QUESTION 1221What effect of changing C3 from 6 to 4.82 on the final value of objectivefunction?Knownig that 4< C3

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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define at least 3 KPIs for each strategic objective including (Measures & Targets)? the strategic objective make the product widely accessible kpi1:_____________________________________ unit______ target_____ kpi2:_____________________________________ unit______ target_____ kpi3:_____________________________________ unit______ target_____
For the next 6 numbers: Refer to the Management Scientist output of a maximization LP problem. The constraints are defined as follows: Constraint 1: advertising budget ( ) Constraint 2: sales force availability ( ) Constraint 3: production level (=) Constraint 4: retail stores requirement ( ) Optimal Solution Objective Function Value - Variable. Constraint X1 X2 X1 X2 X3 X4 X3 X4 1 2 Variable 1 2 3 3 4 OBJECTIVE COEFFICIENT RANGES 4 Constraint RIGHT HAND SIDE RANGES Value Slack/Surplus Lover Limit 25.000 425.000 150.000 0.000 84.000 50.000 No Lover Linit No Lover Linit Lover Limit 48450.000 0.000 25.000 0.000 0.000 4950.000 1775.000 515.000 0.000 Reduced Costs Dual Prices Current Value 90.000 84.000 70.000 60.000 Current Value 0.000 0.000 0.000 45.000 5000.000 1800.000 600.000 150.000 3.000 0.000 60.000 -17.000 Upper Limit No Upper Linit 90.000 87.000 105.000 Upper Linit 5850.000 No Upper Limit 603.571 200.000
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In the bullfrog teaching model of a Markov chain, what does a lily pad represent? a step a node a stage a state • Previous Simpfun
The matrix of transition probabilities below deals with brand loyalty to CoronaBits and CovidBits junk food. Current Next Purchase Purchase CoronaBits CovidBits CoronaBits .75 25 CovidBits 20 .80 What are the steady state probabilities? O [3/4 1/4] O [ 2/3 1/3] O [4/9 5/9] O [1/2 1/2]
A decision in which the manager of a firm decides on only the whole number value of a control variable. * marginal decision discrete decision continuous decision incremental decision
Samples of size 20 are drawn from lots of 100 items, and the lots are rejected if thenumber of defectives in the sample exceeds 2. If the true proportion of defectives inthe lot is 5 percent, determine the probability that a lot is accepted usingc. The Poisson approximation to the binomial
15. Applied Machines produces large test equipment for integrated cireuits. The machines are made to order, so the production rate varies from month to month. Before shipping, each machine is subject to extensive testing. Based on the tests the machine is either passed or sent back for rework. During the past 20 months the firm has had to rework the following numbers of machines: Number Number Number Number Month Produced Reworked Month Produced Reworked 23 28 16 3 3 11 17 3 12 4 1 13 14 2 14 41 15 16 18 32 4 29 19 17 18 33 46 21 4 5 12 1 19 7 10 7 1 20 29 7 Determine if the process was in control for the 20-month period using a stan- dardized version of the p chart. Assume three-sigma limits for the control chart. 123456 7 8 9으
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What effect of changing C3 from 6 to 4.82 on the final value of objective function? Knownig that 4< C3