a) Solve the LP model using the graphical method and determine the optimal solution. b) Calculate slack/surplus for each constraint. c) If the RHS of constraint 1 increases by 1, by how much would the objective function value change? d) If the RHS of constraint 2 increases by 1, by how much would the objective function value change?
Q: Blue Lotus is a bike shop located near a beach resort, which rents its bikes to guests staying in…
A: Queuing theory is one of the popular concepts of operations management that studies how queues…
Q: a) Show the expression to calculate the missing forecasts from each forecasting technique. (Weighted…
A: Here, I would apply two forecasting techniques, these are exponential…
Q: L. Houts Plastics is a large manufacturer of injection-molded plastics in North Carolina. An…
A: ABC classification, also known as ABC analysis or ABC categorization, is a technique used in…
Q: Consider an allocation problem with the following cost table: Task Assigned A B с D 1 8 6 7 6 2 6 5…
A: We formulate the problem in Excel as shown below:The above table in the form of Excel formulas is…
Q: Chapter 7 accounting information systems 4. INTERNAL CONTROL Examine the flowchart for Problem 4 and…
A: Answer) The given problem describes an internal control process consisting of four successive…
Q: Murphy & sons is a company that has contracts to repair pavements for a number of London Boroughs.…
A: Annual demand (D) =48000Ordering cost (S) = 75Holding cost (H) = 0.45
Q: Managing Southwest's capacity has been somewhat simplified by strate- gic decisions made early on in…
A: Capacity management is the process of planning activities, managing the task, and optimizing the…
Q: Choose one domain from the Social Determinants of Health: Economic stability Neighborhood Education…
A: Social determinants of health help in identifying and addressing the underlying social and…
Q: Describe the adoption of a safety model and methodological framework/model.
A: Adopting security models and methodological frameworks/models refers to the implementation and use…
Q: When compared to ERP, how does Microsoft Office stand out? Can it be implemented across the board in…
A: Enterprise Resource Planning (ERP) systems and Microsoft Office are both widely used software…
Q: What are the key provisions that should be included in a business contract
A: A legally enforceable agreement addressing the purchase and sale of products or services between two…
Q: Make a 2 Statement of the problem and 5 interview questions about the topic of The significants of a…
A: For this question, first I would construct two statements of the problem, then, I would prepare five…
Q: The concept of _ (blank) _ refers to the psychological forces that determine the direction of an…
A: Using motivation as a phrase, we may say: A reason for doing anything; a cause or motive for doing…
Q: Develop an integration plan which will improve the internal supply chain operations for Pepsi Co…
A: PepsiCo Jamaica, a subsidiary of multinational food and beverage company, operates in dynamic…
Q: In the context of CRM systems, how can organizations strike a balance between automation and human…
A: Finding the sweet spot where automation and human interaction may work together is a major problem…
Q: Project Case Study: The Fyre Festival: The Greatest Party That Never Happened For easy access to…
A: The Fyre Festival was a music festival that was supposed to take place in April 2017 in the Bahamas.…
Q: The maximum value is The maximum occurs at the point
A: The LP formulation is shown below, The decision variables are X and YObjective function: MAX…
Q: What are the most important features of computer payment methods that make e-commerce and m-commerce…
A: The most important features of computer payment methods that make e-commerce (electronic commerce)…
Q: Activity A DE H F G B | 4. A construction company planned for a new project and represented the…
A: Based on the estimated durations and Variance given for each activity, we find the expected duration…
Q: Which of the following can be categorized as a good? A) Financial advice B) Digital music C) Air…
A: In the given options, "Shoes" can be categorised as a good. Goods are physical or tangible products…
Q: If you were to graph two quadratic functions on the same xy-plane, how many intersection points…
A: A quadratic function is a polynomial function with a degree of 2. It is defined by an equation of…
Q: 3. Solve the following transportation problem by UV method. 15 25 O 2 10 7 -% 9 3)-15 -12 5)-13
A: Find the given details below:
Q: Give only typing answer with explanation and conclusion 1. Assuming your level of customer service…
A: Customer service refers to the assistance and support provided by a business to its customers…
Q: Have you thought about a career in purchasing? All firms that carry inventory have purchasing…
A: A career in purchasing can be a rewarding and dynamic choice for individuals interested in supply…
Q: Some values of a function and its 3-unit moving average are given. Supply the missing information:…
A: "Since multiple questions are asked, we will answer the first question for you. If you want any…
Q: GoodsWest is a manufacturing company headquartered in Western Australia. It has five plants which…
A: Find the Given details below: Given details: Plant Market WA NT QLD NSW VIC ACT SA TAS…
Q: The three blood banks in Franklin County are coordinated through a central office that facilitates…
A: We reproduce the given table in Excel as shown below: The above tables in the form of Excel…
Q: Examine electronic payment system features to allow m-commerce and e-commerce.
A: E-payments are monetary transfers that take place digitally or electronically. Instead of physically…
Q: The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements…
A: The average monthly demand is computed as shown below: Average monthly demand = Average of demands…
Q: According to the following assignment problem, what should be the constraint associated with job B?…
A: Job Assignment-
Q: The THREE (3) types of business formations are Sole Proprietorship, Partnership, and a Registered…
A: George, a pharmacist, recently received his degree from college, having completed the majority of…
Q: Do you think that the use of Charts and Graphics is important for a Business Analysis?
A: Business analysis is the process of identifying the needs of a business organization and determining…
Q: Briefly expalin how can organizations effectively manage the risks associated with new product or…
A: The creation/development of new products or services entails a number of risks. Among the most…
Q: Please do not give solution in image format thanku e) Data collected from the Rapid Jet's check-in…
A: The average waiting time refers to the average amount of time someone or something has to wait…
Q: A coffee shop consumes 350 lbs of coffee per week at a steady rate. The coffee shop buys coffee from…
A: Demand per week = 350 lbs Demand per day = d = Demand per week7 days = 3507 = 50 lbs Lead time = L =…
Q: Enumerate what strategies can organizations use to ensure effective collaboration between different…
A: Here are effective cooperation techniques you may use in your company:Follow the example.Review the…
Q: any references for the solution?
A: Answer) Companies like Sony, Huawei, Xiaomi, and Apple are among the fierce competitors that Samsung…
Q: Pepsi-Cola was incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986.…
A: During annual audits, PepsiCo Jamaica, a subsidiary of PepsiCo, discovered inconsistencies in…
Q: The following table shows the actual demand observed over the last 11 years: 1 Year Demand 7 2 9…
A: In the Exponential smoothing forecast, a factor known as the smoothing constant is used which gives…
Q: Bangs Leisure Chairs produces three types of hand-crafted outdoor chairs: sling chairs, Adirondack…
A: We formulate the given programming problem in Excel as shown below: The above formulation in the…
Q: Pepsi-Cola was incorporated in Delaware in 1919 and reincorporated in North Carolina in 1986.…
A: Pepsi Co Jamaica, a PepsiCo subsidiary, intends to align its operations with global standards in…
Q: 11. A company that produces hair dryers makes its heating elements in house. Those pieces can be…
A: Economic production quantity is a model that is used in the management of inventory that helps in…
Q: What are some common challenges and issues faced in staffing, such as talent shortages, turnover,…
A: Staffing is critical aspect of human resource management that involves attracting, selecting, and…
Q: Prepare a comparative analysis of the practice of risk management in South Africa and other…
A: Risk management plays a crucial role in mitigating potential threats and maximising opportunities…
Q: a) Show the expression to calculate the missing forecasts from each forecasting technique. ompany.…
A: wt-1 = 0.4 wt-2 = 0.3 wt-3 = 0.3 n= 3 alfa = 0.3
Q: Describe the key purpose of a compensation system
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: In order to illustrate the process of evaluating the programme structure, please provide multiple…
A: Evaluating the program structure is critical step in assessing the effectiveness & efficiency of…
Q: Due of its global virtual nature, GM faces information and ethical issues. Mason found four. Discuss…
A: General Motors (GM) is a well-known worldwide automaker with a long history and a wide range of…
Q: What are the key elements of a sustainable business strategy that enables companies to balance…
A: In the current business environment, the concept of sustainability has gained much more significant…
Q: 12. A restaurant uses an average of 8 jars of a special sauce every day. When they place an order,…
A: Daily demand (d) = 8 jarsLead Time (L) = 1 dayStandard Deviation of daily demand (σd) = 3 jars Stock…
Step by step
Solved in 9 steps with 39 images
- Solve Problem 1 with the extra assumption that the investments can be grouped naturally as follows: 14, 58, 912, 1316, and 1720. a. Find the optimal investments when at most one investment from each group can be selected. b. Find the optimal investments when at least one investment from each group must be selected. (If the budget isnt large enough to permit this, increase the budget to a larger value.)Consider the following LP problem: Min 6X+ 18Y; Subject to : 3 X + 9Y <= 47, and X + Y <= 141. Which one of the following is true?: a. Slack for each constraint is zero. b. Optimal Obj. function value is 94 c. X=70.5, Y=70.5 is the only optimal solution. d. Optimal Obj. function value is 0Graph all constraints. Label each constraint line to identify which it represents.1.What are the corners point of the feasible region?2.compute the profit at each feasible corners points3.what is the optimal solution?4.What is the maximun profit?
- Consider the following LP problem: Min 6X+ 27Y Subject to : 2 X + 9Y => 25, and X + Y <= 75. Pick a suitable statement for this problem: a. X=37.5, Y=37.5 is the only optimal solution. b. Optimal Obj. function value is 75 c. X = 0, Y = 0 is the only optimal solution. d. Optimal Obj. function value is 0Given this linear programming model, solve the model and then answer the questions that follow. Maximize Z = 12x1 + 18x2 + 15x3 where x1 = the quantity of product 1 to make, etc. Subject to Machine: 5x 1 + 4x 2 + 3x 3 ≤ 160 minutes Labor: 4x1 + 10x2 + 4x3 ≤ 288 hours Materials: 2x 1 + 2x2 + 4x3 ≤ 200 pounds Product 2: x2 ≤ 16 units x1, x2, x3 ≥ 0 a) Are any constraints binding? If so, which one(s)? b) If the profit on product 3 were changed to $22 a unit, what would the values of the decision variables be? The objective function? Explain. c) If the profit on product 1 were changed to $22 a unit, what would the values of the decision variables be? The objective function? Explain. d) If 10 hours less of labor time were available, what would the values of the decision variables be? The objective function? Explain. e) If the manager decided that as many as 20 units of product 2 could be produced (instead of 16), how much additional profit would be generated? f) If profit per unit on each…Given the linear program Max 3x+4y S.T. -x+2y</=8 x+2y</=12 2x+y</= 16 x,y>/=0 A. Write the problem in standard form. Identify slack/surplus variables. B. Find all the extreme points. List the value for x and y at each extreme point. C. What is the optimal solution? D. What are the values of the slack/surplus variables at the optimal solution?
- Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pen...Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.Fliptop Model Tiptop Model AvailablePlastic 3 4 36Ink Assembly 5 4 40Molding Time 5 2 30The profit for either model is $1000 per lot.What is the linear programming model for this problem?What are the boundary points of the feasible region?What is the profitability at each boundary point of the feasible region?Find the optimal solution.Max 30x1 x2 s.t. 2x1 x2 ≤ 4 2x1 2x2 ≤ 6 x1, x2 ≥ 0 (a) Solve graphically and state the optimal solution. (b) Keeping all the other data as is, what per unit profitability should the product, whose current optimal value is zero, have in order that this product enter the optimal solution at a positive level? (c) How many optimal corner solutions exist after making the change described in part (b)? What are they? (d) In the original problem, how much can the right-hand side (RHS) of the second constraint be increased (or decreased) before the optimal solution is changed? (e) Answer part (d) for the RHS of the first constraint. (f) How do you explain the difference between parts (d) and (e)? (g) What will be the impact of adding the constraint 4x1 x2 = 4 to the original model? (h) What is the impact (on the optimal solution) of adding the constraint 3x1 3x2 ≤ 15 to the original model? (i) Fill in the blanks: The difference between parts (g) and (h) is that the original optimal solution…I will need the excel "solver" solution to be able to solve. #4) Solve the following LP Maximize $5x + $6y Subject to 2x + 3y ≤ 10 (labor, in hours) 6x + 6y ≤ 36 (materials, in pounds) 7x + 5y ≤ 40 (storage, in square feet) x, y ≥ 0 a) Write the original optimal solution and objective function value. b) What is the optimal solution and objective function value if you acquire 2 additional pounds of material? c) What is the optimal solution and objective function value if you acquire 1.5 additional hours of labor? d) What is the optimal solution and objective function value if you give up 1 hour of labor and get 1.5 pounds of material? e) What is the optimal solution and objective function value if you introduce a new product that has a profit contribution of $2? Each unit of this product will use 1 hour of labor, 1 pound of material, and 2 square feet of storage space.
- Set up the simplex matrix used to solve the linear programming problem. Assume all variables are nonnegative.Maximize f = 5x + 9y subject to 8x + 5y ≤ 200 x + 6y ≤ 250. x y s1 s2 f first constraint second constraint objective functionUse Sensitivity Information. If the right hand side of constraint 1 increases by 9 units, what answer characterizes the impact on the optimal solution?Using Excel Solve the following LP Maximize $4x + $5y Subject to 2x + 3y ≤ 20 (labor, in hours) 6x + 6y ≤ 36 (materials, in pounds) 4x + 4y ≤ 40 (storage, in square feet) x, y ≥ 0 a) Write the original optimal solution and objective function value. b) What is the optimal solution and objective function value if you acquire 2 additional pounds of material? c) What is the optimal solution and objective function value if you acquire 1.5 additional hours of labor?