When I run my business-Chinese Dumpling Restaurant-,At the beginning I adopt family style to manage it.I am not only keep traditional stuffing into dumpling-for example Chinese cabbage with ground pork, celery with ground beef,leek mix shrimp and ground pork, gourd mix ground pork etc. but I am also will develop new stuffing flavor into dumpling such as pumpkin mix pork,fish meat, green bean mix pork and vegetable etc.
if each dumpling sells $75 cents and I estimate I can sell 5000 pieces dumpling per day then 0.75 times 5000 equal$3750.00.and then per month the gross income is 112,500 then deduct expense for example material-meat,seafood,vegetable, utility and employee's salary base on long term, it is making money business. for example because I run family style business and all employee are my siblings and relative so a lot expense I can save.you will never regret to invest my business because I have experience about cook good dumpling and I welcome someone to compete with me because the first the more compete the more promote. the second I will invent more and more new flavor and keep tradition flavor in order to attract new customers and keep old customers. by the way the dumpling skin is hand made.
Friday, April 30, 2010
Thursday, April 29, 2010
Operations
Enterprises are becoming increasingly global, with supply chains and manufacturing processes spanning oceans and continents. To navigate the global marketplace, senior managers need to know how to plan the most efficient use of material resources, as well as manage more complicated global networks and optimize service and quality.
They need to be able to create a dynamic operations strategy that fosters:
* continuous, incremental improvement
* groundbreaking innovation, and
* competitive market advantage.
When I run a business, for example Chinese Dumpling Restaurant I will emphasize Quality, Nutrition,Sanitary,Location,customer service, reasonable price.
At the beginning I will do ads, and then people those who after eat my dumpling, will be my loyal customers and ads too.
They need to be able to create a dynamic operations strategy that fosters:
* continuous, incremental improvement
* groundbreaking innovation, and
* competitive market advantage.
When I run a business, for example Chinese Dumpling Restaurant I will emphasize Quality, Nutrition,Sanitary,Location,customer service, reasonable price.
At the beginning I will do ads, and then people those who after eat my dumpling, will be my loyal customers and ads too.
Quantitative Analysis
A quantitative analyst is a person who works in finance using numerical or quantitative techniques. Similar work is done in most other modern industries, but the work is not always called quantitative analysis. In the investment industry, people who perform quantitative analysis are frequently called quants.
Although the original quants were concerned with risk management and derivatives pricing, the meaning of the term has expanded over time to include those individuals involved in almost any application of mathematics in finance. Examples include statistical arbitrage, algorithmic trading, and electronic market making and MBA. Trading and sales operations, quants work to determine prices, manage risk, and identify profitable opportunities. Historically this was a distinct activity from trading but the boundary between a desk quant and a quant trader is increasingly blurred, and it is now difficult to enter trading as a profession without at least some quant education. In the field of algorithmic trading it has reached the point where there is little meaningful difference. Front office work favor a higher speed / quality ratio, with a greater emphasis on solutions to specific problems than detailed modelling. FOQs typically are significantly better paid than those in back office and risk, and in model validation. This has obvious implications for the quality of decisions at a strategic level. Although highly skilled programmers, time constraints mean that complex decisions are made using Excel and ad-hoc tools.
Although the original quants were concerned with risk management and derivatives pricing, the meaning of the term has expanded over time to include those individuals involved in almost any application of mathematics in finance. Examples include statistical arbitrage, algorithmic trading, and electronic market making and MBA. Trading and sales operations, quants work to determine prices, manage risk, and identify profitable opportunities. Historically this was a distinct activity from trading but the boundary between a desk quant and a quant trader is increasingly blurred, and it is now difficult to enter trading as a profession without at least some quant education. In the field of algorithmic trading it has reached the point where there is little meaningful difference. Front office work favor a higher speed / quality ratio, with a greater emphasis on solutions to specific problems than detailed modelling. FOQs typically are significantly better paid than those in back office and risk, and in model validation. This has obvious implications for the quality of decisions at a strategic level. Although highly skilled programmers, time constraints mean that complex decisions are made using Excel and ad-hoc tools.
Sunday, April 4, 2010
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