b) The recent global climate change has necessitated the need for a new model for predicting weather patterns. Two scientists who were modeling this process in Ghana ended up with two different system models.
i) What could be the possible reason(s) for the differences in their system model? Justify your answer.
ii) In relation to real world data from the process how can you select the best model to employ for subsequent simulations and prediction of the process?
In: Computer Science
In: Operations Management
def binsearch(a):
if len(a) == 1:
return a[0]
else:
mid = len(a)//2
min1 = binsearch(a[0:mid])
min2 = binsearch(a[mid:len(a)])
if min1 < min2:
return min1
else:
return min2
What is the time complexity for the function? include derivative steps to your answer
In: Computer Science
In: Physics
Can you find any proofs or explanations that hash algorithms (such as MD5 and SHA1) are as good as they appear to be?
In: Computer Science
In the US, UK and various European countries, nationalists have been railing against free trade and in particular economic integration. What are the economic and political arguments for regional economic integration?
In: Operations Management
This solution is to be written in JAVA
It is difficult to make a budget that spans several years, because prices are not stable. If your company needs 200 pencils per year, you cannot simply use this year’s price as the cost of pencils two years from now. Because of inflation, the cost is likely to be higher than it is today.
The program asks for the cost of the item, the number of years from now that the item will be purchased, and the rate of inflation. The program then outputs the estimated cost of the item after the specified period. Have the user enter the inflation rate as a percentage, such as 5.6 (percent). Your program should then convert the percent to a fraction, such as 0.056, and should use a loop to estimate the price adjusted for inflation.
In: Computer Science
Are states still the most important actors in international Relations? Why or Why not?
In: Economics
The United States instituted tariffs (increase in price of Chinese goods imported into the US) on China selectively on 7/6/18 of 10% on ultimately $50billion of goods.
China retaliated in kind by imposing tariffs (increase in the price of US goods imported into China) on US on the same day by the same amount
On 5/15/19, The US increased the amount of the tariff to 25% and expanded the list of Chinese goods covered by the tariff.
Chinese responded in kind by the amount of the tariff and the list of goods covered.
Using the production possibilities model, and making the assumptions that the US and China are the only countries in the world, and making the assumption of constant costs in production, and assume also that the 2 countries produce only 2 goods: Soybeans and Consumer goods, with the US having a comparative advantage in Soybeans, China having a comparative advantage in Consumer Goods, explain what you would expect to happen once these tariffs are imposed.
Please include in your discussion, what effect, if any, these tariffs (trade war) would have on the costs of production, level of production, level of consumption in each country.
Finally, relax the assumption about US and China being the only two countries in the world. If other countries are allowed to trade with either China or the US, what would happen to the level of production and price of each good? Be sure to note all the assumptions you are making in your analysis. Your answers need not be lengthy, if you would like to include graphs that is ok.
In: Economics
|
Stephaney Company produces several products in its factory, including a karate robe. The company uses a standard cost system to assist in the control of costs. According to the standards that have been set for the robes, the factory should work 780 direct labor-hours each month and produce 2,600 robes. The standard costs associated with this level of production are as follows: |
| Total | Per Unit of Product |
||
| Direct materials | $ | 66,300 | $ 25.50 |
| Direct labor | $ | 10,920 | 4.20 |
| Variable manufacturing overhead (based on direct labor-hours) |
$ | 1,560 | 0.60 |
| $ 30.30 | |||
|
During April, the factory worked only 720 direct labor-hours and produced 2,700 robes. The following actual costs were recorded during the month: |
| Total | Per Unit of Product |
||
| Direct materials (10,800 yards) | $ | 68,040 | $ 25.20 |
| Direct labor | $ | 11,880 | 4.40 |
| Variable manufacturing overhead | $ | 5,670 | 2.10 |
| $ 31.70 | |||
|
At standard, each robe should require 3.4 yards of material. All of the materials purchased during the month were used in production. |
|
Compute the materials price and quantity variances for April: (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar amount.) |
|
|||||||||
|
Compute the labor rate and efficiency variances for April: (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar amount.) |
|
|||||||||
|
Compute the variable manufacturing overhead rate and efficiency variances for April: (Input all amounts as positive values. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) |
|
|||||||||
In: Accounting
In: Nursing
The Federal Reserve is responsible for managing the country’s money supply. Monetary policy affects the whole economy through interest rates. When the Fed increases the money supply, interest rates drop. When the Fed decreases the money supply, interest rates increase. This week you will discuss how you are affected by the Federal Reserve’s monetary policies. In your discussion, please consider the following questions or statements. Think about a recent purchase you made that required a loan, like a house, or a new car. Explain how you arrived at the decision to purchase. Then explain how the interest rate on the loan affected your purchase. For instance, were you able to purchase a higher priced item because the interest rate was low? Thinking deeper about your answers; how do interest rates affect millions of other buyers and their decisions, then how that affects the whole economy? Explain.
In: Economics
Explain the risks associated with leveling resources, compressing or crashing projects, and imposed durations or “catch-up” as the project is being implemented. Why is it critical to develop a time-phased baseline?
In: Operations Management
The cost was $500,000, to be paid in 30 days. When the cars arrived, some were in better condition than others. You sold 25 right away, for $10,000 each. Just to be safe, you sent the payments directly to Honda, even thought the whole sum was not yet due.
The remaining cars were a hard sell but you sold an additional 25 cars for $7500 each, and at the end of the month, you were left with 50 cars and the payment to Honda was due, as well as your rent, salaries, overhead etc.
In desperation, you sell the remaining 50 cars to another lot at a price of $4000 each. The price discount was based upon the purchaser's agreement to pay in cash upon delivery. When the driver returns after delivering the cars, instead of cash he hands you a check from the other dealer.......!
1. If the check clears, how much did you profit or lose in the transaction?
2. What action would you take now if the purchaser of the cars refused to pay with cash or a certified check, the regular check is the only payment available. What risks have you taken and what can the ramifications be?
3. What happens if the check does not clear (bounces)? What are your remedies? What will you do about your debt due to Honda?
The cost was $500,000, to be paid in 30 days. When the cars arrived, some were in better condition than others. You sold 25 right away, for $10,000 each. Just to be safe, you sent the payments directly to Honda, even thought the whole sum was not yet due.
The remaining cars were a hard sell but you sold an additional 25 cars for $7500 each, and at the end of the month, you were left with 50 cars and the payment to Honda was due, as well as your rent, salaries, overhead etc.
In desperation, you sell the remaining 50 cars to another lot at a price of $4000 each. The price discount was based upon the purchaser's agreement to pay in cash upon delivery. When the driver returns after delivering the cars, instead of cash he hands you a check from the other dealer.......!
1. If the check clears, how much did you profit or lose in the transaction?
2. What action would you take now if the purchaser of the cars refused to pay with cash or a certified check, the regular check is the only payment available. What risks have you taken and what can the ramifications be?
3. What happens if the check does not clear (bounces)? What are your remedies? What will you do about your debt due to Honda?
In: Operations Management
Sales-Related Transactions Using Perpetual Inventory System
The following selected transactions were completed by Green Lawn Supplies Co., which sells irrigation supplies primarily to wholesalers and occasionally to retail customers:
| July 1. | Sold merchandise on account to Landscapes Co., $14,300, terms FOB shipping point, n/eom. The cost of merchandise sold was $8,600. |
| 2. | Sold merchandise for $20,500 plus 6% sales tax to retail cash customers. The cost of merchandise sold was $13,300. |
| 5. | Sold merchandise on account to Peacock Company, $35,100, terms FOB destination, 1/10, n/30. The cost of merchandise sold was $22,800. |
| 8. | Sold merchandise for $12,400 plus 7% sales tax to retail customers who used VISA cards. The cost of merchandise sold was $7,400. |
| 13. | Sold merchandise to customers who used MasterCard cards, $5,500. The cost of merchandise sold was $3,500. |
| 14. | Sold merchandise on account to Loeb Co., $11,700, terms FOB shipping point, 1/10, n/30. The cost of merchandise sold was $6,900. |
| 15. | Received check for amount due from Peacock Company for sale on July 5. |
| 16. | Issued credit memo for $1,800 to Loeb Co. for merchandise returned from sale on July 14. The cost of the merchandise returned was $1,000. |
| 18. | Sold merchandise on account to Jennings Company, $6,300, terms FOB shipping point, 2/10, n/30. Paid $230 for freight and added it to the invoice. The cost of merchandise sold was $3,800. |
| 24. | Received check for amount due from Loeb Co. for sale on July 14 less credit memo of July 16. |
| 28. | Received check for amount due from Jennings Company for sale of July 18. |
| 31. | Paid Black Lab Delivery Service $1,900 for merchandise delivered during July to customers under shipping terms of FOB destination. |
| 31. | Received check for amount due from Landscapes Co. for sale of July 1. |
| Aug. 3. | Paid Hays Federal Bank $1,100 for service fees for handling MasterCard and VISA sales during July |
| 10. | Paid $2,410 to state sales tax division for taxes owed on sales. |
Required:
Journalize the entries to record the transactions of Green Lawn Supplies Co. For a compound transaction, if no entry is required, leave the entry box blank.
In: Accounting