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St. Joseph School > MBA > acc 498 (Other)

Exam
R359,20

Acc498 module quiz CBK-ADM Quiz 2017
Question
Question 1
Assume you have a normal distribution representing the likelihood of completion times. The mean of this distribution is 10, and the standard deviation is 3...

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Acc498 module quiz CBK-ADM Quiz 2017
Question
Question 1
Assume you have a normal distribution representing the likelihood of completion times. The mean of this distribution is 10, and the standard deviation is 3. The probability of completing the project in 7 or fewer days is the same as the probability of completing the project in 13 days or more.
Question 1 options:
True
False
Question 2
Suppose that 10 golfers enter a tournament and that their respective skill levels are approximately the same. Six of the entrants are female and two of those are older than 40 years old. Three of the men are older than 40 years old. What is the probability that the winner will be either female or older than 40 years old?
Question 2 options:
0.000
1.100
0.900
0.198
0.200
Question 3
Which of the following is not true about continuous random variables?
Question 3 options:
They can only be integer values.
Some may be described by uniform distributions or exponential distributions.
The entire area under each of the curves equals 1.
They have an infinite set of values.
The area under each of the curves represents probabilities.
Question 4
The number of cell phone minutes used by high school seniors follows a normal distribution with a mean of 500 and a standard deviation of 50. What is the probability that a student uses more than 350 minutes?
Question 4 options:
0.999
0.382
0.001
0.618
None of the above
Question 5
By studying a person\'s Utility Curve, one can determine whether the individual is a risk seeker, risk avoider, or is indifferent to risk.
Question 5 options:
True
False
Question 6
The following is a payoff table giving profits for various situations.
States of nature
Alternatives A B C
Alternatives 1 120 140 120
Alternatives 2 200 100 50
Alternatives 3 100 120 180
Do Nothing 0 0 0
What decision would an optimist make?
Question 6 options:
Do Nothing
State of Nature A
Alternative 3
Alternative 2
Alternative 1
Question 7
The following is an opportunity loss table.
What decision should be made based on the minimax regret criterion?
Question 7 options:
Alternative 1
Alternative 2
Alternative 3
Does not matter
State of Nature A
Question 8
An air conditioning and heating repair firm conducted a study to determine if the average outside temperature could be used to predict the cost of an electric bill for homes during the winter months in Houston, Texas. The resulting regression equation was:
Y = 227.19 - 1.45X, where Y = monthly cost, X = average outside air temperature
If the temperature averaged 48 degrees during December, what is the forecasted cost of December\'s electric bill?
Question 8 options:
157.59
227.19
172.09
None of the above
$227.19 - $1.45(48 ) = $157.59
Question 9
Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent). Forecast sales for the next day using a two-day moving average.
Question 9 options:
15
13
28
12.5
14
Question 10
Demand for soccer balls at a new sporting goods store is forecasted using the following regression equation: Y = 98 2.2X where X is the number of months that the store has been in existence. Let April be represented by X = 4. April is assumed to have a seasonality index of 1.15.What is the forecast for soccer ball demand for the month of April (rounded to the nearest integer)?
Question 10 options:
123
107
100
115
None of the above
Question 11
Which of the following is part of the determination of EOQ?
Question 11 options:
Annual demand
Cost of production labor
Total revenue
Purchase cost
Cost of stockouts
Question 12
Mark Achin sells 3,600 electric motors each year. The cost of these is $200 each, and demand is constant throughout the year. The cost of placing an order is $40, while the holding cost is $20 per unit per year. There are 360 working days per year and the lead-time is 5 days. If Mark orders 200 units each time he places an order, what would his total ordering cost be for the year?
Question 12 options:
$200
$2,000
$720
$2,720
None of the above
Question 13
Daniel Trumpe has computed the EOQ for a product he sells to be 400 units. However, due to recent events, he has a cash flow problem. Therefore, he orders only 100 units each time he places an order. Which of the following is true for this situation?
Question 13 options:
Annual ordering cost will be higher than annual holding cost.
Annual ordering cost will equal annual holding cost.
Annual ordering cost will be lower than annual holding cost.
Nothing can be determined without more information.
Annual ordering cost will be unaffected by the order policy change.
Question 14
Andre Candess manages an office supply store. One product in the store is computer paper. Andre knows that 10,000 boxes will be sold this year at a constant rate throughout the year. There are 250 working days per year and the lead-time is 3 days. The cost of placing an order is $30, while the holding cost is $15 per box per year. How many units should Andre order each time?
Question 14 options:
400
200
500
100
None of the above
Question 15
The mathematical theory behind linear programming states that an optimal solution to any problem will lie at a(n) __________ of the feasible region.
Question 15 options:
interior point or center
maximum point or minimum point
interior point or extreme point
corner point or extreme point
none of the above
Question 16
Consider the following linear programming problem:
Maximize 12X 10Y
Subject to: 4X 3Y ≤ 480
2X 3Y ≤ 360
all variables ≥ 0
The maximum possible value for the objective function is:
Question 16 options:
360.
1560.
480.
1520.
None of the above
Question 17
The first step in planning and scheduling a project is to develop the __________.
Question 17 options:
PERT/CPM network diagram
work breakdown structure
employee scheduling plan
variance calculations for each activity
critical path
Question 18
A straight line representing all non-negative combinations of X1 and X2 for a particular profit level is called a(n)
Question 18 options:
constraint line.
profit line.
sensitivity line.
objective line.
isoprofit line.
Question 19
Variations that usually occur in a process are called:
Question 19 options:
process variations.
control variations.
assignable variations.
natural variations.
none of the above
Question 20
A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the same window.Arrivals follow a Poisson distribution, while service times follow an exponential distribution. If the average number of arrivals is 6 per hour and the service rate is 2 every 15 minutes, what is the average number of customers in the system?
Question 20 options:
3.00
0.50
2.25
4.00
None of the above

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St. Joseph School > MBA > ACC498 (Other)

Exam
R359,20

ACC498 Module 5 CBK-MIS Quiz 2017
Question
Question 1
Every computer on the Internet has a(n) __________ address.
Question 1 options:
favorite
server
ISP
IP
Question 2
Which of the following statements is true...

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ACC498 Module 5 CBK-MIS Quiz 2017
Question
Question 1
Every computer on the Internet has a(n) __________ address.
Question 1 options:
favorite
server
ISP
IP
Question 2
Which of the following statements is true for programming languages?
Question 2 options:
Compilers translate high-level language programs into machine language programs.
Interpreter programs use assembly language as input.
Interpreted programs run faster than compiled programs.
None of the above.
Question 3
When a network does not have a server, all the computers essentially are equal, and programs and data are distributed among them. This is called a __________ network.
Question 3 options:
local area
simple
peer-to-peer
PC-to-PC
Question 4
A __________ is a person or an organization that seeks to obtain or alter data or other IS assets illegally without the owner\'s permission and often without the owner\'s knowledge.
Question 4 options:
target
key escrow
vulnerability
threat
Question 5
The term \"open source\" means that the source code of the program is __________.
Question 5 options:
less stable and platform dependent
available to the public
available exclusively through licensing
available only to carefully vetted contractors
Question 6
Which of the following are examples of information systems?
Question 6 options:
ATM
College registration system
Accounts payable
All of the above
Question 7
Cloud resources are __________ because many different organizations use the same physical hardware.
Question 7 options:
pooled
programmatic
portable
elastic
Question 8
An MIS does not help managers to gain:
Question 8 options:
market niche.
competitiveness.
operational efficiency.
none of the above.
Question 9
Which of the following is the presentation format of an application?
Question 9 options:
User interface
Botnet
Cookie
Process blueprints
Question 10
Scientific tools used to manipulate information to help choose the best of several possibilities is:
Question 10 options:
decision support systems.
transaction processing systems.
neural networking.
AI.
Question 11
Which of the following is the largest unit of measurement?
Question 11 options:
Terabyte
Megabyte
Kilobyte
Gigabyte
Question 12
Which of the following conditions exist when data are isolated in separated information systems?
Question 12 options:
Data segregation
Information silo
Information overload
Encapsulation
Question 13
What is source code?
Question 13 options:
An open source framework
File(s) containing statements that provide program instructions
A program that produces machine code
The object code
Question 14
A login password should not include __________.
Question 14 options:
lowercase letters
uppercase letters
personal information, such as birthdays
more than 8 characters
Question 15
Mark is transferring funds online through the website of a reputed bank. Which of the following will be displayed in the address bar of his browser that will let him know that the bank is using the SSL protocol?
Question 15 options:
ftp
https
.com
www
Question 16
The suite of communications protocols used in the Internet is called:
Question 16 options:
none of the above.
URL.
TCP/IP.
HTML.
Question 17
__________ is the activity of altering existing and designing new business processes to take advantage of new information systems.
Question 17 options:
Business process outsourcing
Business process modeling
Business process reengineering
Enterprise resource planning
Question 18
The physical components of a computer are referred to as __________.
Question 18 options:
software
hardware
configurations
specifications
Question 19
A(n) __________ is a computer program that senses when another computer is attempting to scan the disk or otherwise access a computer.
Question 19 options:
keylogger
access control system
intrusion detection system
botnet
Question 20
A relational DBMS allows you to create database structures containing __________.
Question 20 options:
table relationships
fields
tables
all of the above

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