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Operations Research

Modern Postcard Analysis

"In the Spotlight" mini-case study on Modern Postcard, visit their website for more information on the company: www.modernpostcard.com/ Then, respond to the following questions: 1. How does the company produce beautifully designed postcards so affordable? 2. How has Modern Postcard managed their operations and assets so effec

Solve the given linear programming problems.

1) The linear program Max 3X1 + 2X2 is solved subject to the constraints i) X1 + X2 =<10 ii) 3X1 + X2 =< 24 iii) X1 + 2X2 =< 16 and iv) non-negativity for both X1 and X2. Which of the following statements is true? A.The optimal solution occurs at (4, 6). B.The optimal solution value is 27. C.The optimal solution occurs a

Computer Production Planning via Linear Programming

A laptop manufacturer is developing a production schedule for the next four quarters. Demands for this manufacturer's laptop computer are forecasted to be 1200 in quarter 1; 2100 in quarter 2; 1500 in quarter in 3; and 600 in quarter 4. Assume that it costs this manufacturer $1200 to produce each laptop computer. At the end of e

Formulate and solve an appropriate integer programming model

In preparing for a two-week camping vacation, a family must decide how many of each of six items should be loaded into their sport-utility vehicle. The weight and perceived benefit (Where a larger benefit value indicates a more useful item) of each of the items are given in the attached file. The family's vehicle can safely carr

Shouldice Hospital - A Cut Above

From: Case: Shouldice Hospital - A Cut Above. pages 87-88. Section 2. Manufacturing, Service, and Health Care Processes. 1. How well is the hospital currently utilizing its beds? 2. Develop a similar table to show the effects of adding operations on Saturday. (Assume that 30 operations would still be performed each day.)

Linear Programming Problem for an Optimal Solution

Simple model formation. Using the attached document, formulate the linear programming model for the school. A company has three teachers. On a particular day, six classes are scheduled to be completed. A class does not need more than one teacher. The cost for each teacher to do each class is shown in the attached document.

Transshipment Linear Programming Problem

Formulate and solve a linear programming problem. A farm company in Texas has three farms that produce grain at capacities of 93, 88 and 95 thousand barrels of grain per day respectively. The company also owns five storage buildings along the Gulf Coast, all of which have been operating at stable demand levels. Further detail

Linear Programming: Model Formulations and Graphical Solutions

1.Universal Claims Processors processes insurance claims for large national insurance companies. , Most claim processing is done by a large pool of computer operators, some of whom are permanent and some of whom are temporary. A permanent operator can process 16 claims per day, whereas a temporary operator can process 12 per day

Walmart, IBM, Citigroup, Exxon Mobil and TATA Motors

For each company, please answer the following by researching the company: Please be comprehensive and provide sources. APA format. Don't use websites as sole sources (Note- One company, one question). 1. Wamart- Give an overall description of the company's history to this day. How did it evolve to be the organization it is

Linear Programming using Excel Solver and a Sensitivity Report

1) An auto parts manufacturer produces three different parts: Model A, Model B, and Model C. Model A requires 50 pounds of special alloy steel per unit, 130 minutes of machining time per unit, and 60 minutes of assembly time per unit. Model B requires 25 pounds of special alloy steel per unit, 100 minutes of machining time per

Linear Programming - Fairwind corp

a) Create an Excel worksheet that solves this problem with Solver. The Fairwinds Development Corporation is considering taking part in one or more of three different development projects A, B, and C that are about to be launched. Each project requires a significant investment over the next few years and then would be sold u

Cost-Benefit Trade-Off (Linear Programming).

Consider a cost-benefit-trade-off problem having the following data: Benefit Contribution Per Unit of Each Activity Minimum Acceptable Benefit 1 2 Level 1 5 3 60 2 2 2 30 3 7 9 126 Unit Cost $60 $50 a. Formulate a linear programming model for this problem on a spreadsheet. b. Use Solver to find the op

Zephyr Inc. End of Their First Year of Operations

At the end of their first year of operations on December 31, 2010 Zephyr, Inc had total GAAP financial net income before taxes of $190,000. Zephyr, Inc.'s tax rate is 35%. They had the following book-tax differences in 2010: $30,000 Tax depreciation in excess of book depreciation $1,500 Municipal bond interest income $10,000

Martin's Decision Making Model

I need some help with the following: Identify a problem in your organization, or a challenge from your simulation experience, and apply the four stages of Martin's decision-making model to it. First, identify how the problem would be solved using conventional thinking and then discuss how the same problem would be solved

The Marketing Research Process

I need help with this question: Briefly discuss the marketing research process. How can a firm leverage its marketing information system (MIS) to yield the greatest value for its research efforts? Your dissussion should cover the six steps of the marketing process which are: 1. Define the Research Problem 2. Establish

Linear Programming for a Transportation Problem

1. A toy manufacturer ships toys from three plants to three regional distribution centers. The shipping costs per carload, plant capacities (in carloads) and demands (in carloads) are given below. Solve the problem and report your transportation assignments, including the total transportation cost. Center 1 2 3 Plant A

Marketing Research Process

This solution briefly describes the marketing research process. What are the major steps in a research project and what activities are carried out under each step. The role of marketing research in a company's MIS system is also covered here.

The Waikiki Enterprise Corporation

Develop problem using Excel: The Waikiki Enterprise Corporation produces two types of computers at its manufacturing plant in Torrance, California. Profit on computer A is $900 per unit and for B it is $600. The manufacturing plant can produce not more than 50 of computer A and 100 of computer B a day. The following table dis

Binary programming model

Globex Investment Capital Corporation owns six companies that have the following estimated returns (in millions of dollars) if sold in 1 of the next 3 years: Year Sold (estimated return, $1,000,000s) Company 1 2 3 1 $14 $18 $23 2 9 11 15 3 18 23 27 4 16 21 25 5 12 16 22 6 21 23 28 To generate oper

Research Methods

Explain the following: -Discuss how research topics are selected. -Discuss the importance of the purpose statement. -Explain how the research questions and hypothesis are developed. -Discuss the null and alternative hypothesis and how they support the research effort. -Discuss how the research effort will be meas

types of triggers; operational data

Briefly describe three types of triggers. What is a stored procedure? How do they differ? Why is operational data sometimes unusable for Business Intelligence use?

How do you formulate this as a goal programming problem

Mick Garcia, a certified financial planner (CFP) has been asked by a client to invest $250,000. This money may be placed in stocks, bonds, or a mutual fund in real estate. The expected return on investment is 13% for stocks, 8% for bonds, and 10% for real estate. While the client would like a very high expected return, she would

Explain the components and functionalities of distribution programming

The most advanced supply-distributor arrangements for administering VMSs involve distribution programming. Explain the components and functionalities of distribution programming. -Please use at least two credible references to complete the assignment. -APA format -In-text and reference citations are required for all written

Solving a linear programming model

Marie McCoy has committed to the local PTA to make some items for a bake sale on Saturday. She has decided to make some combination of chocolate cakes, loaves of white bread, custard pies, and sugar cookies. Thursday evening she went to the store and purchased 20 pounds of flour, 10 pounds of sugar, and 3 dozen eggs, which are t

Burger Doodle restaurant - using excel solver

Solve the linear programming model developed in Problem 22 for the Burger Doodle restaurant by using the computer. a. Identify and explain the shadow prices for each of the resource constraints. b. Which of the resources constraints profit the most? c. Identify the sensitivity ranges for the profit of a sausage biscuit and the a

Research Concepts and Principles for a Proposal of a Project

Now that you have submitted and received approval for your research proposal, you must go before the IRB (institutional review board) at the site where you plan to select subjects and conduct your research. In this final project, describe the role of an IRB in a research process. What types of concerns might they have about your