ASSIGNMENT Instruction: Apply the Stepping Stone Method to determine the optimal solution using the initial table obtained from Minimum Cost Method. Write your answer on a clean sheet of paper and upload it to the google classroom. Destination Source Greenhills Ayala Cebu Clark Supply 650 850 450 900 Baguio 70 1200 400 300 750 Iloilo 115 1100 600 700 800 Davao 60 245 245 Demand 50 90 25
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1. Solve for minimum cost method and stepping stone method
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- The government of Grenada wishes to rebuild the West coast road that leads to the north of the island to help alleviate traffic congestion and to provide users with a safer road network. The government of Grenada has approached two (2) contractors for an estimate. They are required to submit a proposal that details the cost combination of labour (L), machinery (M), and technology (T) in achieving their expected total cost, total profit, and total revenue. Contractor 1 Two labour, four machinery, and three technology will result in a total cost of thirty-three dollars. While one labour, two machinery, and one technology give a total profit of fifteen dollars. Lastly, ten labour, five machinery, and six technologies result in total revenue of eighty-three dollars. Contractor 2 No Proposal was submitted. a) From Contractor I's proposal, derive three (3) simultaneous equations. b) From the answer to part a) above, set these equations in matrix form c) Given that the government of Grenada…The government of Grenada wishes to rebuild the West coast road that leads to the north of the island to help alleviate traffic congestion and to provide users with a safer road network. The government of Grenada has approached two (2) contractors for an estimate. They are required to submit a proposal that details the cost combination of labour (L), machinery (M), and technology (T) in achieving their expected total cost, total profit, and total revenue. Contractor 1 Two labour, four machinery, and three technology will result in a total cost of thirty-three dollars. While one labour, two machinery, and one technology give a total profit of fifteen dollars. Lastly, ten labour, five machinery, and six technologies result in total revenue of eighty-three dollars. Contractor 2 No Proposal was submitted. From Contractor 1’s proposal, derive three (3) simultaneous equations. b) From the answer to part a) above, set these equations in matrix form c) Given that the government of Grenada…Asap plz handwritten solution acceptable Will definitely upvote Need urgently
- Plz asap will definitely upvote handwritten solution acceptable Need urgentlyPlz asap handwritten solution acceptable Will definitely upvote Need urgentlyA fibre glass company is considering the possibility of introducing a new product.Because of the expense involved in developing the initial moulds and acquiring thenecessary equipment to produce fibreglass, it has decided to conduct a pilot study tomake sure that the market will be adequate. They estimate that the pilot study will cost£12,000. Furthermore, the pilot study can be either successful or unsuccessful. The basicdecisions are to build a large manufacturing facility, a small manufacturing facility, orno facility at all. With a favourable market, the company can expect to make £100,000from the large facility or £60,000 from the smaller facility. If the market is unfavourable,however, they estimate that they would lose £40,000 with a large facility, while theywould lose only £30,000 with the small facility. The company estimates that theprobability of a favourable market given a successful pilot study is 0.7. The probabilityof an unfavourable market given an unsuccessful pilot…
- Automobile manufacturer Gruman has identified a vehicle quality issue with the bumpers theyare using on their mid-size sedan. Customers with these vehicles are suffering substantialdamage and repair costs in low-speed impacts to the bumpers. The company has been solicitingproposals for a new collapsible bumper system to upgrade the performance of their sedans to beequal to the industry average of $400 or less in a collision impact of ≤15 miles per hour (mph).Gruman Engineers believe they have found a bumper system that will meet this requirement. Todemonstrate it, they crashed six sedans with this bumper into a barrier at 15 mph, submitted themfor repairs and recorded the cost of the repairs. The mean and standard deviation of the costs arefound to be $458 and $48, respectively. At the α = .05 significance level, does the test datacontradict the manufacturer’s claim that the repair cost does not exceed $400? a)What is known? What information AND data does the problem provide? Provide a…The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 750 homeless patients and no more than 900 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $9,500 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $8,000 per month. How many of each type of patient should it house in order to maximize profit? HINT [See Example 3.] (If an answer does not exist, enter DNE.) high-income patients: homeless: profit:The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 760 homeless patients and no more than 800 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 2,100 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $9,800 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $7,800 per month. How many of each type of patient should it house in order to maximize profit? (If an answer does not exist, enter DNE.) high-income patients homeless patients profit
- The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 700 homeless patients and no more than 620 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $13,000 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $9,000 per month. How many of each type of patient should it house in order to maximize profit? Group of answer choices A)700 homeless patients and 1,100 high-income patients B)1,200 homeless patients and 600 high-income patientsC)700 homeless patients…The Megabuck Hospital Corp. is to build a state-subsidized nursing home catering to homeless patients as well as high-income patients. State regulations require that every subsidized nursing home must house a minimum of 700 homeless patients and no more than 620 high-income patients in order to qualify for state subsidies. The overall capacity of the hospital is to be 1,800 patients. The board of directors, under pressure from a neighborhood group, insists that the number of homeless patients should not exceed twice the number of high-income patients. Due to the state subsidy, the hospital will make an average profit of $13,000 per month for every homeless patient it houses, whereas the profit per high-income patient is estimated at $9,000 per month. How many of each type of patient should it house in order to maximize profit?Please help with iv v and vi with a step by step process on how we get the optimal tableau