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LPSu03 N. Georgia MGMT 3699
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  • Title: LPSu03
  • Type: Notes
  • School: N. Georgia
  • Course: MGMT 3699
  • Term: Fall

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Formulations LP For each of the following, formulate as a linear programming problem. Be sure to clearly define your variables. Write all constraints so that the variables appear on the left side of the constraint and the righthand side contains no variables. Do not attempt to solve. 1. Captain John s Yachts, Inc., located in Fort Lauderdale, Florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and Captain John s favorite, the luxury yachts. Captain John advertises his boats with his famous you rent we pilot slogan, which means that the company supplies the captain and crew for each rented boat. Each rented boat, of course, has one captain, but the crew sizes (that is, deck hands, galley, and so on) differ. The crew requirements, in addition to a captain, are 1 for sailboats, 2 for cabin cruisers, and 3 for yachts. Ten employees are captains, and an additional 18 employees qualify for the crew positions. Currently Captain John has rental requests for all of his boats: 4 sailboats, 8 cabin cruisers, and 3 luxury yachts. If Captain John s daily profits are $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent? 2. The Two-Rivers Oil Company near Pittsburgh transports gasoline to its distributors by trucks. The company has recently received a contract to begin supplying gasoline distributors in southern Ohio and has $900,000 available to spend on the necessary expansion of its fleet of gasoline tank trucks. Three models of gasoline tank trucks are available: Capacity (gallons) 5000 2500 1000 Purchase Cost $111,000 $72,000 $48,000 Monthly Operating Costs, Including Depreciation $1100 $850 $700 Truck Model Super Tanker Regular Line Econo-Tanker The company estimates that the monthly demand for the region will be a total of 550,000 gallons of gasoline. Due to the size and speed differences of the trucks, the different truck models will vary in terms of the number of deliveries or round trips possible per month. Trip capacities are estimated at 15 per month for the Super Tanker, 20 per month for the Regular Line, and 25 per month for the Economy Tanker. Based on maintenance and driver availability, the firm does not want to add more than 15 new vehicles to its fleet. In addition, the company would like to make sure it purchases at least three of the new Econo-Tankers use to on the short-run low-demand routes. As a final constraint, the company does not want more than half of the new models to be Super Tankers. If the company wishes to satisfy the gasoline demand with a minimum monthly operating expense, how many models of each truck should be purchased? 3. Channel Island Construction Company is developing a tract of new homes called Harbor Shores. Two models will be available: the luxury and the standard. Each luxury home is expected to contribute $5,000 to the company s profits. It will be constructed on a 2/3 acre lot. The standard model will be constructed on a 1/4 acre lot and is expected to contribute $2,000 to the builder s profit. Local ordinances restrict Harbor Shores to a six acre plot. There must also be at least twice as many luxury homes as standard types. Labor contracts require the company to use at least 50 workers on the project. Each worker is expected to be available for 20 days next month. A luxury home requires 200 people-days to complete, while a standard home requires only 100 people-days. How many homes should the company complete in the next month in order to maximize the builder s profit? 4. Doc s Dog Kennel s Inc., provides overnight lodging for a variety of pets. A particular feature at Doc s is the quality of care the pets receive, including excellent food. The kennel s dog food is made by mixing two brand-name dog food products to obtain what Doc s calls the well-balanced dog diet. The data for the two dog foods are below. Dog Food Bark Bits Canine Chow Cost per Ounce $0.03 $0.025 Protein (percent) 30 20 Fat (percent) 10 20 If Doc wants to be sure that his dogs receive at least 5 ounces of protein and 2 ounces of fat per day, what is the minimum cost mix of the two dog food products? 5. A nut packager has on hand 150 pounds of peanuts, 100 pounds of cashews, and 50 pounds of almonds. The packager can sell three kinds of mixtures of these nuts: a cheap mix consisting of 80% peanuts and 20% cashews; a party mix with 50% peanuts, 30% cashews, and 20% almonds; and a deluxe mix with 20% peanuts, 50% cashews, and 30% almonds. If the 12-ounce can of the cheap mix, the party mix, and the deluxe mix provide a profit of $0.90, $1.10, and $1.30 respectively, how many cans of each type should the packager produce in order to maximize his return?

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Path: N. Georgia >> MGMT >> 3699 Fall, 2008

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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Description: Box 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Cap1 1 1 1.01 1 1.01 1 1 1 1.01 1 1.01 1.01 1 1 1 1 1 1.01 1.01 1 1 1.01 1 1.01 1.01 Cap2 1 1 1 1 1 1 1 1.01 1.01 1 1 1 1 1.01 1 1 1 1.01 1 1.01 1 1 1.01 1 1 Cap3 1 1 1 1.01 1 1...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Subgroup 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 X-Bar 0.84 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.84 0.83 0.84 0.83 0.83 0.84 0.83 0.83 0.84 0.84 R 0.01 0.01 0.01 0 0.01 0.01 0.01 0 0 0.01 0.01 0 0.01 0.01 0.01 0.01 0.01 0.01 0 ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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SucOut.xls
Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Y Success 40 73 95 60 81 27 53 66 25 63 70 47 80 51 32 50 52 30 42 SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations X Outside 12 71 70 81 43 50 42 18 35 82 20 81 40 33 45 10 65 20 21 Success vs....
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: BUSA 3110 Fall 2001 Mechanics Problem 3 This assignment is to be completed independently. The assignment is due at the beginning of class on Wednesday, October 24, 2001. Use the following data set: X 27 32 15 68 16 25 48 39 Y 20.3 26.5 12 63 14.5 22....
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Day Available 1 14 2 13 3 7 4 22 5 20 6 22 7 19 8 17 9 11 10 13 11 8 12 12 13 7 14 14 15 10 ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: BUSA 3110 Fall 1999 Mechanics Problem 6 This assignment is to be completed individually. Completed assignments are due at the beginning of class on October 13 (for MW section) and October 14 (for TR sections) Most students take BUSA 3110 before they ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: BUSA 3110 Fall 2008 Statistical for Business (a writing intensive course) - 3 semester hours Dr. Kim Melton Dahlonega: 132 Newton Oakes Center Gainesville: 142 Dunlap/Mathis (Academic I) kmelton@ngcsu.edu (706) 867-2724 (678) 717-3681 Office Hours...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Trial 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Diet % Wt. Change Digestion Eff. Acid-Det Fiber Plants -6 0 28.5 Plants -5 2.5 27.5 Plants -4.5 5 27.5 Plants 0 0 32.5 Plants ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Gas Price 1.58 1.57 1.64 1.66 1.7 1.7 ...
lpform.doc
Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: 1. Captain Johns Yachts, Inc., located in Fort Lauderdale, Florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and Captain Johns favorite, the luxury yachts. Captain John advertises his boats with his famous you rentwe pilot ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Application Problem 4 Summer 2000 This assignment may be completed individually or with a partner. Completed assignments are due at the beginning of class on Tuesday, June 20, 2000. For this assignment you are expected to determine the appropriate ty...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Bottle 1 24.05 24.01 24.03 23.98 23.97 24.02 24.01 24.06 24 24 24.01 24 24.04 24.08 23.99 24 24 24.01 24.03 24.02 Bottle 2 24.01 24.02 23.95 24 23.99 24.05 24 24.03 24.02 24.01 23.99 24.05 24.02 24.01 24.01 24 24.01 24 24.07 24 Bottle 3 24.02 24.07...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Hypothesis Testing Using a p value Approach NOTE: The purpose of this assignment is to understand the concepts of hypothesis testing and to illustrate these concepts with examples from one of the simplest applications (hypothesis testing about the me...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Model statement: y = 0 + 1x + Where: b1 = SS xy SS xx Regression equation: y = b 0 + b1x (With values for b0 and b1 calculated) Class example: x = y = xy = x 2 b 0 = y b1x and = SSxy = xy ( x )( y) n 2 SSxy = SSxx = x 2 ( x) n SS...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Midterm 61.5 63.75 65.83 54.17 100.13 54.67 76 45.83 55.88 88.75 68 50.13 88.88 88.33 95.88 92.17 84 39.67 58 45.38 Final 79.75 62.15 61.95 76.9 97.65 71.85 80.4 73.7 77.6 73.05 75.55 53.45 81.95 93.3 94.2 97.1 91 69.8 64.5 67.15 ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: ...
DataCol.pdf
Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Using Data in Decision MakingWhen Theory Meets Reality Kim I. Melton, Ph.D. Mike Cottrell School of Business North Georgia College & State University Dahlonega, GA 30597 kmelton@ngcsu.edu ABSTRACT There is no such thing as objective data. When peopl...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: Trial 1 2 3 4 5 6 7 8 9 10 Static 27.9 29.1 38 27 30.3 34.5 27.8 29.6 33.1 35.5 Pre-Cal 26 29.9 39.5 25.1 31.6 36.2 25.1 31 35.6 40.2 Post-Cal 27.8 29.1 37.8 27.1 30.6 34.3 26.9 29.6 33 35 ...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: PAID 69785 13885 13954 18430 14230 34310 17020 16920 18045 15884 23580 38985 46875 51625 37855 20970 26110 20505 22805 26925 23145 26195 45706 33505 23275 23285 26375 24095 26690 22370 28990 43400 79475 27950 48350 45290 29635 26365 24950 52430 29585...
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Path: N. Georgia >> MGMT >> 4668 Fall, 2008
Description: BUSA 3110 Fall 1999 Name: Mechanics Assignment 5 This assignment is to be completed independently and submitted at the beginning of class on October 4 (for MW Section) or October 5 (for TR Sections). Be sure to show enough work to indicate how you ...

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