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BUS 5110 - AY2020-T4


14 May - 20 May


Written Assignment Unit 6


Written Assignment Unit 6

Submission phase

Workshop timeline with 5 phasesSkip to current tasks

Setup phase

Submission phase

Current phase

Task to doSubmit your work


Task infoOpen for submissions from Thursday, 14 May 2020, 6:05 AM (5 days ago)


Task infoSubmissions deadline: Thursday, 21 May 2020, 5:55 AM (2 days left)


Assessment phase

Task infoOpen for assessment from Thursday, 21 May 2020, 6:05 AM (2 days left)


Task infoAssessment deadline: Thursday, 28 May 2020, 5:55 AM (9 days left)


Grading evaluation phase

Closed

Instructions for submission

Submit a written paper which is 3-4 pages in length (no more than 4-pages), exclusive of the reference page. Your paper should be double spaced in Times New Roman (or its equivalent) font, which is no greater than 12 points in size. The paper should cite at least three sources in APA format. One source can be your textbook.
Please describe the circumstances of the following case study and recommend a course of action. Explain your approach to the problem, perform relevant calculations and analysis, and formulate a recommendation. Ensure your work and recommendation are thoroughly supported.
Case Study:
A manufacturing company is evaluating two options for new equipment to introduce a new product to its suite of goods. The details for each option are provided below:
Option 1

$65,000 for equipment with useful life of 7 years and no salvage value.


Maintenance costs are expected to be $2,700 per year and increase by 3% in Year 6 and remain at that rate.


Materials in Year 1 are estimated to be $15,000 but remain constant at $10,000 per year for the remaining years.


Labor is estimated to start at $70,000 in Year 1, increasing by 3% each year after.


Revenues are estimated to be:
Year 1Year 2Year 3Year 4Year 5Year 6Year 7- 75,000 100,000 125,000 150,000 150,000 150,000

Option 2

$85,000 for equipment with useful life of 7 years and a $13,000 salvage value


Maintenance costs are expected to be $3,500 per year and increase by 3% in Year 6 and remain at that rate.


Materials in Year 1 are estimated to be $20,000 but remain constant at $15,000 per year for the remaining years.


Labor is estimated to start at $60,000 in Year 1, increasing by 3% each year after.


Revenues are estimated to be:

Year 1Year 2Year 3Year 4Year 5Year 6Year 7- 80,000 95,000 130,000 140,000 150,000 160,000
The company’s required rate of return and cost of capital is 8%.
Management has turned to its finance and accounting department to perform analyses and make a recommendation on which option to choose. They have requested that the four main capital budgeting calculations be done: NPV, IRR, Payback Period, and ARR for each option.
For this assignment, compute all required amounts and explain how the computations were performed. Evaluate the results for each option and explain what the results mean. Based on your analysis, recommend which option the company should pursue.
Superior papers will:

Perform all calculations correctly.


Articulate how the calculations were performed, including from where values used in the calculations were obtained.


Evaluate the results computed and explain the meaning of the results, including why certain measurements are more accurate than others.


Recommend which option to pursue, supported by well-thought-out rationale, and considering any other factors that could impact the recommendation.


In: Accounting

For this assignment, explicitly state the five steps of a stimulation and carry out the simulation....

For this assignment, explicitly state the five steps of a stimulation and carry out the simulation. For the first problem, use a calculator. For the second, use the random digit table.

A nuclear reactor facility has two separate safety systems in place to prevent a nuclear meltdown. They prevent a meltdown by shutting down the reactor when the temperature reaches the danger level. The first system shuts down the reactor 80% of the time when the danger level is reached. The second system (which is completely separate from the first) shuts down the reactor 90% of the time when the danger level is reached.

a. Use your calculator to do 10 repetitions with the first system alone. Theoretically, it should successfully shut it down 16 out of 20 times.

b. Use your calculator to do 10 repetitions with the second system alone. Theoretically, it should successfully shut it down 18 out of 20 times.

c. Use your calculator to do 20 repetitions with the first and second systems working together. The reactor will successfully shut down if one or both systems are not working.

In: Statistics and Probability

From Dunkin Donuts to Just Dunkin! The famous American Donut’s brand is rebranding and closing stores...

From Dunkin Donuts to Just Dunkin! The famous American Donut’s brand is rebranding and closing stores across the world including Oman as its outlets have shut down for good. The demand for donuts in America is decreasing as customers preferring more healthy food with less sugar and fat.

The company’s brand CEO Mr. David Hoffmann said, “the rebranding comes as an effort to reshape the company’s strategic goals and focusing on drinks more than donuts.” While analyzing the company’s different products, the managers noticed that 60% of its revenue is coming from drinks like coffee while demand for donuts is declining.

The company redesigned its brand, and its stores making them look simpler. The company is also introducing new coffee experiences like nitro, cold brew, black...etc. The company will also introduce digital menu and drive through to fit the customers on the go lifestyle. The company will also reduce its employees as the new digital menus will eliminate the need of human employees, reducing the company’s costs.

Questions:

  1. Develop Integrated Marketing Communication for the new brand “Dunkin” . (250 words)
  2. Do you agree or disagree with the company’s rebranding strategy? Support your opinion based on your knowledge of the factors influencing the buyer behavior. (250 words)
  3. Discuss the role technology plays in Dunkin donuts new strategy. (250 words)

In: Operations Management

case study apple iPhone. There are risks and rewards for all in a global economy. The...

case study apple iPhone.

There are risks and rewards for all in a global economy. The globalization of human capital results in a range of winners and losers around the world: companies and their stockholders, consumers, contractors, firms up and down the supply chain, employed people, and unemployed people, as well as their economies. In February 2011, President Obama asked Apple's Steve Jobs why Apple could not bring back all the jobs it used to provide in the United States. The jobs related to most high-tech products made by companies such as Dell, HP, and Apple have now migrated overseas, including those for Apple's 70 million iPhones, 30 million iPads, and 59 million other products sold in 2011. Breaking down the retail price of $500 for Apple's iPhone, for example, Time magazine estimates that $61 worth of value comes from Japan, with its high-end technology manufacturing; $30 of value is added from Germany; $23 from South Korea; $7 from Chinese assembly lines; $48 from “unspecified”; and $11 from the U.S. Those inputs total $179 for parts and assembly abroad, leaving Apple, the inventor in the U.S., a profit of $321.3. For the first quarter of 2012, Apple made $13 billion in profit.
Although Apple directly employs 43,000 in the U.S. and 20,000 overseas, an additional 700,000 people engineer, build, and assemble iPads, iPhones, and Apple's other products in Asia and Europe. Sophisticated component parts outsourced in various countries are assembled in China. Some of those are contracted to Foxconn's Longhua factory campus in Shenzhen, for example, where over 300,000 employees live in dorms, eat on site, and chum out iPhones, Sony PlayStations, and Dell computers. Foxconn Technology, with 1.2 million employees in plants throughout the country, is China's largest exporter and assembles an estimated 40 percent of the world’s consumer electronics, including for customers such as Amazon, Dell, Hewlett-Packard, Nintendo, Nokia, and Samsung. No other factories in the world have the manufacturing scale of Foxconn.
The answer to the President’s question is not as simple as the ability to acquire cheaper labor overseas; Apple’s executives and those at other high-tech firms claim that “Made in the U-S-A” is not a competitive strategy for them because America does not compare favorably with the industrial skills, hard work, and flexibility that can be found in companies such as Foxconn. Questions as to what corporate America owes to Americans are met with the example of thousands of Chinese workers being roused in the night to accommodate a redesigned iPhone screen, and within a few days being able to produce 10000 iPhones a day—a feat not possible in U.S.factories. While the cost of labor is a small percentage of an iPhone’s cost, the major advantage and cost saving in China is in the management of supply chains and rapid access to component parts and manufacturing supplies from various factories in close proximity. In addition, Apple maintains that the large number of engineers and other skilled workers who could be accessed on short notice in China simply are not readily available in the United States; nor are the factories with the scale, speed, and flexibility that such a high-tech company needs. Apple executives give the example of visiting a factory to consider whether it could do the necessary work to cut the glass for the iPhone’s touchscreen. Upon their arrival, a new wing of the plant was already being built “in case you give us the contract.” Fareed Zakaria, in Times,maintains that this competitive edge is gained largely through Chinese government subsidies and streamlined regulations in order to boost domestic manufacturing. In the end, however, Apple maintains that:
We don’t have an obligation to solve America's problems. Our only obligation is making the best product possible.
However, after a number of suicides at Foxconn in 2010, reportedly attributable to the poor working conditions and excessive hours for very low pay, Apple was under some pressure from negative publicity; subsequently Foxconn raised wages, retained counselors, and literally strung nets from its highest buildings (to catch people). Apple does have a supplier code of conduct. In January 2012, Apple joined the Fair Labor Association (FLA), the first technology company to do so, and asked the group to do an independent assessment of conditions at its major factories. This move followed the company’s own report that documented numerous labor violations, including employees doing 60 hour workweeks and not getting paid proper overtime. A few days after the FLA started its investigation, Foxconn said that they would increase salaries for some workers by 16% to 20%—to about $400 a month before overtime—and that they would reduce overtime. While this is encouraging news for workers' rights, it should be noted that Apple and other contractors are known to only allow the slimmest of profits to its suppliers, which results in the suppliers trying anything to reduce their costs, such as using cheaper and more toxic chemicals or making their employees work faster and longer.
“The only way you make money working for Apple is figuring out how to do things more efficiently or cheaper,” said an executive at one company that helped bring the iPad to market.” And then they’ll come back the next year, and force a 10 percent price cut.”
China is being forced to take notice of such problems and labor is gaining some ground; the issue then is that firms have already started to move jobs to other countries with lower wages.
1. What is meant by the globalization of human capital? Is this inevitable as firms increase their global operations?
2. How does this case illustrate the threats and opportunities facing global companies in developing their strategies?
3. To what extent do you think the negative media coverage has affected Apple’s recent decision to ask the FLA to do an independent assessment and the subsequent decision by Foxconn to raise some salaries? What do you think will happen now?

In: Economics

The multiple regression model is estimated in Excel and part of the output is provided below....

The multiple regression model is estimated in Excel and part of the output is provided below.

ANOVA
df SS MS F Significance F
Regression 3 3.39E+08 1.13E+08 1.327997 0.27152899
Residual 76 6.46E+09 85052151
Total 79 6.8E+09

Question 8 (1 point)

Use the information from the ANOVA table to complete the following statement.

To test the overall significance of this estimated regression model, the hypotheses would state

there is    between attendance and the group of all explanatory variables, jointly.

there is    between attendance and the group of all explanatory variables, jointly.

The test statistic is calculated as

   /    =   ,

which follows an F distribution with    numerator and    denominator degrees of freedom. Based on the p-value of 0.272, we    the null hypothesis at a 5% level of significance, meaning that the relationship between attendance and the collective group of explanatory variables    statistically significant.

Word Bank:

85052151is not1.33no significant relationship3.39E+081.13E+0836.46E+09reject767980a significant relationshipfail to rejectis

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In: Statistics and Probability

QUESTION 33 The level of frictional unemployment is determined by the flows of people into and...

QUESTION 33

  1. The level of frictional unemployment is determined by

    the flows of people into and out of employment.

    the duration of the spells of unemployment.

    the level of excess demand.

    technological changes

2 points   

QUESTION 34

  1. Employment contracts for the majority of American workers take the form of

    formal documents precisely specifying in advance the obligations of each party

    oral agreements that can be legally enforced when necessary.

    a broad set of informal understandings between each party.

    collective bargaining agreements made between an employer and a union.

2 points   

QUESTION 35

  1. Suppose that the compensating differential associated with working in a noisy workplace is

    $500 per year. This $500 payment can be interpreted as

    the amount sufficient to attract any worker to the noisy environment.

    the amount that the marginal worker is willing to pay for a quiet environment.

    the minimum amount necessary to attract a worker to the noisy environment

    the most that any worker would pay for a quiet work environment.

2 points   

QUESTION 36

  1. Demand deficient unemployment results from

    a general slowdown in business activity.

    real wages being inflexible downward

    changes in the skills required of workers.

    Both a and b

In: Economics

Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer’s...

Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer’s outstanding shares continue to trade at a collective value of $174,000. On the acquisition date, Sawyer has the following accounts:

Book Value Fair Value
Current assets $ 210,000 $ 210,000
Land 170,000 180,000
Buildings 300,000 330,000
Liabilities (280,000 ) (280,000 )

The buildings have a 10-year remaining life. In addition, Sawyer holds a patent worth $140,000 that has a five-year remaining life but is not recorded on its financial records. At the end of the year, the two companies report the following balances:

Parker Sawyer
Revenues $ (900,000 ) $ (600,000 )
Expenses 600,000 400,000
  1. Assume that the acquisition took place on January 1. What figures would appear in a consolidated income statement for this year?

  2. Assume that the acquisition took place on April 1. Sawyer’s revenues and expenses occurred uniformly throughout the year. What amounts would appear in a consolidated income statement for this year?

a. January 1 b. April 1
Combined revenues
Combined expenses
Consolidated net income
Net income attributable to noncontrolling interest
Net income attributable to Parker, Inc.

In: Accounting

Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer’s...

Parker, Inc., acquires 70 percent of Sawyer Company for $420,000. The remaining 30 percent of Sawyer’s outstanding shares continue to trade at a collective value of $174,000. On the acquisition date, Sawyer has the following accounts:

Book Value Fair Value
Current assets $ 210,000 $ 210,000
Land 170,000 180,000
Buildings 300,000 330,000
Liabilities (280,000 ) (280,000 )

The buildings have a 10-year remaining life. In addition, Sawyer holds a patent worth $140,000 that has a five-year remaining life but is not recorded on its financial records. At the end of the year, the two companies report the following balances:

Parker Sawyer
Revenues $ (900,000 ) $ (600,000 )
Expenses 600,000 400,000
  1. Assume that the acquisition took place on January 1. What figures would appear in a consolidated income statement for this year?

  2. Assume that the acquisition took place on April 1. Sawyer’s revenues and expenses occurred uniformly throughout the year. What amounts would appear in a consolidated income statement for this year?

a. January 1 b. april 1

combined revenues

combined expenses
consolidated net income
net income attributable to noncontrolling interest
net income attributable to parker, Inc.

In: Accounting

Josephine worked part-time, in substantially the same position, for two nursing homes—St. Pats and West End...

Josephine worked part-time, in substantially the same position, for two nursing homes—St. Pats and West End Villa. She asked West End Villa for significant accommodations and provided a medical note indicating that she could not perform a large majority of her duties there. While investigating her accommodation request, West End Villa contacted St. Pats, asking for information on Josephine’s attendance and work restrictions. St Pats responded, and also sent them a copy of the medical note Josephine had previously provided to St. Pats indicating that she could perform all of the duties of her job without accommodation. Upon finding out about this unauthorized disclosure of her medical information, Josephine—a unionized employee—filed a grievance against St. Pats, seeking monetary damages for breach of her privacy. St. Pats responded that while the disclosure was not permitted under the collective agreement, the information it sent to West End Villa was innocuous since the medical note did not contain any actual diagnosis. In fact, it referred to an absence of medical restrictions.

Is the employer, St Pats, liable for breach of privacy in these circumstances?

In: Operations Management

Three page article critique on Hurd, R. W. (2013). Moving beyond the critical synthesis: Does the...

Three page article critique on

Hurd, R. W. (2013). Moving beyond the critical synthesis: Does the law preclude a future for US unions? Labor History, 54(2), 193-200.

This article is a reflective essay that assesses the strength of comments made by Christopher L. Tomlins in his book The State and Unions (1985), which looks back over the past quarter century. Various predictions were made concerning union decline and failed revival efforts as well as counterfeit rights offered to the U.S. working class.

Article critique should address the questions below.

  • What are the author’s main points?
  • Do the arguments presented by the author support the main point?
  • What evidence supports the main point? For example, if Tomlin’s thesis that the New Deal offered only a counterfeit liberty to labor is true, what effect does that have on employee morale?
  • Briefly describe two collective bargaining strategies companies use when dealing with unions. How can these strategies affect employee morale?
  • What is your opinion of the article?
  • What evidence, either from the textbook or from additional sources, supports your opinion?

In: Operations Management