Suppose an ATM has two sections of 1000 and 500 rupees note. There are 20 notes of 500 and 10 notes of 1000. You can withdraw the amount of either 1000 or 5,000. After each transaction, you also need to decrement and update the number of notes of each denomination (i.e. 500 and 1000). There are rules inside the ATM for dispatching the amount. If the amount is 1000 and number of notes of 500 are greater than 2 then dispatch 500 notes, otherwise check for 1000 notes and dispatch 1000 note. If both options are not possible then output “Transaction not possible” If the amount is 5000 and the number of notes of 500 is greater than 2 and notes of 1000 are greater than 4, then dispatch 2 notes of 500 and 4 notes of 1000, otherwise, if there are 5 notes of 1000, then dispatch 5 notes of 1000. If both options are not possible then output “Transaction not possible”

Suppose an ATM has two sections of 1000 and 500 rupees note. There are 20 notes of 500 and 10 notes of 1000. You can withdraw the amount of either 1000 or 5,000. After each transaction, you also need to decrement and update the number of notes of each denomination (i.e. 500 and 1000). There are rules inside the ATM for dispatching the amount. If the amount is 1000 and number of notes of 500 are greater than 2 then dispatch 500 notes, otherwise check for 1000 notes and dispatch 1000 note. If both options are not possible then output “Transaction not possible” If the amount is 5000 and the number of notes of 500 is greater than 2 and notes of 1000 are greater than 4, then dispatch 2 notes of 500 and 4 notes of 1000, otherwise, if there are 5 notes of 1000, then dispatch 5 notes of 1000. If both options are not possible then output “Transaction not possible”

Operations Research : Applications and Algorithms

4th Edition

ISBN:9780534380588

Author:Wayne L. Winston

Publisher:Wayne L. Winston

Chapter17: Markov Chains

Section: Chapter Questions

Problem 12RP

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