Free Essays on Math At Work

â€Å" What will I ever use this stuff for.† Well unless you plan on working at the local fast food joint the rest of your life, you will most definitely use some higher form of math. I discovered this and a few other things while interviewing my father Herb Roach. His position is Vice President of Administration and Corporate Development for Artex international, a manufacturer of fine linens for such companies as Walt Disney, Adams Mark Hotels, Marriott Hotels, Tony’s Restaurant, and Ritz Carlton Inc. His job uses math in many different every day operations, in some, interest calculations and other algebraic equations are used. Some of the duties that he uses his math skills for are simple, while others are more complex. Some of the work he is in charge of for the company is to calculate return on investments pertaining to pension funds. This involves using the interest formula and other factors. Other jobs include, but do not exclude: Calculating manpower needs by looking at scheduled workload and operator capacity, Capacity planning by looking at machines available, average machine output, available shifts of operators and material availability, Forecast future medical insurance costs by looking at past losses, number of employees, change in future employment and factor in forecasted increases in cost of medical services and demographics of employees, Put together corporate wide purchasing contracts by looking at past needs based on past production, then looking at future employment and factor in forecasted increases in cost for medical services and demographics of employees, Track plant wide performa nces by using statical analysis of optimum performances vs. normal production, Establish corporate budgets through analysis of product mix, materials needed, equipment availability, manpower needs and facilities, Effect on cost of doing business when moving production from one p... Free Essays on Math At Work Free Essays on Math At Work Almost everyone is guilty of saying these words â€Å" What will I ever use this stuff for.† Well unless you plan on working at the local fast food joint the rest of your life, you will most definitely use some higher form of math. I discovered this and a few other things while interviewing my father Herb Roach. His position is Vice President of Administration and Corporate Development for Artex international, a manufacturer of fine linens for such companies as Walt Disney, Adams Mark Hotels, Marriott Hotels, Tony’s Restaurant, and Ritz Carlton Inc. His job uses math in many different every day operations, in some, interest calculations and other algebraic equations are used. Some of the duties that he uses his math skills for are simple, while others are more complex. Some of the work he is in charge of for the company is to calculate return on investments pertaining to pension funds. This involves using the interest formula and other factors. Other jobs include, but do not exclude: Calculating manpower needs by looking at scheduled workload and operator capacity, Capacity planning by looking at machines available, average machine output, available shifts of operators and material availability, Forecast future medical insurance costs by looking at past losses, number of employees, change in future employment and factor in forecasted increases in cost of medical services and demographics of employees, Put together corporate wide purchasing contracts by looking at past needs based on past production, then looking at future employment and factor in forecasted increases in cost for medical services and demographics of employees, Track plant wide performa nces by using statical analysis of optimum performances vs. normal production, Establish corporate budgets through analysis of product mix, materials needed, equipment availability, manpower needs and facilities, Effect on cost of doing business when moving production from one p...