The values of k and a assuming f ( y ) = k y a as the relationship. Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

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Answer 1

Question

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

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The average completion time (flow time) for the sequence developed using the FCFS rule = 11.75 days (round your response to two decimal places). The percentage utilization for the sequence developed using the FCFS rule = 42.55 % (enter your response as a percentage rounded to two decimal places). b) Using the SPT (shortest processing time) decision rule for sequencing the jobs, the order is (to resolve a tie, use the order in which the jobs were received): An Alabama lumberyard has four jobs on order, as shown in the following table. Today is day 205 on the yard's schedule. In what sequence would the jobs be ranked according to the decision rules on the left: Job Due Date A 212 B 209 C 208 D 210 Duration (days) 6 3 3 8 Sequence 1 Job B 2 3 4 A D The average tardiness (job lateness) for the sequence developed using the SPT rule = 5.00 days (round your response to two decimal places). The average completion time (flow time) for the sequence developed using the SPT rule = 10.25 days…

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Answer 2

Question

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

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Answer 3

Question

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

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Answer 4

Question

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

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Answer 5

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

Answer 6

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

Answer 7

Chapter 1.11, Problem 42P

a.

Summary Introduction

To determine: The values of k and a assuming f(y)=kya as the relationship.

Introduction: From the past experiences, a big oil company can evaluate its present and the future costs. According to its study, each doubling of the size of a refinery at a single location results in the construction coststo about 68%.

Answer 8

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

Answer 9

b.

Summary Introduction

To determine: The best time to make additions in plant and the optimal size of each addition.

Introduction: Based on previous experiences, the oil company can easily predict the vivid picture of its present and future. Likewise, it can determine the optimal timing of plant additions and the optimal size of each addition too.

Answer 10

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

Answer 11

c.

Summary Introduction

To determine: The best timing to make additions in plant and the optimal size of each addition if the largest single refinery can be built with current technology is 15,000 barrels daily.

Introduction: When the major oil company installs the largest single refinery then its optimal size will not necessarily be huge while talking about the annual count. Similarly, the optimal timing of adding the plant will not necessarily be more always.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 1.3 - Prob. 1P Ch. 1.3 - Prob. 2P Ch. 1.3 - Prob. 3P Ch. 1.3 - Prob. 4P Ch. 1.3 - Prob. 5P Ch. 1.3 - Prob. 6P Ch. 1.3 - Prob. 7P Ch. 1.3 - Prob. 8P Ch. 1.3 - Prob. 9P Ch. 1.3 - Prob. 10P

Solution Summary: The author explains how doubling the size of a refinery results in the construction cost of about 68%.

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