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Concept explainers
a)
To determine: The daily production plan which would minimize the cost of meeting the daily demand of the company.
Introduction: In linear programming, the unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints, then it is said to be an unfeasible solution.
a)
![Check Mark](/static/check-mark.png)
Explanation of Solution
Determine the daily production plan which would minimize the cost of meeting the daily demand of the company using solver:
Figure (1)
Formulae to determine the total cost:
Figure (2)
Solver parameters are given as follows:
Figure (3)
b)
To draw: The daily production plan which would minimize the cost of meeting the daily demand of the company graphically.
Introduction: In linear programming, the unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints, then it is said to be an unfeasible solution.
b)
![Check Mark](/static/check-mark.png)
Explanation of Solution
Determine the daily production plan which would minimize the cost of meeting the daily demand of the company:
Figure (1)
Draw the graph:
Figure (4)
c)
To determine: The increase in the total cost before the change in the decision variable.
Introduction: In linear programming, the unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints, then it is said to be an unfeasible solution.
c)
![Check Mark](/static/check-mark.png)
Explanation of Solution
Determine the daily production plan which would minimize the cost of meeting the daily demand of the company:
Figure (1)
Solver table:
Figure (5)
In figure (1), the cost of process 2 should be increased from $100 to $1,000 to determine the total cost shown in above solver table (figure (5)).
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Chapter 3 Solutions
Practical Management Science
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
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