Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
bartleby

Concept explainers

Question
Book Icon
Chapter 6.5, Problem 12P

a)

Summary Introduction

Interpretation: convert the given problem into balanced problem by adding an appropriate row and column and find the optimal solution using solver.

Concept Introduction: one of the feasible solution is that the objective function ranges from maximum to minimum value depends upon the profit or loss of the cost problem is called optimal solution.. This kind of solution required by a company to solve the problem or to achieve the goal. This solutions that could maximize or minimize the profit or reduce the costs.

b)

Summary Introduction

Interpretation: Find the optimal solution using solver and inequality constraints.

Concept Introduction: For all kinds of optimization problem, there could be one or more than one optimal solutions and sometimes there is infinite number of optimal solutions are occurred. Optimal solution is the one type of feasible solution, which has the objective function reaches their goal.

c)

Summary Introduction

Interpretation: Compare the solutions in part a and part b and clarify the reason.

Concept Introduction: For all kinds of optimization problem, there could be one or more than one optimal solutions and sometimes there is infinite number of optimal solutions are occurred. Optimal solution is the one type of feasible solution, which has the objective function reaches their goal.

d)

Summary Introduction

Interpretation: Modify the model in Part b also resolve to find the optimal solution and clarify the objective value increased or decreased.

Concept Introduction: For all kinds of optimization problem, there could be one or more than one optimal solutions and sometimes there is infinite number of optimal solutions are occurred. Optimal solution is the one type of feasible solution, which has the objective function reaches their goal.

Blurred answer
Students have asked these similar questions
The Executive Furniture Corporation, which manufactures office desks at three locations: Des  Moines, Evansville and Fort Lauderdale. The firm distributes the desks through regional  warehouses located in Albuquerque, Boston and Cleveland. The production costs per desk are the  same at each factory and hence the only relevant costs are those of shipping from each source to  each destination. They are assumed to be constant regardless of their volume shipped. An estimate  of the monthly production capacity at each factory and estimate of the number of desks required  per month at each destination and the shipping cost ($) per desk from each source to each  destination is given in the following table:    Transportation table for Executive Furniture Corporation  To  From Albuquerque  Boston  Cleveland  Factory   capacity Des Moines  6  5  8  300 Evansville  5  9  8  400 Fort Lauderdale  4  5  6  350 Requirements  350  250  450…
Solve the following problem: The Krampf Lines railway company specializes in coal handling. On Saturday, Krampf had empty cars at the following towns in the quantities indicated: Town Supply of cars Morgantown 35 Youngstown 60 Pitsburg 25  By Monday, the following towns will need cars as follows: Town Demand for cars Coal Valley 30 Coal town 45 Coal junction 25 Coalsburg 20 The result is shown in the table below.        To   From   Coal Valley Coal town Coal junction Coalsburg Morgantown 50 30 60 70 Youngstown 20 80 10 90 Pitsburg 100 40 80 30     Required: Minimize total miles over which cars are moved to new locations regarding the following: Formulate as a linear programming. Use North-West corner method to obtain the total shipment cost of coal cars.
Anderson Watch Company is considering opening four possible distribution centers located in Atlanta, Lexington, Milwaukee, and Salt Lake City with a fixed cost to open of $17,000, $22,000, $35,000, and $25,000, respectively. They currently have ten retail stores located in Seattle, San Francisco, Las Vegas, Tucson, Denver, Dallas, Birmingham, Orlando, Cleveland, and Philadelphia. Lisa, the supply chain VP, wants to minimize the transportation costs of shipping their French down pillows. The per-unit shipping cost from each distribution center to each retail location and the amounts currently in inventory and ordered at each retail location are shown in the following tables.  What is the minimum cost solution?   What is the minimum cost solution if Lisa wants to use single sourcing?
Knowledge Booster
Background pattern image
Operations Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,