Explain the SPACE Matrix in detail with suitable examples
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Q: Mulitiple
A: The answer to this question is all of the above.
Q1. Explain the SPACE Matrix in detail with suitable examples
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- Q-1)A glass melting furnaces feed auto plumping machines for producing the electric lamp casing (balloon),there are two main kinds can be produced, the original and the big one, they must produce at least 25 million of the original but not accede over 35 million ,and they must produce 3 million of the big one, however the ratio of the original must be at least 5 times to the big one which make a profit double the original, producing million of the big one utilize 5% Of the available materials but the original utilize 2.5% of the available materials ,For this problem ,the objective function is: Max Z =0.5X1+2X2 O MIN Z =2X1+X2 O Max Z =2X1+2X2 O Max Z =2X1+X2Q: Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30 $C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1 what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?Q/Choose a suitable question for each of the following answers. 1-Harry works for an international company in Dallas. * Where Harry is working and in which place? For what company Harry does work and where? For what and where does Harry work ? Does Harry work in an international company in Dallas?
- Subject Name: Simulation & Modelling Q. Describe the following : • Simulation of a Multi-server queueing system • Simulation of an inventory systemEx 4.12 Formulate the linear programming model of the following problems. Titan Credit Card Marketing works for HSBC to verify and approve credit card application. TCCM receives P380 for every completed customer application. The company maintained three call agents targeting at P20,000 worth of approvals daily, altogether. In a regular working day, James can process as much as P3000 worth of applications. Mark can process twice as much as Tim. How many credit cards should each call agent process to achieve the target for the day. Formulate the LP modelQ1. A manufacturing firm has discontinued production of a certain unprofitable product line. This created considerable excess production capacity. Management is considering to devote this excess capacity to one or more of three product 1,2 and 3. The available capacity on the machines which might limit output are given below: Machine type Milling machine Lathe Grinder Available time (in machine hours per week) 250 Milling Lathe Grinder 150 50 The number of machine hours required for each units of the respective product is given below; Machine type Productivity (in machine hours/unit) Product 1 Product 2 8 4 2 2 3 0 Product 3 3 0 1 The unit profit would be 20 birr, 6 birr and 8 birr for products 1,2 and 3. Find how much of each product the firm should produce in order to maximise profit ? Solve the problem by simplex method.
- 1. May I know the correct option?Question 1After collecting all those information, David is trying to conceptualize his problem. Supposeyou were David, how you will analysing the problem.You are expected to describe and investigate the problem in a more systematic way, andprovide answers for:• What were the key decisions?• What were the key uncertainties?• What was the timing of decisions?• What was the timing of the resolution of uncertainty?• What data would he need in order to make an intelligent, defensible decision?I. ISACA Definition and Function Treadstone Company has an internal audit department consisting of a director and four (4) staff auditors. The director of internal audit, Mark Tan, reports to the corporate controller, who receives copies of all internal audit reports. Also, copies of all internal audit reports are sent to the audit committee of the board of directors and the individual responsible for the area of activity being audited. In the past, the company’s external auditors have relied on the work of the internal audit department to a substantial degree. However, in recent months, Mark has become concerned that some standards in the performance of the internal audit function are being affected by the non-audit work being performed by the department. The possible failure to meet such standards could result in more extensive testing and analysis by the external auditors. The percentage of non-audit work performed by the internal auditors has steadily increased to about…
- Q4. Manufacturing (HW). A manufacturer is currently producing an item which has a variable cost of $0.75 per unit and a selling price of $2.00 per unit. Fixed costs are $20,000. Current volume is 40,000 units. The firm can produce what it believes is a better product by adding a new piece of equipment to the process line. This equipment represents an increase of $5,000 in fixed cost. The variable cost increase would be $0.50 per unit. Volume for the new and improved product should rise to 50,000 units. (a) What is total profit now? (b) What will be the profit with the new machine? (c) Should the company invest in the new equipment?I want it's feasible solution with all stepsphp?attempt=104149&cmid%330865 aline Services v OS Ticket system My Dispense Academic Calendar N My courses 3) v Q b) Calculate the weighted moving average for periods 7 through 10 using weights of 0.6, 0.3, and 0.1. n Lo S : Cha Weighted moving Period Actual average 1 64 2 84 3 91 4 97 115 6. 135 7. 137 8. 144 6. 153 10 171 beriods 7 through 10. Use 5.