Topic: Staffing Characters: Barbara, the controller of Atex, Inc., a small manufacturing company Sam, the controller of Smith, Inc., a small manufacturing company Barbara is a controller of Atex, Inc., a small regional manufacturing company. During her four years of employment at Atex, she has worked her way up through the ranks. She has been the controller for the past year and has consistently received favorable evaluations. Barbara enjoys her work and is good at what she does. Atex, Inc., is close to finalizing a merger with Smith, Inc., a similar manufacturing company. The merger will be finalized in two weeks, on July 1. When the companies merge, various positions will be eliminated to avoid duplication of efforts in the merged company. A variety of positions will be cut, including manufacturing workers, office staff, and management positions. The decisions on personnel cuts will be announced August 1. Sam, the controller of Smith, Inc., has been with that company for less than a year. He is perceived favorably by management. The newly merged company will need only one controller, and Barbara has received unofficial confirmation that she will be the controller of the new firm and that Sam will be dismissed. Barbara has had significant responsibility for her parents during the past two years. Her father has terminal cancer, and the specialist has given him only six months to live. Her mother is emotionally distressed and needs special attention from time to time. In addition, after years of trying, Barbara has recently found out that she is pregnant. She plans to take a short maternity leave and then return to work full-time. Barbara realizes the time demands of her current and experted family and also the time demands of working as the controller of the newly merged company. She feels that she will be able to balance her personal and professional life in such a way that her job performance will not suffer. Yet, she wonders if she should make her boss aware of her responsibility to her parents and her pregnancy.

1.) What are the relevant facts of the situation?

2.) What are the ethical issues?

3.) What are the alternatives?

4.) What would you do and why?

A newspaper article reported that a computer company has unveiled a new tablet computer marketed specifically to school districts for use by students. The new tablets will have faster processors and a cheaper price point in an effort to take market share away from a competing company in public school districts. Suppose that the following data represent the percentages of students currently using the company's tablets for a sample of 18 U.S. public school districts. (Round your answers to two decimal places.)

13 20 10 19 24 16 40 27 62 18 13 20 16 22 25 22 24 17

(a) Compute the mean and median percentage of students currently using the company's tablets. mean % ___median % ___

(b) Compute the first and third quartiles (as percentages) for these data. Q1 % ___ Q3 % ____

(c) Compute the range and interquartile range (as percentages) for these data. range %____ interquartile range %____

(d) Compute the variance and standard deviation (as a percentage) for these data. variance ____standard deviation % ____

(e) Are there any outliers in these data? There____ below the lower limit and _____above the upper limit.

(f) Based on your calculated values, what can we say about the percentage of students using the company's tablets in public school districts?

a. Use of the tablets is very low for all school districts.

b.Use of the tablets is very high for all school districts.

c. Relative to the mean, there are some school districts where many more students are using the tablets.

d.Relative to the mean, there are some school districts where much fewer students are using the tablets.

e.Relative to the mean, use of the tablets is similar for all school districts.

The heights of European 13-year-old boys can be approximated by a normal model with mean μ of 64.2 inches and standard deviation σ of 2.37 inches.

Question B1. What is the probability that a randomly selected 13-year-old boy from Europe is taller than 64.9 inches? (use 4 decimal places in your answer)

Question B2. A random sample of 4 European 13-year-old boys is selected. What is the probability that the sample mean height x is greater than 64.9 inches? (use 4 decimal places in your answer)

Question B3. A random sample of 9 European 13-year-old boys is selected. What is the probability that the sample mean height x is greater than 64.9 inches? (use 4 decimal places in your answer)

Question B4. The Central Limit Theorem was needed to answer questions 1, 2, and 3 above. True or False

The heights of European 13-year-old boys can be approximated by a normal model with mean μ of 63.1 inches and standard deviation σ of 2.32 inches.

Question 1. What is the probability that a randomly selected 13-year-old boy from Europe is taller than 65.7 inches? (use 4 decimal places in your answer)

Question 2. A random sample of 4 European 13-year-old boys is selected. What is the probability that the sample mean height x is greater than 65.7 inches? (use 4 decimal places in your answer)

Question 3. A random sample of 9 European 13-year-old boys is selected. What is the probability that the sample mean height x is greater than 65.7 inches? (use 4 decimal places in your answer)

Question 4. The Central Limit Theorem was needed to answer questions 1, 2, and 3 above. True False?

The heights of European 13-year-old boys can be approximated by a normal model with mean μ of 63.6 inches and standard deviation σ of 2.5 inches.

Question 1. What is the probability that a randomly selected 13-year-old boy from Europe is taller than 65 inches?

(use 4 decimal places in your answer)

Question 2. A random sample of 4 European 13-year-old boys is selected. What is the probability that the sample mean height x is greater than 65 inches?

(use 4 decimal places in your answer)

Question 3. A random sample of 9 European 13-year-old boys is selected. What is the probability that the sample mean height x is greater than 65 inches?

(use 4 decimal places in your answer)

Question 4. The Central Limit Theorem was needed to answer questions 1, 2, and 3 above.

True or False?

Suppose that MUB is the only producer of electricity in the little town of Microeconomica. The faces a demand curve of the form: P = 210 – 4Q, where P (measured in dollars) and Q (measured in kilowatts) stand for the unit price and quantity of electricity produced, respectively. Suppose that in producing electricity for the town, MUB incurs production costs that total C(Q) = 5Q.

a. What is MUB’s marginal cost function?

b. How many kilowatts of electricity should MUB produce to maximize its profits.

c. What is the firm’s resulting optimal price?

d. At the profit-maximizing price, what is MUB’s total revenue?

e. Now suppose that because of technological issues, MUB’s marginal cost increases to $20. Calculate the new optimal quantity, price, and revenue.

Do some research and write a brief post on the general history of venture capital since the 1990s (Unique, No Handwriting, maximum 500-600 Words)

What was the business environment of enron during the late 1990s and early 2000s? And, how did this environment incentive the numerous frauds that happened during this period?