STAMFORD UNIVERSITY Course: Advanced Quantitative Technique Code: MAT-520 Fall-2013 MBA ID NAME Part-I Part-II Ques. No. Ans. at Page Ques. No. Ans. at Page 1 6 2 7 3 8 4 9 5 10 1. Write down a short Essay on Operation Research/ Linear Programming which includes the following: Definition‚ Characteristics‚ Classification‚ Necessity‚ Scope/Application and Limitation.
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TRUE/FALSE 10.1 The Avis car rental company successfully used the transportation method to move its inventory of cars efficiently. ANSWER: TRUE 10.2 Transportation and assignment problems are really linear programming techniques called network flow problems. ANSWER: TRUE 10.3 A typical transportation problem may ask the question‚ “How many of X should be shipped to point E from source A?” ANSWER: TRUE 10.4 The objective of a transportation problem solution
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A. Formulate a linear programming model for Julia that will help you to advise her if she should lease the booth. Formulate the model for the first home game. Explain how you derived the profit function and constraints and show any calculations that allow you to arrive at those equations. Let‚ X1 =No of pizza slices‚ X2 =No of hot dogs‚ X3 = No of barbeque sandwiches * Objective function co-efficient: The objective is to maximize total profit. Profit is calculated for each variable by
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MODELING AND SOLVING INVENTORY CONTROL PROBLEMS IN CUSTOMIZED MASS PRODUCTION ( Reaction Paper ) Due to customer needs for stylish forms‚ new modern designs‚ special packaging or better product production‚ changes in the business environment influence engineering and logistic relations between companies and suppliers. IT technology plays a big part in solving issues concerning the process. Inventory control became today’s vital problem in management supplier demands. The aim of the article
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Example 1: The manager of an oil refinery must decide on the optimal mix of two possible blending processes of which the inputs and outputs per production run are as follows: The maximum amounts available of crudes A & B are 225 units and 200 units respectively. Market demand shows that at least 150 units of gasoline X and 120 units of gasoline Y must be produced. The profits per production run from process 1 and process 2 are Rs. 200 and Rs. 300 respectively. Formulate the problem as a
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MSM 549 Markov Decision Processess Final Exam‚ Spring 2013 Instructions You have 8 hours to return the answers to me by email or in my office. You are not allowed to communicate with others about your solutions‚ approach‚ ideas and etc. If such an unauthorized sharing is detected you will receive “0” from the final and I will take a disciplinary action according to the Simon Academic Honesty Policy. By returning your solutions to the exam you agree that you will follow the Simon Academic Honesty
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Winter 2013 Master of Business Administration- MBA Semester 2 MB0048 – Operations Research - 4 Credits (Book ID: B1631) (Roll no: 1305009661) Q.1: Discuss the various stages involved in the methodology of Operations Research. Briefly explain the techniques and tools of Operations Research. Ans: The basic dominant characteristic feature of operations research is that it employs mathematical representations or models to analyse problems. This distinct approach represents an adaptation of the
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Private Sub ComboBox1_SelectedIndexChanged(sender As Object‚ e As EventArgs) Handles ComboBox1.SelectedIndexChanged Timer1.Start() T = 0 Dim index As Integer = ComboBox1.SelectedIndex For x As Integer = 0 To 8 For y As Integer = 0 To 8 SudukuCubes(x‚ y).Text = "" SudukuCubes(x‚ y).ReadOnly = False Next Next Select Case index Case Is = 0 ’Easy Puzzle level
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Assignment 1 (Individual Assignment) 25% Marks Due date: 9 July 2012 (no word limit) Case Study: Scottsville Textile Mill _________________________________________________________ This task will relate to analytical skills in solving optimisation problem (linear programming) using Excel with Solver add-in. Scottsville Textile Mill1 1 Case from Anderson‚ D.‚ Sweeney D.‚ Williams T.‚ Martin‚ K. (2010)‚ An Introduction to Management
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SOLUTIONS 1) Ralph Edmund loves steak and potatoes. Therefore‚ he has decided to go on a steady diet of only these two foods for all his meals. Ralph realizes that this is not the healthiest diet‚ so he wants to make sure that he eats the right quantities of the two foods to satisfy some key nutritional requirements. He has obtained the following nutritional and costs data: Grams of Ingredient Per Serving. Ingredient Steak Potato Daily Requirement (g) Carbs 5 15 >=50
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