Discussion questions and problems Chapter 12 odd
12-1. What are some of the questions that can be answered with PERT and CPM?
The program evaluation and review technique (PERT) and critical path method (CPM)
are two quantitative analy
Discussion Problem (odd and even)
2-14: A student taking Management Science 301 at East Haven University will
receive one of the five possible grades for the course: A, B, C, D, or F. The
distribution of gr
Discussion Problem Chapter8
8-1. (Production problem) Winkler Furniture manufactures two different types of
china cabinets: a French Provincial model and a Danish Modern model. Each
cabinet produced must go through three departments: carpentry, painting,
Discuss Problems (odd)
3-17. Kenneth Brown is the principal owner of Brown Oil, Inc. After quitting his
university teaching job, Ken has been able to increase his annual salary by a factor
of over 100. At the present time, Ken is forced to c
Discussion question and problem Cheapter14 Even
14-2 Why might a manager be forced to use simulation instead of an analytical model in
dealing with a problem of
(a) Inventory ordering policy?
(b) Ships docking in a port to unload?
(c) Bank teller service
Discussion Questions (odd)
3-1. Give an example of a good decision that you made that resulted in a bad
outcome. Also give an example of a bad decision that you made that had a good
outcome. Why was each decision good or bad?.
1. One winter a fa
Describe question and problems chapter11 even.
11-2. Describe the steps of the maximal-flow technique.
1. Pick any path from the start (source) to the finish (sink) with some flow. If no path
with flow exists, then the optimal solution has been found.
3-2. Describe what is involved in the decision process.
1. Clearly define the problem at hand.
2. List the possible alternative.
3. Identify the possible outcomes or states of nature.
4. List the payoff (typically profit) of each combination of alternativ
Julia Day decided to make her baby food company Starting Right, after watching a
movie about a young woman who quit a successful corporate career to start her own baby
food company. However, Julia knew that it is much easier to make a mo
1-1. What is the difference between quantitative and qualitative analysis? Give several
Quantitative analysis is the scientific approach to managerial decision-making, which
start with data that can be measured; on the other