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Nonlinear optimization assignment:
In the FPL electricity pricing model, we assumed that the capacity level is a decision variable. Assume now that capacity has already been set at 0.65 million of mWh. (Note that the cost of capacity is now a sunk cost, so it is irrelevant to the decision problem.) Change the model appropriately and run Solver. Then use SolverT-able to see how sensitive the optimal solution is to the capacity level, letting it vary over some relevant range. Does it appear that the optimal prices will be set so that demand is always equal to capacity for at least one of the two periods of the day?
What are the leadership skills needed to manage a virtual team?
Susan has a part-time "cottage industry" producing seasonal plywood yard ornaments for resale at local craft fairs and bazaars. She thinks that by redesigning the ornaments and switching from use of a wood glue to a hot-glue gun she can increase he..
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In order to monitor this process, the quality-control manager randomly selects a spinning machine each hour and checks the number of breaks during a 15-minute period.
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Review the model of Strategic Management of Human Resources and describe how it impacts an organization. 3-5 Pages excluding cover page, abstract page, and reference page. Students need to support their work with at least 4 academic or professional..
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