Answers to Chapter 3 Exercises 3.1. DRAM factory. You own and operate a facility located in Taiwan that manufactures 64-megabit dynamic random-access memory chips (DRAMs) for personal computers (PCs). One year ago you acquired the land for this facility for $2 million‚ and used $3 million of your own money to finance the plant and equipment needed for DRAM manufacturing. Your facility has a maximum capacity of 10 million chips per year. Your cost of funds is 10% per year for either borrowing
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Chapter 1 Exercise What is free software? List three characteristics of free software. Free software is code that is available for free to everyone‚ but it is also free in the sense that it can be used and altered freely to the user’s desires. It is free to be studied‚ redistributed‚ and modified. Why is Linux popular? Why is it popular in academia?Due to the operating system’s distribution among universities‚ students were able to become used to it’s sophisticated developing environment which
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Chapter 8: Aggregate Planning in a Supply Chain Exercise Solutions : We define a comprehensive set of decision variables that are utilized in problems 8-1 to 8-3 depending on the problem context. Decision Variables: Ht = # of workers hired in month t (t = 1‚..‚12) Lt = # of workers laid-off in month t (t = 1‚..‚12) Wt = # of workers employed in month t (t = 1‚..‚12) Ot = # of hours of overtime in month t (t = 1‚..‚12) It = # of units (000s) held in inventory at the end of month t (t = 1‚..
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Chapter 13: Determining Optimal Level of Product Availability Exercise Solutions 1. 0.2941 Optimal lot-size == NORMINV(0.2941‚100‚40) = 78.34 Given that p = $200‚ s = $30‚ c = $150: Expected profits = (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 1) – (p – s) NORMDIST((O – )/‚ 0‚ 1‚ 0) – O (c – s) NORMDIST(O‚ ‚ ‚ 1) + O (p – c) [1 – NORMDIST(O‚ ‚ ‚ 1)] = $2‚657 Expected overstock = (O – )NORMDIST((O – )/‚ 0‚ 1‚ 1) + NORMDIST((O – )/‚ 0‚ 1‚ 0) = 7.41 Expected understock = ( – O)[1 –
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CHAPTER 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment ANSWERS to Review Questions 1-1 The explosion in e-commerce will affect managerial accounting in significant ways. One effect will be a drastic reduction in paper work. Millions of transactions between businesses will be conducted electronically with no hard-copy documentation. Along with this method of communicating for business transactions comes the very significant issue of information security. Businesses
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CHAPTER 0NE: ANSWER QUESTION ONE: The definition of marketing is the process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return. Furthermore‚ it is more than just “telling and selling” because the marketing now is in the sense of satisfying customer needs. This means if the marketer understands consumer needs and develops the products that provide superior customer value‚ prices‚ distributes and promotes them
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Ivan S. Gonzales April 16‚ 2015 NT1430 Unit 1 Chapter Exercise Chapter 1‚ pp. 20-21‚ Exercises 1‚ 4 1. What is free software? List three characteristics of free software. Free software is code that is available for free to everyone. It is free to be studied‚ redistributed‚ and modified. 4. What is the Free Software Foundation/GNU? What is Linux? Which parts of the Linux operating system did each provide? Who else has helped build and refine this operating system? The GNU is a completely free
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Answers to Questions for Review 1. (Market Structure) Define market structure. What factors are considered in determining the market structure of a particular industry Market structure refers to the important features that determine the level of competition in an industry. These factors include (a) the number of buyers and sellers‚ (b) the products degree of uniformity‚ (c) the ease with which new firms enter or old firms exit the market‚ and (d) the ways in which firms in the industry compete
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UNITS 1 – 10 Chapter Exercises: Linux Networking NT 1430 By S September 21‚ 2014 • Chapter 1 pg. 20 – 21 ‚ Exercises 1‚ 4 1. What is free software? List three characteristics of free software. Free software‚ in reference to Linux‚ is a matter of free liberty not price‚ as in “free speech”. Linux is free to study‚ redistribute and modify the source code as we see fit. 4. What is the Free Software Foundation/GNU? What is Linux? Which parts of the Linux operating system did each provide
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Chapter 1: Laws and Law Makers That Affect Business in Canada Exercises True or False? 1. Laws promote certainty and predictability because they never change. (F) 2. A company may freely disclose how it broke the law to its lawyer‚ because this type of communication may not be used as evidence against the company in court. (T) 3. A purpose of a legal risk-management plan is to reduce the risk of being sued and to reduce the amount of liability in the event of a lawsuit. (T) 4. The Canadian
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