Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Chapter 6.4, Problem 19P
Summary Introduction
To determine: The way to use IF function in the Company D’s production without binary variables.
Introduction: The variation between the present value of the
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In a linear programming problem, the binding constraints for the optimal solution are 5X + 3Y ≤ 30 2X + 5Y ≤ 20 a. Fill in the blanks in the following sentence: As long as the slope of the objective function stays between _______ and _______, the current optimal solution point will remain optimal. b. Which of these objective functions will lead to the same optimal solution? 1) 2X + 1Y 2) 7X + 8Y 3) 80X + 60Y 4) 25X + 35Y
John Hoke owns Hoke's Spokes, a bicycle shop. Most of John's bicycle sales are customer orders; however, he also stocks bicycles for walk-incustomers. He stocks three types of bicyclesroad-racing, cross-country, and mountain. A road-racing bike costs $1,200, a cross-country bike costs$1,700, and a mountain bike costs $900. He sells road-racing bikes for $1,800, cross-country bikes for $2,100, and mountain bikes for $1,200. Hehas $12,000 available this month to purchase bikes. Each bike must be assembled; a road-racing bike requires 8 hours to assemble, a crosscountrybike requires 12 hours, and a mountain bike requires 16 hours. He estimates that he and his employees have 120 hours available toassemble bikes. He has enough space in his store to order 20 bikes this month. Based on past sales, John wants to stock at least twice as manymountain bikes as the other two combined because mountain bikes sell better If John were to hire an additional worker for 30 hours at $10 per hour, how much…
WHAT IS THE NEW TOTAL VALUE?
A garden store prepares various grades of pine bark for mulch: nuggets (x1), mini-nuggets (x2), and chips (x3). The process requires pine bark, machine time, labor time, and storage space. The following model has been developed.
Maximize
9x1 + 9x2+ 6x3 (profit)
Subject to
Bark
5x1
+
6x2
+
3x3
≤
600
pounds
Machine
2x1
+
4x2
+
5x3
≤
600
minutes
Labor
2x1
+
4x2
+
3x3
≤
480
hours
Storage
1x1
+
1x2
+
1x3
≤
150
bags
x1, x2, x3
≥
0
What is the new value of the objective function, if the profit on chips increases from $6 per bag to $7 per bag?
The New Value Is=
Chapter 6 Solutions
Practical Management Science
Ch. 6.3 - Prob. 1PCh. 6.3 - Prob. 2PCh. 6.3 - Solve Problem 1 with the extra assumption that the...Ch. 6.3 - Prob. 4PCh. 6.3 - Prob. 5PCh. 6.3 - Prob. 6PCh. 6.3 - Prob. 7PCh. 6.3 - Prob. 8PCh. 6.3 - Prob. 9PCh. 6.3 - Prob. 10P
Ch. 6.4 - Prob. 11PCh. 6.4 - Prob. 12PCh. 6.4 - Prob. 13PCh. 6.4 - Prob. 14PCh. 6.4 - Prob. 15PCh. 6.4 - Prob. 16PCh. 6.4 - Prob. 17PCh. 6.4 - Prob. 18PCh. 6.4 - Prob. 19PCh. 6.4 - Prob. 20PCh. 6.4 - Prob. 21PCh. 6.4 - Prob. 22PCh. 6.4 - Prob. 23PCh. 6.5 - Prob. 24PCh. 6.5 - Prob. 25PCh. 6.5 - Prob. 26PCh. 6.5 - Prob. 28PCh. 6.5 - Prob. 29PCh. 6.5 - Prob. 30PCh. 6.5 - In the optimal solution to the Green Grass...Ch. 6.5 - Prob. 32PCh. 6.5 - Prob. 33PCh. 6.5 - Prob. 34PCh. 6.5 - Prob. 35PCh. 6.6 - Prob. 36PCh. 6.6 - Prob. 37PCh. 6.6 - Prob. 38PCh. 6 - Prob. 39PCh. 6 - Prob. 40PCh. 6 - Prob. 41PCh. 6 - Prob. 42PCh. 6 - Prob. 43PCh. 6 - Prob. 44PCh. 6 - Prob. 45PCh. 6 - Prob. 46PCh. 6 - Prob. 47PCh. 6 - Prob. 48PCh. 6 - Prob. 49PCh. 6 - Prob. 50PCh. 6 - Prob. 51PCh. 6 - Prob. 52PCh. 6 - Prob. 53PCh. 6 - Prob. 54PCh. 6 - Prob. 55PCh. 6 - Prob. 56PCh. 6 - Prob. 57PCh. 6 - Prob. 58PCh. 6 - Prob. 59PCh. 6 - Prob. 60PCh. 6 - Prob. 61PCh. 6 - Prob. 62PCh. 6 - Prob. 63PCh. 6 - Prob. 64PCh. 6 - Prob. 65PCh. 6 - Prob. 66PCh. 6 - Prob. 67PCh. 6 - Prob. 68PCh. 6 - Prob. 69PCh. 6 - Prob. 70PCh. 6 - Prob. 71PCh. 6 - Prob. 72PCh. 6 - Prob. 73PCh. 6 - Prob. 74PCh. 6 - Prob. 75PCh. 6 - Prob. 76PCh. 6 - Prob. 77PCh. 6 - Prob. 78PCh. 6 - Prob. 79PCh. 6 - Prob. 80PCh. 6 - Prob. 81PCh. 6 - Prob. 82PCh. 6 - Prob. 83PCh. 6 - Prob. 84PCh. 6 - Prob. 85PCh. 6 - Prob. 86PCh. 6 - Prob. 87PCh. 6 - Prob. 88PCh. 6 - Prob. 89PCh. 6 - Prob. 90PCh. 6 - Prob. 91PCh. 6 - Prob. 92PCh. 6 - This problem is based on Motorolas online method...Ch. 6 - Prob. 94PCh. 6 - Prob. 95PCh. 6 - Prob. 96PCh. 6 - Prob. 97PCh. 6 - Prob. 98PCh. 6 - Prob. 99PCh. 6 - Prob. 100PCh. 6 - Prob. 1CCh. 6 - Prob. 2CCh. 6 - Prob. 3.1CCh. 6 - Prob. 3.2CCh. 6 - Prob. 3.3CCh. 6 - Prob. 3.4CCh. 6 - Prob. 3.5CCh. 6 - Prob. 3.6C
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