1. What is the difference between a deterministic variable versus a probabilistic variable?;2. What makes one model deterministic and another model probabilistic? Give examples.;3. Identify and discuss the steps in the decision modeling process. Give examples.;4. How do we use the information about machine capacity in Part A of Sample Problem 1-29?;5. What would the revenues be for part A and B in Problem 1-29? How did you calculate it?;6. What would the profits be for each machine in part C in Problem 1-29? How did you calculate it?;module 2;Please use one of the following discussion questions to discuss. please try not to repeat question that another student may have already discussed.;unless, off course, all questions have been discussed.;1);In reference to sample problem 2-23, explain how the constraint equation P ? 5I <= 0 was derived from the statement;?It has been agreed that the number of print media ads will be no more than five times the number of Internet bursts.;2);In reference to sample problem 2-23, explain one of the Excel equations in column D.;3);In reference to the sample problem 2-23, go to the Data tab and select one of the Solver parameters and explain how Solver uses it in solving the problem.;4);What is an unbounded solution and under what conditions is it possible?;5);Explain the fact that a linear programming problem can have an infinite number of solutions.;6);What are the assumptions of a linear programming model?;7);Discuss an assumption of a linear programming model and how the assumption would be violated.;8);Identify four special situations that can be encountered in a linear programming problem.;9);Discuss one of the four special circumstances that can be encountered in a linear programming problem. Give an example.
Paper#31833 | Written in 18-Jul-2015Price : $19