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DQ 1
Models that pertain to the distribution of a resource within supply chains are often referred to as networks. Distribution among these networks is key to the success of a business while also keeping cost production at a minimum. Discuss at least three ways that linear optimization models can be applied to both physical as well as abstract network problems to increase efficiency in supply chain management.
Word count 300
DQ 2Solving shortest-route problems enables a business organization to use their resources more efficiently and minimize expenditures, thereby increasing overall production and profit. Consider the business or industry in which you work. What is a process that could be improved by the application of a shortest route linear programming model? How would this model improve production, profit, and/or efficiency?
Word count 200
The data in 401K.RAW are a subset of data analyzed by Papke (1995) to study therelationship between participation in a 401(K) pension plan and the generosity of theplan.
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How did your manager deal with the tension related to the change?
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