[pic] |Quantitative Methods – MAT 540 | |Student Course Guide | |Prerequisite: MAT 300 | |INSTRUCTIONAL MATERIAL – Required
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Addition of Matrices Denote the sum of two matrices A and B (of the same dimensions) by C = A + B.. The sum is defined by adding entries with the same indices [pic] over all i and j. Example: [pic] Subtraction of Matrices Subtraction is performed in analogous way. Example: [pic] Scalar multiplication To multiply a matrix with a real number, we multiply each element with this number. Example: [pic] Multiplication of a row vector by a column vector This multiplication is only possible
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Iowa Elevators Case 1. What would be your analysis of the current situation from purchasing & inventory perspectives? As far as analyzing the current situation of the corporate spend, it would probably be best to start by looking at the categories that have the most expenses. In this case, the top three spend categories include farm supplies, transportation services, and MRO & construction. These three categories account for almost $600,000 of the $728,000 of the total annual spending
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Nova Southeastern University Wayne Huizenga Graduate School of Business & Entrepreneurship Assignment for Course: (OPS 5095 - Service Operations Management (Day) Submitted to: (Professor Thomas E Griffin) Submitted by: (Stevenson Saby, Kristopher Thomas, Echo Dong, & Momoco Xie) (ss3304@nova.edu) (Cell 561-386-0597) Date of Submission: August 6, 2014 Title of Assignment: CASE STUDY SUNSET GRILL CERTIFICATION OF AUTHORSHIP:
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WEEK 10, Discussion Question 1: “Transshipment Problems” Can we apply transshipment models to inventory applications? Why or why not? Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Can we apply transshipment models to inventory applications? Why or why not? Yes, transshipment models can be applied to inventory applications. This will ensure lower costs through proper management and disbursement of the inventory while providing
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A MULTI-STAKEHOLDER INDUSTRIAL PROJECTS SELECTION: AN ANALYTIC HIERARCHY PROCESS AND ZERO-ONE-GOAL PROGRAMMING APPROACH Salah R. Agha School of Industrial Engineering, Faculty of Engineering, Islamic University-Gaza, Gaza Strip, Phone: 970-599-746-533, aghasr@yahoo.com ABSTRACT This study uses Analytic Hierarchy Process (AHP) and Zero-One Goal Programming(ZOGP) to select the most favorable industrial projects from the viewpoints of three stakeholders, namely, govern mental, consultants and
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OPERATIONS MANAGEMENT 1. Write a linear programming model that represents the diet problem of NM Co. Explain parameters, variables, constraints and objective function 5 Products : A, B, C, D, E A : corn B : milk C : bread D : French fries E : ice cream Parameters : the quantities of each vitamins and of calories provided by 100 grams of each type of food (see table 1) the price of 100 grams of each type of food (see table 1) the diet requirements for one person (see table 2) Variables : xa : the
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UNIVERSITY OF VIENNA Faculty of Business, Economics and Statistics Department of Business Administration 040661 KFK PM/SCM/TL: Seminar B (E) WS /2014 Stochastic Vehicle Routing Problem with Restocking Professor : O.Univ.Prof.Dr. Richard Hartl Vienna,2014 Student: Shkodran Ahmeti 0851254 Table of contents Table of contents List of figures 1.Introduction 1.2. Problem Presentation 2. Stochastic Vehicle Routing Problem With Optimal Restocking 3. Single Vehicle Routing Problem 4. Multiple
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4. Introduction to Operation Management - Slideshare www.slideshare.net/ot.chandy/introduction-to-operation-management * * Nov 27, 2009 - Manufacturing and Service is difficult to distinguish ... Therefore, operation management should not see as manufacturing vs. service BUT as ...Remember: materials do notthink or act for themselves while customers can and do. ...To get deeper understand of business present & future trends & challenges 5. Operations Management in Manufacturing
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Deterministic Optimization Homework 1 Deadline : 27 Sept 2015 Problem 1 (40 Points). A wine Company produces two kinds of wine Nectar and Red. The wines are produced from 64 tons of grapes the company has acquired this season. A 1,000-gallon batch of Nectar requires 4 tons of grapes, and a batch of Red requires 8 tons. However, production is limited by the availability of only 50 cubic yards of storage space for aging and 120 hours of processing time. A batch of each type of wine requires
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