06ffx - University of Ottawa LAST NAME (PRINT) STUDENT #....

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University of Ottawa School of Management ADM 2303: STATISTICS FOR MANAGEMENT I FINAL EXAMINATION December 9, 2006 LAST NAME (PRINT) FIRST NAME (PRINT) STUDENT #. Section (Circle One): A B C D F G A Wednesday, 13:00 – 14:30 Friday, 11:30 – 13:00 Nash B Wednesday, 10:00 – 11:30 Friday, 08:30 – 10:00 Nash C Monday, 16:00 – 17:30 Wednesday, 14:30 – 16:00 Khoroshilov D Monday, 08:30 – 10:00 Thursday, 10:00 – 11:30 Wright F Tuesday 10:00 – 11:30 Thursday, 08:30 – 10:00 Wright G Monday, 19:00 – 22:00 Phansalker Time: 3 hours Total marks: 60 NOTE THAT YOUR NAME & STUDENT NO. GO ON THIS SHEET AND 4 ANSWER SHEETS Put your name on THIS sheet too! 1. It has the Academic Integrity Statement 2. Any notes here MAY help you in cases where you are close to pass/fail boundary. Answers without explanation of how they are found may get no marks. ALL ANSWERS (INCLUDING BRIEF EXPLANATIONS) GO ON THE ANSWER SHEET. The exam question sheets will not be marked, though space on the back of sheets is provided here for your rough work. Deposit question sheets in the box provided to allow for verification if needed. Note that there are marks for explaining your answers, so make sure you include brief explanations on the answer sheet. There are marks for identifying probability distributions. Calculators, 1 double-sided sheet of notes, on 8.5" by 11" paper (no stick- ons!) are allowed. In using tables, you do not need to interpolate, but take the nearest table value. Statement of Academic Integrity The School of Management does not condone academic fraud, an act by a student that may result in a false academic evaluation of that student or of another student. Without limiting the generality of this definition, academic fraud occurs when a student commits any of the following offences: plagiarism or cheating of any kind, use of books, notes, mathematical tables, dictionaries or other study aid unless an explicit written note to the contrary appears on the exam, to have in his/her possession cameras, radios (radios with head sets), tape recorders, pagers, cell phones, or any other communication device which has not been previously authorized in writing. Note: an examination answer sheet without the signed statement will not be graded and will receive a final exam grade of zero. Signature: ADM 2303 Final Examination Dec 9 2006 1
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Qu.#1 (Total 10 marks) A warehouse has 2 loading bays at which trucks arrive, at an average rate of 0.6 trucks per hour, to deliver goods. If there are more than 2 trucks at the warehouse at any time, the 3 rd , 4 th and subsequent trucks must wait for loading since there are only 2 loading bays. This congestion is inefficient and to alleviate it, the warehouse manager is considering two options (a) building a 3 rd loading bay at a cost of $325,000, or (b) purchasing mechanized loading equipment for $245,000 to speed up the loading of the trucks. a.
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06ffx - University of Ottawa LAST NAME (PRINT) STUDENT #....

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