Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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Expert Solution & Answer
Chapter 5.3, Problem 5P
Explanation of Solution
Calculating the extra payment:
- Let x1 is the number of motorcycle produced at plant 1, x2 is the number of motorcycle produced at plant 2 and x3 is the number of motorcycle produced at plant 2.
- In order to minimize the cost of meeting these demands, the following Linear
Programming has to be solved: - min z=
- Such that
- All variables ≥ 0
- The output of this Linear Programming is given below:
- min z=
- Subject to constraint
- End
- LP optimum is found at step 3
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Part 4-Network Problems(10)The U.S. government is auctioning off oil leases at two sites: 1 and 2. At each site, 100 000 acres of land are to be auctioned. Cliff Ewing, BlakeBarnes, and Alexis Pickens are bidding for the oil. Governmentrules state that no bidder can receive more than 40% of the land being auctioned. Cliff has bid $1,000/acre for site 1 land and $2,000/acre for site 2 land. Blake has bid $900/acre for site 1 land and $2,200/acre for site2 land. Alexis has bid $1,100/acrefor site 1 land and$1,900/acre for site 2 land.
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b.Use the minimum-cost method to find the basic feasible solution for this problem."
Problem 1. (Lee's Barber shop). Lee operates a barber shop. Today, five customers made
reservation as below and they will arrive the barber shop sharply. Lee is the only barber, so if Lee
is busy that customers will wait in the waiting area. First come first service policy will be observed.
Customer
Wayne
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Reservation Time
12:05PM
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12:15PM
12:25PM
12:45PM
Q1-1. Draw the number of customers in the waiting line over an hour (from 12PM to 1PM).
Q1-2. Fill out the following 10 blanks.
Customer
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15 mins
12 mins
8 mins
15 mins
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Wayne
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Owen
Q1-3. What are the average waiting time and the average system time?
Q1-4. What are the average queue length and Lee's utilization?
1
System Time
Question A.A mortgage pass-through security (PT) has a par value of $100,000, a 4% coupon paid monthly, and is based on 30 year mortgages. The current market rate for similar bonds is 3.5%, and prepayments currently equal $100 per month. Assume rates immediately rise to 4.5%, and prepayments drop to $40 as a result. The PT will now be paid off in month 310. What is the price of the PT today?
A $184,274.6844
B $102,365.1248
C $98,323.2214
D $94,737.4877
Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line
Chapter 5 Solutions
Operations Research : Applications and Algorithms
Ch. 5.1 - Prob. 1PCh. 5.1 - Prob. 2PCh. 5.1 - Prob. 3PCh. 5.1 - Prob. 4PCh. 5.1 - Prob. 5PCh. 5.2 - Prob. 1PCh. 5.2 - Prob. 2PCh. 5.2 - Prob. 3PCh. 5.2 - Prob. 4PCh. 5.2 - Prob. 5P
Ch. 5.2 - Prob. 6PCh. 5.2 - Prob. 7PCh. 5.2 - Prob. 8PCh. 5.3 - Prob. 1PCh. 5.3 - Prob. 3PCh. 5.3 - Prob. 4PCh. 5.3 - Prob. 5PCh. 5.3 - Prob. 6PCh. 5.3 - Prob. 7PCh. 5.3 - Prob. 9PCh. 5.3 - Prob. 10PCh. 5.3 - Prob. 11PCh. 5 - Prob. 1RPCh. 5 - Prob. 2RPCh. 5 - Prob. 3RPCh. 5 - Prob. 4RPCh. 5 - Prob. 6RPCh. 5 - Prob. 7RPCh. 5 - Prob. 8RPCh. 5 - Prob. 9RPCh. 5 - Prob. 10RPCh. 5 - Prob. 11RPCh. 5 - Prob. 12RPCh. 5 - Prob. 13RPCh. 5 - Prob. 14RPCh. 5 - Prob. 15RPCh. 5 - Prob. 16RP
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