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Question 1: Explain the importance of correctly stating the objective function and constraints in linear optimization problems. Using examples from your professional experience, describe the problems that could result if the objective function and constraints are not stated properly. Why did these problems arise? Support your anecdotal evidence with support and rationale from the readings.
Question 2: Some business problems have constraints that lend themselves to the precise quantitative assessment that we are studying this week. But, consider the constraints that culture, politics, turf issues, morale, etc. impose on an organization. Their effects are visible but cannot be captured in such precise terms. How would you include these variables when making decisions for your organization?
Question 3: Describe a workforce scheduling, a blending, and a logistics problem facing your current organization or industry. What is being optimized in each of your examples and why? How do linear optimization techniques differ from decision tree analysis? Which are more applicable to the examples you identified? Support your response with rationale from the readings.
What was the purpose of calculating a Cohen's d?
Suppose that a business incurred implicit cost of $200,000 and explicit cost of $1million in a specific year.if the firm sold 4,000 units utput at $300 per unit, calculate accounting profit and economic profit.
How would you determine whether to include reference to the correction in the audit report? If reference is needed how should it affect the type of audit opinion given?
Based on the information presented in the case study, create a decision tree or Excel-based analysis to determine the most appropriate recommendation.
Write an argumentative paper of no more than 300-600 words that demonstrates why globalization is good or not good for a business.
To that end, do you feel the profession goes far enough in policing itself? Or should it even be allowed to police itself?
1- mnes have to match the requirements for local responsiveness and cost minimization with proper strategies for global
Describe how businesses can act responsibility to satisfy society
What do we call the Private businesses that are authorized to make SBA insured loans to start-ups and small businesses?
Evaluate product innovation at Gillette throughout its history. Has Gillette been a victim of its own success? Has product innovation in the wet-shaving market come to an end? Explain.
1. Describe what are the advantages of using discounted cash flow methods of capital investment evaluation? 2. Why do organizations increase funds from a combination of sources?
As a manager, please list and briefly describe at least three levers you would use to improve supply chain profitability.
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