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An Electric Company estimates its demand trend line (in millions of kilowatt hours) to be D = 79 + 0.52 Q, where Q refers to the sequential quarter number and Q=1 for winter 2000. In addition, the multiplicative seasonal factors are as follows:
Quarter Index
Winter 0.8
Spring 2.2
Summer 2.1
Fall 0.7
Forecast energy use for Spring of 2,008. Specify as a whole number by rounding.
Developing a Service Strategy - Operations Strategy The figure below gives an outline of the three steps of developing an operations strategy based on the Platts-Gregory appro
Explain the importance of correctly stating the objective function and constraints in linear optimization problems. Provide a few examples of the problems that could result if the
Describe the four options highlighted in the case study in terms of their feasibility, acceptability and vulnerability.
The XYZ Paint Shop owns and operates a dozen shops in northern Illinois. Their signature paint is diamond polished candy apple red lacquer. Sales (X, in millions of dollars) is rel
1. Develop an lD score for the current layout. What problems can you identify with the current layout? 2. Use trial and error to come up with a better layout that lowers the lD
Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0
Bond validation-Semi-annual interest. Find the value of a bond maturing in 6yrs. with a $1,000 par value and a coupon interest rate of 12% (6% paid semi-annually) if the required r
Observation Methods: The observation methods is the most commonly used methods especially in studies relating to behavioural sciences. In a way we all observe things aro
The BackPack Company produces a line of backpacks. The manager, Jill Nicholas, has decided that the BackPack Company must have very good customer service. She has asked you to d
C.W. Churchman once said that "mathematics tends to lull the unsuspecting into believing that he who thinks elaborately thinks well." Do you think that the best QA models are the o
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