Highlander technologies makes three types of smart phones: the hipi, the hipii, and the oldgeezer. each smart phone requires some labor, in the fabrication department, in the assembly department, and in the shipping department. the smart phones are sold through a local dealer who has estimated the maximum demand for the coming quarter for the hipi, the hipii, and the oldgeezer of 300, 250, and 100 units respectively. the dealer makes profit of, $15, $24, and $18 for the hipi, the hipii, and the oldgeezer respectively. the fabrication department has a maximum of 1850 hours for the quarter. the assembly department has a maximum of 2400 hours for the quarter. the shipping department has a maximum of 1500 hours for the quarter. the hipi model requires 4 hours, 3 hours, and 3 hours for fabrication, assembly, and shipping respectively. the hipii model requires 6 hours, 5 hours, and 2 hours for fabrication, assembly, and shipping respectively. the oldgeezer requires 2 hours, 7 hours, and 4 hours for fabrication, assembly, and shipping respectively. the goal is to maximize profit with the best product mix. work-in-progress is ok.

Acompany is developing a new high­performance wax for cross country ski racing. in order to justify the price marketingwants, the wax needs to be very fast. specifically, the mean time to finish their standard test course should be less thanseconds for a former olympic champion. to test it, the champion will ski the course 8 times. the champion's times(selected at random) are 59.9 61.9 48.8 52.2 46.6 45.3 50.6 and 41.1 seconds to complete the test course. complete parts a and b below.a) should they market the wax? assume the assumptions and conditions for appropriate hypothesis testing are metfor the sample.assume=0.05. what are the null and alternative hypotheses? choose the correct answer below.b) suppose they decide not to market the wax after the test, but it turns out that the wax really does lower the champion'saverage time to less thanseconds. what kind of error have they made? explain the impact to the company of such anerror.

Find a company that has followed a strong strategic direction- state that generic strategy and the back-up points to support your position.

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?