ses. Some courses can be used to fulfill more than one requirement: Calculus can fulfill the math requirement Operations Research can fulfill the math and OR requirements Data Structures can fulfill the computer and math requirements Business Statistics can fulfill the math and OR requirements Computer Simulation can fulfill the OR and computer requirements
Q: Jefferson Distributing is analyzing distribution networks with either 4, 5, 6 or 7 warehouses to…
A: Transportation + Inventory cost for 4 warehouses = 8 + 4*SQRT(4) = $ 16 million Transportation +…
Q: In SCM,is Change evaluation form need to come along with Change request form or just can use change…
A: In supply chain management, change management is quite an important practice, here, I would describe…
Q: Explain financial risk in project resources management
A: The monetary aspects of a project are subject to financial hazards. These could include…
Q: s Determine the placement of departments for a newly designed facility that will minimize total…
A: Find the Given details below: Given details: Distance between Locations (Yards) From/To 1…
Q: per restock What is the minimum sensible storage volume in the fast-pick area for this SKU, measured…
A: To determine the minimum sensible storage volume in the fast-pick area for this SKU, we need to…
Q: Complete the following table by computing the opportunity cost of Ciana's time and the total cost of…
A: To calculate Opportunity Cost, we must first calculate the two way time to travel to each store…
Q: Case Study 1: Forecasting Your line manager, Ms Lionheart, has collected and scrutinised performance…
A:
Q: George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats…
A: Seasonal average = sum total of a season of all years / number of years Grand average = Average of…
Q: Case Study: Anna runs a small cafe that’s really busy at lunchtime but quiet at other times. She…
A: Anna is a cafe owner, who is facing a problem where there are a lot of customers during lunchtime…
Q: Why if cleanbeebabys service so great, aren't others doin it?
A: In a popular Scott Adams cartoon, Dilbert comes upon an "inebriated hillbilly" asleep and lying on…
Q: Please put the data in excel , or at least try to do so. --------- Company Z has the following…
A:
Q: 2The plaintiff sellers concluded a FOB contract for the sale of wheat to the defendant buyers, by…
A: To explain: Whether the sellers were entitled to reject or not. Concept used: FOB contract: A clause…
Q: How much is the change in profit if the retail store requirement increases by 1 unit? O decrease by…
A: Given- Sensitivity Report-
Q: Analyze the most pressing issues in the field of risk management. Discussion How important is risk…
A: The field of risk management is constantly evolving and facing new challenges, but some of the most…
Q: international business. Practitioners and businesses alike state that the biggest disruptions were…
A: The COVID-19 outbreak has disrupted global supply chains at a rate and in a way that has never been…
Q: Analysis of Journal Article: Fergnani, A (2022) Corporate Foresight: A New Frontier for Strategy and…
A: ANSWER : Fergnani's article "Corporate Foresight: A New Frontier for Strategy and Management"…
Q: The table shows normal time (in days), crash time (in days), normal cost (in dollars), crash cost…
A: Here, In the table data, for each activity, I have been given the normal time data, crash time data,…
Q: what are the similarities of a research proposal and a research report?
A: The document created by the researcher to explain the study program in any project is known as a…
Q: Given the following table which represents the activities included in one of the construction…
A: A network diagram is a graphical representation of project which helps to identify the activity…
Q: You know when you have arrived at the optimal solution in using the time-cost CPM scheduling model…
A: Critical Path Method (CPM) The most common scheduling method in the transportation industry is…
Q: After plotting demand for four periods, an emergency room manager has concluded that a…
A: Trend adjusted Exponential smoothing -TAFt = St + TtWhere -St = Smoothed forecast = TAFt + α At -…
Q: d. Now based on regression analysis predict the number of patients that Dr. Fok will see in year 11…
A: Forecasted Robbery Rate - year 11 = 117.1Forecasted Robbery Rate - year 12 = 120.8MAD = ∑(Absolute…
Q: Time required for the sixth unit = ? d) Cost of the sixth unit = ?
A: Here, I would determine the time and cost required for the Sixth unit, the learning curve rate is…
Q: 3-16 Debbie Gibson is considering three investment options for a small inheritance that she has just…
A: Given- Returns for each possible combination-
Q: Question: What problem does the café face in terms of demand?
A: The café faces a problem in terms of demand in that they are experiencing long wait times for…
Q: 1. Explain the Design Criteria. (Feasibility, Acceptability and Vulnerability) Note: lesson for…
A: When making a product or project certain factors need to be evaluated before and on the basis of…
Q: A.). What do you think of the statement “Boeing dug its own grave by outsourcing so much of the 787…
A: Supply chain outsourcing refers to the practice of transferring the management and performance of…
Q: Answer the questions below in a Microsoft® Word document and save the file on your computer with…
A: Dear students, TRIVIUM may solve each question. Please ask the rest separately. Write a one-page…
Q: K Roger Ginde is developing a program in supply chain management certification for managers. Ginde…
A: Network diagram of the given activities:
Q: Better Products, Inc., manufactures three products on two machines. In a typical week, 40 hours are…
A: Decision Variable: Suppose-X be the quantity of product 1Y be the quantity of product 2Z be the…
Q: Assume the demand for a company's drug Wozac during the current year is 50,000, and assume demand…
A: The difference between the present value (PV) of a prospective sequence of cash inflows versus…
Q: how would you explain a project manager's professional standpoint that applies to their cultural…
A: The business growth is based on the ethical moves made by the management and owners of the…
Q: The call-center employees work five consecutive days and then have two consecutive days off. An…
A: Linear programming is one of the mathematical techniques that is widely used by companies. This…
Q: THE GREAT NUCLEAR FIZZLE AT OLD B & W EVERYTHING WENT WRONG WHEN THE VENERABLE BOILERMAKERS TURNED…
A: The knowledge and skill need to be successful in operations management the following skills are…
Q: Is it at all feasible to describe how the concept of optimality is used by dynamic programming?
A: Dynamic programming is a method for solving optimization problems by breaking them down into smaller…
Q: Describe sales and operations planning in terms of its purpose, components, and frequency and how…
A: Sales and Operations Planning (S&OP) is a business process which assists organizations in…
Q: a. Calculate the accounting and cash break-even annual sales volume in units. b. Bill Mayborn is…
A: Given, Fixed costs = $10000 Depreciation = $4000 Selling price = $16 Variable cost = $10
Q: 1. Problem: If a car driven 50,000 miles, how much would be the maintenance cost? 2. Use Linear…
A: Given-
Q: The fundamental element of management, which pervades each and every management function, is known…
A: Planning is a fundamental element of management which pervades each and every management fuction.…
Q: 3. Consider the following non-stationary process: 3t = 7o+y₁t+24. with uput-1+ and ei.i.d. ².…
A:
Q: What kind of link is created between the different functional units by ERP?
A: ERP or Enterprise Resource Planning is a business management software that organizations use to…
Q: CASE STUDY - Forecasting Your line manager, Ms Lionheart, has collected and scrutinised…
A: Line Manager Lionheart collects and reviews company performance data. She was concerned that certain…
Q: A firm cleans chemical tank cars in the Bay St. Louis area. With standard equipment, the firm…
A: As per our guidelines, we can only answer first three subparts, please post them under a different…
Q: of the model. A setup time of 15 minutes is also incurred per unit. a. Develop a minimum cycle to…
A: a. The minimum cycle length is determined by the highest processing time requirement. The total…
Q: What are the techniques and factors of supply chain risk management? Answer in less than 500 words…
A: Techniques and factors of supply chain risk management: There are several techniques and factors of…
Q: How should Ruby approach this briefing? Should she explain each type or should she discuss only the…
A: The executive development training programme includes Ruby Shelton. She has been given a job with…
Q: By looking at the Pareto chart, which issue is the highest priority and where will be appropriate to…
A: Usually in a pareto chart, the sample values are plotted in a descending order in which the largest…
Q: How could personal financial software assist you in your personal financial decisions?
A: Personal financial software can help you make informed financial decisions by providing you with…
Q: Garcia's Garage desires to create some colorful charts and graphs to illustrate how reliably its…
A: Given- P = Avg. proportion of customers return for repair within 30 day warranty = 0.12N = Sample…
Q: The San Diego Freeway 405 in Southern California showed the number of accidents during the past 6…
A: Given, The table for month and accidents. Least square regression line is given by, Y = b * X + a
To graduate from Pace University with a major in operations research (OR), a student must complete at least two math courses, at least two OR courses, and at least two computer courses.
Some courses can be used to fulfill more than one requirement:
- Calculus can fulfill the math requirement
- Operations Research can fulfill the math and OR requirements
- Data Structures can fulfill the computer and math requirements
- Business Statistics can fulfill the math and OR requirements
- Computer Simulation can fulfill the OR and computer requirements
- Introduction to Computer Programming can fulfill the computer requirement
Forecasting can fulfill the OR and math requirements.
Complete this template (show all formulas) and use Solver to minimize the number of courses needed to satisfy the major requirements (there could be multiple optimal solutions). Please also paste any Solver window used as well - thanks!
I will also attach a screenshot of the excel template for convinience and to help replicate.
Ans)
We will first prepare input table.
1 if that course satisfy that subject and 0 if not .
Step by step
Solved in 5 steps with 6 images
Thank you for the comprehensive answer and I agree with the methodology and the answer it produced. However, I am just wondering "how" the solution is feasable given the promt says it needs to take "at lease 2 courses in 3 subject areas." Even if the 3 subject selected fulfill the major/specialization requirements, wouldn't it be breaking the rules, if you will, that the studen wouldn't take enough courses in general to qualify for graduation?
- Use dynamic programming to solve 0-1 knapsack problem in which the knapsack can hold up to 13kg with the following items: Item Weight (kg) Value 1 3 12 2 5 25 3 7 501. A distillery produces two types of alcohol for filling and distributing, the regular beer and the premium beer. A batch of regular costs $375 to manufacture and a container of the Premium beer costs $420. The manufacturer wishes to establish the weekly production plan that minimizes cost. Production of these products is limited to processing, testing and material. Each batch of regular beer requires 4 hours processing whereas each batch of premium requires 2 hours of processing. Further each batch of regular requires 4 hours of testing compared to 6 hours of testing for a batch of Super. A batch of regular and a batch of Super each require 1 litre of material. Processing and testing have a maximum of 100 and 180 hours available and the total material available is 40 litres. Because of an agreement, the sales of regular beer are limited to a weekly maximum of 20 batches and to honour an agreement with a loyal distributor, at least 10 batches of premium beer must be sold each week.…3-2) The optimal quantity of the three products and resulting revenue for Taco Loco is: A) 28 beef, 80 cheese, and 39.27 beans for $147.27. B) 10.22 beef, 5.33 cheese, and 28.73 beans for $147.27. C) 1.45 Z, 8.36 Y, and 0 Z for $129.09. D) 14 Z, 13 Y, and 17 X for $9.81. 3-3) Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in values for beef inventory that would not affect the optimal product mix? A) 26 to 38.22 pounds B) 27.55 to 28.45 pounds C) 17.78 to 30 pounds D) 12.22 to 28 pounds
- 1.) Objective Function: Maximize Z = 60X₁ +50X₂ Subject to Assembly 4X₁ + 10X ₂ ≤ 100 hours Inspection 2X₁ + 1X₂ ≤ 22 hours Storage 3X ₁ + 3X₂ ≤ 39 cubic feet X₁, X₂ ≤ 0Solve the following completely by graphical method:a) corner point methodb) iso profit line 2.) Suppose, 240 acres of land available.Profit: $40/acres corn: $30/acre oats Have 320 hours of labor available.Corn takes 2 hours of labor per acre of land; however, Oats requires 1 hour of labor per acre of land. Problem: How many acres of each should be planted to maximize profit? a) Formulate the problem.b) Solve the problem using graphical method (corner point solution) and Iso profit method.1.A clockmaker makes two types of woodenclocksto sell at various malls. It takes him three hours to assemble a pine clock, which requires two oz of varnish. It takes four hours to assemblea molave clock, which takes four oz of varnish. He has eight oz of varnish available in stock and can work 12 hours. If he makes a P100 profit on each pine clock and P120 on each molave clock, how many of each type should he make to maximize his profit?2.A biologist is developing two new strains of bacteria. Each sample of Type A bacteria produces five new viable bacteria,and each Type B bacteria produces six new viable bacteria. Altogether, at least 150 new viable bacteria must be produced. At least 10, but not more than 20,of the original sample,must be Type A,and not more than 60 of the samples must be Type B. A sample of Type A costs P500,and a sample of Type B costs P700. If both types are to be used, how many samples of each type should be used to minimize the cost?2. A firm makes two products X and Y and has a total production capacity of 9 tons per day.X and Y requiring the same production capacity. The same has a permanent contract to supply at least two tons of X and at least 3 tons of Y per day to another company. Each ton of X requires 20 machine hours of production time and each ton of Y requires 50 machine hours of production time. The daily maximum possible number of machine hours is 360. The entire firm's output can be sold and profit made is 80 R.O of X and 120 R.O per ton of Y. It is required to determine the production schedule for maximum profit and to calculate this profit. Formulate a LPP.
- INCORRECT FORFormulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit. (Let BR = pounds of Brazilian beans purchased to produce Regular, BD = pounds of Brazilian beans purchased to produce DeCaf, CR = pounds of Colombian beans purchased to produce Regular, and CD = pounds of Colombian beans purchased to produce DeCaf.) Max 2.033BR+2.582BD+1.868CR+2.418CD INCORRECT Pounds of Regular BR+CR≤900 INCORRECT Pounds of DeCaf BD+CD≤400 INCORRECTNice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions. Custom designs can be tailored to a customer’s request. Tom and Ann are theowners of the company and source all the fabric, design the outfits and make the costumesthemselves. Tom and Ann keep spreadsheets with information on the material purchased andcostumes made, but they find it difficult to keep track of their products, raw materials, andsales. The raw materials are supplied from a fabric company in India, and the production takesplace in a manufacturing company in China. The clothing is sold at local weekend markets,sold, or rented through costume hire shops, and sold at their physical store. Tom and Annreceive a small percentage of the sales and rentals of their costumes from the hire shops.They have no information on customers other than those who request custom designsdirectly from them. In 2020, the Covid-19 pandemic had a major impact on global economies,businesses and how we…4) A printing company makes three grades of wall posters. The better-quality posters sell for Rs. 2.50, intermediate quality for Rs.2.00 and the poorer quality poster for Rs. 1.50. Paper costs Rs. 0.75 for each of the better-quality posters and Rs.0.50 and Rs. 0.25 for each intermediate and poorer quality poster respectively. Because of poor quality paper, the less expensive posters require two minutes of printing time while the other two require 1 minute of printing time only. The department is allocated Rs.150 per day for paper. There are 480 minutes of printing time available daily and each minute that is used to estimate to cost the company Rs. 0.25. In addition, the department incurs a fixed daily cost of Rs. 125, which are not affected by the quantity and quality of papers produced. You are asked to suggest as to how much each type of posters is to produce in order to maximize daily profit?(Don't use excel shortcut solve manually by Simplex LPP method)
- Although the problems say solve graphically, please solve all problems using the QM for Windows software or solve manually. B.6 The Christina Alvarez Company manufactures two lines of designer yard gates, called model A and model B. Every gate requires blending a certain amount of steel and zinc, the company has available a total of 25.000 Ib of steel and 6,000 lb of zinc. Each model A gate requires a mixture of 125 Ib of steel and 20 lb of zinc, and each yields a profit of 590. Each model B gate requires 100 1b of steel and 30 ib of zinc and can be sold for a profit of $70. Find by graphical IP the best production mix of yard gates.I need explaination and spreadsheet with formulas and step to step interpretation please.....The attached are first two pages of required assisance and below is the rest of instructions please consider all of them:c. Suppose the CEO says, “Projects 3 and 4 must be undertaken but not both.”Describe the constraint.d. Suppose the CEO says, “Projects 4 cannot be undertaken unless projects 1 and 3also are both undertaken.” Describe the constraints. Hint: You may need to add more than one constraint for this part.3. Multi-product Production Planning. Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The labor-hour requirements, by department, are as follows:Department Product 1 Product 2 Product 3A 1.50 3.00 2.00B 2.00 1.00 2.50C 0.25 0.25 0.25During the next production period, the labor-hours…A company must meet (on time) the following demands:quarter 1—30 units; quarter 2—20 units; quarter 3—40units. Each quarter, up to 27 units can be produced withregular-time labor, at a cost of $40 per unit. During eachquarter, an unlimited number of units can be produced withovertime labor, at a cost of $60 per unit. Of all unitsproduced, 20% are unsuitable and cannot be used to meetdemand. Also, at the end of each quarter, 10% of all unitson hand spoil and cannot be used to meet any futuredemands. After each quarter’s demand is satisfied andspoilage is accounted for, a cost of $15 per unit is assessedagainst the quarter’s ending inventory. Formulate an LP thatcan be used to minimize the total cost of meeting the nextthree quarters’ demands. Assume that 20 usable units areavailable at the beginning of quarter 1.