Blossom, Inc., is a small company that manufactures three versions of patio tables. Unit information for its products follows:     

Blossom has determined that it can sell a limited number of each table in the upcoming year. Expected demand for each model follows:

Required:
1. Suppose that direct labor hours has been identified as the bottleneck resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3.



2. If Blossom has only 40,000 direct labor hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.)



3. Suppose that the number of machine hours has been identified as the most constrained resource. Determine how Blossom should prioritize production by rank ordering the products from 1 to 3.



4. If Blossom has only 232,000 machine hours available, calculate the number of units of each table that Blossom should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first.)

1) what does it mean if a psychological scientist runs an experiment and finds a statistically significant result? a) The likelihood of a Type I error is greater than 5% b) The likelihood that the result was due to chance is low enough to reject the null hypothesis c) The theory that the scientist was testing is proven

2) What decision must a psychological scientist make if an obtained p-value is greater than the adopted alpha? a) To accept the null hypothesis b) To reject the null hypothesis c) That there is a type I error

3) What does a psychological scientist conclude if an obtained p-value is less than the adopted alpha? a) The likelihood that the result was due to chance is too high to reject the null hypothesis b) The effect of the IV manipulation is statistically significant c) The likelihood of a type II error is greater than 5%

4) With all else being equal, what happens to the inferential stat. we calculate to determine whether 2 groups differ, as the difference between their means increases? a) the Pearson's r increases b) The t-score increase c) The variance decreases d) The sum of squares decrease

5) All else being equal, what happens to the inferential stat. we calculate to determine whether 2 groups differ, as the variance of each of the groups increases? a) The Pearson's r decreases b) The t-score decreases c) The mean increases d)The sum of squares increases

6) All else being equal, what happens to the p-value that corresponds with our inferential stat., as the difference between the means of two groups increases? a) it does not change b) It increases c) It decreases d) it approaches 1.0

PB10-1 Determining Financial Effects of Transactions Affecting Current Liabilities with Evaluation of Effects on the Debt-to-Assets Ratio [LO 10-2, LO 10-5]

Ghost, Inc., has no debt outstanding and a total market value of $185,000. Earnings before interest and taxes, EBIT, are projected to be $29,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 30 percent higher. If there is a recession, then EBIT will be 40 percent lower. The company is considering a $65,000 debt issue with an interest rate of 7 percent. The proceeds will be used to repurchase shares of stock. There are currently 7,400 shares outstanding. Ignore taxes for questions a and b. Assume the company has a market-to-book ratio of 1.0 and the stock price remains constant.

// FILE: guess.cxx
// Demostrates a guessing game function that's used as a time analysis example.

#include <cassert> // Provides assert
#include <iostream> // Provides cout and cin
#include <cstdlib> // Provides EXIT_SUCCESS
using namespace std; // Allows all Standard Library items to be used

// Prototype for the function used in this demonstration program
void guess_game(int n);
// Precondition: n > 0.
// Postcondition: The user has been asked to think of a number between 1 and n.
// The function asks a series of questions, until the number is found.

int main( )
{
guess_game(100);
return EXIT_SUCCESS;
}

void guess_game(int n)
// Library facilities used: cassert, iostream
{
int guess;
char answer;

assert(n >= 1);

cout << "Think of a whole number from 1 to " << n << "." << endl;
answer = 'N';
for (guess = n; (guess > 0) && (answer != 'Y') && (answer != 'y'); --guess)
{
cout << "Is your number " << guess << "?" << endl;
cout << "Please answer Y or N, and press return: ";
cin >> answer;
}

if ((answer == 'Y') || (answer == 'y'))
cout << "I knew it all along." << endl;
else
cout << "I think you are cheating!" << endl;
}

1) The source code must be well structured and include relevant comments like on the top lines version, date, and a brief description of what the program does.

2) . As you make changes you can add one line description of the changes and change the version # or add a version #
like version 1.0 and 1.1

3) Write a short report (not to exceed 100 words) that describes the work done, the input, and output when executing the program.

Prepare a Production Budget EcoBags manufactures cloth shopping bags. The controller is preparing a budget for the coming year and asks for your assistance. The following costs and other data apply to bag production:

Direct materials per bag

1.0 yard cotton at $4 per yard

0.2 yards canvas finish at $12 per yard

Direct labor per bag

0.5 hour at $18 per hour

Overhead per bag

Indirect labor …………………………………………… $0.60

Indirect materials ………………………………………. 0.20

Power …………………………………………………… 0.40

Equipment costs ………………………………………… 1.30

Building occupancy …………………………………….. 0.90

Total overhead per unit    $3.40

You learn that equipment costs and building occupancy are fixed and are based on a normal production of 600,000 units per year. Other overhead costs are variable. Plant capacity is sufficient to produce 750,000 units per year. Labor costs per hour are not expected to change during the year. However, the cotton supplier has informed EcoBags that it will impose a 20 percent price increase at the start of the coming budget period. No other costs are expected to change. During the coming budget period, EcoBags expects to sell 540,000 bags. Finished goods inventory is targeted to increase from the current balance of 120,000 units to 210,000 units to prepare for an expected sales increase the year after next as a result of legislation in several states regarding plastic bags. Production will occur evenly throughout the year. Inventory levels for cotton and canvas are expected to remain unchanged throughout the year. There is no work-in-process inventory. Required Prepare a production budget and estimate the materials, labor, and overhead costs for the coming year.

In this exercise, we examine the effect of combining investments with positively correlated risks, negatively correlated risks, and uncorrelated risks. A firm is considering a portfolio of assets. The
portfolio is comprised of two assets, which we will call ''A" and "B." Let X denote the annual rate of return from asset A in the following year, and let Y denote the annual rate of return from asset B in the following year. Suppose that
E(X) = 0.15 and E(Y) = 0.20,
SD(X) = 0.05 and SD(Y) = 0.06,
and CORR(X, Y) = 0.30.
(a) What is the expected return of investing 50% of the portfolio in asset A and 50% of the portfolio in asset B? What is the standard deviation of this return?
(b) Replace CORR(X, Y) = 0.30 by CORR(X, Y) = 0.60 and answer the questions in part (a). Do the same for CORR(X, Y) = 0.60, 0.30, and 0.0.
(c) (Spreadsheet Exercise). Use a spreadsheet to perform the following analysis. Suppose that the fraction of the portfolio that is invested in asset B is f, and so the fraction of the portfolio that is invested in asset A is (1 f). Letting f vary from f = 0.0 to f = 1.0 in increments of 5% (that is, f = 0.0, 0.05, 0.10, 0.15, . . . ), compute the mean and the standard deviation of the annual rate of return of the portfolio (using the original data for the problem). Notice that the expected return of the portfolio varies (linearly) from 0.15 to 0.20, and the standard deviation of the return varies (non-linearly) from 0.05 to 0.06. Construct a chart plotting the standard deviation as a function of the expected return.
(d) (Spreadsheet Exercise). Perform the same analysis as in part (c) with CORR (X, Y) = 0.30 replaced by CORR(X, Y) = 0.60, 0.0, 0.30, and 0.60.

you will develop a small XML.

XML is used for storing and exchanging information. XML is the most commonly used file format for e-business. It is important to have a grasp of XML.

In XML, you can choose your own tag names. For example, for representing name of a product, you can use <pname>, <prodName> or <productname> as you like. XML has to follow certain syntax rules.  Gentle Introduction to XML (External Link) provides more information about XML. Do the following:

• Do some research and find out what information must be obtained from customer for effective customer relationship management. (The information includes customer name, email, phone numbers etc.).   
• Decide on an XML file structure (also called schema) for storing all your order (products ordered + payment) information. No schema creation or validation is required.
• Create an XML file including payment data using a text editor like notepad.
• Syntax check your xml with an online validator (need to check for XML syntax only). XML Validator (External Link).
• Save your XML into a file and submit before the deadline. (By default, notepad stores files with extension .txt and that is fine. Although XML files usually have the extension .xml, you may want to save the file with .txt extension to upload

• Below is a sample XML file to start with:

  <?xml version="1.0"?>
  <crmDB>
  <customer>
  <customerName>John Doe</customerName>
  <phoneNumber>3092980000</phoneNumber>
  </customer>
  </crmDB>

    

  Obviously, you can choose whatever tag names you like and the information you choose to add for effective customer relationship management will be different as well.

1. three storey structure having a square footprint of 225 m² is constructed on a clayey deposit. The structure is planned to be supported by square isolated footings having a width of 2m and spaced at 5m center to center. typical borehole indicates that the soil consists of 2m fill layer at the top (g=17KN/m³) followed by a very stiff clay layer 2m thick (gsat=18.5KN/m³) underlain by a normally consolidated soft clay layer of 4.5m thickness (gsat=17KN/m³) followed by a rock layer extending down to the bottom of borehole. The foundations are laid on top of the stiff clay layer. Water table is located at the top of the stiff clay layer. Undisturbed samples were taken from the middle of each clay layer and consolidation tests done on undisturbed samples indicated the following:

 Stiff Clay: Cc=0.15; Cs = 0.02; P_c = 120 kPa; e₀=0.9

 Soft Normally Consolidated Clay: Cc=0.38; Cs = 0.06; e₀=1.0

a) The isolated foundations are subjected to a stress of 140 kPa. Calculate the consolidation settlement. Consider the very stiff clay as one layer and divide soft clay layer into two equal sub-layers. Calculate settlement under one typical foundation.

b) What would be the maximum additional stress applied on a central foundation from two neighboring foundations (situated at the left and right sides of the central foundation). Is it necessary to consider the additional stresses from neighboring foundations in the settlement calculations?

c) A concern is the differential settlement between isolated adjacent footings. It was decided to change the design to have the structure founded on a raft foundation subjected to a stress of 45 kPa. Compute the consolidation settlement and comment on the results.