Question: MGMT 350 Determine how an LP optimization and/or sensitivity model could improve a management objective based on one of the following options: Option 2: Any
MGMT 350
Determine how an LP optimization and/or sensitivity model could improve a management objective based on one of the following options:
Option 2: Any formal organization that you were a member of --non-profit or for-profit entities, in which you had significant visibility. The management area that is the focus of the model -- what is the management performance metric?
- The data required for the model. (Describe the data set and how you would obtain it.)
- Possible constraints associated with the organization which determines the model's feasible region. State why you believe the selected resources are constraints.
- The functional areas that the model would most likely impact. (Accounting, Finance, Sales, Service Development, Customer Support, etc.)
- Hypothesize on the potential challenges in implementing the solution.
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