Q4 (a) A manufacturer has the following jobs waiting on a single work centre. The firm has not decided which dispatching rule to apply in order to prioritize the jobs and fix them into the schedule. Processing time and due date for each job are in the Table 4 below. Recommend the best job sequence to the manufacturer using THREE (3) dispatching rules scenario analysis.
Table 4: Jobs Information
|
Jobs Information |
Processing Time (days) |
Due Date (days) |
|
Job 1 |
3.25 |
8 |
|
Job 2 |
4.75 |
7 |
|
Job 3 |
4.5 |
9 |
|
Job 4 |
5 |
8 |
|
Job 5 |
4.5 |
7 |
|
Job 6 |
3.75 |
10 |
|
Job 7 |
4.25 |
9 |
|
Job 8 |
4 |
7 |
Table 5: Hand-Cleaner Dispenser Station Manufacturing Time Information
|
Design (days) |
|||||
|
Company |
F |
G |
H |
I |
J |
|
TT Flash |
9 |
5 |
12 |
6 |
8 |
|
P00 |
7 |
4 |
7 |
7 |
10 |
|
Q12 |
8 |
7 |
5 |
6 |
11 |
|
R34 |
6 |
7 |
11 |
10 |
9 |
|
S56 |
8 |
6 |
10 |
5 |
7 |
Evaluate the above proposal by Ranjit whether the company able to meet the order demand not more than 29 days.
Table 6: Station Processing Time Information for each workstation
|
Design |
Fabrication (days) |
Assembly (days) |
|
F |
5 |
4 |
|
G |
2 |
3 |
|
H |
6 |
6 |
|
I |
4 |
2 |
|
J |
5 |
3 |
In: Operations Management
After being rejected for employment, Kim Kelly learns that the Bellevue Credit Company has hired only two women among the last 22 new employees. She also learns that the pool of applicants is very large, with an approximately equal number of qualified men as qualified women. Help her address the charge of gender discrimination by finding the probability of getting two or fewer women when 22 people are hired, assuming that there is no discrimination based on gender. (Report answer accurate to 8 decimal places). P(at most two) = .00021 Incorrect Because this is a serious claim, we will use a stricter cutoff value for unusual events. We will use 0.5% as the cutoff value (1 in 200 chance of happening by chance). With this in mind, does the resulting probability really support such a charge?
In: Advanced Math
Pearson Motors has a target capital structure of 35% debt and 65% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 8%, and its tax rate is 40%. Pearson's CFO estimates that the company's WACC is 13.10%. What is Pearson's cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places.
%
In: Finance
Calculate the descriptive statistics BY HAND (showing your work) (variance , standard deviation, range, average, dispersion, median, mode)that we've covered in class for the two following variables:
| Variable X | Variable Y |
| 4 | 40 |
| 2 | 36 |
| 8 | 49 |
| 6 | 38 |
| 10 | 56 |
| 5 | 58 |
| 3 | 39 |
| 9 | 53 |
| 10 | 34 |
| 9 | 47 |
In: Statistics and Probability
Movie Survey
Ask five classmates from a different class how many movies they saw last month. Be sure to include rented movies or movies viewed on tv.
|
5 |
3 |
0 |
0 |
0 |
5 |
1 |
2 |
0 |
1 |
1 |
1 |
|
1 |
7 |
0 |
2 |
2 |
1 |
2 |
0 |
6 |
4 |
1 |
3 |
|
2 |
4 |
0 |
1 |
1 |
0 |
0 |
0 |
1 |
3 |
0 |
2 |
|
1 |
0 |
3 |
0 |
3 |
0 |
1 |
2 |
8 |
2 |
3 |
0 |
|
0 |
5 |
1 |
1 |
3 |
10 |
1 |
0 |
2 |
0 |
1 |
0 |
Table 1.17
Order the Data
Complete the two relative frequency tables below using your class data.
|
Number of Movies |
Frequency |
Relative Frequency |
Cumulative Relative Frequency |
|
0 |
|||
|
1 |
|||
|
2 |
|||
|
3 |
|||
|
4 |
|||
|
5 |
|||
|
6 |
|||
|
7+ |
Table 1.18 Frequency of Number of Movies Viewed
|
Number of Movies |
Frequency |
Relative Frequency |
Cumulative Relative Frequency |
|
0–1 |
|||
|
2–3 |
|||
|
4–5 |
|||
|
6–7+ |
Table 1.19 Frequency of Number of Movies Viewed
Discussion Questions
In: Statistics and Probability
At your favorite bond store, you see the following prices: (a) One-year $100 zero selling for $95.2381 (b) Two-year 8% coupon $1000 par bond selling for $1000
(1) Assume that the pure expectations theory for the term structure of interest rates holds, no liquidity premium exists, and the bonds are equally risky. What is the imply one-year rate one years from now? (20 points; use exact formula for all questions)
(2) If there is a liquidity premium of 0.5% for the two-year long rate (i2t), what is the imply one-year rate one years from now? (10 points)
(3) If your company plans to issue two-year coupon bonds but the current one-year rate suddenly increase to 10% and the two-year long rate becomes 9%, what coupon rate that you need to set to sell the bonds at par? (30 points)
In: Finance
Two balls of clay collide in a perfectly inelastic, head-on collision. Suppose m1 = 0.5 kg, m2 = 0.25 kg, v1o = +4 m/s, and v2o = -3 m/s. (a) Find the velocity of the combined clay ball after the collision. (b) Find the kinetic energy lost during the collision.
In: Physics
(Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm as a model firm for analyzing its own performance. The balance sheets and income statements for the two firms are found here: LOADING.... a. Calculate the following ratios for both Carson and BGT: Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity b. Analyze the differences you observe between the two firms. Comment on what you view as weaknesses in the performance of Carson as compared to BGT that Carson's management might focus on to improve its operations. a. Calculate the following ratios for both Carson and BGT: Carson's current ratio is nothing. (Round to two decimal places.)
|
Carson Electronics, Inc. Balance Sheet ($000) |
BGT Electronics, Inc. Balance Sheet ($000) |
||||||
|
Cash |
$ 1 comma 950$1,950 |
$ 1 comma 510$1,510 |
|||||
|
Accounts receivable |
4 comma 4904,490 |
6 comma 0206,020 |
|||||
|
Inventories |
1 comma 5301,530 |
2 comma 5002,500 |
|||||
|
Current assets |
$ 7 comma 970$7,970 |
$ 10 comma 030$10,030 |
|||||
|
Net fixed assets |
15 comma 98015,980 |
24 comma 98024,980 |
|||||
|
Total assets |
$ 23 comma 950$23,950 |
$ 35 comma 010$35,010 |
|||||
|
Accounts payable |
$ 2 comma 550$2,550 |
$ 4 comma 990$4,990 |
|||||
|
Accrued expenses |
1 comma 0101,010 |
1 comma 5501,550 |
|||||
|
Short-term notes payable |
3 comma 4603,460 |
1 comma 5101,510 |
|||||
|
Current liabilities |
$ 7 comma 020$7,020 |
$ 8 comma 050$8,050 |
|||||
|
Long-term debt |
7 comma 9707,970 |
3 comma 9903,990 |
|||||
|
Owners' equity |
8 comma 9608,960 |
22 comma 97022,970 |
|||||
|
Total liabilities and owners' equity |
$ 23 comma 950$23,950 |
$ 35 comma 010$35,010 |
|||||
|
Carson Electronics, Inc. Income Statement ($000) |
BGT Electronics, Inc. Income Statement ($000) |
||||||
|
Net sales (all credit) |
$ 47 comma 950$47,950 |
$ 70 comma 030$70,030 |
|||||
|
Cost of goods sold |
( 35 comma 980 )(35,980) |
( 42 comma 050 )(42,050) |
|||||
|
Gross profit |
$ 11 comma 970$11,970 |
$ 27 comma 980$27,980 |
|||||
|
Operating expenses |
( 8 comma 040 )(8,040) |
( 11 comma 970 )(11,970) |
|||||
|
Net operating income |
$ 3 comma 930$3,930 |
$ 16 comma 010$16,010 |
|||||
|
Interest expense |
( 1 comma 180 )(1,180) |
( 500 )(500) |
|||||
|
Earnings before taxes |
$ 2 comma 750$2,750 |
$ 15 comma 510$15,510 |
|||||
| Income taxes
(40 %40%) |
( 1 comma 100 )(1,100) |
( 6 comma 204 )(6,204) |
|||||
|
Net income |
$ 1 comma 650$1,650 |
$ 9 comma 306$9,306 |
|||||
In: Finance
Calculate the sample variance and sample standard deviation for the following frequency distribution of heights in centimeters for a sample of 8-year-old boys. If necessary, round to one more decimal place than the largest number of decimal places given in the data.
Heights in Centimeters
Class Frequency
120.6 - 123.6 26
123.7 - 126.7 22
126.8--129.8 34
129.9-132.9 26
133-136 44
In: Statistics and Probability
OC Music Company has been in business for 4 years. Data about the sales of each quarter were collected below. The manager wants use these data to forecast sales of the 5th year. Please copy and paste it to Excel and run regression analysis. Answer the following 4 questions. Please also upload your EXCEL file on Titanium, otherwise you will NOT receive any point for this problem.
|
Year |
Quarter |
Sales |
|
1 |
Q1 |
7 |
|
Q2 |
2 |
|
|
Q3 |
4 |
|
|
Q4 |
10 |
|
|
2 |
Q1 |
6 |
|
Q2 |
3 |
|
|
Q3 |
8 |
|
|
Q4 |
14 |
|
|
3 |
Q1 |
10 |
|
Q2 |
3 |
|
|
Q3 |
5 |
|
|
Q4 |
16 |
|
|
4 |
Q1 |
12 |
|
Q2 |
4 |
|
|
Q3 |
7 |
|
|
Q4 |
22 |
Question 16
Not yet answered
Points out of 10.00
Flag question
Question text
Develop a model for trend and seasonality. Please clearly define your variables. How many independent variables do you have in your regression?
Answer:
Question 17
Not yet answered
Points out of 10.00
Flag question
Question text
What is the intercept in your estimated regression model? Rounded to two decimal places.
Answer:
Question 18
Not yet answered
Points out of 10.00
Flag question
Question text
Use the model to forecast for sales of last quarter in the 5th year. Rounded to two decimal places.
Answer:
Question 19
Not yet answered
Points out of 10.00
Flag question
Question text
Calculate the MAE for this time series forecast. Rounded to two decimal places.
Answer:
In: Statistics and Probability