Table 6 Southwestern University Project
Time Estimates (days)
Activity
Description
Predecessor(s)
Optimistic
Activity
Bonding, insurance, tax structuring

20
B
Foundation, concrete footings for boxes
A
20
C
Upgrading skybox stadium seating
A
50
D
Upgradi
Page 1
1.(TCO 8) What are the three parts of a waitline system? (Points:15)
Service Characteristics  Its characteristics include
its design and the statistical distribution of service
times. Tw o basic properties are impor tant: (1)
design of the servi
(a) Develop a decision table for this decision.
Size
Good Market air MarketPoor Market
F
Small
$50,000
$20,000
($10,000)
DecisionsMedium
$80,000
$30,000
($20,000)
large
$100,000
$30,000
($40,000)
Very large
$300,000
$25,000
($160,000)
(b) What is the maxi
Activity
A
B
C
D
E
F
G
H
I
J
K
L
Preccesso Optimistic (a)
r(s)
20
20
50
30
25
0.1
25
10
20
8
0.1
20
A
A
C
B
E
D, F
G
H
H
J
I, K
Most
Pessimisti Expected
Variance = (bLikely (m)
c (b)
Time =
a)^2/36
(a+4m+b)/6
30
40
30.00
11.11
65
80
60.00
100.00
60
100
65
7.17
1) Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. Two vendors have presented proposals.
The fixed costs for proposal A are $50,000, and for proposal B, $70,000. The variable cost for
1
CONCEPTS OF LINEAR PROGRAMMING
Concepts of Linear Programming
DeVry University Online
BSOP209
Professor Tedeschi
2
CONCEPTS OF LINEAR PROGRAMMING
Abstract
This paper explores the concepts of linear programming (LP). Linear programming is a widely
used
Southwestern University
1. Develop a network drawing for Hill Construction and determine the critical path.
How long is the project expected to take?
Ans:
Activity
A
B
C
D
E
F
G
H
I
J
K
L
Optimistic
(a)
20
20
50
30
25
0.1
25
10
20
8
0.1
20
Most Likely (m)
1. (TCO 14) Briefly discuss the decision methods used when there is complete uncertainty as to
which state in a decision environment may occur. (Points : 10)
When there is complete uncertainty as to which state of nature in a decision environment may
occu
Jonathan Hernandez
32214
Linear Programming Concept paper.
The two types of linear programming Graphical Method and Simplex Method.
Graphical linear programming gives or offers a quick insight into the nature of linear
programming. With this process we
section 4.2
A)
No data appears to have no consistent pattern. (see part d for Graph)
year
1
2
3
4
5
demand
7
9
5
9.0
13.0
B)
3year moving
7.0
7.7
C)
3year weighted
6.4
7.8
6
8.0
9.0
11.0
7
12.0
10.0
9.6
8
13.0
11.0
10.9
9
9.0
11.0
12.2
4.6
Month
January
Page 1
1.(TCO 8) What are the three parts of a waitline system? (Points:15)
Service Characteristics  Its characteristics include
its design and the statistical distribution of service
times. Tw o basic properties are impor tant: (1)
design of the servi
Table 6 Southwestern University Project
Time Estimates (days)
Activity
Activity
B
C
D
E
F
G
H
I
J
K
L
Description
Bonding, insurance, tax structuring
Foundation, concrete footings for boxes
Upgrading skybox stadium seating
Upgrading walkways, stairwells,
Southwestern University
1. Develop a network drawing for Hill Construction and determine the critical path.
How long is the project expected to take?
Ans:
Activity
A
B
C
D
E
F
G
H
I
J
K
L
Optimistic
(a)
20
20
50
30
25
0.1
25
10
20
8
0.1
20
Most Likely (m)
Table 6 Southwestern University Project
Time Estimates (days)
Activity
Activity
B
C
D
E
F
G
H
I
J
K
L
Description
Bonding, insurance, tax structuring
Foundation, concrete footings for boxes
Upgrading skybox stadium seating
Upgrading walkways, stairwells,
Southwestern University
1. Develop a network drawing for Hill Construction and determine the critical path.
How long is the project expected to take?
Ans:
Activity
A
B
C
D
E
F
G
H
I
J
K
L
Optimistic
(a)
20
20
50
30
25
0.1
25
10
20
8
0.1
20
Most Likely (m)
A.2
Even though independent gasoline stations have been having a difficult time, Susan Helms has been
thinking about starting her own independent gasoline station. Susans problem is to decide how large
her station should be. The annual returns will depend
1.
(TCO 6) What is the first step in solving a breakeven analysis using a
graphic approach?
:
Thefirststepinthegraphicapproachtobreakevenanalysisistodefinethose
coststhatarefixedandsumthem.Thefixedcostsaredrawnasahorizontalline
beginningatthatdollaramoun
1. (TCO 14) Briefly discuss the decision methods used when there is complete uncertainty as to
which state in a decision environment may occur. (Points : 10)
When there is complete uncertainty as to which state of nature in a decision environment may
occu
A.2
Even though independent gasoline stations have been having a difficult time, Susan Helms
has been thinking about starting her own independent gasoline station. Susans problem is
to decide how large her station should be. The annual returns will depend
Linear Programming Homework Problem
B.1
Solve the following linear programming problem graphically:
Maximize Profit P = 4 X + 6Y
Subject to:
X + 2Y < = 8
5X + 4Y < = 20
X, Y > = 0
Ans: We draw the constraints as shown below in the graph:
_
The above figur
Discussion Questions
1.
Develop a forecasting model, justifying its selection over other techniques, and project
attendance through 2011.
2.
What revenues are to be expected in 2010 and 2011?
3.
Discuss the schools options.
Ans:
1. The timeseries forecas
Linear Programming Concept paper.
The two types of linear programming discussed.
Graphical linear programming provides a quick insight into the nature of linear programming.
The graphical procedure can be used only when there are two decision variables. W
1.
Question:
(TCO 1) For a moving average forecast to be of any use to us, what
assumption must be true?
:
:
Moving averages are useful if we can assume that market demands will stay fairly
steady over time. Chapter 4 (TimeSeries Forecasting)
2.
Question