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- Could anybody explain and solve this question?Problems 2 Helen Murvis, hospital administrator for Portland General Hospital, is trying to determine whether to build a large wing onto the existing hospital, a small wing, or no wing at all. If the population of Portland continues to grow, a large wing could return $150,000 to the hospital each year. If the small wing were built, it would return S$60,000 to the hospital each year if the population continues to grow. If the population of Portland remains the same, the hospital would encounter a loss of $85,000 if the large wing were built. Furthermore, a loss of $45,000 would be realized if the small wing were constructed and the population remains the same. Unfortunately, Helen does not have any information about the future population of Portland * Develop a decision table for this problem. * Determine the best decision using the following decision criteria 1. Мaximax 2. Маximin 3. Minimax Regret Hurwicz (use a coefficient of realism of 0.75) 5. Equal likelihood 6. Expected Value 7.…Contact us Search Guides Software Colleges <- This cour 6 Solve the transportation problem usng a) Least cost method (b)Vogel's Approsamation Method and comment o the nature of solutions for Einding the optmum soluticons. () Evaluate the difference between the costs in both methods Distribution Centers Supply D1 D2 D3 S1 60 70 60 120 Plants S2 55 40 82 80 S3 30 90 10 80 30 $4 66 75 84 35 S5 6 68 82 105 90 150
- 1Problem 7-14 (Algo) AudioCables, Inc., is currently manufacturing an adapter that has a variable cost of $0.50 per unit and a selling price of $1.40 per unit. Fixed costs are $14,000. Current sales volume is 30,000 units. The firm can substantially improve the product quality by adding a new piece of equipment at an additional fixed cost of $6,000. Variable costs would increase to $0.60, but sales volume should jump to 50,000 units due to a higher-quality product. a. What is the current profit and proposed profit of the sales of AudioCables? (Negative amounts should be indicated by a minus sign.) Current profit Proposed profit b. Should Audio Cables buy the new equipment? No Yes O There is insufficient information provided to answer this questionProblem 5-1 (Algo) Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes an average of 5 loans per day. The operation has a design capacity of 13 loans per day and an effective capacity of 9 loans per day. (Round your answer to 1 decimal place.) Utilization Efficiency % % b. A furnace repair team that services an average of 4 furnaces a day if the design capacity is 8 furnaces a day and the effective capacity is 7 furnaces a day. (Round your answer to 1 decimal place.) Utilization Efficiency % %
- Statement of the ProblemKuala Lumpur Hospital, as we all know, is one of Malaysia's busiest hospitals. This is due to the fact that it admits a diverse range of patients suffering from a diverse range of disorders. These patients have arrived as a result of the health sector that operates in this facility. In other words, the departments within it are quite diverse. As a result, the hospital must deal with a high volume of both existing and new patients. Employees are required to gather patient personal information such as name, address, and so on for all of these admissions. It intends to capture and save their data for further use. Employee admissions, such as physicians and nurses, should also be recorded by the hospital. Furthermore, the hospital must manually record the many departments, rooms, and physicians in hospitals. It is also required to keep frequent records of patients, patients admitted to the hospital, doctor exams on patients, patients who have had surgery, and…1.if manufacturing capacity can only be utlized in manufacturing the keyboards what should company do, make/buy? if the company could utlize the spare capacity in producing 30,000 modems,with vaiable cost $12 per unit.what should the company do, knowing that it can sell the modems at $22 per unit?3. Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the following table: Years 2000 2001 2002 2003 Occupancy #of Rooms Sold Percent (Occ.%) 26,400 26,000 27,200 26,800 66.00 65.00 68.00 67.00 Average Daily Rate (ADR) ($) 80.00 82.00 90.00 88.00 Room Revenue 2,112,000 2,132,000 2,448,000 2,358,400 Based on the operational data, budget the room revenue for Bolufsen Resort for 2004?
- A manager must decide which type of machine to buy, A, B, or C. Machine costs are as follows: Machine CostA $40,000B $30,000C $80,000Product forecasts and processing times on the machines are as follows: Processing Time per Unit (minutes) Product Annual Demand A B C 1 16000 3 4 2 2 12000 4 4 3 3 6000 5 6 4 4 30000 2 2 1 a.) Assume that machines operate 10 hours a day, 250 days a year. If we only consider purchasing costs, which machine would have the lowest total cost? b.) Assume machines operate 10 hours a day, 250 days a year. If we select machine A, how many machine A do we need? (Use common sense to decide the answer.)A machine was purchased one year ago. Presently, the market value is $16,000 and it declines by $3,000 every year. For the next 3 years, the maintenance costs are as follows: Year Maintenance costs 1 $890 $1,290 $1,690 2 3 What is the marginal cost of extending the service for the 3rd year? A. $2,690 В. $5,490 C. $4,690 D. $5,690Answer question 2