Why is the population of inmates at correction centers high at New Jersey correction facilities? Is it a problem with the Justice System that is being partial or rendering harsh sentences for offenses? Are correction policies and procedures effective and efficient? Is it a problem with the economy and social life of New Jersey that making Corrections a problem in the State?

1. The type of Capstone paper is policy analysis.
2. Identify your research question.
1. Write a 1- to 2-page rationale for your research question, including why the question is relevant to public administration, public policy, or nonprofit management and leadership.
3. Literature Review
1. Write a 12- to 14-page literature review that includes a minimum of 20–25 relevant scholarly articles, research reports, and/or other academic sources. Be sure to follow the literature review guidelines provided in the Machi and McEvoy text.
4. Types of Data and Research Methods
1. Write 4–5 pages explaining the types of data that may help you answer your research question, including which research method might be best if you were to collect data.
5. Conclusions and Recommendations
1. Write 3–4 pages explaining conclusions you might make, based on the analysis of the literature you found and your proposed research. Include recommendations, as well as how you might disseminate this information to stakeholders.

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1. What makes timber an attractive potential investment?
2. Look at Figure 1. Why would the efficient frontier move upward upon inclusion of timber assets in the portfolio?
3. Summarize the supply and demand conditions in the global timber markets? What threats could affect the supply and demand?
4. How could political and other risks associated with a Honduran investment affect the cost of capital estimate? What is your estimate of cost of capital?
5. Calculate the relevant cash flows for the teak plantation investment.
6. Using these cash flows, compute the NPV, MIRR and equivalent annual annuity (EAA) for the two proposed life cycles.
7. Conduct sensitivity and scenario analysis on the key variables.
8. Would you recommend that CGT invest in Beyond Forestry’s teak plantation?

Please use the following format:

The case study has two parts. Exhibits, etc. should be included if necessary.

1. Executive Summary (required for all assignments, not to exceed three double-spaced pages)
   1. Introduction: Here, you will provide general background information for the case and introduce the main issue. This should be a single, short paragraph. Use your own words, not words from the case author.
   2. Problem statement: Isolate the key issues from the case. When possible, quantify the problem (for example, “The Acme Company does not have sufficient capacity to meet the forecasted demand of 10 million units per year”.) This should be a few sentences at most combined into a paragraph.
   3. Environmental Analysis: Use up to two pages to succinctly describe the various issues that need to be considered. This is where you can summarize your analysis and incorporate the relative strengths and weaknesses. Discuss resources, market forces, competition, technology, etc.
   4. Alternative Strategies: As appropriate, outline the two or three possible approaches that a manager can take. There does not need to be an exhaustive and comprehensive analysis of each, but a recognition that there is rarely one solution to a problem. This is your opportunity to demonstrate clear and logical reasoning.
   5. Recommendations: Identify your selected strategy from the choices presented in section D. Here is where you should elaborate on the reasoning for your choice. Your strategy must be stated specifically and also be possible for the manager to implement.
2. Exhibits, tables, financial analysis and formulas (when necessary): If your case write-up references new calculations or quantitative analysis, you should prepare formal exhibits, tables, financial analyses and worked out formulas. These should be prepared professionally (i.e. not hand-written), ordered logically, numbered and referenced in the executive summary.

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