Questions
What changes to Congress in the last 50 years have affected congressional work the most?

What changes to Congress in the last 50 years have affected congressional work the most?

In: Operations Management

Perform an incremental analysis of the two finalist projects using the data provided below. The company...

Perform an incremental analysis of the two finalist projects using the data provided below.

The company uses a MARR of 10% and depreciates its assets using 7-year MACRS. The company’s effective income tax rate is 25%.

Project 1: Milling machines Equipment cost: Two (2) machines that each cost $380,000 including trade-in allowance and sales tax. The total cost of the freight and handling is expected to be $25,000. The total cost to install the machines is $30,000. Total testing and startup costs to place the machines into service are estimated to be $32,000. Useful life: 8 years. It is estimated that the machines can be sold for a total of $105,000 at the end of the project.

Each machine requires one operator at a time at a rate of $32.00 per hour. The plant operates 4080 hours per year. Total maintenance labor costs are estimated to be 20% of operating hours at $22.00 per hour. Total annual direct materials are estimated at $290,000. Manufacturing overhead exclusive of depreciation is expected to be an additional $270,000 per year.

Revenues are expected to be $1,025,000 each year as a result of this project. The project would run for 8 years.

Project 2: Painting Line Equipment cost: $315,000 including trade-in allowance and sales tax. The total cost for freight and handling is expected to be $15,000. The total cost to install the line is $35,000. Testing and startup costs to place the line in service are estimated to be $24,000. Useful life: 8 years. It is estimated that the line can be sold for a total of $70,000 at the end of the project.

The line requires one operator at a time a rate of $30.00 per hour and one helper at a time at a rate of $19.75 per hour. The plant operates 4080 hours per year. Total annual direct materials are estimated at $150,000. Maintenance labor costs are estimated to be 20% of operating hours at $19.00 per hour. Manufacturing overhead exclusive of depreciation is expected to be $220,000 per year.

Revenues are expected to be $635,000 for the first year as a result of the project and are expected to increase by 2% each year throughout the project. The project would run for 8 years.

In: Finance

Please use R to solve and explain fully Market Planning, Inc., a marketing research firm, has...

Please use R to solve and explain fully

Market Planning, Inc., a marketing research firm, has obtained the prescription sales data in the table below for n = 20 independent pharmacies.

These variables can be described precisely as follows:

y = average weekly prescription sales over the past year (in units of $1000)

x1 = floor space (in square feet)

x2= percent of floor space allocated to the prescription department

x3 = number of parking spaces available for the store

x4 = monthly per capita income for the surrounding community (in units of $100)

x5 is an independent variable that equals 1 if the pharmacy is located in a shopping center and equals 0 otherwise (x5 is called a dummy variable)

a. Output the stepwise regression of the data in this exercise. Set, both alphaentry and alphastay equal to .15. What is the final model arrived at by stepwise regression?

b. Perform a backward elimination procedure on the same data. Describe the order in which the independent variables are removed by the backward elimination procedure.

c. Is the model arrived at by backward elimination the same as the model arrived at by stepwise regression?

Pharmacy

y

x1

x2

x3

x4

x5

1

22

4900

9

40

18

1

2

19

5800

10

50

20

1

3

24

5000

11

55

17

1

4

28

4400

12

30

19

0

5

18

3850

13

42

10

0

6

21

5300

15

20

22

1

7

29

4100

20

25

8

0

8

15

4700

22

60

15

1

9

12

5600

24

45

16

1

10

14

4900

27

82

14

1

11

18

3700

28

56

12

0

12

19

3800

31

38

8

0

13

15

2400

36

35

6

0

14

22

1800

37

28

4

0

15

13

3100

40

43

6

0

16

16

2300

41

20

5

0

17

8

4400

42

46

7

1

18

6

3300

42

15

4

0

19

7

2900

45

30

9

1

20

17

2400

46

16

3

0

In: Statistics and Probability

Your first job out of college will pay you $47,000 in year 1 (exactly one year...

Your first job out of college will pay you $47,000 in year 1 (exactly one year from today), growing at a rate of 3.9% per year thereafter. You will also receive a one time bonus of $22,000 at the same time as your first salary. You plan to retire in 44 years (you'll receive 44 years of salary). If the applicable discount rate is 5%, what is the present value of these future earnings today? Round to the nearest cent.

In: Finance

Your first job out of college will pay you $47,000 in year 1 (exactly one year...

Your first job out of college will pay you $47,000 in year 1 (exactly one year from today), growing at a rate of 3.9% per year thereafter. You will also receive a one time bonus of $22,000 at the same time as your first salary. You plan to retire in 44 years (you'll receive 44 years of salary). If the applicable discount rate is 5%, what is the present value of these future earnings today? Round to the nearest cent.

In: Finance

1) A 7% Commonwealth government bond has three years to maturity. Given that the bond pays...

1) A 7% Commonwealth government bond has three years to maturity. Given that the bond pays coupons semi-annually (i.e. twice a year) and a coupon payment has just been made, what is the present value (price) of the bond if the market interest rate is 9% and the face value of the bond is $100,000?

2) You have observed the returns for an investment in Telstra shares for the last five years. This shows returns of 23%, -17%, 8%, 22% and 3%. Calculate the average return, variance, and standard deviation of these shares.

3) You own a portfolio that is invested as follows: $11,600 in shares of Rendezvous hotel, $7,800 in shares of Crown Plaza, $14,900 in shares of Carlton & United Breweries, and $3,200 in shares of Domino’s Pizza . What is the portfolio weight of shares of Carlton & United Breweries?

4) One year ago, you bought a share for $36.48. You received a dividend of $1.62 per share last month and sold the share today for $40.18. What is the capital gains yield on this investment?

In: Finance

Select a company of your choice, Aflac, and write a six to eight (6-8) page paper...

Select a company of your choice, Aflac, and write a six to eight (6-8) page paper in which you:

1.Evaluate a company’s recent (with in the last year) actions dealing with risk and uncertainty.

2.Offer advice for improving risk management.

3.Examine an adverse selection problem your company is facing and recommend how it should minimize its negative impact on transactions.

4.Determine the ways your company is dealing with the moral hazard problem and suggest best practices used in the industry to deal with it.

5.Identify a principal-agent problem in your company and evaluate the tools it uses to align incentives and improve profitability.

6.Examine the organizational structure of your company and suggests ways it can be changed to improve the overall profitability.

7.Use at least five (5) quality academic resources in this assignment. Note: One of your references regarding your should have been published within the last 6 months. Note: Wikipedia does not qualify as an academic resource.

In: Economics

The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has...

The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has an initial SWE of 2.46 in, K=0.06in/deg-day, and a runoff coefficient of CR = 0.5, plot the estimated daily runoff (in) from the watershed and determine the total melt and runoff for the 8-day period.

In: Civil Engineering

The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has...

The average temperatures (°F) for an 8-day period are: 32,35,34,36,48,43,42, and 40. If the area has an initial SWE of 2.46 in, K=0.06in/deg-day, and a runoff coefficient of CR = 0.5, plot the estimated daily runoff (in) from the watershed and determine the total melt and runoff for the 8-day period.

In: Civil Engineering

carpooling 40% of all commuters ride to work in carpools if 8 workers are selected, (a)...

carpooling 40% of all commuters ride to work in carpools if 8 workers are selected, (a) what is the probability that at least 2 will ride in carpools?
(b) what is the probability that at most 1 will ride in carpools?

In: Statistics and Probability