are x1 ≥0‚ x2 ≥0 Maximize the profit function: p = 3x1 + 5x2 2. What are the advantages of Linear programming techniques? Ans. Advantages— 1. The linear programming technique helps to make the best possible use of available productive resources (such as time‚ labour‚ machines etc.) 2. It improves the quality of decisions. The individual who makes use of linear programming methods becomes more objective than subjective. 3. It also helps in providing better tools for
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Time Elapsed | 59 minutes out of 1 hour. | Instructions | | Question 1 2 out of 2 points | | | Determining the production quantities of different products manufactured by a company based on resource constraints is a product mix linear programming problem. Answer | | | | | Selected Answer: | True | Correct Answer: | True | | | | | Question 2 0 out of 2 points | | | ____________ solutions are ones that satisfy all the constraints simultaneously.Answer | | | |
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space or lot size. b) Decrease the money paid to employees. c) Refinance the loan at a lower rate. d) Charge more for your services. _____ 2) Which of the following is a valid objective function in linear programming? a) Max 5xy. b) Min 4x + 5y - (2/3)z. c) Max 4 x 2 + 6 Y 2. d) Min (x + y) / z. e) None of the above. ______3) The improvement in the
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Production & Operations Management–Homework 1 for Section 4 Due Tuesday October 16‚ 2012 1.1 Eastman publishing Company is considering publishing a paperback textbook on spreadsheet applications for business. The fixed cost of manuscript preparation‚ textbook design‚ and production setup is estimated to be $80‚000. Variable production and material costs are estimated to be $3 per book. Demand over the life of the book is estimated to be 4‚000 copies. The publisher plans to sell the text to college
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1.48 4.5 - (1.32+0.36+0.85+0.65) = 1.32 0.3 5. 80‚000 pounds of grade "A" tomatoes are available at 8.5 cents per pound. (provided by the Vice president of operations) 6. Sale manager re-computes the marginal profits (Exhibit 3). Linear Programming Solutions (a) How to use the crop of 3‚000‚000 lbs. of tomatoes? (b) Whether to purchase an additional 80‚000 lbs. of A-grade tomatoes? Part (a) Formulation: WA = lbs. of A-grade tomatoes in whole. WB = lbs. of B-grade tomatoes in whole
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B.Sc IInd Year (III - semester) MATHEMATICS FOR SESSION (2013 - 2014 only) Paper-I: Advanced Calculus Maximum Marks: 50 University Exam: 40 Minimum Pass Mark : 35 % Internal Assessment: 10 Time allowed: 3 Hrs. Lectures to be delivered: 5 periods (of 45 minutes duration) per week Instructions for paper-setters The question paper will consist of three sections A‚ B and C. Each of sections A and B will have four questions from the respective sections of
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------------------------------------------------------------------------------------------------------------ Week 1 Introduction Ch.1 Module 1 ------------------------------------------------------------------------------------------------------------ Week 2 Linear Programming Ch. 2 Module 2 HW#1 (LP) ------------------------------------------------------------------------------------------------------------ Week 3 LP: Sensitivity Ch. 3 Module 3 HW#2 Analysis and Computer Solution ------------
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following table gives the time‚ in minutes‚ to perform the tasks at each assembly point for the individual teams. Assembly 2 26 24 26 24 26 Point 3 40 30 28 36 30 4 30 32 36 30 40 5 26 18 18 20 24 Team A B C D E 1 20 22 24 20 20 Formulate a linear programming model that will minimize the total assembly time for a printer. 6. Why is implementation a difficult aspect of the quantitative modeling process? Caston Sigauke 2006 1 7. A post office requires different numbers of full-time employees on
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Liu‚ S. T. and Kao‚ C. (2004) Solving Fuzzy Transportation Problems Based on Extension Principles Torrens‚ P. M. (2000) Mathematical Models: How Land-use and Transportation Models Work Yu‚ X. and Luo‚ C. (2009) An Improved Graph Method for Linear Programming.
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compensation package suite to both the employee and the organization. An objective function is when you have one word that is the keyword. And that keyword is either minimized or maximized. You can do this to a name‚ colon‚ or a linear equation. “Although a particular linear program must have one objective function‚ a model may contain more than one objective declaration.” (Fourer‚ Gay‚ & Kernighan‚ 2003‚ pg. 134‚ Chapter 8). Constraints are a little different than objective functions. But they do
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