decision making
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Q: 15
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13. a decision making approach that frequently seeks to obtain a mathematically optimal solution
a. quantitative method
b. linear programming
c. project models
d. qualitative method
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- 5 example of how linear programming can be used to inform managerial decision making.provide specific examples with calculations to support each point.Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?PLEASE HELP ME IM BEGGING YOU IM SOOOO CONFUSEDDD a) How many corner points does the feasible region have? b) Which point is one of the corner points of the feasible region? c) The optimal value of the objective function is d) Which statement is true? Question 12 options: Constraint x1 + 2x2 ≤ 16 is binding. Constraint 2x1 + 3x2 ≤ 18 is binding. Constraint x1 ≥ 2 is binding. Constraint x2 ≤ 10 is binding.
- At Jill's Custom Cakes, the shop includes different areas for mixing, baking, decorating, and packaging. This demonstrates the importance of ______. Question 11 options: A) methods planning B) location planning C) layout planning D) capacity planning E) quality planning42. A production manager for a manufacturing firm is preparing for the launch of a new product: Ihis launch will require eight employees with a specific skill set. The manager does not plan to hire new people for this project; instead, the manager will reassign from the current labor pool. What information does the manager need to calculate demand? A.Number of part-time employees B.Number of full-time shifts necessary C.Number of independent contractors D.Number of qualified workers14.This overtime-related Pay Rule takes into account both worked hours and eligible benefit time, such as vacation or personal days. Weekly Straight Overtime Rule Weekly Premium For Worked Hours Rule Weekly Overtime Evaluated at Week End Rule Weekly Guarantee Rule 15.Which functionalities allow a user to create schedules quickly and easily? Select all that apply. Schedule Copying TAFW Reports Post Schedule Shift Rotations All of the Above 16.What is the purpose of the Schedule Rule Policy? Notifies the employee a schedule is available or has changed. Rules that the employee must adhere to when making schedule change requests. Validates the employee’s scheduled shifts against configured rules. Validates that each employee has a schedule.
- The manager of a bulk foods establishment sells a trail mix for $9 per pound and premium cashews for $14 per pound. The manager wishes to make an 200-pound trail mix-cashew mixture that will sell for $11 per pound. How many pounds of each should be used? Question content area bottom Part 1 A. 80 lb of trail mix 120 lb of cashews B. 100 lb of trail mix 100 lb of cashews C. 140 lb of trail mix 60 lb of cashews D. 120 lb of trail mix 80 lb of cashews43) Which of the following is not an inventory of a manufacturing organizations? a. Machinery b. Work in progress c. None of these d. Finished goods7. Speaking of corporate dividend policy, the “information content” effect refers to:a) The tendency to attract investors who are sympathetic to its dividend policy.b) Companies will pay dividends from flows that cannot be reinvested in projects with a positive NPV.c) The theory that investors consider changes in dividends as forecast signals for earnings.d) Investors will be interested in those companies that pay the highest dividends.
- 9. Dana is 30 years old and owns a wedding planning business. She takes care of all wedding events details from arranging flowers, tables, theme to catering food to a high standard. She has a good reputation in the market. Recently, she discovered another food catering company with wider varieties and lower prices that her customers will love to have. Thus, she decided to write a negative letter to the current catering company to inform them about terminating their business together. Dana has to plan her negative letter very carefully and to explain the needs of her customers: * A.to avoid responsibility for the message B.to improve future performance on the part of the sender C.to avoid adding a personal message to the recipient D.to gain control of the context of the message E.to minimize damage to the business relationshipMultiple choice question 7. Lot sizing is selecting the _______ size of a batch of products to be manufactured to meet the ________ of the process. a) Smallest/demand b) Largest/supply c) Required/requirements d) Optimal/requirements e) None of the above 9. Identify the incorrect statement: a) Capacity is a critical resource b) Capacity is an infinite resource c) Capacity is never constant d) Capacity can be defined as a dimension of time e) None of the above are incorrect 10. The break-even point is where: a) Total income = Fixed cost + (variable costs x quantity produced). b) Total costs = Fixed costs. c) Variable costs x quantity produced = price per unit x quantity produced d) None of the above 10. Aggregate planning decisions are __________ decisions defining the parameters within which an organisation will operate. a) Strategic b) Tactical c) Top management d) Stakeholderf.o. Min z = 0,4 x1 + 0,5 x2Sujeto a:0,3 x1 + 0,1 x2 ≤ 2,70,5 x1 + 0,5 x2 = 60,6 x1 + 0,4 x2 ≥ 6x1,x2 ≥ 0Determinar x1 ,x2 y Min z