Integrating transaction processing systems (TPS) with ERP allows organizations to streamline services but does not reduce labor costs. True O False QUESTION 21 Organizations are using artificial intelligence in their data and network security policies to deal with the increase in cybersecurity threats and the decrease of the effectiveness of traditional security means. O True O False
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- Question #4 - Jerry Smith is thinking about opening a bicycle shop in his hometown. Jerry loves to take his own bike on 50-mile trips with his friends, but he believes that any small business should be started only if there is a good chance of making a profit. Jerry can open a small shop, a large shop, or no shop at all. The profits will depend on the size of the shop and whether the market is favorable or unfavorable for his products. Because there will be a 5-year lease on the building that Jerry is thinking about using, he wants to make sure that he makes the correct decision. Jerry is also thinking about hiring his old marketing professor to conduct a marketing research study. If the study is conducted, the study could be favorable (i.e., predicting a favorable market) or unfavorable (i.e., predicting an unfavorable market). Develop a decision tree for Jerry.Question 2CWD Manufacturing makes three components for sale to refrigeration companies. Thecomponents are processed on two machines: a shaper and a grinder. The times (in minutes)required on each machine are as follows: Machine Component Shaper Grinder 1 6 4 2 4 5 3 4 2 The shaper is available for 120 hours, and the grinder is available for 110 hours. No more than200 units of component 3 can be sold, but up to 1000 units of each of the other components canbe sold. In fact, the company already has orders for 600 units of component 1 that must besatisfied. The profit contributions for components 1, 2, and 3 are $8, $6, and $9, respectively. (see image) If there are two possible answers one will suffice. Where necessary a range analysis must be shown.(convert to minutes)a) What is the optimal solution (in words)? b) An additional 4 hours of shaper time became available. Evaluate the effect? Explainc) Two hours of Grinder time was lost. Evaluate the effect? d) An additional…Question 2CWD Manufacturing makes three components for sale to refrigeration companies. Thecomponents are processed on two machines: a shaper and a grinder. The times (in minutes)required on each machine are as follows: Machine Component Shaper Grinder 1 6 4 2 4 5 3 4 2 The shaper is available for 120 hours, and the grinder is available for 110 hours. No more than200 units of component 3 can be sold, but up to 1000 units of each of the other components canbe sold. In fact, the company already has orders for 600 units of component 1 that must besatisfied. The profit contributions for components 1, 2, and 3 are $8, $6, and $9, respectively. (see image) If there are two possible answers one will suffice. Where necessary a range analysis must be shown.(convert to minutes)a) What is the optimal solution (in words)? b) An additional 4 hours of shaper time became available. Evaluate the effect? Explainc) Two hours of Grinder time was lost. Evaluate the effect? d) An additional…
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