Comprehensive Insurance Company has two product lines: health insurance and auto insurance. The two product lines are served by three operating departments which are necessary for providing the two types of products: claims processing, administration, and sales. These three operating departments are supported by two departments: information technology and operations. The support provided by information technology and operations to the other departments is shown below. Support Departments Operating Departments Information Technology Operations Claims Processing Administration Sales Information technology — 20 % 20 % 40 % 20 % Operations 10 % — 10 50 30 The total costs incurred in the five departments are: Information technology $ 562,000 Operations 1,680,000 Claims processing 310,000 Administration 611,000 Sales 650,000 Total costs $ 3,813,000 Required: Determine the total costs in each of the three operating departments, after departmental allocations, using (a) the direct method, (b) the step method (first for information technology going first in the allocation and then for operations going first), and (c) the reciprocal method. (Round percentage calculations to 4 decimal places (e.g., 33.3333%). Do not round your intermediate calculations. Round your final answers to nearest whole dollar amount.)
In: Accounting
1) Currency appreciation: Consider price of beer. Let's pretend that last year a bottle of beer used to cost one dollar, but this year it costs two dollars per bottle.
a) This means beer costs twice as much as last year; or beer price has gone up by ___________%
b) One dollar buys half as much beer as last year; or dollar has fallen in value by ___________%
Note: The same idea works for relative values of currencies, i.e. appreciation of Yen against the dollar or depreciation of dollar against the Yen.
2) Do problem 1 using different data. Last year a bottle of beer used to cost $ 0.50, but this year it costs $ 0.60.
a) Beer price has gone up by _________%
b) Dollar has fallen in value by _________%
3) Find PVfor following cash flows using a discount rate of 10% per period, all periods are of the same (but unspecified) duration.
0_____1_____2_____3_____4
$10 $10 $10 $110
a) use calculator, make sure that you know the procedure.
N=____, PMT=_____, i=____, FV=_____,
PV=_____
b) use spreadsheet, make sure that you know the procedure
PV=________
c) use intuition: PV=_____because ____________________
Hint: Compare coupon rate and discount rate.
d) if we use a higher discount rate the PV will be higher/lower
In: Finance
For this assignment, implement and use the methods for a class called Seller that represents information about a salesperson.
The Seller class
Use the following class definition:
class Seller
{
public:
Seller();
Seller( const char [], const char[], const char [], double );
void print();
void setFirstName( const char [] );
void setLastName( const char [] );
void setID( const char [] );
void setSalesTotal( double );
double getSalesTotal();
private:
char firstName[20];
char lastName[30];
char ID[7];
double salesTotal;
};Data Members
The data members for the class are:
firstName holds the Seller's first name
lastName holds the Seller's last name
ID holds the Seller's id number
salesTotal holds the Seller's sales total
Constructors
This class has two constructors. The default constructor (the one that takes no arguments) should initialize the first and last names to "None", the seller ID to "ZZZ999", and the sales total to 0.
The other constructor for the class should initialize the data members using the passed in arguments. It takes 4 arguments: a character array with a Seller's first name, a character array with a Seller's last name, a character array with a Seller's id number, and a double that holds the Seller's sales total. The data members should be initialized by calling the various set methods.
Methods
void print()
This method displays the Seller information. It takes no arguments and returns nothing.
The information should be displayed as follows:
Giant, Andre BIG357 678.53
void setFirstName( const char [] )
This method changes a Seller's first name. It takes one argument: an array of characters that represents the Seller's first name. It returns nothing.
If the length of the passed in argument is greater than 0, it should be used to initialize the firstName data member. Otherwise, the firstName data member should be set to "None".
void setLastName( const char [] )
This method changes a Seller's last name. It takes one argument: an array of characters that represents the Seller's last name. It returns nothing.
If the length of the passed in argument is greater than 0, it should be used to initialize the lastName data member. Otherwise, the lastName data member should be set to "None".
void setID( const char [] )
This method changes a Seller's id number. It takes one argument: an array of characters that represents the Seller's id number. It returns nothing.
If the length of the passed in argument is greater than 0 and less than 7, it should be used to initialize the ID data member. Otherwise, the ID data member should be set to "ZZZ999".
void setSalesTotal( double )
This method changes a Seller's sales total. It takes one argument: a double that represents the Seller's sales total. It returns nothing.
If the passed in argument is greater than or equal to 0, it should be used to initialize the salesTotal data member. Otherwise, the salesTotal data member should be set to 0.
double getSalesTotal()
This method returns a Seller's sales total data member. It takes no arguments.
main()
In main(), create 5 Seller objects. They should contain the values:
The first Seller should have your name, an id of "CSI240", and a sales total of 1234.56. Note: if you're pair programming, set the first name to the first name of both you and your partner: "Jane/John" and the last name to the last name of both you and your partner: "Doe/Doe".
The second Seller should be created using the default constructor (the one that doesn't take any arguments)
The third Seller should have the first name of an empty string (""), a last name of "Robinson", an id of "TOOBIG999", and a sales total of -876.34.
The fourth Seller should have the name "Tarik Cohen", an id of "RUN29", and a sales total of 13579.11
The fifth Seller should have the name "Kyle Long", an id of "TACK75", and a sales total of 24680.24
The rest of main() will include using the various methods on each of the 5 Seller objects. Display a label similar to "The first Seller" before anything is outputted for each of the objects.
For the first Seller, display the Seller information.
For the second Seller, display the Seller information, set the Seller name to "Mitchell Trubisky", set the id number to "QB10", set the sales total to 246.80, and then display the Seller information once again.
For the third Seller, display the Seller's information, set the Seller's first name to "Allen", set the id number to "WIDE12", set the sales total to 9900000.99, and then display the Seller information once again.
For the fourth Seller, display only the Seller's sales total.
For the fifth Seller, display the Seller's information, set the first name to an empty string (""), set the last name to an empty string, set the id number to an empty string, set the sales total to -52.96, and then display the Seller information once again.
Programming Notes
Each method must have a documentation box like a function.
Hand in a copy of the source code using Blackboard.
Output
Note: The information for the first Seller object will have your name.
The First Seller Da Bear, Staley CSI240 1234.56 The Second Seller None, None ZZZ999 0.00 Trubisky, Mitchell QB10 246.80 The Third Seller Robinson, None ZZZ999 0.00 Robinson, Allen WIDE12 9900000.99 The Fourth Seller The sales total is $13579.11 The Fifth Seller Long, Kyle TACK75 24680.24 None, None ZZZ999 0.00
In: Computer Science
Two friends, Alysha and Laura, are planning for their
retirement. Both are 20 years old and plan on retiring in 40 years
with $1,000,000 each. Laura plans on making annual deposits
beginning in one year (total of 40 deposits) while Alysha plans on
waiting and then depositing twice as much as Laura deposits.
If both can earn 7.4 percent per year, how long can Alysha wait
before she has to start making her deposits? (Round
answer to 2 decimal places, e.g. 125. Do not round your
intermediate calculations.)
In: Finance
John and Jane are working on a project, and all of their project meetings are scheduled to start at 9:00. John always arrives promptly at 9:00. Jane is highly disorganized and arrives at a time that is uniformly distributed between 8:20 and 10:50. The time (measured in minutes, a real number that can take fractional values) between 8:20 and the time Jane arrives is thus a continuous, uniformly distributed random variable.
If Jane arrives before 9:00, their project meeting will last exactly 175 minutes. If Jane arrives after 9:00, their project meeting will last for a time (measured in minutes, a real number that can take fractional values, i.e., a continuous random variable) that is uniformly distributed between 0 and 175 minutes. The meeting starts at the time they meet.
What is the expected duration of any particular project meeting?
In: Statistics and Probability
An IE performed a time study on a hydraulic valve installation & test process. Each observed installation was performed by a different production worker, so the activity factor (performance rating) varied in each observation. A factor > 1.00 meant the worker was performing better than normal in their observed time (OT) (i.e, faster), while a factor < 1.00 meant the worker was performing less normal in their observed time (OT) (ie, slower). The allowance for personal delay and fatigue as was 13% for all data points. Using the data in the table, determine:
|
Observation |
Observed Time (OT) (MINUTES) |
Activity Factor/Performance Rating |
Normal Time (NT) |
Allowance for Delay/Fatigue and Enviromental factors |
Standard Time |
|
1 |
40 |
1.03 |
13% |
||
|
2 |
55 |
0.90 |
13% |
||
|
3 |
50 |
0.95 |
13% |
||
|
4 |
58 |
1.00 |
13% |
||
|
5 |
72 |
0.85 |
13% |
||
|
6 |
55 |
0.90 |
13% |
||
|
7 |
60 |
0.91 |
13% |
||
|
8 |
55 |
0.97 |
13% |
||
|
9 |
50 |
0.97 |
13% |
||
|
10 |
57 |
0.92 |
13% |
||
|
Total STD TIME |
|||||
|
# of OBSERVATIONS |
|||||
|
AVG STD TIME/VALVE |
Questions
A. What is the average standard time per valve?
B. From the time study problem above: if a worker was able to install 7 valves during an 8 hour period, what would the efficiency be?
C. From the OEE problem above, suppose an industrial engineer determined the lighting (once adequate for accurately and quickly reading print) had become too low due to the installation of new equipment that cast shadows on the ground level. In addition, the drawing formats and orientation were not standardized across the classes of ships being produced due to outsourcing efforts. By improving the lighting, standardizing the engineering drawings and re-training all workers on how to read the new drawings, the total produced parts during a similar production period was increased from 800 to 1120, while still only producing 40 defective parts. What would the new OEE value be with these improvements?
In: Statistics and Probability
Four tourists plan on taking a bus tour around Toronto. This tour allows them to hop on and off the bus at any of the 8 stops available. The available stops are the CN tower, Harbour Front, Queen’s Quay, Dundas Square, Casa Loma, Distillery District, Bata Shoe Museum and the Royal Ontario Museum.
In: Statistics and Probability
One attempt was to investigate the effect of two treatments on the formation of tartar in dogs. In addition to the two treatment groups, there was also a control group. in the trial included 26 dogs randomized to one of the three treatment groups (follow normal distribution):
1. P2O7
2. HMP
3. Control (standard feed)
the values are given:
Group 1=(P2O7) 2= (HMP) 3=(Kontrol)
ni 9 8 9
mean 0.7467 0.4375 1.0889
s^2 0.13655 0.08448 0.17854
question: Use Bartletts test to test if the variance are equal
If possible answer in R. If not by hand is also good.
In: Math
Case study 1 part 1- Neurological disorders (20 marks total) Mary-Lou is a 75-year-old widow, who lost her husband to cancer over a year ago. Her family and friends have noticed that she has been very teary, has low self-esteem and has lost interest in the things she used to love such as going to bingo with her friends and gardening. Her family initially put this down to the loss of her husband and thought it would pass with time. However, they are now getting really concerned as they have noticed that her mood is not improving still. When asked by her daughter if she is sleeping well, she says she has been drinking wine every night to help her go to sleep. It makes her feel happy and relaxed. What started as one glass a night has now increased to two or three glasses a night, and she has also started drinking during the day. Her daughter has noticed that her mum’s face always appears flushed and that she has had quite a few colds lately. Mary-Lou is also losing her balance and experiencing mood swings. Her daughter is worried that she is relying too heavily on alcohol and fears that she is starting to get short-term memory loss from the alcohol consumption. She has been forgetting things such as where she put her keys, whether she turned on the washing machine, why she opened the fridge and forgetting the topic of conversation when talking with her daughter on the phone. Mary-Lou has also been getting disorientated and getting lost when she goes out on her daily walks. A neighbor rang her daughter one day to tell her that she found Mary-Lou wandering around aimlessly, and when questioned what she was doing Mary-Lou snapped and said she was trying to get home. Her daughter decided it was time to take Mary-Lou to the local GP to work out what was going on with her. After listening to the signs and symptoms Mary-Lou was experiencing, the GP diagnosed her with depression and prescribed 50 mg of Fluoxetine/Prozac daily. Based on the results of clinical and radiological assessments, the GP determined that she had early onset Alzheimer’s disease. He prescribed a cholinesterase inhibitor and gave them information on support groups and tips on what to do from here on in. He also prescribed 10 mg of Diazepam daily to help with the withdrawals from alcohol abuse.
Question 1 Based on the clinical picture presented above, you should have identified three diseases/conditions we have covered in BIOL122. • Name two of the diseases/conditions you identified, and • List two characteristic signs or symptoms (per disease) that you noted in Mary-Lou’s history and clinical picture. • Finally, explain the pathophysiology of both diseases/conditions you named (i.e., explain the changes that cause the disease and relate the typical signs and symptoms of the disease to the clinical picture).
Question 2 Explain the mechanism of action of two drug types Mary-Lou is prescribed with and describe how these drug actions help mitigate some of her symptoms. In you answer, make references to the pathophysiology of the relevant diseases.
Question 3 a) Identify and explain two pharmacokinetic factors that are characteristic of/specific to MaryLou’s antidepressant medication. Discuss how her age impacts the pharmacokinetics of her medication. b) Explain what specific considerations need to be made in the present scenario, when two drugs are administered simultaneously.
Question 4 Based on her clinical picture and history, explain if Mary-Lou suffers from alcohol addiction. Support your answer with relevant evidence from the case study. Define physical and psychological dependence and explain if signs and symptoms of either can be observed in Mary-Lou’s case.
Case study 1 part 2- Musculoskeletal disorders (20 marks total) Mary-Lou’s family was happy with the management plan established by the doctor as Mary-Lou was progressing quite well. She was using notepads to jot down reminders, a pillbox to keep her medication organized and a calendar to record appointments. Her family members were helping her with routine tasks such as cooking and paying bills. She was feeling much happier and did not have to rely on alcohol to go to sleep. On one particular day she was feeling so good she decided to walk to her GP appointment alone. On her way there she stumbled over a branch and fell. She felt excruciating pain in her hip. A passer-by called an ambulance and she was taken to the emergency department at the Royal Melbourne hospital. An X-ray revealed that she had broken the neck of her femur and had to have surgery to repair it. Mary-Lou wondered whether this was linked to the crepitus she had been experiencing in her joints. Her joints did feel quite stiff and painful lately. The specialist explained to Mary-Lou that the crepitus was likely due to degeneration of her cartilage and said that the fracture might have been due to weakened bones. He told her he would like her to have a bone mineral density test to measure her bone density. The DEXA scan gave a T-score of -3.0. Mary-Lou is now given bisphosphonates and told to increase her daily intake of calcium.
Question 5 Discuss the pathophysiology of the condition causing the crepitus Mary-Lou is experiencing in her joints. In your answer, list at least two more signs and symptoms associated with the disease.
Question 6 Discuss how the aetiology of Mary Lou’s joint disease differs from the other joint disease we covered in BIOL122.
Question 7 Discuss why Mary-Lou’s fracture may take longer to heal than it would for someone who was half her age. In your answer, you are expected to name and discuss three physiological factors that are needed for healing to take place and explain how each of the factors you identified is affected by ageing. Finally, name two complications of hip fracture that are prevalent in the elderly. .
Question 8 Considering Mary-Lou’s T-score, identify the condition she suffers from, briefly describe the pathogenesis of this disease, and explain why bisphosphonate administration is helpful in this condition.
In: Nursing
In: Physics