Scenario: Six months into an academic development project, the client reviews the progress and issues a stop-work order. The main issues identified during their review were: 1. There were different expectations about the complexity of graphics in course development and course materials. 2. There were different opinions about the level of marketing required (marketing a course versus marketing the whole academy, no post-course promotions, etc.) 3. There were issues with instructors. These were instances where instructors had rescheduled on multiple occasions or cancelled. 4. There were concerns about the subject matter experts. Subject matter experts had been hired outside of the budgeted amount. 5. There were concerns about the subject matter experts not providing the level of technical writing expertise required, which resulted in having to hire additional technical writers. MRG HPI addressed some of these concerns by removing the videotaping requirement during the analysis phase and removing the repeat courses that were going to be offered during the final contract year. By eliminating videotaping and repeat courses, the remaining courses to be developed and presented were stretched over the rest of the contract of 2.5 years. This mean that instead of developing and offering the 15 courses using two teams in a staggered fashion over two years, MRG HPI must reduce staff. Currently, there are three senior instructional designers, six graphic artists, three document specialists, six technical writers, three subject matter experts, and two editors assigned to the teams. MRG HPI has subject matter experts as consultants under contract. They don’t want to lose their staff, but they may have no choice but to let some go.

Questions: 1. What re the challenges faced by the Human Resource department in this scenario?

2. What can be done to retain the employees?

3. What communication strategy should be adopted to implement employee retention strategies?

Company XYZ owns a social network web site dedicated for wind surfers. They plan to launch a new online ad delivery and management service web site that will be coupled with their existing social network platform. The online ad management service will enable them to accept online orders for online ads from advertisers. The system will also deliver the ads to the main social network site. The ads will be displayed on the social network site but the content of the ads (the images and/or text objects containing the ad message) will be served by the new web site server. The company forecasts that the web site will receive an average of 10,000 visits from potential or current advertisers and 600 online ad purchase orders per week. They expect to have 30,000 registered online advertisers during the first month of the launch of the web site. Company XYZ dedicate a separate server and database for the new online service. The users of the ad management site and the users of the social network will be managed separately. The data of the two groups will be stored on separate databases. Similarly, web ad management site content and the social network site content will be hosted on separate servers. Company XYZ prefers to manage those two sites separately. The social network site will pull online ads from the database of the online ad management system. The users will experience a seamless presentation of ads within the social network pages without noticing the ads are fed from a different server.

Company XYZ awarded a contract to your company (Company ABC) to develop the web site, web service, and the database that will provide the capability of the online ad delivery and management service. You are the project manager of this project. Your task is to manage a team of three (one graphic designer, one database developer, and one software developer). As the project manager you are required to answer the following questions that provide insight about the project plan.

Explain how the online ads will be stored and served.

Chapter 4 Assignments - Part #1 (Part #2 is on next page)

Submit an HTML file attached to an email with your web page containing the elements below.

- Create a web page with a comment containing your name after this line.

o

- In the head section, add character encoding.

- Add the title "Chapter 4 Web Page #1 - by yourname"

- Create a file called myStyles.css as the style sheet for the web page.

- Add the link for the style sheet in the index.html file.

- Create a banner ~180x800 for the web page using Snip, Paint, PowerPoint, or another program and add the banner (non-elastic banner) to the web page by creating a banner class in the style sheet and a "div" in index.html.

o Include a graphic and text in the banner.

- In the style sheet, redefine h1 as Tahoma, green, and 30 pixels.

- In the style sheet, redefine h2 as Arial, blue, and 20 pixels.

- Create a page box class in the style sheet with a background color and center the box on the page.

o Use a padding of 20%, and width of 80%, and a rounded corner border of 15px radius and 3px thick of some color.

o Inside the page box, add the text shown and answers to the questions below.

o Make the page box as wide as the banner regardless of browser resizing.

- Create a footer class with your name, the copyright symbol, and year centered.

o The footer will have a color background, a border 1 pixel thick that is a different color than the background.

o The footer text will use h3 and be white and italic o The footer text will be padded with 2 pixels top and bottom

Questions:

1. CSS documents the ________________ status of each style property.

2. CSS is used to define _________ _________ and attach them to HTML elements.

3. This statement /* browser note */ is a ____________ in CSS.

4. The _______ element for a CSS is placed inside the head element of the page.

5. The ____________ associates a rule to a set of HTML elements.

6. a:visited { color: #300 } will make __________ _________ red.

Sam, a 42-year-old man, was booked for an endoscopy at a local clinic. Prior to the procedure he was injected with sedatives, but after several minutes the nurse noticed Sam seemed uncomfortable and required additional sedation. She used the same syringe, dipped it in the open sedative vial and re-injected him. The procedure continued as normal. Several months later, Sam, suffering from swelling of the liver, stomach pain, fatigue and jaundice, was diagnosed with Hepatitis C. The Centers for Disease Control was contacted, as 84 other cases of liver disease were linked to the clinic. It was believed that the sedative vial may have been contaminated from the backflow into the syringe and that the virus may have been passed on from the contaminated vial. Several health-care workers commented that reusing the syringe on the same patient (and thus dipping a used syringe into a common vial) was common practice.

Reference: Centers for Disease Control and Prevention, Atlanta. Syringe reuse linked to hepatitis C outbreak. Sonner, S., Associated Press

What do you think about this case (cases) that the CDC investigated? Should health care workers have anticipated that using a common vial between patients might lead to infection? How common do you think these types of incidents are?

17) In an experiment the value for beta has been shown to be .7503, what is the power of this experiment? 

18) A researcher did a one-tailed hypothesis test using an alpha level of .01, H0 was rejected. A colleague analyzed the same data but used a two-tailed test with α=.05, H0 was failed to reject. Can both analyses be correct? Explain your answer.

21) A psychologist would like to examine the effect of fatigue on mental alertness. An attention test is prepared which requires subjects to sit in front of a blank TV screen and press a response button each time a dot appears on the screen. A total of 110 dots are presented during a 90-minute period, and the psychologist records the number of errors for each subject. Two groups of subjects are selected. The first group (n=5) is tested after they have been kept awake for 24 hours. The second group (n=10) is tested in the morning after a full night’s sleep. The data for these two samples are as follows:

____________________________________

Awake 24 hours     Rested

____________________________________

x̅=35     x̅=24

ss=120 ss=360

____________________________________

On the basis of these data, can psychologist conclude that fatigue significantly increases errors on an attention task? Test with α=.05 and report effect size. 

QUESTION 4

Jefta has a 30-year policy with SANLAM. The illustrated growth rate is 6% p.a. compounded monthly and the premium increases every January 01 by 10%. The initial premium was $300 per month. Jefta’s first monthly premium was deducted on January 31, 1998.

1. Determine the monthly premium in the last year.

2. Determine the maturity value. A compact disc press is purchased for $1.2 million and is expected to rise in cost at a rate of 8% p.a., whilst it will depreciate at a rate of 7.5% p.a. A sinking fund is set up to make provision for the replacement of the machine in ten years’ time, and pays interest at a rate of 9.25% p.a. compounded monthly.

3. Determine the monthly amount that has to be deposit into the sinking fund to realize enough money for a replacement machine in ten years’ time. Payments start immediately and end on the day that the replacement machine is purchased.

4. After five years new technology in Compact Discs are introduced to the market. This machine will cost $2 million. If you decide to replace your current machine immediately, how much money will you have to borrow to purchase the new equipment, if you use the sinking fund and the sales of the old machine towards paying for this new machine?

Having been stuck at home for the last few months, your friend Ben is excited by a new business idea. He asks for your feedback on the sales section of his new business plan. Ben’s Bears will create custom teddy-bears, that will include a small chip holding a selection of recorded voices. When grandparents or other loved ones order the bear, they can upload some short recordings of their voices which the children will hear when they press a button on the bear. Whist some other companies offer custom clothing and lettering on bears, no others allow custom voices to be included. Each bear will sell for $250. The bears will be sold via amazon.com.au This is a trusted website and will therefore allow customers to buy the bears with confidence. Over time, positive reviews will mean that more and more people purchase a custom bear. Required: Question 1: Explain the most important features of a sales plan, with reference to the ‘Four Ps’. . Question 2: Provide four (4) comments as to the strengths and weaknesses of the above sales plan. Your comments should include at least one strength and one weakness. . Question 3: Provide two (2) recommendations for improving the plan AND one low-cost way that the business idea could be tested before launching. .

Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead or period cost. (1 Mark each)

Part B

Prime Pizza is famous for making Margherita pizzas and delivers pizzas to the suburb on the Lower North Shore of Sydney in New South Wales. The sales price of a pizza is $10. It is estimated that the company will incur a variable cost of $140250 to make and deliver 25500 pizzas. The company’s estimated fixed costs are $74250.

Required: (Show all calculations)

a)     What is Prime Pizza’s contribution margin ratio?

b)    Calculate Prime Pizza’s break-even point in units (pizzas).

c)     Calculate Prime Pizza’s break-even point in sales dollars.

d)    (i) What is Prime Pizza’s margin of safety ratio?

(ii) How can managers of Prime Pizza use this margin of safety ratio information to manage the profitability of the business?

e) How many pizzas must the company sell to earn a target profit of $63000? (Total 20 Marks)

Part A

Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead or period cost. (1 Mark each)

Part B

Buddy’s Pizza is famous for making Margherita pizzas and delivers pizzas to the suburb on the Lower North Shore of Sydney in New South Wales. The sales price of a pizza is $12. It is estimated that the company will incur a variable cost of $270000 to make and deliver 30000 pizzas. The company’s estimated fixed costs are $63000.

Required: (Show all calculations)

a)     What is Buddy’s Pizza’s contribution margin ratio?

b)    Calculate Buddy’s Pizza’s break-even point in units (pizzas).

c)     Calculate Buddy’s Pizza’s break-even point in sales dollars.

d)    (i) What is Buddy’s Pizza’s margin of safety ratio?

(ii) How can managers of Buddy’s Pizza use this margin of safety ratio information to manage the profitability of the business?

e)     How many pizzas must the company sell to earn a target profit of $75000?   (Total 20 Marks)

Part A

Indicate whether each of the following costs would be classified as direct materials, direct labour, manufacturing overhead or period cost. (1 Mark each)

Part B

Prime Pizza is famous for making Margherita pizzas and delivers pizzas to the suburb on the Lower North Shore of Sydney in New South Wales. The sales price of a pizza is $10. It is estimated that the company will incur a variable cost of $140250 to make and deliver 25500 pizzas. The company’s estimated fixed costs are $74250.

Required: (Show all calculations)

a)     What is Prime Pizza’s contribution margin ratio?

b)    Calculate Prime Pizza’s break-even point in units (pizzas).

c)     Calculate Prime Pizza’s break-even point in sales dollars.

d)    (i) What is Prime Pizza’s margin of safety ratio?

(ii) How can managers of Prime Pizza use this margin of safety ratio information to manage the profitability of the business?

e) How many pizzas must the company sell to earn a target profit of $63000? (Total 20 Marks)