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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