Discuss the DMAIC methodology of six sigma. provide relevant examples of each phase
In: Operations Management
In: Psychology
As a media buyer working on behalf of a large toy company, it is your job to buy media space for the launch of the KissKiss doll, which all advertising research shows will be a tremendous profit maker for the Cooper-Fitts Toy Company. Create a plan for a year’s advertising (Jan.-Dec.) for KissKiss. Explain your decisions about the types of media involved, when to use which types, and for how long each type should run. Make assumptions as needed.
In: Operations Management
List and define the factors that contribute to perceptual differences and the perceptual process among people at work.
In: Operations Management
You’re a physician in a practice group that became involved with PhyCor, Inc. Your group eliminated its entire management structure when PhyCor took over. Now, with PhyCor collapsing, you are being offered repurchase of your assets from PhyCor. What strategic planning steps do you propose to your group for going forward and selecting among options such as dissolving the group, purchasing the assets and finding another management firm, purchasing the assets and establishing in-house management, or other alternatives?
"Physician Practice Management Companies and PhyCor, Inc. Physician practice management (PPM) fi rms grew very rapidly in the late 1980s and early 1990s. PPMs promised to infuse physician practices with needed capital and provide signifi cant cost savings and increased revenues through economies of scale and improved management. They also promised to allow physicians to negotiate better contracts with the emerging HMOs and PPOs. However, by the end of the century, all of the major PPMs had gone out of business or signifi cantly downsized, with their valuations a tiny fraction of prior capitalization. Some, such as MedPartners, declared bankruptcy. Others saw their valuation plummet to almost nothing. What went wrong? This case examines the history of PPMs and the story of PhyCor, one of the prominent players.PPMs were created in response to the lack of retained earnings and marginal management that existed in many physician practices and the growth of HMOs and PPOs. As a result of increased managed care, physician organizations/medical groups experienced increased costs and lower net revenues. HMOs and PPOs also demanded large discounts from physicians. Capital was also needed to buy out senior partners, install information systems, and change their structures and governance. PPMs with signifi cant venture and Wall Street capital backing purchased prestigious medical groups, consolidated independent practices, and acquired staff clinics being divested by HMOs. Consolidation of PPMs left three large companies by the early 1990s.315Many of the physician practices signed 30- to 40-year management services contracts with the PPMs. These most often specifi ed that physicians would receive a split of revenues after payment of clinic expenses. The lower cost of capital, centralized purchasing, and greater bargaining leverage with insurer organizations were to lower costs and increase revenues.Phycor, Inc., incorporated in 1988, became by 1995 a medical network management company that managed multispecialty medical clinics and other physician organizations, provided contract management services to physician networks owned by health systems, and developed and managed independent practice associations (IPAs).1 The company also provided health care decision-support services, including demand management and disease management services, to managed care organizations, health care providers, employers, and other group associations."
In: Operations Management
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Suppose you have been hired as a financial consultant to Defense Electronics, Inc. (DEI), a large, publicly traded firm that is the market share leader in radar detection systems (RDSs). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. This will be a five-year project. The company bought some land three years ago for $4.6 million in anticipation of using it as a toxic dump site for waste chemicals, but it built a piping system to safely discard the chemicals instead. The land was appraised last week for $7.7 million on an aftertax basis. In five years, the aftertax value of the land will be $8.1 million, but the company expects to keep the land for a future project. The company wants to build its new manufacturing plant on this land; the plant and equipment will cost $29.8 million to build. The following market data on DEI’s securities are current: |
| Debt: |
185,000 bonds with a coupon rate of 7.7 percent outstanding, 25 years to maturity, selling for 107 percent of par; the bonds have a $2,000 par value each and make semiannual payments. |
| Common stock: |
11,200,000 shares outstanding, selling for $78.20 per share; the beta is 1.25. |
| Preferred stock: |
550,000 shares of 5.5 percent preferred stock outstanding, selling for $87.25 per share. The par value is $100. |
| Market: |
6.3 percent expected market risk premium; 4.6 percent risk-free rate. |
|
DEI uses G.M. Wharton as its lead underwriter. Wharton charges DEI spreads of 7 percent on new common stock issues, 4.5 percent on new preferred stock issues, and 2.5 percent on new debt issues. Wharton has included all direct and indirect issuance costs (along with its profit) in setting these spreads. Wharton has recommended to DEI that it raise the funds needed to build the plant by issuing new shares of common stock. DEI’s tax rate is 24 percent. The project requires $1,900,000 in initial net working capital investment to get operational. Assume DEI raises all equity for new projects externally and that the NWC does not require floatation costs.. |
| a. |
Calculate the project’s initial Time 0 cash flow, taking into account all side effects. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) |
| b. | The new RDS project is somewhat riskier than a typical project for DEI, primarily because the plant is being located overseas. Management has told you to use an adjustment factor of +2.5 percent to account for this increased riskiness. Calculate the appropriate discount rate to use when evaluating DEI’s project. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| c. | The manufacturing plant has an eight-year tax life, and DEI uses straight-line depreciation to a zero salvage value. At the end of the project (that is, the end of Year 5), the plant and equipment can be scrapped for $6.9 million. What is the aftertax salvage value of this plant and equipment? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) |
| d. | The company will incur $9,200,000 in annual fixed costs. The plan is to manufacture 21,250 RDSs per year and sell them at $11,240 per machine; the variable production costs are $10,125 per RDS. What is the annual operating cash flow (OCF) from this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g., 1,234,567.) |
| e. | DEI’s comptroller is primarily interested in the impact of DEI’s investments on the bottom line of reported accounting statements. What will you tell her is the accounting break-even quantity of RDSs sold for this project? (Do not round intermediate calculations and round your answer to nearest whole number, e.g., 32.) |
| f. |
Finally, DEI’s president wants you to throw all your calculations, assumptions, and everything else into the report for the chief financial officer; all he wants to know is what the RDS project’s internal rate of return (IRR) and net present value (NPV) are. (Do not round intermediate calculations. Enter your NPV in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89. Enter your IRR as a percent rounded to 2 decimal places, e.g., 32.16.) |
In: Finance
| Income Statement | 2008 | 2009 | ||
| Total Market (lawns professionally treated) | 45,000 | 43,000 | ||
| LR Lawns Treated (unit volume) | 11,000 | 12,000 | ||
| Sales Revenue | $ 860,000 | $ 885,000 | ||
| Memo: Market Share | 24% | 28% | ||
| Memo: Avg. Revenue/Lawn | $ 78 | $ 74 | ||
| Less: Variable Cost of Sales Revenue | ||||
| Chemicals | $ 115,000 | $ 125,000 | ||
| 1099 Workers * | $ 175,000 | $ 182,000 | ||
| Truck Running Costs | $ 40,000 | $ 40,000 | ||
| Total Cost of Sales Revenue | $ 330,000 | $ 347,000 | ||
| = Gross Profit Margin | $ 530,000 | $ 538,000 | ||
| Memo: Gross Profit Margin % | 38% | 39% | ||
| Less: Overhead (Other Operating) Expenses: | ||||
| Salaried Employees | $ 190,000 | $ 180,000 | ||
| Office and Warehouse rent | $ 90,000 | $ 90,000 | ||
| Depreciation of Trucks | $ 30,000 | $ 40,000 | ||
| Advertising | $ 30,000 | $ 40,000 | ||
| Total Overhead Expenses | $ 340,000 | $ 350,000 | ||
| = EBIT (net operating income) | $ 190,000 | $ 188,000 | ||
| less: Interest Expense | $ 23,000 | $ 35,000 | ||
| = Pretax Income (profit) | $ 167,000 | $ 153,000 | ||
| less: Income taxes | $ 40,000 | $ 35,000 | ||
| = Net Income (profit) | $ 127,000 | $ 118,000 | ||
| Memo: Profit Margin % | 15% | 13% | ||
| Balance Sheet | ||||
| Cash | $ 5,000 | $ 5,000 | ||
| Accounts Receivable | $ 25,000 | $ 40,000 | ||
| Inventories | $ 8,000 | $ 9,000 | ||
| = Current Assets | $ 38,000 | $ 54,000 | ||
| Fixed Assets | $ 500,000 | $ 550,000 | ||
| - Accumulated Depreciation | $ 80,000 | $ 120,000 | ||
| = Net Fixed Assets | $ 420,000 | $ 430,000 | ||
| Total Assets | $ 458,000 | $ 484,000 | ||
| Accounts Payable | $ 8,000 | $ 20,000 | ||
| Bank Loans | $ 275,000 | $ 300,000 | ||
| = Total Liabilities | $ 283,000 | $ 320,000 | ||
| Common Stock (Invested capital) | $ 100,000 | $ 100,000 | ||
| Retained Earnings | $ 75,000 | $ 64,000 | ||
| Total Liabilities and Owner's Equity | $ 458,000 | $ 484,000 | ||
| * Workers are paid based upon the number of lawns treated (not hourly). | ||||
Please calculate the following for 2009:
a) Return on Assets:
b) Current Ratio:
c) Debt/Equity Ratio:
d) Cash flow from Operations:
e) Cash flow from Investing Activities:
f) Cash Flow from Financing Activities:
g) Net Change in Cash for the year:
In: Finance
In your initial post, briefly research career opportunities that require knowledge or experience with managerial accounting. List at least two potential positions (including a link to the job posting or job description) that you personally found to be interesting or surprising, and explain why they were noteworthy to you.
In: Accounting
Calculate the Area and Perimeter for shapes using functions in Python.
Your goal is to match the sample output below:
Welcome to my area and perimeter calculator ====================================================== Circle : area = 39.82, perimeter = 22.37 Square : area = 85.19, perimeter = 36.92 Rectangle: area = 41.24, perimeter = 34.24 Triangle : area = 21.16
Here is the code to use for your program (Note you may have to type this code into Trinket directly)
import math
# Add your code here
# TODO -> Add welcome function here
# TODO -> Add circle area function here
# TODO -> Add circle perimeter function here
# TODO -> Add square area function here
# TODO -> Add Square perimeter function here
# TODO -> Add rectangle area function here
# TODO -> Add rectangle perimeter function here
# TODO -> Add triangle area function here
# =====================================================================
# Main Code - DO NOT EDIT ANYTHING BELOW. Add your functions above
displayWelcome()
radius = 3.56
area = calcAreaCircle(radius)
perimeter = calcPerimeterCircle(radius)
print('Circle : area = {0:.2f}, perimeter = {1:.2f}'.format(area, perimeter))
side = 9.23
area = calcAreaSquare(side)
perimeter = calcPerimeterSquare(side)
print('Square : area = {0:.2f}, perimeter = {1:.2f}'.format(area, perimeter))
width = 2.9
height = 14.22
area = calcAreaRect(width, height)
perimeter = calcPerimeterRect(width, height)
print('Rectangle: area = {0:.2f}, perimeter = {1:.2f}'.format(area, perimeter))
base = 7.97
height = 5.31
area = calcAreaTriangle(base, height)
print('Triangle : area = {0:.2f}'.format(area))In: Computer Science
Open two windows in Ubuntu, and list the content of the /dev/fd folder. Can you explain the difference observed from the two windows? The name /dev/fd is actually a symbolic link to /proc/self/fd. The name self is also a symbolic link pointing to a number, which is the process ID of the current process. Therefore, the number pointed to by self is different if viewing from different windows.
In: Computer Science
When 780g of benzene (molar mass = 78g/mol) reacts with 750ml of conc. HNO3 (16M) and 750ml of H2SO4 (18M), 1000g of nitrobenzene (molar mass =123g/mol) and 250g of an unknown compound with a high boiling point are obtained. a. Identify the limiting reagent
b. Calculate the percent yield of nitrobenzene
c. Give the name of the most probable side product with the high melting point
d. Explain with the aid of a mechanism the role of H2S04 in the reaction
e. Supposing the crystalline compound 250g has the formula C6H4N2O4, calculate the yield of the side product.
In: Chemistry
While acting is prevalent in real life, there are times when such role-playing is not acceptable. Discuss such instances. Is it possible to not play roles? How?
In: Psychology
NPV unequal lives. Singing Fish Fine Foods has $2,000,000 for capital investments this year and is considering two potential projects for the funds. Project 1 is updating the store's deli section for additional food service. The estimated after-tax cash flow of this project is $600,00 per year for the next five years. Project 2 is updating the store's wine section. The estimated annual after-tax cash flow for this project is $530,000 for the next six years. If the appropriate discount rate for the deli expansion is 9.5% and the appropriate discount rate for the wine section is 9.0% use the NPV to determine which project Singing Fish should choose for the store. Adjust the NPV for unequal lives with the equivalent annual annuity. Does the decision change? If the appropriate discount rate for the deli expansion is 9.5%, what is the NPV of the deli expansion? blank $ (Round to the nearest cent.).
In: Finance
d) Given the short-sale rules, what is the no-arbitrage bond for the stock-futures price relationship? That is, given a stock index of 1,900, how high and how low can the futures price be without giving rise to arbitrage opportunities?
In: Finance
URGENT PLZ - BASIC PYTHON
Use the following format for each of your files in the header.
# Name:
# Date:
# Description:
You programs should be FULLY COMMENTED.
Mr. Zapanta has locked himself out of his laptop and completely forgotten his password (the password is “cardinalcarter123” or “CardinalCarter123”). Write a program that generates a password entry. The program will display an appropriate message if Mr. Zapanta enters the wrong password. The program will allow a maximum of 5 tries to enter. If he exceeds 5 tries, the program will stop and display “Your laptop has been locked”. (5 marks Thinking) (Use a while loop)
Sample Output 1:
Enter the password: mr. zapanta
That is not the correct password! Try again.
Enter the password: cardinal carter
That is not the correct password! Try again.
Enter the password: ilovecompsci
That is not the correct password! Try again.
Enter the password: carter123
That is not the correct password! Try again.
Enter the password: chicken321!
That is not the correct password! You’ve reached the max number of tries.
Your laptop has been locked.
Sample Output 2:
Enter the password: mr. zapanta
That is not the correct password! Try again.
Enter the password: cardinalcarter123
Welcome, Mr. Zapanta.
In: Computer Science