Fall 2014 Midterm-2 Exam Study guide
The exam will be an open-book and open-notes exam. You could bring any material you wish, but you
cannot hold me accountable for any material other than the textbo
Decision Modeling (BUS 355) Fall 2014
Homework-2 (Due Sep 18 by 8:30 pm)
Guidelines:
(i) The homework must be submitted as a Word document including your honors pledge.
Please submit your Word documen
Homework 1 Probability Concepts Fall 2014
Directions:
(i)
(ii)
(iii)
Save this Word document with your solution as following: your last name_first
name_HW1.docx. Dont forget the honors pledge. Please
Microsoft Excel 14.0 Answer Report
Worksheet: [In Class Linear Practice.xlsx]Sheet1
Report Created: 4/14/2014 12:59:01 PM
Result: Solver found a solution. All Constraints and optimality conditions are
BUS355 Spring 2014
Homework Assignment 3: Probability Theory
Due on February 27th, 2014 10:00 PM
Problem 1 (15 points)
15 out of 15: Great!
Burger City is a large chain of fast-food restaurants specia
BUS 355: Decision Modeling
Linear Programming
Problem 1
Tucker Inc. produces high-quality suits and sport coats for men. Each suit requires 1.2
hours of cutting time and 0.7 hours of sewing time, uses
x
Decision Variable
Max
Bowl
Mug
y
12
40
1
4
Calc. Val.
24
50
2
3
Relation
RHS
1680
60 <=
120 <=
60
120
C.
x
Decision Variable
Max
Bowl
Mug
A.
B.
C.
D.
E.
F.
y
12
35
1
4
Calc. Val.
24
35
2
3
Relation
Decision Modeling (BUS 355) Fall 2014
Homework-3
Guidelines:
1. The homework must be submitted as a Word document including your honors pledge. Please
submit your Word document to Moodle by Oct 9, 8:3
Homework 6 - Decision-Making under Uncertainty and Risk
Fall 2014
Directions:
(i)
(ii)
(iii)
(iv)
Name your word document with solution as following: your last name_first name_HW5.docx.
Dont forget th
Fall 2014 Midterm-1 Exam Study guide
The exam will be an open-book and open-notes exam. You could bring any material you wish, but you
cannot hold me accountable for any material other than the textbo
Exponential
lambda
Pr(T<=45)
Pr(45<=T<=60)=Pr(T<=60)-Pr(T<=45)
0.2857142857 per hr
0.0047619048 per min
#NAME?
#NAME?
Pr(T>2 hr)=1-Pr(T<=2hr)
Pr(X=0 in 2hr)
Pr(T2<=30)
#NAME?
#NAME?
#NAME?
#NAME?
n
mu
BUS355 Spring 2014
Homework Assignment 6: Linear Programming
Due on April 17th, 2013 10:00 PM
Problem 1 (60 Points)
Jingani Pottery Company is a small crafts operation run by a Native American tribal
BUS355 Spring 2014
Homework Assignment 4: Simulation
Due on April 3, 2014 10:00 PM
Problem 1
Mapple Inc. is just about to release their ePod mini. They would like to sell the device for
$329. They ant
BUS355 Spring 2014
Homework Assignment 2: Decision Theory
Due on January 30, 2014 10:00 PM
Problem 1 (55 points)
Jeff Winters is considering investing some money that he inherited. The following payof