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NEW QUESTION: 1
The components that make up the cost-of-quality are:
A. Preventive, Appraisal, and Failure Costs
B. Productivity, Efficiency, Effectiveness, and Reliability
C. None of the above
D. Run Chart, Pareto Chart, Scatter Plot, and Histogram
E. Preventive, Dynamic Testing, and Static Testing
Answer: A

NEW QUESTION: 2
You work as a senior administrator at Contoso.com. The Contoso.com network consists of a single domain named Contoso.com. All servers on the Contoso.com network have Windows Server 2012 R2 installed.
You are running a training exercise for junior administrators. You are currently discussing printer pooling.
Which of the following is TRUE with regards to printer pooling? (Choose all that apply.)
A. Pooled printers appear to workstations as a single printer.
B. A minimum of three printers are required to configure a printer pool.
C. The types of printer ports used in the pool must be mixed.
D. Each printer in the pool must have a different printer driver.
E. Printer ports used in the pool must be of the same type.
F. Printers in a pool must be of the same model, and use the same printer driver.
Answer: A,F
Explanation:
You can create a printing pool to automatically distribute print jobs to the next available printer. A printing pool is one logical printer connected to multiple printers through multiple ports of the print server. The printer that is idle receives the next document sent to the logical printer. This is useful in a network with a high volume of printing because it decreases the time users wait for their documents. A printing pool also simplifies administration because multiple printers can be managed from the same logical printer on a server.

NEW QUESTION: 3
Geneva Management (GenM) selects long-only and long-short portfolio managers to develop asset allocation recommendations for their institutional clients.
GenM Advisor Marcus Reinhart recently examined the holdings of one of GenM's long-only portfolios actively managed by Jamison Kiley. Reinhart compiled the holdings for two consecutive non-overlapping five year periods. The Morningstar Style Boxes for the two periods for Kiley's portfolio are provided in Exhibits 1 and 2.
Exhibit 1: Morningstar Style Box: Long-Only Manager for Five-Year Period 1

Exhibit 2: Morningstar Style Box: Long-Only Manager for Five-Year Period 2

Reinhart contends that the holdings-based analysis might be flawed because Kiley's portfolio holdings are known only at the end of each quarter. Portfolio holdings at the end of the reporting period might misrepresent the portfolio's average composition. To compliment his holdings-based analysis, Reinhart also conducts a returns-based style analysis on Kiley's portfolio. Reinhart selects four benchmarks:
1. SCV: a small-cap value index.
2. SCG: a small-cap growth index.
3. LCV: a large-cap value index.
4. LCG: a large-cap growth index.
Using the benchmarks, Reinhart obtains the following regression results:
Period 1: Rp = 0.02 + H0.01(SCV) + 0.02(SCG) + 0.36(LCV) + 0.61(LCG)
Period 2: Rp = 0.02 + 0.01(SCV) + 0.02(SCG) + 0.60(LCV) + 0.38(LCG)
Kiley's long-only portfolio is benchmarked against the S&P 500 Index. The Index's current sector allocations are shown in Exhibit 3.
Exhibit 3: S&P 500 Index Sector Allocations

GenM strives to select managers whose correlation between forecast alphas and realized alphas has been fairly high, and to allocate funds across managers in order to achieve alpha and beta separation. GenM gives Reinhart a mandate to pursue a core-satellite strategy with a small number of satellites each focusing on a relatively few number of securities.
In response to the core-satellite mandate, Reinhart explains that a Completeness Fund approach offers two advantages:
Advantage 1: The Completeness Fund approach is designed to capture the stock selecting ability of the active manager, while matching the overall portfolio's risk to its benchmark.
Advantage 2: The Completeness Fund approach allows the Fund to fully capture the value added from active managers by eliminating misfit risk.
Assuming no material change in the forecasting ability of GenM's managers and considering the core- satellite mandate faced by Reinhart, which of the following statements is correct?
A. The GenM information ratio will be relatively low.
B. The GenM information coefficient will be relatively low.
C. The GenM investor breadth will be relatively low.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The information coefficient (IC) measures manager skill. The information coefficient will be high, because the correlation between alpha forecasts and alpha reali2ations is expected to remain high. The investor breadth (IB) measures the number of independent investment decisions made within the investor's portfolio. The investor breadth will be low, because GenM employs a small number of active managers (the satellites managers), who, in turn, are mandated to consider only a small number of securities. The Information ratio = IC x (IB)1/2. The information ratio could be higher or lower, depending on the level reached for each of the variables. (Study Session 11, LOS33.p)