Visit a local retailer/restaurant etc, count number of customers visiting the retailer/restaurant for a period of 10 minutes, count three periods. Use your data, choose appropriate distribution model, help us understand the following questions.
Here is the data
Period 1 = 6 people
Period 2 = 9 people
Period 3 = 7 people
In: Statistics and Probability
Sycamore Plastics (SP) is a manufacturer of polyethylene plastic pellets used as a raw material by manufacturers of plastic goods around the U.S. SP currently operates four manufacturing centers in Philadelphia, PA; Atlanta, GA; St. Louis, MO; and Salt Lake City, UT. The plants have different capacities and production costs as indicated in the table below.
| PLANT | MAXIMUM
CAPACITY (× 100,000 LBS.) |
PROD.
COST (PER 1,000 LBS.) |
| Philadelphia | 8.1 | $322.00 |
| Atlanta | 9.2 | $272.00 |
| St. Louis | 12.1 | $302.00 |
| Salt Lake City | 10.1 | $247.00 |
SP currently has six contract
customers located in New York City; Birmingham, AL; Terre Haute,
IN; Dallas, TX; Spokane, WA; and San Diego, CA. Transportation
costs between the plants and various customers, as well as
contracted demand from each customer, are shown in the table
below.
| TRANSPORT COSTS PER 1,000 LBS. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FROM/TO | NYC | BIRMINGHAM | TERRE HAUTE | DALLAS | SPOKANE | SAN DIEGO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Philadelphia | $46 | $53 | $57 | $63 | $72 | $85 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Atlanta | 56 | 43 | 59 | 60 | 74 | 82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| St. Louis | 58 | 61 | 51 | 55 | 59 | 70 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Salt Lake City | 73 | 72 | 68 | 58 | 52 | 60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Demand (× 1,000 lbs.) |
526 | 415 | 926 | 601 | 334 | 401 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In: Statistics and Probability
On June 1, Maureen sent a letter to Joel that offered to sell 10 000 shares in Tadpole Inc (a computer software company) for $5 each. Her letter did not require Joel to respond by any particular date. On June 3, Tadpole Inc publicly announced that its engineers had perfected a new technology that would revolutionize the electronic commerce industry. On June 5, Joel returned from his cottage and learned of both Maureen's offer and the price of Tadpole Inc shares. He promptly sent a letter to Maureen that said, "I accept your offer. I will pay a total of $50 000 for 10 000 shares in Tadpole Inc." and proceeded to sell 100 shares in stock in Apple Computers to pay for it. By June 6, the price of a single share in Tadpole had increased to $100. Maureen immediately mailed Joel a letter withdrawing her offer. On June 7, Apple announced its new IPhone and its stock immediately increased by $300 per share. On June 8, Maureen received Joel's letter accepting the contract. On June 9, Joel received Maureen's letter withdrawing her offer. Maureen refuses to sell Joel the Tadpole stock. Should Joel sue Maureen for breach of contract? If so would he be successful and what are his remedies? Can Joel recover even if he would not be successful for breach of contract?
In: Accounting
1) A woman wishes to attend an all male, publicly supported college. She claims the college is violating the equal protection clause of the Constitution. What level of scrutiny will the court use when deciding this case?
| a. |
Minimal scrutiny |
|
| b. |
Intermediate scrutiny |
|
| c. |
strict scrutiny |
|
| d. |
Compelling interest scrutiny |
2) When Mohammad was hired by Pomico, Inc., he signed the following agreement, "Upon termination of my employment with Pomico, I agree not to work for a competing company within 50 miles of Pomico's headquarters for one year."
| a. |
an exculpatory agreement |
|
| b. |
a usurious agreement |
|
| c. |
a bailment agreement |
|
| d. |
an agreement not to compete |
3) An agreement that relieves one part of liability for injury or damages caused by his/her negligence is called a(n):
| a. |
agreement in restraint of trade |
|
| b. |
exculpatory clause |
|
| c. |
nullification of liability clause |
|
| d. |
usurious clause |
4) If the title of an appellate court case appears as Jones v. Smith
| a. |
Jones is the plaintiff and Smith is the defendant |
|
| b. |
Smith won the trial court decison |
|
| c. |
You cannot determine which party is the plaintiff, because when a defendant loses a trial and files an appeal. some (but not all) courts reverse the name of the parties |
|
| d. |
the trial judge was Jones and the appellate judge is Smith |
5) Jaime offered to buy Kevin's bike, Jaime is the offeror.
True
False
In: Operations Management
Which of the following statement is NOT correct?
|
During IPOs, underwriters purchase shares from issuing firms and resell them |
||
|
Both open-end and close-end fund shares can be traded |
||
|
None of the above |
||
|
There is a decrease in number of IPOs after 2000 |
||
|
Purchases of new issues of stock take place in the primary market |
In: Finance
20. Which one of the following is an example of a level 2 input used in the measurement of the fair value of loans receivable by a bank?
Group of answer choices
Identical loans traded on the active market
The bank’s records of the borrower’s repayment history.
Bank's past lending history
Quoted prices for similar loans in markets that are not active.
In: Accounting
Identify or define each of the following terms.
a) The difference between futures price and expected spot price in the future
b) The contract size of ethanol futures traded on Chicago Mercantile Exchange=?
c) Swap bank
d) Long position in put
e) The minimum value (lower bound) of American call, assuming no dividend=
In: Finance
Good Morning,
I need to choose a stock to invest in that's traded on NYSE or NASDAQ and write a summary on the stock and why i chose that stock. Can someone help me please. i know nothing about stocks and i do not know which stock is good right now to invest in. Thanks.
In: Finance
Generalize the formula for excess burden when supply curve is
perfectly elastic to the case where supply curve is upward sloping
and the elasticity of
supply is n. Show buyers price increases by n/(n+e)*tbPb and
sellers price decreases by e/(n+e)*tbPb
Derive the change of quantity traded from it.
In: Economics
Val’s Hair Emporium operates a hair salon. Its unadjusted trial balance as of December 31, 2018, follows, along with information about selected accounts.
| Account Names | Debit | Credit | Further Information | |||||||
| Cash | $ | 4,800 | As reported on December 31 bank statement. | |||||||
| Supplies | 5,300 | Based on count, only $1,800 of supplies still exist. | ||||||||
| Prepaid Rent | 9,000 |
This amount was paid November 1 for rent through the end of January. |
||||||||
| Accounts Payable | $ | 2,000 |
This represents the total amount of bills received for supplies and utilities through December 15. Val estimates that the company has received $550 of utility services through December 31 for which it has not yet been billed. |
|||||||
| Salaries and Wages Payable |
0 |
Stylists have not yet been paid $200 for their work on December 31. |
||||||||
| Income Tax Payable | 0 |
The company has paid last year’s income taxes but not this year’s taxes. |
||||||||
| Common Stock | 3,000 | This amount was contributed for common stock in prior years. | ||||||||
| Retained Earnings | 800 | This is the balance reported at the end of last year. | ||||||||
| Service Revenue | 92,400 | Customers pay cash when they receive services. | ||||||||
| Salaries and Wages Expense |
30,100 |
This is the cost of stylist wages through December 30. |
||||||||
| Utilities Expense | 13,200 | This is the cost of utilities through December 15. | ||||||||
| Rent Expense | 30,000 | This year’s rent was $3,000 per month. | ||||||||
| Supplies Expense | 5,800 |
This is the cost of supplies used through November 30. |
||||||||
| Income Tax Expense | 0 | The company has an average tax rate of 20%. | ||||||||
| Totals | $ | 98,200 | $ | 98,200 | ||||||
In: Accounting