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08 Aug 2021, 21:21
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The following appeared as part of an annual report sent to stockholders by Olympic Foods, a processor of frozen
foods:
“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.”
Discuss how well reasoned . . . etc.
The argument presented is flawed and it does not provide any evidence to support the arguments.Primarly,the comparison between color film processing industry and food processing indutry itself is an act with no evidence.
The first flaw the argument presents is comparing color film processing industry with food processing industry.Both these industry are having different industry dynamics and market space,comapring these two is not an ideal move and the argument does not provide any warrent to support the argument.If the argument had presented any statistical data about correlation between these two industries,then it would have slightly strengthen the argument but the metrics of comparison is different for these two industries.
The second serious flaw to dissect is that it over optimistically assumes that long experience of olympic foods will drive profits and minimize the cost.This argument is fundamentally wrong as it is not necessary that highly experienced companies have maximum profit's and minimum cost.The performance depends on the companies operations,leadership and also the economic landscape of the country.If the argument had presented the historic data about this company, then it would be relaiable to predict the profit and cost,even knowing the data is not the only metric to predict the profit and cost.
An unwarrented flaw to consider is that the argument assumes that organizations learn to be more efficient over time.This is a general statement which is not supported by any conclusive evidence.There are lots of comapnies who are not efficient in some aspect even though they are exeperienced.The assumption this argument makes is flawed and this need not be true in case of food processing industry as a whole.If the argument had presented a percentage decrease in cost of production for experienced companies then it would strengthen the argument,but cost of production can be affected by other factors like leadership changes and employee quality etc.
In conclusion,the argument is flawed and it does not provide any convincing evidence to support the claims.So,we cannot assume that olympic foods will have maximum profit and minimum profits solely based on having high experience in the industry.
foods:
“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.”
Discuss how well reasoned . . . etc.
The argument presented is flawed and it does not provide any evidence to support the arguments.Primarly,the comparison between color film processing industry and food processing indutry itself is an act with no evidence.
The first flaw the argument presents is comparing color film processing industry with food processing industry.Both these industry are having different industry dynamics and market space,comapring these two is not an ideal move and the argument does not provide any warrent to support the argument.If the argument had presented any statistical data about correlation between these two industries,then it would have slightly strengthen the argument but the metrics of comparison is different for these two industries.
The second serious flaw to dissect is that it over optimistically assumes that long experience of olympic foods will drive profits and minimize the cost.This argument is fundamentally wrong as it is not necessary that highly experienced companies have maximum profit's and minimum cost.The performance depends on the companies operations,leadership and also the economic landscape of the country.If the argument had presented the historic data about this company, then it would be relaiable to predict the profit and cost,even knowing the data is not the only metric to predict the profit and cost.
An unwarrented flaw to consider is that the argument assumes that organizations learn to be more efficient over time.This is a general statement which is not supported by any conclusive evidence.There are lots of comapnies who are not efficient in some aspect even though they are exeperienced.The assumption this argument makes is flawed and this need not be true in case of food processing industry as a whole.If the argument had presented a percentage decrease in cost of production for experienced companies then it would strengthen the argument,but cost of production can be affected by other factors like leadership changes and employee quality etc.
In conclusion,the argument is flawed and it does not provide any convincing evidence to support the claims.So,we cannot assume that olympic foods will have maximum profit and minimum profits solely based on having high experience in the industry.
09 Aug 2021, 09:46
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AWA Score: 5 out of 6!
I have used a GMATAWA auto-grader to evaluate your essay.
Coherence and connectivity: 5/5
This rating corresponds to the flow of ideas and expressions from one paragraph to another. The effective use of connectives and coherence of assertive language in arguing for/against the argument is analyzed. This is deemed as one of the most important parameters.
Paragraph structure and formation: 4/5
The structure and division of the attempt into appropriate paragraphs are evaluated. To score well on this parameter, it is important to organize the attempt into paragraphs. Preferable to follow the convention of leaving a line blank at the end of each paragraph, to make the software aware of the structure of the essay.
Vocabulary and word expression: 4/5
This parameter rates the submitted essay on the range of relevant vocabulary possessed by the candidate basis the word and expression usage. There are no extra- points for bombastic word usage. Simple is the best form of suave!
I have used a GMATAWA auto-grader to evaluate your essay.
Coherence and connectivity: 5/5
This rating corresponds to the flow of ideas and expressions from one paragraph to another. The effective use of connectives and coherence of assertive language in arguing for/against the argument is analyzed. This is deemed as one of the most important parameters.
Paragraph structure and formation: 4/5
The structure and division of the attempt into appropriate paragraphs are evaluated. To score well on this parameter, it is important to organize the attempt into paragraphs. Preferable to follow the convention of leaving a line blank at the end of each paragraph, to make the software aware of the structure of the essay.
Vocabulary and word expression: 4/5
This parameter rates the submitted essay on the range of relevant vocabulary possessed by the candidate basis the word and expression usage. There are no extra- points for bombastic word usage. Simple is the best form of suave!
Please follow the AWA forum rules while posting.
Good Luck
Ashwath2001
10 Aug 2021, 06:35
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Thank you for evaluating my essay. I really appreciate your efforts in using essay grader to evaluate my essay.
