Questions from Management Science


Q: For the marketing example in this chapter, if the budget is

For the marketing example in this chapter, if the budget is increased by $20,000, how much will audience exposures be increased? If Biggs Department Store wanted the same total number of people expose...

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Q: A maintenance section of a leading property company installs appliances for free

A maintenance section of a leading property company installs appliances for free in its residential and commercial properties. Whoever rents the properties can avail the free service only once at the...

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Q: The Cash and Carry Building Supply Company has received the following order

The Cash and Carry Building Supply Company has received the following order for boards in three lengths: The company has 25-foot standard-length boards in stock. Therefore, the standard-length boards...

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Q: An investment firm has $1 million to invest in stocks,

An investment firm has $1 million to invest in stocks, bonds, certificates of deposit, and real estate. The firm wishes to determine the mix of investments that will maximize the cash value at the end...

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Q: A pottery company produces three types of products from clay: dining

A pottery company produces three types of products from clay: dining ware, sanitary ware, and floor tiles. The company has a stock of 500 kg of clay. A dining ware needs 2 kg of clay, sanitary ware, 4...

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Q: The Jones, Jones, Smith, and Rodman commodities trading firm

The Jones, Jones, Smith, and Rodman commodities trading firm knows the prices at which it will be able to buy and sell a certain commodity during the next 4 months. The buying price (ci) and selling p...

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Q: The production manager of Videotechnics Company is attempting to determine the upcoming

The production manager of Videotechnics Company is attempting to determine the upcoming 5-month production schedule for video recorders. Past production records indicate that 2,000 recorders can be pr...

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Q: The manager of the Ewing and Barnes Department Store has four employees

The manager of the Ewing and Barnes Department Store has four employees available to assign to three departments in the store—lamps, sporting goods, and linens. The manager wants eac...

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Q: Tidewater City Bank has four branches with the following inputs and outputs

Tidewater City Bank has four branches with the following inputs and outputs: The monthly output and input values for each bank are as follows: Using data envelopment analysis (DEA), determine which b...

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Q: Carillon Health Systems owns three hospitals, and it wants to determine

Carillon Health Systems owns three hospitals, and it wants to determine which, if any, of the hospitals are inefficient. The hospital inputs each month are (1) hospital beds (100s), (2) non- physician...

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