Q.1. What is a linear programming problem ? Discuss the steps and role of linear programming is solving management problems. Discuss and describe the role of liner programming in managerial decision-making bringing out limitations‚ if any. Ans : Linear Programming is a mathematical technique useful for allocation of scarce or limited resources to several competing activities on the basis of given criterion of optimality. The usefulness of linear programming as a tool for optimal decision-making
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Aaron Griffin Math 4091A March 17‚ 2015 The Cartesian Coordinate System Linear inequalities (statements such as “4≤X+10<18”) can be represented graphically along a number line. In similar manner‚ a linear equation in two variables (this being the form ax+by=c) can also be represented graphically‚ using two axes; the x axis‚ the horizontal plane‚ and the y axis‚ the vertical plane. There are memory tricks with which to distinguish the x from the y axis and remember their horizontal and vertical
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STUDY GUIDE LINEAR ALGEBRA AND ITS APPLICATIONS THIRD EDITION UPDATE David C. Lay University of Maryland – College Park Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Reproduced by Pearson Addison-Wesley from electronic files supplied by the author. Copyright © 2006 Pearson Education‚ Inc. Publishing as Pearson Addison-Wesley‚ 75 Arlington Street‚ Boston‚ MA 02116. All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ or transmitted
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Service Request SR-kf-013 Frequent Shopper Program Paper Gerard Gonzalez Business Systems/BSA310 October 7th‚ 2010 Joseph Gorman Service Request SR-kf-013 Kudler Fine Foods founder and manager‚ Kathy Kulder‚ has requested information on developing a system to track customer purchases through a Frequent Shopper Program. This Program will award loyalty points for redemption to repeat customers. Purchases made by customers whom participate in the program will be tracked and converted into loyalty
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Course Notes Linear Math & Matrices PSB – Dr. H. Schellinx Linear equations As we have seen‚ a linear equation with n different variables‚ say x1‚ x2 ‚ x3‚...‚ xn ‚ can always be written in the equivalent standard form a1 x1 + a2 x2 + a3 x3 +... + an xn = c ‚ where c is a constant‚ the xi are the unknowns and the ci are coefficients. Here are
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❶AGE PROBLEM In three more years‚ Miguel’s grandfather will be six times as old as Miguel was last year. When Miguel’s present age is added to his grandfather’s present age‚ the total is68. How old is each one now? This exercise refers not only to their present ages‚ but also to both their ages last year and their ages in three years‚ so labelling will be very important. I will label Miguel’s present age as "m" and his grandfather’s present age as "g". Then m + g = 68. Miguel’s age "last year"
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1. Calculate real GDP for 2004 and 2005 using 2004 prices. To calculate the real GDP we use the constant price for 2004 which was $20. Real GDP (base year 2004) 2004 ($20 per CD x 100 CD’s) + ($110 per racquet x 200 racquets) = 24000 2005 ($20 per CD x 120 CD’s) + ($110 per racquet x 210 racquets) = 25500 By what percentage did real GDP grow? Because the Real GDP was $24000 in 2004 and $25500 in 2005‚ real GDP grew by ($25500 - $24000) / $24000 = 0.0625 or 6.25% 2. Calculate the
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BSDS101: Assignment 1: Outline the stages of Walter Rostow’s Linear development theory and discuss the theory’s applicability to the developing world. Introduction: The question of why and how the developing world has since been developing at a relatively low pace has since been interpreted by various perspectives most of which are Euro-centric and highly debatable. A number of theories have since been formulated to explain why the developing countries are lagging behind in terms of their Gross
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Antivirus Programs Today‚ people rely on computers to create‚ store‚ and manage critical information‚ many times via a home computer network. Information transmitted over networks has a higher degree of security risk than information kept in a user’s home or company premise. Thus‚ it is crucial that they take measures to protect their computers and data from loss‚ damage‚ and misuse resulting from computer security risks. Antivirus programs are an effective way to protect a computer against
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Employee Wellness Programs Help to Foster Retention and Wellbeing in the Workplace J P MGMT 351 Abstract Amid the stress and tension most employees face on a daily basis in the workplace‚ wellness programs are setup to help alleviate the health risks brought on by prolonged stress. Along with the health benefits of wellness programs‚ they also maintain employee retention and job satisfaction. From the research‚ wellness programs have grown considerably since the 1980’s. Even though
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