Data cleansing involves all of the following except
a. filtering out or repairing invalid data
b. summarizing data for ease of extraction
c. transforming data into standard business terms
d. formatting data from legacy systems
B
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What is the period of copyright protection provided for individuals under the Copyright Term Extension Act of 1998?
A. Individuals are granted 20 years of copyright protection, after which it has to be renewed for a fee. B. Individuals are granted copyright protection for their lifetime plus 70 years. C. Individuals are granted 95 years copyright protection from the year of first publication of the work. D. Individuals are granted 120 years copyright protection from the year of creation of the work.
Takt time is the cycle time needed to maximize utilization of an organization's workers and equipment
Indicate whether the statement is true or false
Refer to the data on Expected Demand for Acme Widgets. Based on the Hurwicz criterion, what is the payoff for the “do nothing” option if you used the coefficient of realism of 0.6?
a. $45.20 million
b. $16.44 million
c. $57.00 million
d. $33.42 million
Goodweek Tire, Inc, has recently developed a new tire, the SuperTread, and must decide whether to make the investment. The research and development costs so far total $10 million
Market research (costing $5 million) shows that there is significant demand for a SuperTread type tire. The SuperTread will be produced and sold for the next two years. Goodweek Tire must initially invest $120 million in production equipment. This equipment can be sold for $51,428,571 at the end of two years. The equipment is classified as 15-year property for depreciation purposes. The SuperTread is expected to sell for $45 per tire. The variable cost for each SuperTread is $15. Analysts expect automobile manufacturers to build five million new cars this year and for production to grow 2.5% in the following year. Each new car needs four tires. Goodweek Tire expects the SuperTread to capture 10 percent of the market. Assume that revenues and expenses occur at the end of each of the two years of production. Working capital is equal to 15% of sales. Investments in working capital are made at the beginning of each year. Assume a tax rate of 40%. At the end of the terminal year, the working capital is liquidated. What is the NPV for the proposed acquisition if the cost of capital is 7.64%? MACRS Depreciation Rates Year 10-Year 15-Year 1 10.00% 5.00% 2 18.00% 9.50% 3 14.40% 8.55% A) $11.6M B) $11.8M C) $12.0M D) $12.2M E) $12.4M