I need the technical Feasibility and the Operational Feasibility for one recommendation solution .
A few years ago, Ronald Montgomery founded Cultural Learning
Experiences (CLE), Inc., a small firm in Chicago that organizes and
plans educational trips for faculty and students seeking a unique
learning experience abroad. At first, the company focused mainly on
organising these educational experiences in France and Switzerland,
but as the interest continued to grow, Ronald increased the scope
of operations to include many other countries, including Spain, New
Zealand, Germany, and others.
Ronald has the help of Isabella Aubel (office manager) and two
other employees that help with the day-to-day office tasks. At the
present time, the work processes are entirely manual for this
organization. With the recent growth in the business, it has become
quite challenging for the current workforce to manage all of this
manually. Everything is rather disorganized, with many mistakes
being made with the recording of important information regarding
students and their scheduled classes and locations, for example.
Such errors are adding to the existing inefficiencies, thereby
creating a work. environment that is stressful and hectic. Even
more importantly, customer needs are not being met and customer
satisfaction is at an all-time low. It is, therefore, necessary to
implement a database solution at the present time. It is important
to note that while Ronald intends to eventually automate all
business processes, including payroll and accounts payable, the
more immediate concern is to make certain that efficiencies in data
storage are improved. The database solution should include a
user-friendly interface that allows for entry, modification, and
deletion of data pertaining to students, teachers, and classes, for
example. Additionally, the database solution should be designed to
ensure consistency of data entry (formatting) and should include
enhanced reporting capabilities. Such functionalities should be
considered in order to resolve the problems the company is
currently experiencing. The total amount available to fund this
project is $65,000. It may be possible to expand this budget, if
necessary, but the company is hoping that the project can be
completed with the specified amount. The company currently has only
two computers, both with the Windows 7 operating system and
Microsoft Office Professional 2010 installed. The machine is
currently being used for electronic mail communications and simple
word processing and spreadsheet tasks. It will be necessary to
purchase two additional machines for this office, as Ronald would
like all of his employees to have access to the new database
management system. Ronald is hoping that this database solution
will be instrumental in improving customer relations and employee
morale, as both are critical to the continued success and growth of
his business. With an automated work process, Ronald knows that
efficiencies within the organization will be dramatically
improved.
Cultural Learning Experiences, Inc. is essentially the middleman
between faculty and students & international opportunities to
teach and learn. CLE organises educational trips/programmes for
college students (to take) and college professors (to teach/lead)
in the USA and across the world.
You have been hired to provide them a mean to keep track of the
classes offered in destinations around the world, all of the
students who sign up for a particular class, the professors who are
teaching specific courses, etc. You have several goals that you
want to accomplish with this database. First, you will need to keep
track of all the
students –their studentID number, address, telephone number,
e-mail address, etc. You will need to keep track of faculty members
and their contact information as well.
As students register for classes and pay their registration fees,
the owners of CLE want to be able to record this information
directly in their database. An outside accounting firm handles all
of the billing processes. CLE simply provides this firm with a
physical copy of a report containing the information necessary for
billing. (Your team is responsible for designing this report.) All
payments are made directly to CLE. Beyond the recording of whether
or not the registration fees have been paid, this system should not
be concerned with accounting practices. The recording of all
billing and payment details will be handled outside of the
boundaries of this system. CLE also outsources the marketing
function and provides reports on a regular basis to an outside
marketing firm that seeks to inform potential faculty participants
of the educational trips that are available through CLE and to
increase awareness in general. You should design at least one
report that would provide useful information to this marketing
firm. (You may make assumptions here.)
CLE would like the database to be password protected. Beyond the
creation of these reports, Ronald wants you to focus on making
data-entry as easy and efficient as possible for her staff while
simultaneously ensuring accuracy of the entries. An organised
database, focusing on data-entry and reporting, is essential. (Your
team will need to explore various options within Access that will
allow for this).
In: Operations Management
what are the requirements analysis and the Recommended solution for this case study ?
A few years ago, Ronald Montgomery founded Cultural Learning
Experiences (CLE),
Inc., a small firm in Chicago that organizes and plans educational
trips for faculty and
students seeking a unique learning experience abroad. At first, the
company focused
mainly on organising these educational experiences in France and
Switzerland, but as
the interest continued to grow, Ronald increased the scope of
operations to include
many other countries, including Spain, New Zealand, Germany, and
others.
Ronald has the help of Isabella Aubel (office manager) and two
other employees that
help with the day-to-day office tasks. At the present time, the
work processes are
entirely manual for this organization. With the recent growth in
the business, it has
become quite challenging for the current workforce to manage all of
this manually.
Everything is rather disorganized, with many mistakes being made
with the recording
of important information regarding students and their scheduled
classes and locations,
for example. Such errors are adding to the existing inefficiencies,
thereby creating a
work. environment that is stressful and hectic. Even more
importantly, customer needs
are not being met and customer satisfaction is at an all-time low.
It is, therefore,
necessary to implement a database solution at the present time. It
is important to note
that while Ronald intends to eventually automate all business
processes, including
payroll and accounts payable, the more immediate concern is to make
certain that
efficiencies in data storage are improved. The database solution
should include a userfriendly
interface that allows for entry, modification, and deletion of data
pertaining to
students, teachers, and classes, for example. Additionally, the
database solution
should be designed to ensure consistency of data entry (formatting)
and should
include enhanced reporting capabilities. Such functionalities
should be considered in
order to resolve the problems the company is currently
experiencing. The total amount
available to fund this project is $65,000. It may be possible to
expand this budget, if
necessary, but the company is hoping that the project can be
completed with the
specified amount. The company currently has only two computers,
both with the
Windows 7 operating system and Microsoft Office Professional 2010
installed. The
machine is currently being used for electronic mail communications
and simple word
processing and spreadsheet tasks. It will be necessary to purchase
two additional
machines for this office, as Ronald would like all of his employees
to have access to
the new database management system. Ronald is hoping that this
database solution
will be instrumental in improving customer relations and employee
morale, as both are
critical to the continued success and growth of his business. With
an automated work
process, Ronald knows that efficiencies within the organization
will be dramatically
improved.
Cultural Learning Experiences, Inc. is essentially the middleman
between faculty and
students & international opportunities to teach and learn. CLE
organises educational
trips/programmes for college students (to take) and college
professors (to teach/lead)
in the USA and across the world.
You have been hired to provide them a mean to keep track of the
classes offered in
destinations around the world, all of the students who sign up for
a particular class,
the professors who are teaching specific courses, etc. You have
several goals that
you want to accomplish with this database. First, you will need to
keep track of all the
students –their studentID number, address, telephone number,
e-mail address, etc.
You will need to keep track of faculty members and their contact
information as well.
As students register for classes and pay their registration fees,
the owners of CLE
want to be able to record this information directly in their
database. An outside
accounting firm handles all of the billing processes. CLE simply
provides this firm with
a physical copy of a report containing the information necessary
for billing. (Your team
is responsible for designing this report.) All payments are made
directly to CLE.
Beyond the recording of whether or not the registration fees have
been paid, this
system should not be concerned with accounting practices. The
recording of all billing
and payment details will be handled outside of the boundaries of
this system. CLE
also outsources the marketing function and provides reports on a
regular basis to an
outside marketing firm that seeks to inform potential faculty
participants of the
educational trips that are available through CLE and to increase
awareness in general.
You should design at least one report that would provide useful
information to this
marketing firm. (You may make assumptions here.)
CLE would like the database to be password protected. Beyond the
creation of these
reports, Ronald wants you to focus on making data-entry as easy and
efficient as
possible for her staff while simultaneously ensuring accuracy of
the entries. An
organised database, focusing on data-entry and reporting, is
essential. (Your team will
need to explore various options within Access that will allow for
this).
In: Operations Management
Suppose the incidence rate of myocardial infarction (MI)
was 5 per 1000 among 45- to 54-year-old men in 2000.
To look at changes in incidence over time, 5000 men in this
age group were followed for 1 year starting in 2010. Fifteen
new cases of MI were found
7.12 Using the critical-value method with α = .05, test
the
hypothesis that incidence rates of MI changed from 2000
to 2010.
7.13 Report a p-value to correspond to your answer to
Problem 7.12.
Suppose that 25% of patients with MI in 2000 died within
24 hours. This proportion is called the 24-hour case-fatality
rate.
7.14 Of the 15 new MI cases in the preceding study,
5 died within 24 hours. Test whether the 24-hour casefatality
rate changed from 2000 to 2010.
7.15 Suppose we eventually plan to accumulate 50 MI
cases during the period 2010–2015. Assume that the
24-hour case-fatality rate is truly 20% during this period.
How much power would such a study have in distinguishing
between case-fatality rates in 2000 and 2010–2015 if a
two-sided test with significance level .05 is planned?
7.16 How large a sample is needed in Problem 7.15 to
achieve 90% power?
In: Statistics and Probability
The assets (in thousands) that follow were taken from the September 30, 2018, statement of financial position for Buhler Industries Inc.:
|
Accounts receivable |
$58,272 |
|
|
Accumulated depreciation—buildings |
18,510 |
|
|
Accumulated depreciation—computer equipment |
7,401 |
|
|
Accumulated depreciation—equipment |
54,891 |
|
|
Buildings |
28,556 |
|
|
Computer equipment |
8,437 |
|
|
Equipment |
60,869 |
|
|
Income tax receivable |
2,802 |
|
|
Inventory |
171,612 |
|
|
Investments (non-current) |
5,736 |
|
|
Land |
3,673 |
|
|
Long-term other receivables |
28,413 |
|
|
Prepaid expenses |
2,810 |
(a)
Prepare the assets section of the statement of financial position.(List Current Assets in order of liquidity. List Property, Plant, and Equipment in order of Land, Buildings, Equipment and Computer Equipment. Show all amounts in thousands of dollars.)
In: Accounting
On January 2, 2014, Zamarano, Inc. issued 5,000 10-year, 6%, $1,000 bonds fat par. Interest is paid each December 31. The market rate of interest for non-convertible bonds is 5%. Each bond is convertible into 25 shares of Zamarano $2 Par Value common stock after two years. The market value of the stock on the date of the issue was $45. On January 2, 2018, when the carrying value of the bonds was $4,570,363, all of the bondholders converted the bonds to stock. Zamarano reports under GAAP.
Required:
1) Prepare the journal entry to record the issuance of the bonds.
2) Recompute the interest rate of the bond issue.
3) Record the first interest payment.
4) Record the conversion of the bonds.
In: Accounting
Use this sample of house prices and lot sizes in the Pelham Bay neighborhood of the Bronx from 2018-2019 to answer the questions below.
| price | lot size |
| 490000 | 2503 |
| 512000 | 2483 |
| 345000 | 2500 |
| 508670 | 2900 |
| 550000 | 2513 |
| 300000 | 2513 |
| 995000 | 4950 |
| 920000 | 3135 |
| 470000 | 2375 |
| 450000 | 2375 |
In: Statistics and Probability
PKM Ltd is a private company in Ghana and extracts from its most recent financial statements are provided below: Statement of profit or loss for the year ended 31 March 2017 2018 GH¢ GH¢ Sales 50,000 36,000 Cost of sales (30,000) (24,000) 20,000 12,000 Profit from sale of division - 1,000 Distribution costs (5,300) (3,500) Finance costs (2,900) (4,800) Administrative costs (800) (400) 11,000 4,300 Income tax expense (3,300) (1,300) Profit after tax and for the year 7,700 3,000 Statement of financial position as at 31st March 2017 2018 Assets GH¢ GH¢ Non- current assets Property, plant and equipment 19,000 16,300 Goodwill 2,000 - 21,000 16,300 Current assets Inventories 5,800 3,400 Trade receivables 2,400 1,300 Cash at bank - 1,500 8,200 6,200 29,200 22,500 Ordinary share capital (issued at GH¢1 each) 10,000 10,000 Retained earnings 4,000 3,000 14,000 13,000 Non-current liabilities 10% debenture loan 8,000 4,000 Current liabilities Trade payables 3,100 4,300 Income tax payable 2,700 1,200 Bank overdraft 1,400 - 7,200 5,500 29,200 22,500 The market price per share is GH¢ 2 a) Calculate the following ratios using the information in the financial statements above. i) Operating profit margin ii) Gross profit margin iii) Return on assets employed iv) Debt to equity v) Interest cover vi) Current ratio vii) Quick ratio viii) Price Earnings Ratio iv) Earnings per share b)Comment on the profitability, liquidity, gearing and investment of the company for the two year periods based on the ratios computed above and advice management where appropriate.
In: Accounting
In: Finance
LP2.2 Assignment: Patient Care Partnership
In the past two Learning Plans you've studied various codes that can govern the behavior of healthcare administrators, including the ACHE Code of Ethics, the Patient Care Partnership, and the ethical theorists you encountered in Learning Plan 1. In this assignment, you'll apply the codes and theories you've learned about to the following healthcare management dilemma.
You are the healthcare manager in a university medical center. After an inspection, JCAHO, your accreditor, notes that patient satisfaction surveys give you a low rating. Although your hospital has a great track record for disease detection, treatment, and monitoring, patients routinely rate their experience at and satisfaction with the hospital as low.
In follow-up interviews with patients, JCAHO discovers that patients felt they and their families were not well-informed about upcoming procedures and options. They had a general feeling of uncertainty about their care and treatment. One former patient stated, "The doctor spent more time talking with the medical residents and student nurses than with me!"
Answer each of the following questions in a paragraph of 5-7 sentences (for a total of 4 paragraphs):
Which ethical principles would you apply to this scenario? Which ethical theorists would you use to guide you? Refer to your textbook, putting all direct citations in quotes.
Which parts of the AHA's Patient Care Partnership document would you apply to this scenario? Refer to specific parts of the document, putting all direct citations in quotes.
Which parts of the ACHE Code of Ethics would you apply to this scenario? Refer to specific parts of the document, putting all direct citations in quotes.
Describe an "action plan" to present to the accrediting body (JCAHO) to convince them you're serious about improving your patient satisfaction scores.
In: Operations Management
Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2020.
| Preferred shares, $4.46 non-cumulative, | |||
| 43,000 shares authorized and issued* | $ | 2,752,000 | |
| Common shares, | |||
| 78,000 shares authorized and issued* | 1,248,000 | ||
*All shares were issued during 2018.
During its first three years of operations, Garda World Security
Corporation declared and paid total dividends as shown in the last
column of the following schedule.
Required:
Part A
1. Calculate the total dividends paid in each year to the
preferred and to the common shareholders.
|
Year |
Preferred Dividend |
Common Dividend |
Total Dividend |
|
2018 |
$158,000 |
||
|
2019 |
398,000 |
||
|
2020 |
558,000 |
||
|
Total for three years |
$0 |
$0 |
$1,114,000 |
2. Calculate the dividends paid per share to both the preferred and the common shares in 2020. (Round the final answers to 2 decimal places.)
|
Part B
1. Calculate the total dividends paid in each year to the
preferred shares and to the common shareholders assuming preferred
shares are cumulative.
|
Year |
Preferred Dividend |
Common Dividend |
Total Dividend |
|
2018 |
$158,000 |
||
|
2019 |
398,000 |
||
|
2020 |
558,000 |
||
|
Total for three years |
$0 |
$0 |
$1,114,000 |
2. Calculate the dividends paid per share to both the preferred and the common shares in 2020 assuming preferred shares are cumulative. (Round the final answers to 2 decimal places.)
|
Dividends Paid per Share |
|
|
Preferred shares |
|
|
Common shares |
In: Accounting