ISOM 111 L11‚ Fall 2010 1 Homework 1 Solutions I. An insurance agency is examining the dollar amount of claims from clients who have homeowners insurance. For the 900 people who filed claims‚ the five-number summary of the amount is: ($8800‚ $8850‚ $8900‚ $9100‚ $9940). (a) Would the histogram displaying the data for the 900 claims be nearly bell-shaped? If so‚ explain how the summary indicates this. If not‚ determine if the data is skewed left or skewed right‚ and explain how the summary
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Operations Management and Ethical Issue According to Aquilano‚ Chase‚ and Jacobs (2005)‚ "Operations management (OM) is defined as the design‚ operation‚ and improvement of the systems that create and deliver the firm ’s primary products and services" (p.19). Operations management is a dynamic field and presents exciting new issues and challenges for operations managers. For example‚ Maura Sprenger‚ human resources director at Techno Inc.‚ a fast growing information technology company
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3/6/10 Journal 8 “An Open Letter to Ninth Graders”‚by Patrick Sullivan is not just a “letter” to “ninth graders”. It as an article to the general public and those of which are interested in higher education offered at colleges. Some of the key points he talks about in this letter that tell you how to succeed are‚ reading‚ writing‚ thinking‚ listening and “grit”. Patrick Sullivan in detail describes to you that reading is essential to being successful in a liberal arts education. In addition to
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Question 1 0 out of 2 points What are the odds of picking a “g” in the word Georgia? Selected Answer: 2:07 Correct Answer: 2:05 Response Feedback: Success : Failure Question 2 2 out of 2 points The odds that you will pick a heart from a standard deck of 52 cards is 13:39. Selected Answer: TRUE Correct Answer: TRUE Response Feedback: Success : Failure Question 3 0 out of 2 points The odds that you will pick a spade from a standard deck of 52 cards is
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ch7 Student: ___________________________________________________________________________ 1. All companies must follow the guidelines of AS5. True 2. Most public companies must follow the guidelines of AS5. True 3. False When auditing a public company‚ the auditor must form an opinion on the effectiveness of internal control over financial reporting‚ or issue a disclaimer in the event of a scope limitation. True 9. False The likelihood of an event is "more than remote" when it is "highly
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ACCY111 TUTORIAL 1 Solutions John Wiley & Sons Australia‚ Ltd 2012 Page 1 of 19 CHAPTER 1 DECISION MAKING AND THE ROLE OF THE ACCOUNTANT Exercise 1.1 Information for decisions ASHLEY BUTLER Ashley Butler‚ as the accounts supervisor‚ should obtain information about the account applicant to ascertain whether or not the person will be able to pay their account. In deciding to open an account‚ the following would be required: Information requested 1. Customer’s business name‚ address and contact
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manufacturing operations and 30% applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage? Product Period → $1‚176 $504 $3‚528 $1‚512 $5‚040 $0 $2‚352 $1‚008 Annual insurance expense = $5‚040 ÷ 3 = $1‚680 Portion applicable to product cost = 0.70 × $1‚680 = $1‚176 Portion applicable to period cost = 0.30 × $1‚680 = $504 Gambarini Corporation is a wholesaler that sells a single product. Management has
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ISyE 6201: Manufacturing Systems Instructor: Spyros Reveliotis Solutions to Homework 1 A. Chapter 2‚ Problem 4. (a) D = 60 units/wk × 52 wk/yr = 3120 units/yr h = ic = 0.25/yr ×$0.02 = $0.005/ yr A = $12 2AD 2 × 12 × 3120 Q∗ = = = 3869.88 ≈ 3870 h 0.005 The time between orders is given by 3870 Q∗ = = 1.24 yr = 14.88 mo T∗ = D 3120 (b) D 3120 units/yr = $12 = $9.67/yr Q 3870 units Q 3870 units Holding cost is h = × $0.005/yr = $9.675/yr. 2 2 The costs are essentially
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Windows server 2008 comes in different versions for the different users‚ not all users need all the same features. The versions are web edition‚ standard edition‚ enterprise edition‚ and datacenter edition. The significance of them are WE 1 OS Is permitted‚ 32-bit 4GB 64-bit 32GB‚ maximum number of CPUs 4. SE hyper-V included‚ plus 1 virtual instance‚ terminal server ‚network access protection‚ and CALs. EE plus 4 virtual instance‚ 32-bit 32GB 64-bit 2TB‚ CPUs 8‚ cluster service yes 16 nodes per
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figures for the parent and the subsidiary. Do the result seem misleading? b. Compute the multifactor productivity figures for labor and capital together. Are the results better? c. Calculate raw material productivity figures (unit/$ where $1= FC 10). Explain why these figures might be greater in the subsidiary. 6 Various financial data for 2004 and 2005 follow. Calculate the total productivity measure and the partial measures for labor‚ capital‚ and raw materials for this company
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