
a.
Explanation of Solution
Comparing the value chains of the two business with regards to the management of bicycles:
In low cost business, the cycles which has been already used are acquired on cheaper cost. It takes less maintenance charge and minimal care should be taken to run the bicycle smoother. If the bicycle is damaged, it should be disposed and can’t be remodeled again.
In high cost business, the cycles are acquired from the quality oriented manufacturer...
b)
Explanation of Solution
Business process for maintaining bicycles for both business:
Maintenance for low-cost rental:
They will notproceed their maintenance work till they get the complaint from the customer...
c)
Explanation of Solution
Business process for acquiring bicycles for both the business:
The low-cost rental business uses the cheap bicycle parts. So, the sources used in the bicycle will not retain for more number of years...
d)
Explanation of Solution
Business process for disposing of bicycles for both businesses:
The low-cost rental bicycles are used till they break down completely. Once it is break down, the disposal of bicycle should be taken...
e)
Explanation of Solution
Roles seen in the
The information system for the low-cost rental will be quite simple and the index card will be allotted for each shoebox...

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Chapter 3 Solutions
Experiencing MIS
- Create a BankAccount Test class that contains a main() method that instantiates an object of type BankAccount, with account number of 12345, account holder name of "John Doe", initial balance of $1000 and account type as SAVINGS . Then use the deposit() and withdraw() methods of the object to deposit $500 and withdraw $300. Finally, use the getAccountInfo() method to print the current account information. Use the getAccountInfo() method to verify that the deposit and withdrawal actions are performed correctly and that the account information is updated accordingly.arrow_forwardAdd a new class checkingAccount that inherits from the BankAccount class, and has a double instance variable overdraft Limit in addition to the variables inherited from the superclass. • Create a constructor for the checking Account class that takes in the account number, account holder name, initial balance, account type and overdraft limit as input, and uses the super keyword to call the constructor of the superclass, passing in the account number, account holder name and initial balance, account type. • Re-write the withdraw() method in the checkingAccount class so that it first checks if the withdrawal amount is less than the current balance plus the overdraft limit. If it is, the withdrawal is allowed and the balance is updated. If not, the method should return an error message "Insufficient funds". • Create a new method displayOverdraft Limit() that returns the overdraft limit of the CheckingAccount . • In the BankAccountTest class, create a new object of type Checking Account…arrow_forwardExplain what the rwpos() function does. What is the base case? What values are passed to the recursive call? What value is returned by the original function call?arrow_forward
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