Archive:November, 2010

November 29th, 2010

Talking to Your Bo$$: Operating Costs

By Teresa Jurgens-Kowal | Comments (0)
R
This entry is part 3 of 8 in the series Talking to Your Bo$$—The Economics of Engineering

If you’re a chemical engineer and want to discuss operating costs intelligently with your boss, you’ll need to understand a number of financial concepts, including gross margin, cost of goods, depreciation, allocation, and capital investment.

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November 29th, 2010

The Utility Blues: Baby, Where Has All That Sweet Potable Water Gone?

By Kent Harrington | Comments (4)
london waterdrop 800px-Water_drop_001

Water stress has just entered the urban-diagnostic-lexicon (“white flight” so last century, “nanny-cams” so last decade, “down market lifestyle drift”—that was a quick year): now, an inability to meet a city’s water needs has stealthly shifted from distant arid nations to parched urban centers. Typical income and performance status-anxieties now seem […]

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November 25th, 2010

The Chemistry of Thanksgiving

By John Vasko | Comments (0)
chemistry behind thanksgiving

There’s a lot of chemistry behind any dinner but last year the American Chemistry Society (ACS) put together this excellent video that features Diane Bunce, Ph.D., presenting The Chemistry of Thanksgiving to her students at The Catholic University of America (CUA) in Washington, D.C. Bruce is also an a associate […]

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November 24th, 2010

How much of your Thanksgiving Dinner is genetically modified?

By John Vasko | Comments (2)
Click this image to see PopSci's Photo Gallery

Tomorrow is a favorite American holiday among many and as we all know, the central theme is FOOD. How much of the food we eat on Thanksgiving has been influenced by science and chemistry? PopSci has put together an interesting photo gallery reviewing the genetic modification of the Thankgiving Dinner—everything […]

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November 23rd, 2010

And the Winner Is … [Quick Post]

By admin | Comments (0)
[caption id="" align="alignleft" width="142" caption="Bhanukiran Sunkara"][/caption]

Attendees of the 2010 AIChE Annual Meeting who visited the exhibit area had an opportunity to win airfare to the 2011 Annual Meeting in Minneapolis, MN.

Bhanukiran Sunkara, a graduate student at Tulane University ,was selected as the winner. Congratulations to Bhanukiran.

See […]

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November 23rd, 2010

Talking to Your Bo$$: Cash Flow Statements

By Teresa Jurgens-Kowal | Comments (0)
women calculating
This entry is part 2 of 8 in the series Talking to Your Bo$$—The Economics of Engineering

In the last few posts, we’ve talked about various Financial Statements that companies are required by law to prepare and share with stockholders and government agencies. Your bo$$, of course, shows sensitivity to operating and production costs because he or she wants these Financial Statements to be favorable. In particular, in the last blog, we discussed Income Statements at length.

Do you think if a company shows a positive Net Income that they are free of all financial trouble?

A Cash Flow Statement, like the Income Statement, shows changes in money flow during a specific period of time: a month, quarter, or year, for example. (You’ll recall from an earlier post that the Balance Sheet is a snapshot in time, showing a “material balance” of Assets against Liabilities.) Cash Flow is easy to calculate.

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November 23rd, 2010

MIT Researchers Find a Greener Way to Grow Carbon Nanotubes

By Kent Harrington | Comments (4)
nanotube cooker450px-PICT0111

Microprocessors are still years away from peaking, and already we’re rushing into a new age of invention. We embrace nano-technolgy’s most elegant component, the carbon nanotube and its rigorous atom lattice, to fulfill America’s sense of unlimited possibility. Back to the future to President Kennedy’s and Gene Roddenberry’s New Frontier—this time, beaming down to micro […]

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November 22nd, 2010

Snapback Hats – The Leading Choice of Celebrities

By Robert Szczesniak | Comments (11)
bitchu-Takahashi Japan

New Era snapback hats is a firm with a very abundant history that goes back to New York in 1920. New Era snapback hats are the only snapback hats used by players in the MLB and minor leagues and also is the top selection of the NHL, NBA, and the majority of major universities in the United States.

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November 19th, 2010

Kristine Chin interviews Ann Lee and Jean Bender of Genentech

By John Vasko | Comments (0)
Ann Lee Jean Bender

The recipient of this year’s Corporate Innovation Award is Genentech. Ahead of their award lecture, Dr. Ann Lee, senior vice president and head of global technical development for Roche and Jean Bender, Ph.D. and principal engineer at Genentech, had a few minutes to sit down with manager of technical programing for AIChE, Kristine Chin, to chat a bit about Genentech. You can watch this interview in the video panel on the right.

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November 18th, 2010

Congratulate Elizabeth Horahan—Featured YP for November 2010

By John Vasko | Comments (7)
HorahanYP

Upon moving to the Lehigh Valley in Pennsylvania after graduating from college, Elizabeth reached out to the organizations in which she participated in school as a way to meet new people and become grounded in her new surroundings. Elizabeth joined the Lehigh Valley section of AIChE and currently holds the […]

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