Purchase Solution

MAT - 540 Quantitaive Methids

Not what you're looking for?

Ask Custom Question

The Livewright Medical Supplies Company has a total of 12 salespeople it wants to assign to three regions - the South, the east, and the Midwest. A salesperson in the South earns $600 in profit per month for the company, a salesperson in the Eat earns $540, and a salesperson in the Midwest earns $375. The southern region can have a maximum assignment of 5 salespeople. The company has a total of $750 per day available for expenses for all 12 salespeople. A salesperson in the South has average expenses of $180 per day, a salesperson in the East ha average expenses of $70 per day, and a salesperson in the Midwest has average daily expenses of $50. The company wants to determine the number of salespeople to assign to each region to maximize profit.

a. Formulate an integer programming model for this problem.
b. Solve this model by using the computer.

Purchase this Solution
Solution Summary

The solution examines quantitative methods and integer programming model is determined. The model is solved using the computer model.

Solution Preview

The Livewright Medical Supplies Company has a total of 12 salespeople it wants to assign to three regions - the South, the east, and the Midwest. A salesperson in the South earns $600 in profit per month for the company, a salesperson in the Eat earns $540, and a salesperson in the Midwest earns $375. The southern region can have a maximum assignment of 5 salespeople. The company has a total of $750 per day available for expenses for all 12 ...

Solution provided by:
Sandhya Sharma, MSc
Education
  • BSc, Meerut University
  • MSc, Meerut University
  • MPhil, Institute of Advanced Studies
  • MSc, AIT
Recent Feedback
  • "Perfect, thank you so much!!! I will definitely request you in the future! You are amazing!"
  • "Thank you. "
  • "Thank you so much I have two more that I need your help with if your available."
  • "Thank you, I was wondering why you rejected me the first time."
  • "Thanks again."
Purchase this Solution
Free BrainMass Quizzes
Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

View More Free Quizzes
Related BrainMass Solutions

  • The role of rhetoric in research reporting

    Three definition of rhetoric are set out and it's use in qualitative and quantitaive research examined. In neither case should the way rhetoric is used be different.

  • Finding the inverse of a 2x2 matrix

    (A) * inv(A) = mat(4 -3; 8 7) * (1/52) * mat(7 3; -8 4) = (1/52) * mat(4 -3; 8 7) * mat(7 3; -8 4) = (1/52) * mat(52 0; 0 52) = mat(1 0; 0 1) = I. This part checks out.

  • Linear Progamming / Production Schedule

    Similarly, a single line 2 machine could produce either 25 tons of type 2 mat or 28 tons of type 3 mat. Note that mat type 1 cannot be produced on line2, while mat type 3 cannot be produced on line 1.

  • Determine if the set of elements are linearly independent

    mat(2a,3a;a,a) + mat(-b,2b;0,0) + mat(c,0;0,c) = mat(0,0;0,0). When we add matrices together, we can add them element by element. This will give us a system of equations.

  • Calculate Beginning Works in Process Inventory

    Mat 77,308 Adm Expenses 36,793 COGM 193,132 Raw Mat Used in Pro 73,957 Selling Expenses 12,455 Aug1 Aug 31 Raw Mat Inventory 6592 WIP Inventory 12,731 Finished Goods Inventory 21,726

  • Finding the least squares estimates given a set of equations

    mat(Y1; Y2; Y3) = mat(1 0; 2 1; 1 -2)*mat(theta; xi) + mat(eps1; eps2; eps3). This is in the usual form of Y=X*beta + epsilon, where X = mat(1 0; 2 1; 1 -2) and beta = mat(theta; xi).

  • Given a 2x3 matrix A, find AA'

    AA' = mat[4 0 7; 9 -3 8] x mat[4 9; 0 -3; 7 8] = mat[65 92; 92 154]. For a cleaner, more detailed version of the solution, please see attached Word doc. A step-by-step solution is provided.

  • Finding the determinant of 2x2 matrices

    (a) mat[4 3; -2 9] (b) mat[5 -7; 4 12] Please see the Word document for a cleaner version of the problem. A: For a 2x2 matrix, the formula for the determinant is the following det{mat[a b; c d]} = (a*b) - (c*d). So, let's use this.

  • Finding eigenvalues of a matrix

    LI-U = mat(L 0; 0 L) - mat(2 4; 3 1) = mat(L-2 -4; -3 L-1). Now, we need to find the determinant of this matrix. Recall that, for a matrix A = mat(a b; c d), det(A) = ad-bc.

  • Calculating Overhead rate through a Labor and Machine Hours

    The following table summarizes the operating data for each mat style: Overhead is allocated to the two mat styles using a predetermined overhead rate estimated from a flexible budget at the beginning of the year.

View More Related Solutions