A product is currently made in a process-focused shop, where fixed costs are $8,000 per year and variable cost is $40 per unit. The firm currently sells 200 units of the product at $200 per unit. A manager is considering a repetitive focus to lower costs (and lower prices, thus raising demand). The costs of this proposed shop are fixed costs = $24,000 per year and variable cost = $10 per unit. If a price of $80 will allow 400 units to be sold, what profit (or loss) can this proposed new process expect? Do you anticipate that the manager will want to change the process? Explain.

Given the function N(x)=x^(1.2) + x -ln(x) - 2 Find the roots of N(x) in the domain 0.1 ? x ? 2.5 using the MATLAB fzero function. Plot N(x) using fplot to find the estimates of the roots. Use a for-loop that calls the fzero function and prints the roots to 3 decimal places. Define N(x) using an anonymous function definition, and pass your function using your anonymous function

You are working in a small, student-run company that sends out merchandise with university branding to alumni around the world. Every day, you take a sample of 50 shipments that are ready to be shipped to the alumni and inspect them for correctness. Across all days, the average percentage of incorrect shipments is 5 percent. What would be the upper control limit for a p-chart?

a. 0
b. 0.05
c. 0.03082207 d. 0.142466

A) C&A sells two kinds of eggs: brown and white. Brown eggs are 5% more expensive than white. Which of the following is the most appropriate way to measure how many eggs C&A has in inventory?

In dollars

In dozens

In inches

In ounces

B)Inventory turns and days-of-supply measure _______ items remain in __________.

how long, inventory

how valuable, inventory

how long, sales

how valuable, sales

C)Higher days of supply means _________ inventory. Higher turns means ______ inventory.

more, more

more, less

less, more

less, less

D)C&A is a car manufactures. If its annual inventory turns increases, what happens to its inventory level?

Remains the same

Increases

Decreases

Cannot be determined

E)Bread expires at the end of the day and cannot be sold. This is related to which kind of inventory cost?

Holding cost

Shortage/stock-out cost

Fixed/set up cost

None of the above

F)Which of the following is NOT an assumption of the EOQ model?

It is possible to receive a purchase discount if the order quantity is sufficiently large.

There is a fixed cost to submit each order that is independent of the amount ordered.

Demand occurs at a constant rate per unit of time

There is a cost to hold each unit of inventory per unit of time.

G)A firm evaluates its EOQ quantity to equal 180 cases but it chooses an order quantity of 200 cases. Relative to the order quantity of 180 cases, the order quantity of 200 cases has:

Higher ordering cost and higher holding cost

Higher (fixed) ordering cost and lower holding cost

Lower (fixed) ordering cost and higher holding cost

Lower (fixed) ordering cost and lower holding cost

The number of defects after a hotel room cleaning (sheets not straight, smears on mirror, missed debris on carpet, fresh towels not folded, etc.) should be measured using what type of process control chart?

		A) x-bar chart
		B) R-chart
		C) p-chart
		D) c-chart

SBC's focus on building communities with bicycling enthusiasts can be viewed as which of the following two types of promotional strategies?
Pull strategy
Push strategy

Which forms of social media are mentioned in the video as parts of SBC's overall social media strategy?
Online brand communities
Online brand communities and product and service review sites
Social networks
Product and service review sites
Social networks and online brand communities

SBC's Senior Community and Social Media Specialist notes at least one metric that the company uses to evaluate the performance and value of its social media efforts. Which one(ones) is that?
Follower drift
Bounce rates
Engagement and follower drift
Engagement
Conversion rates

Assume that SBC's marketing manager has decided that they would like to send consumers who have never bought a bicycle from SBC, but have opted into mobile promotions from the company a mobile coupon for one of its bicycles when they are near a sports equipment retailer. This is an example of
search engine optimization.
geo-location marketing.
viral marketing.
native advertising.

As you think about your experience at the last airport security screening, you wonder which of the tasks that you saw the officers do at the security check were waste, which were non-value-added work, and which were value-added work. The tasks that you observed included officers doing the following: (a) officers checking IDs, (b) officers telling passengers to take off their shoes, (c) officers moving bins back to the beginning of the X-ray machines, (d) officers looking at the screen of the X-ray machine,

(e) officers putting bags in the X-ray machine for a second time in case they previously contained fluids, and (f) officers waiting for a passenger to arrive.

Identify each of the above activities as waste, value-added work, or non-value-added work.

________ is a two-way communication process with the goal of securing, building, and maintaining long-term relationships with profitable customers.

Select one:

a. Advertising

b. Sales promotion

c. Personal selling

d. Direct marketing

e. Publicity

Marketing managers employ ________ advertising to build sales of a specific brand.

Select one:

a. comparative

b. institutional

c. pioneering

d. covert

e. competitive

________ is a distinct advantage that personal selling offers over other marketing communications methods.

Select one:

a. Strategic flexibility

b. Personal relationship with a customer

c. Geographic flexibility

d. Personal knowledge management

e. Low transactional costs

One of five principal goals for a sales presentation is to ________.

Select one:

a. build impersonal relationships with customers

b. build product interest

c. agree on a price

d. fulfill the customer's need for affiliation

e. enable evaluation of product alternatives

Using independent sales agents is referred to as ________.

Select one:

a. outsourcing the sales force

b. inbounding the sales force

c. out bounding the sales force

d. transferring sales agents

e. using the company sales force

• 0.17
• 0.75
• 0.075
• 0.83

1) Which of the following forces is providing vast amounts of data for AI applications?

                a. reading abilities

                b. cloud computing

                c. deep learning

                d. network-connected smart devices

2) Jason is looking at his budgets and decides he needs to lower labor costs. Which task is most likely to become automated with AI?

                a. New employee trainer

                b. assembly line worker

c. middle manager

d. computer programmer

3) All of these are examples of AI in a self-driving car EXCEPT ________.

                a. GPS

                b. tunnel vision

                c. LIDAR

4) Which of the following is true of Software as a Service?

                a. It requires the installation of specialized interfaces at the client end

                b. It allows clients to access services on an as-needed basis

                c. It involves fixed monthly and yearly costs for the services

                d. It requires an organization to maintain and develop the software

Consider a capacity constrained process producing a high profit margin product. What will the impacts on revenue and profits be if processing time for the bottleneck resource is reduced by 10% while everything else remains the same?

A)No impact on revenue or profits

B)Higher revenue and profits

C)Lower revenue and profits

D)Higher profits with no change in revenue

Bell Computers purchases integrated chips at $350 per chip. The holding cost is $33 per unit per year, the ordering cost is $122 per order, and sales are steady, at 395 per month. The company's supplier, Rich Blue Chip Manufacturing Inc., decides to offer price concessions in order to attract larger orders. The price structure is shown below.

Quantity Purchased
1-99 units= $350 price/unit
100-199 units= $325 price/unit
200 or more units= $300 price/unit

a) What is the optimal order quantity and the minimum cost for Bell Computers to order, purchase, and hold these integrated chips?

b) Bell Computers wishes to use a 10% holding cost rather than the fixed $35 holding cost in part a. What is the optimal order quantity and what is the optimal cost?

Tell

E.5 Beth Zion Hospital has received initial certification
from the state of California to become a center for liver transplants.
The hospital, however, must complete its first 18 transplants
under great scrutiny and at no cost to the patients. The
very first transplant, just completed, required 30 hours. On the
basis of research at the hospital, Beth Zion estimates that it will
have an 80% learning curve. Estimate the time it will take to complete:
a) the 5th liver transplant.
b) all of the first 5 transplants.
c) the 18th transplant.
d) all 18 transplants. PX
E.6 Refer to Problem E.5. Beth Zion Hospital has just been informed that only the first 10 transplants must be performed at the hospital