Questions from Management Science


Q: Angela Fox and Zooey Caulfield were food and nutrition majors at State

Angela Fox and Zooey Caulfield were food and nutrition majors at State University, as well as close friends and roommates. Upon graduation Angela and Zooey decided to open a French restaurant in Drape...

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Q: A healthcare company plans to open its new chain of clinics in

A healthcare company plans to open its new chain of clinics in seven cities (1 to 7) within its earmarked budget. The population size (in thousands) in cities and associated investment budgets are tab...

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Q: Wins above replacement,” or WAR, is a complex statistical measure

Wins above replacement,” or WAR, is a complex statistical measure of a major league baseball player’s performance that sums up a player’s total co...

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Q: Globex Investment Capital Corporation owns six companies that have the following estimated

Globex Investment Capital Corporation owns six companies that have the following estimated returns (in millions of dollars) if sold in one of the next 3 years: To operating funds, the company must sel...

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Q: An industrial machinery manufacturer produces shapers and drill presses. The manufacturer

An industrial machinery manufacturer produces shapers and drill presses. The manufacturer fore- casts that the demand for shapers for the next month will be at least 5 and the demand for drill presses...

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Q: An oil refinery pumps thousands of barrels of crude and refines it

An oil refinery pumps thousands of barrels of crude and refines it to produce fuels. The refinery must plan its production for the next four months to meet its expected demand. The monthly production...

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Q: The Kreeger Grocery Store chain has bought out a competing grocery store

The Kreeger Grocery Store chain has bought out a competing grocery store chain. However, it now has too many stores in close proximity to each other in certain cities. In Roanoke the chain has 10 stor...

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Q: An investment firm received R120,000 from a client for investment

An investment firm received R120,000 from a client for investment. The firm has identified six options and their expected returns are as given in the following table. Each option needs a mini- mum ent...

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Q: The Tech Software School contracts to train employees of companies in the

The Tech Software School contracts to train employees of companies in the use of various soft- ware products and packages. The training programs are all delivered on three consecutive days but require...

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Q: A car manufacturer produces cars in five colors: Red, Green

A car manufacturer produces cars in five colors: Red, Green, Blue, White, and Yellow. Only one painting machine is available now for painting cars. The machine must be stopped if the machine is requir...

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