Hoylake Rescue Squad
Probability of Time between calls
P(x)
0.15
0.1
0.2
0.25
0.2
0.1
1
Simulation
Cumulative
(lower
Time between
bound)
calls
0
1
0.15
2
0.25
3
0.45
4
0.7
5
0.9
6
EV =
3.55
Average Time =
3.8
Question B:
The difference is due to the expec
1. transportation problem
From
A
B
C
DV
From
A
B
C
Constraint
Demand
Objective Minimize Cost
1
$6
11
4
To (cost)
2
$5
8
10
3
$5
9
7
1
0.00
0.00
70.00
70.00
=
70
To
2
100.00
0.00
0.00
100.00
=
100
3
50.00
0.00
30.00
80.00
=
80
$1,240.00
Constraint
150
0
10
Cab Company Scheduling
let Di = # of drivers who start their 8 hour shift in period I (I = 1,2,3,4,5,6)
period 1
12:00:00 AM-4:00am
period 4
12 noon - 4:00pm
period 2
4:00am - 8:00am
period 5
4:00pm - 8:00pm
period 3
8:00am - 12 noon
period 6
8:00pm - mid
Week 9 discussion
Discuss characteristics of integer programming problems
Select one (1) of the following topics for your primary discussion posting:
Explain how the applications of Integer programming differ from those of linear
programming. Give specifi
Week 8 Discussion chapter 4
Practice setting up linear programming models for business applications
Select an even-numbered LP problem from the text, excluding 14, 20, 22, 36 (which are part of
your homework assignment). Formulate a linear programming mod
Week 7
Select one (1) of the following topics for your primary discussion posting:
Identify any challenges you have in setting up a linear programming (LP) problem in
Excel, and solving it with Solver. Explain exactly what the challenges are and why they
Week 10
Discussion assignment and transshipment problems
Select one (1) of the following topics for your primary discussion posting:
Explain the assignment model and how it facilitates in solving transportation problems.
Determine the benefits to be gaine
Week 6 Discussion
Select one (1) of the following topics for your primary discussion posting:
The objective function always includes all of the decision variables, but that is not
necessarily true of the constraints. Explain the difference between the obj
Week 3
Discuss Simulation
Select one (1) of the following topics for your primary discussion posting:
Identify the part of setting up a simulation in Excel that you find to be the most
challenging, and explain why. Identify resources that can help you wit
Week 5 Discussion
"Reflection to date" Please respond to the following:
In a paragraph, reflect on what you've learned so far in this course. Identify the most
interesting, unexpected, or useful thing you've learned and explain why
My most interesting les
Week 2
In your own words, explain how to obtain the expected value of perfect information for any
payoff table, which has probabilities associated with each state of nature. Then, provide an
example, drawing from any of the payoff tables in Problems 1-17
Week 4 Dicussion
Discuss Forecasting Methods
Select one (1) of the following topics for your primary discussion posting:
Identify any challenges you have in setting up a time-series analysis in Excel. Explain what
they are and why they are challenging. Id
Sporting Goods
Resource Requirements per Unit
(a)
Product
Basketball
Football
Rubber (lb.)
Leather (f2)
2.8
1.5
3.7
5.2
input Constraints
Total resources available
Profits ($)
600
900
Basketball
11
Football
15
Basketball
Football
Decision variables
Maximi
MAT540 Homework
Week 7
Page 1 of 3
MAT540
Week 7 Homework
Chapter 3
1.
Southern Sporting Good Company makes basketballs and footballs. Each product is produced from
two resources rubber and leather. Each basketball produced results in a profit of $11 and
Week 1 Activity
This activity was a little interesting. I didnt realize how much we use probability in our everyday lives
and profession. Of course I have been in the health field for quite a while and probability is used often. I
found that in 2013 twins
Question 1
month
demand
1
2
3
4
5
6
7
8
Part A
Part B
Part C
forcast
9
8
7
8
10
11
13
12
10.9
11.8
(11+13+12)/3
12
0.5
0.3
0.2
forecast
5
3.3
2.6 months 5-7
10.9
5.5
3.9
2.4 months 6-8
11.8
0.2625
0.025 the second one is a bit more accurate because the nu
Question 1
cf
55000
10000 tires
Part A
breakeven
Part B
Question 2
cf
30000
breakeven
company cost (cv)
company charges
profit (z)
8
21
13
80000
210000 130000
total cost is
total revenue
total profit
135000
210000
75000
v=cf/(p-cv)
4230.7692307692
breakev