Questions
What are the steps to be followed in building the Knowledge Management System in hotel.
What are the steps to be followed in building the Knowledge Management System in hotel.
In: Computer Science
The following diagram represents the money market in the United States, which is currently in equilibrium, as indicated by the grey star.
The effect of changes in the money supply
The following diagram represents the money market in the United States, which is currently in equilibrium, as indicated by the grey star.
Suppose the Federal Reserve (the Fed) announces that it is raising its target interest rate by 50 basis points, or 0.50%. It would achieve this by
_______ the _______ . Use the green line (triangle symbols) on the preceding graph to illustrate the effects of this policy. Place the black point (plus symbol) on the graph to indicate the new equilibrium interest rate and quantity of money.
The sequence of events that results in a new equilibrium interest rate, after the Fed makes the change you selected, may be described as follows:
Because there is _______ money in the financial system, there is an excess _______ money at the initial equilibrium interest rate.
Individuals and businesses adjust their asset portfolios by _______ bonds. As a result, the price of bonds _______ , and the interest rate _______ . This process continues until the new equilibrium interest rate is achieved.
In: Economics
Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The...
Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information:
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| Budgeted Unit Sales | 32,000 | 52,000 | 26,000 | 52,000 |
Each T-shirt is expected to sell for $20.
The purchasing manager buys the T-shirts for $8 each.
The company needs to have enough T-shirts on hand at the end of each quarter to fill 30 percent of the next quarter’s sales demand.
Selling and administrative expenses are budgeted at $64,000 per quarter plus 16 percent of total sales revenue.
Required:
.1. Determine budgeted sales revenue for each quarter.
2. Determine budgeted cost of merchandise purchased for each quarter.
3. Determine budgeted cost of good sold for each quarter.
4. Determine selling and administrative expenses for each quarter.
5. Complete the budgeted income statement for each quarter.
In: Accounting
Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The...
| Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information: |
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | ||||
| Budgeted Unit Sales | 40,000 | 60,000 | 30,000 | 60,000 | |||
| • | Each T-shirt is expected to sell for $15. |
| • | The purchasing manager buys the T-shirts for $6 each. |
| • | The company needs to have enough T-shirts on hand at the end of each quarter to fill 25 percent of the next quarter’s sales demand. |
| • | Selling and administrative expenses are budgeted at $80,000 per quarter plus 10 percent of total sales revenue. |
| Required: | |
| 1. | Determine budgeted sales revenue for each quarter. |
| 2. | Determine budgeted cost of merchandise purchased for each quarter. |
| 3. | Determine budgeted cost of good sold for each quarter. |
| 4. | Determine selling and administrative expenses for each quarter. |
| 5. | Complete the budgeted income statement for each quarter. |
In: Accounting
The following diagram represents the money market in the United States, which is currently in equilibrium, as indicated by the grey star.
2. Equilibrium and disequilibrium in the money market
The following diagram represents the money market in the United States, which is currently in equilibrium, as indicated by the grey star.
Suppose the Federal Reserve (the Fed) announces that it is lowering its target interest rate by 50 basis points, or 0.50%. It would achieve this by _______ the _______ . Use the green line (triangle symbols) on the preceding graph to illustrate the effects of this policy. Place the
black point (plus symbol) on the graph to indicate the new equilibrium interest rate and quantity of money.
The sequence of events that results in a new equilibrium interest rate, after the Fed makes the change you selected, may be described as follows: Because there is _______ money in the financial system, the quantity of interest-bearing financial assets (such as bonds) demanded _______ , which means that bond issuers _______ sell bonds. This process continues until the new equilibrium interest rate is achieved.
Answers in the bank:
1st blank: Increasing, Decreasing
2nd: Money Supply, Money Demand
3rd: Less, More
4th: Decreases, Increases
5th:Must raise the interest they pay to, can issue bonds at lower interest rates and still
In: Economics
Q2. (25 points) Consider an economy in the United States, starting from the long-run equilibrium denoted...
Q2. (25 points) Consider an economy in the United States, starting from the long-run equilibrium denoted as the point A. Use an aggregate demand and aggregate supply (AD-AS) diagram to show that the economy is in the long-run equilibrium. (Please label variables clearly) a. If the U.S. currency becomes stronger (the value of a dollar increases), there is a change in international variables. How does this situation affect the AD-AS diagram? What will happen to the equilibrium price level and real GDP in the short run? Is the economy experiencing an inflationary gap or a recessionary gap? Explain your answer. (Please write the new equilibrium point denoted as the point B) e. From part (a), how does government use the supply-side effects of fiscal policy to maintain the level of full employment? Please show related concepts graphically.
In: Economics
Consider government-provided health insurance, such as OHIP in Ontario, and government-mandated insurance, such as Obamacare in the United States
Consider the problems arising from asymmetric information:
Consider government-provided health insurance, such as OHIP in Ontario, and government-mandated insurance, such as Obamacare in the United States. Are such programs intended to combat adverse selection or moral hazard? Briefly characterize the tradeoff between adverse selection and moral hazard in respect of health insurance public policy.
Auto insurance policies often require deductibles and health insurance policies often require copayments. Briefly explain whether and how deductibles and copayments are intended to combat adverse selection or moral hazard.
In: Economics
Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The...
Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force whose job it is to call on existing customers as well as look for new business. The national sales manager is investigating the relationship between the number of sales calls made and the miles driven by the sales representative. Also, do the sales representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To investigate, the vice president of sales selected a sample of 25 sales representatives and determined:
|
Commissions |
Calls |
Driven |
|
22 |
143 |
2374 |
|
13 |
136 |
2227 |
|
34 |
146 |
2733 |
|
39 |
142 |
3351 |
|
23 |
142 |
2293 |
|
47 |
146 |
3450 |
|
30 |
141 |
3117 |
|
38 |
139 |
3344 |
|
42 |
148 |
2843 |
|
33 |
138 |
2629 |
|
20 |
138 |
2124 |
|
14 |
138 |
2223 |
|
47 |
150 |
3465 |
|
39 |
149 |
3291 |
|
45 |
145 |
3106 |
|
30 |
149 |
2125 |
|
39 |
145 |
2792 |
|
37 |
153 |
3213 |
|
15 |
135 |
2287 |
|
34 |
146 |
2851 |
|
25 |
133 |
2690 |
|
28 |
132 |
2936 |
|
26 |
130 |
2671 |
|
43 |
155 |
2992 |
|
35 |
148 |
2830 |
A) Develop a regression equation including a interaction term.
In: Statistics and Probability
According to the Energy Information Administration, the United States consumes about 21 million barrels (882 million...
According to the Energy Information Administration, the United States consumes about 21 million barrels (882 million gallons) of petroleum each day. About half of this consumption is in the form of gasoline. Table 18.2 shows a portion of weekly U.S. finished motor gasoline production, measured in thousands of barrels per day.
1. Construct a 3-period moving average series for the data.
2.) Plot production and its corresponding 3-period moving average, and comment on any differences.
3.) Using the 3-period moving average series, forecast gasoline production on May 29, 2009 (week 22).
4.) Calculate the mean square error, MSE, and the mean absolute deviation,
| Date | Week | Production |
| January 2, 2009 | 1 | 9115 |
| January 9, 2009 | 2 | 8813 |
| January 16, 2009 | 3 | 8729 |
| January 23, 2009 | 4 | 8660 |
| January 30, 2009 | 5 | 8679 |
| February 6, 2009 | 6 | 8492 |
| February 13, 2009 | 7 | 8765 |
| February 20, 2009 | 8 | 8937 |
| February 27, 2009 | 9 | 9003 |
| March 6, 2009 | 10 | 8539 |
| March 13, 2009 | 11 | 8868 |
| March 20, 2009 | 12 | 8723 |
| March 27, 2009 | 13 | 8733 |
| April 3, 2009 | 14 | 8966 |
| April 10, 2009 | 15 | 8913 |
| April 17, 2009 | 16 | 9088 |
| April 24, 2009 | 17 | 8790 |
| May 1, 2009 | 18 | 8918 |
| May 8, 2009 | 19 | 8710 |
| May 15, 2009 | 20 | 8735 |
| May 22, 2009 | 21 | 9378 |
In: Statistics and Probability
Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The...
Cincinnati Paint Company sells quality brands of paints through hardware stores throughout the United States. The company maintains a large sales force who call on existing customers and look for new business. The national sales manager is investigating the relationship between the number of sales calls made and the miles driven by the sales representative. Also, do the sales representatives who drive the most miles and make the most calls necessarily earn the most in sales commissions? To investigate, the vice president of sales selected a sample of 25 sales representatives and determined:
- The amount earned in commissions last month (y)
- The number of miles driven last month (x1)
- The number of sales calls made last month (x2)
The information is reported below.
| Commissions ($000) | Calls | Driven | Commissions ($000) | Calls | Driven |
| 23 | 68 | 2,372 | 39 | 188 | 3,291 |
| 14 | 30 | 2,229 | 44 | 218 | 3,103 |
| 34 | 136 | 2,733 | 29 | 105 | 2,123 |
| 39 | 180 | 3,353 | 38 | 162 | 2,794 |
| 24 | 77 | 2,291 | 37 | 154 | 3,209 |
| 47 | 186 | 3,451 | 15 | 25 | 2,289 |
| 30 | 103 | 3,117 | 34 | 132 | 2,850 |
| 39 | 143 | 3,343 | 26 | 94 | 2,692 |
| 42 | 200 | 2,843 | 28 | 96 | 2,934 |
| 32 | 156 | 2,626 | 25 | 81 | 2,673 |
| 21 | 50 | 2,122 | 44 | 205 | 2,988 |
| 13 | 46 | 2,222 | 35 | 155 | 2,830 |
| 47 | 225 | 3,466 | |||
Develop a regression equation including an interaction term. (Negative amount should be indicated by a minus sign. Round your answers to 3 decimal places.)
Commissions= ___________ + __________________ calls + _______________________miles + ___________________x1x2
Complete the following table. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)
|
Compute the value of the test statistic corresponding to the interaction term. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)
Value of the test statistic ___________________
At the 0.05 significance level is there a significant interaction between the number of sales calls and the miles driven?
This is STATISTICALLY SIGNIFICANT or NOT SIGNIFICANT (choose), so we conclude that there IS INTERACTION or IS NO INTERACTION (choose).
In: Statistics and Probability