...------------------------------------------------- ------------------------------------------------- D1: Evaluate the teams overall effectiveness in meeting its objectives, making recommendations for improvements Introduction: This section of the assignment will evaluate the overall effectiveness in meeting objectives and making recommendation for improvements. Functioning as an effective team does not occur instantly; rather it requires joint effort, inspired members and active leaders. A successful team would often consist of a range of members, who when put together, would apply their skills and attributes appropriately thus leading the team to succeed in achieving their goal. The following factors below demonstrate the overall effectiveness of our team. Planning: The process of planning during the project was carried out effectively- the clear instructions received at the start enabled the team to have a good idea of the task therefore allowing members to contribute appropriately. As the team leader I had taken an organised and structured approach through dictating what steps the team would take alongside the time limit in which this should be achieved. Through planning, the team was able to systematize what needs to be done and the time frame that is available. The decision of the team’s roles was a key component of the planning process; planning out the responsibility of each member was effective since it assisted in fulfilling all aspects of the task in an organized...
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...travel cost. If transaction cost were zero, demand would be D1 which intersect the SS curve at $19 and 31 units. With transaction cost of $18 per unit, the net demand facing sellers is D2, which is $18 below D1. The market clears at $19 units and sellers receive $13 for each unit. Now also assume that, an outsider tells buyers that for $8 per unit she will go to the market for them and eliminate their former $18 transaction costs. Sellers now perceive demand curve D3, $8 below D1 and $10 above D2. Sellers get $16.33 for each of the 25.67 units transacted. Both sides of the market benefit from lower transaction cost. Now the problem: Demand with zero transaction costs is Q1d = 50 - P and Supply is Qs = -7 + 2P. a) Verify all of the prices and quantities calculated in the above assumption/discussion. b) Now assume that intermediaries come from a competitive market with an equilibrium price of $8 per unit for their services, that is any buyer or seller who wants an intermediary's services must pay $8 for them What is the maximum per unit that sellers are willing to pay intermediaries if hiring them saves buyers $8 in transaction costs? c) Does your answer to Q16a change if buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers? First equilibrium occurs at p*=$19, and q*=31 units. Second equilibrium occurs at p*=$13+$18=$31, and q*=19 units. Third equilibrium occurs at P*=$16.22+$8=$24.22, and...
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...PROGRAMA DINAMIS Pendahuluan Dalam Kehidupan nyata sering dijumpai masalah pengambilan keputusan yang meliputi beberapa periode waktu. Program Dinamis adalah teknik untuk pengambilan keputusan yang digunakan untuk pengambilan keputusan yang terdiri dari beberapa tahapan. Permasalalahan yang akan diselesaikan diuraikan menjadi sub persoalan yang saling berhubungan. Tujuan Program Dinamis adalah mengoptimalkan urutan keputusan. Program Dinamis diterapkan pada persoalan bisnis dan industri, a.l. masalah penjadualan produksi, pengendalian persediaan, analisa jaringan, dan lain sebagainya. Contohnya seorang produsen menjadualkan tingkat produksi tahunannya ke dalam mingguan, bulanan atau triwulanan agar dapat memenuhi permintaan tahunan. Jika dia memproduksi lebih dari permintaan, dia harus mengeluarkan biaya persediaan, karena menyimpan kelebihan produksi. Sebaliknya jika produksi dibawah jumlah permintaan, dia akan mengalami kerugian dalam kesempatan membuat untung dan juga kehilangan kepercayaan pembeli. Dia mungkin juga harus membayar penalti karena tidak dapat memenuhi kontrak. Pimpinan produksi harus membuat urutan keputusan untuk setiap periode, yang akan berdampak pada keputusan berikutnya. Masalah optimasi pada kasus ini adalah meminimalkan keseluruhan biaya produksi dan persediaan (dua penalti, jika ada) yang memenuhi kebutuhan permintaan. Teknik pemecahan pada programa dinamis ini beragam, tergantung pada sifat dan struktur dari masalah yang diselesaikan. Hal ini...
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...Unit 19: Applied Sociological Perspectives for Health and Social Care ------------------------------------------------- Points to cover for P1, P2, M1, D1 P1 - An explanation of the concept of an unequal society, using sociological terms and concepts. * Stereotyping, prejudice, discrimination, marginalisation, labelling, social exclusion ------------------------------------------------- Ensure you give clear definitions of the inter-related terms first and explain using appropriate examples to illustrate their meaning. P2 - A description of a range of social inequalities in society. Focus on groups relating to: * Social class, Age, Gender, Ethnicity, Disability Sexuality First ensure you briefly describe these factors ------------------------------------------------- Second describe how people can experience inequalities within these groups by using examples to illustrate the differences in opportunities, quality of life and/or levels of health and well-being. M1 - A discussion of the impact of those social inequalities on the different groups in society. Ensure your discussion develops ideas introduced in P1 & P2 and clearly illustrates the impact of these. ------------------------------------------------- Ideas introduced in P1 and P2- to discuss Stereotyping, prejudice, discrimination, marginalisation, labelling and social exclusion and discuss how social inequalities within these factors can affect the health and wellbeing of different social...
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... | |Assessor’s Name: | | |Assessor’s Signature: | |Date: | | |Date Issued: |3rd February 2014 |Submission Date: |17th March 2014 | |Feedback Date: |In class 17th March 2014 | Final Submission date |12th May 2014 | List of criteria for this Assignment |Unit 9...
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...BTEC NATIONAL CERTIFICATE IN HEALTH AND SOCIAL CARE UNIT 4 DEVELOPMENT THROUGH THE LIFE STAGES Unit abstract Knowledge of human growth and development through the life stages is important for learners who are considering careers in the health or social care sectors because it will assist understanding of the needs of individuals at different stages of life, including their potential care needs. It will also help you understand the influence of unexpected events on patients/service users and their families. This unit enables you to gain understanding of different life stages and how people grow and develop. It requires you to reflect on the importance of a variety of factors and major life events on the development of individuals, and to consider the nature-nurture debate. The unit also allows you to gain an insight into the ageing process and to understand both positive and negative perspectives on ageing. Learning Outcomes On completion of this unit you should: 1. Understand human growth and development through the life stages 2. Understand how life factors and events may influence the development of the individual 3. Understand physical changes and psychological perspectives in relation to ageing HOW THIS UNIT WILL BE ASSESSED To reach Pass level, the evidence must show that the learner is able to: P1 describe physical, intellectual, emotional and social development through the life stages P2 describe the...
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...2014 ------------------------------------------------- Assignment Details: 1 Assignment Title: Leadership Styles ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Assessment Dates: Set: W/C 22nd September 2014 Due: W/C 20th October 2014 ------------------------------------------------- Unit Details: Qualification: BTEC Level 3 Extended Diploma in Uniformed Public Services QCF Number: 2 Title: Leadership and Teamwork in the Public Services Tutor/Assessor: Internal Verifier: ------------------------------------------------- Unit Details: Qualification: BTEC Level 3 Extended Diploma in Uniformed Public Services QCF Number: 2 Title: Leadership and Teamwork in the Public Services Tutor/Assessor: Internal Verifier: Submission Status: First Submission ☒ Resubmission* ☐ Submission Status: First Submission ☒ Resubmission* ☐ Pass | Merit | Distinction | P1 | P2 | | | | | | | M1 | | | D1 | | | | | | | | | | | | | | | | | Plagiarism and Academic Integrity Plagiarism: This is when you submit an assignment as your own original work when the work has been copied, without appropriate acknowledgment of the author or source. Collusion: This is when your assignment is the result of unauthorised collaboration with...
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...Weekly Study Plan for AFE134: Business Statistics SP1 2015 | | |Week | | | |Weeks 1-2 |Introduction to Statistics|Business Statistics (BS) (Selvanathan |Module lecture recordings & lecture |Learning Statistics and Excel in |Introduce yourself to | | | |and Data Collection |et al): Chapter 1, Chapter 2 |workbook (A1, A2, A3, A4) |Tandem (LSET), Chapter 1: |the class | | |2 Mar – 15 Mar | | | |Introduction to Microsoft EXCEL & | | | | | |Video recordings: |Set up your...
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...Assignment Front Sheet Qualification | Unit Number and Title | Pearson BTEC Level 5 HND Diploma Business/Pearson BTEC Level 5 HND Diploma in HospitalityManagement | Unit 33: Small Business Enterprise | Student Name | Student No. | | | Assessor name | Dr Francis Offeh | Date of Issue | Completion date | Submitted on | 27/01/2014 | 07/03/2014 | | Assignment title Cambridge Satchel Company LearningOutcome | Learning outcome | Assessment criteria | In this assessment you will have the opportunity topresent evidence that shows you are able to | TaskNo. | Evidence(Page no) | LO1 | Be able toinvestigate the performance of a selected small business enterprise | 1.1 | Produce a profile of aselected small business identifyingits strengths and weaknesses | 1 | | | | 1.2 | Carry out an analysis of the business using comparativemeasures of performance | 1 | | LO2 | Be able to proposechangesto improve managementand businessperformance | 2.1 | recommend with justification, appropriate actions toovercome the identified weaknesses in the business | 2 | | | | 2.2 | analyse ways in which existing performance couldbemaintained and strengthened | 2 | | | | 2.3 | recommend with justification,new areas in which the business could be expanded | 2 | | LO3 | Be able to revise | 3.1 | produce an assessment of existing business objectives | 3 | | | businessobjectives and plans to incorporate proposed changes | | and plans | | | ...
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...Assignment: Learner information OCR Level 3 Health and Social Care Unit 4: Development through the life stages Assessor: Important Dates | |Assessment Criteria |Issue Date |Formative Assessment |Summative Assessment | |Task 1 |P1, M1 |17th December 2012 |10th January 2013 |17th January 2013 | |Task 2 |P2, P3, M2, D1 |7th January 2013 |17th January 2013 |28th January 2013 | |Task 3 |P4, P5, M3,D2 |14th January 2013 |28th January 2013 |4th February 2013 | CANDIDATE NAME: General Information for Learners Q Do I have to pass this assignment? A Yes. You must pass this assignment to achieve the full qualification. Q What help will I get? A Your tutor will help you when completing the OCR assignment and will make sure that you know what resources/facilities you need and are allowed to use. Q What if I don’t understand something? A It is your responsibility to read the assignment carefully and make sure you understand what you need to do and what you should hand in. If you are not sure, check with your tutor. Q Can I copy other people’s work? A No. The work that you produce...
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...market? 2 Demand Curve Answers the Question: What Quantity Will be Demanded at Different Possible Market Prices? Movements along a given demand curve tell us how quan4ty demanded changes with respect to changes in the good’s price P0 Price ($ per unit) P0 Shi7s in the demand curve tell us how quan4ty demanded changes with respect to changes in demand drivers other than the good’s price (e.g, income) P1 D X0 X1 Quan?ty (units per period) X0 X2 D0 D1 Measure of sensi4vity: price elas:city of demand % QD = % P QD /QD dQD P = ⇥ D P/P dP Q % QD = % Y Measure of sensi4vity: other elas:ci:es of demand, e.g., income elas:city of demand Quan?ty (units per period) QD /QD dQD Y = ⇥ D Y /Y dY Q 3 Is Price Elasticity Constant along a Linear Demand Curve? El as ?o or P ?c n E= 1 P0 Price ($ per unit) In a el P1 s? ?o or c P n D X0 X1 Quan?ty (units per period) D % QD = % P QD /QD dQ P = ⇥ D...
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...14 Option Sensitivities and Option Hedging Answers to Questions and Problems 1. Consider Call A, with: X $70; r 0.06; T t 90 days; DELTA, GAMMA, THETA, VEGA, and RHO for this call. c DELTA GAMMA THETA VEGA RHO $1.82 .2735 .0279 8.9173 9.9144 3.5985 0.4; and S $60. Compute the price, 0.4; and S $60. Compute the price, 2. Consider Put A, with: X $70; r 0.06; T t 90 days; DELTA, GAMMA, THETA, VEGA, and RHO for this put. p DELTA GAMMA THETA VEGA RHO $10.79 .7265 .0279 4.7790 9.9144 13.4083 3. Consider a straddle comprised of Call A and Put A. Compute the price, DELTA, GAMMA, THETA, VEGA, and RHO for this straddle. price DELTA GAMMA THETA VEGA RHO c p $12.61 0.2735 0.7265 0.4530 0.0279 0.0279 0.0558 8.9173 4.47790 13.6963 9.9144 9.9144 19.8288 3.5985 13.4083 9.8098 119 120 CHAPTER 14 OPTION SENSITIVITIES AND OPTION HEDGING 4. Consider Call A. Assuming the current stock price is $60, create a DELTA-neutral portfolio consisting of a short position of one call and the necessary number of shares. What is the value of this portfolio for a sudden change in the stock price to $55 or $65? As we saw for this call, DELTA 0.2735 shares 1 call, costs: 0.2735. The DELTA-neutral portfolio, given a short call component, is .2735 ($60) $1.82 $14.59 If the stock price goes to $55, the call price is $.77, and the portfolio will be worth: .2735 ($55) $.77 $14.27 With a stock price of $65, the call is worth $3.55, and the portfolio value is: .2735 ($65) $3.55 $14.23 ...
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...Demand Curve Answers the Question: What Quantity Will be Demanded at Different Possible Market Prices? Movements along a given demand curve tell us how quan4ty demanded changes with respect to changes in the good’s price Price ($ per unit) P0 Shi7s in the demand curve tell us how quan4ty demanded changes with respect to changes in demand drivers other than the good’s price (e.g, income) P0 P1 D0 D X0 X1 Quan?ty (units per period) Measure of sensi4vity: price elas:city of demand % QD = % P QD /QD dQD P = ⇥ D P/P dP Q X0 X2 D1 Quan?ty (units per period) Measure of sensi4vity: other elas:ci:es of demand, e.g., income elas:city of demand % QD = % Y QD /QD dQD Y = ⇥ D Y /Y dY Q 3 Is Price Elasticity Constant along a Linear Demand Curve? El as ?o or P ?c 1 n P0 a el In P1 s? ?o or c P n Price ($ per unit) E=...
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...Introduction to Management Science, 10e (Taylor) Chapter 9 Multicriteria Decision Making 1) The different objectives in a goal programming problem are referred to as goals. Answer: TRUE Diff: 1 Page Ref: 400 Main Heading: Goal Programming Key words: goal programming 2) All goal constraints are inequalities that include deviational variables. Answer: FALSE Diff: 1 Page Ref: 400 Main Heading: Goal Programming Key words: goal constraints 3) A negative deviational variable is the amount by which a goal level is exceeded. Answer: FALSE Diff: 2 Page Ref: 400 Main Heading: Goal Programming Key words: goal constraints, deviational variable 4) At least one or both deviational variables in a goal constraint must equal 0. Answer: TRUE Diff: 2 Page Ref: 401 Main Heading: Goal Programming Key words: deviational variable, goal constraints 5) The objective function in a goal programming model seeks to minimize the deviation from goals in the order of the goal priorities. Answer: TRUE Diff: 2 Page Ref: 401 Main Heading: Goal Programming Key words: goal prog problem formulation, objective function for goal prog 6) In goal programming, terms are summed in the objective function in order to make consistent decisions. Answer: FALSE Diff: 2 Page Ref: 402 Main Heading: Goal Programming Key words: goal prog problem formulation, objective function for goal prog 7) Goal constraints can include all deviational variables. Answer:...
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...Ag Econ 1041 Name _________KEY______________________ Exam 1, 140 points 11 a.m. Section September 25, 2008 True/False – one point each |T |1. |The most fundamental economic issue is scarcity. | |F |2. |Economics is the study of ways that people can earn more income. | |F |3. |Decisions are best when the decision maker focuses on average benefits and average costs. | |T |4. |Markets are where sellers and buyers interact in an effort to make themselves better off. | |F |5. |Supply is the quantity of a product produced within a specific time period. | |F |6. |Opportunity cost is what we pay for a good minus any coupons or rebates. | |F |7. |A comparative advantage is held by a producer who has the lowest monetary costs to produce a good. | |T |8. |The marginal benefit curve of consuming your favorite good eventually declines as consumption increases. | |T |9. |Increases in income tend to increase our consumption of many but not all goods. ...
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