Exam2_Review_Solution - Exam 2 Review Solution Question 1....

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Exam 2 Review Solution Question 1. Part A. (12 points) Let X ij be the number of returns of type i processed by person j . i = 1 for individual, 2 for business, and 3 for non-profit. j = 1 for Allison and 2 for Bob. Max: Profit = 50x 11 + 50x 12 + 200x 21 + 250x 31 – 20x 12 Subject to: 0.5x 11 + 2x 21 + 3x 31 < 200 Allison’s hours x 12 < 100 Bob’s hours x 11 + x 12 < 200 Individual returns x 21 < 30 Business returns x 31 < 20 Non-profit returns x ij > 0 and integer for all i,j Non-negativity and integer Part B. (8 points) Let X ij be the number of returns of type i processed by person j . i = 1 for individual, 2 for business, and 3 for non-profit. j = 1 for Allison and 2 for Bob. Let T = 1 if Bob is trained for business forms, 0 otherwise. Max: Profit = 50x 11 + 50x 12 + 200x 21 + 250x 31 – 20x 12 + 200x 22 - 60x 22 – 80T Subject to: 0.5x 11 + 2x 21 + 3x 31 + 4T < 200 Allison’s hours x 12 + 3x 22 + 4T < 100 Bob’s hours x 11 + x 12 < 200 Individual returns x 21 + x 22
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This note was uploaded on 04/04/2012 for the course MGMT 306 taught by Professor Staff during the Spring '08 term at Purdue University-West Lafayette.

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Exam2_Review_Solution - Exam 2 Review Solution Question 1....

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