Inventory management at WAL-MART Case Study Example | Topics and Well Written Essays - 1000 words

Inventory management at WAL-MART - Case Study Example It also succeeded due to its global strategies. It became the first private-sector company in the world to have employed over one million personnel. It provides large spacious, wide, neat, brightly-lit aisles and shelves stocked with area for people to look around and provide a variety of goods. The average size of a Wal-Mart store is 107,000 square feet (www.walmart.com). Each store employs about 225 people. The employees are called associates as they hold value for the company (Frat Files). The stores feature a variety of quality, value-priced general merchandise, including (www.walmart.com): Wal-Mart operates each store, from the products it stocks, to the front-end equipment that helps speed checkout, with the same philosophy: provide everyday low prices and superior customer service. Lower prices also eliminate the expense of frequent sales promotions and sales are more predictable. Wal-Mart has invested heavily in its unique cross-docking inventory system. Cross docking has enabled Wal-Mart to achieve economies of scale which reduce its costs of sales. With this system, goods are continuously delivered to stores within 48 hours and often without having to stock them. This allows Wal-Mart to replenish the shelves 4 times faster than its competition. Wal-Mart's ability to replenish theirs shelves four times faster than its competition is just another advantage they have over competition. Wal-Mart leverages its buying power through purchasing in bulks and distributing the goods on its own. Wal-Mart guarantees everyday low prices and considers them the one stop shop. INVENTORY MANAGEMENT at WAL-MART Just-in-time inventory (JIT) is the concept of only carrying as much inventory as needed to supply to customers or consumers. Many companies are using JIT to reduce inventory costs and increase gross profits (Damiano, 2005). It makes more sense for companies to use their dollars elsewhere, rather than tying them up in inventory that is just sitting in a warehouse. Wal-Mart's inventory philosophy focuses on getting the good out of the shelves and into the customers hand in the quickest and most cost efficient way as possible and Wal-Mart is a paragon of such efficiency. JIT (Just in Time) is an inventory management technique invented by the Japanese. The first users of this technique are said to be the Toyota people and to this day, this technique is being effectively used by them. The concept behind JIT is that it optimizes the production process byreducing waste and keeping negligible inventory (Epps, 1995). Inventory has a holding cost in terms of keeping the excess inventory in warehouses whose rent has to be paid thus increasing the cost of the inventory. As a retailer, Wal-Mart has been able to achieve respectable leadership by using this technique to reduce the holding costs and decreasing wastages. The most important factor in having a Just-In-Time inventory system is to have the best logistics system in place. This includes having clear transport routes,

International Monetary Fund, International Financial Statistics Essay

International Monetary Fund, International Financial Statistics - Essay Example In Euros this would amount to 100,000/1.4950=66889.63. The ask rate is being used because the buyer of the share would first sell the Euros in the American market to get a 100,000 dollars to buy the shares. b) If you sell the shares you would receive 110,000 in USD. The buying rate would be used because the seller would have to buy the Euros from the market after selling in dollars. Therefore they would receive 110,000/1.4550 = 75601.37 Euros c) The cost of the broker when buying the shares= 100,000 *0.2%= 200 In Euros this cost would be 200/1.4950=133.77 Cost in Dollars = 100200 Cost in Euros =67023.409 Cost of the broker commission when selling the shares= 110,000 * 0.2%= 220 In Euros this cost would be= 220/1.4550=151,20, as the investor would buy from Dollars to pay the commission. The total proceeds would be 109,780 USD and 75752.58 Euro. 2 You are the manager of an American pension fund and decide, on January 5, to buy ten thousand shares of British Airways listed in London. Yo u sell them on February 5. Here are the quotes that you can use: January 5 British Airways share price (?): Buying = 3.50 and selling = 3.52 Exchange rate (dollars per pound): Buying =1.5000 and selling = 1.5040 February 5 British Airways share price (?): Buying = 3.81 and selling 3.83 Exchange rate (dollars per pound): Buying =1.4500 and selling = 1.4540 You must pay the U.K. broker a commission of 0.2% of the transaction value (on the purchase and on the sale). (a) What is your sterling rate of return on the operation? (b) What is your dollar rate of return on the operation? Answers: Buying Cost in Pounds: 3.5 *10,000 = 35000 ? Buying Cost in USD: 35,000 *1.5= 52500 USD Commission on Purchase: 35000*0.2%=70? Commission on Purchase USD= 70 * 1.5= 105 Sale Proceeds in Pounds: 3.83*10,000= 38,300 ? Proceeds in USD: 38,300 * 1.4540 = 55688.2 Commissions on Sale : 38,300 * 0.02% = 76.8 ? Commission on Sale in USD: 76.8 *1.4540= 111.37 a) Sterling rate of return Total Investment : 35000 + 70= 35070? Total proceeds: 38300-76.8= 38376.8 Profit= 3306.8 Return= 9.429% b) Dollar Rate of return Investment in dollars: 52500+105=52605 Total Proceeds in USD: 55688-111.37= 55576.63 Profit in USD: 2971.63 Return: 5.648% 3 You are a U.S. investor and wish to buy ten thousand shares of Club Mediterranee (â€Å"Club Med†). You can buy them either in Paris or in London. You ask the brokers to quote you net prices (no commissions paid). There are no taxes on foreign shares listed in London. Here are the quotes: London (in ? per share): Buying at 56.75 and selling at 58.125 Paris (in â‚ ¬ per share) Buying at 78 ? and selling at 78 ? The exchange rates are: Dollars per pound: buying = 1.9450 and selling = 1.9950 Dollars per euro: buying = 1.4850 and selling = 1.4855 What is your total dollar cost if you buy the Club Med shares at the cheaper place? Answers: If you buy the shares in London: 10,000 * 58.125 = 581250 ? If you buy the shares in Paris: 10,000 * 78. 75=787500 à ¢â€š ¬ Cost in Dollars in London Purchase= 581,250 * 1.9450=11,30,531 USD would be required. The buying price is used because investor would first sell dollars to get the pounds to buy the shares. Cost in USD of Paris Purchase: 787500*1.4850=1169437.5 USD The cheaper price to buy the shares would be 11, 30,531 USD. 4 Assume the following quotes: ii Mexican peso/USD 9.3850 –

Acceleration Due to Gravity Essay Example for Free

Acceleration Due to Gravity Essay An air track is an apparatus that simulates the effects of frictionless motion. A known mass is attached to an air-cart on an air-track apparatus. Attached by string, the air-cart is pulled by the known mass when hung over a pulley. A spark timer will mark the motion at a frequency of 10 Hz (10 dots/s) on a strip of paper called ticker tape. The air-track will supply air through the apparatus to simulate a frictionless environment, enabling the system of masses to move without an applied force or a frictional force. This experiment will measure the motion of an air cart attached to a known mass by string moving on an air track using kinematics and dynamics concepts. The kinematics concept of uniform accelerated motion and the dynamics concepts of Newton’s Second Law and systems of masses will be used. The equations relating to these concepts are: d âÆ'‘= (v_i ) âÆ'‘t+ 1/2 a âÆ'‘t^2 and F_net=ma âÆ'‘ . The accepted value of acceleration due to gravity is . See more:  Masters of Satire: John Dryden and Jonathan Swift Essay In this activity, an air-cart’s motion will be graphically analyzed. A mass will be attached to the air-cart by a string and hung over pulley with the other end attached to an air-cart resting on a frictionless surface. The study of the motion of the system of masses will be used to determine the velocity of the masses from an analysis of the displacement versus time data. This velocity will then be used to calculate the acceleration of the system of masses and therefore the acceleration due to gravity. A spark timer will mark the motion at a frequency of 10 Hz (10 dots/s) on a strip of paper called ticker tape.

Gdp And Economy Of Less Developed Countries Economics Essay

Gdp And Economy Of Less Developed Countries Economics Essay In the present days world, the economy of less-develop countries is rising. Some people live for their work. Some countries move forward all the time whereas some of them are taking a step backward or staying in the same position as before. What I mean by this is that we have to find equipment for measure domestic economy in each country. Gross domestic product (GDP) measures the output made in the domestic economy, regardless of who owns the production inputs. Furthermore, GDP is the value of net output of the factor of production located in the domestic economy. It can be measured in three equivalent ways: value added in production, factor incomes including profits, or final expenditure. (Begg, Fisher and Dornbusch, 2003:286) Whats more, The evaluation of GDP includes all of changes in market price such as inflation and deflation. In order to abstract from changes in overall price level, another measure of GDP called real GDP is often used. Real GDP is GDP evaluated at the market prices of some base year. For example, if 1990 were chosen as the base year, then real GDP for 1995 is calculated by taking the quantities of all goods and services purchased in 1995 and multiplying them by their 1990 prices. (Cliffsnotes.com, 2009) GDP can define by four parts Market value Securitys last report sale price or its current bid and ask prices. When we measure total production, we must add together the all of productions. In addition, the price as determined by dynamically by buyers and seller in open market also called market price. Final Goods and Services When calculate GDP, we value the final goods and services that are bought by its final user during a specified time period. There are available for purchase by ultimate or intended user with no plan for further physical transformation or as an input in the production of other goods that will be resold. For example, Canon camera is a final good, but a lens of camera is an intermediate good. Produced within a country All Goods and services that are produced within a country, is a part of that countrys GDP. For example, Addias is the German sportswear company that produces t-shirts in Thailand, the market value of those t-shirts is part of Thailands GDP, not part of GDP in Germany. Shiseido, a Japanese cosmetic company, produces some skincare lines in U.S.A, the production of those skincare products is part of GDP in U.S.A, not part of Japan GDP. In a given time period GDP measure the value of production that take place within a specific interval of time. Normally that interval is a year or a quarter but we have no measured GDP per monthly. Furthermore, GDP measures the economys flow of income and expenditure during that interval. The equality between the value of total production and total income is important because it shows the direct link between productivity and living standards. (Parkin, Powell and Matthews, 2008:470) Standard of Living Standard of living using the product or services (level of consumption) by group, the judgment of the observer as presented to what constitutes a high or low scale. The measure most frequently used to estimate standard of living is gross nation income per capita. (Investorwords.com, 2009) So, there are not includes only the equipment articles of consumption but also the number of dependents in the surroundings, family, education, health and social services. On other hand illiteracy, unemployment, low incomes, crowded living condition, drought, war, may bring a drop in the standard of living. For example, industrialized nations tent to have a higher standard of living than developing countries. Besides, Standard of Living, It is also referred to as the level of economic welfare, utility or real income. It refers to the level of material well-being of an individual or household. In economic analysis, the standard of living has been usually held to be determined by the quantities of goo ds and services (including leisure) consumed. (C.S.Nagpal, 2000:324) Real GDP and Standard of living. Economists are required to compare the standard of living between different countries or between difference time periods and estimate the standard of living in a specific year in a particular country by taking the total worth of products and services produced in that country, annually and separating by population. Producing the total value of goods and services is called real Gross Domestic Product, or real GDP. GDP is generally measured in dollars. While the Japanese measure their GDP in yen to dollars. We can trade yen to dollars; we can do such a conversion by using the yen/dollar exchange rate to compare it. When we compare GDP across time, we would like to adjust for inflation, which is a general change in prices. For example, if we produced 100 bags of sugar at a price of $0.50 each last year, and this year we produce 100 bags of sugar at a price of $1.50 each. If we said that our GDP increased three times from $50 to $150 thats mean we were calculating nominal GDP, which is the total dollar value of goods and services. Nominal GDP is a deceptive measure of the standard of living. For the reason that, we produced the same quantities of 100 bags of sugar each year. Whats I mean by this is that real GDP was exactly the same as last year. We adjust nominal GDP for price changes, to arrive at real GDP. We select one year as a base, and we measure price changes relative to that the base year. If last year was the base year, real GDP in the base year was $50. As the price of sugar went up from $0.50 to $1.50, that the price level tripled this year, As a result that our GDP price deflator is 3.0. We can divide nominal GDP in any given year by that years GDP deflator to arrive at real GDP. Hence, we divide $150 by 3.0 to obtain the correct $50 figure for real GDP. Real GDP=Nominal GDP/GDP Deflator Overall, an increase in nominal GDP has two factors. One factor is the increase in real GDP, which raise the average standard of living. The other factor is average inflation, which does not raise the average standard of living. In a financial system with services and goods, the enlargement in the inferred GDP deflator from one year to the next is a measure of average inflation. Inflation is a general increase in the prices of services and goods. Growth in nominal GDP = growth in real GDP plus growth in inflation Averaging standard of living in a country is defined as its real GDP divided by population, or real GDP per capita. This measure of the standard of living is directly related to labor productivity, which is defined as real GDP divided by the total amount of hours worked. Standard of living = real GDP/population Labor productivity = real GDP/hours worked Real GDP/population = (real GDP/hours worked)(hours worked/population) The ratio of hours worked to population the employment ratio. Hence, the standard of living is means to productivity multiplied by the employment ratio. Then, we can increase the standard of living by raising the employment ratio. Nevertheless that is an artifact of the way that GDP only measure goods bought and sold in the market. It does not include vacation and household work. An increase in the employment ratio has to be regarded as a reduction in the quality of life. A good argument can be made that productivity is more closely related to the real quality of life, although the ratio of output to population is commonly used to measure the standard of living. Therefore, it is significant to compare labor productivity across time and across countries than to evaluate the standard of living. In contrast, Employment ratio will mean more people for working-age population to support, if the employment ratio can change because of demographics. The extent output, population and hours work tend to grow geometrically. (Kling Arnold,Ph.D., 2009) Limitations of real GDP when measuring living standard of living Using estimates of real GDP for three main intentions. Economic welfare comparisons over time Economic welfare comparisons across countries Business cycle forecasts Economic welfare comparisons over time Economic welfare is an inclusive measure of the general state of well-being. This will be improve when all the goods and services grows by the production per person. The goods and services that make up real GDP growth are only a part of all items that influence economic welfare. In 2006, because of real GDP growth, real GDP person in the United Kingdom is twice what it was in 1976. But are we twice as well off? (Parkin, Powell and Matthews, 2008:480) It is mean real GDP depends on various factors that are not measured or measured accurate by real GDP. A number of these factors are: Quality Improvements The price indices can measure inflation give an upward-biased estimate of factual inflation. Normally, if we allow too much for rise in price, we take too lightly for growth of real GDP. Household Production The majority of production takes place every day in our home. Washing dishes, using computer and watching television are all examples of the productive activities that not involve market transactions and are not counted as part of GDP. However these activities grew at the same rate as real GDP and these are not measure them would not be problem. Nevertheless it is likely that market production is gradually more replacing household production, which is not part of GDP. Underground Economic Activity The underground economy is out of sight from view by the people operating in it to avoid taxes because the productions are illegal. Whats more, activity is unreported, it is absent from GDP. Health and Life Expectancy A higher real GDP does enable us to spend more on medical research, healthy food, the quality hospital, Leisure Time Leisure time is an economic high-quality that include to our economic welfare. Other factors remaining the same, the better off we are. Working time is valued as a part of GDP, but leisure is not. Environmental Quality Economic influences the quality of environment. Using car, rubbish from industries, the pollution of machine tool. Resources used to protect the environment are valued as a part of GDP. However we are not count the polluted from the atmosphere as a part of GDP. Political Freedom and Social Justice The majority of people evaluate Political Freedom and Social Justice should go to the same direction but in the real situation is not. A country might have a huge GDP but have limited political freedom. On the other hand they might have less social justice. For the example, Chain is the fastest-growing economy but they have limited political freedom. Economic Welfare Comparisons Firstly, the real GDP of one country should be changed into the same currency unit as the real GDP of the other country. Secondly, the same prices must be used to value the good and services in the country being compared. Hence, the real GDP must be use for make international comparisons of economic welfare. However, real GDP comparisons are a major component of international welfare comparisons and two special problems arise in making international comparisons. Business Cycle Forecast If policy makers plan to increase interest rates to slow an expansion that they believe is too strong, they look at the least estimates of real GDP. Business cycles are the irregular fluctuations in total economic activity observed in all developed market economic. Collection economic activity is measure by real GDP, the whole weighted by market prices, of all goods and services produced in an economy. The fluctuation in economic activity measured by real GDP tell business cycle that the economy is in. when real GDP grow, the economy is in a business cycle expansion and when real GDP shrinks, the economy is in a recession. Also, as real GDP fluctuates, so do production ad jobs. But real GDP fluctuations probably exaggerate or overstate the fluctuations in total production and economic welfare. (Parkin, Powell and Matthews, 2008:480-483) How to calculate Nominal GDP and Real GDP Nominal GDP is GDP of country that evaluated at current prices of goods and services. On the other hand, Real GDP is GDP of country that evaluated the value of productions for a given year at base year. For example, an economy producing printers and digital cameras in the year 2005 So, Nominal GDP 2005 = $(P printers * Q digital cameras + P digital cameras * Q printers) *P = Prices, Q = Quantities Table 1.1 GDP Data for 2005 GDP Data for 2008 Item Quantity Price Quantity Price Printers 100 $10.00 150 $30.00 digital camera 150 $30.00 175 $32.00 From the following data in the table 1.1, we can evaluate real GDP by using year 2005 to be as base year So, Real GDP2005 = $ (P2005 printers * Q2005 printers + P2005 digital cameras * Q2005 digital cameras) = $ (10*100 + 30*150) = $ (1,000 + 4,500) = $ 5,500 Then, Real GDP2008 = value of the 2008 quantities at 2005 prices = $ (P2005printers * Q2008printers + P2005digital cameras * Q2008digital cameras) = $ (10*150 + 30*175) = $ (1,500 + 5,250) = $ 6,750 Afterward, Comparing how many percentage that an economy in year 2008 has growth from year 2005 (as base year) So, = $ (6,750 5,500) * 100 = 22.73% $5,500 That is mean, an economy in year 2008, calculated and compared by real GDP measurement, has growth from year 2005 at 22.73 percentages. Generally, higher GDP is seemed to be better than lower GDP because more output produced mean higher potential standard of living. On the other hand, higher GDP doesnt promise that happiness is increasing because GDP often goes up when bad situations happen. For example, this table chart below illustrates the percentages of Singapores GDP and Chinas GDP in 2006-2008. Overall, it is clear that even China has had higher GDP real growth rate than Singapore but Singapore still has had higher GDP per capita than China. That is mean, Singapores standard of living is better than China Standard of living. Table 1.2 Singapore China GDP Real Growth Rate 1.1% (2008 est.) country comparison to the world: 175 7.8% (2007 est.) 8.4% (2006 est.) 9% (2008 est.) country comparison to the world: 16 13% (2007 est.) 11.6% (2006 est.) GDP per capita (ppp) $ 51,500 (2008 est.) country comparison to the world: 9 $ 51,600 (2007 est.) $ 28,500 (2006 est.) $ 6,000 (2008 est.) country comparison to the world: 133 $ 5,500 (2007 est.) $ 4,900 (2006 est.) *note : data are in 2008 US dollar Education expenditure 3.7% of GDP (2001) 1.9% of GDP (1999) Labor force 2.94 million country comparison to the world: 103 807.3 million country comparison to the world: 1 Labor force by occupation: Agriculture: 0% Industry: 27.8% Services: 72.2% Agriculture: 43% Industry: 25% Services: 32% Singapore Overviews Economic Singapore has a highly developed and successful free-market economy. It is an outstanding open and corruption-free situation and a per capita GDP higher than that of most developed countries. The economy depend on export, electrics equipment and information technology products. In 2004 and 2007 real GDP growth at about 7% but decreased to 1.1% in 2008. However, Singapores economy is predictable to go a broad-bases slowdown in 2009. The ministry said in a statement. The economy last saw a full year reduction in 2001 when it shrank 2.4 percent. Singapore, a major trading hub and financial center, has been hit by the sharp slowdown in the United States, Japan and Europe, which has also increased to emerging economic such as China and India. China Overviews Economy Chinas economy in the past 30 years has changed from a centrally planned system that was largely closed to international trade to a more market-oriented economy that has a rapidly growing private sector and is a major player in the global economy. Furthermore, the economy still grew by 9.0% in 2008, the highest growth rate among the major economy in the world. (Central Intelligence Agency, 2009) In that case, Singapore is a small country if you will compare landscape and population with China. However, the table 1.2 shows chinas economy seem to be grew up in last three years ago by real GDP growth rate. On the other hand, Singapores economy fluctuated in the same period times. In fact, these are can not measure or summary that Chinas standard of living is better than Singapores standard of living. And also, we can uses the measuring of GDP per capita, is the excellent system, to evaluate which countries have healthy financial system. When measured at the table chart that found Singapores GDP per capita in 2008 stood at $ 51,500, among the highest in the world. In contrast, Chinas GDP per capita in 2008 stood at $ 6,000. The reasons for this are Singapores standard of living is better than China because Singapores peoples earn more. Therefore, they could spend their money for quality products and services. In conclusion, GDP or Gross Domestic Product is the summary of produced good and services in the country during a given period. Whats more, GDP is measure by using the expense and income totals in the circular flow model of the expense and income. Real GDP or Real Gross Domestic Products is used to compare an economy between countries during times period as a given based year. Furthermore, Real GDP is not perfect interpretation of economic welfare. However, this measurement is rather useful for comparing the standard of living between countries and also providing the history of the economic growth of those countries. Real GDP is showed by the percentage change in the value of production is year base on an average of the prices in the current year and the previous year. On the other, this measurement does not include household and underground production, environmental damage and the value of health, leisure time and political freedom. In addition, Real GDP across a number of years is used for measuring economic growth.

Comparison of Supply Chain Management Practices Essays -- Wal-Mart and

This report provides a comparison of the supply chain management practices of Wal-Mart and Toyota. Comparison was done after researching, examining, and analysing each company’s supply chain management practices, in relation to each company’s values and philosophy. Comparison was done in five sections, by examining strategic alliances, procurement and outsourcing, challenges and risks, sustainable strategies, and efficient supply chains in relation to technology. Additional figures and references used can be found in the appendix and reference list. Comparison of the two supply chain management practices showed that despite being from different industries, with different company philosophies, Wal-Mart and Toyota both have similarities in their supply chain management practices. In particular, the two companies are similar in their responses to challenges and risks faced, as well as the incorporation of sustainable strategies in their supply chain practices, and their usage of technology to increase the efficiency of their supply chains. In conclusion, a number of recommendations are presented for each firm. Wal-Mart is advised to foster a more collaborative supplier relationship, especially with local entities in unfamiliar markets, as well as encouraging suppliers to build more sustainable operations through the research of efficient packaging designs. Recommendations for Toyota include revising contracts and risk management with Toyota’s current and future suppliers for stricter quality control along their supply chain, so as to ensure delivered materials are standardised. Moreover, Toyota could also enter new geographic markets though a strategic alliance with existing companies. By doing so, Toyota is able maintain thei... ..._philosophy/toyota_global_vision_2020.html. Toyota Global. (2013, September). Sustainability Report 2013. Retrieved from http://www.toyota-global.com/sustainability/report/sr/pdf/sustainability_report13_fe.pdf. Trudell, C., & Hagiwara, Y. (2014, April 10). Toyota Recalls More Than 6 Million Vehicles Worldwide. Bloomberg. Retrieved from http://www.bloomberg.com/news/2014-04-09/toyota-recalls-6-76-million-vehicles-worldwide-including-rav4.html. Useem, J., Schlosser, J., & Kim, H. (2003). One Nation Under Wal-Mart. Vitousek, P. M. (1994). Beyond global warming: ecology and global change. Ecology, 75(7), 1861-1876. Waller, M., Johnson, M. E., & Davis, T. (2001). Vendor-managed inventory in the retail supply chain. Journal of business logistics, 20, 183-204. Want, R. (2004). RFID: A key to automating everything. Scientific American,290(1), 56-65.

William Shakespeares A Midsummer Nights Dream Essay -- Shakespeare M

William Shakespeare's A Midsummer Night's Dream In William Shakespeare’s A Midsummer Night’s Dream, there are endless images of water and the moon. Both images lend themselves to a feeling of femininity and calm. In classical mythology, the image of water is often linked with Aphrodite, goddess of passion and love. Born of the foam of the sea, Aphrodite was revered as an unfaithful wife to her husband Hephaestus (Grant 36). This may have a direct coloration to the unfaithful nature of the four lovers, Hermia, Helena, Lysander, and Demetrius, while in the woods. Perhaps more important, however, is Aphrodite’s link to the other Olympian maiden goddesses. As Aphrodite was attributed with love and beauty, Athena was the protector of war and arts, and finally, Artemis was the goddess of the woods and wild things (Hamilton 31). Artemis was brother of Apollo, god of the sun, and therefore she was the goddess of the moon. Through out literature it seems imagery of the moon and water can be used nearly intercha ngeably because they both imply feminine powers; water is representative of life and motion and the moon is representative of Artemis directly. Shakespeare seems to have been quite aware of the duties and powers of this ancient goddess. In many instances, this â€Å"protectress of dewy youth† is equated with other goddesses named Phoebe, Selene, or Luna (Hamilton 32). By any name, however, it is most important to realize the goddesses’ representation of the sky and woodlands. The character or Lysander makes direct reference to the relevance of this goddess in Act I, Scene 1 while talking to his forbidden beloved Hermia: Tomorrow night, when Phoebe doth behold, Her silver visage in the wat’... ...ancient mythology familiar to Shakespeare and his audience. Works Cited Grant, Michael and John Hazel. Who’s Who Classical Mythology Oxford University Press, NewYork: 1993 Hamilton, Edith. Mythology Warner Books, New York: 1942 Hamilton-Parker, Craig. â€Å"Moon† Remembering and Understanding Your Dreams Stearling Publishing Co. Inc., New York: 2000 Shakespeare, William. The Tempest Orgel, Stephen Ed. Oxford University Press, New York: 1998 Shakespeare, William. A Midsummer Night’s Dream The Norton Shakespeare: Comedies Greenblatt, Stephen Ed. W.W. Norton and Company, New York: 1997 Shakespeare, William. A Midsummer Night’s Dream Mowat, Barbra and Werstine, Paul Ed. Washington Square Press, New York: 1993 Thorndike, E.L and Clarence L. Barnhart. â€Å"Lunatic† Thorndike Barnhart Student Dictionary Scott, Foresman and Company, Illinois: 1988: (666)

Poetry and Wright Essay

The poetry of Judith Wright conveys a strong sense of ? Australian Identity’. This is evident though Wright’s strong connection to the sea, using descriptions and personifications of the sea. Wright’s ? Australian Identity’ is firmly established through poetry with her use of ideas that have become synonymous with the Australian stereotype: what people recognise as being uniquely ? Australian’. This includes the description of the stereotypical Australian beach scene and the attitudes shown by the surfer and even the surf in the poem: characteristics recognised as ?  typically Australian’. These features of her poetry have established Wright as a truly ? Australian’ poet. The surf, â€Å"grey-wolf sea† sitting on the â€Å"whitened pebbles and shells† are images that are recognised as Australian and part of the Australian identity. The surfer too is instantly recognisable as typical Aussie character. He is described as â€Å"brown† and he has â€Å"muscle† ? he is the stereotype of the bronzed, muscular surfer. The use of these ideas that have become typically Australian show Judith Wright as an Australian poet which in turn reflects the Australian identity. Judith Wright has a strong connection to the Australian beach, and the ideas she conveys through her poetry are very much steeped in nature. This link to the Australian sea immediately distinguishes Wright as an Australian poet. The Australian connection to the sea and surf is reflected in the repetition of â€Å"muscle† to describe both the surfer and the wave expresses the surfer’s connection to the wave and to nature. This connection is further emphasised by the personification of the wave through â€Å"long muscle of water†. The bond of both the surfer and Wright to the sea defines Wright as Australian and reflects Australian’s strong links to the sea. ?Australian’ traits are not shown only by Wright herself, but by characters in her poems. In The Surfer, Wright uses assonance (â€Å"those† and â€Å"foam†) to describe the wave. This has the effect of creating a long and lazy piece of sound imagery for the reader. The laconic nature of the wave is the same as the typical Australian ? laid back’ spirit giving Wright’s poetry an Australian flavour and such contribute greatly to Wright’s recognition as being an Australian poet.