MGSC 1206
Introduction to Quantitative Methods II
Winter 2016
ASSIGNMENT 1
Due: 1:00 PM. Friday, January 22, 2016
PRACTICE PROBLEMS:
In 11.3 Exercises on pp.566-569, problems #26, #27, #30, #31.
In 11
MGSC 1206.1
INTRODUCTION TO QUANTITATIVE METHODS II
Fall 2015
SOLUTION KEY TO ASSIGNMENT #1
Due: 1:00 PM, Friday, September 25, 2015
1. Revenue Canada's call centre in St. John's provides
tax return i
MGSC 1206.2
INTRODUCTION TO QUANTITATIVE METHODS II
Winter 2016
ASSIGNMENT #4
Due: 1:00 PM, Friday, March 18, 2016
#1. The Lavall Washing Machine Company is considering hiring a new employee for a key
MGSC 1206.1
Introduction to Quantitative Methods II
Fall 2016
ASSIGNMENT 5
Due: 1:00 PM. Friday, November 25, 2016
1. An oil company may bid for only one of two contracts for oil drilling in two diffe
MGSC 1206
Introduction to Quantitative Methods II
Winter 2016
ASSIGNMENT 2
Due: 1:00 PM. Friday, February 5, 2016
PRACTICE PROBLEMS:
In 13.1 Exercises on pp.668-669, problems #13,15,17,47.
In 13.2 Exe
MGSC 1206
Introduction to Quantitative Methods II
Winter 2017
ASSIGNMENT 2
Due: 1:00 PM. Friday, February 3, 2017
PRACTICE PROBLEMS:
In 13.1 Exercises on pp.668-669, problems #13,15,17,47.
In 13.2 Exe
MGSC 1206.2
Introduction to Quantitative Methods II
Winter 2017
ASSIGNMENT 1
Due: 1:00 PM. Friday, January 20, 2017
PRACTICE PROBLEMS:
In 11.3 Exercises on pp.566-569, problems #26, 27, 30,31.
In 11.4
TO:
FROM:
DATE:
SUBJECT:
COMM 2293 Students
COMM 2293 Instructors
January 8, 2018
Assignment 1 Instructions
For Assignment 1, write a direct strategy email.
Who you are: the administrative assistant a
[QUANTITATIVE METHODS 1: MGSC 1205 - HANDOUT #1]
Instructor: Nader AZAD
Example 1. Suppose that to develop and produce a new product will cost $100,000 in time and equipment, plus $3.50 per unit for l
[QUANTITATIVE METHODS 1: MGSC 1205 - HANDOUT #2]
Instructor: Nader AZAD
Example 1. Suppose that we have three options available to make the product:
Option A: Purchase a used machine for $25,000 and h
[QUANTITATIVE METHODS 1: MGSC 1205 - HANDOUT #3]
Instructor: Nader AZAD
Example 1. Susan deposits $2000 into her savings account. What is her balance after she earns 7% simple interest for 6 years?
Ex
[QUANTITATIVE METHODS 1: MGSC 1205 - HANDOUT #4]
Instructor: Nader AZAD
Example 1. A small business took out a loan of $50,000 four years ago, and paid it back today with $80,611.30. How much is
the a
[QUANTITATIVE METHODS 1: MGSC 1205 - HANDOUT #5]
Instructor: Nader AZAD
Effective Rate of Interest
Example 1. Joe needs to borrow money. Bank A charges him 8% interest compounded semiannually; and ban
MGSC 1206
Introduction to Quantitative Methods II
Winter 2018
Assignment #4
Due: 1 pm, Friday, February 2nd
1. Costs of producing x units of a product are given by
3
() =
100 2 + 10,100
3
a) Find an
MGSC 1206
Introduction to Quantitative Methods II
Winter 2018
Assignment #2 Solutions
Due: 1 pm, Friday, January 19th
1.
a)
The cost of producing x units is given by C ( x ) 0. 32 x 3 14 x 2 3500 x 65
Demand and Revenue Functions
1. Suppose that the relationship between quantity(x) and price( p) (demand function) for a
product can be described by
300
() = 3
a) Construct a revenue function for the i
MGSC 1206
Introduction to Quantitative Methods II
Winter 2018
Assignment #2
Due: 1 pm, Friday, January 19th
1.
a)
b)
c)
The cost of producing x units is given by() = 0.32 3 14 2 + 3500 + 6500
Find the
MGSC 1206
Introduction to Quantitative Methods II
Winter 2018
Assignment #4
Due: 1 pm, Friday, February 2nd
1. Costs of producing x units of a product are given by
3
() =
100 2 + 10,100
3
a) Find an
[QUANTITATIVE
METHODS 1: MGSC 1205 HANDOUT #11]
Instructor: Nader AZAD
Example 1. Consider the following LP model
Minimize C = 1.5x +2y
Subject to:
3x 3 y 75
2 x 4 y 60
4 x 2 y 60
x0
y0
a) Sketch a gr
MGSC 1205
Introduction to Quantitative Methods I
Fall 2017
Solutions to Assignment #1
Total = 34 points
Due: 1 pm, Friday, September 15th
1. Smithson Foods is considering launching a new line of froze
[QUANTITATIVE
METHODS 1: MGSC 1205 HANDOUT #10]
Instructor: Nader AZAD
Compound interest
A P1 i
n
1 i n 1
Future Value of an Annuity
FR
Present Value of an Annuity
1 1 i
PR
i
i
n
RF
i
1 i n 1
RP
i
n
[QUANTITATIVE METHODS 1: MGSC 1205 - HANDOUT #6]
Instructor: Nader AZAD
Present Value of an Annuity
Example 1. John has some money in his saving account upon retirement. Suppose that he can withdraw $
[QUANTITATIVE
METHODS 1: MGSC 1205 HANDOUT #18]
Instructor: Nader AZAD
Example 1. Northwest makes three different types of emergency transmitters (epirb) used by ships to signal distress. There are su
MGSC 1206
Probability Analysis: Tables and Trees
Dr. Muhong Wang
Probability Tables and Trees
Two basic tools in probability are tables and trees. A table is a useful device for summarizing
informatio
MGSC 1206.1
INTRODUCTION TO QUANTITATIVE METHODS II
Fall 2015
IN-CLASS EXERCISE #3
MGSC 1206.1
September 30, 2015
A Number _
Name _
(print)_
_(signature)
A service station mechanic installs 15 spark p
MGSC 1206
Probability Basic Concepts
Dr. Muhong Wang
PROBABILITY ANALYSIS: BASIC CONCEPTS
When we are faced a decision making problem with uncertainty, our decision may result in a number of
results,
MGSC 1206
Probability Analysis: Tables and Trees
Dr. Muhong Wang
Probability Tables and Trees: Solution Keys
Probability Analysis using Tables
1. Let R be the event of the person recalling the commerc
MGSC 1206
Examples of Binomial Distribution
Dr. Muhong Wang
Binomial Distribution
Sometimes we do an experiment repeatedly under exactly same environment, and we are
only interested in the frequency o
MGSC 1206.1
INTRODUCTION TO QUANTITATIVE METHODS II
Fall 2015
IN-CLASS EXERCISE #1
MGSC 1206.1
September 16, 2015
A Number _
Name _
(print)_
_(signature)
A representative group of 300 working people i
MGSC 1206.1
INTRODUCTION TO QUANTITATIVE METHODS II
Fall 2015
Solution Key to IN-CLASS EXERCISE #2
MGSC 1206.1
September 23, 2015
A Number _
Name _
(print)_
_(signature)
Working Women A survey has sho
[QUANTITATIVE
METHODS 1: MGSC 1205 HANDOUT #17]
Instructor: Nader AZAD
Example 1. Consider the following problem.
Minimize Cost = 12x + 5y
Subject to
2x + 4y 200
3x + 2y 150
x 40
x-y0
x, y 0
a) Graph
MGSC 1205
Quantitative Methods I
September-December 2017
Class 9-Project Evaluation
Instructor: Nader AZAD
1
Project Evaluation
Net Present Value: The Net Present Value is used for
evaluating the desi
[QUANTITATIVE
METHODS 1: MGSC 1205 HANDOUT #16]
Instructor: Nader AZAD
Example 1. San Pharmaceuticals is looking at several potential R&D projects. For 2013 it has $9 million to invest. Projects
under
MGSC 1205
Quantitative Methods I
September-December 2017
Class 10-Linear Programming (Introduction
and Formulation)
Instructor: Nader AZAD
1
Linear Programming
Linear programming (LP) is constructing
MGSC 1205
Finance Practice Problems
Compound interest
A P1 i
n
Future Value of an Annuity
n
1 i 1
F
R
Present Value of an Annuity
P
i
1 1 i
i
n
R
R
R
i
1 i n 1
i
1 1 i
n
F
P
1. EarlyTax offers to g