Estimation

Kiandria Grissett Business Math-7 4 / 20 / 2013 Estimation 1. Discuss at least two real creative activity examples in which you use estimation in your daily life. 2. Discuss from your examples how estimating atomic number 50 have cast out effects if you over or chthonic estimated. 3. depend of an example in a real world scenario when a caller or organization might use estimation and have negative or devastating results. One real world example I would give care to discuss is how many minutes it takes me to approach up and be at the marina at 11am. I work on Baldhead Island which mover I have to catch a take to get to work.Each ferry leaves every half hour and not a minute lately and I have to be there before 11am. I usually estimate my time right on point I viewing up at 930 am it usually takes me 20 to 30 minutes or less to take a shower, get dressed, brush my teeth, and do my whisker. I leave my kinsperson no later than 1015 am which puts me at the marina at 1045 am waiting on the boat. Another example that I would kindred to discuss is getting my boyfriend spine and forth to dally when he has it being that he is from another county in the state of North Carolina and it takes us at least an hour and forty-five minutes to get there.When he does have court it usually takes in at 8am. We usually airstream up at 620am (I know we are pushing it on the time) get dresses, feed the dogs and are out getting gas no later than 640am. We make this retentive engender down the interstate driving 80 to 85 miles an hour just to make it to court by roll call provided for some odd earth we always make it on time. Thats what I call replete(p) estimation. Some negative effects when over and under estimating are sometimes had to tell because you never know what may be going on, on the highway.Lets dig into over estimating I think can be a good thing which means you are where you need to be early enough so that you are not rushing. It can also be a bad thi ng because if I leave my house too early and the ferry is running late this means I may have to sit there for three maybe quadruplet hours waiting on a ferry which makes me miss money from work. downstairs estimating is always a bad thing because you really dont want to be late for anything that is important point blank period.Being that I live twenty minutes from the ferry I have to drive thru another town to get to the marina. Sometimes this town is very industrious because they always have cook-offs, parades, and sometimes just job from the outage. So under estimating for me sometimes is a no, no because I never know how traffic is going to be. An real world example scenario being that I am a cosmetologist and I use to work in a hair salon and some specials we use to run were negative because it use to father a lot of business but when the specials were over it was like back to running a slow salon.I think it was devastating to the owner because she was estimating that she h ad a great salon and a good location and it would bring a lot of clientele but because this town is so small I tried to explain to her some of these people dont like to change up their stylist because they have been going to them for a long time. So she estimated by running specials it would bring customers and keep them coming but she was sadly mistaken.