An organisation that runs competitions for young musicians (for example, people who play piano), needs a new system in which to keep track of all the people who want to compete. The following is from their strategic plan, expressing some business needs: We provide a place for young musicians to play to judges who are professional musicians. The young musicians will need to pay a fee (between $5 to $10) to enter one of various competitions. Competitions are offered in different categories such as age, or experience level. We allow them to register their interest at any time during June, but the competition will be in August. We need to receive all payments by the first week of July, otherwise the person cannot perform to the judges in August. A business analyst has come up with the following list of requirements. For each requirement, identify which sentence(s) of the strategic plan would the requirement have a "derives" traceability relationship with (just copy and paste), or else say "none" if the requirement seems not to be derived from the description given above.

Question 17 Not yet answered Marked out of 0.50 Not flaggedFlag question Question text Q10a Requirement 1: "The system must allow people to choose particular competition events to enter"

) A thin, straight wire carrying a current Iw=3.7A runs through the center of a solenoid, as shown below. The solenoid has a radius R=0.12m, a length L=0.9m, and has N=75 turns. A current Is=2.3A flows through the solenoid. An electron is a distance d=0.04m in the y direction from the center of the solenoid and is moving with velocity v=9200m/s in the x direction.

(a) (2 points) What is the magnetic field B⃗s at the location of the electron due to the solenoid. Give your answer in terms of x, y and z components.

(b) (2 points) What is the magnetic field B⃗w at the location of the electron due to the wire. Give your answer in terms of x, y and z components.

(c) (2 points) What is the total magnetic field B⃗ at the location of the electron. Give your answer in terms of x, y and z components.

(d) (2 points) What is the Lorentz force experienced by the electron? Give your answer in terms of x, y and z

3. Show what happens to the Aggregate Expenditures line if the country runs a trade surplus, i.e. draw in a new curve labeled C+I+G+Xn or describe where that new curve goes. (10 points)

4. Mr. A makes $50,000 a year and pays $10,000 in taxes. Ms. B makes $30,000 a year and pays $6,000 in taxes. Find the tax rate and after tax income for each of them. Identify what type of tax this is – progressive, flat or regressive. (25 points)

5. Consumption is $6 trillion, investment is $2 trillion and government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Find net exports and solve for the level of aggregate demand. (10 points)

Geraldine is a kindergarten teacher with 20 stu- dents in her classroom. She runs a number of structured and unstructured activities in the classroom in which the children work individu- ally and in groups. She has found that when the students are in group activities that are less structured (e.g., when engaged in arts and crafts activities around a large table), some students act out. They engage in minor disruptive beha- viors that are reinforced by attention from the other children. Although the behaviors are not  dangerous, they disrupt the class and set a bad example for the other students. Describe how Geraldine could use reprimands effectively to decrease the disruptive behavior.

Max Ltd is involved in furniture business and runs furniture stores successfully in Victoria. Due to the detrimental impact of Covid 19 sales began to drop sharply and company is facing a severe liquidity problems. Management consultant, who advices the company on business matters, proposed them to sell off all shops owned by them and leased out shop to ease off the liquidity issue and run the business profitability. The chairman of Max Ltd is keen on the plan but is puzzled by the consultant’s insistence that all lease agreements for the shops be ‘operating’ rather than ‘finance’ leases.

Meantime, Johnson Ltd agreed to lease 5 shops to Max ltd under the following conditions.

The lease agreements details are as follows:

Chairman of the board directed company accountant to submit a detailed report on the above project.

Required:

1. Explain the difference between a finance lease and an operating lease.
2. Show how to record the lease of the buildings in the books of the Max Ltd in accordance with AASB16 as at 30 June 2021.

FDIC insurance, beginning in 1936, of bank deposits greatly reduced the potential for runs on commercial banks. We did not experience a bank run until the financial crisis of 2007-09. Recessions in the interim period were mild (shorter and less deep) in comparison to the early 1930s and 2000s.

a. Why didn't the presence of deposit insurance prevent the most recent run?

b. What measures did the FED and Treasury Department adopt to cope with this run?

Mattera runs a cafeteria lunch service for their employees. Every Tuesday they offer individual portions of lasagna for $6.50 each. They buy the lasagna from Caitlin’s Kitchen for $4.00 apiece. They have been doing this for years, and history tells them that demand for lasagna follows a normal distribution with a mean of 600 portions and a standard deviation of 150 portions. Any leftovers at the end of the lunch period are sold to a local shelter for $2.00 per portion.

a. What is the probability that the demand for lasagna will be within 20% of expected demand?

b. How many portions of lasagna should Mattera order from Caitlin’s in order to maximize their expected profit?

c. If they order the quantity that you chose in part b, what is the probability that they will run out of lasagna at lunch?

d. Suppose that Caitlin’s production cost is $2.50 per portion. What order quantity will maximize the expected profit for the supply chain (i.e., Caitlin’s and Mattera working together)?

e. What is the minimum buyback price that Caitlin’s could offer Mattera in order to get them to order the optimal number of portions from part c?

Sam runs a factory in a mountain at high altitude where the high wattage electricity infrastructure is lacking. He needs to lease a factory-grade power generator for the year of 2021. Each of Sam’s produced product requires wattages of electricity from the generator. Sam received the following four leasing offers for the generator he needs:

Offer A: Base annual service fee is $1000. Each product Sam produces is charged $1.75 usage fee.

Offer B: Base annual service and including up to the first 500 units Sam produces is $1555. Each additional unit after the first 500 units is charged $2.10 usage fee.

Offer C: Base annual service fee is $2000. Each product Sam produces is charged $0.95 usage fee.

Offer D: There is no base annual service fee. Each product Sam produces is charged $2.95 usage fee.

Sam checks his potential product orders for year 2021 and realizes that he may produce between 175 to 1100 units depending on next year's economy. He receives the following projected probabilities for his four possible 2021 production scenarios:

Probability (Yearly Production of 175 units) = 0.15

Probability (Yearly Production of 400 units) = 0.30

Probability (Yearly Production of 800 units) = 0.45

Probability (Yearly Production of 1100 units) = 0.10

(A-1) What offer should be accepted by Sam according to the expected value approach?

(A-2) Construct a lease payment regret table and report what offer should be accepted by Sam according to the Minimax regret approach.

(A-3) What is the EVPI for this problem?

The organisation that runs competitions for young musicians has had its business processes analysed by the business analyst, and the business analyst is now going to document them using the Business Process Model and Notation (BPMN).

One particular process is daily administration. This occurs at the performance venue. There are several staff involved. One staff member is the Check-In Clerk, who sits at a table near the entrance door. When musicians arrive, they interact with the Check-In Clerk. Another staff member is the Announcer, who walks onto the stage introducing each musician as they are about to perform their music – they run the show. Another staff member is a Secretary who is a helper that walks between different places in the building.

You need to draw a BPMN diagram, including swimlanes, to represent the daily administration process, which involves these steps:

1. At the start of the day, the secretary prints off 2 copies of lists of musicians for all competitions for the day.

2. The secretary gives the lists to the Check-In Clerk

3. When musicians arrive, they report to the Check-In Clerk who asks them to give a photocopy of their music.

4. The Check-in Clerk notes the musician as arrived on both copies of the list of musicians for the relevant competition.

5. At the same time, the Check-in Clerk may receive a phone call from a musician who has to cancel. The Check-in Clerk notes the musician as cancelled on both copies of the list of musicians for the relevant competition.

6. When a list for a particular competition is fully resolved (all musicians are either arrived or cancelled), the Check-in Clerk gives the 2 copies of the list to the Secretary

7. The secretary gives one copy to the Judge, and one copy to the Announcer.

8. When a particular competition has finished, the Judge decides the placings (who to get first place, who to get second place, who to get a third place), and writes this on the list of musicians and gives to the secretary.

9. The secretary returns the list to the Check-in desk, (so that people can view the placings).

Abby runs a printing business and leases a building for which she pays rent of $75,000 per annum. During the year ended 30 June 2020, Abby incurred the following expenses: Painting of the exterior of the building at a cost of $12,000. The original paintwork was peeling and mouldy and didn’t represent the kind of look Abby wanted for her business. Re-surfacing of the dirt carpark with a new non-slip cement to fill in pot-holes and create a safer environment for her customers $8,000 Replace torn awning over the front door for $1,500. The replacement awning was made of the same material as the original awning. Payment of $22,000 for a commercial embroidery machine so that Abby could introduce clothing design and printing into her business. The machine was purchased on 10 February 2020 and installed on 26 February 2020.

Advise Abby if the expenses would be deductible with reference to relevant statute or other supporting documents.