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Business Analytics · End Term · 28 Apr 2024 · January 2024 term

Question 15: There are 6 business units where we measure the efficien…

Question 15

+1.5 marksNumerical answer

There are 6 business units where we measure the efficiency based on two outputs and one input. You are solving the optimization problem for business unit 6 and find that the efficiency is 0.75. You find that the dual variables corresponding to the constraints of business units 4 and 5 are non-zero and the dual variables corresponding to the constraints of other units are zero. The dual variables corresponding to the constraints of business units 4 and 5 are 0.35 and 0.4 respectively. You are given the following table where sales and loyal customers are the two outputs.

Based on the above data answer the given subquestion.

How much is the sales in BU 4?
Hint: Round-off up to 2 decimal places

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Correct answer: 9933.5 (accepted within ±0.5)

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Question 15 of 32 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 28 Apr 2024, in the January 2024 term (IIT M FOUNDATION DIPLOMA AN EXAM QDF3 28 Apr 2024). It carries 1.5 marks.

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