An energy company owns a power plant that generates electricity using a steam turbine. Coal is used to generate steam due to the presence of rich coal deposits in the campus. As it is known, some environmental standards must be followed regarding the use of coal in energy production. According to these standards; The acceptable amount of sulfur dioxide emitted to the environment is 2000 particles per million, and the amount of smoke is 20 kg per hour. The company uses two different qualities of powder coal, C1 and C2, in its steam facility. These two qualities of powder coal are mixed before use. It is accepted that the environmental pollution caused by sulfur is the weighted average of the amount of each quality coal used in the mixture. The data in the table below is obtained from two different quality coal when 1 ton per hour is used. Establish the linear programming (DP) model that gives the best mixing ratio of the two coals and determine the best solution?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
An energy company owns a power plant that generates electricity using a steam turbine.
Coal is used to generate steam due to the presence of rich coal deposits in the campus. As it is known, some environmental standards must be followed regarding the use of coal in energy production. According to these standards; The acceptable amount of sulfur dioxide emitted to the environment is 2000 particles per million, and the amount of smoke is 20 kg per hour. The company uses two different qualities of powder coal, C1 and C2, in its steam facility. These two qualities of powder coal are mixed before use. It is accepted that the environmental pollution caused by sulfur is the weighted average of the amount of each quality coal used in the mixture. The data in the table below is obtained from two different quality coal when 1 ton per hour is used.
Establish the linear programming (DP) model that gives the best mixing ratio of the two coals and determine the best solution?
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