Maximization(Don't use excel shortcut solve manually by Simplex LPP method) 1) Max Z = 3X1 + 4X2 Sub to X1 + X2 ≤ 20 2X1 + 3X2 ≤ 50 And X1, X2 ≥ 0

Q: has 10 items. These items are stored in a stockroom. No safety stock is planned for these items. The…

A: Ans) Number of Items = 10 Inventory accuracy = 95% = 0.95 probability of successfully finding…

Q: If today stock is trading for $60 a share. You are confident that the stock price will experience a…

A: ANSWER : XYZ Inc’s stock is trading for $60 per share. You are confident that stock price of the XYZ…

Q: Planning at High Performance Pumps Introduction High Performance Pumps is a small, successful…

A: Q1. Manufacturing Environment:                 As per the given statement in the case “However,…

Q: Which of the following theorists suggests “a reduction in variation of a product or process…

A: Edward Deming.

Q: P4: produce an outline bill of quantity can you please make me an outline bill of quantity using…

A: A Bill of quantity is a purchase document or evidence of material or an item purchased at a specific…

Q: Is there any way you can imagine that interruptions may increase productivity and decrease downtime…

A: Production interruptions are brief or prolonged delays that are imposed on the workforce or work…

Q: How LEAN and Total Quality Management can be applied in the manufacturing automotive industry to…

A: What is Total Quality Management (TQM)   Developed by Edwards Deming, TQM stands for total quality…

Q: On-hand inventory is directly dependent on all of the following EXCEPT O All of these apply. O…

A: The term "on-hand inventory" refers to the quantity that is really in stock and available in a…

Q: Bike Components Inc. manufactures bicycle wheels. The firm's owner/manager, has just received the…

A: Find the Calculation methods below: Output Forecast = (Regular time production- Demand) + Overtime…

Q: You are a project manager on a large project using the earned value reporting system to manage your…

A: The Earned Value Analysis is a process that goes above and beyond the standard evaluation of cost…

Q: The project's final products may be affected by how well scope modifications are managed and…

A: The final products for a project could be affected by how scope modifications are managed and…

Q: A small, independent amusement park collects data on the number of cars with out-of-state license…

A: Given-

Q: How can we determine the best ways to measure the success of our most important supply chain…

A: Introduction: Supply chain is an organizational process, which connects the organization with other…

Q: Explain what a functional organization, a matrix organization, and a project organization are.…

A: There are specifically three types of organizational structures to manage organizational projects,…

Q: Part d only

A: Given data is Vessel Deluxe cabins Standard cabins Cost ($) A 60 160 70,000 B 80 120 54,000…

Q: Explain the key differences between symmetric and asymmetric multi-processing approaches

A: Symmetric multi-processing Symmetric multiprocessing occurs when numerous processors cooperate to…

Q: 2 companys customers are either old or new. A customer may be able or not able to provide an…

A: A decision table is a logic-based data entry system used to handle business operations. The…

Q: Consider two products A and B that have identical cost, retail price and demand parameters and the…

A: Given data: Salvage value = 65% for product ASalvage value = 20% for product B Now, on to the next…

Q: Customer arrive at one-window drive in bank according to Poisson distribution with mean 10 per hour.…

A: Given- Arrival rate (λ) = 10 customer per hourService rate (μ) = 60 min5= 12 customer per hour

Q: Table: Factors causing the decline in sales Factors % Contribution Delayed deliveries 15% Lack…

A: Pareto charts are used to plot the data, which is recorded in descending order using bars. This is a…

Q: Problem 20-30 (Algo) It is your responsibility, as the new head of the automotive section of Nichols…

A:

Q: Which project management approach follows a deterministic approach and assumes the activity duration…

A: The principal network-linked project management approaches that show the flow & order of…

Q: One of the risks of Lean production systems is; a. Increasing productivity b. Absence of buffers,…

A: The goal of the management strategy known as lean manufacturing is to eliminate waste while…

Q: Question 2: Your firm uses a periodic review system for all SKUs classified, using ABC analysis, as…

A:

Q: 11. The computer output below is a product mix problem of a manufacturing company. Use the output to…

A: Find the Calculation methods below: Optimal Solution (Total Profit) = ∑ (Value * Original…

Q: Why did freight rates in ocean container transportation decline over a long time (pre-pandemic)?

A: According to industry reports, the anticipated decline in container demand has already taken place.…

Q: Mf2. Where can the digital pricing tool be found?   DNA   BlockWorks   Work Center   At the…

A: The business environment is becoming more competitive, and the business needs to compete with each…

Q: Given the following conditional value table, determine the appropriate decision under uncertainty…

A: Given, Alternatives Very favorable Average market Unfavourable market Large plant 313000 80000…

Q: Catamount Inc. employs one worker to load packages on an outgoing truck. The work shift is an 8 hour…

A: Find the Given details below: Given details: Shift 8 Hours per day Trucks 40 per day…

Q: Samsung produces semiconductor chips in South Korea, China, and the United States. Products using…

A:

Q: Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish…

A: The business environment is becoming more competitive, and the business needs to compete with each…

Q: The Westchester Chamber of Commerce periodically sponsors public service seminars and programs.…

A: Given: Here, are the decision variables :   Let the number of advertisements on television = T Let…

Q: ine following is a payoff table for an Electronic Company's Productio The State of Nature Decision…

A: Given data is

Q: ABC Inc. sells patio sets. Monthly sales for a seven-month period were as follows:     Month Sales…

A: In the naive aprroach, the last month's sales are used as this period's forecast.

Q: 2.SOLVE USING BIG-M METHOD Maximize 3x1 - x₂ subject to x1 - x₂ ≤ 3 2x1 ≤ x₂ x₁ + x₂ > 12 X1, X2 ≥0

A: Ans) Writing objective function and constraints.

Q: For the network below, determine the shortest path b 5 d 5 f a 3 2 3 6 1 5 2 7

A: Linear programming is a mathematical technique that is also used in operations management…

Q: What is the average time needed to register (includes waiting and registering), in minutes (round to…

A: Given, Arrival rate λ = 139 / hour Service rate μ = 2 minutes = 60/2 = 30 / hour Number of…

Q: Use the information in the table to sketch the AON network and compute early start and finish times…

A: Forward Pass:Early Start (ES) = Max EF value from immediate Predecessor(s)Early Finish (EF) = ES +…

Q: Day Time of day Morning Afternoon Evening Morning Afternoon Evening Morning Afternoon Evening Demand…

A: Seasonal index is the average of seasonal factors. The calculation considering the average of annual…

Q: A multiple channel queuing system with a Poisson arrival rate, and an exponential service time…

A: In this queuing system, there are multiple servers,  The arrival rate is 2.5 customers per hour  The…

Q: Fashionables is a franchisee of The UnLimited, the well-known retailer of fashionable clothing.…

A: Given- Mean Demand = 600 unitsStandard Deviation = 175 unitsPurchase price = $44 per unitSelling…

Q: what is the purpose of integrating processes?

A: Introduction: Integration process management refers to the idea of evaluating and analyzing all the…

Q: A corner store sells 100 bags of potato chips each day. The potato chips bags are purchased from a…

A: EOQ or economic order quantity is a business production model that lets an organization know how…

Q: Q1/ Company produced 700 pieces of ceiling fans per year, the order cost is 1400S, the shortage cost…

A:

Q: What would be the average inventory for a company who received $500,000 of stock on January 1 and…

A: Average inventory is the average amount of two accounting period  Formula:- Average inventory =…

Q: A food manufacturer has to decide how many batches of a product to produce next week. If one batch…

A: Find the given details below: Decision Demand High Low One Batch 15000   Two batch 20000…

Q: Incorrect Question 10 In the EOQ model, what is the total annual purchasing cost if the optimal…

A: Given data is Optimal order quantity (Q) = 100  Number of orders per year = 5 Purchase cost = $2

Q: A chain restaurant wants to open a new location. It is considering three (3) potential sites for the…

A: Total Profit = Total Revenue - Total CostTotal Cost = Fixed cost + Variable costVariable cost =Labor…

Q: Tell me the following questions are correct and wrong and why? 1.Overall automation in logistics is…

A: Answering first four questions, as per the guidelines. Repost for other answers.     Businesses…

Q: A company needs to make deliveries on 10 different routes. The time (in minutes) to complete each…

A: This is an assignment problem. Given times for routes, loads and capacities for carriers. Objective…

Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.