Cultural Event Report Essay Example | Topics and Well Written Essays - 500 words - 6

Cultural Event Report - Essay Example These works include a lot of paintings, photography, media arts, sculpture and design. The collections and works in the museum therefore serve the international community. When I arrived at the museum I saw different cadre of people from all walks of life either entering, leaving or in the museum. This attracted my attention and I got interested as to why all these people came to this place. I knew there must have been something very unique. When I arrived at the museum, it was appealing enough. The buildings are lovely and the architects are very touching. I felt as if I should stay there for the rest of my life. When I was entering I realized that it was not necessary that I follow a particular route. I saw everyone else following their self made routes. This enabled me to go the direction which I admired. The freedom that was there was just amazing. The oceanic galleries were dramatic and marvelous (Kino, 2010). The department of Media arts at San Francisco develops exhibition programs as well as educational events (Littlejohn, 2010). The events relate to video, performance art related to media arts and films. This department is composed of diversified modern art production technologies. This department consists of videos, digital film experiments and web projects. The museum has archives which are used as a conservation and research centre. Modern paintings, paper works, analogue and digital objects. It provides security to these objects and is also used by various professionals as a laboratory for carrying out research. The research library is composed of exhibition catalogues, monographs, serials titles and general art resources. Other things in the archives are a collection of artists’ books such as Margery Mann and Tillim (Kino, 2010). In general this department is composed of all the historical things and objects. After a visit to the museum I can say that it was a good experience to me. It provided me with positive

Impact of Globalization Essay Example for Free

Impact of Globalization Essay It has gradually evolved from the 1970s after the advent of different forms of high speed transportation and communication to the age of information technologies around the millennium, to make a single unified community where all the major sources of various social conflicts have disappeared (Scheuerman, 2010 and World Regional Geography, 2009). There are several ways of defining Globalization. As defined by Dr. Nayef R. F. Al-Rodhan (2006), â€Å"Globalization is a process that encompasses the causes, course, and consequences of transnational and transcultural integration of human and non-human activities. The effects of Globalization are manifold. It influences industrial sector, financial sector, labour markets and consumers of a particular country. On one hand it gives rise to more jobs and industries, however, on the other hand, countries are becoming dependant on the other country for a specific product/raw material. Additionally, because of outsourcing jobs from developed economy are being transferred to the developing economy, which has a negative effect on the developed economy and positive on the developing economy. 2. 2 Consumer Packaged Goods and Globalization Consumer Packaged Goods (CPG) are sold at relatively low price and are non durable goods like grocery items, soft drinks etc. Large CPG manufacturer has an advantage of strong brands, greater geographical coverage and having major retailers. CPG industry is affected by the change in fashion, fads and consumer preferences, which in turn effects the purchasing decision of a consumer. Therefore, I believe that in the fast and ever changing world of Consumer Packaged Goods (CPG) it is imperative to discuss the effects of globalization on this industry. Additionally, there is immense pressure and intense competition between the manufacturers globally to fulfill the demand of consumers. 2. 0 Impact of Globalization on CPG Industry 3. 3 Costs and Benefits of Globalization on CPG Industry There are diverse ways in which globalization impinge on CPG industry. Some are beneficial for the industry and some aren’t. The good side of globalization is explained as follows: a. Profits from emerging markets: Procter and Gamble in year 2006, showed a total sales of US $ 68 billion, out of which US $ 21 billion was from emerging markets. Additionally, from 1992 to 2006, globalization has boosted the American economy by US $ one trillion in Gross Domestic Product (Veiders, 9th July 2007, Supermarket news). b. Consumer’s advantage: The consumer gets the advantage of choosing from wide variety of goods, in addition to the comparative advantage. Additionally, the offshore markets are producing goods at a price which is lower than the domestic production of a particular country. Though this is an advantage to the consumer, this could hamper production and associated profits in some countries (Oline Thompson, 2006, CPG Manufacturing) c. Foreign capital access: Foreign capital access is the main driving force of globalization. This in turn increases the investment power of a particular country to produce better produce economically (13th February, 1996, WTO News (press releases). The other side of globalization illustrates some problems faced by CPG Industry: a. Cultural disparity: A product that might be a necessity in one country might not be even known or used in the other, which would have a negative effect on the CPG industry while trying to encourage its use in a particular country. To cite a salient example, Brazilians usually don’t have breakfast, because they sleep late at night and consumers in China for breakfast eat hot, soft and savoury, while the North Americans love cold, crunchy and sweet breakfast. This was the difference analyzed by Kellogg Company in 2007 (Veiders, 9th July 2007, Supermarket news). b. Global Competition: In this fast paced environment any CPG company have to constantly innovate and differentiate their product, to maintain or increase their market share. Every year large number of new products are being roduced and capture the shelve space of the existing labels and compete with them.

Advantages And Disadvantages Of Prefabrication As Construction Method Construction Essay

Advantages And Disadvantages Of Prefabrication As Construction Method Construction Essay The aim of this research is to establish whether an increased use of off-site manufacture will produce a more energy efficient housing stock, as the UK gets closer to its carbon reduction deadline. The objectives of this study are; To identify the key advantages and disadvantages of prefabrication as a construction method, and to establish how these are achievable compared to traditional methods. To identify the current requirements for energy efficiency in new build houses. To identify the requirements of the Climate Change Act 2008 and how this will affect the construction industry. To establish the current use and opinion of prefabrication/off-site manufacture in the construction industry The UK is legally bound to cut its green house gas emissions under the Climate Change Act 2008. These cuts are a 34% reduction by 2022 and an overall 80% reduction by 2050, compared to the baseline emission value from 1990. This is not a scientific quantitative study of the actually energy efficiencies of the construction method, but more of an in-depth qualitative study of the features of prefabrication. This will be done by reviewing existing literature on the topic and comparing this to actual opinions and use in the construction industry. These opinions and the level of implementation of prefabrication within the construction industry will be established using questionnaires. From this analysis it is hoped that there are environmental benefits to using off-site manufacture/prefabrication. This should then be shown in the construction industry by its increasingly use. With the UKs housing stock producing approximately 30% of the UKs total carbon emissions, it is a sector where huge environmental gains can be made (House of Commons 2005). Although the Climate Change Act 2008 is not specifically aimed at the construction industry, the Chief Executive of the Committee on Climate Change, David Kennedy has called for action in four key areas; the method by which electricity is produced, increasing the use of electric transport, reducing the carbon footprint of farms in the UK and an increase in the construction of energy efficient homes (Adam 2010). Many reports, especially from prefabrication manufacturers themselves state the benefits of off-site construction over traditional methods. These include an increased speed of construction, better health and safety conditions on-site, better quality of final product and a lesser total cost when economies of scale apply. However when observing construction sites; off-site construction seems to not be included and traditional methods of construction seem to dominate. This study aims to find out the actual use of prefabricated, off-site components within the industry, and the reasons professionals have for either using, or not using this construction method. The hypothesis for this study states that the current use of off-site manufactured components will have a positive correlation to the perceived benefits from using them. For example if the perceived benefits of the using off-site manufactured components are great, then it is predicted that their use will be common within construction. Conversely if the features of prefabrication are not greatly beneficial compared to traditional methods, it is predicted that the use of off-site manufacture in the construction industry will be low. These assumptions have been made due to common reasoning, being that; if something is more beneficial than another, it will be chosen more often. Some basic problems that may occur in this particular research project could involve the participant design. For example because this is a small scale research project, only a reasonably small number of professionals will be contacted to complete the questionnaire. This will mean that the results from the data collected can not be generalised to the rest of the construction industry. Another problem may occur with the return rate of the questionnaire. The expected return rate is 30%; this means that from the 60 questionnaires sent, around 18 are expected to be returned. Another problem may occur because the information produced about the systems is usually produced by the manufacturers themselves, and may be biased. The hypothesis will be accepted if the primary literature search states that there are clear advantages to prefabrication, and the industry study shows that it is being increasingly used as a construction method. It will be rejected if there is no significant correlation between the reported benefits and the use of the construction method. This dissertation will take the following structure. First a literature review will be undertaken to establish all known information on the subject area. This section will include analysis of literature to establish what the stated benefits of prefabrication are compared to traditional methods of construction. Examples of each construction method will be analysed and areas where the benefits or disadvantages arise will be highlighted. The Climate Change Act 2008 will be reviewed to ascertain the requirements the UK is legally bound to fulfil. The current energy efficiency requirements will be taken from a study of the Building Regulations. Then a methodology will be created which will involve formulating questions that have not been answered from the literature review. A participant design will be identified and a justification for its selection made. The selection and the rationale behind the research method chosen will then be made. The questionnaires will then be sent out and the data analysed from the information collected. A series of tables and graphs will be produced to identify any significance in the results collected. A discussion will then take place to deduce why the data collected has been produced and the impact it may have on the information we already know. Conclusions will then be made that will summarise the findings and show any limitations to the study that should be rectified if done again. This section may highlight areas for further research. At the end of the document, a section of references and appendices will be included. 2. Literature Review 2.1 Prefabrication Prefabrication is a term used to describe the construction of buildings or building components at a location, usually a factory, remote from the building site. (Emmitt, S. 2010) Prefabrication can also be known as off-site prefabrication (OSP), off-site manufacture (OSM) and as a modern method of construction (MMC) (Taylor 2010). It has been used in mass production of housing since the early twentieth century (Arieff, A 2002). Prefabrication need only affect the construction process and not the end-product (BRE 2001). It is common practise nowadays to use prefabricated components such as trussed roofs and precast concrete sections, however for the purposes of this study, the terms prefabrication and off-site manufacture are applied to bigger components, such as fully fitted toilet pods shown in Figure 1ab and external wall blocks with windows preinstalled and internal finishes applied. Figure 1a Source; http://www.archiexpo.com Figure 1b Source; http://www.stcinc.net/bahamar.html Figure 1a/1b; a prefabricated toilet and kitchen pod, ready to be lifted and secured on-site. Image and performance problems in the past have hindered the use of prefabrication, so it is useful to study the history to see if the same problems exist today. The mass production of prefabricated components started in the early twentieth century; however there are examples of its earlier use, including the UKs first iron bridge constructed in 1779 at Colebrookdale (BRE 2001). The major push for the use of prefabrication in the housing market occurred after both the First and Second World War (Arieff, A 2002). This was due to the period of reconstruction to account for the lack of new buildings constructed during the conflict, and the existing buildings that were damaged as a consequence of the conflict. Prefabrication suited the needs of the times as it provided a fast and affordable solution to the housing shortage. It addressed the lack in construction skills that existed after the wars and provided jobs in the factories for many people. It also provided a solution as to what to do with the large facilities that were constructed for armament manufacture during the war. Prefabrication enabled effective material management, reducing wastage. This was important at the time as there was a shortage in materials after the massive focus on production of components used for war. In October 1944 the Housing (Temporary Accommodation) Act was passed that gave the Government the power to spend  £150M on the construction of temporary housing. This led to around 157,000 temporary houses being erected from 1945-1948 (BRE 2001). This figure is less then was anticipated by the programme and subsequently led to the poor perception of the construction method. Factors that have also slowed development of off-site manufacture include the poor quality of earlier systems, the difficulty involved with the maintenance of systems installed after the war and the poor attention to detail that was incorporated into their design also hampered the development (BRE 2001). Due to the difference in physical construction processes compared to traditional construction, prefabrication produces the opportunity to capitalise on many benefits. Therefore new OSM systems boast many advantages from using off-site manufacture as a primary construction method. These include an increased speed of construction. A case study from modular building contractors Unite Modular Solutions reports of a 76 module, 32 self contained flats scheme in London that was fully erected in 8 days (Unite 2009). A study undertaken by Davis Langdon and Everest found that for the Peabody Trusts Murray Grove project in East London, a saving of 18 weeks was achieved compared with a conventional project (Davis Langdon Everest 2002). Due to the factory conditions in which the components are constructed, a higher level of quality can be incorporated into the end product. Problems occur on-site when adverse weather conditions affect the quality of components such as concrete. When the weather is adversely hot, too much water evaporates from the concrete whilst it is curing. If the temperature is too low the chemical reactions that happen during curing will take place too slow. Both these extremes will have detrimental effects on the compressive strength of the cured concrete (Mittelacher 1985). There is also less movement and shrinkage when the project is completed that means that the quality of the finishes and the level of attention to detail permissible mean that snagging time is reduced at the end of the project. This is the added time of making sure the finishing quality is satisfactory. The use of prefabrication can improve the health and safety conditions on-site. This done by eliminating the congestion on site as well as the amount of working from height that is necessary. This is because anything that is needed to be done at height can be done in the factory conditions on platforms under correct supervision. A paper produced by the Health and Safety Executive reports that HSE: à ¢Ã¢â€š ¬Ã‚ ¦statistics indicate that fatal accidents in construction are five times more likely than in the manufacturing sector. (Taylor 2009) The main advantage that makes OSM relevant to this study is the environmental benefits it is reported to bring to a construction project. With a higher standard of quality, optimum thermal efficiencies and air permeabilitys can be achieved consistently using OSM. When construction takes place on-site, there is more of a chance of thermal bridges and insufficient workmanship to reduce the thermal efficiencies of a component. In a factory, standardised components can be used in a controlled environment with correct supervision to achieve minimal tolerances in products. Less waste is produced during the manufacture stage compared to traditional methods of construction. This is due to lean processes and the efficient use of resources. The opportunity to re-use and recycle materials is also increased due to the controlled factory conditions. The factory environment means that components are produced correctly the first time, limiting waste. Another benefit is that the final design is locked at an early stage, so the opportunities for variations on-site are limited, and so less waste is generally produced. New OSM systems are constructed of a light weight steel frame, which has a reasonably low amount of embodied energy compared to materials such as concrete (Greenspec 2010). Clearly systems could be used that are more harmful to the environment than traditional methods of construction, however reports show undoubtedly that there is more potential to produce more environmentally friendly buildings using OSM. However there are disadvantages to using OSM. One contentious aspect is the cost. There are two sides to the argument; the first being that the process of using prefabrication is more expensive. A study by Davis Langdon showed that there is on average a cost premium of using OSM of between 10% and 25% (Rawlinson 2009). Others accept the premium in cost, however believe the loss in money is regained due to the reduced construction time and reduced snagging time due to the better quality. They also argue that the components are better designed for ease of maintenance and repair and so a saving can be made in the long term. The report by Rawlinson (2009) does state that the costs are regained through these savings for some or all of the costs, but does not quantify the amount. Other problems include the high set up costs of using the construction method. The majority of the construction work that is undertaken in the UK uses traditional methods of construction. Therefore there is only a very small skill base of trades people who are competent with the OSM processes. Although the training to learn these skills is not rigorous, over the entire United Kingdom it would amount to a sizeable sum. The cost of establishing prefabrication facilities is also very high and so this may be a factor as to why the construction method is not widely used. The aesthetics of OSM may also be a factor that has reduced the use of the construction process throughout the UK. The poor perception to past systems and very modular design of many OSM structures mean that the construction method does not suit everyones tastes. 2.2 The Climate Change Act 2008 The Climate Change Act 2008 is a piece of legislation that legally binds the United Kingdom to reduce its green house gas emissions. The main green house gas (GHG) which causes concern is carbon dioxide (C02). The reduction targets are an overall GHG emission cut of 80% by 2050, with an interim deadline of a reduction of 34% by 2022. This is compared to a baseline figure from 1990 of 593 million tonnes of carbon dioxide (MtC02) (National Audit Office 2008). Therefore a reduction of 34% is an emission level of 391MtC02 in 2022, and a proposed emission of 119 MtC02 for the year of 2050. The other GHGs named in the Act are methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons and sulphur hexafluoride (Climate Change Act 2008 s24.1). The Act also makes provisions for other gases to be added to this list by the Secretary of State if they become of interest (s24.1g). Section 32.1 of the Act states that an independent body must be created, named the Committee on Climate Change. The duties of this body include providing advice on whether the GHG reduction targets should be altered and to what extent in order to meet them (s33), advising on the carbon budget (s34), advising on aviation and shipping emissions (s35), presenting progress reports to Parliament (s36) and to provide advice and assistance upon request (s38). The Act states that the Secretary of State, currently Chris Huhne, must set a carbon budgeting system. This is the process of stating the allowable GHG emissions within 5 year periods. This figure is set with the advice of the Committee on Climate Change (s9). Three of these periods are set at a time. The first 3 periods are 2008-2012, 2013-2017 and 2018-2022. The next 3 budget caps must be set by June 30th 2011 (Climate Change Act 2008 s4.2a+b). The United Kingdom is the first country to legally show its intentions for cutting its carbon emissions. The Act is aimed to pave the way for cutting emissions for other countries. In a video made by the Committee on Climate Change about building a low-carbon economy, Martin Parry member of the Intergovernmental Panel on Climate Change says that the Act will set a à ¢Ã¢â€š ¬Ã‚ ¦landmark example to what other countries can do. It is hoped that the Act will increase the UKs energy awareness and help improve our carbon management. The Government hopes that this will move the UK into a low-carbon economy. It is hoped that because the Act is a long term measure, covering 40 years, it will encourage businesses to invest heavily in low carbon technologies, as there is reassurance that returns will be made from investments now. It has been established that the main area where the UKs GHG emissions can be reduced is in electricity production. In EcoCentroGen newsletter August 2009, it is reported that the Government predicts that around 40% of electricity will be from low carbon sources by 2020. However significant savings in emissions can be made in both the transport and housing industry. In the same newsletter, it is reported that by 2020: à ¢Ã¢â€š ¬Ã‚ ¦7 million homes will be involved in energy saving schemes, and more than 1.5 million households will be supported to produce their own clean energy The Chief Executive of the Committee on Climate Change, David Kennedy, highlighted four key areas where emission cuts can be made. These were electricity production, housing, transport and farming (Adam 2010). With about 27% of the UKs energy being consumed in the housing sector, there are substantial savings to be made (Farookhi 2008). Producing more energy efficient homes will reduce this figure. The Government will try to implement these savings through a variety of means. Examples of these may be through more stringent Building Regulations, financial initiatives for implementing renewable energy technologies, such as grants for installing solar panels or feed-back tariffs or by raising fuel prices. There is however some concern and criticism over the rate of decarbonisation the Act implies. The Kaya identity is an equation that shows the relationship between energy and human factors and the effect the combination of these has on total carbon emissions of a country. This equation states that the only method for reducing carbon emissions is to reduce either population, per capita GDP or the carbon intensity of the UKs economy. Governments tend not to manipulate population or GDP per capita as they do not receive public backing and disrupt economic growth. Therefore Government policies for reducing carbon emissions tend to focus on reducing the carbon intensity of the economy, and the Climate Change is no exception. It is argued that by using the Kaya Identity, the Climate Change Act 2008 has not taken into consideration the effects of population growth and per capita economic growth. It is argued that with the effect of a growing population and economic growth, to meet the reduce d emission targets of 2050, the UK would have to reduce the energy intensity and increase energy efficiency by a rate of 5.4% a year (Pielke Jr 2009). Pielke Jr argues that for this rate of decarbonisation to occur, the UK would have to have the same carbon efficiency as France achieved in 2006, by 2015. This would involve constructing around 30 nuclear power plants. It is argued that this is simply not feasible. Pielke Jr concludes by pointing out these unachievable targets have been set as the Acts approach to emissions reduction is backwards. Opposed to assessing what the ultimate rate of decarbonisation the UK is capable of achieving, and setting targets suitable to this, the Act has set practically impossible targets, and only now they have been made in law, the UK is thinking of ways of achieving them. 2.3 Building Regulations The current Building Regulation requirements are of interest to this study as they show the current energy efficiency standards of houses being constructed today. They will also be the means by which the Government will enforce changes in construction practice in order to meet the GHG emission reduction targets. Building Regulations are statutory instruments that are used to enforce the relevant legislation that dictate good standards of construction and safety in England and Wales. Schedule 1 of the Regulations consists of fourteen approved documents that cover the following subjects (http://www.planningportal.gov.uk/buildingregulations); Part A Structural safety Part B Fire safety Part C Site preparation and resistance to contaminants and moisture Part D Toxic substances Part E Resistance to sound Part F Ventilation Part G Sanitation, hot water safety and water efficiency Part H Drainage and waste disposal Part J Heat producing appliances Part K Protection from falling Part L Conservation of fuel and power Part M Access to and use of buildings Part N Glazing safety Part P Electrical Safety The Building Regulations are the statutory instruments of the Building Act 1984. The Act makes provision for the Secretary of State to update or create new regulations for the purposes of health and safety, increasing the conservation of fuel or power and preventing waste of water (Building Act 1984 s1). Building Control was first used in London in 1189. This involved the enforcement of rules dictating party walls, rights of light and drainage. Around this time the introduction of consideration in design for fire-resistance buildings and means of escape in case of a fire were developed (Stephenson 2005). After the Fire of London in 1666, the first building Act became law. This Act made provisions for surveyors to be selected to ensure that the regulations we obeyed on construction sites. In 1984 the Building Act was passed and consolidated the various previous regulations to produce one main piece of legislation. Most building work requires Building Approval. This is the process of checking work done onsite complies with the Building Regulations. The duty of checking compliance with the Regulations is undertaken by Building Control Bodies. These approved inspectors can be from the Local Authority or they can be from the private sector (http://www.planningportal.gov.uk). Some forms of construction are exempt from the Building Regulations. These include porches, conservatories and some garages which are all subject to size, use, description, design, location and other requirements. If these requirements are not strictly met then the construction work requires building approval (http://www.kingston.gov.uk/browse/environment/buildingcontrol). The responsibility of following the Building Regulations falls to the person carrying out the work. To whom this responsibility falls to should be confirmed at the start of the work (Building Regulations Explanatory Handbook s2.4 2005). The Building Regulations state the allowable U-value of components to be used in new dwellings. U-values show the ability of a building component to conduct heat. Approved document L1B 2000 outlines the target minimum U-value of building components. To increase the energy performance of the overall building, the U-values of components must be as low as possible. Under Part L 2002, the U-Value of new build cavity walls is 0.35 W/m2K. For a comparison a 225mm solid brick wall has the average U-Value of 2.0 W/m2K (http://www.syec.co.uk/factsheets/U_value_factsheet.pdf) The Building Regulations also state the allowable air permeability of new build dwellings. This is the rate of air leaving the building as well as the rate of new air entering the building. A low air permeability figure means that the air will not escape and energy will not be wasted. Under Part L of Schedule 1 of the Building Regulations the allowable air permeability is stated as  10m3/hm2 at 50Pa. These figures are relevant to this study as the benefits of a higher quality product coming from a factory environment, mean that these figures may be more easily achieved using prefabrication and off-site manufacturing techniques. 2.4 Literature Review Summary From the research of the respective literature the benefits of prefabrication have been presented. These are the increase in quality, speed of construction, health and safety on site and the environmental benefits these bring. The disadvantages the OSM produces as a construction method are an increase in the project cost, a potential unattractive aesthetic aspect and the high set up costs associated with new OSM facilities. The Building Regulations have been studied to show the standard to which new homes are built as a comparison to OSM. The targets of the Climate Change Act 2008 have been established. These are a 34% reduction by 2022 and an overall 80% reduction by 2050 compared to a baseline figure from 1990. In order for the UK to meet these targets, four key areas have been highlighted for action; one of these is the energy efficiency of the UKs housing stock. Studies have shown that these targets are very ambitious and for them to be achieved a radical change in how we design and build houses must be undertaken. From identifying the benefits of prefabrications, an argument can be made that this construction method could be the answer to producing more energy efficient homes. A methodology must now be formulated in order to collect data from the construction industry. This will involve identifying the participants for the study and a method for collecting data from them. It will also involve creating questions that will produce the required data. 3. Methodology 3.1 Scope of the Chapter This chapter will establish the method for collecting the data relevant to this study. It will set out the research aims and the rationale behind their selection. A section that explains the types of information studied will be included as well as an explanation of the participant design. A method for the analysis of the collected data will then be established. 3.2 Statement of Research Aim The aim of this research is to establish whether an increased use of off-site manufacture will produce a more energy efficient housing stock, as the UK gets closer to its carbon reduction deadline. The objectives of this study are; To identify the key advantages and disadvantages of prefabrication as a construction method. To identify the current requirements for energy efficiency in new build houses. To identify the requirements of the Climate Change Act 2008 and how this will affect the construction industry. To establish the current use and opinion of prefabrication/off-site manufacture in the construction industry 3.3 Rationale of the Research With the UKs housing stock producing approximately 30% of the UKs total carbon emissions, it is a sector where huge environmental gains can be made (House of Commons 2005). Off-site manufacture enables an improved finished quality so that optimum thermal efficiencies and air permeabilitys can be achieved consistently. Other benefits are that less waste is produced during the manufacture stage compared to traditional methods of construction and there is an increased opportunity to re-use and recycle materials in factory conditions. With the UK legally bound to reduce its GHG emissions by 34% by 2022 and 80% by 2050, action is required to make housing more energy efficient. 3.4 Secondary Research To establish the advantages and disadvantages of prefabrication, the current Building Regulations for energy efficiency and the targets set by the Climate Change Act 2008, a literature review was undertaken. This was done to establish all the information that is already known on the topic and to highlight any areas of study that have already been conducted. 3.5 Primary Research 3.6 Research Sample 3.7 Method of Analysis 3.8 Summary of Chapter

Def of philosophy :: essays research papers

philosophy Phi*los"o*phy, n.; pl. Philosophies. [OE. philosophie, F. philosophie, L. philosophia, from Gr. ?. See Philosopher.] 1. Literally, the love of, including the search after, wisdom; in actual usage, the knowledge of phenomena as explained by, and resolved into, causes and reasons, powers and laws. Note: When applied to any particular department of knowledge, philosophy denotes the general laws or principles under which all the subordinate phenomena or facts relating to that subject are comprehended. Thus philosophy, when applied to God and the divine government, is called theology; when applied to material objects, it is called physics; when it treats of man, it is called anthropology and psychology, with which are connected logic and ethics; when it treats of the necessary conceptions and relations by which philosophy is possible, it is called metaphysics. Note: ``Philosophy has been defined: tionscience of things divine and human, and the causes in which they are contained; -- the science of effects by their causes; -- the science of sufficient reasons; -- the science of things possible, inasmuch as they are possible; -- the science of things evidently deduced from first principles; -- the science of truths sensible and abstract; -- the application of reason to its legitimate objects; -- the science of the relations of all knowledge to the necessary ends of human reason; -- the science of the original form of the ego, or mental self; -- the science of science; -- the science of the absolute; -- the scienceof the absolute indifference of the ideal and real.'' --Sir W. Hamilton. 2. A particular philosophical system or theory; the hypothesis by which particular phenomena are explained. [Books] of Aristotle and his philosophie. --Chaucer. We shall in vain interpret their words by the notions of our philosophy and the doctrines in our school. --Locke. 3. Practical wisdom; calmness of temper and judgment; equanimity; fortitude; stoicism; as, to meet misfortune with philosophy. Then had he spent all his philosophy. --Chaucer. 4. Reasoning; argumentation. Of good and evil much they argued then, . . . Vain wisdom all, and false philosophy. --Milton. 5. The course of sciences read in the schools. Def of philosophy :: essays research papers philosophy Phi*los"o*phy, n.; pl. Philosophies. [OE. philosophie, F. philosophie, L. philosophia, from Gr. ?. See Philosopher.] 1. Literally, the love of, including the search after, wisdom; in actual usage, the knowledge of phenomena as explained by, and resolved into, causes and reasons, powers and laws. Note: When applied to any particular department of knowledge, philosophy denotes the general laws or principles under which all the subordinate phenomena or facts relating to that subject are comprehended. Thus philosophy, when applied to God and the divine government, is called theology; when applied to material objects, it is called physics; when it treats of man, it is called anthropology and psychology, with which are connected logic and ethics; when it treats of the necessary conceptions and relations by which philosophy is possible, it is called metaphysics. Note: ``Philosophy has been defined: tionscience of things divine and human, and the causes in which they are contained; -- the science of effects by their causes; -- the science of sufficient reasons; -- the science of things possible, inasmuch as they are possible; -- the science of things evidently deduced from first principles; -- the science of truths sensible and abstract; -- the application of reason to its legitimate objects; -- the science of the relations of all knowledge to the necessary ends of human reason; -- the science of the original form of the ego, or mental self; -- the science of science; -- the science of the absolute; -- the scienceof the absolute indifference of the ideal and real.'' --Sir W. Hamilton. 2. A particular philosophical system or theory; the hypothesis by which particular phenomena are explained. [Books] of Aristotle and his philosophie. --Chaucer. We shall in vain interpret their words by the notions of our philosophy and the doctrines in our school. --Locke. 3. Practical wisdom; calmness of temper and judgment; equanimity; fortitude; stoicism; as, to meet misfortune with philosophy. Then had he spent all his philosophy. --Chaucer. 4. Reasoning; argumentation. Of good and evil much they argued then, . . . Vain wisdom all, and false philosophy. --Milton. 5. The course of sciences read in the schools.

Physiological Aids in sport Essay

Physiological aids are banned substances and methods that athletes use within competition and training to improve their performance. Physiological aids are used in sport as they help an athlete’s performance. Some aids help to increase heart rate, adrenaline rate and stimulate the body but other aids lower the heart rate and change the growth of muscles and bones. Sport is suppose to help us learn from defeat and victory, encourage us to participate in team sports, encourage a spirit of co-operation, and interdependence, and mainly encouraging moral and social values. It also means that an individual person can lead a healthy lifestyle while performing and also helping the individual to bring about a healthy, integrated society. There are many influences on drug use, the media, the money their performance can bring in, the sponsorship and many other critical factors in an athlete’s career. There can be no justification for athletes to cheat in order to win or that the pressures and temptations are all the same for the athletes. Most athletes turn to drugs because of pressure, it all comes down to pressure really but some feel greed and wealth. The main reasons are usually:  ·Winning can bring millions of dollars in sponsorship and endorsement;  ·Society places great emphasis on success in sport, which puts more pressure on an athlete to win;  ·Some banned drugs can speed recovery from injury, which means athletes can be back training, competing and winning more quickly;  ·Some athletes believe their competitors are using drugs and that to be competitive, they need to take drugs as well;  ·Some athletes’ desire to win is so great that they are willing to use any means, including cheating to gain success;  ·Some coaches may push drug use to enhance their athlete’s chances of winning, which boosts their profile as a successful coach. Prohibited physiological aids Anabolic agents- there are two types of these agents- there is anabolic androgenic steroids and beta -2 agonists. Anabolic androgenic steroids are substances that contain anabolic and androgenic properties. The anabolic properties help to increase the growth of the muscles and bones. The androgenic properties help the male’s reproductive system, helping to release more testosterone. Anabolic steroids are used to increase the strength of an athlete and also their muscle size, they also help to decrease the time the body takes to recover after exercise. So because of this the athletes train harder and for longer the extra training gives them an advantage over other athletes. This drug can cause many physical problems like heart problems, liver damage, jaundice, euphoria and there are also mental effects like mood swings, improved self esteem, depression and aggression. Male athletes can suffer from effects like baldness, the development of breast tissue and even infertility. Female athletes can suffer from effects like menstrual problems, foetal damage, clitoral enlargement, increased facial and body hair and also a permanent deepening off the voice. They can be detected by using gas chromatography in an athlete’s urine. Beta -2 agonists are normally used medically to treat asthma, therefore when they are taken they can increase lean muscle mass and also help to reduce body fat. The side effects of beta -2 agonists are dizziness, muscle cramps, headaches, palpitations and some nausea. Beta -2 can also be detected through the urine. This drug is one of many that are banned but in some forms this drug can be taken but only for medical reasons and that will not give unfair advantages to the performer. Diuretics This type of drug helps an athlete with a certain weight category in sport, it helps the body to produce more urine so the body weight can drop significantly so they fall into a certain category. Such sports like judo, horse racing, and weightlifting, when these drugs are taken give the athlete an unfair chance of beating their competitor(s). These also help an athlete to reduce the chances of detection of other drugs by diluting their urine. The main side effect of diuretics is dehydration but they can also cause headaches and dizziness and a loss in coordination or balance. This drug is also detected within the urine. Before, during and after exercise, it is essential that sportsmen and women take in a considerable amount of fluid, this is because dehydration can occur resulting in other side effects and also excessive loss of water effects the heart and kidneys, they could fail which mean this could be fatal to the athlete. Narcotics Narcotics help an athlete to push himself harder and further because his pain threshold is bigger, it helps him to continue exercising/ competing even when injury has occurred. Narcotics have similar effects to heroin or morphine. Narcotics are strong painkillers and they are usually competitors are tested for them when they compete. Many narcotics are illegal substances and not just in sport, these drugs are potentially addictive. Side effects from these drugs can seriously put an athletes performance in jeopardy because if the athlete continues to exercise, whilst injured it can cause further injury, even though narcotics stop the pain once they wear off the pain will be worse, like all other drugs they also cause loss of balance, lack of concentration, nausea and even vomiting, constipation and breathing/ respiratory problems. These drugs can become addictive. Detection of these drugs is also through the urine by gas chromatography. Peptide hormones There are many different substances within this class of drugs: Chorionic gonadotrophin (hCG) Pituitary and synthetic gonadotrophin (LH) Corticotrophins (ACTH, tetracosactide) Growth Hormone (hGH) Insulin-like Growth Factor (IGF-1) Erythropoietin (EPO) Insulin Chorionic gonadotrophin Chorionic gonadotrophin is a drug that when in a males body can help produce testosterone at a much faster rate, it is mainly used to overcome effects of testicular damage and sometimes it is also used as a masking agent. This drug is normally produced during a pregnancy and increases natural male and female steroids. This drug can cause many side effects just like the effects of most other anabolic steroids but this can also cause gynaecomastia. Immunoessay is the only way to detect this drug and this drug is only prohibited in men. Pituitary and synthetic gonadotrophin The pituitary gland produces pituitary hormones, and the hormones released consist of many different types, including the leutinising hormone. Hormones act as messages from one organ to another, these hormones stimulate growth, a person’s sex drive, pain threshold and a person’s behaviour. The leutinising hormone stimulates the male’s testis or the female’s ovaries. If used in a male this drug (also like hCG) helps to stimulate the production  of testosterone, if used in a female this drug stimulates the ovaries. The synthetic gonadotrophin helps the body to regulate gonadotrophin production or use. This drug has no real side effect it depends on the drug used. An immunoessay test is the only way of detecting this drug as well, this is done through the urine. Both of these drugs are only prohibited in males. Corticotrophin Corticotrophin is a drug that helps to increase the levels of endogenous corticosteroids (cortisone) in the blood. This drug is normally used as an anti-inflammatory drug. This drug has many side effects both long and short term ones. The short-term side effects are ulcers of the stomach or stomach irritation and even psychological effects like irritability. The long-term effects of this drug are weakening of muscles and connective tissues of area of injured muscle, tendon or n ligament and even osteoporosis or cataracts. Corticosteroids, are drugs that are used for therapy or treatment of injuries, there usage is legal but only for these purposes. Blood doping Blood doping is a way an athlete removes blood from their bodies. An athlete will do this about a week or two prior to competition, and then they will replace it just before the competition. After the blood is taken the body has to replace the missing blood, the athlete will then replace the blood they have taken from their own body resulting in the body having additional blood. The additional blood results in additional haemoglobin and therefore a greater ability for oxygen uptake. Many things can go wrong with this method, un-sterile needles can be used, the blood is not stored correctly or another person’s blood can be accidentally used. Athletes can receive AIDS/HIV hepatitis and many other diseases. If their blood is not stored right then that can have major effects on the body and if the blood used is different to their blood group the body will reject this blood causing more problems in the body. Growth Hormone (hGH) The growth hormone is a hormone that is also released from the pituitary gland and is necessary for the growth of bones and muscles and also for the growth of children. The growth hormone is used by athletes to increase their muscle mass size and also their strength. This drug can cause the overgrowth of body parts such as hands, feet, the face and it can also cause soft tissue swelling and increased sweating. The most fatal effect of this drug is it causes heart disease. Insulin- like Growth Factor (IGF-1) This type of drug is often used to increase protein synthesis and reduce muscle cell breakdown in the body. When the muscle cell breakdown occurs it leads to an increase in muscle bulk and helps to reduce body fat. This drug also occurs naturally from a mother’s milk. The side effects of IGF-1 are headaches, joint pains, and enlargement of internal organs, changes in musculoskeletal shape and size e.g. enlargement of the jaw, hypoglycaemia (which is low sugar in the body) and also acromegaly (which is the overgrowth of certain organs like the feet, face and hands). Muscles also become stronger from this drug but taking this drug also results in the muscles getting weaker because of degenerative changes in the joints. Erythropoietin (rhEPO) Erythropoietin is a drug that helps to increase the production of red blood cells in the body. When the red blood cell amount increases the amount of oxygen able to be carried around the body increases meaning the muscles gain more oxygen, this helps the athlete’s performance. When the drug increases the production of red blood cells it also increases the risk of the blood clotting because it is thicker. This is very dangerous for athlete’s that perform endurance events because their blood is much thicker due to dehydration. Insulin This drug is normally used to treat diabetes; it increases the amount of  sugar in the body and also increases the metabolism of foods. If this drug is used alongside other drugs like anabolic steroids and clenbuterol it can increase muscle growth and increase muscle definition. But these drugs used together can cause severe side effects and even death. Insulin can also cause hypoglycaemia, this causes shaking of the body, drowsiness, increases in respiratory rate, weakness, it can also cause the body to be comatose, it can cause brain damage and can also cause death. Stimulants Stimulants are usually only tested for in competition circumstances, but in some causes the drug can be tested for in other sports. Stimulants consist of substances such as amphetamines, caffeine (prohibited in large concentrations) and a number of the active ingredients in cold and flu preparations (i.e. pseudoephedrine). The side effects of stimulants include an increased heartbeat and can have an impact on the body’s natural ability to regulate its temperature. Stimulants are used to reduce tiredness, increase their alertness and arousal levels and also to boost their confidence. Sports such as endurance, fast moving sports and contact sports are the main events in which this type of drug is used. Stimulants can cause many risks to the body, it can cause possible collapse and even death, it increases the blood pressure, and makes the athlete dehydrated and can cause hypothermia. The athlete can also become dependant on this drug, appetite can be lost and the person can also become very anxious and aggressive.

Analysis of USEC Inc.

USEC is the world’s leading supplier of enriched Uranium to nuclear power plants. Due to the expiration of long term energy cost savings contracts, USEC is examining the possibility of taking on a new project called the American Centrifuge Project. This project will utilize a different process for Uranium enrichment, which is the core business process of USEC. The new technology process uses much less energy, which will reduce manufacturing costs and keep USEC on the leading edge of technology in the enrichment market space. As with any major energy industry project, the ACP project comes with a huge price tag of around $1. billion. Investment of this size cannot be made without due analysis. We have taken in to account all the details given while calculating key statistics for this project. A thorough analysis is in the best interests of USEC as the project will provide them with the freedom to implement new technologies in the uranium enrichment process in their own plant. W ithout this, USEC is constrained to lease the government owned plants which usually comes with its own restrictions. We will be calculating the individual cash flows of its existing Paducah operations and the ACP project it is planning to invest in.Our decision will be based on the incremental NPV and IRR. This report will walk us through all the important aspects of our analysis and ultimately to our final decision of whether accepting or rejecting the project. Background USEC is pursuing ACP for several reasons, most of which can be attributed to an increasing gain by its competitors in the market space. USEC’s long term contract for a lower cost power supply for their current process had expired. This left USEC with much higher costs for electricity, which is heavily used in the current process for Uranium enrichment, gaseous diffusion.This jump in energy cost reduced the margins USEC was receiving on sales, as compared to their competitors. This is driving the need to com e up with an alternative solution to the current process. The ACP technology is being looked at because it could give a competitive advantage to USEC against its competitors. ACP will lower the production costs and improve USEC’s technology position in the market. If the company takes on the ACP project, USEC will reach 6. 5 million units in production by 2013. A minimal level of maintenance would be required due to the improved technology and better facilities.ACP would also double the size of USEC as a whole. Cash Flow Calculations We are providing below the assumptions and other calculations we used while computing the WACC and the cash flows. * Net working capital of 5% of sales will be used for both Paducah and ACP project * Inflation is assumed to be 3% * Flotation costs are ignored for cost of equity. * We assume a risk-free rate of 5. 09%. This number comes from the current yield of the 30 year T-bond as shown in Exhibit 5. * 50% reduction in enrichment cost start fro m year 2011 (for ACP project).Without the 50% reduction, the enrichment cost in 2011 would have been $50. 15. We are going to start at 50. 15/2=$25. 07 (50%) from year 2011 as enrichment cost and from there it will again increase at the rate of inflation which is 3%. In 2011, the total capacity will be 3. 5M (2. 5M from ACP and 1M from Paducah). While calculating the enrichment cost for the year 2011, we used the reduced cost for the ACP capacity which is 2. 5 million and the original enrichment cost for the scaled down Paducah plant capacity which is 1 million. * Change in NWC for 2006 will be 0.The NWC will be recovered at the end of he final period which is at the end of year 2025. * The CAPEX and the depreciation cost for the Paducah plant in the year 2011 will be prorated to the reduced capacity of 1 million while calculating the cash flow for the ACP project. * Market Risk Premium will be assumed as 6% * CAPEX for Paducah, Paducah depreciation, and lease expenses are fixed and prorated where required but is not adjusted for inflation. Weighted Average Cost of Capital To calculate the weighted average cost of capital, we first calculated the market value of debt and equity.The case exhibits provided the necessary data to calculate the market value of debt and equity. The weight of debt and equity were calculated to be around 32 and 68 percent respectively. Appendix will provide the detailed steps we used to calculate the WACC, individual cash flows for Paducah and ACP and the incremental cash flows. A risk free rate of 5. 19%, a Beta of 1. 3, and a market risk premium of 6% were used to calculate the cost of equity using CAPM. For cost of debt, we used the given 9. 04%. We came up with the after tax WACC of 10. 57%Analysis and Recommendation. We are comfortable in using the WACC as the discount rate for cash flow calculation. NPV calculation using the WACC as the discount rate will provide us some idea about whether this project is at least worth or not f or the cost of capital. But to make our final decision, we would really look at the incremental IRR and NPV to see how much more or less it comes up when compared to the discount rate. We will be expecting an IRR which is at least 2 percent above the discount rate as a justification to recommend a project of this size. We calculated the NPV for ACP to be $1,910,199,999. 1 which is greater than the NPV for Paducah at $1,615,996,848. 88. The incremental internal rate of return and NPV of this project are 13. 12% and $294,203,150. 14 respectively. The incremental IRR of 13. 12% is 2% more than the discount rate of 10. 57% (or WACC in our case). Current stock price of $10. 80 is based on USEC’s current business model. We believe that the current stock price is undervalued as it does not reflect the potential of the ACP project. As a result, the stock price will increase. So based on the NPV and incremental IRR, it would be in USEC’s best interest to accept ACP.The ACP proj ect will help the firm to double its capacity and improve the technology to gain the competitive advantage in the industry. The long term prospect of USEC will be bright as a result of ACP project. Though the ACP plant will be completely depreciated at the end of its life cycle of 15 years, it will provide USEC with more opportunities to further improve on the technology which has proved profitable already and to invest in more lucrative future projects which will ultimately improve the financial bottom line of the organization.