unit 9 DB food

Effective money management begins with a comparison of the actual money spent versus what is in the budget. The budget process is a series of steps if followed, will produce an equitable distribution of the company’s revenue and expenses. A foodservice budget has factors that should be considered such as food costs, salaries, equipment, maintenance, utility services and taxes. The budget should be completed in advance of the first fiscal billing cycle.

Topic: Applying Budgetary Considerations and Leadership

Make sure to title each response as Part A or Part B.

Part A: The Food Truck

You are the owner of several food trucks in the nearest city to you. You serve gourmet desserts, pastries, and coffee around the city. Explain the following:

1. Why would it be important to communicate production standards to your employees?
2. What would be necessary to ensure that employees apply required portion sizes?

2. Audie Murphy Apparel (AMA) produces patriotic shirts in three colors: red, blue, and white. The monthly demand for each color is 3,000 units. Each shirt requires 1/2 pound of raw cotton. The cotton costs AMA $2.70 per pound. The transportation time from the supplier to AMA is 2 weeks. It costs AMA $100 to place each order and the annual holding cost percentage for AMA is 20 percent of the cost per pound.

a. What is the optimal order quantity of cotton? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to the nearest whole number.

Optimal order quantity _____ pounds

b. How many orders will AMA place during the next year? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to 2 decimal places (e.g., 108.37 times).

Number of orders ______

c. How frequently should the company order cotton? This is sometimes called the time between orders (TBO). Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to 2 decimal places (e.g., once every 4.13 months).

Company orders once every ______months

d. Assuming that the first order is needed on April 1, when should AMA place the order?

a. March 15th

b. April 1st

c. April 15th

e. What is the annual holding cost when the optimal quantity (part a) is ordered? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to the nearest whole number.

Annual holding cost________per year

f. What is the resulting annual ordering cost when the optimal quantity (part a) is ordered? Round intermediate calculations to 2 decimal places (e.g., $18.61) and your answer to the nearest whole number.

Annual ordering cost ______

g. If the annual holding cost percentage was only 5 percent, how would it affect the annual number of orders, the optimal order size, and the average inventory?

Short answer question:

Mr. Jones needs to send a shipment from China to the United States. His boss asks him to prepare a set of potential crash options for accomplishing this in 5 days, 4 days, 3 days, 2 days, and 1 day. He calls an air transport company and finds out that the shipment can be flown in one day for a cost of $1000. Then he calls an ocean shipping company and finds out that it can be transported in 5 days for a cost of $200. He uses these two numbers to find the slope: it costs $800 more to reach the US 4 days earlier, or $200 per day. Then, he uses the slope to calculate the cost of a 4-day trip ($400), a 3- day trip ($600), and a 2-day trip ($800). What is wrong with Mr. Jones’s approach?

At what substrate concentration would an enzyme with Km of 5mM operate at one-quarter its maximum rate? Give your answer in units of mM to 1 decimal place.

I'm currently interested in 1-dimensional (linear) Sigma Models.

In the theory of 2-Dimensional GLSM, the fields can be viewed as an embedding of the worldsheet in some target Manifold of higher dimension.

Is there a similar, geometrical, interpretation of the 1-dimensional case?

So far i could only find references to superconformal quantum mechanics, where the N-dimensional target space is taken to be N particles. I'm however interested in geometrical insight

See for example Witten's famous "Phases of N=2 Theories in 2 Dimensions", is there an equivalent in 1-Dimension?

1. Samirah has been appointed by a research institute to investigate what determined the price of automobiles in Ghana in 2019. She collected data on different variables including the price, mileage, repair record, weight and whether the car is a foreign or domestic one. Using Stata econometric software, she fitted a multiple linear regression and reported the following results to her superiors.

. reg price mpg rep78 foreign weight

      Source |       SS           df       MS      Number of obs   =        69

-------------+----------------------------------   F(4, 64)        =     15.82

       Model |   286761158         4 71690289.6   Prob > F        =    0.0000

    Residual |   290035800        64 4531809.38   R-squared       =    0.4972

-------------+----------------------------------   Adj R-squared   =    0.4657

       Total |   576796959        68 8482308.22   Root MSE        =    2128.8

------------------------------------------------------------------------------

       price |      Coef.   Std. Err.      t    P>|t|     [95% Conf. Interval]

-------------+----------------------------------------------------------------

         mpg |   27.32371   77.53757     0.35   0.726    -127.5754    182.2228

       rep78 |   121.1322   334.3828     0.36   0.718    -546.8742    789.1387

     foreign |   3520.324    857.318     4.11   0.000     1807.634    5233.013

      weight |   3.565247   .6582976    5.42   0.000     2.250146    4.880347

       _cons |   -6729.56   3450.835    -1.95   0.056     -13623.4    164.2752

------------------------------------------------------------------------------

1. Does mileage have a significant effect on the price of automobile? How do you know?
2. Interpret the coefficient on foreign. Is it statistically different from zero?
3. Do all the regressors have significant impact on the price of automobiles?
4. Interpret the value of the coefficient of determination.
5. Identify the relevant variables in determining the price of automobile.

Critically explain the effects of temperature (both when temperature increases and temperature decreases) on level measurement with suitable expression.   

unit 7:1 DB Food

Food and beverage managers use various purchasing methods to control inventory, reduce waste, and build vendor relations. The way materials are processed through the operation, including receiving and storage is vitally important not only to the efficient and profitable operation of the eatery, but also for quality control and health reasons.

Topic 1: Receiving and Storage

Proper purchasing, receiving, and storage of food and beverage items is critical to a food and beverage department’s or eateries’ success. In this Discussion, you will apply what you learned in the Learning Activity and Reading to the following scenario and then respond to the questions.

Scenario: Your hotel restaurant is planning a big Thanksgiving dinner for 400 guests that includes many different types of pie all requiring whipped cream. As the Food and Beverage Manager, you inform your vendor 30 days in advance of the event that you will need 10 gallons of cream. Your vendor misunderstands and has 20 gallons in ten 2-gallon containers, delivered 5 days later to a new receiving clerk who stores nine (9) of the 2-gallon containers the cream immediately. The cook sees 1 of the 2-gallon containers on a preparation table about an hour later and proceeds to use a gallon of the cream in his gravy for that night’s meal. He leaves the remainder on the preparation table shouting to his sous chef’s assistant to put the cream away when he can. Two hours later, the assistant stores the remainder in the refrigerator. Note: The cream has an expiration date three and a half weeks from the sending date.

• What were the problems in this scenario?
• Who should be responsible to remedy this situation and how should they resolve this problem while still obtaining the required amount of cream?
• What changes should be instituted going forward?

unit 6 DB food

The purchasing function is responsible for identifying the operational needs of the organization, negotiating, determining product specifications, and working with and choosing vendors. Managers are charged with making the appropriate buying decisions in an ethical and professional manner.

Topic: Purchasing and Technology

You read about blockchain ledger technology. Now do some additional research out on the Internet and share your URL with the rest of the class regarding either videos or viable information regarding blockchain technology.

Make sure to title each response as Part A or Part B.

Part A: Technology

• Discuss how you think this technology will change food and beverage purchasing. Explain your response.
• Discuss how POS systems are used in eating establishments. When does it make sense to use a POS system? What advantages are there for management in using a POS system?

Career Management: Interviewing; You will be a recruiter for a large chain of national department stores, looking to fill manager trainee positions. Then flip the switch and you will be a candidate for the jobs. The company is specifically looking for candidates who demonstrate these three qualities: initiative, dependability, and willingness to assume responsibility.

● As the recruiter(s), discuss how you would assess the applicant in each of the three desired qualities? What questions would you ask or what would you use as an indicator to determine whether the candidate possesses the quality?
● As the applicant(s), discuss what you would say to convince the recruiters that you possess each of these qualities (You have yo think outside the box).

Assume in a simple example that a change occurs in an economy that produces “Good X” and that there is a decrease in the number of sellers/producers in the economy who make “Good X”. Assume that this is a competitive market, what will happen to the equilibrium price and quantity of “Good X”? Use supply and demand analysis to demonstrate your answer and be sure to provide the rationale behind what is happening and also discuss any interesting observations or outcomes. Finally, please give an example from the news of a current event in real life that relates to the economic change affecting “Good X” above and be sure to explain why it relates.

(Note: The magnitude of any supply and/or demand shifts in this example are not specified; you may want to consider the magnitude of any shifts in your analysis).

Please analyze why “Machiavellian Thinking/Machiavellian Tactics” could be potentially damaging for modern leadership approaches. Please explain your answer.

For the fiscal year ended December 31, 2019, Nicholas Corporation reported net income of $600,000 and had 900,000 common shares outstanding from the beginning to the end of the year. On May 1, 2019, Nicholas issued 5% convertible bonds. Each $1,000 bond is convertible into 120 common shares. The total proceeds were $1,000,000 at par and were recognized in the liability and equity components using the residual value method, measuring the liability component first, at the present value of the bonds, all discounted at 8%, (the interest rate that applies to similar straight bonds). At the time of issuance, the present value of the bond was $922,685. Calculate Nicholas Corporation’s basic and diluted Earnings per share, assuming the corporation experiences a 30% tax rate. Round your answer to two decimal places.

QUESTION 5 Explain how either accounting or financial planning can be considered a ‘profession’.

Apart from direct quotes, all answers should be in your own words.

[This topic relates to 'attributes of profession' in business ethics]

[requires comprehensive response]

6.23 LAB: Python insert/update sqlite3 datafiles

Given is a Python program that connects to a sqlite database and has one table called writers with two columnns:

• name - the name of a writer
• num - the number of works the writer has written

The writers table originally has the following data:

name, num
Jane Austen,6
Charles Dickens,20
Ernest Hemingway,9
Jack Kerouac,22
F. Scott Fitzgerald,8
Mary Shelley,7
Charlotte Bronte,5
Mark Twain,11
Agatha Christie,73
Ian Flemming,14
J.K. Rowling,14
Stephen King,54
Oscar Wilde,1

Update the Python program to ask the user if they want to update entries or add new entries. If the name entered already exists in the writers table then the database record is updated, overwriting the original contents. If the name does not exist in the writers table, then add a new record with the writer's name and number of works. The following TODO sections must be completed.

• Check if a writer exists in the writers table
• If the writer exists in the table, locate an entry to be updated by writer's name and update the writer's value for num
• If the writer does not exist in the table, add a new entry in the writers table and provide the value for name and num

Ex: If the input is:

y
J.K. Rowling
30
y
Elton John
y
62
n

The output is:

(ID, Name, Num)
(1, 'Jane Austen', 6)
(2, 'Charles Dickens', 20)
(3, 'Ernest Hemingway', 9)
(4, 'Jack Kerouac', 22)
(5, 'F. Scott Fitzgerald', 8)
(6, 'Mary Shelley', 7)
(7, 'Charlotte Bronte', 5)
(8, 'Mark Twain', 11)
(9, 'Agatha Christie', 73)
(10, 'Ian Flemming', 14)
(11, 'J.K. Rowling', 30)
(12, 'Stephen King', 54)
(13, 'Oscar Wilde', 1)
(14, 'Elton John', 62)