You work for a small advertising agency in Greengrass, N.Y. The
agency’s principal
advertising clients are automobile dealers and automobile repair
shops. The agency has a good
record of placing advertisements for its clients in both real-space
and on the internet.
Last week, you were considering buying a used car, and you found a
web-site called
“CarValues.com.” The web site contains a database of information
about used vehicles on the
market. The (searchable) database contains dealer-written factual
descriptions of the make,
model, color and condition of the vehicle; the number of miles on
the vehicle; how long the
vehicle has been on the market; and the price history of the
vehicle (what it was originally
offered for, and any subsequent price reductions).
The web site was very helpful to you as a consumer. The data base
also contained
information about past used-car sales in the area for the prior 6
months. The formatting on
CarValues.com was not good, and the interface was not
user-friendly. You are confident the
developers who work for your company would have created a more
user-friendly website.
When you got to work on Monday, a light bulb went on in your head.
Why don’t we
create a car-selling website for our advertising clients? They
would love it. All we need is a
database to start with. And one is available – right there on the
internet, at CarValues.com. So,
you go back and check. There was no Terms of Use Agreement!!! Their
data is right there for the
taking. Once we have the data, our company can update the
information on our own going
forward without having to copy it from CarValues. But being able to
use the CarValues
information would help us get started right away.
Your technician says he can capture all the existing data in
minutes. Then your
organization can do the updating going forward as new cars come on
the market and existing
ones are sold.
You mention your idea to, Carla Speil, the head of the agency at
lunch. She is intrigued.
But is it legal? What are the potential consequences if
CarValues.com finds out? ...She sees the
rewards.... But what are the risks? “Should we do it?,” she asks.
Unusual for an advertising
executive, she seemed concerned about the ethics.
Write a one-page memo, Ms. Speil says, answering her questions.
In: Accounting
| Your answer is incorrect. Try again. | |
Lon Timur is an accounting major at a midwestern state university located approximately 60 miles from a major city. Many of the students attending the university are from the metropolitan area and visit their homes regularly on the weekends. Lon, an entrepreneur at heart, realizes that few good commuting alternatives are available for students doing weekend travel. He believes that a weekend commuting service could be organized and run profitably from several suburban and downtown shopping mall locations. Lon has gathered the following investment information.
| 1. | Five used vans would cost a total of $74,235 to purchase and would have a 3-year useful life with negligible salvage value. Lon plans to use straight-line depreciation. | ||
| 2. | Ten drivers would have to be employed at a total payroll expense of $48,100. | ||
| 3. | Other annual out-of-pocket expenses associated with running the commuter service would include Gasoline $16,100, Maintenance $3,400, Repairs $4,000, Insurance $3,700, and Advertising $2,400. | ||
| 4. | Lon has visited several financial institutions to discuss funding. The best interest rate he has been able to negotiate is 15%. Use this rate for cost of capital. | ||
| 5. | Lon expects each van to make ten round trips weekly and carry an average of six students each trip. The service is expected to operate 30 weeks each year, and each student will be charged $12 for a round-trip ticket. |
Click here to view PV table.
(a)
Determine the annual (1) net income and (2) net annual cash flows
for the commuter service. (Round answers to 0 decimal
places, e.g. 125.)
| Net income | $ | ||
| Net annual cash flows | $ |
(b)
Compute (1) the cash payback period and (2) the annual rate of
return. (Round answers to 2 decimal places, e.g.
10.50.)
| Cash payback period | years | ||
| Annual rate of return | % |
(c)
Compute the net present value of the commuter service.
(Round answer to 0 decimal places, e.g. 125. If the net
present value is negative, use either a negative sign preceding the
number eg -45 or parentheses eg (45). For
calculation purposes, use 5 decimal places as displayed in the
factor table provided.)
| Net present value |
In: Accounting
1. Mean entry-level salaries for college graduates with
mechanical engineering degrees and electrical engineering degrees
are believed to be approximately the same. A recruiting office
thinks that the mean mechanical engineering salary is actually
lower than the mean electrical engineering salary. The recruiting
office randomly surveys 44 entry level mechanical engineers and 58
entry level electrical engineers. Their mean salaries were $46,300
and $46,900, respectively. Their standard deviations were $3420 and
$4230, respectively. Conduct a hypothesis test at the 5% level to
determine if you agree that the mean entry- level mechanical
engineering salary is lower than the mean entry-level electrical
engineering salary. Let the subscript m = mechanical and
e = electrical.
NOTE: If you are using a Student's t-distribution for the
problem, including for paired data, you may assume that the
underlying population is normally distributed. (In general, you
must first prove that assumption, though.)
Part (d)State the distribution to use for the test. (Enter your answer in the form z or tdf where df is the degrees of freedom. Round your answer to two decimal places.)
Part (f)What is the p-value? (Round your answer to four decimal places.)
2.Some manufacturers claim that non-hybrid sedan cars have a lower mean miles-per-gallon (mpg) than hybrid ones. Suppose that consumers test 21 hybrid sedans and get a mean of 31 mpg with a standard deviation of 7 mpg. Thirty-one non-hybrid sedans get a mean of 20 mpg with a standard deviation of three mpg. Suppose that the population standard deviations are known to be six and three, respectively. Conduct a hypothesis test at the 5% level to evaluate the manufacturers claim.
Part (d)State the distribution to use for the test. (Round your answers to two decimal places.)
Part (e)What is the test statistic? (If using the z distribution round your answer to two decimal places, and if using the t distribution round your answer to three decimal places.)
Part (f)What is the p-value? (Round your answer to four decimal places.)
NOTE: If you are using a Student's t-distribution for the
problem, including for paired data, you may assume that the
underlying population is normally distributed. (In general, you
must first prove that assumption, though.)
In: Statistics and Probability
please don't answer unless you can do all parts, circle answer and show work please part
1)
A 13 foot ladder is leaning against a wall. If the top slips down the wall at a rate of 3 ft/s, how fast will the foot be moving away from the wall when the top is 9 feet above the ground? The foot will be moving at ft/s. 2.87 (I got this but its wrong)
part 2)
Oil spilled from a ruptured tanker spreads in a circle whose area increases at a constant rate of 6 mi2/hrmi2/hr. How rapidly is radius of the spill increasing when the area is 10 mi2mi2? The radius is increasing at 9.38 (This is my answer I got and its incorrect) mi/hr.
part 3)
At noon, ship A is 40 nautical miles due west of ship B. Ship A is sailing west at 18 knots and ship B is sailing north at 15 knots. How fast (in knots) is the distance between the ships changing at 6 PM? The distance is changing at 12.17 (Again my answer but its incorrect) knots. (Note: 1 knot is a speed of 1 nautical mile per hour.)
part 4)
A spherical balloon is inflated so that its volume is increasing at the rate of 3.8 ft3/minft3/min. How rapidly is the diameter of the balloon increasing when the diameter is 1.8 feet? The diameter is increasing at 1.8 (My answer but its incorrect) ft/min.
part 5)
A street light is at the top of a 18 ft tall pole. A woman 6 ft tall walks away from the pole with a speed of 6 ft/sec along a straight path. How fast is the tip of her shadow moving along the ground when she is 40 ft from the base of the pole?
ft/sec
How fast is the length of her shadow increasing?
ft/sec
part 6)
Suppose that for a company manufacturing calculators, the cost, and revenue equations are given by
C=70000+40x,R=400−x^2/30
where the production output in one week is x calculators. If the production rate is increasing at a rate of 500 calculators per week when the production output is 6000 calculators, find each of the following:
Rate of change in cost =
Rate of change in revenue =
Rate of change in profit =
In: Advanced Math
Please include comments on what you are doing.
Using linked lists, write a Python program that performs the following tasks:
If you use the Node and Linked List class definitions from the zyBook, please make sure you cite this reference in your comments.(dont use if not needed but if you need to use this I will reference them myself)
college.csv file sample
| Alabama A & M University | AL |
| University of Alabama at Birmingham | AL |
| Amridge University | AL |
| University of Alabama in Huntsville | AL |
| Alabama State University | AL |
| The University of Alabama | AL |
| Central Alabama Community College | AL |
| Athens State University | AL |
| Auburn University at Montgomery | AL |
| Auburn University | AL |
| Birmingham Southern College | AL |
| Chattahoochee Valley Community College | AL |
| Concordia College Alabama | AL |
| South University-Montgomery | AL |
| Enterprise State Community College | AL |
| Coastal Alabama Community College | AL |
| Faulkner University | AL |
| Gadsden State Community College | AL |
| New Beginning College of Cosmetology | AL |
| George C Wallace Community College-Dothan | AL |
| George C Wallace State Community College-Hanceville | AL |
| George C Wallace State Community College-Selma | AL |
| Herzing University-Birmingham | AL |
| Huntingdon College | AL |
| Heritage Christian University | AL |
| J. F. Drake State Community and Technical College | AL |
| J F Ingram State Technical College | AL |
| Jacksonville State University | AL |
| Jefferson Davis Community College | AL |
| Jefferson State Community College | AL |
| John C Calhoun State Community College | AL |
| Judson College | AL |
| Lawson State Community College-Birmingham Campus | AL |
| University of West Alabama | AL |
| Lurleen B Wallace Community College | AL |
| Marion Military Institute | AL |
| Miles College | AL |
| University of Mobile | AL |
| University of Montevallo | AL |
In: Computer Science
THE BOLDED LETTER AND NUMBER IS THE GIVEN ANSWER. ONE OF THE BOLDED ANSWERS ARE INCORRECT, WHICH ONE IS INCORRECT AND WHAT IS THE CORRECT ANSWER?
Your company manufactures hot water heaters. The life spans of your product are known to be normally distributed with a mean of 13 years and a standard deviation of 1.5 years. You want to set the warranty on your product so that you do not have to replace more than 5% of the hot water heaters that you sell. How many years should you claim on your warranty?
|
a. |
13.09 |
|
|
b. |
10.53 |
|
|
c. |
12.91 |
|
|
d. |
15.47 |
|
|
e. |
22.88 |
In a highway construction zone with a posted speed limit of 40 miles per hour, the speeds of all vehicles are normally distributed with a mean of 46 mph and a standard deviation of 3 mph. Find the probability that the speed of a random car traveling through this construction zone is more than 45 mph.
|
a. |
0.6306 |
|
|
b. |
0.1258 |
|
|
c. |
0.4172 |
|
|
d. |
0.3694 |
|
|
e. |
0.5828 |
The delivery times for all food orders at a fast-food restaurant during the lunch hour are normally distributed with a mean of 6.7 minutes and a standard deviation of 2.1 minutes. Find the probability that the delivery time for a random order at this restaurant is between 7 and 8 minutes.
|
a. |
0.7851 |
|
|
b. |
0.8247 |
|
|
c. |
0.2150 |
|
|
d. |
0.1880 |
|
|
e. |
0.1753 |
The average number of pounds of red meat a person consumes each year is 196 with a standard deviation of 22 pounds (Source: American Dietetic Association). This distribution is approximately bell-shaped and symmetric. If an individual is randomly selected, find the probability that the number of pounds of red meat they consume each year will be less than 200 pounds.
|
a. |
0.0721 |
|
|
b. |
0.4279 |
|
|
c. |
0.0014 |
|
|
d. |
0.9986 |
|
|
e. |
0.5721 |
The pucks used by the National Hockey League for ice hockey must weigh between 5.5 and 6.0 ounces. Suppose the weights of pucks produced at a factory are normally distributed with a mean of 5.75 ounces and a standard deviation of 0.11 ounces. What percentage of pucks produced at this factory cannot be used by the National Hockey League?
|
a. |
0.3321 |
|
|
b. |
0.6679 |
|
|
c. |
0.0230 |
|
|
d. |
0.9770 |
|
|
e. |
0.2741 |
|
a. |
71.36 |
|
|
b. |
0.66 |
|
|
c. |
-0.66 |
|
|
d. |
1.36 |
|
|
e. |
-1.36 |
In: Statistics and Probability
Why do I keep getting the error "More columns than column names" when trying to import the following data into R Studio?:
PRICE YEARSOLD MILES
COLOR TITLESTATUS
TRANSMISSION
4500 11 170000
SILVER CLEAN MANUAL
34590 1 2000 SILVER
CLEAN AUTOMATIC
4500 14 203000
SILVER CLEAN AUTOMATIC
11990 6 53337 GRAY
CLEAN AUTOMATIC
10490 8 36543 RED
CLEAN AUTOMATIC
2800 19 208000
SILVER CLEAN MANUAL
1200 19 244000
SILVER CLEAN AUTOMATIC
2500 19 208000
BROWN CLEAN AUTOMATIC
2000 15 190000
GREEN CLEAN AUTOMATIC
39990 3 31252 RED
CLEAN AUTOMATIC
16590 3 31644 BLUE
CLEAN AUTOMATIC
9300 2 65000 WHITE
SALVAGE AUTOMATIC
1800 17 190000
BLACK CLEAN AUTOMATIC
16900 49 27000
GREEN CLEAN MANUAL
14900 62 1000 GREEN
CLEAN MANUAL
16900 38 91000
BROWN CLEAN MANUAL
15900 40 106229
SILVER CLEAN AUTOMATIC
15900 46 20000 GRAY
CLEAN MANUAL
29900 19 47000
WHITE CLEAN MANUAL
9900 59 4200 GREEN
CLEAN MANUAL
14900 13 98843
BLACK CLEAN AUTOMATIC
13900 44 82000
GREEN CLEAN MANUAL
32900 29 134800
WHITE CLEAN MANUAL
21721 7 100071
BLACK CLEAN AUTOMATIC
19900 54 5000 BLUE
CLEAN AUTOMATIC
18900 44 78149
BROWN CLEAN MANUAL
35900 26 105000
GRAY CLEAN MANUAL
34162 2 26649
SILVER CLEAN AUTOMATIC
12967 3 20083 WHITE
CLEAN AUTOMATIC
29900 26 134000
WHITE CLEAN MANUAL
11900 68 33000
GREEN CLEAN MANUAL
19174 2 21780
SILVER CLEAN AUTOMATIC
16429 3 25690 BLACK
CLEAN AUTOMATIC
53095 2 25320 WHITE
CLEAN AUTOMATIC
27900 33 67000 BLUE
CLEAN MANUAL
16401 1 32756 BLACK
CLEAN AUTOMATIC
16900 40 30000
SILVER CLEAN MANUAL
10179 5 56000
ORANGE CLEAN AUTOMATIC
34900 42 5000 BLUE
CLEAN MANUAL
51900 57 100
BURGUNDY CLEAN MANUAL
In: Statistics and Probability
13–1. Conditions of Performance. The Caplans contract with Faithful Construction, Inc., to build a house for them for $360,000. The specifications state “all plumbing bowls and fixtures... to be Crane brand.” The Caplans leave on vacation, and during their absence, Faithful is unable to buy and install Crane plumbing fixtures. Instead, Faithful installs Kohler brand fixtures, an equivalent in the industry. On completion of the building contract, the Caplans inspect the work, discover the substitution, and refuse to accept the house, claiming Faithful has breached the conditions set forth in the specifications. Discuss fully the Caplans’ claim.
13–8. Reformation. Dr. John Holm signed a two-year employment agreement with Gateway Anesthesia Associates, PLLC. During negotiations for the agreement, Gateway’s president, Dr. Jon Nottingham, told Holm that on completion of the contract he would become a partner in the firm and that during the term he would be paid “like a partner.” The written agreement did not reflect this promise—the contract read that Holm would be paid based on “net collections” for his services and did not state that he would become a partner. Later, Gateway told Holm that it did not intend to make him a partner. Holm filed a complaint in an Arizona state court against Gateway, alleging breach. Before the trial, Holm filed a motion to reform the contract to express what he had been told. Nottingham did not dispute Holm’s account. What is the basis for the reformation of a contract? Is it appropriate in this case? Why or why not?
14–4. Express Warranties. Charity Bell bought a used Toyota Avalon from Awny Gobran of Gobran Auto Sales, Inc. The odometer showed that the car had been driven 147,000 miles. Bell asked whether it had been in any accidents. Gobran replied that it was in good condition. The parties signed a warranty disclaimer that the vehicle was sold “as is.” Problems with the car arose the same day as the purchase. Gobran made a few ineffectual attempts to repair it before refusing to do more. Meanwhile, Bell obtained a vehicle history report from Carfax, which showed that the Avalon had been damaged in an accident and that its last reported odometer reading was that the odometer reading could be false and that the car might have been in an accident? Can Gobran avoid any liability that might otherwise be imposed because Bell did not obtain the Carfax report until after she bought the car? Discuss.
In: Operations Management
Required information
[The following information applies to the questions
displayed below.]
Susan Lopez, a consultant with Deloitte & Young, has just begun
an engagement at Four Corners Airlines, which is based in Santa Fe,
New Mexico. The company has fallen on hard times of late despite
record profits for the rest of the airline industry. Management is
somewhat set in its ways and could probably use some “new blood,”
as the most recent hire to the firm’s executive team was 12 years
ago.
In Lopez’s first meeting with the team, the airline’s chief
executive officer commented that “all that mattered in this
industry were load factors—the percentage of seats sold on
scheduled flights. If load factors were adequate, everything else
would take care of itself.” Lopez noted that while this measure was
important, other, broader facets of operation were significant as
well. She asked if any of the management team had heard of the
balanced scorecard, and received dead silence as a response.
Based on her experiences with other engagements, including two that
involved airlines, Lopez was convinced that the balanced scorecard
could provide benefits in helping to solve the airline’s woes.
After a presentation about the philosophy of the balanced
scorecard, Four Corners Airlines’ management team accepted her
idea, feeling that a shift in operating philosophy was needed for
survival.
3. Identify the type of measure used to evaluate the key elements below. (Hint: There are 6 financial measurements, 6 customer-satisfaction measures, 8 internal business process measures, and 5 Learning and growth measures.)
table
Aircraft turnaround time between flights
Average age of aircraft in fleet
Average trip length (in miles)
Average wait time when calling reservations center
Cost per meal served
Earnings per share
Employee satisfaction scores
Employee training programs
Employee turnover
Enhancements to product line (new class of service)
Load factors
Market shareNet income
New unique features of frequent-flier club
Number of aircraft in fleet
Number of bags lostNumber of cities/new cities served
Number of passenger complaints
Operating expenses per seat mile
Passenger revenue per seat mile
Percentage of on-time arrivals
Percentage of on-time departures
Percentage of tickets sold through travel agents, reservation agents, and the Internet
Response time for resolving customer problems
Revenue growth
In: Accounting
Personal Skill Builder 5-3: Dealing with People Who Make Your Life Difficult: Roary—the Exploder!
I have a boss, Ralph Poore, who is the consummate Dr. Jekyll and Mr. Hyde. On some days, Poore can be the nicest and kindest person, but on others—that’s another story. Behind his back, we call him Roary because when he’s angry, he speaks at such a loud volume that anyone within miles can hear him. He shows his impatience and displeasure by exploding at the drop of a hat. He has meetings where, if someone disagrees with him or delivers bad news about what is happening at the company, he will pound his hands on the table and yell at the top of his lungs. More than once, Poore has ended the meeting with one of these tirades, either by kicking everyone else out or by leaving.
Once, Roary went into one of the salespeople’s offices to ask if he had called on a contractor as asked. When the salesperson answered that the person was not there when he called but that he had sent a fax and a copy of some new fixtures the company had just gotten in, Poore stormed out of the office, shouting obscenities.
When Poore hears bad news, it doesn’t matter whose fault it is—he blows up at whoever is there. Another time, Poore was speaking to another of my co-workers about a delivery she needed to arrange. She told Poore that Crane’s manufacturing facility was about three months behind in its production runs. We couldn’t deliver the product because Crane hadn’t produced it. Poore picked up a flower vase and threw it across the room.
Poore is always right—in his mind. If anyone disagrees with him or tells him something he doesn’t want to hear, he throws a tantrum. This man is a time bomb waiting for something to set him off. I haven’t felt his wrath, but it’s only a matter of time.
Analyze Roary’s leadership style. When might this style be appropriate? What might be some disadvantages of this style?
Based on your findings, what suggestions would you make to Karim on how to cope with Roary?
In: Operations Management