Questions
Should we ever try to slow down innovation or technological advances? As we've seen throughout the...

Should we ever try to slow down innovation or technological advances?

As we've seen throughout the history of America, the cheaper labor will succeed in automation and innovation creates new jobs. Like we saw in class, most newspapers feared the rise of "robots" or technology as they continually destroyed american jobs. Can we ask american people to stop creating or stop inventing to prevent the loss of jobs? Would becoming stagnant in our business pursuits benefit everyone, the workers, or no one?

In: Economics

Customer service, social media, and innovation strategies are particularly important to managers today. We described specific...

Customer service, social media, and innovation strategies are particularly important to managers today. We described specific ways companies can pursue these strategies. Your task is to pick customer service, e-business, or innovation and find one example for each of the specific approaches in that category. For instance, if you choose customer service, find an example of (a) giving customers what they want, (b) communicating effectively with them, and (c) providing employees with customer service training. Write a report describing your examples.

In: Operations Management

McDonald’s is one of the known fast food organizations around the world. Its corporate culture emphasizes...

McDonald’s is one of the known fast food organizations around the world. Its corporate culture emphasizes human resource development while achieving high levels of efficiency, which have been achieved thorough adopting innovations in almost everything the organization does.

  1. Elaborate on McDonald’s corporate culture and how it affects its innovation (500 words, 50 marks)
  2. Elaborate on the contextual influences on McDonald’s which affect its innovation capabilities and competitiveness (500 words, 50 marks)

In: Operations Management

TRUE OR FALSE QUESTIONS Engagement focuses on team building, and if employees do not feel they...

TRUE OR FALSE QUESTIONS

  1. Engagement focuses on team building, and if employees do not feel they are a part of the organization they will have trouble overcoming complacency.
  2. Extension occurs when product and market competencies are understood sufficiently so that ideas lead to action.
  3. The first question a firm considering an innovation strategy should ask is "should we innovate, or not?"
  4. Aspects of the innovation process may come from different parts of an organization
  5. Process activities are related to how the firm reacts to trying new ideas.

In: Operations Management

The remaining questions in this workbook assignment are based on the following scenario. Information was collected...

The remaining questions in this workbook assignment are based on the following scenario.

Information was collected from a reputable internet site for an investigation into the fuel economy of various makes of car and whether these varied over time. Data was collected for fifteen different models of vehicle from twelve different manufacturers. After collection, the observed vehicle models were classified as sedan, sports or 4WD.
The data for sedans is provided in the file sedan_economy.csv, also available in the same folder as this assignment. The variables in this file are:
decade: the decade in which the car was produced ((1991-2000, 2001-2010, 2011-present);
economy: fuel economy (L/100km);
cylinders: the number of cylinders in the engine;
capacity: the engine capacity (L);
fuel: the fuel type (petrol or diesel);
transmission: the transmission of the car (manual or automatic).

decade

economy

cylinders

capacity

fuel

transmission

1

1991-2000

7.2

4

1.3

petrol

manual

2

2001-2010

6.8

4

1.6

petrol

manual

3

2011+

5.7

4

1.5

petrol

manual

4

2011+

4.9

3

1.0

petrol

manual

5

1991-2000

7.2

4

1.8

petrol

manual

6

2001-2010

7.5

4

2.0

petrol

manual

7

2001-2010

8.4

4

2.0

petrol

automatic

8

2011+

6.4

4

2.0

petrol

manual

9

2011+

6.1

4

2.0

petrol

automatic

10

1991-2000

7.1

4

1.8

petrol

manual

11

1991-2000

7.6

4

1.8

petrol

automatic

12

2001-2010

7.1

4

1.8

petrol

manual

13

2001-2010

7.5

4

1.8

petrol

automatic

14

2011+

7.2

4

1.8

petrol

manual

15

2011+

6.7

4

1.8

petrol

automatic

16

1991-2000

7.2

6

2.8

petrol

manual

17

2001-2010

7.7

4

2.0

petrol

manual

18

2001-2010

7.4

4

2.0

petrol

automatic

19

2011+

6.4

4

2.0

petrol

manual

20

2011+

6.8

4

2.0

petrol

automatic

21

2011+

3.6

4

1.6

diesel

manual

22

1991-2000

6.0

4

1.5

petrol

manual

23

1991-2000

6.1

4

1.5

petrol

automatic

24

2001-2010

7.3

4

1.6

petrol

manual

25

2001-2010

7.5

4

1.6

petrol

automatic

26

2001-2010

4.7

4

2.0

diesel

manual

27

2011+

6.7

4

1.6

petrol

manual

28

2011+

7.0

4

1.6

petrol

automatic

29

2011+

4.3

4

1.8

diesel

manual

30

1991-2000

9.2

6

4.0

petrol

manual

31

2001-2010

10.8

6

4.0

petrol

manual

32

2001-2010

10.3

6

4.0

petrol

automatic

33

2011+

11.3

6

4.0

petrol

manual

34

2011+

10.1

6

4.0

petrol

automatic

35

1991-2000

9.2

6

3.0

petrol

manual

36

1991-2000

9.0

6

3.0

petrol

automatic

37

2001-2010

11.7

6

3.5

petrol

manual

38

2011+

10.3

6

3.7

petrol

manual

39

2011+

10.4

6

3.7

petrol

automatic

40

1991-2000

10.5

8

5.0

petrol

manual

41

1991-2000

11.3

8

5.0

petrol

automatic

42

2001-2010

14.3

8

6.0

petrol

manual

43

2001-2010

14.2

8

6.0

petrol

automatic

44

2011+

11.6

8

6.0

petrol

manual

45

2011+

11.7

8

6.0

petrol

automatic

46

1991-2000

9.8

8

5.5

petrol

automatic

47

2001-2010

14.1

8

6.2

petrol

automatic

48

2011+

9.8

8

5.5

petrol

automatic

The sample averages of fuel economy for manual and automatic sedans in this sample are 7.854 L/100km and 9.09 L/100km, respectively. Based on this, one of the investigators has suggested that it may be possible to predict the transmission type of a sedan from its fuel economy, using a formal statistical analysis.
(a) Using R, create a new variable isauto that takes the value 1 if the transmission type is automatic, or a 0 if the transmission type is manual. You should show the command you used to do this.
(b) You should then fit an appropriate statistical model that describes the probability of a randomly chosen car having an utomatic transmission, where the fuel economy is a predictor. You should ensure you show the command you used to do this, and provide the coefficient/summary table.
(c) Is fuel economy a significant predictor of the probability of a randomly chosen car having an automatic transmission?
(d) Your friend is looking to purchase a sedan with a manual transmission from an online seller, who has not included the transmission type of the car in the advertisement description. However, the seller has stated in the advert that his 60L tank gives a range of 730km. Whether or not you found fuel economy to be a significant predictor in (d), calculate the average fuel economy and hence determine the model estimate of the probability of the car having a manual transmission.

In: Statistics and Probability

Shanghai Enterprises has asked for your assistance in preparing a cash budget for the month of...

Shanghai Enterprises has asked for your assistance in preparing a cash budget for the month of December 2020 and has provided projected sales revenue data below:

Projected sales: October 2020 $144,000

November 2020 $205,000

December 2020   $220,000

All sales are on credit with 65% collected during the month of sale, 18% collected during the month following the sale, 15% during the second month after the sale and 2% uncollectable.

Required:

a) Prepare the cash receipts section of a cash budget for Shanghai Enterprises for the month of December 2020.

b) Explain how Shanghai Enterprises would go about constructing a cash budget for the first three months of 2021. Note that Shanghai plans to purchase a major piece of equipment costing $500,000 in February 2021.

Please solve a and b both as I need help in both the sections. Thanks for the help:)

In: Accounting

Bruzzone industries decided to construct a new plant and began construction on January 1, 2010 and...

Bruzzone industries decided to construct a new plant and began construction on January 1, 2010 and complete construction on January 1, 2012, Assume bruzzone has a weighted average interest rate on their debt of 14% and that total actually interest paid on all existing debt each December 31 is $700,000. Bruzzone had the following expenditures related to the construction.

January 1, 2010 $2,600,000

July 1, 2010 $1,000,000

April 1, 2011 $800,000

What amount of interest will be capitalized for the year 2010?

a) $112,000

b) $434,000

c)$504,000

d) $588,000

e)616,000

f) $658,000

g) 700,000

Assume the amount of interest capitilized during 2010 was $500,000. What amount of interest will be capitalized for the year 2011?

a) $112,000

b) $434,000

c)$504,000

d) $588,000

e)616,000

f) $658,000

g) 700,000

In: Accounting

part a calculate the sample autocorrelation function and provide an interpretation part b construct an individual...

part a

calculate the sample autocorrelation function and provide an interpretation

part b

construct an individual control chart with the standard deviation estimated using the moving range method. how would ypu interpret the chart? are ypu comfortable with this interpretation?

data

2048, 2025, 2017, 1995, 1983, 1943, 1940, 1947, 1972, 1983, 1935, 1948, 1966, 1954, 1970, 2039, 2015, 2021, 2010, 2012, 2003, 1979, 2006, 2042, 2000, 2002, 2010, 1975, 1983, 2021, 2051, 2056, 2018, 2030, 2023, 2036, 2019, 2000, 1986, 1952, 1988, 2016, 2002, 2004, 2018, 2002, 1967, 1994, 2001, 2013, 2016, 2019, 2036, 2015, 2032, 2016, 2000, 1988, 2010, 2015, 2029, 2016, 2010, 2000, 2009, 1990, 1986, 1947, 1958, 1983, 2010, 2000, 2015, 2032

In: Statistics and Probability

On February 1, 2010, Marcos Contractors agreed to construct a building at a contract price of...


On February 1, 2010, Marcos Contractors agreed to construct a building at a contract price of $3,000,000. Marcos estimated total construction costs would be $2,000,000 and the project would be finished in 2012. Information relating to the costs and billings for this contract is as follows:
? 2010?? 2011?? 2012?
Total costs incurred to date?$ 750,000?$1,320,000?$2,300,000
Estimated costs to complete?1,250,000? 880,000?-0-
Customer billings to date?1,100,000? 2,000,000?3,000,000
Collections to date?1,000,000? 1,750,000?2,950,000
Instructions
1. Fill in the correct amounts on the following schedule. For percentage-of-completion and for completed-contract accounting, show the gross profit that should be recorded for 2010, 2011, and 2012.
2. Prepare all entries for 2010, 2011, and 2012 for Marco.
3. Prepare Statement of Financial Position ends of 2010, 2012 and 2011(if any) under Percentage of-completion-method, completed-contract method.

In: Accounting

On February 1, 2010, Marcos Contractors agreed to construct a building at a contract price of...

On February 1, 2010, Marcos Contractors agreed to construct a building at a contract price of $3,000,000. Marcos estimated total construction costs would be $2,000,000 and the project would be finished in 2012. Information relating to the costs and billings for this contract is as follows:

? 2010?? 2011?? 2012?

Total costs incurred to date?$ 750,000?$1,320,000?$2,300,000

Estimated costs to complete?1,250,000? 880,000?-0-

Customer billings to date?1,100,000? 2,000,000?3,000,000

Collections to date?1,000,000? 1,750,000?2,950,000

Instructions

1. Fill in the correct amounts on the following schedule. For percentage-of-completion and for completed-contract accounting, show the gross profit that should be recorded for 2010, 2011, and 2012.

2. Prepare all entries for 2010, 2011, and 2012 for Marco.

3. Prepare Statement of Financial Position ends of 2010, 2012 and 2011(if any) under Percentage of-completion-method, completed-contract method.

In: Accounting