Steelcase Inc. has a robotic welder that cost $89,500. Shipping and site preparation cost $2000 and installation cost $700. At the end of the 4 th year of service, this robotic welder was traded in for a new robotic welder with a purchase price of $95,900, shipping and site preparation cost $2,300 and installation cost $800. The trade- in allowance for the old robotic welder was $32,000 for purchasing the new robotic welder.This equipment is a 7-year MACRS class.

a)What is the cost basis of the new robotic welder for computing the amount of depreciation for income tax purposes?

b)If instead of trading in the old robotic welder, Steelcase Inc. sold the old robotic welder on the open market for $32,000, then:

i) What is the cost basis of the newrobotic welder?

ii) For the sold old robotic welder, will Steelcase Inc. need to pay a gains tax or get a tax benefit and calculate the value (assume 21% tax rate).

Consider a supplier order allocation problem under multiple sourcing,
where it is required to buy 2000 units of a certain product from
three different suppliers. The fixed set-up cost (independent of the
order quantity), variable cost (unit price), and the maximum capacity
of each supplier are given in Table 5.15 (two suppliers offer quantity
discounts).
The objective is to minimize the total cost of purchasing (fixed plus
variable cost). Formulate this as a linear integer programming problem.
You must define all your variables clearly, write out the constraints to
be satisfied with a brief explanation of each and develop the objective
function.
TABLE 5.15
Supplier Data for Exercise 5.5
Supplier Fixed cost Capacity Unit Price
1 $100 600 units $10/unit for the first 300 units
$7/unit for the remaining 300 units
2 $500 800 units $2/unit for all 800 units
3 $300 1200 units $6/unit for the first 500 units
$4/unit for the remaining 700 units

A parachutist whose mass is 65 kg drops from a helicopter hovering 2000 m above the ground and falls toward the ground under the influence of gravity. Assume that the force due to air resistance is proportional to the velocity of the​ parachutist, with the proportionality constant b₁ = 20 ​N-sec/m when the chute is closed and b₂ = 90 ​N-sec/m when the chute is open. If the chute does not open until the velocity of the parachutist reaches 25 ​m/sec, after how many seconds will the parachutist reach the​ ground? Assume that the acceleration due to gravity is 9.81 m divided by sec squared.
The parachutist will reach the ground after
_______ seconds.
​(Round to two decimal places as​ needed.)

Assignment Details - This is a 5 part deliverable

PART 1

Your facility has 2000 cases in the following payer mix:

• 40% commercial insurances
• 25% Medicare insurance
• 15% Medicaid insurance
• 15% liability insurance
• 5% all others, including self-pay

What are the proportions of the total cases for each payer?

PART 2

The average Medicare rate for each case is $6,200. Use this as the baseline. Commercial insurances average 110% of Medicare, Medicaid averages 65% of Medicare., Lliability insurers average 200% of Medicare, and the others average 100% of Medicare rates.

1. Calculate the individual reimbursement rates for all 5 payers?
2. What is your expected Accounts Receivable?

PART 3

Which of the following costs are fixed, which are variable, and which are direct or indirect:

• Materials/supplies (gowns, drapes, bedsheets)
• Wages (nurses, technicians)
• Utility, building, usage exp (lights, heat, technology)
• Medications
• Licensing of facility
• Per diem staff
• Insurances (malpractice, business, and so on)

PART 4

Given the following costs per case:

• Materials/supplies: $2,270
• Wages: $2,000
• Utility, building, usage exp: $1,125
• Insurances (malpractice, business, and so on): $175

What is the total cost of all combined cases?

PART 5

Calculate the difference between accounts receivable (A/R) and accounts payable (A/P)

A case of ethics: The New Hampshire Supreme Court

September 2000 saw the historic impeachment trial of David Brock, Chief Justice of the New Hampshire Supreme Court, on four counts: making an improper call to a lower court judge in 1987; soliciting comments from a fellow justice on his own divorce case; lying to investigators; and allowing judges to comment on cases in which they had a conflict of interest. The situation arose after an investigation by the New Hampshire Attorney General shortly after receiving a memo from the Supreme Court Clerk, Zibel, detailing ethical violations relating to Justice Thayer’s divorce case and listing concerns about some of the court practices.

An impeachment trial is held to determine whether a judicial officer should be removed from office. The trial is heard by members of the New Hampshire Senate (elected representatives).

Brock had been a judge for 22 years, the last 14 of which was spent as Chief Justice. The Chief Justice is responsible for the efficient operation on New Hampshire courts and is the administrative head of the Supreme Court—a system funded through the State’s budget. Judges are nominated by the Governor and confirmed by the Executive Council. A Judicial Conduct Committee existed to establish ethical standards and provide guidelines to judges for their maintenance.

1. Maladministration or malpractice in connection with the 1987 case:

It was alleged that Chief Justice Brock phoned Trial Judge Gray in May 1987 to ask him about the status of his decision on a lawsuit in which a local company, Strafford Fuels, was the plaintiff. The owner of Strafford Fuels was the New Hampshire Senate majority leader, Ed Dupont. The phone conversation was to remind Gray of Dupont’s powerful position. Another Superior Court Judge commented that ‘The subject matter of this case did not warrant the treatment it got.’

Brock says he didn’t make the call to Gray but phoned the clerk of the court—Gray says he received the call. The charge also stated that Brock failed to report the call. Gray stated that the call was a ‘lapse in ethics’ and at the hearing said—‘Have I had lapses in ethics? Has anyone in this room had lapses in ethics? If so, raise your hand.’ Another Court Judge backed Gray’s testimony saying he recalled Gray joking with him the same day about the call. In a November 1987 letter from Brock to the Senate President, Brock said he had spoken to Gray about ‘our mutual friend’ and the matter would receive ‘prompt attention.’

The Supreme Court discovered the phone call situation when they investigated Gray, in 1987, for making three inappropriate off-the-cuff remarks. The court concluded it was likely Brock had made the call, but felt that the case had not received special treatment.

At the impeachment hearing, the Senate President talked about strained relationships with Brock who told him that if the Legislature did not pass the court budget as submitted, he would ‘order us to.’

2. Maladministration or malpractice in connection with the case of

Thayer v Thayer:

The story was as follows: Thayer, a Supreme Court Justice, was going through an acrimonious divorce. In February, Brock announced, at a meeting attended by Thayer, the appointment of two judges to a panel hearing Thayer’s divorce case. Thayer claims that in a hallway conversation, Brock asked his opinion about the judges, and that he (Thayer) objected to one of them. Brock denies this conversation ever took place. A replacement judge was named to hear the case.

The allegations surrounding Thayer were investigated and Thayer resigned to avoid prosecution.

3. Knowingly testifying falsely under oath to the House Judiciary Committee:

Brock was alleged to have provided false testimony to the House Judiciary Committee. A key set of documents were issued relating to the case. At one point during the investigation, Brock was asked by the House Judiciary Committee, ‘Do you have … [these documents]?’ He replied ‘No.’ It was revealed that he had held the documents but not at that moment in time because he had handed them to his counsel.

4. Maladministration by allowing a practice whereby recused justices could influence opinions in cases from which they were recused:

Justices are required to recuse (disqualify) themselves from any case in which they have an interest. The charge stated that Brock routinely allowed high court justices to comment on cases from which they had recused themselves. During the hearing, justices said that any conversations about such cases related to the language of the decision and not to the decision itself. They also claimed that this practice was not unusual but had gone on for a number of years—even prior to Brock’s appointment as Chief Justice.

After a three-week trial, Brock was acquitted of all charges, seven senators voting to convict and 15 to acquit.

Questions:

1. Why is this case important?
2. What factors do you think influenced the situation and how do these relate to organizational culture?
3. If you were the new Chief Justice, what changes would you make, why, and how?

8.You invest in your savings account $2365 today, $2000 at the end of year one and $3900 at the end of year three. If the interest rate is 6.1% per annum, compounded annually, then the amount you will have in exactly three years is closest to:

Select one:

a. $8976.17

b. $8754.34

c. $9214.07

d. $8846.73

9.Jack deposits the following amounts in a savings plan which pays 9.6% per annum, compounded monthly:

• $2853 today,
• $1400 at the end of year two and
• $2000 at the end of year three.

The amount he will have in exactly 3 years is closest to:

Select one:

a. $7495.90

b. $7290.47

c. $7341.33

d. $6994.73

11.Jack sells his lawn-mowing business for $50,000 but the buyer wants to pay for it in two cash payments: $25,000 in two months from today and the balance in 1 year from today. How much will Jack need to receive as the final payment (in 12 months) if the interest rate he charges is 6% per annum compounding monthly?

Select one:

A. $25,584.91

B. $25,248.14

C. $27,446.42

D. $26,805.39

13.You owe your parents $40,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 4 years from today and the other in 6 years from today. If the interest rate is 4.8% per annum compounding monthly, what will be the amount of each repayment?

Select one:

A. $25,383.68

B. $21,000.00

C. $25,255.69

D. $24,956.22

15. An advertised investment product promises to pay $597 per month for 51 months commencing in 1 month from today. If the investment earns 8.0% p.a compounding monthly, how much will the investment product cost today? (round to nearest cent; don’t use $ sign or commas)

Select one:

a. $2248.42

b. $25739.01

c. $2081.87

d. $25910.60

17. A bank offers personal loans at 12.7%p.a compounding monthly. The effective annual rate of interest (EAR) is ( to the nearest two decimal places):

Select one:

a. 1.06%

b. 13.32%

c. 13.10%

d. 13.47%

Sales and purchasing management /1000/2000 words

describe the impact of the purchasing situation on Integrated Marketing Communication (IMC)

understand the purchasing (procurement) decisions and organization of a company.

Case

Princess Yachtswas established in 1965. Today Princess’ shipyards cover an area of over 1.1 million square feet, an area rich in British maritime heritage.  In fact, South Yard, where M Class superyachts are constructed, is a former naval yard dating back to the 17th century. From the outset, their goal has been to meticulously sculpt yachts around owners’ enjoyment of them.  Such dedication and attention to detail resonates deeply with their Plymouth craftsmen. Over 3,000 people, each possessing a mastery of their skill, fastidiously realise this vision in their shipyards. Through a culture of innovation, our yachts are not only some of the most technically-advanced in the world but also the most beautifully realised.

Questions

1. Using the company above, explain why effective purchasing is important for their business?
2. What is the concept of “adding value” to a business in terms of purchasing for the above company?
3. What are “make-decisions” and “buy decisions” and how would decisions about these points be made for this company?
4. What are the major benefits of sustainable purchasing/sourcing for the company?
5. Explain how modern technologies are helping purchasing processes and purchasing decisions in the above example?

Task 6.2.1. For each publisher with more than $2000 in purchase orders, list the customer id, name, credit code, and total of the orders. Use a WHERE clause to perform the join across the five required tables.

DROP TABLE publishers;
DROP TABLE po_items;
DROP TABLE bookjobs;
DROP TABLE items;
DROP TABLE pos;

CREATE TABLE publishers (
cust_id CHAR(3) NOT NULL,
name CHAR(10),
city CHAR(10),
phone CHAR(8),
creditcode CHAR(1),
PRIMARY KEY (cust_id)
);

CREATE TABLE bookjobs (
job_id CHAR(3) NOT NULL,
cust_id CHAR(3),
job_date DATE,
descr CHAR(10),
jobtype CHAR(1),
PRIMARY KEY (job_id),
FOREIGN KEY (cust_id) REFERENCES publishers (cust_id)
);

CREATE TABLE pos (
job_id CHAR(3) NOT NULL,
po_id CHAR(3) NOT NULL,
po_date DATE,
vendor_id CHAR(3),
PRIMARY KEY (job_id, po_id),
FOREIGN KEY (job_id) REFERENCES bookjobs (job_id)
);

CREATE TABLE items (
item_id CHAR(3) NOT NULL,
descr CHAR(10),
on_hand SMALLINT,
price DECIMAL(5,2),
PRIMARY KEY (item_id)
);

CREATE TABLE po_items (
job_id       CHAR(3) NOT NULL,
po_id       CHAR(3) NOT NULL,
item_id       CHAR(3) NOT NULL,
quantity     SMALLINT,
FOREIGN KEY (job_id) REFERENCES bookjobs (job_id),
FOREIGN KEY (job_id, po_id) REFERENCES pos (job_id, po_id),
FOREIGN KEY (item_id) REFERENCES items (item_id)
);

Environmental Planning and Protection Organization, in year 2000, published a news, about defective device which was manufactured by one of the leading Auto Brand, Bugatti. The news exposed that many models of these cars, which were being sold in Europe, had a defective device installed. This device could change a car’s performance to improve its emissions results when being tested. After the investigation, the Bugatti officials have admitted for cheating in the test. Bugatti had to pay a hefty amount for damages as a result of the scandal, notably a $16 billion fine from the Environmental Planning and Protection Organization (EPPO). After being exposed globally, their share value dropped by 30 percent, wiping out over $33 billion in shareholder value. Bugatti’s management was faced with a series of criticism. The different publications expressed the view that Bugatti’s autocratic leadership style has long been out of date and that the organisation was missing effective corporate governance.

a. Bugatti is a high profile multinational auto industry. They have a rich legacy of top corporate leadership and highly skilled employees. They are equipped with modern technology, quality research, potential strategy, business development, and effective internal control system. What do you suggest, should be company’s vision and strategy to avoid huge fine, criticism, and defamation?

b. What do you think, if they would have followed conceptual framework, they would have not paid that much. Which conceptual framework was most related to this case study and why? (5 Mark