Fast food Strike Assignment Example | Topics and Well Written Essays - 1000 words

Fast food Strike - Assignment Example On the other hand, increasing the minimum wages may spur productivity since companies that pay higher wages experience low employee turnover due to the efficiency wages. Furthermore, some jobs cannot be automated (McArdle, para 4). It is possible to raise the minimum wages without much disemployment effect, but doubling or raising by 50 percent to $ 10.50 an hour The article asserts that the timing of the minimum wage increases is important since the labor market is currently weak, inflation is low and McDonalds’ customers are price-sensitive thus any increase in wages will lead to increase in the products thus leading to a decline in sales. The article identifies that a big hike in minimum wages will affect the overall payroll of the industry since a hike to $ 10.50 represents a 44 percent increase from the current federal minimum wage of $ 7.50 an hour. A 100 percent hike in wages will translate to about 25 percent for the affected businesses since other employees in senior positions will also demand wage increases. Furthermore, very few fast-food franchises have profit margins of about 25 percent due to high competition in the industry and value-conscious consumers thus it is impossible to absorb the huge hikes in labor cost (McArdle, para 6). The article assert that current studies on minimum wage are short-term, since restaurants have a higher fixed investment component comprising of equipments thus higher labor costs may limit the opening of new restaurants in the future. The author is of the idea that efficiency wage concept is misunderstood since higher employee retention and output is influenced by the wage differentials in the industry, respect for employees and labor market competition. The author finally clarifies that lower wages may not necessary lead to increase in economic productivity since compensation rates outpaced productivity in mid-20th century, and the productivity levels have been increasing to

Design and analysis (aerodynamics) of the new engine cover for open Lab Report

Design and analysis (aerodynamics) of the new engine cover for open wheel climb race car in by using CFD (computational fluid dynamics). [2500 words] - Lab Report Example At first, the investigation will revolve around the models of turbulence like Shear Stress Transport (SST) and Spalart Allmaras (SA). These models are the best suited for the Computational Fluid Dynamics research. In practice, the Spalart Allmaras (SA) model meritoriously produce good Computational Fluid Dynamics simulations in relation to performance on the cost and stability. The model is suited for meshes without structure. However, Shear Stress Transport (SST) is on the basis of k-epsilon and k-omega baselines. K-epsilon is for the parts of the body that are a bit far from the wall while K-omega model is applicable on the parts near walls. The design model, will have a design of low level engine covers for the new car in a way of cutting down the area at the front of the car. On the basis of the nature science, the new model is created in a way of reducing the coefficient of the drag as one of the aerodynamic forces. This on the assumption that the engine cover is capable of reducing the drag as a result of a decreased area at the front of the car. The small area at the front induced by low height engine cover aids in decreasing the parts of vortices and turbulence near the engine covers and cockpits. This way, the rear wing is capable of developing an excess downward force, on condition the flow is continuous. The vital fact thus is knowledge of the best way to decrease the vortices and turbulence (complex flow). The lab was also effective in perfoming Computational Fluid Dynamics simulation on the helmet. This is the first design established in the process which incorpiorates the engine cover as a way of investigating the regions of flow near the cockpit in each section. The design of the second car is aimed at discovering new ways on basis of high hill engine cover. In accordance to the first simulation result, unstable airflow is developed. A high