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Discussion Topic 4:Suppose you face a decision making process at home such as purchasing necessities paying bill etc. Set up a linear programming model in words and discuss what your objective function decision variable and constraints would be.
1. Original Analysis (150+ words): Each student will read the discussion topic and will apply concepts and theory taught in that week to the real-world situations. This is to be posted on the Discussion Board by end of Day 3 (Wednesday) each week (30 points)
Discussion Topic 3:Provide one example of how a time series technique could be used in the business world to help firms decision making process
1. Original Analysis (150+ words): Each student will read the discussion topic and will apply concepts and theory taught in that week to the real-world situations. This is to be posted on the Discussion Board by end of Day 3 (Wednesday) each week (30 points)
Discussion Topic 2:Discuss how you would deal with uncertainty at your workplace or at home using the decision tree analysis
1. Original Analysis (150+ words): Each student will read the discussion topic and will apply concepts and theory taught in that week to the real-world situations. This is to be posted on the Discussion Board by end of Day 3 (Wednesday) each week (30 points)
Discussion Topic 1:Suppose there are two events A and B. Can P(AUB) is greater than or equal to P(A)? Discuss why (or why not) using the concepts and theory you learned from Chapter 2.
1. Original Analysis (150+ words): Each student will read the discussion topic and will apply concepts and theory taught in that week to the real-world situations. This is to be posted on the Discussion Board by end of Day 3 (Wednesday) each week (30 points)
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