PART 1
ANSWER ANY 3 OF THE 7 QUESTIONS USING PDF ATTACHED:
1. In the “drones” article, the author claims that “Drone economics are classically disruptive.” Do you agree? Why or Why not?
2. How do the two visions of drones “airplanes without pilots” and “smart phones with propellers” differ? What are the implications for business?
3. How can “connectivity” change the dynamics and evolution of drones? (similar to cloud robotics)
4. Can you identify applications in your industry or other industries that you are familiar with, that can benefit from drone technology?
5. Based on your understanding of data mining, contrast the two broad principal data mining techniques – Classification and Exploration.
6. In the chapter on data mining, the author discusses some myths about data mining. Comment on any two of them.
7. In the chapter on data mining, the author discusses some mistakes that occur in data mining. Comment on any two of them.
PART 2:
ANSWER ANY 2 OF THE QUESTIONS BELOW:
1. What does inventory management mean?
2. Discuss familiar examples of inventory management in your every day life.
3. What is the difference between continuous and period inventory systems? Which one is better?
4. What is an inventory model? Name some of the inventory models we discusses. What are the benefits and shortcomings of these models? Do you think it is helpful/interesting to study them?
5. How quantity discount EOQ model is different from EOQ model?
6. What is ROP? What is safety stock?
