Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December 31, the company reported Inventory of $71,000 and Cost of Goods Sold of $422,000. a.Included in Inventory (and Accounts Payable) are $10,200 of lenses SLC is holding on consignment. b.Included in SLC’s Inventory balance are $5,100 of office supplies held in SLC’s warehouse. c.Excluded from SLC’s Inventory balance are $8,100 of lenses in the warehouse, ready to send to customers on January 2. SLC reported these lenses as sold on December 31, at a price of $15,200. d.Included in SLC’s Inventory balance are $3,050 of lenses that were damaged in December and will be scrapped in January, with zero realizable value. Required: For each item, (a)-(d), prepare the journal entry to correct the balances presently reported
In: Accounting
The HR manager of a large department store believes the number of resignations per week of casual staff at the store can be approximated by a normal distribution with a mean of 42 resignations per week and variance 51.1 (resignations per week)2 . From a large amount of historical data available on the HR database regarding weekly resignations of casuals, a sample of 52 weeks was selected. What must the value of the sample mean be so that only 15% of all possible sample means (of size 52) are less than this value? Give your answer correct to 2 decimal places.
In: Math
Problem 9-19 (Algorithmic)
The product development group at Landon Corporation has been working on a new computer software product that has the potential to capture a large market share. Through outside sources, Landon's management learned that a competitor is working to introduce a similar product. As a result, Landon's top management increased its pressure on the product development group. The group's leader turned to PERT/CPM as an aid to scheduling the activities remaining before the new product can be brought to the market. The project network is as follows:
The activity time estimates (in weeks) are as follows:
| Activity | Optimistic | Most Probable | Pessimistic | |||||||
| A | 2.0 | 4.0 | 6.0 | |||||||
| B | 4.0 | 4.5 | 8.0 | |||||||
| C | 3.0 | 5.0 | 7.0 | |||||||
| D | 1.0 | 3.0 | 5.0 | |||||||
| E | 6.0 | 11.0 | 16.0 | |||||||
| F | 6.5 | 8.5 | 13.5 | |||||||
| G | 3.5 | 6.0 | 8.5 | |||||||
| H | 4.0 | 6.0 | 14.0 | |||||||
| I | 1.0 | 2.5 | 7.0 | |||||||
| J | 4.0 | 5.0 | 6.0 | |||||||
| Activity | Expected Time | Variance | ||
| A | ||||
| B | ||||
| C | ||||
| D | ||||
| E | ||||
| F | ||||
| G | ||||
| H | ||||
| I | ||||
| J | ||||
| Earliest | Latest | Earliest | Latest | Critical | ||||||||
| Activity | Start | Start | Finish | Finish | Slack | Activity | ||||||
| A | No | |||||||||||
| B | Yes | |||||||||||
| C | No | |||||||||||
| D | No | |||||||||||
| E | Yes | |||||||||||
| F | No | |||||||||||
| G | No | |||||||||||
| H | Yes | |||||||||||
| I | No | |||||||||||
| J | Yes | |||||||||||
In: Operations Management
In baseball, League A allows a designated hitter (DH) to bat for the pitcher, who is typically a weak hitter. In League B, the pitcher must bat. The common belief is that this results in League A teams scoring more runs. In interleague play, when League A teams visit League B teams, the League A pitcher must bat. So, if the DH does result in more runs, it would be expected that league A teams will score more runs in League A park than when visiting League B parks. To test this claim, a random sample of runs scored by league A teams with and without their DH is given in the accompanying table. Complete parts a) through d) below.
| legue a park (with DH) | Legue b park (without DH) |
| 7 | 0 |
| 2 | 1 |
| 4 | 6 |
| 6 | 3 |
| 2 | 5 |
| 3 | 6 |
| 12 | 8 |
| 9 | 3 |
| 3 | 5 |
| 14 | 5 |
| 3 | 5 |
| 7 | 2 |
| 5 | 2 |
| 5 | 4 |
| 2 | 1 |
| 14 | 2 |
| 6 | 4 |
| 6 | 9 |
| 6 | 10 |
| 6 | 1 |
| 5 | 3 |
| 7 | 7 |
| 8 | 7 |
| 4 | 2 |
| 13 | 4 |
| 7 | 9 |
| 5 | 3 |
| 0 | 2 |
a) Draw side-by-side boxplots of the number of runs scored by League A teams with and without their DH. Choose the correct graph below.
A.
051015AB
Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 4, 6, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 13. An x is plotted at 14. The top boxplot is labeled B and has vertical line segments at 3, 4.5, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 11.
B.
051015AB
Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 4, 6, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 9. Three x's are plotted at 12, 13, and 14. The top boxplot is labeled B and has vertical line segments at 2, 3.5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 10.
C.
051015AB
Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 3, 5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 12. Two x's are plotted at 13 and 14. The top boxplot is labeled B and has vertical line segments at 2, 3.5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 12.
D.
051015AB
Two boxplots, one above the other, share a horizontal axis labeled from 0 to 15 in increments of 1. The bottom boxplot is labeled A and has vertical line segments drawn at 4, 6, and 7. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 1 and 14. The top boxplot is labeled B and has vertical line segments at 2, 3.5, and 6. A box encloses the vertical line segments, and horizontal line segments extend from both sides of the box to 0 and 12.
Does there appear to be a difference in the number of runs between these situations?
A. No but the number of runs scored in a League A park appear to be slightly higher than the number of runs scored in a League B park.
B. Yes because the number of runs scored in a League B park appear to have a higher median than the number of runs scored in a League A park.
C.Yes because the number of runs scored in a League A park appear to have a higher median than the number of runs scored in a League B park.
D.No because the number of runs scored in a League A park is about the same as the number of runs scored in a League B park.
b) Explain why a hypothesis test may be used to test whether the mean number of runs scored for the two types of ballparks differ.
Select all that apply.
A.Each sample has the same sample size.
B.Each sample is obtained independently of the other.
C.Each sample size is small relative to the size of its population.
D.Each sample is a simple random sample.
E.Each sample size is large.
c) Test whether the mean number of runs scored in a League A park is greater than the mean number of runs scored in a League B park at the
alphaα=0.05 level of significance.
Determine the null and alternative hypotheses for this test. Let mu Subscript Upper AμA
represent the mean number of runs scored by a League A team in a League A park and let
mu Subscript Upper BμB represent the mean number of runs scored by a League A team in a League B park.
Upper H 0H0:
▼
sigma Subscript Upper AσA
pp mu Subscript Upper AμA
▼
greater than>
equals=
less than<
not equals≠
▼
sigma Subscript Upper BσB
mu Subscript Upper BμB
p 0p0
versus
Upper H 1H1:
▼
mu Subscript Upper AμA
pp
sigma Subscript Upper AσA
▼
greater than>
equals=
less than<
not equals≠
▼
p0 mu Subscript Upper BμB sigma Subscript Upper BσB Find t0,the test statistic for this hypothesis test. t0=nothing
(Round to two decimal places as needed.)
Determine the P-value for this test.
P-value=
(Round to three decimal places as needed.)
State the appropriate conclusion. Choose the correct answer below.
A.Do not reject Upper H0. There is not sufficient evidenceThere is not sufficient evidence at the level of significance to conclude that games played with a designated hitter result in more runs.
B.Reject Upper H 0H0.There is not sufficient evidence at the level of significance to conclude that games played with a designated hitter result in more runs.
C.Do not reject Upper H0.There is sufficient evidenceat the level of significance to conclude that games played with a designated hitter result in more runs.
D.Reject Upper H0. There is sufficient evidenceThere is sufficient evidence at the level of significance to conclude that games played with a designated hitter result in more runs.
d) Construct a 95% confidence interval for the mean difference in the number of runs scored by League A teams in a League A park and the number of runs scored by League A teams in a League B park. Interpret the interval.
Lower bound:
Upper bound:
(Round to three decimal places as needed.)
Interpret the confidence interval. Select the correct choice below and fill in the answer boxes to complete your choice.
(Round to three decimal places as needed. Use ascending order)
A. We are 95%confident the difference between the mean number of runs scored in a League A park and the mean number of runs scored in a League B park is between nothing and nothing.The confidence interval does not containdoes not contain zero, so there is sufficient evidence to conclude there is a difference in the mean number of runs scored with or without the DH.
B. We are 95% confident the difference between the mean number of runs scored in a League A park and the mean number of runs scored in a League B park is between nothing and nothing.The confidence interval contains zero, so there is notis not sufficient evidence to conclude there is a difference in the mean number of runs scored with or without the DH.
In: Math
Discuss the percentage of sales and competitive parity methods for setting advertising budgets. What are the shortcomings of both these methods?
In: Operations Management
Need the following program in Python:
Create a program that calculates the estimated duration of a trip in hours and minutes. This should include an estimated date/time of departure and an estimated date/time of arrival.
|
Arrival Time Estimator Enter date of departure (YYYY-MM-DD): 2016-11-23 Enter time of departure (HH:MM AM/PM): 10:30 AM Enter miles: 200 Enter miles per hour: 65 Estimated travel time Hours: 3 Minutes: 5 Estimated date of arrival: 2016-11-23 Estimated time of arrival: 01:35 PM Continue? (y/n): y Enter date of departure (YYYY-MM-DD): 2016-11-29 Enter time of departure (HH:MM AM/PM): 11:15 PM Enter miles: 500 Enter miles per hour: 80 Estimated travel time Hours: 6 Minutes: 20 Estimated date of arrival: 2016-11-30 Estimated time of arrival: 05:35 AM Continue? (y/n): n Bye! |
Specifications
In: Computer Science
Should attorneys be allowed to use their discretion in selecting jurors? Does the risk of discrimination and jury manipulation that appears in the use of peremptory challenges outweigh the value of giving the attorneys discretion to exclude jurors who might be leaning toward the opposition? Can we have a system of fair trials without the peremptory challenge? Explain
In: Psychology
In C++
Extra credit This is the formula for the future worth of an investment over time with consistent additional monthly payments and a steady rate of return. This can give you a bonus of 200 points. You will not be penalized if you do not do this nor will you be penalized if it is incorrect. This is a challenging problem because of all the mathematics involved. Let’s see how good you really are. FV = PV (1+ r/k) nk +PMT * [ (1+r/k) nk −1] * (1+ r/k) r/k FV : future value PV : initial value R : interest rate K : regular periodic investments • Annually, • Semi-annually, • Quarterly, • Monthly PMT: payment (installments) N : years Problem: You wish to start putting money away for your retirement (far-fetched, huh) anyway, how much would you have after 45 years if you started with an initial payment (PV) of $1000.00 and invested $250 (K) monthly. The dividend payments are 6% (R)and you invest $250 a month for the next 45 years. Your investment has an annual rate of return (R) of 6%.
Show how you would break this problem down into pieces (your pseudo code).
Then show your source code and display your initial investment, rate of return, length of time, monthly payments into the account and the final outcome. Show how much money you invested and what the final amount is, you’ll be surprised. HINT: try doing this problem manually first
In: Computer Science
2. What is the Neolithic Demographic Transition (NDT)? Explain what happened, why it happened, and how it is connected to the Neolithic Revolution.
In: Other
Often organizations are faced with the necessity of changing the direction or focus of their organization – due to competition, due to new technology, due to environmental issues, regulations, etc. In these situations, uncomfortable changes are sometimes required.
a) Would younger or older employees be more likely to embrace change?
b) Would successful or less successful organizations be more likely to embrace change?
c) One element in reinforcing change within an organization is to replace people and hire outsiders. Even if done with a great deal of care and understanding, this can often come across as a somewhat cruel undertaking. Why is it necessary?
In: Operations Management
Which benefits are of greatest value to your employer. Provide a justification for why you believe these benefits are of greatest value to employers (Pick at least 3)
In: Operations Management
Subject - Religion 1100-005
Describe in a religion of your choosing a bit about its historical origins and how, from those origins, information about ultimate being is revealed to that religion’s followers. Especially note a founder and weather this revealing U.B. is primarily a prophet, a sage or an incarnation. Given such descriptions, what does one learn about the religion’s Ultimate Being? Is it more relational, more mysterious, more transcendent or immanent? Generally, show how the kind of origins we find in the religion’s history is coherent with its concept of ultimate being. You may also argue that the religion’s origins are not very consistent with its Ultimate Being concept.
In: Psychology
A pair of narrow slits is positioned 1.90 m from a screen and illuminated with light made up of two wavelengths 556.00 nm and 507.60 nm.
First a filter is used to block the 507.60 nm light from reaching the screen. The resulting interference maxima are found to be separated by s = 1.60 mm.
a) What is in meters the separation of the slits?
We now remove that filter and place
a filter that blocks the 556.00 nm light.
b) What is in mm the obtained fringe separation?
We remove both filters.
c) What is in meters the separation on the screen of first bright maxima due to both wavelengths?
d) What is in meters the separation on the screen of fourth bright maxima due to both wavelengths?
In: Physics
Which do you think is more threatened in the U.S. today: individuals’ right to the free exercise of religion OR individuals’ right to due process and equal protection under the law? Explain.
In: Psychology
1) For the following Business Cycle Phases listed (Provide objectives and at least two deliverables from each phase)
SUBJECT : MODERN PROJECT MANAGEMENT
In: Operations Management