Alpha Decay Nuclear Reaction Example Problem

This example problem demonstrates how to write a nuclear reaction process involving alpha decay. Problem: An atom of 241Am95 undergoes alpha decay and produces an alpha particle.Write a chemical equation showing this reaction. Solution: Nuclear reactions need to have the sum of protons and neutrons the same on both sides of the equation. The number of protons must also be consistent on both sides of the reaction.Alpha decay occurs when the nucleus of an atom spontaneously ejects an alpha particle. The alpha particle is the same as a helium nucleus with 2 protons and 2 neutrons. This means the number of protons in the nucleus is reduced by 2 and the total number of nucleons is reduced by 4.241Am95 → ZXA 4He2A number of protons 95 - 2 93X the element with atomic number 93According to the periodic table, X neptunium or Np.The mass number is reduced by 4.Z 241 - 4 237Substitute these values into the reaction:241Am95 → 237Np93 4He2

Five Longest Mountain Ranges in Europe

Europe is one of the smallest continents, yet is home to some of the largest mountain ranges. About 20% of the total landmass of the continent is considered mountainous, slightly less than the 24% of the total world landmass that is covered by mountains. The mountains of Europe have been home to some of the most daring feats in history, used by explorers and warlords alike. The ability to safely  navigate these mountain ranges helped shape the world as its now known through trade routes and military achievements. Today these mountain  ranges are mostly used for skiing or marveling at their wondrous views. Five Longest Mountain Ranges in Europe Scandinavian Mountains: 1,762 kilometers (1,095 miles) Also known as the Scandes, this mountain range stretches through the Scandinavian Peninsula. They are the longest mountain range in Europe. The mountains arent considered  very high but theyre known for their steepness. The western side drops into the North and Norwegian sea. Its northern location makes it prone to ice fields and glaciers.  The highest point is Kebnekaise at 2,469 meters (8,100 feet.) Carpathian Mountains: 1,500 kilometers (900 miles) The Carpathians stretch across Eastern and Central Europe. Theyre the second-longest mountain range in the region and can be divided into three major sections: the Eastern Carpathians, Western Carpathians, and the Southern Carpathians. The second-largest virgin forest in Europe is located in these mountains. They are also home to a large population of brown bears, wolves, chamois, and lynx. Hikers can find many mineral and thermal springs in the foothills.  The highest point is Gerlachovskà ½ Ã… ¡tà ­t at 2,654 meters (8,707 feet.) Alps: 1,200 kilometers (750 miles) The Alps are probably the most famous mountain range in Europe. This range of mountains stretches across eight countries: France, Italy, Germany, Austria, Slovenia, Switzerland, Monaco and Liechtenstein. Hannibal once famously rode elephants across them, but today the mountain  range is more home to skiers than pachyderms. The Romantic poets would be enamored with the ethereal beauty of these mountains, making them the backdrop for many novels and poems. Farming and forestry are large parts of these mountains economies along with tourism. The Alps remain one of the worlds top  travel destinations.  Ã¢â‚¬â€¹The highest point is Mount Blanc at 4,810 meters (15,781 feet.) Caucasus Mountains: 1,100 kilometers (683 miles) This mountain range is notable not only for its length but also for being the dividing line between Europe and Asia.  This mountain range was an important part of the historical trade route known as the Silk Road that connected the ancient Eastern and Western world. It was in use as early as 207 BCE, carrying silk, horses and other goods to trade between continents.  The highest point is Mount Elbrus at 5,642 meters (18,510 feet.) Apennine Mountains: 1,000 kilometers (620 miles) The Apennine mountain range stretches the length of the Italian Peninsula. In 2000, the Environment Ministry of Italy suggested extending the range to include the mountains of Northern Sicily. This addition would make the range 1,500 kilometers (930 miles) long, tying them in length with the Carpathians. It has one of the most intact ecosystems in the country. These mountains are one of the last natural refuges of the largest European predators like the Italian wolf and Marsican brown bear, which have gone extinct in other regions.  The highest point is Corno Grande at 2,912 meters (9,553 feet.)

The Organizational Structure Free Essays

For one to comprehend the role of a project manager they must first understand the Organizational structure (pecking order) of the general contracting firm. A flow chart, has beenprovided as a representative example of a company whose size and annual dollar volumecontrols the employment structure and position of the project manager in their role. To controlthe operation of support staff required for general administration of the business, and with the growing demand to service the field operation, the head of the company needs to exercise overall management with the freedom from the direct demands of project operations. We will write a custom essay sample on The Organizational Structure or any similar topic only for you Order Now To accomplish this the head employs the project manager, the overseer of the project, to organize and implement project continuity. Under the direct control of the project manager is the project superintendent, project engineer, administrative assistant and accounting clerk, with increased or decreased staffing for larger or smaller projects (or when significant time constraints exist). Also working for the project manager, reporting directly to the superintendent are trades foreman and subcontractor field ersonnel. This grouping of workers perform the specific and specialty trade work for the project. The project manager has the dubious task of overseeing the subcontracts and the scope of work for each trade of a particular project. This rounds off the field reporting element of the The office related responsibilities add another tier of responsibility for the project manager to manage. Each of these employees share the responsibility of reporting information ccurately and as the project manager formats. The administrative assistant provides the clerical support and assistantship needed to maintain the many meeting minutes and logs with the project manager who is solely dependent upon for success. Where the project manager is the primary cost manager for their respective projects, the financial support needed by the project manager in payment to subcontractors and suppliers keeps the project moving smoothly. Accurate record keeping helps the project manager to project reasonably accurate profit margin The project manager also has responsibilities to control the processes that support the construction such as purchasing, receiving and warehousing of the project materials to be incorporated into the project. This function, may become the responsibility of the project superintendent for the successful purchase of the materials. Under each scenario, the project manager retains the responsibility for inventory and product controls How to cite The Organizational Structure, Essay examples

The Organizational Structure Free Essays

For one to comprehend the role of a project manager they must first understand the Organizational structure (pecking order) of the general contracting firm. A flow chart, has beenprovided as a representative example of a company whose size and annual dollar volumecontrols the employment structure and position of the project manager in their role. To controlthe operation of support staff required for general administration of the business, and with the growing demand to service the field operation, the head of the company needs to exercise overall management with the freedom from the direct demands of project operations. We will write a custom essay sample on The Organizational Structure or any similar topic only for you Order Now To accomplish this the head employs the project manager, the overseer of the project, to organize and implement project continuity. Under the direct control of the project manager is the project superintendent, project engineer, administrative assistant and accounting clerk, with increased or decreased staffing for larger or smaller projects (or when significant time constraints exist). Also working for the project manager, reporting directly to the superintendent are trades foreman and subcontractor field ersonnel. This grouping of workers perform the specific and specialty trade work for the project. The project manager has the dubious task of overseeing the subcontracts and the scope of work for each trade of a particular project. This rounds off the field reporting element of the The office related responsibilities add another tier of responsibility for the project manager to manage. Each of these employees share the responsibility of reporting information ccurately and as the project manager formats. The administrative assistant provides the clerical support and assistantship needed to maintain the many meeting minutes and logs with the project manager who is solely dependent upon for success. Where the project manager is the primary cost manager for their respective projects, the financial support needed by the project manager in payment to subcontractors and suppliers keeps the project moving smoothly. Accurate record keeping helps the project manager to project reasonably accurate profit margin The project manager also has responsibilities to control the processes that support the construction such as purchasing, receiving and warehousing of the project materials to be incorporated into the project. This function, may become the responsibility of the project superintendent for the successful purchase of the materials. Under each scenario, the project manager retains the responsibility for inventory and product controls How to cite The Organizational Structure, Essay examples

Capital Budgeting Techniques Management

Question: Discuss about the Capital Budgeting Techniques Management. Answer: Introduction This assignment mainly provides the answers of two questions. While answering the first question, the study discusses on the relationship between the capital budgeting techniques like, Internal Rate of Return and Net Present Value method and managerial decision making process. At the same time, the answer also includes the discussion regarding the concepts of sensitivity analysis and scenario analysis in relation to capital budgeting techniques. The answer in the second question defines the similarities and dissimilarities between the Capital Assets Pricing Model and Capital Market Line. Relationship between capital budgeting techniques and management decision-making process The capital budgeting techniques like, Internal Rate of Return and Net Present Value analysis are most popular methods that help the management of the companies taking logical investment decisions (Robinson and Burnett 2016). The internal rate of return is a capital budgeting technique that helps to identify the percentage of return that the management or the company will get by investing in a particular project. While calculating the internal rate of return, the management considers future cash inflows and out flows of that project. In the words of Abor (2017), the internal rate of return or IRR either motivates or de-motivates the investors or the management towards a particular project. The identification of IRR percentage of the project also indicates the breakeven point of the project. Hayward et al. (2016) suggests that if the value of IRR is higher than the cost of finance, then the project can be consider as an attractive project. This means, by identifying the IRR, the manag ement can understand whether the project is suitable for them or not. Net Present Value or NPV is another capital budgeting method that helps to identify the present value of certain future course of action or the future project (Magni, Veronese and Graziani 2016). In order to identify the NPV of a particular project, the future cash flows and discounting rate are considered. In case of a particular project, if the NPV value is positive, then it is considered that the project will be able to generate positive cash inflows in future years when the project will be completed (Tong, Hu and Hu 2017). Therefore, like, IRR, the NPV also helps the management understanding whether the project will be profitable for the company or not. Concept of sensitivity analysis in relation to capital budgeting technique Sensitivity analysis is a concept that helps identifying the impact of different values of independent variable on the dependent variable under certain circumstances (Christina 2009). On the other side, capital budgeting is a technique of analyzing a particular project in order to determine whether the project must be taken or not. Berk and Van Binsbergen (2016) have mentioned that the sensitivity analysis is related to the capital budgeting techniques to some extent. In case of the sensitivity analysis in general context, the management analyzes the project by considering both financial as well as non-financial factors, whereas in the capital budgeting, the management considers only the financial factors while analyzing a particular project (Anderson and Linderoth 2016). This indicates that the sensitivity analysis in relation to capital budgeting is that through which the management analyzes the financial factors of a project. In the other words, it can be said that through sensitivity analysis, the management of a company identifies or determines the probability of getting success in a particular project. Habibi, Habibi and Habibi (2016) has defined the sensitivity analysis as the technique of identifying or budgeting the cash inflow and outflow of a particular project by considering some essential factors like, interest rate, current economic condition and inflation rate. The sensitivity analysis in relation to capital budgeting can be better done with the help of IRR and NPV methods (Robinson and Burnett 2016). For example, in a particular project, the management of a company identified the IRR 10%, where the cost of capital is 5%. This means the IRR is much higher than the cost of capital or finance cost. Therefore, there is more chance or probability that the project will be profitable or suitable for the company because the rate of return that the investor or the company will get will be high. Simila rly, if the company identifies that the net present value of the project is negative, then the probability of project failure will be high, which means the management must not invest in the project (Christina 2009). Concept of Scenario analysis in relation to capital budgeting technique Scenario analysis is a technique of analyzing a particular project by considering certain factors and assumptions. In the other words, it can be said that the scenario analysis is a technique of analyzing a project by considering variety of situations or scenarios. Berk and Van Binsbergen (2016) commented that the scenario analysis helps the management of a company analyzing each possible alternative outcome of a particular project. Habibi, Habibi and Habibi (2016) have mentioned that the scenario analysis helps the managers identifying the value of a project by considering each risk factor. With the help of the scenario analysis, the management can understand impact of any unfavorable situation on the particular project taken by the company (Anderson and Linderoth 2016). For example, while investing in a new project like, business expansion, the management of the Woolworths Limited conducts the scenario analysis in order to identify the possible risks and return percentage of the pr oject. Before starting or investing a particular project, it is very important conducting the scenario analysis of the project. In case of any particular investment project, the company can conduct the scenario analysis by identifying the IRR and NPV by considering different rates of cost of capital (Tong, Hu and Hu 2017). At the same time, the management can also conduct the scenario analysis by identifying the IRR and NPV at different economic situations like, identifying the IRR and NPV during the high inflation in the market and identifying the IRR and NPV by considering the depression in the market (Christina 2009). Scenario analysis through capital budgeting techniques helps the management conducting realistic analysis of the project, which ultimately helps taking quick and appropriate decision. Therefore, from the above analysis, it can be understood that sensitivity analysis and scenario analysis both are important for the management while taking any decision related to capital investment. These two analytical concepts are very effective in case of capital budgeting. These two concepts help analyzing the project under realistic scenario. Identifying the similarities and differences between Capital Assets Pricing Model and Capital Market Line Before identifying the similarities and dissimilarities between Capital Assets Pricing Model or (CAPM) and Capital Market Line, it is important to have a basic knowledge on these two concepts, which are stated below: The main motive of CAPM model is identifying the relationship between the systematic risk and the expected return from a particular investment or asset (Lal et al. 2016). While analyzing a particular project with the help of CAPM, the management requires considering both of the systematic and unsystematic risk factors. Prat (2016) has considered the CAPM as one of the most suitable model for analyzing the suitability of a particular financial or investment project. In order to identify the expected return through the CAPM model, the following formula will be followed: Re = Rf + B [E (Rm) Rf] Rf = Risk free rate of the securities Re = Return on equity B = Beta coefficient and E (Rm) = Expected rate of return on the portfolio of market B [E (Rm) Rf] = The difference between the rate of risk- free rate and the anticipated return of market security that is referred as market premium. On the other side, the Capital Market Line shows the market portfolio of a particular set of risky assets. This is a tangent line that represents the value of the risks factors in a particular project. The Capital Market Line starts from the point, where the investment project is risk free and ends to the point, where the risks in the project starts (Kianpoor and Dehghani 2016). The Capital Market Line indicates the risk factors in a project that helps the CAPM model determining the fair value of the investment or project in respect to the current market value (Do, Bhatti and Konya 2016). Moreover, the Capital Market Line helps determining the level of performance of a particular assets portfolio. The Capital Market Line for a particular investment portfolio indicates whether the portfolio is overvalued or under-valued. The securities under a portfolio can be considered as under-valued if the expected rate of return of the security against the risk component that is beta is drawn abo ve the Capital Market Line and vice-versa (Kianpoor and Dehghani 2016). The major similarity between Capital Assets Pricing Model and Capital Market Line is that both help to determine the return from a particular investment or portfolio (Christensen, Hail and Leuz 2016). In case of the CAPM, the expected return on investment is measured based on the expected market return, risk variance and risk free rate of return (Lal et al. 2016). On the other side, in case of the Capital Market Line, the expected return is measured by identifying the tangent line by considering the CAPM. Another similarity between these two is that the both consider the risk factors while determining the return. As stated above, in case of CAPM, two types of risks are considered systematic risk and unsystematic risk (Petters and Dong 2016). On the other side, as the Capital Market Line is determined by considering the CAPM, it also considers the systematic as well as unsystematic risk. In the words of Prat (2016), the expected return from a project or investment which is determined by the CAPM model, is represented by the Capital Market Line. Though there are some similarities between the Capital Assets Pricing Model and Capital Market Line, it cannot be said that these two are completely same. There are some differences between these two. The first difference is that the Capital Assets Pricing Model determines the expected return of the investment portfolio by considering the risk free rate, systematic risks and the market premium rate; whereas, the Capital Market line determines the value of the investment portfolio by considering the probable return and risk factors (Christensen, Hail and Leuz 2016). Another difference between these two is that the Capital market line is just a graphical representation of value of the securities in the investment portfolio, but the CAPM does not provide any graphical representation that identifies the expected returns for the investment portfolio of a particular investor (Petters and Dong 2016). The capital market line depends on the CAPM model because while determining the Capital Market Line, the CAPM formula is followed in order to identify the expected return of the particular investment portfolio (Do, Bhatti and Konya 2016). However, the Capital Assets Pricing Model is not depended on the Capital Market line. Therefore, it can be said that CAPM is a part of Capital Market Line but Capital Market Line is not a part of CAPM model. In case of the Capital Market Line, only the efficient portfolios are shown. In the other words, it can be said that the Capital Market Line represents only those portfolio, which are efficient and include high return. However, this cannot be applied in case of the CAPM model (Christina 2009). Therefore, from the above discussion, it can be said that CAPM and Capital Market Line are related to each other but they are not completely same. Conclusion In this study, it has been identified that the Internal Rate of Return and he Net Present Value are the two most effective methods of capital budgeting. The study has identified that the internal rate of return and the net present value help the management of the companies to determine whether they should invest in a particular project or not. At the same time, the study has also identified that the management of an organization may conduct the sensitivity analysis and scenario analysis based on the capital budgeting techniques like, IRR and NPV. As per the analysis in the study, the sensitivity and scenario analyses help to determine the feasibility and suitability of the project in the real scenario. The study has also indicated that the capital assets pricing model and the capital market line both aim to identify the expected return of an investment portfolio and at the same time, these two also consider the risk factors while determining the expected return. However, the capital market line is a graphical representation of value of the securities in the investment portfolio, which is not same in case of the capital assets pricing model. Reference list: Abor, J.Y., 2017. Evaluating Capital Investment Decisions: Capital Budgeting. InEntrepreneurial Finance for MSMEs(pp. 293-320). Springer International Publishing. Anderson, E. and Linderoth, J., 2016. High Throughput Computing for Massive Scenario Analysis and Optimization to Minimize Cascading Blackout Risk.IEEE Transactions on Smart Grid. Berk, J.B. and Van Binsbergen, J.H., 2016. Assessing asset pricing models using revealed preference.Journal of Financial Economics,119(1), pp.1-23. Christensen, H.B., Hail, L. and Leuz, C., 2016. Capital-market effects of securities regulation: Prior conditions, implementation, and enforcement.Review of Financial Studies, p.hhw055. Christina, P., 2009. Capital budgeting methods.Docs. school Publications. Do, H.Q., Bhatti, M.I. and Konya, L., 2016. On ASEAN capital market and industry integration: a review.Corporate Ownership and Control Journal,2(1), pp.8-23. Habibi, H., Habibi, R. and Habibi, H., 2016. Derivation of Kalman Filter Estimates Using Bayesian Theory: Application in Time Varying Beta CAPM Model.Journal of Statistical and Econometric Methods,5(2), pp.1-16. Hayward, M., Caldwell, A., Steen, J., Gow, D. and Liesch, P., 2016. Entrepreneurs' Capital Budgeting Orientations and Innovation Outputs: Evidence From Australian Biotechnology Firms.Long Range Planning. Kianpoor, M.M. and Dehghani, A., 2016. The Analysis on Fama and French Asset-Pricing Model to Select Stocks in Tehran Security and Exchange Organization (TSEO).Procedia Economics and Finance,36, pp.283-290. Lal, I., Mubeen, M., Hussain, A. and Zubair, M., 2016. An Empirical Analysis of Higher Moment Capital Asset Pricing Model for Karachi Stock Exchange (KSE).Open Journal of Social Sciences,4(06), p.53. Magni, C.A., Veronese, P. and Graziani, R., 2016. Chisini Mean and a Unified Approach to Capital Budgeting Criteria. Petters, A.O. and Dong, X., 2016. Capital Market Theory and Portfolio Risk Measures. InAn Introduction to Mathematical Finance with Applications(pp. 151-208). Springer New York. Prat, R., 2016. Five Objections Against Using a Size Premium When Estimating the Required Return of Capital with the Capital Asset Pricing Model. Robinson, C.J. and Burnett, J.R., 2016. Financial Management Practices: An Exploratory Study of Capital Budgeting Techniques in the Caribbean Region. Tong, J., Hu, J. and Hu, J., 2017. Computing equilibrium prices for a capital asset pricing model with heterogeneous beliefs and margin-requirement constraints.European Journal of Operational Research,256(1), pp.24-34.