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Blog Archive

Team Cleaning: Pilot Testing

Team cleaning could increase productivity by more than 50%. It relies on three or more cleaning employees to perform specialized tasks. Designers of a good team cleaning program initially create it on paper, then pilot test it to ensure that it is devoid of inefficient tools and equipment (Frank, 1999). Implementing team cleaning requires managerial commitment and upfront efforts, such as space analysis, workloading, acquisition of new equipment, training, and addressing personnel and union issues. The primary goal of team cleaning is to improve cleaning and simplify the cleaning process. It is, therefore, management’s responsibility to guide the organizational change by ensuring commitment, upfront efforts, tools/equipment, and assigning champions to implement the team cleaning concept.

The False Subprime Mortgage Argument

Recessions result from the fall of real income, a loss of consumers’ purchasing power. Subprime mortgages are loans made to homeowners perceived to have high credit risk. Loans expand the money supply and hence the economy. Therefore, subprime mortgages (loans) could not cause income to fall.

The Challenge of Condition Based Maintenance

An effective condition-based maintenance regime requires a good understanding of asset criticality, failure rate modes, and, effects; as well as the total cost of failures. Therefore, understanding what to monitor for a given asset requires reliability and related financial data.

Recessions, why do they occur?

The effectiveness of the economy and financial institutions depends on the ability of the Federal Reserve (Fed) to use monetary and credit policies in pursuit of maximum employment, stable prices, and moderate long-term interest rates. It also depends on the Fed effectively supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers.

Condition Based Maintenance

A well-implemented condition based maintenance (CBM) regime requires management support, data analysis to determine cost-effective monitoring points, and a knowledgeable and disciplined maintenance organization. The main objective of CBM is to ensure that assets fulfill their mission in the most cost effectively manner.

Capacitors

In terms of electrical savings, capacitors reduce line losses and power factor penalty. Generally, electricity utility suppliers install revenue meters capable of recording kilowatt demand, kilowatt-hours (kWh) and kilovolt-amp reactive hours (kVARh) on customers’ electric lines that exceed pre-established peak demand levels.

Martin Luther King, Jr.

Martin Luther King, Jr. was a preacher and leader of a nonviolent movement that continues to transform America and the world. He was one of the twentieth century’s most influential men and lived an extraordinary life. He led the civil rights movement that rebelled against segregation. He synthesized ideas drawn from many different cultural traditions and became one of the world’s best-known advocates of non-violent social change strategies.

Expansion and Employment

The money supply is an important determinant of output, income, prices, and employment. Therefore, when the Fed drains reserves from the banking system or when the banking system refuses to provide entrepreneurs, merchants, and consumers with credit (money), output and hence employment diminishes.

Reliability Centered Maintenance

The RCM is a logical, structured framework for determining the optimum mix of applicable and effective maintenance activities needed to sustain the operational reliability of systems and equipment while ensuring their safe and economical operation and support.

Summary of Requirements for the Establishment of a Federal Credit Union

A credit union is a member-owned, member-controlled, not-for-profit cooperative financial institution formed to permit groups of persons to save, borrow, and obtain related financial services and to participate in its management. Member ownership and control are what make credit unions unique. In 1934, Congress passed the Federal Credit Union Act “to establish a Federal Credit Union System, to establish a further market for securities of the United States and to make more available to people of small means credit for provident purposes through a national system of cooperative credit, thereby helping to stabilize the credit structure of the United States.”