ECMC41H3S (LEC01) 2013 Winter
Industrial Organization
Final Examination Solutions
Michael Ho
Date: April 16th, 2013
Time: 7:00 9:30pm
Total 17 Pages (Including Cover Page)
Time Allowed: 2 Hours 30 Min
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Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I  Assignment #3 Winter 2017  Solution
Problem 1
The time t (years) to fail for a machine has the following density function f
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I Assignment #2 solution
Problem 1a
Because each ranking corresponds to a particular ordered arrangement of the 10 people, ther
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I
Assignment #2 Winter 2017
Due by Friday February 3 by 2pm in class.
Late Assignments will not be accepted. This assignment is
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I
Assignment #3 Winter 2017
Due by Friday March 17 by 2pm in class.
Late Assignments will not be accepted. This assignment is wo
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I
Assignment #4 Winter 2017
Due by Friday March 31 by 2pm in class.
Late Assignments will not be accepted. This assignment is wo
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I
Practice Problem Set 1 (Solutions will be posted on Monday Feb 6)
Problem 1
An inspector selects a random sample of 400 items
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I
Assignment #1 Winter 2017
Due by Friday January 27 by 2pm in class.
Late Assignments will not be accepted. This assignment is
Department of Management, UTSC
MGEB11 Quantitative Methods in Economics I  Assignment #1 Solution
Problem 1
(a)
Between 50 100 gives Z = 5. Chebyshevs theorem: 1
1
1
1 2 0.96 or 96%
2
z
5
(b)
From C
UTSC:
ECM C48 Midterm WINTER 2011: Solutions
Question 1. (20 Marks)
SOLUTION:
A)
The 3 functions of money. (6 marks 2 marks each)
1. Medium of Exchange (means of exchange):
Without money, we would hav
UTSC:
ECM C48 Midterm  SPRING 2010
Question 1. (20 Marks)  SOLUTION:
A)
(5 marks)
Transaction costs represent the cost of the time and money spent in carrying out
financial transactions (could be a
ECM C48 SAMPLE MIDTERM EXAM: Solutions
UTSC:
Question 1. (15 Marks)
SOLUTION:
A)
As covered in class the impacts of rising interest rates on bonds with different
maturities when all bonds are purchase
Question 5. (15 Marks)
A)
If all overnight market participants were Canadian Payments Association (CPA) members then
clearly the overnight interest rate must fluctuate within the operating band (i.e.
2
UTSC:
MGE C71 Midterm SUMMER 2013:
Solutions
Question 1. (20 Marks)
SOLUTION:
A)
iB and iL
DEAD WEIGHTLOSS
(for society)
LFS
iB
i*
Without perfect competition less
than the Optimal amount of LF (or
ECM C48: FALL 2012  SOLUTIONS
2
Question 1. (20 Marks)  Solution
A)
(5 marks 4 marks for 2 part definition & 1 mark for good explanation
of what makes money different)
Money is any asset that simult
1
MGEB02H FIRST MIDTERM ANSWERS AND EXERCISES
These notes provide solutions to the First Midterm, so that you can check your
work. There were 2 versions of the Midterm: Version Is cover page has the p
ECMA06 Introduction to Macroeconomics: A Mathematical Approach
Midterm,
Winter 2012
Version A
Date & Time: Saturday, March 3, 2012, 9:00am
10:30am Instructor: Iris Au
Aids Allowed: Nonprogrammable
c
Economics Review
LECTURE ONE
Factors of production
Land natural resources
Labour workers; unskilled or skilled
Capital equipment; productive resources that
create goods and services Scarcity lead
Wee k 1

7.6% une m ploy men t ra te in Canada curren tl y

Une mploy men t ra te is never nega tive or zero

Une mploy men t ra te is no t constan t; changes fro m ti me to ti m e.
Question: Why u
Chapter 16
Simulation
Case Problem 1: TriState Corporation
With the specific financial analysis data input into cells D3:D8, the formulas used to develop the portfolio
projection worksheet are shown
Chapter 9
Linear Programming Applications in Marketing, Finance, and
Operations Management
Case Problem 1: Planning an Advertising Campaign
The decision variables are as follows:
T1 = number of televi
Chapter 17
Markov Processes
Case Problem: Dealers Absorbing State Probabilities in Blackjack
1.
The first step is to create the transition probability matrix for the dealers hand. The states are
defin
Chapter 15
Waiting Line Models
Case Problem 1: Regional Airlines
1.
SingleServer Waiting Line Analysis
The analysis that follows is based upon the assumptions of Poisson arrivals and exponential
serv
Chapter 14
Inventory Models
Case Problem 1: Wagner Fabricating Company
1.
2.
Holding Cost
Cost of capital
Taxes/Insurance (24,000/600,000)
Shrinkage (9,000/600,000)
Warehouse overhead (15,000/600,000)
Chapter 13
Project Scheduling: PERT/CPM
Case Problem: R.C. Coleman
1.
R.C. Coleman's Project Network
D
A
Start
C
B
E
F
G
Activity
A
B
C
D
E
F
G
H
I
J
K
Activity
A
B
C
D
E
F
G
H
I
J
K
I
Earliest
Start
Chapter 11
Integer Linear Programming
Case Problem 1: Textbook Publishing
An integer programming model can be used advantageously to assist in developing recommendations.
Let xi =
cfw_1 if book i is s
Chapter 12
Advanced Optimization Applications
Case Problem: CAFE Compliance in the Auto Industry
1.
The model is
! PASSENGR CAR MILES PER GALLON;
PASSMPG = 30;
! LIGHT TRUCK MILES PER GALLON;
LTRUCKMP