Electrolux

AB Electrolux, popularly known as Electrolux, is a global

leader in home and professional appliances, including

refrigerators, cookers, dishwashers, washing machines,

vacuum cleaners, air conditioners, and small domestic

appliances. It sells more than 50 million products in

150 countries. Headquartered in Stockholm, Sweden,

Electrolux was founded in 1919, as a result of a merger

between AB Lux, and Svenska Electron AB. In 2013,

Electrolux had revenues of approximately $14.5 billion

and employed 61,000 people worldwide.

The Electrolux group consists of six business divisions,

including four major appliances divisions, a small

appliances division, and a professional products division.

The core markets for Electrolux are Western Europe,

North America, and Australia, New Zealand and Japan

accounting for 65 percent of group sales. These markets

are characterized by low population growth and

high replacement product sales. The growth markets for

Electrolux are Africa, Middle East and Eastern Europe,

Latin America, and Southeast Asia and China contributing

35 percent to its sales. Given the rising living standards

in the growth markets, Electrolux aims to increase

its share of sales in these markets to 50 percent by introducing

innovative product offerings in the next two years.

In 2013, Electrolux was among the top five global

players in the household appliances industry, along

with Whirlpool, the Haier Group, Bosch-Siemens, and

LG Electronics. These companies contributed to nearly

50 percent of the global appliances sales. The major

drivers of this industry are increased per capita income,

changing lifestyles, consumer spending, housing activities,

and urbanization. Economic growth in emerging

markets is expected to boost the industry. The

main competitive advantages of Electrolux are global brand portfolio through horizontal integration. In the last

40 years, the group has had a series of acquisitions

around the world that strengthened its global position

through effective targeting and brand positioning

in domestic and regional markets. Examples of such

acquisitions

include Zanussi in Europe; AEG in Germany;

Frigidaire, Kelvinator, and White Westinghouse in North

America; Refripar in Brazil; and the Olympic Group in

Middle East and North Africa.

In September 2014, Electrolux unveiled its agreement

to acquire the appliance business of General Electric, GE

Appliances, for a cash consideration of $3.3 billion. GE

Appliances is one of the leading manufacturers of kitchen

and laundry products in North America, and makes more

than 90 percent of its sales in this region and runs its own

distribution and logistics network. The acquisition also

included a 48.4 percent shareholding in the Mexican appliance

company Mabe that develops and manufactures a

portion of the GE Appliances product range as part of a joint

venture with GE. According to Keith McLaughlin, President

and CEO of Electrolux, the acquisition was expected

presence, consumer insight, design, professional legacy,

Scandinavian heritage, wide product range, people and

culture, and sustainability leadership.

The vision of the Electrolux Group is to become the

best appliance company in the world as measured by

its customers, employees, and shareholders. It bases its

strategy on four pillars: innovative products, operational

excellence, profitable growth, and dedicated employees.

Its brand portfolio is strategically planned to serve luxury,

premium, and mass markets. Alongside the Electrolux

brand, the group has seven other strategic brands,

namely Grand Cuisine, AEG, Zanussi, Eureka, Frigidaire,

Molteni, and Westinghouse.

The “innovation triangle” at Electrolux encourages

close cooperation between its marketing, R&D, and design

functions to ensure faster reach to the market based

on solid consumer insights. This enables Electrolux to

use “same product architecture, differentiated design” to

develop global modularized platforms. These platforms

facilitate planning across divisions by making it easier to

spread a successful launch from one market to another

with adaptations to local preferences, and deliver greater

customer value.

By maintaining strategic emphasis on increasing operational

efficiency, Electrolux has restructured its production

across divisions globally. Electrolux has shifted nearly

65 percent of its manufacturing from mainly Western

Europe and North America to low-cost regions.

Pursuing its strategy of profitable growth, Electrolux

continuously innovates to enhance its current products

and ranges to penetrate existing markets. In 2013, it

launched many innovative products in North America and

Japan. Expanding to growth markets, Electrolux tapped

the potential of the Chinese market by launching a full

range of kitchen and laundry appliances of more than 60

products designed exclusively for China.

An important aspect of Electrolux’s strategy is

to grow through mergers and acquisitions, and build to give the company more financial horsepower on its

balance sheet to do even more business around the world.

With a growing portfolio of smartly positioned brands,

global reach, innovations based on consumer insight,

operational excellence and manufacturing efficiency, and

increased financial power, Electrolux is all set to establish

greater dominance in the global home appliances industry.

Questions

1. Evaluate Electrolux’s strategy in light of its vision and

the global trends in the household appliance industry.

2. What benefits will Electrolux receive from the acquisition

of GE Appliances? How does it fit in with the

strategic direction of the group? What other strategic

options can Electrolux pursue for future growth to

achieve greater global dominance?

Is the average time to complete an obstacle course shorter when a patch is placed over the right eye than when a patch is placed over the left eye? Thirteen randomly selected volunteers first completed an obstacle course with a patch over one eye and then completed an equally difficult obstacle course with a patch over the other eye. The completion times are shown below. "Left" means the patch was placed over the left eye and "Right" means the patch was placed over the right eye.

Assume a Normal distribution. What can be concluded at the the αα = 0.10 level of significance level of significance?

For this study, we should use Select an answer z-test for a population proportion t-test for the difference between two dependent population means t-test for a population mean t-test for the difference between two independent population means z-test for the difference between two population proportions

1. The null and alternative hypotheses would be:   
2.   

H0:H0:  Select an answer p1 μd μ1  Select an answer > ≠ = <  Select an answer 0 p2 μ2  (please enter a decimal)   

H1:H1:  Select an answer p1 μ1 μd  Select an answer > < = ≠  Select an answer μ2 0 p2  (Please enter a decimal)

2. The test statistic ? z t  =  (please show your answer to 3 decimal places.)
3. The p-value =  (Please show your answer to 4 decimal places.)
4. The p-value is ? ≤ >  αα
5. Based on this, we should Select an answer fail to reject accept reject  the null hypothesis.
6. Thus, the final conclusion is that ...
   • The results are statistically insignificant at αα = 0.10, so there is insufficient evidence to conclude that the population mean time to complete the obstacle course with a patch over the right eye is less than the population mean time to complete the obstacle course with a patch over the left eye.
   • The results are statistically significant at αα = 0.10, so there is sufficient evidence to conclude that the population mean time to complete the obstacle course with a patch over the right eye is less than the population mean time to complete the obstacle course with a patch over the left eye.
   • The results are statistically significant at αα = 0.10, so there is sufficient evidence to conclude that the eight volunteers that were completed the course faster on average with the patch over the right eye compared to the left eye.
   • The results are statistically insignificant at αα = 0.10, so there is statistically significant evidence to conclude that the population mean time to complete the obstacle course with a patch over the right eye is equal to the population mean time to complete the obstacle course with a patch over the left eye.

Suppose that a bag contains 3 red chips and 7 white chips. Suppose that chips are drawn from the bag with replacement, i.e. the chips are returned to the bag and shuffled before the next chip is selected. Identify the correct statement.

An activity consists of choosing a student at random and recording their gender and their grade level. Which one of the following gives the sample space for the activity?

1. Let     A = {a, e, k, m} B = {b, g, h, r, w} C = {d, k n}     D = {m, r}.

   Which of the following pairs of sets are disjoint? Choose all that apply.

   	a.	A and B are disjoint.
   	b.	B and C are disjoint.
   	c.	A and C are disjoint.
   	d.	C and D are disjoint.
   	e.	A and D are disjoint.
   	f.	B and D are disjoint.
   	a.	0.65
   	b.	0.40
   	c.	0.90
   	d.	0.15

2. At a popular coffee shop one Saturday morning 60% of the customers purchase coffee, 30% purchase a bagel, and 25% purchase both. Suppose that a customer is selected at random. What is the probability that the customer purchases a coffee or a bagel?

   	a.	0.65
   	b.	0.40
   	c.	0.90
   	d.	0.15

   Which one of the following does not describe an activity that results in independent outcomes?

   	a.	Drawing five cards one-at-a-time, with replacement, from a well-shuffled deck.
   	b.	Picking four M&Ms from a bowl and eating each one before the next pick.
   	c.	Rolling a six-sided die two times.
   	d.	Flipping a coin three times.

Suppose that the birth rates in two hospitals (one rural and one urban) in one week were compared. Would you expect there to be a difference between the percentage of boys and girls born in the two hospitals? Why or why not? In which hospital would it be more likely for the birth rate of boys to be 70%? explain

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $72, and the book value per share is $7. The company also has two bond issues outstanding. The first bond issue has a face value of $70 million, a coupon of 7 percent, and sells for 97 percent of par. The second issue has a face value of $50 million, a coupon of 8 percent, and sells for 106 percent of par. The first issue matures in 22 years, the second in 6 years.

a. What are the company's capital structure weights on a book value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

Equity/Value?

Debt/Value ?

b. What are the company’s capital structure weights on a market value basis? (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

Equity/Value?

Debt/Value?

c. Which are more relevant, the book or market value weights? Market value or Book value?

In 2012, the General Social Survey asked a random sample of adults, "Compared to most people, how informed are you about politics?" Suppose that the following are the data classified by their responses to this question and their age group (the data has been modified slightly for testing purposes):

Carry out a chi-square test. Test H0: there is no relationship between age and how politically informed the person is versus Ha: there is a relationship between age and how politically informed the person is. Use α=0.01. χ2(±0.0001)= ______

P(±0.0001)= _______

a) There is no a relationship between age and how politically informed the person is

b) There is a relationship between age and how politically informed the person is

The project will study the coordination of multiple threads using semaphores.

The design should consist of two things:

(1) a list of every semaphore, its purpose, and its initial value, and

(2) pseudocode for each function. Code Your code should be nicely formatted with plenty of comments. The code should be easy to read, properly indented, employ good naming standards, good structure, and should correctly implement the design. Your code should match your pseudocode.

Project Language/Platform

This project must target a Unix platform and execute properly on our cs1 or csgrads1 Linux server.

The project must be written in Java. Elevator Simulation In this project threads are used to simulate people using an elevator to reach their floor.

The threads to be used are as follows: Person:

1) 49 people are in line at the elevator at the beginning of the simulation (1 thread per person).

2) Each person begins at floor 1.

3) Each person randomly picks a floor from 2 to 10.

4) A person will wait for an elevator to arrive at floor 1.

5) A person will board the elevator only if there is room.

6) Once at the destination floor, the person exits the elevator.

Elevator:

1) There is 1 elevator (1 thread for the elevator).

2) The elevator can only hold 7 people.

3) The elevator begins on floor 1.

4) The elevator leaves after the 7th person enters.

Main

1) Creates all threads and joins all person threads.

2) When last person reaches their floor, the simulation ends.

Other rules:

1) Each activity of each thread should be printed with identification (e.g., person 1).

2) A thread may not use sleeping as a means of coordinating with other threads.

3) Busy waiting (polling) is not allowed.

4) Mutual exclusion should be kept to a minimum to allow the most concurrency.

5) The semaphore value may not obtained and used as a basis for program logic.

6) All activities of a thread should only be output by that thread. Sample output:

Your project’s output should match the wording of the sample output:

Elevator door opens at floor 1

Person 0 enters elevator to go to floor 5

Person 1 enters elevator to go to floor 2

Person 2 enters elevator to go to floor 8

Person 3 enters elevator to go to floor 4

Person 4 enters elevator to go to floor 6

Person 5 enters elevator to go to floor 7

Person 6 enters elevator to go to floor 2

Elevator door closes

Elevator door opens at floor 2

Person 1 leaves elevator

Person 6 leaves elevator

Elevator door closes

Elevator door opens at floor 4

Person 3 leaves elevator

Elevator door closes

Elevator door opens at floor 5

Person 0 leaves elevator

Elevator door closes

Elevator door opens at floor 6

Person 4 leaves elevator

Elevator door closes

Elevator door opens at floor 7

Person 5 leaves elevator

Elevator door closes

Elevator door opens at floor 8

Person 2 leaves elevator

Elevator door closes

Elevator door opens at floor 1

…

Simulation done

7) In a completely randomized design, 4 experimental units were used for each of the seven levels of the factor. Source of Variation Sum of Squares Degrees of Freedom Mean Square F Treatment 385.12 Error Total 1563.71

i. Complete the ANOVA table.

ii. Find the F critical, and use the critical value approach at α = 0.05 to test whether the population means for the four levels of the factors are the same. (1 mark)

1.

2.

Assume that the duration of human pregnancies can be described by a Normal model with mean 268 days and standard deviation 16 days. ​a) What percentage of pregnancies should last between 274 and 285 ​days? ​b) At least how many days should the longest 15​% of all pregnancies​ last? ​c) Suppose a certain obstetrician is currently providing prenatal care to 51 pregnant women. Let y overbar represent the mean length of their pregnancies. According to the Central Limit​ Theorem, what's the distribution of this sample​ mean, y overbar​? Specify the​ model, mean, and standard deviation. ​d) What's the probability that the mean duration of these​ patients' pregnancies will be less than 258 ​days? ​a) The percentage of pregnancies that should last between 274 and 285 days is nothing​%. ​(Round to two decimal places as​ needed.) ​b) The longest 15​% of all

pregnancies should last at least nothing days. ​(Round to one decimal place as​ needed.) ​c) Select the correct choice below​ and, if​ necessary, fill in the answer​ box(es) within your choice. A. A Binomial model with nothing trials and a probability of success of nothing ​(Type integers or decimals rounded to two decimal places as​ needed.) B. A Normal model with mean nothing and standard deviation nothing ​(Type integers or decimals rounded to two decimal places as​ needed.) C. There is no model that fits this distribution. ​d) The probability that the mean duration of these​ patients' pregnancies will be less than 258 days is nothing.