The data for the per capita demand for chicken ( pounds per household) in the United States from 1990 to 2013 is given in the table below.

475 = unique initial income number.

AVG = AVERAGE

The data suggests that the per capita demand for chicken (Qd) depends on the following factors:

Pc = Price of chicken ( $ per capita)

I = real disposable income per capita ($)

Ad = Advertising dollars per capita

Pj = price of juice – ( a related product) per capita ($)

Using regression analysis, the attached data and a linear functional form, estimate the demand for CHICKEN.

Include the computation and explanation of the following in your report:

1. Write your regression equation i.e. demand function
2. Enter data provided into excel or statplus as per instructions attached and run your regression / derive your coefficient estimates. Interpret all the coefficients in % ( .i.e if PC = - 0.06768, interpret as: - 6.77%
3. Use the average values for the independent variables and your estimated demand function, compute the demand for CHICKEN in a typical market.
4. Define and interpret the standard error of the estimate AND estimate the range within which actual demand for Chicken is expected to fall with a 95% confidence level.
5. Define the coefficient of determination (R-squared). What percentage of demand variation is explained by this model?
6. Define and explain the usefulness of the F-Statistics
7. Are the coefficient’s statistically significant? i.e. does each of the independent variables have a significant effect on the dependent variable? Explain using t-stats.
8. Calculate and interpret the point price, cross price, point advertising and point income elasticity of demand for CHICKEN.

You are appointed as a transport manager for the oil and gas company in United Arab Emirates. Your company has witnessed many hazmat incidents in different transportation operations over the last two years. Your key role as the new transport manager is to minimize the number of incidents. Discuss the ten measures or strategies that you will take to ensure the safe transport of these hazardous materials and minimize the number of incidents. word limit 450-500

As a result of improvements in product engineering, United Automation is able to sell one of its two milling machines. Both machines perform the same function but differ in age. The newer machine could be sold today for $56,000. Its operating costs are $20,800 a year, but in five years the machine will require a $19,600 overhaul. Thereafter operating costs will be $30,400 until the machine is finally sold in year 10 for $5,600.

The older machine could be sold today for $25,400. If it is kept, it will need an immediate $22,000 overhaul. Thereafter operating costs will be $31,900 a year until the machine is finally sold in year 5 for $5,600.   

Both machines are fully depreciated for tax purposes. The company pays tax at 35%. Cash flows have been forecasted in real terms. The real cost of capital is 8%.

a. Calculate the equivalent annual costs for selling the new machine and for selling the old machine. (Do not round intermediate calculations. Enter your answers as a positive value rounded to 2 decimal places.)

As a result of improvements in product engineering, United Automation is able to sell one of its two milling machines. Both machines perform the same function but differ in age. The newer machine could be sold today for $56,000. Its operating costs are $20,800 a year, but in five years the machine will require a $19,600 overhaul. Thereafter operating costs will be $30,400 until the machine is finally sold in year 10 for $5,600.

The older machine could be sold today for $25,400. If it is kept, it will need an immediate $22,000 overhaul. Thereafter operating costs will be $31,900 a year until the machine is finally sold in year 5 for $5,600.   

Both machines are fully depreciated for tax purposes. The company pays tax at 35%. Cash flows have been forecasted in real terms. The real cost of capital is 8%.

a. Calculate the equivalent annual costs for selling the new machine and for selling the old machine. (Do not round intermediate calculations. Enter your answers as a positive value rounded to 2 decimal places.)

You are working for a company that has, to date, only operated in the United States.You have just been told that your company is now acquiring another company in Germany.

Describe your strategy on bringing your organization into compliance with the provisions under the GDPR. Be sure to include administrative controls as well as technology suggestions

As a result of improvements in product engineering, United Automation is able to sell one of its two milling machines. Both machines perform the same function but differ in age. The newer machine could be sold today for $77,000. Its operating costs are $23,600 a year, but in five years the machine will require a $18,200 overhaul. Thereafter operating costs will be $31,800 until the machine is finally sold in year 10 for $7,700.

The older machine could be sold today for $26,800. If it is kept, it will need an immediate $29,000 overhaul. Thereafter operating costs will be $38,000 a year until the machine is finally sold in year 5 for $7,700.   

Both machines are fully depreciated for tax purposes. The company pays tax at 35%. Cash flows have been forecasted in real terms. The real cost of capital is 10%.

a. Calculate the equivalent annual costs for selling the new machine and for selling the old machine. (Do not round intermediate calculations. Enter your answers as a positive value rounded to 2 decimal places.)

b. Which machine should United Automation sell?

wATER IS THE LIFEbLOOd OF THE EARTH, but by 2025, according to the United Nations, two-thirds of the world’s population could face chronic shortages of water. In fact, some countries are already importing huge supertank- ers of freshwater from other countries. But one place that’s definitely not short of water is the state of Michigan, which has 11,000 lakes and is surrounded by Lakes Michigan, Huron, Superior, and Erie. So it came as a surprise to some. that the Nestle? company’s new Ice Mountain bottled-water plant in Mecosta County, Michigan, dredged up so much con- troversy when it began pumping water from a local spring.81 Nestle?’s willingness to invest $100 million to build a new 410,000-square-foot bottling plant in Mecosta reflects the fact that bottled water is big business, with annual sales of $6 billion (up 35 percent since 1997). Many county residents, in fact, are thrilled about Nestle?’s being there. The Ice Mountain plant employs about a hundred people at $12 to $23 per hour, significantly more than many local jobs pay. And the company shells out hundreds of thousands of dollars in local taxes. Township supervisor Maxine McClellan says, “This is probably the best project we’ve ever brought into Mecosta County.” She adds that she wants “a diversi- fied economy where our kids don’t have to move away to find jobs.” The problem, as some local residents see it, is that Nestle? has also built a 12-mile stainless steel pipeline from the plant to Sanctuary Spring, which sits on an 850-acre private deer-hunting ranch and is part of the headwaters of the Little Muskegon River, which flows into the Muskegon and then into Lake Michigan. The company started pumping 130 gallons of water every minute from the spring, with plans to increase that to 400 gallons per minute, or about 262 million gallons a year. But whose water is Nestle? pumping? That’s the question being asked by Michigan Citizens for Water Conservation (MCWC), a local Mecosta group that has filed suit contesting Nestle?’s right to the spring’s waters. Although the company has a ninety-nine-year lease on the land, MCWC contends that the water itself is a public resource. As Jim Olson, MCWC’s lawyer, explains it, under the doctrine of “reasonable use” the owners of a stream can use its water for drinking, boating, swimming, or anything else “as long as it’s in connection with their land.” But, he argues, “this does not include the right to transport water to some distant land for [some other] use. We’re arguing that the same is true with groundwater—you can’t sever it from the estate.” Michigan State Senator Ken Sikkema, who chaired a task force on Michigan water issues, rejects that argument: “A farmer pumps water out of the ground, waters potatoes, and sends the potatoes to Illinois—there’s no real differ- ence. The water in those potatoes is gone.” This reasoning hasn’t assuaged the fears of three American Indian tribes who have joined the fray. Citing an 1836 treaty that protects their fishing and hunting rights in the Great Lakes region, they have brought a federal lawsuit against Nestle? and the state of Michigan to stop what they see as a massive water grab. “Our fear,” says a spokesperson for the Little Traverse Bay Bands of Odawa Indians, “is that the export could significantly and permanently damage the fishery.” However, David K. Ladd, head of the Office of Great Lakes, argues that bottled water is a special case. Legally, he contends, it’s a “food,” regulated by the Food and Drug Administration. “There’s no difference between Perrier bottling water, Gerber making baby food, or Miller brewing beer. When you incorporate water from the basin into a product, it’s no longer water per se.” And Brendan O’Rourke, an Ice Mountain plant manager, adds that the 262 million gallons it wants to pump are less than 1 percent of the annual recharge rate of the local watershed, equivalent to just 14 minutes of evapora- tion from the surface of Lake Michigan. For their part, scientists opposed to the project argue that Nestle?’s pumping has already lowered the local water table and that northern pike are having trouble spawning in a stream fed by Sanctuary Spring. Jim Olson argues that the Ice Mountain plant should reduce its water consumption to 100 gallons per minute or less, not increase it to 400 gallons. “Every gallon removed is needed for the stream to sustain itself,” he states. “The right to withdraw groundwater does not include the right to diminish . . . existing or future uses.” To the surprise of many, Michigan state court judge Lawrence Root bought that argument and upheld the MCWC’s lawsuit. Ruling that the environment is at risk no matter how much water Nestle? draws out, he ordered the pumps turned off. Two years later, an appellate court reversed Judge Root’s deci- sion, and MCWC and Nestle? subsequently entered an agree- ment limiting Nestle?’s withdrawals from Sanctuary Spring to 250 gallons per minute—although there has been some legal skirmishing between the two antagonists since then. In the meantime, however, the political tide has turned against Nestle?. Small towns in Maine and California have opposed its building new bottled water plants in their jurisdictions; Congress has held hearings into the diversion of groundwater by bottled water companies and other businesses; and Michigan has passed.legislation that, among other things, makes it virtually impos- sible for operations such as the Ice Mountain plant to remove more than 100,000 gallons of groundwater per day

Assess this case from the perspective of the utilitarian, libertarian, and Rawlsian theories of justice. How would each address the case? Which theory’s approach do you find the most helpful or illuminating

Description:

United Bank is looking at computerizing their banking system. The users of the system will interact with it like customers use an ATM. A part of their software requirement is given below. You are required to do additional self-study on how ATM machines function and create a design for managing it.

Requirements: The system allows the creation of new accounts, authenticate account holders, and also manage credits and debits. Money can be deposited or withdrawn from an account provided the account holder gives proper authentication. When an account is opened, the details of account holders are recorded in the system’s files which includes their names, unique ids, address, account type, and phone numbers. An account can be owned by a maximum of two individuals (joint accounts). The system stores a secret alphanumeric key for each account. When the user transacts with the bank, this secret key is first required before any other transaction. Once the key is entered and verified the details of the account holder with current balance is displayed. A maximum of three attempts are allowed for entering the secret key, after which a relevant message is shown, and the user must exit the system. Uni Bank provides three types of accounts: Checking Account, Saving Account, and Business Account. A checking account provides interest rates of 3% per annum. A maximum of AED 5000 can be withdrawn in one day and there must always be a balance of AED 100 in the account. For the saving account the interest rate is 7% per annum. Only a maximum of AED 2000 can be withdrawn in one day and there must always be a balance of AED 1000 in the account. For a business account, additional information is required like business name, business registration number, and business owner name. The interest rate is 3% per annum. Only a maximum of AED 10000 can be withdrawn in one day and there must always be a balance of AED 2000 in the account.

Submission:

• Submit a report that has the following:
  • A paraphrased description of the system based on the requirements given above and a self-study of the system.
  • A list of all classes (related attributes and behaviors), relationships between classes, and assumptions made.
  • UML class diagram with all class relationships included.
  • Python code that represent classes, which includes the constructor, setter/getter, and other functions for the given requirements.
  • 5% of the total score will be allocated for good documentation of the code and timely submission

United Air has a 7.5% coupon 30 year bond (par value = 1,000). Assume that coupon payments are semi-annual and that the current price is $1040.60. What is the yield-to-maturity of this bond? Be sure to report on an annualized basis and as a raw number - i.e. if your answer is 6.5%, input as 6.5.

If their is a temporary increase in the money supply of a home country (US), please graph (in order to show how the variables change) the following:

As an Example, lets use the US dollar and the Euro

Nominal money supply, price level, real money supply, United States’s interest rate, and the exchange rate