Develop an optimization model for a data set of interest to study the impact of decreasing and increasing the inventory management on a retailer company’s customer service. The data for the study shall be related to a retailer company such as Amazon, Wal Mart, Target, …etc. A comparison of operations before and after the recommendation should be given. The term project should use at least some of the modeling concepts introduced in the course (refer to course syllabus).
The project should consist of a background about a real-life business case study, reviewing some recent related literature, necessary data for the modeling, developing or using an appropriate mathematical model, solving and analysis of the case. The final report and the presentation of the project should be written in excellent English and address all concerned questions and sensitivity analysis. Detailed computing outputs should be included in an Appendix.
The report style should be as follows:
1) Background about the problem and why it is important to study.
2) Literature review of related recent studies, relevant to the topic (a minimum of 8 journal articles no older than 5 years).
3) Model suggestion and justifications for selecting the model.
4) Data collections and analysis.
5) A model solution along with sensitivity analysis.
6) Results, conclusions, and recommendations.
7) Appendix to include computer outputs (with all input data too).
he use of prerogative powers under the direction of the executive is a contentious subject that has been long faced by both historical and contemporary political theorists. Allowing for the exercise of extra-legal powers set within John Locke’s Second Treatise of Government’s (1689) account of political authority, Lockean prerogative theory aims to set forward the boundaries for the scope of prerogative and the ability for the successful and appropriate application of such powers during contingency and necessity. Locke’s description of prerogative is embedded in an account of political legitimacy according to the separation of powers doctrine; the legislature in a parliamentary system is considered an independent and coequal branch of government along with the executive. Despite this however, one may construe a significant power imbalance between the single-agent executive and the legislative, as a result of the large scope for prerogative imbued upon the executive which may go unchecked. John Locke’s theory and understanding of the intricate relationship between executive powers relative to that of the legislature are critical to his theory regarding the scope of administrative prerogative, specifically concerning the complex politics of resistance. John Locke describes prerogative as the ‘power to act according to discretion, for the public good, without the prescription of the law, and sometimes even against it’; therefore stating that the executive is capable of taking actions that lie beyond the given legal framework of the constitution or written laws, in the case that their actions may advance the common good of the people, and of society as a whole. Ensuring their use for the advancement of the common good of the people and the understanding that prerogative powers are not imbued as a natural right, Locke emphasises that these powers are accompanied by the right to resist unlawful government by the people. It is for this reason that for many theorists, Locke is viewed more critically as the ‘origin of our contemporary tangle of lawless emergency governance’. Locke’s theory allows for governments, and executive bodies to step outside of the law in order to deal with public concern or emergency; “where the legislative and executive power are in distinct hands, (as they are in all moderated monarchies, and well-framed governments) there the good of the society requires that several things should be left to the discretion of him that has the executive power”; therefore one may show an understanding of prerogative as a liminal concept: occupying an “in-between” space for the legislature and the executive, it is this liminality that e>GET ANSWER