What benefit would be gained by utilizing linear programming

Assignment Help Operation Management
Reference no: EM132162641

Marketing Research

Answer the following questions:

1. What benefit would be gained by utilizing linear programming (LP) for marketing research?

2. Discuss and provide a basic example of how LP can be used for marketing and/or consumer research.

Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.

Reference no: EM132162641

Questions Cloud

Defined-contribution pension plan : As an employee, would you prefer to participate in a defined-benefit pension plan or a defined-contribution pension plan?
How insurance companies control moral hazard : Give two examples of how insurance companies control moral hazard. (be specific to the type of insurance and the steps taken!)
Why are planning and budgeting important : Why are planning and budgeting important to an organization's success? Include both operational and financial impacts.
Different bundles or different groups of consumers : 1. Find a product that is sold at different prices for different bundles or different groups of consumers (strategic pricing).
What benefit would be gained by utilizing linear programming : What benefit would be gained by utilizing linear programming (LP) for marketing research?
Identify a recent situation in the news : Failure to appreciate and account for them can lead to embarrassing blunders, strain relationships, and drag down business performance.
Can the mine dig 3 tons of gold per month : A gold mine employs miners to dig gold out of the ground. When there are k - 1 miners working in the mine, the marginal product of the kth miner is 0.5k-1 ton
Create conflicting objectives between the two : Analyze the relationship between manufacturers and end-customers. Why may integrating the supply chain as discussed in Chapter 8 of Logistics Management.
A discussion of the current technology used to track : Be sure to include a discussion of the current technology used to track purchases within the supply chain.

Reviews

Write a Review

Operation Management Questions & Answers

  Certified associate in project management

What are the requirements to obtain a CAPM (Certified Associate in Project Management) certification? What are the requirements to obtain a PMP (Project Management Professional) certification? What are the requirements to obtain a PGMP (Program Manag..

  What is the value-added time for this process

What is the throughput time? What is the value-added time for this process? What is the percent value-added time?

  What operations strategy could dell be attempting

Dell has recently switched from allowing customers a great deal of flexibility in designing their own computers to having a few standard models with few options that can be selected by the customer. Based on this information, respond to the following..

  Management is needed in every type of organization

Japanese workers value teamwork and compromise whereas U.S. workers value individualism and self-reliance. Management is needed in every type of organization.

  Find the optimal stocking level and its stockout risk

Find the optimal stocking level and its stockout risk for that quantity.

  What determines the level of organizational risk

What determines the level of technical risk associated with a project? What determines the level of organizational risk?

  Company to produce its goods and services

________ provide the resources needed by a company to produce its goods and services.

  Conflict with the chair of the department of anatomy

The medical school in an academic health center recently implemented a problem-based curriculum, dramatically reducing the number of lectures given and substituting small-group learning that focuses on actual patient cases. How should the dean handle..

  Monetary system facilitates international trade-investment

The international monetary system facilitates international trade and investment. Historically there have been a variety of systems which has resulted in today’s multifaceted system. Describe the current international monetary system and your impress..

  Identify the critical path for your project

The Gantt chart you constructed for this project analyze how much longer you will need to start planning in advance of your event in order to complete.

  Examine the role of leadership in the organization

Examine the role of leadership in the organization - Transactional Vs Transformational. Building the Adaptive Firm.

  Motivate volunteers in your non-profit organization

How would you motivate volunteers in your non-profit organization, when monetary compensation is not an option?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd