OPIM 201 Business Processes
Answer Key
Homework 4
Question 1: (15 points)
(a) Annual demand D=4,000, Ordering cost K=$250
Holding cost per unit per year H=0.20*150 = 30
Apply the EOQ equation and we obtain Q*= 258.2, just round it to 258.
(b) Time between
OPIM 201 Business Processes
Homework 4
Due at the beginning of Week 13
Question 1: (15 points)
Customers at Joes Office Supply Store demand an average of 4000 desks per year. Each
time an order is placed, an ordering cost of $250 is incurred. The annual h
OPIM 201 Business Processes
Homework 3
Due at the beginning of Week 12
Question 1: (20 points)
The purpose of this question is to show you how, in practice, we choose an appropriate
forecasting method, and how to choose the appropriate parameter value for
OPIM 201 Business Processes
Homework 2
Due on 5th of October
Submit it to the TA before the exam
Question 1: (5 points)
Suppose a process contains two tasks that operate with no buffer between them (see
figure below). Consider the three possible scenarios
OPIM 201 Business Processes
Homework 2
Solutions
Question 1: (5 points)
In scenario 1, when task time of B is 10, CT of the whole process is 10; when task time of
B is 12, CT of the whole system is 12. The probability of each case is 50%, so the average
C
OPIM201BusinessProcesses
Homework1bAnswerKey
Question1:(5points)
M3
Set Thermostat
and timer +
M1
M2
Baking
Washing,
Dish-up
1+9 min
Adding and
2 mins
Resource:
Mixing
Resource: You
Roommate (the 1st
6 mins
min only)
Resource: You
M6
M5
M4
Accepting
Packi
OPIM201BusinessProcesses
Homework1BCaseStudy(70Points)
DueatthebeginningofWeek5
Readtheminicasebelowandthenanswerquestionsthatfollow.
You and your roommate are preparing to start Kristens Cookie Company in your
oncampusapartment.Thecompanywillprovidefresh
OPIM201BusinessProcesses
Homework1AnswerKey
Question1:
M1
15 Mins
M3
M4
3 Mins
6 Mins
M2
15 Mins
(a) (5points)
Thesteadystatecanbereachediftheaverageoutputrateisequaltotheaverageinputrate.In
orderfortheprocesstohavenobuffer,inputshavetobestaggered.Weshoul
Finance 201
Corporate Finance
Payout Policy
Outline
Two forms of firm payout to shareholders:
dividends and stock repurchases
Payout policy: whether, how much, and how
to payout
M&M theorem of payout policy
How does payout policy affect firm value?
G
FNCE 229 Corporate Banking Seminar 8
Questions to Consider in Addressing Ethical
Issues
following viewing describe the ethical
1. How would you of the Movie, Inside Job.
issue?
2. What conditions created the issue?
3. How would you have handled the ethica
Foundationalconceptsinrisk,
finance&capital
QF305week13
PhilipFernandez
ManagingDirector,CorporateTreasury
10November2011
1
Foundation concepts in risk, finance & capital
There is a basic toolkit of cross-functional ideas which somehow don t usually get t
Lecture 4:
VaR system and extensions
Shirley Huang
(Chapter 6, 9, 10, 18 and 19)
1
Value at Risk systems
The structure of risk management systems can
be classified into two parts:
1.
2.
Models for exposure
1.
Local valuation
2.
Full valuation
Models for t
Lecture 1: Introduction
Shirley Huang
(Chapter 1, 2, 3 and 4)
1
The concept of Risk
Risk is related to the expected losses
(gains) which can be caused by a
risky event.
Uncertainty of
a factor or event
Probability of the
Occurrence of
the factor or event
Regression Assignment ECON1064
Background
You are a statistical consultant working in the fast moving consumer goods (FMCI) industry. Your
client competes in the diary sub-sector, in particular the cheese market. You have been engaged to
analyse various i