Questions from Analytics

Q: The Schoch Museum (see Problem 17 in Chapter 11) is

The Schoch Museum (see Problem 17 in Chapter 11) is embarking on a 5-year fundraising campaign. As a nonprofit institution, the museum finds it challenging to acquire new donors as many donors do not...

Q: For the profit model developed in Example 11.2 in Chapter

For the profit model developed in Example 11.2 in Chapter 11 and the Excel model in Figure 11.4, suppose that the demand is triangular with a minimum of 35,000, maximum of 60,000 and most likely value...

Q: In reviewing the PLE data, Elizabeth Burke noticed that defects

In reviewing the PLE data, Elizabeth Burke noticed that defects received from suppliers have decreased (worksheet Defects After Delivery). Upon investigation, she learned that in 2010, PLE experienced...

Q: An information system consultant is bidding on a project that

An information system consultant is bidding on a project that involves some uncertainty. Based on past experience, if all went well (probability 0.1), the project would cost $1.2 million to complete....

Q: Mountain Ski Sports, a chain of ski-equipment shops in Colorado,

Mountain Ski Sports, a chain of ski-equipment shops in Colorado, purchases skis from a manufacturer each summer for the coming winter season. The most popular intermediate model costs $150 and sells f...

Q: Part 1: PLE originally produced lawn mowers, but a significant

Part 1: PLE originally produced lawn mowers, but a significant portion of sales volume over recent years has come from the growing small-tractor market. As we noted in the case in Chapter 1, PLE sells...

Q: One of PLE’s manufacturing plants supplies various engine components to

One of PLE’s manufacturing plants supplies various engine components to manufacturers of motorcycles on a just-in-time basis. Planned production capacity for one component is 100 units per shift, and...

Q: Historical data show that customers who download music from a

Historical data show that customers who download music from a popular Web service spend approximately $26 per month, with a standard deviation of $4. Find the probability that a customer will spend at...

Q: In the Excel file Facebook Survey, use a PivotTable to

In the Excel file Facebook Survey, use a PivotTable to find the average and standard deviation of hours online/week and number of friends for females and males in the sample

Q: An online bookseller is considering selling an e-reader but will

An online bookseller is considering selling an e-reader but will only do so if they have evidence that the proportion of customers that will likely purchase one is at least 0.4. Based on a survey of 2...