Report- Hard Copy ASSIGNMENT METHOD The assignment problem is one of the fundamental combinatorial optimization problems in the branch of optimization or operations research in mathematics. It consists of finding a maximum weight matching in a weighted bipartite graph. In its most general form‚ the problem is as follows: There are a number of agents and a number of tasks. Any agent can be assigned to perform any task‚ incurring some cost that may vary depending on the agent-task assignment
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JET Copies Case Problem page 1 Assignment #1: JET Copies Case Problem By: Jenna Kiragis Quantitative Methods 540 7/29/2012 JET Copies Case Problem page 2 In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution shown. Lost revenue of Jet Copies due to breakdown can be done by generating
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The Difference between Quantitative Research Methodology & Qualitative Research Methodology By Arash Farzaneh‚ eHow Contributor Researchers are often faced with the decision of choosing the methodology that best suits their study and objectives. There are both advantages and disadvantages and strengths and weaknesses to quantitative and qualitative research methodologies. In the end‚ the researcher needs to make a choice of which option works best for the particular study at hand. Statistical
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Steeley Associates Monica Beamish Quantitative Methods – MAT 540 Dr. Hesh Ansari May 3‚ 2013 Steeley Associates Inc.‚ is a property development company. Steeley had purchased a house build in the mid-1800‚ and had been leasing it to the State University for academic office space. In 2008‚ the lease on the property expired and Steeley Associates‚ after consideration‚ decided to build high-density student apartments. This decision would optimize the full space site
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University of Bristol - School of Economics‚ Finance and Management QUANTITATIVE METHODS FOR FINANCE AND INVESTMENT (EFIMM005) Review Questions Question 1: Concepts a. Define a stochastic process. Give an example in Finance of a quantity that can be modelled as a stochastic process. b. Define a stationary stochastic process. c. Consider a stochastic process {Yt ‚ t = 1‚ ..‚ T }. Define the partial autocorrelation function (pacf) associated to this process. d. Explain the difference between estimator
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Chapter 25 Discriminant Analysis Content list Purposes of discriminant analysis Discriminant analysis linear equation Assumptions of discriminant analysis SPSS activity – discriminant analysis Stepwise discriminant analysis 589 590 590 593 604 When you have read this chapter you will understand: 1 The purposes of discriminant analysis. 2 How to use SPSS to perform discriminant analysis. 3 How to interpret the SPSS print out of discriminant analysis. Introduction This chapter
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Final Assignment Take-Home Exam – Example Solutions QUANTITATIVE ANALYSIS AND BUSINESS DECISION MAKING Question 1 – 5 Points Leila took a standardized test and was told that her score was in the 89th percentile. Explain clearly and in only one sentence what this means. Notes: Percentiles are a way of describing the position of a particular score within a set of scores As per the question‚ I was looking for one simple sentence to explain the meaning of the statement Ideal Answer: If Leila’s
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INTRODUCTION TO QUALITATIVE AND QUANTITATIVE RESEARCH METHODS There are generally two kinds of research: qualitative and quantitative. For any research project the researcher needs to be clear about which type of research will provide the information required. The role of qualitative research is to tell you why; quantitative research tells you how many. The methods are quite different. Definition of Quantitative research? "There ’s no such thing as qualitative data. Everything is either 1
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CHAIRS TO TABLE MIN 4x2:x1 -4x1+x2≤0 CHAIRS TO TABLE MAX 6x2:x1 -6x1+x2≥ 0 PRODUCTION HOURS X1 + .6x2 ≤375 Given X1 ‚ x2 ≥ 0 See SELF QUIZ 1 for more info Step 1 – Define Decision Variables Step 2 – Overall objective Maximized or Minimized Step 3 – Set of Constraints Figure 1 - SAMPLE Another Example from HW/Quiz Golden Electronics manufactures several products‚ including 45-inch GE45 and 60-inch GE60 television. It makes a profit of $50 on each GE45 and $75 on each GE60 television produced
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Quantitative Methods for Business Chapter 5 Problem No. 3 Homework Solution Problem No. 3 _____________________________________________________________________________________________ Problem No. 3 In a certain lottery‚ a lottery ticket costs $2. In terms of the decision to purchase or not to purchase a lottery ticket‚ suppose that the following payoff table applies: Decision Alternatives Win s1 Loses s2 Purchase lottery ticket‚ d1 300‚000 -2 Do not purchase lottery ticket
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