For each conjecture below, you are to describe in words what Ho and H a are. Consider the decision that you have to make based upon your conjectures. Then make a chart similar to the ones I created and fill in words what the Type I and Type II errors mean. Finally, describe the ramifications of making these errors within the context of the problem and describe which of the 2 errors are worse (in your opinion).

1. It is believed that a new drug can cure a cold.

2. The teacher will never check homework today.

3. In a big store like Walmart, they will never catch me if I shoplift.

4. Saddam Hussein has weapons of mass destruction. (this was the conjecture several years ago)

5. If I try to learn to ski, I will end up hurting myself.

6. I won’t apply to the University of Pennsylvania because I am sure I’ll never get in.

7. There might be a bomb in the school because someone called in a threat. We should evacuate.

8. Heaven and Hell exist

USE C language :- The use of computers in education is referred to as computer-assisted instruction (CAI). Write a program that will help an elementary school student learn multiplication. Use the rand function to produce two positive one-digit integers. The program should then prompt the user with a question, such as
How much is 6 times 7?

The student then inputs the answer. Next, the program checks the student’s answer.

• If it’s correct, display the message "Very good!" and ask the student if she/he would like to continue. If no terminate the program. if yes ask another multiplication question.
• If the answer is wrong, display the message "No. Please try again." and let the student try the same question repeatedly until the student finally gets it right.

A separate function should be used to generate each new question. This function should be called once when the application begins execution and each time the user answers the question correctly.

Before ending the program, the program should display how many questions were right and how many questions were answered wrong at the first time it was answered.

1. (a) Kyan Barron has been made jobless from a managerial position in a financial institution in
Jamaica where he had worked for the past fifteen years. The benefits which formed
part of his compensation package were a mortgage at 5% and a company vehicle
which had cost $3,000,000 when it was new. His plan is to go into business as a
computer consultant working in Jamaica and the Eastern Caribbean countries. He
has to decide whether

- to operate as a sole proprietor or
- to incorporate and be a director or shareholder or
- to operate in partnership with a former school friend or
- set up in business in one of the Eastern Caribbean islands

Question:

Advise Kyan on his options of

a. sole proprietor

b. corporation

c. partnership

d. the most ideal caribbean country between Barbados and St. Lucia to set up business

Kyan wishes for you to take into consideration: the tax (corporate and individual) structure, available allowances, National Insurance/Social Security costs, Value Added Tax/GST arrangements and the economic development in Barbados and St. Lucia.

You are a financial analyst for a company that is developing a new resort in Hawaii and the firm is in the process of purchasing 10 gold carts to carry potential condominium buyers around the property. You are choosing between one made by Club Car or one made by Yamaha. The two carts are judged to be similar in utility, but the Club Car is made more durably and is expected to have an effective working life of 5 years, compared to 4 for the Yamaha. Your firm’s tax rate is 35% and the required rate of return on this investment is 8%. Either one would be deprecated over its useful life to a salvage value of zero. At the end of their effective life, the carts will be donated to a local school system and so will have zero estimated salvage value. Which cart should the firm purchase? The following information is available:

Club Car:

Purchase price: $22,000

Annual Maintenance Expense: $1,900

Salvage Value at Life End: $0

Yamaha:

Purchase price: $19,000

Annual Maintenance Expense: $2,100

Salvage Value at Life End: $0

In September 2008, Lehman Brothers went bankrupt. Lehman’s assets in Asia and Europe were purchased by Nomura for the bargain price of $200 million. Founded in 1925, Nomura is the oldest and largest securities brokerage and investment banking firm in Japan. Although Nomura had operated in 30 countries prior to the Lehman deal in 2008, it had always been known as a significant but still primarily regional (Asian) player in the big league of the financial services industry. The deal was expected to boost Nomura’s presence in investment banking. Four years later, the performance has been disastrous, with Nomura losing an aggregate of $440 million since its Lehman acquisition.

Q1: What is the strategic fit between Nomura and Lehman?

Q2: Is there any organizational fit? How can the gaps between the cultures of these two firms be bridged?

Q3: How does Nomura alleviate the concerns of multiple stakeholders?

Q4: How would you predict the effectiveness of Nomura’s transformation after this acquisition to be?

Consider the following data.   

If the database administrator in the University has turned off auto-commit, consider the following:

Student 4211 has joined the Photomedia and Design club. When the system admin wanted to update the database, she wrote the following statement:

UPDATE STUDENT

SET CLUBID = “PDC”

Answer the following:

1. How does the above SQL statement produce false information in the Student table?

Mary is a typical American girl who drives a jeep and wears jeans with holes in the knees and white t-shirts. She has an image of herself as slightly overweight. She exercises regularly, eats carefully, and tends to drink diet sodas to avoid those extra calories. She meets John, who has a great sense of humor and rarely wears shoes. They soon marry and begin to have children. They appear to be two normal parents, but their first son has some severe developmental delays. Undaunted, they have more children-- two boys and two girls, one of which has the same issue as the first son. Mary thinks that John isn’t telling the truth about his family, who she has never met, and that he has “bad genes”. John thinks it is something Mary does and his ardor for her wanes. So Mary switches to wearing dresses. Since Mary notices that this changes her appearance, she stops dieting, but continues to eat carefully and exercises and gets her whole family to do so. Her image of herself improves, and so does their relationship. They have five more children, none of which are retarded. John feels vindicated and Mary begins to feel guilty. Once again marital troubles arise. Because of their strong commitment to one another, John and Mary decide to visit their minister, who is also a genetic counselor. He has an idea and suggests some tests on the children. The retarded children showed serum phenylalanine concentrations several times the normal. Tests on fragments of the DNA from chromosome 12 indicate that of the first five children, the normal children each have at least one copy of the DNA most people have. (Which allele would these children have?) The developmentally delayed children have two unusual copies. (Which allele would these children have?) In the second set of five children, one of the children has two copies of the normal DNA, two have only one copy, and two have none of the normal sequence of DNA. (What would be the genotypes in each of these cases?) The night the minister is to meet with John and Mary to explain this to them, his car is found on the side of the road with the folder containing this information, two empty cans of diet Dr. Pepper, and a single white rose. The minister was never found. Your team of genetic counselors is called in to explain the cause of the developmental delays to John and Mary and to explain what, if anything, they can do about it. Fill in the information requested below.(5pts) [note: you may need to look outside your text book for help in answering this question. Hint – what warning appears on the label of diet drinks containing aspartame?] You may need to look up some information on aspartame.

1. Based on the information provided in the story, what are John and Mary’s genotypes? John’s __________ Mary’s ____________ How do you know?

2. If John and Mary were to have another child, what is the probably that they would have a child that could possibly have a problem with mental retardation (particularly if they don’t pay attention to diet)? Use the Punnet square below to help with your answer (you must fill it out for full credit!)

3. What can you tell John and Mary about the cause of the developmental delays in their children? Is just having the “right” genotype enough or are there other factors involved?

J&L Packaging, Inc.: Cash-to-Cash Conversion Cycle Case Study

Jake and Lilly Gifford founded J&L Packaging, Inc. (J&LP) in 1995 after graduating from the University of Cincinnati. Jake earned a degree in robotics and mechanical engineering, while Lilly graduated with a degree in computer science. They met at the university while working on an information systems course project and married immediately after graduation. Their privately held firm manufactured cardboard packaging and boxes for computer devices such as personal computers, keyboards, replacement hard drives, servers, and so on. Many of their packages were high-end boxes with glossy finishes and the company’s logo on the box. Last year, J&L Packaging, Inc. sales were $106 million.

J&LP Packaging provided many services with their products, such as box and packaging design engineering and consulting, embossing and foil guidance, barcode advice, cartons that fold and collapse for easy storage, and a variety of colors and box strengths. In 2010, J&LP began to research the sustainability issues regarding boxes in the reverse logistics supply chain.Their research lead to a change in production technologies to accommodate up to 100 percent recycled fiber content and solar panels on the roofs of their two U.S. factories. They also hired an engineer to lead the company’s efforts to become a “Green Cycle”-certified manufacturer.

J&LP recently purchased and installed an ISOWA FALCON state-of-the-art, four-color, high-speed flexo box machine with an extensive zero defects quality control system. This box cutting and fabrication machine is manufactured in Kasugai, Japan, by the ISOWA Corporation (www.isowa.com). There are several videos of this automated machine in operation on YouTube,” for example https://www.youtube.com/watch?v5XofTns666Aw.

J&LP’s financial information for last year follows. It is assumed the business operates 300 days per year. One note in J&LP financial statement states that the $4,906,000 of inventory does not include $886,000 in inventory allowances for excess, cancelled orders, and obsolete inventories. The note goes on to say, “Inventory management remains an area of focus as we balance the need to maintain strategic inventory levels to ensure competitive lead times versus the risk of inventory obsolescence because of changing technology and customer requirements. The box and packaging business is a dynamic industry that must quickly accommodate customer requirements, changes in forecasts, and new findings from research and development on product features and options.” The following data (in thousands of dollars $) is provided.

1. Should we consider services in the cash-to-cash conversion cycle computations?
2. How will you handle the $886,000 in obsolete inventory?
3. What is the total cash-to-cash conversion cycle for J&L Packaging, Inc. for last year?
4. What are your conclusions and final recommendations?

J&L Packaging, Inc.: Cash-to-Cash Conversion Cycle Case Study

Jake and Lilly Gifford founded J&L Packaging, Inc. (J&LP) in 1995 after graduating from the University of Cincinnati. Jake earned a degree in robotics and mechanical engineering, while Lilly graduated with a degree in computer science. They met at the university while working on an information systems course project and married immediately after graduation. Their privately held firm manufactured cardboard packaging and boxes for computer devices such as personal computers, keyboards, replacement hard drives, servers, and so on. Many of their packages were high-end boxes with glossy finishes and the company’s logo on the box. Last year, J&L Packaging, Inc. sales were $106 million.

J&LP Packaging provided many services with their products, such as box and packaging design engineering and consulting, embossing and foil guidance, barcode advice, cartons that fold and collapse for easy storage, and a variety of colors and box strengths. In 2010, J&LP began to research the sustainability issues regarding boxes in the reverse logistics supply chain.Their research lead to a change in production technologies to accommodate up to 100 percent recycled fiber content and solar panels on the roofs of their two U.S. factories. They also hired an engineer to lead the company’s efforts to become a “Green Cycle”-certified manufacturer.

J&LP recently purchased and installed an ISOWA FALCON state-of-the-art, four-color, high-speed flexo box machine with an extensive zero defects quality control system. This box cutting and fabrication machine is manufactured in Kasugai, Japan, by the ISOWA Corporation (www.isowa.com). There are several videos of this automated machine in operation on YouTube,” for example https://www.youtube.com/watch?v5XofTns666Aw.

J&LP’s financial information for last year follows. It is assumed the business operates 300 days per year. One note in J&LP financial statement states that the $4,906,000 of inventory does not include $886,000 in inventory allowances for excess, cancelled orders, and obsolete inventories. The note goes on to say, “Inventory management remains an area of focus as we balance the need to maintain strategic inventory levels to ensure competitive lead times versus the risk of inventory obsolescence because of changing technology and customer requirements. The box and packaging business is a dynamic industry that must quickly accommodate customer requirements, changes in forecasts, and new findings from research and development on product features and options.” The following data (in thousands of dollars $) is provided.

1. Should we consider services in the cash-to-cash conversion cycle computations?
2. How will you handle the $886,000 in obsolete inventory?
3. What is the total cash-to-cash conversion cycle for J&L Packaging, Inc. for last year?
4. What are your conclusions and final recommendations?

I do not want someone to simply answer the questions for me. I want to make sure I am doing it correctly.

Specifically, I would like help with question #3

The formula provided for cash-to-conversion is:

ARDS= Accounts receivable value/Revenue per day

APDS=Accounts payable value/Revenue per day

Revenue per day (R/D) =Total revenue/Operating days per year

Cash-to-cash conversion cycle =IDS+ARDS-APDS

Here's what I got:

Inventory days’ supply (IDS) =

Average total inventory/ Cost of goods sold per day=4,906+886=5792

Cost of goods sold per day (CGS/D) = 31,725/300 Days per year= 105.75

Cost of goods sold value/ Operating days per year

5792/105.75=54.77

IDS=54.77

IDS+ARDS= the firms receivable cycle is 80.08

ARDS= Accounts receivable value/ Revenue per day =7,593/300=25.31

APDS= Accounts payable value/ Revenue per day =9,338/300=31.13

APDS =31.13, which is how many days the firm has to pay back its bill.

Which means the firm receives it payments, “receivables” 48.95 days later.

Is this right? Help!