Write an anecdotal lead with a person focus from the following information; include a nut graph. Your focus is about the frustrations that students experience trying to park on campus because the parking department has sold too many permits.
Background: Nancy Pauw is a graduate student. One morning, she circled the parking lot east of the computer center three times before she found a parking space. Last year, there were 7,565 student parking permits sold for 3,930 spaces. “I have to get here an hour early so I can get to class on time,” Pauw says. She is one of many students (on your campus) who experience the daily frustration of not finding a parking spot even though they have purchases $30 and $50 permits.
In: Psychology
In our textbook, we learn that Disney has acquired several companies throughout the years including Marvel for $4 billion in 2009. One main advantage that this acquisition allowed Disney to do is increase the differentiation in their product offerings. They were able to add and entire line of superheroes to the Disney character family, which also allowed to add Marvel character theme park rides, toys, and other merchandise. Not only did this benefit Disney, but the acquisition also added value to Marvel. "Because of economies of scope and economies of scale, Marvel is becoming more valuable inside Disney than as a standalone enterprise" (Rothaermel).
Our question for you is, besides being able to increase their product offerings, what other benefits do you think this acquisition brought to Disney as a company?
In: Operations Management
Bravo Community Hospital is a nonprofit hospital operated by the county. The hospital’s administrator is considering a proposal to open a new outpatient clinic in the nearby city of New Castle. The administrator has made the following estimates pertinent to the proposal.
Use Appendix A for your reference. (Use appropriate factor(s) from the tables provided.)
Required:
1-3. Fill in the following table to compute the net present value of the proposed outpatient clinic.
4. Should the administrator recommend to the hospital's trustees that the clinic be built? YES OR NO
Fill in the following table to compute the net present value of the proposed outpatient clinic. (Negative amounts should be indicated by a minus sign. Round your "Discount factors" to 3 decimal places.)
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In: Accounting
Djoko Padang, president of Marawi Steel corporation, was to decide on whether or not to continue or divest from its oldest foundry plant, the Maramag foundry. The foundry was located in the original site of the company and had been left out in the recent modernization of its main foundry facilities. They already have put up a much larger foundry in a location near Iligan City. Upon intensification of competition Djoko modernized the foundry's materials handling and casting process and changed the factory layout, financed by loans from commercial and government owned banks. The Maramag foundry was not involved in this modernization. It is considered "totally obsolete". Following options were identified for the older Maramag foundry: a.) Continue to operate the facility without further investments b.) sell foundry machineries as scrap to scrap dealers c. ) sell the foundry as a continuing business to other foundry companies d. invest in new equipment and reposition the foundry in the market a specialized products plant.
a.) has been difficult for management as customers were more accessible from the larger Iligan foundry. Only small job orders and those requiring special metal alloys or dies could be produced at the maramag plant in the cost effective wa. maramag foundry was incurring net operating losses of 2 million pesos per year, inclusive of depreciation of 3.5 milliion pesos per year. the Maramag foundry manager, Pedro Ressa, is especially dedicated to running the plant as he has been Chandra's partner since the plant was built. He believes that the prices are still easily cover materials and operating cost. He was told by the accountant that there are only two more years remaining of depreciation before the plant is considered "zero book value". he cannot make it run beyon the next two years without additional machinery and changes in the plant. When zero book value is recognized he suggests to give back the profits and allow him to invest in the foundry.
b. Selling the Maramac foundry as scrap and reusable equipment was estimated to generate cash proceeds of 3.5 million pesis. Scrap dealers in the area and factories assured management of this minimum proceeds.
c. A local foundry offered to buy the maramag foundry for 6 million pesos. The proposed buyer wanted to operate the foundry after refurbishing its equipment to handle expansion in its sales. Price offered was comparable to scrapping option because it excluded all supplies, parts and inventories which were to be taken out by the company. land and equipment were to be a separate consideration. Djoko was concerned that the option may cause a loss of existing clinet not only of the Maramag foundry but also of the main Foundry's. A check of client files indicated that the clients in maramag market area contributed to profits of the main plant by about php 800,000 annually.
c. Additional investments to extend the operational life and make the Maramag foundry more cost efficient was estimated to cost php 15M. Useful life of the foundry could be extended by 5 more years. Djoko believed that the most viable approach for running the Maramag foundry was to convert it to a specialized foundry that would manufacture special order products for all the clients of the company, including orders presently handled at the Iligan main foundry. Following this "best plan"of operations, the estimated annual sales of the refurbished Maramag foundry to be about php 30M per year. Annual contribution to profits before depreciation expense at this sales level was estimated at php 5.5M.
Djoko is concerned about the high risks involved in investing another php 15M in an old foundry. Financing was through more loans but sourcing was not a problem. But if the project fails the additional burden of repayment would hurt the company. Djoko was confident that the company had a sufficiently large client base that could justify remodelling the mMaramag foundry for special casting jobs. He was concerned that a remodelled maramag foundry may be "too large" and less nimble compared to small job shops.
Question one: State a goal for the company that Djoko should set in evaluation the options on the Maramag foundry
In: Accounting
Cost is classified on the basis of behaviour as fixed cost, variable cost and semi-variable cost. You are required to explain these 3 elements of cost with an example in an engineering organization
In: Accounting
what are the fixed cost variable cost, semi variable cost and sunk cost for oil and refinery sector companies like HPCL, IOL etc?
In: Accounting
Assignment Exercise 23–1: Cost of Owning and Cost of Leasing Cost of owning and cost of leasing tables are reproduced below.
Required Using the appropriate table from the Chapter 13 Time Value of Money Appendices appearing as 13-A, 13-B, and 13-C, record the present-value factor at 10% for each year and compute the present-value cost of owning and the present value of leasing. Which alternative is more desirable at this interest rate? Do you think your answer would change if the interest rate was 6% instead of 10%?
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Cost of Owning—Anywhere Clinic—Comparative Present Value |
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For-Profit Cost of Owning: |
Year 0 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
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Net Cash Flow |
(48,750) |
2,500 |
2,500 |
2,500 |
2,500 |
5,000 |
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Present value factor |
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Present value answers = |
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Present value cost of owning = |
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Cost of Leasing—Anywhere Clinic—Comparative Present Value |
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For-Profit Cost of Leasing: |
Year 0 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
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Net Cash Flow |
(8,250) |
(8,250) |
(8,250) |
(8,250) |
(8,250) |
— |
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Present value factor |
— |
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Present value answers = |
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Present value cost of leasing = |
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In: Finance
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
This basic problem is a practical application of if-statement(s).
In matLab: Write a function called bolt_check that takes one scalar input argument and returns one scalar output argument. The input represents the measured length of a machine screw during the quality-assurance phase of its manufacturing. The purpose of the function is to categorize the measured length into one of six categories. If the measured length is within two percent of one of its five nominal lengths-- 3/8, 1/2, 5/8, 3/4, or 1 (inch), then the nominal length is returned. Otherwise 0 is returned, signifying that the bolt failed the test. You may find that the built-in function abs for absolute value is useful for this problem.
You may submit your work as many times as you want. Try to get 100%!
In: Computer Science
A project requires an initial investment of $20,000,000. The life of the project is 3 years. The $20,000,000 investment will be depreciated using the three-year modified accelerated cost recovery system (MACRS) class (see the table below). The firm estimates that, in the first year, the revenues and total production costs will be $60,000,000 and $45,000,000, respectively, in nominal terms. After that the sales and production costs are expected to increase at the inflation rate of 4 percent per year over the life of the project. In addition, it has a before-tax salvage value (or resale value) at the end of the project of $9,000,000. The mine will require a net working capital (NWC) investment of 7 percent of sales. The NWC will be built up in the year prior to the sales (e.g., the net working capital requirement for year 0 is 7% of sales in year 1 and the additional net working capital cash flow for year 1 is 7% of the difference in sales between year 2 and year 1). All net working capital cash flows are fully recoverable when the project ends. The tax rate is 25 percent. The project only depreciates the $20,000,000 initial cost. The salvage value is excluded from depreciation. a) Find the operating cash flow (OCF) of this project for each year. b) If the real discount rate (or required rate of return) of the project is 14 percent, what is its net present value (NPV)? Year MACRS Depreciation Allowances for 3-year Recovery Period Class 1 33.33% 2 44.44% 3 14.82% 4 7.41%
In: Finance
ABC Company is considering the possibility of building an additional factory that would produce a new addition to their product line. The company is currently considering two options. The first is a small facility that it could build at a cost of $6 million. If demand for new products is low, the company expects to receive $10 million in discounted revenues (present value of future revenues) with the small facility. On the other hand, if demand is high, it expects $12 million in discounted revenues using the small facility. The second option is to build a large factory at a cost of $9 million. Were demand to be low, the company would expect $7 million in discounted revenues with the large plant. If demand is high, the company estimates that the discounted revenues would be $14 million. In either case, the probability of demand being high is 0.20 and the probability of it being low is 0.80. Not constructing a new factory would result in no addition revenue being generated because the current factories cannot produce these new products. For this analysis, use only the information provided.
a) Construct a decision tree to help ABC make the best decision.
b) Based on your analysis and using an expected value approach, which facility should be built?
c) Suppose the probability of the demand being low is uncertain at this time. Since the probability of low demand is uncertain, this would also mean the probability of demand being high is also uncertain. With everything else remaining the same as in a), what is the probability of low demand that make the two facility options equal based on the expected values.
d) Provide an interpretation of the results you found in c).
In: Finance