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- Lemingtons is trying to determine how many Jean Hudson dresses to order for the spring season. Demand for the dresses is assumed to follow a normal distribution with mean 400 and standard deviation 100. The contract between Jean Hudson and Lemingtons works as follows. At the beginning of the season, Lemingtons reserves x units of capacity. Lemingtons must take delivery for at least 0.8x dresses and can, if desired, take delivery on up to x dresses. Each dress sells for 160 and Hudson charges 50 per dress. If Lemingtons does not take delivery on all x dresses, it owes Hudson a 5 penalty for each unit of reserved capacity that is unused. For example, if Lemingtons orders 450 dresses and demand is for 400 dresses, Lemingtons will receive 400 dresses and owe Jean 400(50) + 50(5). How many units of capacity should Lemingtons reserve to maximize its expected profit?Q1 Find the best solution for the following model using simplex MAX Z = 10X1 + 8X2 SUB TO: 4X1 + 2X2 < 80 X1 + 2X2 < 50 X1 2 0,X2 2 0Find the optimal solution for the following problem. (Round your answers to 3 decimal places.) Minimize C = 13x + 3y + 12z 6x + 14y + 21z 2 66 15x + 20y + 7z 2 132 x 2 0, y ż 0, z ż 0. subject to and a. What is the optimal value of x? b. What is the optimal value of y? c. What is the optimal value of z? d. What is the minimum value of the objective function?
- a-) find the initial solution using the Vogel's Approximation Method (VAM). and Find the optimal solution.Four qualified postgraduate students are to be allocated to four professors. The preference given by student (scale 1-10) is shown as table below. Student A В C D Professor James Jordan Janet 7 8 6. Jessy 5 8. 7 (a) Formulate a linear programming model for the problem. [NOTE: Please use x, where i = 1, 2,...,n -Professor and j=1, 2,...,m -Student to represent your decision variables.] (b) From the output below, what is the optimal allocation plan and what is the total preference scales obtained from the allocation plan? Model Variable Original Value Final Value Value x11 1 1 Value x12 1 Value x13 1 Value x14 Value x21 Value x22 Value x23 1 1 1 1 1 Value x24 1 Value x31 Value x32 Value x33 1 1 1 1 Value x34 1 Value x41 1 Value x42 1 Value x43 1 Value x44 1 1 699 445Next question Use the simplex method to solve the linear programming prob z= 8x1 - 7x2 + 4x3 2x1 Maximize X2 + 8x3 s 40 4x1 - 5x2 + 6x3576 2x1 - 2x2 + 6x3< 32 X120, X2 20, хз 20. subject to Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. A. The maximum is , X2 =, X3 = S2 = and s3 when X1 S1 = B. There is no maximum.
- Using the grid technique to determine the least-cost location (warehouse) for this problem: Tons Rate X - Coordinates Y – Coordinates S1 200 0.5 2 14 S2 300 0.6 6 10 M1 100 1 2 2 M2 100 2 10 14 M3 100 1 14 18 M4 100 2 14 6 The Grid center coordination is ____ and _____ (round the results to 1 decimal place) Group of answer choices (9.9; 7.8) (5.5; 6.9) (8.7; 10.5) (10.5; 6.4) (9.9; 8.9)Graph the following systems of linear Inequalities, shade the solution/feasible region and indicate if solution/feasible region is bounded or unbounded Sy-3x <3 (3y 2 x+3 10 1. 8 2 2. 8 10 -10 -8 -6 -4 -2 -2 46 -4 -6 -8 -103 II | Here are the changes to the original problem and the revised conditions for this decision-making problem: With a favorable market, John Thompson thinks a large facility would result in a net profit of $195,000 to his firm. If the market is unfavorable, the construction of a large facility would result in $185,000 net loss. A small plant would result in a net profit of $110,000 in a favorable market, but a net loss of $25,000 would occur if the market was unfavorable. Doing nothing would result in $0 profit in either market conditions. a) Create a decision table, b) What is your recommendation if you would apply the Maximax criterion (Optimistic)? Follow the guidance from your textbook and create a table. c) What is your recommendation if you would apply the Maximin Criterion (Pessimistic)? Follow the guidance from your textbook and create a table. d) What is your recommendation if you would apply the Criterion of Realism (Hurwicz Criterion) with a coefficient of realism a =…
- Briefly explain these terms:a. Basic variableb. Shadow pricec. Range of feasibilityd. Range of optimalityWhich of the folowing linear programming model has an unbounded feasible region? = 3x + 2y subject to the following : O max z x+ y34 *< 10 – 4y x20 y20 O None of the above O max z = 3x + 2y subject to the following : x+ 2y <4 x- ys1 x20 y20 O max z = 4x +2y subject to the following : x + 2y 24 3x + y27 -x + 2y s7 x20 y20Solve the following problem using Simplex Method and find the P value. Maximize: P = 3x + 4y subject to: x+ y 0