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Identify Objectives (O), Decision Variables (V), Constraints (C) and Parameters (P), among the provided list referred to your everyday life:
Maximize your GPA
You must register for at least X
Credit Hours per semester
The number X
Allocating your time to study different classes
Maximize your enjoyment while at College
Your tuition cost
Your current age
Picking Weekend getaways
Wondering whether getting 3 or 4 cans of beers while shopping
Can’t spend more than $$ for your shopping
Write the cost and revenue functions. Plot cost and revenue functions on a graph paper.
Can you think of a spreadsheet file you have used with all numbers treated as known constants when in fact they are not?
What should Avery Mitchell do next? What information should he ask the consultants for before accepting their proposal?
Wally is not satisfied with the number you give in (a); he wants the process capacity to become larger. There is a worker recently hired. Who do you want the new worker to help? Order taker, picker, or packer? Why?
Explain how the marketing function of an organization can benefit from using a customer management (CRM) system.
Analyze the cost of regulations and enforcement, versus the benefit in reduced worker injury. Is the cost of regulations and enforcement worth the results?
The most frequently asked question about leadership is whether leaders are born or made.
What are your assessments of the moral and ethical development and moral intelligence of the manager you worked for?
Explain how gender identity may have changed in the past 2-3 generations (i.e., your parents and grandparents) with changing dynamics in family (divorce, single parents, women in the workforce, Title IX, etc.).
Explain how public-sector bargaining differs from private-sector bargaining in terms of : a)economic system and the market economy b) relationship between its budget and collective bargaining c) bargaining structure and decision-making processes d) n..
Present a personal appraisal of the “lessons learned” from the case.
What are the implications and consequences of overestimating costs, and of underestimating costs?
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