EMSE 269 - Elements of Problem Solving and Decision Making EXTRA PROBLEM 6: SOLVING DECISION TREES Read the following decision problem and answer the questions below. A manufacturer produces items that have a probability p of being defective. These items are formed into batches of 150. Past experience indicates that some (batches) are of good quality (i.e. p=0.05) and others are of bad quality (i.e. p=0.25). Furthermore‚ 80% of the batches produced are of good quality and 20% of the batches are
Premium Decision theory Decision making
1 Solutions and Solubility Chapters 4+13 2 The Solution Process • A solution is a homogeneous mixture of solute (present in the smallest amount) and solvent (present in the largest amount) State of Solution State of Solvent State of Solute Example Gas Gas Gas Air Liquid Liquid Gas O2 in water Liquid Liquid Liquid Alcohol in water Liquid Liquid Solid Salt in water Solid Solid Gas H2 in Pd Solid Solid Liquid Hg in Ag Solid Solid Solid Ag in Au 3 The Solution Process
Premium Solubility Solvent
Among the various socioeconomic problems‚ which our country is facing today‚ the problem of unemployment is one of the most serious Unemployment is defined as condition of a person who is willing to work but unable to find a paying job. There are various factors that are responsible for unemployment i country. Unemployment can be due to seasonal layoff particularly in agricultural sector. It can be due to technological changes in an automated industry or due to lack of adequate skills by the workers
Premium Population World population Population growth
geographically around its corporate headquarters in a remote corner of Northeast Spain‚ rather than spread out around the globe. This and its IT system are what allow it to achieve the speed and responsiveness that it does. Discussion Questions 1. As completely as possible‚ sketch the supply chain for Zara from raw materials to consumer purchase. As the case points out‚ finding the starting point of a product concept is hard to nail down with Zara. But the following is an attempt to do this:
Premium Hamburger Burger King Fast food
(“Piracy”). It really started to become a problem in 1999 with the creation of Napster. Napster was the first peer-to-peer (P2P) file sharing program that enabled users to download and share music for free (“Harenber”). Since Napster‚ which is now a paid service due to various lawsuits‚ the online world of file sharing has evolved from not just music but to movies‚ operating systems‚ books‚ magazines‚ TV shows‚ and more. Online piracy‚ which has become a problem over the years‚ is on the rise and needs
Premium Copyright infringement File sharing Copyright
Problem 6-36 1. Machine supplies: $102‚000 / 34‚000 DLH = $3/hr January: 23‚000 DLH x $3 = $69‚000 Depreciation: Fixed at $15‚000 2. Plant maintenance cost: | March | January | | (34‚000 hrs) | (23‚000hrs) | Total cost*Less: Machine Supplies DepreciationPlant maintenance | $ 586‚000(102‚000) (15‚000)$ 469‚000 | $ 454‚000(69‚000) (15‚000)$ 370‚000 | *Excludes supervisory labor cost Variable maintenance cost
Premium Costs Variable cost Cost
assignment to be copied‚ submitted and retained for benchmarking purposes. Signature of student: ________________________________________ Date: ____________ INDIVIDUAL TASK Week 3: Time Management Plan for the Group Project & Gantt chart 1. Make a list of all the tasks you think will need to be done to complete your research project. 2. Plan the project so it will be completed on time. Day | Wk1 | Wk2 | Wk3 | Wk4 | Wk5 | Wk6 | Wk7 | Wk8 | Wk9 | Wk10 | Wk11 | Wk12 | Wk13 | Wk14
Premium Project management Acknowledgment Management
Strategic Market Pricing and Smalls’ Premium Steakhouse By: Andrew Smalls Professor: Irene Zoppi MKT 402‚ Pricing Strategies February 1‚ 2015 Strategic Market Pricing and Smalls’ Premium Steakhouse A Premium Dining Experience If given the opportunity to open a restaurant‚ it would be an upscale restaurant catering people who the desire to have excellent food and a premium dining experience. I would name this establishment Smalls’ Premium Steakhouse. My name inspires the name of the restaurant and
Premium Pricing
Johnathan Heathcock NT1230 Monday 6-10:45 Unit 6 Problem Set/ Exercise/ Case Scenario 1. Remote Desktop is based on former Terminal Services. 2. System image backup saves data to a DVD file. 3. Branch Cache conserves WAN bandwidth. 4. Distributed cache mode files cached on each client. 5. Volume shadow copies are previous versions. 6. Incremental backup are files changed since the last backup job. 7. Windows RE is accessible from Windows 7 installation disk. 8. Hosted cache mode is files cached on
Free Windows Vista Microsoft Windows Operating system
SOLUTIONS FOR MULTIPLE‑CHOICE QUESTIONS 6.24 a. Correct Risk is high when the company always estimates the inventory but never takes a complete physical count. b. Incorrect Risk is low when the petty cash box is always locked in the desk of the custodian. c. Incorrect Risk is low when management has published a company code of ethics and sends frequent communication newsletters about it. d. Incorrect Risk is low when the board of directors reviews and approves all investment transactions. 6.25
Premium Accounts receivable Fraud Expense