Assume that we have two events, A and B, that are mutually exclusive. Assume further that we know P(

Assume that we have two events, A and B, that are mutually exclusive. Assume further that we know P(A) = 0.65 and P(B) = 0.35.

 

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1.2 Radioactive waste disposal as well as the production of radioactive material in some mining…

1.2 Radioactive waste disposal as well as the production of radioactive material in some mining operations are creating a serious pollution problem in some areas of the United States. State health officials have decided to investigate the radioactivity levels in one suspect area. Two hundred points in the area are randomly selected and the level of radioactivity is measured at each

point. Answer questions (a), (b), (c), and (d) in Exercise 1.1 for this sampling situation.

 

 

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Question 2: Pricing & possible plant closureHandy Household Products Ltd is a multiproduct…

Question 2: Pricing & possible plant closureHandy Household Products Ltd is a multiproduct company with several manufacturing plants. The Fremantle plant manufactures and distributes two household cleaning and polishing compounds, standard and commercial, under the Clean & Bright label. The forecast operating results for the first six months of the current year, when 100000 boxes of each compound are expected to be manufactured and sold, are presented in the following statement:Clean&BrightCompounds,FremantleplantForecastresultsofoperationsforthesix-monthperiod endingJune30(in$’000s)SalesCost of goods soldGross profitSelling and administrative expenses: VariableFixed*Total selling and administrative expenses Profit (loss) before taxesStandard$20001600 $ 400$ 400 240 $ 640$ (240)Commercial$30001900 $1100$ 700$1060 $= 4 0Total$50003500 $1500$1100§QQ$1700 $(200)*The fixed selling and administrative expenses are allocated between the two products on the basis of dollar sales volume.The standard compound sold for $20 a box and the commercial compound sold for $30 a box during the first six months of the year. The manufacturing costs are presented in the schedule below. Each product is manufactured on a separate production line. Annual normal manufacturing capacity is 200 000 boxes of each product. However. the plant is capable of producing 250 000 boxes of standard compound and 350000 boxes of commercial compound annually.Direct materialDirect labourVariable manufacturing overheadFixed manufacturing overheadTotal manufacturing costVariable selling and administrative costsCostperboxStandard Commercial$7.00 $8.00 4.00 4.00 1.00 2.00 4.00 5.00 $16.00 $19.00 $4.00 $7.00The following schedule reflects the consensus of top management regarding the price-volume alternatives for the Clean & Bright products for the last six months of the current year. These are essentially the same alternatives management had during the first six months of the year.Alternative prices (per box)$18 20 21 22 23Sales volume (in boxes)Alternative prices (per box)Sales volume (in boxes)175000 140000 10000055000 35000Standard compoundCommercialcompound120000 $25 100000 27 90000 30 80000 32 50000 354Handy Household Products’ top management believe that the loss for the first six months reflects a tight profit margin caused by intense competition. Management also believe that many companies will leave this market by next year and profit should improve.Required:What unit selling price should management select for each of the Clean & Bright compounds for the remaining six months of the year to maximise profit? Support your selection with appropriate calculations.Independently of your answer to requirement 1, assume that the optimum alternatives for the last six months were as follows: a selling price of $23 and volume of 50 000 boxes for the standard compound, and a selling price of $35 and volume of 35 000 boxes for the commercial compound.(a) Should management consider closing down the plant’s operations until January 1 of the next year in order to minimise its losses? Support your answer with appropriate calculations.(b) Identify and discuss the strategic factors that should be considered in deciding whether the Fremantle plant should be closed down during the last six months of the current year.

 

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Budgets are ___________________________. (Points : 1)a tool for management to use to penalize manage

Budgets are ___________________________. (Points : 1)a tool for management to use to penalize managers with poor performancedetailed financial plans that quantify future expectations and actionsbusy work assigned to keep department managers from wasting valuable time onpersonal choresa performance management tool that is automatically created by a firms accountingsystem once sales figures for the year are known.01347749750MultipleChoice1Question 2. 2. All of the following are parts of a Master budget except a___________________.(Points : 1)sales budgetproduction budgetdirect labor budgetbalanced scorecard01347749751MultipleChoice2Question 3. 3. Managers would prefer a budget prepared______________________________.(Points : 1)by the budget committeeutilizing the top-down approachutilizing the bottom-up approachutilizing none of the methods listed here01347749752MultipleChoice3Question 4. 4. Padding a budget __________________________________. (Points : 1)is a smart use of company funds by a managerdoes little to advance organizational efficiencymay induce wasteful spendingis impacted by more than one of the solutions listed here01347749753MultipleChoice4Question 5. 5. Budgeting is _______________________________. (Points : 1)an exact sciencegoing to involve the use of estimatesnot going to ever produce a variance if properly preparednever created using information from a previous period01347749754MultipleChoice5Question 6. 6. Standards are ______________________________. (Points : 1)the predetermined expectations about the inputs required to achieve anticipated output.the result of engineers and accountants trying to reach a targeted net income figure onthe budgetsingular in purposeset so stringent that no manager can possibly achieve them01347749755MultipleChoice6Question 7. 7. Production Standards should be set ______________________. (Points : 1)by the managerial accountantby an engineerby the production department managerby some combination of the above individuals and possibly others not named here01347749756MultipleChoice7Question 8. 8. When actual cost is more than planned __________________. (Points : 1)a favorable variance is producedan unfavorable variance is producedno variance is producedthere is no way to calculate which way the variance will fall without more information01347749757MultipleChoice8Question 9. 9. The materials price variance reveals the difference between____________________. (Points : 1)the price paid for materials and the quantity of materials usedthe quantity of materials used and the quantity of materials allowed for good outputnone of the solutions offered herethe standard price for materials purchased and the amount actually paid for thosematerials01347749758MultipleChoice9Question 10. 10. If the actual factory overhead applied is more than the actual factory overheadincurred _________. (Points : 1)a favorable variance is producedan unfavorable variance is producedno variance is producedthere is no way to calculate which way the variance will fall without more information

 

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Evaluation of Current Status (This is a determination of how the firm is doing right now in… 1 answer below »

1. Evaluation of Current Status (This is a determination of how the firm is doing right now in moving from where it is to where it wants to be). As part of this analysis evaluate: 1. external environment, 2. strategic environment, and 3. internal systems. 2. Evaluation of the GM's Future (The evaluation of the firm’s future direction and its industry should also consider the same three dimensions identified above. This efforts generate ideas about the firm’s present and future revenue drivers and how they might be affected by changes in the general and competitive environment). The easiest method is simply scanning the environment for changes along the three dimensions. 1. external environment, 2. strategic environment, and 3. internal systems.

 

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In in case 21: Mondele?z International: Has Corporate Restructuring Produced Shareholder Value ? Joh

In in case 21:

Mondele?z International: Has Corporate Restructuring Produced Shareholder Value?

John E Gamble Texas A&M University-Corpus Christi (Business Policy and Strategy 141), What is Mondelez International strategic issue ?

Why? What are the implications if the firm does not fix this issue?

 

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Strategic alliances mean partnering for advantage. In more than one case recently, competitors have

Strategic alliances mean partnering for advantage. In more than one case recently, competitors have become strategic allies as two or more companies search for advantage. In at least 500 words, using APA format to cite sources.Describe such an alliance in today’s business alliances. Include an assessment of what it means for all of the partners.

 

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Research by B Hatchwell et al on divorce rates among Research by B. Hatchwell et al. on divorce…

Research by B Hatchwell et al on divorce rates among
Research by B. Hatchwell et al. on divorce rates among the long-tailed tit (Aegithalos caudatus) appeared in Science News (Vol. 157, No. 20, p. 317). Tracking birds in Yorkshire from one breeding season to the next, the researchers noted that 63% of pairs divorced and that “. . . compared with moms whose offspring had died, nearly twice the percentage of females that raised their youngsters to the fledgling stage moved out of the family flock and took mates elsewhere the next season-81% versus 43%.” For the females in this study, find

a. The percentage whose offspring died. (Hint: You will need to use the rule of total probability and the complementation rule.)

b. The percentage that divorced and whose offspring died.

c. The percentage whose offspring died among those that divorced.

Research by B Hatchwell et al on divorce rates among

 

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When visiting relatives, one of the older females develops sharp severe right upper quadrant abdomin

When visiting relatives, one of the older females develops sharp severe right upper quadrant abdominal pain Based on your knowledge of pathophysiology, you suspect it is cholelithiasis or cholecystitis What would you ask her to could help determine which is which? If she were to go to the ER for help, what laboratory tests might be ordered? What would these results show if she had either one? How might these labs differ based on which one it was?

 

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Question 1 Points: 10 out of 10 Would the following be considered a violation of user access agreeme

Question 1
Points: 10 out of 10
Would the following be considered a
violation of user access agreement?
Visiting social networking sites during
lunch breaks
• Yes
• No
• Maybe
Question 2
Points: 10 out of 10
For the following scenario, indicate whether
the activity would likely be or not be a violation of an employee code of
conduct: Joshua is running for a position on the local Parent/Teachers
Association (PTA). In order to bolster his credentials for the position, he
uses stationery from the college where he is employed.
• Likely a violation
• Likely not a violation
Question 3
Points: 10 out of 10
You are the owner of a small business. In
the last year, you have started to hire employees and you now have 5 employees.
Each has his or her own personal computer and you have hired a consultant to
establish a local area network for your business. You realize that you should
draw up a user access agreement and a code of conduct for your employees. Which
of the three documents listed below should you create first?
• The professional association code of ethics
• The code of conduct
• The user access agreement
Question 4
Points: 10 out of 10
Using company-owned equipment and software,
you write a software program as part of your job requirements. This is an
original creation of yours, so are you free to use it outside of work and even
sell it to others?
• Yes
• No
Question 5
Points: 10 out of 10
True or false? Social networking through
such services as Facebook, Twitter, LinkedIn, and YouTube have made significant
changes to the way people gather and share information and experiences.
Downloads from these services are safe from data theft and viruses.
• True
• False
Question 6
Points: 10 out of 10
Which of the following statements is true?
• Cyberbullies attack only minors.
• Cyberstalking is the cyberbullying of an
adult.
• Cyberstalkers rarely request face-to-face
meetings with their victims.

 

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