Department of Management, UTSC
MGTC74C Analysis for Decision Making
Assignment #4 Winter 2011
Due on Thursday March 31 in class. Late assignments will not be accepted.
Problem 1
The Lofton Company has developed the following linear programming problem
Max
Department of Management, UTSC
MGTC74C Analysis for Decision Making
Assignment #2 Winter 2011
Due on Thursday March 3 in class. Late assignments will not be accepted.
Problem 1
G and P Manufacturing would like to minimize the labor cost of producing dishw
Chapter 13-Decision Analysis
Chapter 13-Decision Analysis
1. The options from which a decision maker chooses a course of action are
A. called the decision alternatives.
B. under the control of the decision maker.
C. not the same as the states of nature.
D
Department of Management, UTSC
MGTC74 Analysis for Decision Making
Practice Problem Set 1 Fall 2012
Problem 1
Mutual Co is considering investing in four bonds. $1M is available for investment, all of which is to be used. The
expected return, the worst-cas
Chapter 7-Integer Linear Programming
Chapter 7-Integer Linear
Programming
1. Which of the following is the most useful contribution of integer programming?
A. finding whole number solutions where fractional solutions would not be appropriate
B. using 0-1
Department of Management, UTSC
MGTC74 Analysis for Decision Making - Practice Problem Set 1 Fall 2012 - Solution
Problem 1
Let xi = amount invested in bond i (assume entire $1,000,000 invested since all investments are always
profitable)
max z = .13x1 + .
Q1. A company must purchase 1350 bookcases. There are four vendors to choose
from. Vendor 1 charges $500/unit plus a total delivery charge of $3,000. Vendor 2
charges $470/unit plus $9000 delivery and Vendor 4 charges $460/unit and $10000
delivery. Vendor
Q1a. A coffee shop sells regular and Decaf coffee. These coffees are blends of
Brazilian and Colombian beans sells for $.517 and 1 lb of Colombian sell for $.682.
Regular coffee sells for $3.6/lb and DeCaf is $4.4/lb. The store would like to produce
1000
1. ABC company is launching a new luxury car and the marketing department decided to
send personalized invitations to test drive the new car to 2 target groups: (1) current
owners of an ABC car and (2) owners of luxury cars of a ABC competitor. The cost o
x2
Department of Management, UTSC
7 MGTC74C Analysis for Decision Making - Assignment #3 Winter 2011 - Solution
Problem 1
6
5
4
1 x1 3+
x 2 =3
3
2
x
2
1
7
0
(
0
5
,
7
.
)
1
x1
6
0
1
2
3
4
5
The optimal solution to the ILP is given by x1 = 3, x2 = 2, Z = 3
Department of Management, UTSC
MGTC74C Analysis for Decision Making
Assignment #3 Winter 2011 - Revised
Due on Thursday March 24 in class. Late assignments will not be accepted.
Problem 1
Solve the following problem using graphical method shown in class.
Department of Management, UTSC
MGTC74C Analysis for Decision Making
Assignment #1 Winter 2011
Due on Thursday February 10 in class. Late assignments will not be accepted.
Problem 1
As part of a quality improvement initiative, ABC electronics employees com