MGMT 3050
DECISION SCIENCE
Chapter 1:
Learning Objectives
2
Develop a general understanding of the
management science/operations research
approach to decision making.
Realize that quantitative applica
I
Introduction to Decision Science
First Exam Fall 2016
Name: _
This is a TAKE-HOME Exam which consists of 5 questions on 7 pages (CHECK
NOW TO ENSURE THAT YOU HAVE A COMPLETE EXAM). You are required
Decision Science
Chapter 4 - Linear
Programming
Applications
Learning Objectives
1. Learn about applications of linear
programming that have been encountered
in practice.
2. Develop an appreciation f
MGMT 3050 Decision Science
CHAPTER 4: Linear Programming Applications:
Learning Objectives
1. Learn about applications of linear programming that have been encountered in
practice.
2. Develop an appre
MGMT 3050 Decision Science
CHAPTER 2: Introduction to Linear Programming
Learning Objectives
1. Learn how to develop linear programming models for simple problems.
2. Be able to identify the special f
MGMT 3050 DECISION SCIENCE
Chapter 1: Introduction
Learning Objectives
1. Develop a general understanding of the management science/operations research
approach to decision making.
2. Realize that qua
CHAPTER 2
Introduction to Linear Programming
1
Learning Objectives
Learn how to develop linear programming
models for simple problems.
Be able to identify the special features of a
model that make it
Linear Programming Applications in Marketing, Finance and Operations Management
Chapter 4 Homework Solutions
11.
Let
xij = units of component i purchased from supplier j
Min
s.t.
12x11
x11
+ 13x12
+ 1
East Tennessee State University
Department of Management and Marketing
MGMT 3050 001 - Decision Science
Fall, 2016: M, W, 3:10 to 4:30 p.m.
Classroom: SW 230
Desire 2 Learn Site: Site: http:/elearn.et
Chapter 1 - Homework Solutions:
9.
If a = 3, x = 13 1/3 and profit = 133
If a = 4, x = 10 and profit = 100
If a = 5, x = 8 and profit = 80
If a = 6, x = 6 2/3 and profit = 67
Since a is unknown, the a