Considering platforms such as Airbnb and Uber, how will the sharing economy affect employment? And how should businesses adapt to the sharing economy?
In: Finance
What types of media exist and what type of information or material do they seek both pre-hazard/disaster and post-hazard/disaster? Why can be/is the media important to the emergency manager? Give examples of its importance to the emergency manager.
In: Operations Management
In: Psychology
You are attempting to value a call option with an exercise price of $145 and one year to expiration. The underlying stock pays no dividends, its current price is $145, and you believe it has a 50% chance of increasing to $155 and a 50% chance of decreasing to $135. The risk-free rate of interest is 5%. Based upon your assumptions, calculate your estimate of the the call option's value using the two-state stock price model. Answer is not $4.76
In: Finance
According to the text, Statistics is the science of planning studies and experiments, obtaining data, and then organizing, summarizing, presenting, analyzing, interpreting, and drawing conclusions based on the data. Write a paper at least 3 pages long detailing how specific concepts covered in this class fit into the definition and how they can apply to your area of study.
The concepts that need to be covered are the five-number summary, probability distributions, and hypothesis testing. For each concept be sure to explain the details of the concept and its importance, how it fits into the definition of statistics, and give a detailed example of how that concept can be used in your field of study. You can, but don’t have to, research your field of study to find examples. If you do, be sure to cite your sources.
Write the paper with a strong opening paragraph that makes the reader interested in reading the rest of the paper. It should have a strong closing paragraph that ties the paper together. In other words, don’t just answer questions, write a paper that informs and happens to cover the questions along the way. If you use your text or other sources for information in your paper be sure to cite those sources and include a works cited page at the end.
In: Math
Business Problem: A computer company produces laptop and desktop computers. The data analytics team in collaboration with the marketing team developed a predictive model that forecasts the expected demand for laptops to be at least 1,000, and for desktops to be at least 800 per day. (Assumption: production is in accordance with the demand) The production facility has a limited capacity of no more than 2,000 laptops and 1,700 desktops per day. The Sales Department indicates that contractual agreements of at most 2,000 computers per day must be satisfied. Each laptop computer generates $600 net profit and each desktop computer generates $300 net profit. The company wants to determine how many of each type should be made daily to maximize net profits.
2. Formulate a linear programming model that represents the preceding business challenge. b. Identify the decision variables. c. What is our objective function in terms of these decision variables, write down its mathematical equation) d. What are the constraints for this problem, write down their respective mathematical equations.
b) Decision Variables: X (laptop) & Y (desktop) # of units to produce for laptop & desktop a day
c) Objective function: Maximize the profit
Max profit Z = 600x + 300y
d) Constraints:
Expected demand x=>1000 and y=>800
Production capacity x<=2000, y<=1700
Contractual agreements x + y <=2000 non negative restrictions x=>0 and y=>0
NEED HELP WITH IpsolveAPI Library in R
3. Solve the problem using lpSolveAPI library in R to come up with the most optimum solution of this problem a. Write down R program to get the most optimal solution b. What is the optimal number of laptop and desktop computers to be made each day? c. What is the value of the objective function (total net profit) for the solution?
install.packages('lpSolveAPI')
library(lpSolveAPI)
lprec <- make.lp(0,2)
lp.control(lprec,sense="max")
set.objfn(lprec,c(600,300))
In: Operations Management
Plastic Products Ltd is a company that produces and markets plastic cups, teaspoons, knives and forks for the catering industry. The company was established in 1974 in response to the changes taking place in the catering industry. The growth of the fast food sector of the market was seen as an opportunity to provide disposable eating utensils which would save on human resources and allow the speedy provision of utensils for fast customer flow. In addition, Plastic Products has benefited from the growth in supermarkets and sells ‘consumer packs’ through four of the large supermarket groups. The expansion of sales and outlets has led Jim Spencer, the sales manager, to recommend to Bill Preedy, the general manager, that the present salesforce of two regional representatives be increased to four. Spencer believes that the new recruits should have experience of selling fast-moving consumer goods since essentially that is what his products are. Preedy believes that the new recruits should be familiar with plastic products since that is what they are selling. He favours recruiting from within the plastics industry, since such people are familia rwith the supply, production and properties of plastic and are likely to talk the same language as other people working at the firm.
1. What general factors should be taken into account when recruiting salespeople?
2. Do you agree with Spencer or Preedy or neither?
In: Operations Management
Miller Company’s contribution format income statement for the most recent month is shown below:
Total |
Per Unit |
|||||
Sales (38,000 units) |
$ |
228,000 |
$ |
6.00 |
||
Variable expenses |
114,000 |
3.00 |
||||
Contribution margin |
114,000 |
$ |
3.00 |
|||
Fixed expenses |
48,000 |
|||||
Net operating income |
$ |
66,000 |
||||
Required:
(Consider each case independently):
1. What is the revised net operating income if unit sales increase by 20%?
2. What is the revised net operating income if the selling price decreases by $1.40 per unit and the number of units sold increases by 16%?
3. What is the revised net operating income if the selling price increases by $1.40 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 4%?
4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 10%?
In: Accounting
For each of bubble sort and insertion sort, state briefly
(i) what the best case input is,
(ii) what the best case running time complexity (in big O) is for an input file of N elements is and
(iii) why the best case running time complexity is like that
In: Computer Science
1. Cash Budgeting
Dorothy Koehl recently leased space in the Southside Mall and opened a new business, Koehl's Doll Shop. Business has been good, but Koehl frequently run out of cash. This has necessitated late payment on certain orders, which is beginning to cause a problem with suppliers. Koehl plans to borrow from the bank to have cash ready as needed, but first she needs a forecast of how much she should borrow. Accordingly, she has asked you to prepare a cash budget for the critical period around Christmas, when needs will be especially high.
Sales are made on a cash basis only. Koehl's purchases must be paid for during the following month. Koehl pays herself a salary of $4,100 per month, and the rent is $2,300 per month. In addition, she must make a tax payment of $12,000 in December. The current cash on hand (on December 1) is $250, but Koehl has agreed to maintain an average bank balance of $4,000 - this is her target cash balance. (Disregard the amount in the cash register, which is insignificant because Koehl keeps only a small amount on hand in order to lessen the chances of robbery.)
The estimated sales and purchases for December, January, and February are shown below. Purchases during November amounted to $120,000.
Sales | Purchases | |||
December | $150,000 | $50,000 | ||
January | 34,000 | 50,000 | ||
February | 64,000 | 50,000 |
I. Collections and Purchases: | ||||||
|
|
|
||||
Sales | $ | $ | $ | |||
Purchases | $ | $ | $ | |||
Payments for purchases | $ | $ | $ | |||
Salaries | $ | $ | $ | |||
Rent | $ | $ | $ | |||
Taxes | $ | --- | --- | |||
Total payments | $ | $ | $ | |||
Cash at start of forecast | $ | --- | --- | |||
Net cash flow | $ | $ | $ | |||
Cumulative NCF | $ | $ | $ | |||
Target cash balance | $ | $ | $ | |||
Surplus cash or loans needed | $ | $ | $ |
In: Finance
Hellenistic Greece
1. How is daily life of the Greeks changed as they shift from the polis to the Hellenistic City?
In: Psychology
In roughly 2-3 paragraphs, evaluate the theory of virtue ethics. To do this, you will need to
In: Psychology
A 73-year-old female presents to the emergency department with nausea and confusion. The client normally takes digoxin, furosemide, and enalapril.
A. What will the nurse assess when caring for this patient? Include physical assessment and laboratory monitoring.
B. The patient's digoxin level of 2.2 ng/mL. What does the nurse do with this information?
In: Nursing
Describe the effects of chemical and radiological WMD as opposed to the effects of biological weapons.
In: Psychology
1) Does the magnetic field outside solenoid depend on the distance from solenoid?
2) How the magnetic field inside solenoid depends on the solenoid diameter?
3) What would happen to the magnetic field inside solenoid if it is bent?
4) Can you identify North and South poles of the solenoid you studied?
5) How can you prove that the magnetic field inside solenoid is uniform?
In: Physics