1556 Words May 18th, 2015 7 Pages
BSOP 209 Final Exam 100% Correct Answers
2. (TCO 9) What is the objective function of LP?
3. (TCO 11 & 12) What are two of the steps in a simplex maximization problem?
4. (TCO 10) What will happen if the right-hand side of a constraint is changed?
5. (TCO 15 & 16) What are three of the basic steps that both PERT and CPM follow?
6. (TCO 16) What is a “dummy activity?”
7. (TCO 3, 4, & 5) What is the formula for linear regression? Define each part.
8. (TCO 1) What are the four qualitative forecasting approaches that are available to us?
9. (TCO
The four processes, labeled A, B, C, and D use different technology and have different capacities. All the processes have the same level of production and the lifetime.
The four states of nature represent four levels of consumer acceptance of the firm’s products. Values in the table are net present value of future profits in millions of dollars.
Forecasts indicate that there is a 0.4 probability of acceptance level 1, 0.3 chance of acceptance level 2, 0.6 chance of acceptance level 3, and 0.5 change of acceptance level 4.
Consumer Acceptance Level (states of nature)
1 2 3 4
Alternative A 35 55 85 165
Alternative B -105 -5 155 225
Alternative c 75 85 75 65
Alternative D 55 55 75 65
Using the criterion of expected monetary value, which production alternative should be chosen?

BSOP 209 Final Exam 100% Correct Answers
2. (TCO 9) What is the objective function of LP?
3. (TCO 11 & 12) What are two of the steps in a simplex maximization problem?
4. (TCO 10) What will happen if the right-hand side of a constraint is changed?
5. (TCO 15 & 16) What are three of the basic steps that both PERT and CPM follow?
6. (TCO 16) What is a “dummy activity?”
7. (TCO 3, 4, & 5) What is the formula for linear regression? Define each part.
8. (TCO 1) What are the four

## Related Documents

BSOP 209 Final Exam Answers To Buy this Class Copy & paste below link in your Brower http://www.homeworkregency.com/downloads/bsop-209-final-exam-answers/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BSOP 209 Final Exam Answers 1. (TCO 8) What are the three parts of a wait-line system? 2. (TCO 9) What is the objective function of LP? 3. (TCO 11 & 12) What are two of the steps in a simplex maximization problem? 4. (TCO 10) What…

Words: 10727 - Pages: 43
• ###### Essay Stat 200 Final Exam 100% Correct Answers

STAT 200 Final Exam 100% Correct Answers https://homeworklance.com/downloads/stat-200-final-exam-100-correct-answers/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Lancehomework@gmail.com Visit our Site for More Tutorials: ( http://homeworklance.com/ ) STAT 200 Final Exam 100% Correct Answers 1. True or False. Justify for full credit. (25 pts) (a) The normal distribution curve is always symmetric to its mean. (b) If the variance…

Words: 21388 - Pages: 86
• ###### Essay on Comp 129 Final Exam 100% Correct Answers

COMP 129 Final Exam 100% Correct Answers Follow Link Below To Get Tutorial https://homeworklance.com/downloads/comp-129-final-exam-100-correct-answers/ Description: 1.(TCO 1) The HAL and executive services are elements of the __________. application software shell kernel device drivers 2. (TCO 1) Information on installed hardware, software, system configuration, and current running programs can be accessed using ________. command prompt (cmd.exe) control panel system information utility…

Words: 3470 - Pages: 14
• ###### Busn 115 Final Exam Solutions 100% Correct Answers Essay

BUSN 115 Final Exam Solutions 100% Correct Answers http://hwguiders.com/downloads/busn-115-final-exam-solutions-100-correct-answers/ (TCO 7) Some of the characteristics of lean systems include which of the following? (TCO 7) Mass customization means (TCO 1) The foundation of the U.S. economic system is: (TCO1) In the United States, the control of the money supply is the responsibility of the: (TCO 1) The total value of final goods and services produced within a nation’s borders…

Words: 6024 - Pages: 25
• ###### Cis 511 Final Exam 100% Correct Answers Essay

CIS 511 Final Exam 100% Correct Answers http://www.accttutorials.com/downloads/cis-511-final-exam-100-correct-answers/ Click above Link to get this A Graded Material For More information visit our website: http://www.accttutorials.com CIS 511 Final Exam 100% Correct Answers Question 1 There is no need to re-engineer a process once an ERP project has begun. Question 2 TQM concentrates on anticipating and preventing defects. Question 3 BOM is alternately called, “basis of…

Words: 7302 - Pages: 30
• ###### Mkt 312 Final Exam 100% Correct Answers Essay

MKT 312 Final Exam 100% Correct Answers http://hwguiders.com/downloads/mkt-312-final-exam-100-correct-answers/ ( 1 ) In terms of trade promotions, offering additional free merchandise for placing an order is known as: ( 2 ) A consumer who makes the purchase decision based on price is called: ( 3) A coupon placed inside a package to be used for a later purchase is called a(n): (4) When a cash register triggers a coupon for a product, it is called a: (5) Cash returns on soft…

Words: 5815 - Pages: 24
• ###### Mgt 434 Final Exam 100% Correct Answers Essay

MGT 434 Final Exam 100% Correct Answers http://homeworkfy.com/downloads/mgt-434-final-exam-100-correct-answers/ To Get this Tutorial Copy & Paste above URL Into Your Browser Hit Us Email for Any Inquiry at: Homeworkfy@gmail.com Visit our Site for More Tutorials: (http://homeworkfy.com/ ) 1. The Civil Rights Act of 1964 A. amended the Civil Rights Act of 1866 to permit jury trials in employment discrimination cases. B. brought an end to the Viet Nam war. C. created the legal basis for…

Words: 1395 - Pages: 6
• ###### Ee 372 Final Exam 100% Correct Answers Essays

EE 372 Final Exam 100% Correct Answers Follow Link Below To Get Tutorial homeworklance.net/downloads/ee-372-final-exam-100-correct-answers/ Description: 1. In process control the desired value of a system is referred to as the__________? 2. In process control, the term the “process”, whatever it may be, may also be referred to as the ______________. 3. The device that exerts a direct influence on the process is called the _____________. 4. Control system objectives…

Words: 774 - Pages: 4