Soria M6 exercise #3

The management of Pearson Institute of Higher Education (PIHE) has decided to run a registrationpromotion to give students some discount on their fees. The promotion is as follows:• Complete Registration at least two weeks before resumption, 5% discount is given• Up to 70% payment and black south African, 5% discount is given• Complete payment onsite, 5% discount given 1.2 Draw a decision table to represent your decision tree 1.3 Represent your decision table in a structure English

H4. In a construction contract, there is a $1000 per day estimate of damages for each day that the contract runs over the completion date. The contractor is 30 days late when the job is completed, resulting in a prospective damage award of $30,000. What is this type of clause, and when will it be enforced?  Please show all calculation

Q1: There is the possibility of conflicts between stockholders and management in a large corporation. We called these conflicts agency problems and discussed how they might be controlled and reduced.

Pls help ASAP for both

S1: Cost plus contract is a contract used on long term construction contracts in which the contractor agrees to a contract price that is fixed, either at the inception or at a fixed rate per unit of output, which in some cases may be subject to cost escalation clauses. S2: Variable contract is a construction contract in which the contractor is reimbursed for allowable or otherwise defined costs, plus a percentage of these costs or a fixed fee. A. S2 True; S1 False B. S1 True; S2 False C. Both are false D. Both are true

The Jennings Construction Company has decided to bid on the construction for each of the two phases of a large project. The bidding requirements are that the costs for each phase be submitted separately together with a transition cost for turning over the first phase of the program to a second contractor should Jennings not receive both awards or perform unsatisfactorily on the first phase. The evaluation for the award of the second phase will not be made until the first phase is near completion. How can the transition costs be identified in the strategic planning model?

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Please do not give solution in image format thanku our Task: Read the letter and instructions below. Then write a polite adjustment letter to Pamela Eyring, Nambe Engineering Solutions, Inc. 2328 San Paulo St., Santa Fe, NM, 87505, to secure the customer's goodwill and future business. The Letter: January 30, 2023 Mr. Scott Hogarth Regional General Manager Protocol Car Rentals, 121 Aviation Drive Santa Fe, NM 87507 Dear Regional General Manager Scott Hogarth: You’re not going to believe this horror story I have to relate to you about how incompetent the amateurish bozos are that work for you! You should fire the whole bunch at the Santa Fe Airport branch. I’m tired of lousy service and of being charged

2. Consider a bidding problem similar to that presented in class. You can still either bid high or low on either the dam or highway project, or you can not prepare a bid. However, the probabilities and outcomes are given in Tables 2.1 and 2.2. Table 2.1 Probabilities and profits of bid results Project Probability Conditional Profit [$] Bid Type of Result Upon Bid of Bid of Result High Win 0.20 Table 2.2 Lose 0.80 -50,000 Dam Low Win 0.40 Table 2.2 Lose 0.60 -50,000 High Win 0.10 Table 2.2 Lose 0.90 -100,000 Highway Low Win 0.20 Table 2.2 Lose 0.80 -100,000 Table 2.2 Outcome and probabilities, conditional on winning the bid Probability Possible of Outcome Project Bid Profit [$], if Bid is Type of Bid Upon Outcome Won High 600,000 0.60 High -100,000 0.40 Dam Low 300,000 0.70 Low -200,000 0.30 1,200,000 0.60 High High -200,000 0.40 Highway Low 600,000 0.70 Low -300,000 0.30 a(i) Consider that you want to maximize the Expected Value (EV) of profit. Draw the decision tree and "work the…

1- Lia is developing material standards for her company. The operations manager wants grade A widgets because they are the easiest to work with and are the quality the customers want. Grade B will not work because customers do not want the lower grade, and it takes more time to assemble the product than with grade A materials. Lia calls several suppliers to get prices for the widget. All are within $0.05 of each other. Since they will use millions of widgets, she decides that the $0.05 difference is important. The supplier who has the lowest price is known for delivering late and low-quality materials. Lia decides to use the supplier who is $0.02 more but delivers on time and at the right quality. This supplier charges $0.48 per widget. Each unit of product requires four widgets. What is the standard cost per unit for widgets? 2-Colts Inc. uses a standard cost system. During the most recent period, the company manufactured 115,000 units. The standard cost sheet indicates that the…

Marios wants to buy a new car. He has identified a model he likes, the Volkwagen ID3 but the price offered at 45,000 Euros is high, Marios decides to start negotiations with Mr. Dimitriadis, of Volkwagen to obtain a better price and additional benefits. Start of negotiations: - Marios contacts Mr. Dimitriadis and expresses his interest in buying the car. "Mr. Dimitriadis points out the features and advantages of the car. Mr. Demetrias describes the characteristics of the car and the characteristics of the car: - Marios proposes a lower price, 38,000 Euros from Mr. Demetriades' original offer of 45,000 Euros. - Mr. Demetriades proposes an intermediate price of 32000 Euro, indicating the benefits of the car. - Marios responds with an improved offer, 40000 Euros taking into account Mr. Dimitriadis' proposal explaining that he has difficulty with more money. - Mr. Demetriades sticks to 42,000 Euros and offers additional benefits such as free service and discount on leather seats. Reaching…

I need this question completed in 5 minutes with handwritten working out

SMT’s Negotiation with IBM SMT and one other, much larger company were asked by IBM to bid on 80 more units of a particular computer product. The RFQ (request for quote) asked that the overall bid be broken down to show the hourly rate, the parts and materials component in the price, and any charges for subcontracted services. SMT quoted $1.62 million and supplied the cost breakdown as requested. The second company submitted only one total figure, $5 million, with no cost breakdown. The decision was made to negotiate with SMT. The IBM negotiating team included two purchasing managers and two cost engineers. One cost engineer had developed manufacturing cost estimates for every component, working from engineering drawings and cost-data books that he had built up from previous experience and that contained time factors, both setup and run times, for a large variety of operations. He estimated materials costs by working both from data supplied by the IBM corporate purchasing staff and…

Prepare a proposal that covers the following:1. The logistics team decided that missing guaranteed deadlines and late delivery of goods and increase in themotor vehicles gas bill are identifiable control problems. You are asked to analyse these issues and presentyour evaluation of these, as well as present one resolution to each issue mentioned

vj subject-Accounting

Firm’s mission statement can improve and hurt the performance of a firm. Explain the reasons for such argument.

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Applying the concepts to organizations (actual cases or proposed scenarios): Apply the concepts in LO2 to an organization showing the steps, documents of an RFP. • Evaluate the outcomes of the RFP and show how RFP can evolve into: o A tendering process and then into a contractual agreement. An agreement using negotiation without a need for a tender.

Hal is negotiating his salary for a job offer. Hal’spotential employer moves first by making an offer.Hal knows he will accept the offer but asks for acouple of weeks to think it over. If the offer wasacceptable to Hal, why did he do this?

You are the Director of Contracts at the Ministry of Energy. The contract for South Coast Drilling for Oil will be advertised in 3 months.  Drilling will be During the Christmas season. One of the Oil and Gas Companies sent a hamper of expensive goodies personally addressed to you at the office. What actions might you want to take?

OPM 301 Case 5 (HAND-Written, Individual submission) CASE 5A: Using Drones as SCM logistic channel Using drones to drop off packages could be great for buyers who might want to get certain items as fast as humanly possible. Back in 2013, when Amazon revealed plans to begin delivering packages via flying drones through Prime Air, some seemed skeptical about the reality of deploying such a system. Recently, Amazon doubled down on those claims by releasing information on one of its new drones in action, and it is seriously impressive. A new video presented by former Top Gear host Jeremy Clarkson (who is working on a show for Amazon) takes us through the entire process, from ordering, to warehouse launch, to delivery. The new drone looks a lot different from the one Amazon showed us a couple of years ago. This one has a more commercial and streamlined look, and instead of showing the package hanging in open air, the new drone hides the item in a square compartment. Just Google "Amazon…

14. If a buyer defaults on a contract for sale after paying $7,000 in earnest money as a deposit, what happens to the earnest money? O The seller keeps the $7,000. O The buyer gets the money back. ○ The seller and the listing broker split the money between them O The broker keeps the $7,000

Costs that can be attributed to contract activity includes *   A. costs of hiring plant and equipment B.general administrative costs for which reimbursement is not specified in the contract C.depreciation of idle plants not used D.research and development for which reimbursement is not specified in the contract.

Pls help ASAP on both

3. (a) How would you use cost management in the context of building projects

Scenario:  The buyer and seller are engaging in an FPIF (Fixed-Price Incentive Fee) contract and agree on the following parameters: Target Cost:  $380,000 Actual Cost:  $395,000 Sharing Ratio:  Buyer 70%/30% Seller Target Profit (AKA Target Fee):  $20,000 Price Ceiling (AKA Point of Total Assumption):  $410, 000 Please fill in the blanks below with the appropriate values. Target Cost: ---------------------------------- Actual Cost: ------------------------------------- Variance (over/under): -------------------------------- Seller sharing ratio: ------------------------------------- Overrun/Underrun:---------------------------------------------- Target Profit: -------------------------------------------------------- Profit:------------------------------------------------------------- Actual Cost: ------------------------------------------------------- Price: --------------------------------------------------------------- Price Ceiling:…

4. A bank must decide which branch office to assign the account of a particularly important and high maintenance client. Is this an example of a strategic, tactical, or implementation level of decision? (See Noteshaper Quick Start Question 13) 5. A bank must decide if a particular branch office should be closed and its current location sold to another bank. Is this an example of a strategic, tactical, or implementation level of decision? (See Noteshaper Quick Start Question 14) 6. A bank has just received an electronic signal that one of its ATMS is out of service due to a lack of cash to distribute. The bank must decide whether to send a courier to restock the ATM immediately (after business hours) or to allow it to remain out of service until the main banking operation opens the following business day. Is this an example of a strategic, tactical, or implementation level of decision? (See Noteshaper Quick Start Question 15) 7. Identify a strategic, tactical, and implementation…