(a) Plot the data on U.S. general aviation shipments. (b) Describe the pattern and discuss possible causes. (c) Would a fitted trend be helpful? Explain. (d) Make a similar graph for 1992-2003 only. Would a fitted trend be helpful in making a prediction for 2004? (e) Fit a trend model of your choice to the 1992-2003 data.
1. Consider the following linear programming problem Max 8X + 7Y s.t. 15X + 5Y < 75 10X + 6Y < 60 X + Y < 8 X, Y ³ 0 What is the optimal value of the objective fu
Investment Advisors, Inc., is a brokerage firm that manages stock portfolios for a number of clients. A particular portfolio consists of U shares of U.S. Oil and H shares of Huber Steel. The annual return for U.S. Oil is $3 per share and the annual return for Huber Steel is $5 per share. U.S. Oil sells for $25 per share and Hube
Solve linear programming problem. See the attached document for proper formatting. Week 7 Hartley's makes furniture. The time required for each item is listed below. Find the mix of products and sensitivity report to make the highest profit for Harley's. Chairs Tables Bookcases Available Assemb
7-18 For the linear program Max 4A + 1B s.t. 10A + 2B <= 30 3A + 2B <= 12 2A + 2B <= 10 A, B >= 0 a. Write this problem in standard form. b. Solve the problem using the graphical solution procedure. c. What are the values of the three slack variables at optimal solution? Please provide detailed instruc
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,
Food and clothing are shipped to Victims of a natural disaster. Each carton of food will feed 13 people while each carton of clothing will help 6 people. Each 20 cubic foot box of food weighs 40 pounds and each 5 cubic foot box of clothing weighs 25 pounds. The commercial carriers transporting food and clothing are bound by the
Discuss and provide examples of the application of Linear Programming in the industry. Why is the application of LP very important in business?
The following linear programming problem has been solved by The Management Scientist. Use the output to answer the question what would happen to the profit if the first constraint's right-hand side decreases by 500 and the second constraint's right hand side is increased by 300? MAX 25X1+30X2+15X3. (see attached)
What is the profit for the linear program problem below? MaximizeP = 5X + 10Y Subject to X >=2 (Resource A) 3Y <=18 (Resource B) - 3X + 3Y >=6 (Resource C) where X , Y >=0 A. Unbounded B. 50 C. 70 D. 80 F. 85
Westside Technology Consulting is an information technology consulting firm based in Los Angeles, California. The firm is owned by two engineers with extensive experience in the hardware design field who are able to act as lead engineers on consulting projects, as are two other members of the firm. Westside also employs 9.5 ot
Fairview Manufacturing Company is considering a number of expansion projects to take place over the next four years. Specifically, Fairview Manufacturing needs to utilize a capital budgeting process to select appropriate opportunities from a total of five approved projects under consideration. Each project requires lump sum ca
See the attached file. After the hurricanes in Florida in the summer of 2004, FEMA sent disaster relief trucks to the state carrying bottled water and generators. Each truck could carry no more than 6000 pounds of cargo. Each case of bottled water weighed 25 pounds and each generator weighed 150 pounds. Due to the number of tru
The Midland Tool Company manufactures prefabricated metal housings and covers for consumer products under contracts from finished goods producers on four heavy presses of different sizes and different requirements. Currently, the company has a contract to manufacture three products that each require operations on any one of the
I want to formulate an LP problem of the problem below in the Standard form and then solve (Textbook i use is "linear programming by Vasek Chvatal). "A farmer grows three crops: corn, oats, and soybeans. He mixes these together to feed his own cows and pigs. At least 40% of the feed mix for the cows must be corn. THe feed mix
Considering the following linear programming problem: max -2x + y -z -3x + y -2z <= 10 -x - y -2z <= 5 x,y,z >= 0 (legend: <= means less than equal and >= means greater than equal) a) Form the dual linear programming problem b) Solve the dual geometrically Draw the lines -3p - q = -2, p - q = 1, -2p -
Please see the attached file. Find the local maximum and minimum values and saddle point(s) of the function.
Matrix methods can be used to solve linear programming problems. A linear programming problem is used to find an optimal solution, subject to stated restraints. Fox example, consider an accountant who prepares tax returns. Suppose a form 1040EZ requires $12 in computer resourced to process and 22 minutes of the accountant's tim
Answer following problems. The problems solved last week helped me break down all 60 questions I had to answer last week and I would like to do the same thing this week. Here are about 9 problems some multiple parts that are different areas I need help with. 1. a. Add slack variables or subtract surplus variables. b.
Describe and illustrate graphically the special cases that can occur in a linear programming solution. What clues for these cases does the simplex procedure supply?
Write the following problem in tableau form. Which variables would be in the initial basis? Max x1 + 2x2 s.t. 3x1 + 4x2 <= 100 2x1 + 3.5x2 >= 60 2x1 - 1x2 = 4 x1, x2 >= 0
Problems must be completed in QM or Lingo 10. Please see the attached file. 1.0 Given the following linear programming problem: Min Z = 2x + 8y Subject to (1) 8x + 4y 64 (2) 2x + 4y 32 (3) y 2 What is the minimal solution? Use Lingo10 or QM to solve. Include your solution screen shots 2.0 Max Z = $
Solve the following problem by the simplex method. Max 100x1 + 120x2 + 85x3 s.t. 3x1 + 1x2 + 6x3 < 120 5x1 + 8x2 + 2x3 < 160 x1 , x2 , x3 > 0
Please see attached file.
The Billings Company makes home consturction products. The company has 3 plants. Plant 1 produces metal hardware Plant 2 produces wood products Plant 3 produces glass and does assembly for complex products Billings wants to introduce two new products - a glass door and a bay window assembly.
Please take a look at my attachment. Please include the solutions and how you arrived at answers to this question. A huge restaurant is preparing their food service for spring. The preparation requires to buy seafood, vegetables and meat in at least the amounts which given in the following table. Food Minimum wei
1. Consider the following linear programming model: Maximize Z=5 x1 + 4x2 Subject to 3x1+4x2≤10 X1, x2≥0 and integer Demonstrate the graphical solution of this model. 3. A tailor makes wool tweed sport coats and wool slacks.
Please see attachment for instructions. I need the model on a graph line and all work shown.
Please see attachment. I need help on formulating the linear program model and then need to graph on a grid line. Please show all work.
The bozo manufacturing co. uses a gauge and has an annual usage rate of 100,000 units/year. The unit has an ordering cost of $50 and an annual unit carrying charge of 20% of the unit price. For lot sizes of fewer than 5,000, the unit price is $.50; for 5,000 to 10,000 the unit price is $.45, and for over 10,000 units $.40 per un