Consider a food truck selling only grilled chicken sandwich. They order chicken breast once every two days, which means this order is intended to satisfy next two days’ demand. Demand for a two?day period (# of sandwiches) is estimated by experience in the following table.

Demand (# of sandwiches) 40, 80, 100, 120, 160

Probability .20, .20, .20, .30, .10

Each sandwich consumes half a pound of chicken breast. The procurement cost for each pound of chicken breast is $5. Revenue from each sandwich is $8. All unused chicken breast can be sold to a local farm at the price of $1 per pound. Ignore all the other cost for making a sandwich in this question. Hint: Before doing the marginal analysis, consider converting all units to either # of sandwiches or # of pounds of chicken breast.

FT1. How many pounds of chicken breast should you order to maximize profit?

FT2. What’s the expected total profit for a two?day period?

Phoenix Inc., a cellular communication company, has multiple business units, organized as divisions. Each division’s management is compensated based on the division’s operating income. Division A currently purchases cellular equipment from outside markets and uses it to produce communication systems. Division B produces similar cellular equipment that it sells to outside customers—but not to division A at this time. Division A’s manager approaches division B’s manager with a proposal to buy the equipment from division B. If it produces the cellular equipment that division A desires, division B will incur variable manufacturing costs of $60 per unit.

Relevant Information about Division B

Sells 75,000 units of equipment to outside customers at $130 per unit

Operating capacity is currently 80%; the division can operate at 100%

Variable manufacturing costs are $70 per unit

Variable marketing costs are $8 per unit

Fixed manufacturing costs are $780,000

Income per Unit for Division A (assuming parts purchased externally, not internally from division B)

Required:

1. Division A wants to buy 37,500 units from Division B at $75 per unit. Should Division B accept or reject the proposal to sell the 37,500 units?

(a). Calculate the net operating profit or loss to Division B and to the firm as a whole if the 37,500 units are sold to Division A.

(b.) Calculate the net benefit to the firm as a whole if Division A will accept a partial shipment from Division B.

2. What is the range of transfer prices over which the divisional managers might negotiate a final transfer price?

Cost Management: A Strategic Emphasis (8th Edition) Chapter 19, Problem 49

Transfer Pricing;

Decision Making Phoenix Inc., a cellular communication company, has multiple business units, organized as divisions. Each division’s management is compensated based on the division’s operating income.

Division A currently purchases cellular equipment from outside markets and uses it to produce communication systems.

Division B produces similar cellular equipment that it sells to outside customers—but not to division A at this time.

Division A’s manager approaches division B’s manager with a proposal to buy the equipment from division B.

If it produces the cellular equipment that division A desires, division B will incur variable manufacturing costs of $60 per unit.

Relevant Information about Division B
Sells 50,000 units of equipment to outside customers at $130 per unit
Operating capacity is currently 80%; the division can operate at 100%
Variable manufacturing costs are $70 per unit
Variable marketing costs are $8 per unit
Fixed manufacturing costs are $580,000

Income per Unit for Division A (assuming parts purchased externally, not internally from division B)
Sales revenue $320
Manufacturing costs:
Cellular equipment 80
Other materials 10
Fixed costs 40
Total manufacturing costs 130
Gross margin 190
Marketing costs:
Variable 35
Fixed 15
Total marketing costs 50
Operating income per unit $140

Required
1. Division A wants to buy 25,000 units from division B at $75 per unit.

Should division B accept or reject the proposal?

How would your answer differ if (a) division A requires all 25,000 units in the order to be shipped by the same supplier, or (b) division A would accept partial shipment from division B?

2. What is the range of transfer prices over which the divisional managers might negotiate a final transfer
price? Provide a rationale for the range you provide.

Phoenix Inc., a cellular communication company, has multiple business units, organized as divisions. Each division’s management is compensated based on the division’s operating income. Division A currently purchases cellular equipment from outside markets and uses it to produce communication systems. Division B produces similar cellular equipment that it sells to outside customers—but not to division A at this time. Division A’s manager approaches division B’s manager with a proposal to buy the equipment from division B. If it produces the cellular equipment that division A desires, division B will incur variable manufacturing costs of $60 per unit.

Relevant Information about Division B

Sells 95,000 units of equipment to outside customers at $130 per unit

Operating capacity is currently 80%; the division can operate at 100%

Variable manufacturing costs are $70 per unit

Variable marketing costs are $8 per unit

Fixed manufacturing costs are $940,000

Income per Unit for Division A (assuming parts purchased externally, not internally from division B)

Required:

1. Division A wants to buy 47,500 units from Division B at $75 per unit. Should Division B accept or reject the proposal to sell the 47,500 units? (a). Calculate the net operating profit or loss to Division B and to the firm as a whole if the 47,500 units are sold to Division A. (b.) Calculate the net benefit to the firm as a whole if Division A will accept a partial shipment from Division B.

2. What is the range of transfer prices over which the divisional managers might negotiate a final transfer price?

Write a Python program to solve the 8-puzzle problem (and its natural generalizations) using the A* search algorithm.

The problem. The 8-puzzle problem is a puzzle invented and popularized by Noyes Palmer Chapman in the 1870s. It is played on a 3-by-3 grid with 8 square blocks labeled 1 through 8 and a blank square. Your goal is to rearrange the blocks so that they are in order, using as few moves as possible. You are permitted to slide blocks horizontally or vertically into the blank square. The following shows a sequence of legal moves from an initial board (left) to the goal board (right).

     1 3            1      3        1 2 3         1 2 3        1 2 3

4 2 5   =>   4 2 5   => 4     5   => 4    5     => 4 5 6

7 8 6          7 8 6          7 8 6        7 8 6         7 8

initial           1 left              2 up               5 left            goal

Best-first search. Now, we describe a solution to the problem that illustrates a general artificial intelligence methodology known as the A* search algorithm. We define a search node of the game to be a board, the number of moves made to reach the board, and the previous search node. First, insert the initial search node (the initial board, 0 moves, and a null previous search node) into a priority queue. Then, delete from the priority queue the search node with the minimum priority, and insert onto the priority queue all neighboring search nodes (those that can be reached in one move from the dequeued search node). Repeat this procedure until the search node dequeued corresponds to a goal board. The success of this approach hinges on the choice of priority function for a search node. We consider two priority functions:

• Hamming priority function. The number of blocks in the wrong position, plus the number of moves made so far to get to the search node. Intuitively, a search node with a small number of blocks in the wrong position is close to the goal, and we prefer a search node that have been reached using a small number of moves.

Manhattan priority function. The sum of the Manhattan distances (sum of the vertical and horizontal distance) from the blocks to their goal positions, plus the number of moves made so far to get to the search node

Input and output formats. The input and output format for a board is the board size N followed by the N-by-N initial board, using 0 to represent the blank square.

more puzzle04.txt

3

0 1 3

4 2 5

7 8 6

Solver puzzle04.txt

Minimum number of moves = 4

3

0 1 3

4 2 5

7 8 6

3

1 0 3

4 2 5

7 8 6

3

1 2 3

4 0 5

7 8 6

3

1 2 3

4 5 0  

7 8 6

3

1 2 3

4 5 6

7 8 0

more puzzle-unsolvable3x3.txt

3

1 2 3

4 5 6

8 7 0

Solver puzzle3x3-unsolvable.txt

Unsolvable puzzle

Your program should work correctly for arbitrary N-by-N boards (for any 1 ≤ N < 128), even if it is too slow to solve some of them in a reasonable amount of time.

Patient is 88 year old female admitted to the hospital with a two day history of feeling SOB, lightheaded, dizzy, and chest pain. The patient lives in a single family house, and the bedroom and bathroom are located on the second floor. The patient was brought to the ED by the family. The nurse starts to perform the nursing assessment and finds that the patient is only oriented to person. The patient does not report any pain. The vital signs and the laboratory results are recorded as the following:

Temp. 38.1   pulse 98    resp. 32    Blood pressure 122/80   SpO2 with RA at Pulse Ox 89% , weight at 120 pounds (54.54 Kilograms), height 5.4

Na                   148

Cl                    96

Potassium        3.5

Bicarb             39

BUN               50

Creat             1.78

Glucose         124

Hgb              6.6

Hct              21.5

WBC           24.9

Platelets     145,000

Albumin       3.5

ROS:

Negative

PMH:    CAD, CKD, HTN, COPD

PSH: Bilateral knee replacement

Social hx: lives alone, drinks one glass of wine once a day, denies smoking and drug abuse

Allergies:

NKDA

Medications at home: Lisinopril 40 mg once a day, ASA 81 mg once a day, Lasix 40 mg once a day, Advair one puff every 12 hours

Physical Exam:

Awake, confused to time and place, oriented to self

Mucous membranes dry, tongue pink

HEENT: AT/NC, PERRLA, neck supple, no JVD

CV: RRR, Normal S1 S2, no m/r/c heard

Lungs:   Breath sounds vesicular with crackles in the posterior bases

ABD: distended with faint bowel sounds, tender to touch

Extremities: upper and lower extremities with strength at 3/5 for all four extremities

Has 3+ edema in lower legs bilaterally

Skin: small open redden area on left thigh

Diagnostic Exam:

ECG: Normal

2D echocardiogram: LV function at 20%

Answer the following questions:

Identify the abnormal lab tests.         

Identify two nursing diagnosis for this patient.

Identify two nursing intervention for each nursing diagnosis with rationale.

Identify one short term goal for each nursing diagnosis.

Identify one outcome for each nursing diagnosis.

List the medications for the patient.

List the diagnosis test ordered for the patient and the results.

Need Excel Format and screenshot

The attached printout of an Excel spreadsheet shows the use of six financial formulas related to the time-value-of-money concepts discussed in Chapter 5. Your task is to reproduce the spreadsheet using Excel financial formulas in the red cells, which have the names shown in blue in the adjacent cells. You can find the financial formulas in Excel by clicking on Formulas at the top of the spreadsheet, and then clicking on Financial.

You will submit your spreadsheet through D2L, and I will check your work by changing one of the input values for each formula to see if your spreadsheet calculates the correct answer.

Note that interest rates in Excel are entered in decimal form, not as a percent as with the TI calculator. For example, in Excel 9.5% is entered in a cell as 0.095. Also, the type variable for each formula defines when the cash flows occur. Setting type equal to 0 means the cash flows occur at the end of each period. Setting type equal to 1 means the cash flows occur at the beginning of each period.

• A MAJOR POTENTIOMETER MANUFACTURER IS CONSIDERING TWO ALTERNATIVES FOR NEW PRODUCTION MACHINES WITH CAPACITY TO PRODUCE 20 000 UNITS PER DAY. ONE ALTERNATIVE IS FOR A HIGH-CAPACITY AUTOMATED PRODUCTION MACHINE CAPABLE OF PRODUCING 20 000 UNITS PER DAY WHEN OPERATED FOR THREE SHIFTS PER DAY. A QUARTER-TIME EMPLOYEE WOULD BE ASSIGNED TO MONITOR THE MACHINE (EMPLOYEE WOULD MONITOR OTHER MACHINES AT THE SAME TIME). WITH THE THREE-SHIFT SCHEDULE THIS WOULD BE EQUIVALENT TO A THREE-QUARTER-TIME EMPLOYEE.

• A SECOND ALTERNATIVE WOULD BE TO USE TWO MANUALLY OPERATED MACHINES, EACH CAPABLE OF 10 000 UNITS PER DAY ASSUMING THREE-SHIFT OPERATION. HERE, A TOTAL OF SIX EMPLOYEES (2 PER SHIFT, 3 SHIFTS) WOULD BE NEEDED.

• IF LABOR COSTS (INCLUDING WAGES, BENEFITS, ETC.) ARE $40 000 PER EMPLOYEE PER YEAR, RECOMMEND WHICH ALTERNATIVE IS BEST USING THE EQUIVALENT UNIFORM ANNUAL COST METHOD

A travel agent wants to estimate the proportion of vacationers who plan to travel outside the United States in the next 12 months. A random sample of 130 vacationers revealed that 40 had plans for foreign travel in that time frame. Construct a 95% confidence interval estimate of the population proportion. Make a statement about this in context of the problem

The records of ABC Company showed the following:

The physical inventory reveals 15,000 units on hand on December 31.
Compute the cost of ending inventory and cost of sales using: