Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 6.5, Problem 12P

a)

Summary Introduction

Interpretation: convert the given problem into balanced problem by adding an appropriate row and column and find the optimal solution using solver.

Concept Introduction: one of the feasible solution is that the objective function ranges from maximum to minimum value depends upon the profit or loss of the cost problem is called optimal solution.. This kind of solution required by a company to solve the problem or to achieve the goal. This solutions that could maximize or minimize the profit or reduce the costs.

b)

Summary Introduction

Interpretation: Find the optimal solution using solver and inequality constraints.

Concept Introduction: For all kinds of optimization problem, there could be one or more than one optimal solutions and sometimes there is infinite number of optimal solutions are occurred. Optimal solution is the one type of feasible solution, which has the objective function reaches their goal.

c)

Summary Introduction

Interpretation: Compare the solutions in part a and part b and clarify the reason.

Concept Introduction: For all kinds of optimization problem, there could be one or more than one optimal solutions and sometimes there is infinite number of optimal solutions are occurred. Optimal solution is the one type of feasible solution, which has the objective function reaches their goal.

d)

Summary Introduction

Interpretation: Modify the model in Part b also resolve to find the optimal solution and clarify the objective value increased or decreased.

Concept Introduction: For all kinds of optimization problem, there could be one or more than one optimal solutions and sometimes there is infinite number of optimal solutions are occurred. Optimal solution is the one type of feasible solution, which has the objective function reaches their goal.

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