Merrythought is a business that makes teddy bears, located in Ironbridge, Shropshire, in the United Kingdom. The business was founded years ago by Gordon Holmes. It is a private limited company, still owned by the Holmes family and is currently run by Gordon Holmes’s great-granddaughter Sarah Holmes.
The business has approximately 25 employees and does all its manufacturing in England. It makes a large number of different styles of teddy bears, ranging from “traditional British bears, to special occasion bears and various “ novelty’ bears.
In: Operations Management
Deuteronomy 24:14 - Do not take advantage of a hired worker who is poor and needy, whether that worker is a fellow Israelite or a foreigner residing in one of your towns.
Luke 16: 1-14 - (Parable of the Shrewd Manager):
How do Deuteronomy 24:14 and the Parable of the Shrewd Manager (Luke 16: 1-14) provide us with an opportunity to look at subordinate relations from different perspectives? What do the above verses teach us about honesty and fairness in employer-employee relations?
In: Operations Management
1. Does it deviate from culture norms for what is acceptable? 2. Is it maladaptive? 3. Does it cause the individual personal distress or threaten other people? 4. Does it cause discomfort and concern to others? Base on the above criteria, If you think the individual has a disorder, provide a specific possible diagnosis (example, major depressive disorder) . Be sure to explain why you think that is the correct diagnosis. if you think the individual does not have a disorder, explain why you think that is the case.
CASES
1. Aron is a 30-years - old male who is impulsive and irresponsible
but very personable fast-talking . He has shown this pattern since
childhood. Currently he travels around the country wooing single
older women, promising to marry them, and conning them out their
life savings. He shows little concern for these women and can't
imagine how much he has hurt them.
2. Sabi is 34 years old female who reports that she has periods of time where she cannot remember what she has done. She reports that after one such period she received a telephone a call from a man who claimed to have met her in a bar where she was " the life of the party" She also told the man her name was Edna . Sabi thinks this is odd because she does not drink and she is a rather shy retiring person. However, the man had her correct phone number and was able to give a good description of her .
In: Psychology
After graduating from this university you have decided to establish a contractorship company to do some building constructions. Your first job is to construct 10 similar reinforced concrete buildings with four stories each. The total area of all the buildings is 16,000m2 . You can find sufficient number of formwork carpenters to erect any kind of formwork materials. On the market both timber and steel formwork materials are available.
•Make an analysis on which type of materials you are going to buy for that construction job.
•From internet you will find the addresses of formwork materials manufacturers / suppliers and get prices.
•Explain the advantages and disadvantages of buying timber or steel type formwork materials.
•Make an analysis for selection of formwork materials.
•Decide to buy one of them and explain in detail why you have selected that one.
In: Civil Engineering
4- After you graduate from university, you find a job in a company that produces good X. You are working in a competitive market. Your boss asks you to compute the price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, and the price elasticity of supply. The question is: how your boss will benefit from computing each of these elasticities. Explain in detail with an example for each case.
In: Economics
After you graduate from university, you find a job in a company that produces good X. You are working in a competitive market. Your boss asks you to compute the price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, and the price elasticity of supply. The question is: how your boss will benefit from computing each of these elasticities. Explain in detail with an example for each case.
I need the answer minimum 500 words.
In: Economics
Please show work - trying to understand how to do this so I can apply it to other problems.
Both Professor X and Professor Y agree that students who study for their examinations do better than those who do not. Both professors teach the same class, take a careful four level ranking of how hard their students studied and give a very similar examination.
This year the average score in Professor X’s class and the average score in Professor Y’s class by their level of study effort was virtually THE SAME:
Students who studied seriously scored an average of 100 points
Students who studied moderately earned an average of 80 points
Students who studies briefly earned an average of 60 points
Students who did not study earned an average of 40 points
Professor X Professor Y
Class size 100 class size 100
20% of students Studied Seriously 40% of students studied seriously
40% of students studied moderately 40% of students studied moderately
30% of students studied briefly 10% of students studies briefly
10% of students did not study at all 10% of students did not study at all
What is the average score in Professor X’s class? In Professor Y’s class?
What would be the average scores if both Professors had the SAME composition of students (in relation to the level of effort in studying)
In: Math
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 8%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $108 to purchase these supplies.
For years, Worley believed that the 8% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:
| Activity Cost Pool (Activity Measure) | Total Cost | Total Activity | |||
| Customer deliveries (Number of deliveries) | $ | 340,000 | 4,000 | deliveries | |
| Manual order processing (Number of manual orders) | 284,000 | 4,000 | orders | ||
| Electronic order processing (Number of electronic orders) | 266,000 | 14,000 | orders | ||
| Line item picking (Number of line items picked) | 1,175,000 | 470,000 | line items | ||
| Other organization-sustaining costs (None) | 640,000 | ||||
| Total selling and administrative expenses | $ | 2,705,000 | |||
Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $31,000 to buy from manufacturers):
|
Activity |
||
| Activity Measure | University | Memorial |
| Number of deliveries | 12 | 24 |
| Number of manual orders | 0 | 48 |
| Number of electronic orders | 19 | 0 |
| Number of line items picked | 160 | 220 |
Required:
1. Compute the total revenue that Worley would receive from University and Memorial.
2. Compute the activity rate for each activity cost pool.
3. Compute the total activity costs that would be assigned to University and Memorial.
4. Compute Worley’s customer margin for University and Memorial. (Hint: Do not overlook the $31,000 cost of goods sold that Worley incurred serving each hospital.)
In: Accounting
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 5%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $105 to purchase these supplies.
For years, Worley believed that the 5% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:
| Activity Cost Pool (Activity Measure) | Total Cost | Total Activity | |||
| Customer deliveries (Number of deliveries) | $ | 348,000 | 4,000 | deliveries | |
| Manual order processing (Number of manual orders) | 497,000 | 7,000 | orders | ||
| Electronic order processing (Number of electronic orders) | 270,000 | 15,000 | orders | ||
| Line item picking (Number of line items picked) | 1,080,000 | 480,000 | line items | ||
| Other organization-sustaining costs (None) | 630,000 | ||||
| Total selling and administrative expenses | $ | 2,825,000 | |||
Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $37,000 to buy from manufacturers):
|
Activity |
||
| Activity Measure | University | Memorial |
| Number of deliveries | 17 | 26 |
| Number of manual orders | 0 | 49 |
| Number of electronic orders | 16 | 0 |
| Number of line items picked | 100 | 300 |
Required:
1. Compute the total revenue that Worley would receive from University and Memorial.
2. Compute the activity rate for each activity cost pool.
3. Compute the total activity costs that would be assigned to University and Memorial.
4. Compute Worley’s customer margin for University and Memorial. (Hint: Do not overlook the $37,000 cost of goods sold that Worley incurred serving each hospital.)
In: Accounting
Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitals by 6%. For example, if a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospital $106 to purchase these supplies.
For years, Worley believed that the 6% markup covered its selling and administrative expenses and provided a reasonable profit. However, in the face of declining profits, Worley decided to implement an activity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown:
| Activity Cost Pool (Activity Measure) | Total Cost | Total Activity | |||
| Customer deliveries (Number of deliveries) | $ | 352,000 | 4,000 | deliveries | |
| Manual order processing (Number of manual orders) | 308,000 | 4,000 | orders | ||
| Electronic order processing (Number of electronic orders) | 240,000 | 10,000 | orders | ||
| Line item picking (Number of line items picked) | 728,500 | 470,000 | line items | ||
| Other organization-sustaining costs (None) | 640,000 | ||||
| Total selling and administrative expenses | $ | 2,268,500 | |||
Worley gathered the data below for two of the many hospitals that it serves—University and Memorial (each hospital purchased medical supplies that had cost Worley $31,000 to buy from manufacturers):
|
Activity |
||
| Activity Measure | University | Memorial |
| Number of deliveries | 16 | 24 |
| Number of manual orders | 0 | 41 |
| Number of electronic orders | 17 | 0 |
| Number of line items picked | 120 | 210 |
Required:
1. Compute the total revenue that Worley would receive from University and Memorial.
2. Compute the activity rate for each activity cost pool.
3. Compute the total activity costs that would be assigned to University and Memorial.
4. Compute Worley’s customer margin for University and Memorial. (Hint: Do not overlook the $31,000 cost of goods sold that Worley incurred serving each hospital.)
In: Accounting