Question
as a senior business analyst in cunningham holdings working with oscar the ceo. am to analyse and discuss four feasible models(the standard and 3 options
as a senior business analyst in cunningham holdings working with oscar the ceo. am to analyse and discuss four feasible models(the standard and 3 options of the exclusive club house) to build.
case study; extend your enjoyment. welcome to cunningham gudgal gold resort.
Part 1: Action Plan (30%)
In the action plan you have to describe the process you will undertake to transform the business problem into a set of mathematical equations using the four steps approach. Identify the decision variables - the unknown values that the model seeks to determine. Identify the objective function - the quantity to be minimised or maximised. Identify all appropriate constraints - limitations, requirements, or other restrictions that are imposed on any solution, either from practical or technological considerations or by management policy. Write the objective function and constraints as mathematical expressions.
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