MGT 3501 – Practice Problems – Newsvendor Model 1. Johnson Electronics sells electrical and electronic components through catalogs. Catalogs are printed once every two years. Each printing run incurs a fixed cost of $25,000, with a variable production cost of $5 per catalog. Annual demand for catalogs is estimated to be normally distributed with a […]
Consider the following table: ACTIVITY PREC. ACT. TIME ESTIMATES (days) to tml tp te A — 6 6 6 B A 4 5 6 C A 2 4 6 D B 4 6 8 E C 2 4 6 F D 1 5 3 1) Construct a PERT network. 2) By using ES, EF, LF, […]
Quality Associates, Inc., a consulting firm, advises its clients about sampling and statistical procedures that can be used to control their manufacturing processes. In one particular application, a client game quality associates a sample of 800 observations taken during a time in which that client’s process was operating satisfactorily. The sample standard deviation for these […]
Statistics Instructions: Be sure to label the tables and graphs in a way that is understandable to someone who does not have access to the questionnaire or the raw data set. For example, when reporting information about Question 5 from the questionnaire, use labels such as “Liberal” in the frequency table, not codes such as […]
Applying Analytic Techniques to Business You are an analyst using the same company and five years of stock data. Having accessed the company data and placed it in an appropriate graphical format, you must now use descriptive statistics and analysis to develop a report to inform business decisions. Instructions After reviewing and integrating your instructor’s […]
One sample t Test Use Excel to test a hypothesis based on one given sample. Cholesterol level 154,168,134,201,208,220,225,228,201,207,168,211,203,254,268,198,298,135,154,189 Put our data in column A. In Cells A3-A22 we type our data and in cell A1 we type Cholesterol. Input the sample size n, that is how many elements in data do we have. In cell […]
Beginning of the Unit: Print off this document and complete each homework problem. You must show all steps using methods learned in this course. Problems with no work or using methods not taught in the course, will be given a grade of zero. Each problem is worth 3 points and will be graded. Make sure […]
Descriptive Statistics Instructions: Submit a word file containing your responses. You can simply use this page for drafting your answers Question 1. (1 point) Consider the following data sets: A: 9, 12, 13, 10, 11, 7, 13 B: 10, 10, 10, 10, 10, 11, 9 C: 1, 1, 10, 19, 19, 1, 19 a) Calculate […]
Topic: Assignment that needs to be done in microsoft excel format Paper details: Choose arbitrarily one bond fund, one Canadian equity fund, and one international fund that have at least five years of data. Obtain the data necessary to calculate the monthly rate of return for the past ten years. Use EXCEL to calculate the […]
Assignment Complete the assignment on this or a separate sheet of paper. ⦁ Order the four variables from least variation to most variation (which ones would have the smallest range/standard deviation to largest range/standard deviation). ⦁ Scores on a test in which all the students got a perfect score. ⦁ Scores on a test in […]
