Do you think Latin American countries should give up some sovereign control over their affairs, specifically in regard to in areas such as human rights and the environment, or should countries be allowed to retain their right to self-determination in regard to managing these kinds of issues? Why or why not?
In: Economics
1. In the 19th Century British trading patterns were countries from distant locations such as North America, Latin America, Africa and Asia. Today, most British trade patterns are European countries. Examine the causes of the British changing trade pattern with reference to the Gravity Model.
In: Economics
Describe the life cycle of Rhizopus stolonifer. Include the Class it belongs to and the structures found in their sexual and asexual stages. Name the four (include Fungi imperfecti) classes of fungi we dealt with in the laboratory and describe how these fungi are classified. Include the Latin definition for each of the classes named.
In: Biology
The Boston public school district has had difficulty maintaining on-time bus service for its students. Suppose the district develops a new bus schedule to help combat chronic lateness on a particularly woeful route. After the schedule adjustment, the first 36 runs were an average of 8 minutes late. As a result, the Boston public school district claimed that the schedule adjustment was an improvement—students were late less than 15 minutes. Assume a population standard deviation for bus arrival time of 12 minutes. At a 1% significance level, the decision is to ________.
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reject H0 we can conclude that the average lateness of Boston public school is less than 15 minutes. |
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reject H0 we cannot conclude that the average lateness of Boston public school is less than 15 minutes. |
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Not reject H0 we cannot conclude that the average lateness of Boston public school is less than 15 minutes. |
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Not reject H0 we cannot conclude that the average lateness of Boston public school is less than 15 minutes. |
In: Statistics and Probability
2.In a sample of 15 random people from a small town, the average
salary is $25,778 with a
standard deviation of $11,540. Use a 5% significance level to test
the claim that mean
salary in this town is less than $30,000
In: Statistics and Probability
Consider a plant that pollutes lead into the drinking water of a small town. The town is con- sidering a couple of interventions (i.e. taxation versus regulation) to address this problem. However, they are uncertain about the firm’s cost of reduction. Provide a solution to this problem. How does the policy instrument affect efficiency when cost are unknown.
If Eliza is currently willing to trade 4 loaves of bread for 1 gallon of milk, then she must like loaves of bread better than gallons of milk? Why or why not?
In: Accounting
Erin is a 19-year-old university student in her second year at university. Erin is bright and has always been a high achiever at school, and her parents have been keen to prompt her to follow her dreams and encourage her pursuits. Erin loves cooking for her family, particularly her older brother Josh. In order to achieve the best possible Year 12 score, Erin’s parents decided to move her to a private school for girls that had a good reputation for university acceptance. Erin’s mother took on extra work to pay for the school fees. While Erin was sad to leave her old school and friends, she agreed that this was the best choice for her academically. Things did not go as well as planned, however, and Erin was subjected to distressing bullying from the beginning of Year 12 until she finished the school year. Erin has always been conscious of her health and weight but was targeted because she had ‘fat legs’
and the bullies sent her text messages of ‘fat people’ and memes with derogatory messages about her. Because her parents had made sacrifices for her to attend this school, Erin didn’t want to tell them that she was being bullied, so she kept it to herself. This bullying had a devastating impact on Erin’s self-esteem, and she began dieting. People would comment on how great she looked, so she continued dieting. She felt she had some control over what she ate, and this made her feel better. When her local gym had a special rate for new members, Erin joined. When she wasn’t at the gym, she was studying. Because she was working out so much, and restricting her diet, Erin became seriously constipated. So, she went to her local pharmacy and began buying laxatives. Erin noticed that they helped with her constipation, but they also reduced her weight (Erin would weigh herself daily), so she began taking them all the time. It got to the point where her local pharmacy would not sell them to her anymore, so she began buying them from multiple pharmacies and online. Despite the turmoil at school, Erin did well academically and achieved exceptionally high marks in her final exams. She got her first preference for courses and enrolled in a Bachelor of Dietetics at a well-regarded university. Recently, however, wearing baggy clothing and restricting her food intake has been causing suspicions. Her mother has told her she is too thin, and her brother and father have expressed concern about her –but Erin doesn’t see it this way. When Erin looks in the mirror, she sees the fat girl who was bullied in Year 12. Erin has collapsed at her gym several times, and staff have expressed concern about her weight. Erin worried that as with the pharmacy, she will need to find another gym. At 1.62 cm tall and weighing 41 kg, Erin’s BMI is 15.6.
In: Nursing
What are your thought on female circumcision? What's your opinion on girls who want to get the procedure done in a sanitary environment with anesthesia?
In: Nursing
You are a meeting planner who was just contacted by an out of town client to produce and “Indy 500” high roller party for 500 VIPs at the Sheraton Desert Inn. You are purchasing a band for $3,000. You are estimating your racing flag centerpiece cost (material and labor) to be $20 per table (50 tables). You are renting black and white checked scupltchair covers ($4.95) from a local linen company that will install the covers. You are estimating your dragster car rental fees to be $850.00. You estimate the lights will cost you $1,200, sound will cost you $1,500, and staging will cost you $700.00. All other pieces of the room décor will cost approximately $1,800 for the room décor. You are paying a cost of $400.00 for maintenance and storage for the décor. Your environmental entertainers include two Las Vegas showgirls, four roller blade girls and/or boys, and two pit-crew members, costing you $300.00 each. Each environmental performer will need to be costumed. You are renting the costumes from Williams Costume Shop at $65 per costume. You estimate your tech labor to cost $900.00 You are charging your client a markup of 20% of the estimated charges. After the event: The client had accepted estimated costs as well as your 20% markup. The client had paid you half of the bill as a deposit, and the other half the day of the event. It is now time for you to calculate how much profit you made and compare it to the amount of profit you originally estimated. As you can imagine, the actual profit is not going to be equal to the estimated profit because things change, and mistakes are made during the forecasting process. For instance, the following changes occurred after you submitted your bid to the CEO: The linen company neglected to inform you of the additional $1.50-per-chair installation cost The showgirls cost you $450 each The labor cost was $800. Williams costume shop raised the price of their costumes to $80 apiece However, the showgirl costumes are $150 apiece Lights were $1,100. A $100 pick-up and delivery fee was added to the dragster car rental cost. All other costs were as estimated. Use the following worksheet to calculate the: (B) markup based on estimated total client costs, (C) estimated total client costs, not including markup, (D) actual total client costs, including markup, and € the variance between the estimated total client costs plus markup and actual total clients costs,] including markup ([B+C] – D. Create a spreadsheet a spreadsheet for this analysis.)
A - Description
B- Markup
C- Estimated Total Client Cost
D- Actual Total Client Cost
E - Variance
102 Environmental (Need B, C, D, and E amounts)
200 Decor (Need B, C, D, and E amounts)
In: Accounting
It is late June, and Sandra, head of operations at Mintendo, and Bill, head of sales of We “R” Toys, are about to get together to discuss production and marketing plans for the next six months. Mintendo is the manufacturer of the popular Game Girl hand-held electronic game that is sold exclusively through We “R” Toys retail stores. The second half of the year is critical to Game Girl’s success, because a majority of its sales occur during the holiday shopping period.
Sandra is worried about the impact that the upcoming holiday surge in demand will have on her production line. Costs to subcontract assembly of the Game Girls are expected to increase, and she has been trying to keep costs down given that her bonus depends on the level of production costs.
Bill is worried about competing toy stores gaining share during the Christmas buying season. He has seen many companies lose their share by failing to keep prices in line with the performance of their products. He would like to maximize the Game Girl market share.
Both Sandra and Bill’s teams produce the following joint forecast of demand for the next six months:
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TABLE 1 Demand for Game Girls |
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Month |
Demand Forecast |
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July August September October November December |
100,000 120,000 140,000 160,000 180,000 200,000 |
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We “R” Toys sells Game Girls for $50 apiece. At the end of June, the company has an inventory of 50,000 Game Girls. Capacity of the production facility is set purely by the number of workers assembling the Game Girls. At the end of June, the company has a workforce of 299 employees, each of whom works eight hours of regular time (non-overtime) at $15/hour for 20 days each month. Work rules require that no employee work more than 40 hours of overtime per month. The various costs are shown below:
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TABLE 2 Costs for Mintendo/We “R” Toys |
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Item |
Cost |
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Material cost Inventory holding cost Backlog cost Hiring and training costs Layoff cost Labor hours required Regular-time cost Overtime cost Cost of subcontracting |
$11.55/unit $4/unit/month $10/unit/month $3,000/worker $5,000/worker 0.25/unit $15/hour $22.50/hour $18/unit |
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Sandra, concerned about controlling costs during the periods of surging demand over the holidays, proposes to Bill that the price be lowered by $5 for the month of September. This would likely increase September’s demand by 50 percent due to new customers being attracted to Game Girl. Additionally, 30 percent of each of the following two months of demand would occur in September as forward buys. She believes strongly that this leveling of demand will help the company.
Bill counters with the idea of offering the same promotion in November, during the heart of the buying season. In this case, the promotion increases November’s demand by 50 percent due to new customers being attracted to Game Girl. Additionally, 30 percent of December’s demand would occur in November as forward buying. Bill wants to increase revenue and sees no better way to do this than to offer a promotion during the peak season.
Question: Which option delivers the maximum profit for the supply chain: Sandra’s plan, Bill’s plan, or no promotion plan at all? An Excel file of the S&OP model supporting your conclusion must be submitted to the drop box.
In: Finance