(The following data apply to the next three questions.)
Assume the following cost and revenue data for General Hospital: Fixed costs = $15,000,000. Variable cost per inpatient day = $250. Revenue per inpatient day = $1,000.
1. What is the expected profit at a volume of 25,000 inpatient days?
a. -$3,750,000 b. $ 0 c. $1,750,000 d. $2,750,000 e. $3,750,000
2. What revenue per inpatient day is required to obtain a profit of $1,000,000 at a volume of 25,000 patient days?
a. $750 b. $790 c. $850 d. $890 e. $950
3. Which of the follow statements best describes the contribution margin?
a. The contribution margin is defined as fixed costs minus variable costs.
b. Under fee-for-service, the contribution margin is the dollar amount of each unit of service that is available first to cover fixed costs and then to contribute to profit. c. Under capitation, the contribution margin is the dollar amount of each PMPM premium that is available to pay for administration overhead.
d. The contribution margin is defined as revenues minus fixed costs.
e. Under capitation, the total contribution margin is the contribution margin multiplied by the PMPM premium rate.
In: Finance
Marketing and Advertising. 2 to 3 paragraphs long
List and describe the three different variables that you feel contribute to overall ad effectiveness.
List three different variables that you feel take away the effectiveness of ads.
In: Economics
You have just started a new job and are thrilled to learn that your new employer offers a 401(k) retirement plan to its employees. Your annual salary is $40,000. Assume the IRS allows you to contribute up to $24,000 to your 401(k). You’ve decided to contribute 7% of your annual salary to the plan.
Questions:
In: Advanced Math
Budget Variance Analysis
Hertzler Corporation uses customers served as its measure of
activity. During November, the company budgeted for 23,000
customers, but actually served 25,000 customers. The company uses
the following revenue and cost formulas in its budgeting, where q
is the number of customers served:
Revenue: $7.25q
Wages and salaries: $30,500 + $2.30q
Supplies: $0.80q
Insurance: $6,200
Miscellaneous: $8,750 + $0.30q
The company reported the following actual results for November:
| Revenue | $ 185,000 |
| Wages | $ 95,000 |
| Supplies | $ 19,500 |
| Insurance | $ 6,500 |
| Misc | $ 15,000 |
Required:
Prepare a net income report showing the company's revenue and
spending variances for November. Label each variance as favorable
(F) or unfavorable (U). Make sure it is formatted based on an
income statement and show the actual and the budgeted side by side.
(2 questions in 1 – Create Budget, then Compare Budget with Actual
results, which will allow to figure the amount of variance and if
it is Favorable or Unfavorable)
In: Accounting
A recent survey on the usage of cosmetics among youth provided the following data:
Year: 2004; Sample size: 5000; Youth who use cosmetics: 36%
Year: 2014; Sample size: 4250; Youth who use cosmetics: 47%
Construct a 99% confidence interval for the difference in
population proportions of youth who were using cosmetics in 2004
and youth who were using cosmetics in 2014. Assume that random
samples are obtained and the samples are independent. (Round your
answers to three decimal places.)
| z0.10 | z0.05 | z0.025 | z0.01 | z0.005 |
| 1.282 | 1.645 | 1.960 | 2.326 | 2.576 |
Select the correct answer below:
(−0.150,−0.070)
(−0.136,−0.084)
(−0.140,−0.080)
(−0.127,−0.093)
In: Statistics and Probability
On November 1, 2017, Larkspur, Inc. had the following account
balances. The company uses the perpetual inventory
method.
| Debit | Credit | |||||
| Cash | $6,840 | Accumulated Depreciation—Equipment | $760 | |||
| Accounts Receivable | 1,702 | Accounts Payable | 2,584 | |||
| Supplies | 654 | Unearned Service Revenue | 3,040 | |||
| Equipment | 19,000 | Salaries and Wages Payable | 1,292 | |||
| $28,196 | Common Stock | 15,200 | ||||
| Retained Earnings | 5,320 | |||||
| $28,196 |
During November, the following summary transactions were
completed.
| Nov. | 8 | Paid $2,698 for salaries due employees, of which $1,406 is for November and $1,292 is for October. | |
| 10 | Received $1,444 cash from customers in payment of account. | ||
| 11 | Purchased merchandise on account from Dimas Discount Supply for $6,080, terms 2/10, n/30. | ||
| 12 | Sold merchandise on account for $4,180, terms 2/10, n/30. The cost of the merchandise sold was $3,040. | ||
| 15 | Received credit from Dimas Discount Supply for merchandise returned $228. | ||
| 19 | Received collections in full, less discounts, from customers billed on sales of $4,180 on November 12. | ||
| 20 | Paid Dimas Discount Supply in full, less discount. | ||
| 22 | Received $1,748 cash for services performed in November. | ||
| 25 | Purchased equipment on account $3,800. | ||
| 27 | Purchased supplies on account $1,292. | ||
| 28 | Paid creditors $2,280 of accounts payable due. | ||
| 29 | Paid November rent $285. | ||
| 29 | Paid salaries $988. | ||
| 29 | Performed services on account and billed customers $532 for those services. | ||
| 29 | Received $513 from customers for services to be performed in the future. |
Enter the November 1 balances in ledger T-accounts.
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation─Equipment
Accounts Payabl
Unearned Service Revenue
Salaries and Wages Payable
Common Stock
Retained Earnings
In: Accounting
1) Write a C++ program.You will code a movie search/filter
console GUI with various operations.
The objectives you have to accomplish are listed below;
* Create a Movie Class with private
id(int),name(string),point(float),year(int) variables
* Generate Getter for all variables and Setter for only point
variable.
* Read the "movie.txt" file and store each movie in Movie
array.
* Write necessary functionalities for the GUI options given in
below;
Welcome to the Movie Market. Please select an option.
a - Get movie details by ID
b - List movies between the years entered
c - Change the point of a movie
d- Get movie details starting with the entered letter
e - Exit
* Write a "printMovie" function to print movie details
* Use "autoIncrement" logic to set ID values for Movie
Bonus:
Add a "voting system" functionality for movies.
* A movie can be voted up to 10 times with integer values between 1
and 10
* The "point" value of the movie should be equal to the average of
votes.
* Be careful when you calculate the average
(If a movie is voted for the first time, the average is (original
point value + new vote value) / 2 )
-MOVİES-
9.2;The Shawshank Redemption (1994)
9.1;The Godfather (1972)
9.0;The Godfather: Part II (1974)
8.9;Il buono, il brutto, il cattivo. (1966)
8.9;Pulp Fiction (1994)
8.9;Inception (2010)
8.9;Schindler's List (1993)
8.9;12 Angry Men (1957)
8.8;One Flew Over the Cuckoo's Nest (1975)
8.8;The Dark Knight (2008)
8.8;Star Wars: Episode V - The Empire Strikes Back (1980)
8.8;The Lord of the Rings: The Return of the King (2003)
8.8;Shichinin no samurai (1954)
8.7;Star Wars (1977)
8.7;Goodfellas (1990)
8.7;Casablanca (1942)
8.7;Fight Club (1999)
8.7;Cidade de Deus (2002)
8.7;The Lord of the Rings: The Fellowship of the Ring (2001)
8.7;Rear Window (1954)
8.7;C'era una volta il West (1968)
8.7;Raiders of the Lost Ark (1981)
8.7;Toy Story 3 (2010)
8.7;Psycho (1960)
8.7;The Usual Suspects (1995)
8.7;The Matrix (1999)
8.6;The Silence of the Lambs (1991)
8.6;Se7en (1995)
8.6;Memento (2000)
8.6;It's a Wonderful Life (1946)
8.6;The Lord of the Rings: The Two Towers (2002)
8.6;Sunset Blvd. (1950)
8.6;Dr. Strangelove or: How I Learned to Stop Worrying and Love the
Bomb (1964)
8.6;Forrest Gump (1994)
8.6;Léon (1994)
8.6;Citizen Kane (1941)
8.6;Apocalypse Now (1979)
8.6;North by Northwest (1959)
8.6;American Beauty (1999)
8.5;American History X (1998)
8.5;Taxi Driver (1976)
8.5;Terminator 2: Judgment Day (1991)
8.5;Saving Private Ryan (1998)
8.5;Vertigo (1958)
8.5;Le fabuleux destin d'Amélie Poulain (2001)
8.5;Alien (1979)
8.5;WALL·E (2008)
8.5;Lawrence of Arabia (1962)
8.5;The Shining (1980)
8.5;Sen to Chihiro no kamikakushi (2001)
8.5;Paths of Glory (1957)
8.5;A Clockwork Orange (1971)
8.5;Double Indemnity (1944)
8.5;To Kill a Mockingbird (1962)
8.5;The Pianist (2002)
8.4;Das Leben der Anderen (2006)
8.4;The Departed (2006)
8.4;M (1931)
8.4;City Lights (1931)
8.4;Aliens (1986)
8.4;Eternal Sunshine of the Spotless Mind (2004)
8.4;Requiem for a Dream (2000)
8.4;Das Boot (1981)
8.4;The Third Man (1949)
8.4;L.A. Confidential (1997)
8.4;Reservoir Dogs (1992)
8.4;Chinatown (1974)
8.4;The Treasure of the Sierra Madre (1948)
8.4;Modern Times (1936)
8.4;Monty Python and the Holy Grail (1975)
8.4;La vita è bella (1997)
8.4;Back to the Future (1985)
8.4;The Prestige (2006)
8.4;El laberinto del fauno (2006)
8.4;Raging Bull (1980)
8.3;Nuovo Cinema Paradiso (1988)
8.3;Singin' in the Rain (1952)
8.3;Some Like It Hot (1959)
8.3;The Bridge on the River Kwai (1957)
8.3;Rashômon (1950)
8.3;All About Eve (1950)
8.3;Amadeus (1984)
8.3;Once Upon a Time in America (1984)
8.3;The Green Mile (1999)
8.3;Full Metal Jacket (1987)
8.3;Inglourious Basterds (2009)
8.3;2001: A Space Odyssey (1968)
8.3;The Great Dictator (1940)
8.3;Braveheart (1995)
8.3;Ladri di biciclette (1948)
8.3;The Apartment (1960)
8.3;Up (2009)
8.3;Der Untergang (2004)
8.3;Gran Torino (2008)
8.3;Metropolis (1927)
8.3;The Sting (1973)
8.3;Gladiator (2000)
8.3;The Maltese Falcon (1941)
8.3;Unforgiven (1992)
8.3;Sin City (2005)
8.3;The Elephant Man (1980)
8.3;Mr. Smith Goes to Washington (1939)
8.3;Oldeuboi (2003)
8.3;On the Waterfront (1954)
8.3;Indiana Jones and the Last Crusade (1989)
8.3;Star Wars: Episode VI - Return of the Jedi (1983)
8.3;Rebecca (1940)
8.3;The Great Escape (1963)
8.3;Die Hard (1988)
8.3;Batman Begins (2005)
8.3;Mononoke-hime (1997)
8.2;Jaws (1975)
8.2;Hotel Rwanda (2004)
8.2;Slumdog Millionaire (2008)
8.2;Det sjunde inseglet (1957)
8.2;Blade Runner (1982)
8.2;Fargo (1996)
8.2;No Country for Old Men (2007)
8.2;Heat (1995)
8.2;The General (1926)
8.2;The Wizard of Oz (1939)
8.2;Touch of Evil (1958)
8.2;Per qualche dollaro in più (1965)
8.2;Ran (1985)
8.2;Yôjinbô (1961)
8.2;District 9 (2009)
8.2;The Sixth Sense (1999)
8.2;Snatch. (2000)
8.2;Donnie Darko (2001)
8.2;Annie Hall (1977)
8.2;Witness for the Prosecution (1957)
8.2;Smultronstället (1957)
8.2;The Deer Hunter (1978)
8.2;Avatar (2009)
8.2;The Social Network (2010)
8.2;Cool Hand Luke (1967)
8.2;Strangers on a Train (1951)
8.2;High Noon (1952)
8.2;The Big Lebowski (1998)
8.2;Hotaru no haka (1988)
8.2;Kill Bill: Vol. 1 (2003)
8.2;It Happened One Night (1934)
8.2;Platoon (1986)
8.2;The Lion King (1994)
8.2;Into the Wild (2007)
8.2;There Will Be Blood (2007)
8.1;Notorious (1946)
8.1;Million Dollar Baby (2004)
8.1;Toy Story (1995)
8.1;Butch Cassidy and the Sundance Kid (1969)
8.1;Gone with the Wind (1939)
8.1;Sunrise: A Song of Two Humans (1927)
8.1;The Wrestler (2008)
8.1;The Manchurian Candidate (1962)
8.1;Trainspotting (1996)
8.1;Ben-Hur (1959)
8.1;Scarface (1983)
8.1;The Grapes of Wrath (1940)
8.1;The Graduate (1967)
8.1;The Big Sleep (1946)
8.1;Groundhog Day (1993)
8.1;Life of Brian (1979)
8.1;The Gold Rush (1925)
8.1;The Bourne Ultimatum (2007)
8.1;Amores perros (2000)
8.1;Finding Nemo (2003)
8.1;The Terminator (1984)
8.1;Stand by Me (1986)
8.1;How to Train Your Dragon (2010)
8.1;The Best Years of Our Lives (1946)
8.1;Lock, Stock and Two Smoking Barrels (1998)
8.1;The Thing (1982)
8.1;The Kid (1921)
8.1;V for Vendetta (2006)
8.1;Casino (1995)
8.1;Twelve Monkeys (1995)
8.1;Dog Day Afternoon (1975)
8.1;Ratatouille (2007)
8.1;El secreto de sus ojos (2009)
8.1;Gandhi (1982)
8.1;Star Trek (2009)
8.1;Ikiru (1952)
8.1;Le salaire de la peur (1953)
8.1;Les diaboliques (1955)
8.1;8½ (1963)
8.1;The Princess Bride (1987)
8.1;The Night of the Hunter (1955)
8.0;Judgment at Nuremberg (1961)
8.0;The Incredibles (2004)
8.0;Tonari no Totoro (1988)
8.0;The Hustler (1961)
8.0;Good Will Hunting (1997)
8.0;The Killing (1956)
8.0;In Bruges (2008)
8.0;The Wild Bunch (1969)
8.0;Network (1976)
8.0;Le scaphandre et le papillon (2007)
8.0;A Streetcar Named Desire (1951)
8.0;Les quatre cents coups (1959)
8.0;La strada (1954)
8.0;The Exorcist (1973)
8.0;Children of Men (2006)
8.0;Stalag 17 (1953)
8.0;Persona (1966)
8.0;Who's Afraid of Virginia Woolf? (1966)
8.0;Ed Wood (1994)
8.0;Dial M for Murder (1954)
8.0;La battaglia di Algeri (1966)
8.0;Låt den rätte komma in (2008)
8.0;All Quiet on the Western Front (1930)
8.0;Big Fish (2003)
8.0;Magnolia (1999)
8.0;Rocky (1976)
8.0;La passion de Jeanne d'Arc (1928)
8.0;Kind Hearts and Coronets (1949)
8.0;Fanny och Alexander (1982)
8.0;Mystic River (2003)
8.0;Manhattan (1979)
8.0;Barry Lyndon (1975)
8.0;Kill Bill: Vol. 2 (2004)
8.0;Mary and Max (2009)
8.0;Patton (1970)
8.0;Rosemary's Baby (1968)
8.0;Duck Soup (1933)
8.0;Festen (1998)
8.0;Kick-Ass (2010)
8.0;Fa yeung nin wa (2000)
8.0;Letters from Iwo Jima (2006)
8.0;Roman Holiday (1953)
8.0;Pirates of the Caribbean: The Curse of the Black Pearl
(2003)
8.0;Mou gaan dou (2002)
8.0;The Truman Show (1998)
8.0;Crash (2004/I)
8.0;Hauru no ugoku shiro (2004)
8.0;His Girl Friday (1940)
8.0;Arsenic and Old Lace (1944)
8.0;Harvey (1950)
8.0;Le notti di Cabiria (1957)
8.0;Trois couleurs: Rouge (1994)
8.0;The Philadelphia Story (1940)
8.0;A Christmas Story (1983)
8.0;Sleuth (1972)
8.0;King Kong (1933)
8.0;Bom yeoreum gaeul gyeoul geurigo bom (2003)
8.0;Rope (1948)
8.0;Monsters, Inc. (2001)
8.0;Tenkû no shiro Rapyuta (1986)
8.0;Yeopgijeogin geunyeo (2001)
8.0;Mulholland Dr. (2001)
8.0;The Man Who Shot Liberty Valance (1962)
In: Computer Science
American Airlines. (AA) is an airline that operates direct, daily flights between Los Angeles (LAX) and London Heathrow (LHR) airports. AA offers only business-class tickets and service on all of its flights. On the LAX-LHR route, AA flies Airbus 320 plane configured to have a capacity of 100 business-class seats.
AA sells tickets on LAX-LHR route at $3000 and offers a generous, 90% “last-minute cancellation” policy. In particular, under such policy, a customer may cancel her flight up to 30 minutes before the departure time and receive back 90% of the $3000 fare she paid. As a result, AA is able to sell many more tickets than its plane capacity. The downside is that customers who purchased tickets may not all show up for the flight.
To better manage the profitability of its LAX-LHR route in the presence of last-minute cancellations, AA uses “overbooking,” that involves selling more tickets than 100 seats on its plane. In particular, AA would like to compare two overbooking options: 1) selling T=110 tickets, and 2) selling T=115 tickets. AA is confident that, given the moderate business-class fare it charges and a generous cancellation policy it offers, it can always sell those numbers of tickets.
The sequence of events in the presence of overbooking is as follows:
·Tickets are sold to T potential passengers at the price of $3000 each
·At about 30 minutes prior to departure, the number of customers who actually show up for the flight, A, is revealed (0≤A≤T) and the refund of $2700 is paid to each of T-A customers who did not show up
·If A≤ 100, the plane takes off with A customers on board
·If A>100, the airline asks for A-100 volunteers to release their seats and to accept alternative flight arrangements, for additional compensation. As a result of this process, the airline pays to each of A-100 volunteers the compensation of $5000, and the plane takes off with 100 customers on board.
Thus, the revenue that AA earns for a particular flight depends on the values of T and A, and consists of three components: the initial revenue from selling tickets minus the refund, if any, paid for last-minute cancellations, and minus the additional compensation, if any, paid to customers asked to release their seats.
1) Suppose that AA decides to use Option 1 (i.e., sell T=110) tickets, and the number of customers who show up for the flight is 100. What is the revenue that AA will earn for this flight, in $? Round your answer to the closest integer value.
2) Suppose that AA decides to use Option 2 (i.e., sell T=115) tickets, and the number of customers who show up for the flight is 105. What is the revenue that AA will earn for this flight, in $? Round your answer to the closest integer value.
3) Zero Management is a business analyst working for AA who was assigned a task of comparing the two overbooking options described above. Zero has decided to design a simulation model that assumes that each of T customers who bought tickets has a probability of 0.9 of actually showing up for the flight, and that each customer makes a decision to show up for the flight independently of other customers. A statistician working for AA explained to Zero that, under these assumptions, the number of customers who actually show up for the flight, A, is a binomial random variable that can take integer values 0,1,2,… T, and that has the expected value of 0.9*T.
Suppose that the AA decides to use Option 1 (T=110). Let A be the number of customers who actually show up for the flight under this option. The algebraic expression for the revenue that AA earns for this flight, in $, is
a) 330,000 – 2,700*(100-A) – 5,000*IF(A<100, 0, A-100)
b) 330,000 – 2,700*(110-A) – 5,000*IF(A<110, 0, A-110)
c) 330,000 – 2,700*(110-A) – 5,000*IF(A<100, 0, A-100)
d) 330,000 – 2,700*(100-A) – 5,000*IF(A<110, 0, A-110)
4) Consider Option 1 (T=110). If it is possible for A to take integer values 0,1,2,…,110, what is the maximum possible revenue, in $, that AA can earn for a flight? Choose the closest value.
a) 330,000
b) 303,000
c) 300,000
d) 280,000
e) 270,600
5) Consider Option 1 (T=110). If it is possible for A to take integer values 0,1,2,…,110, what is the minimum possible revenue that AA can earn for a flight? Choose the closest value.
a) 303,000
b) 280,000
c) 270,600
d) 33,000
e) 0
In: Civil Engineering
Explain at least three characteristics of the Sun that contribute to its solar activity. (Please answer in your own words and type answer, thanks).
In: Physics
Arthropods represent the cumulation of evolutionary development in the protostomes. identify at least three characteristics that contribute to their success. and explain the selective advantage of each exmaple.
In: Biology