Business functions more likely to use optimization models
Problem: Which business functions are more likely to use optimization models than others and why?
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Problem: During the month of July, Pittsburgh resident Bill Fly must make 4 round-trip flights between Pittsburgh and Chicago. These are the dates of the meetings Bill must attend:
1) To achieve a 10 percent multifactor productivity improvement by reducing materials cost only, by what percentage must these costs be reduced?
For APPLE. Assist in Identifying three relevant and three non-relevant costs and set up a table to present the information and then discuss the information.
An analysis by the Star Model of any of the following corporations: Johnson and Johnson, Waffle House,US Airways, Northrop Grumman, or General Dynamics
Why does competition help motivate improvements (It may seem obvious but think about it and try to come up with the not so obvious reasons).
Problem: How can a firm utilize leveraging to maintain a high level of competition? I need to relate this question to corporate finance.
Use the appropriate Excel computations to identify the strategy that maximizes this tire manufacturer's expected profit. What is the right decision?
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