A company has a process that results in 6,000 pounds of Product A that can be sold for $8 per pound. An alternative would be to process Product A further at a cost of $40,000 and then sell it for $14 per pound. Should management sell Product A now or should Product A be processed […]
“My evaluation of journals will focus on originality, application of your sociological imagination, evidence of your commitment to the effort, and the whole range of stylistic issues. It is critical that your entries be sociological; they must be informed by sociological concepts (social construction of deviance, framing, hegemonic and subversive narratives, definition of the situation, […]
Your production line, when correctly adjusted, fills containers with an average of 12 ounces of soda per can with a standard deviation of .25 ounces. IF I take a random sample of 40 cans, what is the probability that the sample mean, X is greater than 12.05, for a correctly operating line?
April is Mathematics Awareness Month and the theme this year is Mathematics, Statistics, and the Data Deluge. There is evidence of data collection, display and analysis all around. You have learned about many types of data displays and will learn many more throughout the years. It is important to be able to look at data […]
Your firm has the following data on Sales and Advertising. I want you to estimate the following regression: [removed]; specifically, what is the estimate of the slope term, [removed]. For testing purposes, I included only 10 observations. In the real world, please don’t estimate regressions with anything less than 30 observations. Advertising Sales 339 1103 […]
Your production line, when correctly adjusted, fills containers with an average of 12 ounces of soda per can with a standard deviation of .25 ounces. IF I take a random sample of 40 cans, should I shut the line down if xbar is 12.04, if I want to shut down a correctly operating production line […]
Challenge Problem: Today is your birthday and you are now 37! You are planning your retirement and have decided that you can save $8,000.00 per year to go toward your retirement. The plan is to make your first deposit one year from today. You found a mutual fund that is expected to provide a return […]
Assignment 1: Discussion—Analyzing Cost of Capital With the assistance of Sensible Essentials, the operations management team now understands the cost implications associated with providing adequate funds to implement the organization’s growth plan. The team has concluded that the plans would be financed using both debt and equity. Sensible Essentials offered to provide Genesis a set […]
Assignment 2: Genesis Capital Plan Report The Genesis operations management team, nearing completion of its agreement with Sensible Essentials, was asked by senior management to present a capital plan for the operating expansion. The capital plan was not to be a wish list but an analysis of the necessary expenditures to successfully establish a fully […]
You have been discussing your new “molecular prowess” and people have noticed. You have been given the opportunity to propose a molecular assay and develop a molecular laboratory. This will require that you write a proposal to administration. This proposal must include your assay design and equipment list. You must propose how you would use […]
