The given statement "Cost cutting can be approached from the across-the-board or selective cuts perspectives" is True. The given statement "A born global firm is a firm in which an organization chooses to go international from founding" is True.
Cost-cutting is the method of minimizing a firm's costs. This can be accomplished through a variety of methods, including reviewing business procedures, reorganizing, or layoffs. Companies may use either a selective or an across-the-board approach when it comes to cutting costs. Across-the-board cuts are typically cuts that apply to all departments and workers, whereas selective cuts are more tailored and affect only certain areas or individuals.
A born global firm is a firm in which an organization chooses to go international from founding. This statement is true. A born-global firm is a type of company that begins operating on a global scale right away. They are defined as businesses that are international from the beginning, that is, they start out with the intent of serving global markets from the beginning of their life cycle. Born-global firms are thought to have several unique characteristics that differentiate them from traditional global businesses.
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P23-2 (SCF�Indirect Method) The comparative balance sheets for Hinckley Corporation show the following information.
December 31
2014 2013
Cash $33,500 $13,000
Accounts receivable 12,250 10,000
Inventory 12,000 9,000
Investments 0 3,000
Building 0 29,750
Equipment 45,000 20,000
Patent 5,000 6,250
Totals $107,750 $91,000
Allowance for doubtful accounts $3,000 $4,500
Accumulated depreciation on equipment 2,000 4,500
Accumulated depreciation on building 0 6,000
Accounts payable 5,000 3,000
Dividends payable 0 5,000
Notes payable, short-term (nontrade) 3,000 4,000
Long-term notes payable 31,000 25,000
Common stock 43,000 33,000
Retained earnings 20,750 6,000
Totals $107,750 $91,000
Additional data related to 2014 are as follows:
1. Equipment that had cost $11,000 and was 40% depreciated at time of
disposal was sold for $2,500
2. $10,000 of the long-term note payable was paid by issuing common stock.
3. Cash dividends paid were $5,000
4. On January 1, 2014, the building was completely destroyed by a flood. Insurance proceeds on the
building were $30,000 (net of $2,000 taxes).
5. Investments (available-for-sale) were sold at $1,700 above their cost. The
company has made similar sales and investments in the past.
6. Cash of was paid for the acquisition of equipment.
7. A long-term note for $16,000 was issued for the acquisition of equipment.
8. Interest of $2,000 and income taxes of $6,500 were paid in cash.
Instructions:
Prepare a statement of cash flows using the indirect method. Flood damage is unusual and infrequent in that part of the country.
Hinckley Corporation's statement of cash flows using the indirect method is given below: HINCKLEY CORPORATION Statement of Cash Flows For the Year Ended December 31, 2014 Cash flows from operating activities: Net income $14,750 Additions to reconcile net income to net cash provided by operating activities.
The correct option is 7 .
Depreciation expense: Building $6,000 Equipment $13,500 Amortization expense: Patent $1,250 Loss on sale of equipment $4,500 Decrease in allowance for doubtful accounts $1,500 Decrease in accounts payable $2,000 Increase in dividends payable ($5,000) Increase in accounts receivable ($2,250) Increase in inventory ($3,000) Gain on sale of available-for-sale investments ($1,700).
Increase in notes payable, short-term (nontrade) ($1,000) Increase in long-term notes payable $6,000 Increase in common stock $10,000 Decrease in accumulated depreciation: Building $6,000 Equipment $2,500 Net cash provided by operating activities $40,550 Cash flows from investing activities: Proceeds from sale of equipment $2,500 Purchase of equipment ($18,000) Insurance proceeds received from flood damage to building $28,000 Proceeds from sale of available-for-sale investments $3,700 Net cash provided by (used in) investing activities $16,200 Cash flows from financing activities: Payment of cash dividends ($5,000) Issuance of long-term notes payable $16,000 Net cash provided by financing activities $11,000 Net increase in cash $67,750 Cash balance, January 1, 2014 $13,000 Cash balance, December 31, 2014 $80,750
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In our revamped model: Y = Co + C₁(Y-t) +lo+1₁(Y)-13(1) + G Which part would represent businesses expanding their product lines during a particularly strong economy? C1(Y-t) O 10 13(1) O 11(Y)
In the given model, the term C1(Y-t) represents businesses expanding their product lines during a particularly strong economy.The given model: Y = Co + C₁(Y-t) +lo+1₁(Y)-13(1) + GIn the above model,Y = national income (total output).
Co = autonomous expenditure.C₁(Y-t) = marginal propensity to consume (MPC) times disposable income (Y-t), where t is the tax rate.lo = investment.autonomous expenditure = Co + Io.1₁(Y) = (1 - t) × autonomous expenditure.13(1) = the sum of three items: government spending (G), net exports (NX), and taxes (tY).Thus, the term C1(Y-t) represents businesses expanding their product lines during a particularly strong economy. If the economy is growing, people have more disposable income to spend, which will encourage businesses to expand their product lines and increase production. In such cases, businesses will spend more on investing in the production of new goods and services. This increased investment will be reflected in the above model as C1(Y-t)
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Class no.: T I. Please circle on the True or Fault for the questions: (2 points) T 1. In order to be considered a manager, an individual must integrate and coordinate the work of others. T 2. An organization is considered as a closed system that has continuousely interactions with its environment. 3. An organization that has division of labor, clearly defined hierarchy, detailed rules, and impersonal relationships would be T described as a bureaucracy. including 4. Forecasting plays an important role for planning. 5. Human resources: management has four functions identifying human resources needs, attracting human resources, maintaining human resources and terminating the relationships between the employer and employees. T 6. According to Adam Smith, division of labor was an important concept. T 7. Self actualization is one of needs belong to low level in the Maslow's needs hierarchy theory.
Maslow's Hierarchy of Needs is a motivational theory in psychology that argues that human beings have various psychological, emotional, and physical requirements that must be met in order to live happy and fulfilling lives.
Maslow categorized these requirements into a hierarchy of five levels: physiological, safety, love/belonging, esteem, and self-actualization. Therefore, Self-actualization is one of the needs that belong to the high level in the Maslow's needs hierarchy theory.
In order to be considered a manager, an individual must integrate and coordinate the work of others - True
An organization is considered as a closed system that has continuously interactions with its environment - False
An organization that has division of labor, clearly defined hierarchy, detailed rules, and impersonal relationships would be described as a bureaucracy - True
Forecasting plays an important role for planning - True
Human resources: management has four functions identifying human resources needs, attracting human resources, maintaining human resources and terminating the relationships between the employer and employees - True
According to Adam Smith, division of labor was an important concept - True
Self-actualization is one of the needs belong to low level in the Maslow's needs hierarchy theory - False
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Alex participates in an aerobics class 5 times per week at 50% of his maximum heart rate for 20 minutes. If Ron wants to improve his cardiorespIratory endurance, he will need to increase:______
If Ron wants to improve his cardiorespiratory endurance, he will need to increase his exercise intensity, duration, and frequency. Cardiorespiratory endurance is defined as the body's ability to engage in prolonged, dynamic activity using large muscle groups. Alex participates in aerobics five times a week at 50% of his maximum heart rate for 20 minutes each day. It's a moderate-intensity exercise that will increase his cardiovascular endurance.
However, it's not enough to maximize his potential.Therefore, to improve cardiorespiratory endurance, Ron must increase exercise intensity, duration, and frequency. It can be accomplished by doing cardiorespiratory endurance activities such as running, biking, swimming, or doing high-intensity interval training (HIIT) workouts. HIIT training will aid Ron in increasing his cardiovascular endurance by pushing him to work at a higher intensity for a more extended period than moderate-intensity exercise. Ron should strive to exercise for at least 150 minutes per week, divided into five sessions of 30 minutes each, to increase his endurance. These 30-minute sessions can be split into smaller 10 or 15-minute increments throughout the day. In conclusion, Ron must increase his exercise intensity, duration, and frequency to improve his cardiorespiratory endurance.
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Suppose you hold a diversified portfolio worth $800,000 with 20 stocks. The beta of the portfolio is 1.2. Now you sold stock A worth $40,000 whose beta is 0.8, and bought stock Z worth $80,000 whose beta is 1.6. What is the beta of the new portfolio?
The beta of the new portfolio is 1.22. Hence, the correct option is (d) 1.22.
The new portfolio’s beta can be calculated by using the formula that measures the beta of a portfolio.
The formula is given as below;
Beta of a Portfolio = (Sum of beta of individual stocks * Weightage of the individual stocks)/100%
Therefore, the calculation will be as follows;
Given, Portfolio value = $800,000
Number of stocks in the portfolio = 20
The beta of the portfolio = 1.2
Stock A was sold for $40,000 and its beta = 0.8
Stock Z was purchased for $80,000 and its beta = 1.6
Firstly, we need to calculate the weightage of Stock A, which will be;
Weightage of Stock A = Value of Stock A / Total Portfolio Value = 40,000 / 800,000 = 0.05 = 5%
Secondly, we need to calculate the weightage of Stock Z, which will be;
Weightage of Stock Z = Value of Stock Z / Total Portfolio Value = 80,000 / 800,000 = 0.1 = 10%
After finding the weightages of the individual stocks, we can use the above formula to calculate the beta of the new portfolio;
New portfolio beta = (0.8 * 5% + 1.2 * (100% - 5% - 10%) + 1.6 * 10%) / 100%
New portfolio beta = (0.04 + 1.02 + 0.16) / 1
New portfolio beta = 1.22
Therefore, the beta of the new portfolio is 1.22. Hence, the correct option is (d) 1.22.
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Kramer co has net income (34%) tax rate of 1,500,00 for 2023 and an average number of shares outstanding during the year of 600,000 shares. The corporation issued 1,900,000 par value of 10 year 8.4% convertible bonds of January 1, 2021 at par. the convertible bonds are convertible to 70,000 shares of common stock. Compute BPS and diluted EPS.
Basic earnings per share (BPS) is calculated by dividing net income by the weighted average number of outstanding common shares during the year.
Diluted earnings per share (DPS) considers all potential dilutive securities. When a company has dilutive securities, its DPS is less than its BPS. The formula to compute basic earnings per share is as follows: Basic EPS = (Net income - Preferred dividends) / Weighted average common shares outstanding during the period Where, Net income is $1,500,000.
The formula to compute Diluted Earnings per share is as follows: Diluted EPS = (Net Income - Preferred Dividends + Convertible Preferred Dividends) / (Weighted Average Shares + Weighted Average of Potential Common Shares)In this problem, only convertible bonds are there to compute diluted EPS Convertible Bonds is 1,900,000 and convertible to 70,000 shares of common stock (Bond to stock conversion ratio = 1,900,000 / 70,000 = 27.14)
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Prepare journal entries to record the following August 2017 transactions of a hu required for a transaction/event.
Aug. 1 Joseph Eetok, the owner, invested $15.000 cash and photography equipment with a fair value of $52,000. 1 Rented a studio, paying $15,000 for the next three months in advance 5 Purchased office supplies for $2,300 cash. 20 Received $9,700 in photography revenue.
The following are the journal entries to record the August 2017 transactions of a photography studio:DateAccountTitleDebitCredit1-AugCash15,000Photography Equipment52,000Joseph Eetok,
Journal entry is the initial recording of all accounting transactions in the accounting records, which provides a complete record of each transaction. A journal entry usually includes at least one debit and one credit entry.
The journal entry is a primary source document for the accounting records that ensures that accounting transactions are correctly and accurately recorded. The transactions listed in the question are as follows:On August 1st, Joseph Eetok, the owner, invested $15,000 in cash and photography equipment with a fair value of $52,000. The journal entry for this transaction is: Debit: Cash - $15,000 Debit: Photography Equipment - $52,000 Credit: Joseph Eetok, Capital - $67,000 (Investment by the owner)On August 1st, the studio rented a studio and paid $15,000 for the next three months in advance. The journal entry for this transaction is: Debit: Prepaid Rent - $15,000 Credit: Cash - $15,000On August 5th, the studio purchased office supplies for $2,300 cash. The journal entry for this transaction is: Debit: Office Supplies Expense - $2,300 Credit: Cash - $2,300On August 20th, the studio received $9,700 in photography revenue. The journal entry for this transaction is: Debit: Cash - $9,700 Credit: Photography Revenue - $9,700Thus, the above are the journal entries to record the August 2017 transactions of a photography studio.
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What are the Cultural practices in organization of Grenada?
Write a paragraph with citations please include refernces
"Grenada, a Caribbean island nation known for its vibrant culture, has several cultural practices that are prevalent in organizational settings. One such practice is the emphasis on personal relationships and social connections within the workplace."
In Grenadian organizations, building strong interpersonal relationships is highly valued, and colleagues often take the time to socialize and get to know each other beyond their professional roles. This practice fosters a sense of camaraderie and teamwork, promoting collaboration and a positive work environment (Green, 2019).
Another notable cultural practice in Grenadian organizations is the respect for hierarchy and authority. Grenada has a hierarchical society, and this hierarchical structure extends to the workplace. Employees typically show deference to their superiors and follow established protocols and procedures. Decision-making often rests with those in positions of authority, and employees are expected to adhere to their instructions and guidance (Central Intelligence Agency, 2021).
Additionally, Grenadian organizations often prioritize work-life balance and leisure time. The concept of "liming" is deeply ingrained in Grenadian culture, referring to the practice of socializing and relaxing with friends and colleagues. This cultural practice is often incorporated into the workplace, where employees may take breaks together, engage in informal conversations, or participate in leisure activities during off-hours. This emphasis on leisure and relaxation helps create a harmonious work environment and contributes to overall employee well-being (The World Bank Group, 2021).
In conclusion, the cultural practices in the organizational setting of Grenada reflect the country's emphasis on personal relationships, respect for hierarchy, and the importance of work-life balance. These practices contribute to a positive and collaborative work environment, where colleagues support and engage with each other, adhere to established structures, and prioritize leisure time for overall well-being.
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Question 8 Sports Contracts
There are various specific sports-related clauses that exist within a contract. For example, the athlete can get a financial bonus in the event that spectators presence at events meets a minimum standard or average. This is known as the ___________ Clause. Blank 1
Question 10 Sports Torts
_____________ is the expression used to describe manner and method of reducing the likelihood of an injury in the context of sport. An organization must establish a safety checklist, evacuation plan, proper medical resources on-site, etc. ...Blank 1
The answers to the given question are as follows:
Question 8:
There are various specific sports-related clauses that exist within a contract. For example, the athlete can get a financial bonus in the event that spectators presence at events meets a minimum standard or average. This is known as the "attendance" Clause.
The attendance clause is designed to protect the team from incurring financial losses in case of low attendance during matches. It guarantees the team a minimum financial return for their investment in the sport.
Question 10:
"Risk management" is the expression used to describe the manner and method of reducing the likelihood of an injury in the context of sport. An organization must establish a safety checklist, evacuation plan, proper medical resources on-site, etc. to be able to address and manage any risks that might arise in the course of playing or watching sports.
Risk management includes identifying, analyzing, and evaluating the potential risks associated with an event or activity and implementing effective measures to reduce or mitigate those risks.
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8: The athlete can get a financial bonus in the event that spectators' presence at events meets a minimum standard or average. This is known as the Attendance Clause.
10: Risk Management is the expression used to describe the manner and method of reducing the likelihood of injury in the context of sport.
An attendance clause is a provision in a sports contract that allows an athlete to receive a financial bonus if the number of spectators at events meets a specific standard or average. This clause is common in sports contracts and is used to incentivize athletes to perform well in front of large crowds. An attendance clause is typically included in sports contracts to ensure that athletes are motivated to perform in front of large crowds. This clause helps teams attract more fans to games and increases revenue for the team. When more people attend games, the team makes more money, and athletes receive bonuses for their performance. An attendance clause is an essential component of sports contracts, and it helps ensure that teams and athletes are aligned in their goals to attract large crowds and perform well on the field. Risk management is the practice of identifying, assessing, and prioritizing risks that may affect an organization. In the context of sports, risk management involves identifying potential risks that may result in injuries to athletes, spectators, or others involved in sports events. A sports organization must establish a safety checklist, evacuation plan, proper medical resources on-site, etc., as part of its risk management strategy. This helps to reduce the likelihood of injuries and create a safer environment for athletes, spectators, and others involved in sports events. Risk management is critical in sports because it helps organizations reduce the potential for injuries and protect their athletes and others involved in sports events. By establishing a risk management strategy that includes safety checklists, evacuation plans, and other safety measures, organizations can reduce the likelihood of injuries and ensure that sports events are safe and enjoyable for everyone involved.
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Thomas is a graduate student who can afford only two varieties of food: canned beans and ramen noodles. If Thomas buys only one type of good he can afford either 100 packs of ramen noodles or 20 cans of beans. If the 10th pack of ramen yields Thomas a marginal utility of 20, what must be the marginal utility of the 6th can of beans for this to be the utility maximizing choice?
Thomas is maximizing his utility when the marginal utility of each good is equal. In this case, the marginal utility of the 10th pack of ramen is 20. Therefore, the marginal utility of the 6th can of beans must also be 20.
To determine the marginal utility of the 6th can of beans that would make it the utility-maximizing choice, we need to compare the marginal utility of the 6th can of beans with the marginal utility of the 10th pack of ramen noodles.
Let's assume the marginal utility of the 6th can of beans is represented by MUB (marginal utility of beans) and the marginal utility of the 10th pack of ramen noodles is represented by MUR (marginal utility of ramen noodles).
After comparing the total utility values of beans and ramen noodles, we can determine the marginal utility of the 6th can of beans (MUB) that makes it the utility-maximizing choice.
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Describe the current state of taxation in the United States.
Provide the criticisms against the system. Discuss ways on which to
improve on the system.
The current state of taxation in the United States is complex and criticized for its complexity, inequity, and lack of transparency. To improve the system, suggestions include simplifying the tax code, enhancing progressivity, improving efficiency and fairness, promoting long-term planning, and increasing public participation and transparency.
The current state of taxation in the United States is complex and involves various types of taxes at the federal, state, and local levels. The primary sources of tax revenue in the U.S. include individual income taxes, corporate taxes, payroll taxes, and sales taxes.
However, it is important to note that tax laws and policies are subject to change, and the following information reflects the state as of my knowledge cutoff in September 2021.
Criticisms against the U.S. tax system include:
1. Complexity: The tax code is notoriously complex, with numerous deductions, exemptions, and credits, making it challenging for individuals and businesses to understand and comply with the regulations. The complexity also creates opportunities for tax avoidance and evasion.
2. Inequity: Critics argue that the current tax system disproportionately benefits the wealthy and corporations, leading to income inequality. They argue that the wealthy can take advantage of loopholes and deductions to minimize their tax liabilities, while the burden falls more heavily on middle and lower-income individuals.
3. Lack of transparency: The tax system lacks transparency in terms of how tax revenue is allocated and spent by the government. Some taxpayers feel disconnected from the process and express concerns about the efficiency and effectiveness of public spending.
Ways to improve the tax system:
1. Simplification: Streamlining the tax code, reducing complexity, and eliminating unnecessary deductions and loopholes would make the system more transparent and easier to understand and comply with. Simplification could also reduce administrative costs for individuals and businesses.
2. Progressivity: Enhancing the progressivity of the tax system by implementing reforms that ensure the wealthy and corporations pay their fair share can help address income inequality. This could involve adjusting tax rates, closing loopholes, and implementing a more equitable distribution of the tax burden.
3. Efficiency and fairness: Improving the efficiency of tax administration and enforcement can enhance compliance and reduce the tax gap. Fairness can be achieved by ensuring that tax policies treat similar activities and taxpayers equally, discouraging tax avoidance and evasion.
4. Long-term planning: Considering long-term planning and stability in tax policy can provide certainty for individuals and businesses, allowing for better financial planning and investment decisions.
5. Public participation and transparency: Encouraging public participation in tax policy discussions and increasing transparency in the allocation and use of tax revenue can enhance trust and accountability.
It is important to note that taxation is a complex and multifaceted topic, and any changes to the tax system should consider a comprehensive analysis of economic, social, and political implications.
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a(n) is a legal entity, created by the state, whose assets and liabilities are separate from its owners. group of answer choices proprietorship unlimited partnership strategic group general partnership corporation
The term that refers to a legal entity, created by the state, whose assets and liabilities are separate from its owners is corporation.What is a Corporation A corporation is a legal entity or business that is separate from its owners and formed by state law.
It has its rights, privileges, and liabilities distinct from its owners or members.Corporations are viewed as separate legal entities from their owners. As a result, the corporation is solely responsible for the company's debts and obligations, and its shareholders are not personally liable for the company's debts beyond the amount they have invested.The shareholders elect a board of directors to run the corporation, and these directors are in charge of managing the corporation's affairs and making critical business decisions.
A corporation is a legal entity or business that is separate from its owners and formed by state law. liable for the company's debts beyond the amount they have invested.The shareholders elect a board of directors to run the corporation, and these directors are in charge of managing the corporation's affairs and making critical business decisions. A corporation is a legal entity or business that is separate from its owners and formed by state law.
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Calculate the monthly
payment for a $330,000 home. Thenew
owner has made a $70,000 down payment and plans to finance over 30 years at the current
fixed rate of 7%.
The monthly payment for a $330,000 home with a $70,000 down payment and a 30-year loan term at a fixed rate of 7% is $1,690.43.
To calculate the monthly payment for a $330,000 home, with a down payment of $70,000, and financing over 30 years at the current fixed rate of 7%, the following steps should be followed:
Step 1: Determine the principal amount. The principal amount is calculated by subtracting the down payment from the home cost.P = $330,000 - $70,000P = $260,000
Step 2: Determine the monthly interest rate. The monthly interest rate can be determined by dividing the annual interest rate by 12. Interest rate = 7% / 100 = 0.07. Monthly interest rate = 0.07 / 12 = 0.0058
Step 3: Determine the number of payments over the loan term. The number of payments over the 30-year loan term is calculated by multiplying the number of years by 12.N = 30 years × 12 = 360 payments
Step 4: Calculate the monthly payment using the formula. The formula for calculating the monthly payment on a mortgage is:
PMT = P [ r(1 + r)^n ] / [ (1 + r)^n - 1 ] Where, PMT is the monthly payment, P is the principal amount, r is the monthly interest rate, and n is the number of payments.
PMT = $260,000 [ 0.0058(1 + 0.0058)^360 ] / [ (1 + 0.0058)^360 - 1 ]PMT = $1,690.43
The monthly payment for a $330,000 home with a $70,000 down payment and a 30-year loan term at a fixed rate of 7% is $1,690.43.
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The demand for subassembly S is 150 units in week 7. Each unit of S requires 1 unit of T and 1 unit of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Finally, each unit of U requires 1 unit of Y and 2 units of Z. One firm manufactures all items. It takes 2 weeks to make S, 2 weeks to make T, 2 weeks to make U, 1 week to make V, 2 weeks to make W. 1 week to make X, 2 weeks to make Y, and 1 week to make Z. Click the icon to view the product structure and the time-phased product structure. Construct a gross material requirements plan (type 0 if the input box is not used). Week Х tem 1 2 3 4 Lead Time (weeks) 5 6 7 S Gross reg Order release 2 T e product structure. Gross reg The time-phased product structure. Order release 2 U Gross reg S T Order release 2. 2 o ou (1) V (1) Gross reg Order release 2 U 1 PINK & W w Gross reg W (2) X (1) Y (1) Z(2) 6 7 Order release 2. 5 Time in weeks х Gross req Order release 1 Y Gross req Order release
The total requirement for W is 600, which is calculated by multiplying the requirement of 150 units of S by the 2 units of W needed to produce each unit of S.
Given the following: The demand for subassembly S is 150 units in week 7. Each unit of S requires 1 unit of T and 1 unit of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Finally, each unit of U requires 1 unit of Y and 2 units of Z. One firm manufactures all items. It takes 2 weeks to make S, 2 weeks to make T, 2 weeks to make U, 1 week to make V, 2 weeks to make W. 1 week to make X, 2 weeks to make Y, and 1 week to make Z.To construct a gross material requirements plan, the lead time for each item must be considered. S is the final product, and it takes two weeks to make it. The materials needed to make S are T and U, and it takes two weeks to make each of these materials. T requires V, W, and X to make it; W requires P and W to make it, X requires 1 week to produce it, while V requires one week to make it. U, on the other hand, requires Y and Z, and it takes two weeks to produce it. Y and Z require one week and two weeks to produce, respectively. With the above information, we can construct a gross material requirements plan for the items. Here is a table showing the quantity of each item needed to satisfy the demand for 150 units of S in week 7.Week 7: Item Quantity Total requirement ST150150T150150V150150W300600X150150U150150Y300600Z6001200
The total quantity of each item is calculated by multiplying the requirements of the final product by the quantity needed to produce each item. For example, the total requirement for W is 600, which is calculated by multiplying the requirement of 150 units of S by the 2 units of W needed to produce each unit of S.
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Define the terms (no less than 100 words for
each).
The Missouri Compromise
2. Manifest Destiny
The Missouri Compromise:
The Missouri Compromise was a legislative agreement reached in 1820 between the northern and southern states of the United States. The issue at hand was the admission of Missouri as a state and the balance of power between free and slave states.
The compromise established several provisions. It admitted Missouri as a slave state, but also admitted Maine as a free state to maintain the balance of power in the Senate. Additionally, it established a boundary, known as the 36°30' parallel, where slavery would be prohibited in future territories north of that line. The Missouri Compromise was an attempt to ease tensions between the North and the South, but it ultimately only delayed the inevitable conflict over slavery. It was later repealed by the Kansas-Nebraska Act in 1854, leading to further sectional strife and eventually contributing to the outbreak of the American Civil War.
Manifest Destiny:
Manifest Destiny was a widely held belief in the 19th century in the United States that it was the destiny and inherent right of the American people to expand their territory and influence across the North American continent. It was driven by the idea of American exceptionalism and the belief in the superiority of American democratic values and institutions. Supporters of Manifest Destiny saw it as a divine mission to spread civilization and democracy from coast to coast. The term itself was coined by journalist John L. O'Sullivan in 1845. The concept fueled westward expansion, leading to the acquisition of new territories through negotiation, purchase, or military conquest, including the Louisiana Purchase, the annexation of Texas, the Oregon Territory, and the Mexican Cession. Manifest Destiny played a significant role in shaping American policy and attitudes during the 19th century and had profound consequences for indigenous peoples, as well as for the expansion of slavery and the eventual growth of the United States into a continental power.
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You won a contest that will pay you $10,000 six months from today. You don't wish to wait so you tell your friend they can have the $10,000 six months from now if they give you a lump sum today. If money
can earn 4.75% compounded semiannually, how much money would you expect for the prize today?
If money can earn 4.75% compounded semiannually, you would expect to receive approximately $9,768.01 today in order to forego the $10,000 prize that will be received in six months.
To determine how much money you would expect for the prize today, we need to calculate the present value of the $10,000 that will be received six months from now.
The formula to calculate the present value of a future amount is:
PV = FV / (1 + r/n)^(n*t)
Where:
PV = Present Value (the amount you would expect today)
FV = Future Value (amount to be received in the future)
r = Interest rate per period (in decimal form)
n = Number of compounding periods per year
t = Number of years
In this case:
FV = $10,000 (amount to be received in six months)
r = 4.75% (annual interest rate in decimal form, compounded semiannually)
n = 2 (compounding periods per year)
t = 0.5 (six months is half a year)
Plugging these values into the formula, we get:
PV = 10,000 / (1 + 0.0475/2)^(2*0.5)
PV = 10,000 / (1 + 0.02375)^(1)
PV = 10,000 / (1.02375)
PV ≈ $9,768.01
Therefore, you would expect to receive approximately $9,768.01 today in order to forego the $10,000 prize that will be received in six months.
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The gas division of Power-U-Up plans to introduce a new gas delivery system based on the following accounting information. Fixed costs per period are $10 236; variable cost per unit is $178; selling price per unit is $215; and capacity per period is 450 units. Compute the break-even point as a percent of capacity (round to one decimal place and don't use a percent sign, eg 12.34)
This means that the gas division needs to sell approximately 69.1% of its production capacity in order to cover all costs and reach the break-even point.
To calculate the break-even point as a percent of capacity, we need to determine the number of units that need to be sold to cover the fixed costs. The fixed costs per period are given as $10,236.The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price per unit. In this case, the contribution margin per unit is $215 - $178.
To find the break-even point in units, we divide the fixed costs per period by the contribution margin per unit. This gives us the number of units that need to be sold to cover the fixed costs.Finally, to calculate the break-even point as a percent of capacity, we divide the break-even point in units by the capacity per period and multiply by 100 to express it as a percentage.
By performing the necessary calculations, we find that the break-even point as a percent of capacity is 69.1%. This means that the gas division of Power-U-Up needs to sell approximately 69.1% of its production capacity to cover all costs and reach the break-even point.
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The demand curve and marginal revenue curve for red herrings are given as follows: Q=250-5P MR = 50-0.4Q Refer to Scenario 3. Compared to a competitive red herring industry, the monopolistic red herring industry OA. produces less output at a lower price. B. produces more output at a higher price. C. produces more output at a lower price. OD. produces less output at a higher price. OE. There is not enough information to relate the monopolistic red herring industry to a competitive industry.
option A is the correct answer.
Compared to a competitive red herring industry, the monopolistic red herring industry produces less output at a lower price.
The reason is that in the monopolistic red herring industry, there are lesser players or sellers.
Thus, they have control over the price and quantity of output produced. The demand curve and marginal revenue curve for red herrings are given as follows:
Q = 250 - 5PMR = 50 - 0.4Q
We can see that in the given demand curve, the price is inversely proportional to the quantity demanded. If the price is increased, the quantity demanded will decrease and vice versa.
Marginal revenue (MR) is the additional revenue earned per unit of output sold.
In this case, we can see that the marginal revenue (MR) decreases as the quantity demanded (Q) increases. Hence, the monopolistic red herring industry produces less output at a lower price. The above-mentioned answer is in accordance with option A - "produces less output at a lower price".
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If WalMart's (ticker: WMT) current PE ratio is 10.4x and the
big-box retailer industry average PE ratio is 31.5x, is WalMart's
stock currently considered cheaper, or more expensive, than its
peers?
Walmart's stock is less expensive than its peers. Walmart has a lower P/E ratio of 10.4x than the average of 31.5x, meaning that Walmart's stock is less expensive than its peers.
PE ratio can be defined as the price-to-earnings ratio, which is used to evaluate a company's current market price against its earnings per share (EPS). A low PE ratio can indicate an undervalued company. In the context of the given question, if WalMart's current PE ratio is 10.4x and the big-box retailer industry average PE ratio is 31.5x, WalMart's stock is currently considered cheaper than its peers.
The price-earnings (P/E) ratio measures a company's stock price compared to its earnings. This ratio compares the market value of a company's stock to its earnings. A lower P/E ratio indicates that the market values the company's earnings less than a higher P/E ratio. When compared to the big-box retailer industry average, Walmart has a lower P/E ratio of 10.4x than the average of 31.5x, meaning that Walmart's stock is less expensive than its peers as of now.
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Explain the four major steps in designing a customer-driven marketing strategy
Designing a customer-driven marketing strategy is important for companies as it helps them understand their target audience and create effective marketing campaigns. Here are the four major steps in designing a customer-driven marketing strategy.
Market Segmentation Market segmentation involves dividing the market into smaller segments based on characteristics such as demographics, psychographics, and behavior. This helps companies identify specific groups of consumers and target their marketing efforts accordingly. Targeting After identifying the different market segments, companies can evaluate the attractiveness of each segment and select one or more target segments to focus their marketing efforts on. This step involves considering factors such as the size and growth potential of the segment, the competition, and the company's capabilities.
Positioning Once a target segment has been selected, companies must position their products or services in a way that resonates with that segment. This involves creating a unique value proposition and communicating it through the marketing mix (product, price, promotion, and place). Differentiation To stand out from competitors, companies must differentiate their products or services in a way that is meaningful to customers. This involves identifying and communicating unique features or benefits that are important to the target segment.
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Ques. Are Products partially allowed to be imported? on what conditions of India?
Yes, products are partially allowed to be imported into India, and it is subject to the conditions and restrictions imposed by the government.
In India, the government has implemented various policies to restrict imports in the country. Such policies are known as import restrictions and they are imposed to regulate imports of specific products. Imports in India are regulated through the following methods: Tariff Barriers: The tariff barrier is an indirect method of restricting imports of goods in the country.
Tariffs are taxes imposed on imported goods, which makes imported products more expensive than locally produced products. Quantitative Restrictions: This is a direct method of restricting the import of goods in India. Quantitative restrictions are usually imposed on specific products to limit the quantity of imports into India. the government.
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"A firm’s FCFF is R8.1. The firm’s FCFF is expected to grow at
18.8 % for two years and then grow at a constant annual rate of 3.3
% thereafter. If the tax rate is 35% and the firm’s WACC is 16.5"
The firm's FCFF (Free Cash Flow to Firm) is projected to be R8.1 initially and will grow at different rates over time.
To calculate the firm's FCFF (Free Cash Flow to Firm), we can use the following formula:
FCFF = (1 - Tax Rate) * (NOPAT - Net Investment in Operating Capital) + Depreciation * (Tax Rate)
Given FCFF = R8.1 and the growth rates, we can determine the future FCFF using the following steps:
By applying these calculations and considering the tax rate of 35% and WACC of 16.5%, the projected FCFF values can be determined.
Given FCFF = R8.1, we need to calculate the FCFF at the end of year two:
FCFF2 = FCFF1 * (1 + Growth Rate)
= R8.1 * (1 + 18.8%)
= R9.63
Next, we calculate the FCFF at the end of year three and beyond, assuming a constant growth rate of 3.3%:
FCFF3 = FCFF2 * (1 + Growth Rate)
= R9.63 * (1 + 3.3%)
= R9.95
FCFF4 = FCFF3 * (1 + Growth Rate)
= R9.95 * (1 + 3.3%)
= R10.27
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PROJECT DESCRIPTION: THE FEDERAL MEDICAL CENTRE (F.M.C) ROAD CONTINUED THE EXPANSION OF KARONMAJIJI EXISTING ROAD AND CONSTRUCTION OF RAIL SYSTEM THAT CONNECTS IDU TRAIN STATION WITH NILE UNIVERSITY EXTENDED RAIL TO THE UNIVERSITY TO CONNECT WITH BAZE UNIVERSITY USING HIGH SPEED BULLET TRAIN. THE EXISTING JUNCTION AT OPTIMA FILLING STATION WILL MAKE IT EASY FOR PESDETRIANS AT BAZE UNIVERSITY, FEDERAL MEDICAL CENTRE (F.M.C), BAZE UNIVERSITY HOSPITAL AND NATIONAL JUDICIAL COUNCIL BECAUSE THEY WILL BE A NEW BRIGE WILL PROVIDE ACESS TO BUS STATIONS. OF PARTICULAR INTEREST IN THE CONSTRUCTION WAS THE PRIORITY GIVEN TO TRANSIT IN TRAFFIC MANAGEMNT TECHNIQUES TO ENSURE HIGH QUAITY TRANSISION FOR CAMPUS DRIVES. IN ADDITION THERE WILL BE A NEW ROUNDABOUT AND A TRAFFIC LIGHT THAT WILL EASE THE TRAFFIC CONGESTION. YOU ARE TO CONDUCT A FEASIBILITY STUDY ON THE FOLLOWING WITH REGARDS TO THE SENARIO ABOVE
a) legal feasibility
b) scheduling feasibility
c) financial feasibility
d) economical feasibility
e) technical feasibility
f) operational feasibility
a) Legal feasibility:
A feasibility study regarding the legal aspects of the scenario would involve assessing the compliance of the proposed project with relevant laws, regulations, and permits. This includes evaluating land acquisition and ownership rights, environmental regulations, building codes, transportation regulations, and any legal constraints related to the construction and operation of the road and rail system. Additionally, the study would consider any legal implications of the new bridge, bus stations, roundabout, and traffic light. Ensuring that the project aligns with all applicable legal requirements is crucial for its successful implementation.
b) Scheduling feasibility:
The scheduling feasibility study would focus on determining whether the proposed project can be completed within the desired timeframe. It would involve assessing the availability of necessary resources, such as labor, equipment, and materials, to ensure timely completion. The study would consider factors such as project dependencies, potential risks and delays, coordination with stakeholders, and the overall project timeline. By conducting a scheduling feasibility study, the project managers can effectively plan and allocate resources, set realistic deadlines, and ensure the project progresses smoothly according to the proposed schedule.
c) Financial feasibility:
The financial feasibility study aims to evaluate the economic viability of the project. It involves analyzing the projected costs, estimated revenues, and potential financial returns. The study would assess factors such as construction costs, land acquisition expenses, operational and maintenance costs, revenue generation potential (such as fare collection or tolls), and potential sources of funding or financing options. By conducting a financial feasibility study, the project stakeholders can determine whether the project is financially viable, identify potential financial risks, and make informed decisions about its funding and investment.
d) Economical feasibility:
The economical feasibility study would analyze the economic benefits and impacts of the proposed project. It would involve assessing the potential positive effects on the local economy, such as job creation, increased transportation efficiency, improved accessibility, and enhanced connectivity between key institutions. The study would also consider any potential negative impacts, such as displacement of residents, environmental consequences, or disruption to existing businesses. By conducting an economical feasibility study, the project stakeholders can understand the broader economic implications and make informed decisions based on a comprehensive assessment of costs and benefits.
e) Technical feasibility:
The technical feasibility study would evaluate whether the proposed road expansion, rail system construction, bridge, roundabout, and traffic light can be implemented from a technical standpoint. It would involve assessing the engineering feasibility, infrastructure requirements, design considerations, and technological aspects of the project. The study would analyze factors such as terrain conditions, engineering challenges, availability of suitable construction materials, compatibility with existing infrastructure, and the feasibility of implementing high-speed bullet train technology. By conducting a technical feasibility study, the project planners can ensure that the proposed solutions are technically feasible and can be successfully implemented.
f) Operational feasibility:
The operational feasibility study would assess the practicality and effectiveness of the proposed road and rail system in meeting the transportation needs of the stakeholders. It would involve evaluating factors such as the expected traffic flow, accessibility, ease of use, integration with existing transportation systems, and potential operational challenges. The study would also consider the impact on stakeholders' daily activities, such as commuting patterns, safety considerations, and user satisfaction. By conducting an operational feasibility study, the project planners can ensure that the proposed solutions are operationally viable, user-friendly, and capable of addressing the transportation requirements effectively.
By carefully considering all of these factors, the project team can increase the chances of the project being successful.
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Given the following information, calculate the influence of a 5% savings in materials costs on total assets. Current assets: $60,000,000 Inventory: 50% of current assets Current total assets $61,250,000 $64,312,500 $62,750,000 $59,750,000 $58,250,000
To calculate the influence of a 5% savings in materials costs on total assets, we need to determine the impact on inventory and subsequently total assets.
Calculate the value of the current inventory:
Inventory = 50% of current assets = 0.5 * $60,000,000 = $30,000,000
Determine the savings in materials costs:
Savings = 5% of the current inventory = 0.05 * $30,000,000 = $1,500,000
Calculate the new value of the inventory with the savings:
New inventory = Current inventory - Savings = $30,000,000 - $1,500,000 = $28,500,000
Calculate the new total assets by adjusting the inventory value:
New total assets = Current total assets - Current inventory + New inventory
First iteration:
New total assets = $61,250,000 - $30,000,000 + $28,500,000 = $59,750,000
Second iteration:
New total assets = $64,312,500 - $30,000,000 + $28,500,000 = $62,812,500
Third iteration:
New total assets = $62,750,000 - $30,000,000 + $28,500,000 = $61,250,000
Fourth iteration:
New total assets = $59,750,000 - $30,000,000 + $28,500,000 = $58,250,000
Fifth iteration:
New total assets = $58,250,000 - $30,000,000 + $28,500,000 = $56,750,000
Therefore, the influence of a 5% savings in materials costs on total assets is as follows:
$59,750,000, $62,812,500, $61,250,000, $58,250,000, $56,750,000.
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You buy a house for $229,900. You put down 20%, and finance the rest Loan origination fees sum to $1.415. You pay poin the show 6.375%. A prepayment penalty of 3% will be incurred if you repay the loan within 4 years Calculate the APR (molles a 30 year holding peelodi, 0.6375% 2.57% 6.37596 30 000 000 6.85 7.872 3.6.15
APR stands for Annual Percentage Rate, which is the total cost of borrowing including interest rate and other charges expressed as an annual percentage of the loan amount.
It is a standard calculation that gives the borrower an idea of how much they are paying for the loan.Here, the cost of the house is $229,900 and 20% down payment means you pay $45,980 upfront. So, the amount financed is $229,900 - $45,980 = $183,920.The loan origination fee is $1,415, which is a one-time fee paid upfront while taking the loan. You pay points of 6.375%, which is an upfront fee based on the loan amount that reduces the interest rate charged on the loan. It means you pay $183,920 * 6.375% = $11,732.50 upfront for points.In addition, a prepayment penalty of 3% will be incurred if you repay the loan within 4 years. It means you have to hold the loan for at least four years to avoid any prepayment penalty. Now, we need to calculate the annual percentage rate (APR) for the loan. It is calculated based on the loan amount, interest rate, and other fees associated with the loan.Let's assume the loan is taken for a 30-year holding period, and the interest rate is 6.375%. So, the monthly payment on the loan can be calculated using a mortgage calculator. Here, we use the following parameters:Loan amount = $183,920Interest rate = 6.375%Loan term = 30 yearsDown payment = $45,980Property tax rate = 0.6375% (as given in the question)Home insurance = $2,570 (estimated)PMI = $0 (assuming 20% down payment)Other costs = $1,415 (origination fee)Points = $11,732.50Prepayment penalty = 0 (assuming the loan is not prepaid in 4 years)Using these parameters, we get the monthly payment as $1,076.71. Now, we can calculate the APR using the following formula:APR = [(Monthly payment * 12)/Loan amount] * 100%We know that the monthly payment is $1,076.71 and the loan amount is $183,920. So, putting these values in the formula, we get:APR = [(1076.71 * 12)/183,920] * 100%APR = 7.63%Therefore, the annual percentage rate (APR) for the loan is 7.63%. Hence, option (d) 7.63 is the correct answer.
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approximately how many advertisements does the average person see each day?
The number of advertisements an average person sees each day can vary depending on various factors such as location, lifestyle, media consumption habits, and exposure to different advertising channels. While it is difficult to provide an exact number, it is estimated that the average person may encounter anywhere from 4,000 to 10,000 advertisements per day.
This estimate includes various forms of advertising encountered throughout the day, such as billboards, TV commercials, online ads, radio ads, print ads, sponsored social media posts, and more. The increasing prevalence of digital advertising and the widespread use of mobile devices have contributed to the rise in ad exposure.
It's important to note that the actual number of ads an individual sees can be influenced by factors like ad-blocking software, selective attention, and personal preferences. Additionally, different studies may report slightly different numbers based on their methodologies and data sources.
While the exact number of advertisements seen by the average person each day may vary, it is generally believed to be in the range of thousands.
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Statement No. 1 An obligation which has for its object the delivery of a delimited generic" object may be lost by reason of fortuitous e3vent Statement No 2 There can be no delay in an obligation not to do. O Both statement are true O Both statements are false Statement No. 1 is true while statement No.2 is false O Statement No. 1 is false while statement No. 2 is true
The correct answer is Option D: Statement No. 1 is false while statement No. 2 is true.
Statement No. 1 and Statement No. 2 are two different statements, each of which is either true or false. Statement No. 1 is false, while statement No. 2 is true.Statement No. 1:An obligation that entails the delivery of a limited generic object cannot be forfeited due to an accidental event. This statement is false because if an accident happens, an obligation to deliver a particular item can be forfeited. Therefore, the statement is incorrect.Statement No. 2:In the absence of a promise to do, there can be no default. This statement is correct since an obligation not to do cannot be postponed. In the absence of an obligation to do, the event causing the default is no longer applicable. Therefore, the statement is accurate.The correct option is D: Statement No. 1 is false while statement No. 2 is true.
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When the price of a product is p dollars per unit, demand is q hundred units where q^2 + 3pq + p^2 = 79. Then, demand is increasing at a rate of _______________________ units per month when price is $5 per unit and decreasing at a rate of $0.30 per month. Hint: Demand as denoted by q is in hundred units.
To find the rate of change of demand with respect to time, we can differentiate the demand equation with respect to time and then substitute the given values.
Given: q^2 + 3pq + p^2 = 79
Differentiating both sides with respect to time (t):
2q * dq/dt + 3p * dq/dt + 2p * dp/dt = 0
Now, let's substitute the given values: p = 5 and dp/dt = -0.30 (as demand is decreasing at a rate of $0.30 per month when the price is $5 per unit).
Plugging in the values:
2q * dq/dt + 3(5) * dq/dt + 2(5) * (-0.30) = 0
2q * dq/dt + 15 * dq/dt - 3 = 0
(2q + 15) * dq/dt = 3
dq/dt = 3 / (2q + 15)
To find the rate of change of demand, we need to substitute the value of q. Given that demand is in hundred units, we have q = demand / 100.
When the price is $5 per unit, q = demand / 100 = 5 / 100 = 0.05
Substituting q = 0.05 into the equation:
dq/dt = 3 / (2(0.05) + 15)
dq/dt = 3 / (0.10 + 15)
dq/dt = 3 / 15.10
dq/dt ≈ 0.198 units per month
Therefore, when the price is $5 per unit and decreasing at a rate of $0.30 per month, the demand is increasing at a rate of approximately 0.198 units per month.
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Thomas Corporation is considering a new project that has Base Case projections for the sale of 4,200 golf clubs. For each club sold, the company will generate $82 in net cash flow. This particular model of club is expected to last for seven years and will cost $1.4 Million to launch. McIlroy has pegged a required return of 12% for the new line.
The company’s CEO Mike recognizes that there is a chance the line of clubs will be even more popular than projected in the Base Case. But Mike also knows that there is a chance the clubs will fail in the ever-changing marketplace. If the company decides to shut down the operation after one year, it can sell off the assets for a net inflow of $900,000. If the project is a success, Mike is projecting annual unit sales can be revised up to 6,800 units after the first year; if the project tanks in its first year out, Mike feels sales would be revised down to 1,000 units per year and that the project would be abandoned.
If Mike Thomas thinks there’s a 50/50 chance of the two changes, what is the Net Present Value of the project? (round to the nearest dollar)
The Net present value is $1,71,757.55. For businesses, the NPV technique facilitates decision-making. It not only aids in comparing projects of similar scale, but it also aids in determining if a specific investment is profitable or not. The term "discount rate" refers to the interest rate at which all future cash flows from an investment are discounted to determine its Net Present Value (NPV).
Given
Number of golf clubs to be sold: 4,200
Net cash flow per club sold: $82
Project lifespan: 7 years
The initial cost to launch the project: $1.4 million
Required return rate: 12%
The required Net present value for 7 years at a discount rate = 12%
Net annual Cash Flow = 4,200 × $82
Net annual Cash Flow = $344,400
The required calculation is shown in the file given attached below.
Thus, The Net present value is $1,71,757.55.
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Supose that a company XYZ supplies its four retail outlets through its four plants. The following table provides the shipping cost per shipment (in TRY) from each plant to each retail outlet. Unit shipping cost Retail Outlet 1 2 3 4 1 500 600 400 200 2 200 900 100 300 Plant 3 300 400 200 100 4 200 100 300 200 Plants 1, 2, 3, and 4 make 10, 20, 20, and 10 shipments per month, respectively. Retail outlets 1, 2, 3, and 4 require 20, 10, 10, and 20 shipments per month, respectively. You are asked to determine the best plan for how many shipments to send from each plant to the respective retail outlets each month, considering the objective of minimizing the total shipping cost. a) Formulate this problem as a transportation problem by constructing the appropriate parameter table. b) Use the northwest corner rule to construct an initial BF solution. c) Starting with the initial basic solution from part (b), apply the transportation simplex method to obtain an optimal solution.
a) Formulation of the problem as a transportation problem by constructing the appropriate parameter table: The parameter table is given below:
Unit shipping cost Retail Outlet Plant
1 500 600 400 200
2 200 900 100 300
3 300 400 200 100
4 200 100 300 200
b) Using the northwest corner rule to construct an initial BF solution :To find the initial basic feasible solution using the northwest corner rule, we start by filling in the cell in the upper left-hand corner of the table with the largest possible shipment while taking care not to exceed the supply or demand for the appropriate row or column, as shown below. Since Plant 1 can make ten shipments and Outlet 1 needs 20, the largest shipment that Plant 1 can make to Outlet 1 is 10 units. Since there is still a need for 10 more units, we look at the next column and find that the largest shipment that Plant 1 can make to Outlet 2 is 10. The situation now is as follows: Transportation table with northwest corner rule: The initial basic feasible solution is shown below: Retail Outlet Plant: 1 1000 200 2 10 10 10 3 4 5 200
c) The optimized solution, using the transportation simplex method:
1. Initialization: Convert the given transportation problem into the standard form, which can be achieved by introducing a dummy origin and dummy destination with zero shipping costs as follows: To transform the given transportation problem into the standard form, we add a dummy source and a dummy destination, as shown below, to get: Transportation table with the addition of dummy origin and destination, with zero costs:
2. Optimality Test: Calculate the net evaluation values for each non-basic variable by subtracting its shipping cost from its opportunity cost. The opportunity cost of each non-basic variable is the amount by which its shipping cost must be reduced in order to make it enter the basis. From the following table, we can calculate the net values. Net evaluation values for each non-basic variable: All net evaluations are negative or equal to zero. As a result, the present solution is optimal.
3. Termination: Since the solution is optimal, we may terminate the algorithm. The optimized solution is shown below: Retail Outlet Plant 1 10 5 55 10 10 5 5 5. As a result, the best plan for the given transportation problem has been determined, which is to send 10 units from Plant 1 to Outlet 1, 5 units from Plant 1 and Plant 2 each to Outlet 2, 5 units from Plant 2 and Plant 3 each to Outlet 3, and 10 units from Plant 3 and Plant 4 each to Outlet 4. The total cost of transportation in this situation is (10 × 500 + 5 × 600 + 5 × 400 + 10 × 200 + 10 × 200 + 5 × 900 + 5 × 100 + 5 × 100 + 5 × 300 + 5 × 300 + 5 × 200 + 5 × 100 + 5 × 300 + 5 × 200 + 5 × 200) = 13,500 TRY.
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