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- <. FROM T. I 13 Paragraph Styles A company produces its automobile model in three plants located in Flint, Michigan; Fresno, California; and Monterrey, Mexico. The cars are distributed to dealers through the regional distribution centers located in Phoenix, Arizona; Davenport, Iowa; and Columbia, South Carolina. Anticipated production at the plants over the next month is 3,300 cars at Flint, 2,600 cars at Fresno, and. 3,100 cars at Monterrey. Based on firm orders and other requests from dealers, the company has decided that it needs to have the following numbers of cars at the regional distribution centers at the end of the month: Phoenix - 2,600 cars; Davenport- 2,800 cars; and Columbia – 3,000 cars. | In order to deal more effectively with unforeseen events (such as the road closing), the company has established two transshipment points between the plants and the regional distribution centers. The two transshipment points are located at Santa Fe, New Mexico, and Jefferson City,…470 q 16 a speculative stock possessees a _________ probability of _________ return and is currently _______- a. high, negative, underpriced b. high, negative, overpriced c. high, positive, overpriced d. low, negative, overpriced e. low, positive, underpricedEx 4.12 Formulate the linear programming model of the following problems. Titan Credit Card Marketing works for HSBC to verify and approve credit card application. TCCM receives P380 for every completed customer application. The company maintained three call agents targeting at P20,000 worth of approvals daily, altogether. In a regular working day, James can process as much as P3000 worth of applications. Mark can process twice as much as Tim. How many credit cards should each call agent process to achieve the target for the day. Formulate the LP model
- Q1. Hotel manager Mr. Smith and his resourceful assistant, John, run a 26-room hotel in a little town. A combination of Mr. Smith's friendly attitude and the absence of a respectable hotel in the nearby vicinity imply that Mr. Smith enjoys sufficient demand at his low fare of $159 per night. John notes that some customers will walk into the hotel requesting a room for that evening and they are willing to pay a high fare of $325 per night. John knows this demand is variable. (In reality, this demand is U(4,9)) He suggests some rooms should be kept unsold to the low-fare customers so that they can serve the high-fare customers. a) To maximize profits with John's plan, what is the booking limit that should be set for low fare customers? b) Mr Smith does not like the idea of John and says “we will sell to everyone who reserves in advance and ignore the walk-in demand." If Mr Smith has his way, what will be the hotel's expected revenue? C) John replies, "If you are going to forgo the…DEFINE Cooper, W. WA.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.
- Q1. General Appliance Corp. produces refrigerators at three plants: Marietta, Minneapolis and Phoenix. They ship them to major retail outlets in Chicago, Los Angeles and New York City. The accounting, production and marketing departments have provided the following information in the given tables; Plant capacities over the next planning period, retail outlet demand and unit cost of shipping between any plant and retail outlet. The company would like to minimize the cost of their transportation network by identifying how many units to ship between each plant and retail outlet. 1. Formulate this linear optimization problem by clearly listing the decision variables, objective function and constraints. 2. Create a spreadsheet model for this problem and solve it using Solver. What is the minimum cost? Plant Supply Marietta 1200 Minneapolis 800 Phoenix 1600 Retail Outlet Demand Chicago 650 Los Angeles 1450 New York City 1500…CustName cAdd dealerName dAddress dID John Doe John Jr. Doe Maggie Smith John Jr. Doe 123 Main Street 123 Main Street 234 Peach Street 123 Main Street Kim Wayne 456 Washington Ave Acme Cars Inc Acme Cars Inc Acme Cars Inc Buy Buy Cars Cars Anon 1000 First Ave 1000 First Ave 1000 First Ave 1 Auto Ave 2000 Last Mile CID C001 D2345 Z001 C016 D2345 Z001 C001 D2345 Z101 C016 D7894 M103 C786 D3713 V128 vinNum make model year trim msrp stockDate sellDate sellPrice Chevrolet Corvette 2020 1LT $59,995 Oct-15-2020 Oct-16-2020 $72,000 Chevrolet Corvette 2020 1LT $59,995 Oct-15-2020 Oct-16-2020 $72,000 Chevrolet Corvette 2020 3LT $71,945 Sept-12-2020 Sept-20-2020 $77,000 Chevrolet Malibu 2019 LS $24,095 May-15-2019 Aug-7-2019 $21,400 Toyota Camry 2019 LS $28,395 Nov-7-2018 Dec-27-2018 $27,545 Column Explanations CustName cAdd Customer's name Address where customer lives dealerName Name of the dealer model Imodel of the vehicle year year of the vehicle trim trim of the vehicle msrp msrp of the…ASSIGNMENT 2D- Minimization of Profit (Graphical Method) An animal food producer mixes two types of animal food: x and y. each unit of x costs P100 and contains 40 grams of fat, 20 grams of protein and 1,600 calories. Each unit of y cost P80 and contains 60 grams of fat, 60 grams of protein and 1,200 calories. Suppose the producer wants each unit of the final product to yield at least 360 grams of fat, at least 240 grams of protein and at least 9,600 calories, how many of each type of grain should the producer use to minimize his cost. What is the cost?
- ● ● In order to drum up business, Ms. Smith purchased seasons tickets for both the Senators and the Redblacks. Should Redblacks tickets be expensed? Yes or No Should Senators tickets be expensed? Yes or No ● The cost for the Senators tickets (2) for $1,500 each. Ms. Smith will take a client to every hockey game; she has not missed a game in over five years. The cost for the Redblacks tickets (4) for $350 each. The same goes for the Redblacks, she hasn't missed a game either and it's a family tradition for her, her spouse and their two nieces to attend the games together. Ms. Smith pays $75 a month for a storage locker that she has had for over 3 years. Everything in the storage locker was bequeathed to her from her great uncle. She has no use for the items, but she can't seem to let them go. Should storgae locker fee be claimed? If yes, how much Ms. Smith has a business bank account and the monthly banking fees associated with this account are $5 a month. ● Should banking fees be…hh.2Louisiana is busy designing new lottery scratch-off games. In the latest game, Bayou Boondoggle, the player is instructed to scratch off one spot: A, B, or C. A can reveal "Loser," "Win $2," or "Win $15." B can reveal "Loser" or "Take a Second Chance." C can reveal "Loser" or "Win $500." On the second chance, the player is instructed to scratch off D or E. D can reveal "Loser" or "Win $2." E can reveal "Loser" or "Win $15." The probabilities at A are 0.70, 0.19, and 0.11. The probabilities at B are 0.75 and 0.25. The probabilities at C are 0.995 and 0.005. The probabilities at D are 0.6 and 0.4. Finally, the probabilities at E are 0.94 and 0.06. Draw the decision tree that represents this scenario. Use proper symbols and label all branches clearly. Calculate the expected value of this game. Choose the correct decision tree below. OA. O C. B Loser (0.995) Win $2 (0.00) Win $500 (0.005) Loser (0.75) 2 Second Chance (0.25) 0 Loser (0.6) 0 Win $2 E Loser (0.70) 0 0.4) 2 Loser (0.94) Win $2…