Business -content– A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets. In this assessment, you will demonstrate your ability to analyze the effects of several “shocks” on the market for first class mail (e.g., letters). Pay Raise: Suppose postal workers are successful in obtaining a pay raise from the U.S. Postal Service. Will this affect the supply or the demand for first class mail? Why? Which determinant of demand or supply is being affected? How will this change the equilibrium price and quantity of first class mail? Explain your reasoning. (Be sure to identify which of the following apply: the cost of production, a change in technology, tastes and preferences, income, the price of substitutes or the price of complements affects equilibrium price and equilibrium quantity) Email and Text: Now consider the invention of email and text messaging. Explain how you imagine the invention of email and text messaging affected the market for first class mail? Why? Which determinant of demand or supply is being affected? How will this change the equilibrium price and quantity of first class mail? Explain your reasoning. (Be sure to identify which of the following apply: the cost of production, a change in technology, tastes and preferences, income, the price of substitutes or the price of complements affects equilibrium price and equilibrium quantity) Combine Cases 1 and 2: Suppose that postal workers get a pay raise and email and text messaging become common. What will the combined impact be on the equilibrium price and quantity of first class mail? Is equilibrium price or equilibrium quantity indeterminate? Explain your reasoning. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Business -content– Write paper in response to the following prompts: How would you characterize the career-planning approach taken by the HR staff team at Gunderson Lutheran? Explain the challenges or issues the team might have encountered during implementation of their plan. Describe two other strategies or approaches you think the HR staff team could have taken to achieve their goals, particularly in relation to developing leaders at the organization. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Economic Problems -content– Problem 1 American Ball Co. (ABC) is a rubber ball manufacturer. It has monthly fixed costs of $2,000,000. Its marginal costs are $1.00 per ball. • What happens if sales fall by 20% from 2,000,000 to 1,600,000 balls per month? • What happens to average fixed costs (AFC) per widget and the marginal costs per ball? • If sales fall by 20 percent from 2 million balls per month to 1,600,000 balls per month, what happens to the AFC per ball, the MC per paper, and to the minimum amount that you must charge to break even on these costs? Hint: Here Marginal Cost (MC) is constant, which implies that Average Variable Cost (AVC) is constant and equals MC. This does not imply Average Total Cost (ATC) is constant or has to equal MC. Total Cost (TC) = Fixed Cost (FC) + Variable Cost (VC). Divide through by the quantity Q, which implies TC/Q = FC/Q + VC/Q. This gives us ATC = AFC + AVC. Problem 2 Consult the chart below to solve the following questions. TotalProduct AverageFixed Cost AverageVariableCost AverageTotalCost MarginalCost 0 45 1 $60.00 $45.00 $105.00 40 2 30.00 42.50 72.50 35 3 20.00 40.00 60.00 30 4 15.00 37.50 52.50 35 5 12.00 37.00 49.00 40 6 10.00 37.50 47.50 45 7 8.57 38.57 47.14 55 8 7.50 40.63 48.13 65 9 6.67 43.33 50.00 65 10 6.00 46.50 52.50 • At a product price of $56, will this firm produce in the short run? If it is preferable to produce, what will be the profit-maximizing or loss-minimizing output? What economic profit or loss will the firm realize per unit of output? • Answer the questions above for a product price of $41. • Answer the questions above for a product price of $32. Problem 3 A firm in a purely competitive industry is currently producing 2000 units per day at a total cost of $900. If the firm produced 1600 units per day, its total cost would be $600, and if it produced 1000 units per day, its total cost would be $550. • What is the firm’s ATC per unit at these three levels of production? • If every firm in this industry has the same cost structure, is the industry in the long-run competitive equilibrium? • From what you know about these firms’ cost structures, what is the highest possible price per unit that could exist as the market price in longâ€run equilibrium? If this price was the market price and if the normal rate of profit is 10%, what will each firm’s accounting profit be (per unit)? PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Health Information Management training outline and agenda -content– 1. In this scenario, you are responsible for organizing general training for new HIM staff. This week, you need to prepare an outline for the training plan and prepare an agenda for the first training meeting. Your supervisor has asked you to break up the training into 4 one hour segments. Create the outline and agenda in one document. Consider the following training goals in your outline: • Present an overview of the department (departments and staff) • Discuss hours of operation • Discuss who the “customers” are of the HIM Department and the expectations for excellence and quality in customer service • List hospital meetings that involve HIM • Describe ways that meetings within the department are used for important communication • Present HIPAA and confidentiality • Identify the Performance Improvement expectations and culture of the department • List committees of the department • Review of hospital policies and procedures • Review of professional development opportunities, in services, etc. • Final Question and Answer session Design a PPT presentation for the training session outline and agenda completed above. 2. You will be responsible for finding, scheduling and attending two field trips to an HIM Department or some related facility or organization. A hospital will be the first choice, but other options are a clinic, physician office, long term care facility, home health care organization, or other approved by your instructor. write a plan for fulfilling these field trip requirements. Include 3 site options for each of the visits and your planned timeline for completing the visits. Do some initial calling and research and include phone numbers and names of contacts who you will be calling to request these visits. • Field Trip 1 – EHR Exploration: Visit an HIM Department or other facility that uses an electronic health record. For this visit, an EHR software vendor would also be appropriate. A worksheet is provided to guide you through questions to ask during your visit. Approximate visit time: 1 hour • Field Trip 2 – Release of Information: Visit an HIM Department or other facility that maintains patient health information and manages requests for release of information. For this visit, a release of information company is also an option. Approximate visit time: 1 hour PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Corporate finance -content– 1. Assume that you have analyzed a project in Indian Rupees (expected inflation rate is 5%) and arrived at a net present value of Rs 1 billion.If you do your analysis entirely in US dollars (expected inflation rate is 2%) which of the following would you expect to happen to the numbers in your analysis? a. Your growth rate will be lower and your cost of capital will be higher b. Your growth rate will be higher and your cost of capital will be lower c. Your growth rate will be higher and your cost of capital will be higher d. Your growth rate will be lower and your cost of capital will be lower e. Your growth rate and cost of capital will be unchanged. 2. The NPV of an investment is the PV of the cash flows over the life of the investment.Lengthening the life of a project,holding the discount rate constant,will therefore always increase the NPV. a. True b. False 3. You have computed the NPV of a project to be $25 million,using expected cash flows and a risk-adjusted discount rate.You are,however,concerned that you may have made errors on estimating the cash flows and the discountn rate. Which of the following make you feel more comfortable with taking the project, given this fear? a. The project has a long payback period b. In your best case scenario,thenproject has a NPV of $80 million c. The standard deviation in the NPV,when you do a Monte Carlo simulation yields a high value d. In your worst case scenario, the project has a NPV of $2 million e. The project NPV is very sensitive to changes in your discount rate 4. Most analysts follow up a project analysis by asking what-if questions, where they assess the impact of changing assumptions and examining the effect on the bottom line (NPV,IRR etc).If you decide to do this, how should you approach the sensitivity analysis and how would you use it? a. Ask what-if questions about every input into the analysis and reject the project,if any of the scenarios yields a bad outcome (negative NPV). b. Ask what-if questions about key inputs into the analysis and reject the project, if any of the scenarios yields a bad outcome (negative NPV). c. Ask what-if questions about every input into the analysis and use it to generate a range of values for the decision variable (NPV) d. Ask what-if questions about key inputs into the analysis and use it to generate a range of values for the decision variable(NPV) e. Ask what-if questions about key inputs into the analysis and use it to determine how to manage a project better or increase its value. 5. In a Monte Carlo simulation,rather than enter expected values for each input,you enter distributions,with parameters, for each input. Which of the following is a benefit of Monte Carlo simulations? a. It forces you to think about your inputs(and what may cause them to change) more seriously. b. It allows you to allow for co-movements in your inputs(such as assuming that your revenue growth will be high when margins are high). c. It yields a distribution for your output variable(like NPV) rather than a single number. d. It enables you to see the range of outcomes on a project (best case, worst case etc.). e. All of the above. Session 16: 1. d.Your growth rate will be lower and your cost of capital will be lower. Both numbers will be lower by roughly 3% (the differential inflation rate). 2. False. As you lengthen a project’s life, you have to increase capital maintenance in the earlier years. This will result in lower cash flows, which can more than offset any benefit from a longer life(and a higher terminal value), at least for some projects. 3. d. In your worst-case scenario,the project has a NPV of $2 million.The fact that your NPV is positive even in your worst-case scenario should comfort you,because even in its worst form, this project still creates value (just not as much as you thought it would). All of the other choices will make you even more uncomfortable about uncertainty. 4. e. Ask what-if questions about key inputs into the analysis and use it to determine how to manage a project better or increase its value.It is better to focus on a few key inputs and rather than reject a project just because a few scenarios yield bad results, you should use the analysis to help you determine that variables that you will track on this project, assuming that it passes muster. 5. e.All of the above PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Basic Productivity Applications -content– Your organization is anticipating the arrival of a new CEO or agency head. Management assigned you the task of preparing briefing materials for your new executive. They have asked you to provide key information in a well organized manner on the current status of human resources, budget, security, facilities, and IT. You are required to create a MS Word document that includes a separate section on each area. Be sure to use many of the features you have learned in the course, including using formulas for adding in tables, making changes to font size and style as appropriate for impact, adjust table column and row sizes, use appropriate colors in charts, insert graphics, insert hyperlinks, insert page numbering, insert headers or footers, and use SmartArt. To create this briefing document, include all of the following items under each topic: Overview – Create a coverpage with the name of your organization and date of the presentation – Write a brief paragraph describing the mission and objectives of the organization, its size, and the overall budget. Human Resources – Create a table showing each employee’s name, title, grade and salary Budget – Create a table showing all spending – Create a chart displaying that spending for each category Security – Show the security level for each employee and any other pertinent information Facilities – Show the address of each building location – Insert a photo for each building Information Technology – Describe the current IT system and network – Create a chart to show all software programs that are available PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Sales goals -content– Discuss why sales goals are set and what would happen without them. what is realistic when creating a sales goal? What factors need to be taken into consideration? Why is each important? Based on this how would you conduct a performance evaluation? What qualitative and quantitative factors would be most important to you and why? PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Risk Management Problem Set -content– Supermarkets often receive damaged food products in shipments which they cannot sell to customers. Bill’s Supermarket is a small grocery store located in Cleveland. ShopAll is a large, multi-state supermarket in the Midwest. Bill’s receives 150 shipments per month. In the past four months, Bill’s received 35, 55, 65, and 45 shipments with damaged food products. ShopAll receives 10,000 shipments per month. In the past four months,ShopAll received 2,450, 2,850, 2,200, and 2,500 shipments with damaged food products. What is the probability of a shipment containing damaged food products for each business? Calculate the standard deviation and coefficient of variation of damaged shipments for the two businesses. Which business has greater risk concerning the occurrence of a damaged food shipment? The average amount of unsellable food for Bill’s is $25. Based on this past data, what is Bill’s Expected Loss for damaged food products next month? PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Supply & Demand -content– A key skill in economics is the ability to use the theory of supply and demand to analyze specific markets. In this assessment, you will demonstrate your ability to analyze the effects of several “shocks†on the market for first class mail (e.g., letters). Pay Raise: Suppose postal workers are successful in obtaining a pay raise from the U.S. Postal Service. Will this affect the supply or the demand for first class mail? Why? Which determinant of demand or supply is being affected? Show graphically with before and after curves on the same axes. How will this change the equilibrium price and quantity of first class mail? Explain your reasoning. ( identify which of the following apply: the cost of production, a change in technology, tastes and preferences, income, the price of substitutes or the price of complements affects equilibrium price and equilibrium quantity) Email and Text: Now consider the invention of email and text messaging. Explain how you imagine the invention of email and text messaging affected the market for first class mail? Why? Which determinant of demand or supply is being affected? Show graphically with before and after curves on the same axes. How will this change the equilibrium price and quantity of first class mail? Explain your reasoning. (identify which of the following apply: the cost of production, a change in technology, tastes and preferences, income, the price of substitutes or the price of complements affects equilibrium price and equilibrium quantity) Combine Cases 1 and 2: Suppose that postal workers get a pay raise and email and text messaging become common. What will the combined impact be on the equilibrium price and quantity of first class mail? Explain your reasoning and show graphically. Remember quantity falls, but change in price is indeterminate, since it depends on which curve shifts more. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
Thermodynamics -content– Problem 1 – 25 points A heat engine operating at steady state has a thermal efficiency of 35% and generates 100 MW of electricity while discharging energy by heat transfer to cooling water at an average temperature of 20°C. The average temperature of the steam passing through the boiler is 460°C. (a) What is the rate at which energy is discharged to the cooling water (MW)? (b) What is the minimum theoretical rate at which energy could be discharged to the cooling water (MW)? Problem 2 – 25 points Each of the parts below is a separate problem. calculate the appropriate quantity. (a) Refrigerant-134a at T = 40°F and s = 0.22194 Btu/lbm·°R. Find u (Btu/lbm). (b) Water at P = 5.0 MPa and T = 100°C. Find the exact value of s (kJ/kg·K). (c) Refrigerant-134a at P = 80 psia and T = 50°F. Find s (Btu/lbm·°R). (d) Nitrogen (ideal gas) at T = 250 K. Find (kJ/kmol·K). (e) An inventor claims to have developed a refrigerator that maintains the refrigerated space at 40°F while operating in a room where the temperature is 85°F and that has a COP of 13.5. Is this claim reasonable? Problem 3 – 25 points A Carnot heat engine drives a Carnot refrigeration cycle as shown. (a) How much work does the heat engine produce (in Btu)? (b) What is T3 (in °R)? (c) What is Q3 (in Btu)? Problem 4 – 25 points Steam at 1 MPa and 600°C enters a well-insulated turbine operating at steady state with a velocity of 50 m/s and exits at 0.01 MPa with a velocity of 100 m/s. The work developed per kg of steam flowing is claimed to be 1050 kJ/kg. Is this a valid claim? (Clearly justify your answer). Assume negligible potential energy changes. Problem 1 – 25 points Steam enters an adiabatic turbine at 8 MPa and 500°C at a rate of 18 kg/s, and exits at 0.2 MPa and 300°C. Determine the rate of entropy generation (kW/K) in the turbine. Problem 3 – 25 points Steam enters an adiabatic turbine at 8 MPa and 500°C with a mass flow rate of 3 kg/s and leaves at 30 kPa. The isentropic efficiency of the turbine is 0.90. Determine the poweroutput (MW) of the turbine. PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A GOOD DISCOUNT Read More »
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