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THE BATTALION Page 13
WEDNESDAY, NOVEMBER 2, 1977
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i nited Press International
LUBBOCK, Tex. — M.M. Ayoub
trying to understand work. The
Texas Tech University industrial
engineer researches ways to match
he physical capabilities of an em-
iloyee with a particular job.
We ve been advocating for many
years that there are right people and
rang people for any job, he said.
If the job requires size, tall, long
P- ID Ireaches ai cl so on that s the kind of
try, dentist individual you put on.
applicants! He said matching workers with
om the pool jobs when they are hired would save
uls, Schroel the cost of retraining employees
schools has! after they found they couldn t per-
as the Da: form the chore.
T). Although developing ways to
tries to mil match physical abilities with jobs
their opii# is
im for advin \
■nt who has! p (
medical scklm,
nt,
still in the experimental stages,
oub is developing criteria the Air
orcecan use in assigning duties to
icn and women.
There are some 300 different
on t try to! jobs within the Air Force. We are
valuatel! ni
atching the type of work with
strength, physical work capacity or
itamina, and size of the individual,
_he ultimate objective being to im-
itive choice) prove human performance and pro
ductivity in blue collar jobs.
As more and more females enter
the armed services, there will be
questions of finding suitable jobs for
males as well as females, Ayoub
id he advil
a curricula b
Hon
ligh
said.
ms
ternational
)rm, describ in
: in 15 yea» he
ing trees *
1 down po<
srous oi
of residents
ge glass plal
Light Builjl
s were
it no one was
mrb ofNev
bble coved!
g pool colb
s scrambk
Battalion photo by Larry Chandler
Basking dragonfly
This dragonfly catches a few rays of sunlight before the winter
chill sets in.
Job roles studied
“In a simple comparison, a
female’s capacity is 60 percent that
of a male when it comes to manual
handling of loads, but females are
better at estimating the amount of
weight they can lift from their past
experiences, Ayoub said. “In jobs
involving dexterity, fine manipula
tion or precision, as in mi
croelectronics, females are better
than males.
Private industry will also be faced
with similar questions as an increas
ing number of women apply for blue
collar jobs traditionally assigned to
men, he said.
Ayotid said the criteria he de-
'elops will be challenged eventually
courts by labor orgainzations. But
said his research is based on
m coast In! physical capacity — not traditional
of up to 11 concepts of male or female work
oot waves, roles.
j, it was om
n California
spotless, iH
summery tf'
ir 80s
mined in efc
>f the Pacii
d travelers i
for the Casci!
le storm’s rai
tow
the Cascai
watches fort
mish and Nd
velocity wil
a pickup tut
oma Narrf
i mashing ii
IcKell, 20.
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Capital cost influence explained
By COLIN CROMBIE
William D. Wooldredge, vice president
of finance and planning of the B. F. Good
rich Company, spoke yesterday to students
of the College of Business Administration.
Wooldredge, the first visiting executive
hosted this year by the department of fi
nance, spoke about the importance of
foreign exchange management and the in
fluence of the cost of capital on capital
budgeting. He also talked about career
development with B. F. Goodrich.
“I’d like to make this informal, he said
as he took off his coat at the beginning of
his presentations. He noted that “real
hospitality sets Texas A&M apart from
other universities and then gave a short
background ofB. F. Goodrich. He pointed
out that the company has progressed from
manufacturing rubber hose to spacesuits
and that it now consists of six divisions.
In his first presentation, he explained
how B.F. Goodrich uses the cost of capital
in its decisions. The cost of capital is the
price that Goodrich must pay to use an
investor’s money. This price compensates
the investor for taking business, financial
and inflation risks, he said.
“People that put money into Goodrich
expect a return for it,” he said.
At B. F. Goodrich the cost of capital is a
pervasive part of the planning process,
which includes strategic planning, money
allocation and appropriation requests to
cover potential financial risks when buying
capital.
“B.F. Goodrich uses the cost of capital
as an underlying concept,” Wooldredge
said.
In his second presentation Wooldredge
spoke about foreign exchange manage
ment which he said is how management
can effectively deal with currency expo
sure.
Currency exposure is the value of as
sets, liabilities, receipts and disburse
ments when they are converted from
foreign currencies to the U.S. dollar.
A currency exposure management sys
tem, Wooldredge said, handles currency,
uses an information system to report the
currency exposure and develops a corpo
rate risk policy.
Goodrich adopted such a management
system about five years ago, he said. The
system, he explained, uses techniques to
limit losses and reduce the risk of currency
exposure.
In concluding yesterday morning’s pres
entations Wooldredge emphasized the
importance of currency exposure manage
ment to a multi-national firm. He said that
monitoring and controlling potential losses
due to shifting currency values is essential
where significant currency exposures are
involved.
In the afternoon Wooldredge spoke
about the B. F. Goodrich financial career
development program. He said that the
idea behind the program is to hire high
potential people, mostly with a master s in
business adninistration, and employ them
for three to five years in meaningful jobs
where they will gain experience.
“We expect these people to move ahead
quickly,” he said, noting that they are
promoted to a competitive executive level
earning between $30,000 and $40,000 per
year.
Having coffee with students and faculty
after his final presentation, Wooldredge
said that he has been with Goodrich for
five yearsi He finds it a fascinating oppor
tunity, he said.
SALE MUST END!!
FINAL PRICE SLASHES
TIME HAS RUN DUT.
Everything is reduced so much
we’re practically going to GIVE IT
Wall ToWall
*
“Mr
I
l
Additional Reduction
Given At
THE ALREADY
LOW SALE TAGS
Cash Register ll ""
You Must See It To Believe It!
Buy at Cost! Buy Below Cost!
WESTERN WEAR HOUSE
__ 100 S. MAIN-DOWNTOWN BRYAN
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