Women have pulse rates that are normally distributed with a mean of 77.5 beats per minute and a standard deviation of 11.7 beats per minute. Complete parts a through c below.

a. Find the percentiles Upper P 1 and Upper P 99.

b. A doctor sees exactly 35 patients each day. Find the probability that 35 randomly selected women have a mean pulse rate between 64 and 92 beats per minute. The probability is __.

c. If the doctor wants to select pulse rates to be used as cutoff values for determining when further tests should be​ required, which pulse rates are better to​ use: the results from part​ (a) or the pulse rates of 64 and 92 beats per minute from part​ (b)? Why?

A. Part​ (a), because the cutoff values should be based on individual patients rather than the mean pulse rate of the sample.

B. Part​ (b), because the cutoff values should be based on the mean pulse rate of the sample rather than individual patients.

C. Part​ (b), because the cutoff values should be based on individual patients rather than the mean pulse rate of the sample.

D. Both pulse rate ranges are equally acceptable.

The Carseat is a data set containing sales of child car seats at 400 different stores. Your task is to develop a regression model to predict sales and use this data to estimate your model.

Description of variables:
Sales: Unit sales (in thousands) at each location
CompPrice: Price charged by competitor at each location
Income: Community income level (in thousands of dollars)
Advertising: Local advertising budget for company at each location (in thousands of dollars)
Population: Population size in region (in thousands)
Price: Price company charges for car seats at each site
ShelveLoc: A factor with levels Bad, Good and Medium indicating the quality of the shelving location for the car seats at each site
Age: Average age of the local population
Education: Education level at each location
Urban: A factor with levels No and Yes to indicate whether the store is in an urban or rural location
US: A factor with levels No and Yes to indicate whether the store is in the US or not

a. Which variables are categorical variable? For each categorical variable, define the corresponding dummy variables. [1pt]

Imagine that you are working as manager of the Information Technology Department, ASCS College, King Saud University, Riyadh, Saudi Arabia. Write a business letter (Alternative block format) to Sales Manager, Dell Company situated at the following address

Dell Computer Corporation,
One Dell Way Round Rock,
Texas 78682,
United States of America.

Requesting them to send the price quotation of 100 workstations with the following configuration.

Precision T3630;Tower Workstation; Intel Xeon E-2174G, 4 Core HT, 8MB Cache, 3.8Ghz, 4.7GHz; Windows 10 Pro 64bit English.

Wahlund Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. They prepared the following budget for October, when they planned on selling 6,500 units.

Actual results for October were:

Prepare a Flexible Budget Performance Report (complete Flexible Budget Analysis), including the total Activity Variance, total Revenue and Spending Variance, and individual Revenue and Spending Variances. All variances must be labeled as unfavorable (U) or favorable (F). Match each of the following items to the appropriate answer. Prepare the Flexible Budget Performance Report BEFORE you attempt to answer the questions.

Red Carpet LLC is a national hospitality and entertainment company with headquarters in Philadelphia, PA with national operations in the US. Historically, the company has had 3 divisions: hotels, food service, and cruise lines. However, it recently completed the acquisition of Sparkstar theaters, a movie theater company, that it is slated to become its 4th division. Red Carpet now owns 200 hotels in 48 states, 4 brands of restaurants with 1776 locations, 4 Buoy Bay branded cruise ships, and 300 Sparkstar theaters.

Its matrix organizational structure consists of a central HR, accounting, business development, sales, marketing, and research and development departments located at the headquarters in Philadelphia that serve each division. Each division is located in a different part of the US and lead by a VP that reports to the President and CEO. The company is privately owned by a consortium of investors and investor groups.

Red Carpet has 16,000 employees, 1000 of which work at its corporate headquarters. The organizational culture of the headquarters is informal and organic and there are few policies and processes that guide employee behavior. The company, as a whole, does not value HR so employees struggle with many employee relations and employment law concerns. The company outsources all of its training to one of the investor group companies, however this training is commonly not customized to the needs of Red Carpet.

As a whole, Red Carpet struggles with its business to business partners and suppliers because of its reputation for being nonnegotiable. Red Carpet would rather disrupt the quality and availability of its only products and services rather than partner for the supply chain resources that it needs. Likewise, Red Carpet does not hold many of the General Managers in its hotels, restaurants, and its cruise ships accountable for performance, opting instead for a weaker political strategy of blaming and gotcha games.

Being aware of these challenges, Red Carpet acquired Sparkstar for their strong industry reputation and financial performance in the hopes that merging the structure and culture of Sparkstar into Red Carpet would change the organization for the better. Historically, Red Carpet has been a highly successful company, however in recent years, its mismanagement has created noticeable effectives in product and service quality and its bottom line.

Divisions

Hotels: Red Carpet branded hotels are mid-price semi-luxury hotels known for high quality. Each customer is given a red velvet cupcake upon checking in. Red Carpet relies on its General Managers to micromanage the hotel. Despite its corporate parent owning a restaurant division, no Red Carpet hotels have restaurants. The Red Carpet division headquarters are in Sedona AZ. Many of the hotels are in need of refurbishment.

Food Service: Chicken Heaven is a fast-food chain with a long tradition of quality, large customer base, and 1000 locations. It is a solid overall performer for Red Carpet with high employee satisfaction. Burger Blast is another fast-food chain recently launched to cater to upscale customers who seek customized, gourmet-style burgers. It has 200 locations, however General Managers are struggling with budget and supplies causing a poor customer experience and high employee turnover. Food Park is a buffet-style restaurant with 500 locations that has been recently struggling because of high competition and poor marketing. Delicacy is a high-end restaurant with an urban theme. It has 76 locations, is the oldest of Red Carpet's food service operations, and provides a unique dining experience for customers. However, General Managers have a high turnover at Delicacy because of the grueling schedule. The food service division is located in Burke, ID.

Cruise Ships: Buoy Bay cruise ships offer low-cost, short-term cruises from Port Canaveral, FL only to the US Virgin Islands. Buoy Bay offers customers average quality staterooms and food from Chicken Heaven, Burger Blast, and Food Park. However, it does not offer a non-buffet formal dining option such as Delicacy. Although they are known for their over-the-top entertainment, employee turnover is very high relying primary on seasonal employees who are poorly trained. Buoy Bay has had much controversy. Just 5 years ago, the Buoy Bay cruise ship, Garland of the Sails, hit a reef, partially sank, and had to be salvaged in a 1.5 billion dollar operation. This resulted in a Federal investigation that is still pending. The Buoy Bay division is located in Lapsowanne, OR.

Movie Theaters: Sparkstar theaters were recently purchased from the Vegamega group for 2.3 billion dollars. Sparkstar is the highest rated movie theater chain the US. It has high customer and employee satisfaction, an efficient organizational structure, and solid financial results. Sparkstar's culture is one of high HR involvement including a strong training and development department, Sparkstar Institute. Sparkstar has a customer rewards program that provides a free movie rental of the film that the customer saw in the theater which has been very popular and has increased its strong customer base. Sparkstar has its divisional headquarters in Pasadena, CA.

The Issues

With the purchase of Sparkstar theaters, Red Carpet is hoping to redefine its operations in the next 5 years. It sees opportunities to integrate its divisions, products, and services to better serve its customers and employees. Here is a summary of some of the issues that Red Carpet must address in its strategic plan:

Internal politics and communication
Improved HR and training
Employee relations issues
Federal investigations
Product and service quality
Marketing support
Performance issues
Redefining the organizational structure
Improving its organizational culture
Integrating products and services
Resource and supply chain issues

Your Role

Leroy Banks, the Director of Change management at Red Carpet is seeking an Organization Development Consultant to address Red Carpet's need for change. You've just received a consulting contract from him to help prepare a plan to assist Red Carpet. You're excited about the opportunity and are motivated to work on this project. You know that your insight will assist Red Carpet with managing organizational change.

Primary Task Response: Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Additional Information:

The VP of HR reviewed the executive summary and decided that your recommendation was a strong course of action for the change process. In her discussions with Leroy, she mentioned that it would be good to have you participate in a focus group to discuss your experiences with the change process. She was interested in discovering some best practices for change and felt that your experiences would be very valuable to Red Carpet’s approach to change. To guide the discussion, she recommended addressing a few points that should be covered in the focus group. Leroy will gather the results of the focus group and share it with the VP of HR.

Review the Red Carpet scenario for this course and with your classmates; discuss the following questions that will provide insight into your own change experiences:

Describe a successful change initiative from your own experiences and why it worked well.
Describe an unsuccessful change initiative from your own experiences and why it did not achieve its intended objectives.
From your own experiences, summarize the key success factors for change at Red Carpet that you would recommend to Leroy.

2. Consider the following proposed changes to the current Social Security earnings test (i.e. from the one we discussed in class) and determine if the changes lead to higher hours of work among retirees. a. A change in the amount of exempt labor earnings from $17,000 to $25,000. b. The government would reduce benefits by 50 cents for every dollar earned above $25,000 rather than 33 cents as discussed in class.

Explain the significance and importance of the warehousing industry using examples from real life. Also, considering the fact that the US is moving from a manufacturing economy to a Service oriented economy, do you think the warehousing industry will become obsolete in the future? Give appropriate reasons from your answer and be very detailed in your answers.

Where exactly does CMB come from. I've seen it in documentaries as a huge sphere with Earth in the middle. But if all this radiation was ejected from the start of the universe some time after the big bang; why can we see it? Surely the radiation should be travelling away from us? Just like every galaxy is?

An athletic footwear company is attempting to estimate the sales that will result from a television advertisement campaign of its new athletic shoe. The contribution to earnings from each pair of shoes sold is $40. Suppose that the probability that a television viewer will watch the advertisement (as opposed to turn his/her attention elsewhere) is 0.40. Furthermore, suppose that 1% of viewers who watch the advertisement on a local television channel will buy a pair of shoes. The company can buy television advertising time in one of the time slots according to Table below:
Television advertising costs and viewers

(a) Suppose that the company decides to buy one minute of advertising time. Which time slot would yield the highest expected contribution to earnings net of costs? What is the total expected contribution to earnings resulting from the advertisement?
(b) Suppose the company decides to buy two one-minute advertisements in different time slots. Which two different time slots should the company purchase to maximize the expected contribution to earnings? What is the total expected contribution to earnings resulting from these two advertisements?

a) A country produces computers. If the pretrade domestic price for computers is $ 900, and the world price for computers is $ 1200, will this country export or import computers?

(b) Say the US dollar appreciates against other currencies. What will happen to US exports? To US imports?

(c) Say US interest rates increase over Japanese interest rates. Will the US dollar appreciate or depreciate against the Japanese yen?

(d) Say the US economic growth rate increases over the Canadian economic growth rate. Will the US dollar appreciate or depreciate against the Canadian dollar?