Do you think Kappmeyer should sign the proposal, and why?  Did USS team get the right answer to the wrong question? What if, rather than whether USS should install CSP in Mon Valley, Kappmeyer has asked whether USS should invest in or participate in this technology? Would you have answered that question differently than you did when the problem was framed as Mon Valley issue?  What should USS’s next technological move be? Should USS take another “long shot” to leapfrog ahead of Nucor? Or should it “get on the ground” neck-to-neck with Nucor, employing a viable commercial technology as soon as possible incrementally improving CSP?

Continuous casting investments at USX corporation (HBS 9-697-020)

Business Policy

1. Draw the Trade-off between Agency Efficiency and Technical Efficiency graph in BLACK.
   1. Define and explain what a relationship-specific asset is.
   2. Explain why a relationship specific asset is critical to the make or buy decision.
   3. Define and explain the technical efficiency curve.
   4. Define and explain the agency efficiency curve.
   5. Why is the "technical efficiency" line above the x-axis?
   6. Why does the "agency efficiency" line cross the x-axis?
   7. How might globalization affect the trade-offs between technical and agency efficiency? On top of the original graph, draw a change from globalization in RED.
   8. How might advances in information technology affect the trade-offs between technical and agency efficiency? On top of the original graph, draw a change from technology in BLUE.

Consider the labor market for garment workers. This work used to be done largely by hand. As new machines were developed to help in the making of clothes, what do you predict happened to the demand for labor? The invention of new technology can be thought as the price of capital as falling.

1) Consider the scale effect. Do you expect this to be small or large? Consider the two factors that determine the size of the scale effect.

2) Consider the substitution effect. Do you expect this to be small or large? Consider the two factors that determine the size of the substitution effect.

3) Can you guess whether the substitution or scale effect might dominate?

4) Suppose capital and labor are gross substitutes. Would you consider new technology in the sewing industry to be a good thing or bad thing? Why?

Consider the following technology: C(y_i) = y³_i − 8y²_i + 36y_i

Many firms have access to this technology, in fact so many that there is not room for all to profitably operate in the industry. Market demand for the product is given by P = 2420 − Y

where Y is market quantity.

a. If these firms are price takers, and entry/exit is costless, what is the long run free entry equilibrium per-firm quantity produced by each firm in the industry? Explain.

b. Do you have enough information to determine the number of firms who operate in such a long run free entry equilibrium? If so what is the number and justify your solution. If not explain what other information you would need.

c. Is the price-taking behavioral assumption sensible for this industry?

Use the following information for questions 36-48

Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs 10million, whereas the simple technology costs 2million.

​If the simplified version costs $2 million and its probability of success is 75%, whereas the cost of the complicated version is $10million, what is the minimum probability of success for the complicated version that would make the firm indifferent between the two software?

This week we will address health assessment (ch 7) and technology (ch 8) as part of the policy process we discussed week 1 (problem definition, see page 7-8). The readings are really important this week as we begin to study the processes of policy analysis. After reading and skimming the Ppts, please answer the following.

-Discuss your interests or concerns in terms of technology in the healthcare workplace.

-Offer an example. What improvements can be made to this system for a benefit to patients?

-Relate this to chapter 8 in terms of the process, regulation, and opportunities you see.

Please minimum 1200 words, please.

Reference:

Health Policy Analysis: An

Interdisciplinary Approach. 2nd ed.

McLaughlin, C.P., McLaughlin, C.D.  

Jones and Bartlett. (2015)

ISBN: 978-1284037777

Seniors want to use technology to stay​ connected, read magazines and​ emails, share photos and​ ideas, listen to​ music, find recipes and discount coupons and much more. The Ontario Society of Senior Citizens Organizations​ (OSSCO) offers a variety of computer training​ opportunities, including using​ self-help instructions on iPad technology. Consulting with 20 seniors helped OSSCO develop these​ self-help instructions for both individual users and trainers who work with seniors. The ages of the seniors are listed below.

What is the median of the​ observations?

77 74 72 82

92 80 67 95

71 94 75 98

82 68 87 69

74 87 76 79

A. 82.5

B. 78

C. 80.5

D. 74

After an initial analysis of your client’s potential security threats, the management has agreed to secure its remote access to internal resources by rolling out a VPN and firewall solution. The client’s management team has asked that you present two proposals: an entry level and high end. For the entry level solution, feel free to look into open source technologies. For the premium recommendations, look into products from Cisco or F5. Please remember that the target audience is a non-technical management group, so use language they would understand. Your proposal should include the following: VPN Proposal 2: Technology Name: Description: Advantages/Disadvantages: Estimated Cost: Firewall Proposal 2: Technology Name: Description: Advantages/Disadvantages: Estimated Cost:

1. To test H0: o=40 versus H1: o< 40​, a random sample of sizen=29 is obtained from a population that is known to be normally distributed.

​a.  If the sample standard deviation is determined to be s=36.2, compute the test statistic.

​b. If the researcher decides to test this hypothesis at the a= 0.10 level of​ significance, use technology to determine the​ P-value.

c. Will the researcher reject the null​ hypothesis?

2.To test H0: o=4.9 versus H1: o ≠ 4.9, a random sample of size n=19 is obtained from a population that is known to be normally distributed.

​(a) If the sample standard deviation is determined to be s=6.1, compute the test statistic.

​(b) If the researcher decides to test this hypothesis at the a=0.05 level of​ significance, use technology to determine the​ P-value.

​(c) Will the researcher reject the null​ hypothesis?

Find an example of an industry that has undergone a technological paradigm shift in recent years. What happened to the established companies as that paradigm shift unfolded? This module requires you to analyze the industry environment in which your company is based and determine if it is vulnerable to a technological paradigm shift. With the information you have at your disposal answer the following questions: What is the dominant product technology used in the industry in which your company us based? Are technical standards important in your industry? If so what are they? What are the attributes of the majority if customers purchasing the product of your company? What does this tell you about the strategic issues that the company is likely to face in the future? Did the dominant technology in your industry diffuse Rapidly or slowly? What drove the speed of diffusion?