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March 17, 2024
March 17, 2024

Risk Scope and Value

Complete the first part of Section 2 – Risk Scope, Components, and Value, of the risk management plan by determining the scope of the risk plan, the risk management plan components, and the responsibilities for the development of the plan for your chosen case study or work project. Analyze the dollar cost of potential risk if there is no risk management plan.

Risk Scope and Value

A project manager must define and determine the scope for evaluating risks. The scope establishes the best methods for analyzing and applying risk management techniques. To determine the scope objectives for a company, you can use a framework evaluation process. It is important to identify a framework for the organization and then to use this framework to help develop and implement the risk management plan. A project manager should understand the steps that would ensure that each aspect of the framework is incorporated into the risk management plan. This requires careful planning. The framework should be evaluated to make sure that the assessment criteria are realistic and relevant to the overall assessment of the risk management process. Determining the steps involved will help you evaluate a project and narrow the focus of its scope and the risks.

Risk Scope and Value

Examine methods for evaluating risks, as well as the charter, scope, plan, and WBS (work breakdown structure). These documents help to identify areas of concern for the project and evaluate how risks may be identified. Develop a good understanding of the aforementioned documents, so that you will be able to apply the relevant risks in the risk management plan.

There are also tools for risk management, such as: the risk matrix, time-based network diagram, Gantt chart, network diagram, SWOT (strengths, weaknesses, opportunities, and threats) analysis, and decision trees. Each one is considered a useful risk management tool. Develop an overall understanding of the various types of risk management tools, so that you can determine which one can best help in the evaluation and assessment of risks for your company or project.

Consider the differences between quantitative and qualitative project risks, and practice analyzing and evaluating risks based on each. Practice determining which type of risk, quantitative or qualitative, is easier to analyze and which type is easier to manage. It is important to be able to determine whether there is a way to evaluate risks based on the amount and time of their occurrence, or on their environment.

Risk Scope and Value

Microsoft Project is the recommended software tool for this course due to its wide industry acceptance and its use in many project management professional roles. This is provided to you through MS Imagine.

Microsoft Software

  1. Visit Capella’s Microsoft Azure for Education (Formerly Microsoft Imagine)page for instructions on obtaining free Microsoft software.
  2. Identify the version of MS Visio 2016 and Project Professional 2016 that is compatible with your operating system.
  3. Download and install.

If you encounter any difficulties in the download and installation process, post a detailed question in the Ask Your Faculty Discussion in the menu dropdown when you click the image of your faculty.

Risk Scope and Value

This assessment includes developing the risk scope, components, and value for a risk management plan. Review the Risk Management Plan Template before beginning this assessment. It is important to be able to determine whether there is a way to evaluate risks—based on the amount and time of their occurrence—or whether they may be environmental issues. Use the case study you selected in the first assessment to complete this work.

Note: Developing a risk management plan for a project requires specific steps in sequence. Complete the assessments in this course in the order in which they are presented.

Analyze the information in the case study or your work project to complete this assessment:

  • Define the scope of the risk plan and determine the risk management plan components.
  • Determine who will be responsible for the development of the risk management plan, and who will monitor the progress.
  • Use expected monetary value analysis to explain the cost of not managing risk in this organization. Note that monetary value analysis requires an estimated dollar amount.

Risk Scope and Value

Use Microsoft Project for this assessment.

Use the Risk Management Plan template you started in Assessment 1 to record your analysis for Section 2 – Risk Scope, Components, and Value. You must include the following sections. Refer to the template for directions on what to put in each. Please note that you will be asked to fill out the rest of Section 2 in the next assessment.

  • 1 Scope of the Risk Management Plan.
  • 2 Risk Management Plan Components.
  • 3 Expected Monetary Value.
  • References:Use scholarly or academic sources where applicable. There is no set number of references required for this assessment.
  • Format:
    • Use the Risk Management Plan Template you started in Assessment 1.
    • Insert appropriate supporting tables and other supporting information, if needed.
    • Do not submit multiple files, PDF files, or ZIP fi
    • Follow the Academic and Professional Document Guidelines [PDF]. Be sure to use single-spaced paragraphs.
    • Use APA style and format for references and in-text citations.
  • Length:No specific length requirements. Include all pertinent information.
March 17, 2024
March 17, 2024

Growth & Development Assessment Project

Assignment Instructions:

  1. Select a subject (person at least 3 years old) who you know well enough to complete a developmental assessment.
  2. Collect and provide a brief overview of the subject’s biographical information, including information such as their age, gender, family structure and living environment, education or employment setting, family socio-economic status, religious affiliation, ethnicity, or cultural elements etc.
  3. Identify and report the subject’s current age period of development per textbook based on their chronological age.

Early Childhood; Middle Childhood; Late Childhood; Adolescence; Emerging Adulthood, Early Adulthood, Middle Adulthood; Late Adulthood

Growth & Development Assessment Project

  1. Thoroughly review the theories, skill concepts, and established norms and milestones from the course material that are relevant to the subject’s current age period.
  2. Select several topics in each of the three developmental domains (physical, cognitive, and psychosocial) that you find interesting and relevant to the individual.

Growth & Development Assessment Project

  1. Describe and compare information about the subject’s functioning in your selected topic areas to cited normative information.
  2. Assess the subject to determine if they have met or not met the developmental expectations according to the textbook and other associated course materials. Ensure the inclusion of various theoretical perspectives discussed in the course material.
  3. Identify and suggest measures to assist in the healthy development of an unmet or delayed topic area discussed in the paper. Or if no areas of development are found to be unmet or delayed, suggest measures to maintain or further strengthen an already achieved topic area. The suggested measures to assist or maintain need to include clear reasoning supported by normative information-i.e. include a statement regarding why the measure to assist would likely help address the particular developmental objective.

Assignment Requirements:

  1. The minimum length of the paper is 4 pages (not including the title or reference pages). The typical length

required to cover all the rubric area thoroughly is 4-6 pages.

  1. Utilize the course textbook as the main cited reference and use at least one other resource. The additional reference should be scholastic and published within the last 5 years.
  2. Adhere to all APA style guidelines, such as cover and reference page formatting, spacing, font size, margins, page numbers, and in text citation formatting

college.edu/courses/3919099/assignments/44513016?module_item_id=104189559

Growth & Development Assessment Project

textbook and other associated course materials, Ensure the inclusion of various theoretical perspectives discussed in the course material.

  1. Identify and suggest measures to assist in the healthy development of an unmet or delayed topic area discussed in the paper. Or if no areas of development are found to be unmet or delayed, suggest measures to maintain or further strengthen an already achieved topic area. The suggested measures to assist or maintain need to include clear reasoning supported by normative information – i.e. include a statement regarding why the measure to assist would likely help address the particular developmental objective.

Assignment Requirements:

  1. The minimum length of the paper is 4 pages (not including the title or reference pages). The typical length required to cover all the rubric area thoroughly is 4-6 pages.
  2. Utilize the course textbook as the main cited reference and use at least one other resource. The additional

reference should be scholastic and published within the last 5 years.

  1. Adhere to all APA style guidelines, such as cover and reference page formatting, spacing, font size, margins, page numbers, and in text citation formatting.
  2. The quality and effectiveness of your writing is important. Please use professional/scholarly language that follows basic grammar and punctuation rules and maintains accurate spelling. Please avoid overly casual or conversational language.
March 17, 2024
March 17, 2024

Psychiatric Mental Health ClientII

Case Study Analysis

For this assignment, you will apply what you have learned during the course to develop and present a case and treatment plan for a fictional or real client encountered in clinical practice. Your case analysis will be completed in three sections totaling five to seven pages (excluding title page and references) and will be graded using the case study grading rubric.

Part A: Clinical Assessment

Record your client assessment, diagnosis (medical and psychiatric differentials), medical and psychiatric history and psychosocial factors that impact the case. This information should be presented in the same format as your Wheeler (2014) textbook’s Sample Clinical Assessment Form, found on pages 143–145. 2. Conclude Part A with a one-page description of this fictional patient, including all the relevant information outlined in the clinical assessment form as well as relevant and realistic information acquired from your research. Refer to the APA Clinical Practice Guidelines.

Psychiatric Mental Health ClientII

Psychiatric Mental Health ClientII

Part B: Therapy Session

You will design a therapy session for your client based on his or her preceding clinical assessment.  Part B of your assignment will be assessed on your demonstration of proper therapeutic communication. The empathy demonstrated should be consistent with the following operational definition: Empathy is a critical tool for establishing a trusting therapeutic relationship. Rather than parrot back what your client has said, good empathy reflects the thoughts and feelings of your client and notes the importance of what has been communicated. In doing so, it invites the client to self-explore. Empathic feedback avoids “why” questions. When appropriately relayed in a tentative manner, good therapeutic empathy also gives the client a chance to redirect or correct what the counselor has said. For Part B, you can choose to either video a 10-minute therapy session with your client or write out your therapy session in a transcript. You can have someone off camera speak the lines of your “client” if you choose to do this part of the assignment as a video. It is your choice whether to provide a video of your therapy session or a written transcript.

Psychiatric Mental Health ClientII

Your session transcript should:

  • Use your personal experiences to replicate realistic patient responses as well as clinical responses. Be a written transcript of more than 2,100 words (at least 15 minutes in length).
  • Evidence empathic feedback that adheres to the operational definition of empathy in the counselor’s responses to most of the client’s remarks.

Part C: Therapeutic Intervention

Much of the information you learn through your research can help inform the development of your patient. Research evidence-based interventions involving both psychopharmacological and nonpharmacological services to individuals who have been assessed in a mental health setting. There should be three to five evidence-based articles and interventions that encompass both medication and non-medication modalities. Be sure to include two different therapeutic approaches when discussing non-medication interventions. For example, when selecting therapeutic approaches, you can select client-centered and cognitive behavioral therapy. Use APA referencing style

March 17, 2024
March 17, 2024

SOC388H1S: Sociology of Culture

Take-Home Test

Guidelines

Your test is to be submitted at the beginning of class on March 19 in TWO forms: as hard copy (please print double-sided, if possible), and electronic copy to be submitted to Quercus.

Answer two (2) of the following three (3) questions (20 points each question). Each question should be no more than 1,000 words (excluding references), double-spaced, 12-point type.

SOC388H1S: Sociology of Culture

Your answers should be written in essay form. Each answer should have an introduction, main argument, and conclusion (with or without subheadings, it is up to you). Your arguments should be analytical, solid, and well supported by academic sources, rather than evaluations and opinions based on your particular views. Make sure to note when you are advancing your own ideas, and when you are relying on ideas published by others. It is always advisable to edit your writing to make sure it is clear and polished, with well-constructed sentences and paragraphs.

SOC388H1S: Sociology of Culture

To write each answer, you should develop a central argument that relies on literature from the course, as well as from outside the course. For each answer, you must use at least two sources from the course, and at least one academic source from outside the course. The outside academic source can be from any discipline, as long as it is relevant to the argument. You can use as many sources as you would like, but do make sure to reference them all. Please see the ASA Guidelines for citations and references posted on Quercus, and follow these guidelines. If you were to use AI as one of the sources (but do not use it to write your answers), you must also reference it, note what you used and how you used it. Please see the syllabus for information on the use of AI in this course.

The goal of this take-home test is to give you an opportunity to engage with the main topics of this course in a creative, critical, and analytical manner. You are therefore expected to engage with the course materials, and to elaborate your own arguments independently. If you find that searching and relying on other academic sources is helpful for that, then by all means use other sources (and make sure you reference them).

SOC388H1S: Sociology of Culture

How to organize each answer: First, if you find that using subheadings helps structure your answer, then feel free to use them, whether naming the sections introduction, main argument/analysis, and conclusion, or using any other subheadings that you find useful. The introduction should be brief, it should state your main argument, describe how you will approach the question (e.g., using x 2 theory, y empirical evidence), and justify your approach (e.g., I will use x theory because it is best suited for explaining how y conditions have led to z). The main section should unpack your argument, explain the position(s) you are putting forth, and demonstrate your position(s), whether through empirical evidence or scholarly theories and concepts. The conclusion should summarize your main point and discuss implications.

Questions

1-Social media has become a central part of people’s social experience, and all the more so among the younger generations. While Goffman wrote about how we manage our presentation of selves and interactions with others in face-to-face situations (the internet did not exist at the time), his ideas may (or may not) be helpful for understanding how people engage in impression management and interact with others on social media. Elaborate an argument about how Goffman’s ideas may or may not apply to everyday life on social media, specifying the strengths and/or limitations of Goffman’s dramaturgical approach for understanding social media. Make sure to specify which social media you are considering when you elaborate on the similarities and differences between face-to-face interactions and those on social media.

SOC388H1S: Sociology of Culture

2-In his classic article “Becoming a Marihuana User,” Becker proposed an interactionist approach to explain how and why people may come to enjoy certain kinds of new experiences and develop new habits (marihuana was but one example to illustrate the approach). This article was published in 1953, and many new sociological perspectives have been developed since then to explain how people live their everyday lives. What other sociological perspectives would help explain the kinds of processes Becker sought to explain, wether substituting or complementing Becker’s perspective? Discuss at least one or two perspectives you’ve learned about in this class, and apply them to a concrete example that is different from marihuana use. Make sure to explain, support, and justify your arguments.

3-Cerulo and Ruane elaborate a multifaceted explanation to understand how and why people imagine their future lives the way they do. What other sociological perspectives could be used to explain the reasons why people imagine their future lives the way they do? Discuss at least one or two persepectives you’ve learned about in this class which, in your view, would productively complement Cerulo and Ruane’s analysis, or would be better instead of Cerulo and Ruane’s perspective. Make sure to explain, support, and justify your arguments. Use APA referencing style.

March 17, 2024
March 17, 2024

Fletchers Case Study

Fletchers is an Irish sandwich shop chain referred to simply as “Fletch”. Founded in 1983, Fletch currently has over 23 shops in throughout Ireland.

History

First ‘Fletchers’ retail outlet

Sean O’Malley founded the first Fletch in Dublin on 21st June 1983 and was located opposite Tara Street Dart Station. It had its own kitchen and offered ready-to-eat freshly made natural food, filled baguettes, Croque-monsieur, coffees/teas and other ready-to-go convenience foods.

Opening in June 1983, the company traded at Tara Street Station for eighteen months at which time takings had continued to grow. In its second year of operation O’Malley noticed a continued demand for take-away food and the growth of the ‘to-go’ culture. It was at this point he decided to open another outlet within Connally Train Station. The success of these two outlets led to further outlets opening within Hueston Station, Bus Aras and Dublin Airport.

Fletchers Case Study

Fletchers Case Study

Fletchers, 1986 – 2023

The company emphasizes the use of natural ingredients and advertises that its sandwiches are made on the day of purchase in a kitchen at each location (with the stated exception of a few small outlets). Food left unsold at the end of the day is collected by charities. Sandwiches are packaged in paperboard rather than sealed plastic. In terms of revenue 68% of its trade is in Dublin City, where approximately 37% of its stores are located. Locations include:

  • Dublin: Tara, Connolly and Hueston Train Stations, Bus Aras, Dublin Airport, St Stephens Green Shopping Centre, ILAC Center, Irish Life Mall, Omni Center, Stillorgan Shopping Center, Dundrum Shopping Center.
  • Cork Airport, Douglas Shopping Center, Merchants Quay Shopping Center, Mahon Point Shopping Center, Wilton Shopping Center, Bus Eireann Station, Cork City train Station.
  • Waterford City Main Street,
  • Limerick – three outlets, Galway – three outlets, Athlone – two outlets, Donegal – one outlet.

Fletchers Case Study

Organisation

As Fletchers grew O’Malley structured the organization where each retail outlet was an independent entity. That is, each outlet was registered as an individual company. As technology developed all of the outlets shared the same platform for monitoring income, expenses, stock etc. Eventually, O’Malley established a Head Office (in Dublin City) where all outlets reported to. O’Malley controlled everything from Head Office. Over the years Head Office developed a Finance function, Marketing function, Research and Development and finally a kitchen where new ideas were developed and tested.

All retail outlets were approximately the same size and had the same staff compliment:

  • Store Manager;
  • 4 X Supervisors:
  • 20 Sales Assistants.

and operated the same hours:

  • Monday to Saturday: 7am – 10pm
  • Sunday: 8am – 6pm

All staff were trained in all aspects of work within each store and were frequently asked to work in other stores when necessary.

Fletchers Case Study

Issue: 2024

As Fletchers has grown O’Malley has adopted an autocratic approach to his management style. All decisions are made by him. Even when the retail managers are saying some of the decisions are affecting business.

Each retail outlet is managed as a ‘stand-alone’ entity with managers adopting different approaches in terms of layout and styling of the outlet which leads to confusion when one manager substitutes for another in a different location. There is essentially no unified approach to doing things. This also leads to confusion for staff who may have to work in various locations.

As each retail unit is a stand-alone entity there is no standard approach to doing things. Sandwiches etc are all made different ways even though they have the same name for example a Bacon Lettuce and Tomato sandwich would be made differently in each of the retail outlets in Dublin when compared to other locations. This has led to confusion with customers who expect a standardized approach.

When retail Managers have a problem, they don’t know who to report to as there is no clear structure especially when dealing with finance issues. Also, there are no clear procedures in place for dealing with disciplinary issues, applying to get paid, paying for stock etc. This has led to considerable disruption among staff which has led to very high levels of staff turnover. Overall, the culture in the organization is at an all time low.

Fletchers Case Study

The National Employment Rights Authority have, following a complaint, requested a meeting with O’Malley to discuss the complaint. During the meeting it became apparent that ‘Fletchers’ has no personnel department, which for a company that employes 725 staff in its retail network and 25 in Head Office, the Authority found shocking.

Following the investigation, the Authority found that none of the staff have job descriptions or contracts of employment. There’s no formal grievance, disciplinary procedures in place nor are there any policies relating to staff performance, conduct etc. Staff doing similar work are all being paid different rates. In fact, the Authority are of the opinion that, not only are staff being treated as disposable items, Fletchers, are in breach of numerous pieces of employment legislation.

They have issued Fletchers with a warning that if the highlighted issues are not rectified criminal proceedings will commence. The Authority have recommended that Fletchers employ an external consultant to assist in overseeing the necessary changes.

O’Malley has objected to the findings of the Authority and is unwilling to address the issues as he feels it would be a waste of money and he cannot see the benefit of employing a HR Manager. Use APA referencing style.

Fletchers Case Study

Current Situation

You are a firm of Management Consultants and have been contacted by O’Malley to discuss the current situation and advise:

You are required to:

  1. Conduct research into various organizational structures and design a structure that you feel would be most suitable to create a more effective and efficient operating environment.
  2. Draft job descriptions and person specifications for the positions of Manager, Supervisors and Sales Assistants.
  3. Outline to O’Malley the benefits of creating a good organizational culture and his role in maintaining a good culture.
  4. You must make recommendations as to the policies and procedures that O’Malley should implement to improve performance.
March 17, 2024
March 17, 2024

Management and Organisational Behaviour

Learning Outcomes covered in this assessment:

  • Apply analytical thinking, demonstrating a capacity to question existing practices and assumptions, to the study of management and organisations.
  • Identify and give examples of management and organisational behaviour issues relevant to organisations operating in a global and diverse workplace.
  • Express ideas, concepts and arguments in a logical and coherent written form and in conformity with relevant standards of academic writing.
  • Work both independently and co-operatively, demonstrating intercultural awareness and understanding.

Management and Organisational Behaviour

Assignment Information – What I need to do in this assignment.

Duration or word count:  3,500 words

Brief

This is a Group assessment. Groups must be between 2 – 5 members.

 

You are required to review the attached case study (at the bottom of the assignment brief) and address the tasks outlined below.

 

You are a group of Management Consultants and have been employed to review the organisation structure of ‘Fletchers’ and advise Sean O’Malley.

 

Your task is to:

 

1.      Conduct research into various organizational structures and design a structure that you feel would be most suitable to create a more effective and efficient operating environment.

2.      Draft job descriptions and person specifications for the positions of Manager, Supervisors and Sales Assistants.

3.      Outline to O’Malley the benefits of creating a good organizational culture and his role in maintaining a good culture.

4.      You must make recommendations as to the policies and procedures that O’Malley should implement to improve performance.

Each member of the group must submit a reflective essay highlighting the learning from the process of group working identifying any issues, challenges and how they were over come and the lessons learned that would benefit them for future group working.

Management and Organisational Behaviour

Details

Further details:

 

  1. This is a Group assessment. The group size is limited to between 2- 5 members;
  2. The submission of the group written assignment must contain all of the names of the group members and only one member of the group is to submit the completed assessment;
  3. The individual reflective essay is limited to 500 words and must be completed and submitted by each member of the group via a different submission link;
  4. The assignment is to be written in Times New Roman, Font Size 12, 1.5 Line Spacing, with Headings and Subheadings. The final assignment is to be Justified before submission;
  5. The Group assignment must also include a Table of Contents (with a numbering system and page numbers), Conclusion and a List of References. These are NOT included in the word count;
  6. Do not use Wikipedia as a reliable source for academic information.

Use APA referencing style.

March 17, 2024
March 17, 2024

Assurance — Power BI Problem

Scenario (90 minutes)

Hannaford’s General Store Ltd. (HGL) is a small, family-owned hardwarde store in Winnipeg, Manitoba. It has a small customer base that tends to place regular orders. You, CPA, have just been assigned as the audit senior on the inaugural HGL audit for the period ended December 31, 2018. Previously, HGL had reviews completed by your firm. As senior, you will be responsible for dealing with accounts where professional judgment is required, including accounts that require management estimation. The first account you are to analyze is the allowance for doubtful accounts. HGL has provided you with an electronic copy of its account receivable log for the past two years to help you determine if the allowance for doubtful accounts is appropriate. HGL’s policy is to record an allowance equal to 3% of outstanding receivable balances at year end. At December 31, 2018, HGL has recorded an allowance of $1,040. The dataset provided contained the following fields:

Assurance — Power BI Problem

Assurance — Power BI Problem

CustomerID: Unique identifier for each customer

Invoice Number: Invoice number for sales made on credit

InvoiceDate: Date of credit sale

DueDate: 30 days after the invoice date

YearEndDate: December 31, 2018

InvoiceAmount: Invoice amount (in Canadian dollars)

PaymentDate: Date invoice was paid

PaymentAmount: Amount paid

Outstanding: InvoiceAmount less PaymentAmount

DaysToSettle: Days elapsed between InvoiceDate and PaymentDate

DaysLate: Days elapsed between DueDate and PaymentDate (or YearEndDate if payment not received)

Assurance — Power BI Problem

Hints:

  • Your visualization has to be selected before you can work on it. To select your visualization, simply click on it in Power BI.
  • Using Microsoft’s Snipping Tool, you can easily capture an image of the specific visualization requested.

Task #1

Sales analysis

To begin your analysis of the allowance for doubtful accounts, it’s important to get a good understanding of HGL’s operations, including the magnitude of sales made on credit over the past two years and whether sales on credit are increasing or decreasing.

  1. Create a card visualization for total sales.
  2. Create a stacked column visualization for total sales by year.
  • Create a card visualization for number of customers.
  1. Create a table displaying total sales by customer, followed by a cluster bar chart displaying each customer’s sales as a percentage of the total.
  2. Create a table displaying total sales by customer for 2017 and 2018.
  3. Create a card visualization for the number of invoices outstanding at year end.
  • Create a card visualization for the dollar value of the invoices outstanding at year end.

Submit your response to each using screenshots from Power BI and by following the steps outlined in Appendix I.

Assurance — Power BI Problem

Task #2

Customer analysis

One of the key concerns when evaluating the allowance for doubtful accounts is a customer’s payment history. HGL’s accounting system tracked both the number of days taken to settle an invoice (DaysToSettle) and the number of days that the payment was late (DaysLate). As items sold in the last 30 days of the fiscal year are not “due” until the new year, it is reasonable to exclude these current items from our analysis of old invoices.

  1. Create a table displaying all of the outstanding invoices at year end.
  2. Create a table displaying all “late” outstanding invoices at year end.
  • Create a table that displays customers who regularly pay more than 180 days late.

Submit your response to each using screenshots from Power BI and by following the steps outlined in Appendix II

Task #3

Prepare a memo to the audit partner on the appropriateness of the allowance for doubtful accounts using the information you have gathered above. The partner may wish to discuss the allowance with HGL’s management, so be as specific as possible with your examples and state any assumptions you have made in your analysis. APA.

March 17, 2024
March 17, 2024

The Casual Furniture Company

The Casual Furniture Company (CFC) makes a variety of bookshelves for homes and businesses. The shelves come in various heights, widths, materials, and finishes. Effective requirements planning is essential for CFC’s performance, and it uses MRP for planning.

The Casual Furniture Company

The MPS and MRP records are shown for one of CFC’s products, part number 4 × 3-01, a four-foot-high and three-foot-wide standard depth oak bookshelf. The BOM as a product structure diagram is shown in Figure 14-19.

The Casual Furniture Company

FIGURE 14-19 Bookshelf 4 × 3-01 BOM

CFC uses one-week time buckets and a planning horizon of eight weeks. The MPS for the 4 × 3-01 Bookshelf is shown in Figure 14-20.

The Casual Furniture Company

FIGURE 14-20 MPS Bookshelf 4 × 3-01

The Casual Furniture Company

The cabinets are built in the cabinet assembly department and the shelves, backs, sides, and ends are made in the cutting department. The component lot size, lead time, available inventory and safety stock are shown in Figure 14-21. Two associates work in the cutting department, making the available capacity 80 hours per week, without overtime. The processing time for each component in the cutting department is shown in Figure 14-22. Also note that there is a scheduled receipt of 600 brackets in week 1 and a scheduled receipt of 1000 oak sheets in week 1. APA.

 

FIGURE 14-21 Component Lot Size and Inventory Information

The Casual Furniture Company

FIGURE 14-22 Cutting Department Processing Time

The Casual Furniture Company

Questions

  1. Develop the MRP for all of the components.
  2. During week 1 of the plan, the bracket supplier notifies CFC that the order for 600 units will not arrive as planned. Instead, 300 will arrive this week and 300 will arrive next week, instead of all 600 arriving at the same time. Will this affect production and, if so, to what extent?
  3. Now that the plan has been developed, is it feasible to consider the capacity of the cutting department? What recommendations do you have?
  4. If you could change the lead times or lot-sizing policies used for any of the components, what changes would you make? Why?
March 17, 2024
March 17, 2024

Personal Finance Assignment

Introduction:

This comprehensive final project report encapsulates the culmination of the whole course learnings of Personal Financial Planning course. The primary objective of this project is to apply theoretical knowledge to practical scenarios, offering robust financial plans for individuals or families. The project delves into various aspects, including data analysis, strategy development, and effective communication of financial plans.

Project Components:

Data Gathering and Analysis:

Conduct an In-depth research to collect relevant financial information.

Utilize various financial tools and techniques to analyze income, expenses, assets, liabilities, risk tolerance, and more.

Personal Finance Assignment

Personal Finance Assignment

Financial Planning Recommendations:

Develop a comprehensive financial plan tailored to the case study, addressing short-term and long-term goals.

Integrate strategies for budgeting, investment, retirement, insurance, tax, and estate planning.

Implementation Strategy:

Outline a clear and feasible plan for implementing the financial strategies.

Consider timelines, responsibilities, and potential challenges in the implementation process.

Assessment:

The project report will be evaluated based on the quality of the financial report plan, the accuracy of the analysis, the effectiveness of the presentation, and overall group collaboration. Individual contributions were considered during the assessment process, acknowledging the importance of teamwork and individual accountability

Personal Finance Assignment

Instructions

In this assignment, you will create an Excel spreadsheet to track and calculate your personal net worth. Personal net worth is a valuable financial metric that provides an overview of your financial health by assessing the difference between your assets and liabilities. This assignment will help you gain practical experience in using Excel for financial management and understanding your current financial standing.

Learning Objectives:

Understand the concept of personal net worth and its importance in financial planning.

Develop proficiency in using Microsoft Excel for data entry, formatting, and basic calculations.

Analyze and interpret personal financial data to gain insights into your financial situation.

Personal Finance Assignment

Submission:

Save your Excel file with an appropriate name, such as “Personal_Net_Worth_StudentName.”

Upload the Excel file to the designated submission platform.

Grading Criteria:

Your assignment will be evaluated based on the following criteria:

Completion and accuracy of the Excel sheet, including proper categorization of assets and liabilities.

Correct calculation of net worth using Excel formulas.

Effective formatting and presentation of the spreadsheet.

Thoughtful analysis and reflection on the calculated net worth and financial insights gained.

Note: This assignment aims to provide practical experience in using Excel for personal financial management. Your personal financial information is confidential, and you are not required to share actual financial numbers in the assignment. Use hypothetical data for the purpose of this exercise. apa.

March 17, 2024
March 17, 2024

NUR631 Module6 Activity Worksheet

Overview

The staffing budget frequently comprises a significant portion of a medical unit’s operating budget. For this assignment, you will utilize historical data and related assumptions to prepare a staffing budget for a 36-bed medical/surgical department. Directions Complete the Module Six Activity Worksheet linked in the What to Submit section below. Specifically, you must address the following rubric criteria:

NUR631 Module6 Activity Worksheet

Calculating Workload:

Using pro forma statements, calculate workload for nursing staff.

Calculating Metrics by Role:

Calculate the number of full-time employees, total hours, and total wages for each different nursing role.

Calculating Totals:

Calculate totals for full-time employees, total hours, and total wage for all nursing roles. Calculating Fringe Benefits:

NUR631 Module6 Activity Worksheet

Calculate a registered nurse’s total annual fringe benefits percentage. Completing this activity assignment will help you complete Project Two by helping you understand the process for creating a staffing budget.

What to Submit Worksheet:

Module Six Activity Worksheet Use this worksheet to help complete your assignment.

The staffing or personnel budget frequently comprises a significant portion of a medical unit’s operating budget. For this assignment, you will utilize historical data and assumptions to prepare a staffing budget for a 36-bed medical/surgical department.

Complete this worksheet by replacing the bracketed text with the relevant information. Use these pro forma statements (assumptions):

  • The 8-hour shift model is used to define the workday.
  • One full-time employee (FTE) is equal to one employee (or a combination of employees), who work full time or 80 hours per 14-day pay period, or for a total of 2,080 hours per year.
  • The measurement of work is the average daily census at midnight, which is 30.
  • The unit needs to be staffed 24 hours per day, 7 days a week, 365 days a year.
  • The budgeted hours per patient day (HPPD) (or the average number of hours of care required over a 24-hour period) is 10.5.
  • The skills mix includes nurse managers (1.59% of total FTEs), registered nurses (54.41% of total FTEs), nursing technicians (42.0 % of total FTEs), and unit secretaries (2.0% of total FTEs).
  • Managers only work 8-hour dayshifts Monday through Friday.
  • For calculating FTEs, assume 1.4 is the constant. It represents the 7 days in a week with an FTE working five days per week. (Note: 7 divided by 5 = 1.4).
  • For the next step in calculating FTEs, assume that 1.14 is a constant, which includes 0.14 for nonproductive time, which could represent illness, sick time, personal time, or professional development for each 1.0 FTE.

NUR631 Module6 Activity Worksheet

Data Collection and Calculation of Workload for Nursing Staffing Budget

Complete the following table using the pro forma statements provided to prepare the staffing budget.

 

Metric to Be Calculated Calculations
State the average daily census (ADC)/Work Unit [Insert text.]
Calculate total patient days

(ADC × 365 days)

[Insert text.]
Identify the hours per patient day (HPPD) [Insert text.]
Identify the workday unit used [Insert text.]
Calculate the number of required FTEs

(ADC × nursing hours × 1.4 x 1.14) / 8

[Insert text.]

 

Calculation of Wages for Operating Budget

Now that you have the number of FTEs to staff the unit, you will be able to determine the Cost for Wages line-item on the operating budget. Complete the following table.

Note: Utilize pro forma statements to calculate the skill mix allocation of FTEs.

NUR631 Module6 Activity Worksheet

Position Hourly Wage

(Average)

Number of FTEs Total Hours

(FTEs × 2,080)

Total Wages

(Hourly Wage × Total Hours)

Nurse Manager $55.0 [Insert text.] [Insert text.] [Insert text.]
Registered Nurse (RN) $39.50 [Insert text.] [Insert text.] [Insert text.]
Nursing Technician $22.75 [Insert text.] [Insert text.] [Insert text.]
Unit Secretary $18.50 [Insert text.] [Insert text.] [Insert text.]
Totals N/A [Insert text.] [Insert text.] [Insert text.]

 

Calculation of Total Annual Fringe Benefits Percentage

Now that you have the total wages for the next fiscal year, complete the chart using the following information. You will need to calculate one registered nurse’s total annual fringe benefits percentage.

  • A registered nurse’s total salary is $39.50 per hour or $82,160 per year.
  • A registered nurse’s annual fringe benefits including Federal Insurance Contributions Act (FICA); Social Security (SS); Medicare tax; unemployment taxes; workers’ compensation; employee health, dental, vision, disability, and life insurance; and retirement benefits estimated at $20,000 per year.
  • You should use this formula: Employee annual fringe benefit ÷ annual salary. (Multiply result by 100 to get the percentage.) apa.
Percentage to Be Calculated Calculations
Registered Nurse’s Total Annual Fringe Benefits Percentage [Insert text.]