Engineering Economy, Student Value Edition (17th Edition)
Engineering Economy, Student Value Edition (17th Edition)
17th Edition
ISBN: 9780134838137
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 14, Problem 4P
To determine

Ranking the alternatives.

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SurveyDonkey.com studied North Carolina cities to determine the best place to live in the state. The study considered five criteria: Odds of Being a Victim of a Violent Crime; Commute Time; Average Income; the percentage of Residents Who Attended College; and the number of Restaurants per Person. Based on these criteria, SurveyDonkey determined that the best city to live in in North Carolina is Mooresville. According to the study, “the low crime rate combined with the moderate commute time puts Mooresville at the top of our list.”   Explain whether it is A Good Thing or A Bad Thing for current residents of Mooresville that the town has been named the best place to live in North Carolina. Your explanation should incorporate one or more of the concepts we have introduced since the third test. Only explanations using one or more of these concepts can receive any credit
Firms in India are losing productivity because of Facebook. Office staff are spending too long on the social networking site. According to The Associated Chambers of Commerce and Industry (Assocham) employees use Orkut, Facebook, Myspace, and Linkedin for "romancing" and other purposes. On average, employees spend an hour a day on sites like Facebook. This reduces productivity by 12.5%. Nearly half of office employees accessed Facebook during work time. Some 83% saw nothing wrong in surfing at work during office hours. In September 2009 Portsmouth City Council in England banned staff from accessing Facebook on its computers when it was discovered that they spent, on average, 400 hours on the site every month. Analyze the possible consequences for businesses in India of banning access to Facebook and other social networking sites.
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