Costs associated with two alternatives‚ code-named Q and R‚ being considered by Lang Corporation are listed below: | | Alternative Q | Alternative R | Supplies costs | $ 64‚500 | $ 64‚500 | Power costs | $ 36‚500 | $ 21‚500 | Inspection costs | $ 11‚400 | $ 26‚300 | Assembly costs | $ 38‚600 | $ 28‚000 | | Required: | a. | Which costs are relevant and which are not relevant in the choice between these two alternatives? |
Premium Net present value Variable cost Investment
Profit‚ the Defiler of Christianity: a comparison of religion in Narrative of the Life of Frederick Douglass and Letter from Birmingham Jail In the year 313 AD‚ Emperor Constantine I adopted the Edict of Milan‚ allowing Christians to practice their faith without persecution. Although Christianity had been around for more than three hundred years by then‚ this was a foundational building block of the institution known as the “Church”. When we look back at the history of Europe we can see that
Premium Constantine I Frederick Douglass Christianity
Accuracy and Bias In general‚ a set of forecasts will be considered to be accurate if the forecast errors‚ that is‚ the set of et values which results from the forecasts‚ are sufficiently small. The next section presents statistics based on the forecast errors‚ which can be used to measure forecast accuracy. In thinking about forecast accuracy‚ it is important to bear in mind the distinction between error and noise. While related‚ they are not the same thing. Noise in the demand data is real and
Premium Errors and residuals in statistics Arithmetic mean Linear regression
The Prison System- A “Market” for Profits Joseph Hallinan’s analysis‚ “Going Up the River: Travels in a Prison Nation‚” helps to discern that the insatiable drive for profit is the prevailing reason for continued growth of the prison industry in the United States. Public values based on this drive have been supported by the avocation of a “free-market” model and capitalism in the prison system: “According to this ideology every individual pursues his or her own personal interests and the result
Premium Prison
Project Topic: Profit Maximization of a firm. Profit maximization has always been considered the primary goal of firms.The firm’s owner is the manager of the firm‚ and thus‚ the firm’s owner-manager is assumed to maximize the firm’s short-term profits (current profits and profits in the near future).Today‚ even when the profit maximizing assumption is maintained‚ the notion of profits has been broadened to take into account uncertainty faced by the firm (in realizing profits) and the time value
Premium Economics Perfect competition Monopoly
CASE STUDY: BUSINESS FEELS THE CONSEQUENCES OF THE UNINSURED PROBLEM Vanessa Flores November 5‚ 2012 Ashford University Describe the issue based on the topic/content area/change in your own words (2-3 sentences) (the uninsured issue is the case study in this chapter): Uninsured employees choose to stay sick or self-medicate instead of going to see a doctor. This affects the stakeholders because it leads to lower employee morale and productivity due to their health issues that are not being
Premium Health care Health care provider Illness
ENGL 1101 Why Companies Profits Declined Since the beginning of the last recession United States companies profits have declined drastically. Small local businesses were hurting because of the recession. Record shows “The boom in American corporate profits‚ which has far outpaced the gains in the broader economy since the end of the last recession‚ is faltering” (Schwartz). Even companies worldwide whose majorities of its customers were Americans suffered a loss. Europe economy has taken a down
Premium United States Economy of the United States Unemployment
Fertilizer has been known to help plants and food crops by making them grow faster and larger. Fertilizer is used on many of the foods we eat by the fertilizer is not only in the plant crops. Fertilizer becomes excess runoff in the water as it rains. That eventually my end up inside our ponds and lakes. In the case of piper lake‚ a fertilizer plant‚ HTC fertilizers‚ leakes large amounts of fertilizer into eagle river which feeds onto piper lake. Since then algal blooms have been a dramatic increase
Premium Agriculture Water Water pollution
Patients versus Profits at Johnson & Johnson: Has the Company Lost its Way?: Knowledge@Wharton ( http://knowledge.wharton.upenn.edu/article.cfm?articleid=2943) Patients versus Profits at Johnson & Johnson: Has the Company Lost its Way? Published : February 15‚ 2012 in Knowledge@Wharton For a corporate icon long held up as the gold standard in business ethics‚ Johnson & Johnson has suffered some stunning setbacks in recent years. Among the headaches: a seemingly endless string of product recalls
Premium Management Johnson & Johnson
Business Research Problem I2 Shannon McDougall RES 351 April 13‚ 2015 Dr. Stephen Loro Healthcare Reform Finance The Healthcare reform act is a law that has been signed under the law‚ a new “Patient’s Bill of Rights”(HHS.Gov). This bill has been approved and implemented to allow for the American people to take charge of their healthcare. The Healthcare reform act will allow for one to have flexibility to make informed healthcare in regard to ones on healthcare. Healthcare reform is necessary
Premium Health care Health insurance