Assume that the following relationship holds:

Maintenance Costs = (v * Machine Hours) + f

REQUIRED

Estimate the values of v and f and the cost equation, using,

1. the High-Low Method, and

2. the Linear Regression method.

Note, to use the linear regression method, you MUST use the Microsoft Excel program. Please follow the instructions on P.329 of the textbook; DIRECTIONS FOR ADD-Ins: Data Analysis Toolpak.

Make sure to report

1. the values of v and f;

2. a scatter plot of the data points, and

3. the adjusted R-square; explain what the adjusted R-square means.

4. The cost equation in the form of Y = vx + f, substituting the values for v and f from the regression output.

YOUR SUBMISSION MUST BE IN EXCEL. PLEASE INCLUDE AN EXCEL ATTACHMENT OR HYPERLINK! ONE WORKBOOK, WITH A WORKSHEET FOR EACH ANALYSIS (i.e., High-Low Method and Regression Analysis respectively).  

Who is ultimately responsible for setting high quality standards for a business? Choose a company you are familiar with and explain who deserves credit, or takes the blame, when production exceeds (or fails) a high quality standard. Is it fair that they have so much responsibility? Why or why not?

Answer one of these three questions below and support your conclusion by selecting and posting a related Ted Talk you find on YouTube.

Conflicts can occur in any team environment. While business analysis doesn't appear to include conflict management, it must. Describe your current method(s) for resolving conflict. Is it effective? How so? Ineffective? Why?

Joe is a manager in a drug store and he is responsible for setting prices of batteries. He knows the price elasticities of the top 2 brands – Energizer and Duracell – from previous research. They are shown in the table below, in which the column represents the brand with price change. For instance, the number on the top right is the cross price elasticity of the demand for Energizer with respect to the price of Duracell.

The current price and sales are shown in the table

Interpret the cross-price elasticity of 1.3. (2 points)

If Joe wants to increase price of one of the product by 10%, which brand should he increase price in order to achieve greater total profits? Show your work. (6 points)

Answers:

please please do not copy the answer from internet

A capacity alternative has an initial cost of $75,000 and $35,000 salvage value. It creates cash flow (income) of $15,000 for each of the next five years. If the cost of capital is 12 percent (i =12%), what is the net present value of this investment?

Tourism can provide infrastructure to a region or community that may not have access to it. provide two clear example of how and why infrastructure can be improved or built to meet the needs of both tourists and locals?

Care provided in this capacity is done through clinics such as 24-hour urgent care centers and minute clinics provided through local pharmacies or community locations. These facilities increase access to care at affordable rates and in convenient locations. Scenario You are the Director of Human Resources for a small rural care center. Your Care Center Administrator (CNA) visited your office today with some issues regarding the high turnover of CNAs in all seven nursing wings. She has been experiencing this phenomenon with her CNAs the past 3 months, thus decreasing overall patient quality care, along with adversely affecting the labor budget due to numerous call-offs from the CNAs. When added to the high cost of using registered nurses, this is a serious issue. None of her nursing supervisors can explain the reasons for the turnover, but only provide feedback that your organization is hiring the “bad ones.” She is asking for your ideas on how the care center can recruit and retain more talented and devoted CNAs. You perform an immediate cursory assessment of the turnover and determine that, at the current rate, there will be 100% loss/turnover of CNAs this year. This initiates an emergency meeting with the Ad- ministrator, Director of Nursing, the Assistant Directors of Nursing, the Staffing Coordinator/Scheduler, and three charge nurses. The purpose of the meeting is to determine why your facility is losing so many CNAs, especially when compared to similar care centers in the area. Question 1 In your capacity as Director of Human Resources, what steps would you take to determine why the employees are leaving? How will you be able to identify if this is a management issue, labor market issue, compensation issue, or a combination of issues? What questions would you ask team members? Are these questions different for each role? What strategies from the assigned course reading would you implement? Question 2 What questions would you ask team members? Are the questions different for each role? What strate- gies from the assigned course reading would you implement?

The Following are marketing concepts. Describe each of the concepts :

Movement from mass production to customized products

The importance of mission or “knowing what business you are in”

The movement from “hard” to “soft”

Non-linear planning

Intel would like to gain a better understanding of how businesses select PC and network communications products. What type of research design should be adopted?

What is strategy deployment? How does it differ from strategy development?

Action Steel entered into a contract with Systems Builders for the construction of an addition to a commercial building. Systems Builders was the general contractor and agreed to erect a building designed and manufactured by Varco-Pruden. Part of Systems Builders’ contract with Action Steel included an agreement for the parties not to sue each other or any subcontractors or agents if another insurance plan was taken out on neighboring properties or the finished project. During the first winter after construction of the addition was complete, only a few months later, a portion of the building collapsed. Midwestern insured Action Steel under a policy issued after completion of the construction. Subsequently, Midwestern sued Varco-Pruden to recover and won. Midwestern appealed. Was Midwestern a third party to the contract such that it could sue Varco-Pruden? 3 paragrpahs

Please write 500 words to answers the following questions:

What cultural shock issues do you think a US-based expatriate would have with an extended assignment to the countries in your region?

Reverse culture shock? Comment on your research findings.

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Define Activity Based Cost and its impact on profitbility.