SIMONFRASERUNIVERSITY
FacultyofBusinessAdministration
COURSE: BUS 336
TITLE:
Data and Decisions II
SEMESTER: Spring 2016
INDIVIDUAL ASSIGNMENT 1
SECTION: ( O ) D100 ( ) E100 ( ) D200
STUDENT NAME: Siyuan Liu Visual
STUDENT NUMBER: 301267614
Q1
Q2
By hand,
SIMON FRASER UNIVERSITY
BEEDIE SCHOOL OF BUSINESS
BUS 336 D100/E100 Data & Decisions II
Note: This is an individual assignment. Identical assignments will receive a
mark of 0.
Due: Thursday, Oct 2nd at 5:00pm. (Both Sections).
The D100 (Day Section) Drop
BUS 336: Normal Probability Distribution Problem Set
The Standard Normal Distribution
1.
Find the area under the graph of the standard normal distribution which lies:
(make sure you sketch and label the distribution diagram for each one)!
a) between z = 0
BUS 336 Burnaby (D100 and E100) Final Exam Info:
Date: Thursday April 18th from 7:00pm to 9:30pm
Location: GYMWEST
Format:
Closed Books, Closed Notes
Formula Sheet Provided
Please bring SFU Photo ID
Approx. 40% Multiple Choice
Approx. 60% Longer Ques
13Ch13_Render.QXD
2/6/09
6:25 PM
Page 1
CHAPTER 13
Inventory Control
Models
L EARNING OBJECTIVES
After completing this chapter, students will be able to
1. Understand the importance of inventory control.
2. Use the economic order quantity (EOQ) model to
d
ASSIGNMENT 3 SOLUTIONS
PROBLEM 1
a.
b.
The estimated regression equation is
y
= 32.1 +0.0037x1 + 0.00587x2
c. Since Significance F > 10%, the overall model is not significant.
d.
Since the p-value = 0.058 < 0.10, reject H O.
There is sufficient evidence t
542 CHAPTER 12 Forecasting Models
(b) What is the demand for a temperature of 25C?
(c) What is the demand for a temperature of 30C?
12-14 Data collected on the yearly demand for 25kilogram bags
of fertilizer at Wallace Garden Supply are shown in the fol-
DA Problem Set #2
Solutions:
1. MDDJ Decision Problem. Solution by hand:
Question 1 Using Treeplan:
Disassemble for Parts
11000
11000
11000
0.7
VSM Buys it
19500
Re-jig & try to sell to VSM
-500
13500
20000
19500
0.3
VSM doesn't buy
2
-500
13500
0
-500
0.
BUS 336
Decision Analysis Problem Set #2 Decision Trees and Bayes Theorem
1. MDDJ Co. has built a specialized processing machine for AJ Co. at a cost of $18,000.
Unfortunately, AJ has gone bankrupt and cannot take delivery of the machine. MDDJ has a
numbe
BUS 336 - DA Problem Set #1 Solutions
Textbook Solutions:
4. a)
Amount of Snow:
Size of
Order:
Large
Medium
Small
Heavy
$10
$8
$4
Normal
$7
$8
$4
Light
$3
$6
$4
Maximum
<-maximum
$10
$8
$4
Therefore, using Maximax Decision rule, Brenda should select a lar
Millers' Tax Computation
Known Parameters
Retirement Savings %
Maximum savings
Personal exemption
Standard deduction
Tax rates
Variables
Sue's estimated income
Rob's estimated income
Tax Computation
Total income
Retirement savings
Personal exemptions
Stan
Confidence Interval Estimate and Prediction Interval
Data
Confidence Level
Chlorides given value
Alcohol given value
95%
1
0.08
10
X'X
Err:502
Err:502
Err:502
Err:502
Err:502
Err:502
Err:502
Err:502
Err:502
Inverse of X'X
Err:502
Err:502
Err:502
Err:502
E
Review for Final Exam
BUS336
Final Exam
Examinable chapters/materials:
40%: examinable chapters in the midterm exam
60% the remaining chapters and additional text on linear regression
Format:
Similar to the midterm exam;
Written questions to explain t
M& R Carrot Product
Known Parameters (monthly)
Manual Process:
Fixed Costs
Unit Variable Costs
Selling Price Per Unit
$
$
$
Input Data
Unit, X
Results
Total Revenue
Fixed Costs
Total Variable Costs
Total Costs
Profit
(a)
(b)
c)
(d)
37,500.00
1.75
2.50
600
Chapter 9: Multiple Linear Regression
MLR: add additional independent variables to get an improved forecasting tools, minimize SSE
(Data => Data Analysis => Analysis Toolpak => Regression (label) (Residual Plots or Line Fit
Plots)
General form
bi = chang