Steel & Mills essays

Steel & Mills essays The market had also seen an increase in steel service centers, which essentially are distribution centers for the mills. What these centers would do is buy large quantities of steel from the mills, cut the large chunks up and distribute them to customers. This added value to the industry because it allowed the end user the ability to buy a quantity of steel that was more efficient for them instead of having to buy from the mills where they were required to buy larger quantities and waste was high. The only concern to end-users was the efficiency of delivery. Since the advent of Just-in-Time inventory systems, which significantly cut inventory costs to companies, the service centers had to slow inventory as well to cut down on their increasing inventory costs. Since the cut to both inventories was relatively high, but the demand for the steel was increasing it sometimes caused bumps in the road as far as efficiency of delivery. This in turn caused the mills to strike back and th ey started creating price structures that were more favorable to the end-user rather than the service centers. Competition is increasing because of the higher demand for the steel service centers. The increase in demand for steel products has also caused competition to rise. SOS has three service centers and is tops in most of there divisions which is about a 200 mile radius around each service center. SOS seems to have such a good reputation because of their friendly service and their price structure. They remain very competitive in relation to other service centers, and they also are very loyal to customers especially long time customers. ...

How to Define Value in Relation to Art

How to Define Value in Relation to Art As an element of art, value refers to the visible lightness or darkness of a color. Value is synonymous with luminosity in this context and can be measured in various units designating electromagnetic radiation. Indeed, the science of optics  is a fascinating branch of physics, albeit one to which visual artists typically devote little to no thought. Value is relevant to the lightness or darkness of any color, but its importance is easy to visualize in a work with no colors other than black, white, and a grayscale. For a great example of value in action, think of a black and white photograph. You can easily visualize how the infinite variations of gray suggest planes and textures. The Subjective Value of Art While value can be a technical term related to color, it can be a more subjective term related to either the importance of a work or its monetary worth. Value can also refer to the sentimental, cultural, ritualistic, or aesthetic importance of work. Unlike luminosity, this type of value cannot be measured. It is entirely subjective and open to, literally, billions of interpretations.   For instance, anyone can admire a sand mandala, but its creation and destruction hold specific ceremonial values in Tibetan Buddhism. Leonardos ​Last Supper ​mural was a technical disaster, but its depiction of a defining moment in Christianity has made it a religious treasure worthy of conservation. Egypt, Greece, Peru, and other countries have sought the return of significant cultural works of art that were sold abroad in earlier centuries. Many a mother has carefully preserved many pieces of refrigerator art, for their emotional value is incalculable.   The Monetary Value of Art Value may additionally refer to the monetary worth attached to any given work of art. In this context, value is pertinent to resale prices  or  insurance premiums. Fiscal value is primarily objective, assigned by acknowledged art-historic specialists who eat, breathe and sleep fine art market values.  To a smaller extent, this definition of value is subjective in that certain collectors are willing to pay any amount of money to own a particular work of art. To illustrate this seeming dichotomy, refer to the  May 16, 2007, Post-War and Contemporary Art Evening Sale at Christies New York City showroom. One of original Marilyn silkscreen paintings by Andy Warhol had an estimated (objective) pre-sale value of more than  $18,000,000. $18,000,001 would have been accurate, but the actual gavel price plus buyers premium was a whopping (subjective)  $28,040,000. Someone, somewhere obviously felt that hanging in his or her underground lair was worth an additional $10,000,000. Quotations About Value In preparing a study or a picture, it seems to me very important to begin by an indication of the darkest values... and to continue in order to the lightest value. From the darkest to the lightest I would establish twenty shades.(Jean-Baptiste-Camille Corot) Strive not to be a success, but rather to be of value.(Albert Einstein) Its impossible to make a picture without values. Values are the basis. If they are not, tell me what is the basis.(William Morris Hunt) Nowadays people know the price of everything and the value of nothing.(Oscar Wilde) Color is an inborn gift, but appreciation of value is merely training of the eye, which everyone ought to be able to acquire.(John Singer Sargent) There is no value in life except what you choose to place upon it and no happiness in any place except what you bring to it yourself.(Henry David Thoreau)