Category Archives: QRB 501

QRB 501 Entire Course latest (NO FINAL)

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QRB 501 Entire Course latest

QRB 501 Week 1 Fundamental Quantitative Concepts Exercises latest

QRB 501 Week 2 Team Assignment Equations and Percentage Cases latest

QRB 501 Week 3 Mathematics of Buying and Selling Exercises latest

QRB 501 Week 3 Team Assignment Trade and Cash Discount Cases latest

QRB 501 Week 4 Data Analytics Problem Set latest

QRB 501 Week 5 Quantitative Techniques in Financial Valuation Problem Set latest

QRB 501 Week 5 Team Assignment Financial Valuation (Time-Value of Money) Cases latest

QRB 501 Week 6 Signature Assignment latest

 

QRB 501 Week 1 Fundamental Quantitative Concepts Exercises latest

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QRB 501 Week 1 Fundamental Quantitative Concepts Exercises latest

Purpose of Assignment 

The purpose of this assignment is for students to learn how to use Microsoft Excel® for solving formulas. Managers and staff need to work with percentages daily in professional settings. Skills such as finding the percentage increase/decrease and using Excel® to convert from decimals to percentages and vice versa have become necessary. This assignment provides students with the practice of such fundamental quantitative concepts. 

Assignment Steps 

Resources: Fundamental Quantitative Concepts Exercises Excel® Template 

Save the Fundamental Quantitative Concepts Exercises Excel® Template to your computer.

Read the instructions on the first tab.

Complete the ten Excel® exercises.

A scale drawing of an office building is not labeled, but indicates 0.25 inch = 5 feet. On the drawing, one wall measures 2 inches. How long is the actual wall?

Marcus James purchased 2,500 pounds of produce. Records indicate he purchased 800 pounds of potatoes, 150 pounds of broccoli, and 390 pounds of tomatoes. He also purchased apples. How many pounds of apples did he purchase?

The formula for the installment price of an item purchased with financing is Installment price = Total of installment payments + Down payment. The formula can be written in symbols as I = T + D.

Wallpaper costs $12.97 per roll and a kitchen requires 9 rolls. What is the cost of the wallpaper needed to paper the kitchen?

Wilson’s Auto, Inc., has 37 employees and a weekly payroll of $10,878. If each employee makes the same amount, how much does each make?

Jacob Kennedy borrowed $30,000 to start up his consulting business. The loan had a simple interest rate of 6.2% for 3 years. Use the formula I = PRT to find the amount of interest he will pay on the loan. I = interest; P = principal; R = rate (expressed as a decimal 0.062); T = time in years

A car odometer increased from 37,580.3 to 42,719.6. What was the increase?

A number decreased from 486 to 104. Find the amount of decrease.

A number increased from 224 to 336. Find the percent of increase.

A number decreased from 250 to 195. Find the rate of decrease.

 

QRB 501 Week 2 Team Assignment Equations and Percentage Cases latest

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QRB 501 Week 2 Team Assignment Equations and Percentage Cases latest

Purpose of Assignment 

The purpose of this assignment is to provide students an opportunity to apply the concepts of equations and percentages covered in Ch. 5 and 6 to integrated case studies. 

Assignment Steps 

Resources: Equations and Percentage Cases Excel® Template, Excel® 2016 Essential Training

Save the Equations and Percentage Cases Excel® Template to your computer.

Read the instructions on the first tab.

Complete the two Excel® cases located in the template.

Click the Assignment Files tab to submit your assignment.

Refer to the Chapter 5 Case Study 5-1 on Page 187 of your text. Answer the following questions.

Question 1

Find the total square footage that requires painting for the bedroom and the living/dining room, and then find the total square footage for the entire painting job assuming two coats of paint.

Question 2

One gallon of paint will cover 350 square feet and costs $35, and each surface will require two coats. Using your answer to question 1, determine the total number of gallons required and total cost for paint, by rounding up to the nearest gallon.

Question 3

Using a painting rate of 150 square feet per hour (including prep time), a labor rate of $20 per hour, and a desired profit margin of 30% (or 0.3), calculate the total labor cost, profit margin, and final bid price for this painting job—including the total paint cost from question 2.

Refer to the Chapter 6 Case Study 6-3 on Page 224 of your text. Answer the following questions.

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QRB 501 Week 3 Mathematics of Buying and Selling Exercises latest

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QRB 501 Week 3 Mathematics of Buying and Selling Exercises latest

Purpose of Assignment
The purpose of this assignment is to provide students an opportunity to apply the concepts of trade and cash discounts covered in Ch. 8 to integrated case studies.
Assignment Steps
Resources: Trade and Cash Discount Cases Excel® Template
Save the Trade and Cash Discount Cases Excel® Template to your computer.
Read the instructions on the first tab.
Complete the two Excel® cases located in the template.
Click the Assignment Files tab to submit your assignment.
Case 8.1 Chapter 8 Page 305 of your text
Text: Business Math, Eleventh Edition
Case 8.1 Image Manufacturing’s Rebate Offer
Case 8.3 Chapter 8 Page 306/307 of your text
Text: Business Math, Eleventh Edition
Case 8.3 The Artist’s Palette

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QRB 501 Week 3 Team Assignment Trade and Cash Discount Cases latest

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QRB 501 Week 3 Team Assignment Trade and Cash Discount Cases latest

Purpose of Assignment
The purpose of this assignment is to provide students an opportunity to apply the concepts of trade and cash discounts covered in Ch. 8 to integrated case studies.
Assignment Steps
Resources: Trade and Cash Discount Cases Excel® Template
Save the Trade and Cash Discount Cases Excel® Template to your computer.
Read the instructions on the first tab.
Complete the two Excel® cases located in the template.
Click the Assignment Files tab to submit your assignment.
Case 8.1 Chapter 8 Page 305 of your text
Text: Business Math, Eleventh Edition

Case 8.1 Image Manufacturing’s Rebate Offer

Case 8.3 Chapter 8 Page 306/307 of your text
Text: Business Math, Eleventh Edition

Case 8.3 The Artist’s Palette

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QRB 501 Week 4 Data Analytics Problem Set latest

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QRB 501 Week 4 Data Analytics Problem Set latest

Purpose of Assignment
The purpose of this assignment is to provide students opportunities to reinforce the fundamental topics in data analytics. Through this assignment, students will learn how to read information from bar charts, pie charts, line charts, and frequency distributions. Students will also use Microsoft Excel’s pivot table functionality to create frequency distributions, bar charts, and pie charts. The assignment also includes evaluating basic descriptive statistics using Microsoft Excel®.
Assignment Steps
Resources: Data Analytics Problem Set Excel® Template, Excel® 2016 Essential Training
Save the Data Analytics Problem Set Excel® Template to your computer.
Read the instructions on the first tab.
Complete the twelve exercises located in the template and record your answers in the highlighted spaces.
Format your paper consistent with APA guidelines.
Fifty business students were given a project to complete. The bar graph below shows the number of days it took the students to complete the assignment.
The bar graph below shows the Quarterly Dollar Volume of Batesville Tire Company. Refer to the bar graph below and answer the questions.
The line chart below shows data for Automobile Gasoline Mileage Comparisons for full-size and compact cars. Refer to the chart and answer the questions.
The line chart below shows Dale Crosby’s Salary History. Refer to this chart and answer the questions.
The pie chart below shows the family budget. Refer to the chart and answer the following questions.
The bar chart shows the distribution of tax dollars. Refer to the chart and answer the following questions.
The Canmark Research Center Airport Customer Satisfaction Survey uses an online questionnaire to provide airlines and airports with customer satisfaction ratings for all aspects of the customers’ flight experience (airportsurvey website, July 2012). After completing a flight, customers receive an e-mail asking them to go to the website and rate a variety of factors, including the reservation process, the check-in process, luggage policy, cleanliness of gate area, service by flight attendants, food/beverage selection, on-time arrival, and so on. A five-point scale, with Excellent, Very Good, Good, Fair, and Poor, is used to record customer ratings. Assume that passengers on a delta Airlines flight from Myrtle beach, South Carolina, to Atlanta, Georgia, provided the following ratings for the question, “Please rate the airline based on your overall experience with this flight.” The sample ratings are shown below.
The data below shows the total sales per day of the week by four salespersons. Use Microsoft Excel to construct a line chart (graph)showing total sales by the days of the week for Happy’s Gift Shoppe.
Use Excel to find the mean, median, and mode of the scores given below.
After your MBA, you are employed as a business analyst for a company that makes household products, which are sold by part-time salespersons who work during their spare time. The company has four salespersons employed. Let us denote these salespersons by A, B, C, and D. The sales records (in dollars) for the past 6 weeks for these four salespersons are shown in the table below.
The data below shows personal income for Quarters 2014: II – 2015: III in millions of dollars, seasonally adjusted at annual rate.
Construct a pie chart (circle graph) showing the distribution of market share using the data below. The data represents the percent dollar market of comics and magazine sales for September (Rounded to the nearest whole percent).

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QRB 501 Week 5 Quantitative Techniques in Financial Valuation Problem Set latest

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QRB 501 Week 5 Quantitative Techniques in Financial Valuation Problem Set latest

Purpose of Assignment 

The purpose of this assignment is to provide students an opportunity to practice and learn the time-value of money concepts covered during Week 4. Students will understand how to evaluate future values, present values, interest rates, and time periods for financial investments.

Assignment Steps

Resources: Quantitative Techniques in Financial Valuation Problem Set Excel® Template

Save the Quantitative Techniques in Financial Valuation Problem Set Excel® Template to your computer.

Read the instructions on the first tab.

Complete the twelve exercises located in the template and record your answers in the highlighted spaces.

Format your paper consistent with APA guidelines.

Find the interest paid on a loan of $1,200 for three years at a simple interest rate of 5% per year. How much money will you pay after three years?

Find the maturity value of a loan of $1,750 for 28 months at 9.8% simple interest per year.

Find the simple interest rate of a loan of $5,000 that is made for three years and requires $1,762.50 in interest.

A loan of $16,840 is borrowed at 9% simple interest and is repaid with $4,167.90 interest. What is the duration of the loan?

How much money is borrowed if the interest rate is 9.25% simple interest and the loan is made for 3.5 years and has $904.88 interest?

Find the ordinary and exact interest for a loan of $1000 at a 5% annual interest rate. The loan was made on March 15 and is due May 15.

Find the bank discount and proceeds using ordinary interest for a loan to Michelle Anders for $7,200 at 8.25% annual simple interest from August 8 to November 8.

What is the effective interest rate of a simple discount note for $8,000, at an ordinary bank discount rate of 11%, for 120 days?

What is the effective interest rate for the first year for a loan of $20,000 for three years if the interest is compounded quarterly at a rate of 12%?

Tim Bowling has $20,000 invested for three years at a 5.25% annual rate compounded daily. How much interest will he earn?

The Holiday Boutique would like to put away some of the holiday profits to save for a planned expansion. A total of $8,000 is needed in three years. How much money in a 5.2% three-year certificate of deposit that is compounded monthly must be invested now to have the $8,000 in three years?

Jamie Juarez needs $12,000 in 10 years for her daughter’s college education. How much must be invested today at 2% annual interest compounded semiannually to have the needed funds?

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QRB 501 Week 5 Team Assignment Financial Valuation (Time-Value of Money) Cases latest

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QRB 501 Week 5 Team Assignment Financial Valuation (Time-Value of Money) Cases latest

Purpose of Assignment 

The purpose of this assignment is to provide students an opportunity to apply the concepts of time value of money covered in Ch. 13 to integrated case studies. 

Assignment Steps

Resources: Financial Valuation (Time-Value of Money) Cases Excel® Template

Save the Financial Valuation (Time-Value of Money) Cases Excel® Template to your computer.

Read the instructions on the first tab.

Complete the three cases located in the template.

Click the Assignment Files tab to submit your assignment.

Barry learned in an online investment course that he should start investing as soon as possible. He had always thought that it would be smart to start investing after he finishes college and when his salary is high enough to pay the bills and to have money left over. He projects that will be 5–10 years from now. Barry wants to compare the difference between investing now and investing later. A financial advisor who spoke to Barry suggested that a Roth IRA (Individual Retirement Account) would be a good investment for him to start.


1. If Barry purchases a $2,000 Roth IRA when he is 25 years old and expects to earn an average of 6% per year compounded annually over 35 years (until he is 60), how much will accumulate in the investment?

2. If Barry doesn’t put the money in the IRA until he is 35 years old, how much money will accumulate in the account by the time he is 60 years old using the same return of 6%? How much less will he earn because he invested 10 years later?

3. Barry knows that the interest rate is critical to the speed at which your investment grows. For instance, if $1 is invested at 2% compounded annually, it takes approximately 34.9 years to double. If $1 is invested at 5% compounded annually, it takes approximately 14.2 years to double. Determine how many years it takes $1 to double if invested at 10% compounded annually; at 12% compounded annually.

4. At what interest rate would you need to invest to have your money double in 10 years if it is compounded annually?

AbdolAkhim has just come from a Personal Finance class where he learned that he can determine how much his savings will be worth in the future. Abdol is completing his two-year business administration degree this semester and has been repairing computers in his spare time to pay for his tuition and books. Abdol got out his savings records and decided to apply what he had learned. He has a balance of $1,000 in a money market account at First Savings Bank, and he considers this to be an emergency fund. His instructor says that he should have 3–6 months of his total bills in an emergency fund. His bills are currently $700 a month. He also has a checking account and a regular savings account at First Savings Bank, and he will shift some of his funds from those accounts into the emergency fund. One of Abdol’s future goals is to buy a house. He wants to start another account to save the $8,000 he needs for a down payment.

1. How much interest will Abdol receive on $1,000 in a 365-day year if he keeps it in the money market account earning 1.00% compounded daily?

2. How much money must Abdol shift from his other accounts to his emergency fund to have four times his monthly bills in the account by the end of the year?

3. Abdol realizes he needs to earn more interest than his current money market can provide. Using annual compounding on an account that pays 5.5% interest annually, find the amount Abdol needs to invest to have the $8,000 down payment for his house in 5 years.

4.  Is 5.5% a realistic rate for Abdol to earn in a relatively short-term investment of 5 years, particularly at his bank?

At 45 years of age, Seth figured he wanted to work only 10 more years. Being a full-time landlord had a lot of advantages: cash flow, free time, being his own boss—but it was time to start thinking toward retirement. The real estate investments that he had made over the last 15 years had paid off handsomely. After selling a duplex and paying the associated taxes, Seth had $350,000 in the bank and was debt-free. With only 10 years before retirement, Seth wanted to make solid financial decisions that would limit his risk exposure. Fortunately, he had located another property that seemed to meet his needs— a well maintained four-unit apartment. The price tag was $250,000, well within his range, and the apartment would require no remodeling. Seth figured he could invest the other $100,000, and between the two hoped to have $1 million to retire on by age 55.

1. Seth read an article in the local latestspaper stating the real estate in the area had appreciated by 5% per year over the last 30 years. Assuming the article is correct, what would the future value of the $250,000 apartment be in 10 years?

2. Seth’s current bank offers a 1-year certificate of deposit account paying 2% compounded semiannually. A competitor bank is also offering 2%, but compounded daily. If Seth invests the $100,000, how much more money will he have in the second bank after one year, due to the daily compounding?

3. After looking at the results from questions 1 and 2, Seth realizes that a 2% return in a certificate of deposit will never allow him to reach his goal of $1 million in 10 years. Presuming his apartment will indeed be worth $400,000 in 10 years, compute the future value of Seth’s $100,000 investment using a 10%, 15%, and 20% return compounded semiannually for 10 years. Will any of these rates of return allow him to accomplish his goal of reaching $1 million by age 55?

4. A friend of Seth’s who is a real estate developer needs to borrow $80,000 to finish a development project. He is desperate for cash and offers Seth 18%, compounded monthly, for 2.5 years. Find the future value of the loan.

5. After purchasing the apartment, Seth receives a street, sewer, and gutter assessment for $12,500 due in 2 years. How much would he have to invest today in a CD paying 2%, compounded semiannually, to fully pay the assessment in 2 years?

 

QRB 501 Week 6 Signature Assignment Case 1 latest

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QRB 501 Week 6 Signature Assignment Case 1 latest

Case 1

Scenario: Cloud Data Services (CDS), headquartered in Memphis, provides information technology services, specifically application hosting services in the cloud for several clients in the southern United States. CDS hosts software applications on their network servers. While CDS has achieved great success and customers rate CDS’s services highly, lately, some customers have been complaining about downtime on one of the primary network servers. The given dataset, found in the Signature Assignment Excel® Template, contains the downtime data for the month of November.

Use the data analytics skills learned in Week 3 and analyze the downtime data.

Make a short presentation to CDS’s management on a single worksheet in your Excel® file including the following:

Using Microsoft® Excel® Pivot Tables, construct a frequency distribution showing the number of times during the month that the server was down for each downtime cause category.

Develop a bar chart that displays the data from the frequency distribution in part 1.

Develop a pie chart that breaks down the percentage of total downtime that is attributed to each downtime cause during the month.

Evaluate the mean, median, standard deviation, and variance of the downtime minutes for the month of November.

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QRB 501 Week 6 Signature Assignment Case 2 latest

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QRB 501 Week 6 Signature Assignment latest

Case 2

About Your Signature Assignment

This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignment may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.

Purpose of Assignment

The purpose of this assignment is for students to synthesize the concepts learned throughout the course, provide students an opportunity to build critical thinking skills, develop businesses and organizations, and solve problems that require data.

Assignment Steps

Note: Although you will be studying the concept of CPI in more detail in your future ECO/561 class, for the purpose of this case, you need to use the concepts of percentages, percentage increase/decrease, and creating and interpreting line charts to compute the inflation rate in the US economy and determine which time period experienced the highest inflation rate.

Follow the steps below to complete this signature assignment:

1.      Search for the Federal Reserve Bank of St. Louis (FRED).

2.      On the home page of the website, you will see a search box.

3.      Type in CPI- AUCSL in the search box and press the return key.

4.      The first result of the search will be “Consumer Price Index for All Urban Consumers: All Items.” Click on this result link.

5.      Click on the Download link and download the data in Excel®.

6.      On the Excel® file, the second column gives you the CPI values for each period starting from 1947.

7.      Go to the last row and notice the last date and the CPI value. Go back 6 years from this last date. For example, if the last date is 2016-11-01, then the date 6 years ago would be 2010-11-01.

8.      Copy and paste this six years data into a separate Excel® tab.

9.      Using Excel®, calculate the percentage change in CPI from a year earlier for each observation, beginning with the observation one year later than the first observation. To make this calculation, click on the blank cell next to the observation corresponding to that date and then use Formula 1, located in the Signature Assignment Excel® Formulas document (note that in Excel®, the symbol for multiplication is *), where t-1 is the first observation and t is the observation one year later. For example, to find the percentage change in CPI from 2010-11-01 to 2010-10-01, refer to Formula 2 located in the Signature Assignment Excel® Formulas document. Convert this value to a percentage in Excel®. Repeat this process for the remaining observations (you can use the copy and paste functions to avoid having to retype the formula).

10.  This latest column contains the national inflation rate.

11.  Create a line graph of the percentage changes (inflation rates) from a year earlier.

12.  Which period experienced the highest inflation rate? What was the inflation rate during that period?

Format your paper consistent with APA guidelines.