3. A saver wants $100,000 after ten years and believes that it is possible to earn an annual rate of 8 percent on invested funds.
What amount must be invested each year to accumulate $100,000 if (1) the payments are made at the beginning of each year or (2) they are made at the end of each year?
How much must be invested annually if the expected yield is only 5 percent?
please explain step by step process.DO NOT COPY AND PASTE PREVIOUS ANSWERS
In: Finance
The following data (read the data down first and then over to the right) represent the weekly accounts receivable balance (in $1000) of a hardware distributor over a 30-week period.
|
128.703 120.649 126.215 129.426 135.816 125.131 131.122 121.774 125.367 121.076 |
119.848 127.251 153.923 125.658 122.172 129.268 122.912 125.351 130.572 116.875 |
122.587 127.677 132.364 130.950 118.662 131.902 132.220 128.522 132.270 122.671 |
In: Operations Management
Thermosets tend to be stronger than thermoplastics due to their
network structures. Name and describe one way of controlling the
structure of thermoplastics to make them stronger.
In: Chemistry
Create an ER data model to reflect the process of a consumer opening a checking account at a bank. The data model should be created using the data modelling utility in MySQLWorkbench.The model should contain at least five (5) entities. Each entity should have at least three (3) attributes.
Please build using SQL Queries as per mysql.
Please help... Urgent
In: Computer Science
The monthly sales for Yazici Batteries, Inc., were as follows:
Month
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sept
Oct
Nov
Dec
Sales
21
21
15
12
11
16
16
18
22
21
20
24
This exercise contains only parts b and c.
b) The forecast for the next month (Jan) using the naive method =
nothing
sales (round your response to a whole number).
The forecast for the next period (Jan) using a 3-month moving average approach =
nothing
sales (round your response to two decimal places).
The forecast for the next period (Jan) using a 6-month weighted average with weights of
0.10,
0.10,
0.10,
0.20,
0.20,
and
0.30,
where the heaviest weights are applied to the most recent month =
nothing
sales (round your response to one decimal place).
Using exponential smoothing with
alphaα
=
0.35
and a September forecast of
20.00,
the forecast for the next period (Jan) =
nothing
sales (round your response to two decimal places).
Using a method of trend projection, the forecast for the next month (Jan) =
nothing
sales (round your response to two decimal places).
c) The method that can be used for making a forecast for the month of March is
▼
.
In: Operations Management
explain the Evolution of U.S. Federalism- dual federalism vs. cooperative federalism, new federalism, representational federalism, and coercive federalism.
In: Psychology
<HTML>
<Head>
</HEAD>
<BODY>
</BODY>
<CANVAS ID ="MyScreen" width="780" Height="640"
alt="Your browser does not support canvas"></CANVAS>
<SCRIPT>
var vertexShaderText =
[
'precision mediump float;',
'',
'attribute vec2 vertPosition;',
'attribute vec3 vertColor;',
'varying vec3 fragColor;',
'void main()',
'{',
'gl_pointsize = 10.0;',
'fragColor = vertColor;',
'gl_Position = vec4(vertPosition,0.0,1.0);',
'}'
].join("\n");
var fragmentShaderText =
[
'precision mediump float;',
'varying vec3 fragColor;',
'void main()',
'{',
'gl_FragColor = vec4(fragColor,1.0);',
'}'
].join('\n');
var c = document.getElementById("MyScreen");
//var ctx = c.getContext("2d");
//ctx.beginPath();
//ctx.arc(95,50,40,0,2*Math.PI);
//ctx.stroke();
var gl =
c.getContext("webgl")||c.getContext("experimental-webgl");
if(!gl)
{
alert("WEBGL IS NOT
AVAILABLE");
}
gl.viewport(0,0,c.width, c.height);
gl.clearColor(.5,.5,1.0,1.0);
gl.clear(gl.COLOR_BUFFER_BIT|gl.DEPTH_BUFFER_BIT);
//Setup shaders
var vertexShader =
gl.createShader(gl.VERTEX_SHADER);
var fragmentShader =
gl.createShader(gl.FRAGMENT_SHADER);
gl.shaderSource(vertexShader,vertexShaderText);
gl.shaderSource(fragmentShader,fragmentShaderText);
gl.compileShader(vertexShader);
if(!gl.getShaderParameter(vertexShader,gl.COMPILE_STATUS))
{
console.log("ERROR:
",gl.getShaderInfoLog(vertexShader));
}
gl.compileShader(fragmentShader);
if(!gl.getShaderParameter(fragmentShader,gl.COMPILE_STATUS))
{
console.log("ERROR:
",gl.getShaderInfoLog(fragmentShader));
}
//Setup program
var program = gl.createProgram();
gl.attachShader(program, vertexShader);
gl.attachShader(program, fragmentShader);
gl.linkProgram(program);
if(!gl.getProgramParameter(program,gl.LINK_STATUS))
{
console.error('ERROR',
gl.getShaderInfoLog(program));
}
gl.validateProgram(program);
if(!gl.getProgramParameter(program,gl.VALIDATE_STATUS))
{
console.error('ERROR',
gl.getShaderInfoLog(program));
}
//Create Buffer
var triangleVertices =
[//x and y R, G,
B
0.0,0.5, 1.0,0.0,0.0,
-0.5,-0.5, 0.0,1.0,0.0,
0.5,-0.5, 0.0,0.0,1.0
];
var triagnleVertexBufferObject =
gl.createBuffer();
gl.bindBuffer(gl.ARRAY_BUFFER,triagnleVertexBufferObject);
gl.bufferData(gl.ARRAY_BUFFER, new
Float32Array(triangleVertices),gl.STATIC_DRAW);
var positionAttributeLcoation =
gl.getAttribLocation(program,'vertPosition');
var colorAttributeLcoation =
gl.getAttribLocation(program,'vertColor');
gl.vertexAttribPointer(
positionAttributeLcoation, //ATTRIBUTE LOCATION
2, //NUMBER of elements per attribute
gl.FLOAT, //TYPES OF ELEMENTS
gl.FALSE,
5*Float32Array.BYTES_PER_ELEMENT, //SIZE OF AN
INDIVIDUAL VERTEX
0 //OFFSET
);
gl.vertexAttribPointer(
colorAttributeLcoation, //ATTRIBUTE LOCATION
3, //NUMBER of elements per attribute
gl.FLOAT, //TYPES OF ELEMENTS
gl.FALSE,
5*Float32Array.BYTES_PER_ELEMENT, //SIZE OF AN
INDIVIDUAL VERTEX
2*Float32Array.BYTES_PER_ELEMENT //OFFSET
);
gl.enableVertexAttribArray(positionAttributeLcoation);
gl.enableVertexAttribArray(colorAttributeLcoation);
//Main Loop
gl.useProgram(program);
gl.drawArrays(gl.TRIANGLES,0,3);
</SCRIPT>
</HTML>
2.3At the lowest level of processing, we manipulate bits in the framebuffer. In WebGL, we can create a virtual framebuffer in our application as a two- dimensional array. You can experiment with simple raster algorithms, such as drawing lines or circles, through a function that generates a single value in the array. Write a small library that will allow you to work in a virtual frame- buffer that you create in memory. The core functions should be WritePixel and ReadPixel. Your library should allow you to set up and display your vir- tual framebuffer and to run a user program that reads and writes pixels using gl.POINTS in gl.drawArrays.
2.4 Turtle graphics is an alternative positioning system that is based on the concept of a turtle moving around the screen with a pen attached to the bottom of its shell. The turtle’s position can be described by a triplet (x, y, θ), giving the location of the center and the orientation of the turtle. A typical API for such a system includes functions such as the following: init(x,y,theta); // initialize position and orientation of turtle forward(distance); right(angle); left(angle); pen(up_down); Implement a turtle graphics library using WebGL. All this using Html file below and editing it
In: Computer Science
Case 11–3 Carmichael Corporation
Amanda Tellford, purchasing manager for Carmichael Corporation, became increasingly concerned about the purchase of MS-7, a special ingredient used in Stimgro, one of her company’s new products. It appeared that a major cost increase might threaten the product’s profit- ability, and Amanda was anxious to explore any alternatives that promised at least some cost relief.
CARMICHAEL CORPORATION
Carmichael Corporation was the U.S. subsidiary of Carmichael International, a UK-based producer of veterinary products and feed additives. Total U.S. sales were expected to be about $20 million with profits before taxes of about $1.2 million. Carmichael occupied a special niche in the market, offering small-volume specialty products that the bigger producers considered uneconomical. However, if sales of these products grew, the possibility existed that a larger producer might become interested. Carmichael had an exclusive distribution agreement with three distributors who covered all parts of the United States. Each distributor sold Carmichael products to feed stores, cooperatives,
and farm supply stores, which, in turn, sold to the farmer. For Stimgro the pricing structure through the distribution chain was approximately as follows:
(Stimgro) Carmichael ->$360 -> Distributor -> $520 -> Feed Store - >$780 - > Farmer
The Carmichael plant located in Chicago employed about 70 hourly rated people. The premises were leased and primary activities involved the mixing of ingredients and the bottling and packing of finished products. About half of the $8 million worth of ingredients was imported from the UK parent; the remainder and all packaging were purchased in the United States. The executive team consisted of Tim Paterson, president and treasurer; Charles Godfrey, sales manager; Amanda Tellford, manager of accounting and purchasing; and Andrew Hartwick, plant manager.
Carmichael Corporation concentrated on poultry medicines and feed additives. Three years earlier, Carmichael had introduced Stimgro, a feed additive for young turkeys, which had shown unusual promise in promoting rapid, healthy development in birds less than one month old. Shortly there
after, a competitor, Brisson, introduced a similar product. Because Brisson, like Carmichael, had its own exclusive distributors, Brisson’s entry into the market did not result in lower Stimgro sales for Carmichael. Small specialty producers like Carmichael and Brisson did not compete on price or manufacturing cost. Their big concern was finding new products to sell and making sufficient profit before the prod- uct was taken over by a larger company or lost its market appeal. Carmichael and Brisson had about equal shares in the Stimgro market with annual sales of about $1.4 million each.
Carmichael imported the two primary ingredients for Stimgro from its UK parent and mixed and packaged them in the Chicago plant. The manufacturing cost for Stimgro is shown in Exhibit 1. Carmichael’s selling price of Stimgro was $360 per kilogram. Amanda Tellford had tried to find a North American source for MS-7 over the past few years but had found that all potential sources, pharmaceutical, and specialty chemical firms had declined serious interest. They claimed the volume was far too low, and the price would have to be at least $800 per kilogram before they could be persuaded to manufacture MS-7.
Exhibit 1
(cost/kg)
MS-7 (500 grams) - $100
Other ingrediants (500 grams) - $48
Packaging – 4
Labor – 8
Overhead – 20
Total - $180
BRISSON
Brisson Corporation was a U.S.-owned manufacturer of products similar to those marketed by Carmichael. Brisson’s range of products was greater than Carmichael’s, and its annual sales volume was about $24 million. Brisson had originally obtained its MS-7 from a UK competitor of Carmichael International, but in the spring of the current year it had placed orders for equipment to manufacture its own MS-7. This action had surprised Amanda Tellford because, like Carmichael, Brisson had been relatively poorly prepared to take this step. For example, the North American market demand for MS-7 was limited to its use by Carmichael and Brisson. Although future growth might show a healthy increase, total current market demand certainly did not warrant the $1 million investment Brisson had to make.
Moreover, MS-7 was tricky to produce, requiring very careful temperature, pressure, and timing control. The main equipment item was a large glass-lined autoclave ingeniously instrumented and constructed to deal with the unusual demands of MS-7 production. The autoclave was normally a fairly general-purpose type of equipment in the chemical industry. However, the special conditions required for the manufacture of MS-7 made this reactor a special-purpose tool, certainly overdesigned and overengineered for the other uses to which Brisson might apply it. MS-7 manufacture was a batch production process, and the expected capacity of the equipment was about 40,000 kilograms per year based on two-shift operation.
In Amanda Tellford’s eyes, Brisson’s action affected her own purchases of MS-7, which up to this point had been at an advantageous transfer price from the UK parent. Although the exact impact was still not entirely clear, she expected at least a 40 percent increase in her laid-down cost. Amanda had no doubt that Brisson would aggressively seek customs protection from undervalued MS-7 imports and that at least a 20 percent duty would be applied on the American selling price.
Amanda Tellford, therefore, requested information from the parent company concerning manufacturing costs of MS-7. She added several other data from her own knowledge and prepared the following summary:
Summary of MS-7 cost and price data :
Minimum equipment outlay installed; $1 million
Delivery on equipment : 9–12 months
UK normal market price : $224/kg
Our laid-down current cost from Carmichael, UK : $200/kg
Carmichael (UK) out-of-pocket cost (material, labor, and variable overhead) : $160/kg
Estimated minimum laid-down cost in Chicago after Brisson starts production : $280/kg
Amanda Tellford went to see Charles Godfrey, Carmichael’s sales manager, to discuss possible sales requirements for the future. Charles said, “It’s really anybody’s guess. First, it depends on the popularity of turkeys. We are banking on continued growth there. Second, as soon as the feed compa- nies can develop a suitable substitute for our product, they will go for it. We appear to be very expensive on a weight basis, although research and actual results show we represent excellent value. It takes such tiny quantities of Stimgro to improve the overall quality of a mix that it is difficult to believe it could have any impact. More competition can enter this market any day. We are just not large enough in the U.S. market to have any strong promotional impact. Each of our product lines is specialized, of relatively small volume, in an area where the big firms choose not to operate. Should a larger firm enter this market, they could flat- ten us. Now you tell me how to turn this into a reasonable forecast.”
Amanda Tellford replied, “I’m glad that’s your problem and not mine, Charles. Anytime you feel you’re ready to put some figures down, please let me know, because it may become very important for us in the near future.”
In looking over past figures, Amanda estimated that the second half of this year’s requirements would total about 1,000 kilograms of MS-7. Amanda decided that she had better think out the effect that Brisson’s decision to make MS-7 might have on her future purchasing strategy.
Case 11-3: Carmichael Corporation
Discussion Questions:
Main Question:
In: Operations Management
Wally runs a fruit & vege stall Wally’s VegeRama -at the local Sunday market. He can buy watermelons from his supplier for $5 each. He can sell watermelons for $10 Each. On any particular Sunday, demand for watermelons follows a Poisson distribution with mean 5. Any watermelons that are not sold on Sunday go bad before the next weekend. Wally’s current policy is to stock 6 watermelons.
How many watermelons should Wally stock to maximise his expected profit? expected profit is 3.0800
In: Math
In: Operations Management
Using the following info and the standard enthalpy of formation for CO2(g) (-393.5KJ/mol), determine the standard enthalpy of formation of tungsten carbide, WC(s):
WC(s)+ 5/2 O2(g) --> WO3(s) + CO2(g) ∆H° = -285.80Kcal
W(s) + 3/2 O2(g) --> WO3(s) ∆H° = -200.16Kcal
In: Chemistry
Selected data on inventory, purchases, and sales for Celebrity Tan Co. and Ranchworks Co. are as follows:
|
Cost |
Retail |
|
| Celebrity Tan Co. | ||
| Inventory, August 1 | $ 260,000 | $ 595,000 |
| Transactions during August: | ||
| Purchases (net) | 2,263,400 | 3,475,000 |
| Sales | 3,275,000 | |
| Ranchworks Co. | ||
| Inventory, March 1 | $870,000 | |
| Transactions during March through November: | ||
| Purchases (net) | 9,260,000 | |
| Sales | 15,050,000 | |
| Estimated gross profit rate | 40% |
| Required: | |||||||
| 1. | Determine the estimated cost of the inventory of Celebrity Tan Co. on August 31 by the retail method.* Enter all ratios as percents, rounded to one decimal place. | ||||||
| 2. |
|
In: Accounting
MOST POPULAR : Business Analyst Interview Question:
1.Explain Traceability
2.Explain change Management
3.What is a change Request
4.How will you handle a change request?
In: Operations Management
A. The total balances in equity accounts increased by
$80,000.
B. The sum of the balances in equity accounts increased by
$256,000.
C. The sum of the balances in equity accounts decreased by
$256,000.
D. Total stockholders' equity was not affected by this
transaction.
In: Accounting
EXPLAIN THE ADVANTAGES AND DISADVANTAGES OF EMPLOYING HOME COUNTRY, HOST COUNTRY, AND THIRD COUNTRY MANAGERS.
In: Operations Management