...Analysis and Business Decision Making Session – IV Chapter 11: Linear Programming Chapter 12: Transportation, Transshipment, and Assignment Problems Chapter 13: Decision Analysis Faculty Pankaj Dutta Chapter – 11 Linear Programming LPP solution through Excel Solver: The Steps in Implementing an LP Model in a Spreadsheet: 1. 2. 3. 4. Organize the data for the model on the spreadsheet. Reserve separate cells in the spreadsheet for each decision variable in the model. Create a formula in a cell in the spreadsheet that corresponds to the objective function. For each constraint, create a formula in a separate cell in the spreadsheet that corresponds to the left-hand side (LHS) of the constraint. PANKAJ DUTTA IMTCDL Chapter – 11 Linear Programming LPP solution through Excel Solver: Max Z = 350X1 + 300X2 Subject To 1X1 + 1X2 ≤ 200 9X1 + 6X2 ≤ 1566 12X1+16X2 ≤ 2880 X1 , X 2 ≥ 0 1. Organize the data for the model on the spreadsheet. PANKAJ DUTTA IMTCDL Chapter – 11 Linear Programming LPP solution through Excel Solver: Max Z = 350X1 + 300X2 Subject To 1X1 + 1X2 ≤ 200 9X1 + 6X2 ≤ 1566 12X1+16X2 ≤ 2880 X1 , X 2 ≥ 0 1. Organize the data for the model on the spreadsheet. Changing cells Target cell PANKAJ DUTTA IMTCDL Constraint cells Chapter – 11 Linear Programming Max Z = 350X1 + 300X2 Subject To 1X1 + 1X2 ≤ 200 9X1 + 6X2 ≤ 1566 12X1+16X2 ≤ 2880 X1 , X 2 ≥ 0 LPP solution through Excel Solver: 1. Organize...
Words: 798 - Pages: 4
...following areas: 1. Advance Schooling 2. Special Assignments 3. Promotion (AR 600-8-19) 4. Reclassification B. Be prepared to discuss how and what the Soldier has to do to apply for the following: 1. Army Service School (AR 614-200, Chapter 4) 2. Voluntary Reclassification (AR 614-200, Chapter 3) 3. Exchange Assignments (AR 614-200, paragraph 5-8) 4. Assignments of Married Army Couples (AR 614-200, paragraph 5-16) 5. Airborne Training (AR 614-200, paragraph 5-3) 6. Ranger Training (AR 614-200, paragraph 5-4) 7. Special Forces (AR 614-200, paragraph 5-5) 8. Intelligence Career Program (AR 614-200, paragraph 6-3) 9. Explosive Ordnance Program (AR 614-200, paragraph 6-4) 10. Homebase and Advance Assignment Program (AR 614-200, chapter 9) 11. Army Bandsman Career Program (AR 614-200, chapter 6-6) 12. Technical Escort Training (AR 614-200, paragraph 6-5) 13. Presidential Support Activities (AR 614-200, chapter 8 Section I) 14. Drill Sergeant Program (AR 614-200, paragraph 8-13) 15. Instructor Duties at Army Schools (AR 614-200, paragraph 6-7) 16. Assignment to MAAG (AR 614-200, paragraphs 9-6 and 9-8) 17. Assignments to MEPS (AR 614-200, paragraph 8-9) 18. Selection and Assignment to 1SG Position (AR 614-200, paragraph 8-18) 19. USA Recruiting Command (AR 614-200, paragraph 8-26/ AR 601-1 in Extracts) 20. Career Counselor (AR 601-280, Appendix B) 21. INSCOM (AR 614-200, paragraph 9-6) 22. USAISC (AR 614-200, paragraph 9-6) 23. WOFT (Course Handouts...
Words: 647 - Pages: 3
... TABLE OF CONTENTS List of Tables 4 List of Figures 5 1 Introduction 6 1.1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.2 Problem Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.3 Research Objective . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.4 Research Scope . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.5 Chapter Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 2 Background 2.1 7 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Experimental Program 7 7 3.1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 3.2 Experimental Methodology . . . . . . . . . . . . . . . . . . . . . . . 7 3.3 Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 3.3.1 Tan 200 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 3.3.2 White 200 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 3.4 Specimen Preparation . . . . . . . . . . . . . . . . . . . . . . . . . . 8 3.5 Test Devices and Equipment . . . . . . . . . . . . . . . . . . . . . . 8 3.6 Test Procedure . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 3.6.1 Liquid Limits Test . . . . . . . . . . . . . . . . . . . . . . . . 8 3.6.2 Plastic Limits...
Words: 2672 - Pages: 11
...All Modules 1- 8 Assignment (2014) BUS 340 Module 1 Assignment Problems: Chapters 1, 2, and 4 Details: Using the Module 1 readings, course website links, the GCU Library, the Internet, and/or other sources of literature as needed, complete the following problems: Chapter 1 – Online Research: Common Law Chapter 2 – Problems and Problem Cases: Problem 6 Chapter 4 – Problems and Problem Cases: Problems 4 and 7 Responses should not typically exceed 200 words for each problem and should contain citations from relevant sources if applicable. Complete the problems for each chapter first by stating the question(s) you are addressing, then by stating your responses. All problems and answers should be turned in on the same page/document. Prepare this assignment according to the APA guidelines found in the GCU APA Style Guide, located in the Student Success Center. An abstract is not required. BUS 340 Module 2 Assignment Problems: Chapters 5 and 6 Details: Using the Module 2 readings, course website links, the GCU Library, the Internet, and/or other sources of literature as needed, complete the following problems: Chapter 5 – Problems and Problem Cases: Problem 13 Chapter 6 – Problems and Problem Cases: Problem 11 Responses should not typically exceed 200 words for each problem and should contain citations from relevant sources if applicable. Complete the problems for each chapter first by stating the question(s) you are addressing, then by stating your...
Words: 1087 - Pages: 5
...Chapter 3 Accrual Accounting and the Financial Statements Questions 1. Under accrual accounting, the accountant recognizes the impact of a business transaction on an entity when the transaction occurs, whether or not cash is received or paid. Revenues are recognized when they are earned, and expenses are recognized when they are incurred—not necessarily when the cash changes hands. The cash basis of accounting recognizes revenues only when cash is received and expenses only when cash is paid. 2. The revenue principle provides guidance on (a) when to record revenue. (b) the amount of revenue to record. 3. The matching principle directs the accounting for expenses. Accountants identify all the expenses incurred during the period, measure those expenses, and match them against the revenue earned during the period. Matching expenses against revenues means to subtract the expenses from the revenues to compute net income or net loss for the period. Chapter 3 Accrual Accounting and the Financial Statements 153 4. Five categories of adjusting entries, with examples, are: a. Prepaid expenses — prepaid rent, prepaid insurance, and supplies b. Amortization — amortization of buildings, furniture, and equipment c. Accrued expenses — accrued salary expense and accrued interest expense d. Accrued revenues — accrued service revenue and accrued interest revenue e. Unearned revenues — unearned service revenue and unearned subscription revenue 5. Yes, all adjusting entries affect...
Words: 12546 - Pages: 51
...All Modules 1- 8 Assignment (2014) BUS 340 Module 1 Assignment Problems: Chapters 1, 2, and 4 Details: Using the Module 1 readings, course website links, the GCU Library, the Internet, and/or other sources of literature as needed, complete the following problems: Chapter 1 – Online Research: Common Law Chapter 2 – Problems and Problem Cases: Problem 6 Chapter 4 – Problems and Problem Cases: Problems 4 and 7 Responses should not typically exceed 200 words for each problem and should contain citations from relevant sources if applicable. Complete the problems for each chapter first by stating the question(s) you are addressing, then by stating your responses. All problems and answers should be turned in on the same page/document. Prepare this assignment according to the APA guidelines found in the GCU APA Style Guide, located in the Student Success Center. An abstract is not required. BUS 340 Module 2 Assignment Problems: Chapters 5 and 6 Details: Using the Module 2 readings, course website links, the GCU Library, the Internet, and/or other sources of literature as needed, complete the following problems: Chapter 5 – Problems and Problem Cases: Problem 13 Chapter 6 – Problems and Problem Cases: Problem 11 Responses should not typically exceed 200 words for each problem and should contain citations from relevant sources if applicable. Complete the problems for each chapter first by stating the question(s) you are addressing, then by stating your...
Words: 1086 - Pages: 5
...ACCA Paper F3 (INT) Financial accounting The Essential Text British library cataloguinginpublication data A catalogue record for this book is available from the British Library. Published by: Kaplan Publishing UK Unit 2 The Business Centre Molly Millars Lane Wokingham Berkshire RG41 2QZ ISBN 978 1 84710 537 0 © Kaplan Financial Limited, 2008 Printed and bound in Great Britain Acknowledgements We are grateful to the Association of Chartered Certified Accountants and the Chartered Institute of Management Accountants for permission to reproduce past examination questions. The answers have been prepared by Kaplan Publishing. All rights reserved. No part of this publication may be reproduced,stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Kaplan Publishing. ii KAPLAN PUBLISHING Contents Page Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14 Chapter 15 Chapter 16 Chapter 17 Chapter 18 Chapter 19 Chapter 20 Introduction to accounting Statement of financial position and income statement Double entry bookkeeping Inventory Sales tax Accruals and prepayments Irrecoverable debts and allowances for receivables Noncurrent assets From trial balance to financial statements Books of prime entry and control accounts...
Words: 17300 - Pages: 70
...Chapter 7 MerChandising Corporation assessment Questions as-1 ( 1 ) What is a merchandising business? A merchandising business can be defined as any business that buys and sells product for the ______________________________________________________________________________ purpose of making a profit. ______________________________________________________________________________ ______________________________________________________________________________ as-2 ( 1 ) What do common shares in a corporation represent? Common shares represent money invested directly in a company by its owners, who received ______________________________________________________________________________ shares of the company in return. ______________________________________________________________________________ ______________________________________________________________________________ as-3 ( 2 ) What does retained earnings in a corporation represent? Retained earnings represents all the profits that the business has retained (i.e. not paid to the ______________________________________________________________________________ owners). ______________________________________________________________________________ ______________________________________________________________________________ as-4 ( 3 ) In a perpetual inventory system, how often are inventory levels updated? A perpetual inventory system updates inventory levels after every purchase and sale. ______________________________________________________________________________...
Words: 4549 - Pages: 19
...CHAPTER 11 MONEY, INTEREST, AND INCOME Chapter Outline • The Goods Market and the IS Curve • Investment and the Interest Rate • The Slope of the IS Curve • The Role of the Multiplier • The Position of the IS Curve • A Summary of the IS Curve • The Money Market and the LM Curve • The Demand for Money • The Supply of Money, Money Market Equilibrium and the LM Curve • The Slope of the LM Curve • Shifts in the LM Curve • A Summary of the LM Curve • Equilibrium in the Goods and Money Markets • Changes in the Equilibrium Income and Interest Rate: A First Look at Policy • Deriving the Aggregate Demand Curve • Working With Data Changes from the Previous Edition One of the major problems with this chapter in the previous editions is that the material was presented in a manner that made it sound like it would be difficult, which is not true. Therefore, the long introduction has been shortened, the confusing diagram (former Figure 12-2) has been removed, and the extra part concerning outline of the chapter has been removed. The derivation of the IS curve section has been rewritten at the beginning. Box 11-1 and Box 11-2 and 11-3 are new The LM curve section has been rewritten to make it more clear, and the relevant diagrams are now side by side, which makes much more sense. The last section of the chapter is rewritten to show the comparative statics of shifts in IS and LM; this serves as a good introduction to Chapter 12. Learning...
Words: 8863 - Pages: 36
...ECON545 Quiz 2 Guidelines Recall that Keller courses are built around Terminal Course Objectives (TCOs). At the conclusion of the course, you will even be asked to rate the extent to which the TCOs have been covered. There are 9 TCOs specified for GM545. Review the TCOs by clicking on Course Syllabus at the top of the course home page, and then clicking on the Terminal Course Objectives link. Also, please note that the TCO(s) to be covered during any given week are specified in the Objective section for that course week. Quiz 2 addresses material covered in Weeks 4 and 5 of the course. The TCOs at issue are: Course Objective Description E Given an introduction to key macroeconomic variables, distinguish between real and nominal output variables, between various inflation measures, and demonstrate the derivation of the unemployment rate; assess the sensitivity of strategic policy decisions based on these measures to the quality of available statistical data. F Given increasing interdependencies between trading nations and the analogy of foreign currency as a commodity, analyze the effects of demand and supply pressures on exchange rates; students must demonstrate an understanding of trade barriers in general, as well as the effectiveness of institutional entities (e.g., GATT, NAFTA, and EU). You will note that the problems that have been assigned from the book focus on these TCOs. The problems address the basics while Discussions topics focus on applications...
Words: 1054 - Pages: 5
...CHAPTER 17 Process Costing Overview This chapter explains how process-costing systems determine the cost of products or services. In the simplest case, a process has no beginning or ending work-in-process inventory. Considerable complexity is added when a process has both beginning and ending work-in-process inventory; this case necessitates selecting an inventory costflow method. The chapter illustrates two of these methods: the weighted-average method and the first-in, first-out (FIFO) method. Many detailed exhibits are included in the chapter because process costing is highly procedural. The chapter also explains how operation-costing systems determine the cost of products. The Appendix to the chapter describes the standard-costing method of process costing. Case 1 Case 2 Case 3 Beginning Inventory No No Yes Ending Inventory No Yes Yes 3. Case 1 is simple because there is no workin-process inventory in the Assembly Department. That is, all units of SG-40 are started and completed during the accounting period. The unit cost of the 400 units of SG-40 in this case is computed as follows: Direct material costs $32,000 ÷ 400 Conversion costs $24,000 ÷ 400 Cost per unit $ 80 60 $140 Highlights 1. In a process-costing system, the unit cost of a product (or service) is obtained by assigning total costs to many identical or similar units of output. A process-costing system separates costs into cost categories according...
Words: 6319 - Pages: 26
...Chapter 8: Profit Maximization and Competitive Supply CHAPTER 8 PROFIT MAXIMIZATION AND COMPETITIVE SUPPLY TEACHING NOTES This chapter begins by explaining what we mean by a competitive market and why it makes sense to assume that firms try to maximize profit. The chapter then covers the choice of optimal output in the short run, thereby revealing the underlying structure of short-run supply curves, the choice of output in the long run and long-run competitive equilibrium. Along the way, the concepts of producer surplus and economic rent are introduced, and the chapter ends with development of the long-run industry supply curve. Section 8.1 identifies the three basic assumptions of perfect competition and section 8.2 discusses the assumption of profit maximization as the goal of the firm. Students often find some of these assumptions to be unrealistic and/or very restrictive, so it is important to acknowledge that the world is more complex, but remind them that our goal is prediction. Although the world does not work quite as simply as the model of perfect competition suggests, the model predicts quite well even when some of the assumptions hold loosely at best. To put perfect competition in perspective, it can be helpful to give a brief overview of monopoly, oligopoly, and monopolistic competition before or after presenting the assumptions of perfect competition. Restrict this discussion to identifying the number of firms in the industry, product differentiation...
Words: 8601 - Pages: 35
...Problem Set#1 Answers University Of Phoenix Chapter 1 No.10 a) Nominal – closing stock prizes given for the most researched stocks on March 3, 2008 in Forbes TMA $4.32 UTX $69.40 DBD $38.84 b) Ordinal - (Data taken from Forbes March 3, 2008) List of US cities in order as best places to get ahead are Stafford County, outside Washington, D.C., Forsyth County, outside of Atlanta; or Delaware County, outside Columbus, Ohio c) Interval - Temperature forecasted for Mechanicsville, VA at different hours from Richmond Dispatch Newspaper At 8.pm 60F, At 9.00PM 59F, At 10.00PM 57Ffr d) Ratio Level – Stock market data for IBM with variations from Forbes, March 3, 2008 Stock prize is $114. Change is +.37 with .32% No.16 a. Quantitative variables are selling price, No of bedrooms, and distance from the centre of the city. Township is qualitative b. Selling price –ratio No of bedrooms – Ordinal Township – Nominal Distance from the center of city - Ratio Chapter 2 No.26 a) 2k > no of observations 26 = 48 > 45 We recommend 6 classes b) Class interval ≥ (H – L)/K (570 – 41)/6 = 88. 16 We are selecting...
Words: 1227 - Pages: 5
...p.m. in KRAN G9 Exam Review Sessions: Friday, February 10 from 6-7 p.m. in WTHR 200 and Monday, March 26 from 6-7 p.m. in WTHR 200 Administrative Assistant: Bree Miller KRAN 443 496-7964 (9 a.m. – 1 p.m. M-Th) bree2@purdue.edu Course Web Site(s): blackboard.purdue.edu (for accessing grades and course information or postings) www.pearsonmylabandmastering.com (for e-text, online homework, study guide) Course Overview: Econ 251 is intended to introduce you to microeconomic theory and its application in everyday life. The course will explain how individual consumers and producers together determine the prices and quantities of goods available in the marketplace. We will investigate the underlying incentives of consumers to buy goods and of firms to produce products that satisfy consumer demand. In addition, we'll look at how government can help or hinder market efficiency. The textbook for the course is Microeconomics for Economics 251, published by Pearson Custom Publishing (ISBN: 1256128546). The publisher has created an online resource site for this class, Pearson MyLab, which you will use for completing several homework assignments. An e-text is available with the online site as well. All homework will be submitted and graded online. Estimated Course Schedule: Date Topic January 10 & 12 Chapter 1: What Is Economics? Chapter 2: The Economic Problem January 17 & 19 Chapter 3: Demand and Supply January 24 & 26...
Words: 1729 - Pages: 7
...Electronic Commerce, 7th Edition 14188-37032 Chapter 10 Solutions Review Questions 1. In about 200 words, explain why Web sites use cookies. In your answer, discuss the reasons that cookies were first devised and explain where cookies are stored. You can use the links in the Online Companion to help with your research. Answer: Responses will vary, but should include references to shopping carts. Since cookies contain text data, they can help with the statelessness of the Internet. 2. In about 100 words, describe steganography and explain its connection to the topic of online security. You can use the links in the Online Companion to help with your research. Answer: Responses will vary, but should mention that this involves hiding information within another piece of information. 3. In about 200 words, explain the differences between public-key encryption and private-key encryption. List advantages and disadvantages of each encryption method. Explain which method you would use for e-mail sent from a field sales office to corporate headquarters. Assume that the e-mail regularly includes highly confidential information about upcoming sales opportunities. Answer: Responses will vary but should mention that public-key encryption, encodes messages by using two mathematically related numeric keys. Private-key encryption, encodes a message with one of several available algorithms that use a single numeric key, such as 456839420783, to...
Words: 1430 - Pages: 6
