1 8.1-2.* Use the dual simplex method manually to solve the following problem.Minimize Z= 5 x1 + 2x2 + 4 x3,subject to3x1 + x2 + 2x3 2 46x, + 3x, + 5x3 2 10andx 2 0,x 2 0,Xz 2 0.

Given LP: Minimize Z =5x1+2x2+4x3Subject to constraints-3x1+ x2+ 2x3≥46x1+3x2+5x3≥10x1≥0, x2≥0, x3≥0

Answered: 8.1-2.* Use the dual simplex method…

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...

See similar textbooks

Similar questions

Ch. 19 Q9
Q1. As a result of Covid 19, your management has decided that some key yield management analytics be manipulated in order to ensure cashflow for the hotel to survival the turbulence. As a result, you have been asked by management to look into how you can manage at least 50% occupancy for the first quarter, then an increment of 20% on the second quarter, 30% and 40% on the third and fourth quarters respectively. The total rooms available in your hotel is 920, and management expect a base revenue of GHS85,000.00. The base revenue of GHS85,000.00 is expected to increase by 20% on the second quarter, 30% and 40% on the third and fourth quarters respectively. 1. Identify the two most important yield management analytics (measures) that must be considered, offering explanations to what they are in hotel management. 2. Apply the formulas of these two measures to provide the actual figures that you expect to operate with, indicating the step-by-step stages of your calculations for clarity to…
Q-1)A glass melting furnaces feed auto plumping machines for producing the electric lamp casing (balloon),there are two main kinds can be produced, the original and the big one, they must produce at least 25 million of the original but not accede over 35 million ,and they must produce 3 million of the big one, however the ratio of the original must be at least 5 times to the big one which make a profit double the original, producing million of the big one utilize 5% Of the available materials but the original utilize 2.5% of the available materials ,For this problem ,the objective function is: Max Z =0.5X1+2X2 O MIN Z =2X1+X2 O Max Z =2X1+2X2 O Max Z =2X1+X2
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Q.5. Organizations Discuss. are faced with multiple challenges due to the advent of new technologies.
Q.1.1 Describe how the concept of risk is important during the business management planning process. (3) Q.1.2 Distinguish between a peril and a hazard. (Hint: Use examples where applicable) (3) Q.1.3 Differentiate between priori probabilities and subjective probabilities in risk management. (3) Q.1.4 Principle two of King I report states that the board of directors and managersshould ensure that through a managed and effective process, board appointmentsare made that provide a mix of proficient directors, each of whom is able to addvalue and to bring independent judgement to bear on the decision-makingprocess. Describe how this principle is important in risk management. (3) Q.1.5 Differentiate between micro and macro risk. (3)Question 2 (Marks: 25) Q.2.1 Outline the measures used to describe possible loss accurately? (5) Q.2.2 Effective risk management does not function in a vacuum and rarely survives aleadership failure. The risk management function can review, inform,…
5 Joe's Supermarket is an international market that features food items from around the world. How would Joe leverage physical evidence and partnerships to increase customer loyalty? Joe could offer an overall clean environment with branded displays of the least-purchased products in the store. Joe could focus exclusively on creating an attractive, stimulated environment in his store. Joe could offer a highly stimulated environment with branded displays of the products on the highest discount in the store. Joe could offer an overall clean environment with branded displays of the most-purchased products in the store.
q. 15 Calculate the accuracy of your MA forecasts using MAD. What does the result tell you? Group of answer choices a. There is a bias towards over forecasting b. There is a bias towards under forecasting c. On average forecasts miss by 15% d. On average forecasts miss by 2 e. MAD does not provide any useful information without a CFE calculation to compare with
Q4. Under what circumstances are pay differentials justified?
Q.9.. Compute the missing term. Dollar Markup Cost $427.38 Selling Price $688.79

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

8.1-2.* Use the dual simplex method manually to solve the following problem. Minimize Z= 5 x1 + 2x2 + 4 x3, subject to 3x1 + x2 + 2x3 2 4 бх, + 3х, + 5х, 2 10 and X 2 0, x2 2 0, Xz 2 0.