Sunday, 31 May 2015

MAT 540 Assignment 1 Investment Portfolio

ASSIGNMENT 1. LINEAR PROGRAMMING CASE STUDY (PROVIDED BELOW)
>>>>>> Your instructor will assign a linear programming project for this assignment according to the following specifications.
>>>>>> It will be a problem with at least three (3) constraints and at least two (2) decision variables. The problem will be bounded and feasible. It will also have a single optimum solution (in other words, it won’t have alternate optimal solutions). The problem will also include a component that involves sensitivity analysis and the use of the shadow price.
>>>>>> You will be turning in two (2) deliverables, a short writeup of the project and the spreadsheet showing your work.
>>>>>> WRITEUP.
>>>>>> Your writeup should introduce your solution to the project by describing the problem. Correctly identify what type of problem this is. For example, you should note if the problem is a maximization or minimization problem, as well as identify the resources that constrain the solution. Identify each variable and explain the criteria involved in setting up the model. This should be encapsulated in one (1) or two (2) succinct paragraphs.
>>>>>> After the introductory paragraph, write out the L.P. model for the problem. Include the objective function and all constraints, including any non-negativity constraints. Then, you should present the optimal solution, based on your work in Excel. Explain what the results mean.
>>>>>> Finally, write a paragraph addressing the part of the problem pertaining to sensitivity analysis and shadow price.
>>>>>> Excel.
>>>>>> As previously noted, please set up your problem in Excel and find the solution using Solver. Clearly label the cells in your spreadsheet. You will turn in the entire spreadsheet, showing the setup of the model, and the result
>>>>>> Investment_portfolio_project_template.xlsx file is attached to work on the case study

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Friday, 29 May 2015

MAT 540 Week 8 Discussion

PPractice 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.

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Sunday, 24 May 2015

HRM 560 Assignment 3

Read the Ajax Minerals exercise and the Problems at Perrier case study in
> Chapter 6 of the Palmer textbook.
>
> Write a six to eight (6-8) page paper in which you:
>
>    1. Identify two (2) sources of resistance to change in the Ajax Minerals
>    exercise and describe how the organization dealt with each type of
>    resistance.
>    2. Identify two (2) sources of resistance to change in the Perrier case
>    study and describe how the organization dealt with each type of
> resistance.
>    3. Compare and contrast how management diagnosed and approached change
>    at the two (2) companies and indicate which company dealt with
> resistance
>    to change in a more effective manner. Justify the reasoning.
>    4. Consider a situation as a consultant with Ajax Management. Propose
>    two (2) adjustments that should be made to improve its change strategy
> and
>    provide a justification as to why those adjustments would improve the
>    effectiveness of the strategy.
>    5. Consider a situation as a consultant with Perrier. Propose at least
>    two (2) adjustments that should be made to improve its change strategy
> and
>    provide a justification as to why those adjustments would increase the
>    effectiveness of the strategy.
>    6. Use at least three (3) quality academic resources in this assignment.

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Friday, 22 May 2015

MAT 540 Week 7 Homework

MAT540Week 7 HomeworkChapter 31. Southern Sporting Good Company makes basketballs and footballs. Each product is produced from two resources rubber and leather. The resource requirements for each product and the total resources available are as follows:Resource Requirements per UnitProductRubber (lb.)Leather (ft2)Basketball34Football25Total resources available500 lb.800 ft2a. State the optimal solution.b. What would be the effect on the optimal solution if the profit for a basketball changed from $12 to $13? What would be the effect if the profit for a football changed from $16 to $15?c. What would be the effect on the optimal solution if 500 additional pounds of rubber could be obtained? What would be the effect if 500 additional square feet of leather could be obtained?2. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processed on two assembly lines, where the required production times are as follows:Hours/ UnitProductLine 1Line2A124B48Total Hours6040a. Formulate a linear programming model to determine the optimal product mix that will maximize profit.b. Transform this model into standard form.3. Solve problem 2 using the computer.a. State the optimal solution.b. What would be the effect on the optimal solution if the production time on line 1 was reduced to

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Wednesday, 20 May 2015

MAT 540 Week 7 Discussion Sensitivity Analysis

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.

Explain what the shadow price means in a maximization problem. Explain what this tells us from a management perspective.

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Thursday, 14 May 2015

MAT540 Week 6 Homework Chapter 2

MAT540Week 6 HomeworkChapter 21. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 available hours. Product 1 requires 10 hours of processing time on line 1 and product 2 requires 14 hours of processing on line 1. , On line 2, product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, and the profit for product 2 is $4 per unit.a. Formulate a linear programming model for this problem.b. Solve the model by using graphical analysis.2. The Pinewood Furniture Company produces chairs and tables from two resources – labor and wood. The company has 80 hours of labor and 36 board-ft. of wood available each day. Demand for chairs is limited to 6 per day. Each chair requires 8 hours of labor and 2 board-ft. of wood, whereas a table requires 10 hours of labor and 6 board-ft. of wood. The profit derived from each chair is $400 and from each table, $100. The company wants to determine the number of chairs and tables to produce each day in order to maximize profit. Formulate a linear programming model for this problem.a. Formulate a linear programming model for this problem.b. Solve the model by using graphical analysis.3. In Problem 2, how much labor and wood will be unused if the optimal numbers of chairs and tables are produced?4. The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units and one gram of ingredient 2 contributes 1 unit of antibiotic 1; the drug requires 6 units. At least 4 units of antibiotic 2 are required and the ingredients contribute 1 unit each per gram. At least 12 units of antibiotic 3 are required; a gram of ingredient 1 contributes 2 units, and a gram of ingredient 2 contributes 6 units. The cost for a gram of ingredient 1 is $80, and the cost for a gram of ingredient 2 is $50. The company wants to formulate a linear programming model to determine the number of grams of each ingredient that must go into the drug in order to meet the antibiotic requirements at the minimum cost.a. Formulate a linear programming model for this problem.b. Solve the model by using graphical analysis.5. A clothier makes coats and slacks. The two resources required are wool cloth and labor. The clothier has 150 square yards of wool and 200 hours of labor available. Each coat requires 3 square yards of wool and 10 hours of labor, whereas each pair of slacks requires 5 square yards of wool and 4 hours of labor. The profit for a coat is $50, and the profit for slacks is $40. The clothier wants to determine the number of coats and pairs of slacks to make so that profit will be maximized.a. Formulate a linear programming model for this problem.b. Solve the model by using graphical analysis.6. Solve the following linear programming model graphically:Maximize Z = 5x1 + 8x2Subject to4x1 + 5x2 ≤ 502x1 + 4x2 ≤ 40x1 ≤ 8x2 ≤ 8x1, x2 ≥ 0

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Monday, 11 May 2015

ACC 557 Assignment 1: You Are an Entreprenuer

Assignment 1: You Are an Entrepreneur!
Due Week 6 and worth 280 points

Student life does not generally afford a great deal of free time to pursue your personal interests; however, at one point, you may have considered turning a personal interest or hobby into an official enterprise. Today, you have finally decided to turn that hobby into a business but have realized that you need start-up capital from a lender or investor.

To obtain funding, you need to convince a lender / investor that your business is more than a hobby. You need to demonstrate that you have a firm grasp of your business, the accounting practices that impact your business, the controls needed to safeguard assets, and which accounting system will produce accurate and relevant financial information.

Write a six to eight (6-8) page business plan in which you:
  1. Describe the type of business you have created including:
    1. The product or service, and general staffing plan. Provide a rationale for your plan.
    2. The form of your business and the benefits it offers your particular business,
    3. A chart of accounts specific to your business, including a rationale as to the selection of each account. (Note: The chart of accounts is a blueprint of your business for the lender/investor. It should report the expected resources that you will consume in your business (assets), the sources of those resources (liabilities and equity), the sources of revenue, and expenditures that you expect to incur to earn those revenues. You may build a detailed chart that includes business units, divisions, product lines, etc.)
  2. Based on the form of your business, analyze whether or not you will be required to use Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) accounting methods and how the IFRS / GAAP convergence will impact your business. Suggest how you will incorporate any changes into your books and records. (Note: You need to demonstrate to the lender/investor that you have recognized possible changes to GAAP that may impact the accounting and reporting of your accounting events.)
  3. Prepare a pro forma balance sheet and income statement providing the assumptions made and support the valuations assigned.
  4. Considering the value of assets (assigned per your balance sheet) used within your business, recommend two (2) specific internal controls that you will implement to protect your company’s assets and resources, justifying how each will provide assurances to management. (NOTE:  Safeguarding assets and protecting personal data are paramount to ensuring the viability of a business.  Demonstrate to the lender/investor that your assets will be safeguarded and customer information (if applicable) will be protected.)
  5. Based on the internal control recommendations that you made, suggest how you will implement each within your business environment, indicating how challenges or resistances will be overcome. 
  6. Evaluate the impact of the regulatory environment, including the Sarbanes-Oxley Act and other regulatory requirements, on your business venture, giving considering to how you intend to comply with the requirements and the general impact to decision making within your business

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Friday, 8 May 2015

JWMI 531 Assignment 1

What’s It Worth?

Competitive advantage of Coca-Cola Company Competitive advantage includes features within and outside the company that creates a higher perceived value of the company (Michman & Mazze, 1998). An appropriate example of a company that has had long term sustainable a competitive advantage is the Coca-Cola Company. There are certain features of the company that has facilitated its growth and enhanced its wide scope of market command within the non-alcoholic beverage industry. 

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Tuesday, 5 May 2015

MAT 540 Week 6 Discussion LP Models

Week 6 Discussion

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.
Pick any constraint from any problem in the text, and explain how to plot the line that corresponds to that constraint.

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Friday, 1 May 2015

HRM 560 Assignment 2

Use the organization where you currently work or one where you may have worked as a point of reference for evaluating environmental and organizational pressures.Write a four to six (4-6) page paper in which you:
  1. Create a table where at least three (3) organizational pressures and at least three (3) environmental pressures in the organization are illustrated and rank those pressures according to their influence.
  2. Describe in detail the environmental and organizational pressures that exist in the organization and how they have evolved over time.
  3. Explain how the identified environmental and organizational pressures impact the company from a financial perspective.
  4. Explain how the identified environmental and organizational pressures impact you personally  and / or the other employees of the company.
  5. Assess how the organization has reacted to the organizational and environmental pressures identified in Criterion 1.
  6. Propose at least one (1) strategy that could be utilized to reduce one (1) of the environmental pressures identified in Criterion 1 and at least one (1) strategy that could be utilized to reduce one (1) of the organizational pressures identified in Criterion 1.
  7. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.

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