Saving the Glaciers

The glaciers have been disappearing from Glacier National Park in Montana and adjoining Waterton National Park in Canada. In 1850, Glacier is said to have had 150 glaciers; in 2006 there were 27. In response to this trend, various organizations petitioned for the parks to be designated endangered by being placed on the danger list of the World Heritage Committee. As one report says,

Endangered status would require the World Heritage Committee to find ways to mitigate how climate change affects the park, [the law professor who wrote the petition] said . . . Better fuel efficiency for automobiles and stronger energy efficiency standards for buildings and appliances are among the ways to reduce greenhouse pollution that contributes to warming, the petition [said].

But some denounced the petition as unnecessary and unsupported by scientific data, while one group of scientists estimated that if climate trends continue, Glacier Park’s glaciers will disappear completely by 2030.

Justify your answers: Suppose the glaciers’ melting would have no appreciable effect on the environ- ment except that they would no longer exist. Would conservationists still be justified in trying to save the glaciers? If so, how could they justify their efforts? If not, why not? Suppose the glaciers could be saved only if the government spends $10 billion on pollution controls—money that would have to be taken away from social programs. Would this cost be worth it? Why or why not? Using the utilitarian Theory

Mini Case Study – Sales and Marketing at the Edgewater Hotel Seattle Set on the Pier 67 in the Seattle Central Waterfront, the Edgewater is one of the most iconic properties in all of the Pacific Northwest. The hotel first opened as a temporary building, meant to attract visitors for the 1962 World's Fair. Today has built a rich history to match its ideal location and luxurious furnishings, but there’s a growing debate among the Sales & Marketing team about the direction of its market positioning. Bob Peckenpaugh, General Manger of the property, needs your help in deciding on their strategy A History of Rock ‘n Roll The Edgewater became famous both inside and outside of Seattle for hosting some of the biggest names in music. During the height of the “British Invasion” of America, the Beatles helped put the Edgewater on the map. A few months after the Beatles famous set on the Ed Sullivan Show, the Beatles spent the third stop on their first tour of America at the (then named) Edgewater Inn. Seattle hotel owners were afraid of riots and damage from a visit, so Don Wright, then Manager of the property took them in as he knew they would get a lot of attention for the Edgewater Inn. He was right.

1. Who do you think are the customers of Edgewater today? Does that align with the product?

2. What approach option do you think that Bob should take? Why is that the right approach or why are the other options the wrong approach?

This is for a hotel that would be located in the University of the Virgin Islands

Section VI: Marketing Strategies

Unit-level goals and strategies

A.        Marketing: At least five items need to be identified as part of the Marketing Strategy

1. Target market: should identify the primary customers of the business. This should include demographics including age ranges, socioeconomic status, customer locations.

2. Product mix strategy: this should consist of a description of the services offered at Lovango Key Resort. Current and Future. If you are not sure, research product mix.

3. Pricing strategy Pricing strategy should follow the product strategy. Thus, your work must state if the prices are higher, lower, or match the competition. You must defend your strategy as to why you have chosen this strategy. Be articulate.

4. Promotion and selling strategy: The promotion strategy is one key part of the overall marketing strategy. What promotional strategy will be developed? What is the recommended budget for advertising and other promotional activities. State what the promotional activities are planned. State what media you may plan for. How much does this cost per event? (hint, you must research costs. BE SURE TO CITE YOUR WORK and RESEARCH). It may be good to create a 1 year promotional plan to insert as part of this section of the strategic plan.

5. Service Strategy: Service strategy should be strait forward and outline the day-to-day service policies. This section should focus on the degree of service.

The maintenance manager at a trucking company wants to build a regression model to forecast the time (in years) until the first engine overhaul based on four explanatory variables: (1) annual miles driven (in 1,000s of miles), (2) average load weight (in tons), (3) average driving speed (in mph), and (4) oil change interval (in 1,000s of miles). Based on driver logs and onboard computers, data have been obtained for a sample of 25 trucks. A portion of the data is shown in the accompanying table.

a. For each explanatory variable, discuss whether it is likely to have a positive or negative causal effect on time until the first engine overhaul.

The effect on time is either Positive or Negative! Fill them in below.

b. Estimate the regression model. (Negative values should be indicated by a minus sign. Round your answers to 4 decimal places.)

TimeˆTime^  = ________+_______ Miles +_______ Load + ________ Speed + _______ Oil

c. Based on part (a), are the signs of the regression coefficients logical?
The below signs will be filled with the word logical or not logical!

d. What is the predicted time before the first engine overhaul for a particular truck driven 57,000 miles per year with an average load of 18 tons, an average driving speed of 57 mph, and 18,000 miles between oil changes. (Round coefficient estimates to at least 4 decimal places and final answer to 2 decimal places.)

Excel data:

Don't care how you solve as long as answers are correct. I will like for it being correct!

Your small biotech firm operates a fleet of two specialized delivery vans in Chicago. As a policy, your firm has decided that the operational life of a van is 3 years (a cycle), and both vans are purchased at the same time to receive discounted fleet pricing. The driving demands placed on the vans are uncertain, as are the maintenance costs, and each van is different in its use, demand, and costs. In the past, the firm has been surprised by unexpectedly high (and low) maintenance costs associated with the vans; thus, it is important to analyze the potential of cost variation and to use this information in the annual-budgeting process. You decide to model the arrival of failures (breakdowns of the van) that lead to maintenance costs—each failure has a cost.

You and your staff decide that the model should be simple, but that it should reflect reality. The model should also determine the variation in maintenance costs for 3-year cycles of vehicle use. To determine maintenance cost, you assume the following: 1) Miles Demand for each van is randomly selected from a defined probability distribution (Table 1) for each year of operation; thus, 3 Miles Demand (one for each year) for each van in a cycle. 2) Once the Miles Demand is known, a Yearly Failure Rate is determined (Table 2). This is a Poisson-average yearly arrival rate and a Poisson distribution with this arrival rate is then sampled to determine Actual number of Failures. 3) Each failure arrival is assigned a randomly selected cost from a set of normally distributed costs (Table 3). Finally, costs are aggregated for all vans over the 3 year cycle (an experiment) and many trials are simulated to create a risk profile for total 3-year maintenance cost.

a) Create a Monte Carlo simulation that simulates the 3-year cost of maintenance for the fleet. A suggested structure is provided to simplify your efforts. Simulate 5000 trials (experiments).

b) Provide the risk profile for the model in (a), along with the summary statistics—mean, standard deviation, and 5th and 95th percentile.

c) Calculate the 95% confidence interval for the mean of the simulation.

d) What is the value ($ reduction in cost) that you would derive if you could reduce the Yrly Fail-Rate by 1 for all Miles Demand for Van 1, through a preventative maintenance program? For example, in table 2 the rate for 25000 would change to 1, the rate for 40000 would change to 2, etc. Produce the new Risk Profile and determine the new summary stats.

e). How much would you budget for the 3-year maintenance cycle to meet up to 90% of the maintenance costs?

PLEASE LIST STEP-BY-STEP PROCESS FOR BUILDING THIS TABLE. THANK YOU SO MUCH!

How do I convert 60 miles per hour to SIU?

A meteorologist was interested in the average speed of a thunderstorm in his area. He sampled 13 thunderstorms and found that the average speed at which they traveled across the area was 15 miles per hour with a sample standard deviation of 1.7 miles per hour.

Assuming the speed of a thunderstorm is approximately normal, construct a 99% confidence interval for the true average speed of a thunderstorm in his area.

Question

How would I enter this into a TI84 calculator?

Will upvote best answer. Please show work. Thank you!

The average gas mileage of a certain model car is 28 miles per gallon. If the gas mileages are normally distributed with a standard deviation of 1.5, find the probability that a car has a gas mileage of between 25.8 and 29.3 miles per gallon.

a. 0.18

b. 0.20

c. 0.15

d. 0.26

e. 0.48

f. 0.74

g. None of the above

3. The distances traveled by individuals to work is exponential, with a mean of 9 miles.

(a) What is the probability that they travel between 5 and 11 miles? (2)

(b) What is the 80^th percentile of this distribution? (2)

4. The annual number of crimes in a city has a normal distribution, with mean 200, and standard deviation 42.

(a) What is the probability of less than 150 crimes next year? (2)

(b) What is the 75^th percentile of this distribution? (2)

ABC Delivery Company purchased a new delivery truck on January 1 with an original cost of $50,000. The company estimates it will use the truck for 5 years and drive a total of 100,000 miles. It plans to sell the truck at the end of the five years for $5,000. During the first year, the truck was driven 15,000 miles. What is the depreciation for the first year using the DoubleDeclining Balance method?