What is the constraint associated with job A for the following assignment problem? Machine 1 2 3 A $3 $4 $2 Job B $1 $3 $5 otherwise 0. C $6 $4 $2 O 3XAI + 4XA2 + 2XA3 = -1 O XA1 -XA2-XA3 = -1 O -XAI - XA2-XA3 = +1 O 3XAI + 4XA2+2XA3 = 1 Let Xij = 1 if job i is assigned to machine j,
Q: Develop a brief project plan for the implementation of Ssimulation modeling tool at Starbucks,…
A: Project management is the practice of planning, organizing, and overseeing the execution of a…
Q: understanding of it. Impact upon the Product?
A: Illustrating a project's map with and without its architecture can provide valuable insights and a…
Q: It is possible to have a better understanding of the project by creating its map both with and…
A: Creating a comprehensive map of a project is crucial for obtaining a better understanding of its key…
Q: Provide a list of the numerous subfields of security, a description of what they accomplish, and an…
A: Security is the practice that is adopted by business organizations to protect themselves from any…
Q: A company begins a review of ordering polices for its continuous review system by checking the…
A: *In the given image, some figures are somehow unclear, but still i tried to mention the correct…
Q: A linear programming computer package is needed. EZ-Windows, Inc., manufactures replacement windows…
A: The LP formulation is the process of representing a problem as a linear programming model. Linear…
Q: A just-in-time inventory system (JIT), is an inventory strategy where raw materials and supplies are…
A: Just-in-time inventory system is a strategy that is used by the organization for managing the level…
Q: What are the different online platforms that Scotiabank offers explain in detail. what is itrade…
A: Scotiabank, one of Canada's largest banks, offers several online platforms to cater to different…
Q: Solve the following dilemma using the logic from the level and stage of moral reasoning from…
A: Morality development is the process through which an individual develops their understanding of…
Q: Define the purpose and the research problem statement for ‘What the opinions of consumers on a 10…
A: A research problem is a specific issue, concern, or question that requires investigation and…
Q: Having a solid understanding of the project's map will be beneficial. taking into account the…
A: In the realm of product development, having a comprehensive understanding of the project's roadmap…
Q: Why do people who build systems need ISO?
A: International Organization for Standardization is a non-government organization whose membership…
Q: Which approach can be used by both the state and the federal government to formalize the…
A: Business communication is the method of sharing information, ideas, and messages within the…
Q: How can performance metrics and key performance indicators be integrated into long-term planning?
A: Performance metrics and key performance indicators (KPIs) play a crucial role in measuring progress,…
Q: Please do not give solution in image formate thanku Write an executive summary, that outlines how…
A: Training of employees is an important step that is taken by the organization for enchanting the…
Q: How are potential projects identified?
A: Projects have a defined beginning and ending, which are temporary in nature and are carried out to…
Q: Bill of Material for Office Table (1 required) required) Office Table Final Assembly Gross…
A: We complete the table as shown below:When the net requirements are a non-zero value, we order in…
Q: Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the…
A: Material Requirement Planning is a systematic approach that is used by businesses for determining…
Q: Required: Apply these and other relevant principles, with examples from your own personal and/or…
A: Tony Robbins, a well-known success coach, and motivational speaker, has provided insightful advice…
Q: Discuss the role of risk management and contingency planning in global operations.
A: Global operations management is the strategic planning, coordination, and control of operational…
Q: An employer asks you to work faster. You comply, even though you know there will be no pay rise or…
A: Productivity is the ratio of the input to output. By knowing the fundamentals of operations…
Q: If it is estimated that thirty persons will be living in this new chapter house, which location…
A: For each person, I have been given the variable cost, the fixed cost is also given for each…
Q: The annual demand of Maize Meal = 750 units (bigger size), Delivered purchase cost = R35/units,…
A: The annual demand (D) = 750 unitsDelivered purchase cost = R35/units,Annual carrying cost percentage…
Q: Suppose a certain manufacturing company produces connecting rods for 4- and 6-cylinder automobile…
A: Connecting rods are produced either for 4- and 6-cylinder automobile engines, not both…
Q: List and briefly describe the three project cost management process
A: Planning, estimating, and controlling the budget are all aspects of cost management in project…
Q: How would you go about estimating the theoretical value of "fewer outages"?
A: Fewer outages refers to a situation where there is a reduction in the number of instances or…
Q: How can Starbucks use staffing to pursue its growth strategy and maintain its competitive advantage?
A: Note: We are allowed to do one question only. A growth strategy is a plan implemented by a company…
Q: Examine the functions and importance of transport. Discuss and compare the strengths, limitations…
A: Transportation plays a crucial role in the movement of goods and materials across various locations,…
Q: Briefly motivate how fast-food business owners could label “customers’ increased purchasing power…
A: Building customer loyalty is crucial for businesses as it leads to a range of benefits. Loyal…
Q: Actual run time this week ?question mark minutes Machine time available this week 5,200 minutes…
A: Actual run time is the actual time that is taken by a process to complete a specific operation or…
Q: In what ways would Imana Foods benefit from applying the lean principles of pull processing, waste…
A: Imana Foods could benefit significantly from applying the lean principles of pull processing, waste…
Q: Development of Version 2.0 of a particular accounting software product is being considered by Jose…
A: The Network paths are: A-D-G = 4 +8+4 = 16 weeksB-E-G = 2+6+ 4 = 12 weeksC-F = 3 +3 = 6 weeks…
Q: In the case it was mentioned that ‘With different partners and different production countries, it is…
A: "Disclaimer: The given solution is provided in more generalized way but not limited to the…
Q: Lazer Technologies Inc. (LTI) has produced a total of 20 high-power laser systems that could be used…
A: Unit No.Cost in ($ millions)Unit No.Cost in ($…
Q: What factors should be considered when selecting an appropriate dispute resolution method?
A: Dispute resolution refers to the methods and processes used to resolve conflicts and disagreements…
Q: n this stage, the organization studies if the change is required or not, what and why is the change…
A: Managing change effectively is a critical skill for leaders and managers, requiring a systematic…
Q: Briefly explain The “five forces” model developed by Michael E. Porter
A: The "Five Forces" mode, developed by Michael E. Porter, is a strategic framework used to analyze the…
Q: How aPublic school can increase revenue and reduce expenses during the next school year, Give three…
A: Operations management in the context of a school refers to the planning, organizing, and controlling…
Q: Suppose orders are placed only at review time. Find the optimal period and the optimal order…
A: The rest answers are shown below,
Q: Using Johnson's rule for 2-machine scheduling, the sequence is: Scheduled Order 1 2 3 4 5 6 Job ▼…
A: We solve the question using Johnson's rule as shown below:Step-1: The smallest time is for Job E in…
Q: The Covid-19 lockdown between 2020 and 2021 led to a lot of South Africans spending more time at…
A: Forecasting refers to the determining the future demand using the previous information and data.
Q: As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material…
A: MRP stands for Material Requirements Planning. It is a computer-based inventory management system…
Q: Article 1: Lancewood launches the first double cream lactose-free yoghurt in SA Lancewood recently…
A: This case study is about a company called Lancewood which has decided to launch the first double…
Q: The following table provides a random sample of the unit values and annual demands of eight SKUs.…
A: ABC analysis is a technique that is used by organizations for the management of inventory level and…
Q: Determine the main differences. Give particular instances of project management and software…
A: Software development and Project management are two different aspects, in which Software development…
Q: How is the planning at JYSK? Planning: Consists of the processes necessary to strategically operate…
A: JYSK is a Danish retail chain specializing in household goods and furniture.
Q: Creating a map of the project with and without its architecture may facilitate comprehension. What…
A: Creating a map of a project, along with its architecture, can greatly enhance understanding and…
Q: Questoir Melissa's Photo Studio offers both individual and group portrait options. The process flow…
A: A bottleneck is a step or a stage in a production process that causes a major amount of delay or…
Q: Compare and contrast pipe- and platform- based business models.
A: In the world of business, many models are used to operate organizations effectively.But the two…
Q: The activities for the work packages are a. the deliverables for the project. b. a set of…
A: Work packages are the lowest level of the project's work breakdown structure (WBS) and represent…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.Maximize Profit=123 L + 136 S 17 L+11 S≤ 3000 6 L+9 S≤2500 L20 and S20 (Availability of component A) (Availability of component B) Show Transcribed Text Implement the linear optimization model and find an optimal solution. Interpret the optimal solution. The optimal solution is to produce LaserStop models and SpeedBuster models. This solution gives the possible profit, which is $. (Type integers or decimals rounded to two decimal places as needed.)4. Optimal Rental Decisions in Cloud Computing Assume that AWS has the following 3 options for renting servers. Fraction of Job in one Server Description Rental Low Power Medium Power High Power $2/hr. $4/hr. $9/hr. Hour 1/8 1/6 1/3 L M Note that if you rent a server for less than one hour, you still must pay the rent for the entire hour. You have a job that must finısh in at most 5 hours. The low-power server can finish 1/8th of the job in 1 hour, the medium-power server can finish 1/6 of the job in one hour, and the high- power server can finish 1/3rd of the job in one hour. (a) The typical practice used by most firms is to find a single server that can do the work at the least cost and within the available time. Find the best sıngle server solution-that is, which single server should you use and for how many hours will you rent this server?
- variables $E$11 47000 0 35 7.0000001 8.0000001 BO Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $B$16 LHS 55000 41 55000 10500 47000 $B$17 LHS 72000 35 72000 10500 47000 $B$18 LHS 80000 -8 80000 47000 10500 10500 $B$19 LHS 47000 0 57500 1E+30 The answers to the questions are found in this sensitivity report. Questions: Write your responses in the space provided 1. What is the range of optimality for the BN and BO variables? write your answers in this format: Lower limit <= Coefficient of BN <= Upper limit. Example 22 <= C of BN <= 40 2. What is the range of feasibility for the constraints located on B17 and B18? 3. If the right-hand side of the constraint located on B17 is decreased by 200, what is the effect on the value of the objective function?Calculating outcomes as equally likely would BEST describe: O a. Maximax criterion O b. Laplace criterion O c. Regret criterion Od. Maximin criterion Determining the average payoff for each alternative and choosing the one with the BEST payoff is the approach called: ea, maximax O b. minimax regret O c. laplace Od maximin 2Suppose my utility function for asset position x is givenby u(x) ln x.a Am I risk-averse, risk-neutral, or risk-seeking? b I now have $20,000 and am considering the follow-ing two lotteries: L1: With probability 1, I lose $1,000.L2: With probability .9, I gain $0.L2: With probability .1, I lose $10,000.Determine which lottery I prefer and the risk premium of L2.
- PROBLEM-2 XYZ Company manufactures a number of products. One important product is Q. which consists of two internally manufactured items Rand S as in the figure below: R (1 Piece) ITEM Q R S Item Q is assembled in an assembly station, A 10; Item R is in work center WC 30, and item S is manufactured in work center WC 70. Operation data for product Q and items R and S are shown in the table: ITEM Q Week Gross Requirements Lot size Lot for lot 50 150 1 40 Q Work Center 2 80 A 10 WC 30 WC 70 3 40 S (3 Pieces) 4 30 Setup time (Hrs) 0 3.0 2.0 5 40 6 30 Runtime per piece Lead Time (weeks) (Hrs) 1.7 1.0 1.0 1 1 1 1 Determine "capacity requirements planning" stated for product Q in the work centers A 10, WC 30, and W 70 for the next weeks on the basis of material requirements planning carried out.Briefly explain these terms:a. Basic variableb. Shadow pricec. Range of feasibilityd. Range of optimalityMaximize p = 7x + 6y + 3z subject to x + y + z ≤ 150 x + y + z ≥ 100 x ≥ 0, y ≥ 0, z ≥ 0. p= (x, y, z)=
- Please show how to solve bFormulate an LP model for the following problems.1. Bernadette intends to invest up to ₱50,000 in either Best Fund, or a time deposit orboth. The Best Fund pays 8% per year and the time deposit pays 9%. Because theBest Fund is riskier than the time deposit, so she intends to put at most ₱30,000 intothe time deposit and at least ₱10,000 into the Best Fund. How much should she allotto each investment in order to maximize her returns?SIMPLEX METHOD A factory makes tennis rackets and cricket bats. A tennis racket takes 1.5 hours of machine time and 3 hours of craftsman’s time in its making while a cricket bat takes 3 hour of machine time and 1 hour of craftsman’s time. In a day, the factory has the availability of not more than 42 hours of machine time and 24 hours of craftsman’s time. If the profit on a racket and on a bat is Php 20.00 and Php 10.00 respectively, find the maximum profit of the factory when it works at full capacity.