Homework 1 (Due Feb 22nd)
3-30: b, c, f, g (Please do not consider do nothing option here): 20 point
3-43 (Please do not consider do nothing option here): 20 point
7-18 : 20 point
A) Formulate this problem
B) Solve this problem using isocost line met

OMIS 327 Lecture 11:
Simulation
Instructor: Dr. Lee, Jung Young
1
Todays Learning Goals
Understand the seven steps of conducting a
simulation.
Explain the advantages and disadvantages of
simulation.
Simulation Modeling
2
Introduction
Simulation is one

OMIS 327 Lecture 5:
Solving LP problems
using Excel
Instructor: Dr. Lee, Jung Young
1
Announcement
Homework 1 is due Monday, February
22nd
2
Todays Learning Goals
Solve LP problems using Excel Solver
3
Solving Flair Furnitures LP
Problem Using Excel
Mo

OMIS 327 Lecture 10:
Waiting Lines and
Queuing Theory Models
Instructor: Dr. Lee, Jung Young
1
Todays Learning Goals
Describe the trade-off curves for cost-ofwaiting time and cost of service.
The Exponential and Poisson Distribution
Understand characte

OMIS 327
Practice Problem Set for Exam 2
*
I assume that you have reviewed the entire lecture notes at
least three times before solving this practice problem set
*
Students Name: _
Students ID: _
Important Notes:
a) Please mark your answers on the answer

OMIS 327
Practice Problem Set for Exam 1
TRUE/FALSE. Write T if the statement is true and F if the statement is false (2 points for each)
1. You can calculate surplus for a less-than-or-equal constraint.
2. One of the assumptions of LP is "proportionality

OMIS 327 Lecture 9:
Network Models
Instructor: Dr. Lee, Jung Young
1
Announcement
Homework #2 is due March 30th.
2
Todays Learning Goals
Connect all points of a network while
minimizing total distance using the minimalspanning tree technique.
Determine

OMIS 327 Lecture 6:
Sensitivity Analysis and
LP application
Instructor: Dr. Lee, Jung Young
1
Todays Learning Goals
Sensitivity Analysis
Changes in the objective function
Coefficient s
Changes in right-hand side values
2
Sensitivity Analysis
Optimal s

OMIS 327 Lecture 7:
Integer Programming
Instructor: Dr. Lee, Jung Young
1
Todays Learning Goals
Understand the difference between LP
and integer programming.
2
Integer Programming
An integer programming model is one where one or
more of the decision var

OMIS 327 Lecture 3
Linear Programming:
Problem Formulation
Instructor: Dr. Lee, Jung Young
1
Todays Learning Goals
Basic assumptions and properties of
linear programming (LP)
LP problem formulation
2
Introduction
A production schedule and an inventory

OMIS 327
Lecture 2: Decision
Analysis
Instructor: Dr. Lee, Jung Young
1
Announcement
Your introduction with a picture of yours!
Use the introduction submission link at BB
Name, major, and anything else.
2
Todays Learning Goals
Types of decision making

OMIS 327 Lecture 4:
LP Graphical Analysis
Instructor: Dr. Lee, Jung Young
1
Todays Learning Goals
Graphical Solution to an LP Problem
Isoprofit Line Solution Method
Corner Point Solution Method
Slack and Surplus
2
Flair Furniture
Company
T = number of

OMIS 327
Lecture 1: Quantitative
Analysis
Instructor: Dr. Lee, Jung Young
1
Chronicle of Higher
Education Employer
Survey
Graduates lack.
Adaptability
Managing Multiple Priorities
Making Decisions
Written and Oral Communication Skills
Solving Proble

Explain how the Voice of the Employee supports improved internal processes, and how the Voice
of the Business supports customer satisfaction.
Voice of the Employee
o Focuses on safe workplace and employee relations.
Employees who feel safe at work are m

1) How do various dimensions of quality introduced in this chapter align with the quality
characteristics that are important to Harley Davison and its customers?
Performance: Harley Designs bikes for all types of riders, they have bikes that are
designed

OMIS 327
Lecture 2: Decision
Analysis
Instructor: Dr. Lee, Jung Young
1
Announcement
Your introduction with a picture of yours!
Use the introduction submission link at BB
Name, major, and anything else.
2
Todays Learning Goals
Types of decision making

OMIS 327
Lecture 13: Linear
Regression 2
Instructor: Dr. Lee, Jung Young
1
Announcement
SurveyMonkey for Case Competition
day!
https:/www.surveymonkey.com/r/W99XVX8
2
Todays Learning Goals
Testing the Models Significance (F-test)
Testing the Linear Re