EMSE 6020: Decision Making with Uncertainty HOMEWORK 4‚ SUMMER 2013 Instructor: Joost Santos DEADLINE: June 27‚ 2013 Problem 1: (2 pts) Two contractors (1 and 2) placed a bid on a road construction project. They were each asked to provide percentile estimates of the time (x‚ in years) it would take the road to undergo a major maintenance after its completion. We seek to maximize this time variable x‚ as larger values imply better structural integrity as well as cheaper projection of the net
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Safeguarding the welfare of children and young people Task 1 Identify the current legislation‚ guidelines‚ policies and procedures for safeguarding the welfare of children and young people‚ including e-safety All staff within a school environment are responsible for the welfare of children‚ and to ensure that they are kept safe from harm. It is the right of every child to have a safe and secure environment to learn in and to develop essential skills for adulthood. Safeguarding which replaced the
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FINAL PAPER ON POLICY CHANGE The problem of nepotism makes its’ way into an organization when upper management begin favoring family members or friends‚ disregarding whether or not they are qualified or suited for a job. Its’ impact goes far beyond what many may realize‚ affecting virtually every area within an organization. The impact is felt through the hiring practices‚ performance evaluations‚ promotions‚ assignments given‚ employee appraisals‚ and compensation. Nepotism has become
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isolationism expanded‚ it influenced President Roosevelt’s foreign policy toward neutrality to keep the United States out of future wars. However‚ when World War II erupted in war-mad Europe‚ many Americans insisted on the morality of U.S. neutrality and attempted to support their friend‚ Great Britain‚ in a nominal to protect the democracies of the world. Therefore‚ the isolationists’ charge of Franklin Roosevelt with deception in his policies are valid to some extent since the “neutral” acts were intended
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The dividend irrelevance theory is a concept that is based on the premise that the dividend policy of a given company should not be considered particularly important by investors. Further‚ the terms of that dividend policy should not have any bearing on the price of the shares of stock issued by that company. With this particular financial theory‚ the idea is that investors can always sell a portion of their shares if they want to generate some amount of cash flow. As with most investment theories
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Question No 5 As a production supervisor‚ Ali decides on Friday afternoon how many units of output his employees will be able to produce and on which days certain products will be run in his department. He also decides which of his employees are going to be responsible for operating which machines within the department next week‚ as his employees are multi-skilled assemblers. On Monday‚ he informs his employees of their assignments to specific machines by handing out assignment sheets. He tells
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Fiscal Policy Fiscal Policy is a macroeconomic (influencing the whole economy) policy that can influence resource allocation‚ redistribute income and reduce the fluctuations of the business cycle. Government’s policy What is the expected outcome for the 2012-13 Budget? Give a brief explanation. 1.5 billion dollar surplus; from deficit to surplus. They are using contraction Fiscal policy. What is the expected outcome for the 2012-13 Budget? Give a brief explanation. 1.5 billion dollar surplus;
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THE ROLE OF DIVIDEND POLICY IN STOCK PRICE DETERMINATION IN TELECOMMUNICATION INDUSTRY: THE CASE OF PLDT AND GLOBE FATIMA KAYE A. DE CHAVEZ‚ LORELLA A. ESPELETA and LESLIE JOY A. PATIO College of Business and Accountancy University of Batangas ABSTRACT The issue of how much a company should pay its stockholders‚ as dividend is one that has been of concern to managers for a long time. The optimal dividend policy of a firm may be defined as the best dividend payout ratio the firm can adopt
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but slightly differ in their accounts; Genesis 1 is a day by day account of all the things God created in not so much detail whereas Genesis 2 explains the creation story in a way that focuses more on the creation of man and woman than just the lands. Having two accounts of the creation story means that it is easier to come up with your own conclusion as to how the earth was created. The first line of Genesis 1 is “In the beginning God created the heavens and the earth” There is no explanation as
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INTER-GENERATIONAL ENERGY SECURITY POLICY BRIEF Purpose The purpose of this policy brief is to provide the ACT Office of the Commissioner for Sustainability and the Environment (OCSE) with suggestions on securing inter-generational equity for energy within the ACT. electricity (22%)‚ diesel (18%)‚ and petrol (16%). Solar energy accounted for below 1% of Australia’s net energy consumption (seen in Figure 1). Regarding electricity prices‚ (seen in Figure 2) Canberra has witnessed a 45% increase
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