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From Communion Toward Synodality: The Ecclesial Vision of Pope Francis and Its Implications for Catholic Higher Education in the United StatesHahn, O.S.B., Michael L. January 2019 (has links)
Thesis advisor: Jane Regan / At the intersection of theology and education, this dissertation investigates the distinctive character of the participation of Catholic colleges and universities in the mission of the Catholic Church. In 1967, less than two years after the final session of the Second Vatican Council, Catholic educators assembled in Land O’Lakes, Wisconsin to discuss the nature and role of Catholic universities in the modern era. While representing a necessary and natural stage of development for Catholic higher education, the Land O’Lakes statement—and, particularly its assertion of “true autonomy”—lacked sufficient theological foundation. In response to perceived abuses stemming from an undue emphasis on institutional autonomy, Pope John Paul II published the apostolic constitution on Catholic universities, Ex corde Ecclesiae (1990). This document proposed an ecclesiology of communion as a more adequate theological foundation. Although communion ecclesiology represented a real advance on several fronts, ultimately, the inability of this theological foundation to resolve challenging issues regarding the distinctive mission of Catholic institutions became evident. Consequently, a more adequate ecclesiological foundation is required. This dissertation proposes that ecclesial synodality, as it has emerged in the papacy of Francis, provides a more constructive ecclesiological foundation for considering the relationship between Catholic higher education and the church. I propose that Catholic colleges and universities can serve as institutions to foster the practice of synodality in the church. / Thesis (PhD) — Boston College, 2019. / Submitted to: Boston College. Graduate School of Arts and Sciences. / Discipline: Religious Education and Pastoral Ministry.
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Net present value analysis of plant investment to add capacityGullickson, Travis R. January 1900 (has links)
Master of Agribusiness / Department of Agricultural Economics / Allen M. Featherstone / Providing a recommendation on whether to make a capacity expanding capital investment in an existing butter plant is the subject of this thesis. This is important as the success of this project will have a significant impact on the future profitability of Land O'Lakes and provide a significant home for its member's milk production.
The dairy industry has undergone change over the past decades. Milk production has moved from the traditional production area of the Upper Midwest to drier, more arid areas such as California. This has led to milk price premiums in the Upper Midwest and since milk is the major input to butter manufacturing, it has become more attractive to produce butter in other areas such as California.
Much of the data collected in review of the industry were obtained from the USDA. This data were used to describe the industry and focus on the number of butter plants over time, the milk productivity per cow, and the total milk production by state. It provides a clear picture of fewer bigger plants, more productive cows, and a dramatic shift in milk production to the West, primarily California.
A Net Present Value (NPV) model is developed to analyze the trade off between the initial capital investment and less costly milk procurement over time. The model also considers maintenance costs, salvage values, plant startup delays, and a one time salvage value gain by shutting down an Upper Midwest plant. After the initial model is developed, sensitivity analysis is conducted, focusing on key variables such as demand growth, and the spread between California and Upper Midwest milk prices.
The conclusion is that additional investment in California butter production would be profitable, earning a positive NPV and an Internal Rate of Return (IRR) greater than the Land O'Lakes cost of capital. The solution is robust as they remain the same even after modeling lower demand and smaller milk price differentials. Therefore, I recommend that Land O'Lakes move ahead with this capital investment.
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