Homework 12 Rock ‘n’ Rap Gabriel Gonzalez Block: 4 It costs the company an average of $15‚000 to produce a rock CD and an average of $12‚000 to produce a rap CD. Also‚ it takes about 18 hours to produce a rock CD and about 25 hours to produce a rap CD. The company can afford to spend up to $150‚000 on production next month. Also‚ the company will spend at least 175 hours on production. The company earns $20‚000 in profit on each rock CD it produces and $30‚000 in profit on each rap
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25/12/2012 IE 251 Assigning Regions to Sales Representatives at Pfizer Turkey Group Members: TABLE OF CONTENTS 1. INTRODUCTION 3 2. WORK CONDUCTED IN CASE STUDY 3 3. Mathematical Model 5 4. SENSITIVITY ANALYSİS 6 5. CONCLUSİON
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Executive Summary Overview Agrifarm Company is in the business of buying and selling grain. The company wants to increase profitability by ensuring that shipping costs are kept low. All is shipments come from 3 rail cars origins. In addition‚ all shipments must be routed through either of two grain processing centers before sending them to the final customer. The object is to minimize the total shipping cost‚ therefore selecting the proper shipping route for each carload. Problem There is a
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Quantitative Methods: MAT540 Quiz 5 • Question 1 If we are solving a 0-1 integer programming problem‚ the constraint x1 ≤ x2 is a conditional constraint. Answer Selected Answer: True Correct Answer: True • Question 2 If we are solving a 0-1 integer programming problem with three decision variables‚ the constraint x1 + x2 + x3 ≤ 3 is a mutually exclusive constraint. Answer Selected Answer: False Correct Answer: False • Question 3 If we
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Assume that you are a management scientist‚ and advice one of your client on diversifying his/her investments. This client has invested significant amount of his/her gratuity in the stock of company A. Since the rate of return of company A’s stock is moderate‚ s/he wants to earn more from the investments‚ and at the same time‚ s/he is reluctant to involve in risk-taking activities. So s/he expects your advice on portfolio investments which will guarantee the client minimum 13 percentage of return
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Hart Venture Capital Case Problem 3 After performing an analysis of HVC’s investment problem‚ I found that the company’s objective was to maximize the net present value of the total investment in Security Systems and Market Analysis. To find the maximum net present value and analyze the numbers‚ I set up the model shown below. Max 1‚800‚000*SS + 1‚600‚000*MA s.t. 600‚000*SS + 500‚000*MA ≤ 800‚000 600‚000*SS + 350‚000*MA ≤ 700‚000 250‚000*SS + 400‚000*MA ≤ 500‚000 SS‚MA ≥ 0 After
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Problem Introduction Julia Robertson‚ a senior at Tech‚ is investigating different way to finance her final year at school. She is considering opening a food booth outside the stadium at the home football games. We are asked to formulate and solve the linear program in excel‚ write the sensitivity ranges for the objective function coefficients and the constraint quantity values then determine if Julia were to borrow some money from a friend before the first game to purchase more ingredients‚ could
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Date 11/10/2013 42401 Project Assignment 1 Scheduling of the Central Security Checkpoint GAMS and Excel This report has been generated using GAMS as the solver and then Excel to process and visualize the results. In GAMS‚ two sets has been used. One set for the shifts‚ and another for the timeslots. Since in GAMS it is not allowed to have “.” or “‚” in a set name‚ the timeslots has been denoted 4:30=45. A file which
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College of Management‚ NCTU Operation Research I Fall‚ 2008 Chap8 The Transportation and Assignment Problems Example: Three canneries and four warehouse Shipping Cost per Truckload Output Warehouse 1 2 3 4 464 513 654 867 75 1 Cannery 352 416 690 791 125 2 995 682 388 685 100 3 80 65 70 85 Allocation xij = the number of truckloads to be shipped from cannery i to warehouse j. The Transportation Problem Distribute goods from sources to destinations with
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Supplemental Instruction (SI) EXAMPLE WORD DOC FOR MAT540 SI provided by Professor Aungst (students should personalize their case study using their own words/thoughts/style‚ this example is provided as a simple template just to get you started. Your actual Course Professor may provide other guidance‚ too.) Week 7‚ Assignment 3 Quantitative Methods - MAT540 Case Analysis Paper Julia’s Food Booth Chapter 3‚ page 109 Student Name Date Professor ____________________
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