Questions
In developing countries some of the working conditions are poor in comparison to the United States....

In developing countries some of the working conditions are poor in comparison to the United States. Companies such as Nike go overseas to find affordable labor and supply costs. What would you do as a CEO of a company, such as Nike, to aid in improving the welfare of these countries?

In: Operations Management

Compare and contrast direct finance and indirect finance. Give a specific example of each and discuss...

Compare and contrast direct finance and indirect finance. Give a specific example of each and discuss in detail the differences. Which is more likely to have a larger share of the total financial market in a mature economy like the United States? Explain why

In: Economics

Write 1 to 3 paragraphs to discussion this question What labor standards regarding safety, working conditions,...

Write 1 to 3 paragraphs to discussion this question

What labor standards regarding safety, working conditions, overtime, and the like, should Nike hold foreign factories to: those prevailing in that country, those prevailing in the United States, or something in between?

In: Operations Management

Write 1 to 3 paragraph to answer this question: What labor standards regarding safety, working conditions,...

Write 1 to 3 paragraph to answer this question:

What labor standards regarding safety, working conditions, overtime, and the like, should Nike hold foreign factories to: those prevailing in that country, those prevailing in the United States, or something in between?

In: Operations Management

Do you believe the "traditional model" of policing contributed to the deterioration of the relationship between...

  1. Do you believe the "traditional model" of policing contributed to the deterioration of the relationship between police and citizens in the United States during the 1960s. Explain.
  2. How has policing improved? Explain.
  3. Which model fostered this improvement?
    please cite information.

In: Psychology

What is the difference between the color-blind perspective on race and blatant bigotry? How does the...

What is the difference between the color-blind perspective on race and blatant bigotry? How does the color-blind ideology lead to racism evasiveness? Why is it often so difficult to recognize and address racial discrimination in the United States today? v

In: Psychology

PROBLEM In the Hotel management domain, we have the following concepts: Hotel Hotel chain Hotel room  ...

PROBLEM

In the Hotel management domain, we have the following concepts:
Hotel Hotel chain Hotel room      
Reservation Hilton Hilton San Diego Bayfront
Meeting room Ballroom Guest Room
Catering Service Internet Service       TV Service
Guest Parking Service       Item on bill      

You are asked to design a model, using a UML class diagram to relate the abovementioned concepts:

Correctly use UML notations for relations such as generalization, association, aggregation, composition. Be careful to distinguish objects from classes.


You may introduce additional concepts into the picture to make your model more appropriate.
For each Class in your diagram, you should define at least one attribute and one operation.


Use multiplicity whenever appropriate.


Note that if you are not sure about a concept, you should do research on the problem domain.

In: Computer Science

There is a hotel in Imatra (Finland) which is very close to Russian border. The demand...

There is a hotel in Imatra (Finland) which is very close to Russian border. The
demand function of Finnish consumers for this hotel is Q = 1000 - P. The demand
function of Russian consumers for this hotel would be Q = 1400 - P if they had not
travel to Imatra, but they have to travel and cost of travelling is 200. MC of hotel is
200 for one visitor. Find the difference of profits with price discrimination and without
price discrimination.

In: Economics

An amusement park for kids faces a fixed cost of $ 300,000 per month and an...

An amusement park for kids faces a fixed cost of $ 300,000 per month and an average variable cost of $ 12 per visitor. It charges all visitors a flat entry fee of $29 for unlimited rides. This park’s capacity is 50,000 persons per month.

a) What is the breakeven point for this park? What percentage of the capacity refers to this breakeven point?

b) Because of the recent pandemic situation, the government lets the park authorities open the amusement park only with 30% of its capacity. Considering your answer to a, do you think that the amusement park will be able to make any profit? Explain your answer.

c)what is the level of visitors in the percentage of its capacity? where this park maximizes the profit ?

d) The park accommodates 42,000 visitors per month on average. If the variable cost per visitor raises by 28%, what entry fee per person you would propose to the company in order to cover all costs? What is the percentage change of the new breakeven point, if the variable cost increases to $ 18 per visitor?

e) Because of a radical increase in the entrance fee, the park receives 11.500 visitors in a month. If the visitor’s cost increases further by 25% on top of the last increase ($18), do you think that the park will be profitable?

In: Economics

The average annual premium for automobile insurance in the United States is $1485. A representative sample...

The average annual premium for automobile insurance in the United States is $1485. A representative sample of annual premiums for the state of Michigan is contained in the Excel Online file below. Assume the population is approximately normal. Construct a spreadsheet to answer the following questions.

Annual Premium
1931 Sample Size
3150
2376 Point Estimate of Mean (to the whole)
2723
2572 Standard Deviation (4 decimals)
2981
2674 Confidence Coefficient 0.95
2543
2656 Level of Significance
2650
2383 Margin of Error (2 decimals)
2813
2931 C.I. Lower Limit (2 decimals)
2543 C.I. Upper Limit (2 decimals)
2674
2199 National Average for the U.S. 1485
2514
2135 Does the 95% confidence interval for the annual automobile insurance premium in Michigan include the national average for the United States?
2325
2409

a. Provide a point estimate of the mean annual automobile insurance premium in Michigan.

$  (to the nearest dollar)

b. Develop a 95% confidence interval for the mean annual automobile insurance premium in Michigan.

($ ,  $ ) (to the nearest cent)

c. Does the 95% confidence interval for the annual automobile insurance premium in Michigan include the national average for the United States?

_____Yes or No

What is your interpretation of the relationship between auto insurance premiums in Michigan and the national average?

We would be % confident that auto insurance premiums in Michigan are _______(above or below) the national average.

In: Statistics and Probability