Use the simplex method to maximize the given function. Assume all variables are nonnegative. Maximize f = 20x + 12y + 12z subject to the following. x + z ≤ 45 x + y ≤ 30 y + z ≤ 45 (x,y,z)= f=
Q: Q2: For the information shown in table below, draw the resources allocation diagram depending on (ES...
A: In the question, we have been given the activity table, for each activity, we have predecessor infor...
Q: Bulldogs Inc. expects to use 96,000 litters of paint annually costing P12 per litter. Inventory car...
A: Economic order quantity is the optimal quantity that the businesses purchases to minimize their tota...
Q: Consider the following time series. Quarter Year 1 Year 2 Year 3 70 67 61 48 40 50 3 57 59 52 4 77 8...
A: As requested, I have solved the (b) and (c) part. Kindly refer to Step 2 and 3 for the solution.
Q: B18 SUM(Investments!C113 : C159,WorkingCapital!D81 : D109,Operations!E15 : E89)” is an example which...
A: Excessively complicated models are more likely to include formulas that relate to wrong ranges, simp...
Q: An advertising company offer three types of mediums: television, newspaper and radio . The cost for ...
A: Here given decision variables -T = No. of Television adsN = No. of Newspaper adsR = No. of Radio a...
Q: There are three important factors in managing the material requirements plan. What are they and why ...
A: Material requirement planning is concerned with the planning of material acquisition, inventory cont...
Q: D1 D2 D3 D4 demand 2 2- S00 2// This table is the solution of the problem S1 500 Me XS Find the opti...
A: We have to understand that Stepping Stone Method is used to verify the optimality of such an initial...
Q: D1 D2 D3 D4 demand 2 3. 4. 2- S00 Q.2// This table is the solution of the problem $1 500 Find the op...
A: The North-West Corner Rule is a technique for calculating the first possible solution to a transport...
Q: The carrying cost curve and ordering cost curve of Inc.’s inventory intersect at 3,500 units. What i...
A: Economic order quantity is the optimal order quantity that any company should purchase to reduce the...
Q: Suds and Duds Laundry washed and pressed the following num of dress shirts per week. Week Work Crew ...
A: given,
Q: Forecasting with exponential smoothing has been compared to driving a car while gazing in the rearvi...
A: To be determined: Forecasting with exponential smoothing has been compared to driving a car while ga...
Q: Given the many facets of Human Resources, what do you think is the most difficult aspect to manage a...
A: It's rarely a sluggish day in a typical human resources department. Charged with handling all sorts ...
Q: Why is it so critical to avoid data-entry mistakes on an e-commerce website?
A: Data entry nowadays has become a significant sep in order to streamline databases, however, errors i...
Q: a) Expected value for the Add Assembly Line option = $ (enter your answer as a whole number).
A: Here, I would determine the expected value for the option -add assembly line, there are two options,...
Q: At a hydrocarbon processing factory, process control involves periodic analysis of samples for a cer...
A: Given Sample data-
Q: Various parties occasionally call for import limits or levies on foreign produced items , most notab...
A: Imported goods and services are subject to a tariff, which might be a tax or a duty. Domestic consum...
Q: I need the answer for G,H,I Thank you !
A: From the given data, the LP formulation will be as follows. Objective function: Max Z = 3600F+5400C ...
Q: Inc. expects to use 96,000 litters of paint annually costing P12 per litter. Inventory carrying cos...
A: Carrying cost is the cost incurred during the storage and managing of the inventory stock in the war...
Q: A data entry clerk entered the incorrect part number for a blender. The part number was the part num...
A: A validity check is an interaction of guaranteeing that an idea or development is adequate with rega...
Q: Project scheduling strategies such as the Work Breakdown Structure (WBS), Activity Definition (AD), ...
A: WORK BREAKDOWN STRUCTURE: Work breakdown structure is an organized methodology used to split an over...
Q: Who should be accountable for supplier relationship management? Is it better handled by procurement ...
A: Supplier relationship management - it is the organized approach to assessing vendors that deliver go...
Q: All questions should be answered in the perspective of the vulnerable population!!!! Answers in smal...
A: Value creation happens when a business or association utilizes its work and assets to make something...
Q: Identify the four most typical types of basic data.
A: Data types are significant ideas in statistics, they empower us to apply factual estimations accurat...
Q: r example, if lan constructs a small station and the market is good, he will realize a profit is exe...
A: The Maximax criterion suggests, the decision-maker examine the maximum payoffs of options and choose...
Q: Rock View Restaurant is a new fast-food restaurant chain. The Operations Manager has divided its nor...
A: A network diagram is a graphical representation of a project which helps to identify the activity re...
Q: Solve for the future worth of each of the given series of payments: (a) $12,000 at the end of each s...
A: Future value (FV) is the value of a current resource at a future date in view of an accepted pace of...
Q: What does the following scenario suggest to a company CEO? Sales in units are increasing and average...
A: The correct option is (a) - The current business environment (external environmental factors) is imp...
Q: Determine the board measure (BF) and the cost 2x4 = $1700 MBM MBM or FBM = Thousand Board Measure...
A: The board measures/board foot and the cost are computed as follows:
Q: True/False: Situational leadership only applies to new teams. On no more than 1 page, why/why not?
A: Project management can be stated as the approach of leading the task of a group or team to obtain al...
Q: be used to a potential project involving the creation of new technologies, such as mobile banking?
A: Mobile banking framework.
Q: Given the following information a bout a product atMichael Gibson's firm, what is the appropriate se...
A: Following information is given: Annual demand = 39,000 unitsDaily demand = 150 unitsDaily production...
Q: ous data collection method
A: If you are aware of the benefits and drawbacks of various data gathering techniques, you can make an...
Q: Discount-Mart (see Problem 16.8), as part of its newLean program, has signed a long-term contract wi...
A: Given Details Coming up next are particulars about the organization DM: Yearly interest is 2,000 li...
Q: a bakery uses the eoq model to manage the inventory of flour. the eoq is chosen at 60 lbs. each mont...
A: EOQ is economic order quantity. It is a company's optimal order quantity that calculates the total c...
Q: Why is it important to view a batch-process operation as a network of interconnected queues?
A: Simply put, batch processing is the process of completing a set of tasks all at once. It's considere...
Q: What are major limitations of using the tra nspo rtation method for aggregate planning?
A: Aggregate planning is a production planning method with an aim to minimize the costs of production p...
Q: Imagine that the goal of a project is to detect people at work. The model has been fed to thousands ...
A: We can describe or define prejudice bias as a consequence of cultural influences or preconceptions. ...
Q: QUESTION 3 Remark:You will have 5 questions regarding the same problem but in each question the numb...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: Explain how does market failure cannot deliver theoretical benefits and what are its effects on the ...
A: The law of supply and demand emphasizes the interaction between the buyers and sellers of services, ...
Q: Which of the following is not a threat to the expenditure cycle receiving process? A. Accepting uno...
A: The threats in receiving and storing goods include: - Receiving goods that are not ordered. So one ...
Q: Assuming actual product demand were 1,500; 1540; 1,520; 1,550; and 1,560 for Weeks 1, 2, 3, 4, and 5...
A: Forecasting is the process of estimating the future demand using previous or historic data or inform...
Q: How is a diversification strategy related to the sustainable growth and development of an organizati...
A: Diversification is a growth strategy that entails joining a new market or sector in which your compa...
Q: 1(a). Weekly demand for EPSON printers at a WALMART store is normally distributed with a mean of 28...
A: Given: Average demand = 280Lead time, L=2SD of demand per unit time = 180Order quantity Q=1100Reorde...
Q: Multinational companies increasingly capitalized on their resources and capabilities in enhancing th...
A: The various categories of the capabilities are as under, 1. Strategic : These capabilities would...
Q: What is the main objective of using this technique? What information will be needed in order to use ...
A: The center of gravity technique refers to an approach seeking to compute geographic coordinate for a...
Q: A university has three professors who each teach four courses per year. Each year, four sections of...
A: A Small Introduction about Production Management Production management alludes to the method invo...
Q: The Station estimates demand for the semester will be 620 dozen cinnamon mait ball cookles. Due to t...
A: Break-even is the point in a business where the profits are equal to the costs.
Q: Discuss the three (3) steps of what The Project Scope statement must entail
A: Project scope is the documentation of all the project goals, deliveries, expectations, and other imp...
Q: Decide whether the following topics or research questions is qualitative or quantitative. Explain wh...
A: Culinary Arts Then And Now: Culinary arts are indeed the cuisine arts of preparing meals, dining, an...
Q: (b) Use a - 0.1 to compute the exponential smoothing values for the time series. (Round your answers...
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question s...
Use the simplex method to maximize the given function. Assume all variables are nonnegative.
x | + | z | ≤ | 45 | ||
x | + | y | ≤ | 30 | ||
y | + | z | ≤ | 45 |
(x,y,z)=
f=
Step by step
Solved in 2 steps
- Use the RAND function and the Copy command to generate 100 random numbers. a. What fraction of the random numbers are smaller than 0.5? b. What fraction of the time is a random number less than 0.5 followed by a random number greater than 0.5? c. What fraction of the random numbers are larger than 0.8? d. Freeze these random numbers. However, instead of pasting them over the original random numbers, paste them onto a new range. Then press the F9 recalculate key. The original random numbers should change, but the pasted copy should remain the same.Although the normal distribution is a reasonable input distribution in many situations, it does have two potential drawbacks: (1) it allows negative values, even though they may be extremely improbable, and (2) it is a symmetric distribution. Many situations are modelled better with a distribution that allows only positive values and is skewed to the right. Two of these that have been used in many real applications are the gamma and lognormal distributions. @RISK enables you to generate observations from each of these distributions. The @RISK function for the gamma distribution is RISKGAMMA, and it takes two arguments, as in =RISKGAMMA(3,10). The first argument, which must be positive, determines the shape. The smaller it is, the more skewed the distribution is to the right; the larger it is, the more symmetric the distribution is. The second argument determines the scale, in the sense that the product of it and the first argument equals the mean of the distribution. (The mean in this example is 30.) Also, the product of the second argument and the square root of the first argument is the standard deviation of the distribution. (In this example, it is 3(10=17.32.) The @RISK function for the lognormal distribution is RISKLOGNORM. It has two arguments, as in =RISKLOGNORM(40,10). These arguments are the mean and standard deviation of the distribution. Rework Example 10.2 for the following demand distributions. Do the simulated outputs have any different qualitative properties with these skewed distributions than with the triangular distribution used in the example? a. Gamma distribution with parameters 2 and 85 b. Gamma distribution with parameters 5 and 35 c. Lognormal distribution with mean 170 and standard deviation 60The annual demand for Prizdol, a prescription drug manufactured and marketed by the NuFeel Company, is normally distributed with mean 50,000 and standard deviation 12,000. Assume that demand during each of the next 10 years is an independent random number from this distribution. NuFeel needs to determine how large a Prizdol plant to build to maximize its expected profit over the next 10 years. If the company builds a plant that can produce x units of Prizdol per year, it will cost 16 for each of these x units. NuFeel will produce only the amount demanded each year, and each unit of Prizdol produced will sell for 3.70. Each unit of Prizdol produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. a. Among the capacity levels of 30,000, 35,000, 40,000, 45,000, 50,000, 55,000, and 60,000 units per year, which level maximizes expected profit? Use simulation to answer this question. b. Using the capacity from your answer to part a, NuFeel can be 95% certain that actual profit for the 10-year period will be between what two values?
- Suppose you have invested 25% of your portfolio in four different stocks. The mean and standard deviation of the annual return on each stock are shown in the file P11_46.xlsx. The correlations between the annual returns on the four stocks are also shown in this file. a. What is the probability that your portfolios annual return will exceed 30%? b. What is the probability that your portfolio will lose money during the year?Can the function f (x) = - x2 + 3x +2 be maximized?The members of a private golf club have handicaps that are normally distributedwith mean 15 and standard deviation 3.5. In a particular event, foursomes are chosen by grouping four players chosen at random from the club. The handicap of thefoursome is the arithmetic average of the handicaps of the four players comprisingthe foursome. In what proportion of the foursomes will the handicap of the foursome be less than 10 or more than 20? (Hint: The standard deviation of the average of four independent identically distributed random variables is exactly half thestandard deviation of one of them.)
- Q) The sin() function can be evaluated by the following infinite series: x3 sin x = x - 3! 5! Create an M-file to implement this formula so that it computed and displays the values of sin(x) as each term in the series is added up to fifteenth order. For each step, compute and display the percent relative error as following: true – series approximation %error x 100% trueminimize Z = 5x1 + x2 subject to 3x1 + 4x2 = 24 0 x1 x1 + 3x2Bad simulations Explain why each of the followingsimulations fails to model the real situation properly:a) Use a random integer from 0 through 9 to representthe number of heads when 9 coins are tossed. b) A basketball player takes a foul shot. Look at a ran-dom digit, using an odd digit to represent a good shot and an even digit to represent a miss.c) Use random numbers from 1 through 13 to represent thedenominations of the cards in a five-card poker hand.
- Which of the following is/are linear function(s) of x, y, z? 2x A. y B. TTX + ey = 3z y- 3z C. 3x2 Select one: None A B. A and C All A and B B and Ca. Which of the following best describes the meaning of the equation P(25) = 200? 1. When 200 calculators are sold, the profit is $25. II. When 200 calculators are sold, the profit is increasing at a rate of $25 per additional calculator III. When 25 calculators are sold, the profit is $200. IV. When 25 calculators are sold, the profit is increasing at a rate of $200 per additional calculatoUse the simplex method to maximize the given function. Assume all variables are nonnegative.Maximize f = 7x + 8y subject to x + 2y ≤ 10 x + y ≤ 7 (x,y)= f=