...end of 2005? (No grade will be awarded for this question, but, answering it will help to focus your thinking.) Q 2 Deconstruct HD’s world with PEST, with PORTER and with CRACK. Quantitatively, how healthy is HD? (5%) Q 3 Shortlist the three best go-forward options with pros and cons. (5%) Q 4 What is your top go-forward choice and why. Apply forecast modeling to it, looking 3 to 5 years forward. This is to say, what convergence of key impact points would plausibly create a worst case scenario and how would that impact key forecasts like gross revenues, profit, et al? Would HD still be ok following your recommendations? What conditions would make a best case scenario to support your recommendation and what would key outcomes look like? What are the most probable impacting points and how do you envision this will play out as HD moves forward with your recommendation? (5%) Q 5 If HD executed your recommendation would you buy HD stock if money was available? Why? Why not? (No grade will be assigned, but, answering will reflect confidence in your recommendation.) In answering these questions, go for quality over quantity – time is money. Avoid repeating facts from the case as this in itself does not add further insight. Rather, synthesize and read between the lines. Ask important questions. Given that, prepare this as though it is for the CEO of HD, with stock portfolios and employee jobs at stake. Be thorough where it counts...
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...from its strategic mistakes that resulted in a significant plummet in stock value and revenues, disgruntle consumers and reduced customer loyalty in addition to a whopping amount of canceled subscriptions and deterred potential customers. Not to mention the deterioration of brand image and reduced operating profits. If Netflix does nothing to address the strategic issue at hand, it can be detrimental to the future of the company. In the worst case, in light of the intensely competitive nature of the industry and the oversaturation of movie rental and instant streaming rivals, Netflix may in fact become a thing of the past. Unsatisfied consumers can be very unfavorable to a company when there are numerous substitute services. It is likely that Netflix will continue to experience negative customer reaction and a continued slide in stock prices and revenue. It is obvious that if the company takes no action to increased customer satisfaction in the midst of immense dissatisfaction the company’s brand loses recognition. In the best case, those consumers that may consider the service provided by Netflix to be superior to that of the...
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...Case Analysis – Specialty Toys 1. Senior sales forecaster predicted and expected demand of 20,000 units with .95 probability that demand would be between 10,000 and 30,000 units. P (10,000 < x< 30,000) = .95 (30,000-20,000)/1.96 = 5,102 X = the demand of Weather Teddy Mean µ = 20,000 Standard Deviation α = 5,102 The normal distribution of the demand for the Weather Teddy is represented in the graph below. This is based off of the forecast of previous selling history of other similar toys. The forecast shows that the demand for the Weather Teddy will be at 20,000 units, but with a probability of .95 of selling anywhere between 10k to 20k units. Therefore, with the information given the standard deviation of this forecast is at 5,102. 2. With various order quantities suggested by members of the management team, it would be wise to compute the probability of a stock-out for each of the order quantities suggested. The probability of a stock-out is the inverse of the probability that the quantity sold is less than or equal to the amount purchased by the company. 1st Formula used: z = (x - µ) / σ The probability of a stock out is calculated by subtracting the probability found in the chart from 1. Suggested Quantity to Order | Probability of a Stock-Out | 15,000 | 83.65% | 18,000 | 65.17% | 24,000 | 21.77% | 28,000 | 5.82% | 3. Based on the various order quantities suggested by members of the management team, a simple profit analysis...
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...Perceptual Map Situation Analysis The Situation Analysis will help your company understand current market conditions and how the industry will evolve over the next eight years. The analysis can be done as a group or you can assign parts to individuals and then report back to the rest of the company. An online version of the Situation Analysis is available in the Getting Started area. (customers want better performing products) and for size is -0.7 (customers want smaller products). At the end of Round 1 the center of the Traditional segment will have a performance of 5.7 and a size of 14.3. 5.0 + 0.7 = 5.7 and 15.0 - 0.7 = 14.3 Table 2 displays the segment center locations at the end of each round. Print the Perceptual Map Form in the Industry Conditions Report then use Table 2 to find the location of each segment center for Rounds 1 through 8. Mark the approximate locations on the form (see the example in Figure 1). Remember, the locations in Table 2 are the centers of the segment circles, not product positions. Product positions are reported on page 4 of The Capstone Courier. The exercises require two reports: The Industry Conditions Report and The Capstone Courier, which are available from the website’s Reports link. The Courier is also available from the Capstone Spreadsheet’s Reports menu bar. The Courier available at the start of Round 1 displays the results for Round 0, when all companies are equal. If you access the report from the website, use the Round 0...
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...Community Mental Health Services Salaries (two s w) 46,000 ;Trans 10,000 Outpt mental health tx Salaries:Psychiatrist 86,000 2 SW 70,000 Give a Give a dollar range of costs to reduce budgets (worst and best case analysis). You need to cut $94,000 in cost. Prioritize those cuts that can be made withwithout impacting the operation or quality care of the organization.How would you advise Dr. White to prepare for reduced budgets? excel spread sheet Solution To be able to answer the questions and decide on costs that could be cut, we must divide costs into discretionary and committed costs. Discretionary Fixed Costs (also known as Managed Fixed Costs) usually arise from annual decisions by management to spend in certain fixed costs. There are basically 2 differences between Discretionary and Committed Fixed Costs; 1) The planning horizon for Discretionary Fixed Costs is fairly short-term, usually a single year; and 2) Discretionary Fixed Costs can be cut for short periods of time with minimal damage to the long-run goals of the organization. In the attached excel sheet I listed all costs & divided them into Committed and Discretionary. Some of the costs that I have listed as Discretionary (Transportation, for example) might be on a long-term contract, and in that case they would become Committed. 1. Give a dollar range of costs...
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...business, there will be no problem for her to expand her business widely after two years. The reason we want Sindy to expand her business after 2 years, not after 1 year is because we want Sindy to gain more business knowledge and on the same time, save some money so that she will able to hire more sales people, HR professional and pay for leasehold improvement. In two years before expanding her business, it is important for Sindy to learn more on the recruiting agency business since she have to face a very competitive environment once she enters the middle and senior level segment. She will have to compete with various competitors which some of them may be a big company and have more experience in doing the business. Therefore, 2 years is the best time for Sindy to get all of these which is gain her knowledge and save some money. Another reason we suggest Sindy to expand her business into middle and senior level segment is demand for skilled workers at China increase in the year of 1998 and it may continually increasing. Demand for skilled workers is increase due to globalization and...
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...DATA STRUCTURES ANALYSIS OF ALGORITHMS Definition:- The method of solving a problem is known as an algorithm.It is a sequence of instructions that act on some input data to produce some output in a finite number of steps. Properties:- a) Input:An algorithm must receive some input data supplied externally. b)Output:An algorithm must produce atleast one output as the result. c)Finiteness:The algorithm must terminate after a finite number of steps. d)Definiteness:The steps to be performed in the algorithm must be clear and unambiguous. e)Effectiveness:One must be able to perform the steps in the algorithm without applying any intelligence. All algorithms basically fall under two broad categories-Iterative and Recursive algorithms. Iterative Algorithms typically use loops and conditional statements. Recursive Algorithms use a divide and Conquer strategy. As per this,the recursive algorithm breaks down a large problem into small pieces and then applies the algorithm to each of these smal pieces. Determining which algorithm is efficient than the other involves analysis of algorithms. While analyzing,time required to execute it determined .’time’ represents the number of operations that are carried out while executing the algorithm. While analyzing iterative algorithms we need to determine how many times the loop is executed. To analyze a recursive algorithm one needs to determine amount of work done for three things: ...
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...40,425,716 Property price 40,000,000 34,811,033 30,000,000 property future price 20,000,000 10,000,000 0 6.5% 7.75% YTM[%] 9.0% Sensitivity analysis of the financial implication IRR vs. YTM 25% 20% 20% 17% 14% IRR[%] 15% 10% 5% 0% 6.50% 7.75% YTM [%] 9.00% Sensitivity analysis of the financial implication Property future revenue at 2021 vs. YTM 16,000,000 15,097,433 14,000,000 Property price 12,000,000 10,000,000 7,323,256 8,000,000 6,000,000 4,000,000 1,708,574 2,000,000 0 6.5% 7.75% 9.0% YTM[%] The value of capital+ loan at the point of selling will be 33,102,460$ at 2021. In the worst case scenario of yield 9.0% the revenue will be 15,097,433$ In the best case scenario of yield 6.5% the revenue will be 1,708,574$ Suggested strategy The Cirrus building...
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...the pivot. In all subsequent iterations of the sorting algorithm, the position of this pivot will remain unchanged, because it has been put in its correct place. The total time taken to re-arrange the array as just described, is always O(n)1 , or αn where α is some constant [see footnote]. Let us suppose that the pivot we just chose has divided the array into two parts - one of size k and the other of size n − k. Notice that both these parts still need to be sorted. This gives us the following relation: T (n) = T (k) + T (n − k) + αn where T (n) refers to the time taken by the algorithm to sort n elements. WORST CASE ANALYSIS: Now consider the case, when the pivot happened to be the least element of the array, so that we had k = 1 and n − k = n − 1. In such a case, we have: T (n) = T (1) + T (n − 1) + αn Now let us analyse the time complexity of quick sort in such a case in detail by solving the recurrence as follows: T (n) = T (n − 1) + T (1) + αn = [T (n − 2) + T (1) + α(n − 1)] + T (1) + αn (Note: I have written T (n − 1) = T (1) + T (n − 2) + α(n − 1) by just substituting n − 1 instead of n. Note the implicit assumption that the pivot that was chosen divided the original subarray of size n − 1 into two parts: one of size n − 2 and the other of size 1.) = T (n − 2) + 2T (1) + α(n − 1 + n) (by simplifying and grouping terms together) = [T (n − 3) + T (1) + α(n − 2)] + 2T (1) + α(n − 1 + n) = T (n − 3) + 3T (1) + α(n − 2 + n − 1 + n) = [T (n − 4) + T (1) + α(n − 3)] + 3T (1) +...
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...BOOKS ABOUT TASHTEGO CASE ANALYSIS Rdiana.com TASHTEGO CASE ANALYSIS Updated: 02/26/2015 DISCLAIMER: RDIANA.COM uses the following Tashtego Case Analysis book available for free PDF download which is also related with TASHTEGO CASE ANALYSIS Tashtego Case Analysis can be easily downloaded from our library. Don’t you believe? It is completely free. You just have to register on our site – click on the link below and answer simple questions. It will provide you for free access to Tashtego Case Analysis and other eBooks. We ask you to pass a registration because of hard hackers’ attacks that knock out of service our library and prevent our users from downloading Tashtego Case Analysis as well as other books when it is necessary. When pass the registration, you can be sure of free and unlimited access to Tashtego Case Analysis and lots of other PDF data. Files can be downloaded on your device when you want. Therefore, if you still need Tashtego Case Analysis and cannot download it from other sites, register on our site and get a free access to a rich collection of eBooks right now. Save your time and efforts. PDF FILE: TASHTEGO CASE ANALYSIS Rdiana.com BOOKS ABOUT TASHTEGO CASE ANALYSIS PAGE: 2 TASHTEGO CASE ANALYSIS RR.DVI INSTITUT NATIONAL DE RECHERCHE EN INFORMATIQUE ET AUTOMATIQUE An Average-case Analysis of the Gaussian Algorithm for Lattice Reduction Herve Daude , Philippe Flajolet , Brigitte Vallee N 2798 Fevrier 1996 PROGRAMME 2...
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...ZZZ Best Company Inc. ZZZ Best Company, Inc. is good example for being explored by accounting students regarding audit field. In this case, ZZZ Best Company, Inc., which is established by Barry Minkow, became a tool for its owner i. E. Barry Minkow to get money by lying to thrid parties via fictitious insurance restoration project. Difficulties in developing carpet cleaning industry made Barry Minkow think to get money in wrong way. Collaborate with Tom Padgett and also extensive social network, made this big scheme to deceive big investors became easy. After success in cheating investors, Barry Minkow think bigger to make more money. He think to make ZZZ Best Company go public. For company which want to go public, it must fulfill many requirements of SEC. One of requirements is audited by accounting public officer. To fulfill that requirement, ZZZ Best Company Inc. hired George Greenspan to perform audit for 12 months. According to his testimony regarding ZZZ Best scandal to congressional subcommittee that investigated fraud in ZZZ Best Company, Inc., Greenspan insisted that he has proprtly audited Minkow’s company although finally Greenspan admitted that he had not inspected any of the insurance restoration sites. Next audit company which audited Minkow’s company was Ernst and Whinney. From Greenspan confession, he already communicate with Ernst and Whinney as predecessor auditor who audited ZZZ Best but this statement was rejected by Ernst and...
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...ZZZ Best, Case 1. Ernst & Whinney never issued an audit opinion on financial statements of ZZZZ Best but did issue a review report on the company’s quarterly statements for the three months ended July 31, 1986. How does a review differ from an audit, particularly in terms of the level of assurance implied by the auditor’s report? There are numerous differences between performing a review and actual audit on the financial statements, but the major one is that the review does not contemplate obtaining an understanding of internal control structure. Also, a review does not assess control risk, tests of accounting records and responses to inquiries by obtaining corroborating evidence through inspection, observation or any other audit procedure. It can point out significant matters of the financial statements but does not provide assurance of their accuracy. The issue with ZZZZ Best case is that the auditors review was not sufficient enough to review any misstatements on the financial statements. Erns & Whinney never questioned the internal control, reviewed contractual agreements or made comparison of the previous statements. If they had done any of the above, they would have revealed a glitch in the system. In addition, the review does not provide the assurance that an audit opinion would do on the financial statement. 2. SAS No.106, "Audit Evidence," identifies the principal "management assertions" that underlie a set of financial statements. The occurrence assertion...
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...Research Paper Number One Nathan C. Fears, Student Kaplan University Abstract The perception of the financial and the accounting field over the past decade has been very poor in the eyes of the public. Especially after many recent scandals that have more then embarrassed the industry. The overall idea behind the field of accounting is for accountants to serve the public for the greater good. Yet the public doesn’t feel that accountants can be trusted. Hence, the numerous amounts of regulations imposed by the government on the finance field. In this paper we discuss the field of finance and accounting, overall view of the public, several scandals that led to the lowly perception of the accounting profession and some of the numerous regulations imposed by the government. Are these regulations too many or too little and how do they affect the economy? Research Paper Number One The perception of the financial and the accounting field over the past decade has been very poor in the eyes of the public. Especially after the recent scandals that have more then embarrassed the industry. The overall idea behind the field of accounting is for accountants to serve the public for the greater good. Yet the public doesn’t feel that accountants can be trusted. Hence, the numerous regulations imposed by the government on the finance field. According to a recent poll done by U.S. News and World Report of the top jobs...
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...To: XXX XXXXX Managers. From: Joe Fire, Public Relationship Manager. Date: May 19, 2009 Subject: Changes in operation timings: You will be aware that there is an increase in the gas prices causing higher costs to the company as well as inflating the gas bills of the managers and employees that travel to work. This has led to a severe increase in operating costs and calls for adjustment to our operations. To counter the severe increase in gas prices, the store will now remain closed on Sundays. The store will be open on Monday through Saturday from 9 am instead of 8 am and will close at 8 pm instead of 9 pm. The managers will now be required to work four 10 hours-a-day every week. The part-time employees will be required to consolidate their work weeks into one, two or three workweeks. Currently, there will not be any store closures; however, no new stores will be opened. It is expected that the new time of store operations will reduce fuel cost for the managers. Also fewer full working days will mean you will have more time with your family and an opportunity to pursue your interests. Store Employees (e-mail) Send as: Joe Fire, Public Relationship Manager. To: XXX XXXXX Employees: Subject: Improvement in store operations timings. You have exciting news. There are new employee friendly operational timings that will make you happy. The stores will not remain closed on Sundays so no employee will be required to work on Sundays. That apart full time employees will have their...
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...adequately plan the audit, not involving the client or failing to put together appropriate team members, etc. How can auditors to more effectively detect financial statement fraud? One of the best ways is to “profit” from the mistakes of others. The following is a list of lessons to be learned from the cases that we examined in class and AICPA codes that are applied to each case. Independence (ET section 101) Rule 101–Independence. A member in public practice shall be independent in the performance of professional services as required by standards promulgated by bodies designated by Council. The impairment of independence can happen due to many reasons such as the close financial relationship between a covered member and a client, a covered member’s close relative’s position in the client’s company, etc. In the case of Leslie Fay, BDO Seidman’s independence was impaired, the auditing firm of Leslie Fay since mid-1970s, because the on-going litigation brought up by Leslie Fay’s stockholders. This is supported by the paragraph 8 of ET section 101, which states, “In some circumstances, independence may be considered to be impaired as a result of litigation or the expressed intention to commence litigation.” Another example of independence impairment could come from the case Livent. In this case, Maria Messina and Christopher Craib were two former members on Livent’s audit engagement team. Maria Messina became the CFO of Livent after leaving...
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