Day: April 26, 2018

our boss is aware that you are an MBA graduate from Southern State University. He confides in you that the executive Management Team has decided to add a new machine part to its product sales list. However, they are at a dilemma as to which way they should go to produce the part. She asked you to do an excel analysis to include graphs in a PowerPoint slide so that the EMT can have a clear picture of the situation so that they can select the best approach to follow from the following options.

1. The production manager has identified the following options for obtaining a finished machined part for sale:

a. It can buy the part at $200 per unit (including materials). There is negligible fixed cost if the item is purchased;
b. It can make the part on a numerically controlled semi-automatic lathe at $75 per unit (including materials, labor, and other variable costs). A semi-automatic lathe costs $80,000; or
c. It can make the part on a machining center at $25 per unit (including materials, labor, and other variable costs). A machining center costs $200,000.

Additionally, the production manager estimates the learning curve is maximized at 200 units.

2. The sales manager has estimated the total demand for the part to be between 500 and 2500 units and that it should sell for approximately $300. He expressed a 68% level of confidence that the company should sell at least 1500 units at $300 each.

The finance manager has developed a total cost formula for each option which is:

a. Purchase cost= $200 * Demand
b. Produce using Lathe= $80,000 + $75* Demand
c. Produce using Machining Center= $200,000 + $25* Demand

To be prepared for discussion about the options, she asked you to start by finding the break even point in demand for each option. Additionally, she asked you to use excel to plot the curves to help clarify the different options. Finally, she wants you to prepare a PowerPoint slide as to what recommendation you would advise senior management to follow to maximize total profit for the company in producing and selling this item.

*Basically the PowerPoint slides don’t have to be performed but a graph plotting the cost curve and profit curve should be plotted. Also which choose in both scenarios would be the better solution for management?

Answer the following questions about a new employee training program for the position you selected for your final project:

1. Needs assessment: What types of issues might indicate a need for training? From what sources would these issues be identified? If you were a training manager, how would you prioritize training needs from these sources?

a. A supervisor requests training on the specialized technology required by five of his employees.
b. The customer service manager reports a sudden increase in calls about poor handling of repeat complaint calls.
c. The CEO requests team efficiency training to address the declining numbers of employees attending quarterly pep rallies.

2. Delivery: Identify the best method to conduct this training. Is a certification exam required? Will the training be instructor-led, self-paced, or a combination? Explain your answer.

Focusing on delivery considerations, would you use the same methods and requirements for the position directly above this job and the position directly subordinate to the job? Explain your answer.

3. Evaluation: How will you evaluate the effectiveness of the training in terms of organizational objectives and limitations?

Create a spreadsheet to calculate your projected total cost, total revenues, and total profits for giving a seminar on cost estimating. Below are some of your assumptions:
? You will charge $600 per person for a two-day class
? You estimate that 30 people will register for and attend the class, but you want to change this input.
? Your fixed cost include $500 total to rent a room for both days, setup fees of $400 for registration, and $300 for designing a postcard for advertising.
? You will not include any of your labor costs for this estimate, but you estimate that you will spend at least 150 hours developing materials, managing the project, and giving the actual class. You would like to know what your time is worth given different scenarios.
? You will order 5000 postcards, mail 4000 and distribute the rest to friends and colleagues.
? Your variables costs include the following:
1. $5 per person for registration plus 4 percent of the class fee per person to handle credit card processing: assuming everyone pays credit card
2. $0.40 per postcard if you order 5000 or more
3. $0.25 per postcard for mailing and postage
4. $25 per person for peverages and lunch
5. $30 per person for class handout
Be sure to have input cells for any variables that might change, such as the cost of postage, handout, and so on. Calculate your profits based on the following number of people who attend: 10, 20, 30, 40, 50, and 60. In addition, calculate what your time would be worth per hour based on the number of students. If you are unfamiliar with data tables, just repeat the calculations for each possibility of 10,20,30,40,50, and 60 students. Print your results on one page, highlighting the profits for each scenario and what your time is worth.

Question 1:

Suppose we discover definitive evidence for microbial life on Mars or Europa. Would the discovery alter your view of our place in the universe? If so, how? What if we made contact with an intelligent species from another world? Do you think it is likely that either kind of life exists elsewhere in the universe? Do you think that either kind will be discovered in your lifetime? Explain. (100 words)

Question 2:
If you had the chance to communicate with an extraterrestrial, what would you like to ask him (or her, or it)? What do you think the answer might be?(100 words)

Question 3:
If we do contact another civilization, how much should we tell them about us? Is it a risk to discuss our weaknesses? Do you think they are likely to try to attack? If so, why? Science fiction stories have suggested many possibilities, from using us as food, to enslavement, or possible alliances against their enemies. Pick one or more possibility (not necessarily one of these), and discuss it.(100 words)

Question 4:
In Star Trek, Dr. McCoy often told Captain Kirk that something was “Life, but not as we know it.”

Describe some kind of life that is not life as we know it. Explain how it gets energy, what it does, where it lives and how it reproduces. You may use an example from a book or movie, but an original idea would be better.(100 words)

In a paper (5 pages minimum) respond to the following:

Identify and describe ways that terrorism has impacted the police mission in the U.S. Be sure to provide examples. Describe at least two disagreements that exist regarding the appropriate law enforcement behavior to fight terrorism and maintain personal liberties. What role does social stigma play in police ethics? Describe this role. Give specific examples from your reading or your experiences, where social stigma played a role in furthering police corruption and where it played a role in reducing it. Are the ethical forces behind police corruption the same as those involved in police abuses of force? Identify four components of public corruption within the criminal justice field, and describe the strategies used to control this corruption. Support your answer. Define and discuss individual conscience and police assignments using specific examples. Explain how training can prepare would-be police officers for the ethical dilemmas they will face. Provide examples. The paper will be a minimum of five (5) double-spaced pages using a 12-point font. It must be in American Psychological Association (APA) format. Assignment will require outside research. Use at least three credible sources beyond the text material.

Details:
On May 10, 1871, the third and final phase of what are known as the German Wars of Unification came to an abrupt end. Paris had fallen in January; and the German states had proclaimed their union under the Prussian Kaiser, taken from the ancient Roman Caesar, thus creating a new nation-state, or Deutsches Reich, the German Empire. The initial peace treaty was called the Preliminary Treaty of Versailles of 1871, and the final peace treaty, the Treaty of Frankfurt, was signed on May 10th and had been crafted by the Prussian Chancellor Otto von Bismarck, arguably the most coldly efficient statesman of his time-his mantra was Blut und Eisen, “blood and iron.” The consequences of this treaty have caused historians to argue that it was an extraordinary example of Bismarck miscalculating the opposition and lighting a fuse that would explode a mere 48 years later in the same place it began, the Hall of Mirrors at the Palace of Versailles, in 1919.

Remember to cite your sources (using APA style) and be specific in your responses.

Individually, do some historical fact finding and compose a one- to two-page summary that includes the following:

– What were the Wars of German Unification, and why were they fought?
– Where do you think Bismarck grossly miscalculated the French in the Treaty of Frankfurt?
– Make the historical link between the treaty drawn up in 1871 and the 1919 Treaty of Versailles and demonstrate why the French were so revengeful.

Objective:
Discuss major topics linking certain historical events, the consequences of which have influences our past, present, and future.

Explain how social, religious, military-political, and cultural differences of specific societies as well as individuals have created challenges, conflicts and opportunities all of which have made up, and continued to make up, the course of world history.

Situation: 70% of the American public are in favor of off-shore drilling in the US. Some of the people polled had previously rejected the possibility because of potential environmental effects, but now that gas is over $4.00 a gallon, they have to consider whether they want white, sandy beaches or a Hummer in the driveway. We might not be able to have both. People do not want to be told what to drive, nor do they want to be told what to eat or what doctor they must go to, generally. This last statement is directly linked to more/less government involvement.

1) Evaluate how a policy should be designed to produce desired results regarding this situation.
2) Explain how the results and recommendations of such policy analyses are used and viewed by various stakeholders.
3) Evaluate factors and conditions that influence policy utilization

* Please note that the statements above are not editorializing; I am merely offering a very controversial, real-life concern for your real-life analysis as a public administrator

OBJECTIVES

? Evaluate how policies are designed to produce desired results.
? Explain how the results and recommendations of policy analyses are used by various stake-holders.
? Evaluate factors and conditions that influence policy utilization.

Bob is at the Boston Biceps Bodybuilding Club riding an exercise bike. Bob wants to change the station on the television which is mounted high on a nearby wall. He reaches for the remote control device, and finds that another member has accidentally taken the remote control device and left behind a cellular phone. Bob drags the exercise bike over to the television. He stands on the seat of the exercise bike in order to reach the television, but the seat post breaks and Bob falls to the floor. Bob is not injured, but cannot control his temper. He puts his 180 pounds of all muscle/no fat into destroying the exercise bike. He throws it across the room against the wall, breaking it into several pieces. The handlebars land on the running track. Bob finds another exercise bike and continues his workout. Another patron, Randy, trips over the handlebars while running on the track about 30 minutes later. Randy sues both Bob and the Club for negligence. Discuss separately the case against each defendant, and the potential for a case against the bike manufacturer.

Use POM-QM for Windows to solve the following problems. The problems are taken from the textbook: Operations Management: Quality and Competitiveness in a Global Environment (5th edition) by Roberta S. Russell and Bernard W. Taylor III.

Problem #11-1 (Page 516)
The Harley Davis motorcycle dealer in the Minneapolis-St. Paul area wants to be able to forecast accurately the demand for the Roadhog Super motorcycle during the next month. From sales records, the dealer has accumulated the data in the table below for the past year:

Month Motorcycle Sales
January 9
Febryary 7
March 10
April 8
May 7
June 12
July 10
August 11
September 12
October 10
November 14
December 16

a. Compute a three-month moving average forecast of demand for April through January (of the next year).

b. Compute a five-month moving average forecast for June through January.

c. Compare the two forecasts computed in parts (a) and (b) using mead absolute deviation (MAD). Which one should the dealer use for January of the next year?

Problem #11-24 (Page 519)
Develop an exponential smoothing forecast with a = 0.20 for the demand in Problem #1. Compare this forecast with the three-month moving average computed in Problem #1 (a) using mead absolute deviation (MAD) and indicate which forecast seems to be most accurate.

Note: The “a = 0.20 – the “a” here is a symbol that I can’t find on the computer to make it correctly. It looks like the Greek letter “a”.

Please show how to solve the problems step-by-step.

Please read this article and give me your thoughts. It is a is real recent media article reinforcing the abuse of relating correlation to causation.

Alcohol use helps boost income: study

WASHINGTON (AFP) – People who consume alcohol earn significantly more at their jobs than non-drinkers, according to a US study that highlighted “social capital” gained from drinking.
The study published in the Journal of Labor Research Thursday concluded that drinkers earn 10 to 14 percent more than teetotalers, and that men who drink socially bring home an additional seven percent in pay.
“Social drinking builds social capital,” said Edward Stringham, an economics professor at San Jose State University and co-author of the study with fellow researcher Bethany Peters.
“Social drinkers are out networking, building relationships, and adding contacts to their BlackBerries that result in bigger paychecks.”
The authors acknowledged their study, funded by the Reason Foundation, a libertarian think tank, contradicted research released in 2000 by the Harvard School of Public Health.
“We created our hypothesis through casual observation and examination of scholarly accounts,” the authors said.
“Drinkers typically tend to be more social than abstainers.”
The researchers said their empirical survey backed up the theory, and said the most likely explanation is that drinkers have a wider range of social contacts that help provide better job and business opportunities.
“Drinkers may be able to socialize more with clients and co-workers, giving drinkers an advantage in important relationships,” the researchers said.
“Drinking may also provide individuals with opportunities to learn people, business, and social skills.”
They also said these conclusions provide arguments against policies aimed at curbing alcohol use on university campuses and public venues.
“Not only do anti-alcohol policies reduce drinkers’ fun, but they may also decrease earnings,” the study said.
“One of the unintended consequences of alcohol restrictions is that they push drinking into private settings. This occurred during the Alcohol Prohibition of 1920-1933 and is happening on college campuses today. By preventing people from drinking in public, anti-alcohol policies eliminate one of the most important aspects of drinking: increased social capital.”
The researchers found some differences in the economic effects of drinking among men and women. They concluded that men who drink earn 10 percent more than abstainers and women drinkers earn 14 percent more than non-drinkers.
However, unlike men, who get a seven percent income boost from drinking in bars, women who frequent bars at least once per month do not show higher earnings than women drinkers who do not visit bars.
“Perhaps women increase social capital apart from drinking in bars,” the researchers said in an effort to explain the gender gap.