Examples of how linear programming can help managers make better decisions. Give detailed examples and numbers to back up your points.
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Examples of how linear programming can help managers make better decisions. Give detailed examples and numbers to back up your points.
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- Luke Anderson is earning $20,000 a year in a city located in the Midwest. He is interviewing for a position in a city with a cost of living 13 percent higher than where he currently lives. What is the minimum salary Brad would need at his new job to maintain the same standard of living?If workers contribute to their group’s investments and decide on these investments, workers at different stages of their careers may want different types of capital, for example a durable building versus a temporary one. a. How might the age distribution of the workers make the building they choose to build too temporary or too durable? How can a building be too durable? b. There are also young and old shareholders. Why isn’t the choice of the building’s durability also a problem if they or an elected management makes the decision on it?I need the answer as soon as possible
- Watch Cuban Missile Crisis: Three Men Go to War. 2. Analyze at least three critical decisions made in this movie, completing Movie Decision Analysis.docx Movie Decision Analysis.docx - Alternative Formats . (One complete sentence per box.)Comprehensive Analysis of a Fortune 500 Company For this Individual Project you will Comprehensive Analysis of a Fortune 500 Company For this Individual Project you will analyze publicly available information about a Fortune 500 Company and develop an assessment of the corporate strategy and its ability to increase competitive advantage. This assignment requires you to obtain and analyze information at the company, industry and market levels using various databases and reports found in the AIU library, in addition to at least eight (8) professional or academic peer-reviewed articles.Please follow instructioons. I need 12 pages and no plagiarism. I am willing to pay 40 dololars. Click here for a tutorial on finding company information in the library. Click here for a tutorial on finding industry information in the library. Your analysis should include an in-depth review of the Company’s most recent SEC Form-10k Annual Report and Form DEF-14A Proxy Statement.…Your team has a plan to build 100 gadgets in 10 weeks. The plan is to make 10 gadgets per week (10 gadgets per week x 10 weeks = 100 gadgets). The plan states that: During the first 4 weeks, it should cost $1,000 each week to make 10 gadgets per week. The next 6 weeks it should cost $500 each week to make 10 gadgets per week because of the efficiency gains. At the end of the 8th week (i.e. finished the 8th week and getting ready to start the 9th week), the team has made 60 gadgets and has spent $7500. At the end of week 8, what are PV (Planned Value), RP (Rate of Performance), AC (Actual Cost), EV (Earned Value), CV (Cost Variance), SV (Schedule Variance), CPI (Cost Performance Index), Schedule Performance Index (SPI), EAC (Estimate At Completion), and ETC (Estimate Time to Complete)? (Please Show work for each) Provide your answer for Question in this area and expand it out as necessary. PV = RP = AC = EV = CV = SV = CPI = SPI = EAC = ETC =
- In the problem on excel : 1.What are the decision variables 2.What is the objective functions 3. What are the constraints and explainConsider a firm run by an “incumbent” manager. Suppose the incumbent manager has the opportunity to invest in one of two different projects, Project 1 or Project 2. The incumbent manager has a higher ability in managing Project 1 rather than Project 2. Also, if theincumbent is fired by shareholders, she is replaced by an “alternative” manager whose ability to manage Project 1 is lower than the incumbent’s ability. Suppose the investment in a project is irreversible, and the shareholders’ choice of the incumbent manager salary (as well as their decision on whether to fire her) is taken afterthe investment is made. Also, assume the incumbent manager has a stake in the firm she runs, but she does not fully control it. Questions:(a) Suppose none of the projects gives the manager a direct utility. According to Shleifer and Vishny (1989), which of the two projects should the incumbent manager choose? What is the economic rationale behind this choice? Explain. (b) Suppose the incumbent…Suppose a firm has a great new idea: 12-hour shipping. This idea can decrease costs for many businesses and therefore result in a more efficient economy. If the entrepreneurs who create the concept cannot get funds to put their idea to work, a) there will be negative consequences in the shipping industry only. b) the primary negative consequence will be higher inflation. c) there will be negative consequences throughout the economy. d) there will be no negative consequences.
- DONT SOLVE WRONG... SOLVE IF YOU ARE 5000% SURE Jaclyn is considering opening a location on campus to sell bubble tea. Her rent would be $500/month and she expects to sell each drink for $5. Variable costs are $0.85 and labor is $1.77. She also has the option to share space with a friend, which would cost her only $300/month in rent. Her friend wants $0.03 per bubble tea revenue sharing. What is Jaclyn’s new break-even point? If she sells 264 bubble teas, which option does she prefer? a. She prefers sharing space with her friend at Q=264. b. She is indifferent between the two choices at Q=264. c. She prefers working by herself at Q=264.Cases 9-45 should be prepared in a Word document with embedded Excel spreadsheets for relevant calculations and supporting schedules. CASE 9-46 Patricia Eklund, controller in the division of social services for the state, recognizes the importance of the budgetary process for planning, control, and motivational purposes. She believes that a properly implemented participative budgetary process for planning purposes and an evaluation procedure will motivate the managers to improve productivity within their particular departments. Based upon this philosophy, Eklund has implemented the following budgetary procedures. An appropriation target figure is given to each department manager. This amount is the maximum funding that each department can expect to receive in the next year. Department managers develop their individual budgets within the following spending constraints as directed by the controller’s staff. ◦ Expenditure requests cannot exceed the appropriation target. ◦ All fixed…Elena Gómez, a marketing analyst at the river corporation, has decided to change jobs and move to a new firm. Because her current and future employers both have ____ plans, she can take her benefits and transfer when she starts with the new company.
