20) The next table shows a cost matrix for an assignment problem. The optimal assignment cost willbeworker 14worker 2631254worker 3worker 413.6job 1job 2job 3job 4e) Z=6f) Z=9g) Z=11h) Z-52.3.2)3.

An assignment problem is a certain case of a transportation problem where the purpose is to assign a…

Answered: 20) The next table shows a cost matrix…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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15. Seher Aydinlatma is manufacturing light bulbs based on three months plan. We have the following demand and total capacity forecasts for the next months. Also we know the unit costs for inventory carrying, subcontracting capacity, regular and overtime working costs. March April May Overtime Beginning inventory Regular time Regular time Subcontract Overtime Subcontract Regular time Overtime Demand Capacity Regular Overtime 600 50 Subcontracting 100 Beginning inventory 50 COSTS 15 45 55 3 Regular time Overtime Subcontract Carrying cost SALES PERIOD March 650 N April 700 700 100 100 May 1000 Unit $/product $/product $/product $/product/month 800 100 100 March April May Total Capacity Available (Supply) 50 600 50 100 700 100 100 800 100 Subcontract DEMAND 650 700 1000 Fill the above table using the optimal (transportation) algorithm to generate the aggregate plan that match supply and demand estimates. 100
The following is a payoff an Electronic Company's Product The State of Nate Decision Alternative 0.69 0.31 S2 D1 14 D2 13 D3 11 The Expected values for the payoff table as follows: E(D1= 5.72 EID2)= 11.45 EID3) 9.14 What should be the payoff value for the D2 under S1 to keep the solution.or Clek Sne and Sub to abeit Cliok Soella e all ao
Deforrest Marine Motors manufactures engines for the speedboat racing circuit. As part of their annual planning cycle, they forecasted demand for the next four quarters. The number of available days of production and the anticipated demand are given below. Employees Production Rate Production Cost Backorder Cost Overtime Cost Overtime Limit Demand Q1 2,400 6,019,000 They also estimated many of the costs required to conduct operations planning. Some of these key figures are listed below. 30 70 units/employee/quarter Q2 2,200 $1,000/unit $200/unit/quarter $1,500/unit <= 25% of Reg. Production Q3 1,700 Q4 1,800 Hire Cost Fire Cost Subcontracting Cost Subcontracting Limit Inventory Cost Initial Inventory $1,200/employee $800/employee $1,800/unit 400 units maximum $100/unit/quarter 280 units Deforrest Marine Motors wishes to maintain the current number of employees for the entire year to follow a level strategy balanced with inventory and backorders as needed. What is the total cost of this…
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The balance in Supplies before adjustment is $1,900. A physical count reveals $300 of supplies on hand on December 31, 2020. Account Names DR CR Blank 1. Fill in the blank, read surrounding text. Blank 2. Fill in the blank, read surrounding text. Blank 3. Fill in the blank, read surrounding text. Blank 4. Fill in the blank, read surrounding text. Blank 5. Fill in the blank, read surrounding text. Blank 6. Fill in the blank, read surrounding text. Blank 7. Fill in the blank, read surrounding text. Blank 8. Fill in the blank, read surrounding text. Blank 9. Fill in the blank, read surrounding text. Blank 10. Fill in the blank, read surrounding text. Blank 11. Fill in the blank, read surrounding text. Blank 12. Fill in the blank, read surrounding text. Show any calculations Blank 13. Fill in the blank, read surrounding text. Mark for Review What's This?
The Donald Fertilizer Company produces industrial chemi-cal fertilizers. The projected manufacturing requirements (inthousands of gallons) for the next four quarters are 90, 60,90, and 140, respectively. A level workforce is desired, relyingonly on anticipation inventory as a supply option. Stock-outs and backorders are to be avoided, as are overtime andundertime.a. Determine the quarterly production rate required to meettotal demand for the year, and minimize the anticipationinventory that would be left over at the end of the year.Beginning inventory is 0.b. Specify the anticipation inventory that will be produced.c. Suppose that the requirements for the next four quartersare revised to 60, 90, 140, and 90, respectively. If total de-mand is the same, what level of production rate is needednow, using the same strategy as part (a)?
2 PAY OFF TABLE 3 4 New Bridge No New 5 Built Bridge 6 7 Alternative Capacity A 8. 14 for New Store 9. B 2 10 10 11 where S=small B= medium, C= large 12 13 1. Assume the payoffs represent peofits. Determine the alternative that would be chosen under each of these decision criteria: 14 15 а. Маximin 16 |b. Маximаx 17 c. Laplace 18 19 2. Using the information in the pay off table, develop a table of regrets, and then 20, Determine the alternative that would be chosen under minimax regret. 21 [b. Determline the expected value of perfect information using the regret table, assuming that the probability of anew bridge being built is .60 22 23 24 25 26 27
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Consider the coordination game shown here. Find all ESS’s.
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problem number 2/a,b,and c No handwritten solution plz

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20) The next table shows a cost matrix for an assignment problem. The optimal assignme be worker 1 3 worker 2 2 6 3 1 3 2 4 worker 3 worker 4 6. job 1 job 2 job 3 job 4 e) Z=6 f) Z=9 g) Z=11 h) Z=5 4) 2) 3.