Questions from Business Analytics

Q: In the hotel pricing problem, suppose that the hotel is considering

In the hotel pricing problem, suppose that the hotel is considering adding suites to its room mix. Based on an analysis of local competitors, suites can sell for a rate of $180, and they expect to sel...

Q: A franchise of a chain of H&M, a Swedish

A franchise of a chain of H&M, a Swedish multinational clothing retail company, wants to determine the best location to attract customers from three shopping malls. The coordinates of the three sh...

Q: ElectroMart wants to identify a location for a warehouse that will ship

ElectroMart wants to identify a location for a warehouse that will ship to five retail stores. The coordinates and annual number of truckloads are given here. Develop and solve a model to find the bes...

Q: We noted that the least-squares coefficients in a regression model

We noted that the least-squares coefficients in a regression model are found by minimizing the sums of squares of the errors, as given in equation. This is a nonlinear optimization problem. Using the...

Q: Many manufacturing situations, for example, the production of such large

Many manufacturing situations, for example, the production of such large and complex items as aircraft or machines, exhibit a learning effect in which the production time per unit decreases as more un...

Q: ToyDoc is a major toy manufacturer. Its financial advisor is analyzing

ToyDoc is a major toy manufacturer. Its financial advisor is analyzing the effect of the direct material cost of plastic used to make the toys on profits earned for two of their main products. These d...

Q: Dilan is a property investor. Recently he has been interested to

Dilan is a property investor. Recently he has been interested to invest in three different types of property: a shoplot, a condominium, and a double-story house. The shoplot is a high-risk investment,...

Q: Filter the data in the Cereal database to obtain the cereals that

Filter the data in the Cereal database to obtain the cereals that are of type C. What are the average calories and total sales for this type of cereal?

Q: An IT support group at Thomson State College has seven projects to

An IT support group at Thomson State College has seven projects to complete. The time each will take and project deadlines (both given in number of days) are shown next. a. Sequence the projects to mi...

Q: Suppose the distances that Mohan Raja, a mechanical technician for Canon

Suppose the distances that Mohan Raja, a mechanical technician for Canon who repairs and services photocopy machines, travels between five different companies that rent photocopy machines from Canon a...