Explain the concept and computational steps of the simplex method for solving linear programming problems. How would you identify whether an optimal solution to a problem obtained using simplex algorithm is unique or not? a) What is the difference between a feasible solution‚ a basic feasible solution‚ and an optimal solution of a linear programming problem? b) What is the difference between simplex solution procedure for a `maximization’ and a `minimization’ problem? c) Using the concept of net contribution
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INDUSTRIAL STATISTICS AND OPERATIONAL MANAGEMENT 6 : FORECASTING TECHNIQUES Dr. Ravi Mahendra Gor Associate Dean ICFAI Business School ICFAI HOuse‚ Nr. GNFC INFO Tower S. G. Road Bodakdev Ahmedabad-380054 Ph.: 079-26858632 (O); 079-26464029 (R); 09825323243 (M) E-mail: ravigor@hotmail.com Contents Introduction Some applications of forecasting Defining forecasting General steps in the forecasting process Qualitative techniques in forecasting Time series methods The Naive Methods Simple Moving
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Components and the Materials of Parts: The formation of the staple remover is based on performance and durability without extra useless parts. The materials that form the tool are managed properly to minimize total costs while maximizing the production rates. There are four main parts: wedges‚ spring‚ handle and pin axle. The Wedges of Staple Remover The staple remover is comprised of two wedges on shaft. These engaged wedges are usually made from chrome-plated steel‚ because it is not only
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Separating The Components of “Panacetin” Observations Most natural products and many commercial preparations are mixtures containing a number of different substances. To obtain a pure compound from such a mixture‚ you must separate the desired compound from the other components of the mixture by taking advantage of differences in their physical and chemical properties. Acidic or basic substances are often converted to water-soluble salts‚ which can then be separated from the water-insoluble
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Selling techniques Selling technique is the body of methods used in the profession of sales‚ also often called personal selling. Techniques used in selling interviews vary from the highly customer centric consultative selling to the heavily pressured "hard close". All techniques borrow a bit from experience and mix in a bit of guesswork on the psychology of what motivates others to buy something offered to them. Mastery in the techniques of selling can offer very high incomes‚ while failure in
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managers need emotional intelligence to manage successfully in the workplace? Why or why not? In order to effectively manage a workplace successfully it is evident that an understanding of emotional intelligence (EI) is beneficial however its necessity and definition as an ‘intelligence’ is questionable. An understanding of emotions as well as empathizing with another and successfully manage the moods & emotions of others may be considered a skill rather then an intelligence. This skill‚ if possessed
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Chapter 3 – Data Visualization Chapter 4 – Summary Statistics Data Mining for Business Intelligence Shmueli‚ Patel & Bruce © Galit Shmueli and Peter Bruce 2010 Data Visualization • “A picture is worth a thousand words” • Data visualization and summary statistics help condense data • Effective presentation • Supports data cleaning (identify missing values‚ outliers‚ incorrect values‚ duplicates) and exploring (combine some groups) • Helps identify suitable variables • Mandatory initial step for
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to conduct a critique of the following service management ideas‚ theories‚ concepts and techniques; specifically with reference to their purpose‚ application and limitations and with regard to how these service management ideas‚ theories and techniques may contribute to the development of a successful business: Service concept‚ Service concept profiling and The SERVQUAL model. Service concept purpose‚ The service concept has been defined variously throughout the years‚ Haskett (1986)‚ defines it
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Separating the Components of Panacetin: Introduction: Of the three components likely to be present in your sample of Panacetin (aspirin‚ acetanilide‚ and starch)‚ only starch is insoluble in the organic solvent dichloromethane (or methylene chloride)‚ CH2 Cl2. If a sample of Panacetin is dissolved as completely as possible in dichloromethane‚ the insoluble starch can be filtered out‚ leaving acetanilide and aspirin in solution. The purpose of this experiment is to extract the components of Panacetin
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multiple intelligences and education Howard Earl Gardner ’s (1943- ) work has been marked by a desire not to just describe the world but to help to create the conditions to change it. The scale of his contribution can be gauged from following comments in his introduction to the tenth anniversary edition of Howard Gardner ’s classic work Frames of Mind. The theory of multiple intelligences: In the heyday of the psychometric and behaviorist eras‚ it was generally believed that intelligence was a single
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