Questions from Management Science


Q: In Problem 14, the management of the Oakland Bombers is considering

In Problem 14, the management of the Oakland Bombers is considering hiring superscout Jerry McGuire to evaluate the team’s chances for the coming season. McGuire will evaluate the team, assuming that...

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Q: The Place-Plus real estate development firm in Problem 26 is

The Place-Plus real estate development firm in Problem 26 is dissatisfied with the economist’s estimate of the probabilities of future interest rate movement, so it is considering having a financial c...

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Q: Concerned about recent weather-related disasters, fires, and other

Concerned about recent weather-related disasters, fires, and other calamities at universities around the country, university administrators at Tech have initiated several planning projects to determin...

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Q: A young couple has $5,000 to invest in either

A young couple has $5,000 to invest in either savings bonds or a real estate deal. The expected return on each investment, given good and bad economic conditions, is shown in the following payoff tabl...

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Q: Annie Hays recently sold a condominium she had bought and lived in

Annie Hays recently sold a condominium she had bought and lived in while she was a college student over 15 years ago. She received $150,000 for the condominium and is considering two investment altern...

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Q: Labran Jones has played for the Cleveland professional basketball team for the

Labran Jones has played for the Cleveland professional basketball team for the past eight seasons and has established himself as one of the top players in the league. He has recently become a free age...

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Q: The owner of the Columbia Construction Company must decide between building a

The owner of the Columbia Construction Company must decide between building a housing development, constructing a shopping center, and leasing all the company’s equipment to another...

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Q: A local real estate investor in Orlando is considering three alternative investments

A local real estate investor in Orlando is considering three alternative investments: a motel, a restaurant, or a theater. Profits from the motel or restaurant will be affected by the availability of...

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Q: A television network is attempting to decide during the summer which of

A television network is attempting to decide during the summer which of the following three football games to televise on the Saturday following Thanksgiving Day: Alabama versus Auburn, Georgia versus...

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Q: For each of the following queuing systems, indicate whether it is

For each of the following queuing systems, indicate whether it is a single- or multiple-server model, the queue discipline, and whether its calling population is infinite or finite. a. Hair salon b. B...

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