OPIM101 Spring 2005 Practice Miderm

OPIM101 Spring 2005 Practice Miderm - Initials Midterm...

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Initials:_______ Midterm Examination, Spring 2005 OPIM 101: Introduction to the Computer as an Analysis Tool The Wharton School of the University of Pennsylvania Do not turn the page or open the exam until instructed to do so The exam is one hour and 50 minutes, closed book and closed notes. You are only permitted to use one 8.5"×11" sheet of paper with your notes hand-written or printed on it on either side. No other decision aids, including calculators or PDAs, are allowed. All answers must be entered IN PEN in the space provided below each question ONLY. You are not allowed to record your answer in any other space (including the back of each page). Step 1 : Read and sign the Code of Academic Integrity stated below. (We cannot accept your answers unless you sign this pledge.) Step 2 : In the spaces provided below print your name and Penn ID Number. Step 3 : Write your Initials on the top right of each page in the space provided. The University of Pennsylvania Academic Code of Integrity states: Any work that a student undertakes as part of progress toward a degree or certification must be the student's own, unless the relevant instructor specifies otherwise. That work may include examinations, whether oral or written, oral presentations, laboratory exercises, papers, reports, and other written assignments. Misconduct during an examination is a violation of the Code. Any student who violates this Code will receive a zero for the work in question and will be referred to the Office For Student Conduct for further action. I agree to abide by the provisions of the Code of Academic Integrity, and I certify that I will comply with the Code in taking this examination. Signature Print your name (last, first) :_______________________________________ PENN ID Number: _______________________________________ Circle your Section Number: 1 2 3 4 The exam consists of _7_ questions totaling __100__ points. This exam booklet consists of 21 numbered pages. Make sure your booklet is complete. 1 of 21
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Initials:_______ Please do not write on this page. This page is for use by the GRADERS only! 2 of 21 Question# Points 1 /20 2 /20 3 /20 4 /12 5 /13 6 /9 7 /6 TOTAL : / 100
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Initials:_______ ***Start of Examination*** 1. Spreadsheet Modeling (20 points) You are Chief Financial Officer of the Eagles Franchise, in charge of production planning for the Philadelphia Eagles 2006 clothing line. The Eagles will be selling shirts and caps. Each shirt retails for $15 and costs $5 to buy from the manufacturer. Each cap retails for $10 and costs $2 to buy from the manufacturer. The number of shirts demanded by consumers depends on whether the Eagles win the Superbowl or not – if they do, you project 100,000 shirts will be sold; if they lose, you project only 10,000 will be sold. The number of shirts stocked must be decided by you. If you decide to stock too few shirts, sales will be lost (since you can only sell what is in stock). If you decide to stock too many shirts, you risk losses due to overstocking if the Eagles
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OPIM101 Spring 2005 Practice Miderm - Initials Midterm...

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