...Date? NO (Date Submitted: 19/03/2012) Words Limit Observed? No CONTENT PAGE Chapter 1. BACKGROUND The Case Summary 3 Methodology 3 Limitations 4 Chapter 2. ANALYSIS OF CASE 2.1. Setting up the model 5 2.2. Solution from Management Scientist 6 Interpretation and Explanation of Solution 6 Range of Optimality 6 Range of Feasibility 7 Shadow Price 8 Reduce Cost 8 Chapter 3. ANALYSIS OF ALTERNATIVES 3.1. Option 1: Purchasing only one type of truck 9 3.2. Option 2: Purchasing the same number of pickup trucks as moving vans 10 3.3. Option 3: Purchasing the minimum total number of trucks 11 Chapter 4. RECOMMENDATION AND CONCLUSION 4.1. Recommendation 12 4.2. Conclusion 12 REFERENCE 13 BACKGROUND The Case Summary Moving company Bay City Movers submit to its investors, a business plan for investing to the company to make total trucking capacity at least 36 tons. Company is at the stage to replace its entire fleet. The fleet consists of 1 ton pickup and 2.5 ton van type trucks, which are manned by 1 and 4 workers respectively. The cost of pickup truck is $24,000 and the cost of van is $60,000. Bay City Movers employs 48 workers and has facilities for 40 trucks in total. Company does not want to increase number of employees and trcking facilities but wishes to make minimum investment to get al least 36 tons of trucking capacity. The following Table 1 summarizes the above mentioned limitations of existing resources...
Words: 2069 - Pages: 9
...provide list of hardware or software directly from the web. Be sure to thoroughly research and make appropriate recommendation based on your studies of various hardware/software. In addition, a diagram for each list item is recommend, illustrating precisely your recommendations for the provided case study. All information presented in your proposal MUST have in-text citations and a work cited section for the references used in your proposals. EVERYTHING SUBMITTED SHOULD DIRECTLY RELATE TO THE PRESENTED CASE STUDY AND NO COPYRIGHT MATERIAL! The recommended order to accomplish this proposal is as follows: Week 2 • LAN and WAN requirements – explain the LAN and WAN infrastructure of the doctor’s office network • Wiring – type of wire, length, cost, outside contractor, etc • Network Diagrams – current network infrastructure and proposed network • Network Hardware – routers, switches, racks, PC, etc. This is initial compiled list • Connectivity LAN-to-LAN – How each LAN is connected to other LANs • Network Services – DNS, DHCP, WINS, VPN, etc. All Microsoft network services. • Replications – Active Directory Replication, DNS Replication, etc. • Section 1 of business case Provide a breakdown of all hardware, software and communication equipment needed for the...
Words: 1078 - Pages: 5
...University MAT 540 Dr. Negash Begashaw March 2, 2015 In the case study regarding Julia’s food booth a solution needs to be determined as to if investing in a booth to sell food during Tech football games is a sound investment. Julia is considering leasing a booth to sell food outside of Tech stadium at home football games to generate revenue in order to finance her final year at the school. After all of her expenses are paid Julia wants to bring in a profit of $ 1,000 per game. If she can accomplish this then she feels that it will be worth the money to invest in a booth. The fixed cost associated with leasing the booth would include $1,000 per game for booth rental and $600 to lease a warming oven for the six home football games. Julia’s has $1,500 available cash, which she will use to purchase and prepare the food for the first game. For the remaining home games she plans on using funds generated from the previous game to purchase her ingredients. In order to help Julia determine if she should lease a booth a linear programming model should be formulated and solved. The first step in setting up the model is to determine the variables. The variables for this case include: x1 =Pizza, x2 = Hotdogs, and x3= BBQ sandwiches. These variables are the three food choices Julia wishes to sell at her booth. Julia’s objective function in this case is to maximize profit (maximize Z). Julia’s objective function in this case equates to Maximize Z = .75x1 + 1.05x2 + 1.35x3 =0. Within...
Words: 1055 - Pages: 5
...Rusty Rims IT Decision Paper Assignment Before you begin this assignment, be sure you have read the “Rusty Rims Wheels Case Study,” any feedback on your proposed IT project from your ITSP Part 2 assignment, and the previously assigned chapters in the textbook. Purpose of this Assignment This assignment gives you the opportunity to apply the course concepts to develop an IT Decision Paper to explain and defend an IT project at Rusty Rims Distribution Company (RR). This assignment specifically addresses the following course outcomes to enable you to: Apply best practices in information technology management and governance to make, defend, and justify an IT decision. IT Decision Paper for Your Proposed IT Project For your ITSP, Part 2, you proposed an IT project for RR. Carol, the CIO at RR, has asked you to write an IT Decision Paper to explain your proposed project. She wants to use the Paper to gain approval from the Governance Board to move forward with the project. This assignment uses a format for a Decision Paper that has been tailored to the course material covered in this class. You may work for an organization that has a format for IT decision papers, and it would be a good idea for you to take a look at it, but it will likely be structured a little differently from this one. Each organization develops tools and techniques that will work for them. Assignment You will develop an IT Decision Paper, using the outline below. Each of the topics to be...
Words: 3201 - Pages: 13
...Overdraft Dutch-Bangla Bank offers a wide range of corporate banking services. They include: Project finance The Bank encourages accepting purpose/project specific development funds on competitive terms towards economic upliftment and well being of the people/country by way of setting up a new stand alone, capital intensive project or for BMRE of an existing project. Working Capital finance The bank considers lending short –term working capital finance to entities engaged in manufacturing, assembling, processing, re-packaging of goods and commodities for domestic consumption or export market. However, unsecured loans (not collateralized) for working capital without justification or purpose is not considered. Syndications & Structured finance The Bank, on case to case basis, arranges loan syndications or approves disclosed participations in syndications provided such transactions meet the parameters separately established.oThe bank will at all times maintain at the minimum a pari-passu status to other banks in all lending relationships. Second mortgages or lower are not be accepted as primary collateral. Trade finance DBBL prefers Trade Financing in the form of short-term (up to 12 months), self liquidating or cash flow supported well collateralized trade transactions*Work Order financeoThe Bank will consider financing construction contractors (work order finance). However all such transactions must meet the guidelines.oBank asks for assignment of bills receivables...
Words: 1472 - Pages: 6
...Programming Sensitivity Analysis 4 SOLUTIONS TO DISCUSSION QUESTIONS AND PROBLEMS 4-1. In most real world situations that are modeled using LP, conditions are dynamic and changing. Hence, input data such as resource availabilities, prices, and costs used in the LP model are estimated, rather than known with certainty. In such environments, sensitivity analysis can be used to identify the ranges of values of these input data for which the current LP solution remains optimal. This is done without solving the problem again each time we need to examine a change in an input data’s value. When all model values are deterministic, that is, known with certainty, sensitivity analysis may not be needed from the perspective of evaluating data accuracy. This may be the case in a portfolio selection model in which we select from among a series of bonds whose returns and cash-in values are set for long periods of time. 4-2. Sensitivity analysis is important in all decision modeling techniques. For example, it is important in breakeven analysis to test the model’s sensitivity to selling price, fixed cost, and variable cost. Likewise, it is important in inventory models in which we tests the result’s sensitivity to changes in demand, lead time, costs, and so on. 4-3. A change in a resource’s availability (right-hand-side) changes the size of a feasible region. An increase means more units of that resource are available, causing the feasible region to increase in size. A decrease means fewer units...
Words: 4969 - Pages: 20
...Abstract This analytical report presents the research findings that will guide the development of a comprehensive food purchase, preparation, and cost sharing procedures for the full-time force of fire fighters. The problem raised in the case study is the need to develop a plan for how the fire fighters will prepare meals, purchase food, and share food costs, as it is the first time for the city council to transition to a force of full-time, paid fire fighters who will serve the small town of Pickering, Ohio. Based on the findings of the research, it was held that a healthy diet is very important for fire fighters because they are constantly exposed to stress and life-threatening conditions. Among the alternative solutions listed in the report, it was the option of hiring an in-house chef and kitchen staff (at least two members) who will be tasked to purchase the right food products and prepare all meals (breakfast, lunch, and dinner) for the fire fighters will help save costs on the meal budget for the entire team. Analytical Report: Food Purchase, Preparation, and Cost Sharing for the Ohio Fire Fighters Introduction Similar to the role of the military, the country’s line up of public safety professionals known as the fire fighters, serve the country with integrity, honor, and commitment. In fact, the fire fighters of the country may be considered as modern-day heroes who continuously...
Words: 2280 - Pages: 10
...20 SOLUTIONS TO DISCUSSION QUESTIONS AND PROBLEMS 4-1. In most real world situations that are modeled using LP, conditions are dynamic and changing. Hence, input data such as resource availabilities, prices, and costs used in the LP model are estimated, rather than known with certainty. In such environments, sensitivity analysis can be used to identify the ranges of values of these input data for which the current LP solution remains optimal. This is done without solving the problem again each time we need to examine a change in an input data’s value. When all model values are deterministic, that is, known with certainty, sensitivity analysis may not be needed from the perspective of evaluating data accuracy. This may be the case in a portfolio selection model in which we select from among a series of bonds whose returns and cash-in values are set for long periods of time. 4-2. Sensitivity analysis is important in all decision modeling techniques. For example, it is important in breakeven analysis to test the model’s sensitivity to selling price, fixed cost, and variable cost. Likewise, it is important in inventory models in which we tests the result’s sensitivity to changes in demand, lead time, costs, and so on. 4-3. A change in a resource’s availability (right-hand-side) changes the size of a feasible region. An increase means more units of that resource are available, causing the feasible region to increase in size. A decrease means fewer units are available...
Words: 4969 - Pages: 20
...CASE STUDY I: A real estate company owns 800 acres of undeveloped land on a scenic lake in the heart of the Aravalli mountains. In the past, little or no regulation was applied to new developments around the lake. The lake shores are now dotted with vacation homes and hotels. Because the lack of sewage service, septic tanks are in extensive use, most of which are not properly constructed. Seepage from the tanks has resulted in a severe water pollution problem. To curb the degradation in the quality of water, the municipal authorities have approved stringent ordinances applicable to future developments. The new regulations are: • Only single, double and triple family homes can be constructed, with single family homes accounting for at least 50% of the total. • To limit the number of septic tanks, minimum lot sizes of 2, 3 and 4 acres are required for single, double and triple family homes respectively. • Recreation areas of 1 acre each must be established at the rate of 1 area per 200 families. • To preserve the ecology of the lake, underground water may not be pumped for house or garden use. The company is studying the possibility of developing the 800 acres it owns. The new development will include single, double and triple family homes. It is estimated that 15% of the acreage will be used up as utilities and streets. The company estimates the returns from the different housing units as: Housing unit Single family Double...
Words: 1566 - Pages: 7
...StudyMode - Premium and Free Essays, Term Papers & Book Notes Browse Sign Up Sign In Home > Business & Economy > Organizations > case of CEMEX case of CEMEX 1. What benefits have CEMEX and the other global competitors in cement derived from globalization? Globalization has given many benefits to CEMEX and its competitors. First of all, it reduced the tariffs of product exportation by acquiring local plants and facilities instead. By doing so, these cement companies could control the localized quarries, which give them the proximity to the raw material needed for cement production. No need to ship the goods across the border, therefore no tariffs on the delivery. On the other hand, as they acquired the local plants and built distribution terminals, these companies have gained a competitive advantage of transportation cost. If they choose to export, the cost of transportation may cost them a fortune, as the cement need to be shipped in special means. Thus, they will lose their competitiveness in price otherwise the margin. Last but not least, due to the process of globalization, CEMEX and its competitors could well spread their risks. If one market is not performing well, they could depend on the other ones. So, assuming there isn’t a world-wide recession, the revenues of theirs will be more stable because of diversification. 2. How specifically has CEMEX managed to outperform its leading global competitors (e.g., Holderbank) in the cement industry...
Words: 773 - Pages: 4
...Case Analysis Report: 1. Case Overview Acme Corp won a new contract and assigned Wiley Coyote as the PMP. Timing was critical to the project - Acme estimated that delayed completion would cost the company at least $100 a month. Coyote’s first job was to select an engineering contractor. Out of eight bids, Coyote decided to negotiate with only the lowest bidder. The contractor’s PM, Ima Roadrunner, which has been selected was unknown to Coyote. Coyote reviewed the proposal. The duration would be approximately six months, 2000 hours at $120/hour, all workers being the same pay grade and working full time, with a profit margin of 12.5%. Roadrunner provided Coyote with its engineering pay structure and the project spending curve (exhibits 1 and 2), which also showed the payment plan from Acme to the contractor. Initially Coyote proposed a fixed-price contract with penalty for late delivery but, given a reduction of profit margin to 10%, Coyote agreed to a fixed-price contract with incentive for completing the project under budget. For progress reporting, Roadrunner had no experience with earned value but promised a monthly report showing BCWS, BCWP, and ACWP. After one month Roadrunner reported BCWS $42k for 350 hours, BCWP $48k for 400 hours, and ACWP $34k for 400 hours (exhibit 3). Coyote believed these numbers indicated a project running under budget and ahead of schedule. However, after the fifth month Roadrunner reported the project would be...
Words: 1818 - Pages: 8
...PRESTIGE TELEPHONE COMPANY . Assignment The purpose of this case is to give you an opportunity to exercise your CVP analysis skills in a mixed non-profit/profit service context. As the controller of Prestige Telephone Company, you have been asked for an analyses of the 1997 first-quarter operating results for Prestige Data Services (a fully-owned subsidiary) and possible alternative courses of action to improve performance of Prestige Data in the future. Write a memo to Mr. Rowe (President, Prestige Telephone Company) and Ms. Bradley (Manager, Prestige Data Services) summarizing your analysis and recommending a course of action for Prestige Data Services. Mr. Rowe is considering four different course of action to improve the performance of Prestige Data Services. Discuss each of the options and the outcome you would predict from choosing that option. In addition to these four options, also discuss (1) the change in operating income you would expect for Prestige Telephone Company if Prestige Data Services was shut down, and (2) the number of hours Prestige Data Services needs to sell to outsiders to break even (as noted in guidance question #3 below). You will need to make some assumptions to proceed with your estimates --- you must describe and justify those assumptions. You must include well-labeled exhibits that support your assumptions, analyses and conclusion. Finally, suggest changes to the reports provided to Mr. Rowe for decision-making. The following...
Words: 984 - Pages: 4
...MANAGEMENT FORUM CASE: GS-4 DATE: 8/10/99 (REV’D 8/01/06) HEWLETT-PACKARD COMPANY: NETWORK PRINTER DESIGN FOR UNIVERSALITY INTRODUCTION Sarah Donohoe, manufacturing engineering manager of the network laser printer division at Hewlett-Packard Company (HP), listened intently to her colleagues at the project review meeting for the development of their latest new product. With Sarah at the meeting were Jane Schushinski, marketing manager, Leo Linbeck, head of product design, and David Hooper, the controller of the division. The main topic for this meeting was the decision of whether or not to use a universal power supply for the next generation of network laser printer, code-named Rainbow. Previously, printers in the North American and the European market have distinct power supplies and the associated fusers in the main engine of the printer. For North American printers, a 110 volt power supply was installed. For European printers, a 220 volt power supply was added. This printer engine was built by HP’s manufacturing partner in Japan. Due to the long lead time for engine manufacturing, HP had to specify the requirements of the two types of printers at least fourteen weeks ahead. The time that it takes the Japanese partner to commit the printers for shipments, the transportation times and customs clearance totals about four weeks. Hence, if a universal power supply is used, then HP would have the flexibility of postponing the specification of the printer engine by at least two months...
Words: 4431 - Pages: 18
...Mgt 151 Case 5 Romano’s Take-Out, Inc. Group 5 Jaira Baril April Elomina Leni Mancilla Joan Mariquilla Amiel Parducho Mitzi Punzalan Justine Willauer Ma’am Aquino Mgt 151 C Dec. 2, 2015 I. Point of View As stated in the case, Angelina Cello was assigned by Romano Martino (owner) to have the authority to decide what the company should do in this case. II. Market Situation Analysis A. SWOT 1. Opportunities a. High Demand in Flint b. The plant business is very profitable because large numbers of pizzas can be delivered at the same time to the same location, saving transportation costs, and plant orders involve different toppings (double, cheese, pepperoni, mushrooms, and hamburger) on each pizza. This leads in $11 to $14 revenue per pizza. The delivery drivers receives tips $1 to $2 per pizza. c. No other pizza delivery stores are in good positions to serve most plant locations and/or have chosen to compete. 2. Threats a. Has several aggressive competitors who advertise heavily, distribute cent-off coupons, and offer 2-for1-deals b. Competitive pressure seems likely to continue as some of this competition comes from aggressive national chains that are fighting for market share and squeezing little firms like RT’s. c. If RT’s won’t be able to satisfy all phone or fax orders on some peak days, she won’t be able to provide service and may lose more plant customers. d. Some...
Words: 1478 - Pages: 6
...ricing Analysis of the Impact of High Oil Prices on the Global Economy International Energy Agency May 2004 IEA/(2004) SUMMARY Oil prices still matter to the health of the world economy. Higher oil prices since 1999 – partly the result of OPEC supply-management policies – contributed to the global economic downturn in 2000-2001 and are dampening the current cyclical upturn: world GDP growth may have been at least half a percentage point higher in the last two or three years had prices remained at mid-2001 levels. Fears of OPEC supply cuts, political tensions in Venezuela and tight stocks have driven up international crude oil and product prices even further in recent weeks. By March 2004, crude prices were well over $10 per barrel higher than three years before. Current market conditions are more unstable than normal, in part because of geopolitical uncertainties and because tight product markets – notably for gasoline in the United States – are reinforcing upward pressures on crude prices. Higher prices are contributing to stubbornly high levels of unemployment and exacerbating budget-deficit problems in many OECD and other oil-importing countries. The vulnerability of oil-importing countries to higher oil prices varies markedly depending on the degree to which they are net importers and the oil intensity of their economies. According to the results of a quantitative exercise carried out by the IEA in collaboration with the OECD Economics Department...
Words: 6052 - Pages: 25
