requirements represented as linear relationships. Linear programming is a specific case of mathematical programming The Primary Purpose of the present investigation is to develop an interactive spreadsheet tool to aid in determining a maximum return function in 401K plan. In this paper‚ we discuss how the Excel spreadsheet can be used to solve a linear optimization in retirement industry to get maximum returns in 401 k plan Organize information There are four categories of information needed for solving
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nonlinear. Once a few data points are obtained from trial‚ market studies‚ or industry information‚ a bivariate (two sets of data) plot can be drawn that reflects the demand curve for a particular product. Using Excel‚ the data can be entered in a spreadsheet and plotted. The independent (x) variable is typically plotted on the horizontal axis and the dependent (y) variable is plotted on the vertical axis. When plotting a demand curve‚ economists always place the quantity demanded on the horizontal axis
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Submit the EXCEL spreadsheet as an assignment in Blackboard Assignments. Some sources for information would be: Michigan Dept. of Labor website (http://www.milmi.org )>Occupation Information US Dept of Labor website (http://www.bls.gov/) Part One – research job information Go to as many sources as you can find which lists the Occupation Information. Select Architecture and Engineering or Computer and Mathematical or Production. Part Two – create a spreadsheet of data found for
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ACHIEVING A COMPETITIVE ADVANTAGE PART 1 By: Milcyn T. Gutierrez Eight basic ways to gain competitive advantage Consider competitive advantage in terms of a for-profit company‚ whose major goal is to maximize profits by lowering costs and increasing revenue. A for-profit company achieves competitive advantage when its profits increase significantly‚ most commonly through increased market share. The listed eight basic initiatives below can be used to gain competitive advantage‚ including offering
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cash flows is the most important? Why? Business - Accounting ACC 421 All Week 4 Assignments – Individual Assignments Includes: ACC 421 Week 4 Learning Team Assignment with 3 part excel spreadsheet included ACC 421 Week 4 Individual Assignment with 2 part excel spreadsheet included ACC 421 Week 4 Discussion Questions 1‚ 2‚ 3 Consider going to a community college before going to a university. This is a cost-effective way to take care of prerequisite classes. There
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Your Information There are three categories of information needed for solving an optimization problem in Excel: an Objective Function‚ Decision Variables‚ and Constraints. It is simplest to organize these on paper before you start working with the spreadsheet. For tutorial purposes we will follow an example‚ “The Cargo Problem”‚ from start to finish: A shipping company has the capacity to move 100 tons of cargo per day by air. The company charges $250/ton for air freight. Besides the weight constraint
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Week 4 Learning Team A Reflection Throughout this course‚ we established a foundation in understanding Business Information Systems. This week’s objectives were to describe how wireless technologies are used in the workplace and how to use spreadsheets in business situations. While some members of Team A were well versed in Microsoft tools‚ others had their first lesson on Microsoft’s Excel and Access fundamentals. Team A’s members range from a project manager who attained their Associate Degree
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together documents has never been easier. It’s used to create‚ view‚ edit‚ save and print documents. One of the most popular tools is the spell checker. Microsoft Word can spell check more than 50 languages! Microsoft Excel is an electronic spreadsheet program that can be used for storing‚ organizing and manipulating data. Excel is a very handy organizational tool and is the world’s most used database. Microsoft Power Point is a presentation program. It can be made into slide shows‚ and photo
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year after you retire? Your first withdrawal will be made at the end of your first retirement year. Solution to Unit 2 Challenge Problem: From today to retirement‚ the time period is 28 years. Future value of deposit: By using the excel spreadsheet we can calculate the future value of deposited. Inset of FV in formula bar and take the value as Rate = 7.5%‚ Nper = 28 PMT = 8000 By entering we can get the values as $701‚434.48 At the time of retirement‚ he is expecting to live the
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the university. For example‚ in a year where there are 73 faculty at the beginning of the year‚ 7 would leave the university at the end of the year. The university wants to know how many faculty they will have at the end of year 10. The resulting spreadsheet can be found below. The formula copied down from E10 to E11:E18 was _ Answer: B9:B18 - ROUND(0.1*B9:B18‚0) +C9:C18 Note: If the answer is a formula‚ there is no need to begin that answer with =. Please do not put any unnecessary spaces or () in
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