A parking garage charges R7.50 minimum fee to park for up to three and half
hours. The garage charges an additional R1.50 per hour for each hour or part
thereof in excess of three hours. The maximum charge for any given 24- hour
period is R25.72. Write a program that calculates and prints the parking
charges for each of three customers who parked their cars in this garage at
some time. You should enter the hours parked for each customer. Your
program should print the results in a neat tabular format and should calculate
and print the total of receipts. The program should use the function
calculateCharges to determine the charge for each customer. The payment
amounts should be printed inside the body of main().

THE BATHTUB PERIOD

The award of the Scott contract on January 3, 1987, left Park Industries elated. The Scott Project, if managed correctly, offered tremendous opportunities for follow-on work over the next several years. Park's management considered the Scott Project as strategic in nature.

The Scott Project was a ten-month endeavor to develop a new product for Scott Corporation. Scott informed Park Industries that sole-source production contracts would follow, for at least five years, assuming that the initial R&D effort proved satisfactory. All follow-on contracts were to be negotiated on a year-to-year basis.

Jerry Dunlap was selected as project manager. Although he was young and eager, he understood the importance of the effort for future growth of the company. Dunlap was given some of the best employees to fill out his project office as part of Park's matrix organization. The Scott Project maintained a project office of seven full-time people, including Dunlap, throughout the duration of the project. In addition, eight people from the functional department were selected for representation as functional project team members, four full-time and four half-time.

Although the workload fluctuated, the manpower level for the project office and team members was constant for the duration of the project at 2,080 hours per month. The company assumed that each hour worked incurred a cost of $60.00 per person, fully burdened.

At the end of June, with four months remaining on the project, Scott Corporation informed Park Industries that, owing to a projected cash flow problem, follow-on work would not be awarded until the first week in March (1988). This posed a tremendous problem for Jerry Dunlap because he did not wish to break up the project office. If he permitted his key people to be assigned to other projects, there would be no guarantee that he could get them back at the beginning of the follow-on work. Good project office personnel are always in demand.

Jerry estimated that he needed $40,000 per month during the “bathtub” period to support and maintain his key people. Fortunately, the bathtub period fell over Christmas and New Year's, a time when the plant would be shut down for seventeen days. Between the vacation days that his key employees would be taking, and the small special projects that his people could be temporarily assigned to on other programs, Jerry revised his estimate to $125,000 for the entire bathtub period.

At the weekly team meeting, Jerry told the program team members that they would have to “tighten their belts” in order to establish a management reserve of $125,000. The project team understood the necessity for this action and began rescheduling and replanning until a management reserve of this size could be realized. Because the contract was firm-fixed-price, all schedules for administrative support (i.e., project office and project team members) were extended through February 28 on the supposition that this additional time was needed for final cost data accountability and program report documentation.

Jerry informed his boss, Frank Howard, the division head for project management, as to the problems with the bathtub period. Frank was the intermediary between Jerry and the general manager. Frank agreed with Jerry's approach to the problem and requested to be kept informed.

On September 15, Frank told Jerry that he wanted to “book” the management reserve of $125,000 as excess profit since it would influence his (Frank's) Christmas bonus. Frank and Jerry argued for a while, with Frank constantly saying, “Don't worry! You'll get your key people back. I'll see to that. But I want those uncommitted funds recorded as profit and the program closed out by November 1.”

Jerry was furious with Frank's lack of interest in maintaining the current organizational membership.

Case Study Questions:

Should Jerry go to the General Manager? Why or why not? Think back to what is expected of a project manager and the project charter.

Should the key people be supported on overhead? Why or why not?

If this were a cost-plus program, would you consider approaching the customer with your problem in hopes of relief? Why or why not?

If you were the customer of this cost-plus program, what would your response be for additional funds for the bathtub period, assuming cost overrun? Why or why not?

Would your previous answer change if the program had the money available as a result of being under budget? Why or why not?

How do you prevent this situation from recurring on all yearly follow-on contracts?

Ocean World is considering purchasing a water park in Charlotte, North Carolina, for $2,100,000. The new facility will generate annual net cash inflows of $535,000 for eight years. Engineers estimate that the facility will remain useful for eight years and have no residual value. The company uses straight-line depreciation. Its owners want payback in less than five years and an ARR of 10% or more. Management uses a 12% hurdle rate on investments of this nature. Requirements Requirement 1. Compute the payback period, the ARR, the NPV, and the approximate IRR of this investment Requirement 2. Recommend whether the company should invest in this project

On the Miller Park Stadium project who had the ultimate responsibility to make sure that wind loads on the roof trusses were included in the engineered lift of the roof trusses. (From YouTube Video)

1. Engineered lift planning engineer
2. Sling and hardware design engineer
3. Project manager
4. Project owner
5. Project safety manager

6.) Concerning flammability limits in a confined space, a mixture that is above the UEL/UFL is considered to be too __________ to burn.

1. Rich
2. Lean
3. Diffuse
4. Concentrated
5. None of the above

7.) The displacement of the atmosphere in a permit space by a noncombustible gas (such as nitrogen) to such an extent that the resulting atmosphere is noncombustible is referred to as __________.

1. Isolation
2. Deletion
3. Engulfment
4. Inerting
5. Substitution

Write a Java Program.A parking garage charges a $3.00 minimum fee to park for up to three hours. The garage charges an additional $0.75 per hour for each hour or part thereof in excess of three hours. The maximum charge for any given 24-hour period is $12.00 per day. Write an application that calculates and displays the parking charges for all customers who parked in the garage yesterday. You should enter the hours parked for each customer. The program should display the charge for the current customer and should calculate and display the grand total of yesterday’s receipts. Use a sentinel controlled loop.

Hyde Park Elementary has plans to build a new playground in 2017. They received a $120,000 government grant to be used for building the playground. They are hoping to break ground in May 2017 and complete the project by the start of school in September. Before they can start the project, however, they must dismantle the existing playground that has become unsafe based on current safety standards. They are also planning to complete soil testing once the existing playground is dismantled as a number of residential properties in the community have tested positive for soil contamination. Due to recent news articles, parents are very concerned about the potential for soil contamination and are demanding a full test to ensure their kids are not playing on a contaminated playground.

Sonya Muhammed, the school principal, has compiled the following estimates related to the new playground:

The costs for installation, resurfacing, landscaping, and soil removal are the costs quoted by professional contractors. Sonya was approached by the president of the student council, Josh Schwinn, who has volunteered the council’s time for installing and landscaping the new playground. This will save the school approximately $25,000 in costs and Sonya has decided to accept this offer as two of the council members who will be helping are journeymen carpenters.

The school has two options in terms of dealing with the contaminated soil. The first option is to not partake in the soil testing and to simply resurface the play area with a poured-rubber matting that can cover the entire play surface. This will cost, as Sonya indicated in her estimates above, approximately $55,000 – a large chunk of the playground budget. The other option is to perform the soil testing. A municipal worker has estimated that there is a 40% chance that the soil is contaminated. If this is the case, the school will either need to resurface the area for $55,000 or it can have the contaminated soil removed and replaced for a hefty cost of $73,000 plus the cost of gravel. However, there is a 60% chance that the soil will not be contaminated. Sonya is wondering what they should do and has asked for your help.

REQUIRED

Prepare an analysis of the potential project costs for the following scenarios. Note: There is no need for gravel in the resurfacing scenario.

1. Resurface ground without doing soil testing .
   
2. Complete the soil testing. In this case there are two outcomes:

1. remove/replace the soil if contaminated.
2. resurface if contaminated.
   

Use the probabilities provided by the municipal worker to determine a weighted cost for each of these outcomes.

3. What option would you recommend for the school? Why? Are there other non-financial considerations that you need to include in your decision?

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land 3 years ago for $4798465 in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $3848715. An engineer was hired to study the land at a cost of $823164, and her conclusion was that the land can support the new manufacturing facility. The company wants to build its new manufacturing plant on this land; the plant will cost $4984348 million to build, and the site requires $1185814 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?

One day while walking in the park, you observe a squirrel munching on an acorn,
when suddenly a hawk comes and grabs and eats the squirrel. What is the squirrel in
this situation?
A. Predator
B. Primary consumer
C. Prey
D. Secondary consumer
E. Both B and C
F. Both A and D
-------------------------
You have formulated a hypothesis: "Pineapples contain more vitamin C than
oranges." To test this hypothesis you measure vitamin C levels in 20 oranges and 20
pineapples from trees that were grown in the same orchard under the same
environmental conditions (temperature, rain, sunlight). Select all statements that are
true about this experiment.
a The independent variable is the type of fruit
b The dependent variable is the number of each fruit
c The dependent variable is the orchard
d The independent variable is the vitamin C levels
e The temperature is a controlled variable

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A man carries the mutation for colorblindness on his X chromosome. Who will he
pass this mutation on to?
a Half of his sons
b All of his daughters
c All of his sons
d Half of his daughters
-----------------------
In the scientific method, a hypothesis ______ .
a. is a proposed explanation based on observations
b. should be broad and non-specific
c. is a question asked by the researcher
d. is a statement of scientific fact
e. is a summary of scientific results

-----------------------

What is the sequence of the mRNA made from the gene TTAGCGGAACT?
a. UCAAGGCGAUU
b. AAUCGCCUUGA
c. AGUUCCGCUAA
d. UUAGCGGAACU
e. TTAGCGGAACT
-----------------------------
When two atoms have the same atomic number but different atomic masses, what
are they called?
a. radioactive
b. ions
c. elements
d. isotopes
e. electrons

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $3.6 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $4.1 million. The company wants to build its new manufacturing plant on this land; the plant will cost $18.1 million to build, and the site requires $950,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project?