{"id":429717,"date":"2018-03-06T19:51:08","date_gmt":"2018-03-06T19:51:08","guid":{"rendered":"https:\/\/essaypaper.org\/assignment-paper-custom-essay-papers-59\/"},"modified":"2018-10-24T09:10:56","modified_gmt":"2018-10-24T09:10:56","slug":"assignment-paper-custom-essay-papers-59","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/assignment-paper-custom-essay-papers-59\/","title":{"rendered":"Assignment Paper &#124; Custom Essay Papers"},"content":{"rendered":"\n<div itemprop=\"text\">\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">In this case, management is presented with several decision options.\u00a0 For this assignment, you are required to provide a two to three single-spaced written memo evaluating options and providing recommendations.\u00a0 The written memo should be properly formatted according to APA guidelines and demonstrate research and critical thinking skills. Evaluations and recommendations should be supported by at least four scholarly sources from the Ashford University Library or other external sources, excluding the textbook.\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">In Question 1, evaluate each decision separately in full detail including calculations, as necessary.\u00a0 The evaluation should be included as part of the memo discussion, not a separate component.\u00a0 Evaluations can be included as appendices, exhibits or figures; however must be properly referenced within the written content.<\/p>\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">In Question 2, prepare a comprehensive business memo addressing each decision and your recommendation.\u00a0 The memo should be properly formatted as a business memo and formatted according to APA guidelines.<\/p>\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">An example of a properly formatted business memo can be found at this link\u00a0.<\/p>\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">Week 5 Written Assignment should:<\/p>\n<ul style=\"margin-top: 0px;margin-bottom: 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">\n<li>Demonstrate graduate level work including appropriate research and critical thinking skills.<\/li>\n<li>Be presented as a business memo (not a question\/answer format).<\/li>\n<li>Incorporate case questions into the overall analysis.<\/li>\n<li>Follow APA formatting guidelines including title page, reference page and in-text citations.<\/li>\n<li>Consists of two to three single-spaced pages of content.<\/li>\n<\/ul>\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">Provide at least four scholarly sources, excluding the textbook.<\/p>\n<p style=\"margin: 0px 0px 10.5px;color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 16px\">\u00a0<\/p>\n<div style=\"color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 14px\">\n<p style=\"margin: 0px 0px 10.5px\">CASE 9A \u2013 MIDDLEHURST HOUSE<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Middlehurst House is a daycare center\/preschool which operates as a partnership of George<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Friedman and Bill Compton. The center is in a city that has a large base of twoincome families<\/p>\n<p style=\"margin: 0px 0px 10.5px\">who have a need for quality day care. The two men started the center this year. Compton<\/p>\n<p style=\"margin: 0px 0px 10.5px\">contributed $40,000 to get the business started\u2014to purchase equipment and to operate through<\/p>\n<p style=\"margin: 0px 0px 10.5px\">the early months. Friedman, who previously managed another center, is the director of the center<\/p>\n<p style=\"margin: 0px 0px 10.5px\">and draws $2,000 per month for his services. Partnership profits and losses, after Friedman\u2019s<\/p>\n<p style=\"margin: 0px 0px 10.5px\">salary, are split 75 percent for Compton and 25 percent for Friedman.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Middlehurst House operates from 6 a.m. to 6 p.m., Monday through Friday. It is in a single<\/p>\n<p style=\"margin: 0px 0px 10.5px\">building that has a capacity limit of 120 children and meets city and state regulations. At present,<\/p>\n<p style=\"margin: 0px 0px 10.5px\">the center has six classes, all at maximum sizes, structured as follows:<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Number of classes<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Children per class<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Total children<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Monthly tuition per child<\/p>\n<p style=\"margin: 0px 0px 10.5px\">2 to 3 2 10 20 $320<\/p>\n<p style=\"margin: 0px 0px 10.5px\">3 to 4 1 15 15 280<\/p>\n<p style=\"margin: 0px 0px 10.5px\">4 to 5 1 15 15 280<\/p>\n<p style=\"margin: 0px 0px 10.5px\">5 to 6 2 15 30 260<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Class sizes are determined by state law which sets a limit on the number of children per<\/p>\n<p style=\"margin: 0px 0px 10.5px\">instructor. The center uses one instructor per classroom.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Tuition is charged monthly. Minor adjustments are made on an individual basis. In October, the<\/p>\n<p style=\"margin: 0px 0px 10.5px\">most recent month with data available, revenues were $21,500 ($22,600 less $1,100<\/p>\n<p style=\"margin: 0px 0px 10.5px\">adjustments). Monthly revenues should be rather stable since classes are full most of the time.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Expenses for October were:<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Salaries for instructors $9,600<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Salary of director 2,000<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Salary of part-time cook 900<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Food expenses 2,200<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Staff benefits expenses 2,450<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Supplies expenses 600<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Occupancy and other administrative<\/p>\n<p style=\"margin: 0px 0px 10.5px\">expenses 3,250<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Total expenses $21,000<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<\/div>\n<div style=\"color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 14px\">\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Fixed expenses are the salary of the part-time cook and occupancy and other administrative<\/p>\n<p style=\"margin: 0px 0px 10.5px\">expenses. The salary of the director is fixed\u2014as a partnership, this is in reality a distribution of<\/p>\n<p style=\"margin: 0px 0px 10.5px\">profits, but it is included in expenses for comparative purposes.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Food is $1.25 per student per day. Staff benefits are 10 percent of salaries plus $200 per person<\/p>\n<p style=\"margin: 0px 0px 10.5px\">for benefit programs for instructors and the part-time cook. Variable supplies are $1 per student<\/p>\n<p style=\"margin: 0px 0px 10.5px\">per month. Step costs are salaries for instructors, averaging $1,600 per instructor per class.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Friedman wants to increase the quality of service by decreasing class sizes and also by<\/p>\n<p style=\"margin: 0px 0px 10.5px\">expanding student enrollments. These alternatives are interrelated. Friedman thinks that class<\/p>\n<p style=\"margin: 0px 0px 10.5px\">sizes are too large and that children are not getting the individual attention they require.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Friedman surveyed parents of all 80 students to measure their support for a tuition increase tied<\/p>\n<p style=\"margin: 0px 0px 10.5px\">to a reduction in class size. For children ages 2 to 5, most parents would support a 25 percent<\/p>\n<p style=\"margin: 0px 0px 10.5px\">tuition increase, and nearly 50 percent would support a 50 percent increase. Of the 5-to-6 age<\/p>\n<p style=\"margin: 0px 0px 10.5px\">group parents, nearly three fourths did not want any increase. The remainder said they would<\/p>\n<p style=\"margin: 0px 0px 10.5px\">support a 25 percent increase but no more.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Proper class size is very subjective. However, Friedman feels that he could achieve a child\/<\/p>\n<p style=\"margin: 0px 0px 10.5px\">instructor ratio of 6 to 1 for the 2-to-3 age group, an 8 to 1 ratio for the 3-to-4 and 4-to-5 age<\/p>\n<p style=\"margin: 0px 0px 10.5px\">groups, and a 10 to 1 ratio for the 5-to-6 age group.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">The center has easily maintained the 80-student level, with each class full. Friedman keeps in<\/p>\n<p style=\"margin: 0px 0px 10.5px\">touch with waiting-list parents to make certain each is still interested. This list provides children<\/p>\n<p style=\"margin: 0px 0px 10.5px\">when someone leaves the center. The current waiting list is as follows:<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Age group Number of children<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Age group Number of children<\/p>\n<p style=\"margin: 0px 0px 10.5px\">2 to 3 5 4 to 5 4<\/p>\n<p style=\"margin: 0px 0px 10.5px\">3 to 4 7 5 to 6 11<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Friedman does not start a new class unless more students are on the waiting list than are required<\/p>\n<p style=\"margin: 0px 0px 10.5px\">per class. Obviously, enough students are on the 5-to-6 age group waiting list to start a new class.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Lately, however, he has wondered if the center could make a profit by starting classes with fewer<\/p>\n<p style=\"margin: 0px 0px 10.5px\">than the requisite number, taking the chance that new students would appear and could be added<\/p>\n<p style=\"margin: 0px 0px 10.5px\">immediately.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Information from his various inquiries implies that a potential market for quality infant care (0 to<\/p>\n<p style=\"margin: 0px 0px 10.5px\">24 months) exists. Friedman doesn\u2019t think this expansion would be profitable. However, he has<\/p>\n<p style=\"margin: 0px 0px 10.5px\">never done an analysis of the situation and has not thought about an appropriate tuition. He<\/p>\n<p style=\"margin: 0px 0px 10.5px\">believes that the infant\/instructor ratio in his center should be no higher than 5 infants to one<\/p>\n<p style=\"margin: 0px 0px 10.5px\">instructor. The center would have no food costs for the infants.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<\/div>\n<div style=\"color: #444444;font-family: Lato, Helvetica, Arial, sans-serif;font-size: 14px\">\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Compton will only agree to Friedman\u2019s suggested changes if the center will continue to operate<\/p>\n<p style=\"margin: 0px 0px 10.5px\">at or above the current profit level.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Friedman does not start a new class unless more students are on the waiting list than are required<\/p>\n<p style=\"margin: 0px 0px 10.5px\">per class. Obviously, enough students are on the 5-to-6 age group waiting list to start a new class.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Lately, however, he has wondered if the center could make a profit by starting classes with fewer<\/p>\n<p style=\"margin: 0px 0px 10.5px\">than the requisite number, taking the chance that new students would appear and could be added<\/p>\n<p style=\"margin: 0px 0px 10.5px\">immediately.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Information from his various inquiries implies that a potential market for quality infant care (0 to<\/p>\n<p style=\"margin: 0px 0px 10.5px\">24 months) exists. Friedman doesn\u2019t think this expansion would be profitable. However, he has<\/p>\n<p style=\"margin: 0px 0px 10.5px\">never done an analysis of the situation and has not thought about an appropriate tuition. He<\/p>\n<p style=\"margin: 0px 0px 10.5px\">believes that the infant\/instructor ratio in his center should be no higher than 5 infants to one<\/p>\n<p style=\"margin: 0px 0px 10.5px\">instructor. The center would have no food costs for the infants.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Compton will only agree to Friedman\u2019s suggested changes if the center will continue to operate<\/p>\n<p style=\"margin: 0px 0px 10.5px\">at or above the current profit level.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Questions:<\/p>\n<p style=\"margin: 0px 0px 10.5px\">1. Look at each decision separately, as incremental to the current situation, and evaluate the<\/p>\n<p style=\"margin: 0px 0px 10.5px\">marginal profit:<\/p>\n<p style=\"margin: 0px 0px 10.5px\">a. If class size is decreased (keeping the same 80 students), what increase in tuition<\/p>\n<p style=\"margin: 0px 0px 10.5px\">is necessary to keep the current monthly profit level?<\/p>\n<p style=\"margin: 0px 0px 10.5px\">b. Without regard to (a), is it profitable to create the new class from the waiting list?<\/p>\n<p style=\"margin: 0px 0px 10.5px\">Explain.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">c. Use the new fee structure as found in (a). Is it profitable to move to smaller class<\/p>\n<p style=\"margin: 0px 0px 10.5px\">sizes, if new full classes are created and filled to their new maximums using the<\/p>\n<p style=\"margin: 0px 0px 10.5px\">waiting list? Show calculations.<\/p>\n<p style=\"margin: 0px 0px 10.5px\">d. Is a class for infant care profitable if tuition is the same as the proposed class<\/p>\n<p style=\"margin: 0px 0px 10.5px\">tuition for the 2-to-3 age group?<\/p>\n<p style=\"margin: 0px 0px 10.5px\">\u00a0<\/p>\n<p style=\"margin: 0px 0px 10.5px\">2. Write a brief memo to Friedman and Compton highlighting any concerns that underlie<\/p>\n<p style=\"margin: 0px 0px 10.5px\">the analyses you have performed in Part 1.<\/p>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.Essay Paper Ltd\/wp-content\/uploads\/2017\/07\/Post-link.jpg\"\/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In this case, management is presented with several decision options.\u00a0 For this assignment, you are required to provide a two to three single-spaced written memo evaluating options and providing recommendations.\u00a0 The written memo should be properly formatted according to APA <a href=\"https:\/\/www.benedictsol.com\/blogs\/assignment-paper-custom-essay-papers-59\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-429717","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/429717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=429717"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/429717\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=429717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=429717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=429717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}