PROJECT PART 1
1
History of Quantitative AnalysisInfluencers
ITT Technical Institute
PROJECT PART 1
2
History of Quantitative AnalysisInfluencers
Karl Pearson was a leading founder of modern statistics, a key proponent of eugenics and
an influential perso
RETREAD TIRE COMPANY
1
[Title]The Retread Tire Company
BU3315
ITT Technical Institute
THE RETREAD TIRE COMPANY 2
[Title]The Retread Tire Company:
The Retread Tire Company recaps tires. The fixed annual cost of the recapping
operation is $60,000. The varia
Module 4
1. A gambler in Las Vegas is cutting a deck of cards for $1,000. What is the
probability that the card for the gambler will be the following?
We know that a deck of cards consists of 52 cards in total.
a. A face card
There are 52 cards in total a
x1
Given Grap
x2
30
50
A.) Z = 30x1 + 50x2
B.) Here we have two different points, A and B. Point A a
show a single constraint:
Maximize Z = 30x1 + 50x2
Subject to one single constraint
7x1 + 6x2 <= 420
single constraint = 7x1 + 6x2 = 420
Which was found b
BU3315
Wilman Palacios
07/30/15
3.1.2
Module/submodel: Integer & Mixed Integer Programming
Problem title: (untitled)
Maximum number of iterations: 1000
Maximum level (depth) in procedure: 50
Objective: Maximize
Results -Solution value
Variable
Pin
Necklac
BU3315
Wilman Palacios
07/03/15
1.1
The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is
$60,000.The variable cost of recapping attire is $9. The company charges $25 to recap.
The total cost for the recapping operatio
BU3315
Wilman Palacios
08/10/15
5.1
1. The owner of the Burger Doodle Restaurant is considering two ways to expand operations: open
a drive-up window or serve breakfast. The increase in profits resulting from these proposed
expansions depends on whether a
BU3315
Wilman Palacios
08/07/15
4.1
1. A gambler in Las Vegas is cutting a deck of cards for $1,000. What is the probability that
The card for the gambler will be the following?
a. A face card = P/A = 12 face cards in deck / 52 cards total = 23%
b. A quee
BU3315 Quantitative Analysis Study Guide
DlSCUSSION 2.1 (2.0 HOURS)
Title: Linear Programming Modeling
The manager of a Burger Doodle franchise wants to determine how many sausage biscuits and ham
biscuits to prepare each morning for breakfast customers.