Introduction to mathematical programming
Introduction to mathematical programming
4th Edition
ISBN: 9780534359645
Author: Jeffrey B. Goldberg
Publisher: Cengage Learning
Expert Solution & Answer
Book Icon
Chapter 4, Problem 26RP

Explanation of Solution

LP formulation:

  • Suppose that,
    • at= Number of robots available during quarter t.
    • bt= Number of robots bought during quarter t.
    • st= Number of robots sold during quarter t.
    • it= Number of cars available during quarter t.
    • ct= Number of cars produced during quarter t.
    • it'= Blockage demand for cars at the end of quarter t.
    • z= Cost of the company.
  • The cost of purchasing a robot is $5,000 and maintenance cost of a robot is $500
  • The selling cost of a robot at the beginning of each quarter is $3,000.
  • Holding cost of a car at the end of each quarter is $200.
  • For the backlog demand, the holding cost of a car at the end of each quarter is $300.
  • Therefore, it is necessary to minimize the cost of company
    • z= 500t=14at+200t=14it+5000t=14bt3000t=14st+300t=14it'
  • The demand to be met for quarter 1 is 600. Therefore,
    • i1=i1'+c1600
  • The demand to be met for quarter 2 is 800. Therefore,
    • i2=i2'+i1i1'+c2800
  • The demand to be met for quarter 3 is 500

Blurred answer
Students have asked these similar questions
Kevin bought a new moulding machine for $3,000. The machine deteriorates with age and requires to trade in for a new one every fifth year of usage. The resale value and the running cost are given in below table. Age of machine (year) 1 3 4 5 Maintenance cost ($) 600 700 800 900 1,000 Resale value ($) 2,000 1,333 1,000 750 500
The Livewright Medical Supplies Company has a total of 12 salespeople it wants to assign to three regions-the South, the East, and the Midwest. A salesperson in the South earns $600 in profit per month for the company, a salesperson in the East earns $540, and a salesperson in the Midwest earns $375. The southern region can have a maximum assignment of five sales- people. The company has a total of $750 per day available for expenses for all 12 salespeople. A salesperson in the South has average expenses of $80 per day, a salesperson in the East has average expenses of $70 per day, and a salesperson in the Midwest has average daily expenses of $50. The company wants to determine the number of salespeople to assign to each region to maximize profit. a. Formulate an integer programming model for this problem. b. Solve this model by using the computer.
Katanga Stars is a team of women who perform cultural dance at various functions across the country. The team has a fixed membership of 9 members. Within these 9 members, there is a management committee of 4 members. For each function where they are hired to perform, the amount collected is different and is distributed as follows;• 50% of the fees goes to the consolidated account where each member owns equal shares.• The remaining 50% is shared among the 9 members such that each of the 4 management committee members gets 6.25% and each of the other members not on management committee gets 5%.For example, suppose Katanga Stars is paid UGX 1,000,000/= for a performance at a certain wedding ceremony, then, UGX 500,000/= goes to the consolidated account. Each management committee member gets UGX 62,5000/= while each of the other members gets UGX 50,000/=By assuming that Katanga Stars performs in exactly 5 places in a year, write a C program that performs the following tasks;• Uses a loop…

Chapter 4 Solutions

Introduction to mathematical programming

Ch. 4.5 - Prob. 1PCh. 4.5 - Prob. 2PCh. 4.5 - Prob. 3PCh. 4.5 - Prob. 4PCh. 4.5 - Prob. 5PCh. 4.5 - Prob. 6PCh. 4.5 - Prob. 7PCh. 4.6 - Prob. 1PCh. 4.6 - Prob. 2PCh. 4.6 - Prob. 3PCh. 4.6 - Prob. 4PCh. 4.7 - Prob. 1PCh. 4.7 - Prob. 2PCh. 4.7 - Prob. 3PCh. 4.7 - Prob. 4PCh. 4.7 - Prob. 5PCh. 4.7 - Prob. 6PCh. 4.7 - Prob. 7PCh. 4.7 - Prob. 8PCh. 4.7 - Prob. 9PCh. 4.8 - Prob. 1PCh. 4.8 - Prob. 2PCh. 4.8 - Prob. 3PCh. 4.8 - Prob. 4PCh. 4.8 - Prob. 5PCh. 4.8 - Prob. 6PCh. 4.10 - Prob. 1PCh. 4.10 - Prob. 2PCh. 4.10 - Prob. 3PCh. 4.10 - Prob. 4PCh. 4.10 - Prob. 5PCh. 4.11 - Prob. 1PCh. 4.11 - Prob. 2PCh. 4.11 - Prob. 3PCh. 4.11 - Prob. 4PCh. 4.11 - Prob. 5PCh. 4.11 - Prob. 6PCh. 4.12 - Prob. 1PCh. 4.12 - Prob. 2PCh. 4.12 - Prob. 3PCh. 4.12 - Prob. 4PCh. 4.12 - Prob. 5PCh. 4.12 - Prob. 6PCh. 4.13 - Prob. 2PCh. 4.14 - Prob. 1PCh. 4.14 - Prob. 2PCh. 4.14 - Prob. 3PCh. 4.14 - Prob. 4PCh. 4.14 - Prob. 5PCh. 4.14 - Prob. 6PCh. 4.14 - Prob. 7PCh. 4.16 - Prob. 1PCh. 4.16 - Prob. 2PCh. 4.16 - Prob. 3PCh. 4.16 - Prob. 5PCh. 4.16 - Prob. 7PCh. 4.16 - Prob. 8PCh. 4.16 - Prob. 9PCh. 4.16 - Prob. 10PCh. 4.16 - Prob. 11PCh. 4.16 - Prob. 12PCh. 4.16 - Prob. 13PCh. 4.16 - Prob. 14PCh. 4.17 - Prob. 1PCh. 4.17 - Prob. 2PCh. 4.17 - Prob. 3PCh. 4.17 - Prob. 4PCh. 4.17 - Prob. 5PCh. 4.17 - Prob. 7PCh. 4.17 - Prob. 8PCh. 4 - Prob. 1RPCh. 4 - Prob. 2RPCh. 4 - Prob. 3RPCh. 4 - Prob. 4RPCh. 4 - Prob. 5RPCh. 4 - Prob. 6RPCh. 4 - Prob. 7RPCh. 4 - Prob. 8RPCh. 4 - Prob. 9RPCh. 4 - Prob. 10RPCh. 4 - Prob. 12RPCh. 4 - Prob. 13RPCh. 4 - Prob. 14RPCh. 4 - Prob. 16RPCh. 4 - Prob. 17RPCh. 4 - Prob. 18RPCh. 4 - Prob. 19RPCh. 4 - Prob. 20RPCh. 4 - Prob. 21RPCh. 4 - Prob. 22RPCh. 4 - Prob. 23RPCh. 4 - Prob. 24RPCh. 4 - Prob. 26RPCh. 4 - Prob. 27RPCh. 4 - Prob. 28RP
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole