Operations Management
13th Edition
ISBN: 9781259667473
Author: William J Stevenson
Publisher: McGraw-Hill Education
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Textbook Question
Chapter 19, Problem 3DRQ
Explain the term redundant constraint.
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describe the triple constraint, what are the triple components and what are the relationship between them
A circus is scheduled to appear in a city on a given date. The profits obtained are heavily dependent on
the weather which can be classified as "good" or" bad". The circus owners may choose to setup
operations in a large open field that is centrally located or rent a small building to stage a small version
of the circus. The small building is not expected to be adversely affected by bad weather – thus will not
affect the circus for it is well secure and has covered parking for the guests. The following shows the
profits of the options and states of nature:
States of nature
Decision alternatives
Set up in field
Rent small building
| Probability
Good
Bad
$14,500
$5,000
-$15,000
$4,000
P(G)=0.5
P(B)=0.5
The circus owners may choose to delay the decision until the day before the event is due. At this time
they can obtain the one-day weather report (free) which is usually reliable. This delay will however
increase their set up cost by $1000.00 or if they choose to rent, the rental cost will…
Mark Ewing has decided to enter contract with uber service provider in his area. The driver offers a car variety of mileage or distance to be travelled to him. All contracts were to be signed for three years. The first option has a monthly rent of P3,000, with a total mileage allowance of 36,000 kilometers (an average of 12,000 kilometers per year) and a cost of P35 per kilometer for any kilometers over 36,000. The following table summarizes each of the Uber Service Contract offered to him:
3-Year Contract
Monthly Cost
Mileage Allowance
Cost Per Excess Kilometer
Option A
P3,000
30,000
P 35
Option B
P3,500
45,000
P 25
Option C
P4,000
54,000
P 15
Mark has estimated that, during the 3 years of the agreement, there is a 40% chance he will drive an average of 12,000 kilometers per year, a 30% chance he will drive an average of 15,000 miles per year, and a 30% chance that he will drive 18,000 miles per year. In evaluating the options, Mark would…
Chapter 19 Solutions
Operations Management
Ch. 19 - For which decision environment is linear...Ch. 19 - What is meant by the term feasible solution space?...Ch. 19 - Explain the term redundant constraint.Ch. 19 - Prob. 4DRQCh. 19 - Prob. 5DRQCh. 19 - Prob. 6DRQCh. 19 - Prob. 1PCh. 19 - Prob. 2PCh. 19 - Prob. 3PCh. 19 - A small candy shop is preparing for the holiday...
Ch. 19 - A retired couple supplement their income by making...Ch. 19 - Solve each of these problems by computer and...Ch. 19 - Prob. 7PCh. 19 - For Problem 6b: a. Find the range of feasibility...Ch. 19 - Prob. 9PCh. 19 - Prob. 10PCh. 19 - Prob. 11PCh. 19 - The manager of the deli section of a grocery...Ch. 19 - Prob. 13PCh. 19 - A chocolate maker has contracted to operate a...Ch. 19 - Prob. 15PCh. 19 - Prob. 16PCh. 19 - Prob. 1.1CQCh. 19 - Prob. 1.2CQCh. 19 - Prob. 1.3CQCh. 19 - Prob. 2.1CQCh. 19 - Prob. 2.2CQCh. 19 - Prob. 2.3CQCh. 19 - Prob. 2.4CQ
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