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Locate a recent article (from within the last 5 years) from the library's databases OR interview a business leader about how a transportation, transshipment, assignment, or shortest-route problem was resolved with a linear programming model.
Question 1: Summarize the problem presented in the article or interview.
Question 2: Explain the objective function and constraints the business faced in relation to this problem.
Question 3: Describe the linear programming model used to solve this problem.
Question 4: Provide the optimal solution presented in the article or interview.
Question 5: Summarize the final outcome of the implementation of the solution.
assuming the the merger in the automotive industry faces some threats and that the industry decides on self expansion as an alternative strategy, describe the additional complexities that would arise under this new scenario of expansion via capita..
Suppose that the company is a price taker and the market price is $10. How many units will each plant produce?
Represents the short-term dilemma between inflation and unemployment. How could the central bank move the economy from one point of this curve to another.
A college student has two options for meals: eating at the dining hall for $6 per meal, or eating a Cup O'soup for $1.50 per meal. His weekly food budget is $60.
Where does a monopsony hire on the resource market graph?
The invention of computers and word processing programs enables authors to write books more quickly. Analyze the effect on the labor market for authors
Cost-Benefit Analysis" Please respond to the following: Provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers to meet production.schedules.
Calculate the probability of bankruptcy when the nominal interest rate for a risky borrower is 8% and the nominal policy rate of interest is 3%.
The money supply (M) is the sum of bank deposits (D) plus currency in the hands of the public (call that C). Suppose the required reserve ratio is 20 percent and the Fed provides $50 billion in bank reserves (R = $50 billion).
Prepare a 1-2 page paper that discusses the impact of India's economy on the United States and other current world economic powers.
Define both free and restricted trade. What do you feel are the benefits and the cost to having free trade? What are the benefits and cost to having restricted trade?
Suppose the president was given the authority to increase or decrease federal spending by as much as $100 billion in order to stabilize
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