ACC 305 Week 9 Assignment 1 

Full Disclosure in Financial Reporting: Verizon Communications

Due Week 9 and worth 200 points

According to the textbook, the goal of financial reporting is to report financial information that is transparent and complete and truthfully report the financial performance of a company. Investors and other interested parties need to read and understand all aspects of financing reporting.

Use the Internet to research Verizon Communications’ financial statements, annual report, notes to the financial statements, president’s letter, and management discussion and analysis from the most recent year in order to complete this assignment.

Write a five to six (5-6) page paper in which you:

1. 1.     Discuss the disclosure requirement on accounting policies, and identify at least two (2) examples of the most commonly required disclosure. Explain the key ways in which the examples you provided are useful to financial statement users. Analyze Verizon Communications’ disclosure on accounting policies, and give your opinion on whether or not the information is helpful for decision making. Provide a rationale for your response.


2. 2.     Explain the importance of the management discussion and analysis section of an annual report.  Select three (3) items from Verizon’s management and discussion analysis of the annual report that could be useful to potential investors. Provide three (3) specific examples of how the three (3) items you selected could influence a potential investor’s decision to invest in Verizon.  


3. 3.     Describe segmented information, and explain the way in which companies determine segments. Identify at least three (3) advantages and three (3) disadvantages of segmented financial data. Give your opinion on whether or not the advantages outweigh the disadvantages. Outline the manner in which Verizon segments its financial data. Suggest key actions that Verizon’s management can take in order to improve the company’s segmented financial data. Provide a rationale for your response.


4. 4.     Analyze the various types of auditor’s reports, and determine the impact that the auditor’s report has on a company’s ability to obtain financing from a bank. Identify the type of auditor’s report issued on Verizon, and speculate the manner in which you believe banks will perceive Verizon’s auditor’s report. 


5. 5.     Use at least two (2) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

• Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.


• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

• Analyze and explain the requirements for full disclosure in financial reporting.


• Evaluate the importance and impact of full disclosure or non-disclosure in accounting practices.


• Use technology and information resources to research issues in intermediate accounting.

Write clearly and concisely about intermediate accounting using proper writing mechanics.

Course Home Work aims to provide quality study notes and tutorials to the students of ACC 305 Week 9 Assignment 1: Full Disclosure in Financial Reporting – Verizon Communications in order to ace their studies.

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ACC 305 Week 9 Assignment 1: Full Disclosure in Financial Reporting – Verizon Communications

Course Home Work,ACC 305 Week 9 Assignment 1: Full Disclosure in Financial Reporting – Verizon Communications, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting),  ACCT 344 (Entire Course) – Devry, ACCT 344 Final Exam Latest 2014 – Devry,  ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 – Grantham, BA 225, BA 260, BA 265 (Business Law II), BA 265 (Business Law II) FINAL EXAM, BA 340 All Course Assignments, BA 340 Human Resource, BA 370 (Employment Law), BA 405 Multinational Management, BA 470 Week 3 – 5 – 6 – 7, BA 470 Entrepreneurship, BA350 Principles Of Finance, BIS 155 Final Exam – DeVry, BIS 220 Final Exam, BSOP 429, BSOP 434 Entire Course – Devry, BUS 303 Week 2, BUS 303 Week 3, BUS 303 Week 5, BUS 311 Business Law, BUS 330 Week 1, BUS 330 Week 3, BUS 330 Week 5, BUS 401 Week 4 DQ 1, BUS 401 Week 4 DQ 2, BUS 402 WEEK 4, BUS 405 (Principles of Investment), BUS 475, BUS 475 Final Exam 100 MCQS, BUS 475 Final Exam 600 MCQS, BUS 599 (STRAYER), BUS 599 Assignment, BUS 620 Week 4, BUS 640 Week 1, BUS499 Asignment 4, BUS508 Asignment 1, BUS499 Assignment 3

ACC 305 Week 9 Assignment 1

ACC 100 Assignment 1 Careers in Accounting

Assignment 1: Careers in Accounting

Due Week 8 and worth 240 points

Accounting is the study of how businesses track their income and assets over time. Accountants engage in a wide variety of activities besides preparing financial statements and recording business transactions. These activities include computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.

Use the Internet or the Strayer Online database to research career options within the accounting field and accounting job postings in your local area to respond to the questions in the assignment.

Write a one to two (1-2) page paper in which you:

Describe at least two (2) career options someone with an accounting education can pursue. Be sure to reference sources such as the Bureau of Labor Statistics and the American Institute of Certified Public Accountants.
Describe one (1) researched accounting position, and explain the essential skills that would make a candidate successful in the position. Articulate the primary manner in which the researched accounting positions could add value to the company seeking candidates.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

Identify and explain the fundamental concepts and principles in accounting, the components of the accounting equation, the primary financial accounting equation, and financial statements and reports.

Use technology and information resources to research issues in financial accounting.

Write clearly and concisely about financial accounting using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

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ACC 100 Assignment 1 Careers in Accounting – Strayer Latest

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ACC 100 Assignment 1 Careers in Accounting

MAT 510 Week 1 Homework Assignment 1

MAT510 Homework Assignment 1 Strayer

Due in Week 1 and worth 30 points

Describe a work task, a hobby, or another activity that you regularly do, and sequentially list the various actions you take in order to complete this activity. Consider the complexity of your list and the amount of steps required to complete the activity.

Answer the following questions in the space provided below:

1. Differentiate the main actions between doing and improving your activities.


2. Determine the overall manner in which variation has affected your activities.

Activity Mode aims to provide quality study notes and tutorials to the students of MAT 510 Week 1 Homework Assignment 1 in order to ace their studies.

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MAT 510 Week 1 Homework Assignment 1

MAT 510 Week 2 Homework Assignment 2

MAT510 Homework Assignment 2 Strayer

Due in Week 2 and worth 30 points

Answer the following questions in the space provided below:

Explain the importance of variation to health-care organizations and answer the following questions.

1. a.     What might be the key processes for health-care organizations?


2. b.     key processes of health-care organizations What are the potential common causes of variation that would have an impact on the?


3. c.     What special causes might be more important than the others?


4. d.     How might health-care organizations’ business environment be dynamic and change over time?

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MAT 510 Week 2 Homework Assignment 2

MAT 510 Week 3 Homework Assignment 3

MAT510 Homework Assignment 3 Strayer

Due in Week 3 and worth 30 points

The following data consists of the actual time used and potential (the best time possible for this review process) to complete each step in the review process. The actual times are based on the review of 30 projects. The potential times are subjective engineering judgment estimates.

Table: Basic Data Review for Construction Project Equipment Arrangement

			Cycle Time (hours)
Step	Description	Actual	Potential	Difference
1	Read basic data package	4	4	—
2	Write, type, proof, sign, copy, and distribute cover letter	21.9	0.5	21.4
3	Queue	40	0	40
4	Lead engineer calls key people to schedule meeting	4	0.25	3.75
5	Write, type, proof, sign, copy, and distribute confirmation letter	25.4	2.1	23.3
6	Hold meeting; develop path forward and concerns	4	4	—
7	Project leader and specialist develop missing information	12	12	—
8	Determine plant preferred vendors	12	12	—
9	Review notes from meeting	12	12	—
10	Resolve open issues	106	104	2
11	Write, type, proof, sign, copy, and distribute basic data acceptance letter	26.5	0.25	26.25
	Totals	267.8	151.1	116.7

Use the data in the table above and answer the following questions in the space provided below:

1. What are the sources of value-added and non-value-added work in this process?


2. Where are the main opportunities to improve the cycle time of this process, with respect to both actual time used and the potential best times? What strategy would you use?


3. Step 10: Resolve Open Issues required 104 hours (potential) versus 106 hours (actual). Is there an OFI here? Why or why not? If so, how would you attack it?


4. What do you think are the most difficult critical issues to deal with when designing a sound cycle time study such as this one?

Activity Mode aims to provide quality study notes and tutorials to the students of MAT 510 Week 3 Homework Assignment 3 in order to ace their studies.

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MAT 510 Week 3 Homework Assignment 3

MAT 510 Week 5 Midterm Exam 2 Sets

MAT510 Week 5 Midterm Exam 2 Summer 2015 and Fall 2015

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MAT 510 Week 5 Midterm Exam 2 Sets

ENGLISH COM 1 Essay 2 and Essay 3

Essay 2 about 850 words

and

Essay 3 about 1500 words.

 

Deadline 25th Nov 2015

ENGLISH COM 1 Essay 2 and Essay 3

MAT 510 Week 8 Homework Assignment 7

MAT510 Homework Assignment 7 Strayer

Due in Week 8 and worth 30 points

The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.

Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation. New York: McGraw-Hill, 1991)

Use the date in table above and answer the following questions in the space provided below:

1. 1.     What is the nature of the effects of the factors studied in this experiment?


2. 2.    What strategy would you use to reduce invoice errors, given the results of this experiment?

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MAT 510 Week 8 Homework Assignment 7

MAT 510 Week 4 Homework Assignment 4

MAT510 Homework Assignment 4 Strayer

Due in Week 4 and worth 30 points

Discuss one (1) project where you used a problem-solving approach to address what turned out to be common-cause variation, or where you used a process improvement approach to deal with a special cause.

If you do not have a personal experience that echoes either of these situations, you may use Internet to search for a case that reflects either of these situations.

Examples:

• one’s personal investment strategy since 2008


• reducing waiting times at the local hospital or emergency room


• reducing difficulties trying to connect to a Wi-Fi Internet provider

Answer the following questions in the space provided below:

1. 1.     Describe the experience in the project.


2. 2.     What were the solutions used to address the problem?


3. 3.     Was the case you described a special-cause or common-cause?


4. 4.     Do you feel the solution or approach used appropriate for the cause?


5. 5.     What would you do if you could do it again?


6. 6.     What conclusions can you draw from the problem-solving or process-improvement techniques?

Note: You may create and / or make all necessary assumptions needed for the completion of this assignment. In your original work, you may use aspects of existing processes from either your current or a former place of employment. However, you must remove any and all identifying information that would enable someone to discern the organization(s) that you have used.

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MAT 510 Week 4 Homework Assignment 4

BUS 309 and ECO 100 Custom Work

Deadline 29th November 2015

 

BUS 309 and ECO 100 Custom Work

PROJ 586 Week 5 Project Custom

Deadline 29th November 2015

risk matrix and response plans

This template is to be used for identifying risks and creating plans for how to avoid them (negative risks) or how to make them happen (positive risks) and what to do if they happen (contingency plans) and managing them throughout the project.

The first sheet, titled Risk Register, shows a number of fields to use for gathering the following information about risks.

Risk ID is some unique value that identifies the risk.

Risk Name is a short description of the risk.

Risk Description “If this risk occurs, then what impact will it have on the project?” It should be written as an “If, then” statement.

Impact as rated on a very low, low, medium, high, and very high scale.

Probability as rated on a very low, low, medium, high, and very high scale.

Risk Ranking: Using the risk matrix found on the right on the Risk Register sheet, detemine the color code (risk ranking) for each risk.

Positive/Negative: Is this risk a positive risk (an opportunity) or a negative risk?

Proactive Response Plan is a detailed plan of what changes will be made to the project, project scope, and/or WBS proactively to try to make the risk happen (positive risk) or stop it if it is a negative risk.

Trigger Event is a description of how you will know if the risk has occurred or is about to occur.

Reactive Contingency Plan is the description of what you plan to do if the risk happens. How will you react to the risk once it occurred?

PROJ 586 Week 5 Project Custom

ENGL 112 Week 5

Perspective Prewriting with Perspective Summary Week 5 DeVry

Your assignment this week asks you to choose your Commentary topic, issue, and angle, and to begin understanding how your own position fits into the larger conversation. To accomplish this overall goal, you’ll need to begin by reviewing viable topics, listening to the conversations surrounding them, and ultimately determining which topic is most fitting for the assignment needs….

What is your chosen topic, and how did you come across it?

Why is it interesting to you?

What do you personally hope to gain or accomplish by writing about this topic?    

 

ENGL 112 Week 5

PROJ 586 Week 5 Project Custom

Deadline 29th November 2015

risk matrix and response plans

This template is to be used for identifying risks and creating plans for how to avoid them (negative risks) or how to make them happen (positive risks) and what to do if they happen (contingency plans) and managing them throughout the project.

The first sheet, titled Risk Register, shows a number of fields to use for gathering the following information about risks.

Risk ID is some unique value that identifies the risk.

Risk Name is a short description of the risk.

Risk Description “If this risk occurs, then what impact will it have on the project?” It should be written as an “If, then” statement.

Impact as rated on a very low, low, medium, high, and very high scale.

Probability as rated on a very low, low, medium, high, and very high scale.

Risk Ranking: Using the risk matrix found on the right on the Risk Register sheet, detemine the color code (risk ranking) for each risk.

Positive/Negative: Is this risk a positive risk (an opportunity) or a negative risk?

Proactive Response Plan is a detailed plan of what changes will be made to the project, project scope, and/or WBS proactively to try to make the risk happen (positive risk) or stop it if it is a negative risk.

Trigger Event is a description of how you will know if the risk has occurred or is about to occur.

Reactive Contingency Plan is the description of what you plan to do if the risk happens. How will you react to the risk once it occurred?

PROJ 586 Week 5 Project Custom

BUS 309 and ECO 100 Custom Work

Deadline 29th November 2015

 

BUS 309 and ECO 100 Custom Work

HUM 112 Quizzes Bundle

HUM 112 Week 2 Quiz 1

HUM 112 Week 3 Quiz 2

HUM 112 Week 4 Quiz 3

HUM 112 Week 5 Quiz 4

HUM 112 Week 6 Quiz 5

HUM 112 Week 7 Quiz 6

HUM 112 Week 8 Quiz 7

HUM 112 Week 9 Quiz 8

HUM 112 Week 10 Quiz 9

HUM 112 Week 11 Quiz 10

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HUM 112 Quizzes Bundle

Course Home Work, HUM 112 Quizzes Bundle, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting),  ACCT 344 (Entire Course) – Devry, ACCT 344 Final Exam Latest 2014 – Devry,  ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 – Grantham, BA 225, BA 260, BA 265 (Business Law II), BA 265 (Business Law II) FINAL EXAM, BA 340 All Course Assignments, BA 340 Human Resource, BA 370 (Employment Law), BA 405 Multinational Management, BA 470 Week 3 – 5 – 6 – 7, BA 470 Entrepreneurship, BA350 Principles Of Finance, BIS 155 Final Exam – DeVry, BIS 220 Final Exam, BSOP 429, BSOP 434 Entire Course – Devry, BUS 303 Week 2, BUS 303 Week 3, BUS 303 Week 5, BUS 311 Business Law, BUS 330 Week 1, BUS 330 Week 3, BUS 330 Week 5, BUS 401 Week 4 DQ 1, BUS 401 Week 4 DQ 2, BUS 402 WEEK 4, BUS 405 (Principles of Investment), BUS 475, BUS 475 Final Exam 100 MCQS, BUS 475 Final Exam 600 MCQS, BUS 599 (STRAYER), BUS 599 Assignment, BUS 620 Week 4, BUS 640 Week 1, BUS499 Asignment 4, BUS508 Asignment 1, BUS499 Assignment 3

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HUM 112 Quizzes Bundle

HUM 112 All Weeks DQs New

HUM 112 Week 1 – DQs

HUM 112 Week 2 – DQs

HUM 112 Week 3 – DQs

HUM 112 Week 4 – DQs

HUM 112 Week 5 – DQs

HUM 112 Week 6 – DQs

HUM 112 Week 7 – DQs

HUM 112 Week 8 – DQs

HUM 112 Week 9 – DQs

HUM 112 Week 10 – DQs

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HUM 112 All Weeks DQs New

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HUM 112 All Weeks DQs New

ENGLISH COM 1 Essay 2 and Essay 3

Essay 2 about 850 words

and

Essay 3 about 1500 words.

 

Deadline 25th Nov 2015

ENGLISH COM 1 Essay 2 and Essay 3

MAT 510 Week 8 Homework Assignment 7

MAT510 Homework Assignment 7 Strayer

Due in Week 8 and worth 30 points

The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.

Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation. New York: McGraw-Hill, 1991)

Use the date in table above and answer the following questions in the space provided below:

1. 1.     What is the nature of the effects of the factors studied in this experiment?


2. 2.    What strategy would you use to reduce invoice errors, given the results of this experiment?

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MAT 510 Week 8 Homework Assignment 7

MAT 510 Week 4 Homework Assignment 4

MAT510 Homework Assignment 4 Strayer

Due in Week 4 and worth 30 points

Discuss one (1) project where you used a problem-solving approach to address what turned out to be common-cause variation, or where you used a process improvement approach to deal with a special cause.

If you do not have a personal experience that echoes either of these situations, you may use Internet to search for a case that reflects either of these situations.

Examples:

• one’s personal investment strategy since 2008


• reducing waiting times at the local hospital or emergency room


• reducing difficulties trying to connect to a Wi-Fi Internet provider

Answer the following questions in the space provided below:

1. 1.     Describe the experience in the project.


2. 2.     What were the solutions used to address the problem?


3. 3.     Was the case you described a special-cause or common-cause?


4. 4.     Do you feel the solution or approach used appropriate for the cause?


5. 5.     What would you do if you could do it again?


6. 6.     What conclusions can you draw from the problem-solving or process-improvement techniques?

Note: You may create and / or make all necessary assumptions needed for the completion of this assignment. In your original work, you may use aspects of existing processes from either your current or a former place of employment. However, you must remove any and all identifying information that would enable someone to discern the organization(s) that you have used.

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MAT 510 Week 4 Homework Assignment 4

MAT 510 Week 1 Homework Assignment 1

MAT510 Homework Assignment 1 Strayer

Due in Week 1 and worth 30 points

Describe a work task, a hobby, or another activity that you regularly do, and sequentially list the various actions you take in order to complete this activity. Consider the complexity of your list and the amount of steps required to complete the activity.

Answer the following questions in the space provided below:

1. Differentiate the main actions between doing and improving your activities.


2. Determine the overall manner in which variation has affected your activities.

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MAT 510 Week 1 Homework Assignment 1

MAT 510 Week 2 Homework Assignment 2

MAT510 Homework Assignment 2 Strayer

Due in Week 2 and worth 30 points

Answer the following questions in the space provided below:

Explain the importance of variation to health-care organizations and answer the following questions.

1. a.     What might be the key processes for health-care organizations?


2. b.     key processes of health-care organizations What are the potential common causes of variation that would have an impact on the?


3. c.     What special causes might be more important than the others?


4. d.     How might health-care organizations’ business environment be dynamic and change over time?

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MAT 510 Week 2 Homework Assignment 2

MAT 510 Week 3 Homework Assignment 3

MAT510 Homework Assignment 3 Strayer

Due in Week 3 and worth 30 points

The following data consists of the actual time used and potential (the best time possible for this review process) to complete each step in the review process. The actual times are based on the review of 30 projects. The potential times are subjective engineering judgment estimates.

Table: Basic Data Review for Construction Project Equipment Arrangement

			Cycle Time (hours)
Step	Description	Actual	Potential	Difference
1	Read basic data package	4	4	—
2	Write, type, proof, sign, copy, and distribute cover letter	21.9	0.5	21.4
3	Queue	40	0	40
4	Lead engineer calls key people to schedule meeting	4	0.25	3.75
5	Write, type, proof, sign, copy, and distribute confirmation letter	25.4	2.1	23.3
6	Hold meeting; develop path forward and concerns	4	4	—
7	Project leader and specialist develop missing information	12	12	—
8	Determine plant preferred vendors	12	12	—
9	Review notes from meeting	12	12	—
10	Resolve open issues	106	104	2
11	Write, type, proof, sign, copy, and distribute basic data acceptance letter	26.5	0.25	26.25
	Totals	267.8	151.1	116.7

Use the data in the table above and answer the following questions in the space provided below:

1. What are the sources of value-added and non-value-added work in this process?


2. Where are the main opportunities to improve the cycle time of this process, with respect to both actual time used and the potential best times? What strategy would you use?


3. Step 10: Resolve Open Issues required 104 hours (potential) versus 106 hours (actual). Is there an OFI here? Why or why not? If so, how would you attack it?


4. What do you think are the most difficult critical issues to deal with when designing a sound cycle time study such as this one?

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MAT 510 Week 3 Homework Assignment 3

MAT 510 Week 5 Midterm Exam 2 Sets

MAT510 Week 5 Midterm Exam 2 Summer 2015 and Fall 2015

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MAT 510 Week 5 Midterm Exam 2 Sets

MAT 510 Week 6 Homework Assignment 5

MAT510 Homework Assignment 5 Strayer

Due in Week 6 and worth 30 points

The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.

Table: Country Code and OTR Cycle Time for Software Systems Installation

Country Code	Cycle Time	Country Code	Cycle Time
1	20	5	29
1	24	6	40
1	46	7	157
1	26	8	19
14	38	5	24
1	15	1	81
1	15	7	53
17	23	7	26
1	31	1	28
1	31	1	34
6	64	1	34
5	29	7	50
5	44	1	52
1	32	1	19
1	15	1	44
7	11	14	150
7	14	7	29
1	89	17	23
17	41	6	79
7	41	17	13
1	36	6	32
8	43	7	61
17	21	8	42
8	28	8	46
7	18	7	88
8	47	14	24
6	26	7	7
6	47	1	33
5	9	5	129
7	42	17	41
5	5	17	43
6	27	14	42
6	27	14	42
1	33	7	53
7	44	7	53
1	21	7	48
1	22	5	21
1	50	1	19

 Use the date in table above and answer the following questions in the space provided below:

1. Does the OTR time appear to be stable? Why or why not?


2. If you were to use a control chart to evaluate stability, which chart would you use? Why?


3. What can you learn about the distribution of the installation process?


4. Does it appear that the country has an impact on installation time? Why or why not?

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MAT 510 Week 6 Homework Assignment 5

MAT 510 Week 7 Homework Assignment 6

MAT510 Week 7 Homework Assignment 6 Strayer

Due in Week 7 and worth 30 points

The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change.

Table: Insurance Claim Approval Times (days)

Old Process			New Process
Week	Elapsed Time		Week	Elapsed Time
1	31.7		13	24
2	27		14	25.8
3	33.8		15	31
4	30		16	23.5
5	32.5		17	28.5
6	33.5		18	25.6
7	38.2		19	28.7
8	37.5		20	27.4
9	29		21	28.5
10	31.3		22	25.2
11	38.6		23	24.5
12	39.3		24	23.5

Use the date in table above and answer the following questions in the space provided below:

1. What was the average effect of the process change? Did the process average increase or decrease and by how much?


2. Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.


3. How does this model measure the effect of the process change?


4. How much did the process performance change on the average? (Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)

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MAT 510 Week 7 Homework Assignment 6