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- Quarterly sales of PnP (in hundred million Rands) from 2000 to 2004 are given in the table below: Q1 Q2 Q3 Q4 2000 5 6 8 9 2001 6 8 9 11 2002 10 9 12 10 2003 13 10 15 10 2004 14 16 15 14 What is the five period moving average for 2002_Q2 (round off to one decimals). A. 10.8 B. 10.4 C. 10.2 D. 10.0Comprehensive model formulation exercise Q1: New product development Problem A Leisure Food Company plans to develop some new products. The following table shows relevant data for six potential foods which are under considera tion. The company wants to know which projects should be selected so asto maximize total pr ofits. There are some constrains for project selection. First, the available capital is at most 170 thousand dollars, and the available researchers are no more than 35 people. Second, project 3 and project 4 are closely related, meaning that these two projects must be select ed simultaneously. Third, project 5 must be selected if project 2 or project 3 is selected. Fo urth, considering the potential risks, at most two projects could be selected among project 1, 4, and 6. Fifth, considering the future development, at least one project should be select ed among project 3, 4, and 5. Please help this company to determine the optimal combinations of new products. Table 1 Data…A method of estimating future demand usedfor decision making in order to set reasonable targets and control orlimit uncertainties or risks.
- Consider the following linear programming problem Max. Z = 9X₁ + 16X₂ Subject to: C1: C2: C3: C4: C5: Variable Cells X₁ 2X₁ X₁ X₁ Microsoft Excel 16.0 Sensitivity Report Worksheet: [Question Sensitivity analysis.xlsx]Sheet2 Report Created: 10/24/2021 10:45:53 AM $B$5 Values x1 $C$5 Values x2 $D$10 C5Z $D$6 C1Z $D$7 C2Z $D$8 C3Z $D$9 CAZ X₂ This problem was solved using MS Solver of MS Excel. Following is the output of the solution. 3 6 3X₂ 0 0 X₂ Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease 6 3 24 9 3 Constraints Cell Name Value Price R.H. Side 05500 -5 5 15 3 0 0 0 3 24 10 0 Final Shadow Constraint Allowable Allowable Increase Decrease 1E+30 5 1E+30 24 10 6 3 3 1E+30 1E+30 7.5 3 18 1 3 1E+30 Write your report on the sensitivity analysis of constraints C2 and C3CASE 4: PROJECTING SALES USING MOVING AVERAGE The sales (in thousands) of a particular beverage of a popular milk tea shop for each quarter of the following months and trend values were found using moving averages as follows: Actual Sales (in thousands) Year Quarter Trend 4 3 4 24 1 2 30 30 3 60 31 4 20 35 1 20 40 50 45 3 80 50 4 40 54 7 1 40 57 62 3 92 4 1 LO CODescribe the significance of a problem statement and what exactly is included in a problem statement.
- Bimala is interested in buying a new house and has found a house she likes in Surry Hills. Bimala comes to you for advice about which of the following items would pass to her automatically if she buys the house: • A plastic bird bath which rest on the ground in the back garden; • A concrete swimming pool in the back garden; • A tapestry attached by small tapestry nails to the wall of the living room; and • A barbecue on wheels on the back deck. Advise Bimala. In your advice, please ensure that you refer to relevant case law. *NOTE: This is business law question. can you write more details about the question and answer.Case Synopsis: Mahindra & Mahindra Ltd., a $23 billion company in 2021, has been the number one tractormanufacturer in India for the last 30 years. The agriculture tractor sale market in India is seasonal in nature andgrowing. To meet demand, the company has four manufacturing plants and 26 sales offices across the country; theirmain job is to coordinate supplies between its 800 dealers and the company. The sales offices provide a rollingdemand forecast of tractors for the current month plus two months in the future. The forecast is used to determine thenumber and models of tractors to manufacture and to support advance ordering of key modules and parts. The deputygeneral manager of sales in the company’s Farm Division has been receiving an increasing number of complaints fromirate dealers about the supply of tractors from the company’s stockyards. He needs your help to fix the situation. 1A. Discuss two additional demand management strategies or tools that MMFE could use to better…Give the logical sequence of steps for formulating and constructing a (structured) LP model.
- c. From the following decision tree, develop a payoff table and calculate: * Maximax, Minimax regret, Maximin, and EMV. ORs. 50,000 Good conditions (0.60) Poor conditions (0.40) -O Rs. 30,000 Apartment Building Good conditions (0.60) O Rs. 100,000 Office building Poor conditions (0.40) Purchase ORs -40,000 Warchouse Good conditions (0.60) Rs.30, 000 Poor conditions (0.40) O Rs. 10,000Define below mentioned structure table in your words and explain importance of path coefficient, T value and P- Value Hypothesis Hypothesis/ Relationship Path coefficient Standard Error T- Statistics P value H13 CS > EP 0.2043 0.0459 4.4533 0.0422** H14 TS > EP 0.1481 0.2862 0.5177 0.1828 H15 OS > EP 0.0086 0.1441 0.0599 0.0709 H16 MS > EP 0.1422 0.0150 9.4705 0.0483** H17 ES > EP 0.2289 0.2611 0.8768 0.3058Data collected on the yearly demand for 50- pound bags of fertilizer at Wallace Garden Supply are shown in the following table. Estimate demand for vear 12 with a weighted moving average in which sales in the most recent year are given a weight of 2 and sales in the other two years are each given a weight of 1. Year Demand (Bags) 4 6. 3 4. 4. 10 6 8. 8. 8. 12 10 14 11 15 O A. 13.67 O B. 14.00 OC. 14.87 O D. 11.79 Click to select your answer. Us MacBook Air 888 * ES F2 F4 F6 F7 4) F9 F10 %23 2$ & * 4 6. 7 8 9. Q W R T Y F C V В alt command command option %#3