Reference no: EM131367047
Cory is a business student at Brick University. He has just finished a course in Information Technology which had a midterm exam, a final exam, assignments and class participation. He earned 82% on the midterm exam, 79% on the final exam, 94% on the assignments and 100% on participation. The instructor is letting the students choose their own weighting scheme for the final course mark, with the following restrictions:
Participation can be no more than 15% of the total course mark.
The weighting for the final exam must be at least 1.5 times the weighting for the midterm exam.
The total of the midterm and final exams must count for at least twice the assignment mark
Each component must count for at least 5% of the total course mark.
The marks assigned to the four components must total 100 and be non-negative.
Provide a write-up of your model formulation ; define your decision variables, state the objective function, and list all constraints. In Excel, use Solver to find the optimal values for the decision variables and Cory’s total course mark.
|
The stargazers company manufactures telescopes
: Now that you have researched the contents of a project plan, write an Executive Summary and a Scope Statement for the following project using Microsoft Word. The Stargazers Company manufactures telescopes. Sales of scopes have been dwindling so they ..
|
|
Affected traditional survey and experimental research
: Given the enormity of secondary data availability, research options have been modified over the years; after conducting some basic search using scholarly articles, briefly outline such changes and how they have affected traditional survey and experim..
|
|
Calculate the economic order quantity and carrying costs
: Clap Off Manufacturing uses 1,600 switch assemblies per week and then reorders another 1,600. Assume the relevant carrying cost per switch assembly is $5.30 and the fixed order cost is $590. Calculate the carrying costs. Calculate the restocking cost..
|
|
Protection level for high fare to maximize expected revenue
: Inn at Penn has 200 rooms. For regular-fare customers, rooms are priced at $300 per night while the rooms are priced at $600 per night for the high-paying customers who generally arrive at the last minute. What should the protection level for the hig..
|
|
Define your decision variables-state the objective function
: Cory is a business student at Brick University. He has just finished a course in Information Technology which had a midterm exam, a final exam, assignments and class participation. Participation can be no more than 15% of the total course mark. The w..
|
|
Using concepts from organizational architecture
: In most restaurants in the United States, waiters receive a large portion of their compensations through tips from customers. Generally, the size of the tip is decided by the customer. However, many restaurants require a 15% tip for parties of eight ..
|
|
What objectives should marketing plan accomplish
: What is a marketing plan? What lies at its center? What objectives should a marketing plan accomplish? How can market research benefit a small business owner? List some possible sources of market information.
|
|
Krewe of orpheus maintains supply of swizzle sticks
: The Krewe of Orpheus maintains a supply of swizzle sticks for events throughout the year. Demand for swizzle sticks is shockingly low, a quick check of krewe records from last year reveals that they used only 585,000, but the krewe president believes..
|
|
What is nonpunitive discipline-environmental sustainability
: Do you believe the sending of weekly e-mail newsletter to customers should be considered spam or online trespass to personal property, as prohibited in some states? Compare mc donald's on istagram and burgerking on instagram post follower following a..
|