Chapter 4 - Quantitative Analysis BA 452 Homework 4...

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Unformatted text preview: Quantitative Analysis BA 452 Homework 4 Questions Homework 4 covers the theory and applications in Lessons I-8 and I-9. This document has four parts: Objectives of doing your homework. Assignment of homework questions, with suggestions about which other questions may help you understand the homework questions. Homework 4 Supplemented Questions listing 25 questions: 4 of them are your homework, others may help you understand the homework questions, and the rest may help you understand fine points. Homework 4 Supplemented Answers listing answers to all 25 questions excluding your 4 homework questions. Quantitative Analysis BA 452 Homework 4 Questions Objectives By working through the homework questions and the supplemental questions, you will: 1. Learn about applications of linear programming that have been encountered in practice. 2. Develop an appreciation for the diversity of problems that can be modeled as linear programs. 3. Obtain practice and experience in formulating realistic linear programming models. 4. Understand linear programming applications such as: media selection production scheduling portfolio selection work force assignments blending problems Quantitative Analysis BA 452 Homework 4 Questions Assignment Questions 19, 21, 23, and 25 is your homework assignment. (Hint: Questions 23 and 25 use some of the modeling developed in class, but they also require some original thinking. The key to solving each problem is defining the decision variables. Some of the decision variables that could help solve question 23 are: F = number of windows manufactured in February IF = increase in production level necessary during February DF = decrease in production level necessary during February SF = ending inventory in February One of the decision variables that could help solve question 25 is: x 1 = number of part-time employees beginning at 11:00 a.m.) All questions can be answered with notes and computers. To supplement those homework questions, you should consider (but not turn in) the remaining questions. Tip: Those homework questions and supplementary questions are grouped into sets of similar type. Once you have mastered the questions in a set, you can skip the rest of the questions in that set. Tip: Some of your Exam 1 questions will be variations of some of those homework questions. Quantitative Analysis BA 452 Homework 4 Questions Homework 4 Supplemented Questions 1. The Westchester Chamber of Commerce periodically sponsors public service seminars and programs. Currently, promotional plans are under way for this years program. Advertising alternatives include television, radio and newspaper. Audience estimates, costs, and maximum media usage limitations are as shown....
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Chapter 4 - Quantitative Analysis BA 452 Homework 4...

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