Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Chapter 8.8, Problem 19P
Summary Introduction

To determine: The optimal assignment of teams to divisions using evolutionary solver.

Introduction: The variation between the present value of the cash outflows and the present value of the cash inflows are known as the Net Present Value (NPV).

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In a metropolitan area, 45,000 people want to travel from the city suburbs to the city center. To do so, they can drive, take a city bus, or use the subway system. Ifx1 number of people drive and x2 number of people take a bus, it will take respectively (0.0006 x1 + 30) and (0.0003 x2 + 40) minutes to make the trip;whereas a subway trip is expected to take 45 minutes. The city bus system can transport a maximum of 20,000 people to the city center, while the subway systemhas a capacity of transporting at most 10,000. Write a programming formulation that minimizes the average travel time for each person.
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Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,