Discuss the representation of the human body by the
Egyptians and the Greeks. What are the similarities and differences between the
two? What does the sculptural representation of the human form say about each
culture?
Saturday, February 13, 2016
Week 5 Soc 313 Ashford University Research Paper To complete this assignment
Week 5 Soc 313 Ashford University Research Paper To complete
this assignment, go to this week's Research Paper link in the left navigation:
Focus of the Research Paper The purpose of the Research Paper is to provide the
student an opportunity to investigate a specific issue or topic and research
current literature. Your paper must be 8 to 10 pages long and include at least
five sources from the Ashford Online Library. In the Research Paper cover the
following content specifications: Identify a chronic disease or condition and:
Describe the disease or condition from the medical perspective. Provide
statistics/data on the numbers of people dealing with/afflicted by the
condition. Your data can be city,(e.g. San Francisco, New York, Tulsa, etc.),
county, state, e.g. Iowa, Georgia, CA), or US wide specific. Make sure to cite your
sources both in-text, and a reference page. Research, identify, and discuss
psycho social challenges of the afflicted patient population. Research and
discuss a minimum of two research projects concerning the condition. Include
the location of the research projects, and the numbers of people/patients
involved in the research studies. Research, identify, and describe two successful
community based programs that help in meeting the needs of the population. How
many constituents are served by the programs? Budget? How long in operation?
Funding source (s)? Describe a minimum of two interventions that could be
suggested to assist in minimizing the impact of the illness/condition. Justify
implementation of the two interventions you are recommending. Writing the
Research Paper
This assessment task will be testing your individual responses to the questions contained in this document
This assessment task will be testing your individual
responses to the questions contained in this document. It will enable you to
demonstrate your knowledge and the application of skills relevant to that
knowledge, as well as your communication skills.
Learning objectives:
Learning objective 1: Demonstrate an understanding of
applied research problems in financial accounting, and prepare strategies for
their solution.
Learning objective 2: Demonstrate an understanding of
applied research problems in auditing, and prepare strategies for their
solution.
Learning objective 3: Demonstrate an understanding of
applied research methods.
Learning objective 4: Collect and analyse accounting
research data using applied research methods.
Learning objective 5: Designing applied accounting research
methods.
Please use the following guidelines to submit your answers.
Submission Guidelines:
1. Your assessment task will be graded only if it is word
processed (i.e., not hand written) and submitted electronically as set out in
point 2 below. Please use word documents and not PDFs, to enable feedback to be
provided on your assignment.
2. Please submit this assessment task electronically through
the Studydesk. Turnitin reports must be less than 30%.
3. See Assessment Submission Instructions (How to submit
your learning/assessment tasks to the study desk) in the Assessment folder of
the study desk for course ACC8000.
Requirements:
There are two parts to this assignment. Part A addresses
issues in financial accounting and comprises 60% of this assignment. Part B
addresses issues in auditing and comprises 40% of this assignment. The word
limits for this assignment are Part A 1,800 words and part B 1,200 (excluding
the reference list). The assignment will be marked out of 100 marks.
PART A
You have just started working at the Sunnyside Company.
The chairperson of the board has a degree in economics and
agency theory has guided the determination of executive compensation.
Executives receive compensation comprising salary and
performance bonuses.
The recent departure of two executives has resulted in
discussions by board members about the effectiveness of the current
compensation system in motivating and retaining the executives. In their exit
interview one of the executives commented that the CEO was difficult to work
with as he lacked empathy and was a bully.
You have been asked to prepare a report to the board about
executive compensation. To compile this report you will need to analyse the
existing approaches and consider the findings of research about executive
compensation.
Several questions have been asked at board meetings about
executive compensation. One member of the board asked, “Is it appropriate to
use the same proportions of different benefits for each of our key executives,
when they appear to have very different personalities and motivations?” Another
asked why there was a large difference between the CEO’s compensation and the
other executives. Issues were also raised about hiring a compensation
consultant and establishing a compensation committee. One of the directors
recommended their cousin, who recently graduated with an MBA as an ideal choice
for the compensation consultant.
The four key executives whose compensation needs to be
determined are:
Mr Bill Syme CEO. Bill has been the CEO for 10 years. Sixty
years old, he is very charismatic and visionary. During the 2009 financial
crisis Bill led restructuring of the company that saw the retrenchment of 50
employees. Since then Bill has been instrumental in growing the company through
two acquisitions.
Dr Kate Selling, the CFO, is 35 years of age. She recently
joined the company and is a qualified financial planner.
Mr We Lu, is 42 and recently immigrated from China where he
worked in a similar role.
Ms Sarah Jones, CIO has been with the company 12 years and
is 57. She has a Bachelor of Computing.
Your report to the board should contain the following:
1. Provide an outline of agency theory and its assumptions.
Explain how the assumptions of agency theory have an influence on approaches to
executive compensation. (Provide some examples to the board in your report from
your e-readings for topic 7 as well as other readings where you think it is
appropriate.)
7 marks
2. Discuss and evaluate research that questions the
assumptions of agency theory and its approaches to executive compensation.
(Your evaluation should include e-readings for topic 7 as well as other
readings where you think it is appropriate in your report to the board.)
7 marks
3. To answer the question from one member of the board “Is
it appropriate to use the same proportions of different benefits for each of
our executives, when they appear to have very different personalities and
motivations?” consider the following in your report to the board:
Make use of Pepper and Gore’s study (2014) that addresses a
number of factors that influence individuals’ attitudes to executive
compensation. How might the findings of their article assist in structuring
executive compensation at the Sunnyside Company? Consider the individual
characteristics of the executives and comment on the type of compensation that
each executive might prefer. (Support your comments to the board in your report
from your e-readings for topic 7 as well as other readings where you think it
is appropriate)
15 marks
4. Address the concern expressed regarding the large difference
between the CEO’s compensation and that received by the other executives. Why
might this difference have arisen and is it reasonable to allow it to continue?
(Support your comment to the board in your report from your e-readings for
topic 7 as well as other readings where you think it is appropriate.)
8 marks 5. What other factors about employees should be
considered when determining executive compensation? (Provide information about
these other factors to the board in your report from your e-readings for topic
7 as well as other readings where you think it is appropriate.)
8 marks
6. What would you recommend to the board in structuring the
proposed executive compensation committee and appointing the compensation
consultant, given the board’s desire for fair and reasonable compensation?
Comment on the board member’s suggestion that their cousin be the compensation
consultant (Support your comment to the board in your report from your
e-readings for topic 7 as well as other readings where you think it is
appropriate.)
10 Marks
General format and presentation criteria
7. Providing a professional presentation (e.g.,
proof-reading and using the appropriate format, referencing and presentation).
5 marks
PART B
Use the two papers about the audit expectation gap in
Germany (Ruhnke & Schmidt 2014) and Nigeria (Adeyemi & Uadiale 2011).
These papers are available through the Studydesk.
1. What were the research aims of each paper?
5 marks
2. How have the participants been selected for each study?
4 marks
3. For each of the studies comment on whether you believe
the selection of the participants is adequate to address the research aims.
3 marks
4. For each of the studies comment on whether you believe
the response rates are adequate to address the research aims.
3 marks
5. What are the key findings of each paper?
4 marks
6. How do the findings between the papers differ?
4 marks
7. What impact might the location of the study for each
paper have on the findings? Consider Hofstede’s cultural dimensions shown under
Topic 6, week 2 on the Studydesk.
6 marks
8. What are the limitations of each paper?
5 marks
9. Comment on the rigour of the studies. What has been done
in each paper to ensure the findings are valid?
6 marks
References
Adeyemi, SB & Uadiale, OM 2011, 'An empirical
investigation of the audit expectation gap in Nigeria', African Journal of
Business Management, vol. 5, no. 19, pp. 7964-71.
Pepper, A & Gore, J 2014, 'The economic psychology of
incentives: An international study of top managers', Journal of World Business,
vol. 49, no. 3, pp. 350-61.
Ruhnke, K & Schmidt, M 2014, 'The audit expectation gap:
existence, causes, and the impact of changes', Accounting and Business
Research, vol. 44, no. 5, pp. 572-601.
Religious Health Care operates in a community of 225,000
Religious Health Care operates in a community of 225,000, called
Middleville. Summary statistics on Religious and its competitors, from the AHA
Guide, are shown in Table 1. All of the organizations in the area are not for
-profit
.
Although Samaritan Hospital and Protestant Hospital have religious
origins, they now view themselves as secular, not-for-profit organizations.
Table 1: Middleville Health Care Systems
Name Beds Admissions Census OP Visits Births Expenses (000)
Personnel
Religious 575 13,000 350 221,000 2300 $125,000 2000
Samaritan 380 17,000 260 175,000 1200 $130,000 1875
Protestant 350 10,000 180 40,000 900 $80,000 1200
The governing board of Religious hired a consulting company to
evaluate its strategic performance. As part of the consultant’s evaluation,
several leaders of Religious’ units were asked their perspective of the
organization’s performance. You are working for the consultant. Your job is to
identify the issues from the response that should be considered further by the
consultant team and possibly discussed with the governing board and the CEO.
The firm has a rule, “Never offer a criticism or negative
finding without suggesting how the client organization can correct it,” so you
must indicate what sort of correction would be recommended as part of your
list. Because you know there were about two dozen other interviews, you decide
you should rank your issues in importance, to make sure the most critical are
discussed.
Write a six to eight (6-8) page paper in which you:
1. Describe the five (5) important elements of the governing
board’s agenda for areas of improvement in core functions.
2. Many organizations now use a balanced scorecard or
multiple dimensions of performance measurement, such as productivity, profit,
market trends, quality, patient satisfaction, and worker satisfaction. Describe
three (3) key performance dimensions (other than those mentioned here) and include
specific measures that Religious Health Care could use to improve overall
institutional performance.
3. Determine the performance measures Religious Health Care
could use to evaluate nursing staff performance in its Emergency Room .Explain
the rationale for each performance measure.
4. Suggest the steps that should be taken next by Religious
HealthCare to get better at managing specific patient groups. Explain the rationale
for each step.
5. Decide what strategies Religious Health Care could
implement to enhance its public image and increase market share Explain the rationale
for each strategy.
6. Describe two (2) technology -based data-collection strategies
that Religious Health Care could use to conduct an internal management audit.
7. Use at least three (3) quality resources in this
assignment.
This will consist of developing a business research proposal
This will consist of developing a business research proposal.
You will have to identify a business research topic (camera preferable) define
the research questions for the identified problem or opportunity, select the
appropriate research methodologies (Quantitative Methods) and techniques to use
for the research project, describe the research process, describe data collection
and analysis methods, and expected research outcomes.
Market Forecast Information
Market Forecast Information
Your task is to produce a ten-year Market Forecast for a good or service of your choice (subject to the convenor's approval). This assessment will draw heavily on material presented in Module Two. You will be required to submit your Market Forecast as an electronically recorded oral presentation. The oral presentation should be 5 to 8 minutes in length.
Structure of Presentation:
In this presentation you should:
Introduce your good or service
Assess the likely non-price determinants of demand for your good or service over the next decade. Ensure you provide an overall assessment of whether demand is likely to have increased/decreased or stayed relatively constant over the period.
Assess the likely non-price determinants of supply for your good or service over the next decade. Ensure you provide an overall assessment of whether supply is likely to have increased/decreased or stayed relatively constant over the period.
Bring together your demand and supply forecasts, and therefore draw a conclusion about the overall market price/quantity at the end of the decade. Note: price changes due to underlying inflation are not of interest - we are only interested in real (ie: inflation adjusted) price changes.
Note any potential risks and/or opportunities related to your good or service. Pay particular attention to risks and/or opportunities from a sustainability/sustainable development perspective.
Your task is to produce a ten-year Market Forecast for a good or service of your choice (subject to the convenor's approval). This assessment will draw heavily on material presented in Module Two. You will be required to submit your Market Forecast as an electronically recorded oral presentation. The oral presentation should be 5 to 8 minutes in length.
Structure of Presentation:
In this presentation you should:
Introduce your good or service
Assess the likely non-price determinants of demand for your good or service over the next decade. Ensure you provide an overall assessment of whether demand is likely to have increased/decreased or stayed relatively constant over the period.
Assess the likely non-price determinants of supply for your good or service over the next decade. Ensure you provide an overall assessment of whether supply is likely to have increased/decreased or stayed relatively constant over the period.
Bring together your demand and supply forecasts, and therefore draw a conclusion about the overall market price/quantity at the end of the decade. Note: price changes due to underlying inflation are not of interest - we are only interested in real (ie: inflation adjusted) price changes.
Note any potential risks and/or opportunities related to your good or service. Pay particular attention to risks and/or opportunities from a sustainability/sustainable development perspective.
This week’s first discussion forum will focus on the population of abused individuals.
This week’s first discussion forum will focus on the
population of abused individuals. Abuse is a pervasive problem in our society.
Although the forms of abuse, as well as the intensity and duration can vary
from case to case, each abused person is tasked with dealing with the scars
left from the abuse. As you can imagine,
this task can be very challenging to say the least. Using research to help you
form an opinion, which form of capital (social or human capital) do you feel
will have a greater influence over resources accessible to the abused?
If abused, which form of capital would you rely on for
emotional support and help through difficult times, such as these and why?
Chapter 3 ofthe course text defines these terms in more detail.
Your initial contribution should be 250 to 300 words in
length. Your research and claims mus tbe supported by a minimum of two
scholarly sources beyond your course text.
Use proper APA formatting for
in-text citations and references as outlined in the Ashford
Writing Center
Health Policy and the Federal Government
Health Policy and the Federal Government
Watch the video, The U.S. Congress and Health Policy, and answer
the following questions:
What role does Congress play in the formulation of health
policy?
How does Congress operate?
What are the various steps in legislation?
How does a bill become law?
If you were given the chance to become a Congressman or a Senator,
which one would you like to be and why?
Your paper must be three to five double-spaced pages (excluding
title and reference pages) and formatted according to APA style as outlined in
the Ashford Writing Center. Utilize a
minimum of two scholarly and/or peer-reviewed sources that were published
within the last five years. All sources must be documented in APA style, as
outlined in the Ashford Writing Center.
Finalize and submit your Learning Team Presentation.
Finalize and submit your Learning Team Presentation. Make
sure that all requirements are met including detailed presenter notes. In-text references should be included in both
the slides and the presenters notes, as well as properly formatted at the end
of the presentation.
Maternal and Child Health (M.C.H.) services are one of the basic services of local public health efforts
Maternal and Child Health (M.C.H.) services are one of the basic
services of local public health efforts.
M.C.H. core services include: pre-natal care, post-natal care, neonatal
care, and supervision of the health of school children. Select one of these core services and answer
the following questions about the assurance of these public services:
Describe the key dimensions of an organizational strategy
Describe the key dimensions of an organizational strategy as
well as how they would, or would not, be relevant to the "strategic mindset"
or the ability to think "strategically" of an organization's
management. Do you think these are learned or innate traits? Respond to at
least two of your classmates' postings
Using theories of ethics, corporate social responsibility, stakeholder management and ASX P&R
Using theories of ethics, corporate social responsibility,
stakeholder management and ASX P&R (principles and recommendations) develop
a report defending or criticizing (or both) the tax behavior of global
corporations such as Google, Microsoft and Apple in Australia.
Use the literature to justify your argument/s.
GLOBAL GIANTS SLIP THROUGH TAX NET
Some companies may pay zero tax. Photo: Lesley Parker
A major challenge facing the Australian Government and
governments around the world is how to protect their tax revenue.
One response has been to target people who transfer assets
or divert income to tax havens such as the Cayman Islands to avoid paying tax.
In Australia, the Tax Office has targeted wealthy individuals with its
Operation Wickenby. However, these responses target pickpockets, while bank
robbers operate with impunity.
A far bigger challenge to tax revenue is income shifting by
multinational corporations such as Apple. These businesses pay virtually no
corporate tax, and have been defiant in the face of criticism.
A recent Organization for Economic Co-operation and
Development (OECD) report addressed these issues and came up with an “action
plan”, which was endorsed by the finance ministers of the world’s richest
nations ahead of the G20 leaders’ summit in September. OECD Secretary-General
Angel Gurría said international tax rules were aimed at ensuring businesses
don’t pay taxes in two countries. “This is laudable, but unfortunately these
rules are now being abused to permit double non-taxation,” he said.
How do some companies manage to pay little or no tax? It is
achieved by artificially structuring transactions so there’s little relation
between the economic substance and legal form of the transactions.
Let’s take a simplified example of a company manufacturing
devices in China, shipping them directly to Australia and selling them to
customers in Sydney. If the transaction were structured in a way reflecting its
economic substance, the taxable income would be equivalent to the sale amount
received from the customer less the costs of manufacturer and other “real”
business expenses.
The sale amount might be $300 a device, with “transfer
pricing” rules dictating how much of that is recognized in Australia and China
respectively. But, to avoid paying tax, extra “paper” transactions could be
recorded. First, the devices would be sold to a company in Ireland before being
resold to a company in Australia. Second, the company in Ireland could make
“royalty” or “licence” payments to a second company registered in Ireland but
resident in a tax haven such as the Cayman Islands. These payments could be
$275 a device. Now there’s only $25 in taxable income to be recognized in
Australia, China and Ireland.
Most of the income is recognized in the Cayman Islands and
tax is avoided. Ireland doesn’t limit payments to the tax-haven company through
transfer pricing rules, it allows a company registered in Ireland to be
resident for tax purposes in a tax haven and it has a very low corporate tax
rate.
Some in Ireland might call this being “tax competitive” and
argue that significant employment is created in operating these shell
companies. Maintaining the bank robbery analogy, others might call this driving
the getaway car.
Why has so little been done? Tax treaties between countries
constrain the ability of governments to respond and this has emboldened
multinationals. These treaties were intended to provide clarity about where
income should be taxed and prevent the taxation of income in more than one
country. However, differences in tax laws have been exploited so income is not
taxed anywhere.
Governments must act to either modernize the treaties or act
unilaterally to ensure income is taxed appropriately. The aim should be to
ensure income is recognized on the basis of the economic substance of
transactions.
Financial Plan Excel spreadsheet Design a 3 to 5 year financial plan to implement the goals and objectives
Financial Plan Excel spreadsheet Design a 3 to 5 year financial
plan to implement the goals and objectives created in Part II of your strategic
plan. The deliverables for the financial plan include a projected budget created
in Microsoft® Excel that clarifies and explains the financial plan. Prepare a
Projected Budget for your strategic plan in Microsoft Excel (See example in the
course materials newsgroup)The projected budget should be a Microsoft® Excel®
spreadsheet that contains a 3 to 5 year financial projection that includes
detailed expenditures, income, contingency, gain or loss, and ROI (if
applicable). When preparing a budget, nothing is in stone. Let your spreadsheet
work for you. Identify assumptions in your spreadsheet. Use that section to
build your formulas. (See example in the course materials newsgroup). If you
use your assumptions in your formulas correctly, it allows you to make
adjustments should contingencies arise. For example, if you build in 2.5%
increase in salaries each you and you don’t perform well and salary projects
have to be cut to 2%, you can change the assumption and you spreadsheet will
adjust the calculations. If you cannot obtain financial details, the details
may be assumed. In the spreadsheet identify the organization’s current business
model.
The Board of Directors of Wesfarmers
1. OVERVIEW
The Board of Directors of Wesfarmers (‘WES’ on the
Australian Stock Exchange) has tasked the
Finance Director of the Coles Division of WES with the
analysis of an Energy Efficiency related
initiative. The initiative stems from WES’s corporate sustainability
principles and the objective to reduce
carbon emissions by direct abatement. Your group is a team of Coles management
accountants, assigned to assist the Coles Finance Director (i.e., your CMA
Lecturer) by performing the required financial analysis. The initiative is
fully outlined in Appendix One of this document.
Your group must submit and present your financial analysis
in three formats:
A. Excel – financial modelling
B. Word – written report
C. PowerPoint – for presentation in-class (5 minutes per
group).
Extracts from the Excel financial modelling are to be
included in your Word report and PowerPoint
presentation.
2. EXCEL
The Finance Director (i.e., your Lecturer) will review your
financial modelling. They will need to be
very comfortable with your technical execution. Like many senior
managers, (s)he is extremely time poor
and needs to be communicated to very concisely. (S)he needs to quickly
understand the design of your models, as well as assumptions and limitations.
You will email your Excel file to your lecturer for review.
Here is what the Finance Director will
expect to see:
• The model is clearly structured, with supporting tables in
separate tabs that build-up from a
detailed breakdown.
• Input and output tables are clear and separate.
• Tables logically present key components (e.g., costs,
benefits, EBIT, assumptions and
parameters).
• The model is materially complete and comprehensive.
• The model is technically correct, e.g., cash flows are on
an after-tax basis and treatments are
conventional.
• Excel extracts used in the written report or PowerPoint
presentation should be appropriately
formatted, e.g., present figures in $M (e.g., $0.18M for $180,000).
- 1 -
CMA – GROUP ASSIGNMENT
3. WORD
Remember, the Finance Director is your audience, so focus on
the numbers. It should be very clear what the document is about, what the
analysis implies, and what recommendations you are making (if any) for future progression of the
initiative.
You will lose marks if you include superfluous information.
The Finance Director is highly knowledgeable about the business and will be
irritated by time wasted reading an unfocussed report. Your report must present
only pertinent information and key aspects of the financial modelling.
This is a business style report for a non-academic
‘insider’. It must provide concise and easily readable information to aid
decision-making. It must include explanation of major conceptual points with simple definitions and explanation of
relevant terminology (especially operational matters) and complexities). The Finance Director is often
unfamiliar with operational issues.
You MUST INCLUDE an Executive Summary. Assume that your
report will be sent to the CEO so it
must be comprehensive and describe the ‘big picture’ and the main
‘numbers’ (e.g., EBIT, Capex, NPV, IRR).
The structure should also include Introduction, Discussion of Key Findings, and
Conclusion. The Cover Page should not include the Executive Summary.
The Finance Director will expect your report to:
• analyse and discuss the information, and evaluate it
critically.
• identify problems and suggest solutions.
• speculate about future trends and impacts.
The writing style must be a non-academic report - see the
Guide to writing assignments issued by the
UTS Business School: www.uts.edu.au/node/50946/
An appropriate report format will include headings,
sub-headings, bullet-points, tables and figures. It must be easy for the Finance Director to
understand the structure, and be able to selectively read sections of the whole
report rather than the whole thing from start to finish. Although the report is
to be in a non-academic style, you must reference appropriately and you
absolutely must not plagiarise.
FIT5011 ASSIGNMENT 3
FIT5011 ASSIGNMENT 3
1. Assignment Task Definition (100 marks)
You task compromises the following.
(1) Produce a report on Traffic Modeling based on the papers
provided on Moodle, and other relevant papers you can find.
(2) Part 1 of this report shall compromise four sections (50
marks)
(a) Discuss the background and explain the main issues and
problems in network traffic modeling (not more than 400 words).
(b) Discuss the influence of traffic modeling on network
performance and design (not more than 800 words).
(c) Discuss the role of simulation in the analysis of
complex queueing systems (not more than 800 words).
(d) Explain simulation of random variables such as uniformly
distributed random variables, exponentially distributed random variables and
Pareto distributed random variables. Explain simulation of discrete random
variables.
(e) Add any other issues relevant to the topic
(f) Include references and use proper citation techniques.
(g) Your report need not be restricted to the material of
lecture notes. Please use books, information found on the web. Journal and
conference papers are very encouraged.
(3) Part 2 of this report shall compromise the simulation of
a queueing system and its analysis (50 marks). You need to provide the
following work for simulating an M/M/1 queueing system. (The value of traffic
parameter ? will be suggested individually for each student.)
(a) Simulate the sequence of interarrival times. For this
purpose you need first to simulate a sequence of uniformly distributed random
variables (denoted Un) in the interval (0,1). Then, the exponentially
distributed random variables are obtained by using the transform En = -?1 lnUn,
where ? is the parameter of the exponential distribution. The simulated number
of interarrival times is supposed to be not less than
10,000.
(b) Simulate the sequence of service times. It should be
done by the same way as before. You need first to simulate a sequence of
uniformly distributed random variables in the interval (0,1) (denoted by Vn)
and then to use the transform , where µ is the reciprocal to the expected
service time. The simulated number of service times is supposed to be not less
than 10,000.
(c) On the basis of the two sequences {En} and {Sn} you need
to calculate the sequence of waiting times. For waiting times we have the
recurrence relation:
W1 = 0, Wn+1 = max{0,Wn- En + Sn}.
Here En is the time between the arrivals of the nth and n +
1st customers and Sn is the service time of the nth customer. Hint: We give
some details of the above recurrence relation. The first customer arrives in
the empty system, so its waiting time is set to zero. For the waiting time of
the second customer we have the relation
4 VYACHESLAV M. ABRAMOV AND COLIN ENTICOTT
W2 = max{0,S1 -E1}, which means that the waiting time of the
second customer is zero if the service time of the first customer is shorter
than interarrival time, i.e. second customer arrives in the empty system as
well. Otherwise, the waiting time is the difference between S1 and E1. For the
following calculations of W2, W3 etc. the students are to use the loop.
(d) After calculation of the sequence Wn, estimate the mean
waiting time,
EW, by the formula and variance
W)2 (Here N is the number of variables, say N = 10,000.)
Compare
the estimated value W with the theoretical value EW.
(e) Bonus question 1. Calculate the sequence for the number
of customers in the system:
Q1 = 0, Qn+1 = max{0,Qn + 1 - ?n},
where ?n is the number of served customers between the
arrivals of the nth and n + 1st customers. After calculation of the sequence
Qn, estimate the mean queue length, EQ, by the formula N , and the variance .
Compare the estimated value Q with the theoretical value EQ.
(f) Bonus question 2. On the basis of the calculated values
of Q and W check the validity of the Little’s formula. Estimate the error for
this formula compared to the theoretical result.
(4) Your answer must include source code and/or numerical
procedure. The choice of programming language is not restricted. It can be C,
Matlab or another language or even Microsoft Excel.
(5) Your final report should be 8-10 word processed pages.
This page limit excludes the title page, source code listing and references. No
additional marks will be given for reports that over the specified length. If
the report is more than 50% longer than specified, the total mark will be
decreased by 10% for every excess page in the report.
(6) Provide clear references for any theories, arguments,
claims, diagrams, equations and any related material that you get from
elsewhere.
(7) Each bonus question costs 5 additional marks. However,
the total mark must not exceed 100. That is, if you collected 92 marks for the
Assignment excluding the bonus questions, then your total mark will be 100, but
not 102.
(8) You will then submit a PDF format report in a single
file which includes your student number, name, the report and the references.
The format is A4 with wide margins from the left and right and 10 point sanf
serif font (e.g. Helvetica or Arial).
2. Submission Checklist
Submit an electronic copy of this work by 17:00, Friday,
Week 11 via the Moodle submission system.
Please submit your assignment via Moodle system or it will
not be marked.
The report must be in the PDF format, MS Word will not be
marked.
FIT5011 ASSIGNMENT 5
All files must be named using the convention
MyStudentNumber-5011-2015-Ass1.pdf, where MyStudentNumber is your actual
student number.
Late submission without a good reason agreed in advance of
submission due date will result in a penalty deduction of 10 marks per calendar
day or part thereof. If you believe that your assignment will be delayed
because of circumstances beyond your control such as illness you should apply
for extension before the due date. Medical certificates or certification
supporting your application may be required.
It is an academic requirement that your submitted work be
original. Zero marks will be awarded for the whole submission if there is any
evidence of copying, collaboration, pasting from web sites, or copying from
textbooks. Please ensure all referenced documents are properly cited, as per
Faculty policy on citations.
1. One PDF report as detailed above.
Describe the matrix of key contracts used in the international maritime trade
1. (10%) Describe the matrix of key contracts used in the
international maritime trade. Further explain the different types of charter
parties commonly used and the three key applications of the Bills of Lading.
2. (10%) How would you best develop your relationship with
your principals?
3. (10%) What are the key points to consider when accepting
instructions from your Principal?
4. (10%) Select three different types of marine survey and
briefly describe the particular skills a surveyor would require to carry out
each of these survey types .
5. (10%) Chose and describe one example of the type of
survey that you would like to carry out and describe your preparation for this
work, including the equipment that you would take with you.
6. (10%) Outline the report to your principal on the survey
carried out in Question 5.
7. (10%) Explain the origin and role of Classification
Societies.
8. (10%) Describe briefly the development of Port State
Control; explain the reasons behind its development, its coverage and its
operation today.
9. (10%) In any business an accountant should produce three
financial statements. Explain each one.
10. (10%) Explain the meaning of Working Capital. Why is
cash flow so important especially for a small business such as a self-employed
marine surveyor?
Diversity and Ethical Decision Making
Diversity and Ethical Decision Making. View the American
College of Healthcare Executives (A.C.H.E.) website. Using the Diversity
Resources and Ethics Resources links available in the left-hand navigation
panel of the site, explore the relationship between cultural diversity and the
process for ethical decision making. What are the most important factors in
producing ethical decisions? Why? Your initial post must be a minimum of
250-300 words.
Karvonen Formula is a mathematical formula that helps you determine your target heart rate zone
Karvonen Formula is a mathematical formula that helps you
determine your target heart rate zone. The formula involves using your maximum
heart rate (MHR) minus your age to come up with a target heart rate range
(which is a percentage of your maximum heart rate). Calculate your target heart
rate using the Karvonen method. What should your heart rate be at high
intensity such as 85%?
Weighted average cost of capital
1.) Weighted average cost of capital
The target capital structure for QM industries is 40% common
stock, 5% preferred stock and 55% debt. If the cost of common equity for the
firm is 17.8%, the cost of preferred stock is 9.1% the before tax cost of debt
is 8.6 and the firms tax rate is 35%, what is QMsweighted average cost of
capital
QMs WACC is _____$ Round to three decimal places
2.) Crypton Electronics has a capital structure consisting
of 36% common stock and 64% debt. A debt issue of 1,000 par value, 5.6% bonds
that mature in 15 years and pay annual interest will sell for 971$. Common
stock of the firm is currently selling for 29.38 per share and the firm expects
to pay $2.32 dividends next year. Dividends have grown at the rate of 5.1 per
year and are expected to continue to do so for the foreseeable future. What is
cryptons cost of capital where the firms tax rate is 30%
3.) Weighted average cost of capital-
The target capital structure for Jowers Manufacturing is 54%
common stock, 15% preferred stock, and 31% debt. If the cost of common equity
for the firm is 19.3%, the cost of preferred stock is 12.1%, and the before tax
cost of debt is 10.6% what is Jowers cost of capital? The firms tax rate is 34%
Jokers WICK is ____% (Round to three decimal places)
4.) Weighted Average cost of capital-
As a member of the Finance Department of Ranch Manufacturing,
your supervisor has asked you to compute the appropriate discount rate to use
when evaluating the purchase of new packaging equipment for the plant. Under
the assumption that the firm’s present capital structure reflects the
appropriate mi of capital sources for the firm, you have determined the market
value of the firm’s capital structure as follows:
To finance the purchase, Ranch Manufacturing will sell 10
year bonds paying 6.8% per year at the market price of 1034. Preferred stock
paying a 2.05 dividend can be sold for 24.21. Common stock for Ranch
Manufacturing is currently selling for 54.62 per share and the firm paid a 3.09
dividend last year. Dividends are expected to continue growing at a rate of
5.1% per year into the indefinite future. If the firms tax rate is 30% , what
discount rate should you use to evaluate the equipment purchase?
Ranch Manufacturing WACC is ____% (Round to three decimal
places)
Recognizing being a health care provider as a ministry of service
Recognizing being a health care provider as a ministry of
service, what are ways a health care provider can prepare to address
spirituality in health situations for each of the following groups?
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