A. On May 29, 1790, by a mere 2 votes, Rhode Island ratified the US Constitution and completed the Union of the original 13 English colonies into the United States of America. Today more than 220 years later, the US is 50 States, additional commonwealths, and more than 320 million human lives. Generations of Americans have been born, lived, and died as the country has grown and matured. To what can we owe the longevity and strength of the United States as a country on the global stage?
1. It was created by an legal act.
2. A country is a collection of individuals and states. Collections represent stocks that last.
3. A system goes on being itself as long as the interconnections and purposes remain intact.
4. It's not a system. It's a government.
B. The software components of an information system will act as a(n) ________.
functional anchor on the human side
2. actor on the computer side
3. actor on the human side
4.bridge between the computer side and the human side
5. instruction on the computer side
C. Which phase of the customer life cycle focuses on presenting prospects with information about the value the organization provides?
1. loss/churn
2. customer endorsement
3. marketing
4. customer acquisition
5. relationship management
D. Anyone who gathers data from a variety of sources, arranges that data into meaningful structure, and then aggregates the results to discover information hidden in the details engages in what activity?
1. automation
2.data mining
3.data hiding
4.encapsulation
5. cataloging
In: Operations Management
1. In Canada, one worker can produce either one bushel of wheat or one beer mug. In China, one worker can produce either two bushels of wheat or three beer mugs. Who has the comparative advantage in each good?
A. China in both goods.
B. China in wheat and Canada in mugs.
C. Canada in wheat and China in mugs.
D. Canada in both goods.
2. In the real world, specialization is rarely complete because
A. production possibilities curves are straight lines rather than curves bowed outward as viewed from the origin.
B. international law prohibits monopolies.
C. one nation's imports are necessarily another nation's exports.
D. nations normally experience increasing opportunity costs in producing more of the product in which they are specializing.
3. The major reason(s) for the current US trade deficit with China is
A. the high world demand for the dollar.
B. the low value of the yuan.
C. the current economic growth of the U.S.
D. the per capital US GDP.
E. all of the above.
4. According the analysis in the book on tariffs, tariffs would
A. raise the price of foreign goods.
B. create revenue for the domestic government.
C. limit the imports of foreign goods.
D. all of the above.
5. According to the analysis in the book on subsidies, subsides would
A. raise the price of the product because now it includes the taxes that paid for the subsidy.
B. raise the cost of production for the domestic firms.
C. make production more efficient.
D. support trading on the basis of comparative advantage.
In: Economics
|
Close Price/ton |
Number of Contracts |
Contract size |
Tic Size |
Tic Value |
|
|
Spot |
US$2668 |
- |
- |
- |
|
|
Dec’20 |
US$2641 |
4 |
10 tons |
$1/ton |
US$10 .00 |
|
Mar’21 |
US$2623 |
3 |
10 tons |
$1/ton |
US$10 .00 |
|
May’21 |
US$2611 |
3 |
10 tons |
$1/ton |
US$10 .00 |
|
Jul’21 |
US$2602 |
3 |
10 tons |
$1/ton |
US$10 .00 |
What was the total cost of delivery, assuming no hedge?
In: Finance
READREAD THE ARTICLE BELOWBELOW. FROM THE WALL STREET.
describe all relevant informationinformation. telling the main thing you take away from the articlearticle and how it applies to globalization.
FREEPORT, Pa. The rising dollar is putting US. Manufacturers
through the equivalent of a new year's fitness regime, causing pain
for now but also promising long-term gains in efficiency.
After more than a decade of weakness, the dollar began surging in
mid-2014 against the euro and many other currencies. That is making
U.S.-made products pricier in other countries and imports cheaper
in the U.S.-a combination that is likely to expand, the already
gaping U.S. trade deficit. "When the dollar was weakening, it was a
lot easier [for manufacturers] be a little sloppy," said Hal
Sirkin, a Chicago-based senior partner at Boston Consulting Group.
A rising dollar, which effectively raises prices, forces
manufacturers to automate more production processes and redesign
products to be lower cost and higher value, Mr. Sirkin said. US.
manufacturers also will look for ways to buy lower-cost parts and
materials in Asia or Europe.
Past periods of currency strength in Switzerland, Germany and Japan
required manufacturers there to streamline processes and find
niches that allowed them to charge premium prices.
Here in Freeport, on the fringes of the Pittsburgh metro area,
Oberg Industries is striving hang onto its small share of the
global economy. The family owned company, with 750 employees and
annual sales of about $130 million, makes metal parts for a host of
products, including oil production equipment and door locks.
Oberg is moving out of some markets where competition is based
mainly on price. For instance, the company recently sold a plant in
Mexico where it made doorknobs, competing with Asian manufacturers.
Oberg is putting more focus on highly regulated markets, such as
parts for medical devices and aircraft. Because quality standards
are higher, there is less import competition, said Rich Bartek,
Oberg’s chief operating officer.
Oberg recently bought another robot to help sort out parts as they
emerge from a stamping machine. It also has invested in new
computer controlled cutting machines that are easier to program and
run. One operator can handle four of these machines. "In the old
days, it was one operator, one machine," Mr. Bartek said.
Manufacturers have long been under pressure from intensifying
global competition, but the dollar's sudden ascent adds more
urgency. Since mid-2014, the dollar is up nearly 19% against the
euro and 17% against the yen. “
The challenge I gave to our team is use as an opportunity to get
more costs out of the company," said Ron DeFeo, executive of Terex
Corp., a Westport, Conn.-based maker of heavy equipment, including
aerial work platforms used to hoist construction and maintenance
workers. For instance, Terex is making more steel parts for some of
its machines in China, where steel and labor are cheaper. The
company is leaning on delivery firms to pass on some of the savings
they are getting from lower fuel costs. Terex may also be able to
shift some production of equipment to Europe, where the weaker euro
has reduced costs in dollar terms.
The rising dollar already has forced U.S. poultry companies to
accept lower prices for dark chicken meat, popular in over- seas
markets, said Mike Cockrell, chief financial officer of Sanderson
Farms Inc., the third-largest U.S. poultry processor. Bulk leg
quarters of chicken, a top export that sold for 48 cents pound in
mid December, now are selling for 88 cents, Mr. Cockrell said.
Chicken processors still can turn a profit on those prices, along
as sales of white meat the US, remain brisk. But if prices sink to
very low levels, chicken processors may resort selling frozen bags
of dark in US grocery stores at cut-rate prices, as they have done
before. Prime Equipment Group Lnc. Columbus, Ohio, maker of poultry
processing equipment, is using more Brazilian parts and materials
for the products sells in that country, to help offset the effects
of a weak real, The company also is delaying repatriation of
profits from Brazil in the hope the real will regain value. "As
long as the real doesn't collapse-a possibility we consider very
remote--we can afford to wait," said Mike Gasbarro, chief
executive. Global giants like Caterpillar Inc. or Ford Motor Co.
long have had plants around the world, reducing their exposure to
any one currency. Some smaller manufacturers are trying to emulate
that global approach. Firstronic LLC, a Grand Rapids, Mich., maker
of printed circuit boards used in cars and other products, serves
its customers in North America mainly in production from its plants
Michigan and Mexico, said John Sammut, the CEO. It has set up joint
ventures in the Czech Republic, India and China it can produce
circuit boards there as well, depending on customers' needs and
currency factors.
For now, Firstronic is exporting from Michigan to Europe circuit
boards used to control car seats. If the dollar stays strong. said
Mr. Sammut, that production could be moved to the Czech Republic.
By creating a global network of factories, “we have buffered
ourselves from this issue” he said.
Ground Force Worldwide, Post Idaho, maker of used in mining,
committed to manufacturing in the US even though about 75% of its
sales are in other countries, said Ron Nilson, owner and CEO But he
said the company can assemble portions of its trucks, such as fuel
tanks, overseas to reduce costs.
FirmGreen Inc., based in Newport Beach, a maker of equipment used
to purify biogas, having to "scramble for solu tions," said CE0
Steven Wilburn. The company, which sells most of equipment
overseas, is being hit both by a strong dollar and by the drop in
oil prices, which deters investment im alternative energy sources.
Mr. Wilburn said he has had to cut his staff to 10 people- from 17
FirmGreen relies on other US-based companies to manufacture its
equipment. Mr.Willburn said he doesn't want to shift production
China fears his technological secrets to rivals. "Pius," he said,
"Tm patriot. Woodward Inc., a maker of parts for aircraft and
various types of engines, based in Fort Collins, Colo, is trying to
help some overseas customers cope with the currency swings. On some
contracts, it includes clauses that adjust the price of a large
order depending on currency movements, so that the two sides share
the risk.
Bob Weber, chief financial officer of Woodward, said the company
could import more parts from countries with weaker currencies. But
that is difficult in highly regulated markets such as those for
aircraft. "it's extremely hard to switch suppliers midstream.” Mr.
Weber said.
In: Operations Management
Do female college students tend to weigh more or less than male college students, on average? Suppose that we use data from the Student Data sheet to help us make a decision about this question. We will assume that those who responded to the student data sheet are representative of all college students and are a random sample. Below are summary statistics from the student data sheet (rounded to the nearest integer):
| Sex? | N | Mean | St. Dev | Median | Minimum | Maximum |
| Female | 96 | 150 | 44 | 140 | 62 | 250 |
| Male | 94 | 189 | 42 | 184 | 95 | 350 |
| Total | 190 | 169 | 47 | 165 | 62 | 350 |
a. Create a 95% confidence interval for the mean weight of all female college students
b. interpret the interval created in part a
c. create a 95% confidence interval for the mean weight of all male college students
d. interpret the interval created in part c
e. based on your interpretations of the confidence intervals above, do these data support any difference in average weight between female and male college students? Breifly justify your response.
In: Statistics and Probability
Case Study 1
Lucille Cagle is a 73 year old female who has been a heavy cigarette smoker since she was a teenager. she now has chronic cough. Recently, she has also experienced shortness of breath when she carries her groceries from the car to her house or when she tries to walk up the few stairs to her front door. She is conerned that her breathing problems might prevent her from doing her usual activities.
Case Study 2
Chad Wilson is a 21 year old male in good health. In the middle of the night. Chad woke up with severe pain in the right side of the testicle and he noticed that is swollen. it is also painful when he tries to urinate. He hates to go the doctor, but he us worried that he might have testicular cancer.
QUESTION
1. The possible disease and condition on each case study.
2. Any examination or tests that will help confirm or refute the diagnose.
3. Additional steps that the patient should take. (e.g. taking medication or adopting a new health habit)
In: Nursing
Please read case and answer the questions thank you.
As B2B e-commerce continues to grow, companies are placing more emphasis on upgrading their e-commerce infrastructure, taking many cues from B2C companies in the process. Streamlining their online stores and ensuring that potential customers can make purchases across a variety of channels has become just as important for B2B companies as it is for B2C companies. B2B e-commerce accounted for $6.7 trillion of the total $14.6 trillion in B2B trade in 2016, and that B2B e-commerce is expected to increase to around $9 trillion by 2020. For B2B e-commerce companies, there’s a lot at stake.Sana Commerce is a B2B e-commerce software company founded in 2008 and headquartered in the Netherlands. Sana provides B2B enterprise multichannel e-commerce, which is integrated with ERP systems. This means that Sana allows its clients to initiate transactions from physical stores, online stores, mobile app stores, telephone sales, or any other method. A number of companies offer these types of services, but Sana is unique in that it integrates within already installed enterprise resource planning (ERP) systems. Sana Commerce allows businesses to achieve better customer service, higher sales efficiency, and increased revenue. It’s compatible with many major ERP systems, including most versions of Microsoft Dynamics and SAP systems, and its Webshop is installed within that system, as opposed to functioning separately and interfacing with that system externally. This ensures that companies using Sana don’t have to make large investments in new ERP systems. Sana uses the pre-existing ERP’s business logic and information rather than forcing a complicated integration.This feature of Sana Commerce appeals to many companies, including Mechan Groep, distributor of agricultural machinery, wholesale goods, and aftersales supplies. Mechan Groep is based in Achterveld, Netherlands, employs 180 people, with clients in both the Netherlands and Belgium. The company earns 180 million euro per year, according to Mechan Groep CFO Rene Schwiete, who is featured in the video.Mechan Groep’s aftersales department uses Sana to better serve the needs of its dealers. Mechan Groep implemented Sana because of its preexisting use of SAP ERP software, and Sana’s Webshop worked within its larger SAP systems flawlessly. There are 105 dealers in Mechan Groep’s network. These dealers use Sana’s Webshop to access Mechan Groep supplies. Dealers can view inventory on a daily basis and select the urgency with which they need supplies. Mechan Groep’s custom Webshop offers over 700,000 items to Mechan Groep’s dealers.
1.How does Mechan Groep staff fulfill each order as it comes in on Sana Webshop?
2.What type of clients does Mechan Groep serve? Why is the speed of Sana Webshop important?
3.What types of B2B e-commerce companies is Sana best suited for?
In: Operations Management
Tukai is a listed limited-liability company with a year-end of
30 June. Tukai’s main activity is selling health
products to the public. Products sold range from soap, perfume and
herbal supplements. Products are
purchased from approximately 100 different suppliers around Asian
countries. Tukai has 20 stores in 5
different countries.
Tukai is managed by Karl Kalulu who is an accountant with CPA from
Australia and with his influence has a well-trained
staffed internal audit department, who report on a regular basis to
the audit committee. Karl has impressed the owners
of the company with his professional reports and timely external
audits.
Areas where the internal and external auditors may carry out work
include:
1. attending the year-end inventory count in 20 stores annually.
All stores are visited on a rotational basis
2. checking the internal controls over the procurement systems
(e.g. ensuring a liability is only recorded
when the inventory has been received)
3. reviewing the operations of the marketing department.
Required: For each of the above three areas, discuss:
(a) the objectives of the internal auditor
(b) the objectives of the external auditor
(c) whether the external auditor will rely on the internal auditor
and, if reliance is required, the extent of that
reliance.
In: Accounting
The probabilities of an individual having a particular blood type are listed below.
Type A .4
Type B .3
Type AB .25
Type O .05
9. Find the probability that a randomly selected individual will have type A or type b blood.
10. Find the probability that a randomly selected individual will have a blood type other than type AB.
11. Find the probability that a randomly selected individual will have type AB or type O.
12. Find the probability that a randomly selected individual has a blood type other than type A or type B.
In: Statistics and Probability
(Python3)
Write a function friend_besties() that calculates the "besties" (i.e. degree-one friends) of a given individual in a social network. The function takes two arguments:
The function should return a sorted list, made up of all "degree-one" friends for the individual. In the instance that the individual does not have any friends in the social network, the function should return an empty list.
Example:
>>> friend_besties('kim', {'kim': {'sandy', 'alex',
'glenn'}, 'sandy': {'kim', 'alex'}, 'alex': {'kim', 'sandy'},
'glenn': {'kim'}})
['alex', 'glenn', 'sandy']
>>> friend_besties('ali', {'kim': {'sandy', 'alex',
'glenn'}, 'sandy': {'kim', 'alex'}, 'alex': {'kim', 'sandy'},
'glenn': {'kim'}})
[]
In: Computer Science