a) Describe rational decision making. (b) Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town.”
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(a) Describe rational decision making.
(b) Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town.”
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- Cite reasons for and against rebuilding Greensburg as a “green town.”Suppose that a city is considering the relocation of eight fire stations to improve fire protection in several regions. The following table shows the potential locations for fire stations along with the regions that can be covered from these locations are shown in the following table. The city wants to find the minimum number of locations necessary to provide coverage to all regions.Potential Locations for Stations Regions Potentail Locations for Stations Regions Covered A 1,2,5,7 B 1,3,5 C 2,4,6 D 1,3,5,7 E 4,5,6,7, F 2,3,7 G 1,3,4,6 H 1,3,4,6,7 a. Formulate an optimization model for this problem algebraically.b. Formulate and solve an optimization model for this problem on a spreadsheetAnswer the following questions: 2. The City of Miami is about to replace an old fire truck with a new vehicle in an effort to save maintenance and other operating costs. Which of the following items, all related to the transaction, would be considered in the decision? a. Purchase price of the new vehicle. b. Purchase price of the old vehicle. c. savings in operating costs as a result of the new vehicle. d. Proceeds from disposal of the old vehicle. 3. The book value of the equipment currently owned by a firm is an example of a(n): a. future cost. b. differential cost. c. comparative cost. d. opportunity cost. e. sunk cost. 4. An accounting information system should be designed to provide information that is useful. To be useful the information must be: a. qualitative rather than quantitative. b. unique and unavailable through other sources. c. historical in nature and not purport to predict the future. d. marginal between two…
- The Great White Hall: Flatland Views city council has advertised for proposals to build a new community center, a library and a theatre but the city council cannot agree on how to evaluate the submitted proposals. The request for proposal (RFP) specified that respondents had to meet certain basic needs, although optional items could be included. The RFP also asked that each respondent calculate a benefit/cost (B/C) ratio using a discount rate of 12%. What are the options for analyzing and making decisions on this public funding proposal? What are the opportunities for negotiation? How do you arrive at the best combination from submitted proposals?The Lake Placid Town Council decided to build a new community center to be used for conventions, concerts, and other public events, but considerable controversy surrounds the appropriate size. Many influential citizens want a large center that would be a showcase for the area. But the mayor feels that if demand does not support such a center, the community will lose a large amount of money. To provide structure for the decision process, the council narrowed the building alternatives to three sizes: small, medium, and large. Everybody agreed that the critical factor in choosing the best size is the number of people who will want to use the new facility. A regional planning consultant provided demand estimates under three scenarios: worst case, base case, and best case. The worst-case scenario corresponds to a situation in which tourism drops substantially; the base-case scenario corresponds to a situation in which Lake Placid continues to attract visitors at current levels; and the…“The primary goal of accounting for sustainability is to help mitigate the impact of businesses on the natural environment”. How would you respond to this statement? Make use of examples in your explanation. Please answer this question with minimum 150 words
- Ana Chavarria, front office manager of The Times Hotel, and Lorraine DeSantes, the hotel's director ofmarketing, learn that their city will be hosting the next Olympic Games. The city council and the tourismboard are planning to meet to work on a program to ensure that quality service will be delivered by allagencies, private and commercial, to the many guests. There will be individual groups (hotels,restaurants, public transportation, etc.) that will meet and decide on a course of action. Margaret Chu,general manager of The Times Hotel, wants Ana and Lorraine to represent the hotel on the HotelHospitality Commission, Since the next games are several years away, there is ample time to involvevarious constituencies in developing a plan for implementation. After a few meetings with thecommission, the group feels it should break into smaller teams to discuss developing specificcomponents of delivering quality service. Ana and Lorraine are heading the "Service to the InternationalVisitor"…The Lake Placid Town Council has decided to build a new community center to be used for conventions and other events, but considerable controversy surrounds the appopriate size. Many influential citizens want a large center that would be a showcase for the area, but the mayor feels that if demand does not support such a center, the community will lose a large amount of money. To provide structure for the decision process, the council narrowed the building alternatives to three sizes: small, medium, and large. Everybody agreed that the critical factor in choosing the best size is the number of people who will want to use the new facility. A regional planning consultant provided demand estimates under three scenarios: worst case, base case, and best case. The worst case scenario corresponds to a situation in which tourism drops significantly: the base case scenario correseponds to a situation in which Lake Placid continues to attract visitors at current levels: and the best case scenario…The SWOT matrix tool is used for the socio-environmental diagnosis of organizations. If a green organization is a situation in which its projects were executed to represent the commercialization of more products, this is a a. Preventive measure. b. Weakness. c. Force. d.Threat. e. Opportunity.
- More and more companies are making serious efforts to measure their corporate social responsibility outcomes because A.such efforts are easy and cheap to implement and provide good public relations. b.the government has legislated that pollutants be eliminated by 2020. their shareholders and customers require it. c.they realize that their long term profitability and sustainability is closely linked to environmental and community well being just like the rest of us. A b or c? Save for LaterWhat is the name of the book that NFP and government professionals need to be familiar with? A. The green book B. The red book C. The yellow book D. The black bookCreate CPA Accounting Critical Quantitative Analysis of the following, determine best recommendation and justify the decison criteria used for final decision: GBC Consultants, Inc., must replace its existing roof and is investigating whether it should replace its current roof with a long-lasting composite roof or a living roof. The management feel that a ‘green roof’ could enhance their performance in the new corporate ESG reports included in their annual report. They have hired your consulting firm to analyze the options and advise them on the choices available. You must make your final recommendation to the GBC executives as a presentation. A living roof is a roof of a building that is completely covered with grass or other vegetation planted over a waterproof layer (to protect the building interior). Why are green roofs good? Various studies have been done on the topic, and they found that green roofs are environmentally friendly. That is because of their ability to retain…