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    Operations Research

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    Quantitative Methods

    Let xij = gallons of component i used in gasoline j. Assume that we have two components and two types of gasoline. There are 8,000 gallons of component 1 available, and the demand gasoline types 1 and 2 are 11,000 and 14,000 gallons respectively. Write the constraint stating that the component 1 cannot account for more than 35%

    Quantitative Methods

    Danson furniture buys 2 products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space. The company has $75000 to invest in shelves this week, and the warehouse has 18000 cubic feet a

    Quantitative Methods: Linear Programming Problem

    The production manager for the Whoppy soft drink company is considering the production of 2 kinds of soft drinks: regular and diet. The company operates one "8 hour" shift per day. Therefore, the production time is 480 minutes per day. During the production process, one of the main ingredients, syrup is limited to maximum produ

    Quantitative Methods : Linear Programming Problem

    Consider the following linear programming problem MIN Z = 10x1 + 20x2 Subject to: x1 + x2 12 2x1 + 5x2 40 x2 13 x1 , x2 0 At the optimal solution, what is the value of surplus and slack associated with constraint 1 and constraint 3 respectively ?

    Linear Programming and feasible region

    Consider the following linear programming problem MIN Z = 10x1 + 20x2 Subject to: x1 + x2 12 2x1 + 5x2 40 x2 13 x1 , x2 0 What are the values of x1 and x2 at the extreme points of the feasible region ?

    Linear Programming for Revenue Maximization

    What are the optimal values of x1, x2, and z? Consider the following linear programming problem: Max Z = $15x + $20y Subject to : 8x + 5y 40 0.4x + y 4 x, y Determine the values for x and y that will maximize revenue. Given this optimal revenue, what is the amount of slack associated with the first

    Identifying the Binding Constraints

    Consider the following minimization problem. Min z = x1 + 2x2 s.t. x1 + x2 300 2x1 + x2 400 2x1 + 5x2 750 x1, x2 0 Which constraints are binding at the optimal solution? (x1 =250, x2 = 50).

    Investigate Operations Management (OM) tools used by international companies

    You have heard that many companies use Operations Management (OM) tools. You asked your supervisor what he thought about this. Your supervisor requested that you research the idea and present it at the afternoon manager's meeting to see if it is something valuable to use. He had asked that you make sure to find examples of other

    Linear Programming Model Set Objective Function

    1. A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 hours. Each product requires 10 hours of processing time on line 1, while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, a

    Business Research for Decision Making

    Unit 1 Individual Project subject to complete problem: You have just been hired by Juicy Red Tomato Company as a human resources consultant. Juicy Red Tomato Company (JRT), a tomato grower operating in Florida, hired you to investigate (1) the effectiveness and efficiency of its organizational structure, and (2) the selection

    3 Tea Blends: Operations Research for current product mix and optimal mix

    In the attached excel file, there are 3 spreadsheets. SCENARIO - If filtration time for Kyoto Blend was reduced by 10% There are TWO (2) required calculations: CURRENT PRODUCT MIX spreadsheet - If filtration time was reduced by 1% - 20% for Kyoto blend, what would be the effects on weekly profits and number of unit

    Calculate the Total Surgeries by Type and Doctor

    See the attached file. You are managing the OR and have been told to come up with the mix of surgeries and doctors that will yield $2,300,000. Currently your OR performs 5 different surgeries and has 3 different doctors. Your OR operates one shift per day with a maximum amount of 8,000 OR hours. The only constraints that you ha

    Research Operations Mgmt tools and do PowerPoint presentation

    Deliverable Length: 8-12 slides You have heard that many companies use Operations Management (OM) tools. You asked your supervisor what he thought about this. Your supervisor requested that you research the idea and present it at the afternoon manager's meeting to see if it is something valuable to use. He had asked that you

    Case study: BEST Health Food Company

    1. Set up the following linear programming problem in an Excel spreadsheet so I can work it with Solver. 2. Provide a written step by step explanation so I will understand similar problems on the midterm next week. After I work through the problem and explanation I would like you to review my answers to be certain I am o

    Linear Programming Problem: Mobile Chair Company

    Attached is a problem I have worked through, including sensitivity reports, etc. Please work through the additional questions and provide answers and explain for me in sufficient detail for me to do on my own: 1. If Mobile Chair Company could gain 100 additional hours, at no additional cost, in its production department, how

    Linear Programming Problem Trouble Shooting

    I seem to be missing something. Please review the attached file, explain what I am missing, and respond with a corrected Excel spreadsheet so I can solve with Solver and use for future problems. MOBILE CHAIR COMPANY PROBLEM INPUT COST INSIDE ELECT $55 INSIDE GAS $85 OUTSIDE ELECT $67

    Linear Programming, Assignment, Transportation Problems

    1. You are a manufacturer of tables and chairs. There are two types of wood and various amounts of labor required for each product. Specifically, each table requires 5 yards of walnut, 2 walnut, 3 yards of pine and 2 labor-hours. Each chair requires 2 yards of walnut, 2 yards of pine and 2 labor-hours. The manufacturer can s

    Linear Programming, Assignment, Transportation Problems

    1. You are a manufacturer of tables and chairs. There are two types of wood and various amounts of labor required for each product. Specifically, each table requires 5 yards of walnut, 2 walnut, 3 yards of pine and 2 labor-hours. Each chair requires 2 yards of walnut, 2 yards of pine and 2 labor-hours. The manufacturer can s

    Decision Theory - decision tree, value of perfect information

    5) The owner of The East End Technology Company has collected statistics on previous demand: Daily Demand 0 10 20 30 40 or more # of days 5 8 15 12 10 a. Using the expected monetary value model, what is the best development alternative? b. What is the value of perfect information? c. Draw the decision tree for thi

    Transportation - Logistics

    WPC has 4 assembly plants in Europe. They are located in Leipzig, Nancy, Liege & Tilburg. The engines used by these plants are produced in th United States, shipped to harbors in Amsterdam, Antwerp and Le Havre and are sent to the plants for assembly. WPC must decide how many engines to send from each harbor to each plant. Th

    Shoeco: linear programming model to compute an optimal production policy

    Part I During the next four months Shoeco must meet, on time, the following demands for pairs of shoes: 300 in month 1; 500 in month 2; 100 in month 3; and 100 in month 4. At the beginning of month 1, 50 pairs of shoes are on hand, and Shoeco has three workers. A worker is paid $1500 per month. Each worker can work up to 160