Exam: ECO361N B S08--Name____________________________

1. What is a byte? How many colors can you represent with a byte?

 

 

 

2. What is a diode?

 

 

 

 

3. What is venture capital?

 

 

 

 

 

4. What is the difference between an operating system and a computer language such as Java?

 

 

 

 

 

 

5. Why place a satellite at 22,000 miles around the equator?

 

 

 

 

 

 

6. How does a robot identify different products coming down the assembly line?

 

 

 

 

 

 

 

7. What is a client server network?

 

 

 

 

 

 

8 Why is HTML and XML and what is the difference1?

 

 

 

 

 

 

 

9.  Define discovery, invention and innovation and give an incentive system for each.  Briefly discuss: Discovery always leads invention in the development of new products.

 

 

 

 

 

 

 

 

 

 

 

 

10.  Binary numbers:  What two factors determine the quality of the binary representation of voice and discuss the difference between phone and CD grade quality?

 

 

 

 

 

 

 

 

 

 

11. Chips:  What has been the trend in the number of electronic components on a chip since 1960?  What are the economics of this trend?  What has been the impact of the cost of a bit of memory?  What is the economic limit of the number of components on the chip?  How steps do firms take to relax this limit?

 

 

 

 

 

 

 

 

 

 

 

12.          Describe two types of parallel processors.  What are the problems and promise of developing compilers for parallel processors?

 

 

 

 

 

 

 

 

 

 

 

13.           Why was the MAC interface an advance over DOS in the PC world?  How did the PC world react?    

 

 

 

 

 

 

 

 

14   Define and discuss the economics of intranets?

 

 

 

 

 

 

 

 

 

 

 

15. Define teleconferencing and telecommuting.  Give an example of a company organized through telecommuting?  Briefly discuss who benefits and who loses in telecommuting? What are towns doing to attract telecommuters? 

 

 

 

 

 

 

 

 

 

 

 

 

16. What is JIT?  What limits the application of JIT in the US? What approach has been taken in the US? Why does JIT require quality control?  Discuss two important factors of modern quality control.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17.      Research question:

WRITE IN INK OR LOSE 3 POINTS

Services and productivity since 1980

1. To what extent has the advance in information technology made production of goods more efficient?

2. To what extent has the advance in information technology made production of services more efficient?

2. Is there a measurement problem? Is so explain?