Case Problem "Julia's Food Booth"
murhylAssignment #3: Case Problem "Julia's Food Booth"
Complete the "Julia's Food Booth" case problem on page 109 of the text. Address each of the issues A - D according the instructions given.
- (A) Formulate and solve an L.P. model for this case.
- (B) Evaluate the prospect of borrowing money before the first game.
- (C) Evaluate the prospect of paying a friend $100/game to assist.
- (D) Analyze the impact of uncertainties on the model.
The assignment will be graded using the associated rubric.
Outcome Assessed: |
|
Grading Rubric for Assignment - Assignment #4 Case Problem There are 12 points in each of the five criteria for a total of 60 points possible |
Criteria | 0 Unacceptable (0 points) | 1 Developing (6 points) | 2 Competent (9 points) | 3 Exemplary (12 points) |
1. Formulate an LP model for this case. (Part A). | Did not submit or LP model is not sufficiently attempted and does not demonstrate a. recognizable attempt to model this case. | LP model is partially correct, but has errors in the objective function or constraints. Described with 70 - 79% accuracy, clarity, and completeness. | LP model has objective function and most constraints correctly specified. Described with 80 - 89% accuracy, clarity, and completeness. | LP model has objective function and all constraints fully and correctly specified. Described with 90 - 100% accuracy, clarity, and completeness. |
2. Solve the linear programming model formulated in Criterion 1 (Part A) | Did not submit or did not solve the linear programming model accurately. | Solved the linear programming model with 70 - 79% accuracy. | Solved the linear programming model with 80 - 89% accuracy. | Solved the linear programming model with 90 - 100% accuracy. |
3. Evaluate the prospect of borrowing money before the first game. (Part B). | Did not submit or did not evaluate accurately. | Evaluated and explained with 70 - 79% accuracy. | Evaluated and explained with 80 - 89% accuracy. | Evaluated and explained with 90 - 100% accuracy. |
4. Evaluate the prospect of paying a friend $100/game to assist. (Part C) | Did not submit or did not evaluate accurately. | Evaluated and explained with 70 - 79% accuracy. | Evaluated and explained with 80 - 89% accuracy. | Evaluated and explained with 90 - 100% accuracy. |
5. Analyze the impact of uncertainties in the model. (Part D) | Did not submit or did not analyze accurately. | Analyzed the impact with 70 - 79% accuracy, logic, and completeness. | Analyzed the impact with 80 - 89% accuracy, logic, and completeness. | Analyzed the impact with 90 - 100% accuracy, logic, and completeness. |
- 11 years ago
- 20
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