Exam 1 Review Sheet

Exam 1 Review Sheet - CSA 273 Review Sheet for Test 1 Date...

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CSA 273 Review Sheet for Test 1 Date of exam: Feb 11, 2008 Test will consist of 5 objective questions ( true-false, multiple choice) and 4 or 5 problems. You may use both sides of an 8.5 by 11 paper containing information. Topics covered on test Operations Research - Page 1 of Winston's book. 1. What is operation's research? 2. Origin of operation's research. Financial Models 1. Be able to explain and/or compute the following quantities: Break - even point Total profit Fixed costs Variable costs Marginal revenue Marginal cost Effects of dumping Effects of production above normal capacity Debt capital Equity capital Cost of money (minimum acceptable rate of return) 2. Evaluating financial projects using the time value of money a. Be able to calculate financial payments on a loan or mortgage. b. Be able to use present value analysis or use internal rate of returns to determine whether a project itself is worth undertaking, or whether it is a better alternative when compared to another project. c. Understand the concepts of salvage value and depreciation.
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Exam 1 Review Sheet - CSA 273 Review Sheet for Test 1 Date...

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