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Homework: Quant Decision Making Case Study
For this homework, you may use a case study from the text or a problem you are attempting to resolve in your respective area/industry of business. Please remember you will not be assigned a case study so you will need to begin to identify your case study/problem as soon as possible. Case studies we have already conducted in class may not be used for group or individual case study submissions.
Task
Question I. Provide the background of the problem you are attempting to resolve.
Question II. Create a mathematical equation for the problem on the first tab of your Excel Worksheet
Question III. Solve the problem using Solver (linear programming) on the second tab of your Excel Worksheet.
Question IV. Provide a management report (discuss results, sensitivity analysis, and provide recommendations) for your findings in a Word Document. Stuents should use screenshots to insert both the Solver solution and the sensitivity analysis in the management report completed in Word.
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