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Processing time for eight projects, displayed in the sequence they arrived.

Project = processing time (hours)
p1 = 5
p2 = 1
p3 = 2
p4 = 2
p5 = 6
p6 = 5
p7 = 2
p8 = 0.25
– Given the projects displayed in table above, if FCFS is used to sequence the jobs, what is the average flow rate of the projects. _____ project per hours
– Given the projects displayed in table above, if FCFS is used to sequence the jobs, what is the average flow time of the projects? _____ hours
– Given the projects displayed in table above, if FCFS is used to sequence the jobs, what is the average inventory of the projects?_____ projects
– Given the projects displayed in table above, if SPT is used to sequence the jobs, what is the average flow rate of the projects? _____ project per hours
– Given the projects displayed in table above, if SPT is used to sequence the jobs, what is the average flow time of the projects? _____ hours
– Given the projects displayed in table above, if SPT is used to sequence the jobs, what is the average inventory of the projects?______ projects

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Conduct a price comparison of several hotels or restaurants in the same class. What price differences did you find? Do you feel the companies that had the higher prices could justify those higher prices by offering additional features or a higher-quality product?

You are going on a three-day business trip for your company to Pittsburgh, Pennsylvania. You have up to $300 a day to spend on lodging and food. If you do not spend the money, you save money for your company; you do not get to keep the unspent money. You will check in on October 18 and check out on October 21. Choose the hotel where you would stay; what Web site would you use to pick the hotel? What did your search process involve? How many Web sites did you use to make your selection? What criteria did you make in choosing the hotel? (Note: Look up the hotel rates, but please do not make an actual reservation.)

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Competency Building Activity 4: Organizational Theories Chapter 4 discussed several approaches to organizational design, including (a) classical, bureaucratic theories; (b) human resources approaches; (C) contingency theories; (d) open systems theory, and (d) empowerment-oriented theories. 1. Do you find some of these theories more helpful than others? Which ones are most helpful? 2. What theories do you see being used, explicitly or implicitly, in an organization with which you are familiar? Are these the appropriate theories to be used? If not, which ones would be better? 3. In the human service program, you have been designing, which theory do you plan to apply?

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Shim Company reported sales revenue of 10 million for the year. The company uses FIFO for inventory estimation purposes. Cost of goods sold was 3.8 million. If the company had used LIFO, its cost of goods sold would have been 4.5 million. The company reported depreciation expense of 1.2 million on a straight-line basis. If the company had used accelerated depreciation, it would have reported depreciation expense of 1.7 million. Other expenses, excluding income tax, were 3 million. The company’s income tax rate was 30%.

Required

A. Compute Shim’s net income as reported and as it would have been reported if LIFO and accelerated depreciation had been used.

B. What effect would the choice of accounting methods have on the company’s cash flows from operating activities during the year if the same methods were used for both financial reporting and tax purposes?

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