What is the Sweezy oligopoly market structure: a. Identify the optimal price and output to maximize...

What is the Sweezy oligopoly market structure: a. Identify the optimal price and output to maximize profits.

b. Why is the price sticky?

c. Identify the cost of each firm?

In: Economics

A cue ball traveling at 0.60 m/s hits the stationary 8-ball, which moves off with a...

A cue ball traveling at 0.60 m/s hits the stationary 8-ball, which moves off with a speed of 0.20 m/s at an angle of 33° relative to the cue ball's initial direction. Assuming that the balls have equal masses and the collision is inelastic, what will be the speed of the cue ball?

An explosion breaks an object initially at rest into two pieces, one of which has 1.2 times the mass of the other. If 7600 J of kinetic energy were released in the explosion, how much kinetic energy did the heavier piece acquire?

In: Physics

Kirkland's Inc. 1. Describe the core competencies of the organization, and explain how these are or...

Kirkland's Inc.

1. Describe the core competencies of the organization, and explain how these are or are not different from their competitors.

2. Provide an overview of the financial situation. Describe the cost structure of the organization and compare it to its competitors. Select several strategically significant financial ratios for your organization. Explain specifically why each is of strategic relevance. To what extent will the financial situation of the organization help or hinder its ability to maintain what it is currently doing. What does the financial situation of the organization suggest about its capacity to undertake new strategies?

3. Identify and describe 5-8 of the major strengths of the organization. Identify and describe 5-8 of the major weaknesses of the organization.

In: Operations Management

Frank spends a total of $2500 per month on rent for his apartment: he spends $1250...

Frank spends a total of $2500 per month on rent for his apartment: he spends $1250 of his own money and . receive a cash reimbursement of $1250 from his employer. The employer is in the process of adopting a new policy that would provide him a lump sum transfer of $1250, which can be used for housing or other goods. Using a graph, demonstrate whether Frank would prefer the current program, the proposed program, or would be indifferent between the two.

In: Economics

1. A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a...

1. A toy manufacturer uses approximately 32,000 silicon chips annually. The chips are used at a steady rate during the 240 days a year that the plant operates. Annual holding cost is $3 per chip, and ordering cost is $120. Determine the following:

a) The optimal order quantity (EOQ)

b) The number of workdays in an order cycle

2. Determine an A-B-C classification for the following items:

Item

Unit Cost

Usage

K34

$10

200

K35

25

600

K36

36

150

M10

16

25

M20

20

80

Z45

80

200

F14

20

300

F95

30

800

F99

20

60

D45

10

550

D48

12

90

D52

15

110

D57

40

120

N08

30

40

P05

16

500

P09

10

30

In: Operations Management

Marvel Parts, Inc., manufactures auto accessories. One of the company’s products is a set of seat...

Marvel Parts, Inc., manufactures auto accessories. One of the company’s products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for all of its products. According to the standards that have been set for the seat covers, the factory should work 1,000 hours each month to produce 2,000 sets of covers. The standard costs associated with this level of production are:

Total Per Set
of Covers
Direct materials $ 41,400 $ 20.70
Direct labor $ 8,000 4.00
Variable manufacturing overhead (based on direct labor-hours) $ 3,400 1.70
$ 26.40

During August, the factory worked only 1,050 direct labor-hours and produced 2,400 sets of covers. The following actual costs were recorded during the month:

Total Per Set
of Covers
Direct materials (7,500 yards) $ 48,000 $ 20.00
Direct labor $ 10,080 4.20
Variable manufacturing overhead $ 5,040 2.10
$ 26.30

At standard, each set of covers should require 3.0 yards of material. All of the materials purchased during the month were used in production.

Required:

1. Compute the materials price and quantity variances for August.

2. Compute the labor rate and efficiency variances for August.

3. Compute the variable overhead rate and efficiency variances for August.

(Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

Brief Exercise 2-3 T-accounts [LO2-3] The Marchetti Soup Company entered into the following transactions during the...

Brief Exercise 2-3 T-accounts [LO2-3]

The Marchetti Soup Company entered into the following transactions during the month of June: (1) purchased inventory on account for $170,000 (assume Marchetti uses a perpetual inventory system); (2) paid $45,000 in salaries to employees for work performed during the month; (3) sold merchandise that cost $130,000 to credit customers for $225,000; (4) collected $205,000 in cash from credit customers; and (5) paid suppliers of inventory $150,000.

Post the above transactions to the below T-accounts. Assume that the opening balances in each of the accounts is zero except for cash, accounts receivable, and accounts payable that had opening balances of $67,500, $48,000, and $27,000, respectively. (Enter the transaction number in the column next to the amount.)

Cash Accounts Receivable
Beg. bal. Beg. bal.
End. bal. End. bal.
Inventory Accounts Payable
Beg. bal. Beg. bal.
End. bal. End. bal.
Sales Revenue Cost of Goods Sold
Beg. bal. Beg. bal.
End. bal. End. bal.
Salaries Expense
Beg. bal.
End. bal.

  

In: Accounting

(No plagiarism, please) You have just been hired at Starbucks. Your mission is to understand the...

  1. (No plagiarism, please) You have just been hired at Starbucks. Your mission is to understand the Organizational structure and responsibilities of its employees. Based on your understanding, create your own Organizational Chart for Starbucks with the positions below and briefly explain the responsibilities of each position, especially as it relates to Starbucks (1-2 sentences each).

CEO, CFO, Director of Human Resources, Business Analyst Manager, Development Manager, Quality Assurance Manager, Business Analyst, Developer, Tester, Production Manager

In: Operations Management

Q1. What are the key features of Keynesian Economic Systems as a distinct macroeconomic transformation from...

Q1. What are the key features of Keynesian Economic Systems as a distinct macroeconomic transformation from the Classical form of Market Capitalism? Give an example in the context of US economic systems that changed in the 1930s.

In: Economics

1(a) Give a numerical example which illustrates how a country could have absolute disadvantage in the...

1(a) Give a numerical example which illustrates how a country could have absolute disadvantage in the production of 2 goods but could still have a comparative advantage in the production of one of them. Explain!


(b)    Explain how the process of arbitrage could achieve Purchasing Power Parity?

In: Economics

I get an error in my code, here is the prompt and code along with the...

I get an error in my code, here is the prompt and code along with the error.

Write a spell checking program (java) which uses a dictionary of words (input by the user as a string) to find misspelled words in a second string, the test string. Your program should prompt the user for the input string and the dictionary string. A valid dictionary string contains an alphabetized list of words.

Functional requirements:

  1. For each word in the input string, your program should search the dictionary string for the given word. If the word is not in the dictionary, you program should print the message "Unknown word found" to standard output.
  2. After traversing the entire input string, your program should print a message describing the total number of misspelled words in the string.
  3. A dictionary string may contain words in uppercase, lowercase, or a mixture of both. The test string may also combine upper and lower case letters. You program should recognize words regardless of case. So if "dog" is in the dictionary string, the word "dOG" should be recognized as a valid word. Similarly, if "CaT" is in the dictionary string, the word "cat" she be recognized as a valid word.
  4. Within a string, a word is a white-space delimited string of characters. So the last word in "Hello world!" is "world!".

CODE:

dictionary.java

import java.io.*;
import java.util.*;

public class dictionary
{
public static void main(String args[]) throws Exception
{
     
  
   String dString;
   String uString;
  
   Scanner input=new Scanner(System.in);
  
   System.out.println("Enter distionary string :");
  
   dString = input.nextLine();
  
   System.out.println("Enter input string :");
  
   uString = input.nextLine();
  
   String[] dict = dString.split(" ");//split dictionay string and save to array fo string
  
   boolean found = false;
  
   //ieterate over dictionary string array
   for (String a : dict)
   {
       //compare and print message accordingly       
       if((uString.toLowerCase().compareTo(a.toLowerCase())) == 0)
       {
   System.out.println("word found!");
           found = true;
           break;
       }
   }
  
   if(found == false)
   {
       System.out.println("Unknown word found!");
   }
  
  
  
}
}

ERROR:

Main.java:4: error: class dictionary is public, should be declared in a file named dictionary.java
public class dictionary
^
1 error
compiler exit status 1

In: Computer Science

A simple harmonic oscillator consists of a block of mass 3.50 kg attached to a spring...

A simple harmonic oscillator consists of a block of mass 3.50 kg attached to a spring of spring constant 190 N/m. When t = 1.60 s, the position and velocity of the block are x = 0.181 m and v = 3.660 m/s. (a) What is the amplitude of the oscillations? What were the (b) position and (c) velocity of the block at t = 0 s?

In: Physics

What caused the 2008 financial crisis? What do you consider to be the three most important...

What caused the 2008 financial crisis? What do you consider to be the three most important factors? (Describe three and make an argument.) Use Stiglitz and White Reading and PP March 28 – financial crisis.

In: Economics

Swathmore Clothing Corporation grants its customers 30 days’ credit. The company uses the allowance method for...

Swathmore Clothing Corporation grants its customers 30 days’ credit. The company uses the allowance method for its uncollectible accounts receivable. During the year, a monthly bad debt accrual is made by multiplying 2% times the amount of credit sales for the month. At the fiscal year-end of December 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. At the end of 2017, accounts receivable were $584,000 and the allowance account had a credit balance of $48,000. Accounts receivable activity for 2018 was as follows: Beginning balance $ 584,000 Credit sales 2,670,000 Collections (2,533,000 ) Write-offs (44,000 ) Ending balance $ 677,000 The company’s controller prepared the following aging summary of year-end accounts receivable: Summary Age Group Amount Percent Uncollectible 0–60 days $ 395,000 5 % 61–90 days 94,000 14 91–120 days 54,000 24 Over 120 days 134,000 35 Total $ 677,000 Required: 1. Prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. 2. Prepare the necessary year-end adjusting entry for bad debt expense. 3-a. What is total bad debt expense for 2018? 3-b. How would accounts receivable appear in the 2018 balance sheet?

No Event General Journal Debit Credit
1 1 Bad debt expense 53,400
Allowance for uncollectible accounts 53,400
2 2 Allowance for uncollectible accounts 44,000
Accounts receivable 44,000


No Event General Journal Debit Credit
1 1 Bad debt expense
Allowance for uncollectible accounts
Bad debt expense
Balance Sheet (partial)
Current assets:
Accounts receivable (net)

In: Accounting

PRE-LAB QUESTIONS 1. Why is cellular respiration necessary for living organisms? 2. Why is fermentation less...

PRE-LAB QUESTIONS

1. Why is cellular respiration necessary for living organisms?
2. Why is fermentation less effective than respiration?
3. What is the purpose of glycolysis?
4. How many ATP molecules are produced in aerobic respiration? How many ATP molecules are produced during fermentation and glycolysis?

In: Biology