MGMT 30600 —— Quiz 5, Fall 2014
Name: Section:
Exhibit 1: The following payoff table shows 3 decision alternatives and 3 states of nature.
Assume the table shows Proﬁts. Use the table to answer qu
MANAGEMENT SCIENCE (MGMT 30600)
Review Problems for Exam 1
Reminders:
- The exam is on Thursday, September 25, from 8:00 9:00 p.m. in WTHR 200 and Class of 50 room
224. Room and seating assignments wi
MGMT 30600 Quiz 3, Fall 2014
Name:
ID:
1. An investor is trying to decide what fraction of her portfolio should be invested in each of three
stocks: stock 1, stock 2, and stock 3. From past data the f
MGMT 30600
Solutions to Review Problems for Exam 1
Multiple Choice
1. b
2. a
3. d A constraint is not binding at a point if the point is not on the constraint
line. (Equivalently, a constraint is not
MGMT 30600 Quiz 4, Fall 2014
Name:
Session: _
Question 1: (8 points) Abracadabra, Inc. plans to purchase three types of products: 1, 2 and
3 from two suppliers: A and B. There is a contract cost of $1
MGMT 30600 Quiz 2, Fall 2014
Name:
ID:
A company manufactures four variants of the same product. In the final stage of the manufacturing
process there are assembly, polishing and packing operations. F
Problem 5.4
Customer data
Des Moines
Newton
Iowa City
Cedar Rapids
Ames
Waterloo
Home
X-coordinate
0
40
108
97
0
67
Y-coordinate Trips per Year
0
62
8
12
5
39
22
36
30
18
62
40
X-coordinate
55.002
Y-c
slack = 4
slack = 3
0
A
2.5
0
2.5
3
5.5
Start
5.5 6.5
0
4.0
0
8.0 9.5
2.5
G 5.0
2.0
7.5
7.0
slack = 0
4.0 6.5
a. The project completion time is 9.5 days.
b. The LFT of C is 8.0 days.
c. The EST of G i
Question 1 (Chapter 9 Exercise 3)
a. The best decision alternative using the optimistic approach: _3
b. The best decision alternative using the conservative approach: _1
c. The best decision alternati
Chapter 1 Question 5
a. Decision variables:
P: the number of acres of peppers raised by Organic Greenhouses;
T: the number of acres of tomatoes raised by Organic Greenhouses.
b. Objective Function:
Ma
MANAGEMENT SCIENCE (MGMT 30600)
Review Problems for Exam 2
Reminders:
The exam is on Thursday, November 6, at 6:30 PM 7:30 PM in PHYS 112 and PHYS
114.
Seating charts will be posted on Blackboard befo
Final Exam Review Handout (MGMT 30600)
Final Exam: Wednesday, December 17th, from 8:00 am to 10:00 am in LAMB F101.
The seating assignment will be posted in Blackboard.
You may bring 3 sheets of "cri
MGMT 30600 Quiz 1, Fall 2014
Name:
ID:
1. Graphical Solution Method:
Consider the following constraints and the corresponding graph below:
Constraint 1:
Constraint 2:
Constraint 3:
2x y 1
x 2y 8
x 3y
Solution to Review Problems for the Final Exam of MGMT 30600
1. (a) C: # of yards of corduroy produced each month
D: # of yards of denim produced each month
Profit per yard of corduroy = 3.85 (7.5) (.