(Materials Testing Results)

Q: The 30% rubber group reported a strain at yield of 0.38 and a strain at break of 0.3. Please explain this change.

1. Given a population in where the probability of someone being left handed is 0.3,
people is taken then...

Calculate the probability the proportion of left-h

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Required:

1-a. Compute the throughput time for each month.

1-b. Compute the delivery cycle time for each month.

1-c. Compute the manufacturing cycle efficiency (MCE) for each month.

2. Evaluate the company’s performance over the last four months.

3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Required:

1- Compute the throughput time for each month. Compute the delivery cycle time for each month. Compute the manufacturing cycle efficiency (MCE) for each month.

2. Evaluate the company’s performance over the last four months.

3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE.

3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE.

In the following, S0 is the stock price in dollars as of today, K is the strike price in dollars, r is the continuously-compounded risk-free interest (as a decimal), q is the continuous dividend yield (as a decimal), sigma is the volatility (as a decimal) and T is the time to maturity in years. Compute option prices in dollars for the following types of options and the following parameter values with a three step binomial tree.

A. S0 = 100, K = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1. European call. What is the price in dollars today?

B. S0 = 100, K = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1. European put. What is the price in dollars today?

C. S0 = 100, K = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1. American call. What is the price in dollars today?

D. S0 = 100, K = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1. American put. What is the price in dollars today?

We define the “Early exercise premium” to the difference between the American option price and the corresponding European option price. For the case of call options, and S0 = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1.

E. What is the Early exercise premium when K = 100?

F. What is the Early exercise premium when K = 125?

G. What is the Early exercise premium when K = 75?

H. What is the Early exercise premium when K = 60?

I. In the case that S0 = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1, and for an American call option with strike K = 60, what is the price in dollars today?

J. In the case that S0 = 100, r = 0.07, q = 0.05, sigma = 0.3, T = 1, and for an American call option with strike K = 60, at what time would a holder of the option optimally exercise?

All the questions above set the dividend yield to q = 0.05. Change the dividend yield to q = 0.10 and answer the questions corresponding to questions E, F, G and H above.

K. What is the Early exercise premium when the dividend yield q = 0.10 and K = 100?

L. What is the Early exercise premium when the dividend yield q = 0.10 and K = 125?

M. What is the Early exercise premium when the dividend yield q = 0.10 and K = 75?

N. What is the Early exercise premium when the dividend yield q = 0.10 and K = 60?

Now set the dividend yield q = 0.10 and the strike K = 75. . For the case of the European call, q = 0.10 and K = 75, what is the Delta (position in stock to make portfolio of the stock and a short position in one option riskless).

P. For the case of the American call, q = 0.10 and K = 75, what is the Delta (position in stock to make portfolio of the stock and a short position in one option riskless).

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.

Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:

Problem 11-14 Measures of Internal Business Process Performance [LO11-3]

Heating, Ventilating and Air Conditioning (HVAC) Systems create and maintain the levels of comfort required by guests and employees. HVAC systems must be properly selected, operated and maintained if they are they are to provide an appropriate level of comfort.

How do you think a hotel building stays cool?

Discuss four risks that your company is likely to be exposed to if it goes ahead with debt finance as a source of finance and explain with 5 points how this decision will affect the return to the equity holders or shareholders of your company (hotel) following the arguments of M&M proposition 2.