You are the Director of Global Compliance for a U.S. company that just created a revolutionary new portable personal computer (PPC) that is half the size of a laptop, performs the same functions as existing laptop computers but costs only half as much to manufacture. Several patents were filed and approved protect the unique design of this computer. Your CEO asked you to formulate a recommendation for how to expand into South America.Evaluate the pros and cons if you were to export from the United States
In: Operations Management
Define uncovered interest parity. What is the relationship among the forward exchange rate, the spot exchange rate, and the interest rate? Suppose the (1-year) interest rate on bank deposits is 2% in Canada and 1.75% in United States. If the (1-year) forward US$–C$ exchange rate is C$1.25 per US$ and the spot rate is C$1.2 per US$, will the C$ depreciation or appreciation against the US$ over one year, and by how much?
In: Economics
Part 1: It has been estimated that 1 million people die from suicide each year, with more than 36,000 suicides per year in the United States alone. Even more alarming is that these numbers are trending up not down. Read the 4 views on the underlying causes of suicide and identify the one you think is the most influential.
Part 2: In your opinion, what is the best way to reduce the number of suicides among college aged individuals?
In: Psychology
We are in the middle of a historic crisis - a global pandemic caused by a novel coronavirus. A lot of the issues right at the moment are intimately connected to Operations Management and Supply Chains. Issues that are literally life and death, economic recession, and stability.
Suppose you are an operation and supply chain manager given the following objective: What is the operations problem with Cov19 testing in the United States? What would you propose to solve this problem? (Please make this proposal into a format suitable for a professional presentation.)
In: Operations Management
Consider the following list of leadership situations. For each situation, describe in detail the kinds of power the leader has. If the leader were the same but the situation changed—for example, if you thought of the president as the head of his family rather than of the military— would your answers change? Why? • The president of the United States is commander- in-chief of the U.S. military. • An airline pilot is in charge of a particular flight. • Fans look up to a movie star. • Your teacher is the head of your class.
In: Operations Management
Suppose U.S. consumers 21 years and older consumed 26.2 gallons of beer and cider per person during 2017. A distributor in Milwaukee believes that beer and cider consumption are higher in that city. A sample of consumers 21 years and older in Milwaukee will be taken, and the sample mean 2017 beer and cider consumption will be used to test the following null and alternative hypotheses:
H0: μ ≤ 26.2
Ha: μ > 26.2
(a)
Assume the sample data led to rejection of the null hypothesis. What would be your conclusion about consumption of beer and cider in Milwaukee?
Conclude that the population mean annual consumption of beer and cider in Milwaukee is greater than 26.2 gallons and hence lower than throughout the United States.
Conclude that the population mean annual consumption of beer and cider in Milwaukee is greater than 26.2 gallons and hence higher than throughout the United States.
Conclude that the population mean annual consumption of beer and cider in Milwaukee is less than or equal to 26.2 gallons and hence lower than throughout the United States.
Conclude that the population mean annual consumption of beer and cider in Milwaukee is less than or equal to 26.2 gallons and hence higher than throughout the United States.
(b)
What is the Type I error in this situation? What are the consequences of making this error?
The type I error is rejecting H0 when it is true. This error would claim the consumption in Milwaukee is greater than 26.2 when it is actually less than or equal to 26.2.
The type I error is not rejecting H0 when it is true. This error would claim the consumption in Milwaukee is less than or equal to 26.2 when it is actually less than or equal to 26.2.
The type I error is rejecting H0 when it is false. This error would claim the consumption in Milwaukee is greater than 26.2 when it is actually greater than 26.2.
The type I error is not rejecting H0 when it is false. This error would claim the consumption in Milwaukee is less than or equal to 26.2 when it is actually greater than 26.2.
(c)
What is the Type II error in this situation? What are the consequences of making this error?
The type II error is accepting H0 when it is false. This error would claim that the population mean annual consumption of beer and cider in Milwaukee is less than or equal to 26.2 gallons when it is not.
The type II error is not accepting H0 when it is true. This error would claim that the population mean annual consumption of beer and cider in Milwaukee is greater than 26.2 gallons when it is not.
The type II error is not accepting H0 when it is false. This error would claim that the population mean annual consumption of beer and cider in Milwaukee is greater than 26.2 gallons when it is greater than 26.2.
The type II error is accepting H0 when it is true. This error would claim that the population mean annual consumption of beer and cider in Milwaukee is less than or equal to 26.2 gallons when it is less than or equal to 26.2.
In: Statistics and Probability
( C++ ) Occupancy rate is often considered to be one of the top three most useful metrics for hotel owners. Generally speaking, those working in the hotel industry should be aiming for a high occupancy rate, because this indicates that space is being used efficiently.
The occupancy rate of a hotel is expressed as a percentage. So, for example, if a hotel has 100 rooms available to be sold and 60 of those rooms are occupied, the occupancy rate would be 60 percent.
How to Calculate Occupancy Rate
The occupancy rate can be calculated with the following formula:
Occupancy Rate = Number of Occupied Rooms / Total Number of Available Rooms
Example: If your hotel has 220 rooms and 210 of the rooms are occupied:
210 / 220 = 0.95 = 95 percent occupancy rate.
Program Description
Write a program that calculates the occupancy rate for a hotel. The program should start by asking the user how many floors the hotel has. Use the following message for the prompt: "How many floors does the hotel have? ".
A loop should then iterate once for each floor. In each iteration, the loop should ask the user for the number of rooms on the floor and how many are occupied. Use the following messages for the prompts:
"\nEnter the number of rooms on floor <floor number>: " and "\nHow many rooms are occupied on floor <floor number>? ".
Note: <floor number> should be substituted whith the floor number.
After all the iterations complete, the program should display a report similar to the following:
Total number of rooms: 330
Occupied rooms: 264
Unoccupied rooms: 66
Occupancy Rate: 0.80
Note: A new line should be displayed before the report is displayed and the occupancy rate should be displayed with 2 digits after the decimal.
Hint: Your program should use 2 accumulators to keep track of the total number of rooms in the hotel and how many rooms are occupied. Don't forget to initialize these variables to zero.
Input Validation
Loops should be used to continue prompting the user for input, until it is valid. If invalid input is entered, an error message should be displayed and the input should be read again. Use the error messages below.
Error messages:
Note: <max rooms> should be replaced with the maximum number of rooms on the respective floor.
Reminder
Don't forget that to avoid integer division, one of the operands should be a floating point number. One way to avoid this is to use the static_cast operator to convert one of the operands to a double before dividing. Keep this in mind when you calculate the occupancy rate.
In: Computer Science
*PLEASE ANSWER LETTERS A-F THOROUGHLY*
The Twelve-stars Amusement Park
The Twelve-stars traveling amusement park has recently set up operation in the East Bay. The arrival rate of patrons at the park is estimated as 35 per hour. There is one admissions gate, staffed by a single worker. Admissions can be conducted at an estimated rate of 40 per hour. 40% of patrons go directly to the Ferris wheel, while 30% go to the rollercoaster. The remaining 30% go to the zombie house. The service rate of the Ferris wheel is 18 patrons per hour, while the service rate of the roller coaster is 15 patrons per hour. The service rate of the zombie house is 16 patrons per hour. All of the patrons leaving the Ferris wheel go to the house of mirrors. In addition, 40% of patrons leaving the roller coaster go to the house of mirrors. The house of mirrors serves patrons one at a time at a rate of 25 per hour. All patrons leaving the house of mirrors as well as remaining patrons leaving the rollercoaster all go to the exit gate. In addition, all patrons leaving the zombie house go directly to the exit gate. There is one worker at the exit gate, who can process exiting patrons at a rate of 38 per hour. It is desired to determine for this amusement park, the expected number of patrons waiting at the admission gate, exit gate, and at each ride. It is also desired to determine the expected time patrons spend waiting at each of these locations. If an additional worker was available, at which "station" (i.e., entry gate, exit gate, or ride) should this worker be placed?
The dept. of public safety for Alameda County would like to know what the average number of patrons is expected to be in the park over the course of a day in order to determine whether this meets with safety code and fire Marshall regulations. Current regulations do not allow for more than 40 patrons in the park at any one time. What would you report for this? (i.e., is the requirement met?) (Note that you can treat each station as a single server system!!!!!) Make sure to show your calculations and report your results regarding park operations.
A) Write a short summary of the case, including the purpose of your analysis. B) Show and explain the model you used to evaluate the amusement park system.
C) Show any calculations you used to obtain your results. (Hint: for each gate and ride you will need l, lq, and wq.)
D) Display a summary of results.
E) Answer any questions posed with the case in addition to the summary of results. (i.e., at what ride would you place an additional worker, and are park limitations on patrons being met?)
F) Write a brief conclusion and recommendations. A few sentences will suffice.
In: Operations Management
Green Acres Lawn Equipment (GALE), headquartered in St. Louis, Missouri, is a privately owned designer and producer of traditional lawn mowers used by homeowners. GALE provides most of the products to dealerships, which, in turn, sell directly to end users. In the United States, the focus of sales is on the eastern seaboard, California, the Southeast, and the south central states, which have the greatest concentration of customers. Outside the United States, GALE’s sales include a European market, a growing South American market, and developing markets in the Pacific Rim and China. The market is cyclical, but the different products and regions balance some of this, with just less than 30% of total sales in the spring and summer (in the United States), about 25% in the fall, and about 10% in the winter. Annual sales are approximately $180 million.
GALE has developed a prototype for a new snow blower for the consumer market. This can exploit the company’s expertise in small-gasoline-engine technology and also balance seasonal demand cycles in the North American and European markets to provide additional revenues during the winter months. Initially, GALE faces two possible decisions: introduce the product globally at a cost of $900,000 or evaluate it in a North American test market at a cost of $300,000.
If it introduces the product globally, GALE might find either a high or low response to the product. Probabilities of these events are estimated to be 0.6 and 0.4, respectively. With a high response, gross revenues of $1,800,000 are expected; with a low response, the figure is $500,000. If it starts with a North American test market, it might find a high response or a low response with probabilities 0.5 and 0.5, respectively. This may or may not reflect the global market potential.
In any case, after conducting the marketing research, GALE next needs to decide whether to keep sales only in North America, market globally, or drop the product. If the North American response is high and GALE stays only in North America, the expected revenue is $1,000,000. If it markets globally (at an additional cost of $200,000), the probability of a high global response is 0.8 with revenues of $1,800,000 ($500,000 if the global response is low).
If the North American response is low and it remains in North America, the expected revenue is $200,000. If it markets globally (at an additional cost of $600,000), the probability of a high global response is 0.1, with revenues of $1,800,000 ($500,000 if the global response is low).
Do a decision tree for this.
In: Finance
Please answer all questions
Select from among the statements below any or all that are true.
| A. |
An employee handbook can never serve as the basis for a claim by an employee against an employer. |
|
| B. |
If an employee handbook states that it is not a contract, the employer is free to pick which provisions are enforceable. |
|
| C. |
An employee handbook can never serve as the basis for a claim by an employer against an employee. |
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| D. |
If an employee handbook states that it is not a contract then employers cannot selectively enforce only those provisions favorable to them. |
Select the correct statements.
| A. |
Movable goods can never become immovable fixtures. |
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| B. |
If an object is made or adapted especially for a property, it is probably a fixture. |
|
| C. |
Manifestations of permanence are relevant to determining if an object is a fixture. |
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| D. |
If an object is attached to property in such a way that removing the object would damage the property, the object is probably a fixture. |
Which of the following is the most accurate summary of the holding in Jackson v.Holiday Furniture?
| A. |
The court found that Mr. Jackson's death required the discharge of all of the Jacksons' debts. |
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| B. |
The court found that Holiday Furniture had violated the automatic stay by continuing collection actions against the Jacksons. The court assessed punitive damages against Holiday Furniture for the violations. |
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| C. |
The court found that Holiday Furniture had violated the automatic stay by continuing collection actions against the Jacksons. The court held the executive officers of Holiday Furniture criminally liable for the violations. |
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| D. |
The court found that Holiday Furniture had failed to file a proof of claim thereby rendering the automatic stay inapplicable to Holiday Furniture. |
The laws of most states require that contracts between accountants and their clients be in writing.
True
False
Employers and employees may not modify the employment at will doctrine by contract.
True
False
Which of the following statements are true?
| A. |
To obtain a patent, inventors must file a detailed application with the United States Patent and Trademark Office (USPTO). |
|
| B. |
The USPTO determines the commercial viability of innovations that the USPTO reviews. |
|
| C. |
Adverse USPTO decisions are appealable to the Patent Trial and Appeal Board. |
|
| D. |
Authority for the passage of federal legislation concerning the protection of inventions derives from the United States Constitution. |
In: Finance