38 out of 40 points Instructions Question 1 .2 out of 2 points The standard form for the computer solution of a linear programming problem requires all variables to be to the right and all numerical values to be to the left of the inequality or equality sign Answer Selected Answer: False Correct Answer: False . Question 2 .2 out of 2 points In a balanced transportation model‚ supply equals demand such that all constraints can be treated as equalities
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A: Formulation of the LP Model X1(Pizza)‚ X2(hotdogs)‚ X3(barbecue sandwiches) Constraints: Cost: Maximum fund available for the purchase = $1500 Cost per pizza slice = $6 (get 8 slices) =6/8 = $0.75 Cost for a hotdog = $.45 Cost for a barbecue sandwich = $.90 Constraint: 0.75X1 + 0.45X2+ 0.90(X3) ≤ 1500 Oven space: Space available = 3 x 4 x 16 = 192 sq. feet = 192 x 12 x 12 =27648 sq. inches The oven will be refilled before half time- 27648 x 2 = 55296
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• Question 1 2 out of 2 points Probabilistic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: False Correct Answer: False • Question 2 2 out of 2 points Parameters are known‚ constant values that are usually coefficients of variables in equations. Answer Selected Answer: True Correct Answer: True • Question 3 0 out of 2 points Fixed cost is the difference between total cost and total variable cost
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1) The model for the transportation problem consists of 18 decision variables‚ representing the number of barrels of wastes transported from each of the 6 plants to each of the 3 waste disposal sites: = Number of Barrels transported per week from plant ‘i’ to the j-th waste disposal site‚ where i = 1‚ 2‚ 3‚ 4‚ 5‚ 6 and j = A‚ B‚ C. The objective function of the manager is to minimize the total transportation cost for all shipments. Thus the objective function is the sum of the individual
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BADM 300 Exam 2 review 1. Attractive Nuisance a. Child’s failure to recognize risk – likely to trespass b. Artificial risk - pool‚ and big hole in the ground c. Utility slight - not a lot of value to it‚ d. Child likely to trespass e. Unreasonable risk of f. Serious harm 2. Adverse possession – you take some lands and use it long enough and becomes yours a. Hostile you don’t have permission to do it (not hostile is to come on my land) has to be against their interest b. Exclusive
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Final Exam Study Guide MGMT 300 Principles of Management and Operations I Study Materials and Focus • PPT slides and textbook of the following chapters Daft Chap 1 Innovative management for turbulent times Daft Chap 5 Managing ethics and social responsibility Daft Chap 9 Managerial decision making Daft Chap 19 Managing quality and performance OM Chap 7 Process selection‚ design and analysis OM Chap 12 Managing Inventories
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Solving Proportions Tara Lint MAT 222 Week 1 Assignment Instructor: James Segala August 18‚ 2013 Solving Proportions Proportions exist in the real world. For example‚ in finding out the price of a unit‚ or the population of a specific species. The first problem that we are working with states that “. Bear population. To estimate the size of the bear population on the Keweenaw Peninsula‚ conservationists captured‚ tagged‚ and released 50 bears. One year later‚ a random sample of 100 bears
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In the technological advancements of todays day and age there are many ways one could use the advancement to his or her advantage. Yet‚ could the same be said about using technology when it comes to cross cultural communication? With the advancements in the way human communicate to start with‚ video chat and conference calls‚ would it not be a very easy way to get things mixed up or lost in translation? I would say it would be very easy for two different people from two different worldly locations
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HRM OVERVIEW Human Resource Management (HRM) is a division in practically every organization‚ however over the years the role of HRM has experienced significant changes. According to the business dictionary‚ HRM is defined as “Administrative activities associated with human resources planning‚ recruitment‚ selection‚ orientation‚ appraisal‚ motivation‚ remuneration‚ etc. HRM aims at developing people through work.” In past times HRM were considered responsible for simply hiring and firing
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Overview This class was a very eye opening experience for me. I have taken previous business ethics classes‚ but nothing compared to the experience of Business Ethics in Action. Through all of the assignments‚ videos‚ and especially the discussions I saw so many different points of view that I myself had never even considered. Having a fairly diverse class helped foster these different views and are what made my learning experience throughout the semester such an enjoyable and rewarding one
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