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MAT 540 STR Is a truly special teacher is very wise and sees tomorrow in every student’s eyes
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MAT 540 STR Redefine the Possible / mat540.com MAT 540 Final Exam (20 Sets) For more course tutorials visit www.mat540.com This Tutorial contains 20 Sets of Final Exam (800 Questions/Answers)
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Midterm Exam (5 Sets) For more course tutorials visit www.mat540.com This Tutorial contains 5 Sets of Midterm Exam MAT 540 Midterm Exam Set 1 Question 1 Deterministic techniques assume that no uncertainty exists in model parameters. Question 2 A joint probability is the probability that two or more events that are mutually exclusive can occur simultaneously. Question 3 A continuous random variable may assume only integer values within a given interval.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 1 Discussion Class Introductions For more course tutorials visit www.mat540.com "Class Introductions" Please respond to the following: • Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 1 Homework Chapter 1 and Chapter 11 (Solutions 100% Correct) For more course tutorials visit www.mat540.com MAT 540 Week 1 Homework Chapter 1 1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $65,000. The variable cost of recapping a tire is $7.5. The company charges$25 to recap a tire. a. For an annual volume of 15, 000 tire, determine the total cost, total revenue, and profit.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 1-10 All Homework For more course tutorials visit www.mat540.com MAT 540 Week 1 Homework Chapter 1 and Chapter 11 MAT 540 Week 2 Homework Chapter 12 MAT 540 Week 3 Homework Chapter 14 MAT 540 Week 4 Homework Chapter 15 MAT 540 Week 6 Homework Chapter 2
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 1-11 All Discussion Question For more course tutorials visit www.mat540.com MAT 540 Week 1 Discussion Class Introductions MAT 540 Week 2 Discussion Expected value of perfect information MAT 540 Week 3 Discussion Simulation MAT 540 Week 4 Discussion Forecasting Methods
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 1-11 All Homework, DQs, Midterm (5 Set) , Final Exam (20 Set) For more course tutorials visit www.mat540.com MAT 540 Midterm Exam (5 Sets) MAT 540 Final Exam (20 Sets) MAT 540 Week 1 Homework Chapter 1 and Chapter 11 MAT 540 Week 2 Homework Chapter 12 MAT 540 Week 3 Homework Chapter 14 MAT 540 Week 4 Homework Chapter 15
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 2 Discussion Expected value of perfect information For more course tutorials visit www.mat540.com In your own words, explain how to obtain the “expected value of perfect information” for any payoff table, which has probabilities associated with each state of nature. Then, provide an example, drawing from any of the payoff tables in Problems 1-17 in the back of Chapter 12. If no probabilities are given for the states of nature, then assume equal likelihood.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 2 Homework Chapter 12 For more course tutorials visit www.mat540.com MAT540 Week 2 Homework Chapter 12 1. A local real estate investor in Orlando is considering three alternative investments; a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of gasoline and the number of tourists; profits from the theater will be relatively stable under any conditions. The following payoff table shows the profit or loss that could result from each investment:
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 3 Discussion Simulation For more course tutorials visit www.mat540.com Select one (1) of the following topics for your primary discussion posting: Identify the part of setting up a simulation in Excel that you find to be the most challenging, and explain why. Identify resources that can help you with that. Explain how simulation is used in the real world.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 3 Homework Chapter 14 For more course tutorials visit www.mat540.com MAT 540 Week 3 Homework Chapter 14 1. The Hoylake Rescue Squad receives an emergency call every 1, 2, 3, 4, 5, or 6 hours, according to the following probability distribution. The squad is on duty 24 hours per day, 7 days per week: Time Between a. Simulate the emergency calls for 3 days (note that this will require a “running” , or cumulative, hourly clock), using the random number table.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 4 Discussion Forecasting Methods For more course tutorials visit www.mat540.com Discuss Forecasting Methods Select one (1) of the following topics for your primary discussion posting: • Identify any challenges you have in setting up a time-series analysis in Excel. Explain what they are and why they are challenging. Identify resources that can help you with that. • Explain how forecasting is used in the real world. Provide a specific example from your
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 4 Homework Chapter 15 For more course tutorials visit www.mat540.com MAT 540 Homework Chapter 15 1. The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customer will buy their carpet from one of Carpet City’s many competitors. The manager has collected the following demand data for the past 8 months: Compute a 3-month moving average forecast for months 4 through 9.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 5 Discussion Reflection For more course tutorials visit www.mat540.com "Reflection to date Please respond to the following: In a paragraph, reflect on what you've learned so far in this course. Identify the most interesting, unexpected, or useful thing you've learned and explain why
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 6 Discussion LP Models For more course tutorials visit www.mat540.com Discuss LP Models Select one (1) of the following topics for your primary discussion posting: • The objective function always includes all of the decision variables, but that is not necessarily true of the constraints. Explain the difference between the objective function and the constraints. Then, explain why a constraint need not refer to all the variables.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 6 Homework Chapter 2 For more course tutorials visit www.mat540.com MAT 540 Week 6 Homework Chapter 2 1. A Cereal Company makes a cereal from several ingredients. Two of the ingredients, oats and rice, provide vitamins A and B. The company wants to know how many ounces of oats and rice it should include in each box of cereal to meet the minimum requirements of 45 milligrams of vitamin A and
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 7 Discussion sensitivity analysis For more course tutorials visit www.mat540.com Discuss sensitivity analysis Select one (1) of the following topics for your primary discussion posting: • Identify any challenges you have in setting up a linear programming problem in Excel, and solving it with Solver. Explain exactly what the challenges are and why they are challenging. Identify resources that can help you with that.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 7 Homework Chapter 3 For more course tutorials visit www.mat540.com MAT 540 Week 7 Homework Chapter 3 1. Southern Sporting Good Company makes basketballs and footballs. Each product is produced from two resources rubber and leather. Each basketball produced results in a profit of $11 and each football earns $15 in profit. The resource requirements for each prod
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 8 Assignment Linear Programming Case Study You are a portfolio manager for the XYZ investment fund For more course tutorials visit www.mat540.com Week 8 Project You are a portfolio manager for the XYZ investment fund. The objective for the fund is to maximize your portfolio returns from the investments on four alternatives. The investments include (1) stocks, (2) real estate, (3) bonds, and (4) certificate of deposit (CD). Your total investment portfolio is $1,000,000.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 8 Discussion Practice setting up linear programming models for business applications For more course tutorials visit www.mat540.com MAT 540 WEEK 8 DISCUSSION Practice setting up linear programming models for business applications Select an even-numbered LP problem from the text, excluding 14, 20, 22, 36 (which are part of your homework assignment). Formulate a linear programming model for the problem you select.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 8 Homework Chapter 4 For more course tutorials visit www.mat540.com 1. Betty Malloy, owner of the Eagle Tavern in Pittsburgh, is preparing for Super Bowl Sunday, and she must determine how much beer to stock. Betty stocks three brands of beer- Yodel, Shotz, and Rainwater. The cost per gallon (to the tavern owner) of each brand is as follows: Brand....................Cost/Gallon Yodel.....................$1.50 Shotz...................... 0.90 Rainwater............... 0.50 The tavern has a budget of $2,000 for beer for Super Bowl Sunday.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 9 Discussion Application of Integer Programming For more course tutorials visit www.mat540.com Week 9 Discussion Explain how the applications of Integer programming differ from those of linear programming. Give specific instances in which you would use an integer programming model rather than an LP model. Provide real-world examples.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 9 Homework Chapter 5 For more course tutorials visit www.mat540.com MAT 540 Week 9 Homework - Chapter 5 1. Rowntown Cab Company has 70 drivers that it must schedule in three 8-hour shifts. However, the demand for cabs in the metropolitan area varies dramatically according to time of the day. The slowest period is between midnight and 4:00 A.M. the dispatcher receives few calls, and the calls that are received have the smallest fares of the day. Very few people are going to the airport at that time of the night
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 10 Discussion Transshipment problems For more course tutorials visit www.mat540.com Discussion assignment and transshipment problems Select one (1) of the following topics for your primary discussion posting: • Explain the assignment model and how it facilitates in solving transportation problems. Determine the benefits to be gained from using this model. • Identify any challenges you have in setting up an transshipment model in Excel, and solving it with Solver. Explain exactly what the challenges are and why they are challenging. Identify resources that can help you with that.
MAT 540 STR Redefine the Possible / mat540.com MAT 540 Week 10 Homework Chapter 6 For more course tutorials visit www.mat540.com MAT 540 Week 10 Homework Chapter 6 1. Consider the following transportation problem: From To (Cost) Supply 1 2 3 A 6 5 5 150 B 11 8 9 85 C 4 10 7 125 Demand 70 100 80 Formulate this problem as a linear programming model and solve it by the using the computer.
