Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. The number of pizzas ordered on Friday evenings between 5:30 and 6:30 at a pizza delivery location for the last 10 weeks is

image text in transcribed

1. The number of pizzas ordered on Friday evenings between 5:30 and 6:30 at a pizza delivery location for the last 10 weeks is shown below. 58, 46, 55, 39, 43, 63, 54, 58, 62, 52 Use exponential smoothing with smoothing constants of .2 and .8 to forecast a value for week 11. Compare your forecasts using MSE. Which smoothing constant would you prefer? (Please do not just write the answer. Otherwise your will lose points.) 2. Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below. Plastic Ink Assembly Molding Time Fliptop Model 3 5 2 Tiptop Model 4 4 2 Available 36 50 30 The profit for Fliptop model is $1000 per lot, and $1300 for Tiptop model per lot. Please answer the following questions: a. What is the linear programming model for this problem? b. Find the optimal solution. (You can use graphic method. Please show your detailed steps the graph if you use graphic method. You can also use software package such as Excel Solver. Please provide the Excel file if you use Solver. Please do not just write the answer. Otherwise your will lose points.) 3. Consider the following linear program: Max s.t. 3x14x2 ($ Profit) x13x2

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Management

Authors: Andrew J. DuBrin

9th Edition

538478233, 2900538478235, 978-0538478236

More Books

Students also viewed these General Management questions

Question

Prepare unadjusted financial statements, p. 120 LO1

Answered: 1 week ago