Assignment #3: Case Problem “Julia’s Food Booth” La-Tia Jackson MAT 540 Dr. Albert Yin May 26, 2013 1. Formulate and solve an L.P. model for this case. There are three products or variables in this problem that we must consider for purchase. X1 = number of pizza slices Julia should purchase X2 = number of hotdogs Julia should purchase X3 = number of barbecue sandwiches Julia should purchase. Julia decided to have a food booth in order to make some money. Her goal is to maximize the profit
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1. What is a ‘precautionary culture’, what are ‘rumours’ and how does a precautionary culture encourage rumours to spread? The “precautionary culture” is concerned with new science and technology that involves considerable uncertainties. Precaution is a kind of response to uncertain or ambiguous situation. In turn, precautionary measures rather than to protect against a defined hazard, may have the potential to encourage the creation or seeking out of rumours. They can be easily translated
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Contents Introduction 2 Pre-wedding ceremonies 3 Wedding ceremony 6 Post wedding ceremonies 7 Time orientation 8 Low uncertainty avoidance and high uncertainty avoidance. 8 High and low context culture 9 Masculine or Feminine culture 10 Indian Wedding Introduction In our culture, marriage symbolizes not just the sacred union of two individuals, but of the coming together of two families and extended families as well. Their level of involvement is so profound that typically the family
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Julia’s Food Booth A.Formulate and solve an L.P. model for this case. Decision Variables | X1 | # of Pizzas | X2 | # of Hotdogs | X3 | # of BBQ Sandwiches | Objective Function | | X1 | X2 | X3 | Selling Price | $ 1.50 | $ 1.50 | $ 2.25 | Cost | $ 0.75 | $ 0.45 | $ 0.90 | Profit | $ 0.75 | $ 1.05 | $ 1.35 | Maximize total profit Z=$0.75X1+$1.05X2+$1.35X3 Budget Constraints: $0.75X1+$0.45X2+$0.90X3<=$1,500 Space Constraints:
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Case #3 A&D High Tech (A): Managing Projects for Success: A Negative View 1. What is the estimated project completion date? (Assume there are no holidays and ignore the sunk cost of the planning team’s effort) The estimated project completion date is TUE 11/13/13 with duration of 127 days. After leveling and re-allocating work along the project line, the project got delayed for 3 days so that the completion day moved up to FRI 11/21/13 (total duration of 130 days). (MS Project
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III: Topic 10 The theory of Vacuum Genesis is based on the Uncertainty Principle which states that every atom can appear from the vacuum, but the chance of it is very low. This theory has two options, one state that the entire universe appeared in one moment. The chance that the kind of thing happened is very low but possible. The other option is that many atoms appeared and that they were the base of the Big bang theory. Uncertainty principle, the basis of the vacuum genesis, in quantum mechanics
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www.sciedu.ca/jms Journal of Management and Strategy Vol. 1, No. 1; December 2010 Managing Justly Across Cultures: The Problem of Fairness in International Business Rolf D. Dixon (Corresponding author) Weber State University 3802 University Circle, Ogden, Utah 84408, USA Tel: +1-(801)-626-7542 E-mail: rddixon@weber.edu Cam Caldwell University of Georgia G-2 Brooks Hall, Athens, GA 30602-6256, USA Tel: +1-(318)-446-0129 E-mail: camcaldw@uga.edu Apichai Chatchutimakorn College of Business
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Decision and Risk Analysis for the evaluation of Strategic Options The process of evaluating and selecting options is complicated involving high stakes, a mount of diverse and dispersed data, multiple and conflicting objectives, uncertainty regarding the future and different stakeholders have different views and considerations. Strategy evaluation is a complex social-technical process=>decision and risk analysis is a powerful way to approach it. Understanding the decision situation Tool:
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Introduction As Richard Scott pointed out, not until recently have scholars become concerned with social and cultural environment rather than technical, interdependence in organizational processes; the exchange of goods and services is downplayed. With a broader definition of institutional environment, which includes not merely formal rules, procedures and norms, but also the symbolic systems, cognitive models and moral templates that guide people’s behaviors, the new institutionalism offers a distinctively
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BMJ 2011;342:d1766 doi: 10.1136/bmj.d1766 Research Methods & Reporting Page 1 of 6 RESEARCH METHODS & REPORTING Economic evaluation using decision analytical modelling: design, conduct, analysis, and reporting Evidence relating to healthcare decisions often comes from more than one study. Decision analytical modelling can be used as a basis for economic evaluations in these situations. Stavros Petrou professor of health economics 1, Alastair Gray professor of health economics 2 1 Clinical
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