Description
Calculate the following time value of money problems using Microsoft® Excel®:
- If we place $8,592.00 in a savings account paying 7.5 percent interest compounded annually, how much will our account accrue to in 9.5 years?
- What is the present value of $992 to be received in 13.5 years from today if our discount rate is 3.5 percent?
- If you bought a stock for $45 dollars and could sell it fifteen years later for three times what you originally paid. What was your return on owning this stock?
- Suppose you bought a house for $3,250,000 to make it a nursing home in the future. But you have not committed to the project and will decide in nine years whether to go forward with it or sell off the house. If real estate values increase annually at 1.5%, how much can you expect to sell the house for in nine years if you choose not to proceed with the nursing home project?
- If your daughter wants to earn $215,000 within the next twenty-three years and the salaries grow at 4.45% per year. What salary should she start to reach her goal?
All questions need to be answered in the attached excel sheet using formulas. Additional instructions on use of excel for this assignment are included in sheet one of the attachment.
Unformatted Attachment Preview
Instructions
1. You have five problems - one on each tab of this Excel file.
2. Please show your work in the cells. Use Excel formulas instead of writing the values/answers directly in the cell.
The instructor will then know where you made a mistake and provide you valuable feedback and partial credit (if
Total Points: 8
e feedback and partial credit (if appropriate).
If we place $8,592.00 in a savings account paying 7.5 percent interest compounded annually, how much will our acco
FV = PV × (1 + i)n
Present Value (PV)
Interest Rate (i)
Number of years (n)
8592
0.075
9.5
Answer-
Refer to the Solved Example 2 on Page 49 of your text.
how much will our account accrue to in 9.5 years?
What is the present value of $992 to be received in 13.5 years from today if our discount rate is 3.5 percent?
Future Value (FV)
Interest Rate (i)
Number of years (n)
992
0.035
13.5
Answer-
Refer to the Solved Example 5 on Page 52 of your text.
is 3.5 percent?
If you bought a stock for $45 dollars and could sell it fifteen years later for three times what you originally paid. Wha
Future Value (FV)
Present Value (PV)
Number of years (n)
135
45
15
Answer-
Refer to the Solved Example 6 on Page 53 of your text.
ou originally paid. What was your return on owning this stock?
Suppose you bought a house for $3,250,000 to make it a nursing home in the future. But you have not committed to t
If real estate values increase annually at 1.5%, how much can you expect to sell the house for in nine years if it choos
FV = PV × (1 + i)n
Present Value (PV)
Interest Rate (i)
Number of years (n)
3250000
0.015
9
Answer-
Refer to the Solved Example 2 on Page 49 of your text.
have not committed to the project and will decide in nine years whether to go forward with it or sell off the house.
ell off the house.
If your daughter wants to earn $215,000 within the next twenty-three years and the salaries grow at 4.45% per year. W
Future Value (FV)
Interest Rate (i)
Number of years (n)
215000
0.0445
23
Answer-
Refer to the Solved Example 5 on Page 52 of your text.
ow at 4.45% per year. What salary should she start to reach her goal?
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Case Study - Hyundai: Leading the way in the global car industry
Case
Study - Hyundai: Leading the way in the global car industry
The
global car industry is one of the largest and most ...
Case Study - Hyundai: Leading the way in the global car industry
Case
Study - Hyundai: Leading the way in the global car industry
The
global car industry is one of the largest and most internationalised business
sectors. There are 17 major global car companies, each of which produces over 1
million cars a year. The Hyundai Motor Company (Hyundai) is South Korea's
number one car maker and the 10th largest in the world. It sells vehicles in
over 190 countries producing about a dozen car and minivan models, plus trucks,
buses and other commercial vehicles. Popular exported models in the United
States are the Accent and Sonata, while exports to Europe and Asia include the
GRT and Equus. During the global recession in 2008, while most car companies
suffered steep sales declines, Hyundai managed to earn US$1.3 billion - putting
it among the best performers in the global car industry.
The industry
In
2009 global car sales fell to near-record lows due to the global recession,
which started in late 2008. Industry car profit has suffered due to significant
excess production capacity. Although there is a capacity to produce 80 million
cars worldwide, total global demand has been only 60 million a year. There have
been some acquisitions throughout the industry with Jaguar and Land Rover being
acquired by India's Tata Motors, and Volvo being purchased by China's Geely
Motors. Consistent with new trade theory, the requisite scale compels car
makers to target world markets, where they can achieve economies of scale and
maximise sales.
The industry in
South Korea
Korea
is the largest emerging market in the Asia-Pacific region. Yet the car maker
market in Korea is too small to sustain indigenous carmakers such as Hyundai and
Kia. Thus, Korean car makers sell aggressively in foreign markets. Fortunately,
Korea holds numerous competitive advantages in the car industry. The country is
a world centre of new technology development. It has abundant, cost-effective
knowledge workers who drive innovations in design, features, products and
product quality. The country also has a high savings rate, with massive inward
foreign direct investment, which ensures a ready supply of capital for car
makers to fund R&D and other ventures. Collectively, Korea's abundance of
production factors - cost-effective labour, knowledge workers, high-technology
and capital - represents key location specific advantages.
Korean
consumers are very demanding, so car makers take great pains to produce superior
products. Intense rivalry in the domestic car industry ensures that car makers
and car parts producers improve products continuously. The Korean economy is
dominated by several conglomerates called chaebol.
They include Hyundai, Samsung, Daewoo, LG and SK, and account for about 40 per
cent of Korea's GDP and exports. These large firms have expanded by borrowing
from their own banks.
The
Asian financial crisis of 1997 resulted in the Korean government imposing
stringent accounting controls on many of these firms. In particular, the manner
in which the Daewoo group collapsed and the subsequent takeover of Daewoo
Motors’ operations by General Motors (GM) has resulted in a rethink in terms of
strategy and regulatory control in the car sector. The government cooperates
closely with the business sector, protecting some industries, ensuring funds
for others and sponsoring still others. The government promoted imports of raw
materials and technology at the expense of consumer goods and encouraged
savings and investment over consumption. Partly due to these efforts, Korea is
home to a substantial industrial cluster for the production of cars and car
parts. Accordingly the nation benefits from the presence of numerous suppliers
and manufacturers in the global car industry.
In
years past, Hyundai also benefited from a weak Korean won, making the prices
for home and cars cheaper for customers in Australia, Europe and the United
States who buy imported cars in their local currencies. Hyundai owes much of
its success to favourable international exchange rates.
Background on
Hyundai
Hyundai
was founded in 1947 as a construction company by Chung Ju-yung, a visionary
entrepreneur from a peasant background. By the 1970s the firm had become a car
company and began an aggressive effort to develop engineering capabilities and
new designs. In the 1980s Hyundai began exporting the Excel, an economy car
with a US$4995 price tag, to the United States. This car was an instant
success, and Excel exports grew to 250,000 units per year. But problems
occurred and the car fell from favour. The Excel suffered from quality issues
and had a weak dealer network, which did little to dispel negative imagery or
generate substantial new sales. Buyer confidence waned in the late 1990s.
Hyundai’s brand equity weakened. In response to these quality complaints,
Hyundai initiated major quality improvement programes and introduced a ten-year
power-train warranty program, unprecedented in the car industry. The strategy
was a major turning point for Hyundai.
Geographical
diversification
In
1997 Hyundai built a factory in Turkey, giving the firm convenient access to
the Middle East and Europe. Next, Hyundai opened a plant in India and within a
few years became the country's best-selling brand of imported cars. In 2002
Hyundai launched a factory in China, doubling production. Hyundai is aiming for
20 per cent share of the Chinese car market. The firm also partnered with
Guangzhou Motor Group, winning entry to China's huge commercial-vehicle market.
In addition to gaining access to low-cost, high-quality labour in emerging
markets, Hyundai hopes its presence in the local showrooms will improve
consumer awareness and drive sales in new markets.
Hyundai
uses FDI to develop key operations around the world. Management chooses
locations based on the advantages they bring to the firm. By 2006 have
established plants in Iran, Taiwan, Vietnam, Venezuela, and numerous other
countries around the world. The firm also has R&D centres in Europe, Japan
and North America. It has distribution centres and marketing subsidiaries at
various locations that deliver parts to its expanding base of car dealers
worldwide. Hyundai also has regional headquarters in Asia, Europe and North
America. To guarantee control over production and marketing, Hyundai has
internalised many of its own operations.
To
remain competitive, Hyundai employs inexpensive labour and sources imports -
engines, tyres, electronics - from low-cost suppliers. The firm has entered
various collaborative ventures to cooperate in R&D, design, manufacturing
and other value-adding activities. These allow Hyundai access to foreign
partners’ know-how, capital, distribution channels, marketing assets and the
ability to overcome government-imposed obstacles. For example, Hyundai
partnered with Daimler-Chrysler to develop new technologies and improve supply
chain management. Compared to Japanese or Western rivals, Hyundai has superior
cost advantages in the acquisition of high-quality inputs.
While
Japanese car giants such as Toyota and Honda rely heavily on US sales for their
profits, Hyundai is more diversified. In 2008 the US market accounted for only
14 per cent of Hyundai’s total sales, while China, India, Russia and Latin
America represented a combined 35 per cent of its sales.
Hyundai
recently launched its first luxury model, the Genesis. The Genesis was named
‘North American Car of the Year’ at the 2009 Detroit Auto Show, trumping
industry favourites such as Audi A4, Jaguar XF and Cadillac CTS-V. The Genesis
was noted for its luxury touches, smooth ride, high-quality and US$33,000
price.
A
recent marketing innovation is the ‘Assurance Program’, under which a buyer can
return a recently purchased car if he or she loses their job within one year of
purchase. The program even pays the customer’s lease payments for up to 90 days
while they search for a new job. Owners who elect to keep their cars are not
required to reimburse Hyundai.
Recent events
Like
other car makers, Hyundai has also experienced problems with excess capacity.
In 2009, due to unwanted inventory, the firm slowed production of its Alabama
plant in the United States and laid off hundreds of employees at regional
headquarters in the United States. It also cut production by some 25 per cent
at plants in Korea. But the firm continues to launch new marketing campaigns,
and replaced General Motors as the official car sponsor of the Academy Awards.
Hyundai
has pursued internationalisation aggressively. While many local firms struggle
to stay afloat during a crisis, Hyundai is seeking to expand. Hyundai sees the
crisis as an opportunity, with plans to emerge even stronger. Hyundai has
improved quality and increased sales against all odds. Given its focus on
quality, energy efficiency, cost-control and customer satisfaction, perhaps
Hyundai is the new standard bearer in the global car industry.
Source:This
case was adapted from Cavusgil et al (2012, pp.171-73)
Case Study Questions
1.
What are the roles of comparative and
competitive advantages in Hyundai’s success? Illustrate your answers by
providing specific examples of natural and acquired advantages that Hyundai
employs to succeed in the global car industry.
2.
In terms of factor proportions theory, what
abundant factors does Hyundai leverage in its worldwide operations? Provide
examples and explain how Hyundai exemplifies the theory.
3.
Discuss higher Hyundai and its position in the
global car industry in terms of Porter's Diamond model. What is the role of
firm strategy, structure and rivalry, factor conditions, demand conditions and
related and supporting industries to Hyundai’s international success?
4.
Consistent with Dunning’s eclectic paradigm,
described the ownership-specific advantages, location-specific advantages and
internalisation advantages held by Hyundai. Which of these advantages do you
believe has been most instrumental in the firm's success? Justify your answereach answer has to be for around 500 words
Algorithm Concepts- Design, implement and analyze two algorithms to solve the longest common prefix problem. A solution using the naive brute force approach and one using the divide and conquer approach.
1. For this assignment, you will design, implement and analyze two algorithms to solve the longest common prefix problem. ...
Algorithm Concepts- Design, implement and analyze two algorithms to solve the longest common prefix problem. A solution using the naive brute force approach and one using the divide and conquer approach.
1. For this assignment, you will design, implement and analyze two algorithms to solve the longest common prefix problem. A solution using the naive brute force approach and one using the divide and conquer approach. 2. The longest common prefix problem is defined as follows: Write a function to find the longest common prefix string amongst an array of strings. If there is no common prefix, return an empty string "". Example 1: Input: ["flower","flow","flight"] Output: "fl" Example 2: Input: ["dog","racecar","car"] Output: "" Note: All given inputs are in lowercase letters a-z 3. Design an algorithm to solve this problem using brute force. The idea is loop over the strings [S1…Sn], finding at each iteration i the longest common prefix of strings LCP(S1…Si) When LCP(S1…Si) is an empty string, the algorithm ends. Otherwise after n iterations, the algorithm returns LCP(S1…Sn). a. Write the pseudocode for your algorithm b. What is the asymptotic running time of your algorithm. Provide an explanation for your answer 4. Design an algorithm to solve this problem using a divide and conquer strategy. To do this consider the following facts. If you split theLCP(Si…Sj) problem into two subproblems(Si…Smid) andLCP(Smid+1…Sj), where mid is{(i + j)/2}, We use their solutions lcpLeft and lcpRight to construct the solution of the main problem LCP(Si…Sj). To accomplish this we compare one by one the characters of lcpLeft and lcpRight till there is no character match. The found common prefix of lcpLeft and lcpRight is the solution of the LCP(Si…Sj). a. Write the pseudocode for your algorithm b. What is the asymptotic running time of your algorithm. Provide an explanation for your answer 5. Using any programming language of your choice implement the algorithms you designed in 3 and 4. above. Use the attached test file to show that your algorithms and implementations are correct. The file has one test case per line (10 cases each with 50 entries). A line corresponding to the example above would be: ["flower","flow","flight"],"fl" with the input array followed by the longest common prefix. Include screenshots in your submission. 6. Experimental Analysis: For the experimental analysis you will plot running times as a function of input size. Every programming language should provide access to a clock. Run each of your algorithms on input arrays of size 50 … 500 in increments of 50 (that is, you should have 10 data points for each algorithm). To do this, generate random instances using a random string generator with some fixed prefix. For each data point, you should take the average of a small number (say, 10) runs to smooth out any noise. For example, for the first data point, you will do something like: for i = 1:10 A = random array with 50*i entries start clock longestCommonPrefix(A) pause clock return elapsed time Note that you should not include the time to generate the instance. Plot the running times as a function of input size for each algorithm in a single plot. Provide screenshots of your algorithm generating the results. Include the code that runs the experiments in your submission. 7. Discuss your plot in 6. Do the theoretical and experimental running times agree? 8. Provide a real-world example of a problem that can be modelled and solved as a Longest common prefix problem. 9. Submit a report along with all your implemented code, which should include a detailed readme file (which should explain how to run the code) in separate files via Blackboard by the due date.
EN206 Monroe Wk 3 Martin Office Supply Company Monitoring Software Paper
Scenario: To address the issue of employee misuse of the Internet,
Martin's Office Supply Company is going to institute ...
EN206 Monroe Wk 3 Martin Office Supply Company Monitoring Software Paper
Scenario: To address the issue of employee misuse of the Internet,
Martin's Office Supply Company is going to institute an Internet usage
policy and install Internet monitoring
software. This new policy requires the company to purchase Internet
monitoring software and the Vice President, Donna Jones, asks you to
write a short report that recommends software product options. Assignment: Conduct some Internet research on Internet monitoring software products, then write a product comparison short report that describes important characteristics/features (including price) about the 3 products and which product you recommend purchasing based on your research.
In your report you will discuss all 3 products, but recommend the
purchase of the ONE product that you think is the best option for
Martin's Office Supply. Be sure to explain why you believe your recommended product is better than the other products you discussed in the report. Also create a visual in this report and refer to it in the body of the document (refer to the Google Chart Maker tool in the "Resources" folder). Refer to this website for guidance on the memo format. Remember to use TO: From: Date: Subject. View this video on visual aids. Remember to use the appropriate headings for a Recommendation Short Report.
It should differentiate the information you are presenting. There
should be an introduction section, other appropriate headings, and of
course, a section labeled Recommendations. Please read the notes in the
PPT that that is attached to this assignment, for writing short
reports, in order to help you complete the memo.
2 pages
UNV104 Grand Canyon Expository Essay About Supporting Paragraphs Quiz
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Identify three potential subjects that you are interested in starting to research and briefly discuss why you are interest in each.
Go online and find a community-based program that currently serves the purpose of your subject interest.
Examine the program and identify what jobs are available in the community program. What job skills are required for the positions. Use O*NET (onetonline.org) to describe the jobs connected to these programs.
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Case Study - Hyundai: Leading the way in the global car industry
Case
Study - Hyundai: Leading the way in the global car industry
The
global car industry is one of the largest and most ...
Case Study - Hyundai: Leading the way in the global car industry
Case
Study - Hyundai: Leading the way in the global car industry
The
global car industry is one of the largest and most internationalised business
sectors. There are 17 major global car companies, each of which produces over 1
million cars a year. The Hyundai Motor Company (Hyundai) is South Korea's
number one car maker and the 10th largest in the world. It sells vehicles in
over 190 countries producing about a dozen car and minivan models, plus trucks,
buses and other commercial vehicles. Popular exported models in the United
States are the Accent and Sonata, while exports to Europe and Asia include the
GRT and Equus. During the global recession in 2008, while most car companies
suffered steep sales declines, Hyundai managed to earn US$1.3 billion - putting
it among the best performers in the global car industry.
The industry
In
2009 global car sales fell to near-record lows due to the global recession,
which started in late 2008. Industry car profit has suffered due to significant
excess production capacity. Although there is a capacity to produce 80 million
cars worldwide, total global demand has been only 60 million a year. There have
been some acquisitions throughout the industry with Jaguar and Land Rover being
acquired by India's Tata Motors, and Volvo being purchased by China's Geely
Motors. Consistent with new trade theory, the requisite scale compels car
makers to target world markets, where they can achieve economies of scale and
maximise sales.
The industry in
South Korea
Korea
is the largest emerging market in the Asia-Pacific region. Yet the car maker
market in Korea is too small to sustain indigenous carmakers such as Hyundai and
Kia. Thus, Korean car makers sell aggressively in foreign markets. Fortunately,
Korea holds numerous competitive advantages in the car industry. The country is
a world centre of new technology development. It has abundant, cost-effective
knowledge workers who drive innovations in design, features, products and
product quality. The country also has a high savings rate, with massive inward
foreign direct investment, which ensures a ready supply of capital for car
makers to fund R&D and other ventures. Collectively, Korea's abundance of
production factors - cost-effective labour, knowledge workers, high-technology
and capital - represents key location specific advantages.
Korean
consumers are very demanding, so car makers take great pains to produce superior
products. Intense rivalry in the domestic car industry ensures that car makers
and car parts producers improve products continuously. The Korean economy is
dominated by several conglomerates called chaebol.
They include Hyundai, Samsung, Daewoo, LG and SK, and account for about 40 per
cent of Korea's GDP and exports. These large firms have expanded by borrowing
from their own banks.
The
Asian financial crisis of 1997 resulted in the Korean government imposing
stringent accounting controls on many of these firms. In particular, the manner
in which the Daewoo group collapsed and the subsequent takeover of Daewoo
Motors’ operations by General Motors (GM) has resulted in a rethink in terms of
strategy and regulatory control in the car sector. The government cooperates
closely with the business sector, protecting some industries, ensuring funds
for others and sponsoring still others. The government promoted imports of raw
materials and technology at the expense of consumer goods and encouraged
savings and investment over consumption. Partly due to these efforts, Korea is
home to a substantial industrial cluster for the production of cars and car
parts. Accordingly the nation benefits from the presence of numerous suppliers
and manufacturers in the global car industry.
In
years past, Hyundai also benefited from a weak Korean won, making the prices
for home and cars cheaper for customers in Australia, Europe and the United
States who buy imported cars in their local currencies. Hyundai owes much of
its success to favourable international exchange rates.
Background on
Hyundai
Hyundai
was founded in 1947 as a construction company by Chung Ju-yung, a visionary
entrepreneur from a peasant background. By the 1970s the firm had become a car
company and began an aggressive effort to develop engineering capabilities and
new designs. In the 1980s Hyundai began exporting the Excel, an economy car
with a US$4995 price tag, to the United States. This car was an instant
success, and Excel exports grew to 250,000 units per year. But problems
occurred and the car fell from favour. The Excel suffered from quality issues
and had a weak dealer network, which did little to dispel negative imagery or
generate substantial new sales. Buyer confidence waned in the late 1990s.
Hyundai’s brand equity weakened. In response to these quality complaints,
Hyundai initiated major quality improvement programes and introduced a ten-year
power-train warranty program, unprecedented in the car industry. The strategy
was a major turning point for Hyundai.
Geographical
diversification
In
1997 Hyundai built a factory in Turkey, giving the firm convenient access to
the Middle East and Europe. Next, Hyundai opened a plant in India and within a
few years became the country's best-selling brand of imported cars. In 2002
Hyundai launched a factory in China, doubling production. Hyundai is aiming for
20 per cent share of the Chinese car market. The firm also partnered with
Guangzhou Motor Group, winning entry to China's huge commercial-vehicle market.
In addition to gaining access to low-cost, high-quality labour in emerging
markets, Hyundai hopes its presence in the local showrooms will improve
consumer awareness and drive sales in new markets.
Hyundai
uses FDI to develop key operations around the world. Management chooses
locations based on the advantages they bring to the firm. By 2006 have
established plants in Iran, Taiwan, Vietnam, Venezuela, and numerous other
countries around the world. The firm also has R&D centres in Europe, Japan
and North America. It has distribution centres and marketing subsidiaries at
various locations that deliver parts to its expanding base of car dealers
worldwide. Hyundai also has regional headquarters in Asia, Europe and North
America. To guarantee control over production and marketing, Hyundai has
internalised many of its own operations.
To
remain competitive, Hyundai employs inexpensive labour and sources imports -
engines, tyres, electronics - from low-cost suppliers. The firm has entered
various collaborative ventures to cooperate in R&D, design, manufacturing
and other value-adding activities. These allow Hyundai access to foreign
partners’ know-how, capital, distribution channels, marketing assets and the
ability to overcome government-imposed obstacles. For example, Hyundai
partnered with Daimler-Chrysler to develop new technologies and improve supply
chain management. Compared to Japanese or Western rivals, Hyundai has superior
cost advantages in the acquisition of high-quality inputs.
While
Japanese car giants such as Toyota and Honda rely heavily on US sales for their
profits, Hyundai is more diversified. In 2008 the US market accounted for only
14 per cent of Hyundai’s total sales, while China, India, Russia and Latin
America represented a combined 35 per cent of its sales.
Hyundai
recently launched its first luxury model, the Genesis. The Genesis was named
‘North American Car of the Year’ at the 2009 Detroit Auto Show, trumping
industry favourites such as Audi A4, Jaguar XF and Cadillac CTS-V. The Genesis
was noted for its luxury touches, smooth ride, high-quality and US$33,000
price.
A
recent marketing innovation is the ‘Assurance Program’, under which a buyer can
return a recently purchased car if he or she loses their job within one year of
purchase. The program even pays the customer’s lease payments for up to 90 days
while they search for a new job. Owners who elect to keep their cars are not
required to reimburse Hyundai.
Recent events
Like
other car makers, Hyundai has also experienced problems with excess capacity.
In 2009, due to unwanted inventory, the firm slowed production of its Alabama
plant in the United States and laid off hundreds of employees at regional
headquarters in the United States. It also cut production by some 25 per cent
at plants in Korea. But the firm continues to launch new marketing campaigns,
and replaced General Motors as the official car sponsor of the Academy Awards.
Hyundai
has pursued internationalisation aggressively. While many local firms struggle
to stay afloat during a crisis, Hyundai is seeking to expand. Hyundai sees the
crisis as an opportunity, with plans to emerge even stronger. Hyundai has
improved quality and increased sales against all odds. Given its focus on
quality, energy efficiency, cost-control and customer satisfaction, perhaps
Hyundai is the new standard bearer in the global car industry.
Source:This
case was adapted from Cavusgil et al (2012, pp.171-73)
Case Study Questions
1.
What are the roles of comparative and
competitive advantages in Hyundai’s success? Illustrate your answers by
providing specific examples of natural and acquired advantages that Hyundai
employs to succeed in the global car industry.
2.
In terms of factor proportions theory, what
abundant factors does Hyundai leverage in its worldwide operations? Provide
examples and explain how Hyundai exemplifies the theory.
3.
Discuss higher Hyundai and its position in the
global car industry in terms of Porter's Diamond model. What is the role of
firm strategy, structure and rivalry, factor conditions, demand conditions and
related and supporting industries to Hyundai’s international success?
4.
Consistent with Dunning’s eclectic paradigm,
described the ownership-specific advantages, location-specific advantages and
internalisation advantages held by Hyundai. Which of these advantages do you
believe has been most instrumental in the firm's success? Justify your answereach answer has to be for around 500 words
Algorithm Concepts- Design, implement and analyze two algorithms to solve the longest common prefix problem. A solution using the naive brute force approach and one using the divide and conquer approach.
1. For this assignment, you will design, implement and analyze two algorithms to solve the longest common prefix problem. ...
Algorithm Concepts- Design, implement and analyze two algorithms to solve the longest common prefix problem. A solution using the naive brute force approach and one using the divide and conquer approach.
1. For this assignment, you will design, implement and analyze two algorithms to solve the longest common prefix problem. A solution using the naive brute force approach and one using the divide and conquer approach. 2. The longest common prefix problem is defined as follows: Write a function to find the longest common prefix string amongst an array of strings. If there is no common prefix, return an empty string "". Example 1: Input: ["flower","flow","flight"] Output: "fl" Example 2: Input: ["dog","racecar","car"] Output: "" Note: All given inputs are in lowercase letters a-z 3. Design an algorithm to solve this problem using brute force. The idea is loop over the strings [S1…Sn], finding at each iteration i the longest common prefix of strings LCP(S1…Si) When LCP(S1…Si) is an empty string, the algorithm ends. Otherwise after n iterations, the algorithm returns LCP(S1…Sn). a. Write the pseudocode for your algorithm b. What is the asymptotic running time of your algorithm. Provide an explanation for your answer 4. Design an algorithm to solve this problem using a divide and conquer strategy. To do this consider the following facts. If you split theLCP(Si…Sj) problem into two subproblems(Si…Smid) andLCP(Smid+1…Sj), where mid is{(i + j)/2}, We use their solutions lcpLeft and lcpRight to construct the solution of the main problem LCP(Si…Sj). To accomplish this we compare one by one the characters of lcpLeft and lcpRight till there is no character match. The found common prefix of lcpLeft and lcpRight is the solution of the LCP(Si…Sj). a. Write the pseudocode for your algorithm b. What is the asymptotic running time of your algorithm. Provide an explanation for your answer 5. Using any programming language of your choice implement the algorithms you designed in 3 and 4. above. Use the attached test file to show that your algorithms and implementations are correct. The file has one test case per line (10 cases each with 50 entries). A line corresponding to the example above would be: ["flower","flow","flight"],"fl" with the input array followed by the longest common prefix. Include screenshots in your submission. 6. Experimental Analysis: For the experimental analysis you will plot running times as a function of input size. Every programming language should provide access to a clock. Run each of your algorithms on input arrays of size 50 … 500 in increments of 50 (that is, you should have 10 data points for each algorithm). To do this, generate random instances using a random string generator with some fixed prefix. For each data point, you should take the average of a small number (say, 10) runs to smooth out any noise. For example, for the first data point, you will do something like: for i = 1:10 A = random array with 50*i entries start clock longestCommonPrefix(A) pause clock return elapsed time Note that you should not include the time to generate the instance. Plot the running times as a function of input size for each algorithm in a single plot. Provide screenshots of your algorithm generating the results. Include the code that runs the experiments in your submission. 7. Discuss your plot in 6. Do the theoretical and experimental running times agree? 8. Provide a real-world example of a problem that can be modelled and solved as a Longest common prefix problem. 9. Submit a report along with all your implemented code, which should include a detailed readme file (which should explain how to run the code) in separate files via Blackboard by the due date.
EN206 Monroe Wk 3 Martin Office Supply Company Monitoring Software Paper
Scenario: To address the issue of employee misuse of the Internet,
Martin's Office Supply Company is going to institute ...
EN206 Monroe Wk 3 Martin Office Supply Company Monitoring Software Paper
Scenario: To address the issue of employee misuse of the Internet,
Martin's Office Supply Company is going to institute an Internet usage
policy and install Internet monitoring
software. This new policy requires the company to purchase Internet
monitoring software and the Vice President, Donna Jones, asks you to
write a short report that recommends software product options. Assignment: Conduct some Internet research on Internet monitoring software products, then write a product comparison short report that describes important characteristics/features (including price) about the 3 products and which product you recommend purchasing based on your research.
In your report you will discuss all 3 products, but recommend the
purchase of the ONE product that you think is the best option for
Martin's Office Supply. Be sure to explain why you believe your recommended product is better than the other products you discussed in the report. Also create a visual in this report and refer to it in the body of the document (refer to the Google Chart Maker tool in the "Resources" folder). Refer to this website for guidance on the memo format. Remember to use TO: From: Date: Subject. View this video on visual aids. Remember to use the appropriate headings for a Recommendation Short Report.
It should differentiate the information you are presenting. There
should be an introduction section, other appropriate headings, and of
course, a section labeled Recommendations. Please read the notes in the
PPT that that is attached to this assignment, for writing short
reports, in order to help you complete the memo.
2 pages
UNV104 Grand Canyon Expository Essay About Supporting Paragraphs Quiz
In a five-paragraph Expository Essay there are three supporting paragraphs? You should restate/re-word your thesis stateme ...
UNV104 Grand Canyon Expository Essay About Supporting Paragraphs Quiz
In a five-paragraph Expository Essay there are three supporting paragraphs? You should restate/re-word your thesis statement in the last paragraph or ...
Grand Canyon University Choosing Healthy and Rewarding Meals School Program Proposal
Program Proposal
develop in your focus area, for either a community-based program, a nonprofit program, or a g ...
Grand Canyon University Choosing Healthy and Rewarding Meals School Program Proposal
Program Proposal
develop in your focus area, for either a community-based program, a nonprofit program, or a governmental program. All of the assignments in this course are designed to assist you in the development of the Final Program Proposal. See the attachment for the Final BHS Proposal Requirements.
Review the resources provided in Topic 1. Write a 500-750-word essay that includes the following components:
Identify three potential subjects that you are interested in starting to research and briefly discuss why you are interest in each.
Go online and find a community-based program that currently serves the purpose of your subject interest.
Examine the program and identify what jobs are available in the community program. What job skills are required for the positions. Use O*NET (onetonline.org) to describe the jobs connected to these programs.
Describe two empirically supported behavioral health theoretical models that are related to the issue selected (e.g., If a program will include mentorship, the paper may include a description of Bandura’s Social Learning Theory).
Earn money selling
your Study Documents