Hey guys :)
It could be that if everyone sends an email regarding the same issues, then perhaps we could have a similar situation as with Finance that we all get extra points due to issues with the paper.
Issues to address:
- The Statistics questions were wildly different to the sample questions we had prepared for and thus we could not be expected to be able to solve these new questions in such a short amount of time.
- Although we had extra time this should have been in relation to an exam of the same difficulty as last time, however this exam was much harder and so the extra time we were given in Statistics then cancels out and there is still the same issue with timing as in the last paper. Also, similarly there were a lot more calculations to do than last time which also took up a lot of time.
- Many mistakes were entirely based on having to rush through complex case study questions at such a rate, and not being able to even finish the paper.
We were not being tested on our knowledge and ability in Quants but our ability to rush and guess.
Hi guys :) If anybody is looking for a QM2 tutor, I know somebody who has a lot of experience and does really good tutoring. She's also offering it online and has done so for a while now so it works really well. She's gonna start a weekly group revising all the topics that have come up so far in QM2 before the exam in June as well. If you'd like the contact just message me on WhatsApp at 00491789149648! :)
Hi guys, I just found a great website where you can buy & sell your used university books!
It's called Study-Books. Actually pretty cool and the books look like new :)
just wanted to let you know. very nice if you wanna save some money for the next period.
check it out: www.study-books.com
So if we increase it by 1 million, it still doesn't affect the optimal solution? That wouldn't make sense.
Since the coefficient is -5 (MINUS), you have to look at the Allowable DECREASE of the coefficient. Since this is 1.167, the optimal solution is indeed not affected.
As we all know now we don’t have meetings anymore because of Covid-19. This situation is not beneficial for us since we won’t be prepare enough for the final exam.
My friends and I were thinking about a fair solution. We come up with an idea; to cancel the 2 final weeks that we won’t have (week 6&7) in the exam. We are many people that agreed with this solution, but I need more people to convince them to accept this solution. Indeed, how do you want us to pass an exam on something that we’re not able to do? What about our meetings? Quizzes? Lectures? (Even if they want to upload lectures of last year, it’s not enough)
If you agree with this solution or have another alternative, please feel free to comment on this post.
Together, we will go through this annoying situation!
Can you explain the variables please? C1 and C2 are the types of crude oils right? The first constraint means that what is produced of type A oil is at least 120000 but don't we get 0.6 from c1 and 0.4 from c2 which would imply 0.6c1 +0.4c2>= 120000 ?(same logic for the second constraint)