it is advantageous to enter the market later because the first entrant takes all the risks of the market not being suitable for the product the company offers. Another advantage of entering later is that the first entrant spends large amounts of capital to build up the demand for the product and is also responsible for creating the supplier network. 4. An advantage for a company such as Burger King in comparison with local merchants is that Burger King has greater purchasing power than the competition. Burger King can take advantage of economies of scale and as a consequence the firm can implement a lower price structure to attract customers. The local merchants have advantages over Burger King such as having a fixed customer base and greater knowledge of the customers eating preferences. 5. Burger King has more than 2/3 of its stores located in North America. The company has to move away from this strategy due to the fact that the fast food industry in this region is very saturated particularly in the United States. There are over 160,000 fast food restaurants located in the United States of America (Numberof, 2010). The company’s strategy must change to achieve greater internat ional penetration. Burger King currently has a physical presence in only 40% of the 210 countries worldwide (Garabain, 2008). Emerging economies should be the prime target of Burger King particularly the BRICS (Lukyanov, 2011). The BRICS is composed of Brazil, Russia, India, China, and South Africa. The population of China and India combined represent 36.66% of the world’s population. 6. It is advantageous to penetrate countries that have large numbers of youth and shopping centers. The main consumers of fast food are teenagers, generation

Project report-Ikea Estates Essay Example | Topics and Well Written Essays - 3000 words

Project report-Ikea Estates - Essay Example As far as the marketing plan is concerned, strategic and marketing concepts such as the SWOT analysis, PEST analysis, Segmentation, targeting, positioning and the 4 P’s of marketing has been used (Kotler, 2001, p. 25). As mentioned earlier Ikea, the master of self assembly, flat pack furniture manufacturer entered the prefab housing business. The company joined forced with a construction firm name Skanska in the year 1996. The prefab houses developed were named as ‘Boklok’. The houses were made available in Finland, England, Denmark and Norway (Kohler and Fetters, 2006, p. 54). Prefabricated housing has attracted many businessmen, architects and politicians over the years. The factors behind the attraction are the promise of an expedient, affordable housing at a relatively modest price. However, many perceive this as a solution provided o solve the housing crisis. Prefabrication can be defined as the assembling of components of a construction structure in a factory unit and transporting the completed the assemblies to the designated site. This approach contrasts the traditional approach of construction, where the raw materials are taken to site and assembled to develop construction structure. The principle of prefabrication is applicable on the grouping of similar tasks using assembly line techniques during the availability of skilled workers. Prefabrication is very effective in the presence of modularization. Application of prefabrication was pursued in construction industry to counter the aftermath of the world war two crises, especially in the UK, US an d Japan market. However, over the years the success of prefabricated housing has been questioned over the factors like quality, social status. Therefore the traditional housing still reigns supreme over the prefabricated housing techniques (Biswas, 2011, p. 105). In UK the construction housing is mainly dominated by the brick related construction methodology.

Computer networking and management Essay Example | Topics and Well Written Essays - 5000 words

Computer networking and management - Essay Example It is also possible for network managers to restrict or otherwise bock the service for specific types of traffic or threats. (Herman 2006) These tools can be as simple as blocking certain domains from access using open dns or as sophisticated as virus and spyware protection software products. (Korzeniowsk 1998) However there can sometimes be too much control and blocking useful resources can result from over zealous network traffic mangers. Blocking VoIP is just one such threat that may be considered. Blocking peer-to-peer traffic is also another example of the general problem of this threatened innovation. This can also fall into the commercialization of networking. Often many telecommunications executives have threatened to charge extra fees for valuable services simply because they can by blocking the service otherwise. â€Å"As soon as a new application increases the value of network resources†¦ or disproportionately draws upon those resources†¦BSPs [Binary Space Partitioning] may have the economic incentive to surcharge or degrade those services.† (Herman 2006) BSPs can therefore extort fees from users in direct proportion to thier perceived value of the new advancement. Conversely they can also block bandwidth-intensive mechanisms instead of upgrading their networks. â€Å"This systematically favours the technological status quo, reducing the competition for new online innovations and therefore reducing social welfare.† (Herman 2006) Many users have seen this on their existing network where upgrades and updates are avoided rather than spending extra money on new equipment to increase memory and bandwidth. As more and more management tools become available there has been a need for management of the management tools. An excellent example of this is Microsoft’s Small Business Server (SBS) toolbox of management software. Using the windows SBS console the network manager can add view, and edit users quickly and

Brown Fields Essay Example | Topics and Well Written Essays - 1250 words

Brown Fields - Essay Example The Brownfield Program by the EPA was put in practice 1995. It has grown into a results-oriented program which has changed the way contaminated property is often taken to be. The Program was intended to empower communities, states, and other stakeholders in redevelopment of the economy to work together in an appropriate manner in order to assess, prevent, sustainably reuse, and safely clean up Brownfields (EPA). The Brownfields Program offers monetary and technical backing for activities in Brownfields through approaches that are based on four major goals. One goal is to protect the environment and address Brownfields in order to sustain safety. The second goal is to promote partnerships, enhance partnership and communication important to ease cleanup and reuse of Brownfields. Thirdly, the program aims to strengthen the marketplace, provide monetary and technical support to boost the private market. Finally, they program aims at sustaining the reuse and redevelopment of Brownfields to improve communities’ long-term quality of living (EPA). It is projected that there are over 450,000 Brownfields within the U.S (EPA). Reinvesting in these Brownfields and Cleaning up the properties increases home and neighboring tax bases, aids growth of jobs, makes use of existing infrastructure, takes off development pressures, and also protects and improves the environment (Hersh, Morley and Schwab). At first, EPA offered little amounts of money to the local governments that started many two-year Brownfield steering projects. The Brownfields Law has extended EPAs support by offering new tools for the private and public segments so as to encourage sustainable cleanup and reuse of Brownfields. There are a number of Brownfields grants that serve as the basis of Brownfields Program by the EPA (Hersh, Morley and Schwab). The grants support recovery efforts by backing environmental assessments, clean-up, and training activities for

Logic Application Essay Example | Topics and Well Written Essays - 500 words

Logic Application - Essay Example Now I know the sum of my cards: my cards’ sum value is either 14 or 18. From this question we realize we have the five odd numbers, that is, 1, 3, 5, 7, and 9. The ones that I can see are 1, 3, and 7. Because there are five odd numbers, then among my cards I must have 5 and 9. It has to be noted that the card numbers have to be between 1 and 9. Now that I know I have two odd numbers that is 5 and 9. I also know that my sum is either 14 or 18. Furthermore, the games rules are that I have three cards whose value is between 1 and 9 (Harris, 2000). The following steps shows my third cards Since I have three cards then obviously the sum of my cards has to be more than 14. If the sum is more than 14 then it can only be 18 indicating my third card’s value is 4. Therefore, my cards are 4, 5, & 9. Using information revealed by Andy’s question, I realized that the sum value of my cards is either 14 or 18. Using information from Belle question, I realized that I have two odd numbers 5 and 9. The sum value of these two cards is 14 and since I have a third card then the total sum value is 18 indicating my third card to be 4. Therefore, my cards are 4, 5, &

Changing environment factor, and Pricing Strategies Essay - 1

Changing environment factor, and Pricing Strategies - Essay Example Undeniably the muffin market in the United States has its share of competitors and Wholesome Muffins will not entirely be entering a new market. Subsequently since the objective is profit maximisation it would be better for Wholesome Muffins to establish a position above the other competitors. To achieve this, the firm will require licence permission to operate as a subsidiary. This also implies that the subsidiary will be registered and licensed under the limited liability option as well as the franchisee alternative. This has a great role in ensuring that the marketing production and growth strategy maintains a direct channel approach (Berry, 2008). Despite the identified influence of the legal entities in the chosen type of organisation, it also presents certain risks. To begin with it would be impractical to establish a place of business in the country if the government fails to cooperate and offer assistance. This could occur through unfriendly policies and standards that will lead to extra expense and cost. If the firm does not also receive political input it will not have the relevant market statistics. This means that it will fail in making the customers preference and taste (Kerin, Hartely, Berkowitz & Redelius, 2006). The lack of cooperation from the government also puts the company at the risk of intellectual property insecurity. Subsequently it will fall behind the competitors increasing its operational management and marketing costs. The United States’ food market was hardly hit by the recent economic crisis that drove the interest rates on goods and legal tender sky high slowly eliminating the unstable and inefficient companies. The remaining companies were forced to diversify to break even. Subsequently the competition for Wholesome Muffins comprises companies that have fresh muffins as just one among their products. However, the competition still exists, and it poses great risks to the firm’s performance. However,