Reference no: EM132195828
1. Suppose that you have calculated the control limits for a p-chart to be: LCL = 0 and UCL = 0.04. Today you took 10 samples of 20 units each. The first nine samples each had zero defect. The last sample had one defect. What can you conclude?
The proportion of defect for sample 10 is 0.05, therefore the process is out of control
A new UCL and LCL should be computed
The proportion of defect for sample 10 is 0.1, therefore the process is out of control
The proportion of defect for sample 10 is 0, therefore the process is still in control
The proportion of defect for sample 10 is 0.1, therefore the process is still in control
2. ____ is an example of Perfect Price Discrimination (First Degree)
Auction sites such as EBay where the buyer could put his maximum reservation price.
The regular membership price for the Metropolitan Museum of Art in NYC (Met) is $55, and the Students Discount price is only $45.
The pharmaceutical company, GlaxoSmithKline, charged different prices for its Aids drugs in different markets. In developed countries, the price is approximately $10,000 per patient per year, and in Africa, the price is $1,000 per person per year.
In the Publisher License Agreement contract signed between Microsoft and other game publishers, Microsoft offers quantity discount to its game publisher. If the publisher's order quantity is between 0 to 10,000 units, the price would be $20 per unit; if the publisher's order falls between 10,001 and 25,000 units, the price becomes $18 per unit; if the publisher could order more than 25,000 units, the price drops to $15 per unit.
3. Which of these situations most suggests vertical channel conflicts?
A department store executive responsible for buying jewelry says the products are not selling because the store's salespeople are not working hard.
A supplier of made-to-order blue jeans for Sears says that Sears salespeople are not good enough to sell non-brand name jeans and that's why the jeans aren't selling. One of three suppliers of jeans to Sears says that the jeans aren't selling at the retail level because one of the other suppliers let some bad jeans be shipped to Sears stores.
The president of Sears calls up the president of Penney's and demands that Penney's stop advertising that Penney's jeans are better than Sears.
Wholesaler A and Wholesaler B are in a price "war" trying to attract business from area hardware stores.
4. “First they demanded I use this clunky old slow laptop and made it clear that I could not use my new, fast as can be, personal computer. Now I’m told I can only access the customer data files by physically plugging directly into our office network. No Wi-Fi or cell-enabled Internet access is allowed when a computer is plugged into our customer-data network. Kiss goodbye the good-old days of working from home when the weather is bad. I now expect to see contractors erecting a totally electromagnetic-proof SCIF similar to those used by ‘black’ programs of the military. I know we have some sensitive client data here, but we’re a title company, for heavens sake. Every time some news story talks about hacking, the old man goes a little further off the deep end making it harder and harder for us to do our jobs.” What is the scope of security and privacy concerns commercial firms might have, and what tactics might a firm employ to address them. Is it truly the case that improvements in security and privacy always mean a decrease in workflow effectiveness and convenience? Support your answer with concrete examples and references.