Lynette is interested in finding a sedan car for work. Below is the summary of her criteria and the choices that she has selected as potential cars that she may purchase. She wants you to find out the best alternative based on these data.
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Lynette is interested in finding a sedan car for work. Below is the summary of her criteria and the choices that she has selected as potential cars that she may purchase. She wants you to find out the best alternative based on these data.
Note: Calculate the data given below in the same way as the rating scale. There is no need to convert the data into the rating scale before the calculation.
Criteria |
Weight |
Toyota Camry |
Volkswagen Passat |
Mazda 6 |
Hyundai Sonata |
Objective |
Drive-away price |
8 |
$51,673 |
$57,399 |
$55,040 |
$55,692 |
Min |
Engine size (L) |
3 |
2.5 |
2.0 |
2.5 |
2.5 |
Max |
Fuel tank capacity (L) |
5 |
50 |
66 |
62 |
60 |
Max |
Power:Weight (W/kg) |
5 |
97.3 |
108.3 |
104.8 |
130.2 |
Max |
Max torque (Nm) |
4 |
221 |
350 |
420 |
422 |
Max |
Fuel consumption (L/100km) |
7 |
4.7 |
6.9 |
7.6 |
8.1 |
Min |
Service cost (5 yr) |
6 |
$1,940 |
$2,692 |
$2,310 |
$1,446 |
Min |
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- Type the linear program, optimal solution, and objective function value in a word document. Submit your excel file. A political candidate is planning his media budget for an upcoming election. He has $90,500 to spend. His political consultants have provided him with the following estimates of additional votes as a result of the advertising effort: -for every small sign placed by the roadside, he will garner 20 additional votes. -for every large sign placed by the roadside, he will garner 30 additional votes. -for every thousand bumper stickers placed on cars, he will garner 15 additional votes. -for every hundred personal mailings to voters, he will garner 40 additional votes. -for every radio ad heard, he will garner 485 additional votes. The costs for each of the advertising devices, along with the practical minimum and maximum that should be planned for each, are shown on the following table. How should the candidate plan…The following table represents sales data for milk (in hundred liters) sold by a grocery.Do the computations to fill out the table and answer the following questions:1. Using MAD as the criterion, which of the following models would you use for thegiven time series data? Why?A. Naïve approach;B. 5-month SMA model;C. WMA model with weights 0.1, 0.3, and 0.6; orD. ES model with α = 0.5 and a forecast of 3,500 liters in the first month.NOTE: In answering Item 1, mention the whole description of the model; i.e., not just“SMA model”, but “SMA model with n = ...”; not just “WMA model”, but “WMA modelwith weights ...”; not just “ES model”, but “ES model with α = ...”.2. Interpret the MAD of the most accurate among the forecasting models above.3. Based on your decision in Item 1, what should be the forecast for Month 11?Management Science: XY Company manufactures and sells LCD monitor at P5000 each. The production officer reported the following: Sale price: P5000 per monitor direct materials cost: P1000 per unit direct labor cost: P550 per unit other overhead cost P950 per unit Fixed costs related to the production are also reported: salary of management: P200,000 rent for the factory: P150,000, other salaries: P140,000 depreciation of equipment: P12,000Compute the total variable cost
- Under Fundamental analysis the intrinsic value of the stock is meassured by analysing economic and financial factors. This method analysis the stock's real and fair market value. According to this analysis if the market price of the stock is lower than its fair market value then the stock is deemed to be underpriced, which means the stock price is going to rise in future. On the other hand if the fair market value of the stock is lower than its market price then it is assumed that the future prices of stock are going to decline. BASED ON THE STATEMENT ABOVE PLEASE DRAW THE GRAPH AND EXPLAIN IT ON U.S. SITUATIONA large CPA firm currently has 100 junior staffmembers and 20 partners. In the long run—say,20 years from now—the firm would like to consistof 130 junior staff members and 20 partners. During a given year, 10% of all partners and 30% ofall junior staff members leave the firm. The firmcan control the number of hires each year and thefraction of junior employees who are promoted topartner each year. Can you develop a personnelstrategy that would meet the CPA firm’s goals?write problem statement of following details Despite this inconsistency in the literature, several researches (Escrig-Tena, 2004;Vouzas and Psychogios, 2007; Rönnbäck and Witell, 2008; Yunis et al., 2013; Johansson et al.,2013; Calvo-Mora et al., 2014) argued that TQM is viewed as compiled of two substantialperspectives; philosophical and practical. The philosophical perspective of TQM (the “soft”side) is associated with the basic concepts and principles (Vouzas and Psychogios, 2007) thatreflect the organization view and its relation to customers, competitors and suppliers(Rönnbäck and Witell, 2008; Johansson et al., 2013). The practical perspective of TQM (the“hard” side) is associated with management activities and practices performed to embodythese principles (Rönnbäck and Witell, 2008; Johansson et al., 2013) to support decisionmaking,and facilitate continuous improvement (Calvo-Mora et al., 2014). The TQMprinciples are believed to be generic (Yapa, 2012) and cover a wider aspect…
- Define the decision variables ,Formulate the objective function, Formulate the constraints Sears Investment has $250,000 available to invest in a 12-month commitment. The money can be placed in Treasury notes yielding an 8% return or in municipal bonds at an average rate of return of 9%. Bank regulations require diversification to the extent that a t least 50% of the investment be placed in Treasury notes. Because of defaults in such municipalities as California and Texas, it is decided that no more than 40% of the investment be placed in bonds. How much should Sears Investment invest in each security so as to maximize its return on investment?As a prospective owner of a club known as the Red Rose, you are interested in determining the volume of sales dollars necessary for the coming year to reach the break-even point. You have decided to break down the sales for the club into four categories, the first category being beer. Your estimate of the beer sales is that 32,000 drinks will be served. The selling price for each unit will average $1.50; the cost is $1.25. The second major category is meals, which you expect to be 10,000 units with an average price of $12.50 and a cost of $6.00. The third major category is desserts and wine, of which you also expect to sell 8,000 units, but with an average price of $2.25 per unit sold and a cost of $1.25 per unit. The final category is lunches and inexpensive sandwiches, which you expect to total 24,000 units at an average price of $6.50 with a food cost of $3.75. Your fixed cost (i.e., rent, utilities, and so on) is $1,600 per month plus $2,200 per month for entertainment.…Sapphire Farm is a business that trains and boards horses and educates young riders about horse care, nutrition, and riding. The farm provides both a learning and a fun environment for young equestrians and their families. It also hosts horse shows for beginning riders to help them build confidence in the show ring and to prepare them for local horse shows by running shows in accordance with the rules and regulations of the National Hunter Jumper Association. Feedback from the horseshow judges are provided to all riders so they can do better at their next meet. In addition, all warm-up and training areas are fenced and monitored by adults for the children's safety. If the farm unintentionally hired someone to teach riding who was unable to deal effectively with small children, then a _____ would occur. A. service divergence B. quality underperformance C. performance breakdown D. product variation E. customer aberration