Question 1, Problem 13.13Ram Roy's firm has developed the following supply, demand, cost, and inventory data.Supply AvailableRegularTime40Overtime Subcontract151030151040151020 units$100Initial inventoryRegular-time cost per unitOvertime cost per unitSubcontract cost per unitCarrying cost per unit per month$160$200$4Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.Allocating production capacity to meet demand at a minimum cost using the transportation method, the total cost is $ (enter your response as a whole number).Period12@ N3DemandForecast405555

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Answered: eloped the following supply, demand,…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Disposable income is the amount left after taxes have been paid and is one measure of health of the economy. The table gives the total disposable income for a country, in billions of dollars, for selected years from 2010 and projected to 2040. Year Income2010 10.5582015 11.5722020 12.3532025 14.7642030 15.3882035 17.8182040 19.183 b. Find a linear model that models the data, where x is the number of years after 2000 and y is the total disposable income in billions of dollars.
The supply and demand curves for a product are given in the figure below. p($/unit) Supply 20 16 12 8 4. Demand q (quantity) 160 320 480 640 800 Estimate the equilibrium price and quantity and the consumer and producer surplus. Equilibrium price = units Equilibrium quantity = $ i at equilibrium. Consumer surplus = $ i at equilibrium. Producer surplus = %24
An environmental engineer wants to evaluate three different methods for disposing of nonhazardous chemical waste: land application, fluidized-bed incineration, and private disposal contract. Use the estimates below to help her determine which has the least cost at /= 15.00% per year on the basis of an annual worth evaluation. First Cost AOC per Year Salvage Value Life Land $-145000 $-86000 $23000 4 years Incineration $-760000 $-70000 $260000 6 years Contract O $-132000 O 2 years
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The company has data on demand and factory capacity for the next 4 months as in the table. Unit cost with regular time $ 24, overtime cost $ 28, on subcontract $ 34. Storage costs $ 2 per unit per month; backorders cost $ 5 per unit per month. Initial inventory is as many as 120 units, and it is expected that by the end of July there will be an inventory of 100 units. April May June July Demand 460 450 480 480 Regular Capacity 370 370 380 380 Overtime Capacity 60 60 60 60 Subcontract Capacity 30 30 30 30 Use the transportation method to optimize the aggregate plan. Determine the production cost each month and the total cost for 4 months
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