chneider Logistics Company has built a new warehouse in Columbus, Ohio, to facilitate the consolidation of freight shipments to customers in the region. George Schneider must determine how many teams of dock workers he should hire to handle the cross-d

chneider Logistics Company has built a new warehouse in Columbus, Ohio, to facilitate the consolidation of freight shipments to customers in the region. George Schneider must determine how many teams of dock workers he should hire to handle the cross-d

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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A toy factory creates miniature steel train engines and box cars. The fabrication department has 5,279 minutes available per week and the assembly and finishing department has 5,999 minutes available per week. Manufacturing one miniature steel train engine requires 12 minutes of fabrication and 10 minutes of assembling and finishing. Manufacturing one miniature steel box car requires 6 minutes of fabrication and 10 minutes of assembling and finishing. The profit on each miniature steel train engine is $9.50 and the profit on each miniature steel box car is $8.25. How many steel train engines and steel box cars should be produced each week to obtain the maximum profit? Find the maximum weekly profit. (Use x for box car and y for train engine.) Maximize P = ≤5, 279 5,999 subject to Enter the solution to the simplex matrix below. If there is no solution enter 'DNE' in the boxes below. If more than one solution exists, enter only one of the multiple solutions below. If needed round toys to…
TopOil, a refiner in Indiana, serves three customers near Nashville, Tennessee and maintains consignment inventory (owned by TopOil) at each location. Currently, TopOil uses TL transportation to deliver separately to each customer. Each truck costs $800 plus $250 per stop. Thus delivering to each customer separately costs $1050 per truck. TopOil is considering aggregating deliveries to Nashville on a single truck. Demand at the large customer is 60 tons per year, demand at the medium customer is 24 tons per year, and demand at the small customer is 8 tons per year. Product cost for TopOil is $10,000 per ton and they are using a holding cost of 25 percent. Truck capacity is 12 tons. What is the optimal order quantity to each customer assuming TopOil ships separately to each customer?
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Henry Lee is the Vice President of Purchasing for the consumer electronics division of the Major Electric Corporation (MEC). The company recently introduced a new type of video camcorder that has taken the market by storm. Although Henry is pleased with the strong demand for this product in the market place, it has been a challenge to keep up with MEC's distributors' orders of this camcorder. His current challenge is how to meet requests from MEC's major distributors in Pittsburgh, Denver, Baltimore, and Houston who have placed orders of 10,000, 20,000, 30,000, and 25,000 units, respectively, for delivery in 2 months (there is a 1-month manufacturing and one-month shipping lead time for this product). MEC has contracts with companies in Hong Kong, Korea, and Singapore who manufacture camcorders for the company under the MEC label. These contracts require MEC to order a specified minimum number of units each month at a guaranteed per unit cost. The contracts also specify the maximum…
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