Reconsider the example illustrating the use of stochastic programming with recourse that was presented in Sec. 7.6.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
The revised model is Maximize Z 053x 1 5x 21 053x 1 x 21 3x 1 25x 21 05x 21 subject to x 1 4 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Question Posted:
Students also viewed these Statistics questions
-
Reconsider the example illustrating the use of robust optimization that was presented in Sec. 7.4. Wyndor management now feels that the analysis described in this example was overly conservative for...
-
Reconsider the example illustrating the use of chance constraints that was presented in Sec. 7.5. The concern is that there is some uncertainty about how much production time will be available for...
-
The Royal Cola Company is considering developing a special new carbonated drink to add to its standard product line of drinks for a couple years or so (after which it probably would be replaced by...
-
Three resistors are connected in series across a battery. The value of each resistance and its maximum power rating are as follows: 2.0 and 4.0 W, 12.0 and 10.0 W, and 3.0 and 5.0 W. (a) What is...
-
The Los Angeles Times (June 14, 1995) reported that the U.S. Postal Service is getting speedier, with higher overnight on-time delivery rates than in the past. Postal Service standards call for...
-
A bug of inertia \(m_{\mathrm{B}}\) collides with the windshield of a Mack truck of inertia \(m_{\mathrm{T}} \gg m_{\mathrm{B}}\) at an instant when the relative speed of the two is...
-
What are the different types of organizational forms that corporations use for international operations?
-
The following are several accounts of the Graf Corporation at the end of 2007: Account Credit Balance Common stock , $10 par ............ $ 47,100 Bonds payable (due 2014) ........... 126,000 Premium...
-
Mills Corporation acquired as a long-term investment $300 million of 6% bonds, dated July 1, on July 1, 2024. Company management has the positive intent and ability to hold the bonds until maturity....
-
A ride hailing company has their DB structured in 3 major tables as described in the SCHEMA section below. Write a query to fetch the top 100 users who traveled the most distance using the service....
-
Consider the following problem. Maximize z = 20x1 + 30x2 + 25x3, Subject to and x1 ¥ 0, x2 ¥ 0, x3 ¥ 0, where b1, b2, and b3 are uncertain parameters that have mutually independent normal...
-
The situation is the same as described in Prob. 7.6- 1 except that Wyndor management does not consider the additional information about the rumor to be reliable. Therefore, they havent yet decided...
-
(a) Perform the indicated operation without the use of a calculator and express each answer in scientific notation. (b) Confirm your answer from part (a) by using a scientific calculator to perform...
-
This is the 3 rd and final part of a three-part assignment. You will continue to help M&M family in building a successful financial plan. Once again, if applicable, please consider apply the same...
-
Imagine you have just assumed the role of CFO at Canova Manufacturing, a prominent company poised for dynamic expansion. The Board of Directors has adamantly conveyed that dilution of the current...
-
What is a budget? How does revenue relate to a budget? Explain two consequences of having revenue being too far from budget. Why is it better to use percentages for revenue performance instead of...
-
The USD to CAD (US dollar to Canadian dollar) exchange rate is: USD0.9550 for CAD1. The CAD to JPY (Canadian dollar to Japanese Yen) exchange rate is: CAD1.0100 for JPY100. The JPY to USD (Japanese...
-
(1) Describe and discuss the risk management process. (2) Describe and discuss the various "T" risk response strategies. (3) What are the "Three Lines of Defense"? (4) What is a "Black Swan"? Also,...
-
In Exercises 1 through 16, use the method of Lagrange multipliers to find the indicated extremum. You may assume the extremum exists. Let f(x, y) = 2x 2 + 4y 2 3xy 2x 23y + 3. Find the minimum...
-
A Firm intends to invest some capital for a period of 15 years; the Firm's Management considers three Options, each consisting of purchasing a machinery of a specific brand, different for each...
-
TORA experiment. Generate the simplex iterations of Example 3.4-1 using TORA's .iterations => M-method module (file toraEx3.4-l.txt). Compare the effect of using M = 1, M == 10, and M = 1000 on the...
-
In Example 3.4-1, identify the starting tableau for each of the following (independent) cases, and develop the associated z-row after substituting out all the artificial variables: (a) The third...
-
Consider the following set of constraints: - 2X1 + 3X2 = 3 (1) 4X1 + 5X2 10 (2) X1 + 2X2 5 (3) 6X1+7x2 3 (4) 4X1 + 8X2 5 (5) X1, x2 0 For each of the following problem, develop the Z - row after...
-
The bonds of Venture Ltd . has 8 years remaining to maturity. Its annual coupon rate is 6 % with a face value of $ 1 , 0 0 0 . The prevailing market interest rate is 8 % . The interest is paid semi -...
-
Convert the following C functions into ARMv8 assembly language. Again, comment each line of assembly code on what it does. Note that local variables should be kept in function's stack frame. 1)...
-
What are the four main types of financial services?Which type of financial services will help you accomplish your short, intermediate, and long-term goals?For example, I use savings financial...
Study smarter with the SolutionInn App