BUS 660 DQ 2 Topic 1 - 8 (Package Deal)

DQ 2: Explain how error measures can help to optimize moving averages, weighted moving averages, and exponential smoothing methods.

Bus 660 - Topic 3 DQ 2 DQ 2: 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...

DQ 2:Discuss how your organization could use an operations management linear programming application to solve a problem or improve a business process.

DQ 2: Solving shortest-route problems enables a business organization to use their resources more efficiently and minimize expenditures, thereby increasing overall production and profit. Consider the business or industry in which you work. What is a process that could be improved by the application ...

DQ 2: Think about your own retirement investment portfolio or find an example of one online. Discuss how you might use a model to create the optimum portfolio allocation for your risk level.

DQ 2: What are the economic costs of waiting lines? How might these costs be measured? What decision criteria can be used to justify expanding services to reduce waiting times?

DQ 2: Consider some of the examples you have brought up in earlier discussion forums about applying models to real-world problems. Choose one of the models covered earlier in the course and describe the key differences in solving a problem with that model versus with a simulation model. In your opin...