Publisher Dilemma 1 – With the Excel\'s optimal solution (Using the sensitivity
ID: 446216 • Letter: P
Question
Publisher Dilemma 1 – With the Excel's optimal solution (Using the sensitivity report from your hard copy), is the publisher happy with the result? Explain why or why not. 2 – The problem in class was not much of a dilemma. Here is a potentially “real” dilemma: If there is a limit of 300 copies be send for each route. How would the linear programming (LP) model be changed? How is the optimal solution for the final cost compare with the solution from class. (Hint, you will need to provide a constraint for each route) Bonus Another potentially “real” dilemma: If on top of the limit of 300 copies be send for each route, what if there are only 600 copies of the text from both Novato and Lodi. How would the model be changed? Will there be unhappy customers (why would they be unhappy)?
Explanation / Answer
a.The population, the sample, and the standard deviation
b.The sample, the variable of interest, and the degrees of freedom
c.The data in the sample, the confidence level, and the sample size
d.The sampling distribution, the confidence level, and the degrees of freedom
e.The mean, the median, and the mode
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