EXCEL SOLVER TUTORIAL Many firms face the problem of how to best use multiple scarce resources. Linear programming is designed to help find the product mix that maximizes profits in the short run when multiple constraints exist. While linear programming can be solved as a mathematical problem using pencil and paper‚ it is much more efficient to use Excel Solver. The key to using Excel Solver is to make certain you have modeled the problem correctly and then interpreted the results appropriately
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THE UNIVERSITY OF THE WEST INDIES ST. AUGUSTINE FACULTY OF SOCIAL SCIENCES DEPARTMENT OF ECONOMICS ECON2000: INTERMEDIATE MICROECONOMICS I – 2012/13 TUTORIAL SHEET 1 THE THEORY OF CONSUMER BEHAVIOUR PROBLEMS 1. The following data represent 5 points on the supply curve for orange juice: PRICE ($ PER GALLON) QUANTITY (MILLIONS OF GALLONS) 1 100 2 300 3 500 4 700 5 900 and these data represent 5 points on the demand curve for orange juice: PRICE
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Caribbean Internet Café[1] case: A tutorial in managerial accounting concepts and financial modeling using Excel Assignment 1: Introduction We will begin our work this semester with a case called Caribbean Internet Café [hereafter‚ CIC]. In the CIC case‚ David Grant wants to open an Internet Café in Kingston‚ Jamaica. This simple business setting is familiar; how many coffee shops‚ drive-up or otherwise‚ can you think of that are within walking distance of campus? Even if you are not a coffee-holic
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Tutorial: CycleFor in VBA Objective: The objective of this document is to understand the use of the cycle For.in VBA there are three types of cycles: For Next Do While Do Until What is a cycle Doing the exact same thing several times For example‚ if I have 3 dirty plates‚ what would be my washing procedure? Option 1 Take dirty plate 1 Scrub dirty plate 1 Rinse dirty plate 1 Dry dirty plate 1 Take dirty plate 2 Scrub dirty plate 2 Rinse dirty plate 2 Dry dirty plate 2 Take
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TUTORIAL 10 (27 – 31 OCTOBER) SOLUTION GUIDE Question 1 Henry‚ Carla and Fred are housepainters. Henry and Carla can paint 100 square metres per hour using a standard paintbrush‚ while Fred can paint 80 square metres per hour. Any of the three can paint 200 square metres per hour using a roller. (i) If Henry‚ Carla and Fred have only paintbrushes at their disposal‚ what is the average productivity (in terms of square metres per painter hour) for the three painters taken as a team? Assume the three
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University of British Columbia Sauder School of Business COMM 399: Logistics and Operations Management Problem Set 1 1. Solution: (a) Some ideas that you can expand on: • • • • Organizational barriers Business culture undervalues operations Top managers often uninterested in operations Lack of “ownership” of operations (b) Some ideas that you can expand on: • Identify and break constraints • Make the special case the norm • Rethink critical dimensions of work (c) Yes‚ even though it may
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UNIVERSITY OF TECHNOLOGY‚ JAMAICA SCHOOL OF BUSINESS ADMINISTRATION BUSINESS LAW LAW OF CONTRACT TUTORIAL SHEET 1. On the first of January‚ David telephoned Donavan and offered to sell his car to him for $100.00. The offer was to remain until the 8th of January. That same evening‚ Donavan saw David in the bar and gave him a hundred dollar bill. He said to David: “I really appreciate you keeping the offer open until I can raise the money. Here’s a beer money for your trouble”
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Tutorial 3 (topic 2) Business finance (b) Liquidity ratios which are the current ratio and quick ratio indicate how liquid the firm is. J.B. Chavez Corporation’s current ratio has increased across years from 2008 to 2009 and both years’ current ratio are higher than the industry norm. It shows that the corporation has enough current assets to convert into cash to meet short term obligations. However‚ the quick ratio has decreased across years from 2008 -2009‚ and the ratio is lower than the industry
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Chapter 9 1. Anscombe’s point was that some things may not be done‚ no matter what. Referring to the boiling of babies. 2. Kant called these “hypothetical imperatives” because they tell us what to do providing that we have the relevant desires. 3. Instead moral requirements are categorical: they have the form “You ought to do such-and –such period‚” 4. In his Foundations of the Metaphysical of Morals (1785)‚ he (Kant) expresses the Categorical
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and hardest tutorial you will have to do‚ it’s a fair bit of work‚ but once you have finished you will be ready to build heaps of games. What are we building? THE Color Game – Yes it is spelt wrong‚ but that is how you’ll need to spell it when you are programming the game! Using your keyboard (and later on an Xbox 360 controller) you need to press the letter (R G B Y) or coloured button on the controller which matches the colour of the screen. By time we have finished three tutorials‚ you’ll be
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