Author: chris

Macroeconomics Econ 231 Monetary Policy assignment ____________________________________________________

Answer the following questions and attach for submission.  Make sure to give full and complete answers with support.  Explanations should be a minimum of 5-6 sentences each.

o If the Federal Open Market Committee is not allowed to simply declare Interest Rates, what authorities do they have?  How do these lead to changes in the interest rate you pay?

o Go to the “Board of Governors of the Federal Reserve System” page (there is a link provided under the reading list).  Open the statement provided from the most recent FOMC meeting and explain their current outlook on Economic Growth.  What are the positives and negatives they have identified?

o What is the dual mandate of the Federal Reserve?  How are these two things consistently at odds?  Explain.  How does this make the job of the Federal Reserve tricky?  Explain.

** Hint:  You’ll need to find the Dual Mandate on the Federal Reserve’s website.  It may also be helpful to research the intent of the mandate.

o Describe the necessity for the Board of Governors within the Federal Reserve Banking System to maintain some isolation from public policy (politics).  What protections are they afforded to help avoid the issue of political persuasion/corruption?  Why might these protections also be counterproductive?

Optimal Order Quantities

In your studies this week, you found that the optimal order quantity is achieved at the point at which inventory setup cost per unit of time equals inventory holding cost per unit of time. Knowing this, your employer, a manufacturer of office chairs, asks that you determine the optimal order quantity for two suppliers of coil springs.

Your manufacturing facility operates 50 weeks a year and requires a steady supply of 1000 coil springs per week. Supplier A charges $1 for each spring, and you resell them for $4 each. The set up charge is $20 per order. An inventory carrying charge of 25% is incurred.

In a two- to three-page APA formatted paper (not including the title and reference pages), provide the following:

1. 1. Complete the table and calculate the optimal order quantity for Supplier A:

 

Units
Setup costs
Inventory carrying cost
Show equation used with all above values filled in
Optimal order quantity of springs

 

NO RECYCLING OF PAST ESSAYS. NO PARAPHRASING OF PAST SOLUTIONS.  Kindly bid only if you will do this task from scratch. THAT WILL BE AUTOMATICALLY DETECTED.

Any mistake of the above shall lead to a grade Zero or F, and I really don’t want that.

 

due Monday 7th Dec, 4pm New York Time.

ISCOM/370

Write a 750- 800 -word paper in which you do the following:

Describe business forecasting techniques (qualitative and quantitative).

Identify and explain which techniques are best for an organization you work at or with which you are familiar.

Cite your references.

 

 

• The use, overuse, and abuse of antibiotics is accredited with creating these antibiotic resistant strains. Explain how this relates to natural selection.
• Describe 1–2 of the things that people do (you can include individuals, doctors, health care professionals, hospitals, farmers, etc.) that contribute to this problem? Why?

 

Part 2

 

• How can you prevent or slow down the spread and further the selection of new antibiotic resistant strains of bacteria?
• Are there things that you can personally do to reduce your risk or even to reduce the spread of these dangerous microbes?

You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice. You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization competes. You will assess how the market structure positively and negatively affects the organization’s ability to earn an economic profit over time and evaluate the effectiveness of the organization’s competitive strategies.

Select an industry. Identify an organization in that industry. Your selected organization must be submitted for instructor approval.

Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives.

Describe the level of competition the organization will face if under each of the following market structures:

• Oligopoly
• Perfect competition
• Monopoly
• Monopolistic competition

Identify three or more competitive strategies of your choice that may be used by the organization to maximize its profits over the long run. Evaluate the effectiveness of these strategies in the market structure you identified. Consider the following:

• Expected changes in supply and demand
• Price elasticity of demand
• Market structure
• Government regulations

Make recommendations related to the strategies the organization might consider to maximize its profits and consider the following:

• What are the ethical implications of these strategies?
• Does this strategy align with the organization’s current values?
• Does this strategy align with your own values?

Cite a minimum of 3 peer reviewed sources.

Select one of the following two assignment options:

 

Option 1: Paper:

Write a 1,400- to 1,750-word paper.

Format consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

 

Option 2: PowerPoint® Presentation:

Create a 15- to 20-slide Microsoft® PowerPoint® presentation including detailed speaker notes.

 

Complete one of the following options:

 

Option 1:

 

Complete the Supply and Demand Simulation.

 

Write a 1,050- to 1,400-word paper summarizing the content of the simulation and address the following: 

 

• Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video.
• Explain why you have categorized these selected principles or concepts as microeconomics or macroeconomics.
• Identify at least one shift of the supply curve and one shift of the demand curve in the simulation/video.
• Explain what causes the shifts, and how each shift affects the price, quantity, and decision making.

  Include responses to the following: 

 

• How might you apply what you learned about supply and demand from the simulation/video to your workplace or your understanding of a real-world product with which you are familiar?
• How do the concepts of microeconomics help you understand the factors that affect shifts in supply and demand on equilibrium price and quantity?
• How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity?
• How does the price elasticity of demand affect a consumer’s purchasing and the firm’s pricing strategy as it relates to the simulation/video?

  Cite a minimum of 3 peer reviewed sources.

  Click the Assignment Files tab to submit your assignment.

   

  Option 2:

  Watch the Khan Academy Video “Changes in Market Equilibrium” located in the Week 1 Khan Academy Videos.

  Write a 1,050- to 1,400-word paper summarizing the content of the simulation and address the following: 

 

• Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video.
• Explain why you have categorized these selected principles or concepts as microeconomics or macroeconomics.
• Identify at least one shift of the supply curve and one shift of the demand curve in the simulation/video.
• Explain what causes the shifts, and how each shift affects the price, quantity, and decision making.

  Include responses to the following: 

 

• How might you apply what you learned about supply and demand from the simulation/video to your workplace or your understanding of a real-world product with which you are familiar?
• How do the concepts of microeconomics help you understand the factors that affect shifts in supply and demand on equilibrium price and quantity?
• How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity?
• How does the price elasticity of demand affect a consumer’s purchasing and the firm’s pricing strategy as it relates to the simulation/video?

  Cite a minimum of 3 peer reviewed sources.

  Click the Assignment Files tab to submit your assignment.

 

 

• What planning methods would you use to develop business/ IT strategies and applications for your own business? Explain your choices.
• What are the three most important factors you would use in evaluating computer hardware? Computer software? Explain why.
• Assume that in your first week on a new job you are asked to use a type of business software that you have never used before. What kind of user training should your company provide to you before you sta

 

Will a large-sample confidence interval be valid if the population from which the sample is taken is not normally distributed? Explain.

A. Yes. As long as a sample is sufficiently large that the Central Limit Theorem applies, the confidence interval will be valid regardless of the shape of the population distribution.
B. No. Confidence intervals require at least an approximately normal distribution to be valid.

C. Yes. Confidence intervals are always valid regardless of the shape of the population distribution.

D. No. A small-sample confidence interval is more likely to be valid, but as the sample size increases, the confidence interval will be affected more and more by the shape of the population distribution.

Q2:

Health care workers who use latex gloves with glove powder on a daily basis are particularly susceptible to developing a latex allergy. Each in a sample of 41 hospital employees who were diagnosed with a latex allergy based on a skin-prick test reported on their exposure to latex gloves. Summary statistics for the number of latex gloves used per week are  x̄= 19.2 and s = 12.2. Give a point estimate for the average number of latex gloves used per week by all health care workers with a latex allergy.

A. 20.2

B. 41

In this assignment, you will select one of the claims listed below. Using what you know about the topic, describe at least four claims that might commonly be made that display some of the errors in reasoning covered in this module’s readings. You may have to do a bit of research to find popular positions on these topics.

For example, if the claim is: Children should not be allowed to play violent video games.

Then four common claims about the subject might be:

1. Children have always played violent games and they turned out okay.
2. Dr. Dre says that violent video games are okay.
3. Everybody knows that violent video games don’t cause problems.
4. Many countries banned violent video games and they have higher crime rates than we do.

And the errors they represent might be:

1. Children have always played violent games and they turned out okay (appeal to tradition and false analogy).
2. Dr. Dre says that violent video games are okay (argument by mistaken authority).
3. Everybody knows that violent video games don’t cause problems (appeal to common belief).
4. Many countries banned violent video games and they have higher crime rates than we do (post hoc ergo propter hoc).

Because

1. Any sentence that talks about how we have always done something as a way to justify doing it is an appeal to tradition.
2. The claim looks like it comes from an authority, but Dr. Dre is a musician, not a doctor.
3. Any claim that says that everyone knows something as a way to justify doing it is an appeal to common belief.
4. Showing that two things happened (that video games are accepted and crime is up) does not prove that the two things are related or that the first caused the second; this is called post hoc ergo propter hoc, which means after this, so because of this.

Select one of these topics. Using what you know about the topic and additional research you conduct, describe at least four claims that might commonly be made that display some of the errors in reasoning covered in this module’s readings.

1. Should people under 18 be subjected to legal curfews or restricted driving privileges?
2. Should libraries be required to install filtering software or otherwise censor the materials that they provide?
3. Should insurance companies be required to pay for breast reconstruction, birth control pills, or Viagra?
4. Should the use of camera phones be banned in gymnasiums or other locations?

erm Paper: Website Migration Project

Due Week 10 and worth 200 points Tony’s Chips has recently been sold to a new independent company. The new company has hired you to manage a project that will move the old Website from an externally hosted solution to an internal one. The company’s leadership is very concerned about redundancy for their site, insisting that a back-up site be available as a failover in case the main site goes down. In addition, they want the site redesigned to allow customers to order products online.

As part of your job, you must complete a 10-to-15 page paper that follows this project through the system development life cycle (SDLC). This assignment will require you to do the following:

• Discuss what it will take to build a Web architecture, move an existing Website with minimal downtime, and provide a disaster recovery solution to ensure the site is always available.
• • The Web architecture should describe and justify operating system choices (i.e., Linux, Apache, MYSQL, PHP, Windows, IIS, SQL, etc.).
• Evaluate alternatives to the company self-hosting the site.
• Build a Gantt chart using Microsoft Project or equivalent software, showing all tasks associated with implementing the Website.
• The chart should include a minimum of five (5) tasks, each with three (3) sub-tasks.
• Explain and justify the system architecture you have selected.
• Illustrate the system architecture using Visio or equivalent software.
• Create a use case that documents the event of a customer ordering a bag of chips from the new Website.
• The use case should include a graphical representation using Visio or equivalent software and a text description of the events.
• Discuss the support operations that the internally hosted Website will require after implementation.
• Explain how you will evaluate the performance of the new site and the success of your project.