The international Jewish encyclopedia
The international Jewish encyclopedia
13th Edition
ISBN: 9780134730660
Author: Ben Isaacson [and] Deborah Wigoder
Publisher: PEARSON EDUCATION (COLLEGE)
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Chapter 12, Problem 4.1CP
Summary Introduction

Case summary:

Company WS is a computer system and software product development and commercial sales company. Every year the company evaluates various R&D projects to undertake. The case is about analyzing five projects and rank them based on the expected value.

To determine: The expected value of each project and rank the projects for Company WS to consider.

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analysis needs to address the following issues: The battery temperatures are a major concern for us. Can you analyze and describe the sample data? What are the average and median temperatures? How much variability is there in the temperatures? Is there anything that stands out? Our engineers’ assumption is that the temperature data is normally distributed. If that is the case, what would be the likelihood that the Safety Zone temperature will exceed 5.15 degrees? What is the probability that the Safety Zone temperature will be less than 4.65 degrees? What is the actual percentage of samples that exceed 5.25 degrees or are less than 4.75 degrees? Is the manufacturing process producing units with stable Safety Zone temperatures? Can you check if there are any apparent changes in the temperature pattern? Are there any outliers? A closer look at the Z-scores should help you in this regard.
Factor Factor Description Weight Present Location Newbury Hyde Park 1 Average community income 0.35 2 Community growth potential 0.15 3 Availability of public transportation 0.20 4 Labor availability, attitude, and cost 0.30 3 2 3 2 35 20 25 75 33 28 55 55 25 75 65 50 50 55
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