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the accompanying data set that lists the actual class memberships and predicted Class 1 (target class) probabilities for 10 observations. Ppicture Click here for the Excel Data File a. Compute the misclassification rate, accuracy rate, sensitivity, precision, and specificity using the cutoff value of 0.5. (Round your final answers to 2 decimal places.) Misclassification rate Accuracy rate Sensitivity Precision Specificity b. Compute the misclassification rate, accuracy rate, sensitivity, precision, and specificity using the cutoff value of 0.25. (Round your final answers to 2 decimal places.) Misclassification rate Accuracy rate Sensitivity Precision Specificity your tinar answers to 2 decimal places.) Misclassification rate Accuracy rate Sensitivity Precision Specificity c. Compute the misclassification rate, accuracy rate, sensitivity, precision, and specificity using the cutoff value of 0.75. (Round your final answers to 2 decimal places.) Misclassification rate Accuracy rate Sensitivity Precision Specificity Observation A B C Actual Class Observation 1 1 2. 1 3 1 4 0 5 1 Class 1 Probability 0.07 0.19 0.75 0.39 0.12 0.65 0.84 0.8 0.24 0.22 6 0 7 1 8 9 O O 1 10 0
 
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The Midlands Field Produce Company contracts with potato farmers in Colorado, Minnesota, North Dakota, and Wisconsin for monthly potato shipments. The company picks up the potatoes at the farms and ships by truck to its sorting and distribution centers in Ohio, Missouri, and Iowa. At these centers the potatoes are cleaned, rejected and discarded, and the potatoes are sorted according to size and quality. They are then shipped to combination plants and distribution centers in Virginia, Pennsylvania, Georgia, and Texas, where the company produces a variety of potato products and distributes bags of potatoes to stores. Following are summaries of the shipping costs from the farms to the distribution centers and the processing and shipping costs from the distribution centers to the plants, as well as the available monthly supply at each farm, the processing capacity at the distribution centers, and the final demand at the plants (in bushels): Farm Distribution Center ($/bushel) Supply 5. Ohio 6. Missouri 7. Iowa (bushel) 1. Colorado 1.20 1.09 1.26 1600 2. Minnesota 0.89 1.32 1.17 1100 3. North Dakota 0.78 1.22 1.36 1400 4. Wisconsin 1.19 1.25 1.42 1900 Processing Capacity (bushels) 1800 2200 1600 Distribution Center Plant ($/bushel) 8. Virginia 9. Pennsylvania 10. Georgia 11. Texas 5. Ohio 4.56 3.98 4.94 5.10 6. Missouri 3.43 5.74 4.65 5.01 7. Iowa 5.39 6.35 5.70 4.87 Demand (bushels) 1200 900 1100 1500

Formulate this problem as an Integer model

Define decision variables

Define objective function

 
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LEE company is doing the budget for month November 2021.The following data are provided. The company manufactures tables for schools: Sales in units 750 Budgeted manufacturing overhead $45000 Budgeted activity [machine hours] 6800 hours Desired Ending Inventory 180 units Beginning Inventory (production) 140 units Hourly Rate for Direct Labour $12.20 Direct hours used in production 700 ; Machine hours for actual production 800 For each television produced, they need 5 square feet of wood and metal that cost $24.50 per square foot. The company started the month with 105 tables in stock and it has decided to keep 200 Tables as ending inventory The company uses 4 hours of direct labour to make one Tables. The company uses machine hours as the cost driver to allocate manufacturing overhead At the end of production it charges 38% margin over the unit cost REQUIRED 1. Make a production budget in units 2. What are the reasons of making budgets ? 3. Prepare a budget for the raw materials needed 4. Prepare a direct labour budget for the month 5. Allocate cost to manufacturing overhead using machine hours as the activity (company uses Plant wide Predetermined Rate ] 6. What is the budgeted total product cost? Calculate the unit cost. 7. Using the margin provided, make a sales budget for the month
 
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Analyse and answer the questions below on Corporate Governance for the company named ENRON.

  1. Assess the level of board independence. Outline if the level of independence is acceptable or not, providing reasons for your assessment.
  2. Assess the membership of the Audit subcommittee. Based on the table you constructed, would you regard the Audit subcommittee as reliable? Provide reasons for your assessment.
  3. Assess the membership of the Nominating subcommittee. Based on the table you constructed, would you regard the Nominating subcommittee as reliable? Provide reasons for your assessment.
  4. Assess the membership of the Executive subcommittee. Based on the table you constructed, would you regard the Executive subcommittee as reliable? Provide reasons for your assessment.
  5. Assess the membership of the Compensation subcommittee. Based on the table you constructed, would you regard the Compensation subcommittee as reliable? Provide reasons for your assessment.
  6. Assess the membership of the Finance subcommittee. Based on the table you constructed, would you regard the Finance subcommittee as reliable? Provide reasons for your assessment.
  7. Does any board member sit on an excessive number of boards? Why do you think that?
  8. Based on the analysis you conducted, assess the structure of the Enron board. Is it structurally sound?
  9. What are some other key features you could look at to determine the independence/effectiveness of the Board?

Consider the following:

1. External/internal directors and director independence

2. Number of board memberships (usually limit to 3 – 5 members)

3. Experience: amount of related industry experience

4. Meeting attendance

5. Committees and committee membership

 
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