Table of Contents
Competency 2 - Creates operational strategies using prescriptive models and analysis
Paper: Applications of Quantitative Decision Making in Business II – Transportation, Transshipment, Assignment, or Shortest-route Problem
After reviewing the essential concepts, readings, and cases for 2.1, 2.2, and 2.3 complete the following steps:
For this competency-level demonstration of mastery, you will summarize how the concepts in Competency 2 are applied to a situation in the real world. You will need to complete the following steps:
- Locate a recent article (from within the last 5 years) from the library’s databases OR interview a business leader about how a transportation, transshipment, assignment, or shortest-route problem was resolved with a linear programming model.
- Summarize the problem presented in the article or interview.
- Explain the objective function and constraints the business faced in relation to this problem.
- Describe the linear programming model used to solve this problem.
- Provide the optimal solution presented in the article or interview.
- Summarize the final outcome of the implementation of the solution.
- Incorporate citations from the lecture videos.
- Include your thoughts on the church as an organization. How does the church disseminate its “product” to the people in the organization? How should this influence leadership in organizations?
Requirements:
- Your summary should be between 500 and 750 words (not including the title and references pages).
- Use proper APA formatting and citations throughout
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