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Business Math

Project Scheduling and PERT/CPM

Hannaford (A solution can be generated by using PERT/CPM) Hannaford distributes a variety of food products that are sold through grocery store and supermarket outlets. The company receives orders directly from the individual outlets, with a typical order requesting the delivery of several cases of anywhere from 20 to 50 diff

Testable Hypothesis

If a researcher was working for homeland security in the name one specific problem that they might have to research today. what would be a research question that would be needed to solve this particular problem. Based on your intuition, or what you have read about this problem, state a testable hypothesis that might help solve t

simulate the next six orders

A small supplier receives orders from three different companies for a certain price of electrical equipment. Forty-five percent of the orders come from Firm A, 35 percent from Firm B and the remainder from Firm C. Order sizes vary, depending on the firm involved. In the past orders were as follows: REL FREQ Order Size A B

Difference between Cost of Capital and WACC

Part A: What is the difference between "Cost of Capital" and "Weighted Average Cost of Capital (WACC)"? Why is this difference important? Why do firms calculate WACC? Why is this number important? Part B: Describe the following terms and their relative importance to stock issues: IPO, underwriter, spread, prospectus, un

Price and terms of swap

A U.S. Company has a foreign subsidiary in London. Concerned about translation risk for the upcoming fiscal year (beginning in 60 days), the treasurer of the U.S. company is contemplating entering into a currency swaption expiring in 60 days with an exercise rate of 5.24%(pounds)/3.84%(dollars). The underlying swap is a convent

Constraint formula

Can you tell me the constraint formula of the minimum 10,000; 3,000 and 5,000.

Is it possible to relate negative numbers to practical life?

Is it possible to relate negative numbers to practical life? Example: We may think of things which may be categorized as negative - such as debt, going below sea level (maybe in a Submarine), below freezing temperature, driving a car in a reverse gear, giving away things (oh well! on this one, one could argue that giving

Continuous Probability Distributions - Probability Concepts

1. How may a company use probability to determine whether or not it is feasible to use primary data in a research study? Explain your answer. 2. Should a company make a decision based solely on probability instead of doing a research study? Justify your answer. 3. Does the number of students in this class affect your ch

Stock Split Effects

For a company, what is the impact (net change) on Total Shareholders' Equity when a company announces a 2 for 1 stock split on 200,000 shares that have a $2 par value?


Describe the process of selecting and evaluating a sample. Why is sampling important to business? Are there situations in business where sampling would not be effective?

Business Analysis

BUSINESS ANALYSIS An urn contains 4 green and 6 blue chips. If the drawing of 2 chips in succession is done with replacement determine the probability of: A. drawing 2 green chips B. Drawing a blue chip on the first draw and a green chip on the second draw. C. Drawing a blue chip on the first draw and a blue chip

Probability and Using Whats Best

Finely Company is a manufacturer of picture frames. The biggest sellers they have are the Concave and the Round. The Concave sells for $50 and requires 80 ounces of material and 30 minutes of labor. The Round sells for $75 and requires 90 ounces of material 45 minutes of labor. The company pays $0.50 an ounce for material and $0

Decision Analysis: probability of predictions-value of information

Jeffrey Mogul is a Hollywood film producer and he is currently evaluating a script by new screenwriter and director, Betty Jo Thurston. Jeffrey knows that the probability of a film by a new director being a success is about .10 and the probability it will flop is .90. The studio accounting department estimates that if this fil

Operations Problem

See attached file for full problem description. 4. Mad Hatter's You are hired as a consultant to a growing national fast food chain, which serves a mix of basic sandwiches, salads and gourmet pizzas, and has both eat-in and take-out customers. You are visiting the Durham restaurant and given the below information about

Unifying Concepts : High-Low Method, Scatterplot, and Least Squares Methods

You have been hired as a consultant for Jones Inc. The company manufactures high-density compact disks and sells them to a wide variety of business clients. Management is eager to learn more about the company's cost behavior. You have been provided the following data. Assume all production falls within the relevant range. S

Cost Management and Coping with a Reduced Budget - Uptown Clinic

Dr. Stephanie White, the Chief Administrator of Uptown Clinic, a community mental health agency, is concerned about the dilemma of coping with reduced budgets next year and into the foreseeable future, but increasing demand for services. In order to plan for reduced budgets, she must first identify where costs can be cut or redu


Network Company requires four units of R2 for every unit of D2 that it produces. Currently, R2 is made by Network, with the following per unit costs in a period when 20,000 units were produced: Direct materials $ 6.00 Direct labor 2.50 Manufacturing overhead 5.60 Total $14.10 Variable manufacturing ov


Griffith Company started its production operations on July 1. During July, the silk-screening department completed 15,600 units. There were 2,400 units in ending inventory which were 75% complete with respect to materials and 20% complete with respect to conversion costs. During July, the department accumulated materials cost

States of Nature Probability

John is considering buying a new pick up truck for his house-cleaning service for middle class customers. The middle class clients seem to be growing even though the economy seems to be not that hot. He is wondering whether he should opt for a sub-compact, or compact or full size pick up. The smaller truck would have better fuel


Monique is planning to increase the size of the manufacturing business that she operates as a sole proprietorship. She has a number of older assets that she will replace as part of the expansion. In addition, to finance this expansion she will have to sell some of her personal assets. Because it is close to the end of the tax ye

Tax Accounting

1. Robert, the Sole Proprietor of a consulting business, has gross receipts of $500,000 in 2006. Expenses paid by his business are: a. Advertising $ 2,500 b. Employee Salaries 150,000 c. Office Rent 24,000 d. Supplies 18,000 e. Taxes and Licenses 17,000 f. Travel (o

Statistics of a histogram

Height (in inches) for a sample of 15 male adults are: 62,82,79,76,73,,79, 79 75,75,72,72,72,69,69,69 Draw the histogram for these data using an initial class boundary of 61.5 and a class width of 6.

Computing Stock Price

The Carlton Corporation has $4 million in earnings after taxes and 1 million shares outstanding. The stock trades at a P/E ratio of 20. THE firm has $3 million in excess cash. A. Compute the current price of the stock. B.If the 3 million is used to pay dividends , how much will dividends per share be? C.If the 3million is to

Consolidated Income Statement

Allen, Inc., owns all of the outstanding stock of Bowen Corporation. Amortization expense of $9,000 per year resulted from the original purchase. For 2004, the companies had the following account balances: Allen Bowen Sales

Consolidated Goodwill

On January 1, 2004, Mitchell Company has a net book value of $1,500,000 as follows: 1,000 shares of preferred stock; par value $100 per share, cumulative, non participative, non-voting, call value $108 per share........................................................................$100,000 20,000 shares of common stock, p

Consolidated Net Income

Ace Company reports current earnings of $400,000 while paying $40,000 in cash dividends. Byrd Company earns $100,000 in net income and distributes $10,000 in dividends. Ace has held a 70 percent interest in Byrd for several years, an investment that it originally purchased at a price equal to the book value of the underlying net