17. An appliance store carries a specialty model of microwave ovens. The demand for the microwave oven is relatively constant at 2500 units per year. Placing an order costs the store $500 regardless the quantity ordered. Carrying one unit over a one year period costs the store $50. The store opens 300 days per year and the lead time for this item is 12 working days. Because of the special features of the microwave oven, customers may buy it whether it is currently available in the store. Hence, the store is considering selling it on a back order basis if it is beneficial. It is estimated that one unit on back order for a one year period costs the store $150.

Assuming shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual holding cost.

18. An appliance store carries a specialty model of microwave ovens. The demand for the microwave oven is relatively constant at 2500 units per year. Placing an order costs the store $500 regardless the quantity ordered. Carrying one unit over a one year period costs the store $50. The store opens 300 days per year and the lead time for this item is 12 working days. Because of the special features of the microwave oven, customers may buy it whether it is currently available in the store. Hence, the store is considering selling it on a back order basis if it is beneficial. It is estimated that one unit on back order for a one year period costs the store $150.
Assuming shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual shortage cost.

QUESTION 19

1. An appliance store carries a specialty model of microwave ovens. The demand for the microwave oven is relatively constant at 2500 units per year. Placing an order costs the store $500 regardless the quantity ordered. Carrying one unit over a one year period costs the store $50. The store opens 300 days per year and the lead time for this item is 12 working days. Because of the special features of the microwave oven, customers may buy it whether it is currently available in the store. Hence, the store is considering selling it on a back order basis if it is beneficial. It is estimated that one unit on back order for a one year period costs the store $150.
   Assuming shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the annual total relevant, including ordering, holding and shortage, cost.

   		4844.96
   		4837.60
   		3609.40
   		1228.20
   		none of the above

20. An appliance store carries a specialty model of microwave ovens. The demand for the microwave oven is relatively constant at 2500 units per year. Placing an order costs the store $500 regardless the quantity ordered. Carrying one unit over a one year period costs the store $50. The store opens 300 days per year and the lead time for this item is 12 working days. Because of the special features of the microwave oven, customers may buy it whether it is currently available in the store. Hence, the store is considering selling it on a back order basis if it is beneficial. It is estimated that one unit on back order for a one year period costs the store $150.
Assuming shortage is allowed and the store manager is sure that shortages will not become lost sales, determine the reorder point.

38. According to the authors, some technologies are considered for outsourcing when there is a cost, quality, or other advantage

True

False

40. It is preferable to use Statistical Process Control instead of inspection whenever possible.

True

False

44. One of the downsides of using a single supplier is the potential for future price opportunism.

True

False

47. With Gantt charts precedence relations need to be kept in the scheduler’s head.

True

False

Consider the game of craps designed by Econ 261 Hotel students. The game consists of rolling two fair six-sided dice. You win a dollar if the sum of the dots on the two dice is 2, 3, 4, or 5; if the sum of the dots on the two dice is 9, 10, 11, or 12 you lose a dollar. You win nothing, (that is you get $0) if the sum is 6, 7, or 8. The variance of X, Var(X) is:

20.)

Zen Inc. manufactures two types of products, the G1 and the T1 model airplane. The manufacturing process consists of two principal departments: production and assembly. The production department has 58 skilled workers, each of whom works 7 hours per day. The assembly department has 25 workers, who also work 7-hour shifts. On an average, to produce a G1 model, Zen Inc. requires 3.5 labor hours for production and 2 labor hours for assembly. The T1 model requires 4 labor hours for production and 1.5 labor hours in assembly. The company anticipates selling at least 1.5 times as many T1 models as G1 models. The company operates five days per week and makes a net profit of $130 on the G1 model, and $150 on the T1 model. Zen Inc. wants to determine how many of each model should be produced on a weekly basis to maximize net profit.

If the numbers of G1 and T1 products produced each week are denoted as G and T respectively, the function that describes Zen, Inc.’s sales prediction for a week is

Jiminy's Cricket Farm issued a 20-year, 7 percent semiannual coupon bond 5 years ago.The bond currently sells for 94 percent of its face value. The company's tax rate is 24 percent. The book value of the debt issue is $45 million. In addition, the company has a second debt issue, a zero coupon bond with 10 years left to maturity; the book value of this issue is $30 million, and the bond sells for 65 percent of par.

a. What is the company's total book value of debt?

b. What is the company's total market value of debt?

c. What is the aftertax cost of debt?

Randomly selected students were given five seconds to estimate the value of a product of numbers with the results shown below.
Estimates from students given 1×2×3×4×5×6×7×8:

10000, 2040, 750, 4000, 42200, 6000, 1500, 5000, 500, 5000

Estimates from students given 8×7×6×5×4×3×2×1:

100000, 10000, 52836, 1200, 450, 100000, 200, 2050, 1500, 400

Use a 0.05 significance level to test the following claims:

Claim: the two populations have equal variances.

The test statistic is  
The larger critical value is  
The conclusion is
A. There is sufficient evidence to reject of the claim that the two populations have equal variances. (So, we can assume the variances are unequal.)
B. There is not sufficient evidence to reject the claim that the two populations have equal variances. (So, we can assume the variances are equal.)

Claim: the two populations have the same mean.

The test statistic is  
The positive critical value is  
The negative critical value is  
The conclusion is
A. There is not sufficient evidence to reject the claim that the two populations have the same mean.
B. There is sufficient evidence to reject the claim that the two populations have the same mean.

Objective:
The purpose of this assignment is to:

• You understand and can work with C++ arrays, characters, and strings.
• You are comfortable with writing functions in C++.
• You are familiar with repetitive structures (loops) and selection statements (if/else or switch) in any combination and can use them in functions and manipulate array data.
• You can approach a complex problem, break it down into various parts, and put together a solution.
• You will be able to:
  • Use the basic set of Unix commands to manipulate directories and files
  • Create and edit files using a standard text editor
  • Transfer files from a laptop to the Unix server
  • Use the G++ compiler to compile programs
  • Execute C++ programs that you have written

Directions:

Write a C++ program that will create a menu driven program with the following options:

Menu Options:
A) Text to Morse code
B) Quit

If user selects A or a:

• The user is asked to input a string of characters
• Each character is converted into Morse code and displayed to the screen (see http://www.sckans.edu/~sireland/radio/code.html (Links to an external site.))
• If the user enters a string that contains items not listed in the table below "Error : word contains symbols" is displayed to the screen

If user selects B or b:

• The application ends

Otherwise:

• The user is asked to enter a valid menu option

Make sure your program conforms to the following requirements:

1. This program should be called MorseCode.cpp

2. It must provide the functions defined above. You are required to use and define proper C++ functions, but for this program, you are allowed to define them (80 points).

3. Add comments wherever necessary. (5 points)

4. Run the program in linprog.cs.fsu.edu - select option A - redirect output to a file called OutputA.txt (include OutputA.txt in submission and Unix command executed) (5 points)

Sample Runs:

NOTE: not all possible runs are shown below.

Welcome to the Morse code program
Menu Options:
A) Text to Morse code
B) Quit
h
Menu Options:
A) Text to Morse code
B) Quit
a
Enter a word and I will translate it to Morse code.
-> sos
...
---
...
Menu Options:
A) Text to Morse code
B) Quit
A
Enter a word and I will translate it to Morse code.
-> ok
---
-.-
Menu Options:
A) Text to Morse code
B) Quit
a
Enter a word and I will translate it to Morse code.
-> ??
Error : word contains symbols
Menu Options:
A) Text to Morse code
B) Quit
a
Enter a word and I will translate it to Morse code.
-> ok
---
-.-
Menu Options:
A) Text to Morse code
B) Quit
B

General Requirements:

1) Include the header comment with your name and other information on the top of your files.

2. Please make sure that you're conforming to specifications (program name, print statements, expected inputs and outputs, etc.). Not doing so will result in a loss of points. This is especially important for prompts. They should match mine EXACTLY.

3. If we have listed a specification and allocated point for it, you will lose points if that particular item is missing from your code, even if it is trivial.

4. No global variables (variables outside of main()) unless they are constants.

5. All input and output must be done with streams, using the library iostream

6. You may only use the iostream, iomanip, vector, and string libraries. Including unnecessary libraries will result in a loss of points.

7. NO C style printing is permitted. (Aka, don't use printf). Use cout if you need to print to the screen.

8. When you write source code, it should be readable and well-documented (comments).

9. Make sure you either develop with or test with g++ (to be sure it reports no compile errors or warnings) before you submit the program.

NA Co. issued note receivable in January, 2017. The terms of the note are a two-year, $100,000, 10% interest rate. Assuming the market interest rate is 8% per annum and NA Co. use the effective interest method for an amortization, how much would NA Co. amortize discount (or premium) on the note receivable on the end of 2017? (The present value of $1 for one and two period at 8% is 0.92593 and 0.85734. The present value of $1 for one and two period at 10% is 0.90909 and 0.82645). Group of answer choices

Discount $1,818.

Premium $182.

Premium $1,715.

Discount $0.