(Peleg 1991) In the 17th century, some communities in Eastern Europe employed a voting method that recognized the fact that popular interests and the interests of the wealthy or propertied often diverge. To address both of these "constituencies", it was decided that collective decisions should be subject to both voting by "count" and "account", that is, a decision should receive a majority of the popular vote and a majority of the vote in which propertied interests vote in proportion to their wealth. Formally, consider two voting games v and w. In v a coalition S is winning (v(S) = 1) if it constitutes a majority of N, and in w, S is winning if it possesses over half the aggregate wealth. Then overall, S is winning if the product v(S)w(S) = 1. Consider a 3 player example in which wealth is distributed as follows: Player 1 50 Player 2 200 Player 3 350 a. Identify the winning coalitions in the product game vw. b. Compute the Shapley value of the component games and the product game, and discuss the distribution of power in each. c. Alternatively, consider the "sum" (v+w). Compute the Shapley value of (v+w) and contrast that with the product game vw.

Standardization is associated with which of the following management orientations? a) ethnocentric orientation b) polycentric orientation c) regiocentric orientation d) geocentric orientation

Sweeten company had no jobs in progress at the beginning of march and no beginning inventories. the company has two manufacturing departments--molding and fabrication. it started, completed, and sold only two jobs during march—job p and job q. the following additional information is available for the company as a whole and for jobs p and q (all data and questions relate to the month of march): molding fabrication total estimated total machine-hours used 2,500 1,500 4,000 estimated total fixed manufacturing overhead $ 10,000 $ 15,000 $ 25,000 estimated variable manufacturing overhead per machine-hour $ 1.40 $ 2.20 job p job q direct materials $ 13,000 $ 8,000 direct labor cost $ 21,000 $ 7,500 actual machine-hours used: molding 1,700 800 fabrication 600 900 total 2,300 1,700 sweeten company had no underapplied or overapplied manufacturing overhead costs during the month. required: for questions 1-8, assume that sweeten company uses a plantwide predetermined overhead rate with machine-hours as the allocation base. for questions 9-15, assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. 1. what was the company’s plantwide predetermined overhead rate? (round your answer to 2 decimal places.) next

Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?