ind the a. decision variables b. objective function c. constraints
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- At a machine tool plant, five jobs must be completedeach day. The time it takes to do each job depends on themachine used to do the job. If a machine is used at all, thereis a setup time required. The relevant times are given inTable 20. The company’s goal is to minimize the sum of thesetup and machine operation times needed to complete alljobs. Formulate and solve (with LINDO, LINGO, or ExcelSolver) an IP whose solution will do this. Machine 1 2 3 4 5 Time (Minutes)1 42 70 93 X X 302 X 85 45 X X 403 58 X X 37 X 504 58 X 55 X 38 605 X 60 X 54 X 20You own a wheat warehouse with a capacity of 20,000 bushels. At the beginning of month 1, you have 6,000 bushels of wheat. Each month, wheat can be bought and sold at the price per 1000 bushels given in the Table Month Selling price Purchase price 1 3 8 2 6 8 3 7 2 4 1 3 5 4 4 6 5 3 7 5 3 8 1 2 9 3 5 10 2 5 The sequence of events during each month is as follows:a. You observe your initial stock of wheat.b. You can sell any amount of wheat up to your initial stock at the current month’s selling price.c. You can buy (at the current month’s buying price) as much wheat as you want, subject to the warehouse size limitation.Your goal is to formulate an LP that can be used to determine how to maximize the profit earned over the next 10 months and solve using Excel solverA janitorial service, Mother’s Helpers, provide workers to clean office buildings during late evening hours using workers with two skill levels, 1 and 2. Each level 1 person is paid $12 per hour and each level 2 person is paid $8 per hour. The workers wash floors and vacuum offices. Each level 1 person can vacuum 9 offices per hour, whereas level 2 person can vacuum only 2 offices per hour. Each level 1 person can wash 2 floors per hour; whereas level 2 person can wash 3 floors per hour. In order to complete a new job in the allotted time, 18 offices must be vacuumed per hour and 12 floors must be washed per hour. Use Excel and determine the number of each type of person that will be needed to complete the job within the allotted time and minimum cost and provide algebraic model
- (Please use the format in the other Spreadsheet Image) Model Inc. has to transport 100 bags of Type A bags, 100 bags of Type B bags, and 100 bags of Type C bags. They can hire Truck and Mini vans. Each truck can carry 10 bags of Type A bags, 20 bags of Type B bags, and 10 bags of Type C bags. On the other hand, each minivan can carry 20 bags of Type A bags, 5 bags of Type B bags, and 10 bags of Type C bags. Each truck's rental cost is $1000 and each minivan's rental cost is $850. There are only 5 truck drivers available to drive the trucks(Hint: number of trucks should be less than or equal to 5). If Model Inc wants to minimize the transportation cost, how many trucks and vans should they rent? (Possible Answer: $9100)The Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) Minimize the under and…The Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. a) Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) b) Minimize the under…
- The Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal, and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. a) Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) b) Minimize the…Based on Zangwill (1992). Murray Manufacturing runs a day shift and a night shift. Regardless of the number of units produced, the only production cost during a shift is a setup cost. It costs $8000 to run theday shift and $6000 to run the night shift. Demand for the next two days is as follows: day 1, 4000; night 1, 3000; day 2, 2000; night 2, 5000. It costs $1 per unit to hold a unit in inventory for a shift.a. Determine a production schedule that minimizes the sum of setup and inventory costs. All demand must be met on time. (Note: Not all shifts have to be run.)b. After listening to a seminar on the virtues of the Japanese theory of production, Murray has cut the setup cost of its day shift to $1000 per shift and the setup cost of its night shift to $3500 per shift. Nowdetermine a production schedule that minimizes the sum of setup and inventory costs. All demand must be met on time. Show that the decrease in setup costs has actually raised the average inventorylevel. Is this…Tiny Toy Company makes three types of new toys: the tiny tank, the tiny truck, and the tiny turtle. Plastic used in one unit of each is 1.5, 2.0 and 1.0 pounds, respectively. Rubber for one unit of each toy is 0.5, 0.5, and 1.0 pounds, respectively. Also, each tank uses 0.3 pounds of metal, and the truck uses 0.6 pounds of metal during production. The average weekly availability for plastic is 16,000 pounds, 9,000 pounds of metal, and 5,000 pounds of rubber. It takes two hours of labor to make one tank, two hours for one truck, and one hour for a turtle. The company allows no more than 40 hours a week for production (priority #1). Finally, the cost of manufacturing one tank is $7, 1 truck is $5 and 1 turtle is $4; a target budget of $164,000 is initially used as a guideline for the company to follow. Minimize over-utilization of the weekly available supply of materials used in making the toys and place twice as much emphasis on the plastic (priority #2) I understand…
- You own a wheat warehouse with a capacity of 20 bushels. At the beginning of month 1, you have 6 bushels of wheat. Each month, wheat can be bought and sold at the prices per one bushel shown in the above table. The sequence of events during each month is as follows: You observe your initial stock of wheat. You can sell any amount of wheat up to your initial stock at the current month's selling price. You can then buy as much wheat as you want, subject to the warehouse capacity Determine how to maximize the profit earned over the next 10 months.A call center employs 1,425 agents. Every month 57 employees leave the company and 57 new employees are hired. a. How long on average does an agent work for this call center (in months) Suppose the cost of hiring and training a new agent is $1,140. The manager of this call center believes that increasing agents’ salaries would keep them working longer at the company. The manager wants to increase the average time that an agent works for the call center to 36 months, or three years. b-1. Given the current average working time for agents at this call center, determine the current annual cost for hiring and training. b-2. Assuming the average time that an agent works for the call center is increased to 36 months, determine the new annual cost for hiring and training. b-3. If the time an agent works for the call center is increased to 36 months on average, how much could the company save on hiring and training costs over a year?A company produces three different products; x,y, and z. For the production of 1 unit of product x, 1 unit of A and 1 unit of B are used as input. 1 unit of A and 2 units of B are used to produce 1 unit of product y. To produce 1 unit of product z, only 1 unit of A is used. The company holds 40 units of A and 20 units of B periodically in total. By the way, the company can not produce product y more than the twice of product z. On the other hand, the sale price of 1 unit of product x is 10 TL, product y is 15 TL and product z is 12 TL. Furthermore, the cost of 1 unit of product x is 8 TL, product y is 9 TL and product z is 7 TL. According to above information, what should be the company’s optimal product mix to maximize its profit? Construct the problem as a Linear programming model. Solve the above problem by using Simplex Method.