OPERATIONS RESEARCH >INTERNATIONAL EDITI
4th Edition
ISBN: 9780534423629
Author: WINSTON
Publisher: CENGAGE L
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Expert Solution & Answer
Chapter 4, Problem 24RP
Explanation of Solution
- From the information, observe that during the next four quarters, Dorian Auto must meet the demand for cars.
- Consider the following events:
- xt = Number of cars produced at the beginning of each quarter(t=1,2,3,4)
- dt = Demand during each quarter t
- it = Number of cars on hand at end of time t
- Total cost (TC) = {cost of increasing quarterly production capacity+cost of maintaining a car of production capacity+variable cost of producing a car+holding cost}
- Total cost (TC) = 100(xt+1)+50(it+xt-dt)+2000xt+150(it+xt-dt)
- Inventory at end of quarter t={inventory at end of quarter(t-1)+(quartertproduction-demand oftquarter)}
- it = it-1+(xt-dt)
- For 1st quarter,
- i1=300+x1-4000
- For 2nd quarter,
- i2=i1+x2-2000
- xt = Number of cars produced at the beginning of each quarter(t=1,2,3,4)
- dt = Demand during each quarter t
- it = Number of cars on hand at end of time t
- i1=300+x1-4000
- i2=i1+x2-2000
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Chapter 4 Solutions
OPERATIONS RESEARCH >INTERNATIONAL EDITI
Ch. 4.1 - Prob. 1PCh. 4.1 - Prob. 2PCh. 4.1 - Prob. 3PCh. 4.4 - Prob. 1PCh. 4.4 - Prob. 2PCh. 4.4 - Prob. 3PCh. 4.4 - Prob. 4PCh. 4.4 - Prob. 5PCh. 4.4 - Prob. 6PCh. 4.4 - Prob. 7P
Ch. 4.5 - Prob. 1PCh. 4.5 - Prob. 2PCh. 4.5 - Prob. 3PCh. 4.5 - Prob. 4PCh. 4.5 - Prob. 5PCh. 4.5 - Prob. 6PCh. 4.5 - Prob. 7PCh. 4.6 - Prob. 1PCh. 4.6 - Prob. 2PCh. 4.6 - Prob. 3PCh. 4.6 - Prob. 4PCh. 4.7 - Prob. 1PCh. 4.7 - Prob. 2PCh. 4.7 - Prob. 3PCh. 4.7 - Prob. 4PCh. 4.7 - Prob. 5PCh. 4.7 - Prob. 6PCh. 4.7 - Prob. 7PCh. 4.7 - Prob. 8PCh. 4.7 - Prob. 9PCh. 4.8 - Prob. 1PCh. 4.8 - Prob. 2PCh. 4.8 - Prob. 3PCh. 4.8 - Prob. 4PCh. 4.8 - Prob. 5PCh. 4.8 - Prob. 6PCh. 4.10 - Prob. 1PCh. 4.10 - Prob. 2PCh. 4.10 - Prob. 3PCh. 4.10 - Prob. 4PCh. 4.10 - Prob. 5PCh. 4.11 - Prob. 1PCh. 4.11 - Prob. 2PCh. 4.11 - Prob. 3PCh. 4.11 - Prob. 4PCh. 4.11 - Prob. 5PCh. 4.11 - Prob. 6PCh. 4.12 - Prob. 1PCh. 4.12 - Prob. 2PCh. 4.12 - Prob. 3PCh. 4.12 - Prob. 4PCh. 4.12 - Prob. 5PCh. 4.12 - Prob. 6PCh. 4.13 - Prob. 2PCh. 4.14 - Prob. 1PCh. 4.14 - Prob. 2PCh. 4.14 - Prob. 3PCh. 4.14 - Prob. 4PCh. 4.14 - Prob. 5PCh. 4.14 - Prob. 6PCh. 4.14 - Prob. 7PCh. 4.16 - Prob. 1PCh. 4.16 - Prob. 2PCh. 4.16 - Prob. 3PCh. 4.16 - Prob. 5PCh. 4.16 - Prob. 7PCh. 4.16 - Prob. 8PCh. 4.16 - Prob. 9PCh. 4.16 - Prob. 10PCh. 4.16 - Prob. 11PCh. 4.16 - Prob. 12PCh. 4.16 - Prob. 13PCh. 4.16 - Prob. 14PCh. 4.17 - Prob. 1PCh. 4.17 - Prob. 2PCh. 4.17 - Prob. 3PCh. 4.17 - Prob. 4PCh. 4.17 - Prob. 5PCh. 4.17 - Prob. 7PCh. 4.17 - Prob. 8PCh. 4 - Prob. 1RPCh. 4 - Prob. 2RPCh. 4 - Prob. 3RPCh. 4 - Prob. 4RPCh. 4 - Prob. 5RPCh. 4 - Prob. 6RPCh. 4 - Prob. 7RPCh. 4 - Prob. 8RPCh. 4 - Prob. 9RPCh. 4 - Prob. 10RPCh. 4 - Prob. 12RPCh. 4 - Prob. 13RPCh. 4 - Prob. 14RPCh. 4 - Prob. 16RPCh. 4 - Prob. 17RPCh. 4 - Prob. 18RPCh. 4 - Prob. 19RPCh. 4 - Prob. 20RPCh. 4 - Prob. 21RPCh. 4 - Prob. 22RPCh. 4 - Prob. 23RPCh. 4 - Prob. 24RPCh. 4 - Prob. 26RPCh. 4 - Prob. 27RPCh. 4 - Prob. 28RP
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