Decision Making Assignment

There are two sections to the assignment;
1. The decision tree itself with the analysis on the tree, and your statement recommending what action(s) should be taken, and this must be handed in at the Student Hub office in the Haldane building by the deadline.
2. A reflective element which must be submitted via turnitin by the same deadline. The reflective statement should be mainly about your experience in doing the assignment – what you learned, the difficulties you encountered, how you resolved them etc., but a comment on the advantages and disadvantages of decision trees in the context of the problem could also be included.

The assignment accounts for 30% of the marks for the course; 25% for the decision tree and solution and 5% for the 200 word reflective element.

It is very easy in these types of problems to spot where copying or excessive collusion has occurred. If I suspect this of happening the work concerned will be referred to another member of staff for a mark of zero and be subject to the normal procedure in such events.

Here is the question you are required to answer;

_____________________________________________________________

The board of directors of a small electrical relay manufacturing company are faced with a number of inter-related decision problems.

There is currently a labour dispute and the union has set a strike deadline of 12.00 midnight if their request for a 19% (TEXTVAR1)wage increase is not accepted. There is no doubt that the union will carry out this threat and the resulting strike would cost £32600,(VAR2) and, in addition it is certain that the ultimate agreement would result in a relay cost of £3.73(TEXTVAR3) per unit. If the company give in to their demand, the total cost per relay unit would increase to £4.05(TEXTVAR4) compared to the present cost of £3.5(TEXTVAR5) per unit.

The union problems are complicated by the fact that the Government is seeking tenders for a contract C1 for the supply of 977500(VAR6) relay units and the company would not be eligible to bid for the contract if the employees went on strike. However, even if the union demands were met and the strike averted, the company would still not be assured of getting the contract unless the competitors are underbid.

The possible bids and resulting probabilities of winning the contract are as follows;

Possible bid per unit Probability of winning contract C1
£4.15 0.29(TEXTVAR7)
£4.12 0.49(TEXTVAR8)
£4.10 0.6(TEXTVAR9)
£4.07 0.81(TEXTVAR10)

A second government contract C2 is anticipated in the latter part of the year if the company is unsuccessful in obtaining C1. Because of the production limitations, it is not possible for the company to bid for contract C2 if it is awarded contract C1. To be in a position to bid for the contract C2, it is necessary to secure adequate financial backing now, to provide a guarantee that the company could provide certain expensive test equipment if it is awarded the contract.

The larger the investment in test equipment provided, the higher the probability the company will be awarded the contract. The anticipated net profit for this second contract is £311300(VAR11) if the per unit cost is £4.05(Same as TEXTVAR4), and £500,000(VAR13) if the per unit cost is £3.73(same as TEXTVAR3). These figures do not include the large investment in special test equipment which has to be written off over the life of the contract. The possible investment and resulting probabilities of winning the contract are as follows;

Investment in test equipment Probability of winning contract C2
£208900(VAR15) 0.22(TEXTVAR19)
£241600(VAR16) 0.39(TEXTVAR20)
£258500(VAR17) 0.49(TEXTVAR21)
£286200(VAR18) 0.61(TEXTVAR22)

Draw a decision tree for the problem and assuming that a Bayesian decision is made determine;

1. whether or not the company should give in to the union’s demands
2. what bid per unit should be chosen for contract C1, and
3. how much should be invested in test equipment for contract C2

What is the optimal strategy and the expected monetary value of this strategy?

Provide a succinct statement of your primary recommendation and any others you may make as a result of subsequent chance events.

Submit your decision tree and the statement of your recommendations in hard copy to the Client Experience Office by the deadline.

Submit your reflective element via turnitin by the same deadline.

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This assignment will be a 2000 word discussion paper in essay format incorporating reflective analysis and critique of mental health nursing practice and health care services in terms of evidence and efficacy of recovery orientated practice.

Assignment 1
This assignment will be a 2000 word discussion paper in essay format incorporating reflective analysis and critique of mental health nursing practice and health care services in terms of evidence and efficacy of recovery orientated practice.

Purpose:
The purpose of this discussion paper is to give students the opportunity to explore the literature surrounding theories of recovery and practice. Students will be required to prepare an essay based on the National framework for recovery–orientated mental health services (2013), choosing one of the two (2) domains listed below.

a) Domain 2: Person 1st and holistic
Putting people who experience mental health issues first and at the centre of
practice and service delivery; viewing a person’s life situation holistically
OR
b) Domain 3: Supporting personal recovery
Personally defined and led recovery at the heart of practice rather than an additional task

Students will be required to explore the key capabilities of mental health nurses and the responsiveness of health services to working with individuals, families, carers and the community within a recovery framework.

You will need to access a number of articles (between 6 –10) and critically review them in order to present a meaningful academic discussion. In your review demonstrate critical analysis & synthesis supporting all of your work with appropriate references.
Assignment submission is via the LEO drop box including a Turnitin Certificate. Students should ensure that they retain a copy of your assignment. If any difficulties arise please contact the LIC. Student will receive feedback on each assessment task through email attachment.

Learning outcomes assessed: 1, 2 & 4
How to submit: Students should submit assignment as a word document (.doc)
attachment
Return of assignment: Via email

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Fashion Buying Report

Produce a report for your Buying Director and Buying Team. You will be instructed to analyse a current range of products. You are required to produce an informative report summarising current performance and provide a strategy for future trading of this range. It should incorporate the following;

• Appraisal for the current market situation for the product type.
• Competitor analysis of this product type giving consideration to two competitors.
• Appraisal of the current product range. (price, trend, fit, quality, size offer etc)
• Identify lessons learnt and missed opportunities.
•This will allow you to produce a proposal for what can be learnt from this range and how this could be taken through to next year’s Autumn/Winter or Spring/Summer range.

It is important to give consideration to the visual presentation of your report as a report of this nature could be used within presentations to senior management teams within the company.

Word count for this report is 2,500 words.

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Digital Audio Workstation

Write a 3000 words on Digital Audio Workstation in engineering aspects and business aspect;
1-Engineering aspect would be on how streaming services like Spotify and Soundcloud where music is essentially on tap. These are really now becoming the focus of music consumption. and focusing more on e-based marketing strategies for music (so the technology focus, for example looks at digital delivery formats for music)
2-Business aspect would be on supply chain on musical industry and how it affected music back in the 80s where there was no impact from internet and now how the internet is effecting the musical industry in several points
I’m guessing that supply chain could fit around the DAW in the sense that it affects the relationship between music creator and the studio network. The studios needed creators to fund their existence – they are the vehicle by which music could be professionally tailored for the market (often on behalf of the record label)– with the DAW there is a centralization of the studio production environment around the creator.

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literature Review on Understanding the drivers that influence Generation-Y’s participation in the Australian property market

Research Topic: Understanding the drivers that influence Generation-Y’s participation in the Australian property market

1) Generation-Y’s Preferences & trends

where they live, where they grew up, parents mainly Baby Boomers, convenience, spoiled, moving out later from family home, grew up with technology, more informed, tech savvy, more socially connected, smaller world, trends catch on quicker, impatient, want things now,
try to tie in with property> do they enter the property market later? more dependent on parents? more renters than home buyers? marry later? smaller household? more functional living, harder to please, less social creatures could mean moving out later too? or not interested in larger community living? used to be supply drive> products made and pushed out whereas now demand driven> made to suit demand?

6 Sources are given below. However, you need to find more sources ( at least 10 sources in total )

1)

Gen Y Will Set Housing Market Direction in Next Decade

=> More so than previous generations, having been used to living in smaller dwellings, and probably more likely to have less children than the previous generation, you probably will see more gen Y owner occupier demand for apartments and townhouses and relative to where it was previously more so in established areas as opposed to the outer suburbs,” he said.

2) http://www.theguardian.com/business/grogonomics/2014/dec/11/generation-y-have-every-right-to-be-angry-at-baby-boomers-share-of-wealth

=> Statistics!!!!!!!!! Jericho 2014
• average wealth per household age. in terms of property, super, other financial assets
• home ownership rate by age group
• change in home ownership rates
• house prices v earnings
• change in government benefits per household (cash, health, benefits)

3) Identifying linkages between generations and the property market: the effect on residential and retail property. (attached document source 1)

This paper examines the role of demography when researching property markets, with the focus placed on demographic shifts. The study concludes that when conducting research into property markets. it is essential to have a thorough understanding of various demographic variables to predict how they affect demand. An appreciation of the drivers behind generations will assist property researchers to identify future needs, and the subsequent effect this will have on community development involving retail and residential property.

4) More Apartment Developers Eye Gen Y.
author: Rowan Samantha
http://web.b.ebscohost.com.ezproxy.lib.rmit.edu.au/ehost/detail/detail?vid=1&sid=439b9f77-11bb-4e03-a8d0-7605cce865d5%40sessionmgr113&hid=101&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=bth&AN=87471147

a shift of target market for developers!

5) NEWS – Gen Y to fire up a market in flux

http://www.news.com.au/finance/real-estate/gen-y-to-fire-up-a-market-in-flux/story-fndban6l-1226665134452

Brisbane –
By the time of 2020, baby boomers no longer the dominant force in the property market. The gen Y look for affordability, lifestyle and accessibility when comes to properties. Therefore, apartment will be an ideal home, as it is low maintenance, walkability and in the location where they wan.
He also believe that the diff generation type with diff housing demand may change Brisbane inner and middle ring suburbs in the next three decades

6) http://blogs.wsj.com/developments/2013/05/15/is-generation-y-a-game-changer-for-housing/

Gen Y preference of staying in cities/ urban/ > affordability

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You will critically review the theoretical arguments and empirical data of established researcher and then you will integrate this review into an integrative argument as to what is the most plausible interpretive conclusion about the phenomenon that can be drawn.

3000 word scholarly research and argumentative essay. You will critically review the theoretical arguments and empirical data of established researcher and then you will integrate this review into an integrative argument as to what is the most plausible interpretive conclusion about the phenomenon that can be drawn. You will discuss a cognitive mechanism at work in cognition such as attention, awareness, self-regulation etc. You may also discuss how the cognition develops in practices. You must use a minimum of 10 independent (not from reading list) peer review academic journal articles. APA format is mandatory.

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Midterm essay

Write an essay with the strong and cleat thesis statement and explore the interplay between collectivization and technology based on the two films: Hitler’s constructions (film link: https://www.youtube.com/watch?v=rbeSg9a0clk) Enthusiasm by dziga vertov (Film link: https://www.youtube.com/watch?v=vUInm2dC6Ug ) Discuss how thet relate to the particular social and political cries.

Paper should address above films and discuss and explicate the role of national film in negotiating social and political crises. Explore the representations of individuals and groups.
Consider the ways in which machinery (including that of the sound film) functions on behalf of distinct ideological projects. Utilize the following three readings to demonstrate the idea and make the argument on the essay. Don’t use other outside source. Readings: Robin, The Crowd, The collective/Kracauer Siegfried The mass ornament Weimar/ Siegfried Kracauer from caligari to Hitler. Be sure to cite the page and words from this reading.

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cultural artifact, activity or event.

Objective: The objective of the Essay is to provide you with the opportunity to explore in
greater detail aspects of one of the theoretical perspectives discussed during the module.
Brief: Select a specific cultural artefact, activity or event. Choose one of the weekly
theoretical perspectives that we discussed during the module (Weeks 2-10). Select a
number of key concepts or ideas from that theoretical perspective. Provide a detailed
analysis of your chosen cultural artefact, activity or event in terms of your key concepts.
Examples: For instance, you might choose the videogame Monument Valley and analyse it
in terms of the key concepts of problematic, symptomatic reading, manifest text and latent
text from Week 3 of the module (Marxism 2). Or, you might choose a packet of Cheezly
vegan cheese and analyse it in terms of the key concepts of myth and binary opposition from
Week 5 of the module (Structuralism). Or, you might choose a beach volleyball match and
analyse it in terms of the key concepts of patriarchy and sexism from Week 6 of the module
(Gender and Sexuality 1).
Further Details
● do not choose a cultural artefact, activity or event that we discussed in class;
● you must include a list of Works Cited at the end of your essay, using Harvard style (see
Cite Them Right, available through the Library web pages, for details);
● your essay must be 2000 words long, excluding the Works Cited;
● you may include a small image if it will be helpful to readers (note that the maximum total
file size you can upload is 20MB);
● you must number the pages of your essay;
● you must attach the Essay Cover Sheet (available from Moodle) to the front of your
essay;
● pay close attention to the Assessment Criteria which are reproduced on the cover sheet;
● it is not possible for tutors to read plans or early drafts of essays, but we are always
happy to discuss your ideas for the assignment by email or in a tutorial;
● when you have completed your essay, upload it using the Turnitin button in Moodle (do
not email the assignment to the module tutor);
● do not convert your document to pdf format before uploading it.
Length: 2000 words (+/- 10%), excluding Works Cited

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Capability Statement

A capability statement that follows from your capital budgeting presentation will be due near the end of the semester. Assume the CFO of your MNC (Nike, Inc) is considering you as Team Leader for your capital budgeting proposal and has asked you to submit a capability statement. Write a one – two page statement detailing your capability to manage your proposed project. The statement should describe the specific tools and knowledge acquired in this and prior finance classes and how you would apply this knowledge to evaluate the project and, assuming acceptance of the project, to make ongoing financial decisions. As such, the statement should not be about why the project will succeed, rather, the capabilities that you possess to ensure its success. (In the letter, explain to the CFO that I’m excellent in Team Role: Hedging strategies and a determination of the cost of capital needed for the project. And give him reasons) See the evaluation rubric attached to the end of the syllabus for grading criteria.

The assignment should be written as a letter to CFO of Nike, starting with:

Don Blair Nike, Inc.

1 Bowerman Dr,

Beaverton, OR 97005

[Date]

Dear Mr. Blair,

and ends with:

Very Respectfully,

[Name]
===============================

No sources/references needed.

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RFI Report

For main body:
1. the comparison of three crowdfunding platforms: barnraiser,indiegogo, kickstarter. Sub compare them in food business.
2. Description of 5 projects, comparison,data analysis,building charts.
3. Trend, political issue for crowdfunding in food business.

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