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Q. Arnold Tofu owns also operates a chain of 12 vegetable protein "hamburger" restaurants in northern Louisiana. Sales figures also profits for the stores are in the table below. Sales are given in millions of dollars; profits are in hundreds of thousands of dollars. Computes a regression line for the data. Elucidate what is your forecast of profit for a store with sales of $24 million? $30 million?
Suppose which daily usage is normal also which it has a standard deviation of 1.5 gallons per day. Elucidate what ROP is appropriate if the acceptable risk of a stock out is 2 %.
A company produces two products which are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 hours. Propose linear programming model for this problem.
The Delicious Apple Company has orchards in Red City, Golden, and Macville Estimated amounts of apples to be available from the three orchards are the following-Solve the problem for optimal answer and provide the value of the objective function an..
Suppose which Always Rain Irrigation's marketing department will undertake an intense ad campaign for the bronze sprinklers which are more expensive however also more durable than the plastic ones. Forecast demand for the next four years.
Recognize a problem in your organization, or a challenge from your simulation experience, and apply the four stages of Martin's decision-making model to it.
Quantitative Analysis for decision making class
The supply also demand for economy cars also the total cost of moving these vehicles between sites are shown below. Elucidate what would you have to do to the costs to assure which A always sends a car to D as part of the optimal solution.
For this Discussion Forum, please document all of the steps needed to create a specific strategic group map for the beer industry. Then create a strategic group map, based upon the following industry definition:
If the blend needs to score at least 300 points for shade tolerance, 400 points for traffic resistance also 750 points for drought resistance, describe how many pounds of every seed should be in the blend. Describe how much will the blend cost.
Elucidate what are the conditions which would have to exist for driving a car which are analogous to the assumptions made when using exponential smoothing.
This solution describes the concepts of shadow price and maximization problem, differences between graphical and computer-based methods of solving LP problems differ, and sensitivity analysis in decision making process.
The strategy of the Sherman Anti-Trust Act and other U.S. antimonopoly legislation is to ensure that each company has meaningful competitors in every product market in which it participates.
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