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Assignment -
Looking for a model that will allow us to identify the optimal number of electives to offer in our evening MBA program, given varying cohort sizes.
The initial key considerations as see them are:
1) Minimum enrollment per elective: 10
a. I'd also like to see alternate solutions for minimums of 12, 15 and 18, please
2) Maximum enrollment per elective: 25
a. Alternate solutions for 20 and 30
3) Standard enrollment model: 2 electives per 8-week term, 2 terms per semester. Evening MBA students only take electives for two semesters.
Note - This is a part of decision analysis. Find the solution to the problem mentioned above.
q1. cally uses labour l and capital k in her production process. the wage rate for one unit of labour is 10 while units
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