This case presents some of the basic concepts of aggregate plan-ning by the transportation method. The case involves solving arather complex set of transportation problems. Four different con-figurations of operating plants have to be tested. The solutions‚ al-though requiring relatively few iterations to optimality‚ involvedegeneracy if solved manually. The costs are The lowest weekly total cost‚ operating plants 1 and 3 with 2closed‚ is $217‚430. This is $3‚300 per week ($171‚600 per year)or
Premium Optimization Operations research Costs
MB0048_MBA_Sem2_Fall/August 2012 Master of Business Administration - MBA Semester 2 MB0048 – Operations Research- 4 Credits Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 Maximise z = 3x1 + 4x2 Subject to constrains 5x1 + 4x2 200; 3x1 + 5x2 150; 5x1 + 4x2 100; 8x1 + 4x2 80‚ x1 0‚ x2 0 Q.2 State the ways in which customers in a queue are served. Q.3 Explain the use of simulation in networks? What are the advantages of using simulation? Q
Premium Operations research Simulation Management
UNIVERSITY OF WATERLOO CO370/CM443: Deterministic OR Models Midterm Examination – FALL TERM 2011 Thursday‚ October 20‚ 2011‚ 7-9 PM (conflict time 4:45-6:45 PM) CLOSED BOOK Surname: First Name: Signature: ID#: INSTRUCTIONS: 1. Write your name and Student ID# in the blanks above. 2. There are five questions. Some questions may be longer or more difficult than others. Read all the questions first and budget your time appropriately for each question. 3. Answer each question in your solution booklet. Problem
Premium Linear programming Optimization Price
MSE 606A-OL: Engineering Operations Management Instructor: Ahmad R. Sarfaraz‚ Ph.D. Department: Manufacturing Systems Engineering and Management Faculty Office: EA 3305; (818) 677-6229 Email: sarfaraz@csun.edu Course Text: Bernard Taylor‚ Management Science‚ 8th Edition‚ Prentice Hall‚ 2004. Hamdy Taha‚ Operations Research‚ 9th Edition Both books will be in reserved room. Course Purpose: This course is designed to ensure that students gain: An ability to use
Premium Operations research Linear programming Decision making
Assignment Two Answers Problem: 3-2 a. Find the optimal product mix? The optimal product mix is as in screenshot above‚ fields of Number to produce: Basic XP VXP 514.285714 1200 28.57143 b. If you round the values in the changing cells to the nearest integer‚ is the resulting solution still feasible? No‚ the rounded number of Product to Produce does not generate feasible solution. In order to obtain feasible solution close to optimal‚ we need to set a new Integer constraint on Number to Produce
Premium Optimization
Spreadsheet Modeling & Decision Analysis‚ 5ed Cliff T. Ragsdale Check figures for selected odd problems. Chapter 2 7. 9. 11. 13. 15. 17. 19. 21. 23. Optimal objective value = 10.55 Optimal objective value = 125 Optimal objective value = 154 Optimal objective value = 775 Optimal objective value = 32500 Optimal objective value = 0.75 Optimal objective value = 59300 Optimal objective value = 26000 Optimal objective value = 3.5 million 3. 5. 7. 9. 11. 13. 15. 17. 19. 21. 23. 25. 27. 29. 31. 33. 35
Premium Bankruptcy in the United States United States bankruptcy law Prime number
SLIDES . BY . . . . St. Edward’s Univ. . . . . . . . John Loucks © 2013 Cengage Learning. All Rights Reserved. May not be scanned‚ copied Slide 1 or duplicated‚ or posted to a publicly accessible website‚ in whole or in part. Chapter 1 Introduction Body of Knowledge Problem Solving and Decision Making Quantitative Analysis and Decision Making Quantitative Analysis Models of Cost‚ Revenue‚ and Profit Quantitative Methods in Practice © 2013 Cengage Learning. All Rights Reserved. May
Premium Decision making Decision theory Operations research
Chapter 2 Assignment questions and answers 1. A jewelry store makes necklaces and bracelets from gold and platinum. The store has 20 ounces of gold‚ 24 ounces of platinum. Each necklace requires 6 ounces of gold 3 ounces of platinum‚ whereas each bracelet requires 2 ounces of gold and 5 ounces of platinum. The store has to use a minimum of two ounces of gold. The demand for bracelet is no less than three. A necklace earns $375 in profit and a bracelet‚ $225. Formulate a linear programming model
Premium Optimization Linear programming
MANAGERIAL REPORT - Assignment 1: - Bangalore Textile Company : Bangalore textile company has in it’s a possession a plant capable of producing 6 types of suit materials . this production is currently realized by using a total of 40 machines divided in two categories ‚ which are regular machines and super machines . the regular machines can only afford the manufacturing of materials types 1 ; 2 and 3 while the super machine are more flexible because they generate all 6 material types . knowing
Premium Optimization Profit maximization Manufacturing
HISTORICAL SUMMARY YEAR CONCEPT TOOL ORIGINATOR 1910s - Principles of scientific management - Industrial psychology - Moving assembly line - Economic lot size Formalized time-study and work-study concepts Motion study Activity scheduling chart EOQ applied to inventory control Frederick W. Taylor (U S.) Frank and Lillian Gilbreth (U.S.) Henry Ford and Henry L. Gantt (U.S.) F. W. Harris (U.S.) 1930s - Quality control - Hawthorne studies of worker motivation. Sampling
Premium Operations research Linear programming Optimization