Stateline Shipping and Transport Company School of Business MAT 540 This paper was presented in submission for MAT 540 assignment four (Part 1 Only). Abstract This paper serves as a written response to the instructions and questions asked in assignment four. Assignment four instructed the writer to read the case problem Stateline Shipping and Transport Company from pages 273-274 in the text, Introduction to Management Science by Bernard W. Taylor. The assignment then directed the writer
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Megapop Inventory Model Assumptions: Lead time is constant Multi-period model Demand follows normal distribution (follow the histogram in excel sheet) Model with lost sale and discounted quantities Parameters: Q: order quantity Qo: optimal order quantity D: Annual demand H: holding cost per item per year Co: order cost C: cost per item n: number of orders per year r: order point ps : shortage cost p : lost profit per unit shortage B(r) : expected shortage L: lead time μ: average
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way or the other, guided me to have a better understanding of the project and for their support to complete the project on time. Introduction: Decision making is an essential part of the management process. It involves a philosophy of problem solving in a logical manner using a scientific approach. One of the application of Management science/Decision science is the mathematical formulation of Transportation Problems. Transportation Problem: This type of problem is generally concerned with the
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Inventory Management Systems Strayer University CIS 210 Systems Analysis and Development Abstract My sister owns a small clothing store. During dinner she mentioned her frustrations with having to manually track and reorder high demand items. She would like a small automated system but has a very small budget. I will be setting up a system for my sister that is tablet based. I will be using an inventory management system that runs on the apple iPad. Inventory management technology is a
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How Did the Treblinka Inmates Escape? 2 August 1943 Treblinka was a Nazi extermination camp that was part of Operation Reinhard –the code name given to the Nazi plan to murder Polish Jews. Treblinka was located 90 kilometres northeast of the city Warsaw and operated from July 1942 to October 1943. It was divided into Camp 1 and Camp 2. In the first camp, the victims were sent to the gas chambers and in the second camp their bodies were burned. Many of the victims, mainly Jews, came from the Warsaw
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Q1. a. Torencia Products assembles two models, busterStop and Speed Luster, using the electronic components A and B. * The decision variables: unit quantities of each model to manufacture * Objective function maximize profits = $24BusterStop + $40SpeedLuster LaserStop Unit number to assemble LaserStop models. SpeedBuster Unit number to assemble SpeedBuster models . $24 the profit per unit of LaserStop model. $40 the profit per unit of SpeedBuster model. * Constraints:
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Yara Shqwara OLC 401 Mr. 9, April/2016 Leaders throughout history gained power and leadership in several ways. As we have examined Napoleon from Animal Farm, and Adolf Hitler through the movie The Rise of Evil, we can observe the similarities between them in the way they have expanded their power and leadership. Napoleon and Adolf Hitler first started with small crowds in order to deliver their message of how to make their society a better place. As Napoleon used to speak at the farmhouse
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Executive Summary: The algorithmic dealer simulation is a simulation that places us in the shoes of a dealer trading in a pure dealer market. The objective is to create strategies that encourage and strengthen order flow. To do this we are asked to create trading strategies that cover a wide array of unique trading circumstances. Our goal is to provide strategies that maximize our average utility through all 60 problems. To design our strategies we took a broad approach and assigned each of
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Under what conditions should you consider implementing a honeypot? A honey pot is a live server with intentional vulnerabilities built in and connected to an organization’s network (Hallbery, 2014). It may be protected with a firewall although the organization may want the attackers to have some access or there may be some monitoring capability done carefully so that the monitoring is not evident to the attacker. A honeypot has pretty much no special features but several reasons for implementation
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years of collectivisation, assessing collectivisation’s impact on the economy of the Soviet Union and the people, as a stronger economy would greatly improve the livelihood of the masses. Ultimately this investigation assesses the wisdom of Stalin’s decision to partake in collectivisation. This analysis does not assess Stalin’s abilities as a leader, the Ukrainian ‘holodomor’, or the industrialisation process in the Soviet Union. A number of sources were used in this analysis, and two of them are evaluated
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