ORIE 3510/5510 : Introduction to Stochastic Processes 1
Summer2009
Problem Set 2
Each question carries 10 points. Due in one week, on July 10 in class.
1. A fair coin is tossed repeatedly with results Y0 , Y1 , Y2 , . . . that are 0 and 1 with probability
ENGRI 1270
April 17, 2012
From the Return on Investment handout:
*
So you can see that the general formula for an investment, in terms of the annual return
rate is
Fn = P0 ( 1 + r )
n
where
Fn = the total value of the investment after n years
P0 = the ini
ENGRI 1270
Group Homework #1 due February 9, 2012
Note that this assignment requires a considerable amount of group interaction outside of
class. It is best to meet as a group in person to work this assignment.
Please list all of your names on your submis
ENGRI 1270
Equation List for Final Exam
These equations will be provided with the final exam.
I. Rate of Growth
II. P&L, Earnings per Share
If the number of shares outstanding has changed over the past year, we have to use the
timeaveraged amount of shar
ENGRI 127 Quiz #2 1. a. b. c. d. 2. a. b. c. d.
Name_
The macro view of entrepreneurship presents factors exhibiting a strong _. internal locus of control external locus of control environmental locus of control contemporary locus of control Entrep
Ethics
April3,2012
Whatwouldyoudo?
A. Save the 5 people
B. Do nothing and let the 5 people get hit by
the trolley.
Whatwouldyoudo?
A. Save the 5 people by pushing the cow onto
the tracks.
B. Do nothing and let the 5 people get hit by
the trolley.
C. There
ENGRI 1270
Quant Module #1
Growth Rates
Many entrepreneurs like to brag about the growth rate of their start up companies. Most
of the time, they are referring to the annual growth in revenue. Revenue is also known as
net sales. Annual net sales is the to
ORIE 35510/5510 : Introduction to Stochastic Processes 1
Summer 2009
Absorption Probabilities
Let cfw_Xn n1 be a (time homogeneous) Markov chain with state space S and transition matrix P .
We can write S = T T c where T is the set of all transient states
ORIE 3510/5510 : Introduction to Stochastic Processes 1
Summer 2009
Problem Set 1
Each question carries 10 points. Due in one week, on July 7 in class.
Reading: You should have reviewed Chapters 13, and be browsing in Chapter 4.
1. In a multiple choice t
Cornell University
Introduction to Entrepreneurship and Engineering Enterprise
ENGRI 1270
Course Syllabus Spring 2014
Time: Tuesday & Thursday, 10:10 to 11:25 AM, Olin 255.
Professor:
email:
Phone:
John Callister, Ph.D.
jc62@cornell.edu
(607) 3397420 ce
ENGRI 1270
Here is the list from the prelim:
Reading/discussion topics
1. Early capitalism
2. Birth places of capitalism
3. Markets
4. Free riders, early stock markets
5. Price information, Greshams law
6. Patents and trademarks
7. Prices, Arrow/Debreu, c
ENGRI 1270
March 6, 2012
March 2  Packed house at Cornell University hears
Senator Gillibrand tell female students to study science
Often times, she said, it is
not initially obvious to
women how those STEM
fields can help people. So
it is important to
ENGRI 1270
Ethics
Consider the following situation.
You are walking with an acquaintance, Pat, on the way to class. Curiously enough, the
path to class takes you over a bridge (with no railing) over a trolley track. To your horror,
you see that there is a
ENGRI 1270
March 1, 2012
Hoovername for a vacuum cleaner in England
Might call it a Dyson today
In the 1970s, might call it a Kirby
In Kesslers view, Hoovers
decision to raise tax rates:
A. Was unconstitutional thus illegal
B. Was a good idea as it lowere
ENGRI 1270
February 28, 2012
Presidential Candidate Ron Paul
Ron Paul
Ron Paul wants to close the Federal
Reserve Bank and go back to the gold
standard.
Many call that a dangerous idea, but
the US was quite prosperous on the
gold standard.
Gold Standard 
ENGRI 1270
Return on Investment
Return is defined as the amount earned when investing money. If you invest $5,000
today in a startup company, you will receive shares of stock in the company. If you sell
the shares of stock to another investor a year late
ENGRI 1270
Industrial Revolution
Group Discussion Questions
1. Did higher education (universities) play a major role in the industrial revolution?
Why or why not?
2. Kessler focused on transportation, textiles, and steel. What are some other industries
th
ENGRI 1270
February 21, 2012
What movie is this from?
Lots of business lessons in
1980s movies
Joel Goodsons (Tom Cruise)
main objective in the movie is:
A.
B.
C.
D.
E.
Making money
Singing in his underwear
Getting into Princeton
Driving his dads
Porsche
ENGRI 1270
Group Homework #4
Due April 5, 2012
1. Bill Watney purchased 5,000 shares of Control Data Systems on February 9, 2000 for
$25,000. IBM Corporation acquired the entire company for $17.50 per share on
February 13, 2005. Find the return on investm
ENGRI 1270 Homework #5
Due April 19, 2012
Since we do NOT have class on April 19, please e mail your homework to the instructor
(jc62@cornell.edu) as a Word file or pdf file attachment on or before that date.
1. What is different about selling to business
ENGRI 1270 Homework #5
Due April 19, 2012
Since we do NOT have class on April 19, please e mail your homework to the instructor
(jc62@cornell.edu) as a Word file or pdf file attachment on or before that date.
1. What is different about selling to business
ENGRI 1270
Tentative Schedule
Date
Jan. 24
Jan. 26
Jan. 31
Feb. 2
Feb. 7
Feb. 9
Feb. 14
Feb. 16
Feb. 21
Feb. 23
Feb. 28
Mar. 1
Mar. 6
Mar. 8
Mar. 13
Mar. 15
Mar. 20
Mar. 22
Mar. 27
Mar. 29
April 3
April 5
April 10
April 12
April 17
April 19
April 24
April
Introduction to Entrepreneurship and Enterprise Engineering
ENGRI 1270

Spring 2012
ENGRI 1270
Homework #2
Due February 23, 2012
1. A small chain of sandwich shops rents a shoppingcenter location in Pittsford (which is an
upscale community full of welloff people) and rents a physically similar location in Rochester
(which is a nice pla
Introduction to Entrepreneurship and Enterprise Engineering
ENGRI 1270

Spring 2012
ENGRI 1270
Homework #3
Due March 8, 2012
1. Consider a new company, ZTech. ZTech is looking for outside investment. There are two
founders, and they have awarded themselves a total of 1,000,000 shares of stock, which are
fully vested. One founder, Cam N
Introduction to Entrepreneurship and Enterprise Engineering
ENGRI 1270

Spring 2012
ENGRI 1270
Homework #3
Due March 8, 2012
1. Consider a new company, ZTech. ZTech is looking for outside investment. There are two
founders, and they have awarded themselves a total of 1,000,000 shares of stock, which are
fully vested. One founder, Cam N
Introduction to Entrepreneurship and Enterprise Engineering
ENGRI 1270

Spring 2014
ENGRI 1270
Breakeven practice problems
Done in Class on February 27, 2014
1. Fred makes and sells material handling ramps for loading docks. The selling price of
each ramp is $600. His fixed costs are $40,000 per year, and his variable costs are $250
per
Introduction to Entrepreneurship and Enterprise Engineering
ENGRI 1270

Spring 2014
3/23/2014
Pizza Fusion
HVDB7  The Business Model Canvas (copy)  BMFiddle
The Business Model Canvas (copy)
HVDB7
The original Business Model Generation canvas by Alex Osterwalder
Key Partners
Who are our Key Partners
8 Key Activities
What Key Activities