Questions from Management Science

Q: You want to start a campus business to match compatible male and

You want to start a campus business to match compatible male and female students for dating. How would you use a network model to help you run your business?

Q: You have been assigned to ensure that each high school in the

You have been assigned to ensure that each high school in the Indianapolis area is racially balanced. Explain how you would use a network model to help attain this goal.

Q: “It is essential to constrain all shipments in a transportation problem

“It is essential to constrain all shipments in a transportation problem to have integer values to ensure that the optimal LP solution consists entirely of integer-valued shipments.” Is this statement...

Q: What is the relationship between transportation models and more general logistics models

What is the relationship between transportation models and more general logistics models? Explain how these two types of linear optimization models are similar and how they are different.

Q: Unlike the small logistics models presented here, real-world logistics

Unlike the small logistics models presented here, real-world logistics problems can be huge. Imagine the global problem a company like FedEx faces each day. Describe as well as you can the types of de...

Q: A bond is currently selling for $1040. It pays the

A bond is currently selling for $1040. It pays the amounts listed in the file at the ends of the next six years. The yield of the bond is the interest rate that would make the NPV of the bond’s paymen...

Q: Modify the original Grand Prix example as follows. Increase the demands

Modify the original Grand Prix example as follows. Increase the demands at the regions by 200 each, so that total demand is well above total plant capacity. This means that some demands cannot be supp...

Q: In the capital budgeting model in Figure 6.5, we

In the capital budgeting model in Figure 6.5, we supplied the NPV for each investment. Suppose instead that you are given only the streams of cash inflows from each investment. This file also shows th...

Q: The models in this chapter are often called combinatorial models because each

The models in this chapter are often called combinatorial models because each solution is a combination of the various 0–1 values, and only a finite number of such combinations exist. For the capital...

Q: Telco, a national telemarketing firm, usually picks a number of

Telco, a national telemarketing firm, usually picks a number of sites around the country from which it makes its calls. As a service, AD&D’s telecommunication marketing department wants to help Telco...