Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Each year, the Schriber Corporation must determine how much to contribute to the company's pension plan. The company uses a ten-year planning horizon to determine the contribution which, if made annually in each of the next ten years, would allow for only a 10% chance of the fund running short of money. The company then makes that contribution in the current year and repeats this process in each subsequent year to determine the specific amount to contribute each year. (Last year, the company contributed $23 million to the plan.) The pension plan covers two types of employees: hourly and salaried. In the current year, there will be 6,000 former hourly employees and 3,000 former salaried employees receiving benefits from the plan. The change in the number of retired hourly employees from one year to the next is expected to vary according to a normal distribution with a mean of 4% and standard deviation of 1%. The change in the number of retired salaried employees from one year to the next is expected to vary between 1% and 4% according to a truncated normal distribution with a mean of 2% and standard deviation of 1%. Currently, hourly retirees receive an average benefit of $15,000 per year, whereas salaried retirees receive an average annual benefit of $40,000. Both of these averages are expected to increase annually with the rate of inflation, which is assumed to vary between 2% and 7% according to a triangular distribution with a most likely value of 3.5%. The current balance in the company's pension fund is $1.5 billion. Investments in this fund earn an annual return that is assumed to be normally distributed with a mean of 12% and standard deviation of 2%. How much should the company contribute to the pension fund in the current year?
Determine how much information a firm is obliged to tell a potential strategic alliance partner about what it expects to learn from the cooperative arrangemen
Groups mature over time, increasing their effectiveness and productivity. How would you describe the stages of group development, and what do you feel is the responsibility of a project team leader in fostering group development
Amanda and Chris McDermott own a small business, Plastic Dollars, which produces and maintains stored value cards for retailers. Most of the cards they sell are gift cards, such as those available in various restaurants and stores.
Briefly explain the cultural behaviour, with relevant examples. Illustrate what are the implications of cultural factors for marketing strategy.
Evaluate the challenges that for-profit public companies face from recurrent scandals, political attacks and alternative corporate structures such as the B-corp
Classify characteristics that seem to be unique to Caterpillar and make their system successful. Explain how these unique characteristics contribute to success of Caterpillar.
Illustrate what kind of challenges did the IRS encounter when implementing its CDW. Illustrate what management, organization also technology issues had to be addressed.
Tobin is an independent contractor for Wagoneer, Inc. While driving to a meeting at Wagoneer's headquarters, Tobin is texting his supervisor at Wagoneer. As a result of his inattentive driving
What is the current capacity of the entire process and If you could increase the capacity of only two operations through process improvement efforts, which two operations would you select
Pepsi uses six-sigma technique to evaluate whether its 15 oz Gatorade has consistent weight. Pepsi took a sampling of 1000 15 oz Gatorade and found out that the average weight was 15.12 oz with a standard deviation of 0.3 oz. Pepsi considers a to..
What is the probability of having 3 or more units in the system? What is wrong with Johnny Three Toes strategy?
The Electrotech Corporation manufactures two industrial-sized electrical devices: generators also alternators. Both of these products need wiring also testing during the assembly process. Conclude the optimal solution to this problem utilizing leve..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd