Robert Hope Received a Welcome Surprise in This Management Science

question 34

Essay

Robert Hope received a welcome surprise in this management science class;the instructor has decided to let each person define the percentage contribution to their grade for each of the graded instruments used in the class.These instruments were: homework,an individual project,a mid-term exam,and a final exam.Robert's grades on these instruments were 75,94,85,and 92,respectively.However,the instructor complicated Robert's task somewhat by adding the following stipulations:
• homework can account for up to 25% of the grade,but must be at least 5% of the grade;
• the project can account for up to 25% of the grade,but must be at least 5% of the grade;
• the mid-term and final must each account for between 10% and 40% of the grade but cannot account for more than 70% of the grade when the percentages are combined;and
• the project and final exam grades may not collectively constitute more than 50% of the grade.The following LP model allows Robert to maximize his numerical grade.
Let W₁= weight assigned to homework W₂= weight assigned to the project W₃= weight assigned to the mid-term
W₄= weight assigned to the final


12 Both Exams 0.65 0.70
13 Final & Project 0.5 0.50
What values would you enter in the Risk Solver Platform RSP)task pane for the cells in this Excel spreadsheet implementation of this problem?
Objective Cell: Variables Cells: Constraints Cells:

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Definitions:

Academic Aptitude

The capability to succeed in educational settings, often measured by tests and assessments designed to evaluate one's learning potential or intellectual ability.

Social Intelligence

The capacity to understand and manage people effectively, navigate social complexities, and make wise decisions in social contexts.

Managing Ourselves

The process of taking responsibility for one’s own actions and wellbeing, including self-regulation and self-improvement.

Emotional Intelligence

The skill to identify, comprehend, control, and utilize emotions successfully in oneself and others.