Sensitivity analysis
Operations Management
Peter Bodo
Sensitivity analysis
The purpose of sensitivity analysis is to
investigate how changes in certain
parameters or variables affect the optimal
solution of the LP problem and the value of
the objective f
Australian Paper
Manufacturers
Case Study Summary
Chris Rogers, Issaga Sidibe, and Sylvia Jaje
MBA 548 Operations Management
Summer 2016
APMs position before making decision
to produce fine paper
APM was a paper packaging company
specializing in manufactu
Operations Management
Case Analysis: Barilla SpA (A)
JRL (JRL Consulting)
:
tech@jrleeconsulting.com
:
www.jrleeconsulting.com
1. What are the underlying causes of the difficulties that the JITD program was created to
solve?
2. What are the benefits and d
Chapter4
Assignment1:ReadtheChapter
Assignment2:AnswerthefollowingQuestions
1. Describe at least three types of tangible and intangible resources and capabilities.
Tangibleresourcesandcapabilities:assetsthatareobservableandeasilyquantifiedinclude:
Financi
Main Issue :
We have noticed during the late 1980s, the company suffered increasing
operational inefficiencies and cost penalties that resulted from week to
week variantions in its distributors orders
Variabillity: some of the main reasons of variability
MBA 548
Operations Management
Introduction to linear programming
Peter Bodo
The linear programming problem
A linear programming problem is an optimization
problem for which the following holds:
We maximize or minimize a linear function of the
decision v
Regression Analysis
MBA 548
Operations Management
Peter Bodo
Regression models
Regression models are mathematical
models (=equations) that
describe how certain variable(s) depend on
other variable(s); i.e. they describe cause
effect relationships among
Chapter 12 Solutions
2.
b. How could the manager use this information? To allocate control efforts.
c. Suppose after reviewing your classification scheme, the manager decides to place item P05
into the A category. What would some possible explanations be
MGT 3110: Exam 3 Study Guide
Discussion questions
1.
What is safety stock, and what is its purpose?
2.
Under what circumstances would the amount of safety stock held be (a) Large? (b) Small?
(c) Zero?
3.
What is meant by the term service level? Generally
Consider the time series below.
a. Show the time series graphically. Is it stationary or nonstationary? Explain.
b. Produce forecasts for the first two quarters of year 4 using the following methods:
i) simple linear trend; ii) linear trend with seasonal
Forecasting
MBA 508 Operations Research
Peter Bodo
Time series
Time series: a data set that includes
observations of a variable collected over time
Trend in time series: gradual shifting of data
Seasonal patterns: regular patterns within a
period
Stat
Factorscontributingtoincreaserecycledpaperpapercapacity.Whywould
APMconsiderthis?
Pulps fibres obtaining by a complicated chemical process from natural
materials represent the primary raw material for the paper production,
mainlyfromwood.Thisfibersproduct
FOURTH EDITION

History of
Economic Thought
FOURTH EDITION

History of
Economic Thought
Harry Landreth
Centre College
David C. Colander
Middlebury College
Houghton Mifflin Company
Boston
Toronto
Contents
1
Introduction
1
The Central Focus of Modern Econ