Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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A company owns the same asset in a ASIAN plant and in a UK plant . It has B $2,000,000 and a salvage value of 20% of B . For tax depreciation purposes, ASIA allows a straight line write-off over 5 years, while the UK allows SL write-off over 8 years. The general managers of the two plants want to know the difference in the depreciation amount for year 5.
The Touche Young accounting firm must complete three jobs during the next month. Job 1 will require 500 hours of work, job 2 will require 300 hours of work, and job 3 will require 100 hours of work. Currently, the firm consists of 5 partners, 5 senior employees, and 5 junior employees, each of whom can work up to 40 hours per month. The dollar amount (per hour) that the company can bill depends on the type of accountant who is assigned to each job, as shown in the table below. (The X indicates that a junior employee does not have enough experience to work on job 1.) All jobs must be completed. Touche Young has also set the following goals, listed in order of priority:  Goal 1: Monthly billings should exceed $68,000.  Goal 2: At most, 1 partner should be hired.  Goal 3: At most, 3 senior employees should be hired. Goal 4: At most, 5 junior employees should be hired. Formulate a preemptive goal programming model for thissituation
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Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole