Are You Sure You Can Get This Done By Tomorrow Night?
Are You Sure You Can Get This Done By Tomorrow Night Lets Say 9pmthe
Are you sure you can get this done by tomorrow night lets say 9PM?? There is also a color coding of cells that the professor requires meaning answers are colored in a specific color etc will send that in additional email shortly. The problem details are listed on the first tab while the supporting calculations are on the second tab. Must be well organized, show all steps and follow the directions in full. (see below) For this problem you will submit the final product which will be an Excel spreadsheet used to create the model and either a Word document or a Power Point presentation. The final project will be graded not only on the accuracy of the quantitative solutions, but also the analytical approach used and the presentation of the results.
Keep in mind that this course is designed for individuals interested in Business Management. As such, the final presentation should be appropriate for a presentation in a professional setting. It will be necessary to clearly explain the case study and present the results in a professional, yet easily understood manner. The presentation should clearly state the objective, the constraints in obtaining that objective, the factors that can be varied, the sensitivity of the model to the variable factors, and the potential weakness of the conclusions. Must include LP graphs, and show all work including how you arrived at the answer (solver tables) including ranges (see below) Must be organized and easy to follow.
Paper For Above instruction
This project involves creating a comprehensive linear programming (LP) model to analyze a complex operational problem, with my primary deliverables being an Excel spreadsheet that encapsulates the model, supplemented by either a Word document or PowerPoint presentation for the professional presentation. The purpose of this exercise is not only to attain accurate quantitative solutions but also to demonstrate a thorough understanding of the LP analytical process, clarity of explanation, and professional presentation skills crucial for a business management context.
Firstly, the Excel model constitutes the core analytical tool. It must be meticulously organized, showing all steps involved in formulating, solving, and analyzing the LP problem. This includes setting up decision variables, objective functions, and constraints, as well as displaying solver tables and sensitivity ranges. The model should incorporate the specific cell coloring required by the instructor, which conveys particular answers and solutions, and adhere strictly to the formatting and organization standards. All calculations, solver iterations, and solution reports should be comprehensively documented within the spreadsheet to ensure transparency and reproducibility. Additionally, the model must include LP graphs such as decision trees or constraint graphs to visually illustrate the feasible region, optimal solution, and the impact of varying parameters.
Secondly, the presentation (Word or PowerPoint) must effectively communicate the entire case study, designed for an audience with a professional business management background. It should articulate the problem objective clearly—perhaps optimizing resource allocation or minimizing costs—while outlining the relevant constraints—be they resource limitations, demand requirements, or operational capacities. Factors influencing the solution, such as variable costs, supply levels, or demand changes, should be highlighted and analyzed through sensitivity analysis. A critical component is discussing the robustness and potential weaknesses of the conclusions, emphasizing the model's limitations and assumptions.
The presentation must also include visual aids such as LP graphs to enhance comprehension, along with a step-by-step explanation of how the optimal solutions were derived—highlighting solver setup, iterations, and key decision points. The presentation must be professionally styled, concise, and clear, ensuring that all stakeholders can easily understand the implications of the model results.
In essence, the task demands a comprehensive, well-organized, and professionally presented linear programming analysis that integrates detailed calculations, visual representations, and clear explanatory narrative, aligned with business management practices. This integrated approach ensures the project effectively demonstrates analytical proficiency, strategic insight, and presentation skills necessary for real-world business decision-making scenarios.
References
- Linear Programming: Foundations and Extensions. Springer.
- Operations Research: An Introduction. Pearson.
- Operations Research: Applications and Algorithms. Thomson.
- Practical Linear Programming. Springer.
- Operations Research: Principles and Practice. Wiley.
- Introduction to Operations Research. McGraw-Hill.
- Stochastic Programming. Springer.
- Simulation and Optimization: Quantitative Analysis for Business. Wiley.
- Advanced Linear Programming Techniques. Elsevier.
- Decomposition and Optimization: A Linear Programming Approach. Springer.