OPERATIONS MGMT(LOOSELEAF)W/MYOMLAB>IC
16th Edition
ISBN: 9781323153123
Author: HEIZER
Publisher: PEARSON C
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Chapter 15, Problem 1.1VC
Summary Introduction
Case summary:
The case deals about the conversion of concert to a basketball. The details about the center were given. The available crew size is given as 16. The following information is given in the case:
To draw: The Gantt chart to help Person C to organize his crew to perform the concert-to-basketball conversion.
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QUESTION TWO
As an operations management intern at a Limpopo-based company, HGK Holdings, your role is to assist the operationsanalyst with reconfiguring a brownfield project at HGK’s industrial estate in the Limpopo province, code-named LPCHP1. The reconfiguration involves the installation of an advanced biomass unit which generates electrical andthermal energy by burning wood pellets produced as a by-product of the wood processing industry in the province.The process is commonly called cogeneration or CHP (combined heat and power) and it is expected to save cost andincrease operational efficiency at HGK Holdings. The electrical and thermal energy generated is expected to be utilisedin the operations of HGK Holdings.
REQUIRED:Answer each of the following questions:
2.1. With the aid of an appropriately labelled Input-Transformation-Output diagram, comprehensively discuss thetransformation process underpinning the operations of LP-CHP1. In your discussion, highlight the transformedand…
Question 1
(b)
A company is considering to invest in eight projects. The estimated cost of each project, the perceived priority points, the estimated number of new jobs each project would create are provided in the Table 1.
Table 1
Project
Cost ($)
Priority Points
New Jobs
X1
X2
X3
X4
X5
X6
X7
X8
5000
4500
600
2000
6000
800
3200
2500
3176
2774
3513
2928
4607
862
3829
2708
5
1
2
1
3
1
7
2
1. Formulate objective function for this 0-1 integer model to maximise the total number of perceived priority points.
Considering the above problem write down mathematical equations for each of following conditions/constraints.
2. A budget of $21000 is available for the projects.
3. The company wishes to fund at most three of the projects.
4. The company wants to create at least 8 new jobs from these projects.…
Question 1
(b)
A company is considering to invest in eight projects. The estimated cost of each project, the perceived priority points, the estimated number of new jobs each project would create are provided in the Table 1.
Table 1
Project
Cost ($)
Priority Points
New Jobs
X1
X2
X3
X4
X5
X6
X7
X8
5000
4500
600
2000
6000
800
3200
2500
3176
2774
3513
2928
4607
862
3829
2708
5
1
2
1
3
1
7
2
4. The company wants to create at least 8 new jobs from these projects.
5. Only one of the two projects, i.e., X3 and X5 should be funded at this time but not both.
6. The company believes that if it decides to invest in project X7 then it should also invest in project X8, and vice versa.
[DO NOT SOLVE THE ABOVE MODEL YOU DEVELOPED IN QUESTION 1 (b).…
Chapter 15 Solutions
OPERATIONS MGMT(LOOSELEAF)W/MYOMLAB>IC
Ch. 15 - Prob. 1DQCh. 15 - Prob. 2DQCh. 15 - Prob. 3DQCh. 15 - Prob. 4DQCh. 15 - Prob. 5DQCh. 15 - Prob. 6DQCh. 15 - Prob. 7DQCh. 15 - Prob. 8DQCh. 15 - Prob. 9DQCh. 15 - Prob. 10DQ
Ch. 15 - Prob. 11DQCh. 15 - Prob. 12DQCh. 15 - Prob. 13DQCh. 15 - Prob. 1PCh. 15 - Prob. 2PCh. 15 - Prob. 3PCh. 15 - Prob. 4PCh. 15 - Prob. 5PCh. 15 - Prob. 6PCh. 15 - Prob. 7PCh. 15 - Prob. 8PCh. 15 - Prob. 9PCh. 15 - Prob. 10PCh. 15 - Prob. 15PCh. 15 - Prob. 16PCh. 15 - Prob. 17PCh. 15 - Prob. 18PCh. 15 - Prob. 19PCh. 15 - Prob. 20PCh. 15 - Prob. 21PCh. 15 - Prob. 22PCh. 15 - Prob. 23PCh. 15 - Prob. 26PCh. 15 - Prob. 27PCh. 15 - Prob. 1CSCh. 15 - Prob. 2CSCh. 15 - Prob. 3CSCh. 15 - Prob. 4CSCh. 15 - Prob. 1.1VCCh. 15 - Prob. 1.2VCCh. 15 - Prob. 1.3VCCh. 15 - Prob. 2.1VCCh. 15 - Prob. 2.2VCCh. 15 - Prob. 2.3VCCh. 15 - Prob. 2.4VC
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