Exercise 12-5 Volume Trade-Off Decisions [LO12-5]

Outdoor Luggage, Inc., makes high-end hard-sided luggage for sports equipment. Data concerning three of the company’s most popular models appear below.

Required:

1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product?

2. Which product offers the most profitable use of the plastic injection molding machine?

3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product?

4. Which product offers the most profitable use of the plastic pellets?

5. Which product has the largest contribution margin per unit?

1. If we assume that the total time available on the plastic injection molding machine is the constraint in the production process, how much contribution margin per minute of the constrained resource is earned by each product?

2.

Which product offers the most profitable use of the plastic injection molding machine?

SKI/GOLF/FISHING?

3. If we assume that a severe shortage of plastic pellets has required the company to cut back its production so much that its new constraint has become the total available pounds of plastic pellets, how much contribution margin per pound of the constrained resource is earned by each product? (Round your final answers to 2 decimal places.)

4. Which product offers the most profitable use of the plastic pellets?

SKI/GOLF/FISHING

5.

Which product has the largest contribution margin per unit?

SKI/GOLF/FISHING

Abstract #2:

Online Activities for Enhancing Sex Education Curricula: Preliminary Evidence on the Effectiveness of the Abstinence and Contraception Education Storehouse.

Raghupathy, Shobana; Klein, Charles; Card, Josefina

Sociometrics Corporation , Los Altos , California , USA
Portland State University , Portland , Oregon , USA

Journal of HIV/AIDS & Social Services (J HIV AIDS SOC SERV), 2013 Apr-Jun; 12 (2): 160-71

The purpose of this research was to conduct a preliminary evaluation of the Abstinence and Contraception Education Storehouse (ACES), a digital, classroom-based resource designed to supplement existing sex education curricula with highly interactive materials such as video clips, multimedia polls and quizzes, and audiovisual demonstrations. Three hundred thirty-five students aged 14 to 19 were randomly assigned to an ACES-based (treatment) or a standard (control)sex education curriculum. Data were collected at the onset of the intervention and 3 months after the completion of the intervention. Preliminary results were highly encouraging, with ACES participants who were sexually initiated at baseline reporting (at the 3-month follow-up) significant reductions in the number of times they had sex in the past 4 weeks. Both sexually initiated and non–sexually initiated youth who experienced the ACES curriculum also demonstrated greater intent to abstain from the sex during the follow-up period than did those in the control group.

1. What are the independent variable(s) in this study?

2. What are the dependent variables in this study?

3. What type of research approach was used in the study?

        Is it quantitative and qualitative, Why?

4. Is the study prospective or retrospective in nature? Why?

5. Is the study experimental or non-experimental in design? Why? What type of research is this study?

Instructions: Write your responses to the following 5 questions for at least 5 of the 7 example news stories about correlational studies:

1. Identify X and describe how it is being measured
2. Identify Y and describe how it is being measured
3. State the direction of the correlation (+ or –)
4. Identify a possible Z (third) variable
5. Fully interpret the relationship between X and Y (in plain English)

Example 5: Internet use in class leads to lower test scores  

Collect and identify customer needs for international students in any university.

This question is related to product development, so please answer according to that aspect.

Find a topic of social responsibility that is of interest to today’s university students. Write up a plan of how you’d prepare a proposal to deal with the topic.

New sources of competitive advantage Lee, K. & Carter, S., (2012), Global Marketing Management, 3rd edition, Oxford University Press

• Using the concepts of systems theory, describe the subsystems in a college or university and how these subsystems are both components of the whole and dependent on each other's subsystems.

1. The greenwood hotel invested a single amount of 100,000 at 8% for 10 years. Assume annual compounding. A. How much interest will be earned over the first five years? B. How much interest will be earned over the last five years? C. What will be the total amount of the investment after 10 years?

I. General Description In this assignment, you will create a Java program to read undergraduate and graduate students from an input file, and write them in reverse order to an output file. 1. The input file name and the output file name are passed in as the first and second arguments at command line, respectively. For example, assume your package name is FuAssign5 and your main class name is FuAssignment5, and your executable files are in “C:\Users\2734848\eclipse-workspace\CIS 265 Assignments\bin”. The following command line will read from a local file “students.txt” and write to a local file “students_reversed.txt”: C:\Users\2734848\eclipse-workspace\CIS 265 Assignments\bin > java FuAssign5.FuAssignment5 students.txt students_reversed.txt 2. You need to specify the command line arguments if you use jGrasp or Eclipes. I will show you on jGrasp on Wed. during the lab. 3. The parameter String[] args in the main method contains the command line arguments, where args[0] contains the first argument. For example, in the previous command, args[0] contains students.txt, and args[1] contains students_reversed.txt. 4. If the program is run with incorrect number of arguments, your program must print an error message and exit. The error message must show correct format to run your program, e.g., “Usage: FuAssign5.FuAssignment5 input_file output_file” where FuAssign5 is the package and FuAssignment5 is the main class. 5. Each line in the input file represents a student. There are 5 fields in each line: name, id, gpa, “graduate” or “undergraduate”, isTransfer (for undergraduate) or college (for graduate). The fields are separated by comma, “,”. For example, the input file students.txt file may contain: Michelle Chang,200224,3.3,graduate,Cleveland State University Tayer Smoke,249843,2.4,undergraduate,false David Jones,265334,2.7,undergraduate,true Abby Wasch,294830,3.6,graduate,West Virginia 6. The program will read the lines and create undergraduate students or graduate students accordingly. The students are added to an ArrayList. 7. The program then writes the list of students in reserve order to the output file. 8. Given the previous input file students.txt, the output file, students_reserved.txt, will be: Abby Wasch,294830,3.6,graduate,West Virginia David Jones,265334,2.7,undergraduate,true Tayer Smoke,249843,2.4,undergraduate,false Michelle Chang,200224,3.3,graduate,Cleveland State University II. Implementation Requirements The program must implement a main class and three student classes (Student, UndergradStudent, GradStudent). • You may reuse the code from previous assignments. 2 • However, the Student class must be declared as an abstract class now. It must also have an overloaded printStudent(PrintWriter output) method. The method will write student’s information to the output file using the PrintWriter output. • Accordingly, the UnderGradStudent and GradStudent classes must also have an overloaded printStudent(PrintWriter output) method. They must use the superclass’ method to write student’s information. The UnderGradStudent’s printStudent(PrintWriter output) writes “undergraduate” and isTransfer after that. The GradStudent’s printStudent(PrintWriter output) writes “graduate” and college after that. • The UML class diagram should be as follows. • All classes must be in the same package. The package name must start with your last name. For example, if your last name is “Trump”, your package name must start with “Trump” such as “TrumpCIS265AS3”, “TrumpAS3”, etc. • You main class file name must start with your last name. For example, if your last name is “Fu”, your main class file name must start with “Fu” such as FuAssignment5.java. • Since I/O exceptions are checked exceptions, your program must handle exceptions. You may use the try/catch or throw IOException. To throw exceptions, you declare it as: public static void main(String[] args) throws IOException { • You must create an ArrayList of Students in the main class: import java.util.ArrayList; ArrayList students = new ArrayList<>(); The ArrayList students will store all Student objects created, both undergraduate students and graduate students. • The Student class must have a constructor that takes a name, an id, and a gpa, to create a Student object. • The UndergradStudent class must have a constructor that takes a name, an id, a gpa, and a transfer status to create an UndergradStudent object. The constructor must call the Student’s constructor using super. • The GradStudent class should must a constructor that takes a name, an id, a gpa, and a college to create a GradStudent object. The constructor must call the Student’s constructor using super. Student -name: String -id: int -gpa: float +Student() +Student(name,id,gpa) +pringStudent():void +getID():int +printStudent(PrintWriter output):void UndegradStudent -boolean: isTransfer +UndergradStudent(name,id,gpa,isTransfer) +pringStudent():void +printStudent(PrintWriter output):void GradStudent -college:String +GradStudent(name,id,gpa,college) +pringStudent():void +printStudent(PrintWriter output):void 3 • The Student class must have a public method printStudent(PrintWriter output) that writes the student’s name, id, and gpa to the PrintWriter output. • The UndergradStudent class must override the printStudent(PrintWriter output) method. It must write the student’s name, id, gpa, and transfer status to the PrintWriter output. It should call the Student’s printStudent(PrintWriter output) to write student’s name, id, and gpa. • The gradStudent class must override the printStudent(PrintWriter output) method. It must write the student’s name, id, gpa, and college to the PrintWriter output. It should call the Student’s printStudent(PrintWriter output) to write student’s name, id, and gpa. • Your program must use dynamic binding to invoke the correction printStudent(PrintWriter output) method. • Your program must close both input and output files after they are done. • You can assume that input file has the correct format. You will earn bonus points for handling incorrect input formats. III. Submission This is an individual assignment. Each student needs to submit the source code files of the Java program on Blackboard. 1. Put all you Java files in a folder. Please name the folder after your package name, for example, FuAssign5. Compress the folder into a .zip file and submit the .zip file. 2. You need to only submit the source code, i.e., the Java files. 3. You may submit multiple time. Your most recent submission before the deadline will be graded. IV. Grading 1. A program that does not run will receive 0 point. 2. There is a 10-20 points deduction for each major error, e.g., missing a student in the output. 3. There is a 1-9 points deduction for each minor error, e.g., a spelling error in printed message. 4. A program that does not follow the guidelines will lose 1-10 points. 5. Any type of cheating is not tolerated. You may be asked to explain your program in person. V. Bonus features (optional) If a line in the input file has incorrect format, your program will print an error message with the line, skip the line and continue. The following are possible formatting errors your program can handle: 1. (2 points) if the line does not have 5 fields; 2. (2 points) if the id is not an integer; 3. (2 points) if the gpa is not a float; 4. (2 points) if the 4th field is not “undergraduate” or “graduate”; 5. (2 points) if the 5th field for an undergraduate student is not true or false. For example, for the following lines in the input file, Sam Jackson,215.22,3.9,graduate,Ohio State University Sam Jackson,215443,22af,graduate,Ohio State University Sam Jackson,215443,3.9,graduate Sam Jackson,215443,3.9,graduate,Ohio State University,cleavland Sam Jackson,215443,3.9,nondegree,Ohio State University Lady Gaga,230940,3.1,undergraduate,unknown 4 You program will print : Invalid input: Sam Jackson,215.22,3.9,graduate,Ohio State University Invalid input: Sam Jackson,215443,22af,graduate,Ohio State University Invalid input: Sam Jackson,215443,3.9,graduate Invalid input: Sam Jackson,215443,3.9,graduate,Ohio State University,cleavland Invalid input: Sam Jackson,215443,3.9,nondegree,Ohio State University Invalid input: Lady Gaga,230940,3.1,undergraduate,unknown The incorrect lines will be ignored and not written to the output file. The corrected formatted lines should be