Questions
A marketing expert working for Macey’s grocery store wishes to know the average number of times...

  1. A marketing expert working for Macey’s grocery store wishes to know the average number of times wallmart customers visit the store each week. In order to address this question, she chooses three different hours on Saturdays during which she stands outside the grocery store and talks to customers as they enter to do their shopping.
  1. State the population(s) of interest.

  1. Identify the parameter(s) of interest.

  1. Why is the parameter not ‘the number of times each person visits Macey’s in a week’?

  1. Is this an observational study or a controlled experiment? Explain.

  1. What type of analysis does this anticipate?
  1. If applicable, identify one problem with the sampling scheme and explain how this would bias the results of the experiment. Otherwise, explain why you think the sampling is well done.

In: Statistics and Probability

You are the assistant to the Managing Director (MD) of an open-air gardening business that does...

You are the assistant to the Managing Director (MD) of an open-air gardening
business that does a brisk week-day trade in indoor and outdoor plants, tools,
chemicals and simple prefab buildings. The business has greenhouses and offices,
but there is no cafeteria or garden shop. The nusiness does not deliver to
customers, and closes at noon on Saturdays, although the practice of three
neighbouring centres is to remain open until 17:00. All customers are required
to pay cash.
The MD has asked you to survey how the business is run, paying particular
attention to shortcomings. She would be glad to receive helpful suggestions.
Write a report based on the information above, and any other that seems
appropriate. Include only the following parts:
Introduction
Findings Conclusion Recommendations

In: Operations Management

Bickel Corporation uses customers served as its measure of activity. The following report compares the planning...

Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November:

Bickel Corporation
Comparison of Actual Results to Planning Budget
For the Month Ended November 30
Actual Results Planning Budget Variances
Customers served 36,000 35,000
Revenue ($3.40q) $ 122,300 $ 119,000 $ 3,300 F
Expenses:
Wages and salaries ($23,500 + $1.25q) 68,500 67,250 1,250 U
Supplies ($0.65q) 20,450 22,750 2,300 F
Insurance ($5,400) 5,400 5,400 0 None
Miscellaneous expense ($4,400 + $0.34q) 14,000 16,300 2,300 F
Total expense 108,350 111,700 3,350 F
Net operating income $ 13,950 $ 7,300 $ 7,150 F

Required:

Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

For each of the following independent events, indicate the amounts and direction of effects on the...

For each of the following independent events, indicate the amounts and direction of effects on the elements of the statement of financial position and statement of earnings. Using the following format, indicate + for increase, and - for decrease, and NE for no effect. Also, included the specific account name affected.

Transactions:
Eg: Rent in the amount of $1,500 is owing to the landlord at year end.
1)      Received $400 smart phone bill to be paid next month.
2)      Paid $1,800 for insurance coverage that begins next month.
3)     Assets currently include prepaid rent expense of $2,800 of which $1,600 has expired by year end.
4)      Owe employees $6,000 at the end of the year.
5)      Supplies used during the year is $4,000. This amount is currently recorded in the office supplies inventory account.
6)     Customers redeemed $350 of gift cards which were recorded as deferred revenue when issued.
7)     Sold goods to customers for $5,200 on account. Cost of goods sold was $3,000.
8)      Purchase $7,000 of inventory on credit.
9)     Purchased $40,000 of equipment, for $15,000 cash and the remainder on a note payable.

In: Accounting

At the end of the year, a company offered to buy 4,450 units of a product...

At the end of the year, a company offered to buy 4,450 units of a product from X Company for a special price of $11.00 each instead of the company's regular price of $17.00 each. The following information relates to the 62,400 units of the product that X Company made and sold to its regular customers during the year:

Per-Unit Total     
Cost of goods sold $7.80    $486,720   
Period costs 2.74    170,976   
Total $10.54    $657,696   


Fixed cost of goods sold for the year were $142,272, and fixed period costs were $83,616. Variable period costs include selling commissions equal to 3% of revenue.

6. Profit on the special order is


7. Assume the following two changes for the special order: 1) variable cost of goods sold will decrease by $0.78 per unit, and 2) there will be no selling commissions. What would be the effect of these two changes on the special order profit?


8. There is concern that regular customers will find out about the special order, and X Company's regular sales will fall by 950 units. As a result of these lost sales, X Company's profits would fall by

In: Accounting

Sunny Park Tailors has been asked to make three different types of wedding suits for separate...

Sunny Park Tailors has been asked to make three different types of wedding suits for separate customers. The table below highlights the time taken in hours for cutting and sewing? (process 1) and delivery? (process 2) of each of the suits.

??

Times Taken for Different Activities (hours)

Suit Cut and Sew Deliver

1 7 2

2 4 3

3 5 6

???????????????

For the schedule developed using the? Johnson's rule, the total length of time taken to complete the three suits? (including delivery)? =

Of the two developed? schedules, which rule gets the schedule finished sooner.??????????????????????????

In: Operations Management

a) A researcher is interested in exploring patterns of communication among local junior football coaches. She...

a) A researcher is interested in exploring patterns of communication among local junior football coaches. She decides to use a qualitative approach as she believes that this will provide her with a deeper understanding of the contextual factors that influence coach communications however she is uncertain about what method of data collection to use. Choose one method of data collection that you would recommend the researcher use; briefly describe how this method of data collection could be used by the researcher; and indicate one advantage and one disadvantage / consideration associated with this method of data collection.

b) Braun and Clarke (2006) summarise thematic analysis according to six phases. The first of these phases (i.e., Phase 1) is titled ‘familiarizing yourself with your data’. Reflecting on this phase: 1) summarise the key activities a researcher would perform during this phase; and 2) identify any challenge(s) associated with performing these activities.

c) It is important for qualitative researchers to provide evidence of the trustworthiness of their study. Briefly describe three techniques that could be used by a researcher to increase the trustworthiness of their data and conclusions.

In: Statistics and Probability

Using Ruby A dentist appointment schedule validation software Implement a superclass Appointment and sub classes OneTime,...

Using Ruby

A dentist appointment schedule validation software

Implement a superclass Appointment and sub classes OneTime, Day and Month. An appointment has a description (for example, "Root Canal"), and dates information (you can use Date object or int Year, Int Month, Int Day). Fill an array of Appointment objects with a mixture of appointments.

Write a method OccursOn inside each of the sub classes that checks whether the appointment occurs on that date (OneTime), day (Day) or month (Month). Ask the user to enter a date to check (for example, 2006 10 5), and ask to user if they want to check against OneTime, Day or Month appointment. Based on what the user selected, OccursOn inside each of the sub class should run and display any matching appointment and associated descriptions.

Hint: For OneTime subclass, OccursOn need three inputs (Year, Month and Day) to validate, for Day subclass, OccursOn needs one input (Day) to validate, and for Month subclass, OccursOn need one input (Month) to validate. OccursOn is different for different subclasses.

In: Computer Science

In Ruby A dentist appointment schedule validation software Implement a superclass Appointment and sub classes OneTime,...

In Ruby

A dentist appointment schedule validation software

Implement a superclass Appointment and sub classes OneTime, Day and Month. An appointment has a description (for example, "Root Canal"), and dates information (you can use Date object or int Year, Int Month, Int Day). Fill an array of Appointment objects with a mixture of appointments.

Write a method OccursOn inside each of the sub classes that checks whether the appointment occurs on that date (OneTime), day (Day) or month (Month). Ask the user to enter a date to check (for example, 2006 10 5), and ask to user if they want to check against OneTime, Day or Month appointment. Based on what the user selected, OccursOn inside each of the sub class should run and display any matching appointment and associated descriptions.

Hint: For OneTime subclass, OccursOn need three inputs (Year, Month and Day) to validate, for Day subclass, OccursOn needs one input (Day) to validate, and for Month subclass, OccursOn need one input (Month) to validate. OccursOn is different for different subclasses.

In: Computer Science

Question 2 Assume that you have a three-year-old daughter and you have come to appreciate the...

Question 2

Assume that you have a three-year-old daughter and you have come to appreciate the power of saving and investing. Can you open up and put money into a Roth IRA in your child's name so that she can benefit from many years of compounding?

Yes
No


Question 3

Imagine that you are thirty years old and hold a good job. Can you contribute up to the annual limit ($5500 in 2017) into both a traditional and Roth IRA?

Yes
No

Question 4

The age at which you can begin withdrawing IRA funds without a penalty must correspond to the age at which you start collecting Social Security.

True
False

Question 5

People who are 50 years old or older can add an additional $1,000 to their annual IRA contribution limit.

True
False

In: Economics