A Manager has the problem of assigning four new machines to three production facilities. The respective profits derived are as shown. If only one machine is assigned to a production facility, determine the optimal assignment. Profits (K’000) production facility Machine A B C A 10 10 14 B 10 11 13 C 12 10 10 D 13 12 1
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- A Manager has the problem of assigning four new machines to three production facilities. The respective profits derived are as shown. If only one machine is assigned to a production facility, determine the optimal assignment.
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- A Manager has the problem of assigning four new machines to three production facilities.The respective profits derived are as shown. If only one machine is assigned to a productionfacility, determine the optimal assignment.Profits ($’000) production facilityMachine A B CA 10 10 14B 10 11 13C 12 10 10D 13 12 11(c) Use Simplex method toMaximize 1 2 Ζ = 4x +10xSubject to 1 2 2x + x ≤ 501 2 2x + 5x ≤1001 2 2x + 3x ≤ 901 2 x , x ≥ 0QUESTION TWOA decision problem has the following three constraints: 70X + 6Y <= 420; 24X + 3Y= 72; and 11X - Y <= 14 . The objective function is Min 17X + 38Y . The objective function value is : a. 338 b. 676 c. unbounded d. infeasible e. 0Your objective function is the following MAX 15 A + 10 B Find the endpoints for an iso-profit line of $600
- A firm operates two types of machines A and B as shown in the table. Type A Type B Maximum Space Available Floor Space Available 3 2 18 Number of Workers 5 3 30 The ratio of machines of type A to those of type B should be greater than one. Tasks Define the term linear programming Write down four inequalities to represent the information above. If the profit from using type A machine is Shs 6000 per hour and that of B is Shs 9000 per hour, write down the expression for the profit in terms of and Find the number of machines of each type that should be in operation to give the maximum profit. Hence find the maximum profit What advice do you give to this company’s managerA cement company has 3 (three) factories in different locations, namely in A, B, and C. Production costs in A are Rp. 600,000 per ton, in B Rp. 400,000 per ton and in C Rp. 500,000,- per ton. Each factory currently only produces 100,000 tons per day according to market demand, even though the actual installed capacity of the three factories can produce 120,000 tons per day. The company sends production from the three factories to 3 (three) distributor locations, namely X, Y, and Z. The demand for Distributor X is 100,000 tons per day, Distributor Y is 120,000 tons per day, and Distributor Z is 80,000 tons per day. The company wants to use warehouses located at J and K with a storage capacity of 125,000 tons and 175,000 tons per day respectively and shipping costs (in thousands of rupiah) as shown in the table below. The value "M" means it is not possible to make a delivery. Note: “x” in the table denoted by the last number of your ID number. Example, if my ID is 2602296545, then the…Perdaris Enterprises had an expenditure rate of E′(x) = e0.1x dollars per day and an income rate of I′(x) = 98.8 - e0.1x dollars per day on a particular job, where x was the number of days from the start of the job. The company’s profit on that job will equal total income less total expenditures. Profit will be maximized if the job ends at the optimum time, which is the point where the two curves meet. Find the following.(a) The optimum number of days for the job to last(b) The total income for the optimum number of days(c) The total expenditures for the optimum number of days(d) The maximum profit for the job
- Find the minimum value of the function z=2x+2y subject to the following constraints. x≤17 y≤16 5x+2y≥42 3x+11y≥84A company has three plants at location A,B and C which produce the same product. It has to supply this to buyers located at P, Q and R. The weekly plant capacities for A, B and C are 250, 800 and 350 units respectively, while the buyer requirements are 700, 200 and 500 for P, Q and R respectively. The unit shipping cost (in Ksh) are given as Plant Buyer P Buyer Q Buyer R A 8 4 10 B 9 7 9 C 6 5 8 Determine the distribution for the company so as to minimize the cost of transportation using least cost method.Assume that the Wisconsin Cheese Factory currently operates a large facility in Madison, WI. The owner, however, is concerned about concentration of risk and has decided to open up two new facilities to lessen that concentration, one in St. Cloud, MN, and the other in Iowa City, IA. Total production, while slightly less profitable overall because of additional operational costs, remains the same, with 1/3 at each location. This action is an example of _______. profit maximization loss reduction loss prevention risk avoidance
- A manufacturer produces two types of calculator; each requiring material and labour as shown below: Input Scientific Calculator Graphic Calculator Availability Labour (hrs) 4 5 200 Inspection time 2 1 80 Material (cm2) 10 12 600 PROFIT $200 $300 Write the objective function and he constraints Diagram the constraint and identify the feasible region Using the corner point method, identify the production level that meets the objective of maximum profitSuppose a company must service customers lying inan area of A sq mi with n warehouses. Kolesar and Blumhave shown that the average distance between a warehouseand a customer is An Assume that it costs the company $60,000 per year tomaintain a warehouse and $400,000 to build a warehouse.(Assume that a $400,000 cost is equivalent to foreverincurring a cost of $40,000 per year.) The company fills160,000 orders per year, and the shipping cost per order is$1 per mile. If the company serves an area of 100 sq mi,then how many warehouses should it have?Mr. Smith is a rentier, he lives on renting apartments. However, these days he has to sell one of his apartments to get a big money. He hesitates which of three apartments of his to sell. Help Mr. Smith to make the right decision if you know the following: The present prices per m2 in the three locations equal: A) 4000, B) 5000, C) 6000 goldies, respectively. However, the long-run prices of those real estates are: A) 5000, B) 6000, and C) 7000 goldies, whereas the respective standard deviations are A) 400, B) 500, and C) 250 goldies.