MANAGEMENT INFORMATION SYSTEMS: MANAGING
16th Edition
ISBN: 9780135790939
Author: LAUDON
Publisher: PEARSON
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Chapter 1, Problem 1RQ
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- Information system including computers, mobile handled and digital mobile devices are become the essential part of business nowadays.
- Using information system one can improve the client side relationship...
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Three major trends of information system:
- The new part of information system includes the big data, digital platform and cloud computing.
- Big data is used to analyse, process and exact the knowledgeable information from the complex and large sets of data.
- Today digital platforms are used to establish the end-to-end business between client and the provider...
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Digital firm characteristics:
- Digital firm is organization or company in which they are establishing their business.
- The core business process accomplished by digital networks which also leads to significant relationship with employers, customers, and suppliers...
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Challenges in Globalization:
- Providing service in business become a challenge when it comes to globalization.
- Marketing for less expensive goods leads to decrease in revenue.
- Employers need to update themselves based on the technology their use...
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Six reasons to prove information systems are important:
- Customer and supplier intimacy.
- Through communication the customer and supplier intimacy can be improved.
- New business models, products and services.
- Using business tools and information system one can create their new business models, products and provide new services.
- Decision making
- Decision making became easier because availability of data are increased...
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Southern Airline has 15 daily flights from Miami to New York. Each flight requires two pilots. Flights that do not have two pilots are canceled (passengers are transferred to other airlines). The average profit per flight is $6000. Because pilots get sick from time to time, the airline is considering a policy of keeping four *reserve pilots on standby to replace sick pilots. Such pilots would introduce an additional cost of $1800 per reserve pilot (whether they fly or not).
The pilots on each flight are distinct and the likelihood of any pilot getting sick is independent of the likelihood of any other pilot getting sick. Southern believes that the probability of any given pilot getting sick is 0.15.
A) Run a simulation of this situation with at least 1000 iterations and report the following for the present policy (no reserve pilots) and the proposed policy (four reserve pilots):
The average daily utilization of the aircraft (percentage of total flights that fly)
The…
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Chapter 1 Solutions
MANAGEMENT INFORMATION SYSTEMS: MANAGING
Ch. 1.1 - Prob. 1.1CQCh. 1.1 - Prob. 1.2CQCh. 1.1 - Prob. 1.3CQCh. 1.1 - Prob. 1.4CQCh. 1.2 - Prob. 2.1CQCh. 1.2 - Prob. 2.2CQCh. 1.2 - Prob. 2.3CQCh. 1.2 - Prob. 2.4CQCh. 1 - Prob. 1IQCh. 1 - Prob. 2IQ
Ch. 1 - Prob. 3IQCh. 1 - Prob. 4IQCh. 1 - Prob. 5IQCh. 1 - Prob. 1RQCh. 1 - Prob. 2RQCh. 1 - Prob. 3RQCh. 1 - Prob. 4DQCh. 1 - Prob. 5DQCh. 1 - Prob. 6DQCh. 1 - Prob. 7HMPCh. 1 - Prob. 8HMPCh. 1 - Prob. 10HMPCh. 1 - Prob. 11CTPCh. 1 - Prob. 12CSQCh. 1 - Prob. 13CSQCh. 1 - Prob. 14CSQCh. 1 - Prob. 15CSQCh. 1 - Prob. 16MLMCh. 1 - Prob. 17MLM
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