IE 260 CLASS EXERCISES 8
1) The management of a firm is considering the replacement of existing equipment. The data for the
analysis of the challenger are;

initial investment is $80,000,
there is no annual maintenence cost for the first four years.
but
IE 260 Class Exercises 1
1) The student chapter of the American Society of Industrial Engineers is planning a sixday trip to the
national conference in NY. For transportation, the group will rent a car from either the AVIS or a local
car dealer. AVIS ch
IE 260 CLASS EXERCISES 2
1) Prepare a composite (weighted) index for housing construction costs in 2014, using the following
data:
2) Six years ago, an 80kW diesel electric set cost $ 150,000. The cost index for this class of
equipment five years ago w
IE 260 Class Exercises 6
1) A stem cell research project requires expensive specialized laboratory equipment. For this
purpose,four pieces of equipment and their associated cash flows (listed below) are under
consideration. One piece of equipment must be
IE 260 CLASS EXERCISES 9
1) A steel pedestrian overpass must either be reinforced or replaced. Reinforcement would cost
$22,000 and would make the overpass adequate for an additional 5 years of service. If the overpass
is torn down now, the scrap value o
IE 260 Class Exercises 7
1) Your rich aunt is going to give you an endofyear gift of $1,000 for each of the next 10 years.
a. If general price inflation is expected to average 6% per year during the next 10 years, what is the
equivalent value of these
IE 260 CLASS EXERCISES 5
1) Determine the current amount of money that must be invested at 12% nominal interest,
compounded monthly, to provide an annuity of $10,000 (per year) for 6 years, starting 12 years from
now. The interest rate remains constant o
IE 260 Class Exercises 4
1) $100,000 is withdrawn for 20 years from a local bank. Regular annual payments will be made
beginning from the second year. Moreover, At the end of year 10, there will be a mid payment of
$50,000. Finally, An additional payment
IE 260  Fall 2016
Assignment 3
Due date: 09/12/2016, 17:00
1. A new manufacturing facility will produce two products, each of which requires a drilling
operation during processing. Two alternative types of drilling machines (D1 and D2) are
being consider
IE 260 CLASS EXERCISES 3
1) A savings account is set up so that the simple interest earned on the investment is moved into a
separate account at the end of each year. If an investment of $2,000 accumulates $360 of interest in the
account after 4 years, w
Networks
Any large project will involve the completion of a number of smaller jobs or tasks.
Some of these tasks can be started straight away, some need to await the
completion of other tasks and some tasks can be done in parallel. A network is a
way of i
Chapter 4. Costs and Cost Minimization
Problem Set
1. Suppose the production of airframes is characterized by a CES production
function: Q = (L + K)2. The marginal products for this production function are
MPL = (L + K)L and MPK = (L+ K)K. Suppose that th
Golden Section Logic
f(x1) > f(x2)
d
d
d=R*(xU xL)
f2
xL
f(x2) > f(x1)
R=0.61803398
f1
xU
x2 x1
xL x2
d
x1
f2
f1
xL
xL
xU
x2 x1
x1 xU
x2
d = Rd
d
xU
GoldenSection Search for Maximum f(x)=1+2x3x2
d=R*(xUxL)=1.5*0.61803=0.9271
Initial Values
xL
x2
f(x2)
Vol. 43, No. 3, MayJune 2013, pp. 240255
ISSN 00922102 (print) ISSN 1526551X (online)
http:/dx.doi.org/10.1287/inte.1120.0671
2013 INFORMS
Optimizing Fire Station Locations for the
Istanbul Metropolitan Municipality
Emel Akta
s
Brunel Business School,
Deterministic Dynamic programming
Equipment Replacement
1 An auto repair shop always needs to have an engine analyzer available. A new engine
analyzer costs $1000. The cost Ci of maintaining an engine analyzer during the ith year of
the operation is as f
TaxShieldEducationCentre.
CostAccounting  1
NETWORK ANALYSIS
A project can be defined as a set of activities or jobs that are performed in a certain sequence
determined logically or technologically and it has to be completed within (I) a specified time,
Flow Systems,
Activity Relationships,
Space Requirements
Based on:
Facilities Planning; Tompkins, White, Bozer, Tanchoco; 4th Edition
Chapter 3
Flow Systems
Flow: movement of goods, materials,
energy, information, and/or people.
Introduction
IIKIE
Flow Sy
Tutorial 5 (Sampling distribution)
Standard deviation for is
Standard deviation / standard error for is
1)
At a computer manufacturing company, the actual size of computer chips is normally
distributed with a mean of 1 centimeter and a standard deviation
The this spreadsheet contains VBA for a combined linear congruential random
number generator as described in Chapter 7, and randomvariate generation
algorithms described in Chapter 8, of Banks Carson, Nelson and Nicol, DiscreteEvent
System Simulation, 5
Name,Surname:
ID:
Signature:
19 Novenber 2007
IE 333
Quiz # 2 / Section 1 & 2
1. Horizon Cable is about to expand its cable TV offerings in Smalltown by
adding MTV and other exciting stations. The activities in the table must be
completed before the servi
CHAPTER 8: MANAGING FLOW VARIABILITY: SAFETY
CAPACITY
8.1 Objective
The objective of this chapter is to give students an understanding of how variability in inflows and
processing can lead to long flow times. In chapter 7 we have focused on make to stock
1. The scores on a placement test given to college freshmen for the past five years are approximately
normally distributed with a mean = 74 and a variance = 8. Would you still consider = 8 to be
a valid value of the variance if a random sample of 20 stude
BR MATRSN TERSNN NMERK
YNTEMLERLE BULUNMASI
MATRSN TERSNN BULUNMASI
1)Matrisin Tersinin Bulunabilmesi in Gerekli Bilgiler
Minr :
herhangi bir eleman olsun. Bu elemann minr; elemann bulunduu i.satr ve j.
stun silindiinde geriye kalan matrisin determinantna
MA 20002 ASSIGNMENT NO. 8
1. A certain type of thread is manufactured with a mean tensile strength of 78.3 kg and a
s.d. of 5.6 kg. How is the variance of the sample mean changed when the sample size
is (a) increased from 64 to 196 ? (b) decreased from 78
1. For each of the following layout computer algorithms, identify all the closely
related terminologies by numbers. (20pts)
(a) CRAFT (
)
(b) ALDEP (
)
(c) CORELAP (
)
(1) Construction type
(2) Improvement type
(3) Relationship chart
(4) From To Chart
(5)
Source: Facilities Planning by Tompkins, et. al. 3rd Edition
309
6.4 ALGORITHMIC APPROACHES
The relative placement of departments on the basis of their "closeness ratings" or "material flow intensities" is one that can be
reduced to an algorithmic process