Day: April 26, 2018

Your relative has agreed to provide your special occasion gift basket business with additional funds for start-up costs if you provide additional information regarding your goals and plans or strategies for the success of the business.

Write your relative a letter outlining your short-term, intermediate, and long-term goals for the business; your strategies to achieve these goals; and your tactics for implementation of your chosen strategies.

2-3 short-term goals for the business (goals that are achievable in less than one year)
2-3 intermediate goals for the business (goals that are achievable in one to five years)
2-3 long-term goals for the business (goals that are achievable in five or more years)
What business strategies will you use to reach these goals? Explain your strategy choices. (strategies are the plans to reach the business goals)
What are some of the tactics that you will use to implement these strategies?

I really do not understand what she asking for the difference between a strategy and a tactic

1.
Businesses that engage in EDI with each other are called ____.
a. buyers c. suppliers
b. sellers d. trading partners

2.
The combination of telephone lines and the closed switches that connect them to each other is called a(n) ____.
a. LAN c. circuit
b. WAN d. pathway

3.
In networking applications, an 8-bit number is often called a(n) ____.
a. octet c. piconet
b. byte d. bit

4.
The ____ numbering system uses 16 digits.
a. hexadecimal c. binary
b. decimal d. ASCII

5.
A(n) ____ is like a separate, covered commuter lane on a highway (the Internet) in which passengers are protected from being seen by the vehicles traveling in the other lanes.
a. VPN c. extranet
b. IP wrapper d. IAP

6.
____ refers to markets that are too small to justify a mass media campaign, yet too large to cover using personal contact.
a. The hard middle c. Address media
b. Mass media d. Usability testing

7.
The U.S. government deregulated the securities trading business in the early ____.
a. 1960s c. 1980s
b. 1970s d. 1990s

8.
Companies that use ____ branding offer to help Web users in some way in exchange for their viewing an ad.
a. emotional c. rational
b. perceived d. permitted

9.
In 1987, the United Nations published its first EDI standards under the title ____.
a. EDIFACT c. EDI-UN
b. UN-ANSI d. ANSI X12

10.
A(n) ____ is a marketplace that provides auctions, request for quote postings, and other features to companies that want to operate their own marketplace.
a. private store c. private exchange
b. customer portals marketplace d. private company marketplace

11.
The ____ is the agency responsible for receiving the government’s tax, license, and other fee revenue.
a. FMS c. KMWorld
b. e-government d. TaxWorld

12.
On a(n) ____, the seller posts an item with a price. As individual buyers enter bids on an item the site can negotiate a better price with the items provider. The posted price ultimately decreases as the number of bids increases, but only if the number of bids increases.
a. sealed-bid site c. group purchasing site
b. reverse bid site d. proxy site

13.
The ability of a government to exert control over a person or corporation is called ____.
a. borders c. standards
b. jurisdiction d. laws

14.
____, the largest online bill processor, provides online payment processing services to both large corporations and individual Internet users.
a. AlphaWorks c. KCOM
b. CheckFree d. CNNFN

15.
____ is a key element in a phishing attack.
a. Scrip c. Due diligence
b. Smart card d. Spam

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.

The purpose of this assignment is to paraphrase O’Conner’s passages using no more than 75-100 words. Begin the assignment with the words: O’Conner (2003) argued that . . .

1) Read the following paragraphs, which were written by Patricia O’Conner.
A good writer is one you can read without breaking a sweat. If you want a workout, you don’t lift a book?you lift weights. Yet we’re brainwashed to believe that the more brilliant the writer, the tougher the going.

The truth is that the reader is always right. Chances are, if something you’re reading doesn’t make sense, it’s not your fault?it’s the writer’s. And if something you write doesn’t get your point across, it’s probably not the reader’s fault?it’s yours. Too many readers are intimidated and humbled by what they can’t understand, and in some cases that’s precisely the effect the writer is after. But confusion is not complexity; it’s just confusion. A venerable tradition, dating back to the ancient Greek orators, teaches that if you don’t know what you’re talking about, just ratchet up the level of difficulty and no one will ever know.

Don’t confuse simplicity, though, with simplemindedness. A good writer can express an extremely complicated idea clearly and make the job look effortless. But such simplicity is a difficult thing to achieve because to be clear in your writing you have to be clear in your thinking. This is why the simplest and clearest writing has the greatest power to delight, surprise, inform, and move the reader. You can’t have this kind of shared understanding if writer and reader are in an adversary relationship. (pp. 195-196)

Source: O’Conner, P. (2003). Woe is I: The grammarphobe’s guide to better English in plain English. New York: Riverhead Books.

THis only has to be about 2 paragraphs in a Microsoft Word document. This weeks discussion for my Organizational Research class is:

1.What do you think about small sample sizes?

2.What are the advantages? and Disadvantages?

3.What about Qualitative vs Quantitative designs?

The teachers provided us with this Abstract: You can apply comments with what she provided us, and you can also discuss the 3 question on ones own. Thank you so much for your help and time.

This work employs a phenomenological approach to investigate how people experience the radical transformation of their work lives caused by reengineering (BPR) processes. The common essences of the experiences of three co-researchers are synthesized into a composite textural-structural description of the reengineering phenomenon. The analysis of the rich, multidimensional information offered by participants reveals that reengineering projects elicit complex experiences involving a multitude of horizons. In particular, the analysis suggests that, by taking the discourse of efficiency to extremes, reengineering ends up by unveiling the conflicts inherent in the arrangements that generally characterize workplace. This proposition goes beyond the traditional belief that the basic reason for resistance in BPR projects is the fear of layoffs or the modification of power arrangements. Indeed, such factors seem to be part of the problem. It is also necessary to understand the imp! ortant role of the crisis that reengineering may generate in individuals’ ongoing process of sense making.

The Fast Shop Market has a single checkout counter and one employee to serve customers. An average of 24 customers arrives each hour with a Poisson distribution (and therefore, exponentially distributed interarrival times). Customer checkout times are exponentially distributed with a mean of 2 minutes. Customers are checked out according to their order line.

a) Calculate the average length of the checkout line and the average time (minutes) that customers spend waiting in line prior to checkout.

b) The owner of Fast Shop is considering adding a “bagger” to speed up the checkout process. Experiments show that 40 customers can be served per hour with a bagger (exponentially distributed). Recalculate the average length of the checkout line and the average time (minutes) that customers spend waiting in queue for service.

c) The bagger will cost the store employee $300 per week. The national office has done research that indicates that for each additional minute the average customer waits in line costs a Fast Shop store $150 per week in lost sales. Is the bagger worth her/his wages?

d) Suppose that Fast Shop finds that in addition to reducing mean processing times, the use of a bagger also reduces the standard deviation of checkout times by 50%. By what percent will customer in-line waiting times be reduced?

Night Tran Construction Company

Night Tran Construction Company specializes in building small power plants, mostly for utility companies. The company was awarded a contract approximately two years ago to build such a power plant. The contract stated a project duration of three years, after which, a 1 percent penalty would be invoked for each additional month of construction. Project records indicate the utility plan is only 50 percent completed and is encountering continuing problems. The owner of Night Tran Company, concerned over the potential losses, investigated the project and found the following: There was an excessive number of engineering design changes; there was a high work rejection rate; and the project was generally understaffed. As a result, she directed the project manager to develop a better system of project control and present this method to the board members in one week.

Questions: If you were the project manager, what characteristics would you be looking for in the new control system? Will a new control system be adequate for the problem? Will it control scope creep? Explain.

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.

10. The following hypotheses are given.
H0: Pi equals 0.40
H1: Pi does not equal 0.40
A sample of 120 observations revealed that p = 0.30. At the .05 significance level, can the
null hypothesis be rejected?
a. State the decision rule.
b. Compute the value of the test statistic.
c. What is your decision regarding the null hypothesis?

Use the five-step hypothesis-testing procedure in solving the following problem:

19. A spark plug manufacturer claimed that its plugs have a mean life in excess of 22,100 miles. Assume the life of the spark plugs follows the normal distribution. A fleet owner purchased a large number of sets. A sample of 18 sets revealed that the mean life was 23,400 miles and the standard deviation was 1,500 miles. Is there enough evidence to substantiate the manufacturer’s claim at the .05 significance level?

13. The null and alternate hypotheses are:
H0: u1 = u2
H1: u1 does not equal u2
A random sample of 10 observations from one population revealed a sample mean of 23
and a sample deviation of 4. A random sample of 8 observations from another population
revealed a sample mean of 26 and a sample standard deviation of 5. At the .05 significance level, is there a difference between the population means?

13. A senior accounting major at Midsouth State University has job offers from four CPA firms. To explore the offers further, she asked a sample of recent trainees how many months each worked for the firm before receiving a raise in salary. The sample information is submitted to MINITAB with the following results:
Analysis of Variance
Source D F SS MS F P
Factor 3 32.33 10.78 2.36 0.133
Error 10 45.67 4.57
Total 13 78.00
At the .05 level of significance, is there a difference in the mean number of months before a raise was granted among the four CPA firms?

Your next-door neighbor recently began a new job as assistant controller for X Corporation. As her first assignment, she prepared a performance report for January. She was scheduled to present the report to managemnt the next morning, so she brought it home to review. The report was torn up by your dog and you can only read the following data:
X CORPORATION
Direct Direct Variable Fixed
Material Labor Overhead Overhead

standard allowed cost
given actual output……..?……………?……………………….
(? kilograms (2 hours at
$12 per hour) $14 an hour)

Flexible overhead budget………………………………?…..$40,000

Acutal Cost………………..$189,000……….?……….?………?..
(14,000 kilos (8,800 hours
at $13.50 per at?per hour)
kilo)
Direct-material price variance….?
Direct-material quantity variance.$6,000 U
Direct-labor rate variance…………………..$8,800 U
Direct-labor efficiency variance……………..2,800 F
Variable-overhead spending variance……………………$2,640U…….
variable-overhead efficiency variance…………………. 1,200 F……
Fixed-overhead budget variance…………………………………$3250
Fixed-overhead volume variance…………………………………….?

In addition to the fragementary data still legible on the performance report, your neighbor happended to remember the following facts.
-planned porduction of X’s sole product was 500 units more than actual production
-all of the direct material purchased in January was used in production
-There were no beginning or ending inventories
-Variable and fixed overhead are applied on the basis of direct-labor hours. The fixed overhead rate is $4.00 per hour

Reconstruct the following facts:
1.planned production (in units)
2.Actual production (in units)
3.Actual fixed overhead
4.Total standard allowed direct-labor hours
5.actual direc-labor rate
6.standard varable-overhead rate
7.actual variable-overhead rate
8.tandard direct-material quantity per unit
9.direct-material price variance
10.applied fixed overhead
11.fixed-overhead volume variance
I have my numbers but am not sure im using the right formulas i need to double check my work. Im using managerial accounting 7th edition, ronald hilton ch.11