Scenario: Top Secret, Inc. (TSI) is a successful operating system company whose customers include Fortune 500 companies, governments throughout the world, and major U.S. contractors. TSI makes embedded operating systems for secure terminals that control ingress/egress control systems for Wall Street firms, camera systems fordrone aircraft for government contractors, and alarm systems for top-secret government installations. TSI operating systems are worldrenowned for their quick response to sensor input, highly reliable operation, limited memory utilization, small size on disk, and low power consumption. The TSI Operating System (TSI OS) works exceptionally well on the devices owned by TSI customers, but it does not work well in the TSI back office. Like many startup companies, TSI had to cut costs when it launched a few years ago. To save money, the company decided notto use enterprise-class operating systems for its own workstations and servers. Instead, it chose to use a single-purpose TSI OS,reasoning that TSI OS was good enough for TSI customers, so it should be good enough for TSI. Unfortunately, TSI OS lacks many features of a modern operating system and does not take advantage of the architectural optimizations present in the latest hardware.

What are the Business-Related Challenges Faced by TSI?

Suppose Jones Company has orders from three customers located in the same market area. One order has a total weight of 3,600 pounds, the second weighs 8,300 pounds, and the third weighs 12,100 pounds. The transportation carrier quotes a freight rate of $20 per hundredweight (or cwt.) for direct shipment to the customer for shipments weighing 1,000 to 4,999 pounds, $18 per cwt. for orders weighing 5,000 to 9,999 pounds, and $16 for shipments weighing between 10,000 and 15,000 pounds. Alternatively, the carrier’s rate for shipments weighing more than 20,000 pounds is $13.00 per cwt. However, if the orders are combined into one consolidated shipment, the carrier will charge $260 for each stop it is required to make. Calculate the total cost with or without consolidated shipment charge.

a) total cost using separate shipments

b) total cost using consolidated shipment

A television cable company receives numerous phone calls throughout the day from customers reporting service troubles and from would-be subscribers to the cable network. Most of these callers are put “on hold” until a company operator is free to help them. The company has determined that the length of time a caller is on hold is normally distributed with a mean of 3.1 minutes and a standard deviation 0.9 minutes. Company experts have decided that if as many as 5% of the callers are put on hold for 4.8 minutes or longer, more operators should be hired. a. What proportion of the company’s callers are put on hold for more than 4.8 minutes? Should the company hire more operators? Show these probabilities on a sketch of the normal curve. b. At another cable company (length of time a caller is on hold follows the same distribution as before), 2.5% of the callers are put on hold for longer than x minutes. Find the value of x, and show this on a sketch of the normal curve.

1. You are in charge of scheduling shipment from the 4 regional warehouses to 4 customers. The unit shipment costs are as given below:

Each of the warehouses have a capacity of 2,500 units, and the demand levels at the four customers are as follows: 1,200 units at Customer 1; 800 units at Customer 2; 5,250 units at Customer 3; and 1,850 at Customer 4. Surely, your main objective is to figure out the shipment plan in order to minimize total transportation costs.

Formulate this problem as a linear program. By following the 4 steps, write out the linear model.

Minor Company had checks outstanding totaling $5,407 on its April bank reconciliation. In May, Minor Company issued checks totaling $40,849. The May bank statement shows that $25,832 in checks cleared the bank in May. A check from one of Minor Company's customers of $640 was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be

a. $19,784

b. $20,425

c. $66,681

d. $20,424

Apple Inc. is an American multinational technology company hired you as Marketing Manager of Saudi Arabian Region and you have to answer the below question from your own words:

a. Environmental Analysis (Conduct an environmental analysis that looks at and comments on Saudi Arabia and your network of business contacts, competitors and customers.)

b. Target Market Analysis (Identify the target market, describing how the company will meet the needs of the consumer better than the competition does).

Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships in terms of cost, quality, delivery and performance. more and more buyers have to learn to develop a supply base in more than one country in order to remain competitive in the complex and dynamic global business environment.

1. Critically discuss the reasons why your company (a vehicle manufactiring company) should consider ethical conduct in its purchasing structure.

Frederick and Sons is a small company that makes faucets rings.   They have experienced a larger than normal bad debts due to the slowdown in the economy.  Koehler Corporation is a multimillion-dollar Corporation that makes faucets and other plumber supplies is also experiencing bad debt losses. What method would each company use when writing off customers’ accounts unable to pay and why?   Give an entry for each when actually writing off a customer’s account.

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied.

1. Choose the scatter diagram that best fits the data.

• Scatter diagram 1

• Scatter diagram 2

• Scatter diagram 3

2. Determine the coefficient of correlation between the two variables. (Round your answer to 3 decimal places.)

Pearson correlation _______

1. c-1. State the decision rule for 0.01 significance level: H₀: ρ ≤ 0; H₁: ρ > 0. (Round your answer to 3 decimal places.)

Reject H0 if t > ________

1. c-2. Compute the value of the test statistic. (Round your answer to 2 decimal places.)

Value of the test statistic ______

4. What percent of the variation in revenue in the restaurant is accounted for by the number of rooms occupied? (Round your answer to 1 decimal place.)

_____ % of the variation in revenue is explained by variation in occupied rooms.

Metropolis Books sold 50,800 copies of a best-selling novel in July for $13 each. Included in each book was a $3 mail-in rebate for a future book purchase if the customer sends in proof of purchase with a completed rebate form. Metropolis estimates that 14% of the purchasers will claim the rebate.

Calculate the sales revenue and the unearned revenue related to the loyalty program that Metropolis earned in July on this book. (Round answers to 0 decimal places, e.g. 5,276. Do not round intermediate calculation.)

List of Accounts

Prepare the journal entry to record the sale and the unearned revenue Metropolis Books should record. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)