A panel of three high school teachers at Rippowam High School had been convened by the principal to make a most important decision. A local company was willing to award a $10,000 college scholarship to "the most outstanding senior" in the class, with the recipient to be determined by the high school. Walter Plant, Sandra Meltzer, and Jerry Driscoll were given the assignment to select the scholarship recipient. They agreed to meet at 2:30 to discuss their assignment. Driscoll opened the meeting: "I wish we had more to go on than what they gave us. A student can be 'outstanding' in many ways." "Well, I assume grades are the most important factor," said Meltzer. "Why don't we start out with the ranking of all students based upon their grade-point averages. I'd be hard pressed to award $10,000 to any student other than the class valedictorian." "I don't think it’s that easy," continued Plant. "I am far more impressed with a student who gets a B+ in honors physics than someone who gets an A in basketweaving. While a student's grade point average is certainly a good measure of their academic accomplishments, it's tainted by the difficulty of the courses taken." "That's not the only problem with the grade point average," Driscoll warned. "I've got some students in my homeroom who will graduate with the minimum number of hours, and I've got some others who branched out and took more than the minimum. I think we should give some consideration to the total number of hours taken in the curriculum." A deep frown appeared on Plant's face. "I don't see why we should penalize the student who did only what was required by the school. We specify what is needed for graduation, and the students have to comply. While I never encourage a student to stick to the minimum, I don't think we should devalue their performance for having done so." "Maybe we're getting too hung up with grades and hours," said Meltzer. “Suzanne Millord won first prize in the regional science fair competition. Shouldn't something like that count too? I'm more impressed with that than an A in any class." "You know," Plant commented, "we are forgetting about some other things too. How about civic activities, such as participation in student government or interest clubs? We encourage student involvement in these activities to make for a more well-rounded education. I don't feel we should ignore them when it comes time to make an award." "I feel those activities have their own rewards," said Driscoll. "We want to give this scholarship to the best student, not the most socially active one." "While we're at it," mused Plant, "how about athletic participation? We also stress physical education as well as social and intellectual development. Maybe we should also include interscholastic athletics. We've got some outstanding athletes in this school, and who’s to say that 'most outstanding' can't be defined in terms of athletics?" "I hardly think this was designed to be an athletic scholarship," Meltzer grumbled. "If you want to make it more complicated, why not throw in financial need; $10,000 is a lot of money, and some families could use it more than others." Driscoll stared out the window. He knew it would be a long afternoon

Would the criteria for selecting the "most outstanding student" be more biased or less biased by the inclusion of financial need? Why?

If you had been invited to this meeting, what suggestions would you make to help the teachers reach a decision? Use your lecture notes to give suggestions to improve the process based on principles of I/O?

The bearing capacity of a pad foundation can be calculated using the formula given by:

qf = cNcscic + gDNqsqiq + 0.5gBNgsgig

Consider a shallow foundation with dimensions equal to 3 m x 4 m. The foundation will need to be placed on soil found in-situ which is a firm, saturated clay (gsat = 19.5 kN/m3) layer extending to considerable depth with the following geotechnical properties:

c’ = 10 kPa

f = 35o

Assume that there is no ground water level observed from ground investigation reports.

a) What is the foundation depth required to achieve a minimum bearing capacity of 4500 kPa?

b) Assume that the ground water level is likely to raise up to the ground surface (due to heavy rain during winter). If the requirement of a minimum bearing capacity equal to 4500 kPa is maintained, what would be the minimum area required for a square footing founded at the minimum depth found in part (a) for this new conditions during winter?

c) How would you expect this foundation to fail? Explain the reason for your comments.

d) Briefly explain three (3) different methods that can be used to increase bearing capacity in soils.

(

Conch Republic Electronics is a mid sized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company. When it was founded over 70 years ago, the company originally repaired radios and other household appliances. Over the years, the company expanded into manufacturing and is now a reputable manufacturer of various electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company's finance department. One of the major revenue-producing items manufactured by Conch Republic is a personal digital assistant (PDA). Conch Republic currently has one PDA model on the market, and sales have been excellent. The PDA is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current PDA has limited features in comparison with newer models. Conch Republic developed a prototype for a new PDA that has all the features of the existing PDA but adds new features such as cell phone capability. The company has performed a marketing study to determine the expected sales figures for the new PDA. Conch Republic can manufacture the new PDA for $200 each in variable costs. Fixed costs for the operation are estimated to run $4.5 million per year. The estimated sales volume is 70,000, 80,000, 100,000, 85,000, and 75,000 per each year for the next five years, respectively. The unit price of the new PDA will be $340. The necessary equipment can be purchased for $16.5 million and will be depreciated on a 5 year straight-line schedule. Net working capital investment for the PDAs will be $6,000,000 the first year of operations. Of course NWC will be recovered at the projects end. Conch Republic has a 35 percent corporate tax rate and a 12 percent required return. Shelly has asked Jay to prepare a report that answers the following questions: 1. What is the IRR of the project? 2. What is the NPV of the project, based on the required rate of return of 12%?

ACADEMIC FREEZE

EXPLAIN THE MORAL CONTEXT, THE PURPOSE And the CONSEQUENCES OF IMPOSING ACADEMIC FREEZE THIS SCHOOL YEAR?

EXPLAIN THE MORAL CONTEXT, THE MOTIVE AND THE ACT OF NOT IMPOSING ACADEMIC FREEZE THIS SCHOOL YEAR?

Thankyou. Essay type

I am a doctorate student (Educational Leadership) taking a course in School Finance.

Please give me questions that I can ask in an interview with a CFO/Treasurer of a school or university finance officer.

Thanks.

Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelly Couts, who inherited the company. The company originally repaired radios and other household appliances when it was founded more than 70 years ago. Over the years, the company expanded, and it is now a reputable manufacturer of various specialty electronic items. Jay McCanless, a recent MBA graduate, has been hired by the company in its finance department. One of the major revenue-producing items manufactured by Conch Republic is a smartphone. Conch republic currently has one smartphone model on the market and sales have been excellent. The smartphone is a unique item in that it comes in a variety of tropical colors and is preprogrammed to play Jimmy Buffett music. However, as with any electronic item, technology changes rapidly, and the current smartphone has limited features in comparison with new models. Conch Republic spent $1.2 million to develop a prototype for a new smartphone that has all the features of the existing one but adds new features such as Wifi tethering. The company has spent a further $250,000 for a marketing study to determine the expected sales figures for the new smartphone. Conch Republic can manufacture the new smartphone for $210 each in variable costs. Fixed costs for the operation are estimated to run $5.3 million per year. The estimated sales volumes are 64,000, 106,000, 87,000, 78,000, and 54,000 per year for each of the next five years, respectively. The unit price of the new smartphone will be $515. The necessary equipment can be purchased for $38.5 million and will be depreciated on a seven-year MACRS schedule. It is believed the value of the equipment in five years will be $5.8 million. Net working capital for the smartphones will be 20 percent of sales and will occur with the timing of the cash flows for the year (i.e., there is no initial outlay for NWC). Changes in NWC thus will occur first in year 1 with the first year’s sales. Conch Republic has a 22 percent corporate tax rate and a required return of 12 percent. Shelly has asked Jay to prepare a report that answers the following questions:

10) How sensitive is the NPV to changes in the price of the new smartphone?

11) How sensitive is the NPV to changes in the quantity sold?

12) Should Conch Republic produce the new smartphone?

Here are summary statistics for randomly selected weights of newborn girls: nequals 219 , x overbar equals29.4 hg, sequals 7.5 hg. Construct a confidence interval estimate of the mean. Use a 99 % confidence level. Are these results very different from the confidence interval 26.9 hgless than muless than30.9 hg with only 20 sample values, x overbar equals28.9 hg, and sequals 3.2 hg?

What is the confidence interval for the population mean u?

______hg < u < _____ hg ​(Round to one decimal place as​ needed.)

Are the results between the two confidence intervals very​ different?

.

​Yes, because the confidence interval limits are not similar.

B.

​No, because each confidence interval contains the mean of the other confidence interval.

C.

​Yes, because one confidence interval does not contain the mean of the other confidence interval.

D.

​No, because the confidence interval limits are similar.

Here are summary statistics for randomly selected weights of newborn? girls: n equals = 229 229?, x overbar x equals = 27.3 27.3 ?hg, s equals = 6.4 6.4 hg. Construct a confidence interval estimate of the mean. Use a 98 98?% confidence level. Are these results very different from the confidence interval 25.8 25.8 hg less than < mu ? less than < 28.6 28.6 hg with only 16 16 sample? values, x overbar x equals = 27.2 27.2 ?hg, and s equals = 2.2 2.2 ?hg? What is the confidence interval for the population mean mu ??? nothing hg less than < mu ? less than < nothing hg ?(Round to one decimal place as? needed.)

1. Mr and Mrs Smith and Mr and Mrs Doe both had baby girls at Bay Hospital. The hospital mixed up which girl belonged to which couple. Baby X is blood type O, Baby Y is blood type A. Mr Smith is blood type AB. Mr Doe is blood type B. Both Mrs Smith and Mrs Doe are blood type A. Can you solve which baby goes to which couple? In the form below, list all possible genotypes and indicate the parents for each baby.