OPERATIONS RESEARCH >INTERNATIONAL EDITI
OPERATIONS RESEARCH >INTERNATIONAL EDITI
4th Edition
ISBN: 9780534423629
Author: WINSTON
Publisher: CENGAGE L
Expert Solution & Answer
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Chapter 3.11, Problem 8P

Explanation of Solution

Linear Programming (LP) to determine the monthly payment:

  • Assume the following,
    • Let “SBm” be the ending month “m” Saks balance.
    • Let “BBm” be the ending month “m” Bloomingdale’s balance.
    • Let “MBm” be the ending month “m” Macy’s balance.
    • Let “SPm” be the month “m” Saks payment.
    • Let “BPm” be the month “m” Bloomingdale’s payment.
    • Let “MPm” be the month “m” Macy’s payment.
  • The LP is formulated to minimize the total of all Madonna’s payments as follows,

Min z= m1m36(SPm+BPm+MPm)

  • The above function subject to the following conditions,
    • BPm+SPm+MPm5000” for “m=1,2,3,....36” and this denotes budget condition that Madonna’s willing to allocate up to $5000 per month to pay off the credit cards.
    • SB0=20000” that demotes the amount at Saks fifth avenue

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Chapter 3 Solutions

OPERATIONS RESEARCH >INTERNATIONAL EDITI

Ch. 3.2 - Prob. 6PCh. 3.3 - Prob. 1PCh. 3.3 - Prob. 2PCh. 3.3 - Prob. 3PCh. 3.3 - Prob. 4PCh. 3.3 - Prob. 5PCh. 3.3 - Prob. 6PCh. 3.3 - Prob. 7PCh. 3.3 - Prob. 8PCh. 3.3 - Prob. 9PCh. 3.3 - Prob. 10PCh. 3.4 - Prob. 1PCh. 3.4 - Prob. 2PCh. 3.4 - Prob. 3PCh. 3.4 - Prob. 4PCh. 3.5 - Prob. 1PCh. 3.5 - Prob. 2PCh. 3.5 - Prob. 3PCh. 3.5 - Prob. 4PCh. 3.5 - Prob. 5PCh. 3.5 - Prob. 6PCh. 3.5 - Prob. 7PCh. 3.6 - Prob. 1PCh. 3.6 - Prob. 2PCh. 3.6 - Prob. 3PCh. 3.6 - Prob. 4PCh. 3.6 - Prob. 5PCh. 3.7 - Prob. 1PCh. 3.8 - Prob. 1PCh. 3.8 - Prob. 2PCh. 3.8 - Prob. 3PCh. 3.8 - Prob. 4PCh. 3.8 - Prob. 5PCh. 3.8 - Prob. 6PCh. 3.8 - Prob. 7PCh. 3.8 - Prob. 8PCh. 3.8 - Prob. 9PCh. 3.8 - Prob. 10PCh. 3.8 - Prob. 11PCh. 3.8 - Prob. 12PCh. 3.8 - Prob. 13PCh. 3.8 - Prob. 14PCh. 3.9 - Prob. 1PCh. 3.9 - Prob. 2PCh. 3.9 - Prob. 3PCh. 3.9 - Prob. 4PCh. 3.9 - Prob. 5PCh. 3.9 - Prob. 6PCh. 3.9 - Prob. 7PCh. 3.9 - Prob. 8PCh. 3.9 - Prob. 9PCh. 3.9 - Prob. 10PCh. 3.9 - Prob. 11PCh. 3.9 - Prob. 12PCh. 3.9 - Prob. 13PCh. 3.9 - Prob. 14PCh. 3.10 - Prob. 1PCh. 3.10 - Prob. 2PCh. 3.10 - Prob. 3PCh. 3.10 - Prob. 4PCh. 3.10 - Prob. 5PCh. 3.10 - Prob. 6PCh. 3.10 - Prob. 7PCh. 3.10 - Prob. 8PCh. 3.10 - Prob. 9PCh. 3.11 - Prob. 1PCh. 3.11 - Show that Finco’s objective function may also be...Ch. 3.11 - Prob. 3PCh. 3.11 - Prob. 4PCh. 3.11 - Prob. 7PCh. 3.11 - Prob. 8PCh. 3.11 - Prob. 9PCh. 3.12 - Prob. 2PCh. 3.12 - Prob. 3PCh. 3.12 - Prob. 4PCh. 3 - Prob. 1RPCh. 3 - Prob. 2RPCh. 3 - Prob. 3RPCh. 3 - Prob. 4RPCh. 3 - Prob. 5RPCh. 3 - Prob. 6RPCh. 3 - Prob. 7RPCh. 3 - Prob. 8RPCh. 3 - Prob. 9RPCh. 3 - Prob. 10RPCh. 3 - Prob. 11RPCh. 3 - Prob. 12RPCh. 3 - Prob. 13RPCh. 3 - Prob. 14RPCh. 3 - Prob. 15RPCh. 3 - Prob. 16RPCh. 3 - Prob. 17RPCh. 3 - Prob. 18RPCh. 3 - Prob. 19RPCh. 3 - Prob. 20RPCh. 3 - Prob. 21RPCh. 3 - Prob. 22RPCh. 3 - Prob. 23RPCh. 3 - Prob. 24RPCh. 3 - Prob. 25RPCh. 3 - Prob. 26RPCh. 3 - Prob. 27RPCh. 3 - Prob. 28RPCh. 3 - Prob. 29RPCh. 3 - Prob. 30RPCh. 3 - Graphically find all solutions to the following...Ch. 3 - Prob. 32RPCh. 3 - Prob. 33RPCh. 3 - Prob. 34RPCh. 3 - Prob. 35RPCh. 3 - Prob. 36RPCh. 3 - Prob. 37RPCh. 3 - Prob. 38RPCh. 3 - Prob. 39RPCh. 3 - Prob. 40RPCh. 3 - Prob. 41RPCh. 3 - Prob. 42RPCh. 3 - Prob. 43RPCh. 3 - Prob. 44RPCh. 3 - Prob. 45RPCh. 3 - Prob. 46RPCh. 3 - Prob. 47RPCh. 3 - Prob. 48RPCh. 3 - Prob. 49RPCh. 3 - Prob. 50RPCh. 3 - Prob. 51RPCh. 3 - Prob. 52RPCh. 3 - Prob. 53RPCh. 3 - Prob. 54RPCh. 3 - Prob. 56RPCh. 3 - Prob. 57RPCh. 3 - Prob. 58RPCh. 3 - Prob. 59RPCh. 3 - Prob. 60RPCh. 3 - Prob. 61RPCh. 3 - Prob. 62RPCh. 3 - Prob. 63RP
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