The hormone’s amino acid

Insulin, an endocrine hormone, is one of the most well-studied proteins synthesized by the human body. Its relatively simple structure and short amino acid sequence have made it a useful model for many protein studies. It is synthesized in beta cells of the pancreas through posttranslational cleavage of proinsulin, and released upon stimulation by elevated levels of glucose in the blood. Insulin plays an important role in regulating several anabolic processes, and is most well-known for lowering the level of blood sugar by promoting the uptake and storage of glucose by the liver.Deficiency of, or resistance to insulin, results in either of the two forms of diabetes mellitus, a chronic metabolic disorder whose occurrence has increased among humans, especially in the United States; yet to this day, there is no definite cure for either form of the disease. Type II diabetes in particular must be treated with combinations of several different approaches, including dietary management, weig ht loss programs, and oral or antidiabetic drugs, or possibly surgical procedures such as gastric bypass.This proposal discusses the potential of taurine (2-amino ethanesulfonic acid), which had previously been tested in studies on rats and mice, to raise levels of insulin sensitivity in human subjects with insulin resistance, and raises the possibility that taurine could be used in a supplemental form for the treatment of diabetes mellitus type II patients. Introduction The endocrine hormone insulin was the first protein whose amino acid sequence was completed. For his work on deciphering its structure, Fred Sanger won the 1958 Noble Prize.Its discovery is considered a landmark, proving that proteins have a unique and defined sequence of amino acids, which has since been termed the primary structure. Since then, insulin has been used as a model for many subsequent studies regarding the structure and properties of various proteins. It is the human body’s major anabolic hormon e, promoting reactions that lead to the uptake of glucose and its conversion into storage forms such as glycogen and triglycerides, while simultaneously inhibiting their breakdown for use as fuel. It also promotes the uptake of amino acids and the synthesis of proteins, promoting growth.Insulin was also the first protein to be synthesized using recombinant DNA in bacteria, and this technique has made possible the large scale production of supplemental insulin for use in one of the most serious metabolic diseases prevalent among humans, diabetes mellitus. The rising incidence of this disease, particularly in the United States, has drawn further interest into researching the intricacies of insulin and its role in regulating numerous anabolic body functions, as well as the various ways in which insulin’s functions can be regulated.Type II diabetes, the most common form of the disease, has no cure, and research is proceeding to look into several ways to increase sensitivity to in sulin in insulin-resistant individuals suffering from this form of diabetes. In particular, taurine, a derivative of the amino acid cysteine, has shown a promising ability to potentially lower obesity and insulin resistance in rats and mice, although so far there have been few test studies on humans. Compared to other, more complex proteins, insulin is relatively small.It has a compact and monomeric structure (although it is capable of forming dimers or hexamers under certain conditions), with a molecular weight of roughly 6 kDa. The structure of active insulin is made up of two linked chains, labeled A and B, connected by two disulfide bonds, with a third disulfide bond linking the A chain back onto itself. This is a structure typical of the insulin family or group of proteins, which includes other peptide hormones such as relaxin, mammalian Leydig cell-specific insulin-like peptide, early placenta insulin-like peptide, and insulin-like growth factors I and II in humans.Evolutionar ily related hormones belonging to this family have also been found in some insects and molluscs, and the nematode Caenorhabditis elegans. The hormone’s amino acid sequence (specifically, the sequence of the A and B chains) is conserved to such a degree that in most mammals, insulin extracted from another species remains biologically active. For instance, insulin from pigs and even bacteria, has been used to treat human patients suffering from diabetes mellitus.

Ultrasonic Speed Measurement

â€Å"ULTRA SONIC SPEED MEASUREMENT DEVICE† A PROJECT REPORT Submitted in partial fulfillment Of requirements for award of the degree Of BACHELOR OF TECHNOLOGY In ELECTRONICS & COMMUNICATION ENGINEERING By: Nimisha Sharma Nishant Tyagi Gaurav Sharma [pic] Department of Electronics & communication engineering Radha Govind Engineering College Meerut, U. P 2009-2010 ULTRA SONIC SPEED MEASUREMENT DEVICE By: Nimisha sharma Nishant tyagi Gaurav sharma [pic] Department of Electronics & communication engineering Radha govind Engineering College Meerut, U. P 2009-2010 ACKNOWLEDGEMENT Before we get in to thick of things we would like to add a few heartfelt words for the people who were the part of the project in numerous ways. People who gave unending support right from the stage the idea were conceived. In particular, we wish to thank Mr. P. K Singh Head of the Department, Electronics & Communication and Mr. Abhishek Singh lecturer, Electronics & Communication Department for providing this opportunity to us. After doing this project we can confidently say that this experience would not only enriched us with technical knowledge but also has unparsed the maturity of thought and vision . he attributes required being a successful professional. Gaurav Sharma Nimisha Sharma Nishant Tyagi CANDIDATE’S DECLARATION We, here by certify that the work which is being presented in the project report entitled Ultra sonic speed measurement device in partial fulfillment of the requirement for the award of degree of BACHELOR OF TECHNOLOGY in Electronics & Communication Engin eering submitted in the department of Electronics & Communication Engineering of the Institute, is an authentic record of our own work carried out during final year of B. tech degree under the supervision of Mr. P. K Singh Head of the Department, Electronics & Communication and Mr. Abhishek Singh lecturer, Department Electronics & Communication Project group:- Gaurav Sharma (0606931023) Nimisha Sharma (0606931045) Nishant Tyagi (0606931047) This is to certify that the above statement made by the above candidates is correct to the best of my knowledge. Mr. P. K Singh Mr. Abhishek Singh (H. O. D) (Lecturer) Dept. of Electronics & Comm. Dept. of Electronics & Comm. R. G. E. C R. G. E. C Meerut, U. P Meerut, U. P Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Date†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Place†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Place†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ TABLE OF CONTENTS 1. INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ a. MEANING OF THE WORD PROJECT†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ . ABSTRACT †¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ c. PARTS OF SPEED MEASUREMENT DEVICE†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢ € ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2. GENERAL DISCRIPTION AND FEATURES OF MICRO CONTROLLER †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3. HARDWARE DISCRIPTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ a. VOLTAGE REGULATOR LM 7805†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. b. COMPONENTS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4. PCB LAYOUT †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ a. STEPS FOR MAKING PCB †¦Ã¢â‚¬ ¦Ã¢â‚ ¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¦ b. CIRCUIT LAY OUT †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5. SOFTWARE PROGRAM †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 6. TESTING†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 7. TROUBLESHOOTING †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 8. CONCLUSION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9. REFERENCES†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 10. APPENDIX†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. INTRODUCTION MEANING OF PROJECT The project gives the significance of the following field of engineering – P-signifies the phenomenon of planning which deals with symbolic nation and proper arrangement of sense and suggestion receptivity accordingly to the needs R-it is associate with the word resources wh ich guides to promote planning . OJ-this letter signifies the overhead expenses in unestimated expenses that may occur in the manufacture design or layout of the project. E- signifies the word engineering. C- signifies the convey about phenomenon of construction low cost. T-the word T stands for technique. unless there is a technique; it is impossible to complete the project . The conclusion thus arrived is that project is a systematic consideration discussed and proposal in a particular subject . we can say that project includes complete requirement of mechanism , tools , application and needs. It considers the circuit diagram and various operational performances in sequence and data about the instrument and in the last we can say about the project profit loss. CERTIFICATE This is to certify that Mr. GAURAV SHARMA, student of B. Tech (Electronics & communication Engineering) Final year from Radha Govind Engineering College has successfully completed his project â€Å"ULTRA SPEED MEASUREMENT DEVICE†. During the project period he was working under the guidance of Mr. Abhishek Singh (lecturer, Electronics & Communication Engineering Department). His performance during the project has been Excellent. We wish him all the best for his future. Mr. P. K Singh Mr. Abhishek Singh (H. O. D) (Lecturer) Electronics & Comm. Dept. Electronics & Comm. Dept. R. G. E. C R. G. E. C Meerut, (U. P) Meerut, (U. P) CERTIFICATE This is to certify that Ms. NIMISHA SHARMA, student of B. Tech (Electronics & communication Engineering) Final year from Radha Govind Engineering College has successfully completed her project â€Å"ULTRA SPEED MEASUREMENT DEVICE†. During the project period she was working under the guidance of Mr. Abhishek Singh (lecturer, Electronics & Communication Engineering Department). Her performance during the project has been Excellent. We wish her all the best for her future. Mr. P. K Singh Mr. Abhishek Singh (H. O. D) (Lecturer) Electronics & Comm. Dept. Electronics & Comm. Dept. R. G. E. C R. G. E. C Meerut, (U. P) Meerut, (U. P) CERTIFICATE This is to certify that Mr. NISHANT TYAGI, student of B. Tech (Electronics & communication Engineering) Final year from Radha Govind Engineering College has successfully completed his project â€Å"ULTRA SPEED MEASUREMENT DEVICE†. During the project period he was working under the guidance of Mr. Abhishek Singh (lecturer, Electronics & Communication Engineering Department). His performance during the project has been Excellent. We wish him all the best for his future. Mr. P. K Singh Mr. Abhishek Singh (H. O. D) (Lecturer) Electronics & Comm. Dept. Electronics & Comm. Dept. R. G. E. C R. G. E. C Meerut, (U. P) Meerut, (U. P) CHAPTER 1 ABOUT OUR PROJECT Our project the ultrasonic speed measurement device is used to measure speed of a vehicle moving in front of it using ultrasonic waves. The concept of using ultrasonic waves instead of any other communicating tools as infrared and RF is its high preciseness and very less interference by the surrounding. There can various methods that can be opted to design this instrument such as Doppler Effect etc. but we have used the concept of distance measurement at a regular interval. The pulse is being transmitted at a regular interval and the corresponding distance is measured of the two pulses. The difference in the distances is observed and is then divided by the time duration between the two pulses. As result the corresponding speed is obtained. The range of this device is directly dependent on the performance of the transmitter and the receiver. Higher the transmitting and receiving frequency better will be its range. Mathematical analysis(hypothetical) The duration of pulse is 5 milliseconds. The distance for the signal1 be say 3 cm. The distance for the signal2 be say 2. 95 cm. Difference of distances is (3-2. 95) = . 05 cm. Speed = distance/ time Speed = . 05/5 = 10 meters/sec ADVANTAGE AND DISADVANTAGE The major advantages of our project are One of the major advantages our project is its multi utility. It can be used as 1 Speed measurement 2 Distance measurement 3 Car parking controller The other advantage of this project is its cost. Its cost is less than 1000 INR. The precise result is one more advantage of our project. Limitation of our project. The major disadvantage of our project is its range. Due to the use of low frequency transmitter and receiver. High frequency transmitter and receiver give higher range of upto 10 to 15 mtrs Block diagram [pic] Circuit diagram Working In our project Ultrasonic Speed Measurement Device we are going to measure the speed of a moving vehicle. For this we are using the Ultrasonic Sensors. We first generate a 40 KHz signal by taking the time period of 25 microseconds. Then we actually generate the pulse burst with a delay of 5 milliseconds. For this we programmed the microcontroller. We send the pulse by pressing the switch that is connected to the pin no. 1 of the microcontroller. At this moment the distance of the object from the device is measured and is stored in the microcontroller. Then after the delay of 5 milliseconds the second pulse hits the moving object. Again the distance of the object is measured and is stored in the microcontroller. Then we can easily find out the difference in the distance by simply subtracting these two distances. Now we have the distance and also the time. Therefore by the formula speed = distance / time we can find out the speed of the moving object. In the transmitter part we have LM311which is a voltage comparator and is used here as the precision squarer whose pin no. 2 is connected to the pin no. 2 of the microcontroller. Then at pin no. 7 and pin no. 8 the ultrasonic transmitter is placed. In the receiver part we have LM833 for amplification and 74HC14N as the Hex inverting Schmitt trigger. The pin no. 1 of 74HC14N is connected to the pin no. of LM833. The ultrasonic receiver is connected between pin no. 6 of LM833 and ground. These ultrasonic transmitter and receiver are placed close to each other so that there will be minimum noise. Why ultrasonic signal ? ‘ULTRA'-sonic is a sound wave with a frequency above the normal range of human hearing. Most humans can hear up to 16,000 He rtz. Young people can hear almost to 20,000 Hertz. Bats and mice and other small critters can hear much higher and use those sounds to ‘see' the world around them. An ultrasonic imaging device sends a signal into a medium and then listens for the reflected waves. The more receiving transducers you use to pick up the sound the better you can tell what you are ‘looking' at. Reflected waves will reach one receiver before the next based on where the reflecting object is located. Electronics are fast enough to determine the direction and distance to the reflected objects. Also the higher the frequency you broadcast the better resolution you will see. A computer is interfaced with an array of receiving tranceducers and it calculates the direction and distance that the many echos must represent and then it plots the picture of the results. The Image can be displayed or printed. In ultrasonic non destructive testing, high-frequency sound vibrations are transmitted into material by an ultrasonic transducer. The test instrument then analyzes the ultrasonic signals which are received using either a pulse-echo or through-transmission method. In the pulse-echo mode, the transmitting transducer also serves as the ultrasonic receiver and analyzes the reflected signal with respect to amplitude and time. In the through-transmission mode, the ultrasonic signal is received by a separate transducer which analyzes the amplitude loss of signal. These ultrasonic NDT methods will indicate material defects such as longitudinal and transverse cracks, inclusions and others as well as ID/OD dimensions and dimensional changes such as thickness and ovality. Components Component required 1. Ultrasonic Transmitter and Receiver 2. Resistor 3. Capacitor 4. Crystal 5. Preset 6. Switch 7. LCD 8. Power Supply 9. IC’s †¢ LM833 †¢ LM311 †¢ 74HC14N †¢ 7805 10. Micro controller †¢ AT89S52 11. Wires 12. Burst Strip 13. IC Base Specification ULTRASONIC SENSORS [pic] Selection and use of ultrasonic ceramic transducers : The purpose of this application note is to aid the user in the selection and application of the Ultrasonic ceramic transducers. The general transducer design features a piezo ceramic disc bender that is resonant at a nominal frequency of 20 – 60 KHz and radiates or receives ultrasonic energy. They are distinguished from the piezo ceramic audio transducer in that they produce sound waves above 20 KHz that are inaudible to humans and the ultrasonic energy is radiated or received in a relatively narrow beam. The â€Å"open† type ultrasonic transducer design exposes the piezo bender bonded with a metal conical cone behind a protective screen. The â€Å"enclosed† type transducer design has the piezo bender mounted directly on the underside of the top of the case which is then machined to resonant at the desired frequency. The â€Å"PT and EP† type transducer has more internal damper for minimizing â€Å"ringing†, which usually operates as a transceiver – oscillating in a short period and then switching to receiving mode. Comparative characteristics : When compared to the enclosed transducer, the open type receiver will develop more electrical output at a given sound pressure level (high sensitivity) and exhibit less reduction in output as the operating frequency deviates from normal resonant frequency (greater bandwidth). The open type transmitter will produce more output for a specific drive level (more efficient). The enclosed type transducer is designed for very dusty or outdoor applications. The face of the transducer must be kept clean and free of damage to prevent losses. The transmitter is designed to have low impedance at the resonant frequency to obtain high mechanical efficiency. The receiver is constructed to maximize the impedance at the specified anti-resonant frequency to provide high electrical efficiency. Sound propagation : In order to properly select a transducer for a given application, it is important to be aware of the principles of sound propagation. Since sound is a wave phenomenon, its propagation and directivity are related to its wavelength (? ). A typical radiation power pattern for either a generator or receiver of waves is shown in Figure 1. Due to the reciprocity of transmission and reception, the graph portrays both power radiated along a given direction (in case of wave production), and the sensitivity along a given direction (in case of wave reception). As an example of a typical situation, a transducer of 400ET250 has an effective diameter of 23 mm (1mm wall thickness) will produce a main beam (-6dB) with full width of 30 ° at a frequency of 40 KHz. For open type transducers, the beam is decided by the angular and diameter of conical cone attached on the bender inside of housing and the opening diameter so it can not be simply calculated by the diameter of the housing. The intensity of sound waves decrease with the distance from the sound source, as might be expected for any wave phenomenon. This decrease is principal a combination of two effects. The first is the inverse square law or spherical divergence in which the intensity drop 6dB per distance doubled. This rate is common to all wave phenomena regardless of frequency. The second effect causing the intensity to decrease is the absorption of the wave by the air (see figure 2). Absorption effects vary with humidity and dust content of the air and most importantly, they vary with frequency of the wave. Absorption at 20 KHz is about 0. 02dB/30 cm. It is clear that lower frequencies are better suited for long range propagation. Of course, the selection of a lower frequency will result in less directivity (for a given diameter of source of receiver). [pic] How far the transducer could reach? One of the most frequently asked questions is â€Å"How far the transducer could reach? †. This question can be answered by a simple calculation that is based on the published specifications in the Ultrasonic Ceramic Transducer Data Sheets. The basic procedure is to first determine the minimum sound pressure level developed at the front end of the receiver for a specific transmitter driving voltage and distance between the transmitter and receiver (transceiver has double distance between reflect target). This SPL must then be converted â€Å"Pa† (Pascal) or â€Å"? bar† (microbar) units. The sensitivity of the receiver must then be converted from a dB reference to an absolute mV/Pa or ? bar level resent to obtain the final output. Assume a 400ST160 transmitter is driven at a level of 20Vrms and a 400SR160 receiver is located 5 meters from the ransmitter and loaded with a 3. K Ohm resistor (loaded resistor value varies receiver sensitivity, please see â€Å"Acoustic Performance† of transducer data sheet). The analysis is necessary to the fundamental understanding of the principals of sound wave propagation and detection but it is tedious. The figure 10 below is a graphical representation of previous analysis which may be used once in the SPL at the receiver is determined. Enter the graph from the SPL axis and proceed upward to an intersection with –dB sensitivity level of the receiver using the 1V/? bar referenced data. Follow a horizontal line to the â€Å"Y† axis to obtain the receiver output in V. At Receiver Ultrasonic echo ranging : Ultrasonic ranging systems are used to determine the distance to an object by measuring the time required for an ultrasonic wave to travel to the object and return to the source. This technique is frequently referred to as â€Å"echo ranging†. The distance to the object may be related to the time it will take for an ultrasonic pulse to propagate the distance to the object and return to the source by dividing the total distance by the speed of sound which is 344 meters/second or 13. 54 inches/millisecond. IC’s [pic] BASIC OF LM833 Low noise dual operational amplifier It is a monolithic dual operational amplifier particularly well suited for audio applications. It Offers low voltage noise (4. 5nV/vHz) and high frequency performances (15MHz Gain Bandwidth Product, 7V/? s slew rate). In addition the LM833 has also a very low distortion (0. 002%) and excellent phase/gain margins. [pic] TOP VIEW AND PIN SET [pic] Features of LM833 †¢ LOW VOLTAGE NOISE: 4. 5nV/vHz †¢ HIGH GAIN BANDWIDTH PRODUCT: †¢ 15MHz †¢ HIGH SLEW RATE: 7V/? s †¢ LOW DISTORTION: 0. 002% †¢ EXCELLENT FREQUENCY STABILITY †¢ ESD PROTECTION 2kV Basic of LM311 The LM111 series are voltage comparators that have input currents approximately a hundred times lower than devices like the mA710. They are designed to operate over a wider range of supply voltages; from standard  ±15 V op amp supplies down to a single 3 V supply. Their output is compatible with RTL, DTL, and TTL as well as MOS circuits. Further, they can drive lamps or relays, switching voltages up to 50 V at currents as high as 50mA. Both the inputs and the outputs of the LM111 series can be isolated from system ground, and the output can drive loads referred to ground, the positive supply, or the negative supply. Offset balancing and strobe capability are provided and outputs can be wire-ORed. Although slower than the mA710 (200 ns response time versus 40 ns), the devices are also much less prone to spurious oscillations. [pic] TOP VIEW AND PIN SET [pic] features FEATURES †¢ Operates from single 3 V supply (LM311B) †¢ Maximum input bias current: 150 nA (LM311: 250 nA) †¢ Maximum offset current: 20 nA (LM311: 50 nA) †¢ Differential input voltage range:  ±30 V †¢ Power consumption: 135 mW at  ±15 V †¢ High sensitivity: 200 V/mV †¢ Zero crossing detector 7805 The 7805 series of three-terminal positive regulator are available in the TO-220/D-PAK package and with several fixed output voltages, making them useful in a wide range of applications. Each type employs internal current limiting, thermal shut down and safe operating area protection, making it essentially indestructible. If adequate heat sinking is provided, they can deliver over 1A output current. Although designed primarily as fixed voltage regulators, these devices can be used with external components to obtain adjustable voltages and currents. [pic] 1 2 3 [pic] Internal diagram [pic] Features †¢ Output Current up to 1A Output Voltages of 5, 6, 8, 9, 10, 12, 15, 18, 24V †¢ Thermal Overload Protection †¢ Short Circuit Protection †¢ Output Transistor Safe Operating Area Protection 74HC14N HEX SCHMITT TRIGGER INVERTER Basic of 7414 Each circuit functions as an inverter, but because of the Schmitt action, it has different input threshold levels for positive (VT+) and for negative going(Vt-) signals. These circuit are temperature compensated and can be triggered from the slowest Micro controller AT89S52 Basic of AT89S52 The AT89S52 is a low-power, high-performance CMOS 8-bit microcontroller with 8K bytes of in-system programmable Flash memory. The device is manufactured using Atmel’s high-density nonvolatile memory technology and is compatible with the industry- standard 80C51 instruction set and pinout. The on-chip Flash allows the program memory to be reprogrammed in-system or by a conventional nonvolatile memory programmer. By combining a versatile 8-bit CPU with in-system programmable Flash on a monolithic chip, the Atmel AT89S52 is a powerful microcontroller which provides a highly-flexible and cost-effective solution to many embedded control applications. The AT89S52 provides the following standard features: 8K bytes of Flash, 256 bytes of RAM, 32 I/O lines, Watchdog timer, two data pointers, three 16-bit timer/counters, a six-vector two-level interrupt architecture, a full duplex serial port, on-chip oscillator, and clock circuitry. In addition, the AT89S52 is designed with static logic for operation down to zero frequency and supports two software selectable power saving modes. The Idle Mode stops the CPU while allowing the RAM, timer/counters, serial port, and interrupt system to continue functioning. The Power-down mode saves the RAM contents but freezes the oscillator, disabling all other chip functions until the next interrupt or hardware reset. [pic] Features of AT89S52 †¢ Compatible with MCS-51 ® Products †¢ 8K Bytes of In-System Programmable (ISP) Flash Memory – Endurance: 1000 Write/Erase Cycles †¢ 4. 0V to 5. 5V Operating Range †¢ Fully Static Operation: 0 Hz to 33 MHz †¢ Three-level Program Memory Lock †¢ 256 x 8-bit Internal RAM †¢ 32 Programmable I/O Lines †¢ Three 16-bit Timer/Counters †¢ Eight Interrupt Sources †¢ Full Duplex UART Serial Channel †¢ Low-power Idle and Power-down Modes †¢ Interrupt Recovery from Power-down Mode Watchdog Timer †¢ Dual Data Pointer †¢ Power-off Flag †¢ Fast Programming Time †¢ Flexible ISP Programming (Byte and Page Mode) Coding ; line 1 ; #include CLINE0 ; end of line 0 ; line 1 ; /* CLINE1 ; end of line 1 ; line 2 ; SFR31. H CLINE2 ; end of line 2 ; line 3 ; Copyright 1995 SPJ Systems, Pune CLINE3 ; end of line 3 ; line 4 ; CLINE4 ; end of line 4 ; line 5 ; This header file contains SFR declarations for the CPU 8031 CLINE5 ; end of line 5 ; line 6 ; Please note that you will have to include SFR31. H in your program, if you CLINE6 ; end of line 6 ; line 7 ; wish to access the SFRs from your C program. CLINE7 ; end of line 7 line 8 ; */ CLINE8 ; end of line 8 ; line 9 ; CLINE9 ; end of line 9 ; line 10 ; SFRACC0xe0 CLINE10 ACCequ0e0h ; end of line 10 ; line 11 ; SFRREG_B0xf0 CLINE11 REG_Bequ0f0h ; end of line 11 ; line 12 ; SFRPSW0xd0 CLINE12 PSWequ0d0h ; end of line 12 ; line 13 ; SFRSP0x81 CLINE13 SPequ081h ; end of line 13 ; line 14 ; SFRDPL0x82 CLINE14 DPLequ082h ; end of line 14 ; line 15 ; SFRDPH0x83 CLINE15 DPHequ083h ; end of line 15 ; line 16 ; SFRP00x80 CLINE16 P0equ080h ; end of line 16 ; line 17 ; SFRP10x90 CLINE17 P1equ090h ; end of line 17 ; line 18 ; SFRP20xa0 CLINE18 P2equ0a0h ; end of line 18 ; line 19 ; SFRP30x b0 CLINE19 P3equ0b0h end of line 19 ; line 20 ; SFRIP0xb8 CLINE20 IPequ0b8h ; end of line 20 ; line 21 ; SFRIE0xa8 CLINE21 IEequ0a8h ; end of line 21 ; line 22 ; SFRTMOD0x89 CLINE22 TMODequ089h ; end of line 22 ; line 23 ; SFRTCON0x88 CLINE23 TCONequ088h ; end of line 23 ; line 24 ; SFRTH00x8c CLINE24 TH0equ08ch ; end of line 24 ; line 25 ; SFRTL00x8a CLINE25 TL0equ08ah ; end of line 25 ; line 26 ; SFRTH10x8d CLINE26 TH1equ08dh ; end of line 26 ; line 27 ; SFRTL10x8b CLINE27 TL1equ08bh ; end of line 27 ; line 28 ; SFRSCON0x98 CLINE28 SCONequ098h ; end of line 28 ; line 29 ; SFRSBUF0x99 CLINE29 SBUFequ099h ; end of line 29 ; line 30 ; SFRPCON0x87 CLINE30 PCONequ087h ; end of line 30 ; line 31 ; CLINE31 ; end of line 31 ; line 2 CLINE0 ; end of line 0 ; line 1 ; /*float. h CLINE1 ; end of line 1 ; line 2 ; CLINE2 ; end of line 2 ; line 3 ; Copyright (c) SPJ Systems 1998 CLINE3 ; end of line 3 ; line 4 ; All Rights Reserved. CLINE4 ; end of line 4 ; line 5 ; */ CLINE5 ; end of line 5 ; line 6 ; CLINE6 ; end of line 6 ; line 7 ; #define FLT_RADIX2 CLINE7 ; end of line 7 ; line 8 ; #define FLT_DIG6 CLINE8 ; end of line 8 ; line 9 ; CLINE9 ; end of line 9 ; line 10 ; #define FLT_MANT_DIG24 CLINE10 ; end of line 10 ; line 11 ; #define FLT_MAX_EXP+128 CLINE11 ; end of line 11 ; line 12 #define FLT_MIN_EXP-125 CLINE12 ; end of line 12 ; line 13 ; CLINE13 ; end of line 13 ; line 3 CLINE0 ; end of line 0 ; line 1 ; #definestart_timer0()asmsetbtcon. 4 CLINE1 ; end of line 1 ; line 2 ; #definestop_timer0()asmclrtcon. 4 CLINE2 ; end of line 2 ; line 3 ; #definestart_timer1()asmsetbtcon. 6 CLINE3 ; end of line 3 ; line 4 ; #definestop_timer1()asmc lrtcon. 6 CLINE4 ; end of line 4 ; line 5 ; #defineex0_edge()asmsetbtcon. 0 CLINE5 ; end of line 5 ; line 6 ; #defineex0_level()asmclrtcon. 0 CLINE6 ; end of line 6 ; line 7 ; #defineex1_edge()asmsetbtcon. 2 CLINE7 ; end of line 7 ; line 8 ; #defineex1_level()asmclrtcon. 2 CLINE8 ; end of line 8 ; line 9 ; #defineenable_rx()asmsetbscon. 4 CLINE9 ; end of line 9 ; line 10 ; #definedisable_rx()asmclrscon. 4 CLINE10 ; end of line 10 ; line 11 ; #defineclr_ti()asmclrscon. 1 CLINE11 ; end of line 11 ; line 12 ; #defineclr_ri()asmclrscon. 0 CLINE12 ; end of line 12 ; line 13 ; #defineenable_ex0()asmorlie,#81h CLINE13 ; end of line 13 ; line 14 ; #defineenable_t0()asmorlie,#82h CLINE14 ; end of line 14 ; line 15 ; #defineenable_ex1()asmorlie,#84h CLINE15 ; end of line 15 ; line 16 ; #defineenable_t1()asmorlie,#88h CLINE16 ; end of line 16 ; line 17 ; #defineenable_ser()asmorlie,#90h CLINE17 ; end of line 17 line 18 ; #defineenable_t2()asmorlie,#0a0h CLINE18 ; end of line 18 ; line 19 ; #defineenable_all()asmmovie,#0bfh CLINE19 ; end of line 19 ; line 20 ; #defineenable()asmsetbie. 7 ; sets only the MSB CLINE20 ; end of line 20 ; line 21 ; #definedisable_ex0()asmanlie,#0feh CLINE21 ; end of line 21 ; line 22 ; #definedisable_t0()asmanlie,#0fdh CLINE22 ; end of line 22 ; line 23 ; #definedisable_ex1()asmanlie,#0fbh CLINE23 ; end of line 23 ; line 24 ; #definedisable_t1()asmanlie,#0f7h CLINE24 ; end of line 24 ; line 25 ; #definedisable_ser()asmanlie,#0efh CLINE25 ; end of line 25 ; line 26 ; #definedisable_t2()asmanlie,#0dfh CLINE26 end of line 26 ; line 27 ; #definedisable_all()asmmovie,#0 CLINE27 ; end of line 27 ; line 28 ; #definedisable()asmclrie. 7 ; clears only the MSB CLINE28 ; end of line 28 ; line 29 ; #defineset_hi_ex0()asmorlip,#1h CLINE29 ; end of line 29 ; line 30 ; #defineset_hi_t0()asmorlip,#2h CLINE30 ; end of line 30 ; line 31 ; #defineset_hi_ex1()asmorlip,#4h CLINE31 ; end of line 31 ; line 32 ; #defineset_hi_t1()asmorlip,#8h CLINE32 ; end of line 32 ; line 33 ; #defineset_hi_ser()asmorlip,#10h CLINE33 ; end of line 33 ; line 34 ; #defineset_hi_t2()asmorlip,#20h CLINE34 ; end of line 34 ; line 35 ; #defineset_lo_ex0()asmanlip,#0feh CLINE35 ; end of line 35 ; line 36 ; #defineset_lo_t0()asmanlip,#0fdh CLINE36 ; end of line 36 ; line 37 ; #defineset_lo_ex1()asmanlip,#0fbh CLINE37 ; end of line 37 ; line 38 ; #defineset_lo_t1()asmanlip,#0f7h CLINE38 ; end of line 38 ; line 39 ; #defineset_lo_ser()asmanlip,#0efh CLINE39 ; end of line 39 ; line 40 ; #defineset_lo_t2()asmanlip,#0dfh CLINE40 ; end of line 40 ; line 41 ; #defineset_double_baud()asmorlpcon,#80h CLINE41 ; end of line 41 ; line 42 ; #defineclr_double_baud()asmanlpcon,#7fh CLINE42 ; end of line 42 ; line 43 ; #definepowerdown()asmorlpcon,#2 CLINE43 ; end of line 43 ; line 44 ; #definego_idle()asmorlpcon,#1 CLINE44 ; end of line 44 ; line 45 ; #defineset_t0_mode(gate,c_t,mode)asmorltmod,#((gate * 8) + (c_t * 4) + mode) CLINE45 ; end of line 45 ; line 46 ; #defineset_t1_mode(gate,c_t,mode)asmorltmod,#(((gate * 8) + (c_t * 4) + mode) * 16) CLINE46 ; end of line 46 ; line 47 ; #defineset_com_mode(mode,sm2,ren)asmmovscon,#((mode * 64) + (sm2 * 32) + (ren * 16)) CLINE47 ; end of line 47 ; line 48 ; CLINE48 ; end of line 48 line 4 CLINE0 ; end of line 0 ; line 1 CLINE1 ; end of line 1 ; line 2 ; CLINE2 ; end of line 2 ; line 3 ; Copyright (c) SPJ Systems 1998 CLINE3 ; end of line 3 ; line 4 ; All Rights Reserved. CLINE4 ; end of line 4 line 5 ; */ CLINE5 ; end of line 5 ; line 6 ; CLINE6 ; end of line 6 ; line 7 ; unsigned char inportb (unsigned int portid) ; CLINE7 ; end of line 7 ; line 8 ; void outportb (unsigned int portid, unsigned int value) ; CLINE8 ; end of line 8 ; line 9 ; unsigned char peekb (unsigned int addr) ; CLINE9 ; end of line 9 ; line 10 ; void pokeb (unsigned int addr, uns igned int value) ; CLINE10 ; end of line 10 ; line 11 ; void set_tcnt (int tnum, unsigned int count) ; CLINE11 ; end of line 11 ; line 12 ; void delay (int count) ; CLINE12 ; end of line 12 ; line 13 ; void delay_ms (int count) ; CLINE13 ; end of line 13 ; line 14 unsigned char lo_nibb (unsigned char ch) ; CLINE14 ; end of line 14 ; line 15 ; unsigned char hi_nibb (unsigned char ch) ; CLINE15 ; end of line 15 ; line 16 ; int getbyte () ; CLINE16 ; end of line 16 ; line 17 ; void sendbyte (unsigned char ch) ; CLINE17 ; end of line 17 ; line 18 ; int ser_rdy () ; CLINE18 ; end of line 18 ; line 19 ; void init_ser () ; CLINE19 ; end of line 19 ; line 20 ; CLINE20 ; end of line 20 ; line 21 ; #defineINT_EXT01 CLINE21 ; end of line 21 ; line 22 ; #defineINT_TMR02 CLINE22 ; end of line 22 ; line 23 ; #defineINT_EXT13 CLINE23 ; end of line 23 ; line 24 ; #defineINT_TMR14 CLINE24 ; end of line 24 line 25 ; #defineINT_SER5 CLINE25 ; end of line 25 ; line 26 ; #defineINT_TMR26 CLINE26 ; end o f line 26 ; line 27 ; CLINE27 ; end of line 27 ; line 5 CLINE0 ; end of line 0 ; line 1 ; /*math. h CLINE1 ; end of line 1 ; line 2 ; CLINE2 ; end of line 2 ; line 3 ; Copyright (c) SPJ Systems 1998 CLINE3 ; end of line 3 ; line 4 ; All Rights Reserved. CLINE4 ; end of line 4 ; line 5 ; */ CLINE5 ; end of line 5 ; line 6 ; CLINE6 ; end of line 6 ; line 7 ; #definepye3. 14285714285714 CLINE7 ; end of line 7 ; line 8 ; #definepyex26. 28571428571429 CLINE8 ; end of line 8 ; line 9 ; #definepye_2 1. 57142857142857 CLINE9 ; end of line 9 line 10 ; #definepyex3_2 4. 71428571428571 CLINE10 ; end of line 10 ; line 11 ; #defineLOG20. 30102999566 CLINE11 ; end of line 11 ; line 12 ; #defineNLOG20. 69314718056 CLINE12 ; end of line 12 ; line 13 ; #defineCONST_M0. 43429 CLINE13 ; end of line 13 ; line 14 ; CLINE14 ; end of line 14 ; line 15 ; float sin (float x) ; CLINE15 ; end of line 15 ; line 16 ; float cos (float x) ; CLINE16 ; end of line 16 ; line 17 ; float tan (float x) ; CLINE17 ; end of line 17 ; line 18 ; float asin(float x) ; CLINE18 ; end of line 18 ; line 19 ; float acos (float x) ; CLINE19 ; end of line 19 ; line 20 ; float sinh (float x) ; CLINE20 ; end of line 20 ; line 21 ; float cosh (float x) ; CLINE21 ; end of line 21 ; line 22 ; float tanh (float x) ; CLINE22 ; end of line 22 ; line 23 ; float exp (float x_flval); CLINE23 ; end of line 23 ; line 24 ; float log (float value) ; CLINE24 ; end of line 24 ; line 25 ; float log10 (float value) ; CLINE25 ; end of line 25 ; line 26 ; float pow (float x, float y) ; CLINE26 ; end of line 26 ; line 27 ; float sqrt (float x) ; CLINE27 ; end of line 27 ; line 28 ; float ceil (float x) ; CLINE28 ; end of line 28 ; line 29 ; float floor (float x) ; CLINE29 ; end of line 29 ; line 30 ; float fabs (float x) ; CLINE30 end of line 30 ; line 31 ; float ldexp (float number, int power) ; CLINE31 ; end of line 31 ; line 32 ; float frexp (float number, int *power) ; CLINE32 ; end of line 32 ; line 33 ; float modf (float x, float *ipart) ; CLINE33 ; end of line 33 ; line 34 ; float fmod (float n1, float n2) ; CLINE34 ; end of line 34 ; line 35 ; CLINE35 ; end of line 35 ; line 6 CLINE0 ; end of line 0 ; line 1 ; /*stdlib. h CLINE1 ; end of line 1 ; line 2 ; CLINE2 ; end of line 2 ; line 3 ; Copyright (c) SPJ Systems 1998 CLINE3 ; end of line 3 ; line 4 ; All Rights Reserved. CLINE4 ; end of line 4 ; line 5 ; */ CLINE5 ; end of line 5 line 6 ; CLINE6 ; end of line 6 ; line 7 ; float atof (char *s) ; CLINE7 ; end of line 7 ; line 8 ; int atoi (char *s) ; CLINE8 ; end of line 8 ; line 9 ; long int atol (char *s) ; CLINE9 ; end of line 9 ; line 10 ; int abs (int n) ; CLINE10 ; end of line 10 ; line 11 ; long int labs (long int n) ; CLINE11 ; end of line 11 ; line 12 ; CLINE12 ; end of line 12 ; line 13 ; void int2bcd (int value, char *dest, int ndigits) ; CLINE13 ; end of line 13 ; line 14 ; void itoa_c31 (int value, char *dest, int ndigits) ; CLINE14 ; end of line 14 ; line 15 ; void ui2a_c31 (unsigned int value, char *dest, int ndigits) ; CLINE15 end of line 15 ; line 16 ; void ui2bcd (unsigned int value, char *dest, int ndigits) ; CLINE16 ; end of line 16 ; line 17 ; CLINE17 ; end of line 17 ; line 18 ; void long2bcd (long int val, char *dest, int cnt) ; CLINE18 ; end of line 18 ; line 19 ; void ltoa_c31 (long int val, char *dest, int cnt) ; CLINE19 ; end of line 19 ; line 20 ; CLINE20 ; end of line 20 ; line 7 ; #include CLINE0 ; end of line 0 ; line 1 ; /*etc. h CLINE1 ; end of line 1 ; line 2 ; CLINE2 ; end of line 2 ; line 3 ; Copyright (c) SPJ Systems 1998 CLINE3 ; end of line 3 ; line 4 ; All Rights Reserved. CLINE4 ; end of line 4 ; line 5 ; */ CLINE5 end of line 5 ; line 6 ; CLINE6 ; end of line 6 ; line 7 ; int bcd2int (char *str, int ndigits) ; CLINE7 ; end of line 7 ; line 8 ; void flot2str (float value, char *dest) ; CLINE8 ; end of line 8 ; line 9 ; CLINE9 ; end of line 9 ; line 8 ; #include CLINE0 ; end of line 0 ; line 1 ; /*string. h CLINE1 ; end of line 1 ; line 2 ; CLINE2 ; end of line 2 ; line 3 ; Copyright (c) SPJ Systems 1998 CLINE3 ; end of line 3 ; line 4 ; All Rights Reserved. CLINE4 ; end of line 4 ; line 5 ; */ CLINE5 ; end of line 5 ; line 6 ; CLINE6 ; end of line 6 ; line 7 ; char * strcpy (char *dest, char *src) ; CLINE7 ; end of line 7 ; line 8 char * strncpy (char *dest, char *src, int maxlen) ; CLINE8 ; end of line 8 ; line 9 ; char * strcat (char *dest, char *src) ; CLINE9 ; end of line 9 ; line 10 ; int strcmp (char *s1, char *s2) ; CLINE10 ; end of line 10 ; line 11 ; unsigned int strlen (char *src) ; CLINE11 ; end of line 11 ; line 12 ; char * strlwr (char *s) ; CLINE12 ; end of line 12 ; line 13 ; char * strupr (char *s) ; CLINE13 ; end of line 13 ; line 14 ; CLINE14 ; end of line 14 ; line 15 ; void * memset (void *s, int c, int n) ; CLINE15 ; end of line 15 ; line 16 ; CLINE16 ; end of line 16 ; line 9 ; CLINE9 ; end of line 9 ; line 10 ; CLINE10 end of line 10 ; line 11 CLINE11 ; end of line 11 ; line 12 CLINE12 ; end of line 12 ; line 13 CLINE13 ; end of line 13 ; line 14 CLINE14 ; end of line 14 ; line 15 ; CLINE15 ; end of line 15 ; line 16 CLINE16 ; end of line 16 ; line 17 CLI NE17 ; end of line 17 ; line 18 ; float f1,f2,s1,s2; CLINE18 ; end of line 18 ; line 19 ; CLINE19 ; end of line 19 ; line 20 ; /*************************************************** CLINE20 ; end of line 20 ; line 21 ; * Prototype(s) * CLINE21 ; end of line 21 ; line 22 ; ***************************************************/ CLINE22 ; end of line 22 line 23 ; CLINE23 ; end of line 23 ; line 24 CLINE24 ; end of line 24 ; line 25 CLINE25 ; end of line 25 ; line 26 CLINE26 ; end of line 26 ; line 27 CLINE27 ; end of line 27 ; line 28 CLINE28 ; end of line 28 ; line 29 ; void LCD_init(); CLINE29 ; end of line 29 ; line 30 ; CLINE30 ; end of line 30 ; line 31 ; /*************************************************** CLINE31 ; end of line 31 ; line 32 ; * Sources * CLINE32 ; end of line 32 ; line 33 ; ***************************************************/ CLINE33 ; end of line 33 ; line 34 CLINE34 ; line 35 ; { CLINE35 _LCD_delay: end of line 35 ; line 36 ; unsigned char n; CLINE36 ; end of line 36 ; line 37 ; unsigned char i; CLINE37 ; end of line 37 ; line 38 CLINE38 pushbp movbp,sp incsp incsp for0: movr1,bp incr1 incr1 [email  protected],#0 for_in0: mova,bp adda,#0fdh movr1,a movmyacc,@r1 movr0,#myacc movr1,bp incr1 incr1 mova,@r1 clrc subba,@r0 clra movacc. 0,c [email  protected],a mova,myacc jnzfor_ok0 ljmpfor_out0 for_ok0: ; line 39 ; { CLINE39 ; line 40 CLINE40 for1: movr1,bp incr1 [email  protected],#0 for_in1: movr1,bp incr1 movr0,#myacc mova,@r1 clrc subba,#100 clra movacc. 0,c [email  protected],a mova,myacc jnzfor_ok1 ljmpfor_out1 for_ok1: ; line 41 ; { CLINE41 ; line 42 asm nop CLINE42 nop ; line 43 ; } CLINE43 for_inc1: movr1,bp incr1 [email  protected] ljmpfor_in1 for_out1: ; line 44 ; } CLINE44 for_inc0: movr1,bp incr1 incr1 [email  protected] ljmpfor_in0 for_out0: ; end of line 44 ; line 45 ; CLINE45 ; end of line 45 ; line 46 ; } CLINE46 movsp,bp popbp ret ; end of line 46 ; line 47 ; CLINE47 ; end of line 47 ; line 48 ; CLINE48 ; end of line 48 ; line 49CLINE49 ; line 50 ; { CLINE50 _LCD_command: ; end of line 50 ; line 51 CLINE51 pushbp movbp,sp mova,bp adda,#0fdh movr1,a mov160,@r1 ; end of line 51 ; line 52 CLINE52 clr P3. 2 ; end of line 52 ; line 53 CLINE53 clr p3. 1 ; end of line 53 line 54 CLINE54 setb P3. 0 ; end of line 54 ; line 55 CLINE55 clr P3. 0 ; end of line 55 ; line 56 CLINE56 mova,#01h pushacc lcall_LCD_delay decsp ; end of line 56 ; line 57 ; } CLINE57 movsp,bp popbp ret ; end of line 57 ; line 58 ; CLINE58 ; end of line 58 ; line 59 CLINE59 ; line 60 ; { CLINE60 _LCD_putc: ; end of line 60 ; line 61 ; P2 = ascii; CLINE61 pushbp movbp,sp mova,bp adda,#0fdh movr1,a mov160,@r1 ; end of line 61 ; line 62 CLINE62 setb P3. 2 ; end of line 62 ; line 63 ; asm clr p3. 1 CLINE63 clr p3. 1 ; end of line 63 ; line 64 CLINE64 setb P3. 0 ; end of line 64 ; line 65 ; asm clr P3. 0 CLINE65

Dan Pink Surprising Science of Motivation

Dan Pink on the surprising science of motivation This pitch was in my opinion really good. Divided in three parts with a sum up at the end that enforce and give power to what he said. The first part was when he gives facts, states experiences and its results. In the second part give credibility of results fund during the experiences, explain those results and shows that most important economists of the world agree with those results and found the same.The third and last part is about giving example that are currently applied in the world and illustrate perfectly his theory that traditional rewards are not as effective as we think, it is even the opposite. Both ethos, logos and pathos were used and used at the right moment, in the right proportion and the result is that he caught people’s attention and give credibility to his speech.Ethos: His way to tell his speech as if it was a â€Å"lawyerly case† as he said it. And to involve quickly everyone he talks to them as if they were a jury (â€Å"ladies and gentlemen of the jury†) and this until the very end of his speech finished by the sentence â€Å"I rest my case†.At the end of the explanation of the second experience that gave illogical results and to consolidate his results and give his speech more credibility, he affirms that for him too that is illogical and that he is exactly like everyone in the room (â€Å"I am an American (†¦) that is not how it’s supposed to work†) This example and the fact that at the beginning of his presentation he tells everybody that he did not get good results from his law university are really clever from him. Saying that he is getting more trustful to people, imperfect side of him make him more human for others.Logos: He has a very strong logos during the whole presentation. And at the beginning of his speech he said directly that his facts are true, proved. He has a PowerPoint used only for his logos that help the explanation of e xperiences made with the candle, show the important words of his speech. He also used scientist results and conclusions given by the most important economists worldwide (such as the conclusion made by the economists of LSE). And in his third part he gave an explanation based on three words, illustrate by example and repeated several times to give them more impact on the audience.Pathos: Begin with a story, more than a story it is like he is going to confess something that he is not proud (â€Å"I need to make a confession†). Saying that he makes people trust in him, because he exposes himself. But it is fact a joke, which is also really good because humour is always a good way to catch people’s attention. And during the whole speech, he will have a lot of humour. His speech was like him dynamic, enthusiastic and totally engaged with his audience. With this combination of ethos, logos and pathos Dan Pink make an informative speech and the audience easily receives its me ssage.

Erikson Autobiographical Assignment Essay Example | Topics and Well Written Essays - 2000 words

Erikson Autobiographical Assignment - Essay Example The infant depends entirely on his or her caregivers hence the value of care that the child receives plays a vital role in the determining the child’s character (Erickson, 1963). It is at this stage that the child learns whether or not he / she can trust the people around him / her. Does the caregiver attend to the needs of the baby when he cries? Does anyone comfort the child when he / she is frightened? The child learns to trust the people who are taking care for him or her when these needs are consistently met. If his / her needs are not consistently met, the child will mistrust the people around him. A child who successfully develops trust feels safe and secure in the world. Caregivers who are not consistent, emotionally unavailable or rejecting contribute to feelings of mistrust in the children they care for. Mistrust will result to fear and a belief that the world is inconsistent and random (Erickson, 1963). During my infancy I was attached to my mother to the extent that I never wanted to let her go. Whenever my mother was away, I would cry and start suckling my fingers. I used to feel like anyone else apart from my mother was meant to harm me. With time I started getting used to my elder sister who would always attend to me whenever I cried. When I was one year old, I started investing in relationships with almost everyone at home, I had developed non-suspicious attitudes, was welcoming to touch, could easily let mother go and share my possessions. I had developed trust. At this stage children are focused on gaining a greater sense of self-control. The child learns to master skills such as walking, talking, feeding and other fine motor skills. The child also learns to say "NO!" which is a vital skill of the will. It is important to gain a sense of individual control over the world at this phase of development. The child develops a sense of control and a feeling of freedom on

Job Analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Job Analysis - Research Paper Example Quirin (1991) defines job analysis as a systematic approach for the collection of information regarding a job including roles, responsibilities and the skills required to perform those tasks. It is an important part of planning in human resource enabling the manager to determine job necessities, needed tools and skills, supervision of the employees and their interaction with the management. This paper focuses on all the elements of job analysis, based on the statement that job analysis is the backbone of an organization’s efforts to meet its vision, mission and objectives. Based on the contingency theory of organizational behavior, a job analysis of my immediate former position will be made in a bid to ensure that it is filled and operated satisfactorily. Organizational Behavior Theory Guiding this Job Analysis: Contingency Theory This is a radical shift from both the classical and neoclassical theories of organizational behavior in terms of its view on conflict at the workpla ce. While the two are focused on avoiding conflict since it interferes with equilibrium in the organization, contingency theory recognizes the fact that conflict is virtually inescapable, but manageable at the same time. Thus, organizations naturally evolve and adapt to meet their strategic needs through actions that are rational and sequential. Effectiveness is a key component in dealing with changes in the environment (Walonick, 1993; Chandler, 1962; Lawrence & Lorsch, 1969). This is the most applicable theory in job analysis since it provides for adaptability and variation in all aspects of a job, especially considering the fact that a job description should be able to accommodate uniqueness. Creating a job description that meets the specific objectives of the organization is preferable than copying what is already being used in other firms. Aspects to be analyzed for the Job Job analysis is aimed at collection of information about the job. To begin with information will be gathe red concerning the specific duties and tasks required by the job. A review of any possible physical requirements according to the environment of the job will then be done since the working conditions may not be accommodative to all people. The tools and equipment used will then be explored in detail, followed by establishing the inter-relationships of the position with superior, equal and junior staff. Finally, the requirements of the job from a prospective recruit will then be analyzed in terms of knowledge, skills and abilities (Branick and Edward, 2002). Job Description Several methods can be used to collect information for a job description including interviewing the incumbents and supervisors, observation, structured or open questionnaires and exploration of work logs among others (McNamara, 2010). A lot of these methods will not be applicable in this case since I am the incumbent. I will utilize the knowledge I have from my previous position to create a job description. Import antly, I will utilize Gibb’s Reflective Cycle that will enable me to reflect on my entire service for that position, coming up with an evaluation of the things I did well, where I went wrong and finally the best course of action I would undertake if I was to find myself in similar position (Jasper, 2003). The other method is to interview my former

Understand the roles of health disciplines Essay

Understand the roles of health disciplines - Essay Example Interdisciplinary approach refers to a combination of a number of technologies, professions, departments in industry or business. It is a model favored and used to solve some of the complex problems in the modern society. In health care the approach has seen an improvement of patient satisfaction, reduction in costs and morbidity (Allen and Nora, 2006). It also enhances relationships between various professionals in addition to overall satisfaction of the employees. Nevertheless there are a number of challenges including administrative constraints, lack of leadership etc but these difficulties cannot last a life time as efforts to try and educate the people early enough would effectively address these challenges. In order to solve some of the complex problems in the society there have been attempts to forge relationship between the various disciplines (Fleming, 2009). In the past, knowledge was perceived as whole but soon various disciplines started to gain individuality with each claiming to have a particular set of requirements, language and rules. However with time the various professions realize the importance of cooperation primarily to tackle complex problems and situations in the society. A multidisciplinary approach is whereby several disciplines are involved in solving societal problems. The individual disciplines do not lose their distinctiveness. One discipline known as the root discipline incorporates other disciplines to solve a problem. This means perspectives being shared are meant for the service of the root discipline (McGregor, 2004). On the other hand interdisciplinary approach allows for interaction between two or more disciplines. In this approach knowledge is transferre d between disciplines as the group share assumptions and approaches for a better understanding of a problem. The end result is getting solutions to complex problems in society and the enhancement of views and perspectives of the various

Case study, a road map for natural capitalism Study

, a road map for natural capitalism - Case Study Example The term ‘Natural Capitalism, stresses on the weakness of industrial capitalism as it is practiced in contemporary society. It’s is perceived as unnatural and the one that lacks logic in all aspects. The article What should we do: A Road Map for Natural Capitalism (2007), Harvard Business Review, Lovins, A.B., Lovins, L. H. & Hawken, P. Jul/Aug 2007, Vol. 85 Issue 7/8, p. 172-183 provides an insight of what for years has been ignored and the dangers that the ecosystem is in and humankind in the long run that is often ignored. One fundamental idea, that the article offers, is the need for companies and government to rethink their operations that hurt the ecosystem (Lovins et al., 2007). The companies and the government should set a strategy rooted in these principals and global work consistently towards their eventual implementation. Furthermore, the key to the community successfully employing these practices need our governments and companies to start placing a value on earth’s natural capital or ecosystem services. Simply put, economy is always dependent and fed by the same earth’s natural environment and for many of these services there exist no replacement. According to the article, by quantifying the expenses of the ecosystem and having them in their company balance sheets, firms can begin to minimize their wasteful depletion of the resources and eventually seek innovative ways to make changes in their production processes that will not lead to stretching these natural resources more than ever imagined. The perceived shift to this modern paradigm give a competitive edge to industry and lower expenses by increasing their bottom line and assist to start to stabilize the endangered earth’s climate while starting to replenish the earth’s biosphere. Through this the article claims that it is a win-win situation for both the humankind in the future and the ecosystem. The articles

Business economics Essay Example | Topics and Well Written Essays - 3000 words

Business economics - Essay Example rgy resources, cause inundations, heat-related deaths and the fast spread of infectious diseases, as well as create serious damage to all industry sectors. Therefore, climate change is regarded nowadays as the negative outcome of the modern economic system, along with the process behind its making. It is a problem that addresses all the major players in both local and global economies: the operational factors, such as businesses, the regulatory factors, such as governments, the intellectual factors, such as foundations and universities (Echegaray, et al., 2008), as well as the citizens or the consumers, which, at their turn, establish the connections between the factors mentioned above. All of these entities have at least something to say about climate change, and while some of the discussions are focused on finding the guilty parties, on throwing the blame on someone for what has been already done, others are trying to find the appropriate solutions. I believe that businesses should understand that environmental awareness is crucial for their long-term sustainability. Companies should recognize climate change as a risk and establish special risk-assessment teams to indentify its impact on the company’s costs, supply chains, work practices and outputs. For example, if the winters will become warmer, energy costs will be lowered; however, at the same time, the summers will become hotter, which will increase the demand for air-conditioning. This way, a company’s costs distribution is changed based on environmental issues. Still, businesses should see climate change as an opportunity and a challenge to find new markets, develop new technologies as well as improve their image among average consumers. Studies have demonstrated that customers are most likely to absolve their guilt about their environmental footprint by buying products from a â€Å"greener† company. In other words, consuming trends will shift accord ing to which companies take the lead in using green

State of the economy Essay Example | Topics and Well Written Essays - 750 words

State of the economy - Essay Example Approached within the paper will be the global macroeconomic issues surrounding Gross Domestic Product, unemployment, inflation and interest rates. Specific geographical areas of interest are the United States, Brazil, Germany and Japan. The current global economic outlook is important to understand when looking to expansion of current a current business. Currently the in the United States, â€Å"Current-dollar GDP -- the market value of the nation's output of goods and services – increased 3.5 percent, or $126.3 billion, in the fourth quarter to a level of $14,871.4 billion. In the third quarter, current-dollar GDP increased 4.6 percent, or $166.4 billion.† (Gross national product, 2011)The rate of unemployment currently in the United States has increased to a reported 9.2% in March of 2011 which is substantially higher than prior years. Inflation as reported in â€Å"The inflation rate in United States was last reported at 2.1 percent in February of 2011† (Unit ed States Inflation Rate, 2011) Currently the interests rates are being artificially depressed thanks to massive infusions of new money as a result of the Quantum Easing plan. In comparison Brazil in 2010 had a GDP of 2.194 trillion dollars with 7% unemployment. (Brazil, 2011) Germany had a GDP of 2.96 trillion dollars in 2010 with 7.4% unemployment. (Germany, 2011) Japan on the other hand had a GDP of 4.338 trillion dollars in 2010 with unemployment under all of the above at 5.1%. (Japan, 2011) When compared to the United States there is a very definite fiscal possibility available for global expansion. To retain market share at this point it would be necessary to increase our geographical market nationally at the very least. When compared to the United States there is several obvious discrepancies, more importantly the lower levels of unemployment make it easy to see that there is possibly more available income. In looking at the economic indicators such as the GDP, unemployment, interest rates and inflation it becomes clear that one of the prime indicators that should be addressed that would affect a portion of our customer base is inflation. The rate of inflation will most affect those consumers on a fixed income as they have the most to lose based on individual buying power. Japan for instance has maintained a low rate of inflation with a zero being reported in February of 2011. (Statistics Japan, 2011) This allows for a much higher purchasing power for consumers of our Shades of Youth line which directly caters to older individuals, these same individuals may be retired and on a fixed income. Germany is another nation with low rates of inflation and as a result this would be a good line in these locations as there is available purchasing income in the baby boomers market in these nations. Brazil on the other hand currently has over 6% inflation which would make it more difficult, though not impossible to sell a luxury like Shades of Youth. Super Clean an d Super White are both more necessary items than Shades of Youth and as a result we would want to market these in all three global areas as well as nationally. Because the global economy is suffering in many areas there will be a drive to consolidate business’s and promote stronger globalization pushes from current conglomerates. By taking

Obligations Law Essay Example | Topics and Well Written Essays - 750 words

Obligations Law - Essay Example However CounterAct Ltd accused In-Tech Ltd of making false statements during negotiations. The In-Tech Ltd are liable to false statements as accused based on the information they presented during the negotiation process. For instance, in an email on February 15th, she assured CounterAct’s Head of IT that the DX-5 would be very cheap to run, costing â€Å"no more than 25 pounds a week†. The sales manager knew that the system’s running costs are extremely high and did not disclose the information. Instead, she assured the buyer that the system is cheap. But we find that the system is consuming electricity at a rate of 50 pounds per day. This is too expensive considering the fact that In-Tech had given the value of 25 in a week. This makes In-Tech liable to fraud and according to the elements of common law; this is because In-Tech makes a knowing misrepresentation of the material facts that it presents to the other party. In this case, Lily knew about the costs were high but did not disclose the information. It is a fact that the DX-5 is expensive; this is against the promise made by In-Tech managers that the system would be cheap. Clause 13 of the contract provided for the proper installation of the system; this means that the system needed to be installed in good condition in the first week of July. The deadline for the installation was the 8th day of July. Unfortunately, by 14th July the software setup was not installed and there were reports that the In-Tech Ltd had become notorious for late installations. The action is fraudulent because they had promised and even signed the contract on the same. The fact is that, they knew about the process of installation because this is their line of business but they gave a short period of installation. This is considered by the law as promissory fraud. For instance, a case of this sort was litigated in Markow v ABC Transfer & Storage Co. In this case, a commercial tenant entered into negotiations to renew its lease on a warehouse and railroad yard. The warehouse was crucial to the tenant’s continued business relationship with its main client, the Scott Paper Company, because Scott used the warehouse a regional product distribution facility. The parties were assured of renewal of tenant’s lease during the contract renewal negotiations but the landlord was secretly engaged in negotiations of selling the company to the Boeing Company at the same time. The sale went through and the landlord gave a notice to that tenant to vacate in twenty days. The tenant thus lost the Scott Paper contract and incurred extra ordinary relocation expenses. The court found that the landlord’s promise regarding the lease renewal was fraudulent; the promise was done to tie the tenant to the case as the sale did not materialize. The meaning of this is that false promises may cause great losses to the buyer and the seller through the court is forced to compensate the buyer. In another instance, In-Tech Ltd is liable to false statement when they claim that DX-5 is indestructible and the CounterAct staff argues that when once staff spilled a cup of coffee the system reacted badly to the heat and moisture and had to be repaired. The In-Tech may have ignored the information hence misrepresentation of information is evident. All along there had been a misrepresentation of information and in most cases if the buyer realizes later that certain information was not

Psychology - Consciousness Essay Example for Free

Psychology Consciousness Essay Education in its general sense is a form of learning in which the knowledge, skills, and habits of a group of people are transferred from one generation to the next through teaching, training, or research. Education frequently takes place under the guidance of others, but may also be autodidactic. [1] Any experience that has a formative effect on the way one thinks, feels, or acts may be considered educational. the word education is derived from the Latin educatio (A breeding, a bringing up, a rearing) from educo (I educate, I train) which is related to the homonym educo (I lead forth, I take out; I raise up, I erect) from e- (from, out of) and duco (I lead, I conduct). PSYCHOLOGY It is the study of Psyche. Psyche it mean mind or soul as it appear in human. It is the totality of the human mind, conscious, and unconscious. The basic meaning of the Greek word psyche was life in the sense of breath, formed from the verb psyche derived meanings included spirit, soul, ghost, and ultimately self in the sense of conscious personality or psyche I AM GROWING AS PERSON Like all children, when I was growing up all I ever wanted to do was to be big. I always kept a close eye on my role models (my parents) and always tried to do anything they did. The skills I learn and the attitude I acquired from a young age would be of immense help to me in my later years. From the age of five, the memories I have are those of following my father around the yard watching feeding animals. My father would sometimes give me a small jar / container that I could help him feed the animal and although the job I did was insignificant and most likely not done properly, i always got a sense of pride and satisfaction in my work. In my teenage years my role around the house had changed. My father was no longer around and my mother had the pressure of providing for my younger brother and myself. During school holidays I was responsible for looking after my brother and keeping the amused at the same time, not an easy task at all. During this time I had also managed to get casual employment. Although the money I earn was not significant but it was enough for me to pay for my hobbies and ease some pressure off my mother. Now as an adult I have a steady job. I have never seen myself as a victim from anyone because all the good and bad experiences of my younger years it have helped me become a successful and determined person. The support that I received and continue to receive from my family was also a major drive for me to want to succeed as well. I think that everyones life is always full of good and bad experiences. The key is to appreciate the good and find a way of turning a negative situation into a positive. For example, when my father was no longer around it could have been seen to be a negative situation. However, learning to look after my brother and earning a little pocket money was perhaps the best and most useful experiences I had. In humans, growing up can be physical, emotional, spiritual, and psychological. This means that a person becomes more mature as a result of changes in behavior, actions and thoughts that are experienced in the process of growing up. An individual’s character and personality are seen as very vital as they grow up. While growing up, there are many challenges that a person may come across, and the opportunities to become a good person are always there. Due to our uniqueness, we tend to express our beliefs, convictions, and thoughts differently. One very important attribute in relation to growing up is the physical development. Though physical development may not necessarily translate in to growing up, growing up is closely related to physical maturity. An individual is considered to grow up when they display good character and responsible behavior. The process of growing up is always accompanied by a certain level of transformation in an individual, where transformation either makes one a better person or a bad person. At some stage in our lives, we are expected to be changed through the process of growing up. The expectations of the others from us assist in cultivating our actions and behavior that show that we are grown up or we are growing up. An individual who practice self control and display good behavior is a good example of a person who is growing up. These attributes define a grown up person and if a person displays these attributes, the person can be said to be growing up towards the right direction. Discipline is very essential in achieving human fulfillment . Since a person who is growing up seeks this fulfillment, there is no doubt that the only way a person can achieve fulfillment is through discipline.

How Global Corporations Affect National Economies Essay Example for Free

How Global Corporations Affect National Economies Essay The growing size of the Multinational Companies around the world; their global operations and financial practices pose some serious questions about the implementation of best practices that do justice to everyone, including the countries with less developed economies, where many of these corporations operate. Global Corporations may create problems regarding the national balance of accounts. Every company operates globally, to maximize its profits and pay less tax. To gain the optimum advantage, they follow accounting practices that contravene the domestic ones, used within the countries where they operate. For example, corporations charge their own internal transactions and present them as expenditure. This matter has evolved in such a way, that today, global corporations are the winners, and most of the times the countries where they operate are the losers. Multinational Corporations and the Distribution of Income There is an increasing tendency among multinational corporations to transfer their intangible assets to non-domestic associates. These foreign affiliates are created for a unique purpose: to gain a larger share of their profits, by reducing operational costs. Many international businesses transfer their operations like production and services to the countries where the tax rates are lower, compared to their mother country, where the parent company has its headquarters. According to OECD Statistics, that researchers have performed, there is a remarkable growth in the transfer of all these intangible assets from 13 percent to 37 percent in a period of 28 years, from 1983 to 2011. Corporations continuously pursue the policy of getting tax benefits and find different means to get benefited by lower tax rates in the countries where the affiliates are located. They keep their main focus on increasing their profits and showing incomes in the countries where there are lower tax rates applied. They do this by transferring their intangible assets, interposing their operations, producing more in the countries where they pay lower taxes. They also tend to shift their manufacturing units to offshore locations, in low tax and cheap labor countries. They also make changes and make an affiliate into an owner and an owner into an affiliate. Naturally, an affiliate in the low tax country becomes the parent company leading to many structural changes in the entire organization and therefore, influencing business in their host countries. According to authors such as John Dunning, the ultimate result of all these activities reflects in showing a recorded low Gross Domestic Product where the tax rates are high and making the recorded Gross Domestic Product higher in the low tax countries. The raise in the lower tax countries is shown as a relative growth.

History Of The Millat Tractors Limited

History Of The Millat Tractors Limited This whole report starts with the brief introduction of the Millat Tractors Limited. The introduction consists of company background, products, objectives, mission and vision statement and dealer network. After this the report contain a complete financial analysis of the firm and its comparison with its main competitor i.e. Al-ghazi tractors, these ratios cover all the ratios which include the liquidity, leverage, profitability ratio, activity and other ratios. After this in the end the report contain the literature and article review from different authors and websites. Contents Company Review Introduction The millat tractors limited was established in 1964. At that time the main goal of this company was to introduce and market Massey Ferguson Tractors in Pakistan. In 1967, an assembly plant was set up to assemble tractors in semi-knocked down condition. In 1972 the company was nationalized and started assembling and marketing tractors on the behalf of Pakistan tractor Corporation (PTC), formed by the government of Pakistan to import the tractors in semi-knocked down condition. Later in 1980 the government decided to manufacture the tractor in Pakistan, so they put this responsibility on Pakistan Tractor Corporation (PTC). PTC transferred this role to Millat tractors in 1981. It took only one year for millat tractors limited (MTL) to manufacture their own tractors, by setting up the first engine assembly plant in Pakistan. In 1984, the MTL set up a manufacturing facilities for the machining of intricate components, which were not available in Pakistan. In 1992, MTL was privatized throu gh management buyout (wikipedia). Mission Statement Millat to be market leader in agricultural tractors and machinery, building Companys image through innovation and competitiveness, grow by expanding market and investing into group companies, ensuring satisfaction to customers and stakeholders and to fulfil social obligations (Millat Tractors). Vision Statement Millat to be a global group of companies, recognized for a range of quality products with innovative design capabilities (Millat Tractors). Business Core Values Our customers are our first priority Prosperity of our stakeholders Corporate social responsibilities to enrich the lives of the community where we operate Recognition and reward for the talented and high performing employees Excellence Integrity in dealing (Millat Tractors). Objectives and Strategic Planning Objectives The main objective of the millat tractors in to be a market leader as far as market share and technology is concerned, in the areas of operations. The objective is also to continuously improve the efficiency and competitive strength and to offer the customer the quality products and support services at competitive prices and to their satisfaction. To generate sufficient earnings to ensure a secure future for the company and to protect and increase the shareholders return through continuously improving the performance. Moreover the objective is also to enhance the creativity and job satisfaction of the employees by providing opportunities for the personal development. To play a vital role for the society and environment (Millat Tractors). Strategic planning To make optimum use of ancillary industry in Pakistan to maximize indigenization of tract parts and farm equipment. To create in-house plant facilities for manufacture of components for tractors and other agricultural machinery which cannot be fabricated by the ancillary industry, where investments required are heavy or where technology involved is intricate. MTL will maintain a strong RD Department to provide technical assistance to local manufactures and for product development. Ensure customer satisfaction by providing quality products at competitive prices with warranty coverage and ensuring after sales service (Millat Tractors). Products MTL has a huge variety of products which includes tractors for the farmers that range from 50 HP to 85 HP, to fulfil the needs of the farmers for agriculture purpose. These tractors can be purchased not only against cash but also through bank financing. Besides Tractors MTL also offer industrial products like generators, that range from 15 KVA to 40 KVA, forklift trucks and prime movers, that range from 50 HP to 85 HP. MTL also deals in range of generating sets from 27 kVA to 2000 KVA (Millat Tractors). Other than above mentioned products MTL also offers a wide range of agricultural implements like chisel, Disc and mould board plough, tine tillers, offset disc harrow, ridger, front blade, multi-purpose rear blade, agriculture loader, farm trailer, hydraulic tipping trailer, jib crane, post hole digger, lawn mover, and pneumatic pruning sets. MTL also provide a wide range of spare parts throughout the country (Millat Tractors). Dealers MTL has dealers throughout the country to make sure the availability of the tractors. MTL divided the whole country into six regions that are KPK, Northern Punjab, South Punjab, Upper Punjab, Lower Punjab and Balochistan (Millat Tractors). Competitor Analysis The main competitor of Millat Tractor is Al-ghazi tractors, besides Al-ghazi there are few private tractor manufacturers and Chinese tractors that multiply the competition. Below is the financial analysis of both millat tractors limited and Al-ghazi tractors. On the basis of these financial ratios we can compare the performance of both the firms. For Financial statements see the appendix. As far as the production and sales of MTL units are concerned a graph from their websites are given below. http://millat.com.pk/wp-content/uploads/image/chart3.JPG Source: http://millat.com.pk/?page_id=408 Financial Ratios Liquidity Ratios Current Ratio Although the current ratio of both the firms are greater than 1, but the current ratio of Al-ghazi tractors is higher than 3 which shows that the company is inefficient to utilize its current assets to pay off the current liabilities. On the other hand the current ratio of MTL is greater than 1 but less than 3 which shows that company is efficiently utilizing its current assets to settle the current liabilities. So on the basis of the current ratio we can say that Millat tractor limited is working more efficiently with their assets as compare to Al-ghazi, which has huge current ratio thats shows the inefficiency in case of utilizing the assets. Quick Ratio Quick Ratio shows the companys ability to use the cash and cash equivalents to settle the current liabilities, this excludes the inventory. The ratio of both the companies shows that millat tractor is more efficient as compare to Al-ghazi. Moreover the ratio is also close to the current ratio which shows that inventory is well managed by the millat tractors. Although the ratio of Al-Ghazi is much higher than the millat tractors, but the ratio higher than 3 is not a good sign. This shows that Al-Ghazi tractors are unable to utilize the cash and cash equivalents to settle the current liabilities due which their ratio is higher than that of Millat tractors. Inventory to net working capital This ratio tells us the extent to which the working capital is tied up in the inventory, although it is less than 1 for both the firms. But in case of millat tractors it is higher than al-Ghazi which is not a good sign as it shows that lots of working capital is tied up in inventory as compare to that of Al-Ghazi Tractors. During the last year however the ratio has decreased in case of MTL and increased in case of Al-ghazi tractors but Al-Ghazi Ratio is still lower as compared to MTL. One of the main reason is the higher inventory since last three years of Millat tractors. One thing to be kept in mind is that these inventories mostly consist of spare parts and agriculture implements. Profitability Ratios Gross profit Margin Although the gross profit margin of millat tractors are lower as compare to Al-ghazi tractors yet they are earning much on sale as compare to Al-Ghazi. In the year of 2011 Millat tractors report the sale revenue of 24863264 as compare to 14936034 but the reason is the high cost of goods sold. The main reason for the increase in the COGS is the components consumed, which is continuously increasing since last four years. According the millat tractors dealers and the website information the millat tractors is continuously increasing its production and achieved the target of 40000 tractors in the year of 2011, which obviously resulted in the increase in the components consumed. Besides components repair and maintenances and spare parts consumed also resulted in the increase of COGS, most of them were covered under the warranty claims. On the other hand in case of Al-ghazi tractors, Components consumed were highest in the year of 2010 and in 2011 the components consumed has decreased beca use of decrease in production, which also resulted in the decrease of other things like salaries, spare parts consumed and supplies. Due to this reason Millat tractors, that produced 40000 units as compare to Al-ghazi tractors that produces 19936 units in the year 2011, has to face lower gross profit margin as compare to the alghazi tractors. Otherwise as far as sales revenue is concerned, it is much much higher in case of MTL as compare to Al-Ghazi Tractors. Operating Profit Margin From the year 2008 till 2010, alghazi tractors has higher operating profit margin because of high sales as compare to COGS and low expenses but in the year 2011 Millat tractors beat the Al-ghazi tractors because of increase in production and sales and lower expenses with respect to the sales. Secondly the revenue from the sales against all the expenses are higher for MTL in the year 2011 as compare to the previous year. In the year 2011, alghazi tractors lower their production due to which their revenues also decreased. So the operating profit margin which indicates firms profitability from the current operations excluding interest and tax, is higher for MTL as compare to Al-ghazi tractors. Net Profit Margin Although the sales revenue of Millat Tractors are much higher than the alghazi tractors but they have to face high financing cost and taxation. In the year 2011 MTL also has to face a huge deferred taxation from the previous years along with the increase in the finance cost which is the result of increase in loans, accumulating compensated absences and trade and other payables. Trade and other payables were highest in the year of 2010 but decrease in 2011 due to which finance cost also showed some decreasing growth rate. On the other hand Alghazi tractors that produces much smaller number of tractors as compare to the millat tractors has to face low finance cost and taxation due to which the ratio is higher. Return on Total Assets This ratio calculates the companys earning or profit against the total net assets, the higher the ratio the better it is as it shows that the company is earning more profits as compare to their assets. Initially MTL has to face lower ratio when compare to Al-ghazi because of high growth in net assets and lower growth of profit but in the 2011, when MTL achieved the record production of more than 40000 tractors the ratio increased much higher than Alghazi, which faced an increase in total assets with the decrease in net profits. In 2011, MTL has to face a decrease in total assets with the increase in net profit, which shows that the company efficiently used its assets to generate the profits. So it is not wrong to say that the MTL is much more profitable as compare to Al-Ghazi. Earnings Per Share This ratio shows the earnings available to the owners of the common stock and if you see the ratios then it is clear that MTL has a high earning per share which shows that the investors of MTL enjoying the higher profit against their investments as compare to that of Al-ghazi Tractors. So this also shows that MTL is highly profitable as compare to Al-ghazi Tractors. Return on Stock Holders Equity This shows the rate of return on the stock holders investment. The ratio clearly shows a huge difference between the two companies. In case of millat tractors, the after tax profits are increasing against the decreasing profits of Al-ghazi. This shows that investors are enjoying high profits against their investment in case of MTL as compare to that of Al-ghazi profit, which is facing decreasing after sales profits. Leverage Ratios Debt to Assets Ratio High Debt to assets ratio shows that the company depends more on the debt financing, which ultimately increase the risk. Millat tractors shows increasing debt ratio until 2010 but it decreases in 2011. This shows that the company is more dependent on the debt financing rather than its own assets which made this company risky. Increasing EPS and stockholders equity also shows this as they are enjoying higher return which is the proof that the company is risky as higher the risk, higher will be the return. On the other hand Al-ghazis debt ratio is lower than the MTL, though they are also taking debt to finance their operation but the ratio against the total assets is low which shows that the company is less risk and depending mostly on its own assets as compare to that of MTL, this also results in the lower return. In the year 2011, MTL has dropped in liabilities significantly from the last two year but it also followed by the decrease in the total assets from the last two years. In th is case we can say that Al-ghazi is better than the MTL. Debt to Equity Ratio Just like the Debt to asset ratio, Debt to equity ratio of MTL is also high which shows that MTL also depending on Debt financing more than the equity. This ratio suggest that MTL is depending more on the debt financing as compare to equity financing, this makes MTL more risky. On the other hand Al-ghazi tractors has the lower debt to equity ratio, which makes this company less riskier as they depend on the equity financing more than their debt financing as compare to the MTL. In 2011, the debt to asset ratio as well as debt to equity ratio both shows downward trend in case of MTL, which is because of the huge decrease in the total debt of the company which is almost equal to more that 40 million rupees, due to this there is the decrease in the ratio in the year 2011. Long-term Debt to Equity Ratio This ratio also show the financing condition of the firm. Higher ratio means that the company is more depending on the long term debt as compare to the equity. High ratio shows the high risk for the firm. In this case Al-ghazi has the higher ratio which shows that Al-ghazi is more dependent on the long term debt as compare to the equity. MTL dependent on the short term financing but in case of al-ghazi they are more dependent on the long term financing due to which their ratio is higher than MTL. This shows that as far as long term debt to equity ratio is concerned Al-ghazi is much riskier than the MTL. Time interest Earned This ratio is lower for the MTL as compare to al-ghazi. This shows that Al-ghazi is better in this case. Activity Ratio Inventory Turnover Inventory turnover of MTL is much greater than Al-ghazi Tractors which shows that the company is efficient with the inventory and could be able to convert its inventory into sales. Though in the previous year that is from 2008 to 2010 MTL is behind Al-ghazi but in the year 2011, MTL is able to convert its inventory into sales more efficiently and effectively Fixed Assets Turnover Fixed assets turnover of Al-ghazi is decreasing since the last two year but on the other hand it is continuously increasing in case of MTL which shows that the company is more efficiently utilizes its fixed assets to make the sales. Other reason is that MTL non-current assets shows little or negative growth rate with the increasing sales but in case of Al-ghazi sales revenues are decreasing with the increasing fixed or non-current assets. Total Asset turnover Just like the fixed assets turnover ratio, total assets turnover ratio of MTL is also increasing which shows that the company is efficiently utilizing its assets to generate the sales as compare to that of Al-ghazi Tractors. Other Ratios Dividend Yield Except the year 2011, in which MTL retained most of the earnings, in all the previous years MTL pays higher dividends as compare to the al-ghazi tractors whose dividend fluctuate through out the year. This shows that the investors of MTL received higher dividend as compare to Al-ghazi tractors. Price Earnings Ratio MTL PE ratio is increasing which shows that it is faster growing and less risky in the sense that they fulfil all the risky through the return. On the other hand Al-ghazi shows decreasing trend which shows that they are risky, except it is proved above that MTL is highly risky as compare to Al-ghazi but MTL cover the risk through the return as compare to Al-ghazi so it could not be wrong to say that MTL is faster growing and more profitable as compare to Alghazi tractors. Dividend Payout Ratio MTL Dividend payout ratio is increasing which shows that they are not retaining earning and paying more dividends in cash rather than retaining them. Other the other hand Al-ghazi is retaining more than MTL and not paying much dividend as cash. Other Competitors Other than these two public listed companies there is a private company with the name of Fecto Belarus Tractors which is basically a private Russian company and has been working since 1962. This company has also participated in many government schemes like Green tractor and Awami Tractor schemes. But this company is very small and not so much appreciated by the farmers. According to the information given on their website they have produced only 4000 tractors in the year 2010 and 2011 (Fecto Belarus). Other than this there are few Chinese imported tractors but as per government rules there are very high barrier to the international tractors to support the local market. But if the Government could not able to address the problems the company is facing right now then these low price and low quality Chinese tractors will find their way into Pakistan, which will result in the major threat to the local industry. Literature Review Article Two main tractor manufacturing units Al-Ghazi Tractors and Millat Tractors have suspended their production after plummeting of their sales as levy of 16 percent GST has made the farm machinery costlier and Zarai Taraqiati Bank Limited has stopped tractor loans to the cash starved farmers for the past two years. Millat Tractors Limited and Al-Ghazi Tractors Limited account for virtually all of industrys yearly output of more than 72,000 tractors. A senior executive of Millat Tractors told Business Recorder here on Friday that tractor sales nosed down to 12,000 from July to December 2011 as against 30,000 tractors during corresponding period of last year. The industry sold 70,770 tractors from July 2010 to June 2011, he added. He said tractor manufacturers have suspended procurement of parts from their vendors as there are already several thousand unsold tractors dumped at their plants and countrywide dealership network. Tractor prices surged by Rs100,000 to Rs. 200,000 a piece depending on engine horse power after imposition of 16 per cent GST in March last year plunging the industry in turmoil and endangering investment of billions of rupees, he added. He said since ZTBL had suspended credit to farmers for purchase of tractors for two years and high interest rate of commercial banks loans, tractors are being purchased only by those limited number of affluent growers who pay net cash. He lamented that prices of cotton have suddenly fallen to a new low, farmers are not getting payment of sugarcane produce in cash, on the contrary, prices of fertilisers and other agri-outputs have skyrocketed, therefore the cash deficit small farmers have no money to purchase tractors. The executive suggested that the Punjab government should provide tractors to the unemployed people instead of taxis as a tractor is economically more useful and employment generator than a car/taxi Pakistan Association of Automotive Parts and Accessories Manufacturers Manufacturing held an emergent meeting here on Friday to review the socio-economic impact of tractor manufacturing units closure in the short and long run as they have stopped buying parts of tractors from the vendors spread all over the country. Talking to this scribe PAAPAM chairman Nabeel Hashmi said that thousands of auto parts manufacturing units which provide 92 percent parts to the tractor industry are laying off their 0.5 million workers after closure of tractor manufacturing units. He said imposition of 16 percent General Sales Tax has not only ruined the tractor manufacturing industry but has also had fatal repercussions on the agri economy and engineering and vending industry. Hashmi pointed out that due to decline in tractor sales, the government is not getting any additional revenue, therefore it should immediately withdraw this tax to make cost of tractors affordable for overwhelming majority of small farmers who own less then 12 acres land.PAAPAM chairman warned that as tractors are of prime importance to the agricultural sector itself, the agriculture and rural economy would grossly suffer with dangerous consequences if the government did not take immediate remedial measures (Goraya, 2011). Explanation In this article Mr. Goraya told about the effects of general sales tax on the sales of the tractors. According to him the increase sales tax reduces the sales of the tractors in the country. Moreover the Zarai Tarakiyati bank was is responsible to give the loans to the farmers for the purchase of the tractors along with the other agricultural tools also stopped giving loans to the farmers due to which only those farmers who could afford the purchase of the tractors on the full cash basis could buy the tractors. This had the very adverse effects on the tractors industries as because of this the inventories which are unsold increased and many units goes unsold. Due to the increase in the taxes and the non availability of the loans the amount of the unsold tractors increased from 12000 units to 30000 units. Moreover because of the GST the prices of the tractors increases by 200000 rupees because of which farmers who were dependent on the loans, are now unable to purchase the tractors du e to which the sales goes down, with the decrease in production. According to the sales person of millat tractors limited the production of millat tractors decreased from 40000 to 32000 units because of the last year unsold inventory. Moreover in the article it is suggested that except giving the yellow cabs schemes, government should provide tractors to increase the employment and to save the industry the government should reduce the taxes so that this automobile industry could move forward with any threat. Article The last few years have been great if you were a tractor manufacturer. The industry has grown by a CAGR of more than nine per cent annually over the last five years with the exception of FY08 when it registered negative growth. This is on the back of a supply deficit whereby the demand for tractors and agricultural implements (taken on a cumulative basis when we talk about tractors) has been racing despite the hullabaloo of structural weaknesses in economy. This is because the local tractor industry is a derivative of the agricultural sector which forms the backbone of our economy and is the leading source of employment for our labor force. Therefore, as the population grows, which it will regardless of the era in question; demand for agricultural produce will grow, resulting in continuous demand for tractors in Pakistan. The linkage between tractors and the agriculture sector is therefore clear for all to see. Previously, industry growth was thought to be relatively immune from decelerating trends in agriculture; a view which was given life by observing FY09 and FY10 when the industry grew 13 per cent and 14 per cent respectively despite downturn in the agronomy with in-turn depressed growth rates (four per cent and two per cent respectively). Any good analyst would surely decipher that this is not a concrete relationship as sooner or later any business/industry will be affected by the economic environment it operates within. And it now has. The imposition of 17 per cent sales tax in March 2011, coupled with declining agro product prices which dented farmer income, will start taking its toll on the industry and its participants. The recent notice sent to the KSE by one tractor manufacturer (Al-Ghazi tractors) substantiates this view: Following the imposition of 17 per cent sales tax in March 2011 tractor bookings started fallingà ¢Ã¢â€š ¬Ã‚ ¦ Impact of 16 per cent sales tax on tractors, announced in the Financial Bill of the year 2011-2012, continues to jeopardise the companys sales. This has been spoiled further by the fall in cotton prices There are two main players in the tractor manufacturing industry, namely Millat Tractors Limited (MTL) and Al-Ghazi Tractors Limited (AGTL), which account for virtually all of industry output. Of these, MTL, with its popular brand Massey Ferguson, holds 61 per cent market share in terms of total tractor sales and has experienced significant growth in the turnover since FY07. The company has developed a track of breaking records by achieving an off-take of 30,244 in FY09 and then surpassing it in the subsequent year to 40,836 tractors. As per the official statistics released by the Pakistan Automobile Manufacturers Association (PAMA) the company has achieved sales of over 42,000 tractors in FY11 while the total tractor industry stood at 70,000 tractors sold during the year. Advanced bookings a measure often used to gauge demand increased by 81 per cent during FY10: 40,836 tractors pre-booked in FY09 to 74,000 tractors pre-booked during FY10. This figure is expected to drop as substa ntiated by the press release given above. Talking about the tractor industry as a whole, forming a holistic view of the key demand drivers of the tractor industry is imperative: KEY INDUSTRY DEMAND DRIVERS Government Incentives The Benazir Tractor Scheme aims to incentivise the purchase of 20,000 tractors by subsidising the tractor up to 50 per cent. The program aims to provide a subsidy up to Rs200,000 per farmer leading to more affordable tractors. Given the tight fiscal position of the GoP further extension/incentivisation in this program is unlikely. Therefore, we view this program lacking in its true essence on account of an absence of both ability and willingness on behalf of the government to encourage farmer development. Affordability A 17 per cent tax levied on tractor production in the Finance Bill announced in March was initially projected to raise tractor prices by 10-15 per cent. However, after accounting for the cumulative impact of the imposition in tractor inputs as well, final tractor prices have gone up by 20 per cent. This is a serious jolt to farmers for whom tractors have gone beyond the reach of affordability. Farmer Income Agricultural prices had shot up in the recent past. However, they have witnessed a sharp decline inline with fall in commodity prices globally. Pakistans agricultural produce has been the same; as an example, cotton prices have fallen to the 5,500 mark after seeing highs of over 13,000 per maund. This has impacted farmer income and therefore, they are less willing to spend upon tractors as they simply cannot afford to. Farmer Credit Squeezing of loans by the Zarai Taraqiati Bank Limited (ZTBL), especially to farmers who own less than 12 acres of land, tractors are being purchased only by those who pay net cash. Given the fall in farmer income, the lack of credit in the market does not make a cash purchase viable for farmers. Indeed investment in such times is hardly the priority for farmers whose lifestyle limits him to focusing on only the necessities of life. Tractor Life According to FAO, ideal horsepower available per hectare should be 1.4, versus the current 0.9 in Pakistan. Increasing horse power utilisation would imply increasing the total number of tractors by more than 250,000 (55 per cent) highlighting the growth potential of the sector. Given the dearth in farmer awareness, a change in this trend seems unlikely. Competition High barriers to entry due to heavy capital outlay in establishing a distribution network reduce the threat of competition arising. Further, due to the high deletion levels (percentage of cost from locally manufactured inputs) soaring upto 90 per cent, Pakistani tractors trade at a significant discount to international counterparts, thereby making the import of tractors unfeasible and impractical. Given the above demand outlooks, future prospects of tractor manufacturers surely seem weak. But why should this be as alarming as it sounds? Tractor manufacturers have had it good over the past few years operating at near 100 per cent utilisation levels. They have built their asset bases and have enjoyed periods of strong profitability. Given that the two manufacturers have not been forced to engage in a price war and that both operate at nearly zero leveraging, the reserves built-up should be substantial in sustaining them through a down period. However, tractors are of prime importance to the agricultural sector itself, and while some rationalisation can be expected, a total fall from grace would have a far reaching impact on the agronomy in the longer run in terms of efficiency and growth (Khan). Explanation This article tells us that the tractor industry is the back bone for our economy. This industry was seeing the growth rate in the past but recently has to face many problems like GST, Inflation, expensive vendors. This articles also tell us that the MTL is the market leader with the 61 percent of market share as compare to its major competitor Al-ghazi, so it is in a strong position. This article also discussed different demand drivers. First of all the government support, although government is claiming to help the farmers by subsidizing the tractors through different schemes but still there is a lack of commitment and care of the government towards this industry. Secondly the affordability, with the increase in the GST, farmers are unable to afford such a expensive tractor, which was available for 15 lac two years back and now it is available for 20 lac rupees. Thirdly the farmer income, with the increase in population along with inflation it would be hard for the farmers to suppor t their families and with the increase in the price of the tractors farmers could not buy the tractors as they also have to afford my other lives. Forth the loans, with the increase in bad debts and non performing loans the only bank for the farmers i.e. Zarai Tarakiyati bank stopped giving loans and increased their interest rates so farmers are unable to get the loans for the purchase of the tractors, this also multiply the difficulties for the farmers. Lastly the competition, as there are high barriers of entry to international firm to enter into the Pakistan market no intern