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ewanleeyz
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14 Jan 2023, 00:42
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“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 twenty-fifth birthday, we can expect that our long experience will enable us to minimize costs and thus maximize profits.”
Discuss how well reasoned you find this argument. In your discussion be sure to analyze the line of reasoning and the use of evidence in the argument. For example, you may need to consider what questionable assumptions underlie the thinking and what alternative explanations or counterexamples might weaken the conclusion. You can also discuss what sort of evidence would strengthen or refute the argument, what changes in the argument would make it more logically sound, and what, if anything, would help you better evaluate its conclusion.
The argument claims that processing costs reduce over time as organizations learn to streamline their production pipelines , hence becoming more efficient in delivering products and rendering services. Thus, we should expect that Olympic Foods would have decreased its operating costs whilst maximizing its profit margin since it has been operating for 25 years. Stated in this way the argument reveals examples of leaps of faith , poor reasoning and ill defined methodology . The conclusion relies on assumptions, for which there is no clear evidence. Therefore, the argument is rather weak, unconvincing, and has several flaws.
Firstly, the argument readily assumes that as organizations learn how to do things better, they adopt procedures and processes that command a lesser cost. This argument is a stretch as this is not necessarily the case , and there are many counterexamples to this argument. For instance, as phone manufacturing companies like Apple innovate newer technologies and becomes more capable of producing more technologically sophisticated phones , it also incorporated a larger R&D teams to cope with the ever intensifying consumer demands . Additionally , it integrated more complicated processes along with better equipment that will require a much greater cost to purchase and maintain. Clearly, all these contribute to increasing operating costs which will demand a higher revenue to afford. Hence, the same could apply to food production processes , such that it will result in a much larger cost to sustain daily operations and to meet periodic demands. Furthermore , most businesses will only command a higher profit margin by investing a larger capital into their business , hence a larger revenue plus profit. The argument would have been much clearer if it explicitly gave examples of how upgrading existing processes will command lesser costs overall for the firm.
Secondly, the argument claims that the lesser costs involved in more recent color film processing services is a valid analogy to food production processes . This is again a very weak and unsupported claim as the argument does not demonstrate any correlation between food production processes and color film processing methods. Thusly, the argument makes the bold assumption that color filming and food production are similar processes that follow largely the same methodology , which of course is not true in many real-life examples. In fact , it also bases a rather niche example on a more general and broader process, such that it doesn’t draw any sort of parallels between the two. If any correlations exist between both these processes, the argument would have been more sound and credible. Additionally, if the argument provided evidence that a 25 years worth of heritage can lead to more cost-efficient food manufacturing processes , the argument could have been strengthened even further.
Finally, the argument posits that a 25 years worth of operation backdrop will lead to better processes that must command lesser costs. Again, from this statement it is not clear how by operating for 25 years the company would have pioneered better production protocols that serve to reduce overheads . Without convincing evidence to support this opinion, one is left with the impression that the claim is more of a wishful thinking rather than substantive evidence.
In summary, the argument is flawed and therefore unconvincing. It could be considerably strengthened if the author clearly mentioned all the relevant facts. In order to assess the merits of a certain situation, it is essential to have full knowledge of all contributing factors.
Discuss how well reasoned you find this argument. In your discussion be sure to analyze the line of reasoning and the use of evidence in the argument. For example, you may need to consider what questionable assumptions underlie the thinking and what alternative explanations or counterexamples might weaken the conclusion. You can also discuss what sort of evidence would strengthen or refute the argument, what changes in the argument would make it more logically sound, and what, if anything, would help you better evaluate its conclusion.
The argument claims that processing costs reduce over time as organizations learn to streamline their production pipelines , hence becoming more efficient in delivering products and rendering services. Thus, we should expect that Olympic Foods would have decreased its operating costs whilst maximizing its profit margin since it has been operating for 25 years. Stated in this way the argument reveals examples of leaps of faith , poor reasoning and ill defined methodology . The conclusion relies on assumptions, for which there is no clear evidence. Therefore, the argument is rather weak, unconvincing, and has several flaws.
Firstly, the argument readily assumes that as organizations learn how to do things better, they adopt procedures and processes that command a lesser cost. This argument is a stretch as this is not necessarily the case , and there are many counterexamples to this argument. For instance, as phone manufacturing companies like Apple innovate newer technologies and becomes more capable of producing more technologically sophisticated phones , it also incorporated a larger R&D teams to cope with the ever intensifying consumer demands . Additionally , it integrated more complicated processes along with better equipment that will require a much greater cost to purchase and maintain. Clearly, all these contribute to increasing operating costs which will demand a higher revenue to afford. Hence, the same could apply to food production processes , such that it will result in a much larger cost to sustain daily operations and to meet periodic demands. Furthermore , most businesses will only command a higher profit margin by investing a larger capital into their business , hence a larger revenue plus profit. The argument would have been much clearer if it explicitly gave examples of how upgrading existing processes will command lesser costs overall for the firm.
Secondly, the argument claims that the lesser costs involved in more recent color film processing services is a valid analogy to food production processes . This is again a very weak and unsupported claim as the argument does not demonstrate any correlation between food production processes and color film processing methods. Thusly, the argument makes the bold assumption that color filming and food production are similar processes that follow largely the same methodology , which of course is not true in many real-life examples. In fact , it also bases a rather niche example on a more general and broader process, such that it doesn’t draw any sort of parallels between the two. If any correlations exist between both these processes, the argument would have been more sound and credible. Additionally, if the argument provided evidence that a 25 years worth of heritage can lead to more cost-efficient food manufacturing processes , the argument could have been strengthened even further.
Finally, the argument posits that a 25 years worth of operation backdrop will lead to better processes that must command lesser costs. Again, from this statement it is not clear how by operating for 25 years the company would have pioneered better production protocols that serve to reduce overheads . Without convincing evidence to support this opinion, one is left with the impression that the claim is more of a wishful thinking rather than substantive evidence.
In summary, the argument is flawed and therefore unconvincing. It could be considerably strengthened if the author clearly mentioned all the relevant facts. In order to assess the merits of a certain situation, it is essential to have full knowledge of all contributing factors.
Archit3110
Major Poster
14 Jan 2023, 03:06
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Have you used Chinese burned template?
If not use the same score of 5 can be achieved by it
Posted from my mobile device
If not use the same score of 5 can be achieved by it
Posted from my mobile device
ewanleeyz
Joined: 13 Jan 2023
Last visit: 17 Aug 2023
Posts: 16
Own Kudos:
Given Kudos: 2
Location: Malaysia
Schools: Imperial (A$$)
GPA: 4
14 Jan 2023, 03:45
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Archit3110
Yes I did use his template
I want a numerical score , if you can give me one that is?😅
