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Modeling and Analysis Competency Demonstration Project

The “Modeling & Analysis Competency Demonstration Project” is designed to assess your ability to use the skills in linear modeling, linear systems & programming, and counting techniques that you’ve learned in a practical real-world application. The project scenario is a small-business startup and does not focus on EVERY aspect of a small business startup, but does focus on cost optimization and profit/loss calculation and prediction through the use of linear modeling and linear programming.

Instructions:

  1. Access (and download if you like) the business case study (in either MS Word of PDF format) from Content > Competency Demonstration Projects > Modeling & Analysis Competency Demonstration Project in our LEO classroom.
  2. Perform each of the 10 required tasks to the best of your ability. Note that some of the tasks require calculations, others require linear equation construction, still others require graphing. PLEASE show all your work when doing calculations, equation construction and graphing if you want me to consider awarding partial credit! I cannot give partial credit if you don’t show your work!
  3. Compile your submission. Be sure your submission includes:
    1. Answers to the questions posed in each of the 10 tasks;
    2. Required graphs (2) and whatever supporting graphs you wish to include
    3. Whatever work supporting your answers that you wish me to consider for partial credit (of course, if you don’t submit any work and your answer is incorrect, then

Last Updated on February 11, 2019

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