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- Parsa Real Estate Parsa Real Estate is a company that buys and rents real estate. The company is looking into buying an office building for $1M. The building has 10,000 square feet of rentable office space. The company analysts predict that they can rent the office space for $6 per square foot per month, but demand is a function of price in the following way: % Occupied = 2 - 0.2*Rent (Rent is in dollars per square foot per month. Also, at $6.00, Oscar thinks he can fill about 80% of the office space.) The building needs to be maintained (security, insurance, maintenance, etc.), which costs $10,000 per month regardless of occupancy. Also, there is a variable cost of $2 per month for each square foot occupied. Define the return on invested capital as the ratio of the profits (PER YEAR) and the invested capital. You can draw an ROIC tree in the same way that we drew a KPI tree in class. Simply have the ROIC as “the root” of the tree instead of profits. Then answer the following question.…The Stratton Company produces two basic types of plastic pipe. Three resources are crucial to the output of pipe: extrusion hours, packaging hours, and a special additive to the plastic raw material. The following data represent next week’s situation. All data are expressed in units of 100 feet of pipe. Product Resource Type 1 Type 2 Resource Availability Extrusion Packaging Additive mix 4 hr 2 hr 2 lb 6 hr 2 hr 1 lb 48 hr 18 hr 16 lb The contribution to profits and overhead per 100 feet of pipe is $34 for type 1 and $40 for type 2. Formulate a linear programming model to determine how much of each type of pipe should be produced to maximize contribution to profits and to overhead, assuming that everything produced can be sold.Given the following data on inputs and outputs at a work center, determine the cumulative deviation and the backlog for each time period. The beginning backlog is 7.PERIOD1 2 3 4 5 6Input Planned 200 200 180 190 190 200Actual 210 200 179 195 193 194PERIOD1 2 3 4 5 6Output Planned 200 200 180 190 190 200Actual 205 194 177 195 193 200
- Mazen has been an operations’ manager at XYZ company for the past 5 years. He holds many complex tasks and is required to stay connected and updated with information concerning the employees and the customers. Moreover, he is aware of the importance of consistently gathering, giving and receiving information.One day, he receives a financial report stating that sales for the past weekend have dropped about 10%. He assumes that this problem is caused by the recent increase in prices and doesn’t gather further information nor find alternatives to solve this problem. Mazen is being a: * 1 Problem avoider 2Problem solver 3 Problem seeker 4 Problem creatorTasty Tim’s Tasty Tim’s is a specialty taco restaurant. The following tasks are required for the successful assembly of a Tasty taco (times are in seconds per taco): Chop and trim meat – 30 Chop vegetables – 20 Grill meat – 240 Grill vegetables – 180 Prepare toppings - Lettuce - 10 - Tomato - 15 - Guacamole - 40 Assemble taco - Add meat - 5 - Add vegetables - 5 - Add cheese - 5 - Add toppings - 10 Wrap taco - 20 During the lunch hour, Tasty Tim’s encounters demand for 120 tacos. What is the labor content of one of Tasty Tim’s tacos?Tasty Tim’s Tasty Tim’s is a specialty taco restaurant. The following tasks are required for the successful assembly of a Tasty taco (times are in seconds per taco): Chop and trim meat – 30 Chop vegetables – 20 Grill meat – 240 Grill vegetables – 180 Prepare toppings - Lettuce - 10 - Tomato - 15 - Guacamole - 40 Assemble taco - Add meat - 5 - Add vegetables - 5 - Add cheese - 5 - Add toppings - 10 Wrap taco - 20 During the lunch hour, Tasty Tim’s encounters demand for 120 tacos. A) What is the labor content of one of Tasty Tim’s tacos? B) What is the Takt time (in seconds/unit) takt time for Tasty Tim’s taco shop? C) In an ideal world, how many workers should Tim hire to make tacos? D) During off-peak afternoon hours, demand at Tasty Tim’s drops to 40 tacos each hour. How many employees should Tim schedule to work during the afternoon? Again, ignore any effects of idle time or inefficiency due to poor line balancing.
- Marco, a plumbing, heating and AC company located in California, has a simple butpowerful product strategy: ‘Solve the customer’s problem no matter what, solve theproblem when the customer needs it solved, and make sure the customer feels goodwhen you leave’. The company guaranteed, same day service for customers requiringit. The company provides 24 x 7 services at no extra charge for customers whose ACdies in hot summer Sunday or whose toilet overflows at 2.30 AM. The companyguarantees the price of a job to the penny before the work begins. Whereas mostcompetitors guarantee their work for 30 days, Marco guarantees all parts and labourfor one year. The company assesses no travel charges as “it’s not fair to charge customers for driving out.” The company owner says: “We are in an industry thatdoesn’t have best reputation. If we start making money our main goal, we are introuble. So I stress customer satisfaction; money is a by-product.”The company uses hiring, ongoing training and…. Marco, a plumbing, heating and AC company located in California, has a simple butpowerful product strategy: ‘Solve the customer’s problem no matter what, solve theproblem when the customer needs it solved, and make sure the customer feels goodwhen you leave’. The company guaranteed, same day service for customers requiringit. The company provides 24 x 7 services at no extra charge for customers whose ACdies in hot summer Sunday or whose toilet overflows at 2.30 AM. The companyguarantees the price of a job to the penny before the work begins. Whereas mostcompetitors guarantee their work for 30 days, Marco guarantees all parts and labourfor one year. The company assesses no travel charges as “it’s not fair to charge customers for driving out.” The company owner says: “We are in an industry thatdoesn’t have best reputation. If we start making money our main goal, we are introuble. So I stress customer satisfaction; money is a by-product.”The company uses hiring, ongoing training and…Which one of the following is key element to overall athletic performance? Select one: a. Increase available lactic acid to increase neural sensitivity. b. Building up inorganic phosphate depos above 10 mM levels to increase muscle contractibility. c. To maxXimize energy use without reaching the limitations of any of the energy supply systems. d. Minimize tissue hydration in order to maximize osmolality of tissue
- Pls help What would the correlogram (ac/pac) look like for both, (i) the ARMA model, and, (ii) the ARIMA model?Lawrence is a Chief Financial Officer of an E-Sports company. One of his main duties is to take care of financial reporting. He is concerned about how to improve the financial performance of the whole company. He is considering engaging a consultancy firm to develop Robotic Process Automation for accounting functions. He hopes that he can help the company to reduce the staff cost of the accounting function by laying off one-third of the accounting staff once the Robotic Process Automation is completed. Lawrence expects to lay off those staff who got more over-time salary before.Identify the ethical issue(s), if any, involved in this case.Who are the stakeholders in this situation? How are they affected?What are Lawrence’s alternatives?What course of action will you suggest Lawrence take? Justify your suggestionGreat Valley Income TaxAdvice GV is a small accounting firm supporting wealthy individuals in their preparation of annual income tax statements. Every December, GV sends out a short survey to their customers,asking for the information required for preparing the tax statements. Based on 50 years ofexperience, GV categorizes their cases into the followinggroups: • Group 1 (new customers, easy): 15 percent ofcases • Group 2 (new customers, complex): 5 percent of cases • Group 3 (repeat customers, easy): 50 percent ofcases • Group 4 (repeat customers, complex): 30 percent ofcases Here, “easy” versus “complex” refers to the complexity of the customer’s earning situation. In order to prepare the income tax statement, GV needs to complete the followingset of activities. Processing times (and even which activities need to be carried out) depend on which group a tax statement falls into. All of the following processing times areexpressed in minutes per income tax statement. Group…