...Polytechnic of Namibia School of Human Sciences Department of Education and Languages Peter Gallert Private Bag 13388, 13 Storch Street, Windhoek, Namibia Tel: +264-(0)61-207-2268 Fax: +264-(0)61-207-2051 Course Outline: ICT521S: Information Competence Statement about Academic Honesty and Integrity All staff and students of the Polytechnic of Namibia, upon signing their employment contracts and registration forms, commit themselves to abide by the policies and rules of the institution. The core activity of the Polytechnic is learning and in this respect academic honesty and integrity is very important to ensure that learning is valid, reliable and credible. The Polytechnic therefore does not condone any form of academic dishonesty, including plagiarism and cheating on tests and assessments, amongst other such practices. The Polytechnic requires students to always do their own assignments and to produce their own academic work, unless given a group assignment. Academic dishonesty includes, but is not limited to: • Using the ideas, words, works or inventions of someone else as if it is your own work. • Using the direct words of someone else without quotation marks, even if it is referenced. • Copying from writings (books, articles, webpages, other students’ assignments, etc.), published or unpublished, without referencing. • Syndication of a piece of work, all or part of an assignment, by a group of students, unless the assignment was a legitimate group...
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...File C5-207 July 2007 www.extension.iastate.edu/agdm Elasticity of Demand E lasticity of demand is an important variation on the concept of demand. Demand can be classified as elastic, inelastic or unitary. An elastic demand is one in which the change in quantity demanded due to a change in price is large. An inelastic demand is one in which the change in quantity demanded due to a change in price is small. The formula for computing elasticity of demand is: (Q1 – Q2) / (Q1 + Q2) (P1 – P2) / (P1 + P2) If the formula creates a number greater than 1, the demand is elastic. In other words, quantity changes faster than price. If the number is less than 1, demand is inelastic. In other words, quantity changes slower than price. If the number is equal to 1, elasticity of demand is unitary. In other words, quantity changes at the same rate as price. Close substitutes for a product affect the elasticity of demand. It another product can easily be substituted for your product, consumers will quickly switch to the other product if the price of your product rises or the price of the other product declines. For example, beef, pork and poultry are all meat products. The declining price of poultry in recent years has caused the consumption of poultry to increase, at the expense of beef and pork. So products with close substitutes tend to have elastic demand. Figure 1. Elastic demand Elastic Demand Elasticity of demand is illustrated in Figure 1. Note that a change in price...
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...Aggregate Demand and Aggregate Supply Topic Question numbers 1. Aggregate demand 1-22 2. Long-run aggregate supply 23-27 3. Aggregate supply (short run) 28-63 4. Equilibrium; changes in equilibrium 64-125 5. Downward price and wage inflexibility 126-134 Consider This 135-136 Last Word 137-138 True-False 139-155 Appendix 6. AD in relation to the AE model 156-166 Multiple Choice Questions Aggregate demand Type: D Topic: 1 E: 193 MA: 193 1. The aggregate demand curve: A) is upsloping because a higher price level is necessary to make production profitable as production costs rise. B) is downsloping because production costs decline as real output increases. C) shows the amount of expenditures required to induce the production of each possible level of real output. D) shows the amount of real output that will be purchased at each possible price level. Answer: D Type: A Topic: 1 E: 194 MA: 194 2. The aggregate demand curve is: A) vertical if full employment exists. B) horizontal when there is considerable unemployment in the economy. C) downsloping because of the interest-rate, real-balances, and foreign purchases effects. D) downsloping because production costs decrease as real output rises. Answer: C Type: A Topic: 1 E: 194 MA: 194 3. The interest-rate effect suggests that: A) a decrease in the supply of money will increase interest rates and reduce interest-sensitive consumption and investment spending...
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...File C5-207 July 2007 www.extension.iastate.edu/agdm Elasticity of Demand E lasticity of demand is an important variation on the concept of demand. Demand can be classified as elastic, inelastic or unitary. An elastic demand is one in which the change in quantity demanded due to a change in price is large. An inelastic demand is one in which the change in quantity demanded due to a change in price is small. The formula for computing elasticity of demand is: (Q1 – Q2) / (Q1 + Q2) (P1 – P2) / (P1 + P2) If the formula creates a number greater than 1, the demand is elastic. In other words, quantity changes faster than price. If the number is less than 1, demand is inelastic. In other words, quantity changes slower than price. If the number is equal to 1, elasticity of demand is unitary. In other words, quantity changes at the same rate as price. Close substitutes for a product affect the elasticity of demand. It another product can easily be substituted for your product, consumers will quickly switch to the other product if the price of your product rises or the price of the other product declines. For example, beef, pork and poultry are all meat products. The declining price of poultry in recent years has caused the consumption of poultry to increase, at the expense of beef and pork. So products with close substitutes tend to have elastic demand. Figure 1. Elastic demand Elastic Demand Elasticity of demand is illustrated in Figure 1. Note that a change in price...
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...A) increase contributed capital accounts. B) decrease asset accounts. C) increase liability accounts. D) All of the above. 3. On January 1, 20X1 the Green Acre Company purchased an tractor that cost $25,000; had a five year useful life; and a $5,000 salvage value. Which of the following is the correct general journal entry to record depreciation expense for the 20X2 fiscal year? A) Depreciation Exp. 4,000 Acc. Depreciation 4,000 B) Acc. Depreciation 4,000 Depreciation Exp. 4,000 C) Depreciation Exp. 8,000 Acc. Depreciation 8,000 D) Acc. Depreciation 8,000 Depreciation Exp. 8,000 4. On November 1, 20X2, Jackson Company paid $2,400 in advance for an insurance policy that covered the company for six months. Assuming that Howard recorded this purchase as an asset, the adjusting entry required on December 31, 20X2 would include: A) a debit to prepaid insurance for $2,400. B) a credit to prepaid insurance for $800. C) a credit to insurance expense for $800. D) a credit to insurance expense for $1,600 5. Sullivan Company issued a $10,000 face value note to the First Bank on...
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...deletion of long-term debt proceeds and amounts spent to repay long-term debts and the addition of any gain or loss on the retirement of debt and the amortization of any debt premium or discount. 3. The key criterion is financial accountability the primary government either appoints a voting majority of the units governing body or a majority of the units governing body is composed of primary government officials and the primary government is able to impose its will upon the potential component unit or there is the potential for the organization to provide specific financial benefits to, or impose specific financial burdens on, the primary government. 4. Discrete presentation is when one or more component units are reported in separate columns, in addition to those pertaining to the primary government. Blending is when the component units transactions and balances are reported as if they were part of the primary government that is, the component units funds are accounted for just as they were funds of the primary government. Blending is required when the primary government and the component units are controlled by governing boards having the same members or the component unit provides services solely to the primary government. If those conditions are not satisfied then discrete presentation is required. 5. Discrete presentation, as it must be applied in government-wide statements, allows for the aggregation of any number of...
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...FULL-YEAR REPORT 2010 H & M HENNES & MAURITZ AB FULL-YEAR REPORT 1 December 2009 – 30 November 2010 FULL-YEAR The H&M Group’s sales excluding VAT increased by 15 percent in local currencies. Converted into SEK, the increase was 7 percent and sales amounted to SEK 108,483 m (101,393). Strong sales increase of 5 percent in comparable units in local currencies. Gross profit amounted to SEK 68,269 m (62,474), corresponding to a gross margin of 62.9 percent (61.6). Profit after financial items amounted to SEK 25,008 m (22,103), an increase of 13 percent. Group profit after tax was SEK 18,681 m (16,384), corresponding to SEK 11.29 (9.90) per share. THE FOURTH QUARTER The H&M Group’s sales excluding VAT increased by 15 percent in local currencies. Converted into SEK, the increase was 6 percent and sales amounted to SEK 29,711 m (28,011). Sales in comparable units increased by 7 percent in local currencies. Gross profit amounted to SEK 18,792 m (18,581), corresponding to a gross margin of 63.2 percent (66.3). Profit after financial items amounted to SEK 7,178 m (7,992), a decrease of 10 percent. Adjusted for currency translation effects, profit after financial items would have been in line with the previous year. Group profit after tax amounted to SEK 5,487 m (6,154), corresponding to SEK 3.32 (3.72) per share. Very good start for H&M in Turkey. -----------------------------------------------------------------------------------------------------------------------------------------The...
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...#7 Lesson 7: Unit Rate as the Constant of Proportionality DO NOW: Example 1: National Forest Deer Population in Danger? Wildlife conservationists are concerned that the deer population might not be constant across the National Forest. The scientists found that there were 144 deer in a 16 square mile area of the forest. In another part of the forest, conservationists counted 117 deer in a 13 square mile area. Yet a third conservationist counted 216 deer in a 24 square mile plot of the forest. Do conservationists need to be worried? a. Why does it matter if the deer population is not constant in a certain area of the national forest? b. What is the population density of deer per square mile? Table: | | | | | | | | | | | | | | | | The Unit Rate of deer per 1 square mile is _______. The Constant of Proportionality: Meaning of Constant of Proportionality in this problem: c. Use the unit rate of deer per square mile to determine how many deer are there for every 207 square miles. d. Use the unit rate to determine...
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...Todd Schueler Week 2 Assignment 1: Wilkerson Company Case Analysis Questions 3, 4, and 6 Saturday, April 05, 2014 3.) The estimated product costs for valves, pumps, and flow controllers using ABC for overhead activities (primarily Ex. 1 & 4) and direct cost data from the Exhibits are: * The Valves total product variable costs are $195,000, the Valves total fixed costs are $149,990.31 and the Activity Based Costing Valve cost per unit it $46. * The Pumps total product variable costs are $406,250, the Pumps total fixed costs are $316,501.94 and the Activity Based Costing Pumps cost per unit it $58. * The Flow Controllers total product variable costs are $128,000, the Flow Controllers total fixed costs are $339,507.75 and the Activity Based Costing Flow Controllers cost per unit it $116. 4.) In comparing ABC costs to the standard unit costs, both the methods and the product characteristics (Ex. 2), the causes of such different results are: ABC costs are Manufacturing Overhead: Machine-related expenses, Set Labor, Receiving and production control, Engineering, Packaging and shipping. Standard unit costs are Variable Costs: Direct Labor and Direct Materials. The physical numbers are different Total Cost for Valves in SUC is $56 and $46 in ABC a change of -18%, Total Cost for Pumps $70 and $58 in ABC a change of -17%, Total Cost for Flow Controllers $62 and $116 in ABC a change of 89%. “Traditional allocation systems pool costs by departments, then...
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...solution for every site. The automatic, semi-automatic and fixed versions are all engineered to meet international antiramming standards of K8. The B3000 series offers the highest standard of anti-ramming and security protection. Taking as little as 1.5 seconds to reach the fully raised position, these bollards can be used in the most demanding locations where high-volume traffic flows must be managed. With a patent-pending mechanism for releasing the internal piston, the bollards can be maintained without disassembly and if necessary, the entire unit can be removed without the need for digging out the foundations. TECHNICAL SPECIFICATIONS OF AUTOMATIC PNEUMATIC BOLLARDS ( K8 EQUIVALENT) SR. NO. DESCRIPTION SPECIFICATIONS 1 2 3 4 5 6 Model Type Rating Company Certifications Mechanism Speed Height B3200 K 8 (Stops 6.8 ton vehicle coming at 60 km/hr speed) ISO 9001-2008 (Gates & Barrier Solutions) Pneumatic 2 -3 Secs. 700 mm 207,PresidentPlaza,S.G.Highway,Thaltej,Ahmedabad380054(T)+917940098236(F)+917940098162.www.bgiengitech.com BGI ENGITECH PVT LTD Affordable and Impregnable Security from Israel 7 8 9 10 11 12 13 14 Diameter Thickness Power Supply In case of Power Failure Water proof and protection Finishing Treatment Operating Temperature Operating Cycles per day 225 mm 12 mm 5-6 ATM air pressure 110-240V AC (Compressor) Manual Operation available with 05 cycle up and down movements Compliant to IP 67 Standards Zinc coating (inside out), stainless steel cover...
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... | |Bracket #358 (exp. smoothing with ( = 0.2): | |Week # |Demand |Forecast | |Week # |Demand |Forecast | | | | | | | | | |1 | |- | |1 |12 |12.00 | |2 |3 |- | |2 | |12.00 | |3 |4 |- | |3 |10 |12.40 | |4 |5 |5...
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...AUTOMOBILES. *There are basically 2 types of engines. 2 stroke- has a cycle of 2 processes suction and exhaust 4 stroke- has a cycle of 4 processes namely (suction, expansion, compression, exhaust) *The various types of engines used in cars are In line engine configuration (mostly all the cars of maruti,Hyundai tata etc in india have this ) V6, V8, V10,V12 and W12 Automobile scenario in india 5 main leadings companies Maruti Suzuki Hyundai Tata mototrs Mahindra Hero Honda India has the 9th largest automobile industry 2nd largest 2 wheeler market 4th largest in heavy trucks Monthly sales of passenger cars in almost 100,000 units TATA MOTORS Slogan of tata motors “more car per car” Popular vehicles; indica, indigo, indigo manza, indicab (nano the latest invention), sumo(gold/victa) , Safari Tata motors lost its share mainly to VW and ord during 2010- 11 Various configs of the engines CRDI- common rail diesel injection DICOR- diesel on common rail system Quadrajet VVT- variable valve timing(petrol engines ) CVT- constant variable transmission All the engines of tata cars for diesel variant are manufactured by “FIAT” Market share of TATA motors is almost 31% with the major ruler being “Maruti” followed by Hyundai. Common engine parts in cars Radiator- used to cool the engine when overheated Turbo charger- used in almost all diesel variant cars to boost the pickup of the car, by increasing the torque Crankshaft- connected to the flywheel of the...
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...and the direct labour costs were budgeted at $567,000. At the end of 20x6, there were two jobs in work in process: Direct material cost Direct labour cost Job A605 $20,000 12,000 Job A608 $36,000 38,000 Actual manufacturing overhead for the year amounted to $350,000 and total direct labour charges for the year amounted to $550,000. The year-end finished good inventory balance was $175,000 and included direct labour costs of $48,000. Cost of goods sold for the year amounted to $1,750,000. Required 1. 2. 3. Prepare a schedule showing the detailed cost of the ending work-in-process, and finished goods inventory. Compute the over/under –applied overhead for the year. Allocate the balance in the manufacturing overhead account using each of the 4 approaches discussed in class. CMA Accelerated Program 2011 © CMA Ontario, 2011 Week 15 Distance Student File 2 of 35 Problem 6 – Process Costing Deterra, Inc., uses three departments to produce a detergent. The Finishing Department is the third and last step before the product is transferred to storage. All materials needed to give the detergent its final composition are added at the beginning of the process in the Finishing Department. The company uses FIFO costing. The following data for the Finishing Department for October have been made available: Production data: In process, October 1 (labor and factory overhead, 75% complete) Transferred in from preceding department Finished and transferred to storage In process, October...
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...Sustainable Development: Climate Change, and Corporate Social Responsibility: An Emerging Role for ISO Standards Dan Gagnier ISO/TC 207 Chair Stockholm 2002 Presentation Outline • Introduction – A couple of Words about the Earth Conference – ISO/TC 207 ----a Pioneer TC • Climate Change – The extent of the problem – The policy and business response – Where do ISO Standards fit? • CSR • Conclusions General Implications Embedded in Action Plan • Reduction of species loss will have greater impact on a company that has a greater percentage of its reserves in environmentally fragile areas. • Reducing poverty ie. a company with a large presence in the developing world has to consider how its work on sustainability issues can contribute directly to poverty alleviation in its operating areas. • Global companies should take as much action as they can within their sphere of operations to address global climate change, as well as seeking out more pragmatic, long-term alternatives to Kyoto. • Productive new/focused partnerships a key theme of the summit, driven by a recognition that no one can solve macro sustainability problems alone. Sorting out partnerships and getting them right will become more urgent. Major Trends & Ten Year Agenda • Trend for an increasing cultural presence of major NGOs; civil society voices will be louder than ever. This is supported by data showing that public trust continues to move to NGOs as the most trustworthy institutions • Accountability...
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.......................... 3 2. Market Statistics ............................................................................ 4 3. Competition ................................................................................... 6 4. Market Trends ............................................................................... 7 5. Driving Forces ............................................................................... 8 6. Infogrames/Atari .......................................................................... 9 6.1 Overview ....................................................................................9 6.2 Position & Prospects .....................................................................9 RocSearch Copyright © 2004-05 2 1. Market Size The worldwide market for video games, computer games and interactive entertainment hardware and software would grow from $20.7 billion in 2002 to $30 billion in 2007. Total U.S. retail sales of video game hardware, software and accessories grew 10 percent in 2002 over 2001. The video game industry generated $10.3 billion in record-breaking sales, surpassing the previous record high of $9.4 billion in 2001. The category of video game software, consisting of both console and portable software, experienced sales gains of 21 percent in dollar volume and sold 15 percent more units in 2002 than in 2001. The healthy increase in sales was driven by the success of key franchises such as: Grand Theft Auto: Vice...
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