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 If average forecast error is positive‚ it indicates that the forecast is biased high. Answer Selected Answer: False Correct Answer: False Question 2 2 out of 2 points A seasonal effect is one that repeats at fixed intervals of time‚ typically a year‚ month‚ week‚ or day. Answer Selected Answer: True Correct Answer: True Question 3 2 out of 2 points The Delphi method develops a consensus
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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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I believe strongly that the MBA Program at University of Wales Institute‚ Cardiff is a perfect match for my background and interests because of your dedication to the development of the student’s ability to apply integrative knowledge and personal skills to real business problems on local and international level. As the current Technical Support Engineer for Direct Sales in Holcim Lanka‚ I have increasingly become fascinated by the challenges of doing business across all over the country after the
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successful Business Manager further‚ formal post graduate study in Business Administration has become a must. This study will provide me with the necessary theoretical and practical skills so essential for being a successful manager. I want to do my MBA from Symbiosis Institute of Management Studies ‚ because having interacted with the students of SIMS‚ I feel that the excellent faculty with emphasis on financial management‚ developing analytical skills and practical exposure will help me in becoming
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oversee a project from bringing investors for developing land to planning and execution stages. Equipped with Master’s in project management along with civil engineering background provides me with the ability and perspective to maximize graduate work at MBA in Finance. By strengthening analytical abilities as well as leadership experience‚ this combination is the best fit for my career to develop to its fullest potential‚ at an accelerated pace towards my long term goal. I realize that multi faceted courses
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HBSE-1 Section 014: Midterm Paper October 28‚ 2013 Ellen Foster by Kaye Gibbons is the story of a young white girl‚ Ellen‚ who shares her life experiences over the course of two years. In that time‚ both of Ellen’s parents pass away‚ she moves multiple times to temporary homes until she finally finds a safe welcoming place in a foster home. Ellen’s story is rich because it is told in first person narrative and the readers are given context not only to what Ellen is experiencing‚ but context
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I always wanted to learn what makes a young‚ ambitious company succeed and how to work with a team to develop innovative products. As I said‚ my future goal is to launch my own software company‚ and the best way to achieve that goal is to get an MBA with an entrepreneurial focus like your school offers.I am especially interested in studying with best tutor who teaches entrepreneurial studies as well as very friendly and world best environment for study.
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