BrightWave Electronics manufactures smart home sensors and relies heavily on a specialized microcontroller sourced from a single overseas supplier. To streamline purchasing decisions, the operations team plans to apply the basic Economic Order Quantity (EOQ) model.Before adopting it, the chief operations analyst asks the team to verify whether the assumptions of the classic EOQ framework align with the nature of this component. Which of the following statements are consistent with assumptions or implications of the basic EOQ model in this context? Choose all that apply.

The exam is 120 minutes. You will have an additional 15 minutes to print (if available), scan, and upload. If you submit after the allotted time, your exam will be considered late and may incur a late penalty. After you complete your exam, scan your solutions into one .pdf file.  Please upload your completed exam file by clicking on the “Add File” button underneath Question 1’s blank answer field. Download exam file here : CE507 Final Exam RULES: As outlined on page 1:   While working on the exam, you are not allowed to discuss the questions with anyone but the proctor. If there are any doubts about what is being asked in any of the problem statements, please notify the proctor. The only permitted for use during the exam are pen or pencil and a scientific calculator (TI-89 or equivalent). The last pages of the exam contain equations that may be pertinent in helping solve the problems; feel free to separate these pages from rest of the exam for easier reference. No use of a computer or the internet is permitted. One self-contructed equation sheet is permitted; front and back sides may be marked. The equation sheet may not contain any worked problems and should be turned in (scanned) with the exam. Proctors for students taking the exam remotely should confirm that students do not have access to their cell phone during the exam.    Note from Professor:  Students are permitted to use a scientific calculator and can bring an equation sheet (front and back) with general formulae. No worked problems are permitted to be on the formula sheet, and the formula sheet must be turned in with the exam. No access to the internet or the book/lecture notes if permitted on the exam.  If your exam utilizes Gradescope’s Student App, Do NOT upload to Gradescope.  You will only upload your scanned exam file to this D2L quiz.

The data file Moviesurvey.csv contains a table of survey data that was collected at a summer movie festival.  Using this data answer the following questions: a) is there an equal proportion of individuals surveyed attending each of the movies shown?  b) is there some association between the marital status and the age of the survey respondents? Be sure when answering these questions you perform any relavant descriptive analysis and verification of the testing process.

Which of the following is NOT one of the three big categories of commerce that Congress can regulate, according to the opinion in U.S. v. Lopez (1995)?

SELECT ALL THAT APPLY Identify the Supreme Court Justices who are supporters of states’ rights ***Note: Incorrect answers will subtract from the total number of correct answers***

U.S. v. United States Shoe Corp (1998) settled the Hamilton and Madison beef over whether taxation can be used as a police power

Which of the following cases introduced the Streams of Commerce Doctrine?

Under the doctrine of U.S. v. E.C. Knight Co (1895), manufacturing is included in commerce

James Madison supported using tax as a police power ONLY when it is clearly enumerated in the Constitution

Which of the following is an example of proper Procedural Due Process?