The concept of (the)states that changes related to one requirement of scope, time, orcost-will at least influence one other element.O a. Triple constraintO b. Three needs theoryO c. Three-point estimation.Od. Three wise men

The basic idea behind this concept is that every project has three key elements: Scope – The work…

Answered: The concept of (the) states that…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Sam is a new Nurse Practitioner (NP) in an independent physician-owned primary care office located in a small community. He loves working with the patients and gets along very well with his coworkers. Normally, Sam will see a patient on his own, or with a female nurse, if the patient is female. However, Sam recently noticed that his time with a patient was coded and billed to Medicare as one of the physician’s time. He recalled the legal course in nursing school about Medicare and knew that NP’s time is reimbursed at 80% of the actual charge or at 85% of the physician’s fee schedule amount, whichever is the lesser. He also remembered that the physician he was billed under was not in the office that day. Being concerned, he reviewed some additional records and discovered almost all of his time was coded and billed to Medicare as one of the physician’s time. When he questioned the billing clerk about the coding, her reply was “the Physician Assistant’s and NP’s time are always coded that…
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Mr. Hoi is the manager of a shop that assembles power tools. You have just received an order for 50 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is (given in the picture) Suppose now that capacity to produce part E is limited to a maximum of 100 units per period. Revise the planned-order releases for periods 1 through 4 so that the maximum is not exceeded in any period, keeping in mind an objective of minimizing carrying costs. The quantities need not be equal in every period. Note that the gross requirements for E will remain the same. However, quantities in some of the other rows will change. Determine the new cell values for those rows.
Mr. Hoi is the manager of a shop that assembles power tools. You have just received an order for 50 chain saws, which are to be shipped at the start of week 8. Pertinent information on the saws is (given in the picture) Suppose now that capacity to produce part E is limited to a maximum of 100 units per period. Revise the planned-order releases for periods 1 through 4 so that the maximum is not exceeded in any period, keeping in mind an objective of minimizing carrying costs. The quantities need not be equal in every period. Note that the gross requirements for E will remain the same. However, quantities in some of the other rows will change. Determine the new cell values for those rows.
ecently, Phil Harris, the production control manager at Brunswick, read an article on time-phased requirements planning. He was curious about how this technique might work in scheduling Brunswick's engine assembly operations and decided to prepare an example to illustrate the use of time-phased requirements planning. Phil's first step was to prepare a master schedule for one of the engine types produced by Brunswick: the Model 1000 engine. This schedule indicates the number of units of the Model 1000 engine to be assembled each week during the last 12 weeks and is shown on the next page. Next, Phil decided to simplify his requirements planning example by considering only two of the many components that are needed to complete the assembly of the Model 1000 engine. These two components, the gear box and the input shaft, are shown in the product structure diagram below. Phil noted that the gear box is assembled by the Subassembly Department and subsequently is sent to the main engine…
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Solve the problem about linear programming subparts A,B,C with the step and no reject. Im needed in 60 minutes thank u. This problem q&a 8. A group of students are planning to sell Takjil Iftar. The results of their joint venture collected capital of IDR 600,000. The cost to make Ice is IDR 4000 Per Cup while Cake IDR 2,000 per piece. Due to limitations they decided to only sell a maximum of 200 cakes. They estimate that one cup of fruit ice will generate a profit of IDR 500 and Cake IDR 300 per piece. So : A. Create a linear function B. calculate how much profit you get C. Make Linear Programming Graph
two parts to the question Node a = new Node(5);Node b = new Node(3, a);Node c = new Node(7, b);Node d = new Node(2, c);Node firstNode = d;Node currentNode = firstNode; a.What is the contents of the chain referenced by firstNode? b.What is the data held in the node referred to by currentNode?
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Management realized that the optimal product mix, taking setup costs into account, might be different from the one recommended in part (b). Formulate a mixed-integer linear program that takes setup costs provided in part (c) into account. Management also stated that we should not consider making more than 175 units of product 1, 150 units of product 2, or 140 units of product 3. What are the new objective function and additional equation constraints? If the constant is "1" it must be entered in the box. Let Yi is one if any quantity of product i is produced and zero otherwise. Max $ P1 + $ P2 + $ P3 - $ Y1 - $ Y2 - $ Y3 s.t. P1 Y1 P2 Y2 P3 Y3 P1, P2, P3 ≥ 0 (e) Solve the mixed-integer linear program formulated in part (d). How much of each product should be produced and what is the projected total profit contribution? Compare this profit contribution to…
find the a. decision variables b. objective function c. constraints
23. The theory of loss aversion and reference dependence implies that (a) equilibrium allocations will usually be outside the Pareto set (b) the location of the Pareto set may depend on the initial allocation (c) the Pareto set is piecewise linear (d) the Pareto set is reduced to a single point in the Edgeworth box (e) the Pareto set lies on two adjacent sides of the Edgeworth box

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The concept of (the) states that changes related to one requirement of scope, time, or cost-will at least influence one other element. O a. Triple constraint