Questions
Please give me a variety of hypothetical scenarios. For each scenarios, explain the reasoning behind your...

Please give me a variety of hypothetical scenarios. For each scenarios, explain the reasoning behind your answer. (a). You are the owner of a new cauliflower pizza crust manufacturer. The pizza crusts are made primarily of cauliflower and brown rice flour. Your factory supervisor takes the initiative and decides to place an order for more brown rice flour from one of your suppliers while you are out of town. Since the brown rice flour was necessary for keeping operations going while you were gone. You happily pay the supplier for the order when you get back in town. The same employee starts to place new orders for brown rice flour anytime supplies are low, and even though you never gave him formal permission to do this you keep paying the supplier. However, one day you notice that the price that the supplier of brown rice flour is asking is higher than the going rate with other suppliers. You call the supplier and ask for a reduction in price, because you assert that the employee, the factory supervisor, was not authorized to place the order in the first place. Do you think the supplier might insist on getting his original price even though you say the employee was not authorized to place the order? Explain (b). You are the owner of a beachside restaurant, and you have fallen behind for many months on your loan repayments to the bank (you owe a total of $100,000). The bank has become fed up and now wants you to hand over all of your remaining company funds to pay back the loan. However, the summer tourist season is coming up in a few months and this is where you typical do 60%-70% of your business for the year. Without your company funds you will not be able to pay your rent and pay your staff, so you will not be able to pay back the bank until after the summer season. If you end up needing to file for bankruptcy, what type do you think would be most appropriate for this situation? (c). Now suppose that you decide to open up a full-service 24-hour auto repair shop. Your shop is the only one that is open 24 hours a day in your home town. In fact, you are pretty sure it is the only 24-hour auto repair shop in the state. Your business is now a great success, but you had a great deal of trouble finally finding an auto mechanic willing to work the late shift. You are now concerned that this mechanic can leave you at any time and go open or help someone else open up a 24-hour shop. You decide to make him sign a noncompetition agreement saying that if he ever leaves your shop he cannot work as an auto mechanic anywhere in your state for the next seven years. He looks at you and says, "Are you out of your mind?" What alternative terms of a noncompetition agreement do you think would be more reasonable?

In: Operations Management

Holding all else constant, which of the following factors would tend to make educational investments more attractive?

QUESTION 37

  1. Holding all else constant, which of the following factors would tend to make educational investments more attractive?



    An increase in the discount rate (r)



    An increase in the wage earned by high school graduates



    An increase in the age at which people retire



    A decrease in the scores earned by high school students on tests like the Scholastic Aptitude Test (SAT)


QUESTION 38

  1. Seasonal unemployment can be considered voluntary unemployment because



    it is caused by wages being inflexible downward.



    to attract workers to industries with well-known seasonal fluctuations in demand, employers may have to pay workers a compensating differential



    workers are covered by unemployment insurance.



    all of these


QUESTION 39

  1. If there can be no immediate change in the quantity of labor supplied because of a lag in the training of new workers, what effect will the demand shift have on the market-clearing wage?



    The wage will rise from point c to point e ($4 increase).



    The wage will rise from point c to point f($10 increase).



    The wage will remain unchanged.



    The wage will fall from point c to point b ($5 decrease).


QUESTION 40

  1. Age-earnings profiles, especially those for men, tend to be very steep early on and then flatten out. According to the human-capital investment framework, this occurs because



    on-the-job training investments have a higher payoff for younger workers.



    on-the-job training investments that lead to the acquisition of general skill will be paid for by workers in the form of lower wages.



    on-the-job training investments lead to new skills and subsequently higher wages



    All of these.

In: Economics

1.            Use the following table to calculate the expected value. The following table describes the possible...

1.            Use the following table to calculate the expected value. The following table describes the possible outcomes and their associated probabilities.

x

P(x)

($20)

0.05

($5)

0.1

$0

0.15

$10

0.35

$15

0.2

$30

0.15

                The first 2 outcomes are losses (negative values).

                What is the expected value of this probability distribution?

                (1 point)

2.            In a certain school (enrollment in the school is well over 1000 students), 40% are male. If you randomly select 8 students:

                A.            What is the probability exactly 3 will be male?

                B.            What is the probability that at least 2 will be male?

                (1 point each = 2 points)

3.            In a certain hospital ER the average amount of patients that enter in a 15 minute interval is 3.6. If each 15 minute interval is independent of one another, and the amount of patients that show up in one 15 minute interval does not influence or change the number of patients that show up in any other 15 minute interval. Arrivals occur smoothly throughout each 15 minute interval. Answer the following questions:

A.            What is the probability that at most 2 patients will show up in a 15 minute interval?    

B.            What would be your new mean, if we were to use this information to figure out probabilities during a 5 minute interval?

C.            Using the new mean in part B, what is the probability that more than 1 patient will show up in a 5 minute interval?

In: Statistics and Probability

Chapter 20 – Developing a Service Plan at the Case Fundamentals of Case Management Practice, skills...

Chapter 20 – Developing a Service Plan at the Case

Fundamentals of Case Management Practice, skills for the human services - 5th ed by Nancy Summers

Please read the following case study and answer the questions to the best of your ability.

Case 20.1: Developing Dave's Service Plan

Dave is a 49-year-old bartender who is currently going through a divorce initiated by his wife. Dave and his wife have two children: a boy, aged 6 and a girl, aged 9. Dave states that he and his wife decided to separate and then divorce after his wife complained on numerous occasions about his work responsibilities. He states that his wife told him that his work hours and the social contacts he made as a result of his job at the bar were incompatible with the kind of family life she wanted for herself and her children. Dave co-owns his home with his wife and is letting her have the house for the sake of the children. He has taken up with a woman who frequents his bar and recently moved in with her in a different part of the town, "giving me a place to put my things."

Dave is requesting help in restoring his marriage and is looking for marriage counseling. He is not sure his wife will agree. Additionally, Dave wants help in considering alternative training or education so that he is no longer dependent on his skills as a bartender for his income.

Dave has a high school diploma and has completed four college courses, all of them general education courses. Dave has a close relationship with his sister who lives in the same part of the town where he is currently living. "She gives me a lot of support." He is a member of the St. Paul's Methodist church but has not been to church in over a year. Dave indicates that he joined the church in order to please his wife but never got much out of going there, though he likes the minister at the church. Dave describes his relationship with his daughter as close. Since he left, his daughter calls him every night to go over homework. Unfortunately, his work schedule often cuts these calls short or he is not able to take the calls.

Dave is willing to begin seeing a counselor on his own in the hope that his wife will join him at some point.

1. Describe Dave's presenting needs and concerns.

2. Describe the strengths and supports that Dave has.

3. Describe the weaknesses and/or obstacles that Dave is facing.

In: Psychology

Australia has been a world leader in using 'healthy public policy approaches' such as legislation and...

Australia has been a world leader in using 'healthy public policy approaches' such as legislation and taxation to address tobacco consumption. Since the 1990s, our policy measures have led to significant smoking decline across Australia. Using one of the several tobacco control policies in Australia, describe each of the following phases of Walt’s (1994) policy making framework as stated in Baum (2016; Chapter 24: Healthy Public Policy, p 620-621):
a. Problem identification and issue recognition
b. Policy formulation
c. Policy implementation
d. Policy evaluation
Word limit = 500 words
Note: You can use innovative ways to present this response

In: Nursing

Australia has been a world leader in using 'healthy public policy approaches' such as legislation and...

Australia has been a world leader in using 'healthy public policy approaches' such as legislation and taxation to address tobacco consumption. Since the 1990s, our policy measures have led to significant smoking decline across Australia. Using one of the several tobacco control policies in Australia, describe each of the following phases of Walt’s (1994) policy making framework as stated in Baum (2016; Chapter 24: Healthy Public Policy, p 620-621):
a. Problem identification and issue recognition
b. Policy formulation
c. Policy implementation
d. Policy evaluation
Word limit = 500 words
Note: You can use innovative ways to present this response

In: Nursing

The U.S. has been traditionally known as a relatively low saving country, compared to countries like...

The U.S. has been traditionally known as a relatively low saving country, compared to countries like Japan. The U.S. personal saving rate had seldom gone into the double digits since the early 1990s (Source: the Federal Reserve Bank of St. Louis). In response to the coronavirus pandemic, people inevitably try to save more. We observe that the U.S. savings are rising in an unprecedented manner: the U.S. personal savings rate (personal saving as a percentage of disposable personal income) hit a historic 33% in April 2020. What are the impacts of rising savings on the U.S. pandemic-hit economy? Share your thoughts. 100-word minimum type

In: Economics

Match each species to its story of overexploitation. Dodo   Canadian cod   Rothschild's orchid   Whales   Passenger pigeon...

Match each species to its story of overexploitation.

Dodo  

Canadian cod  

Rothschild's orchid  

Whales  

Passenger pigeon

1. Multiple species were almost wiped out, but are slowly recovering after a moratorium on hunting them.

2. Once the most populous species of its kind in North America, these were hunted to extinction by 1901.

3. When sailors stocked its island with pigs, the pigs destroyed this species' ability to reproduce.

4. This species was almost wiped out by collectors who prized its rarity.

5. Once a major resource in Canada, the population crashed in the 1990s. Recovery is slow because they cannot reproduce until age 7.

In: Biology

Looking back on 4 March 2008 when the interest rate was set at 7.25% by RBA...

Looking back on 4 March 2008 when the interest rate was set at 7.25% by RBA (Reserve Bank Australia), however since then RBA gradually reduced the interest rate to its lowest 1% on 3 July 2019. Present an overview on the expectations or motivations behind such interest rate cut by RBA? (summary) [Note: In the early 1990s the interest rate was 17.5%, you don’t need to go back such distant past, your analysis should focus between 2008 to 2019] Talk about the impact on the economy after the interest rate changed. Summary of 400 words

Can you please help me with this overview? It is for my work

In: Finance

This is an extract describing a fashion house noted for custom-made gowns in Ghana. Use the...

This is an extract describing a fashion house noted for custom-made gowns in Ghana. Use the case information to answer the questions that follow. Pistis is a Ghanaian based fashion house headquartered in Accra. The company currently stands at the frontline of the fast growing African fashion industry while making major strides on the international markets. Pistis, at the core, prides itself on creating master pieces for every client and, as result, has garnered a name as the leader in special occasion clothes. From their unique hand beaded bridal gowns to their creative use of African fabrics such as kente, the brand aims at making every woman standout as royalty in a Pistis gown. All clothing are specially made to order and the organisation does not stock clothing. There are minimum slots per month for the clothes that can be made so its best to confirm an order when you are certain with the dates to start the process. The organisation has only one facility in Ghana but has a website where orders can be placed online. Pisits was started in 2008 by Kabutey and Sumaya right after graduating from Vogue Style School of School and Design in Accra, Ghana. The brand was founded on a common vision of uniquely providing the perfect fit and style to a fast evolving woman who exuberates ambition, reveres culture and embraces innovation. By acknowledging the demand in the growing African and global market, the brand, through the years, has grown expediently by focusing on providing customers with the best service through rigorous product development in regard to originality and quality. Pistis has been featured in various shows such as the Runway Dubai Season III, Glitz Africa Fashion Week 2013, Radiance Bridal Show and headlining 3 seasons of the Vlisco Fashion Show in Ghana. In addition, Pistis has had the opportunity to dress the finalists for the Miss Malaika Pageant Ghana for 2012, 2013, and 2014 seasons. Through the years, Pistis has had the opportunity to dress dignitaries, celebrities, corporate executives, religious leaders and most importantly, the hardworking everyday woman.


a. If a key need of the customer segment the organisation aims to fill is increase rate of innovation, how would the key customer need identified influence the implied demand uncertainty? (3 Mark) b. Which capabilities of responsiveness (mention 2) does the organisation’s supply chain possess (use information from the case to explain why)? c. How can the organisation use the pricing driver to a. Match supply and demand b. Increase responsiveness c. Increase efficiency?

In: Operations Management