ETHICAL APPLICATION ASSIGNMENT #_
LISTS OF PROBABLE CONSEQUENCES:
If the action is taken
4. ETHICAL THEORIES
HW 7: due 12/9
Job Shop Scheduling Report:
The assignment involves two problems from the job shop
scheduling material. The two job shop scheduling problems
1. A machine shop fabricates and paints various household
metal products. Currently there are
HW 3: due 11/09
Submit a time study/work sampling lab report.
1. Using the time study data, perform a time and motion study
analysis of the assembly task, including computing the mean and
standard deviation of the times recorded.
2. Discuss the task as pe
HW3, due 2/05/09: 2.96, 2.104, 2.112, 3.40.
Note: question 2.112 asks you to download some data on baseball home runs from the course CD, and use the techniques of
this course to determine which one was the best. Obviously there
is no unique correct answe
IQR Rule for Outliers
1. Arrange data in order.
2. Calculate rst quartile (Q1), third quartile (Q3) and the interquartile range (IQR=Q3-Q1). CO2 emissions example:
Q1=0.9, Q3=6.05, IQR=5.15.
3. Compute Q11.5 IQR (=6.825) Compute Q3+1.5
IQR (=13.775) Anyt
Experiments and Observational Studies
Recall basic denitions:
Articles in the New York Times
Scarcity limited resources
Opportunity costs trade-offs
Entrepreneurship process of combining labour, land and capital to produce goods
Tough and risky decisions, new ways to improve, chance of making profit
Topic 1 What the Fuck is Economics
Scarcity: Not having all the stuff we want
Opportunity Cost: choices we make (choosing option A over option B)
Ex. Opportunity cost of college
Money costs: direct expenses of tuition and