Erin Blnton
M046798792
Aaron Zani
M04220780
Forest Wilson M04167190
1
A
How much Jewelry to stock?
Necklaces
8
Rings
17
Bracelets
0
Earrings
33
Total Profit
$7,475
B
C
(100*8)+(120*0)+(150*17)+(125*33 )
Overall decrease in profit by $80
=
7475
D
(100*8) +
Sample test questions:
* for the test, only part a. would be asked, but you should practice parts b,c,d, e for the Output
interpretation problem that will be on the test
1. Robin Tires, Inc. makes two types of tires, for SUVs and Hatchbacks. The firm has
BANA 2082: Business Statistics II Student Name: $Clxn '0 \
Test .32 Show all your work
1) [30 points] A realtor collected the following data for a random sample often homes that recently sold in her
area.
Asking Price (x) Days on Market (y)
c
~
45
House
Exercise
10. The management of Hartman Company is trying to determine the amount of each of two products to
produce over the coming planning period. The following information concerns labor availability, labor
utilization, and product profitability:
Labor
Homework 2, BANA 2082
1.
(16) The LP problem whose output follows determines how many necklaces, bracelets, rings, and earrings a
jewelry store should stock (measured in stocking units). The objective function measures profit; it is assumed
that every pie
BANA 2082: Business Analytics II
Study Guide for Chapter 14: Simple Linear Regression
Student Name: _
Determine the regression equation for the data. Round the final values to three significant digits, if necessary.
1) x 24 26 28 30 32
y 15 13 20 16 24
^
Sample test questions:
4. . A welder manufacturing company has 3 factories set up one in each of the three cities Cleveland,
Pittsburgh, and Dayton and it supplies the produced welders to 3 warehouses(W1, W2, W3) located
in the city of Columbus. The assoc
Business Analytics II
22-BANA-2082-001, 3 Undergraduate Credit Hours
2:00pm-3:20pm., Tuesdays and Thursdays
112 Carl H. Lindner Hall
Department of Operations, Business Analytics, and Information Systems
Carl H. Lindner College of Business
University of Ci
Integer Models
General integer variables: x 0 and integer
Binary variables: 0 x 1 and integer
(equivalent to x = 0 or 1)
Network Models
Class of integer programming problems that
can be solved as LPs and always give integer
solutions
They are called netwo
Sascha Dovenbarger (M04910116), Arushi Kapoor (M06155978), Yianni Kanellopoulos (M06224072),
Brian Larger (M04899308)
BUSINESS ANALYTICS HOMEWORK 2
1. a) What is the optimal solution and what profit will it return?
Ans: The optimal solution is
Necklaces =
Fall
08
15
Fall
Managerial Report
Graham Gerhart
[email protected]
State University
Gerhart 2
Executive Summary
We have been allocated a total of $2,000,000 for investment purposes into bonds
and securities with several constraints as to where we were
BANA2082 Business Analytics II
Final Examination Sample Problems
Mathematical Programming Formulation
The mathematical programming formulation problem will be just like previous ones and
may be for a linear, linear integer, or nonlinear model. Define deci
Multiple Linear
Regression
Michael Magazine
Department of Operations, Business Analytics, and Information Systems
Carl H. Lindner College of Business
University of Cincinnati
Roadmap
We will extend simple linear regression to
multiple linear regression (
Logistic Regression
Finish problem from last time.nos. 16 and 18
Go over logistic regression
Your first homework assignment is numbers 7, 19 and 21 in
chapter 4
On Thursday I will give you some time to work on your
assignment after a brief introductio
Linear Programming sensitivity
analysis
M. Magazine
BA2082
Winter 2014
Sensitivity Analysis tab in excel (no.5 in chapter 8)
What does it all mean
Variable Cells
Variables: their location and name
Their final values
Reduced cost: ?
Objective coefficie
Non-linear Regression
Michael Magazine
QA2082
Fall 2014
First assignment
Work on the problems and then submit to
Blackboard in the assignment section. Click on HW1
and then browse and drop in.
Again, you are encouraged to submit as a group of up
to 4 pe
Linear Programming
sensitivity analysis
M. Magazine
BA2082
Fall 2014
Sensitivity Analysis tab in excel (no.5 in chapter 8)
What does it all mean
Variable Cells
Variables: their location and name
Their final values
Reduced cost: ?
Objective coefficient: fr
Optimization
QA2082
Michael Magazine
Fall 2014
Something different
Optimization refers to finding the best
solution to a problem. Problems are
described by three things:
1.
2.
Objective functioncost, profit, reliability,
ecstasy,.At times, there are multi
Goal Programming
MJ Magazine
BANA2082
Fall 2014
Multiple objectives
Very often we have more than 1 objective:
Reliability/cost
Profit/risk
There are many ways of dealing with this.
We will use goal programming
Goal Programming
The objectives here are all
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.9739580518
R Square 0.9485942868
Adjusted R 0.9446400011
Standard E 9.6081058452
Observatio
15
ANOVA
df
Regression
Residual
Total
Intercept
DJIA
SS
MS
F
Significance F
1 22145.63 22145.63 239.8902 9.3E-010
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.934605
R Square 0.873487
Adjusted R 0.849766
Standard E 5.756575
Observatio
20
ANOVA
df
Regression
Residual
Total
SS
MS
F Significance F
3 3660.74 1220.247 36.82301 2.06E-007
16 530.2104 33.13815
19 4190.9