Mary Beth Marrs, the manager of an apartment complex, feels overwhelmed by the number of complaints she is receiving. Below is the check sheet she has kept for the past 12 weeks. Develop a Pareto chart using this information. What recommendations would you make?

Answers

Answer 1
Answer:

To Develop a Pareto chart using this information the recommendations would you make:

  • The Pareto chart makes a difference in us getting it where the need is to center on it.
  • The Pareto chart is based on the 80%-20% run of the show. The Pareto chart says that 20% of the arrangements offer assistance to resolve 80% of the issues.
  • So Mary Beth Marrs, the chief of the flat complex must center on issues such as the stopping part, the ground, and the pool, to conciliate most of the individuals and reduce the complaints.

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Answer 2
Answer:

The correct answer to this open question is the following.

Unfortunately, the question does not attach the check sheet with the needed information.

However, we can say that the Pareto chart helps us understand where the priority is to focus on it. The Pareto chart is based on the 80%-20% rule. The Pareto chart says that 20% of the solutions help resolve 80% of the issues.

So Mary Beth Marrs, the manager of the apartment complex must focus on issues such as the parking lot, the ground, and the pool, to appease most of the people and diminish the complaints.


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The security market line shows the relationship between A. Expected return and standard deviation B. Expected return and beta C. Standard deviation and beta D. Correlation and standard deviation E. Systematic risk and unsystematic risk

Answers

Answer:

B. Expected Return and Beta

Explanation:

The security market line displays the expected return of an individual asset as a function of it systematic risk (the diversifiable risk) as identified by beta if an asset is correctly priced it lies on the SML and if it lies above the SML it is undervalued because they yield a higher return for a given amount of risk and if it lies below the SML it is overvalued because for a given amount of risk it yield a lower return.

Which examples demonstrate common Governance workplaces and employers? Check all that apply.Melissa works in Washington, D.C., writing and voting on federal laws.
Danette uses a vehicle to deliver US mail to people who live in a city.
Gavin was elected as a city council member in his hometown.
Vito works in a US embassy in China helping Americans with paperwork.

Answers

Answer:

a and c

Explanation:

did it on edge 2020

Answer:

A and C! edge 2020!

Explanation:

A stock is selling for $41.60. The strike price on a call, maturing in 6 months, is $45. The possible stock prices at the end of 6 months are $35.00 and $49.00. Interest rates are 5.0%. Given an underpriced option, what are the short sale proceeds in an arbitrage strategy

Answers

Answer:

Possible outcome of stock price at end of 6 months (0.5 years)

Outcome 1:

Stock price = 35

Strike price = 45

Payoff call = max{ST - K,0} = max{35-45,0} = 0

Present value =

PV = 0/(1+5%)^0.5 = 0

Outcome 2:

Stock price = 49

Strike price = 45

Payoff call = max{ST - K,0} = max{49-45,0} = 4

Present value =

PV = 4/(1+5%)^0.5 = 3.903

Probability of both outcomes = 0.5

Value of call option = 0.5*0 + 0.5*3.903 = 1.95

Short sale arbitrage opportunity:

Short the stock and buy a call option. Invest the proceeds at 5% for 6 months:

Short stock = +41.6

long call = -1.95

Proceeds = 41.6 - 1.95 = 39.65

Amount after 6 months = 39.65*(1+5%)^0.5 = 40.629

Case 1:

Stock price = 35

Payoff from long call = 0

Buy the stock at market price and close the short stock position = -35

Total payoff = 40.629 - 35 = 5.629

Case 2:

Stock price = 49

Payoff from long call = 49 - 45 = 4

Buy the stock from market price and close the short stock position = -49

Total payoff = 40.629 + 4 - 49 = -4.3708

Present value of payoff from both cases = (0.5*5.629 + 0.5*(-4.3708))/(1+5%)^0.5

= 1.2581/1.0246 = 1.2277

Arbitrage payoff = 1.2277

Answer:

The short sale proceeds in an arbitrage strategy is 1.2277

Explanation:

From the question given,

The  Possible outcome of stock price at end of 6 months (0.5 years)

The Outcome  is:

The Stock price = 35

The Strike price = 45

The Payoff call = max(ST - K,0) = max(35-45,0) = 0

The Present value = PV = 0/(1+5%)^0.5 = 0

The  possible Outcome 2:

The Stock price = 49

The Strike price = 45

The Payoff call = max{ST - K,0} = max{49-45,0} = 4

The Present value =

PV = 4/(1+5%)^0.5 = 3.903

Then,

The Probability of both outcomes = 0.5

Value of call option = 0.5*0 + 0.5 x 3.903 = 1.95

Therefore, the Short sale arbitrage opportunity is:

The Short the stock and buy a call option.

Invest the proceeds at 5% for 6 months:

Short stock = +41.6

long call = -1.95

Proceeds = 41.6 - 1.95 = 39.65

Amount after 6 months = 39.65*(1+5%)^0.5 = 40.629

The Case 1:

Stock price = 35

Payoff from long call = 0

Buy the stock at market price and close the short stock position = -35

The Total payoff = 40.629 - 35 = 5.629

For Case 2:

Stock price = 49

Payoff from long call = 49 - 45 = 4

Buy the stock from market price and close the short stock position = -49

Total payoff = 40.629 + 4 - 49 = -4.3708

The Present value of payoff from both cases = (0.5*5.629 + 0.5*(-4.3708))/(1+5%)^0.5

= 1.2581/1.0246 = 1.2277

Then the Arbitrage payoff = 1.2277

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at the rate of 860 per day. Hair dryers are assembled daily, 251 days a year, at a rate of 330 per day. Because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. Approximately how many batches of heating elements are produced annually? (Round your answer to 2 decimal places.) Number of batches
b. If production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 2 days later? Number of inventory
c.What is the average inventory of elements, assuming each production cycle begins when there are none on hand? (Do not round intermediate calculations. Round your answer to the nearest whole number.) Average inventory
d. The same equipment that is used to make the heating elements could also be used to make a component for another of the firm’s products. That job would require 3 days, including setup. Setup time for making a batch of the heating elements is a half day. Is there enough time to do this job between production of batches of heating elements?

i. No
ii. Yes

Answers

Answer:

(a) 93.85 batches of heating elements are produced annually

(b) 1725

(c) 863

(d) Yes

Explanation:

(a) Daily production rate is 860 units

Annual (251 days) production rate is = 251×860 = 215860 units

In a batch, 2300 units are produced

215860 units are produced in (215860 ÷ 2300) = 93.85 batches

(b) In 251 days, 93.85 batches are produced

In 2 days, (93.85×2)÷251 is produced = 0.75 batch

1 batch = 2300 units

0.75 batch = 0.75×2300=1725 units

(c) 0.75 batch is produced in 2days

1 batch is produced in 2/0.75days

Average= (2300×0.75)÷2= 863

Final answer:

The company produces approximately 93.85 batches of heating elements annually, has an inventory of 1,060 units two days after production, and maintains an average inventory of 1,150 units. Furthermore, there is enough time to produce other products between batches of heating element production.

Explanation:

To solve this problem, we first need to understand the company's production and consumption rates of the heating elements for their hair dryers.

a. The company produces elements at a rate of 860 per day and runs 251 days per year. Thus, they produce around 215,860 elements annually. As they produce elements in batches of 2,300, the number of batches produced annually will be 215,860 divided by 2,300, which is approximately 93.85. So, the company produces about 93.85 batches of heating elements annually.

b. Two days after the production of a batch, the company will have produced 2 * 860 = 1,720 elements but used 2 * 330 = 660, thus having an inventory of 1,060 units.

c. To calculate the average inventory, we take the sum of the maximum and minimum inventory (2,300 and 0, respectively) and divide by 2, leading to an average inventory of 1,150 units.

d. The time between production of batches of heating elements is the total quantity in a batch divided by the net increase per day (860-330). This equals 2,300/(860-330) approximately 4.8 days. Given that the other product takes 3 days to make, including setup, there is enough time to produce it between batches of heating elements.

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Carruthers Company expects the following total sales:Month Sales
March $29,000
April $19,000
May $25,000
June $24,000
The company expects 70% of its sales to be credit sales and 30% for cash. Credit sales are collected as follows: 25% in the month of sale, 67% in the month following the sale with the remainder being uncollectible and written off in the month following the sale. The budgeted accounts receivable balance on May 31 is:
a. $22,320.
b. $18,750.
c. $13,125.
d. $11,725.

Answers

Answer:

Option (c) is correct.

Explanation:

It is assumed that all the sales cash and credit up to the month of April will be adjusted before 31st may.

Any receivables remaining as on 31st May are related to the sales of May only.

May Sales = $25,000

Out of which Cash sales adjusted in the same month:

= 30% of May sales

= 30% × 25,000

=$7,500

Remaining credit sales:

= May sales - Cash sales

= $25,000 - $7,500

= $17,500

Out of which 25% i.e. $4,375 received in May only.

The budgeted accounts receivable balance on May 31 is:

= Remaining credit sales - Received 25% in May

= 17,500 - 4,375

= $13,125

9) Selected information regarding a company's most recent quarter follows (all data in thousands). 9) _______ Direct labor $540 Beginning work in process inventory $330 Ending work in process inventory $420 Cost of goods manufactured $1620 Manufacturing overhead $830 What was the cost of direct materials used for the quarter

Answers

Answer:

Direct material= $340

Explanation:

Giving the following information:

Direct labor $540

Beginning work in process inventory $330

Ending work in process inventory $420

Cost of goods manufactured $1620

Manufacturing overhead $830

To calculate the direct material used in production, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

1,620= 330 + DM + 540 + 830 - 420

Direct material= $340

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