northwest. The first store began operations in 1965, and the company hasHappyville, Inc., operates a chain of department stores located in thesteadily grown to its present size of 44 stores. Two years ago, the board ofdirectors of Happyville approved a large-scale remodeling of its stores toattract a more upscale clientele.Before finalizing these plans, two stores were remodeled as a test. Lisa Perezassistant controller, was asked to oversee the financial reporting for these teststores, and she and other management personnel were offered bonuses basedon the sales growth and profitability of these stores. While completing thefinancial reports, Perez discovered a sizable inventory of outdated goods thatshould have been discounted for sale or returned to the manufacturer. Shediscussed the situation with her management colleagues; the consensus was toignore reporting this inventory as obsolete, since reporting it would diminishthe financial results and their bonuses.Required:1. According to the Standards of Ethical Conduct for Practitioners ofManagement Accounting and Financial Management, would it be ethicalfor Perez not to report the inventory as obsolete?2. Would it be easy for Perez to take the ethical action in this situation?

A code of morals sets out an association's moral rules and best practices to follow for genuineness,…

Required: 1. According to the Standards of Ethical Conduct for Practitioners of Management Accounting and Financial Management, would it be ethical for Perez not to report the inventory as obsolete? 2. Would it be easy for Perez to take the ethical action in this situation?

Required: 1. According to the Standards of Ethical Conduct for Practitioners of Management Accounting and Financial Management, would it be ethical for Perez not to report the inventory as obsolete? 2. Would it be easy for Perez to take the ethical action in this situation?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 42P

See similar textbooks

Similar questions

Montaño Manufacturing is considering a purchase of robots to automate their manufacturing system. Vicente Montaño, MM's CEO, has gathered the following data for six robots he is considering. Given that all other factors are equal, which machine should Mr. Montaño purchase based on system availability? Provider MTBF (Hr) MTTR (Hr) Captain Marvel 60 6 Mary Marvel 36 3 Freddy Freeman 24 2 Eugene Choi 72 7 Pedro Peña 90 7 Darla Dudley 110 8
After the Covid restrictions were lifted 9 months ago, “Club Night Life District” has NOT operated at 80% of its capacity. One year ago, 2 managers were almost arrested for the overcrowded state Of their then popular Bar. On the other hand, the 2 new Bars in the further up their street had to turn away customers. According to the “Undercover Customers” who were paid to visit “Bar YOLO” and “Paradiseo”. The report showed that Patrons enjoyed special price reductions during the night at random times and they won door Prizes for their regularity and participation in spontaneous competitions, these were staggered throughout the week. Management held a Training workshop 2 days ago for the customer service staff to upgrade skills on customer engagement strategies based on the report they had received from their “Undercover Customers”. Implementation begins at the weekend. Highlight the 2 aspects in the case study above, Then explain how the National economy benefits…
Are service operations with a high degree of customer contact more or less difi cult to control than those with a low degree of customer contact?
elbtronics Firmware Engineer Campus 2024 Y 1. Analytical Ability and Problem... Question 8 2 5 6 1 B Attempted 6710 Revisit Later Select an opti A jeweller uses different coloured beads to make a necklace. He first threads five beads of different colours and places them in a line before tying a knot to make the necklace. The red bead is to the immediate right of the blue one. The blue bead is not adjacent to the yellow bead. The green bead is to the immediate left of the pink bead and is at one end of the string. Which bead is to the immediate night of the pink bead?
2.Explain what is meant by the bathtub curve
Brown's, a local bakery, is worried about increased costs particularly energy. Last year's records can provide a fairly good estimate of the parameters for this year. Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $2,500 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 20% more efficient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with: Last Year Now Production (dozen) 1,600 1,600 Labor (hours) 350 320 Capital Investment ($) 15,000 17,500 Energy (BTU) 3,200 2,800 Energy productivity increase = (enter your response as a…
Brown's, a local bakery, is worried about increased costs particularly energy. Last year's records can provide a fairly good estimate of the parameters for this year. Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $2,500 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 15% more efficient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with: Last Year Now Production (dozen) 1,600 1,600 Labor (hours) 350 325 Capital Investment ($) 16,000 18,500 Energy (BTU) 3,000 2,800 Energy productivity increase = %(enter your response as a…
Brown's, a local bakery, is worried about increased costs particularly energy. Last year's records can provide a fairly good estimate of the parameters for this year. Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $2,500 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 15% more efficient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with: Last Year Now Production (dozen) 1,600 1,600 Labor (hours) 340 320 Capital Investment ($) 15,000 17,500 Energy (BTU) 3,000 2,800 Energy productivity increase =____ (enter your response as a percentage rounded to two decimal places and include a minus sign if necessary). Capital productivity increase = ____(enter your…
ANSWER AS BEST AS YOU CAN FOR A THUMBS UP An oriented-strand board manufacturer operated its plant on a 24-hour, 7-day work week with two 12-hours shifts. Shift changes occurred at 8:00 am and 8:00 pm. At approximately 8:30 pm on January 18, 2001, a wet hog, which was located in a wood room, dropped off line and would not operate. The wet hog was used to grind tree bark and wood residue into a wet fuel used in wet-fuel burners in the plant. The wet hog was not essential to the operation of the plant, and whether or not it was operating had no effect on other operations in the plant. An electrician was assigned to repair the hog. At approximately 10:30 pm, he entered the motor control room and opened a 2300-volt motor circuit breaker. He caused an electrical fault in the circuit breaker, apparently by contacting energized parts inside the circuit breaker cubicle, and…
Reinventing the Wheel at Apex Door CompanyJim Delaney, president of Apex Door, has a problem. No matter how often he tells his employees how to do their jobs, they invariably “decide to do it their way,” as he puts it, and arguments ensue between Jim, the employee, and the employee’s supervisor. One example is the door design department, where the designers are expected to work with the architects to design doors that meet the specifications. While it’s not ‘rocket science,’ as Jim puts it, the designers invariably make mistakes-such as designing in too much steel, a problem that can cost Apex tens of thousands of wasted dollars, once you consider the number of doors in, say, a 30-story office tower.The order processing department is another example. Jim has a very specific and detailed way he wants the order written up, but most of the order clerks don’t understand how to actually use the multipage order form. They simply improvise when it comes to a detailed question such as whether…
Brown’s, a local bakery, is worried about increased costs—particularly energy. Last year’s records can provide a fairly good estimate of the parameters for this year. Wende Brown, the owner, does not believe things have changed much, but she did invest an additional $3,000 for modifications to the bakery’s ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 15% more efficient. Brown has asked you to check the energy savings of the new ovens and also to look over other measures of the bakery’s productivity to see if the modifications were beneficial. You have the following data to work with:
One of the firm’s audit partners, Alice Goodwin, justhad lunch with a good friend, Sara Hitchcock, who is president of Granger ContainerCorporation. Granger Container Corp. is a fast-growing company that has been in businessfor only a few years. During lunch, Sara asked Alice for some advice and direction on howGranger Container should structure its systems development process within the InformationSystems Department. Sara noted that because Granger has experienced such tremendousgrowth, the systems development process has evolved into its current state without muchdirection. Given Granger Container’s current size, Sara questions whether their currentprocesses are reasonable. Sara’s concern is magnified by the fact that she has little understanding of information systems processes. Alice told Sara about your information systemsevaluation experience and agreed to have you look at Granger Container’s current systemsdevelopment procedures. Sara gave Alice the following summary of the…