Problem B Clarita has an online shop where she sells hand-made paintings and cards. She sells the painting for $50 and the card for $20. It takes her 2 hours to complete 1 painting and 45 minutes to make a single card. She also has a day job and makes paintings and cards in her free time. She cannot spend more than 15 hours a week to make paintings and cards. Additionally, she should make not more than 10 paintings and cards per week. She makes a profit of $25 on painting and $15 on each card. How many paintings and cards should she make each week to maximize her profit.
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- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.Om1. Margaret is a shift supervisor for Clear Lake Boats, Inc. She has been with the company since it started manufacturing boats more than ten years ago. Margaret worked on the production line until last year, when she was promoted to supervisor. The company started out small, with only 12 employees and one shift working Monday to Friday from 8:30 a.m. to 5:00 p.m. Clear Lake Boats now has more than three hundred employees and runs three shifts a day. Every employee on each shift gets paid the same except for the supervisors, who are paid two dollars more per hour. The night shift employees get paid a dollar more per hour. There is no performance appraisal system or reward structure. After Margaret was promoted, she asked to take a “Principles of Supervision” class at a local community college to learn proper supervisory skills and coaching techniques. One of the topics discussed in her class was performance appraisals and reward systems. Although the company has grown quickly and has…. A group of students organizes a bake sale in which they sell hundreds of cookies at $1per piece. They set up a table on campus and wait for students to come and purchasetheir cookies. Consider the following variables in this bake sale operation:1. Size of the cookies2. Weather conditions on campus3. Organization of the table4. Number of cookies sold5. Competition from other fund-raisers coinciding on campus6. Amount of advertising and shouting of the students at the bake sale table7. Number of students on campus that dayWhich of these variables is an output variable?a. 3b. 4c. 5d. None of the above
- At a small but growing airport, the local airline company is purchasing a new tractor for a tractor-trailer train to bring luggage to and from the airplanes. A new mechanized luggage system will be installed in 3 years, so the tractor will not be needed after that. However, because it will receive heavy use, so that the running and maintenance costs will increase rapidly as the tractor ages, it may still be more economical to replace the tractor after 1 or 2 years. The following table gives the total net discounted cost associated with purchasing a tractor (purchase price minus trade-in allowance, plus running and maintenance costs) at the end of year i and trading it in at the end of year j (where year O is now). i 012 1 $13,000 j 2 $28,000 $17,000 3 $48,000 $33,000 $20,000 The problem is to determine at what times (if any) the tractor should be replaced to minimize the total cost for the tractors over 3 years. (a) Formulate this problem as a minimum cost flow problem by showing the…At a small but growing airport, the local airline company is purchasing a new tractor for a tractor-trailer train to bring luggage to and from the airplanes. A new mechanized luggage system will be installed in 3 years, so the tractor will not be needed after that. However, because it will receive heavy use, so that the running and maintenance costs will increase rapidly as the tractor ages, it may still be more economical to replace the tractor after 1 or 2 years. The following table gives the total net discounted cost associated with purchasing a tractor (purchase price minus trade-in allowance, plus running and maintenance costs) at the end of year i and trading it in at the end of year j (where year O is now). i B 012 1 $13,000 j 2 $28,000 $17,000 3 $48,000 $33,000 $20,000 The problem is to determine at what times (if any) the tractor should be replaced to minimize the total cost for the tractors over 3 years. (a) Formulate this problem as a shortest-path problem by drawing a…A machine tool company conducts a job-training programme at a ratio of one for everyten trainees. The training programme lasts for one month. From past experience it has been found thatout of 10 trainees hired, only seven complete the programme successfully. (The unsuccessful traineesare released). Trained machinists are also needed for machining. The company's requirement for thenext three months is as follows:January: 100 machinists, February: 150 machinists and March: 200 machinists.In addition, the company requires 250 trained machinists by April. There are 130 trained machinistsavailable at the beginning of the year. Pay roll cost per month is:Each trainee Rs. 400/- per month.Each trained machinist (machining or teaching): Rs. 700/- p.m.Each trained machinist who is idle: Rs.500/- p.m.(Labour union forbids ousting trained machinists). Build a l.p.p. for produce the minimum costhiring and training schedule and meet the company’s requirement.
- 2.28 A foundry produces castings to order. An order for 20 special castings has been re- ceived. Since the casting process is highly variable, not all castings produced are good. The cost of producing each casting is $550; the additional cost of finishing a good casting is $125. If a casting is not good, it is recycled at a value of $75; excess good castings are not finished but are recycled at a value of $75. The customer has agreed to accept 15, 16, 17, 18, 19, or 20 castings at a price of $1250 each. If fewer than 15 good castings are produced, none will be purchased by the customer. Prob- ability distributions for the number of good castings produced in a batch of varying sizes are given below. How many castings should be scheduled in order to maximize expected profit? #Good Castings 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 79 2 PRODUCT, PROCESS, AND SCHEDULE DESIGN Number of Castings Scheduled 15 16 17 0.05 0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.00…Fopic 4- Linear Programming: Appli eBook Problem 9-05 (Algorithmic) Kilgore's Deli is a small delicatessen located near a major university. Kilgore's does a large walk-in carry-out lunch business. The deli offers two luncheon chili specials, Wimpy and Dial 911. At the beginning of the day, Kilgore needs to decide how much of each special to make (he always sells out of whatever he makes). The profit on one serving of Wimpy is $0.46, on one serving of Dial 911, $0.59. Each serving of Wimpy requires 0.26 pound of beef, 0.26 cup of onions, and 6 ounces of Kilgore's special sauce. Each serving of Dial 911 requires 0.26 pound of beef, 0.41 cup of onions, 3 ounces of Kilgore's special sauce, and 6 ounces of hot sauce. Today, Kilgore has 21 pounds of beef, 16 cups of onions, 89 ounces of Kilgore's special sauce, and 61 ounces of hot sauce on hand. a. Develop a linear programming model that will tell Kilgore how many servings of Wimpy and Dial 911 to make in order to maximize his profit today.…1) An operator is used for loading and unloading of parts to automated machines. Loading time is 1 minute; unloading time is 2 minutes, machining time is 30 minutes, Operator travel time between the machines including the inspection time is 4 minutes. Cost of operator is C₁=40 TL/Hour, cost of a machine is C₂-200 TL/Hour. What is the cost per unit of production if optimum number of machines is assigned to the operator? (Note: Times are given in minutes and costs are per hour) a) 231 TL/unit b) 6930 TL/unit c) 115.5 TL/unit d) 240 TL/unit e) 132 TL/unit 2) An operator is used for loading and unloading of parts to automated machines. Loading time is 1 minute; unloading time is 2 minutes, machining time is 30 minutes; Operator travel time between the machines including the inspection time is 4 minutes. Cost of operator is C1=40 TL/Hour; cost of a machine is C₂=200 TL/Hour. How many machines (integer number) should be assigned to the operator so that the total operator and machine costs…
- A company possesses two manufacturing plants, each of which can produce three products, X, Y, and Z, from a common raw material. However, the proportion in which the products are produced differs in each plant, and so are plant's operating costs per hour. Data on production per hour and costs are given below, together with current orders in hand of each product. Products Operating cost per hour Y Plant A 4 9. Plant B 4 2 10 Orders on hand 50 24 60 Formulate the above as a linear programming problem. Find the number of production hours needed to fulfill the orders on hand at minimum cost using the using Big M method.Solve the question below using the attached excel templates with formulas for renting both slow and fast copies (labeled in the excel tabs). Question: The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee’s time is worth $15 per hour. The slow copier rents for $4 per hour, and it takes an employee an average of 10 minutes to complete copying. The fast copier rents for $15 per hour, and it takes an employee an average of six minutes to complete copying. On average, four employees per hour need to use the copying machine. (Assume the copying times and interarrival times to the copying machine are exponentially distributed.) Which machine should the department rent to minimize expected total cost per hour?Design capacity is the ability of the company to produce the quantity of goods and services within a particular period of time when the company have best condition to produce and when the company have unlimited resources. These resource's includes- Men, Machinery, Material etc. It shows the maximum capacity of the company to produce. Effective capacity refers to the ability of the company to produce maximum quantity within a particular period of time to achieve in current production condition and current resources. It shows the real outcome capacity of the firm when the company produce within their own current condition of their production. Question Why is the capacity design important?