ParagraphDFSA38600B579400C444700Styles1- Find initial feasible solution by west-corner rule.2- Find initial feasible solution by Vogel's Approximation method.3- Find the minimum transportation cost solution by stepping-stone method.500800400

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Answered: DEF A6300 А 8 600 857 B 9 400 C 4 4 4…

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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Problem: ABC Company is a manufacturer of electronic components. They order resistors from a supplier in bulk at a discounted price per unit. The following table shows the quantity discounts offered by the supplier: Order Quantity (Units) Price per Unit 1-99 $10 100-499 $9.50 500-999 $9.00 1,000+ $8.50 drive_spreadsheetExport to Sheets ABC Company estimates their annual demand for resistors to be 12,000 units. The carrying cost for holding inventory is 20% per year of the unit cost. The ordering cost is $50 per order. Objective: Determine the optimal order quantity that minimizes the total cost of inventory management for ABC Company.
A4
Method of Least Squares, Goodness of Fit Deepa Dalal opened a free-standing radiology clinic. She had anticipated that the costs for the radiological tests would be primarily fixed, but she found that costs increased with the number of tests performed. Costs for this service over the past nine months are as follows: Month Radiology Tests Total Cost January 2,800 $133,500 February 2,600 135,060 March 3,100 175,000 April 3,500 170,600 May 3,400 176,900 June 3,700 186,600 July 3,840 174,450 August 4,100 195,510 September 3,450 185,300 Required: 1. Compute the cost formula for radiology services using the method of least squares. If required, round your answers to two decimal places. Y = + X 2. Using the formula computed in Requirement 1, what is the predicted cost of radiology services for October for 3,500 appointments? (Round the answer to the nearest dollar.)
n1
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The following payment period ratios, averaged, for borrowings were reported for the year 2021 by five competing biotech firms in San Diego: KLM-0.378 NOP = 0.348 QRS 0.421 UTV -0.355 XYZ 0.353 Question: Which of these five blotech firms reported the most efficient ("best") ratio for loan O Blotech firm XYZ O Biotech firm UTV OBotech firm KLM 1O Blotech firim QRS Botech firm NOP
Explain why satisficing exists and why someone would not require an optimal solution.
The following is a breakdown of supplying and installing a piece of equipment to a project owner, atthe time of contract: EGPCost of equipment 250,000Manpower (installation) 50,000Overhead and profits 70,000i – Calculate the price of supplying and installing the equipmentii – If the supply and installing of the equipment was delayed by the project owner, calculate theescalated price of works based on the FIDIC Red Book 1990 formula given:Updated cost of equipment 270,000 EGPBase price index of manpower 123.2Updated price index of manpower 144.9
11. Solve the given question and give the correct answer.
Formulate an LP model for the following problems.1. Bernadette intends to invest up to ₱50,000 in either Best Fund, or a time deposit orboth. The Best Fund pays 8% per year and the time deposit pays 9%. Because theBest Fund is riskier than the time deposit, so she intends to put at most ₱30,000 intothe time deposit and at least ₱10,000 into the Best Fund. How much should she allotto each investment in order to maximize her returns?
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DEF A6300 А 8 600 857 B 9 400 C 4 4 4 700 1- Find initial feasible solution by west-corner rule. 2- Find initial feasible solution by Vogel's Approximation method. 3- Find the minimum transportation cost solution by stepping-stone method. 500 800 400