Reference no: EM131678082
1. Discuss why Operations Research (Decision Sciences, Quantitative Analysis, etc.) is an important area of study for future managers/leaders.
2. Discuss the steps in the problem solving process.
3. Discuss the basic assumptions of linear programming models.
4. Explain the difference between a feasible solution and an optimal solution.
5. Graphically, what is the difference between maximization and a minimization problem?
6. Discuss the usefulness of linear programming in three (3) business applications.
7. Discuss the importance of sensitivity analysis in solving linear programming problems.
8. What is a shadow price?
9. Briefly describe how to balance transportation problems that are unbalanced.
10. Discuss the computational difficulties associated with solving integer linear programming problems.
11. What is the difference between an objective function and a goal?
12. Is there an optimum solution to a goal programming or multiple objective linear programming problem.
13. Discuss the main differences between linear programming and non-linear programming problems.
14. What would you do to find the global optimal solution to a difficult non-linear programming problem?
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How many pounds of diatoms must be present
: In a community in which a 2,000 pound orca eats seals, which eat fish, which eat krill, which eat diatoms, how many pounds of diatoms must be present?
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How many states does the markov chain have
: Consider the query P(Rain(Sprink1er = true, WetGrass = true) in Figure (a) and how MCMC can answer it. How many states does the Markov chain have?
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Business requirements of organization and specific system
: Discuss the business requirements of the organization and the specific system used or chosen by the organization.
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Create an ethical environment to ensure account balances
: Create an ethical environment to ensure account balances are correctly valued and reported so that information is reliable for users.
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Discuss the steps in the problem solving process
: Discuss why Operations Research (Decision Sciences, Quantitative Analysis, etc.) is an important area of study for future managers/leaders.
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Construct the equivalent bayesian network
: Three soccer teams A, B, and C, play each other once. Each match is between two teams, and can be won, drawn, or lost. Each team has a fixed, unknown degree.
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Draw a cash flow diagram for this system
: It is anticipated the system will have a salvage value of $5,000 at the end of the sixth year. Draw a cash flow diagram for this system.
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Explain the impact to the companys stock price
: Explain the impact to the company's stock price when the restatement was released and to future earnings forecast, indicating whether or not you believe.
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Discuss the second-order markov process
: Show that any second-order Markov process can be rewritten as a first-order Markov process with an augmented set of state variables.
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