Practical Management Science
6th Edition
ISBN: 9781337671989
Author: WINSTON
Publisher: Cengage
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Chapter 6.5, Problem 29P
Summary Introduction
To modify: The model to minimize the total annual cost.
Introduction: The variation between the present value of the
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A company normally ships to a customer by rail at a cost of $500 per load. The transittime is 14 days. The goods can be shipped by truck for $700 per load and a transit timeof 4 days. If transit inventory cost is $35 per day, what does it cost to ship each way?
BETTER PRODUCTS COMPANY has decided to start manufacturing four new products in three plants that currently have excess production capacity. The products require comparable production effort per unit, so the available production capacity in the plants is measured by the number of units of any product that can be manufactured per day.
a)Formulate this problem as a transportation problem by constructing the appropriate parameter table.
I already have an optimal solution (it's from the book). (I dont understand)-------------------------------------------------------------------------OPTIMAL SOLUTION:It has basic variables (assignments) X₁₂ = 30, X₁₃ = 30, X₁₅ = 15, X₂₄ = 15, X₂₅ = 60, X₃₁ = 20 and X₃₄ = 25, so that:
Plant 1 produces all of products 2 and 3.Plant 2 produces 37.5% of product 4.Plant 3 produces 62.5% of product 4 and all of product 1.
The total cost of Z = $3 260 per day.-------------------------------------------------------------------------Instructions:Please explain this…
BETTER PRODUCTS COMPANY has decided to start manufacturing four new products in three plants that currently have excess production capacity. The products require comparable production effort per unit, so the available production capacity in the plants is measured by the number of units of any product that can be manufactured per day.
a)Formulate this problem as a transportation problem by constructing the appropriate parameter table.
I already have an optimal solution (it's from the book). (I dont understand)-------------------------------------------------------------------------OPTIMAL SOLUTION:It has basic variables (assignments) X₁₂ = 30, X₁₃ = 30, X₁₅ = 15, X₂₄ = 15, X₂₅ = 60, X₃₁ = 20 and X₃₄ = 25, so that:
Plant 1 produces all of products 2 and 3.Plant 2 produces 37.5% of product 4.Plant 3 produces 62.5% of product 4 and all of product 1.
The total cost of Z = $3 260 per day.-------------------------------------------------------------------------Instructions:Please explain this…
Chapter 6 Solutions
Practical Management Science
Ch. 6.3 - Prob. 1PCh. 6.3 - Prob. 2PCh. 6.3 - Solve Problem 1 with the extra assumption that the...Ch. 6.3 - Prob. 4PCh. 6.3 - Prob. 5PCh. 6.3 - Prob. 6PCh. 6.3 - Prob. 7PCh. 6.3 - Prob. 8PCh. 6.3 - Prob. 9PCh. 6.3 - Prob. 10P
Ch. 6.4 - Prob. 11PCh. 6.4 - Prob. 12PCh. 6.4 - Prob. 13PCh. 6.4 - Prob. 14PCh. 6.4 - Prob. 15PCh. 6.4 - Prob. 16PCh. 6.4 - Prob. 17PCh. 6.4 - Prob. 18PCh. 6.4 - Prob. 19PCh. 6.4 - Prob. 20PCh. 6.4 - Prob. 21PCh. 6.4 - Prob. 22PCh. 6.4 - Prob. 23PCh. 6.5 - Prob. 24PCh. 6.5 - Prob. 25PCh. 6.5 - Prob. 26PCh. 6.5 - Prob. 28PCh. 6.5 - Prob. 29PCh. 6.5 - Prob. 30PCh. 6.5 - In the optimal solution to the Green Grass...Ch. 6.5 - Prob. 32PCh. 6.5 - Prob. 33PCh. 6.5 - Prob. 34PCh. 6.5 - Prob. 35PCh. 6.6 - Prob. 36PCh. 6.6 - Prob. 37PCh. 6.6 - Prob. 38PCh. 6 - Prob. 39PCh. 6 - Prob. 40PCh. 6 - Prob. 41PCh. 6 - Prob. 42PCh. 6 - Prob. 43PCh. 6 - Prob. 44PCh. 6 - Prob. 45PCh. 6 - Prob. 46PCh. 6 - Prob. 47PCh. 6 - Prob. 48PCh. 6 - Prob. 49PCh. 6 - Prob. 50PCh. 6 - Prob. 51PCh. 6 - Prob. 52PCh. 6 - Prob. 53PCh. 6 - Prob. 54PCh. 6 - Prob. 55PCh. 6 - Prob. 56PCh. 6 - Prob. 57PCh. 6 - Prob. 58PCh. 6 - Prob. 59PCh. 6 - Prob. 60PCh. 6 - Prob. 61PCh. 6 - Prob. 62PCh. 6 - Prob. 63PCh. 6 - Prob. 64PCh. 6 - Prob. 65PCh. 6 - Prob. 66PCh. 6 - Prob. 67PCh. 6 - Prob. 68PCh. 6 - Prob. 69PCh. 6 - Prob. 70PCh. 6 - Prob. 71PCh. 6 - Prob. 72PCh. 6 - Prob. 73PCh. 6 - Prob. 74PCh. 6 - Prob. 75PCh. 6 - Prob. 76PCh. 6 - Prob. 77PCh. 6 - Prob. 78PCh. 6 - Prob. 79PCh. 6 - Prob. 80PCh. 6 - Prob. 81PCh. 6 - Prob. 82PCh. 6 - Prob. 83PCh. 6 - Prob. 84PCh. 6 - Prob. 85PCh. 6 - Prob. 86PCh. 6 - Prob. 87PCh. 6 - Prob. 88PCh. 6 - Prob. 89PCh. 6 - Prob. 90PCh. 6 - Prob. 91PCh. 6 - Prob. 92PCh. 6 - This problem is based on Motorolas online method...Ch. 6 - Prob. 94PCh. 6 - Prob. 95PCh. 6 - Prob. 96PCh. 6 - Prob. 97PCh. 6 - Prob. 98PCh. 6 - Prob. 99PCh. 6 - Prob. 100PCh. 6 - Prob. 1CCh. 6 - Prob. 2CCh. 6 - Prob. 3.1CCh. 6 - Prob. 3.2CCh. 6 - Prob. 3.3CCh. 6 - Prob. 3.4CCh. 6 - Prob. 3.5CCh. 6 - Prob. 3.6C
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- BETTER PRODUCTS COMPANY has decided to start manufacturing four new products in three plants that currently have excess production capacity. The products require comparable production effort per unit, so the available production capacity in the plants is measured by the number of units of any product that can be manufactured per day. a)Formulate this problem as a transportation problem by constructing the appropriate parameter table. I already have an optimal solution (it's from the book). (I dont understand)-------------------------------------------------------------------------OPTIMAL SOLUTION:It has basic variables (assignments) X₁₂ = 30, X₁₃ = 30, X₁₅ = 15, X₂₄ = 15, X₂₅ = 60, X₃₁ = 20 and X₃₄ = 25, so that: Plant 1 produces all of products 2 and 3.Plant 2 produces 37.5% of product 4.Plant 3 produces 62.5% of product 4 and all of product 1. The total cost of Z = $3 260 per day.-------------------------------------------------------------------------Instructions:Please explain this…arrow_forwardWhat factors determine whether a person chooses car or bus to travel to work? That is an interesting question. Suppose that you analyze this simple transportation problem using the probit model. The variables in the model are defined as follows: autotime commute time via auto, minutes commute time via bus, minutes =(bus time - auto time)/10, 10 minute units = 1 if auto chosen bustime dtime auto The probit model you estimate is P(AUTO = 1) = ¤(ß1 + B2DTIME). The estimates of the parameters are: -0.0788 + 0.400DTIME. The marginal effect of increasing public (bus) transportation time, given that travel via public transportation currently takes 15 minutes longer than auto travel is A) 0.348 B) 0.139 C) 0.307 D) 0.123 E) None of the above (A, B, C, D) is close to be correct.arrow_forwardeBook Problem 10-31 A long-distance telephone company uses a fiber-optic network to transmit phone calls and other information between locations. Calls are carried through cable lines and switching nodes. A portion of the company's transmission network is shown here. The numbers above each arc show the capacity in thousands of messages that can be transmitted over that branch of the network. To keep up with the volume of information transmitted between origin and destination points, use the network to determine the maximum number of messages that may be sent from a city located at node 1 to a oty located at node 7. 3 Maximum number of messages -arrow_forward
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