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MAT 540 Final Exam (20 Sets)

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This Tutorial contains 20 Sets of Final Exam (800 Questions/Answers)

MAT 540 Midterm Exam (5 Sets)

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This Tutorial contains 5 Sets of Midterm Exam

MAT 540 Midterm Exam Set 1

Question 1 Deterministic techniques assume that no uncertainty exists in model parameters.

MAT 540 Week 1 Discussion Class Introductions

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Class Introductions" Please respond to the following:

• Please introduce yourself, including your educational and career goals, as well as some personal information about yourself. In your introduction, please draw from your own experience (or use a search engine) to give an example of how probability is used in your chosen profession. If you get your information from an online or other resource, be sure to cite the source of the information

MAT 540 Week 1 Homework Chapter 1 and Chapter 11 (Solutions 100% Correct)

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" MAT 540 Week 1 Homework Chapter 1

1. The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is

\$65,000. The variable cost of recapping

MAT 540 Week 1-10 All Homework

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MAT 540 Week 1 Homework Chapter 1 and Chapter 11

MAT 540 Week 2 Homework Chapter 12

MAT 540 Week 3 Homework Chapter 14

MAT 540 Week 1-11 All Discussion Question

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MAT 540 Week 1 Discussion Class Introductions

MAT 540 Week 2 Discussion Expected value of perfect information

MAT 540 Week 3 Discussion Simulation

MAT 540 Week 1-11 All Homework, DQs, Midterm (5 Set) , Final Exam (20 Set)

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MAT 540 Midterm Exam (5 Sets)

MAT 540 Final Exam (20 Sets)

MAT 540 Week 1 Homework Chapter 1 and Chapter 11

MAT 540 Week 2 Discussion Expected value of perfect information

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In your own words, explain how to obtain the “expected value of perfect information” for any payoff table, which has probabilities associated with each state of nature. Then, provide an example, drawing from any of the payoff tables in Problems 1-17 in the back of Chapter 12. If no probabilities are given for the states of nature, then assume equal likelihood.

MAT 540 Week 2 Homework Chapter 12

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MAT540

Week 2 Homework

Chapter 12

1. A local real estate investor

MAT 540 Week 2 Quiz 1 (3 Sets)

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MAT 540 Week 2 Quiz 1 Set 1 QUESTIONS

Question 1: Parameters are known, constant values that are usually coefficients of variables in equations.

Question 2: If variable costs increase, but price and fixed costs are held constant, the break even point will decrease.

MAT 540 Week 3 Discussion Simulation

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Select one (1) of the following topics for your primary discussion posting:

MAT 540 Week 3 Homework Chapter 14

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MAT 540 Week 3 Homework Chapter 14

1. The Hoylake Rescue Squad receives an emergency call every 1, 2, 3, 4, 5, or 6 hours, according to

the following probability distribution. The squad is on duty 24 hours per day, 7 days per week:

Time Between

MAT 540 Week 3 Quiz 2 (Two Sets)

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MAT 540 Week 3 Quiz 2 Set 1 QUESTIONS

Question 1 If two events are not mutually exclusive, then P(A or B) = P(A) + P(B)

Question 2 Probability trees are used only to compute conditional probabilities.

Question 3 Seventy two percent of all observations fall within 1 standard deviation of the mean if the data is normally distributed.

MAT 540 Week 4 Discussion Forecasting Methods

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Discuss Forecasting Methods

Select one (1) of the following topics for your primary discussion posting:

• Identify any challenges you have in setting up a time-series analysis in Excel. Explain what they are and why they are challenging. Identify resources that can help you with that.

MAT 540 Week 4 Homework Chapter 15

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MAT 540 Homework Chapter 15

1. The manager of the Carpet City outlet needs to make an accurate forecast of the demand for Soft Shag carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customer will buy their carpet from one of Carpet City’s many competitors. The manager has collected the following demand data for the past 8 months: Compute a 3-month moving average forecast for months 4 through 9.

MAT 540 Week 5 Discussion Reflection

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"Reflection to date Please respond to the following: In a paragraph, reflect on what you've learned so far in this course. Identify the most interesting, unexpected, or useful thing you've learned and explain why.n its meaning.

MAT 540 Week 6 Discussion LP Models

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Discuss LP Models

Select one (1) of the following topics for your primary discussion posting:

· The objective function always includes all of the decision variables, but that is not necessarily true of the constraints. Explain the difference between the objective function and the constraints. Then, explain why a constraint need not refer to all the variables.

MAT 540 Week 6 Homework Chapter 2

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MAT 540 Week 6 Homework Chapter 2

1. A Cereal Company makes a cereal from several ingredients. Two of the ingredients, oats and rice,

provide vitamins A and B. The company wants to know how many ounces of oats and rice it should

include in each box of cereal to meet the minimum requirements of 45 milligrams of vitamin A

MAT 540 Week 7 Discussion sensitivity analysis

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Discuss sensitivity analysis

Select one (1) of the following topics for your primary discussion posting:

• Identify any challenges you have in setting up a linear programming problem in Excel, and solving it with Solver. Explain exactly what the challenges are and why they are challenging. Identify resources that can help you with that.

MAT 540 Week 7 Homework Chapter 3

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MAT 540 Week 7 Homework Chapter 3

1. Southern Sporting Good Company makes basketballs and footballs. Each product is produced from

two resources rubber and leather. Each basketball produced results in a profit of \$11 and each

football earns \$15 in profit. The resource requirements for each product and the total resources

available are as follows:

MAT 540 Week 7 Quiz 3 (Three Sets)

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MAT 540 Week 7 Quiz 3 Set 1 QUESTIONS

Question 1: Graphical solutions to linear programming problems have an infinite number of possible objective function lines.

Question 2: The following inequality represents a resource constraint for a maximization problem:

MAT 540 Week 8 Assignment Linear Programming Case Study You are a portfolio manager for the XYZ investment fund

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Week 8 Project

You are a portfolio manager for the XYZ investment fund. The objective for the fund is to maximize your portfolio returns from the investments on four alternatives. The investments include (1) stocks, (2) real estate, (3) bonds, and (4) certificate of deposit (CD). Your total investment portfolio is \$1,000,000.

MAT 540 Week 8 Discussion Practice setting up linear programming models for business applications

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MAT 540 WEEK 8 DISCUSSION

Practice setting up linear programming models for business applications

Select an even-numbered LP problem from the text, excluding 14, 20, 22, 36 (which are part of your homework assignment). Formulate a linear programming model for the problem you select.

MAT 540 Week 8 Homework Chapter 4

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. Betty Malloy, owner of the Eagle Tavern in Pittsburgh, is preparing for Super Bowl Sunday, and she must determine how much beer to stock. Betty stocks three brands of beer- Yodel, Shotz, and Rainwater. The cost per gallon (to the tavern owner) of each brand is as follows:

Brand....................Cost/Gallon

Yodel.....................\$1.50

Shotz...................... 0.90

Rainwater............... 0.50

MAT 540 Week 9 Discussion Application of Integer Programming

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Week 9 Discussion

Explain how the applications of Integer programming differ from those of linear programming. Give specific instances in which you would use an integer programming model rather than an LP model. Provide real-world examples.

MAT 540 Week 9 Homework Chapter 5

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MAT 540 Week 9 Homework - Chapter 5

1. Rowntown Cab Company has 70 drivers that it must schedule in three 8-hour shifts. However, the demand for cabs in the metropolitan area varies dramatically according to time of the day. The slowest period is between midnight and 4:00 A.M. the dispatcher receives few calls, and the calls that are received have the smallest fares of the day. Very few people are going to the airport at that time of the night or taking other long distance trips. It is estimated that a driver will

MAT 540 Week 9 Quiz 4 Set (Three Sets)

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MAT 540 Week 9 Quiz 4 Set 1 QUESTIONS

Question 1: When using a linear programming model to solve the "diet" problem, the objective is generally to maximize profit.

Question 2: In a balanced transportation model, supply equals demand such that all constraints can be treated as equalities.

MAT 540 Week 10 Discussion Transshipment problems

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Discussion assignment and transshipment problems

Select one (1) of the following topics for your primary discussion posting:

• Explain the assignment model and how it facilitates in solving transportation problems. Determine the benefits to be gained from using this model.

• Identify any challenges you have in setting

MAT 540 Week 10 Homework Chapter 6

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MAT 540 Week 10 Homework Chapter 6

1. Consider the following transportation problem:

From To (Cost) Supply 1 2 3 A 6 5 5 150 B 11 8 9 85 C 4 10 7 125 Demand 70 100 80

Formulate this problem

MAT 540 Week 10 Quiz 5 (Three Sets)

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MAT 540 Week 10 Quiz 5 Set 1 QUESTIONS

Question 1: Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem.