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 C, Problem 5P
Summary Introduction
To determine: The total cost of the given transportation problem.
Introduction: The major objective of the transportation problem is to minimize the distributing cost of a product from a source to an origin. Transportation problem is one of the type of linear programming.
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Question 3:
Table 2A
Expected return for asset x (%)
13
Risk free rate (%)
5
Beta of asset X 0.85
Table 2B
Expected
portfolio
return
Portfolio
beta
Proportion of portfolio
in Asset X
0.00
0.25
0.50
0.75
1.00
1.25
There are two portfolio choices.
Portfolio A comprises of stocks from following companies: Clothing
materials, beauty products, footwear and handbags.
Portfolio B consists of stocks from following business: crude oil,
information technology, food products and electircal goods.
From a diversification perspective, which portfolio will be a better
investment? Explain your reasoning in no more than 75 words.
Question 2: Consider the following model:
Minimize Z = 3x, + 2x2,
subject to
2r, + x2 2 10
-3x, + 2x2 s 6
2 6
X1 + X2
and
X, 2 0,
X2 2 0.
Part a) Solve it using graphical technique.
Part b) Write its dual model and explain how we can find dual optimal solutions from primal solutions.
Question 5The management of CDC Construction Pioneers have decided to build 900 new apartments in the Kasoa area due to the influx of immigrant workers into the country. Two Architectural Companies have provided building plans and technical schematics for the project. Management are happy with the proposals of both Standard apartment and Deluxe apartment. After investigating the steps involved in construction, management determined that each apartment complex built will require some resources. Management analysed each of the bids and concluded that if the plans of Standard apartment are built, it requires 0.7 days in foundation works, 0.5 days in the masonry, 1 day in finishing, and 0.1 days in painting works. Deluxe apartment will require 1 day in foundation works, 0.83 days in the masonry, 0.67 days in finishing, and 0.25 days in the painting works. Management estimate that, 630 days for foundation works, 600 days for masonry, 708 days for finishing and 135 days for 11painting works…
Chapter C Solutions
Operations Management: Sustainability and Supply Chain Management (12th Edition)
Ch. C - Question: 1. What are the three information needs...Ch. C - Question: 2. What are the steps in the intuitive...Ch. C - Prob. 3DQCh. C - Prob. 4DQCh. C - Prob. 5DQCh. C - Prob. 6DQCh. C - Prob. 7DQCh. C - Prob. 8DQCh. C - Prob. 9DQCh. C - Prob. 10DQ
Ch. C - Prob. 11DQCh. C - Prob. 12DQCh. C - Prob. 13DQCh. C - Prob. 1PCh. C - Question: C.2 Consider the transportation table...Ch. C - Prob. 3PCh. C - Prob. 4PCh. C - Prob. 5PCh. C - Question: C.7 The three blood banks in Seminole...Ch. C - Question: C.8 In Solved Problem C 1 (page 728),...Ch. C - Prob. 8PCh. C - Prob. 9PCh. C - Prob. 10PCh. C - Question: C.12 Dana Johnson Corp. is considering...Ch. C - Prob. 14PCh. C - Question: C.9 For the following Gregory Bier...Ch. C - Prob. 1CS
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