MAT 540 WEEK 10 quantitative methods
MAT 540 WEEK 10 quantitative methods
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Date Created: 11/09/15
WEEK 10June 6 12 Course outcome in focus: Develop solutions for transshipment problems. Use technology and information resources to research issues in Management Science. Supporting topics: The transportation model Computer solution of a transportation problem The transshipment model Computer solution of a transshipment problem The assignment model Weekly Activities: Reading: Chapter 6, Transportation, Transshipment, and Assignment Problems Assignments: Complete Week 10 Case Assignment Course Lectures: Lecture/discussion on transshipment models being an extension of the transportation model where intermediate points, known as transshipment points, are added between sources and destinations. Activity – Discussion on transshipment problems o Can we apply transshipment models to inventory applications? Why or why not? o Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Lecture/discussion on assignment problem being a special form of a linear programming model in which all supply and demand values equal one. Activity – Discussion on transportation problems o Explain the assignment model and how it facilitates in solving transportation problems. o What benefits would be gained from using this model? Assignment: Assignment #4: Case Problem “Stateline Shipping and Transport Company” Read the “Stateline Shipping and Transport Company” Case Problem on pages 273274 of the text. Analyze this case, as follows: 1. In Excel, or other suitable program, develop a model for shipping the waste directly from the 6 plants to the 3 waste disposal sites. 2. Solve the model you developed in #1 (above) and clearly describe the results. 3. In Excel, or other suitable program, Develop a transshipment model in which each of the plants and disposal sites can be used as intermediate points. 4. Solve the model you developed in #3 (above) and clearly describe the results. 5. Interpret the results and draw conclusions that address the question posed in the case problem. What are the limits of the study? Write at least one paragraph. There are two deliverables for this Case Problem, the Excel spreadsheets and an accompanying written description/explanation. Please submit both of them electronically via the dropbox. The assignment will be graded using the associated rubric. Develop solutions for transshipment problems. Outcome Assessed: Communicate issues in Management Science Grading Rubric for Stateline Shipping & Transport Case Problem There are 12 points in each of the five criteria for a total of 60 points possible Criteria 0 1 2 3 Unacceptable Developing Competent Exemplary (0 points) (6 points) (9 points) (12 points) 1. Develop a Did not submit or the The objective The objective The objective transportation model objective function function and function and most or function and all for shipping from the 6 and/or constraints are constraints are all constraints are constraints are plants directly to the 3 specified with less specified and specified correctly specified correctly in disposal sites. than 70% accuracy. described with 70 – and adequately the model and clearly Describe and 79% accuracy. described. described implement the model. 2. Solve the model Did not solve the The model is solved, The model is solved The model is solved given in 1 and describe model or adequately but its validity is and the results are and the results are the results. describe the results. questionable or it is mostly valid and valid and correctly incorrectly described. mostly correctly described. described. 3. Develop a Did not submit or the The objective The objective The objective transshipment model objective function function and function and most or function and all in which each of the and/or constraints are constraints are all constraints are constraints are plants and disposal specified with less specified and specified correctly specified correctly in sites can be used as than 70% accuracy. described with 70 – and adequately the model and clearly intermediate points. 79% accuracy. described. described 4. Solve the model Did not solve the The model is solved, The model is solved The model is solved given in 3 and describe model or adequately but its validity is and the results are and the results are the results. describe the results. questionable or it is mostly valid and valid and correctly incorrectly described. mostly correctly described. described. 5. Interpret the models Did not complete the There are errors in Results are Results are correctly and draw assignment or interpreting the interpreted in a interpreted; conclusions interpretation and/or results; or mostly correct appropriate conclusions drawn are inappropriate manner; conclusions conclusions are drawn invalid and/or not conclusions are drawn are mostly and communicated intelligibly drawn; or this is not appropriate; and clearly. communicated. clearly communicated in a communicated. mostly clear manner. Discussions: There will be one posting required for each of this week’s discussion topics. Length, grammar and spelling will be considered in evaluating your submission. It will be due by 11:59 pm on the Sunday of this week.
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