Homework: DATA MODELING AND DECISION MAKING
Read the end-of-chapter application case "HP Applies Management Science Modeling to Optimize Its Supply Chain and Wins a Major Award" at the end of Chapter 10 in the textbook, and answer the following questions.
a) Describe the problem that a large company, such as HP, might face in offering many product lines and options.
b) Why is there a possible conflict between marketing and operations?
c) Summarize your understanding of the models and the algorithms used in this case.
d) What benefits did HP derive from implementation of these models?
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.