Formulating and Solving Linear
Programs using the Computer
Class 4
September 12, 2013
Thursday
Last Time
Standard Form of a linear program
What equivalence is
Redundant Constraints
Special Cases of Linear Programs
Infeasibility
Unboundedness
Alternativ
The Problem
Corless Chemical Company produces 3 pesticide compounds. They can produce up to 1000
gallons of each pesticide compound per month. They blend these compounds to produce two
commercial chemical products (1) Bug-Off and (2) Weed-Away. Bug-Off se
Homework Set 2
Please complete the following set of questions by Thursday September 26th at the beginning of class.
If you are unable to make it to class, please email me your solutions by 2:00pm on Thursday and make
sure that I respond. Show all your wor
BMGT 332 0201
Homework 1
Due Tuesday 17th
Turn in a physical copy of solutions at the beginning of class.
1. Which of the following are valid constraints for a linear programming model? If a statement is
not a valid constraint explain why.
a. 3A + 4B 20
b
BMGT 495: RESEARCH EXPERIENCE
Fall 2013
In order for you to understand the role of academic research in management, you will have the
opportunity to earn 1 point (1%) of extra credit for participating in one hour of research offered by
the Management and
Determine which processes will be implemented as a:
Computer process
Manual process
Based on response time requirements, establish which
process is a:
Batch process
On-line process
Determine the alternatives for information system
design:
Centralize
Trail Mix Problem
You work for a snack food company that wants to branch out into the Trail Mix industry. After
significant market research, it has been determined that your company will be producing three different
kinds of trail mix targeted at the thre
Microsoft Excel 14.0 Answer Report
Worksheet: [Transport.xlsx]Sheet1
Report Created: 9/24/2013 10:52:03 AM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.063 Seco
Class 15
November 7, 2013
Thursday
Tuesday is the last day to speak with me
about midterm grades
HW 3 is due next Thursday (11/14)
Finished Chapter 9
PERT/CPM with crash costs
Started Chapter 10
EOQ Model
Began Production Lot Model
Quickly review EOQ
F
Class 16
Tuesday
November 12, 2013
I will assign Homework 4 tonight
It will be due a week from Thursday, 11/21
It will cover only Chapter 11
Quiz 3 is a week from Thursday, on Thursday
11/21
It will cover Chapters 9, 10, & 11
Homework 3 is due this Thu
Homework Set 4
Chapter 11 Problem 1
Chapter 11 Problem 7
Chapter 11 Problem 10
*This problem has an answer in the back of the book. So I would like you to assume the following:
Customers arrive at Trosper garage at a rate of 3 customers per hour (not two
Homework 3
This homework is due Thursday 11/14/13. Feel free to consult other students but, your assignment turned in
must be your own work. PLEASE SHOW ALL WORK. I will not give full credit for only an answer. You may use
excel but, I will need to see th
Name:
Section Number/TA:
Lab Homework 3
Use your art skills, draw diagrams and keep your word count under 50 for full credit.
1. In the large open space on this sheet, draw two cells (bacillus or cocci) highlighting the features of the
gram positi
Computational Finance
Monte Carlo Simulation Asian Options
Write a VBA function that is callable from an Excel file. The VBA Function should be
able to calculate the value of an Asian call.
Use the Lognormal model to find asset returns for each period. Fo
Introduction:
This work is intended to solve the case study. The case study is about
Mexicana Wire Works.
Case introduction:
This case is about the incorporation of Mexicana Wire, which is the
manufacturer of wire winding to make the electrical transforme
LASTNAME, NAME
Solution
332-HW-7
1: A new shopping mall is considering setting up an information desk manned by one employee.
Based on information obtained from similar information desks, it is believed that people will
arrive at the desk at the rate of 2
HW-4
Solution
Last Name, Name:
_
Page 281 Problem 7-22
7-22.
Note that this problem has one constraint with a negative sign. This may cause the beginning
student some confusion in plotting the line. As for the slack of each of the constraints, the first
a
HW-6-Solution
Last Name, Name:
_
Page 426 Problem 11-24
a)
Crash Cost
Activit
y
Normal time
Crash
time
Normal cost
Crash
cost
per Week
A
3
2
1,000
1,600
$ 600
B
2
1
2,000
2,700
700
C
1
1
300
300
0
D
7
3
1,300
1,600
75
E
6
3
850
1,000
50
F
2
1
4,000
5,000
Class 17
Thursday
November 14, 2013
I will assign Homework 4 tonight
It will be due Thursday, 11/21
It will cover only Chapter 11
Quiz 3 is a week from today, on Thursday
11/21
It will cover Chapters 9, 10, & 11
Homework 3 is due now
Popular applicatio
Class 9
Thursday
October 3, 2013
What are Network models?
5 Major Classes/Applications
Transportation
Assignment
Transshipment
Shortest Route
Maximal Flow
The general network model
Problem Class 1: Transportation Models
Problem Class 2: Assignment Models
Decision Variables
x1 = ounces of Cow Chow Feed needed
x2 = ounces of Moo Town Feed needed
0
0
Objective Function
Cost per Cow Chow ounce
Cost per Moo Town ounce
Total Cost
0.015x1 + 0.02x2
Constraints
Calcium
Protein
Calories
Per Cow Chow Ounce Per Moo T
Tomer Dorfan
BMGT332
September, 2012
Professor Ruhi
Blades, Inc. Case Writup
In the case of Blades, Inc. it appears hedging through baht exposure in the money
market is the most appropriate solution for Blades if they want to hedge because it
will result
Ch. 11 Exercises Solutions:
a.
= 5(0.4) = 2 per five minute period
b.
1.
P (x ) =
x -
e
= 2x e -2
x!
x!
x
0
1
2
3
P(x)
0.1353
0.2707
0.2707
0.1804
c.
2.
P(Delay Problems) = P(x > 3) = 1 - P(x 3) = 1 - 0.8571 = 0.1429
a.
= 0.6 customers per minute
P(ser