Homework #5 IEMS 326
(due Tuesday, 11/20/14)
Problem 1 - Consider the following decision tree. Solve the decision tree.
Make sure to prune the sub-optimal branches.
a) Write the present value in the oval at each branching point.
b) What is the optimal ini
Homework #1 IEMS 326
(due Thursday, 10/9/14)
1. A $5000 loan was to be repaid with 8% simple annual interest. A total
of $5350 was paid. How long had the loan been outstanding?
2. The United States recently purchased $1 billion of 30-year zerocoupon bonds
Homework #6 IEMS 326
(due Tuesday, 12/2/14)
Problem 1 Suppose there are n mutually uncorrelated assets.
The return on asset i has variance 2i. The expected rates of
return are unspecified at the point. The total amount of asset i in
the market is Xi. We l
Homework #2 IEMS 326
(due Thursday, 10/16/10)
1. Suppose you had $10,000 to invest for one year. You are deciding
between a savings account with a 2% annual interest rate compounded
daily (alternative A) and one with a 2% annual interest rate
compounded m
Homework #4 IEMS 326
(due Tuesday, 11/11/14)
1. Our company is considering the installation of a new material handling
system that costs $150,000. This system is expected to save our company
$32,000 per year in labor costs for the next 15 years. Maintenan
Homework #3 IEMS 326
(due Thursday, 10/30/14)
1. A project has a life of 10 years, and no salvage
value. The firm uses an interest rate of 12% to
evaluated engineering projects. The project has
an uncertain first cost and net revenue.
First Cost
P
Net
P
R
Quiz 1
IE 202
Spring 2013
Closed book, closed notes. One 8.5 11 information sheet permitted. Fifty minutes. Three
problems. Explain your work! A formula, diagram, written comment can be an explanation. 60
points.
You are allowed to bring a calculator to t
Quiz 3
IE 202
Spring 2013
Closed book, closed notes. One 8.5 11 information sheet permitted. Fifty minutes. Three problems. Explain
your work! A formula, diagram, written comment can be an explanation. 60 points.
You are allowed to bring a calculator to t
Quiz 2
IE 202
Spring 2012
Closed book, closed notes. One 8.5 11 information sheet permitted. Fifty minutes. Three problems.
Explain your work even if the question does not ask you to! A formula, diagram, written
comment can be an explanation. 60 points.
Y
Prerequisite Checklist for Managerial Anayltics Certificate
Revised 11/18/13
Students interested in applying for the Managerial Analytics Certificate must take prerequisite courses in five (5) subject areas. Each
requirement is fulfilled when one of the O
Quiz 2
IE 202
Spring 2013
Closed book, closed notes. One 8.5 11 information sheet permitted. Fifty minutes. Three problems.
Explain your work! A formula, diagram, written comment can be an explanation. 60 points.
You are allowed to bring a calculator to t
Prerequisite Checklist for Financial Economics Certificate
Revised 11/12/13
Students interested in applying for the Financial Economics Certificate must take prerequisite courses in four (4) subject areas. Each
requirement is fulfilled when one of the Opt
Quiz 1
IE 202
Fall 2012
Closed book, closed notes. One 8.5 11 information sheet permitted. Fifty minutes. Three
problems. Explain your work! A formula, diagram, written comment can be an explanation. 60
points.
You are allowed to bring a calculator to thi
QUIZ 9_SOLUTION KEY
Customers arrive at a two-server system at a Poisson rate . An arrival finding the system
empty is equally likely to enter service with either server. An arrival finding one
customer in the system will enter service with the idle serve
Quiz 7
Consider a single machine-station with its repairman. When the machine fails, the repairman
repairs and it goes back to the production again. During this time, there is no backup machine to
replace the failed machine and therefore, the station woul
QUIZ 6: SOLUTION KEY
Problem Consider a customer who buys beer at regular intervals, say once a week, and every
time he has to decide among three brands: A, B, and C. From his buying records so far it has
been determined that his brand choice in week n+1
1
Quiz 2
Let
X
be a random variable with probability density
8
>
<
( )=>
fx
c
;
1
;
x
2
-1
:0
1
<x<
otherwise
(a) What is the value of ?
c
(b) What is the cumulative distribution function of ?
X
Solution
(a) Here is the key:
1
f (x)dx = 1
;1
Z
(1)
You can
Name:
Email:
Quiz #1
Below, you are given the description of a system that wed like to simulate. I want you to
read this system description carefully and perform sample path decomposition.
Hint: Tell me what the inputs, the logic, and the system events ar
IE 315
Spring 2001
Midterm Examination - Solution Key
B. Deler
This examination is open book and notes. You will have 1 hour and
10 minutes. Show all work, answer only the questions asked, and if you
need additional space use the back of the page. You onl
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