In a short answer format, please identify and discuss types of problems that can be solved using quantitative analysis. Please answer the following questions.
1. Peterson Trucking has a contract with Lodan's Food. The contract indicates that Peterson Trucking will ship freight to their stores by 6 AM every Monday through Thursday. The distribution window is from 3 AM to 6 AM. Lodan's Food has 20 stores that have to receive freight within this agreed upon time. Peterson Trucking has 11 Trucks. The freight is packaged and housed at a centralized warehouse where all trucks have to begin. Who has a problem in this situation...Peterson Trucking or Lodan's Food? What kind of problem are they having? What Management Science Technique would be best to use towards solving the problem?
2. Tortron Inc. makes very popular blue jeans. As a consumer-driven organization, they are very mindful of their customer segments and the return-on-investment received from each of those segments. Like most organizations...Tortron does not have unlimited financial resources to support its business activity, but wants to ensure their core consumer stays aware of their products. What kind of problem is Tortron having? What Management Science Technique would be best to use towards solving the problem?