Questions
1. A three-digit number is formed from nine numbers (1, 2, 3, 4, 5, 6, 7,...

1.

A three-digit number is formed from nine numbers (1, 2, 3, 4, 5, 6, 7, 8 & 9). No number can be repeated. How many different three-digit numbers are possible if 1 and 2 will not be chosen together?

Select one:

A. 672

B. 210

C. 462

D. 336

2.

In a recent survey conducted by a professor of UM, 200 students were asked whether or not they have a satisfying experience with the e-learning approach adopted by the school in the current semester. Among the 200 students interviewed, 121 said they have a satisfying experience. What is the 99% confidence interval for the proportion of all UM students who have a satisfying experience with the e-learning approach?

Select one:

A. 0.537 to 0.673

B. 0.548 to 0.662

C. 0.516 to 0.694

D. 0.524 to 0.686

3.

Suppose a professor wants to estimate the proportion of UM students who have a satisfying experience with the e-learning approach adopted by the school in the current semester. What is the minimum sample size that he should use if he wants the estimate to be accurate within 0.06 with a 90% confidence?

Select one:

A. 188

B. 267

C. 456

D. 752

4.

According to a poll on customer behavior, 30% of people say they will only consider cars manufactured in their country when purchasing a new car. Suppose you select a random sample of 180 respondents. The probability is 80% that the sample percentage will be contained within what symmetrical limits of the population percentage?

Select one:

A. 25.6% and 34.4%

B. 27.1% and 32.9%

C. 24.4% and 35.6%

D. 23.3% and 36.7%

In: Statistics and Probability

Consider the following time series data. Quarter Year 1 Year 2 Year 3 1 4 6...

Consider the following time series data.

Quarter Year 1 Year 2 Year 3
1 4 6 7
2 2 3 6
3 3 5 6
4 5 7 8
(a) Choose the correct time series plot.
(i) (ii)
(iii) (iv)
- Select your answer -Plot (i)Plot (ii)Plot (iii)Plot (iv)Item 1
What type of pattern exists in the data?
- Select your answer -Only randomnessRandomness & Linear trendRandomness & SeasonalityRandomness, Linear trend & SeasonalityItem 2
(b) Use a multiple regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data. Qtr1 = 1 if Quarter 1, 0 otherwise; Qtr2 = 1 if Quarter 2, 0 otherwise; Qtr3 = 1 if Quarter 3, 0 otherwise.
If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300) If the constant is "1" it must be entered in the box. Do not round intermediate calculation.
Value =  +  Qtr1 +  Qtr2 +  Qtr3
(c) Compute the quarterly forecasts for next year based on the model you developed in part (b).
If required, round your answers to three decimal places. Do not round intermediate calculation.
Quarter 1 forecast
Quarter 2 forecast
Quarter 3 forecast
Quarter 4 forecast
(d) Use a multiple regression model to develop an equation to account for trend and seasonal effects in the data. Use the dummy variables you developed in part (b) to capture seasonal effects and create a variable t such that t = 1 for Quarter 1 in Year 1, t = 2 for Quarter 2 in Year 1,… t = 12 for Quarter 4 in Year 3.
If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)
Value =  +  Qtr1 +  Qtr2 +  Qtr3 +  t
(e) Compute the quarterly forecasts for next year based on the model you developed in part (d).
Do not round your interim computations and round your final answer to three decimal places.
Quarter 1 forecast
Quarter 2 forecast
Quarter 3 forecast
Quarter 4 forecast
(f) Is the model you developed in part (b) or the model you developed in part (d) more effective?
If required, round your intermediate calculations and final answer to three decimal places.
Model developed in part (b) Model developed in part (d)
MSE
- Select your answer -Model developed in part (b)Model developed in part (d)Item 22
Justify your answer.
The input in the box below will not be graded, but may be reviewed and considered by your instructor.

In: Statistics and Probability

Solve the given initial-value problem. X' = 2    41 6 X, X(0) = −1 8...

Solve the given initial-value problem.

X' =

2    4
1 6

X, X(0) =

1
8

X(t) =

In: Advanced Math

Consider the following time series data. Quarter Year 1 Year 2 Year 3 1 4 6...

Consider the following time series data.

Quarter Year 1 Year 2 Year 3

1 4 6 7

2 2 3 6

3 3 5 6

4 5 7 8

1.plot with line dot chart.

2.What type of pattern exists in the data?

a.Upward Trend Patter,

b. Downward Trend Pattern

c. Horizontal Pattern With Seasonality.

3.Use a multiple regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data. Qtr1 = 1 if Quarter 1, 0 otherwise; Qtr2 = 1 if Quarter 2, 0 otherwise; Qtr3 = 1 if Quarter 3, 0 otherwise. If required, round your answers to three decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300)

a. Value = ( )  + ( ) Qtr1 + ( )  Qtr2 + ( ) Qtr3 +  t

4.Compute the quarterly forecasts for next year. If required, round your answers to two decimal places.

  1. Quarter 1 forecast =
  2. Quarter 2 forecast =
  3. Quarter 3 forecast =
  4. Quarter 4 forecast =

In: Statistics and Probability

4. Consider the following time series: Quarter Year 1 Year 2 Year 3 1 80 74...

4. Consider the following time series:

Quarter Year 1 Year 2 Year 3
1 80 74 65
2 69 61 51
3 48 50 43
4 68 71 82

a. Construct a time-series plot. What type of pattern exists in the data? Is there an indication of a seasonal pattern? (10 points)

b. Use multiple linear regression model with dummy variables as follows to develop an equation to account for seasonal effects in the data. Qtr1 = 1 if quarter 1, 0 else; Qtr2 = 1 if quarter 2, 0 else; Qtr3 = 1 if quarter 3, 0 else. (20 points)

c. Compute the quarterly forecasts for next year. (10 points)

In: Statistics and Probability

Tony’s Hot Dog Stand 1. 1,600 people per day pass stand; 1 of 4 buy 2....

Tony’s Hot Dog Stand

1. 1,600 people per day pass stand; 1 of 4 buy

2. ¼ buy=conversion rate=25%

3. Cogs=$.25

4. Avg. customer buys 2 tube steaks @$1 each

5. Cost of tube steaks - $.25 each

6. Customer buys 1x/day

7.   Fixed Costs - $36K Tony salary; $12K depreciation ((he bought the stand for $60,000/5=12,000) So the total fixed cost is $48,000)

8. Business Days – 250 per year

9. Sales (Revenue) is $200,000

10. Variable Cost is $50,000

11. Fix Cost is $48,000


Now we need to calculate Tony’s Break-Even....For Tony, this is a number he wants to know every day. Calculating the Break-Even for the Hot Dog Stand BE =   FC/GM%

Yearly Break Even = ________                    FC = _______ GM% = _______%

Monthly Break-Even = ___________           FC = _______ GM% =________%

Daily Break Even = _____________            FC = _______ GM % =_______ %


How did you calculate the breakeven?

What does this actually mean? Tony has to sell ___ hot dogs per day just to stay in business, anything after that is profit!

What is Tony’s Net Profit (year) (This is the stuff you want)?

In: Finance

Homework 16:   Complete the MRP chart below. A(1) B(2) C(4) D(1) LEGEND: A to F are...

Homework 16:   Complete the MRP chart below.

A(1)

B(2) C(4) D(1) LEGEND: A to F are part numbers

E(2) E(2) F(2) F(1) (n) is number of children needed for

                                                                                                                      each parent

Part A: Lead-time = 1 week OQ = LFL

Safety Stock = 0

1

2

3

4

5

6

7

8

1. Gross Requirements

30

15

50

60

50

10

2. Scheduled Receipts

3. Projected On Hand         60

4. Net Requirements

5. Planned Order Receipt

6. Planned Order Release

Part B: Lead-time = 1 week    OQ = LFL                                 Safety Stock = 0

1. Gross Requirements

2. Scheduled Receipts

3. Projected On Hand       100

4. Net Requirements

5. Planned Order Receipt

6. Planned Order Release

Part C: Lead-time = 1 week   OQ = LFL                                   Safety Stock = 0

1. Gross Requirements

2. Scheduled Receipts

3. Projected On Hand    200

4. Net Requirements

5. Planned Order Receipt

6. Planned Order Release

Part D: Lead-time = 2 week    OQ = LFL         Safety Stock = 0

1. Gross Requirements

2. Scheduled Receipts

3. Projected On Hand   100

4. Net Requirements

5. Planned Order Receipt

6. Planned Order Release

Part E: Lead-time = 1 week    OQ = LFL                                        Safety Stock = 0

1. Gross Requirements

2. Scheduled Receipts

3. Projected On Hand   1000

4. Net Requirements

5. Planned Order Receipt

6. Planned Order Release

Part F: Lead-time = 2 week    OQ = LFL                                        Safety Stock = 0

1. Gross Requirements

2. Scheduled Receipts

3. Projected On Hand   800

4. Net Requirements

5. Planned Order Receipt

6. Planned Order Release

In: Operations Management

Risk Event Likelihood Impact Detection Difficulty When Wedding invitations 2 4 1 1 month prior to...

Risk Event

Likelihood

Impact

Detection Difficulty

When

Wedding invitations

2

4

1

1 month prior to wedding

Wedding cake get damaged during transportation

2

4

3

Driving form the bakery to the ceremony

Bridemaids dresses comes late

3

5

1

During the wedding ceremony

Bad weather

3

4

4

On the day of the wedding

undertake the risk assessment of the identified risk using the table provided

In: Operations Management

Year 1 2 3 4 5 6 7 8 9 10 A 1 1.01 1.0201 1.0303...

Year

1

2

3

4

5

6

7

8

9

10

A

1

1.01

1.0201

1.0303

1.0406

1.0510

1.0615

1.0721

1.0829

12.0305

B

1

.9900

.9801

.9703

.9606

.9510

.9415

.9321

.9227

10.0487

Assume a purchase price of $10 Million for both properties.

(a) What is the expected total return (IRR) on a 10-year investment in each property? Use a

financial calculator or equation solver for this.

(b) If the 10% cap rate represents a fair market value for each property, then which property must

be the riskier investment, so that no mispricing has occurred?

(c) What is the approximate annual growth rate in operating cash flows for each building during

first nine years? This is simply the percentage-change in cash flows.

(d) How is the growth rate related to the cap rate and the investor's IRR in each property?

Assuming each property is priced at its required rate of return (i.e. making it NPV=0), what

general economic relationship discussed in class does this show?

In: Finance

1a)Giving an array of integers A[1:8] ={5, 1, 3, 2, 7, 6, 8, 4}. What is...

1a)Giving an array of integers A[1:8] ={5, 1, 3, 2, 7, 6, 8, 4}.

What is the running time of the insertion sort if both A[1..n/2] and A[n/2+1,n] are also sorted. Justify your answer.

2-illustrate the operation of RADIX-SORT on the following list of English words: COW, DOG, SEA, RUG, ROW, MOB, BOX, TAB, BAR, EAR, TAR, DIG, TEA, NOW, FOX.

3-Use counting sort, sort the following numbers: 4, 2, 5, 4, 2, 3, 0, 2, 4, 3

In: Computer Science