. Root depth for grasses and shrubs in a type of soil known as glacial outwash was studied in Yellowstone National Park. It was found that the root depth in this type of soil is a normally distributed random variable with standard deviation 8.94 inches. (a) In a proposed study region of glacial outwash, how many plants should be carefully dug up and studied to be 90% sure that the sample mean root depth is within 0.5 inches of the population root depth? (b) How many to be 90% sure that it is within 0.25 inches? (Is there any obvious relationship to the answer of part (a)?
In: Statistics and Probability
Dizzy Inc. is the only operator of themed amusement parks (DizzyWorld). Dizzy’s production function (which, oddly, relies only on labor) is given by:
Q = 60L^0.5
Dizzy pays its workers w = $12. Consumer demand for admission to DizzyWorld is given by: QD = 24,000 – 200P
1a) Find Dizzy Inc’s profit-maximizing quantity (number of theme park admissions)
1b) Find what price Dizzy will charge to attain this level of demand?
1c) Compare (using SPECIFIC NUMBERS) the Monopoly P and Q with the outcomes form a perfectly competitive market
In: Economics
True or false:
1) If a nation is selling more goods and services to foreigners than it is buying from them, then on net it must be selling assets abroad.
2) It is possible for a country to have domestic investment that exceeds national saving.
3) If a country’s trade surplus falls, its net capital outflow rises.
4) If the exchange rate is 80 yen per dollar, then a hotel room in Tokyo that costs 25,000 yen costs $200.
5) Other things the same, an increase in the nominal exchange rate raises the real exchange rate.
In: Economics
As a field representative for your company, you are accustomed to traveling and working from hotels on the road. You always stay in a hotel with free WiFi so that you work and check your email, as well as Skype with your family.
What are the risks of using a public WiFi?
Short of finding a more secure network, what could you do to use this wireless network in a more secure fashion?
What options do you have if you are traveling for personal reasons and not as an employee?
Make sure you collect this information in a single Microsoft Document
In: Computer Science
Business law:
Eminent domain is the constitutional principle that the government can take private property from an owner for a public purpose with fair compensation. Examples would be to build an airport, a park, or a highway. One controversial Supreme Court case allowed a city government to transfer ownership from one set of owners to a private corporation for a new headquarters building. The city said it was for "urban renewal" and would bring in more money for the city. Share your thoughts about whether this is a fair public use or if that transfer or ownership should not have been allowed.
In: Accounting
In: Finance
In: Electrical Engineering
Develop a simple MIS (Management Information System)
that consists of a simple database (a text file). The system
manages to dynamically input record/data into the database. The
data from the database can be sorted, searched and updated. User
also should be able to add new records/data, remove any data and
etc.
Here are some ideas of MIS that can be developed:
1. Hotel reservation system.
2. Students management system.
3. Payroll management system.
4. Bus/Railway/Plane ticketing system.
5. Clinic record management system.
In: Mechanical Engineering
Develop a simple MIS (Management Information System)
that consists of a simple database (a text file). The system
manages to dynamically input record/data into the database. The
data from the database can be sorted, searched and updated. User
also should be able to add new records/data, remove any data and
etc.
Here are some ideas of MIS that can be developed:
1. Hotel reservation system.
2. Students management system.
3. Payroll management system.
4. Bus/Railway/Plane ticketing system.
5. Clinic record management system.
In: Mechanical Engineering
48. REVPASH was a great metric if used based on historical data to subtly turn tables, get customers to pay the check, and create upsell incentives”
T / F
49. If a hotel is missing one of the two prong tests for termination, say Revpar is 85, it is so low that an ownership group could theoretically cancel the contract with the management company because of gross mismanagement related to just RevPAR.
T / F
50. Most employees quit their job because of salaries and benefits below the market average and not for any other reason.
T / F
In: Operations Management