3. Consider the balanced transportation tableau Destinations 1 3 4 Si 2 3 6. 12 5 4 8 10 9. Basic Cell Sources 9. 3. 11 15 7 4. 4 6. 8 3 4 6. d; 6. 3 8 (a) Find the solution corresponding to the indicated basic cells. (b) Is the solution found in part (a) optimal? If not, find the optimal solution. mablom i:. ...L: in 1.
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- Judd 57 Joel Gus Tim $3 2. 1 $5 $2 First film Second film Third film Fourth film Fifth film 1. 0. 0. 5. 2. 1 a. Within the dorm room, is Ux showing of a movie a public good? Why or why not? b. W itcosts S5 to rent a movic how many movies should the mommates rent to maximize tothl surplus? c. li they choose the optimal number from part (b)and then split the cost of renting the movies equally, how much surplus does.cach person obtain from wakhing the me d. s there any way tospl ost.tormsre that everyone benefits? What practical problems does this solution reise? Suppose they agmeinarancetochoxxe the efficient number and to split the cosr of the movies equally. When fudd is asked his wiling ness to pay, will he have an incentive to toll the Iruth? If so, why? f not. what will he he tempted (1అ) బ* E What does this example teach you abou the optimal provision of public goods? yol public gods?1. XYZ Company is considering making a new product which requires several types of raw material: In Stock Required Raw Material Description Ayay Nil 100 Replacement Cost is $5 per unit. This material has limited supply. This material is also used to produce another product which has a contribution margin of $3.5 per unit of material Ayay. All available supply of material Ayay are needed to produce this another product. Benzam Nil 40 Current purchase price is $7/unit. Chizzum 100 150 purchased for $10/unit Current purchase price is $14/unit. The material has no use in the company other than for the project under consideration. Units in inventory can be sold for $12/unit. Dedee 120 50 purchased for $20/unit Current purchase price is $22/unit. The material is regularly used in current manufacturing operations. Required: Compute the relevant cost of each material.1. What is problem factoring.
- Q1) A retail. Store stocks two types of shirts A and B. These are packed in attractive cardboard boxes. During a week the store can sell a maximum of 400 shirts of type A and a maximum of 300 shirts of type B. The storage capacity, however, is limited to a maximum of 600 of both types combined. Type A shirt fetches a profit of SR 2/- per unit and type B a profit of SR. 5/- per unit. (b) Find the optimal solution (How many of each type) that store should stock per week to maximize the total profit. Use Graphical Method.Ultimately, _________ was replaced by the _________ on January 1st 1995. Question 2Answer a. GATS, WTO b. WTO, GATT c. IMF, GATT d. GATT, WTOVariable cells Cell $B$6 $C$6 $D$6 Cell $E$2 $E$3 Name Constraints- $E$4 Variable 1 Variable 2 Variable 3 Name Resource A Resource B Resource C Final Value Cost 3 10 20 Reduced 30 18 0 -7 Final Value Shadow Price Constraint R.H. Side 7.78 6 Objective Coefficient 10 30 40 20 20 30 40 What is the range of optimality for the objective coefficient for Variable 2? Allowable Increase 23 50 Allowable Increase 10 50 1E+30 Allowable Decrease 17 10 1E+30 Allowable Decrease 12.5 10 22
- Q5) Consider the data below. Dest. 1 Dest. 2 Dest. 3 Dest. 4 SUPPLY Origin 1 12 18 9 11 100 Origin 2 19 7 30 15 50+13 Origin 3 8 10 14 16 150 DEMAND 60 100 80+13 60 Populate the relevant data using your group number below Calculate a solution using the northwest-corner rule. Calculate the cost of this solution. Calculate the solution using intuitive lowest cost method. Calculate the cost of this solution. Using the solution in (c), calculate improvement indices, iterate once. Can you achieve a better solution?Faculty of Business and Management BBA-DBA 122 Quantitative Methods For Business Qn.1: Three suppliers A, B and C, each produce road grit which has to be delivered to council depots W, X, Y and Z. The stock held at each supplier and the demand from each depot is known. The cost, in pounds, of transporting one lorry load of grit from each supplier to each depot is also known. This information is given in the table. Suppliers Depot W Depot X Depot Y Depot Z Stock (Lorry Loads) Supplier A 180 110 130 290 14 Supplier B 190 250 150 280 16 Supplier C 240 270 190 120 20 Demand (Lorry Loads) 11 15 14 10 50 Use the north-west corner method to supply out all the stocks and VAT method to supply out all the stocks Compute their total costs incurred As an expert advice management accordingly ?If there is 5 manufacturers and 4 customers. The number of contacts without a distributor distributor and with O a. 4, 4 O b. 5, 5 Oc. 9, 20 O d. 20, 9
- Q1. General Appliance Corp. produces refrigerators at three plants: Marietta, Minneapolis and Phoenix. They ship them to major retail outlets in Chicago, Los Angeles and New York City. The accounting, production and marketing departments have provided the following information in the given tables; Plant capacities over the next planning period, retail outlet demand and unit cost of shipping between any plant and retail outlet. The company would like to minimize the cost of their transportation network by identifying how many units to ship between each plant and retail outlet. 1. Formulate this linear optimization problem by clearly listing the decision variables, objective function and constraints. 2. Create a spreadsheet model for this problem and solve it using Solver. What is the minimum cost? Plant Supply Marietta 1200 Minneapolis 800 Phoenix 1600 Retail Outlet Demand Chicago 650 Los Angeles 1450 New York City 1500…Qn1. Find the optimal solution to the transportation problem using MODI method. Warehouses Supply WI W2 W3 W4 P1 19 30 50 12 Plants 5. 2. P2 70 30 40 60 P3 40 10 60 20 3. 15 Demand 4)1. a. Define following: iv. Cycle Inventory v. Level of Product Availability vi. Reverse Logistics vii. Honey Combing