Numerical Analysis Homework

Here are the details I can post the team papers when you are ready.Thanks! I will attach the files when you are ready.

Collect the team members’ Week 5 individual Inferential Statistics and Findings assignment papers and spreadsheets.

Review each team member’s inferential statistics and findings, incorporating the best elements into one team inferential statistics and findings paper and spreadsheet.

.Note the strengths and weaknesses
.Where there are differences, collaborate with your team to find the best approach.

Complete the cumulative Business Research Project by combining all parts into a 2,450- to 2,800- word paper that is between by collaborating with your team to include the following:

.Revised tables or figures based on prior instructor feedback
.Description or interpretation of the tables or figures
.Summary of the results of testing the null hypothesis, with a clear statement whether or not the null hypothesis was rejected
.Answers to the research questions
.Conclusions that were derived from this study
.An inconclusive result is acceptable for this project. Should that be the case, suggest potential future research efforts and a new research questions that might provide more definitive results.
.Recommendations based on the results
.Observations (reflection) on the business problem and its solution
.Research challenges your team experienced in this study
.Steps to minimize challenges in future research
.Suggested future research based on your research results, challenges, and implications

Format your Business Research Report consistent with APA guidelines.

Develop a 12- to 16-slide Microsoft® PowerPoint® presentation that includes the following elements:

.Overall picture of the research process
.Summary of the research results including specific answers to the research question
.Summary of the challenges, implications, and recommendations

Submit the Business Research Report, Microsoft® Excel® spreadsheet, and Microsoft® PowerPoint® presentation to the Assignment Files tab.

Action Plan , Financial Projections And Budgets

The next two sections of the marketing plan include Action Programs and Financial Projections and Budget. You will complete phase IV of your marketing plan in two parts. First, you will put together your action programs. Then, you will complete your financial projections and budget.

The Action Program

The Action Programs section of a marketing plan basically serves as a detailed promotions “to do” list. This section spells out specific programs that the company will participate in to promote their products. The Action Program will describe what will be done, when it will be done, who will accomplish the task, and how much it will cost. An example of an item that would appear in an Action Program would be a trade show. The Action Program would list the specific trade show and date. It would state the company’s objectives and reasons for attending it. It would also list who would attend the trade show, expected results, costs, etc.

  1. In 1-2 pages, provide summaries of the Action Programs that you will use during the first six months of launching your product in order to achieve your objectives.

Financial Projections and Budgets

The Financial Projections and Budgets section of the marketing plan include budget details of expected revenue, estimated expenses, and a break-even analysis

  1. Complete your Financial Projections and budget by providing 1-2 paragraphs about each of the following items:
  • Sales Revenue Forecast: What is your projected sales volume by month for the first year?
  • Expense Forecast: What is your total expected marketing costs? Break your costs down by each marketing, promotion, and action program strategy that you listed earlier in your plan.
  • Break-Even Analysis: The break-even-analysis is the price at which total revenue equals total cost and profit is zero. This shows how many units must be sold monthly to offset the monthly fixed costs and average per-unit variable costs

Transfer Pricing Decisions

Transfer Pricing Decisions

As a manager, you may be tasked with making recommendations as to how your organization should structure its transfer pricing. This is especially true in cases when both variable or full cost transfer pricing is acceptable, and the choice is not obvious.

For this Assignment, take a moment to review your course text. Reflect on the scenario presented and consider how transfer pricing decisions might apply to organizational decision making.

Phipps manufactures circuit boards in Division A, a country with a 30% income tax rate, and transfers them to Division B, a country with a 40% income tax. An import duty of 15% of the transfer price is paid on all imported products. The import duty is not deductible in computing taxable income. The circuit boards’ full cost is $1,000 and variable cost is $700; they are sold by Division B for $1,200. The tax authorities in both countries allow firms to use either variable cost or full cost as the transfer price.

The Assignment:

  • Part 1: Analyze the effect of both full-cost and variable-cost transfer pricing methods on Phipps’ cash flows using a spreadsheet program such as Excel.
  • Part 2: Make your recommendation as to how the organization should proceed, being sure to justify your recommendation with examples form this week’s resources, and/or additional research. Complete this aspect of the Assignment by using a word processing program such as Word.

To submit your Assignment, do the following:

  • Save Part 1 of your Assignment as a “.xls” file with the filename “WK4AssgnP1+last name+first initial.xls”. Sally Ride’s filename would be “WK4AssgnP1RideS.xls”.
  • Save Part 2 of your Assignment as a ”.doc” file with the filename “WK4AssgnP2+last name+first initial.doc”. Sally Ride’s filename would be “WK4AssgnP2RideS.doc”.
  • To upload Part 1 of your Assignment, click on Assignments on the course navigation menu, and then click the Assignment Part 1 – Week 4 link.
  • To upload Part 2 of your Assignment, click on Assignments on the course navigation menu, and then click the Assignment Part 2 Turnitin – Week 4 link.

Management Assignment

Your company is planning to construct a new office, and you, together with other employees from your company, have been asked to serve on a committee to make sure that plans for the new building adhere to the Americans with Disabilities Act, passed in 1990. According to that act, it is against the law to discriminate against anyone with disabilities that limit “major life activities.?? walking, seeing, speaking, hearing, or working.

The law is expressly designed to remove architectural and physical barriers and to make sure that plans are modified to accommodate those protected by the law (for example, wider hallways to accommodate wheelchairs). Other considerations include choosing appropriate floor surfaces (reducing the danger of slipping), “placing water fountains low enough for use by individuals in wheelchairs and installing doors that require minimal pressure to open and close.”

After studying the plans for the new building, you and your team members find several problem areas. Prepare a group-written report advising management of the problems and what must be done to correct them to comply with the law. Divide your written work according to areas that need alteration— doors, floors, water fountains, restroom facilities. Each team member should bring in his or her section, for the group to edit and revise. The group should then prepare the final report for management.

Finance Assignment Questions

Use the following information for Questions 1 through 5:

Assume that you are nearing graduation and have applied for a job with a local bank. The bank’s evaluation process requires you to take an examination that covers several financial analysis techniques. The first section of the test asks you to address these discounted cash flow analysis problems:

1. What is the present value of the following uneven cash flow stream −$50, $100, $75, and $50 at the end of Years 0 through 3? The appropriate interest rate is 10%, compounded annually.

0 1 2 3 Cash Flow

2. We sometimes need to find out how long it will take a sum of money (or something else, such as earnings, population, or prices) to grow to some specified amount. For example, if a company’s sales are growing at a rate of 20% per year, how long will it take sales to double?

3. Will the future value be larger or smaller if we compound an initial amount more often than annually—for example, every 6 months, or semiannually—holding the stated interest rate constant? Why?

 

4. What is the effective annual rate (EAR or EFF%) for a nominal rate of 12%, compounded semiannually? Compounded quarterly? Compounded monthly? Compounded daily?

5. Suppose that on January 1 you deposit $100 in an account that pays a nominal (or quoted) interest rate of 11.33463%, with interest added (compounded) daily. How much will you have in your account on October 1, or 9 months later?

Use the following information for Questions 6 and 7:

A firm issues a 10-year, $1,000 par value bond with a 10% annual coupon and a required rate of return is 10%.

6. What would be the value of the bond described above if, just after it had been issued, the expected inflation rate rose by 3 percentage points, causing investors to require a 13% return? Would we now have a discount or a premium bond?

7. What would happen to the bond’s value if inflation fell and rd declined to 7%? Would we now have a premium or a discount bond?

8. What is the yield to maturity on a 10-year, 9% annual coupon, $1,000 par value bond that sells for $887.00? That sells for $1,134.20? What does a bond selling at a discount or at a premium tell you about the relationship between rd and the bond’s coupon rate?

9. What are the total return, the current yield, and the capital gains yield for the discount bond in Question #8 at $887.00? At $1,134.20? (Assume the bond is held to maturity and the company does not default on the bond.)

Statistical Thinking In Health Care

Read the following case study.

Ben Davis had just completed an intensive course in Statistical Thinking for Business Improvement, which was offered to all employees of a large health maintenance organization. There was no time to celebrate, however, because he was already under a lot of pressure. Ben works as a pharmacist’s assistant in the HMO’s pharmacy, and his manager, Juan de Pacotilla, was about to be fired. Juan’s dismissal appeared to be imminent due to numerous complaints and even a few lawsuits over inaccurate prescriptions. Juan now was asking Ben for his assistance in trying to resolve the problem, preferably yesterday!

“Ben, I really need your help! If I can’t show some major improvement or at least a solid plan by next month, I’m history.”
“I’ll be glad to help, Juan, but what can I do? I’m just a pharmacist’s assistant.”
“I don’t care what your job title is; I think you’re just the person who can get this done. I realize I’ve been too far removed from day-to-day operations in the pharmacy, but you work there every day. You’re in a much better position to find out how to fix the problem. Just tell me what to do, and I’ll do it.”
“But what about the statistical consultant you hired to analyze the data on inaccurate prescriptions?”
“Ben, to be honest, I’m really disappointed with that guy. He has spent two weeks trying to come up with a new modeling approach to predict weekly inaccurate prescriptions. I tried to explain to him that I don’t want to predict the mistakes, I want to eliminate them! I don’t think I got through, however, because he said we need a month of additional data to verify the model, and then he can apply a new method he just read about in a journal to identify ‘change points in the time series,’ whatever that means. But get this, he will only identify the change points and send me a list; he says it’s my job to figure out what they mean and how to respond. I don’t know much about statistics — the only thing I remember from my course in college is that it was the worst course I ever took– but I’m becoming convinced that it actually doesn’t have much to offer in solving real problems. You’ve just gone through this statistical thinking course, though, so maybe you can see something I can’t. To me, statistical thinking sounds like an oxymoron. I realize it’s a long shot, but I was hoping you could use this as the project you need to officially complete the course.”

“I see your point, Juan. I felt the same way, too. This course was interesting, though, because it didn’t focus on crunching numbers. I have some ideas about how we can approach making improvements in prescription accuracy, and I think this would be a great project. We may not be able to solve it ourselves, however. As you know, there is a lot of finger-pointing going on; the pharmacists blame sloppy handwriting and incomplete instructions from doctors for the problem; doctors blame pharmacy assistants like me who actually do most of the computer entry of the prescriptions, claiming that we are incompetent; and the assistants tend to blame the pharmacists for assuming too much about our knowledge of medical terminology, brand names, known drug interactions, and so on.”
“It sounds like there’s no hope, Ben!”

“I wouldn’t say that at all, Juan. It’s just that there may be no quick fix we can do by ourselves in the pharmacy. Let me explain how I’m thinking about this and how I would propose attacking the problem using what I just learned in the statistical thinking course.”

Source: G. C. Britz, D. W. Emerling, L. B. Hare, R. W. Hoerl, & J. E. Shade. “How to Teach Others to Apply Statistical Thinking.” Quality Progress (June 1997): 67–80.

Assuming the role of Ben Davis, write a three to four (3-4) page paper in which you apply the approach discussed in the textbook to this problem. You’ll have to make some assumptions about the processes used by the HMO pharmacy. Also, please use the Internet and / or Strayer LRC to research articles on common problems or errors that pharmacies face. Your paper should address the following points:

  1. Develop a process map about the prescription filling process for HMO’s pharmacy, in which you specify the key problems that the HMO’s pharmacy might be experiencing. Next, use the supplier, input, process steps, output, and customer (SIPOC) model to analyze the HMO pharmacy’s business process.
  2. Analyze the process map and SIPOC model to identify possible main root causes of the problems. Next, categorize whether the main root causes of the problem are special causes or common causes. Provide a rationale for your response.
  3. Suggest the main tools that you would use and the data that you would collect in order to analyze the business process and correct the problem. Justify your response.
  4. Propose one (1) solution to the HMO pharmacy’s on-going problem(s) and propose one (1) strategy to measure the aforementioned solution. Provide a rationale for your response.
  5. Use at least two (2) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Describe how organizations use statistical thinking to be more competitive.
  • Apply the basic principles of statistical thinking to business processes.
  • Apply the SIPOC model to identify OFIs in business processes.
  • Use technology and information resources to research issues in business process improvement.
  • Write clearly and concisely about business process improvement using proper writing mechanics.