Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
Expert Solution & Answer
Book Icon
Chapter 5, Problem 3RP

a.

Explanation of Solution

Profit

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and P2 be the pounds of raw material used to produce product 2.
  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value

b.

Explanation of Solution

Profit

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and P2 be the pounds of raw material used to produce product 2.
  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value)

c.

Explanation of Solution

Pay for another pound of raw material

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and P2 be the pounds of raw material used to produce product 2

d.

Explanation of Solution

Pay for another pound of labour

  • Let RM be the pounds of raw material processed, P1 be the pounds of raw material used to produce product 1 and

Blurred answer
Students have asked these similar questions
Maps Remaining Time: 58 minutes, 28 seconds. Question Completion Status: QUESTION 11 Rs 120 2 Vs 20 V RL The source in Figure 2 has an internal resistance of 120 Ohm. Determine the load power for each of the following values of the variable load resistance (a) 00 O a. 330 mW O b.0 mW O c. 450 mW O d. 500 mW
A new Company plans to allocate some or all of its monthly advertising budget of GH¢82,000 in the Mankato area. It can purchase local radio spots at GH¢120 per spot, local TV spots at GH¢600 per spot, and local newspaper advertising at GH¢220 per insertion. The company's policy requirements specify that the company must spend at least GH¢40,000 on TV and allow monthly newspaper expenditures up to GH¢60,000. The payoff from each advertising medium is a function of the size of its audience. The general experience of the firm is that the values of insertions and spots in terms of "audience points" (arbitrary unit), are as given below:           -----------------------------------------------------------------          Radio                             40 audience points per spot          TV                                 180 audience points per spot          Newspapers            320 audience points per insertion         -----------------------------------------------------------------…
Tyrael hired a lawn mower man to cut off the grass around his house. He was informed by the agency that the laborer should be paid depending on the number of hourse in trimming the grass and this costs 350.00/hr. Upon the assessment of the laborer to the lawn, the laborer mentioned that it takes 15 minutes per sqm to do the trimming. Tyrael's rectangular house is situated on a rectangular lot. Your task is to design a program that calculates the amount of time to trim the grass and the cost of the service. To do the calculations, the program should ask inputs for the length and width of the house and the lot. Language: JAVA
Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
Text book image
Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole
Text book image
C++ Programming: From Problem Analysis to Program...
Computer Science
ISBN:9781337102087
Author:D. S. Malik
Publisher:Cengage Learning