Housing type Flat Two-bedroom house Three-bedroom house Shop Average number of inhabitants Ground floor area (m²) 75 60 80 120 1.5 3.5 5 4 Formulate a linear programme to help the council decide on a optimal strategy.
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- Problem 03 Complying with all, government housing regulations and requirements, the employees union of a certain firm has the option to purchase either of two sites, each having an area of 18 hectares (180,000 sq.m.) of undeveloped land. The first singly owned, would cost Php20.00 a sq.m, but would needa roadway system, including the access road, 4,000 meters long, at a cost of Php 110.00 per meter. Additional development expenses would be Php 60,000 to subdivide and grade into 320 house löts, and another Php 32,000 for a hollow block fence and security gates. The second site consists of three lots, separately owned, with a total area of 18 hectares: 7 hectares at Php 25.00 a sq.m. 5 hectares at Php 21.00 a sq.m and 6 hectares at Php 14.00 a sq.m. The road system for this would be only 3,200 meters long at Php 100.00 per meter, but needs two box culverts each costing Php 25.000.00. Lot grading would be Php 35,000; fencing and security 8atës Phip 24,000. Assuming that all…7. Suisan Fish Company must decide whether to build a small or a large warehouse at a new location, Kona. Demand at Kona can be either low or high, with probabilities estimated to be 0.4 and 0.6, respectively. If a small warehouse is built, and demand is high, the fish manager may choose to maintain the current size or to expand. The net present value of profits is $220,000 if the company chooses not to expand. However, if the firm chooses to expand, there is a 50% chance that the net present value of the returns will be $330,000 and a 50% chance the estimated net present value of profits will be $220,000. If a small warehouse is built and demand is low, there is no reason to expand and the net present value of the profits is $210,000. However, if a large warehouse is built and the demand turns out to be low, the choice is to do nothing with a net present value of $25,000 or to stimulate demand through local advertising. The response to advertising can be either modest with a…Define (MAPE)?
- 2. Garysburg Fire Rescue (GFR) is considering three different locations for a new fire station. Using factor rating, GFR has created the following table. When rating these locations, GFR used a 5- point scale, where 1 means unfavorable and 5 means excellent. (Noteshaper Scenario #26) Factor Weight Location 1 Location 2 Location 3 Cost of land 0.5 4 1 Accessibility 0.3 2 2 4 Size of Land 0.2 1 3 3 a. Which of the following statements are true and which are false? I. The cost of the available land parcel is of the greatest importance in this analysis. I. Location 2 has better accessibility than location 3. GFR considers the size of the available land parcel to be the least important III. factor.2) A company is considering a plan to produce or buy/outsource a certain item used in the production of new type of cars. Making the item would involve annual lease costs of $150,000. Cost and volume estimates are as follows: Make Buy Annual fixed cost $150,000 None Variable cost/unit $60 $80 Annual volume 12,000 12,000 (units) a. Given these numbers, should the firm buy or make this item? b. There is a possibility that volume could change in the future. At what volume would the company be indifferent between making and buying?4) What advantages and disadvantages does the one-sided type location of town- forming objects have in comparison with the alternate type location of town- forming objects?
- Katie Reynolds owns two exclusive women's clothingstores in Miami. In her plan to expand to a third location,she has narrowed her decision to three sites- one in a downtownoffice building, one in a shopping mall, and one in anold Victorian house in the suburban area of Coral Gables. Shefeels that rent is absol utely the most importa nt factor to beconsidered, although walk-in traffic is 90% as important asrent. Further, the more distant the new store is from her twoexisting stores, the better. She weights this factor to be 80%as important as walk-in traffic. Katie developed the followingtable, in which she graded each site from A to D, with A beingbest. Which site is preferable?S7.6. Robin Dillon has recently accepted a new job in the Washing- ton, DC, area and has been hunting for a condominium to purchase. From friends and coworkers she has compiled a list of five possible condominium complexes that she might move into. The following table indicates the weighted criteria that Robin intends to use in her decision-making process and a grade indicating how well each com- plex satisfies each criterion: on coneie OL Condominium Complexes Tysons Alexandria Manassas Terrace Commons Fairfax Dupont Gardens Location Criteria Weights Forest Farms Purchase price .30 92 85 75 62 79 80 Neighborhood location .18 76 63 95 90 Proximity to .12 78 75 76 85 60 Metro train Shopping .10 65 80 98 92 75 Security .10 75 78 90 95 83 Recreational .05 96 90 82 81 93 facilities Distance to job .05 85 67 95 75 65 Condo floor .05 80 78 86 92 90 plan Complex size .05 65 60 92 89 70Boekenhoutskloof Boekenhoutskloof was established in 1776. Located in the furthest corner of the beautiful Franschhoek valley, the farm’s name means “ravine of the Boekenhout” (pronounced Book-n-Howed). Boekenhout is an indigenous Cape Beech tree greatly prized for furniture making. In 1993 the farm and homestead were bought and restored and a new vineyard planting programme was established that now includes Syrah, Cabernet Sauvignon, Cabernet Franc, Grenache, Semillon and Viognier. As a producer, Boekenhoutskloof is a Syrah specialist, with its premium Boekenhoutskloof range selling out on the release of each vintage, and The Chocolate Block – a Syrah based blend – is probably the most successful new wine offering to come out of South Africa in the modern era. The quest to understand the name of this wine and the wine itself is now the stuff of legend. While we are not about to reveal all, we can say that the style of the wine is a reflection of our belief that the Cape, with its…
- Boekenhoutskloof Boekenhoutskloof was established in 1776. Located in the furthest corner of the beautiful Franschhoek valley, the farm’s name means “ravine of the Boekenhout” (pronounced Book-n-Howed). Boekenhout is an indigenous Cape Beech tree greatly prized for furniture making. In 1993 the farm and homestead were bought and restored and a new vineyard planting programme was established that now includes Syrah, Cabernet Sauvignon, Cabernet Franc, Grenache, Semillon and Viognier. As a producer, Boekenhoutskloof is a Syrah specialist, with its premium Boekenhoutskloof range selling out on the release of each vintage, and The Chocolate Block – a Syrah based blend – is probably the most successful new wine offering to come out of South Africa in the modern era. The quest to understand the name of this wine and the wine itself is now the stuff of legend. While we are not about to reveal all, we can say that the style of the wine is a reflection of our belief that the Cape, with its…Theory of Constraints for a Restaurant Taylor’s is a popular restaurant that offers customers alarge dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant,has seen the number of patrons increase steadily over the last two years and is considering whetherand when she will have to expand its available capacity. The restaurant occupies a large home, andall the space in the building is now used for dining, the bar, and kitchen, but space is available on theproperty to expand the restaurant. The restaurant is open from 6 p.m. to 10 p.m. each night (exceptMonday) and, on average, has 24 customers enter the bar and 50 enter the dining room during each ofthose hours. Taylor has noticed the trends over the last 2 years and expects that within about 4 years,the number of bar customers will increase by 50% and the dining customers will increase by 20%.Taylor is worried that the restaurant will be not be able to handle the increase and has asked you tostudy…1. Eastern Visayas State University (EVSU) has facilities and faculty to handle an enrollment of 25,000students per semester. However, in an effect to limit class sizes to a reasonable level (under 2,000generally), the EVSU VPAA, placed a ceiling on enrollment of 18,000. Although there was ampledemand for all courses last semester, conflicting schedules allowed only 1,500 students percollege. There are 10 colleges in EVSU.a. What is the utilization rate of EVSU?b. What is efficiency of EVSU?