Tag Archives: OPERATIONS

MCDONALD’S STRATEGY

Contents

Abstract 3

McDonald’s – The Company. 4

Internal Environment Analysis. 5

Corporate Branding: 5

Supply Chain – Inbound Logistics: 5

Operations: 5

Outbound Logistics: 6

Sales and Marketing: 6

Service Standards: 6

Read More..

OPERATIONS IN MICRO ECONOMICS

QUESTION

Here is one Microeconomics essay task. So how much will minimum charge for this?

What factors influence supply and demand (using some reallife examples to enhance your arguement) .  How is demand and supply affected by external issues (eg government action).
you can discuss different aspects of markets, elasticities, price, cost and benefits, subsidies, labour,taxes, trade, income, monopoly,compitition,capital, different goods etc with supply and demand in your essay.

Read More..

COMPANY AND ASSOCIATION LAW IN AUSTRALIA

QUESTION

TOPIC

The regdulatory authorities in Australia simkkply do not understndjjusthyow difficult it is for ddirectors to run companies. As a result, ASIC’s prosecution opfAustdraslian company directors for breaches of dutries has reached the stage where iut is downright opressive.  The 2009 procecution of the directors and offdicedrs of James haried industries Ltd is a tyupeexaple.  Discuss.

INTRODUCTION

Tell the reader where youi are going to take the reader in this paper, why and how.

Clear the decks.

Definitions.

Defdine ASIC etc.

Scope of this paper

This paper is not a paper on James Hardie.  James Hardie is merely an illustration of a problem.  This paper is in fact a paper on the role of directors and their responsibilities.

Read More..

MANAGERIAL ACCOUNTING OF QUANTAS AIRLINES

QUESTION

DDC/08/237
Faculty of Business and Enterprise
Higher Education Division

Unit of Study Outline
HBC611
Managerial Accounting
Semester 1 2012
Version date (5 January, 2012)

Teaching Staff:

Dr. Evangeline Elijido-Ten   Room:  BA1230     9214 4471
(Convenor)    Email:  EElijidoten@swin.edu.au

Read More..

DATA ANALYSIS WITH SPSS

QUESTION

Assignment 3 Due Date: 17 October, 2011 Weighting: 25% STA2300—Data Analysis 29 This assignment is important in providing feedback and helping to establish competency in essential skills. Answer all the questions. The questions are not of equal weight, and some questions are worth much more than others. The questions relate to material up to and including Module 8. Read the Notes Concerning Assignments (page 12) before starting this Assign- ment. When you are asked to comment on a nding, usually a short paragraph is all that is required. For all graphs, label the axes correctly, include a contextual title and the units of measurement. In many cases, spss output contains much more information than is required for a correct and complete answer. In those cases just reproducing the output may not attract any marks. Make sure you report only the information from the spss output relevant to your answer. Unless instructed otherwise, show all working and formulae used in calculating condence intervals and performing hypothesis tests. (Answers may of course be checked where possible using computer software). This assessment item consists of 4 questions. Question 1 (30 marks) Use the information in the dataset auto.sav to answer the following questions. For parts (b) and (d), do the calculations by hand, using a calculator and the results from part (a). STA2300—Data Analysis 30 (a) Use spss to calculate the mean and standard deviation of time to accelerate from 0 to 100km/hr of eight-cylinder cars from this sample. Select only those cars which are eight-cylinders for this question. (b) Use the results in part (a) to estimate the mean time to accelerate from 0 to 100km/hr for eight-cylinder cars in general, using a 98% condence interval (show all working). (c) Justify the use of the condence interval formula in part (b) by checking the appropriate conditions and assumptions (include an appropriate graph to support your answer). (d) Perform a hypothesis test to see if the true mean time to accelerate from 0 to 100km/hr for eight-cylinder cars is less 14 seconds. In performing this test, include: (i) State appropriate hypotheses (dene any symbols used). (ii) State (but do not check) the assumptions for carrying out this test. Describe the assumptions in the context of this question. (iii) Calculate a suitable test statistic for this test. (iv) Calculate the P-value of this test. (v) Write a meaningful conclusion at the 5% level of signicance. (e) Check your answers for part (d) by nding the value of the test statistic and the p-value using spss. [Include spss output in your answer.] Question 2 (14 marks) In a random sample of 550 Data Analysis students, 385 claimed to log onto the social networking site Facebook at least ve times per week. (a) Estimate, with 95% condence, the true population proportion of Data Analysis students who log onto the social networking site Facebook at least ve times per week. (b) Check the procedure you used in part (a) is appropriate by checking all the necessary conditions and assumptions. (c) What is the minimum sample size required if we wish to estimate the population proportion of Data Analysis students who log onto the social networking site Facebook at least ve times per week, to within plus or minus 2%, with 95% condence? Use a conservative method in determining the sample size. Question 3 (26 marks) STA2300—Data Analysis 31 This question uses information from the data le auto.sav available under Assignments with Data Sets on the Course StudyDesk. A researcher is interested in the performance of American and Japanese cars, in particular, do Japanese cars have a better fuel consumption than American cars? (a) Using spss and the sample information in auto.sav, determin the mean and standard deviation of fuel consumption for American and Japanese cars. (b) Use an appropriate graph to compare the distribution of fuel consumption for Japanese and American cars. (c) To answer the question `do Japanese cars have a better fuel consumption than American cars?’ perform a hypothesis test by completing the following: (i) State appropriate hypothesis, clearly dening all symbols. (ii) Check the assumptions for carrying out this test. (iii) Without using spss, calculate a suitable test statistic (you can use the results from part (a) in this calculation. (iv) Without using spss, nd the P-value of the test. (v) Interpret the P-value and describe the outcome of the original question. (vi) Now use spss to check your results for this hypothesis test. Attach or copy and paste the relevant output from spss for this test to your assignment. (vii) Brie y comment on how the test statistic and P-value from spss output are similar to or dier from your hand calculations. (d) Thoroughly investigate in 100 words or less, any issues you can see in conducting this test. Include tables or diagrams if needed. Question 4 (30 marks) STA2300—Data Analysis 32 A tness clinic claims to be able to reduce a participant’s 3km run time in only 4 weeks, by participating in a series of intense training schedules. A random sample of 9 participants who completed the intense training schedules had their 3km run times recorded before and after completing the schedule. Data on the run times can be seen below (all times are recorded in minutes). Participant Before After 1 15.8 13.2 2 12.1 12.2 3 21.6 17.8 4 18.8 12.6 5 29.3 15.6 6 20.7 16.4 7 18.9 13.3 8 9.2 9.2 9 10.7 10.5 Is there evidence that by participating in a series of intense training schedules, that the average 3km run time can be reduced? (a) Use a parametric test to answer this question by completing the following: (i) State appropriate hypotheses (dene any symbols used). (ii) State (but do not check) the assumptions for carrying out this test. Describe the assumptions in the context of this question. (iii) Calculate a suitable test statistic for this test. (iv) Calculate the P-value of this test. (v) Interpret the P-value and describe the outcome of the test in the context of this question. (vi) Check your results for this test by using spss to carry out the analysis. Copy and paste your spss output to your assignment. (b) If the assumptions for the test in part (a) were not satised, what alternative test could you perform? Perform this non-parametric test by completing the following: (i) State appropriate hypotheses. (ii) Calculate a suitable test statistic for this test. (iii) Calculate the P-value of this test. STA2300—Data Analysis 33 (iv) Interpret the P-value and describe the outcome of the test in the context of this question. (c) Comment on any dierences found between the two tests and why this may be the case.

SOLUTION

SOLUTION 1
a. For small business in the first year of operation, there are only two criteria that business
would survive
The criteria are Equity, (or Net worth of Firm); Type of Industry (Capital Intensive or
Service) and Debt-Service Coverage ratio
These criteria are Debt-Service Coverage ratio and Interest Coverage ratio, i.e. Cash Flow is
sufficient to meet interest payments and principal repayments. This debt will be primarily
for Working Capital requirements. Hence, equity infused becomes an important parameter
in the model.
The model used will be a probit model where the probability of the firm surviving in first
year of operation; or it could be a logistic regression where the dependent variable takes 0
or 1 and independent variable assumes the value as specified above, Equity & Debt-Service
Coverage ratio is a scale variable and Type of industry is a nominal variable. These will be
simulated under the assumption that probability of failure is 10%
The experiment considered here is a Bernoulli experiment where probability of failure as
given is 10% is used for answering the remaining question.

Read More..