BUS 660 Grand Canyon Week 6 Complete Work
BUS 660 Grand Canyon Week 6 Discussion 1
Identify two key strategic decisions made by your current team, department, or organization. How could those decisions have been enhanced by optimization models? Support your rationale with evidence from readings or external research.
BUS 660 Grand Canyon Week 6 Discussion 2
Find a current example of a linear optimization model used in your industry. Describe the industry’s needs, including any unique factors, how the linear optimization model was used, and the problem or challenge it addressed. Would you suggest a different model be used? Why or why not? Support your response with rationale from the assigned readings.
BUS 660 Grand Canyon Week 6 Assignment
Introduction to Optimization Modeling Problem Set
Manually complete the following problems in the textbook:
- Problem 7-14
- Problem 7-15
- Problem 7-18
Use an Excel spreadsheet file for the calculations and explanations. Cells should contain the formulas (i.e., if a formula was used to calculate the entry in that cell). Students are highly encouraged to use the “Optimization Modeling Problem Set” Excel resource to complete this assignment.
Mac users can use StatPlus: mac LE, free of charge, from AnalystSoft.
You are not required to submit this assignment to Turnitin.