Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Chapter B, Problem 14P
Summary Introduction
To determine: The number of medical and surgical beds that should be added to maximize the revenues.
Introduction:
Linear programming:
It is a linear optimization technique followed to develop the best outcome for the linear programming problem. The outcome might be to maximize profit, minimum cost or to determine the optimal product mix. The outcome will take into consideration the constraints present in achieving the solution.
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Problems 2
Helen Murvis, hospital administrator for Portland General Hospital, is trying to determine whether to
build a large wing onto the existing hospital, a small wing, or no wing at all. If the population of
Portland continues to grow, a large wing could return $150,000 to the hospital each year. If the small
wing were built, it would return S$60,000 to the hospital each year if the population continues to grow. If
the population of Portland remains the same, the hospital would encounter a loss of $85,000 if the large
wing were built. Furthermore, a loss of $45,000 would be realized if the small wing were constructed
and the population remains the same. Unfortunately, Helen does not have any information about the
future population of Portland
* Develop a decision table for this problem.
* Determine the best decision using the following decision criteria
1.
Мaximax
2. Маximin
3. Minimax Regret
Hurwicz (use a coefficient of realism of 0.75)
5. Equal likelihood
6. Expected Value
7.…
Problem 5-1 (Algo)
Determine the utilization and efficiency for each of the following situations. a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 13 loans per day and an effective capacity of 8 loans per day. (Round your answer to 1 decimal place.)
b. A furnace repair team that services an average of 2 furnaces a day if the design capacity is 10 furnaces a day and the effective capacity is 6 furnaces a day. (Round your answer to 1 decimal place.)
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems?
Chapter B Solutions
Operations Management: Sustainability and Supply Chain Management (12th Edition)
Ch. B - Prob. 1DQCh. B - Prob. 2DQCh. B - Prob. 3DQCh. B - Prob. 4DQCh. B - Prob. 5DQCh. B - Prob. 6DQCh. B - Prob. 7DQCh. B - Prob. 8DQCh. B - Prob. 9DQCh. B - Prob. 10DQ
Ch. B - Prob. 11DQCh. B - Where a constraint crosses the vertical or...Ch. B - Prob. 13DQCh. B - The LP relationships that follow were formulated...Ch. B - Prob. 2PCh. B - Prob. 3PCh. B - B.4. Consider the following linear programming...Ch. B - Prob. 5PCh. B - Prob. 6PCh. B - Green Vehicle Inc. manufactures electric cars and...Ch. B - Prob. 8PCh. B - Prob. 9PCh. B - Prob. 10PCh. B - Prob. 11PCh. B - Prob. 12PCh. B - Prob. 13PCh. B - Prob. 14PCh. B - Prob. 22PCh. B - A fertilizer manufacturer has to fulfill supply...Ch. B - Prob. 25PCh. B - Prob. 26PCh. B - Prob. 27PCh. B - Prob. 28PCh. B - Prob. 29PCh. B - Prob. 30PCh. B - How many corner points are there in the feasible...Ch. B - Prob. 34PCh. B - Prob. 35PCh. B - Prob. 36PCh. B - Prob. 37PCh. B - Prob. 38PCh. B - Bowman Builders manufactures steel storage sheds...Ch. B - Prob. 40PCh. B - Prob. 41PCh. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Prob. 1.1VCCh. B - Prob. 1.2VCCh. B - Prob. 1.3VCCh. B - Prob. 1.4VC
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