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Using scholarly material, explain how Enterprise Resource Planning (ERP) Systems mitigate risk and assist in organizational decision making.  In addition, explain why mitigating risk and making better decisions are essential to operational efficiency.

 

Five scholarly references are required.

Four pages of content is needed.

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Address the following questions from Chapter 7 in APA essay format.

1. When dealing with a homicide victim’s clothing, discuss and describe the procedures to capture any trace evidence.

2. Research and discuss the importance of removing an item of trace evidence from a larger object rather than collecting the whole item.

3. Describe the proper procedure for collecting paint samples from a hit-and-run investigation involving two vehicles:

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Microsoft Word document
500 word minimum, double-spaced, 12 pt font, Times New Roman, APA formatted

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Part I．Multiple-choice questions

1. Fixed costs facing any firm in the short run include:

 

1.   any cost whose total is established at the time the input is purchased.
2.  the minimum cost of producing any given quantity of output under the most favorable

operating conditions.

1.   any cost whose per unit charge has been settled for some future period, such as a long-term

wage contract with a labor union.

1.   total expenses which must be covered even if nothing is produced.

 

2. If the marginal product of an input is positive, but decreasing as more and more of the input is

employed, then:

 

1.   total product has reached a maximum and is declining.
2.   total product is increasing but at a slower and slower rate.
3.   average product must be declining.
4.   the firm should produce less output.

 

3. A production function describes:

 

1.   how input prices change as the firm changes its output level.
2.   how much output you will get from a given amount of inputs.
3.   the level of output that firms should optimally produce at each price level.
4.   a relationship between prices and quantity demanded.

 

4. The average product of an input is given by the following ratio:

 

1.   change in total product/total product.
2.   change in the employment of one input/change in the employment of all inputs.
3.   total employment of all inputs/total employment of one input.
4.   total product/total employment of one input.

 

5. The law of diminishing returns holds that:

 

1.   the total product of any input must eventually reach a maximum and fall as the employment

of that input increases.

1.   the average product of any input must eventually reach a minimum and rise as the

employment of all inputs increases proportionately.

1.   the marginal product of any input should eventually begin to decline as the employment of

that input increases.

1.   the average product of any input should fall before it rises as the employment of that input

increases. 2

 

 

6. Consider the production functions shown in the graph above.  Which function displays

diminishing marginal returns to capital?

 

1.   (a)
2.   (b)
3.   (c)
4.   (d)

 

7. Marginal costs facing any firm considering a change in output represent:

 

1.   extraordinary overtime charges that must sometimes be paid to increase output.
2.   the cost incurred even if the firm produces zero output.
3.  the difference between the total cost actually incurred to produce any given output and the

smallest possible total cost of producing that output.

1.   the increase in total cost that accrues from a 1-unit increase in quantity produced.
2.  the increase in total cost that accrues from any increase in quantity produced, whether 1 unit

or more.

 

8. Total cost in a certain plant, at an output level of 1000 units daily, is $4900.  If production is

reduced by 1 unit, total cost would be $4890.  Within this output range:

 

1.   average cost is greater than marginal cost.
2.   average cost and marginal cost are approximately equal.
3.   marginal cost is greater than average cost. 3

 

Use the figure below to answer questions 9 through 11.

 

9. At five units of output, the average fixed cost is:

 

5.   $5.
6.   $20.
7.   $26.
8.   $100.
9.   $130.

 

10. The marginal cost of the fifth unit (i.e. increase in output from 4 to 5 units) of output is:

 

1.   0.
2.   $2.00.
3.   $2.60.
4.   $6.00.
5.   $30.00.

 

11. The average variable cost of five units of output is:

 

1.   0.
2.   $2.00.
3.   $2.60.
4.   $6.00.
5.   $30.00.

 

12. In a certain plant, marginal cost is $2.00 at 400 units of output and it is $2.50 at 500 units of

output.  If output increases within this 400-to-500 range, then average cost:

 

1.   must rise.
2.   must fall.
3.   must remain constant.
4.   may fall, may rise, but cannot remain constant throughout this output range.
5.   must fall and then rise.

 

4

 

13. Firm X currently employs labor and capital such that the marginal product of capital is twice the

marginal product of labor. If the price of a unit of labor is $8.00 and the price of a unit of capital

is $4.00, Firm X can reduce costs while producing the same level of output by

 

1.   substituting labor for capital (use more labor and less capital).
2.   substituting capital for labor (use more capital and less labor).
3.   decreasing its use of both capital and labor.
4.   increasing its use of both capital and labor.
5.   maintaining its employment of capital and labor at current levels.

 

14. The (absolute) value of the slope of a production isoquant (equal-product curve) is equal to the

 

1. amount of one input used divided by the amount of the other input.
2. ratio of the marginal utilities of the two inputs.
3. ratio of the marginal products of the two inputs.
4. ratio of the marginal costs of the two inputs.

 

15. The production function alone will tell a firm:

 

1.   what it will cost to produce any given quantity of output.
2.   the maximum-profit level of output.
3.  the various combinations of inputs that should be used in order to produce any given

quantity of output most efficiently, i.e., at the least money cost.

1.  the various combinations of inputs that could be used in order to produce any given quantity

of output.

 

 

 

 

 

 

 

 

 

 

5

 

1. Problem-solving questions

The following data describe a short-run production function for ABC, Inc., which hires workers to

produce widgets.  Use the table below to complete questions 16 through 18.

 

Quantity of  Total

Labor (Workers)  Product (Daily)

0  0

10  50

20  150

30  350

40  500

50  600

60  650

70  650

80  640

90  620

 

16. Calculate the marginal product of the first 10 workers.

 

Your Answer: __________

 

17. Calculate the average product of the first 50 workers.

 

Your Answer: __________

 

18. The diminishing returns set in sometime between________ and _________workers.

Your Answer: Between_________ and _________ workers

(Please specify a 10-worker range. For example, between 50 and 60 workers.)

 

 

 

 

 

 

 

6

 

Consider the data in the table below for Question 19-20. Farmer Smith rents 15 acres of wheatland

and employs variable labor.

(1) (2) (3) (4) (5)

Output Land inputs Labor inputs Land rent Labor wage

(tons of wheat) (acres) (workers) ($ per acre) ($ per worker)

0 15 0 12 5

1 15 6 12 5

2 15 11 12 5

3 15 15 12 5

4 15 21 12 5

5 15 31 12 5

6 15 45 12 5

7 15 63 12 5

 

19. Calculate the AC when output = 4.

Calculate the MC when output increases from 3 to 4.

(Round your answer to two decimal places if it is not an integer. Please do NOT include $ in

your answer.)

 

Your Answer: AC=  __________

MC= __________

 

 

20. Now assume that the price of labor (i.e. labor wage) doubles.

What is the new AVC when output = 4 ?

Calculate the new MC when output increases from 3 to 4.

(Round your answer to two decimal places if it is not an integer. Please do NOT include $ in

your answer.)

 

Your Answer: AVC= _________

MC=   _________

 

 

Part III.    Essay

21. Why is it that the MC curve always intersects the AC curve at the minimum point of the AC

curve? Why is this important?

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1. Visit the NetMotion Web site (www.netmotionwireless.com) and access and read other Mobility XE success stories. Discuss the patterns that can be observed in the benefits that Mobility XE users have realized via its deployment and use.

 

 

2. Do some Internet research on the security implications of HIPPA requirements for hospital networks. Discuss the major types of security mechanisms that must be in place to ensure hospital compliance with HIPPA requirements.

 

3. Do some Internet research on the use of VLANs in hospitals. Summarize the benefits of using VLANs in hospitals

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Discussion Question 2

System Admin          

Max Points: 5.0

 

Name one recommendation from the IOM Future of Nursing Report. What is its importance relative to Advanced Practice Nursing? Support your answer.

 

P(5.m)

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Time Travel and why it is Possible

Find a newspaper article that may be useful for your semester long project. Read the article carefully. You may begin by substituting your own words for those of the original. Think of paraphrasing as translating another writer’s words into your own words. Make sure you revise for coherence. The paraphrase should stand alone.

Your paraphrase should be approximately the same length of the original source. Choose an article that has about 5-10 thick paragraphs. Make sure your source is manageable to paraphrase. You should utilize quotation in your paraphrase.

Please provide me with a URL or photocopy of your article.

Your paraphrase should include a works cited page.

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To complete the Ecommerce Strategy:

1. Download and read the Nozama Information Sheet
2. Create a document that addresses the following:
   1. Company Information
      1. Identify Nozama and explain what it does
      2. Explain the intranet
      3. Detail the differences between intranet and internet
   2. Products
      1. Clearly identify and define your product
      2. Choose and identify a book publisher
      3. Provide a rational regarding why you chose this publisher and those books
   3. Website Functionality
      1. Identify the hardware that will be needed
      2. Determine where to get the hardware and how much it will cost
      3. Provide a rationale on why you chose this type of security hardware

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Post your thorough and complete answers to any one of the following scenarios: Scenario 1 While performing an engine overhaul on a customer’s single-engine aircraft, an A&P mechanic employed by an FAA-certified aircraft repair station is distracted by a telephone call. Returning to the nearly-completed task, the mechanic replaces the engine cowling without first securing the oil sump drain plug with safety wire, as required by the maintenance manual. The shop foreman, who holds FAA Inspection Authorization, signs off the overhaul and approves the aircraft for return to service without noticing the oversight. The owner-pilot picks up the aircraft and takes off for an engine break-in flight. While in flight, the drain plug vibrates loose, the engine oil is lost overboard and the engine seizes. The pilot makes an emergency landing in what looks like the most suitable spot within gliding range, a plowed field, where the aircraft overturns. The aircraft is substantially damaged and the pilot is seriously injured. Who is potentially legally liable for these damages and injuries, and why? Scenario 2 A pilot had always dreamed of flying the Alaska bush, but that dream had been sidetracked by the responsibilities to earn a living adequate to support a family. Now that family had emptied the nest, the pilot was able to buy a brand-new short takeoff and landing (STOL) tailwheel bush plane from a local dealer, practice short and soft field landings, take a few months off work, load up the hunting, fishing, and camping gear and head out to fulfill that dream. While making a picture-perfect landing on a gravel bar in an Alaskan river, one of the airplane’s left main landing gear struts collapsed, causing the aircraft to be wrecked, and the pilot seriously injured. The gear collapse was caused by a metallurgical flaw in the strut, which had been manufactured by a subcontractor of the aircraft’s manufacturer. The flaw was present when the subcontractor delivered the part to the manufacturer. Who is potentially legally liable for the pilot’s injuries, and why? Could it make a difference if the pilot had bought the airplane a long time before the accident? Explain. Scenario 3 Renting an aircraft from an FBO, a college student who is a private pilot heads out on a cross-country trip to spend Thanksgiving at home, bringing along a non-pilot friend. Due to a later than planned start, the two arrive later than anticipated at the last planned fuel stop at a rural airport, only to find the FBO closed and the fuel pumps locked. A cell phone call to the FBO’s number yields a recorded message that the business is closed for the holiday weekend. Estimating that at least an hour’s fuel remains in the aircraft’s tanks, the pilot takes off again, planning to refuel at the next airport along the route. Unfortunately, the pilot’s estimate proves wrong and the aircraft runs out of fuel on approach to the next airport. In the dark, the pilot lands short of the runway and the airplane is destroyed, and the passenger is seriously injured, though the pilot escapes with minor scrapes and bruises. Is the pilot legally liable for the passenger’s injuries and to the FBO for destroying its airplane? Explain.P(5.u)        Prime Essay Services , written from scratch, delivered on time, at affordable rates!

MOD 04 Instructions

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
2. 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.

Define your career aspirations and explain, in light of the self-awareness and personal branding activities we have discussed and your other learnings from this class and your prior studies at Monash, why you feel these aspirations suit your particular skills and personality and also what you think will be the key challenges for you in this career choice.
Please note that you are not expected to necessarily be definitive about a single, particular career choice. A range of options can be considered and discussed.
———career goal to be a accountant, so base on to be a accountant please analysis the personal skills should be developed and link the concepts in this unit, reflect to self development

P(5.u)

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