Business Commons^™

Manufacturing's Role In The Growth Of An Industrialized Mature Economy, James F. Gill

Masters Culminating Experiences (1993-2011)

Manufacturing is the primary driver of major wealth formation and competitiveness in every significant economy. Therefore, it would appear that the more dominant role in manufacturing plays in overall Gross Domestic Product (GDP), the greater is the annual comparative growth rate of the economy. Manufacturing is 19 percent of GDP for the United States, 30 percent for Japan, 31 percent for Korea, and 35 percent for Germany, as of 1987.

The term "manufacturing" as used here does not include construction, mining, forestry, fishing and other similar activities. There are two general definitions (See footnote, OECD/2/World Bank. U.N. SNA).

This paper …

Economic Growth Performance Of Selected Countries, Wuguang Yan

Masters Culminating Experiences (1993-2011)

This paper reviews economic growth theories and studies the East - Asian economic growth characteristics. The descriptive analysis shows that the high performance Asian Economies(the HPAEs) have been experiencing continued rapid per capita income growth for over two decades. They have enjoyed the high savings rates, high investment rates, low population growth rates as well. The living standard of these countries tends more and more closer to the U.S. standard. Compare to the Latin American countries, the HPAEs’ achievement is very impressive.

The statistical analysis performed in this paper also offers the insights of the relationship between per capita GDP …

Interest Rate Elasticity And Consumer Bank Accounts: A Case Analysis Of Bank One Dayton, N.A., William Paul Martin

Masters Culminating Experiences (1993-2011)

This study is an econometric analysis of three consumer banking accounts from Bank One Dayton, N.A., the Total Demand account, Total Savings account and Time Deposits Account. The elasticity of demand with respect to interest rates of the savings and time deposit accounts is determined using multiple regression modeling and analysis. Other variables that are significant determinants of the balances of each account are also presented.

An analysis of the regression results for the Time Deposits Model indicates that the demand for the Bank One Dayton time deposit accounts (certificate of deposit accounts) is significantly elastic with respect to interest …

Telecommunications And Economic Development, Mohammed Mahbubur Rahman

Masters Culminating Experiences (1993-2011)

The thesis examines the relationship between telecommunications development and economic activity of nations. The findings confirm the previously established hypothesis that the causality of the relationship between these two factors exists in both directions. That is the development of economic activity at any point in time influences the development in telecommunications at a later point in time- and the development in telecommunications at any point in time also influences the economic activity at a later point in time. The major economic principle behind such significant correlation of telecommunications and economic development is that telecommunications helps reduce the transaction cost in …

An Analysis Of The Economic Implications Of The Proposed Merger Between Randolph Township And The Village Of Clayton, Michael V. Wainscott

Masters Culminating Experiences (1993-2011)

This study was conducted to determine the economic implications of the proposed merger between the Village of Clayton and unincorporated Randolph Township, as well as critique the plan laid out by the Merger Commission. The focus of the study was to compare the expenditures of ten area cities with the proposed expenditures of the Merger Commission as described in their May 7 Preliminary Report. In addition, economic trends in the area were examined to fully gauge the impact of the merger on the Northmont area.

It is clear from this study that the proposed budget of the new city will …

Estimates Of The Natural Rate Of Unemployment Based On Married Males And Married Females, Pamela Bowers

Masters Culminating Experiences (1993-2011)

The natural rate of unemployment is always estimated using rates of unemployment for married males, yet no substantiated criteria exists for this choice. This study compares estimates of the natural rate of unemployment based on the unemployment rates of married males and married females, which are used in estimating the Phillips curve. The results shows that the two series exhibit similar trends over the study period, but the female-based series is lower. This implies that the natural rate is not independent of the demographic group chosen to estimate it. The basis for the study is a 1993 article by Stuart …

Innovation In A Production Function By Combining Theory Of Constraints And Kanban Scheduling Techniques, David Charles Maley

Masters Culminating Experiences (1993-2011)

The following documents how I have been working to make agile manufacturing a reality at Whirlpool Corporation, the largest producer of home appliances in the world. Together with a Dayton, Ohio design team, I designed a quick response production process for a new range manufacturing plant. Several innovations made possible a significant improvement in manufacturing flexibility and order response time which will give the firm a competitive advantage in the market, leading to increased profits. The facility was constructed in Tulsa, Oklahoma and is now in production.

Dr. Eliyahu Goldratt's Theory of Constraints served as the foundation of the production …