Fill in the table below. (Enter your responses as whole numbers.) Each Activity Should be Reduced BY (days) Activity ABCDE
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- Mal-VX Present x Ellucian x | To Do A X Quizzes Xx CA priva x1b Home] /d21/lms/quizzing/user/attempt/quiz start frame auto.d21?ou-3101790&isprv &qi-3848618&cfql=0&dnb=0&fro f Final Exam-Q1-Q11 3 6 9 ation XBXE Question 10 (1 point) Listen A private equity firm is considering five competing projects in which to invest in the upcoming quarter. The firm needs to decide how to allocate its available capital based upon the combination of projects (denoted as A to E) selected to maximize returns (based upon net present value (NPV)). Table 1 below presents the capital requirements and the NPV for each project, along with the associated risk (given as a percentage of the initial investment). The company has $43 million in capital to allocate, with the goal of having an average associated risk of no more than 5%. There are some additional constraints to be met: (i) if project B is selected, then project E is also selected; (ii) one of the two projects A and C must be selected but not both;…4. Happy Toy Company's R&D The Happy Toy Company's R&D department is always looking for great ideas for new toys. On average, the R&D department generates about 10 new toy ideas a week. To go from idea to approved product, the idea must go through 5 stages: Pr(Fail) = 40% Pr(Fail) = 50% Pr(Fail) = 65% Pr(Fail) = 80% Initial Safety testing Focus Final decision Mockup screening group In initial screening a staff member spends 2 hours considering the idea. In mock-up, the idea is sent to one of many suppliers to produce a physical mock-up of the toy. There is essentially unlimited capacity at this stage, but it takes 4 days to get the mockup built even though multiple mockups can be built simultaneously. In safety testing each idea requires 2 days from a staff member to have the idea checked for safety. In focus groups each idea requires 3 hours from a staff member to have the idea test marketed. Finally, the management team meets for 4 hours per idea to decide if the toy should be added…A risk matrix, also called frequency-severity table is used to analyse risks.a. Describe how this matrix is utilised in the analysis of risks.
- Wheelchair marathon 2010 The Boston Marathon hashad a wheelchair division since 1977. Who do you thinkis typically faster, the men’s marathon winner on footor the women’s wheelchair marathon winner? Becausethe conditions differ from year to year, and speeds haveimproved over the years, it seems best to treat these aspaired measurements. Here are summary statistics for thepairwise differences in finishing time (in minutes):(www.boston.com/sports/marathon/history/champions/)Summary of wheelchrF - runMN = 34Mean = -3.57SD = 35.083a) Comment on the assumptions and conditions.b) Assuming that these times are representative of suchraces and the differences appeared acceptable forinference, construct and interpret a 95% confidenceinterval for the mean difference in finishing times.c) Would a hypothesis test at a = 0.05 reject the nullhypothesis of no difference? What conclusion wouldyou draw?Understanding the potential causes of risk events will primarily help an organization to * Improve internal audit procedures. Comply with corporate governance standards. Eliminate all risks Reduce the frequency of lossThe remaining part of the case and question below : Fortunately, shipboard emergencies are infrequent, but when they do occur they are problematic. For instance, the Costa Concordia hit a rock and sank off Italy, causing32 people to die. A generator fire on the Carnival Triumph stranded 4000 passengers for four days. Sporadically, viruses causing diarrhea and vomiting strike cruise ships, causingCarnival to take an infected ship out of service to eradicate all traces of the virus by sanitizing virtually every object on board.Although these incidents are costly, the cruise industry has a fatality rate three times better than airlines. Economic Issues Spending for a cruise is generally considered discretionary. During recessions, people are more apt to take shorter cruises and to embark from nearby ports rather than flying to faraway points of departure. Interestingly, however, in comparison with other segments of the tourist industry, cruise lines have fared well during economic…
- Provide two examples for each element: A. Expected benefits. B. RisksThere are 2 scenarios in which it is necessary to give a sustained response: there is a production of radioactive material that belongs to abandoned lots of which there is no record of origin or specific details of each material, these materials are used as energy generators in eastern europe a report is requested that reports the state of the material for which a report is requested1. What contributions would be provided in said report, consider assumptions that are duly substantiated According to the visual inspection of the materials, an engraving is observed on the bar containers, for which traceability is carried out, obtaining a record with all the weights and coding of the materials present, however, it is requested to compare the information to ensure a range of reliability that the batches are described in the record2. How would you ensure the reliability of the report, taking into account that you want to avoid handling these materials as much as possible?Minimax Regret CONTRACT 400u 500u 700u 900u SIZE 300u 1,500 1,200 600 500u 900 600 400 700u 300 400 800 800u 200 600 1000 Worst Regret for: 300u = 1,500 500u = 900 700u = 800 800u = 1,000 : Show computation
- Choose one. According to the Leveson, et. al. article, ‘The analysis of a friendly fire accident using a systems model of accidents’, the shooting down of US Army Black Hawk helicopters can be best understood through: Analyzing dysfunctional controls in place at the time. Identifying inaccurate communications between the F-15 pilots and AWACS controllers. Recognizing incomplete coordination between independently controlled elements. Identifying flawed mental models within the command and control system. Using a systems model to look at all aspects of the accident.W#3 FLIP Poisson Probability -- X W#3 FLIP Poisson Probability -- × Review Test Submission: W#3 S X + ← → C saintpeters.blackboard.com/webapps/assessment/review/review.jsp?attempt_id=_2909792_1&course_id=_45947_1&content_id=_1792690_1&outcome_id Started Submitted 3/16/24 4:14 PM 3/16/24 4:21 PM Due Date 3/22/24 11:59 PM Status Completed Attempt 6 out of 20 points Score Time Elapsed Instructions 6 minutes For Problems #1 through #10, consider the following context: The coffee house chain Corner Café operates some of its retail locations around the clock, twenty-four hours a Venti, was wondering about the number of customers overnight between 2 AM and 5 AM. Let x represents the number of customers who made purchases during that time selected locations on randomly selected dates. For example, 5% of these locations had exactly zero (0) customers during this overnight time period on a specific date. X P(x) 0 2 3 4 5% 6% ????? 13% 21% 5 6 7 8 ????? 15% 11% ????? She forgot to enter some…Suppose that each engine can be inspected before theflight. After inspection, each engine is labeled as being ineither good or bad condition. You are given thatP(inspection says engine is in good condition | engine willfail) .001P(inspection says engine is in bad condition | engine willfail) .999P(inspection says engine is in good condition | engine willnot fail) .995 P(inspection says engine is in bad condition | engine willnot fail) .005 a If the inspection indicates the engine is in bad con-dition, what is the probability that the engine will fail on the flight?b If an inspector randomly inspects an engine (that is,with probability .001 she chooses an engine that is aboutto fail, and with probability .999 she chooses an enginethat is not about to fail), what is the probability that shewill make an error in her evaluation of the engine?