In: Operations Management
Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it is uncertain what will be in the funding package. What should AND should NOT be included in the next COVID-19 Funding Package? Respond to the below statements
1 Congress should include to all immigrants who have an ITIN and those who are undocumented workers. Congress should also provide them with cash assistance, unemployment and health insurance, since many immigrants with the ITIN also pay state and federal taxes.
2 What should be included in the Covid-19 Funding package is unemployment benefits, and a stimulus check, so it could provide us help through these tough times. What should not be included in the next Funding package infrastructure spending’s
In: Economics
Suppose that Jeff has a US quarter and a US nickel. Jeff believes that his US quarter is more likely to land heads than his US nickel. Suppose Jeff flips his quarter 100 times and gets 51 heads, and Jeff independently flips the nickel 100 times and gets 49 heads.
(a) Construct a 99% confidence interval for the difference in the proportion of times Jeff’s quarter lands heads and the proportion of times Jeff’s nickel lands heads.
(b) If Jeff’s quarter were to truly land heads more often than his nickel, would Jeff hope that the confidence interval in (a) consists of only negative or only positive real numbers? Briefly explain your answer.
(c) What could Jeff do to get a narrower confidence interval than the confidence interval in (a)?
In: Statistics and Probability
The average annual tuition for a public university in 1998 was $20,598. In 2018, the average annual tuition for a public university is $25,659. How much (as a percentage) has the tuition cost increased over the entire period? State your answer to two decimal places (e.g., 3.86)
In: Finance
How much would you need to gift to the university today to establish a scholarship fund that pays out $10000 in scholarships in one year and grows the scholarship payout by 1% per year? Assume that the university endowment earns 8% per year on its investments.
In: Finance
Assess and investigate the potential impact of the risk factors
you’re your organisation faces
The coronavirus epidemic has changed the way organisations are
working.
Your task is to assess the impact of the epidemic on your university.
a) Explain how the analysis helps to identify risk for
your university??
In: Accounting
A random sample of 64 students at a university showed an average age of 20 years and a sample standard deviation of 4 years. The 90% confidence interval for the true average age of all students in the university is
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19.50 to 20.50 |
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19.36 to 20.38 |
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19.18 to 20.49 |
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19.02 to 20.59 |
In: Statistics and Probability
Assume Manchester University wants to make sure, its graduates would find jobs with the highest possible wage during the job search process, because this will help the university to increase its reputation, and as a result, it will be able to increase the tuition rates. How can the university increase the average wage level of their students get after they graduate, assuming it can no longer increase their skill level? I think question is clear there is no neeed extra explanation please feel free to answer question and you can mention about both productivity and equilibrium.
In: Economics
please do not answer by hand written
2. Going ON-LINE in a Hurry: You are working for the Crisis Management Team at a University XYZ. In light of the current events on campuses for the decisions that needed to be made in response to the pandemic, your team has been asked to develop a plan to convert the University of XYZ's classes on-line. Using your knowledge of systems engineering and co-ops, identify the Scope, Current situation, Justification for the Change, Proposed response, Operations
Scenarios, Impacts, and Analysis University XYZ needs to help develop a plan to convert classes on-line.
In: Operations Management
Case Study #1 WALITAN CONSTRUCTION COMPANY
Ashley Wesley is the assistant controller at the Walitin Construction Company. Walitin is headquartered in Miami, Florida, and has a general contractor’s license in 30 different states. It is a privately held company with about 5,000 stockholders, with the majority of the stock being owned by the Walitin family.
Roberta Walitin has been the CEO of Walitin Construction for the previous 12 years. Everyone considers her an excellent leader with excellent business skills. She has an undergraduate degree from the University of Illinois in engineering and an MBA from the same school with a concentration in accounting.
Roberta has always insisted on ethical business practices, so
two years ago she worked
with Ashley to set up an ethics hotline, which Ashley personally
manages on a daily
basis. Anyone either inside or outside of the company can submit
tips anonymously by e-mail, telephone, or a special Web page she
had set up. There is a prominent link to the hotline on the home
page of the company’s Web site.
Since Ashley set up the hotline, she has received three tips, all via the Web. In every case, the tip was about a subcontractor overbilling the company for services rendered. In two of the cases, she was unable to confirm or disconfirm whether there was fraud, mainly because it is almost impossible to investigate the work of a subcontractor on a job that has already been completed. But in the other case, she caught a roofer billing for fictitious work. She did not report the fraud to authorities, but Roberta did immediately replace the subcontractor with another roofing company. Ashley reports to Bob Benson, Walitin’s controller. He’s been with the company for many years and works very closely with Roberta. His main interest seems to be producing the financial statements and working with her to obtain new clients. Roberta and Bob spend large periods of their time going to lunches with clients, participating in civic meetings, and helping in small community-service construction projects.
Because Bob is busy so much of the time with outside activities, Ashley pretty much runs everything in accounting on her own except for the software and hardware, which Bob manages in conjunction with the head of the IT department.
Bob is not interested in details, and anytime Ashley tries to explain something to him, he simply waves a hand and says, “Don’t worry me with operational issues. Just take care of it.” Ashley has learned to live with his hands-off approach.
Overall, Ashley runs everything smoothly. Her main problem is that Betty Grabber, the senior accountant reporting to her, wants Ashley’s job. To make things worse, Betty is a niece of Roberta Walitin’s husband.
Betty is a very wily person. Her goal is to have Ashley fired, and she’s been using her family connections to get the message to Roberta that Ashley is scheming to have Bob Benson, the controller, fired. Ashley also suspects that Betty has been spreading a rumor that she’s planning to go to work for a competitor if she is not successful in taking over Bob’s job.
Ashley is unsure as to whether Bob is aware of the rumors. He seems to be avoiding her recently, and there seems to an edge in his usually friendly voice. Ashley is feeling depressed just thinking about it. She’s heard that Bob is having serious marital problems. Perhaps those problems are affecting the way he acts.
This morning Ashley had a major surprise when she started reading her e-mail, which contained a new anonymous tip. Someone had submitted it last night via the Web, and it had automatically been forwarded to her via e-mail. The tip read as follows:
To: Walitin Tip System
From: http://[email protected]
Sent: Tuesday 8/1/2015
Ms. Wesley,
I’m sending this tip to help you. I understand what you are going through. You’re working for a liar and a thief. Bob Benson is hacking the accounting system to produce fraudulent financial statements. He’s doing it in such a way that you’ll get the blame. It’s going to be a big mess.
What should Ashley do? Should she try to investigate? Should she report the tip to Roberta?
Evaluate Walitin’s hotline and make recommendations for its
improvement.
In: Accounting