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- QC 33.Question 2 a. In which way(s) is Sen's (1970) impossibility theorem of project choice superior or inferior to the conventional Cost-Benefit Analysis principles of project choice based on the Hicks-Kaldor compensation test.The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand. Item End L C X HOLEND J Lead Time 2 2 3 3 2 Additional units 3 3 3 Amount on Hand 0 8 18 23 28 31 6 0 Direct Components L(2), C(1), K(3) 8(2), 3(3) G(2), B(2) H(4), B(2) Click here for the Excel Data File a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don't need to develop an MRP plan.)
- Q.No.2: Determine the type of scale (Nominal, Ordinal, Interval or Ratio) for the following examples. Age: _______________ Qualification: Intermediate Bachelor Master Phil. & Above Total work Experience in years: 1-5 6-10 11-15 16 & above Type of Organization ORIC R&D Firm Think tank Salary More than 15000 More than 25000 More than 45000 More than 95000 I love gardening. 1)Strongly Agree 2) Neutral 3)DisagreeA.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.3. By using the data below, use an Assignment method to : Operator Mach A 10 9 Mach B Mach C Mach D A 2 8 6 11 12 7 14 14 D 3 4 2 A. Formulate this linear programming model B. What is the optimal solution for the assignment method 79
- Pls help ASAP on this question (83)Q.2.2 Given in the table below is the project information consisting of the activities, predecessors, and duration: Activity Predecessor Duration AA1 5 BB2 AA1 C3 AA1 DD4 BB2 6 EE5 CC3 FF6 DD4, EE5 Using the network diagram key below, draw a project network diagram showing ONLY the Activity, Duration, Early Start (ES), and Early Finish (EF). Key: ES Activity EF Duration The first activity in the diagram is completed for you below. You are required to complete drawing the project network diagram using the project information above. AA1 5QUESTION 3 J A decision tree has action a1 with outcomes s1, s2 and s3 with payoffs K8000, K10000 and -K1000 Decision a2 with outcomes s1, s2 and s3 with payoffs K3000, K6000 and -K2000 Decision a3 with outcomes s1, s2 and s3 with outcomes K10 000, -K900 and K50 Required: Find the actions that would be prescribed by the Maximax, and Maximin criterion. Explain why the action prescribed by the Maximin criterion here is potentially unreasonable from a practical viewpoint
- Weapon Cost (gold pieces) Damage to medium targets Critical damage Weight (pounds) Throwing axe 8 6 12 2 Javelin 1 6 12 2 Longsword 15 8 32 4 Mace (light) 5 6 12 4 Spear 2 8 24 6 The elf leader Galandir has up to 30,000 gold pieces to spend on an arsenal of javelins, longswords, and spears for her band of elves for a planned assault on Mordruk in which she would like to inflict as much critical damage possible. For the sake of swiftness the total weight of Galandir’s arsenal cannot exceed 3000 pounds, and as the elves are particularly skilled at javelin-throwing she would like to include at least half as many javelins as swords. What should her weapons arsenal look like, and how much critical damage can be inflicted? Define the variables. Construct the objective and constraint functions. Use Excel to use the simplex method to optimize the…Question 3 a) An electronics firm produces electronic components, which it supplies to various electrical manufacturers. Quality control records. indicate that different employees produce different numbers of defective items. The average number of defects produced by each employee for each of six components is given in the following table: Employee 1 2 3 4 5 6 A 30 22 18 14 25 32 B 24 28 22 18 14 Component C 25 18 D 26 30 14 23 14 E 30 20 12 21 16 18 (i) Draw a network diagram for the problem (ii) Del Formulate a linear programming mathematical model for solving the problem. Enter F 22 13 22 30 28 20 End +Question 2 Describe how the administrative model of decision making differs from the classical model and explain the three concepts on which the administrative model is based.
