1 which of the following would be the best method of, Ask an Expert

Management Studies

1. Which of the following would be the best method of facility location to use if you wish to take into account various factors, such as demographics and competitor locations?

Centroid method

Linear regression

Bin-packing

Transportation method of linear programming

2. Is the process in control? Discuss by constructing the mean and range charts.

Observation Number

Sample Number 1 2 3 4 5

1 10.1 10.6 9.8 9.9 10.9

2 9.7 9.5 10.3 9.9 10.5

3 10.1 10.7 9.2 10.0 10.1

4 9.9 9.8 10.5 10.4 10.1

5 10.4 10.1 10.9 9.9 10.3

3. Describe in your own words what they mean and why they are important. include the reference

1. Model inputs

2. Decision variables

3. Model outputs

4. Net present value (NPV)

5. Discount rate

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93101400

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