espondence concerning this article should be addressed xxxxxx, care of Western Governors University. E-mail: xxxxx@wgu.edu QAT1 Task 2: Competency 309.3.1-03, 11, 12 Determine the equations for each of the three constraints. Nutrient C : 4x + 4y ≤ 30 Flavor A : 12x + 6y ≤ 72 Color : 6x + 15y ≤ 90 Identify each constraint as Minimum or Maximum. Nutrient C constraint is a Maximum Flavor A constraint is a Maximum Color is a Maximum Determine the total contribution to profit that
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Daniel Blodgett Many people look to others who are considered successful and merely classify them as lucky. The individuals who discredit successful people as only lucky do not understand the true meaning of luck and how controllable it can be for anyone. It is safe to say that just about everyone has heard of Oprah Winfrey as well as her fame and fortune. Ms. Winfrey once said, ”Luck is a matter of preparation meeting opportunity.” The most powerful woman in the world with her own television
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A) a) Color Additive is constrained to a maximum of 90 units per each production period. 6x + 15y is less than or equal to 90. The constraint equation is y=6-0.4x. This is a maximum constraint. b) Flavor Additive is constrained to a maximum of 72 units per each production period. 12x + 6y is less than or equal to 72. The constraint equation is y=6-0.5x. This is a maximum constraint. c) Nutrient C is constrained to a maximum of 30 units per production period. 4x + 4y is less than or equal to
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Company A: Demand (D) = 400,000 units per year Q = sqrt((2*400,000*42)/42) = 238000 = 894.43 Ordering Costs (Co) = $42 per order Per Unit Cost of inventory =500 Holding cost rate = 3% Holding cost(Ch) = $500(.03) = $15.00 Q = 894 To find the order size for Company A in the scenario above that would minimize total annual cost I chose to use the economic order quantity formula. The numbers for demand, ordering cost, holding cost and unit cost were given in the scenario. With this I
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Expected Value of The Developing Theory To solve the expected Value you will multiply probablilty times the payoff DEVELOP THOROUGHLY Good~ 500000*.50= 250000 Expected Value of The Developing Theory Moderate~ 25000*.037=9250 Expected Value of The Developing Theory Poor~ 1000*.13=130 Expected Value of The Developing Theory DEVELOP RAPIDLY Good~ 500000*0.86=430000 Expected Value
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QAT1 Task 5 Revised Task A. Develop New Product 1.) Develop Thoroughly= $210,200 2.) Develop Rapidly= $55,700 Consolidate Existing Product 3.) Strengthen Products= $64,900 4.) Reap Without Investing= $6,400 Task B. The decision alternative is to develop new products thoroughly, or decision alternative 1, with the expected value (EV) of $210, 200. 1. Decision alternative 1 has the highest expected value ($210,200) of all four branches, thus making it the most favorable decision. To
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A1 a-d A1a A1b A1c A1d Trial Random # Materials Cost Per Unit Trial Random # Labor Cost Per Unit Trial Random # Utilities Cost Per Unit Total Cost Per Unit 1 74 $38.00 1 2 $22.00 1 5 $3.00 $63.00 2 57 $38.00 2 77 $28.00 2 42 $4.00 $70.00 3 67 $38.00 3 15 $22.00 3 65 $6.00 $66.00 4 41 $35.00 4 31 $24.00 4 75 $6.00 $65.00 5 28 $35.00 5 44 $24.00 5 65 $6.00 $65.00 6
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Quantitative Analysis for Business (QAT1) Submitted 05/05/2015 Assignment 309.3.3-04 Version LMF5-28 Student: Richard McClanahan Student ID: 000343792 TASK #5 Answer Task 5A Calculate the expected value for EACH of the four decision branches. 1. Develop Thoroughly: GOOD) $500,000 (0.45) = $225,000 MOD.) $25,000 (0.10) = $2,500 POOR) $1,000 (0.45) = $450 TOTAL EXPECTED VALUE: $227,950 2. Develop Rapidly: GOOD)
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EST 1-320.2.3-08 Lisa Jeffries 000238303 Code of Ethics In the outline below, I have listed some of the company’s codes of ethics. The company has the obligation to enforce the code of ethics, procedures, training, and to set up meetings for the employees and employer to discuss better ways of serving clients and providing a safer environment for employees. Mission statement: To be the leading systems, services and solutions provider in the world by exceeding customers' expectations
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Company A PERT/CPM Analysis | | | | | Task Detail Table 1.1 | | | | | | | | | | | | Task | Preceding Activity | Optimistic Time to Complete (weeks) | Probable Time to Complete (weeks) | Pessimistic Time to Complete (weeks) | Expected Time to Complete (weeks) | Variance (weeks) | START | | | | | | | A | START | 2 | 3 | 4 | 3 | 0.11 | B | START | 5 | 6 | 13 | 7 | 1.78 | C | A | 3 | 4 | 8 | 4.5 | 0.69 | D |
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