4. CREATE A GANTT CHART STARTING JANUARY 1, 2021. NO DAY-OFFS5. WHEN WILL THE PROJECT BE COMPLETED? (Write in week) TaskA. High level analysisB. Selection of hardware platformC. Installation and commissioning of hardwareD. Detailed analysis of core modulesE. Detailed analysis of supporting modulesF. Programming of core modulesG. Programming of supporting modulesH. Quality assurance of core modulesI. Quality assurance of supporting modulesJ. Core module trainingK. Development and QA of accounting reportingL. Development and QA of management reportingM. Development of Management InformationSystemN. Detailed trainingLength Type Precedent(week)Activity1122223111SequentialSequentialParallel1SequentialSequentialSequentialSequentialSequentialSequentialParallel1Parallel1 Parallel1ABADDEFGC,HEESequential LSequential I, J, K, M

Given, Task Length (week) Type Precedent activity A High-level analysis 1 Sequential B…

Answered: Task A. High level analysis B.…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section: Chapter Questions

Problem 59P

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A. Write a document with the following information: 1. What do you expect your job to pay when you start? 2. What benefits are musts for you? 3. What benefits would you like to have even though they are not musts? 4. Include the graph you generate in step B below. B. Create a spreadsheet and a graph of life vs funds For each year of your remaining life specify the amount you plan to save/invest/withdraw that year and how much you expect that amount to increase during the year (base on actual data – typical savings interest rate, typical stock market interest rate, typical CDs, typical…). Calculate how much your funds will increase/decrease over your life and create a life (x-axis) vs funds (y-axis) plot.
Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? A. Product_2 B. Product_1 C. Product_3 Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 25 13 5 $B$3 Product_2 175 0 25 8 9 $B$4 Product_3 0 −1.5 25 11 3 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700
The Bargain Hut has 2400 cubic feet of storage space for refrigerators. Large refrigerators come in 60-cubic-foot packing crates and small refrigerators come in 40-cubic-foot crates. Large refrigeratorscan be sold for a $250 profit and the smaller ones can be sold for $150 profit. How many of each typeof refrigerator should be sold to maximize profit and what is the maximum profit if:a) If the manager wants to sell at least 50 refrigerators must be sold each month, how many large refrigerators and how many smaller refrigerators should he/she order each month to maximize profit?b) At least 40 refrigerators must be sold each month.
The below is an extract from the fixed asset register of ABC Ltd as at 31 December 2019Date of PurchaseCostuseful lifeLand1-Jan-306,000,000.000Building28-Feb-172,000,000.0020Vehicle:650,000.00Toyota Hilux1-Oct-19 350,000.005Ford Ranger30-Jun-17 300,000.005Furniture and Fittings1-May-20150,000.002Activities throughout the 2020 Financial Period:1. New Machinery have been purchased on 01 April 2020 at a Cost of N$ 4000,000. The machinery has been installed on the 15 April 2020 and was available for use on the 01 May 2020. Machinery is the only property plant and equipment of the company that is measured according to the revaluation method.1.1. On the 30th of October 2020 management decided to revalue the machinery due to a drastic decline in the revenue from sale of machinery produced inventory.Net replacement cost for the machine as at the 30th of October 2020 is N$2 000 000.2. The Toyota Hilux was involved in an accident on 1 October 2020 due to the floods and was written off by the…
Mr Sng is a retiree in his late sixties. He has $100,000 to invest. He has no regular source of income and no other assets. He is evaluating between 3 different lump-sum financial products shown in Table 3. All products require a minimum investment sum of $100,000. Monetary returns represent the net gain after one year of investing in the product. For example, if Mr Sng chose to invest in Product B, he may lose $5,000 after one year if the GDP growth is negative. He will earn $8,000 if the GDP growth exceeds 2% at the end of the year. If you were in the shoes of Mr Sng, how would you select the appropriate investment product for a time horizon of one year? (i) Use the Optimistic, Conservative and Regrets payoff analysis approaches. State which product(s) Mr Sng should invest in and what monetary return he can expect from each approach (ii) As you have only enough funds for one product, identify the most appropriate investment product. [Hint: Be sure to consider the…
Tastie Food Company has decided to come up with two variety of tomato sauce – one that is spicy and another that is non-spicy. The variety of sauces are a blend of whole tomatoes, chili sauce and tomato paste. However, the two are blend differently such that they give the required taste. The spicy sauce is a blend of 50 percent whole tomatoes, 40 percent chili sauce and 10 percent of tomato paste. While the non-spicy sauce is a blend of 60 percent of whole tomatoes, 20 percent of chili sauce and 20 percent of tomato paste. Each sauce bottle weighs 250 grams. To produce the two variety of sauce, the management has decided to purchase 300 kilos of whole tomatoes, 120 kilos of chili sauce, and 90 kilos of tomato paste. The profit on each bottle of the sauce to 3.00 SAR and 2.75 SAR. You are supposed to prepare a report with the following details and submit to the management. How much of slack resource will be left unused at the optimal solution?
009. from: small and medium. There are two flavors to choose from: chocolate and strawberry. There are two toppings to choose from: cherries and nuts. The tree diagram below shows the possible outcomes. Use the diagram to answer the questions. Size small medium Flavor chocolate strawberry chocolate strawberry (a) How many outcomes are there? 8 outcome(s) Topping cherries nuts cherries nuts cherries nuts cherries nuts Outcome (small, chocolate, cherries) (small, chocolate, nuts) (small, strawberry, cherries) (small, strawberry, nuts) (medium, chocolate, cherries) (medium, chocolate, nuts) (medium, strawberry, cherries) (medium, strawberry, nuts) (b) How many outcomes do not have chocolate ice cream being chosen? outcome(s) (c) How many outcomes have both strawberry ice cream and cherries being chosen? outcome(s)
Homework #2 (about 700 words): Read the attached paper and watch the following webinar presentation on a sustainability mindset. Then answer the following two questions: https://southernct.blackboard.com/bbcswebdav/pid-2700856-dt-content-rid-38030675_1/xid-38030675_1. Kassel, K., Rimanoczy, I., & Mitchell, S. F. (2018). A sustainability mindset model for management education. In Developing a sustainability mindset in management education (pp. 3-37). Routledge. Link: Session #46 Isabel Rimanoczy: “What is the Sustainability Mindset?” https://www.youtube.com/watch?v=3_VVc9kLnUs Provide your own definition of (a) sustainability and (b) sustainable business in your own words. Briefly describe the sustainability mindset proposed by Kassel et al. (2018). According to Rimanoczy (2021), why do we have to learn about the sustainability mindset?
Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required:A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect). B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?C. Advise management at Integrated Products Corporation (IPC) which of the twosales estimates from parts A and B above…
Integrated Products Corporation (IPC) needs to estimate its PC sales for next year.The most recent six years of revenue data for the company’s line of XT PersonalComputers, and those of the industry, is found in the table below: Year XT PC Sales Revenue($’000,000) All Industry PC Sales Revenue($’000,000,000) 1 2.4 4.6 2 5.9 8.6 3 15.5 10.7 4 27.8 14.8 5 35.9 18.5 6 38.1 19.4 Required: A. Assuming that the sales data above are representative of sales expected nextyear, use time series regression analysis to forecast next year’s sales revenues(there is no seasonal effect).B. Perform a regression analysis between the annual sales revenues of XTPersonal Computers and all industry PC annual sales revenues. What is theforecast for next year’s sales revenue for XT Personal Computers if the estimateof next year’s industry PC sales revenues is $21.9 billion?
A. If they wish to maximize the number of exposures to working mothers, how many ads of each type should be purchased? What is the objective function, and system of constraints?
Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 25 11 4 $B$3 Product_2 175 0 25 12 14 $B$4 Product_3 0 −1.5 25 8 5 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700 multiple choice Product_1 Product_2 Product_3

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