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A young engineer has invented holographic mobile phones and has approached a venture capital company to invest in it. The venture capital company considers the product to be an all or nothing product: either everyone will want one because everyone else has one or no one will want one because there will be no one to use it with. The company believes that the probability that it will take off netting them a profit of $2000000 is 0.14. If it doesn't take off then they expect that they would loose $200000. They are considering using a consumer survey to gather more information. However, the company has experience that shows that the probability that the consumer survey will predict success for a product that will fail is 0.24, and the probability that the consumer survey will predict failure when the product will be a success is 0.07. What is the monetary value of the information from a consumer survey to the venture capital company in this case? (ie what is the maximum that they should spend on a consumer survey)?
What is the order of the overall transfer function, G(s) = V(s)/U(s)? (b) What is the gain of G(s)? Under what condition(s) is the process gain negative?
Determine the properties of the gas-vapour mixture using suitable models. Derive psychrometric relationships for the gas-vapour mixture and create the associated
Assuming that sucrose is produced by the reaction: 12CO2(g)+11H2O(l) yields C12H22O11(s) 12O2(g); delta H=5640kj calculate the percentage of sunlight used to produce the sucrose- that is, determine the efficiency of photosynthesis.
Principles associated with the theory of Creep and Viscoplasticity need to be identified and your understanding of these principles. Graphs, tables, calculation etc should be included for better illustration.
The doctor wants to find out the exact time at which the concentration of this antibiotic in the blood peaks in the patient. Determine this time and the concentration of the antibiotic in the blood stream at this time.
Describe the major technical areas involved in engineering a new biomaterial such as a contact lens. Are there differences with other biomaterial based products?
A 1 m^3 isolated chamber with rigid walls is divided into two compartments of equal volume. The partition permits transfer of heat. One side contains a nonideal gas at 5 MPa and 300 K and the other side contains a perfect vacuum. The partition is rup..
Determine mathematically the value and direction of a single resultant force which when acting upon the plate shown below would effectively replace the forces shown.
Radioactive cobalt-60 is used to study defects in vitamin B12 absorption because cobalt is the metallic atom at the center of the vitamin B12 molecule. The nuclear synthesis of this cobalt isotope involves a three-step process. The overall reactio..
Given the following experimentally determined standard molar entropies at 298.15 K and 1 bar, S [CH3OH]=126.8 J⋅K-1⋅mol-1 S°[CO]=197.7 J⋅K-1⋅mol-1
A strip of metallic scandium, Sc, is placed in a beaker containing concentrated nitric acid. A brown gas rapidly forms, the scandium disappears, and the resulting liquid is brown-yellow but becomes colorless when warmed. These observations best su..
List two reasons why water is seldom used as a solvent in sample preparation for infrared spectroscopy.
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