Over time, the costs of processing go down because as organizations learn how to do things better, they become
more efficient. In color film processing, for example, the cost of a 3-by-5-inch print fell from 50 cents for five-day
service in 1970 to 20 cents for one-day service in 1984. The same principle applies to the processing of food. And
since Olympic Foods will soon celebrate its 25th birthday, we can expect that our long experience will enable us to
minimize costs and thus maximize profits
The argument is stating that over time, the costs of processing of any stuff for an organization goes down as the organization learns how to do things better and their efficiency increases with time. Argument is based upon the example of color film processing industry. Based upon color film processing, it is stated that Olympic Foods will be able soon minimize its costs and hence maximize its profits.
There are various factors that decides the overall costs of processing, argument should take into consideration all the factors before predicting whether the costs of processing will go down with time or will remain same or whether it will increase. As it is stated that in case of color fill processing there was huge decrease in total processing costs for the 3-by-5 print from 1970 to 1984. This may be because of new innovative technology which resulted in reducing of overall processing costs and not because of experience gained during this time. May be for processing the print in 1970, 90% of the total processing cost was because of labor charges and now in 1984 because of new technology total labor requirement is reduced by 90%, hence reducing the total cost of processing. There may be other factors those have resulted in reduction of the total processing cost. May in 1984, total wastage that resulted during the processing is reduced because of new innovation not because of experience and hence resulting in reducing the total processing cost. It is stated that for Olympics foods, because of their long experience, they will be able to minimize costs
and this maximize profits. This may not happen, may be by their 25th birthday, cost of labor is increased by tremendous amount and also other cost like that of machinery required for processing will be increased, raw material cost is increased, electricity charges are increased. All these factors will lead to increase in total costs and hence reduced profits.
There may be other factors that may affect to overall profits like increase in market competition which will force Olympic Food to reduce its selling price, hence affecting its overall profits. Olympic food may be able to reduce its total costs of processing but market competition and some natural calamity may affect overall profit for it. By 25th birthday, Olympic food may run some promotion campaign in-order to attract more customers or in-order to retain existing customers, hence affecting its bottom line and its profits. Hence, multitude of factors ranging from increase in labor cost, increased electricity charges, increased cost of raw material, increase in shop rent etc. can affect total profits of Olympic foods.
Reduction in processing cost doesn't guarantee increased profits.
- Over time, the costs of processing go down because as organizations learn how to do things better, they becomemore efficient. In color film processing, for example, the cost of a 3-by-5-inch print fell from 50 cents for five-dayservice in 1970 to 20 cents 50
- The following appeared in a magazine article on trends and lifestyles:“In general, people are not as concerned as they were a decade ago about regulating their intake of red meat andfatty cheeses. Walk into the Heart’s Delight, a store that started se 58
- Over time, the costs of processing go down because as organizations learn how to do things better, they becomemore efficient. In color film processing, for example, the cost of a 3-by-5-inch print fell from 50 cents for five-dayservice in 1970 to 20 cents 50
- Altruism is a type of behavior in which an animal sacrifices its own interest for that of another animal or group of animals. Altruism is the opposite of selfishness; individuals performing altruistic acts gain nothing for themselves.Examples of altruism 63
- People benefit more from traveling in their own country than from traveling to foreign countries 76
Grammar and spelling errors:
Line 3, column 418, Rule ID: NEW_XX[1]
Message: Use simply 'innovative'.
Suggestion: innovative
...om 1970 to 1984. This may be because of new innovative technology which resulted in reducing o...
^^^^^^^^^^^^^^
Line 3, column 558, Rule ID: HE_VERB_AGR[8]
Message: The proper name in singular (May) must be used with a third-person verb: 'is'.
Suggestion: is
...experience gained during this time. May be for processing the print in 1970, 90% o...
^^
Line 3, column 962, Rule ID: NEW_XX[1]
Message: Use simply 'innovation'.
Suggestion: innovation
...ng the processing is reduced because of new innovation not because of experience and hence res...
^^^^^^^^^^^^^^
Line 3, column 1169, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...nce, they will be able to minimize costs and this maximize profits. This may not ...
^^^
Line 7, column 30, Rule ID: EN_CONTRACTION_SPELLING
Message: Possible spelling mistake found
Suggestion: doesn't
...c foods. Reduction in processing cost doesnt guarantee increased profits.
^^^^^^
Discourse Markers used:
['also', 'but', 'hence', 'may', 'so']
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance in Part of Speech:
Nouns: 0.284536082474 0.25644967241 111% => OK
Verbs: 0.164948453608 0.15541462614 106% => OK
Adjectives: 0.080412371134 0.0836205057962 96% => OK
Adverbs: 0.0268041237113 0.0520304965353 52% => OK
Pronouns: 0.0329896907216 0.0272364105082 121% => OK
Prepositions: 0.152577319588 0.125424944231 122% => OK
Participles: 0.0618556701031 0.0416121511921 149% => OK
Conjunctions: 2.60710562475 2.79052419416 93% => OK
Infinitives: 0.0185567010309 0.026700313972 69% => OK
Particles: 0.0020618556701 0.001811407834 114% => OK
Determiners: 0.0515463917526 0.113004496875 46% => Some determiners wanted.
Modal_auxiliary: 0.039175257732 0.0255425247493 153% => OK
WH_determiners: 0.0123711340206 0.0127820249294 97% => OK
Vocabulary words and sentences:
No of characters: 2741.0 2731.13054187 100% => OK
No of words: 446.0 446.07635468 100% => OK
Chars per words: 6.14573991031 6.12365571057 100% => OK
Fourth root words length: 4.5955099915 4.57801047555 100% => OK
words length more than 5 chars: 0.365470852018 0.378187486979 97% => OK
words length more than 6 chars: 0.300448430493 0.287650121315 104% => OK
words length more than 7 chars: 0.206278026906 0.208842608468 99% => OK
words length more than 8 chars: 0.132286995516 0.135150697306 98% => OK
Word Length SD: 2.60710562475 2.79052419416 93% => OK
Unique words: 180.0 207.018472906 87% => More unique words wanted.
Unique words percentage: 0.403587443946 0.469332199767 86% => More unique words wanted or less content wanted.
Word variations: 43.9929648624 52.1807786196 84% => OK
How many sentences: 18.0 20.039408867 90% => OK
Sentence length: 24.7777777778 23.2022227129 107% => OK
Sentence length SD: 61.6716714686 57.7814097925 107% => OK
Chars per sentence: 152.277777778 141.986410481 107% => OK
Words per sentence: 24.7777777778 23.2022227129 107% => OK
Discourse Markers: 0.277777777778 0.724660767414 38% => More Discourse Markers wanted.
Paragraphs: 5.0 5.14285714286 97% => OK
Language errors: 5.0 3.58251231527 140% => OK
Readability: 54.8226208271 51.9672348444 105% => OK
Elegance: 2.22018348624 1.8405768891 121% => OK
Coherence and Cohesion:
Essay topic to essay body coherence: 0.40662822145 0.441005458295 92% => OK
Sentence sentence coherence: 0.207494441557 0.135418324435 153% => OK
Sentence sentence coherence SD: 0.125743134289 0.0829849096947 152% => OK
Sentence paragraph coherence: 0.580755069514 0.58762219726 99% => OK
Sentence paragraph coherence SD: 0.179586228495 0.147661913831 122% => OK
Sentence topic coherence: 0.176128115136 0.193483328276 91% => OK
Sentence topic coherence SD: 0.0953356230656 0.0970749176394 98% => OK
Paragraph paragraph coherence: 0.340508930615 0.42659136922 80% => OK
Paragraph paragraph coherence SD: 0.0915072728558 0.0774707102158 118% => OK
Paragraph topic coherence: 0.238001787107 0.312017818177 76% => OK
Paragraph topic coherence SD: 0.111164148389 0.0698173142475 159% => OK
Task Achievement:
Sentences with positive sentiment : 13.0 8.33743842365 156% => OK
Sentences with negative sentiment : 4.0 6.87684729064 58% => OK
Sentences with neutral sentiment: 1.0 4.82512315271 21% => More neutral sentences wanted.
Positive topic words: 12.0 6.46551724138 186% => OK
Negative topic words: 3.0 5.36822660099 56% => OK
Neutral topic words: 1.0 2.82389162562 35% => OK
Total topic words: 16.0 14.657635468 109% => OK
What are sentences with positive/Negative/neutral sentiment?
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Rates: 50.0 out of 100
Scores by essay e-grader: 3.0 Out of 6 -- The score is based on the average performance of 20,000 argument essays. This e-grader is not smart enough to check on arguments.
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Note: This is not the final score. The e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.