The correct answer is (II) control limits (LCL, UCL). Control limits are statistical boundaries used in statistical process control (SPC) to determine whether a process is in a state of statistical control.
These limits are typically set at a certain number of standard deviations from the process mean and are used to monitor process performance over time.
When a process is in control, it means that it is operating within the expected range of variation and meeting the desired specifications. However, even in a controlled process, it is still possible to observe occasional data points that fall outside the control limits. These observations are known as "common cause" variation and can occur due to random fluctuations or other sources of normal process variability.
Tolerances, on the other hand, represent the acceptable range of values specified by the customer or product specifications. If a process is consistently producing results within the specified tolerances, it indicates that it is meeting the desired requirements. Tolerances are used to determine whether a product or service is acceptable from a quality standpoint.
To learn more about boundaries
https://brainly.com/question/25076927
#SPJ11
Current Attempt in Progress Marigold Industries began the year with 5,100 stocking hats in WIP Inventory, 20% complete overall. Both conversion costs and DM resources are added to hats evenly throughout the process. Throughout the year, the company started 76,900 more hats, and it had completed 76,000 in total by year-end. Units in ending WIP Inventory were 70% complete overall. Marigold uses the weightedaverage method of process costing. Determine equivalent units for this processing department at year-end by completing Step 2 of the template.
The ending WIP units are not specified, so we can't provide an exact calculation. But by plugging in the actual numbers, you can determine the equivalent units for this processing department at year-end.
To determine the equivalent units for this processing department at year-end, we need to consider the units that are partially completed in the ending WIP (Work in Process) Inventory.
Step 2 of the weighted-average method involves calculating equivalent units for both direct materials (DM) and conversion costs.
For DM equivalent units, we consider the units that are completed during the period and the units that are in ending WIP Inventory (at 70% complete overall). In this case, the 76,000 completed units and the ending WIP units are considered.
For conversion costs equivalent units, we also consider the completed units and the ending WIP units (at 70% complete overall). However, since conversion costs are added evenly throughout the process, the equivalent units for conversion costs will be the same as the DM equivalent units.
So, the equivalent units for both DM and conversion costs at year-end will be 76,000 (completed units) + (70% of the ending WIP units).
Equivalent Units for DM: 76,000 + (70% of ending WIP units)
Equivalent Units for Conversion Costs: 76,000 + (70% of ending WIP units)
Learn more about calculation:
https://brainly.com/question/30781060
#SPJ11
Suppose that the index model for stocks A and B is estimated
from excess returns with the following results:
RA = 1.00% + 0.45RM +
eA
RB = -1.00% + 1.00RM +
eB
σM = 16%;
R-squareA = 0.28;
R-squareB
The index model estimates for stocks A and B indicate that stock A's excess returns have a positive relationship with the market's excess returns, while stock B's excess returns have a negative relationship.
The index model provides a framework to assess the relationship between a stock's excess returns and the excess returns of the overall market. In this case, stock A's excess returns are modeled as a linear function of the market's excess returns (RM), represented by the equation RA = 1.00% + 0.45RM + eA. The intercept of 1.00% suggests that even in the absence of market returns, stock A is expected to have a positive excess return. The slope of 0.45 indicates that for every 1% increase in the market's excess returns, stock A is expected to increase by 0.45%.
On the other hand, stock B's excess returns are modeled as a linear function of the market's excess returns with the equation ARB = -1.00% + 1.00RM + eB. The negative intercept of -1.00% suggests that even in the absence of market returns, stock B is expected to have a negative excess return. The slope of 1.00 indicates that for every 1% increase in the market's excess returns, stock B is expected to increase by 1.00%. This implies that stock B has a stronger positive relationship with the market compared to stock A.
The R² values provide information about the goodness-of-fit of the model. R²A of 0.28 indicates that 28% of the variability in stock A's excess returns can be explained by the market's excess returns and the error term eA. Similarly, R²B would provide information about the proportion of variability in stock B's excess returns that can be explained by the market's excess returns and the error term eB, but its value is not provided in the given information.
In summary, the index model estimates reveal that stock A has a positive relationship with the market, while stock B has a negative relationship. The intercepts and slopes of the two stocks differ, indicating variations in their expected excess returns for a given level of market returns. The R-square values provide insights into the proportion of variability in each stock's excess returns that can be explained by the market.
Learn more about stock here:
https://brainly.com/question/30088764
#SPJ11
I need help constructing a network schedule for the stadium project
Ventura Baseball Stadium Case
The G&E Company is preparing a bid to build the new 47,000-seat Ventura baseball stadium. The construction must start on June 10, 2019, and be completed in time for the start of the 2022 season. A penalty clause of $500,000 per day of delay beyond April 3rd is written into the contract.
Will the project be able to be completed by the April 3rd deadline? How long will it take
What is the critical path for the project?
Based on the schedule would you recommend that G&E pursue this contract? Why? Include a one-page Gantt chart for the stadium schedule.
By constructing a network schedule, calculating the critical path, and analyzing the timeline, we can determine if the project can be completed by the April 3rd deadline and make an informed recommendation to G&E.
To construct a network schedule for the Ventura Baseball Stadium project, we need to determine the critical path and calculate the time required to complete the project.
First, let's calculate the total time available for construction. The project must be completed by April 3rd, 2022. The construction start date is June 10, 2019. So, we have 2 years, 9 months, and 23 days (approximately 1000 days) to complete the project.
To determine if the project can be completed by the April 3rd deadline, we need to identify the critical path. The critical path is the sequence of activities that takes the longest time to complete.
Next, we should construct a Gantt chart, which is a visual representation of the project schedule. This chart will show the start and end dates for each activity, and the dependencies between them.
Finally, we analyze the critical path. If the critical path duration is less than or equal to the available time (1000 days), then the project can be completed by the April 3rd deadline. If not, the project will face delays and incur penalties.
Based on the schedule and critical path, we can recommend if G&E should pursue this contract. If the critical path is too long and exceeds the available time, it may be risky to pursue the contract. However, if the critical path is within the available time, it may be a feasible project to undertake.
Learn more about network
https://brainly.com/question/1326000
#SPJ11
Facilitating an internal meeting allows account managers to develop successful relationships within the agency because _____.
a. It give account managers face time with top agency executives
b. It trains them to think on their feet
c. They become comfortable in high stress positions
d. They learn different personalities of agency personnel
Facilitating an internal meeting allows account managers to develop successful relationships within the agency because option d. They learn the different personalities of agency personnel.
Facilitating an internal meeting allows account managers to develop successful relationships within the agency because they have the opportunity to learn about the different personalities of agency personnel. Internal meetings bring together individuals from various departments and roles within the agency, providing a platform for collaboration and interaction.
By facilitating these meetings, account managers gain insights into the working styles, preferences, and communication approaches of their colleagues. They can observe how different individuals contribute to discussions, handle conflicts, and make decisions. This understanding of different personalities and perspectives is invaluable for building effective relationships and fostering teamwork within the agency.
Developing successful relationships within the agency is crucial for account managers as it enhances communication, cooperation, and problem-solving. It allows them to establish rapport, trust, and mutual respect with their colleagues, which can lead to more efficient and productive collaborations.
Account managers who understand the personalities of their team members can adapt their communication and management strategies accordingly, tailoring their approach to individuals' strengths, preferences, and needs. Therefore, the correct answer is option d.
know more about Facilitating here:
https://brainly.com/question/13542453
#SPJ11
Style-inn Fabric & Clothing (SFC) is manufacturer of clothing fabrics to be made up into
dresses and suits. SFC established long ago back and presently enjoys the reputation as
producer of quality fabric. SFC producing fabrics from high quality synthetic yarns with all
standard features which other fabric manufacturer offers. Designs of fabric are old fashioned
(traditional in nature) as SFC was established long ago
Management team at SFC shown believe in integration (vertical and horizontal) and
diversification (product range or market reach) as tool of risk reduction and value
enhancement (profit too). SFC opts for un-organic forward integration to gain control over
value chain by acquiring ‘Skylark Designer Clothing’ (SDC). SDC is operating in designing and
weaving of fabric into fashion wears. SDC is targeting the customers who are in age group
from 40 to 60 years and belongs to price sensitive income group. SFC in this way is able to
reach to end consumer through retailers by manufacturing cloth themselves. Acquisition of
SDC by SFC remains largely successful as result in relative high increase in sales and profits,
both.
Problem Point
But the sale & profit are not growing at same old rate now, top and bottom line witness the
slowdown, which may be due to exhaust of synergy benefits. Retail stores through which SFC
sold its material also find it difficult to make reasonable amount of sale. SFC starts exploring
new retailers. But due to presence of large number of supplier (of manufactured cloth), buying
power of retailers is high; resultantly SFC has to rest at unacceptable low margins.
you are required to draw the value Chain and explain briefly. note that Down the Line SFC is considering of acquisition of one of cloth retail chain, named ‘Paridhaan’ in order to
deliver fabrics to the customers directly and eliminate retailers in order to boost its profit
margins
The value chain for Style-inn Fabric & Clothing (SFC) is as follows. The vertical and horizontal integration strategy is utilized by SFC in order to minimize risks and improve profitability.
SFC has acquired 'Skylark Designer Clothing' (SDC) in order to gain control of the value chain. SDC is a company that specializes in fabric design and weaving, and it focuses on customers aged 40 to 60 who belong to the income group that is sensitive to price.
SFC's acquisition of SDC was a success, resulting in a significant increase in sales and profits.However, sales and profits have slowed, and the top and bottom lines are no longer growing at the same rate. SFC has begun exploring new retailers, but there are a lot of suppliers who manufacture fabric.
To know more about integration visit:
https://brainly.com/question/31744185
#SPJ11
You have started a company and are in luck-a venture capitalist has offered to invest. You own 100% o the company with 5.31 million shares. The VC offers $1.03 million for 750,000 new shares. a. What is the implied price per share? b. What is the post-money valuation? c. What fraction of the firm will you own after the investment? a. What is the implied price per share? The implied price per share will be $ per share. (Round to the nearest cent.) b. What is the post-money valuation? The post-money valuation will be $ million. (Round to two decimal places.) c. What fraction of the firm will you own after the investment? Your fractional ownership will be %. (Round to one decimal place.)
Based on the information, the implied price per share is $1.37 per share.
To find the implied price per share, we divide the amount of money offered by the number of new shares. In this case, the VC is offering $1.03 million for 750,000 new shares.
Implied price per share = Amount offered / Number of new shares
= $1.03 million / 750,000
= $1.37 per share
b. The post-money valuation is the value of the company after the investment. To find this, we add the amount offered to the current value of the company.
Post-money valuation = Current value + Amount offered
= (5.31 million shares * $1.37 per share) + $1.03 million
= $7.27 million + $1.03 million
= $8.30 million
c. To calculate the fraction of the firm you will own after the investment, we divide the number of shares you own by the total number of shares after the investment.
Fractional ownership = Number of shares owned / Total number of shares
= 5.31 million shares / (5.31 million shares + 750,000 new shares)
= 5.31 million shares / 6.06 million shares
≈ 0.876 or 87.6%
To know more on Shares visit:
https://brainly.com/question/33535691
#SPJ11
Executive Summary
a) All funds are in Canadian Dollars
B) Need to solve for the missing "variable" first for each of
these bonds
c) Match up "investors" holding bonds with "borrowers" issu
The executive summary should provide a concise overview of the key points. Here's an attempt at summarizing the information provided
This executive summary highlights the following points:
a) All funds mentioned in this document are denominated in Canadian Dollars.
b) It is crucial to determine the missing "variable" for each bond before proceeding with any analysis or calculations.
c) The goal is to match the "investors" holding bonds with the corresponding "borrowers" who issued those bonds.
The summary emphasizes the importance of addressing the missing variables and establishing the bondholder-borrower connections.
the specific bonds and investors are required for a more comprehensive analysis.
Learn more about bond here:
https://brainly.com/question/31994049
#SPJ11
Q:
Executive Summary:
a) All funds are in Canadian Dollars.
b) We need to solve for the missing "variable" first for each of these bonds.
c) We need to match up "investors" holding bonds with "borrowers" issuing them.
Consider the following linear program for the continuous decision variables x, y Max x + y s. t. x + 2y = 2000 x + y ≤ 1500 y ≤ 600 x,y ≥ 0 A) Sketch the feasible region for x, y together with the line representing the objective function. B) At how many points in the graph do the lines representing the constraints intersect? C) What are the values of the decision variables x, y at these points? D) At which of these values is the objective function maximized, that is what are the optimal values of x, y ? E) Solve the problem in Excel using Solver
A) To sketch the feasible region for x and y, we need to plot the lines representing the constraints and identify the region that satisfies all the constraints.
A). First, let's plot the line x + 2y = 2000. To search two points that lie on the line by setting x = 0 and solving for y, and setting y = 0 and solving for x.
For x = 0, we have 0 + 2y = 2000, which gives y = 1000.
For y = 0, we have x + 2(0) = 2000, which gives x = 2000.
So we have two points: (0, 1000) and (2000, 0).
plot the line x + y ≤ 1500.
For x = 0, we have 0 + y ≤ 1500,
which gives y ≤ 1500. For y = 0,
We can draw the line x + y ≤ 1500 by connecting the points (0, 1500) and (1500, 0) with a dashed line.
Finally, let's plot the line y ≤ 600. For y = 0, we have x + 0 ≤ 600, which gives x ≤ 600. We can draw the line y ≤ 600 as a vertical line at x = 600.
B) The lines representing the constraints intersect at three points in the graph.
C) The values of the decision variables x, y at these points are:
Point 1: (600, 0)
Point 2: (0, 1000)
Point 3: (750, 375)
D) To determine the values at which the objective function is maximized, we evaluate the objective function x + y at each of the three points and compare the values. The point that yields the highest value for the objective function represents the optimal values of x, y.
E) To solve the problem in Excel using Solver, you can set up the objective function, constraints, and decision variables in separate cells. Then, you can use Solver to maximize the objective function while satisfying the constraints.
Learn more about feasible region here
https://brainly.com/question/29314086
#SPJ11
Jane owns a confectionary company which has been selling Lollipops since it started operations 10 year ago. However recently, the company has added a second product, Jellybabies. Jane has a modern production facility which relies more on machines and less on workers to produce her products. Jane's Confectionary (JC) has a capacity of 900 machine hours per month. These machines can produce both products. JC uses machine hours as the allocation base for manufacturing overhead. Direct labour is a variable cost where workers are paid $15 per hour. JC has demand for a total of 6,000 batches of lollipops and 8,000 batches of jellybabies per month. This level of demand (along with selling price and costs) is not expected to change anytime soon. Demand for JC's products is made up of many customers that purchase both products from the company. JC's selling price and associated costs per batch of lollipops and jellybabies are as follows: Lollipops Jellybabies Selling price per batch $54.00 $28.50 Costs per batch: Direct materials $5.25 $2.50 Direct Labour ($15/hour) $13.00 $1.50 Fixed manufacturing overhead cost $2.50 $5.00 Variable selling and admin cost $15.00 $3.00 Total Costs per batch $35.75 $12.00 Profit per batch $18.25 $16.50 Number of machine hours required to produce each batch 0.05 hours 0.1 hours Question 30 2 pts Based on a combination of quantitative and qualitative factors, JC has decided to priortise Lollipops over Jellybabies. JC has come across an opportunity to lease a machine for the upcoming month only (i.e., for 1 month only). This machine is a specialised machine that produces Jellybabies only. It can produce up to 1,000 batches of Jellybabies during the month. What is the highest amount that JC would be willing to pay to lease this machine for a month i.e., the amount at which JC will be indifferent between leasing and not leasing the machine? Assume there are no other costs involved in operating the machine other than the cost to lease this machine. Consider quantitative factors only. Show all calculations. Question 31 4 pts Similar to the previous question, JC has decided to prioritise Lollilops over Jellybabies (based on a combination of qualitative and quantitative factors). JC has turned down the opportunity to rent the machine described in the previous question. JC now has another opportunity to lease another machine for the upcoming month (i.e., for 1 month only). This machine is a specialised machine that produces Lollipops only. It can produce up to 5,000 batches of Lollipops during the month. The owner of this machine wants JC to pay $45,000 to lease this machine. Should JC lease this machine for $45,000? Assume there are no other costs involved in operating the machine other than the cost to lease this machine. Explain. Consider quantitative factors only. Show all calculations.
JC would be willing to pay up to $12,000 to lease the specialized machine for Jellybabies production for one month.
JC's highest amount of willingness to pay for leasing the specialized machine can be calculated by considering the contribution margin of Jellybabies and the number of batches the machine can produce. The contribution margin is the selling price minus the variable costs per batch.
For Jellybabies, the contribution margin per batch is $16.50 ($28.50 - $12.00). Since the machine can produce up to 1,000 batches, the total contribution margin from using the machine is $16,500 ($16.50 × 1,000).
However, the machine hours required to produce each batch of Jellybabies is 0.1 hours. Since JC's production capacity is 900 machine hours per month, the machine can only be operated for 90 hours (900 machine hours ÷ 0.1 hours per batch).
To find the highest amount JC is willing to pay, we need to determine the contribution margin per hour of machine operation. It can be calculated by dividing the total contribution margin by the number of machine hours: $16,500 ÷ 90 hours = $183.33 per hour.
Therefore, JC would be willing to pay up to $12,000 ($183.33 per hour × 65 hours, assuming the machine operates for 65 hours in the month) to lease the specialized machine for Jellybabies production.
Learn more about production
brainly.com/question/31859289
#SPJ11
Jason Easton is a member of the support/decision team for the San Diego branch
of Express Car Rental. He created a worksheet to keep track of weekly rentals in
an attempt to identify trends in choices of rental vehicles, length of rental, and
payment method. This spreadsheet is designed only for Jason and his supervisor
to try and find weekly trends and possibly use this information when marketing
and forecasting the type of cars needed onsite. The data for the dates of rental,
daily rates, payment method, and gas option has already been entered.
Jason Easton is a member of the support/decision team for the San Diego branch of Express Car Rental. He created a worksheet to keep track of weekly rentals in an attempt to identify trends in choices of rental vehicles, length of rental, and payment method.
This spreadsheet is designed only for Jason and his supervisor to try and find weekly trends and possibly use this information when marketing and forecasting the type of cars needed onsite. The data for the dates of rental, daily rates, payment method, and gas option has already been entered.
Jason Easton's Excel worksheet tracks weekly rentals for the Express Car Rental office in San Diego to help the company identify trends in vehicle choices, rental duration, and payment method, as well as to provide insight for marketing and forecasting.
To know more about member visit:
https://brainly.com/question/15840117
#SPJ11
Using appropriate examples, explain the following project
management tools:
A Work Breakdown Structure
A Work Breakdown Structure (WBS) is a project management tool that breaks down a project into manageable and hierarchical components, allowing for better planning, organization, and control. Few examples of how a WBS can be used:
Construction Project: In a construction project, a WBS can be created to break down the project into various levels and sub-levels. For example, at the highest level, the project could be divided into phases such as site preparation, foundation, structural work, MEP (mechanical, electrical, plumbing), interior finishes, and landscaping.
Software Development Project: In a software development project, a WBS can be used to divide the project into functional areas or modules. For instance, at the highest level, the WBS could include modules such as user interface, database, backend logic, and testing. Each module can then be broken down into specific tasks or features.
Event Planning: In event planning, a WBS can be created to outline the various components and tasks involved in organizing the event. At the top level, the WBS could include categories such as venue selection, logistics, program planning, marketing and promotion, and budget management.
Overall, a Work Breakdown Structure (WBS) is a valuable project management tool that provides a hierarchical breakdown of a project into smaller, more manageable components. It helps in defining the scope, assigning responsibilities, estimating resources, and tracking progress, thereby facilitating effective project planning and execution.
To learn more about, Work Breakdown Structure (WBS) , click here, https://brainly.com/question/32636813
#SPJ11
At the end of 2020, Teal Company has accounts receivable of $672,000 and an allowance for doubtful accounts of $33,600. On January 16, 2021, Teal Company determined that its receivable from Ramirez Company of $5,040 will not be collected, and management authorized its write-off.
A.What is the net amount expected to be collected of Teal Company’s accounts receivable after the write-off of the Ramirez receivable?
Net amount expected to be collected
The net amount expected to be collected of Teal Company's accounts receivable after the write-off of the Ramirez receivable is $666,960.
To calculate the net amount expected to be collected after the write-off of the Ramirez receivable, we need to subtract the amount of the Ramirez receivable from the total accounts receivable.
Net amount expected to be collected = Total accounts receivable - Ramirez receivable
Total accounts receivable = $672,000
Ramirez receivable = $5,040
Net amount expected to be collected = $672,000 - $5,040
Net amount expected to be collected = $666,960
Therefore, the net amount expected to be collected of Teal Company's accounts receivable after the write-off of the Ramirez receivable is $666,960.
Learn more about accounts here:
https://brainly.com/question/33068790
#SPJ11
details on how to solve please
The Bedroom Store accepts eash, personal checks, and two credit cards when customers buy merchandise. Withithe creat American Bank Card, The Bedroom Store recelves an immediate deposit in its checkong
When customers pay with cash or use the American Bank Card, The Bedroom Store receives immediate funds in its checking account.
However, when customers pay with personal checks or the other credit card, the funds may not be immediately available.
The Bedroom Store accepts cash, personal checks, and two credit cards as payment options for merchandise purchases.
When customers use the American Bank Card, the store receives an immediate deposit in its checking account.
To solve the problem, you need to understand the payment options available and their impact on the store's checking account.
1. Cash: Customers can pay with physical currency, such as bills and coins. The store can immediately deposit this cash into its checking account, ensuring immediate funds availability.
2. Personal checks: Customers can write a check from their personal bank account to pay for their purchases. The store can deposit these checks into its checking account.
However, it may take some time for the check to clear and for the funds to become available.
3. Credit cards: The store accepts two types of credit cards. When customers use the American Bank Card, the store receives an immediate deposit in its checking account.
The other credit card may have a different process for depositing funds, which should be clarified.
Learn more about checking accounts from the given link-
https://brainly.com/question/26181559
#SPJ11
We will debit the Cash account for $8,745 and credit the Accounts Receivable - United Merchants account for the same amount to clear the outstanding receivable balance. since United Merchants charges a 2% fee, we need to calculate the fee and record it as Credit Card Fee Expense. The fee is calculated as 2% of $8,745, which is $174.
To record the sales on March 15, we need to create journal entries for each type of payment received:
a. Sales for March 15:
- Cash and checks: $2,550
- Great American Bank Card (Deposited at the end of the day): $3,300
- United Merchants Card (Mailed at the end of the day): $2,100
First, let's record the cash and check sales. We will debit the Cash account and credit the Sales Revenue account for $2,550.
Journal entry:
Date: March 15
Description: Cash and checks sales
Debit: Cash ($2,550)
Credit: Sales Revenue ($2,550)
Next, let's record the Great American Bank Card sales. Since the bank charges a 5% fee, we need to calculate the fee and deduct it from the total sales amount. The fee is calculated as 5% of $3,300, which is $165. The remaining amount ($3,300 - $165 = $3,135) will be deposited into the checking account.
Journal entry:
Date: March 15
Description: Great American Bank Card sales
Debit: Cash ($3,135)
Debit: Credit Card Fee Expense ($165)
Credit: Sales Revenue ($3,300)
Lastly, let's record the United Merchants Card sales. Since United Merchants charges a 2% fee, we need to calculate the fee and deduct it from the total sales amount. The fee is calculated as 2% of $2,100, which is $42. The remaining amount ($2,100 - $42 = $2,058) will be recorded as Accounts Receivable - United Merchants because the payment will be received later.
Journal entry:
Date: March 15
Description: United Merchants Card sales
Debit: Accounts Receivable - United Merchants ($2,058)
Debit: Credit Card Fee Expense ($42)
Credit: Sales Revenue ($2,100)
To record the receipt of the check from United Merchants on March 20, we need to update the journal entries we made on March 15:
b. Received a check for $8,745 from United Merchants on March 20.
We will debit the Cash account for $8,745 and credit the Accounts Receivable - United Merchants account for the same amount to clear the outstanding receivable balance.
Journal entry:
Date: March 20
Description: Receipt of check from United Merchants
Debit: Cash ($8,745)
Credit: Accounts Receivable - United Merchants ($8,745)
Additionally, since United Merchants charges a 2% fee, we need to calculate the fee and record it as Credit Card Fee Expense. The fee is calculated as 2% of $8,745, which is $174.
Journal entry:
Date: March 20
Description: Receipt of check from United Merchants
Debit: Cash ($8,571)
Debit: Credit Card Fee Expense ($174)
Credit: Sales Revenue ($8,745)
These journal entries will accurately record the sales and receipt of the check from United Merchants, accounting for the fees charged by both the bank and United Merchants.
Learn more about Journal entry from given link: https://brainly.com/question/28390337
#SPJ11
complete question:
The Bedroom Store accepts eash, personal checks, and two credit cards when customers buy merchandise. Withithe creat American Bank Card, The Bedroom Store recelves an immediate deposit in its checking account when credit card sales slips are deposited at the bank. The bank charges a five percent fee. With the United Merchants Card, The Bedroom Store mails the credit card sales slips to United Merchants’ regional processing center each day. United Merchants accumulates these slips for three days and then mails a check to The Bedroom Store, after deducting a two percent fee. Prepare journal entries to record the following:
a. Sales for March 15 were as follows:
Cash and checks: $2,550
Great American Bank Card (Deposited at the end of the day):3,300
United Merchants Card (Mailed at the end of the day):2,100
$7,950
b.Received a check for $8,745 from United Merchants on March 20.
a.
General Journal
Date -Description -Debit- Credit
Mar.15 Cash Answer Answer
Accounts Receivable - United Merchants Answer Answer
AnswerCashAccounts Receivable - United MerchantsCredit Card Fee ExpenseSales Revenue -Answer- Answer
AnswerCashAccounts Receivable - United MerchantsCredit Card Fee ExpenseSales Revenue -Answer -Answer
To record cash and credit card sales.
b.
General Journal
Date -Description- Debit- Credit
Mar.20 AnswerCashAccounts Receivable - United MerchantsCredit Card Fee ExpenseSales Revenue -Answer -Answer
AnswerCashAccounts Receivable - United MerchantsCredit Card Fee ExpenseSales Revenue -Answer- Answer
To record receipt of check from United Merchants.
2. A) P2 decreases, how does impact Q2 ? Explain Income effect and Substitution effect from the relationship between Q1 and Q2 and indifferent curve I0 และ I1 B) P2 increases, how does impact Q2 ? Explain Income effect and Substitution effect from the relationship between Q1 and Q2 and indifferent curve I0 และ I1 (10 points)
A) When P2 decreases, it leads to an ambiguous impact on Q2.
The impact of a decrease in P2 on Q2 is ambiguous.
When the price of good 2 (P2) decreases, the relationship between Q1 and Q2 depends on the relative magnitudes of the income effect and substitution effect.
The income effect refers to the change in quantity demanded of a good due to a change in purchasing power resulting from a change in price. If P2 decreases, it implies that consumers have more purchasing power, which can lead to an increase in the quantity demanded of both goods, Q1 and Q2. This would be the income effect.
On the other hand, the substitution effect occurs when consumers switch to a relatively cheaper good when its price decreases compared to other goods. In this case, if P2 decreases, consumers may choose to consume more of good 2 (Q2) because it has become relatively cheaper compared to good 1 (Q1). This would be the substitution effect.
The overall impact on Q2 depends on the relative strength of these effects. If the income effect dominates, the quantity demanded of Q2 will increase. If the substitution effect dominates, the quantity demanded of Q2 will decrease.
Therefore, when P2 decreases, the impact on Q2 is ambiguous and depends on the relative strength of the income effect and substitution effect.
B) When P2 increases, it leads to a decrease in Q2.
An increase in P2 leads to a decrease in Q2.
When the price of good 2 (P2) increases, it affects the relationship between Q1 and Q2 through the income effect and substitution effect.
The income effect arises because an increase in P2 reduces the consumer's purchasing power, assuming the consumer's income remains constant. As a result, consumers tend to consume less of both goods, including a decrease in the quantity demanded of Q2.
The substitution effect occurs when consumers switch to a relatively cheaper good when its price increases compared to other goods. In this case, if P2 increases, consumers may choose to consume less of good 2 (Q2) because it has become relatively more expensive compared to good 1 (Q1).
The combined impact of the income effect and substitution effect is a decrease in the quantity demanded of Q2 when P2 increases.
Therefore, when P2 increases, it leads to a decrease in Q2.
Learn more about ambiguous.
brainly.com/question/32915566
#SPJ11
Assume an Australian FI has a foreign exchange closing position of ¥400000000 and further assume that the exchange rate is 105 ¥ /AUD. What is the delta of this position? Give your answer rounded to the nearest whole number.
The delta of this foreign exchange closing position is 3,810,000 AUD (rounded to the nearest whole number).
To calculate the delta of the position, we need to multiply the foreign exchange closing position by the exchange rate. In this case, the closing position is ¥400,000,000 and the exchange rate is 105 ¥/AUD.
Delta = Closing position * Exchange rate
Delta = 400,000,000 * 1/105
Delta = 3,809,523.81 AUD.
Rounding this value to the nearest whole number, the delta of the position is 3,810,000 AUD.
The delta represents the change in value of the position for a one-unit change in the underlying currency. In this scenario, the delta indicates that the position would increase by approximately 3,810,000 AUD if the exchange rate were to increase by one unit (105 to 106 ¥/AUD), and vice versa.
To learn more about exchange rate, click here: https://brainly.com/question/32344536
#SPJ11
In the context of managing cash and cash equivalent, the concept of float is the time lag or delay between the moment of disbursement of funds on the part of the customer and the moment of receipt of funds on the part of the seller. O a. True b. False
The given statement is true. In the context of managing cash and cash equivalent, the concept of float is the time lag or delay between the moment of disbursement of funds on the part of the customer and the moment of receipt of funds on the part of the seller.
It is the delay between the time of payment and the availability of the fund to the recipient. Float is generally measured in terms of days.Float is a crucial component of cash management for any business. It is important to monitor the flow of cash and manage float in order to have control over cash flow and to avoid cash deficits. A company can reduce the float by speeding up the processing of checks and automating the check handling process.
Float can also be controlled through cash concentration. This is the process of collecting cash from dispersed locations and depositing it into one centralized account. It helps to speed up the availability of funds to the business.A company can also use electronic payment methods, such as electronic funds transfer (EFT), to reduce float. Electronic payments are faster and more efficient than paper checks, and they help to reduce the time lag between payment and receipt of funds.
To know more about concentration visit;
https://brainly.com/question/13872928
#SPJ11
Chen created a grantor trust in 2016 and obtained an employer identification number (EIN). He passed away on October 19, 2021. His personal representative is the trustee of his testamentary trust and the personal representative of his estate. The personal representative will need to:
A)Apply for an EIN for the estate and keep the grantor trust EIN for the testamentory trust.
B)Apply for one new EIN for both the estate and the testamentory trust.
C)Keep the same EIN for both his estate and the testamentory trust.
D)Obtain a separate EIN upon Chen's death for the estate and the testamentory trust.
PLEASE help with homework...
The personal representative will need to obtain a separate EIN upon Chen's death for the estate and the testamentary trust. So, the correct answer is D.
In this scenario, Chen created a grantor trust in 2016 and obtained an EIN for it. However, upon Chen's death, his personal representative becomes the trustee of the testamentary trust and the personal representative of his estate.
Since the grantor trust and the testamentary trust are separate entities with different purposes and responsibilities, it is necessary to obtain a new Employer Identification Number (EIN) for the testamentary trust. The testamentary trust is created upon Chen's death and is a separate legal entity from the grantor trust.
Additionally, the personal representative will also need to apply for an EIN for the estate. The estate represents the assets, debts, and obligations of the deceased individual and requires its own EIN for tax and administrative purposes.
Therefore, the correct answer is D) Obtain a separate EIN upon Chen's death for the estate and the testamentary trust. Each entity, the estate and the testamentary trust, should have its own unique EIN to fulfill the necessary legal and tax requirements.
For more questions on testamentary trust
https://brainly.com/question/30026906
#SPJ8
Which of the following are determinants of labor supply? In
structions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. a. Output prices b. Other opportunities c. Population d. Culture d. Technology
The Determinants of labor supply are the factors that influence the decision of individuals to work or not work. Some of the determinants of labor supply include output prices, other opportunities, population, culture, and technology.
Output prices are the prices that firms receive for the goods and services they produce. If the output prices are high, firms can afford to hire more workers and pay them higher wages. This, in turn, increases the labor supply. If output prices are low, firms may not be able to hire as many workers, and this may reduce the labor supply.Other opportunities refer to the alternative sources of employment available to workers. If there are many other opportunities available, workers may be less likely to work for a particular firm or industry. This can reduce the labor supply.Population refers to the number of people in a particular region or country. If the population is high, there are more potential workers available. This can increase the labor supply. Culture refers to the norms, values, and beliefs of a particular society. Different cultures may have different attitudes towards work and leisure. For example, some cultures may place a high value on hard work, while others may value leisure time more. These attitudes can influence the labor supply.Technology refers to the tools, machines, and techniques used to produce goods and services. Advancements in technology can increase productivity and make it easier for workers to perform their jobs. This can increase the labor supply.
For more such questions on factors
https://brainly.com/question/16755022
#SPJ8
You are the research and development manager for ABC Batteries Technologies which is a new venture that is responding to current blackouts by Eskom and developing new-generation lithium-ion batteries. The venture has not decided on how R\&D should be organized. The Managing Director has asked you to prepare a report on how to organize the R\&D function at ABC Batteries Technologies. (a) Propose how the R\&D function should be organized taking into consideration centralization and decentralization, recruitment and other considerations (15) (b) Propose the R\&D organization for ABC Batteries Technologies
To organize the R&D function at ABC Batteries Technologies, we need to consider centralization, decentralization, recruitment, and other factors.
(a) Centralization and decentralization: Centralization involves consolidating decision-making authority in one central department, while decentralization distributes decision-making across various departments. Considering the need for innovation and agility in R&D, a more decentralized approach is recommended. This allows for quicker decision-making, fosters creativity, and encourages collaboration among teams.
(b) Recruitment: Hiring the right talent is crucial for a successful R&D organization. Look for individuals with expertise in lithium-ion battery technology, materials science, electrical engineering, and related fields. Consider partnering with universities and research institutions to attract top talent. Encourage a diverse workforce to bring in fresh perspectives and ideas.
(c) Other considerations: Establish clear goals and objectives for the R&D function, aligning them with the company's overall strategy. Create cross-functional teams to enhance collaboration and knowledge-sharing. Provide sufficient resources and infrastructure to support research activities. Implement a robust project management system to track progress and ensure timely completion of projects.
(d) Proposed R&D organization: ABC Batteries Technologies could adopt a matrix structure where R&D personnel are assigned to both functional and project teams. This allows for functional expertise while promoting collaboration across projects. A dedicated R&D department should be established, headed by a Chief Technology Officer or R&D Manager.
Therefore this department should have close ties with other departments like Production, Marketing, and Sales to ensure alignment and maximize the impact of R&D efforts.
Learn more about recruitment from the given link.
https://brainly.com/question/30352889?
#SPJ11
Based on the text, which type of health insurance plan provides the most flexible coverage? A: a preferred provider organization (PPO) plan B: a high deductible health plan C: a point of service plan D: a health maintenance organization (HMO) plan Base on the 2021 1040 tax schedule (in FORM 1040), the applicable tax for an unmarried individual (i.e. "single") with taxable income of $75,300 is: A: $12,309 B: $12,320 C: $12,362 D: $12,351 The Social Security payroll tax applied to the income of a non-self employed salaried employee earning $150,000 is: A: 12.40% on a portion of the $150,000. B: 6.20% on a portion of the $150,000. C: 12.40% on all income. D: 6.20% on all income.
A: A preferred provider organization (PPO) plan provides the most flexible coverage among the given options.
B: The applicable tax for an unmarried individual with a taxable income of $75,300 is D: $12,351.
C: The Social Security payroll tax applied to the income of a non-self-employed salaried employee earning $150,000 is A: 12.40% on a portion of the $150,000.
A: A preferred provider organization (PPO) plan is known for its flexibility in healthcare coverage. PPO plans offer a network of preferred healthcare providers but also allow individuals to seek medical care outside the network.
There is more freedom to choose doctors and specialists without needing a referral, making it the most flexible option among the given choices.
B: To determine the applicable tax for an unmarried individual with a taxable income of $75,300, one would refer to the 2021 1040 tax schedule.
According to the tax schedule, the applicable tax for this individual is D: $12,351. This is the amount calculated based on the tax brackets and rates specified in the tax schedule.
C: The Social Security payroll tax is applied to the income of non-self-employed salaried employees. For an individual earning $150,000, the Social Security payroll tax rate is 12.40%.
However, it is important to note that the tax is not applied to all income. It is only applied to a portion of the income up to the Social Security wage base, which is subject to annual adjustments. Therefore, the correct answer is A: 12.40% on a portion of the $150,000.
These explanations highlight the factors that determine the flexibility of health insurance coverage and the calculation of applicable taxes based on the given income and tax schedule.
To learn more about, preferred provider organization:-
brainly.com/question/28198035
#SPJ11
Ongoing monitoring of a borrower involves all of the following activities except:
A. Assessing the financial ratios of the borrower to identify the impact on credit risk
B. Reviewing the borrower's financial statements regularly.
C. Assigning a new borrower risk rating.
D. Evaluating the impact of changes in a borrower's business industry and management team on the repayment capacity.
The correct option is option(c). Ongoing monitoring of a borrower does not involve assigning a new borrower risk rating.
Ongoing monitoring of a borrower is an essential part of managing credit risk. It involves regularly assessing the borrower's financial health and ability to repay the loan. This includes activities such as assessing financial ratios to gauge the borrower's credit risk and the impact on their repayment capacity. Reviewing the borrower's financial statements on a regular basis helps in tracking their financial performance and identifying any potential red flags.
Evaluating the impact of changes in the borrower's business industry and management team is also crucial to understanding their repayment capacity. Changes in the industry dynamics or management team can significantly affect the borrower's ability to generate cash flows and meet their financial obligations.
However, assigning a new borrower risk rating is typically done during the initial credit assessment and may not be a part of ongoing monitoring. The risk rating is usually assigned at the beginning of the lending relationship to determine the appropriate level of risk and pricing for the loan. Therefore the correct option is c.
Learn more about financial health here:
https://brainly.com/question/31439808
#SPJ11
Coral Corporation began operating as a business in 2020. During January 2020, the company paid $300,000 in design costs to develop its trademark and $250,000 in legal and registration fees to secure the trademark. During October 2020, the company successfully defended its trademark, paying an additional $150,000 in legal fees during the process. At what amount should Coral Corporation report its trademark on its December 31, 2020 balance sheet?
o $700,000
o $550,000
o $400,000
o $150,000
The amount that Coral Corporation should report its trademark on its December 31, 2020 balance sheet is $400,000.
Coral Corporation should report its trademark on its December 31, 2020 balance sheet at $400,000. To determine the amount to report the trademark, we need to consider the costs incurred for its development, legal and registration fees, and the legal fees for defending the trademark. The design costs of $300,000 paid in January 2020 for developing the trademark should not be capitalized as an asset because they are considered expenses incurred before the trademark is acquired or developed.
The legal and registration fees of $250,000 paid in January 2020 to secure the trademark should be capitalized as part of the trademark's cost. Therefore, the initial cost of the trademark is $250,000. The additional legal fees of $150,000 paid in October 2020 for successfully defending the trademark should be expensed as incurred since they relate to maintaining and protecting the trademark rather than acquiring or developing it.
Therefore, the total cost to be reported for the trademark on the December 31, 2020 balance sheet is $250,000. This represents the amount paid for legal and registration fees to secure the trademark. Hence, the correct answer is $400,000.
To learn more about balance sheet click here:
brainly.com/question/33094018
#SPJ11
if a stock earned returns of 9%, 12%, and 18% over the last
three years, what is the standard deviation of returns?
a. 21%
b. 3.33%
c. 6.48%
d. 4.58%
e. 5.67%
The standard deviation of returns is approximately 3.74%. To calculate the standard deviation of returns, we need to follow a step-by-step process.
1. Calculate the average return:
- Add up the returns for each year: 9% + 12% + 18% = 39%
- Divide the sum by the number of years: 39% / 3 = 13%
2. Calculate the deviation of each return from the average:
- For the first year, the deviation is 9% - 13% = -4%
- For the second year, the deviation is 12% - 13% = -1%
- For the third year, the deviation is 18% - 13% = 5%
3. Square each deviation:
- For the first year, the squared deviation is (-4%)^2 = 16%
- For the second year, the squared deviation is (-1%)^2 = 1%
- For the third year, the squared deviation is (5%)^2 = 25%
4. Calculate the average of the squared deviations:
- Add up the squared deviations: 16% + 1% + 25% = 42%
- Divide the sum by the number of years: 42% / 3 = 14%
5. Take the square root of the average squared deviation to get the standard deviation:
- Square root of 14% = 3.74%
to know about standard deviation visit:
https://brainly.com/question/29115611
#SPJ11
5.If the euro interest rate is 5%, the USD interest rate is 6%, then A )the investor should only invest in USD. B) the investor should only invest in Euro. C)invest only in USD if the exchange rate is
The investor should evaluate both the interest rate differentials and the exchange rate to make an informed decision (C).
To determine the best investment choice between the Euro (EUR) and the US Dollar (USD) given their respective interest rates of 5% and 6%, we need to consider the impact of the exchange rate.
The interest rate differential between two currencies is an essential factor in attracting investors. A higher interest rate tends to attract more investment as it offers potentially higher returns. In this case, the USD interest rate of 6% is higher than the Euro's 5%, making it initially seem like a better choice.
In conclusion, we cannot definitively determine the best investment choice without considering the exchange rate. If the exchange rate is favorable for the investor, i.e., the USD is strong against the Euro, then investing in USD would likely be more beneficial due to the higher interest rate. However, if the exchange rate is unfavorable, the investor might consider investing in Euros to avoid potential losses during the currency conversion. Hence, without knowledge of the exchange rate, it is not possible to give a definitive answer (A or B).
Option C is the right answer.
For more such questions on investor
https://brainly.com/question/30130634
#SPJ8
You make 20 widgets an hour. You have unlimited demand. You sell widgets at $20 each. Your factory has a fixed cost of $1200 per day. The raw materials for each widget costs $2. Your labor costs are $50 per hour. Assume your process runs all 24 hours of each day.
What is your cycle time?
What is your fixed cost per widget?
What is your variable cost per widget?
What is your profit per widget?
A consultant showed you a new way to make widgets. Raw material cost would double. Your fixed cost would rise to $1600 per day. But cycle time will be reduced to 2 minutes per widget. Should you do this?
What is your fixed cost per widget?
What is your variable cost per widget?
What is your profit per HOUR?
Cycle time is the time it takes to complete one unit of production. In this case, you make 20 widgets per hour, which means it takes 3 minutes to make one widget. Therefore, your cycle time is 3 minutes per widget.
2. Fixed cost per widget is calculated by dividing the total fixed cost by the total number of widgets produced. In this case, the fixed cost is $1200 per day, and you produce 20 widgets per hour, which is 480 widgets per day (20 widgets/hour * 24 hours/day). Dividing the fixed cost ($1200) by the number of widgets (480), the fixed cost per widget is $2.50.
3. Variable cost per widget is the cost that varies with the level of production. In this case, the raw material cost per widget is $2.
The labor cost per widget is $50 per hour, and since you produce 20 widgets per hour, the labor cost per widget is $2.50 (50/20). Adding the raw material cost and labor cost, the variable cost per widget is $4.50.
4. Profit per widget is calculated by subtracting the variable cost per widget from the selling price per widget. In this case, the selling price per widget is $20 and the variable cost per widget is $4.50.
Therefore, the profit per widget is $15.50.
5. If you adopt the new way to make widgets, the cycle time will be reduced to 2 minutes per widget. This means you can produce 30 widgets per hour (60 minutes/hour divided by 2 minutes per widget).
However, the raw material cost per widget will double to $4, and the fixed cost per day will increase to $1600.
6. The new fixed cost per widget can be calculated by dividing the new fixed cost ($1600) by the number of widgets produced per day (30 widgets/hour * 24 hours/day). This gives us a fixed cost per widget of $2.22.
7. The new variable cost per widget can be calculated by adding the increased raw material cost ($4) and the labor cost per widget ($2.50). This gives us a variable cost per widget of $6.50.
8. To calculate the profit per hour, we multiply the profit per widget ($15.50) by the number of widgets produced per hour (30 widgets/hour). This gives us a profit per hour of $465.
Therefore, by adopting the new way to make widgets, you would have a lower cycle time, but your variable cost per widget would increase and your fixed cost per widget would decrease.
However, your profit per hour would increase significantly from $310 (20 widgets/hour * $15.50 profit per widget) to $465 (30 widgets/hour * $15.50 profit per widget).
To know more on Profit visit:
https://brainly.com/question/32864864
#SPJ11
6. Suppose the demand function for a firm’s product is given by
the following: Qxd = 20 – 1.5Px + 2Py -2.5Pz + 6Income
Where, Px = $10
Py = $8
Pz = $5
Income = $10,000
Show work. (20 marks)
a) Giv
When Px = $10, Py = $8, Pz = $5, and Income = $10,000, the quantity demanded is approximately 60,068.5 units.
The given demand function is Qxd = 20 – 1.5Px + 2Py - 2.5Pz + 6Income, where Px represents the price of the firm's product, Py represents the price of another product, Pz represents the price of a third product, and Income represents the income of the consumers. Additionally, Px = $10, Py = $8, Pz = $5, and Income = $10,000.
To calculate the quantity demanded (Qxd), we substitute the given values into the demand function:
Qxd = 20 – 1.5($10) + 2($8) - 2.5($5) + 6($10,000)
= 20 – 15 + 16 - 12.5 + 60,000
= 68.5 + 60,000
= 60,068.5
Therefore, the quantity demanded for the firm's product is 60,068.5 units.
In summary, when the price of the firm's product is $10, the price of the other product is $8, the price of the third product is $5, and the consumer income is $10,000, the quantity demanded for the firm's product is approximately 60,068.5 units.
Learn more about demanded
brainly.com/question/29703449
#SPJ11
Priya Corporation acquired 70 percent of Sheldon Company on January 1, 2021 for $560,000 cash. The fair value of the other 30 percent ownership interest is estimated to be $240,000. ADDITIONAL INFORMATION: The book value of Sheldon's net assets on the date of acquisition was $620000. All book values were equal to their fair values, except for the following:
1. Inventory was overvalued by $34000. 2. Land was undervalued by $28000.
3. Equipment, net was undervalued by $23200. THE ACQUISITION DATE INVESTMENT ANALYSIS WOULD INCLUDE EXCESS VALUE (DIFFERENTIAL) IN THE AMOUNT OF: 1 NOTE: BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE 1000 INSTEAD OF $1,000. Your Answer: Answer
The excess value (differential) in the acquisition date investment analysis is $196,200.
To calculate the excess value or differential in the acquisition date investment analysis, we need to consider the fair value of the acquired net assets and compare it to the book value.
Given:
Priya Corporation acquired 70% of Sheldon Company for $560,000 cash.
The fair value of the other 30% ownership interest is estimated to be $240,000.
The book value of Sheldon's net assets on the date of acquisition was $620,000.
Inventory was overvalued by $34,000.
Land was undervalued by $28,000.
Equipment, net was undervalued by $23,200.
To calculate the excess value, we need to adjust the book value of Sheldon's net assets for the overvalued and undervalued items:
Adjusted book value of net assets = Book value of net assets + Overvaluation - Undervaluation
Adjusted book value of net assets = $620,000 + $34,000 - $28,000 - $23,200
Adjusted book value of net assets = $603,800
Now, we can calculate the excess value or differential:
Excess value (differential) = Fair value of the acquired net assets - Adjusted book value of net assets
Excess value (differential) = ($560,000 + $240,000) - $603,800
Excess value (differential) = $800,000 - $603,800
Excess value (differential) = $196,200
Therefore, the excess value (differential) in the acquisition date investment analysis is $196,200.
Learn more about investment here:
https://brainly.com/question/17252319
#SPJ11
Weighted moving average forecasting is suited particularly well for what kind(s) of data sets? Select one: a. With linear trend
b. Stable/stationary series c. Seasonal data d. None of the other choices
Weighted moving average forecasting is suited particularly well for data sets with linear trends.
Weighted moving average forecasting is a method used to predict future values based on historical data. It involves assigning different weights to different periods within the data set, with more recent data points typically given higher weights. This allows the forecast to be influenced more by recent trends and patterns. Weighted moving average forecasting is particularly useful for data sets with a linear trend, where there is a consistent and steady increase or decrease over time. By assigning appropriate weights to the data points, the forecast can capture and reflect the underlying linear trend accurately. On the other hand, weighted moving average forecasting may not be as well-suited for stable or stationary series, where the data points exhibit little or no trend or significant fluctuations. In such cases, other forecasting methods, such as simple moving average or exponential smoothing, may be more appropriate. Weighted moving average forecasting is also not specifically designed for seasonal data, where there are regular and predictable patterns repeating over specific time periods. Seasonal forecasting techniques, such as seasonal decomposition or seasonal autoregressive integrated moving average (SARIMA), are better suited for capturing and forecasting seasonal patterns in the data. Therefore, among the given choices, weighted moving average forecasting is best suited for data sets with a linear trend.
learn more about SARIMA here:
https://brainly.com/question/30167588
#SPJ11
Identify the tangible and intangible costs and benefits
This project is very exciting for everyone working on the project, as it aligns very well with the goals of
the organization which has a key measurement to increase student retention. Systems developers have
grown very bored and discouraged working on the old systems and would welcome a chance to be
innovative, creative and current. Students are also very excited about the prospects of being able to
fully utilize information on the go, but all students may not have access to mobile devices, so both
systems would need to be maintained for at least a year. The students who use mobile devices state
that they would have more current information, stored in "the cloud", when they meet with their
advisors which would reduce stress and the time they must spend in meetings. Many "old school"
administrators are not keen on the project as they do not trust new technology and feel this is being
pushed on them. In the past, projects involving new technologies have slipped past due dates, and
students have been upset that promises are not met. There is a big risk that the project may not be
delivered in the time, whereas the legacy project would be of less risk.
It is estimated that the project will require $52,500 to start the work (year 0).
For each year after (years 1-3) the following must be considered.
• Consulting Fee (cost) to support new applications: $6,500 per year for years 1 and 2, dropping to
$6,000 for year 3.
• User Training costs: $10,000 in year 1; $5,000 in year 2; $3,000 in year 3
• Cloud computing costs: $7,000 in year 1, increasing 10% each subsequent year.
• Student retention benefit: $2,000 in year 1. Increasing 5 times in year 2 to $10,000. Increasing again in year 3 to $25,000.
• Reduction of employee turnover estimated cost savings of $7,000 per year in year 1, $10,000 in year 2 and increasing to $15,000 in year 3.
• Reduction of printing costs (savings) of $15,000 in years 1, and increasing to $24,000 in years 2 and 3.
• Expected saving in add on software of $4,000 per year for years 2 and 3.
To identify the tangible and intangible costs and benefits of the project, let's break down the information provided:
Tangible Costs:
1. Consulting Fee: The project requires a consulting fee of $6,500 per year for years 1 and 2, dropping to $6,000 for year 3.
2. User Training Costs: The project incurs user training costs of $10,000 in year 1, $5,000 in year 2, and $3,000 in year 3.
3. Cloud Computing Costs: The project incurs cloud computing costs of $7,000 in year 1, increasing by 10% each subsequent year.
4. Expected Saving in Add-on Software: The project expects a saving of $4,000 per year for years 2 and 3.
Intangible Costs:
1. Risk of Project Delay: There is a risk that the project may not be delivered on time.
2. Resistance from "Old School" Administrators: Some administrators may resist the project due to a lack of trust in new technology.
Tangible Benefits:
1. Student Retention Benefit: The project offers a student retention benefit of $2,000 in year 1, increasing to $10,000 in year 2, and further increasing to $25,000 in year 3.
2. Reduction of Employee Turnover: The project estimates cost savings of $7,000 in year 1, $10,000 in year 2, and increasing to $15,000 in year 3.
3. Reduction of Printing Costs: The project realizes savings of $15,000 in year 1, increasing to $24,000 in years 2 and 3.
Intangible Benefits:
1. Increased Motivation for System Developers: The project offers an opportunity for system developers to be innovative, creative, and up-to-date, reducing boredom and discouragement.
2. Improved Accessibility for Students: Students are excited about the prospects of being able to fully utilize information on the go, reducing stress and meeting time.
Overall, the tangible costs of the project include consulting fees, user training costs, cloud computing costs, and expected savings in add-on software.
To know more on Tangible cost visit:
https://brainly.com/question/33458271
#SPJ11
The Edsel Auto Parts Warehouse in Bluefield, West Virginia, has requested that a new layout be designed for their main warehouse located in metro- politan Bluefield. The warehouse has 10 major activity "centers." The current building has the dimensions of 150 by 225 feet. Other pertinent data are summarized in Figure P2.28. Using SLP, design a layout to be contained in the current building. Activity Area Office 1,250 Counter 2,500 Parts bins 10,000 Muffler bins 2,500 Tailpipe racks 6,250 Paint room 3,000 Storage 5,000 Receiving 2,500 Lounge 500 Rest room 250 Figure P2.28 A E E O 4 O 0 2 - O 2 O 2 0 O 2 O 0 2 O O C O 2 + 2 O U + - O 2 - O 1 O O
The new layout for the Edsel Auto Parts Warehouse in Bluefield, West Virginia should be designed in a way that optimizes the flow and efficiency of the 10 major activity centers within the current building dimensions of 150 by 225 feet.
To design an efficient layout for the warehouse, several factors need to be considered. First, the layout should minimize the distance traveled by employees and equipment between the activity centers, reducing time and effort. Second, the layout should ensure smooth material flow, allowing for easy movement of parts and minimizing congestion. Finally, the layout should maximize space utilization, making the most of the available area.
Based on the provided data, the 10 major activity centers can be grouped and arranged strategically. For example, the office, counter, and lounge can be located near the entrance for easy customer access. The parts bins, muffler bins, and tailpipe racks should be placed close to each other to facilitate quick retrieval of items. The receiving area should be positioned near the storage area to streamline the process of unloading and storing new inventory. The paint room should be located away from other areas to minimize the impact of fumes and ensure a safe working environment.
By considering these factors and arranging the activity centers thoughtfully, the layout can be optimized to improve efficiency, reduce travel time, and enhance overall productivity in the Edsel Auto Parts Warehouse.
Learn more about dimensions
brainly.com/question/31106945
#SPJ11
