Q2: A mining company has received a contraet to supply iron ore to three steel industries located in towns W, X, and Y. The amount of iron ore needed are 72, 102 and 41 thousand tons by steel industries W, x, and Y respectively. The mining company has three mines located at cities A, B and C. The amount of iron ore available are 76, 82, and 77 thousand tons at cities A, B and C respectively. The cost of transporting one thousand ton of iron ore from each mine to each steel plant in hundred dollars ($) are given in the following matrix. How much iron ore is to be transported from each mine to each steel industry to minimize the total cost of transportation? Find the initial feasible solution for this problem using Vogel 's method.

Q2: A mining company has received a contraet to supply iron ore to three steel industries located in towns W, X, and Y. The amount of iron ore needed are 72, 102 and 41 thousand tons by steel industries W, x, and Y respectively. The mining company has three mines located at cities A, B and C. The amount of iron ore available are 76, 82, and 77 thousand tons at cities A, B and C respectively. The cost of transporting one thousand ton of iron ore from each mine to each steel plant in hundred dollars ($) are given in the following matrix. How much iron ore is to be transported from each mine to each steel industry to minimize the total cost of transportation? Find the initial feasible solution for this problem using Vogel 's method.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter5: Network Models

Section5.3: Assignment Models

Problem 10P

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Lorraine has received a lump sum of R500 000.00 from her retirement fund. She intends to use these funds to start a student accommodation business. In order to start this business, Lorraine would need approximately R1 million, funds are needed for building the students accommodation apartments and to register with various regulatory bodies. She has to source additional funding in order to realise this dream. In the business plan, Lorraine has outlined the following:• Accommodation will be offered ONLY to students in Cape Town, Johannesburg, Mpumalanga and Polokwane.• ONLY females will be approved to reside in these houses, between the age of 18 - 35.• Marketing of the business will be done on community Radio stations only at the fourmentioned cities.• It is going to be a family business, Friends and relatives are in support of the idea but are not able to support the business financially. Discuss ANY TWO labour legislations that applies to and will impact Lorraine’s business.…
Lorraine has received a lump sum of R500 000.00 from her retirement fund. She intends to use these funds to start a student accommodation business. In order to start this business, Lorraine would need approximately R1 million, funds are needed for building the students accommodation apartments and to register with various regulatory bodies. She has to source additional funding in order to realise this dream. In the business plan, Lorraine has outlined the following:• Accommodation will be offered ONLY to students in Cape Town, Johannesburg, Mpumalanga and Polokwane.• ONLY females will be approved to reside in these houses, between the age of 18 - 35.• Marketing of the business will be done on community Radio stations only at the four mentioned cities.• It is going to be a family business, Friends and relatives are in support of the idea but are not able to support the business financially There are three types of Market coverage. Explain the type of market coverage applicable to…
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