Basic transportation problem was stated by
F.L. Hitchcock in 1941, and later expanded by
T.C. Koopmans and W.W. Cooper.
The transportation problem is a particular
One important application of linear programming has been in the area of the
physical distribution (transportation) of resources, from one place to another,
to meet a specific set of requirement.
This chapter describes two spe
INTRODUCTION to OPERATIONS RESEARCH
The difficulty in life is the choice.
Good decision-making brings about a better life. A bad
decision may force you to make another one.
[OPERATIONS RESEARCH ASSIGNMENT ONE
Addis Ababa University
College of Business and Economics
Department of Management
Solve the following problems by showing all the necessary steps!
Due date December 19, 2014
1. A local travel agent is planning a
Network diagram is a practical representation of the various events and
Network modeling: Techniques that enable complex projects to be
scheduled, taking into account the precedence of each activity.
X1 = the amount (birr) invested in national certificates
X2 = the amount (birr) invested in Defense Savings Cert.
X3 = the amount (birr) invested in NIT.
X4 = the amount (birr) invested in non government security
Maximize Z = birr 0.085 X1 + .100 X2 +
FINANCIAL STATEMENTS ANALYSIS
Financial statements are the official documents of a firm, which explores the entire financial
information of the firm. The main aim of the financial statements is to provide information and