Find a current example of a linear optimization model used in your industry. Describe the industry’s needs, including any unique factors, how the linear optimization model was used, and the problem or challenge it addressed. Would you suggest a different model be used? Why or why not? Support your response with rationale from the assigned […]
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A company’s strategic priorities must drive how capital allocations are made and the size of each unit’s operating budget. Using the NEC Danforth’s library resources search for recent (most recent five years) articles that discusses how a company has revised its pattern of resource allocation and divisional budgets to support new strategic initiatives. How do […]
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Competencies In this project, you will demonstrate your mastery of the following competencies: Recommend operations management methods and techniques to increase value for customers Evaluate how operations management generates value for an organization Explain local, national, and global sustainability in relation to functional areas of business Scenario You work as the chief supply-chain officer at […]
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An algorithm is simply a pattern or protocol, referring to how things get done. If a Web page references your personal information and past viewing habits, the algorithm or protocol will be to serve up more of the same to capture your attention. As the system selects some information for you, it ignores other information […]
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