SIMULATION 3

Chapter 8

Develop a response in either Word or Excel and follow the instructions outlined in the Assignments Menu for submission.

The following information is available from Jansen's inventory records for Product X:

         A physical inventory on March 31, 2012 shows 1,600 units on hand

         REQUIRED:

         Compute the ending inventory (assuming periodic system) at March 31, 2012, under each of the following inventory methods:

(a) FIFO

(b)   LIFO

Weighted Average

    B. Aber Company manufactures one product. On December 31, 2011, Aber adopted the dollar-value LIFO inventory method. The inventory on that date using the dollar-value LIFO inventory method was $270,000. Inventory data are as follows:

                                         Inventory at                         Price index

            Year                year-end prices                 (base year 2011)

            2012                      $378,000                                  1.05

            2013                         552,000                                  1.15

            2014                         575,000                                  1.25

      REQUIRED:

         Compute the inventory at December 31, 2012, 2013, and 2014, using the dollar-value LIFO method for each year.

Use the confusion matrixes to answer the questions below. Record your answers in a word document. Explain your responses and include screen shots where requested. A 5000 row dataset was used to build a model to predict if a person would accept a marketing offer for a personal loan (Personal Loan = Yes). It was partitioned into Training, Validation, and Test with the model results above.

If you were to decrease the cutoff to 0.3 how would that impact your FP and FN counts. Would they increase or decrease? Would your Model Cost increase or decrease?

Quantitative Reasoning Problem 3

ACC 121

Assignment is to be completed as a Word Document, PDF, or on notebook paper and submitted through Moodle

Assume a company maintains an inventory level of $30,000, meaning the average balance in the inventory records is $30,000. Also assume it’s annual cost of good sold (COGS) is $120,000.

The management is proposing to reduce inventory levels to $15,000 with no impact on cost of goods sold. To do so they propose working with suppliers to get quicker deliveries and to make smaller, more frequent orders.

Required:

Compute the company’s inventory turnover and its days sales in inventory under both current conditions and proposed conditions.

Evaluate and comment on the merits of their proposal given your analysis for part 1. Identify any concerns you might have about the proposal.

c++:

I need #include <iostream> header

A palindrome (Links to an external site.) is a word, phrase, number, or sequence of words that reads the same backward as forward. Punctuation, capitalization, and spaces between the words or lettering are allowed.

Here are some examples of word and phrase palindromes.

Words:

• Civic

• Kayak

• Level

• Madam

• Mom

• Noon

• Racecar

• Radar

• Refer

• Rotor

Phrases:

• Don't nod.

• I did, did I?

• My gym

• Step on no pets

• Top spot

• Never odd or even

• Eva, can I see bees in a cave?

• No lemon, no melon

Your assignment is to create a function that tests whether a string is a palindrome or not.

bool isPalindrome(string phrase)

Your main function should consist of a while loop that calls isPalindrome() until the user exits the program with a Control-D or other interrupt indicator. Your output should prompt for a candidate palindrome and reprint the phrase and let the user know whether the phrase meets the criteria or not. Be sure your output demonstrates various test cases including invalid input.

Hints:

You may want to remove spaces, punctuation, and spaces, then reverse the order of the phrase you are testing, then compare the reversed phrase with the original, to see if it matches.

1. The regular expression (regex), below, will remove spaces, punctuation, etc.

regex regexp("[^a-zA-z]");
string result = regex_replace(phrase, regexp,"");  // remove spaces, punctuation, etc. 

2. You should change the phrase to lower case before you do your comparison. There are several ways to do this. I used the transform, and ::tolower() to accomplish this. You can read up on this option.  

3. The standard library has a reverse function that you can use out of the box, but it reverses the original string. Therefore, before reversing you will want to make a copy of the original and compare the copy to the original. You can use copy() for that purpose. Again, look up and study this function.  

4. There is a method in the string library to compare strings to see if two strings are equal or not. Read up on compare() too.

5. You can optionally use shorthand conditional syntax to print output "true" or "false" in your test results as follows:

(isPalindrome("Sit on a potato pan, Otis") ? "true" : "false")

write a brief, 250-word response to this devotional presentation. Respond to the message addressing the following questions:

How do I bring hope to others?

How do I act as a positive influence and a bearer of hope in my family? At work? At school?

How can I be a more powerful and positive influence in my world?

create a 350 word memo for management
describe the use of internal rate of return, net present value, and payback method in evaluating cash flows.
describe the advantages and disadvantages of each method.
calculate:
1 if you want to accumulate $500,000 in 20 years, how much you need to deposit today that pays interest rate of 15%.

2. what is the future value if you plan to invest $200,000for 5 years and the interest rate is 5%.

3. what is the interest rate for an initial investment of $100,000 to grow to $300,000 in 10 years.

4. if your company purchases any annuity that will pay $50,000 per year for 10 years at 11% discount rate, what is the value of the annuity on the purchase date if the first annuity payment is made on the date of the purchase.

5. what is the rate of return required to accumulate $400,000, if you want to invest $10,000 per year for 20 years. assume all payments are made at the end of the period.

calculate:
the project cash flow generated for project A and project B.

1. which project would you select and why?
2.which project would you select under payback method if the discount rate is 10% for both projects?
Use Microsoft Excel!!!!

Project A:
initial investment is $10,000
year 1 $5,000
year 2 $5,000
year 3 $5,000

Project B:
initial investment is $55,000
year 1 $20,000
year 2 $20,000
year 3 $20,000

Summarize each section in a paragraph in your own word

15.1 The variety of distribution channels and how they affect cost and efficiency in marketing
15.2 The Japanese distribution structure and what it means to Japanese customers and to competing importer of goods
15.3 How distribution patterns affect the various aspects of international marketing
15.4 The function, advantages, and disadvantages of various kinds of middleman
15.5 The importance of selecting and maintaining middlemen
15.6 The growing importance of e-commerce as a distribution alternatives

15.7 The interdependence f physical distribution activities.

The Questions (Submit the below in one Word document please):

How is a Crime different than a Tort?

Compare Intentional Tort and Negligence.

What is the relationship between Breach of Duty and Standard of Care?

In Strict Liability cases, why does the Defendant try to convince the Court that it is a Negligence case and not a case of Strict Liability?

End of Question

Please 300 word no copy and paste

QFD in a Managed Care Organization38 Managed care was introduced in the United States nearly two decades ago as a means to maintain qual- ity while managing costs. A managed care organiza- tion (MCO) contracts with physicians, hospitals, medical equipment companies, and home health agencies to provide services to its members (patients). The MCO markets its services and actively enrolls people. Once enrolled, members receive a handbook that explains how they can access the services offered by the MCO and its affiliated providers. The member handbook has become a main source of information regarding an Each session was facilitated by an independent researcher unaffiliated with the MCO, and each participant was provided lunch as a reward for participating in the study. The six focus groups all followed these steps: 1. Determine customer requirements. 2. Measure the importance of the customer requirements. 3. Rate customer satisfaction with the company’s current member handbook. 4. Rate satisfaction with the competitor’s member handbook. 5. Develop a list of characteristics that are within the control of the company and could poten- tially improve the handbook. These character- istics are referred to as substitute quality characteristics. The QFD process begins by capturing the voice of the customer or the customer requirements. The key customer requirements identified were ease of use, accuracy, timeliness, clarity, and consciousness. The technical requirements that describe how the organi- zation will respond to each of the customer require- ments were identified as follows: • Font size • Up-to-date information • Use of pictures or illustrations • Use of colors • Glossary of terms • Answers to frequently asked questions • Expanded table of contents • Offering the handbook in more than one language After gathering the customer and technical requirements, the MCO determined there was a strong correlation between the substitute quality char- acteristic (technical requirement) of ease of use and the customer requirements of expanding the glossary of terms and the table of contents. Similarly, the fol- lowing substitute quality characteristics had a moder- ate correlation with ease of use: • Font size • Use of pictures or illustrations • Use of colors • A question and answer section • More language friendly Providing updates had a weak correlation with ease of use. The results of the MCO’s QFD study resulted in the House of Quality shown in Figure 7.26. The numbers in the Rate of Importance column indicate the relative importance customers assigned to each requirement. The importance rating uses a numerical scale from 1 to 5, with 1 being low and 5 being high. Members were asked to use such a rating scale during the focus group sessions. Two customer requirements—ease of use and accuracy—were assigned high importance ratings of 4.5 and 5, respectively. The other three customer requirements—clarity, timeliness, and conciseness—received importance ratings of 3.8, 3.2, and 2.5, respectively. The entries in the Company Now column indicate how customers rate the organization’s performance with respect to their stated requirements. This rating is based on a numerical scale from 1 to 5, with 1 being poor and 5 being excellent. The entries in Com- petitor X column represent how the customers rate the chief competitor X with respect to their stated requirements. As is the case in the Company Now col- umn, these ratings are based on a numerical scale from 1 to 5, with 1 being poor and 5 being excellent. According to this study, the chief competitor’s hand- book is outperforming the MCO’s handbook in ease of use, accuracy, and clarity, as perceived by its custo- mers. The Plan column indicates where the company wishes to be with respect to each of the quality requirements stated by its customers. The plan for each requirement is determined by examining the MCO’s position in relation to its competitor(s) and its customers’ rate of importance. It is also based on the organization’s strategic plan. After taking all things into account, the MCO’s QFD team set a goal of achieving a performance rat- ing of 4.5 for ease of use, 4.6 for accuracy, 3.8 for timeliness, 3.9 for clarity, and 4.1 for conciseness. The MCO expects to achieve these levels of perfor- mance the next time its customers are surveyed. The Rate of Improvement column contains the ratio of the company’s goal compared to where the company is today. It is determined by dividing the value in the Plan column by the value in the Company Now col- umn for each requirement. The Absolute Quality Weight is determined by multiplying the rate of importance by the rate of improvement. It is an attempt to assign a weighted rate to what theincreasingly complex array of benefits offered by the thousands of MCOs. Designing the handbook and creating its content are, therefore, important components of any MCO’s business strat- egy. Unfortunately, a member satisfaction survey indi- cated that members have a poor understanding of their benefits. When members are unable to under- stand their benefits, the MCOs’ member services switchboards are inundated with calls, resulting in frustration and anger and further delaying patient access to the MCOs’ services. The MCO receives an average of 3,000 calls per day, with each call lasting an average of 3.2 minutes. Approximately 50 percent of these calls involve issues discussed in the member handbook. The MCO also spends more than $250,000 per year in providing supplemental materials to its members as a result of inadequacies in the member handbook. To improve the handbook and member satisfac- tion, QFD was used to redesign it. The input for the QFD process was obtained through a series of focus groups. A total of 131 MCO customers participated in six focus group sessions. Participants were selected based on two criteria: 1. They had to have been members of a competing MCO—whose member handbook was used for comparison—for at least two years prior to join- ing the MCO being studied. 2. They had to have been members of the MCO being studied for at least two consecutive years. The focus group process was then administered in two stages: Stage 1. Participants were provided with a copy of the company’s member handbook and the competitor’s member handbook. Even though the participants had all used the competitor’s member handbook, it was necessary to provide them with copies to ensure a fair comparison. They were allowed to take both handbooks home for one week to look them over. Stage 2. The groups were brought together for a follow-up session that focused on data collection.customer considers to be important and the goal (value established in the Plan column). The Percentage of Importance was determined by transforming each absolute weight value into a percentage of the total absolute weight value (25.1). After thoroughly looking at what is important to the MCO’s customers, the company’s current perfor- mance, its chief competitor’s current position, and the goal, the MCO determined that accuracy is the most important requirement driving customer satisfaction, with nearly 30 percent of the demanded weight. The figures in the Importance of the Hows row rep- resent the sum of the products of each column symbol value and the corresponding demanded weight. The two most important technical requirements were glossary of terms and updates, with totals of 460 and 427.9, respectively. Each entry in the Percentage of Importance of the Hows row is divided by the sum of all the entries in that row and multiplied by 100 to convert it into a percentage. The Company Now row gives the values of the measurable technical requirements. The QFD team

Please 300 word no copy and paste

1. Although this example of QFD involved the design of tangible items, why is it more difficult to implement in a service context as opposed to a pure manufacturing context? 2. Verify the calculations in the Importance of the Hows row and Percentage of Importance of the Hows row by showing the detailed calculations used to arrive at these figures. 3. What lessons can be learned and applied to other service organizations that se

Write a 2,500 word paper explaining the role of the BAS agent—what a tax or BAS agent must do with regard to preparation and lodgement of BAS and IAS forms. (AUSTRALIAN TAX)

Explain what GST is, how the BAS applies and why it is used.

In the paper answer these questions:

1. What legislation needs to be complied with and what procedures need to be followed to comply with legislation, regulations and the Code of Professional Conduct?

2. What is a tax agent service?

3. What materials or sources will you use to review, interpret and apply legislation related to taxes reported on activity statements?

4. What reconciliation procedures will you follow?

5. How will you identify lodgement schedule requirements and ensure sufficient funds are available?

6. How will you process accounting data to comply with tax reporting requirements?

7. What payroll activities will be reported on and what reconciliation activities will be involved?

8. What forms will be required and how will the BAS and/or IAS be lodged?