Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
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John Clooney, a bush pilot in Alaska, makes regular charter flights in his floatplane to various towns and cities in western Alaska. His passengers include hunters, fishermen, backpackers and campers, and tradespeople hired for jobs in the different localities. He also carries some cargo for delivery. The following network shows the possible air routes between various towns and cities John might take (with the times, in hours). For safety reasons, he flies point-to-point, flying over at least one town along a route, even though he might not land there. In the upcoming week John has scheduled charter flights for Kotzebue, Nome, and Stebbins. Determine the shortest route between John’s home base in Anchorage and each of these destinations.
Use the table below to answer the following question(s). The Riviera Transport Company (RTC) produces car accessories at two plants: Dallas and Atlanta. They ship them to major distribution centers in Houston, San Jose, Jacksonville, and Memphis. The accounting, production, and marketing departments have provided the information in the table below, which shows the unit cost of shipping between any plant and distribution center, plant capacities over the next planning period, and distribution center demands. RTC's supply chain manager faces the problem of determining how much to ship between each plant and distribution center to minimize the total transportation cost, not exceed available capacity, and meet customer demand. Assume Xij = amount shipped from plant i to distribution center j, where i = 1 represents Dallas, i = 2 represents Atlanta, j = 1 represents Houston, and so on. Transportatio In Model Data Distribution Center Plant Houston Memphis 18.48 Dallas 13.00 Atlanta 10.75…
Problem-solving is a critical technique used in many businesses to overcome challenges and improve services.In the case of CoffeeVille, they faced a limitation in their delivery service which was affecting their business operations. The problem-solving process was used to find a solution to this issue.Possible solutions could have included hiring more delivery personnel, optimizing delivery routes, or implementing a delivery scheduling system. After evaluating these solutions, they might have chosen to hire more delivery personnel and optimize delivery routes as the most feasible and impactful solution. After implementing these changes, they would have reviewed their delivery service to ensure that the problem was effectively solved. This is a simplified example, but it illustrates how problem-solving can be used to overcome challenges and improve services in a business context. Perform a self evaluation of the critical thinking skills. This must include writing and responding to five…
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