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SUNY Buffalo - EE - 101
Elective Courses(For students finishing by June 2014)Technical ElectivesSeven technical electives, minimum 21 credits, are required. At least six must be upperdivision technical electives. No more than one may be a lower division technical elective,s
USC - BUAD - 250B
Chapter 6Cost-Volume-Profit RelationshipsChapter 6 2010 The McGraw-Hill Companies, Inc.Basics of Cost-Volume-Profit(CVP) AnalysisContribution Margin and Contribution Margin RatioChapter 6Motivation for why this chapter mattersSuppose you owned yo
USC - BUAD - 250B
Variable Costing:A Tool for ManagementChapter 7 2010 The McGraw-Hill Companies, Inc.Variable Costing vs. Absorption Costing &Product Cost ComputationsOverview of Absorption and Variable CostingAbsorptionCostingVariableCostingDirect MaterialsPr
USC - BUAD - 250B
8-1Activity-Based Costing:A Tool to Aid Decision MakingChapter 8 2010 The McGraw-Hill Companies, Inc.AgendaThe activity-based costing model Differences between traditional costing and activitybased costing systems Steps for implementing activity-b
USC - BUAD - 250B
9-1Profit PlanningChapter 9 2010 The McGraw-Hill Companies, Inc.AgendaPurposes and overview of budgetingBuilding a master budgetSales budgetProduction budgetDirect materials budgetDirect labor budgetManufacturing overhead budgetEnding finished
USC - BUAD - 250B
11-1Standard CostsStandards are benchmarks or norms formeasuring performance. In managerial accounting,two types of standards are commonly used.Quantity standardsspecify how much of aninput should be used tomake a product orprovide a service.Sta
USC - GEOL - 130
Background information aboutwomen in scienceshttp:/en.wikipedia.org/wiki/Women_in_sciencePdf of women: http:/en.wikipedia.org/wiki/List_of_female_scientists4000 years of women in science: http:/www.astr.ua.edu/4000WS/Association for Women in Science
USC - GEOL - 130
Development of Theories andParadigms (or worldviews)The building blocks(with hypotheses and assumptions)of scientific thoughtAssumptions, Hypotheses,Theories, and Paradigms These are all part of any model of the universe. They are also part of any
USC - GEOL - 130
ANCIENT GREEK SCIENCE- 500 YEARS LATERDevelopment of the first realscientific paradigmsGreek world in 363 B.C.The Greek World After AristotleAristotle died in (322 BC).By that time, Alexander the Great had conquered theGreek and Persian world to f
USC - GEOL - 130
Topic 10:General Theory of RelativityCompletion of a new paradigm forlife at high speedsSpecial Relativity (1905) All bodies in reference frames K and K, which aremoving with uniform linear motion relative to oneanother, are equivalent for the desc
USC - GEOL - 130
UpdatedclassscheduleSciencesEverChangingViewofOurUniverseMar.31Topic17:MeasuringTime:ChangingIdeasaboutAgeofObjectsinOurUniverseApril5Topic18:TheChangefromStatictoDynamicViewsofEarthEvolutionApril7Topic19:ThePlateTectonicsParadigmShiftApril12Topic20:
USC - GEOL - 130
IdeasaboutEvolutionofEarth:scienceinactionparadigmshiftstatictodynamic(e.g.universe)knowyourearth Pre-Renaissance (StaticEarth). Renaissance to 20th Century(Geophysics & ContinentalDrift). 20th Century (Sea FloorSpreading). Present-Day Perspect
USC - GEOL - 130
Sea Floor SpreadingThe missing linkin the search for a new paradigm.EARLY 1900S VIEW OF EARTHWhat do those mysterious ocean basins look like?Amid20thCenturyPerspective(19401965):Aparadigmshiftinaction!1945ArtherHolmes(Geologist,UniversityEdinburg
USC - GEOL - 130
Topic 20Introduction to Chaos TheoryA paradigm for the 21st CenturyWhat is Chaos? Qualitatively, chaos theoryexplains one class of systems withunpredictable (but not random)behavior Chaos theory is built on theconcepts of nonlinearly andfeedback
USC - BUAD - 311
Introduction to OperationsManagementBUAD 311 Operations ManagementSession 11What do Operations Managers do?2What do Operations Managers really do?ForecastingCapacity planningSchedulingManaging inventoriesAssuring quality3Course OutlineProce
USC - BUAD - 311
More on Capacity ManagementBUAD311 Operations ManagementSession 31More on Capacity ManagementSo far, we analyzed the process given thecapacity.How much capacity do we need to meet thedemand?2Capacity Requirement: ExampleKristen saw a high deman
USC - BUAD - 311
Probability ConceptsBUAD 311 Operations ManagementSession 41Quote of the dayWithout the element of uncertainty, the bringing offof even the greatest business triumph would bedull, routine, and eminently unsatisfying.-J. Paul Getty2What is Random
USC - BUAD - 311
Waiting Line TheoryBUAD 311 Operations ManagementSession 61Last ClassThe Psychology of Waiting-linesMeasuresDriving factors Variability Utilization rate Risk pooling2Managerial ImplicationsPooling servers is generally more efficient Better p
USC - BUAD - 311
SimulationBUAD311 Operations ManagementSession 71ObjectivesARESGenerate random numbers.Simple Examples Portfolio Optimization Project Management New Product DevelopmentSimulate waiting lines2Random Number Generator= RAND() generates a random
USC - BUAD - 311
Illustrative Exam 11SolutionsBUAD311 Operations ManagementFall 2011Section A: Multiple ChoicesCircle only one.1. Which of the following statement is correct?a. Make-to-order systems are better than make-to-stock systems.b. Make-to-stock systems ar
USC - BUAD - 311
Introduction toLinear ProgrammingBUAD 311 Operations ManagementSession 121ObjectivesConcepts:Linear problemDecision variablesObjective functionConstraintsFeasible solutionsOptimal solution(s)Learn how to formulate a linear program in Excel2
USC - BUAD - 311
Practical Linear ProgramsBUAD 311 Operations ManagementSession 131Last ClassOptimization Decision Variable Objective Function ConstraintsLinear ProgramExcel Solver Setup the spreadsheet Setup the solverObjectivesMore on Excel Solver and line
USC - BUAD - 311
Introduction to ForecastingBUAD 311 Operations ManagementSession 141ObjectivesIntroduce the basic concepts of forecasting and itsimportance within an organization.Identify several of the more common forecastingmethodsMeasure and assess the errors
USC - BUAD - 311
Forecasting withTrend and SeasonalityBUAD 311 Operations ManagementSession 151PreviouslyImportance of forecastingForecastForecast is not a single numberError measure MADMoving averageExponential smoothingTradeoff: stability and responsiveness
USC - BUAD - 311
Introduction to RevenueManagement and Decision TreesBUAD 311 Operations ManagementSession 171ObjectivesIntroduction to Revenue Management History How it worksDecision making under uncertainty How to use Decision Trees2RM: A Basic Business Need
USC - BUAD - 311
Revenue Management ToolsBUAD 311 Operations ManagementSession 181RM: A Basic Business NeedIncreasing RevenueReducing CostWhat are the basic ways to improve profits?RevenueManagement$Profits2Elements of Revenue ManagementPricing and market se
USC - BUAD - 311
Network Revenue ManagementBUAD311 Operations ManagementSession 191What have we learned?SegmentationOverbookingCapacity ControlOur focus has been how to maximize theprofitability of each resource/productindependently2Real life is more complicat
USC - BUAD - 311
Illustrative Exam 2 1SolutionsBUAD311 Operations ManagementFall 2011Section A: Multiple Choices [No partial credits.]Circle only one.1. Of the following five expressions, how many are linear?x2 3 yylog x +35x 2 yy5x 25x + 2 ya)b)c)d)e)
USC - BUAD - 311
Inventory ManagementEconomies of ScaleBUAD 311 Operations ManagementSession 221ObjectivesWhy do we want inventory?Why do we not want inventory?Questions: When to order How much to orderCycle Inventory Economic Order Quantity (EOQ)2Why Hold I
USC - BUAD - 311
Demand UncertaintyNewsvendor ModelBUAD 311 Operations ManagementSession 231Previous LectureInventory and Inventory management Why do we carry inventory? What is the cost?Cycle Inventory EOQ Model and Formula Tradeoff: Ordering (set-up) Cost vs.
USC - BUAD - 311
Inventory Systems, Economies of Scale,and Demand UncertaintyBUAD311 OperationsManagementSession 24 (11/14/2011)1Review for Quiz #3: EOQAuthentic Italian Pizza imports special Italian flour tomake pizzas. The flour demand is 7,500 lb every month.T
USC - BUAD - 311
Root Beer Game-Bullwhip EffectBUAD311 OperationsManagementSession 25 (11/16/2011)1A Simplified Supply ChainFactoryDistributorWholesalerRetailersLeadtime = 2Leadtime = 2Leadtime = 2Leadtime = 2Leadtime = 2Leadtime = 2Leadtime = 2Leadtime =
USC - BUAD - 311
Supply Chain CoordinationBUAD 311 Operations ManagementSession 261What did we learn?Bullwhip Effect Why do we have the bull-whip effect? Operational Forecast Panic ordering Batch ordering Lead time (Delay)How information can impact the perform
USC - BUAD - 311
Practice #5Linear ProgrammingBUAD311 Operations Management1. The company produces three products, X, Y, and Z. Each unit of product X yieldsa profit of $12, Y $18, and Z $15. To produce the products we need threemachines 1, 2, and 3 and machine hour
USC - BUAD - 311
Question 1Decision variables:machine1machine2machine3unit profitprofitconstraitns<=<=<=x542y4102z344x12y18z15Question 2: The B&D Toy CompanyCostfrom/toJerusalemBombayAnkaraDemandBostonChicago1020141510187000070
USC - BUAD - 311
Question 1Decision variables:#units of x we produce#units of y we produce#units of z we produceThere are two worksheets. Compare them.machine1machine2machine30448unit profitprofit792constraitnsmachine1machine2machine3160232200<=<=<
USC - BUAD - 311
Practice #6Linear Programming Sensitivity AnalysisBUAD311 Operations Management1. Consider the following LP:Max 3x1 + 4x2 + 6x3 + 10x4Subject to:x1 + x2 + 3x4 120x1 + x2 + 3x3 + x4 150x1 + 2x2 + x3 + 2x4 100x1 0, x2 0, x3 0, x4 0After solving t
USC - BUAD - 311
Practice #7ForecastingBUAD311 Operations Management1. The following table gives actual sales of units for six months and a startingforecast in January.Actual10094106806894JanuaryFebruaryMarchAprilMayJuneForecast80a. Calculate forecasts
USC - BUAD - 311
Practice #9EOQBUAD311 Operations Management1) This is a probability mass function. Fill in the blankProbabilityValue0.210.120.15340.350.086130.2140.3150.22) Compute the expected value of random variable XXProbability100.1110.1
USC - BUAD - 311
Practice #9SolutionsEOQBUAD311 Operations Management1) This is a probability mass function. Fill in the blankProbabilityValue0.210.120.1530.1740.350.086130.2140.3150.22) Compute the expected value of random variable XXProbabilit
USC - BUAD - 311
Practice #10Newsvendor ModelBUAD311 Operations Management1) Consider a newsvendor problem and we are now thinking of increasing the orderquantity from Q to Q+1. The potential benefit of ordering this one unit is that you couldmeet the demand of one c
USC - BUAD - 311
Practice #10SolutionsNewsvendor ModelBUAD311 Operations Management1) Consider a newsvendor problem and we are now thinking of increasing the orderquantity from Q to Q+1. The potential benefit of ordering this one unit is that you couldmeet the deman
USC - BUAD - 311
Practice #11Inventory ManagementBUAD311 Operations Management1. SY Manufacturers (SYM) is producing T-shirts in 3 colors: red, blue and white. Themonthly demand for each color is 3000 units. Each shirt requires 0.5 pounds of raw cot ton that is import
USC - BUAD - 311
Practice #11SolutionsInventory ManagementBUAD311 Operations Management1. SY Manufacturers (SYM) is producing T-shirts in 3 colors: red, blue and white. Themonthly demand for each color is 3000 units. Each shirt requires 0.5 pounds of rawcotton that
USC - BUAD - 304
LeaderasChangeAgentIIForcesforChangeWorkforceTechnologyCompetitionSocialTrendsPoliticalTrendsTypesofOrganizationChangeIncrementalReactiveAnticipatoryRevolutionaryAdaptationRecreationFineTuningTransformationVideoOntheRoadAgain:HarleyDavi
USC - BUAD - 304
LeaderasDeveloperofTalentCorporateStrategy:HowfirmwilluseitsresourcestogaincompetitiveadvantageHumanResourceStrategy:HowfirmwillusehumanresourcestoimplementcorporatestrategyHumanResourceManagement:Policiesandpracticesusedtoimplementhumanresourcest
USC - BUAD - 304
LeaderasEthicalDecisionMakerWhereDoYouStand? Whatdoesethicsmeantoyou? Doesethicalbehaviorinbusinessaddvalue? EthkosWhatisethics? adispositiontobehaveinacertainway toleadaparticularkindoflife BusinessEthics comprisesprinciplesandstandardsthatgu
USC - BUAD - 304
LeaderasStylistLeaderasStylistTraitApproachTraitApproach Assumption:Leadersareborn Goal:Selectleaders Traits(examples) Ambition&energy Honesty&integrity Highselfmonitor Problems Traitsdonotgeneralizeacrosssituations Failstoclarifyimportanceofd
USC - BUAD - 304
LeaderasTeamDeveloperIWhyGroups/Teams?TasksbecomingmorecomplexTasksbecomingmoreinterdependentNeedformoreflexiblelaborforceNeedforfasterresponsetochangeGroups/teamsgenerallyperformbetterundertheseconditionsthanindividualsworkingaloneBut Coordinat
USC - BUAD - 304
LeaderasVisionaryTypesofOrganizationChangeIncrementalReactiveAnticipatoryRevolutionaryAdaptationRecreationFineTuningTransformationCenterforEffectiveOrganizations ActionResearchwithOrganizations helporganizationlearntoimproveitself generatene
USC - BUAD - 307
University of Southern CaliforniaMarshall School of BusinessBUAD 307Lars Perner, Ph.D., InstructorMarketing FundamentalsSpring, 2011RELEVANT FINAL EXAMQUESTIONS FROM PAST EXAMSBelow are questions from prior exams addressing issues covered on this
USC - BUAD - 307
University of Southern CaliforniaMarshall School of BusinessBUAD 307Lars Perner, Ph.D., InstructorMarketing FundamentalsSpring, 2011SAMPLE FINAL EXAMPart I: Multiple Choice. Please select the best answer for each question.1. Determinants of the su
USC - BUAD - 307
University of Southern CaliforniaMarshall School of BusinessBUAD 307Lars Perner, Ph.D., InstructorMarketing FundamentalsSpring, 2011SAMPLE FINAL EXAMPart I: Multiple Choice. Please select the best answer for each question.1. Determinants of the su
USC - BUAD - 307
University of Southern CaliforniaMarshall School of BusinessBUAD 307Lars Perner, Ph.D., InstructorMarketing FundamentalsSpring, 2011RELEVANT MIDTERM QUESTIONSFROM PRIOR EXAMSBelow are questions from prior exams addressing issues covered on this se
USC - BUAD - 307
University of Southern CaliforniaMarshall School of BusinessBUAD 307Lars Perner, Ph.D., InstructorMarketing FundamentalsFall, 2010SAMPLE MIDTERMPart I: Multiple Choice. On the actual exam, a Scantron sheet will be provided. Allanswers should be ma
USC - BUAD - 307
University of Southern CaliforniaMarshall School of BusinessBUAD 307Lars Perner, Ph.D., InstructorMarketing FundamentalsSpring, 2011SAMPLE MIDTERMKEY AND SAMPLE SHORT ANSWERSPart I: Multiple Choice. On the actual exam, a Scantron sheet will be prov
USC - BUAD - 306
1. Which one of the following terms is defined as the mixture of a firm's debt and equityfinancing?A. working capital managementB. cash managementC. cost analysisD. capital budgetingE. capital structure2. A business owned by a solitary individual w
USC - BUAD - 306
1. Which one of the following is the financial statement that shows the accounting value of afirm's equity as of a particular date?A. income statementB. creditor's statementC. balance sheetD. statement of cash flowsE. dividend statement2. The perce
USC - BUAD - 306
1. If a firm has a debt-equity ratio of 1.0, then its total debt ratio must be which one of thefollowing?A. 0.0B. 0.5C. 1.0D. 1.5E. 2.02. An increase in which of the following will increase the return on equity, all else constant?I. salesII. net
USC - BUAD - 306
1. Which one of the following terms is applied to the financial planning method which usesthe projected sales level as the basis for determining changes in balance sheet and incomestatement account values?A. percentage of sales methodB. sales dilution