The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the AACSB requires new criteria involving an adjustment for summer courses, how would this impact the optimal solution? The course mix will stay the same The course mix will shift to teaching more graduate courses The course mix will shift something different than it was before That solution cannot be determined based on the tables provided Grad Minimum Contracts Solution-> Variable undergrad graduate surplus 1 surplus 2 surplus 3 Optimal Value (2) Variable undergrad graduate Constraint Undergrad Minimum Grad Minimum Contracts 0 1 True False 45 Status Basic Basic Basic NONBasic NONBasic Value 45 15. Dual Value 0 -1000 -2500 1 1 15 Value 45 15 15 0 0 165000 Reduced Cost 0 0 Slack/Surplu S 15 0 0 >= > Optimal Z-> 15 60 165000 Original Val 30 15 60 Original Val Lower Bound Upper Bound 2500 3500 3500 Infinity 0 2500 Lower Bound =-Infinity -1000 -2500 0 45 Upper Bound 45 30 Infinity The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If undergraduate minimum changes to 40, the dean can use the above ranging table to support her decision-making the process. The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If undergraduate minimum changes to 50, how would this impact the optimal solution? The course mix will shift to teaching more graduate courses That solution cannot be determined based on the tables provided The course mix will shift something different than it was before The course mix will stay the same The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the cost of undergraduate courses increases to $3700, how would this impact the optimal solution? The course mix will shift something different than it was before That solution cannot be determined based on the tables provided The course mix will shift to teaching more undergraduate courses The course mix will stay the same The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the cost of undergraduate courses increases to $2700, she can use the above ranging table to support her decision-making the process. True False The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the AACSB requires new criteria involving an adjustment for summer courses, how would this impact the optimal solution? The course mix will stay the same The course mix will shift to teaching more graduate courses The course mix will shift something different than it was before That solution cannot be determined based on the tables provided Grad Minimum Contracts Solution-> Variable undergrad graduate surplus 1 surplus 2 surplus 3 Optimal Value (2) Variable undergrad graduate Constraint Undergrad Minimum Grad Minimum Contracts 0 1 True False 45 Status Basic Basic Basic NONBasic NONBasic Value 45 15. Dual Value 0 -1000 -2500 1 1 15 Value 45 15 15 0 0 165000 Reduced Cost 0 0 Slack/Surplu S 15 0 0 >= > Optimal Z-> 15 60 165000 Original Val 30 15 60 Original Val Lower Bound Upper Bound 2500 3500 3500 Infinity 0 2500 Lower Bound =-Infinity -1000 -2500 0 45 Upper Bound 45 30 Infinity The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If undergraduate minimum changes to 40, the dean can use the above ranging table to support her decision-making the process. The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If undergraduate minimum changes to 50, how would this impact the optimal solution? The course mix will shift to teaching more graduate courses That solution cannot be determined based on the tables provided The course mix will shift something different than it was before The course mix will stay the same The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the cost of undergraduate courses increases to $3700, how would this impact the optimal solution? The course mix will shift something different than it was before That solution cannot be determined based on the tables provided The course mix will shift to teaching more undergraduate courses The course mix will stay the same The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the cost of undergraduate courses increases to $2700, she can use the above ranging table to support her decision-making the process. True False