Kroger runs Buy One Get One (BOGO) promotions every year to promote charcoal for Memorial Day. Their data indicates that 76 customers per day per store purchase this deal every spring and the standard deviation historically is 12 customers. Assume that the population is normally distributed. What is the probability that for a random sample of 15 days, at least 70 customers per day will buy charcoal with the BOGO?

1) 0.6915

2) 0.9772

3) 0.0262

4)0.9738

The radius of the wheel on a bike is 27 inches. If the wheel is revolving at 144 revolutions per minute, what is the linear speed of the bike, in miles per hour? Round your answer to the nearest tenth, and do not include units in your answer.

A forester measured 27 of the trees in a large forest on property that is for sale. He found a mean diameter of 10.4 inches and a standard deviation of 4.7 inches. Suppose that these trees provide an accurate description of the whole forest and that a Normal model applies.Determine:a) the percent of trees that has a diameter between 10.4 and 16.0 inches.b) the percent of trees that has a diameter greater than 16.0 inches. c) the percent of trees that has a diameter between 8.0 and 13.25 inches.d) the percent of trees that has a diameter between 8.0 and 10.0 inches. e) Any tree which has a diameter less than 4.00 inches is considered to be a “Small Tree.” Determine the percent of trees that receive this designation.f) The largest 5% of trees is designated as a “Big Tree”. Determine the diameter that a tree would need to have in order to receive this designation.g) The smallest 5% of trees are given extra nutrients in order to grow. Determine the diameter that a tree would need to have in order to be given the extra nutrients.

Problem 2-2A Julia Dumars is a licensed CPA. During the first month of operations of her business, Julia Dumars, Inc., the following events and transactions occurred. May 1 Stockholders invested $22,700 cash in exchange for common stock. 2 Hired a secretary-receptionist at a salary of $1,200 per month. 3 Purchased $2,560 of supplies on account from Vincent Supply Company. 7 Paid office rent of $760 cash for the month. 11 Completed a tax assignment and billed client $2,400 for services performed. 12 Received $3,120 advance on a management consulting engagement. 17 Received cash of $1,310 for services performed for Orville Co. 31 Paid secretary-receptionist $1,200 salary for the month. 31 Paid 48% of balance due Vincent Supply Company. Julia uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 311 Common Stock, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense.

1. Journalize the transactions. 2. Post to the ledger accounts. 3. Prepare a trial balance on May 31, 2015. JULIA DUMARS, INC. Trial Balance May 31, 2015

Booked Solid, a small independent bookstore in Bradford is trying to decide whether to discontinue selling magazines. The owner suspects that only 7% of the customers buy a magazine and thinks that she might be able to use the display space to sell something more profitable. Before making a final decision, she decides that for one day he'll keep track of the number of customers and whether or not they buy a magazine.

1. What is the probability that exactly 5 of the first 15 customers buy magazines? Round your answer to 4 decimal places.
2. 
   What is the probability that at least 5 of her first 50 customers buy magazines? (10 points)
   3. She had 280 customers that day. Assuming this day was typical for her store, what would be the mean and standard deviation of the number of customers who buy magazines each day? (10 points)
   4. Surprised by the high number of customers who purchased magazines that day, the owner decided that her percentage estimate of customers who still buy magazines must have been too low. How many magazine sales would it have taken to convince you? Justify your answer.

simulate the reception of a bank in C++ .

You will have customers requesting transactions (open account, deposit money, close account, withdraw money). You are required to simulate per the following parameters and rules: Customers coming at random times Each customer will require random amount of service time You may have 1-3 tellers based on the # of customers Once you have more than 4 customers waiting you need to get the 2nd teller Once you have more than 8 customers waiting you need to get the 3rd teller Once the line size gets smaller, you should remove the tellers in opposite order of their addition (the last one joining should be the first one leaving) The reception operates from 10:00 AM until 1:00 PM At the end of the day, you need to run the following reports: A list of customers coming along with the type of transactions they requested. This report should be sorted by: Last name of the customer Amount of money involved Time of arrival Average waiting time per customers Average number of customers waiting

Fundementals of human resource management

THE SOUTHERN WIDGET MANUFACTURING

Introduction

Founded in 2006, Southern Widget Manufacturing sets out to be the leading manufacturer of widgets in the world. Southern Widget has sales and distribution centers around the world including six centers in the US. The company is a member of the World Widget Manufacturing Association (WWMA).

Widgets are used as a display tool for several products including: PC, TV, auto parts, furniture, etc.

The Widget is a Bamboo based product making both environmentally and economically sound. Bamboo, like wood, is a natural composite material with a high strength-to-weight ratio useful for many applications Widgets it is considered one of the fastest-growing plants in the world.

Mission Statement

·       Provide a high-quality, affordable product

·       Create long term relationships with customers

·       Respond immediately to changing needs of customers

·       Achieve complete customer satisfaction

·       Improve our customer services continuously

·       Maintain excellent employee relations

·       Sustain community involvement

Vision

The vision at Southern Widget Manufacturing is to utilize our well trained and satisfied employee teams to deliver outstanding customer services.

Mission

At Southern Widget Manufacturing every person in our company is a member of the team and a team player, with expectations that they perform their duties to their fullest capacity and potential. Our objective is a commitment to the highest quality of widgets and customer service. The customer’s satisfaction is our major focus, reached through innovative and cost effective production. We will lead the Widget industry with well trained and satisfied employees and pleased customers.

1)    Francisco works at Southern Widget as a welder. Although he is provided with protective goggles and a face mask, overalls and other types of protective clothing are not provided. After three months of work at Southern Widget, Francisco notices his skin becoming drier and gradually changing color. Alarmed with this development, he approaches his supervisor asking for details of the materials he works with. The supervisor declines to reveal any kind of information. What authority and laws can help Francisco file a claim?

2)    Virginia's boss, Luke, constantly uses sexually explicit language while communicating with his female subordinates. Though many female employees are bothered with this behavior, no one has ever complained for fear of negative repercussions. However, Virginia files a complaint against Luke with the Equal Employment Opportunity Commission (EEOC). Will this be considered as discriminatory behavior? Why or why not? Explain the prohibitions under Title VII for related behavior.

3)    Policy 137: The paint booths contain many toxic chemicals and are possibly harmful to unborn fetuses. In an abundance of caution Southern Widget will not allow its female employees of child bearing age to accept a position in the painting area. Employees working in the paint area make $5.00 more than other production employees. Is this considered discrimination, what is this called? Explain

4)    Southern Widget employees are being asked for their opinion on which type of insurance they would like to have. The choices are HMO or PPO. Explain the difference as they differ from traditional health care providers? Pretend you are an employee and give you choice, explain.

5)    You have been asked to write a FLSA policy. Be sure to include the three major parts as it might relate to Southern Widget.

6)    Thomas a Production Foreman was terminated. He has filed a Company grievance. On April 2, Thomas was told to open discharge valves into the Mississippi River which he refused to do. Additionally, he has been told by the company President, with witnesses, that he was such a good employee he had a job for life. Southern Widget’s rebuttal is that he refused a direct order and the company’s policy clearly state, that there are no contract employees. Does he have a case on either point? Discuss and serve as the arbitrator with the decision.

7)    John, the company Custodian, was in a horrific car accident as a child but has fully recovered from his injuries and is considered a very healthy individual. During the accident, John was burned and still has several facial scars that have disfigured his face. Many employees at John's company stare as he walks by and get distracted by his appearance. Is John protected by the ADA? Explain.

8)    The Widget Operators Local Unions 621 filed a petition to have Southern Widget create an alternative dispute resolution, including the most common techniques. Is that a good idea for the company, if so, what how should it include?

9)    Southern Widget is preparing to announce a new compensation system. Before the system goes live, as the HR Training Supervisor, you are required to do a company training on what goes into a compensation system. You will need to explain and discuss issues like: job structure, pay levels, motivation, cost control, etc.

10) As a future Supervisor what did you learn about Human Resources that you did not know before taking this course? What will you do to include this knowledge in your supervisory role?

What are circuit breakers and why do we have them?

What type of conditions would you consider short selling a stock?

What type of evidence would we use to determine if someone traded on inside information?

Moorcroft Company’s budgeted sales and direct materials purchases are as follows:

Moorcroft’s sales are 40% cash and 60% credit. Credit sales are collected 20% in the month of sale, 50% in the month following sale, and 26% in the second month following sale; 4% are uncollectible. Moorcroft’s purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month following the purchase and 60% in the second month following the purchase.

Prepare a schedule of expected collections from customers for June.

Prepare a schedule of expected payments for direct materials for June.

Moorcroft’s assistant controller suggested that Moorcroft hire a part time collector to encourage customers to pay more promptly and to reduce the amount of uncollectible accounts. Sales are still 40% cash and 60% credit but the assistant controller predicted that this would cause credit sales to be collected 30% in the month of the sale, 50% in the month following sale, and 18% in the second month following sale; 2% are uncollectible.

Prepare a schedule of expected collections from customers for June. How did these changes impact cash collections?

Would it be worth paying the collector $1,000 per month?

The assistant controller also suggested that the company switch their purchases to 40% cash and 60% on account to help stretch out their cash payments. There is no additional interest charge to do this and Moorcroft is still paying their bills on time. There is no change to the company’s payment pattern.

Prepare a schedule of expected payments for direct materials for June.

How did these changes impact the cash payments for June?

A leading listed alcohol manufacturing company (‘Company A’) has introduced a new type of drink with both alcoholic and non-alcoholic variants. The company has hired Rajesh as the new advertising executive entrusted with the purpose of selling the drink. Rajesh has attempted to sell the drink by undertaking a number of strategies which include: (a) Setting it at a price below the cost price (b) Targeting online advertising of the drink to potential customers based on their personally identifiable information (c) Using celebrities to promote the non-alcoholic version of the drink which has the same brand name (d) Providing a loyalty scheme to bulk buyers through which customers can earn points and collect gifts for the purchase of the drink (e) Starting a mechanism under which customers can choose to add Rs. 10 to the price of each bottle of the drink (alcoholic and non-alcoholic) sold. This amount is then directly sent to an NGO for the education of the girl-child Beyond the advertising blitzkrieg, Company A has released information in the media that their new launches will secure the number one position in the market which has led to an increase in the price of the company shares. While no actual verified information is available, they claim that their product has a superior taste to their competitors. The employees of Company A have also started selling off their shares in the company seeing this sudden increase in the price of the shares. In addition to the employees, the top management of the Company A which has access to the projected sales figures has also started to sell its shares in the company due to the sudden surge in the share price. Based on this background, answer the following questions with examples of similar incidents discussed in class wherever required:

Identify the ethical issues with the strategy undertaken by Rajesh for the sale of the drink. Discuss how these principles may be in violation of the principles of offline/online advertising ethics.