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

Essay topics:

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

Author is making an argument that over time, the costs of processing goes down as efficiency increases. It is making a correlation between increase in efficiency, costs of processing and profit. This can be true in some industries, but this is not be always true and lot of other factors play a crucial role. Argument is based upon sole example of color film processing industry, where costs decreased with time because of increase in efficiency. It is stated that Olympic Foods will be able soon minimize its costs and hence, maximize its profits over time as it happened in color film industry.

First of all, foods business is very different from film processing business, author can not directly compare these two without taking into consideration other factors, which I will discuss in the following paragraphs. Overall costs of processing is only one component which decides the profits, there are other components like cost of raw material, labor cost etc. which play a crucial role and can have negative effects on the profits.

According to the argument, there was huge decrease in total processing costs for 3-by-5 print from 1970 to 1984, which seems to be a sound premise to come to conclusion that profits for Olympic foods could also be increased. But, new technology could have resulted in reducing overall processing costs and not the experience gained during this time. In 1970, may be 90% of the total cost was because of labor charges and now in 1984 it is drastically reduced, hence, reduced processing cost. If this is the factor, then same innovation can not help Olympic food reduce its cost and thus maximize its profits. These two are different industries and have completely different requirement, processes and customers.

It may be true that because of experience, total wastage during the film processing is drastically reduced, but food processing industry employees different processes and methods, which may or may not be help both the industries. Nowadays, people are becoming more and more aware of their health and are avoiding outside food, this can force food business to spend more money on promotional campaigns or making their food look more healthy and nutritious, which will decrease overall profits.

Other factors like increase in labor cost, machinery cost, raw material and electricity charges could effect the profits over time. All these factors should also be taken into account when calculating overall profits, which is not solely dependent upon processing costs. Profits depends upon lot of other factors as stated above and all the above factors will lead to reduced profits. Tourism is increasing over time, hence demands for film, which may have helped film processing industry streamline its processes and take advantage of scale to reduce its processing cost, whereas for food industry, people are propagandizing negative effects of outside food, which will be very bad for Olympic food as its sale may decrease over time.

Market competition can also have negative effects on profits. Which will force the Olympic Food to reduce its selling price, affecting its overall profits, hence making this argument that experience helped film business reduce total costs and same will work for the Olympic foods seems completely illogical. It could be able to reduce its total costs of processing but some exigency can affect its overall profit. Therefore, multitude of factors ranging from increase in the labor cost, electricity charges, cost of input material, shop rent etc. can affect total profits. Hence, it can be concluded based upon the analysis and various reasons stated above that reduction in processing cost does not guarantee increased profits and the argument stated fails to provide a sound reason to come to a conclusion and all the its better to compare two businesses of same type instead of comparing apples with oranges.

Votes
Average: 5 (1 vote)
This essay topic by users
Post date Users Rates Link to Content
2016-10-02 anurag21 77 view
2016-10-02 anurag21 50 view
2016-10-02 anurag21 50 view
2016-10-02 anurag21 75 view
2016-10-02 anurag21 50 view
Essay Categories
Essays by user anurag21 :

Comments

Grammar and spelling errors:
Line 1, column 249, Rule ID: BEEN_PART_AGREEMENT[2]
Message: Consider using a past participle here: 'been'.
Suggestion: been
...rue in some industries, but this is not be always true and lot of other factors pl...
^^
Line 7, column 494, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...s, which will decrease overall profits. Other factors like increase in labor cos...
^^^^^
Line 9, column 103, Rule ID: AFFECT_EFFECT[6]
Message: Did you mean 'affect'?
Suggestion: affect
... material and electricity charges could effect the profits over time. All these factor...
^^^^^^
Line 11, column 125, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...lympic Food to reduce its selling price, affecting its overall profits, hence mak...
^^
Line 11, column 818, Rule ID: DT_PRP[1]
Message: Possible typo. Did you mean 'the' or 'its'?
Suggestion: the; its
... reason to come to a conclusion and all the its better to compare two businesses of sam...
^^^^^^^

Discourse Markers used:
['also', 'but', 'first', 'hence', 'if', 'look', 'may', 'so', 'then', 'therefore', 'thus', 'whereas', 'as for', 'first of all']

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance in Part of Speech:
Nouns: 0.288378766141 0.25644967241 112% => OK
Verbs: 0.159253945481 0.15541462614 102% => OK
Adjectives: 0.0832137733142 0.0836205057962 100% => OK
Adverbs: 0.0444763271162 0.0520304965353 85% => OK
Pronouns: 0.0315638450502 0.0272364105082 116% => OK
Prepositions: 0.106169296987 0.125424944231 85% => OK
Participles: 0.0459110473458 0.0416121511921 110% => OK
Conjunctions: 2.57587938822 2.79052419416 92% => OK
Infinitives: 0.0200860832138 0.026700313972 75% => OK
Particles: 0.00286944045911 0.001811407834 158% => OK
Determiners: 0.0573888091822 0.113004496875 51% => OK
Modal_auxiliary: 0.038737446198 0.0255425247493 152% => OK
WH_determiners: 0.0186513629842 0.0127820249294 146% => OK

Vocabulary words and sentences:
No of characters: 3906.0 2731.13054187 143% => OK
No of words: 632.0 446.07635468 142% => OK
Chars per words: 6.18037974684 6.12365571057 101% => OK
Fourth root words length: 5.01394158123 4.57801047555 110% => OK
words length more than 5 chars: 0.363924050633 0.378187486979 96% => OK
words length more than 6 chars: 0.300632911392 0.287650121315 105% => OK
words length more than 7 chars: 0.204113924051 0.208842608468 98% => OK
words length more than 8 chars: 0.131329113924 0.135150697306 97% => OK
Word Length SD: 2.57587938822 2.79052419416 92% => OK
Unique words: 253.0 207.018472906 122% => OK
Unique words percentage: 0.400316455696 0.469332199767 85% => More unique words wanted or less content wanted.
Word variations: 48.5798638527 52.1807786196 93% => OK
How many sentences: 25.0 20.039408867 125% => OK
Sentence length: 25.28 23.2022227129 109% => OK
Sentence length SD: 79.6281759178 57.7814097925 138% => OK
Chars per sentence: 156.24 141.986410481 110% => OK
Words per sentence: 25.28 23.2022227129 109% => OK
Discourse Markers: 0.56 0.724660767414 77% => OK
Paragraphs: 6.0 5.14285714286 117% => OK
Language errors: 5.0 3.58251231527 140% => OK
Readability: 55.3432911392 51.9672348444 106% => OK
Elegance: 1.87195121951 1.8405768891 102% => OK

Coherence and Cohesion:
Essay topic to essay body coherence: 0.321516543839 0.441005458295 73% => OK
Sentence sentence coherence: 0.0978492735486 0.135418324435 72% => OK
Sentence sentence coherence SD: 0.071966085541 0.0829849096947 87% => OK
Sentence paragraph coherence: 0.494058822836 0.58762219726 84% => OK
Sentence paragraph coherence SD: 0.134129261065 0.147661913831 91% => OK
Sentence topic coherence: 0.122436930983 0.193483328276 63% => OK
Sentence topic coherence SD: 0.08020894289 0.0970749176394 83% => OK
Paragraph paragraph coherence: 0.334508589384 0.42659136922 78% => OK
Paragraph paragraph coherence SD: 0.0541740886797 0.0774707102158 70% => OK
Paragraph topic coherence: 0.217774814553 0.312017818177 70% => OK
Paragraph topic coherence SD: 0.0617741040232 0.0698173142475 88% => OK

Task Achievement:
Sentences with positive sentiment : 16.0 8.33743842365 192% => OK
Sentences with negative sentiment : 6.0 6.87684729064 87% => OK
Sentences with neutral sentiment: 3.0 4.82512315271 62% => OK
Positive topic words: 12.0 6.46551724138 186% => OK
Negative topic words: 6.0 5.36822660099 112% => OK
Neutral topic words: 2.0 2.82389162562 71% => OK
Total topic words: 20.0 14.657635468 136% => OK
What are sentences with positive/Negative/neutral sentiment?

---------------------
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.
---------------------
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.