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    Optimization

    Transportation Optimization Problem

    Steel mills in three cities produce the following amounts of steel weekly location weekly production (tons) Ashville 210 Birmingham 150 columbus 320 these mills supply steel to four cities where manufacturing plants have the following demand city weekly demand Detroit 130 St

    Maximum Profit and Minimum Average Cost

    You are given the function p(q) at which q units of a particular commodity can be sold and the total cost c(q) of producing the q units: In each case A) Find: Revenue Function R(q), the profit function P(q), the marginal revenue R'(q), and the marginal cost C'(q). Sketch the graphs of p(q), R'(q), and C'(q) on the same coord

    Math problem

    Seall Manufacturing Company makes color television sets. It produces a bargain set that sells for $100 profit and a deluxe set that sells for $150 profit. On the assembly line the bargain set requires 3 hours, and the deluxe set takes 5 hours. The cabinet shop spends 1 hour on the cabinet for the bargain set and 3 hours on the

    Forecasting

    I need help with the attached problem about the university bookstore student computer purchase program. Use either MS word or Excel. Thanks!

    Functions, Population Growth and Forecasting

    Pick a country of your choice that is experiencing population growth. Using the Library, web resources, and/or other materials to find the most recent population count of the country you have chosen and the population growth rate of that country. Use that growth rate to approximate the population in the year 2012.Write a paragra

    Forecasting and Moving Averages

    The chairperson of the department of management at State University wants to forecast the number of students who will enroll in production and operatiosn management (POM) next semester, in order to determine how many sections to schedule. The cahir has accumulated the following enrollment data for teh past eight semesters: S

    Profit, Optimal Price and Average Total Cost

    Please refer attached file for diagram. A hypothetical monopoly firm is characterized by the following diagram. a. Assuming that the above firm is a profit maximizer operating in the short run, determine its optimal price? b. Determine the firm's profit c. What is the ATC?

    Revenue optimization

    I attached the problem. Suppose the total revenue in dollars from sale of q units of a certain commodity is R(q) =  At which level of sales is the average revenue per unit equal to the marginal revenue? Verify that the average revenue is increasing if the level of sales is less than the level in part (a) and decre

    Finding optimal level of production

    For the graph below: a. Identify the firm's profit maximizing (or loss minimizing output) b. Is the firm making a profit or realizing losses? How do you know? c. Should the firm continue to operate in the short run? Please see the attached file for the graph.

    Minimin & Minimax Criterion

    A company must decide now which of three products to make next year to plan and order proper materials. The cost per unit of producing each product will be determined by whether a new union labor contract passes or fails. The cost per unit for ecah product, given each contract result, is shown in the following payoff table

    Nonlinear Programming & Evolutionary Optimization

    This is a problem #14, chapter 8 - Nonlinear Programming & Evolutionary Optimization, from the textbook by Cliff Ragsdale, "Spreadsheet Modeling and Decision Analysis". This problem requires the use of Excel and the add-in, called Solver. The course is Excel-based and Solver is the optimization application used for all problems

    Nonlinear Programming & Evolutionary Optimization

    This is a problem #10, chapter 8 - Nonlinear Programming & Evolutionary Optimization, from the textbook by Cliff Ragsdale, "Spreadsheet Modeling and Decision Analysis". This problem requires the use of Excel and the add-in, called Solver. The course is Excel-based and Solver is the optimization application used for all proble

    Detailed Explanation to Integer Programming

    1. Solve the following problem: Max X + 2Y s.t. 6X + 8Y < 48 7X + 5Y > 35 X, Y > 0 Y integer a. Find the optimal solution to the LP Relaxation. Round down to find a feasible integer solution. Is this solution optimal? b. Find the optimal solution. 2. The Westfall Company has a contra

    Integer Programming

    Integer Programming (see attachment) Beaver's makes 3 products. Each requires work in a three different departments. Labor-hour Reqmts Department Prod 1 Prod 2 Prod 3 Total Avail A 1.50 3.00 2.00 450.00 B 2.00 1.00 2.50 350.00 C 0.25 0.25 0.25 50.00 Profit 25.00 28.00 30.00 Setup costs 400.00 550.00 600.00

    Optimization

    I have a problem that needs to be solved using any numerical programming. It has been solved and two examples are provided for validation. The only thing missing is the procedure program. I prefer using the matlab if you can I can pay you any thing you want to solve it. Can you do it. I have the objective function.

    Network Flow Models; Transportation Nodes; Optimization in Excel; Solver

    The blood bank wants to determine the least expensive way to transport available blood donations from Pittsburg and Staunton to hospitals in Charleston, Raonoke, Richmond, Norfolk, and Suffolk. The supply and demand for donated blood is shown in Figure 5.34 along with the unit cost of shipping along with each possible arc. (a)

    Linear Programming : Echelon or Gauss-Jordan Methods and Optimization

    At rush hours, substantial traffic congestion is encountered at the traffic intersections shown in the figure. (The streets are one-way, as shown by the arrows.)The city wishes to improve the signals at these corners so as to speed the flow of traffic. The traffic engineers first gather data. As the figure shows, 700 cars per h

    LP Problem: maximization of ratings.

    An aircraft repair facility currently has four jobs awaiting work. Four teams of mechanics are available. Each team can work on only one of the jobs. Over a period of several months the manager has evaluated the repair teams in a variety of jobs. Evaluations are based on 100 being the maximum evaluation possible. The teams

    Linear Programming : Optimization

    Quitmeyer Electronics Incorporated manufactures the following six microcomputer peripheral devices: internal modems, external modems, graphics circuit boards, CD drives, hard disk drivers, and memory expansion boards. Each of these technical products requires time, in minutes, on three types of electronic testing equipment, as s

    Absolute max and min

    Find the absolute maximum and minimum values of the function f (x) = 2x^3 + 6x^2 - 2x on the following two intervals: (a) [0,1] (b) [-3,1]

    Integer Programming

    If we are solving a 0-1 integer programming problem, the constraint x1 &#8804; x2¬ is a ________________constraint.

    A Constrained Maximization Problem

    Please see the attached file for the fully formatted problems. Maximize the function f(x1, x2)=x21 + x22 subject to x1>0, x2> and 2x1+x2<10.

    Maximization : Sensitivity Range

    MULTIPLE CHOICE For a maximization problem, assume that a constraint is binding. If the original amount of a resource is 4 lbs., and the range of feasibility (sensitivity range) for this constraint is from 3 lbs. to 6 lbs., increasing the amount of this resource by 1 lb. will result in the: a. same product mix, different tota

    Shortest Path and Maximal Flow Problem

    Please see the attached file for the fully formatted problems. 1. Shortest Path and Maximal Flow Problem (30%): You are given the following directed network. [NETWORK] a. (Shortest Path Problem 15%) Let the numbers on the arcs represent distances and find the shortest path from node 1 to node 9. b. (Maximal Flow

    Average Forecast Error

    I am having a hard time calculating the average forecast error for september using a four period moving average. Month actual demand forecast demand Avg forecast error march 20 April 25 May 40 June 35 July 30 30 Aug 45 32.5 Sept 37.5 How do

    Linear Programming: Optimization

    See the attache file. A furniture manufacturer makes chairs and sofas. Each chair can be sold for a profit of £15 and each sofa for a profit of £5. It takes four hours to make a chair and five hours to make a sofa. The manufacturer has enough workers to provide 200 hours per week producing the furniture. Customer demand requi

    Operatios Research: Linear Programming and Optimization

    Please see the attached file for the fully formatted problem(s). Show all work, define all terms, and label all answers. Please do not simply writing down an answer without an explanation. 1. (20%) A company is planning its aggregate production schedule for the next three months. Units may be produced on regular time

    Operations Research: Linear Programming for Optimization

    2. Blending Problem (20%): Determine the optimal amounts of three ingredients to include in an animal feed mix. The final product must satisfy several nutrient requirements. The possible ingredients, the nutrient contents (as proportion of the ingredient), and the unit costs are shown in the table. The mixture must meet the foll

    Engine Assembly: Optimization

    C) Since the allowable increase is 333,33 units - the extra 100 units will be 100 times the first unit (the objective function will increase linearly as the capacity increase on engine assembly - till 4333.33). You can re run the model with new numbers plugged in. (Please show this).