EXERCISES
2.11. Brown Furniture Revisited Revisit the Brown Furniture Company (Example 2.1). As
plans are being made for a new quarter, a revised set of figures on resource availabilities is
compiled. The new resource limits are as follows.
Fabrication ho

UGFN1000A Course outline
UGFN1000A In Dialogue with Nature
Lecturers:
Dr. CHEUNG Hang Cheong Derek
Dr. NG Ka Leung Andy
HYS 706
HYS 705
3943-9707
3943-9710
derekcheung@cuhk.edu.hk
andyklng@cuhk.edu.hk
Course Homepage: http:/elearn.cuhk.edu.hk/ (CU eLear

THE CHINESE UNIVERSITY OF HONG KONG
Department of Decision Sciences and Managerial Economics
DSME2011 Statistical Analysis for Business Decisions
Sections G and H
(First Term, 2015-2016)
INSTRUCTOR
Name:
Office:
Phone:
E-mail:
Office hours:
David Chow
Rm

COURSE SCHEDULE & LIST OF TOPICS (Section K)
Class time:
Friday 9:00 a.m. to 11:15 a.m.
Venue: YIA 503
Homework
Assignment
Date
Topic
15 Jan
The Accountants Role in the Organization
Ch. 1
22 Jan
An Introduction to Cost Terms and
Purposes
Ch. 2
2-33
29 Jan

Question
Student Corporation is expected to pay the following dividends over the next four years: $9, $7,
$5 and $2.5. Afterwards, the company pledges to maintain a constant 5% growth rate in
dividends forever. If the required rate of return on the stock

40%
Good Market
1
0
3
1.65
60%
Bad Market
2
0
0.75
Develope
3
3
3
Sell to Company A
0.75
0.75
0.75
Work with Company B
1.2
1.2
1.2
Develope
-2
-2
-2
Sell to Company A
0.75
0.75
0.75
Work with Company B
0
0
0

Develope
=
Sell to Company A
2
0.75
0
Work with Company B
=
40%
Good Market
3
3
2.220446E-016
3
60%
Bad Market
-2
-2
-2
40%
Good Market
0.75
0.75
0.75
0.75
60%
Bad Market
0.75
0.75
0.75
40%
Good Market
1.2
1.2
0.48
1.2
60%
Bad Market
0
0
0

Linear Programming
Optimal Solutions
and
Models Without Unique
Optimal Solutions
Finding the Optimal Point - Review
X2
1000
900
Move the objective function line parallel to itself
until it touches the last point of the feasible region.
800
700
600
500
OPT

Welcome to your Free Trial of our Solvers for Optimization,
Simulation/Risk Analysis, and Data Mining. Here are a few
tips to help you get started:
1. Look for the Add-Ins, Analytic Solver Platform, and XLMiner Platform Tabs on the Ribbon above:
Excel 200

Instructions about installing Analytic Solver Platform
Preparation
1. If you have a Mac, visit and read www.solver.com/using-frontline-solvers-macintosh. To use the software for this
course, youll need to install Windows alongside Mac OSX, and install Exc

Assignment 3 ( Due on Nov 9 )
Problem 1: continuation of Problem 4 in assignment 2
a. Derive sensitivity report using Excel.
b. What is the sensitivity range of the coefficient of Bond 1 in the objective function? What does
this mean? Explain briefly.
c.

Assignment 4 (Due on Nov 23)
Problem 1
The Texas Electronics Company (TEC) is contemplating a research and develop program
encompassing eight major projects. The company is constrained from embarking on all
projects by the number of available scientists,

Assignment 2 (Due on Oct 19)
Problem 1 An LP model can have more than one optimal solution. Is it possible for an LP model to have
exactly two optimal solutions? Why or why not?
Problem 2 Consider the following four LP formulations. Using a graphical appr