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- 80 < In the same real estate transaction, Broker Barbara steals funds from both the buyer and the seller. They sue her and receive a judgment, which they use to make claims to the Real Estate Recovery Fund. What is the maximum amount the Fund will reimburse to the claimants? $50,000 each $50,000 total $150,000 total $150,000 eachExplain the terms flow rime and lateness.L.P. Model: Maximize Subject to: Z=8X+6Y 1X+2Y ≤8 5X+4Y ≤ 20 X,Y 20 (C₁) (C₂) On the graph on right, the constraints C, and C₂ have been plotted. Using the point drawing tool, plot the four corner points for the feasible area. 20- 18- 16- 14- 12- > 10- 8- 6- 4- 2- 0- 0 2 4 6 8 10 X 12 14 16 18 20 Q 5
- Smith, Schroeder, and Torn (SST) is a short-haul house-hold furniture moving company. SST's labor force selected from the local community college football team is temporary and part-time SST is concerned with recent complaints, as tabulated on the following tally sheet. Complaints Tally Broken Glass 13 Delivered to the wrong address 9 Furniture rubbed together while on truck 20 Late delivery 5 Late arrival for pick up 18 Missing items 26 Nicks and scratches from rough handling 10 Soiled upholstery 8 a. Draw a bar chart and Pareto chart using OM Explorer to identify the most serious moving problems b. the manager of Smith, Schroeder, and Torn is attempting to understand the root causes of complaints. he has compiled the following list of issues that occurred during problem deliveries: the truck broke down, ran out of packing boxes, multiple delivers in one-day cause truck to be late, no furniture pads, employee dropped several items, the driver got lost on route…1. Power Notebooks, Inc. plans to manufacture a new line of notebook computers. Management is trying to decide whether to purchase the LCD screens for the computers from an outside supplier or to manufacture the screens in-house. The screens cost $100 each from the outside supplier. To set up the assembly process required to produce the screens in-house would cost $100,000. The company could then produce each screen for $75. The number of notebooks that eventually will be produced (Q) is unknown at this point. a. Set up a spreadsheet that will display the total cost of both options for any value of Q. Use trial-and-error with the spreadsheet to determine the range of production volumes for which each alternative is best. b. Use a graphical procedure to determine the break-even point for Q (i.e., the quantity at which both options yield the same cost). 2. Back Savers is a company that produces backpacks primarily for students. They are considering offering some combination of two…Problem 7-09 (Algorithmic) Hawkins Manufacturing Company produces connecting rods for 4- and 6-cylinder automobile engines using the same production line. The cost required to set up the production line to produce the 4-cylinder connecting rods is $1,400, and the cost required to set up the production line for the 6-cylinder connecting rods is $3,100. Manufacturing costs are $15 for each 4-cylinder connecting rod and $18 for each 6-cylinder connecting rod. Hawkins makes a decision at the end of each week as to which product will be manufactured the following week. If a production changeover is necessary from one week to the next, the weekend is used to reconfigure the production line. Once the line has been set up, the weekly production capacities are 6,500 6-cylinder connecting rods and 8,200 4-cylinder connecting rods. Let X4 = the number of 4-cylinder connecting rods produced next week X6 = the number of 6-cylinder connecting rods produced next week S4= 1 if the production line is…
- L.P. Model: Minimize Subject to: Z = 15X+12Y 7X+11Y288 (C₂) (C₂) 16X+4Y280 X,Y 20 On the graph on right, constraints, C, and C₂ have been drawn. Using the point drawing tool, plot all the corner points for the feasible area. 24- 22- 20- 18- 16- 14- 12- 10 8- 64 4- 2- -N 10 12 14 16 18 20 22 24 X C GCase- R. C. Coleman’s Warehouse Project C. Coleman distributes a variety of food products that are sold through grocery store and supermarket outlets. The company receives orders directly from the individual outlets, with a typical order requesting the delivery of several cases of anywhere from 20 to 50 different products. Under the company’s current warehouse operation, warehouse clerks dispatch order-picking personnel to fill each order and have the goods moved to the warehouse shipping area Because of the high labor costs and relatively low productivity of hand order picking, management has decided to automate the warehouse operation by installing a computer-controlled order-picking system along with a conveyor system for moving goods from storage to the warehouse shipping area. R. C. Coleman’s director of material management has been named the project manager in charge of the automated warehouse system. After consulting with members of the engineering staff and warehouse…3. General Construction Company General Construction Company has a contract to build three lower‐income apartment buildings for the city of Santa Fe, New Mexico. During the construction of the first building, the Project Manager formed an auditing team to audit the construction process for each building. He asked the team to develop a list of minimum requirements for the projects and use this as a baseline in the audit. While reviewing the contract documents, one of the audit team members found a discrepancy between the contract minimum requirements and the City’s minimum requirements. Based on his findings, he has told the project manager that he has decided to contact the city administrator and discuss the problem. Question: If you were the project manager, how would you handle this situation? How can a customer be assured of satisfactory project completion?
- Janice Brown is employed by Starport Hardware Limited as a store clerk. One day she was inthe store arranging some items on a top shelf, the ladder she was standing on collapsed and shesuffered a broken arm and leg. The doctor told her that she had to a major surgery and it wouldtake approximately three months for her to heal enough to return to work. She is very concernedabout how she would pay her medical and recurring bills during this period. Her colleaguevisited her a week after the accident and told her about workers compensation. She is unsureabout the concepts and seeks your help to answer certain questions. A. Explain the concept ‘workers compensation’ B. Discuss the main objectives of workers compensation.C. Explain to Janice how workers compensation can assist her.D. Self-insurance is connected to workers compensation. State what isself -insurance and outline three advantages of it.Requirement 2. Ralph does not like the idea of sharing the costs equally because he plans to stay in the room rather than ski. Raph suggests that each type of cost be alocaled to each porson based on the aboveisted alocation bases. Using the activity aliocation for each person, calculate the amount that each person would pay based on his own consumption of the activity. If the costs were allocated, each person would pay the following Allocated Cost Bily Data Table Ralph Estimated Activity Allocation Costs Allocation Base Billy Ralph Food 450 Pounds of tood eaten 16 34 ly Sking 240 Number of lin tickets Lodging 400 Number of nights 4. 1,090 Print DoneProctoring Enabled: Chapter 7 Using Binary Integer Progr.. 6 Saved Help 2 Your employer is trying to select from a list of possible capital projects. The projects, along with their cost and benefits, are listed below. The capital budget available is $1 million. In addition to spending constraints, your employer would like to select at least 2 projects. Projects 5 and 3 cannot both be selected together. Formulate the problem as a linear program and determine the optimal solution. Project Cost Net Present Value $230,000 $300,000 $660,000 $740, 000 $450,000 $450,000 $560,000 2 $260,000 $230,000 $255,000 3. 4 Which projects should be selected? Project 1 will Project 2 will Project 3 will Project 4 will Project 5 will What is the total net present value of these projects? Total net present value Next Mc Graw Hill < Prev 2 of 5 HUAWEI