TOM 350.01 (F16) Decision Support and Expert Systems
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Quiz 3
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10/17/16 4:55 PM
Submitte 10/17/16 5:38 PM
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California State Polytechnic University, Pomona
Computer Information Systems Department
Fall 2016
Course: CIS 310 Management Information Systems - online
Instructor:
Kan Wang
Office location: Building 98C Room 4-8
Office hours: Thursday 6pm-7:30pm
Phone:
Fordham University
Syllabus
Corporate Finance Policies
Summer II 2016
FNBU 3440 L11
Monday, Wednesday & Thursday 6-9 PM
Email: cannaliato@fordham.edu
Office hours: Before class and by appointment
Required Text: Stephen A. Ross, Randolph W. Westerfield, Br
TOM 350.01 (F16) Decision Support and Expert Systems
Quiz 1
Which of the following is *not* an optimizing strategy?
Correct Answer:
Correct Environmental impact analysis.
Question 2
In any problem context, before any effective investigation of alternative
b
c
d
e
Outpu # of
Materia
overhead
t
Workers l (ft)
Week
1
2
3
412
364
392
6
5
5
2840
2550
2720
4
408
6
2790
outputs/Labor Inputs
(bj)
Output
f
g
work week
Direct
labor
cost (per
hour)
1500
40
(cfh+di+gchf+e)
(CFH)
Inputs
Wages
0.5
(GCHF)
wk 1
51500
Labo
Chapter 18 - Project Management
Claudine Mallare
Joseph Maldonado
Katie Chi
Kimberly Rose
Project Management
Project Management involves all activities associated with planning, scheduling,
and controlling projects.
All project management decisions involv
Raw Bagels
Grilled Veggie
Veggie
Cream Cheese
Q33
Q34
Q35 *
Understanding the Supply Process: Evaluating Process Capacity 51
(Cranberries) International Cranberry Uncooperative (ICU) is a competitor to the National
Cranberry Cooperative (N CC)
' TOM 302
Midterm 3
Name: 4%_
Time: 110 minutes
20 pts.
1. A polling organization surveyed a random sample of adults over 25 years of age about their
reading of periodicais. One question asked the respondents if they could read just one national
weekly ma
TOM 302
Test 2 K422;
Open Book Closed notes
For each problem apply the most appropriate method for analysis .
Time: 110 minutes.
1. Suppose we have two sets of prediction for the ination rate for next year: one from a random
sample of Fortune 500 firms an
TOM 302
Midterm 1
Name: iii %
Open Book Closed notes
Time: 110 minutes.
10 pts.
1. Based on past experience, a telemarketing rm has found that calls to prospective customers take
an average of 2.0 minutes, with a standard deviation of 1.5 minutes. The dis
Question 1
1 out of 1 points
Question 1 to 6 are based on the problem below.
MamaMias Pizza purchases its pizza delivery boxes from a printing supplier.
MamaMias delivers on-average 200 pizzas each month (assume deterministic
demand). Boxes cost 20 cents
Question 1
1 out of 1 points
What are the common characteristics for projects? Choose all that apply.
Answers:
They are resource sensitive and normally have budgets.
They are time sensitive and normally have due dates.
They are composed of different inte
Which ones are included as dimensions of product quality? Choose all that apply.
Note: for all multiple answers questions in this assignment, wrong selection results in
deduction of the points for the question. Minimum possible point for a question is 0.
Question 1, 2, and 3 are based on TOM301 Supplement Material Chapter 3 Question 3.5 on
page 43 - "Bagel Store"
Question 1: Study the bagel store process and according to your calculation, what is the
implied utilization rate at task "cut"?
(Round the num
Inventory Management
Yuanjie He
1
Outline
What is inventory?
What is the importance of inventory?
What is inventory management?
Count
Classify
Order
2
Inventory Management
What is inventory?
3
What is inventory?
From accounting view:
Raw materials
The management of Cabinets Unlimited wants to know how long it will take to assemble a new cabinet in
their product line. To that end, the Production Manager has identified the following tasks (and task times)
that must be accomplished:
Task
Description
A
Project Management Exercise
The management of World Airways wants to determine the minimum amount of time
needed to turn around a plane from the moment it reaches the gate until it is ready to
leave the gate. To that end, the flight manager has identified
Problem 1 Inventory Profiling
Given the information below, conduct an ABC analysis and determine which items should be classified
as A, B and C.
SKU
Annual Usage
Item Value ($)
A
2,800
0.22
B
300
50.00
C
275
11.00
D
700
8.00
E
45
400.00
F
1,250
0.80
G
2,0
Project Management
Yuanjie He
1
Outline of this module
What is a project?
One type of processes!
Common characteristics
What is project management?
Managers responsibility
Basic PM planning and analysis
Project diagram
Answer basic questions about
1. Home Depots annual turns are 4.7, its Cost of Goods Sold (COGS) is $44.7 Billion.
What is the average inventory it holds in $ Billion?
2. A companys holding cost is 16% per year. Its annual inventory turns are 9.5. The
company buys an item for $50. Wha
1. Consider the following four step process:
A
B
C
D
The following data are available for the four steps:
Activity time per unit (min)
Capacity per worker (units/min)
Number of workers
A
0.25
4
2
B
0.33
3
3
C
0.2
5
2
D
0.5
2
4
Suppose the steps in activit
Consider a service process with three types of resources, 1, 2 and 3. The operating hours are 8 hours per
day. This service provider offers different service packages (A, B and C) to customers. The demanded
time is given below. Assume that the total deman
Problem 1 Project Schedule
The following network shows all the major activities on the circles (nodes). Each node contains
time estimates in weeks.
Complete the following table.
Activity
A
B
C
D
E
F
G
H
Time
Earliest
Start
Earliest
Finish
Latest
Start
Lat
Inventory Management Supplement Exercise 1
Problem 1:
You are managing a warehouse and trying to estimate the inventory costs. Here is some information you
have collected.
In this warehouse, there is only 1 SKU item type Y.
The total warehousing cost - in
7.14
Given x = annual spending on food prepared at home, normally distributed with = $5000, and =
$1000. Using the approximate areas beneath the normal curve
a. P(x > 8000) = 0.0015
b. P(5000 < x < 7000) = 0.4775
c. P(x < 6000) = 0.8415
d. P(3000 < x < 60
11.75
The null and alternative hypotheses are:
H0: 1 2 , or 1 - 2 0 (Emily's suspicion is not warranted)
H1: 1 > 2 , or 1 - 2 > 0 (Emily's suspicion is warranted)
x 1 and x 2 are the average repair estimates given to women and men.
The pooled estimate of
10.54 Null and alternative hypotheses: H0: = 38 minutes and H1: 38 minutes
In this two-tail test, the p-value (0.085) is less than 0.10, so we reject H0 and conclude that the actual
population mean time for completion might be some value other than 38 min
CHAPTER 9
9.80
Since is known, we will use the standard normal distribution. For a confidence level
of 99%, z = 2.58. The 99% confidence interval for is:
21.5
x z
341 2.58
341 9.376 , or from 331.624 to 350.376
n
35
We have 99% confidence that the true m