Student Suite Cd-rom For Winston's Operations Research: Applications And Algorithms
Student Suite Cd-rom For Winston's Operations Research: Applications And Algorithms
4th Edition
ISBN: 9780534423551
Author: Wayne L. Winston
Publisher: Cengage Learning
bartleby

Concept explainers

Expert Solution & Answer
Book Icon
Chapter 5, Problem 14RP

a.

Explanation of Solution

Type to increase demand

  • From the LINDO output, the dual prices of row 6 and row 8 are negative...

b.

Explanation of Solution

Pay for additional labour

  • From the LINDO output, the profit of Bed-day use is 9 and nursing use is 46.
  • As a result, the Bed-days and nursing are in excess supply...

c.

Explanation of Solution

Pay for additional nurses

  • From the LINDO output, there is a surplus of nursing hours in the nursing salary...

Blurred answer
Students have asked these similar questions
Question 1: pertains to the Cherokee School District scenario below. The school board for the Cherokee School District has made the decision to purchase 1370additional Macintosh computers for computer laboratories in all its schools. Based on the past experience, the school board has directed that these computers should be purchased from some combination of three companies Mc Comp, EduElectronics, and Macwin. In all three cases, the companies charge a discounted variable cost per computer and a fixed delivery and installation costs for these large sales to school districts. The table below shows these charges as well as the capacity (the maximum number of computers that can be sold from the limited inventory) for each of the companies.CapacityFixed cost variable costMcComp710 $45,000 $750 EduElectronics690$35,000$780 Macwin1000$50,000 $700 The school board wants to know the optimal plan for meeting its computer needs. 1.Identify the type of integer programming framework (Total Integer,…
The below excerpt describes the reimbursement policy for tour-guide expenses of Holiday tours. "There are three reimbursement situations. For single destination tours, the tour-guide can only claim travel mileage for 30 cents per KM. For one-day trip, tour guides could claim mileage of 30 cents per KM and food expenses but depending on the time that the tour starts and ends. To claim expenses for breakfast, the tour should start latest by 7:00 AM and tour ends at 4:00 PM or later. To claim expenses for lunch, tour starts latest by 10:00 AM and ends at 4:00 PM or later. To claim expenses for dinner, tour starts at latest by 10:00 AM and ends at 7:00 PM or later. For trips that involves overnight stay, tour-guides can claim full expenses for lodging and transportation. Food expenses can also be claimed but also depending on the same policy as the One day trip" 1. Use structured English to describe the reimbursement policies. 2. Draw a decision tree to describe the reimbursement policy 3.…
Mattel is developing a new Madonna doll. Managershave made the following assumptions.It is equally likely that the doll will sell for two, four,six, eight, or ten years.At the beginning of year 1, the potential market for thedoll is 1 million. The potential market grows by an averageof 5% per year. They are 95% sure that the growth inthe potential market during any year will be between 3%and 7%.They believe their share of the potential market duringyear 1 will be at worst 20%, most likely 40%, and at best50%. All values between 20% and 50% are possible.The variable cost of producing a doll during year 1 isequally likely to be $4 or $6.The sales price of the doll during year 1 will be $10.Each year, the sales price and variable cost of producingthe doll will increase by 5%.The fixed cost of developing the doll (incurred in year0) is equally likely to be $4, $8, or $12 million.At time 0, there is one competitor in the market. Duringeach year that begins with four or fewer competitors,…
Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole