Module 2 – Case
RESOURCE ALLOCATION: LINEAR PROGRAMMING
Case Assignment
Part I: Identifying Constraints
Each short scenario describes a business situation. For each scenario, please write a short paragraph explaining which constraint or constraints is/are present, and why.
Part II: Describing Constraints
For each situation, write down the appropriate constraint. Please use the standard symbols “+” and “-” for plus and minus, and “ * ” for multiplication; however, if you find the symbols “≤” and “≥” difficult to keep straight, you may write “LE” for “Less than or equal to,” and “GE” for “Greater than or equal to.”
Example: An office is buying filing cabinets. The Model A cabinet holds a maximum of 3 cubic feet of files. Model B holds a maximum of 4.5 cubic feet of files. At any time, the office will have a maximum of 17 cubic feet of files that need to be stored. (A bit more cabinet space wouldn’t be a problem, but not enough would be. The files can’t be stacked on the floor.) Write a constraint on the number of cabinets the office should acquire.
Variables:
A = number of Model A cabinets purchased
B = number of Model B cabinets purchased
Answer:
A*( 3 cubic feet) + B*(4.5 cubic feet) ≥ 17 cubic feet
Or
A*( 3 cubic feet) + B*(4.5 cubic feet) GE 17 cubic feet
Variables:
C = number of cups made
B = number of bowls made
V = number of vases made
Variables:
GenA = number of type A generators shipped
GenB= number of type B generators shipped
3. Patty (see 2.1. above) earns the following profit on each product:
Vase: $1.35
Cup: $0.75
Bowl: $2.40
Using the variable labels given in 2.1, write the profit equation for one of Patty’s days.
Part III: Solving an Allocation Problem
A small Excel application, LP Estimation.xlsx is available to help you with this part of the Case.
A refinery produces gasoline and fuel oil under the following constraints.
Let
gas = number of gallons of gasoline produced per day
fuel = number of gallons of fuel oil produced per day
Demand constraints:
Minimum daily demand for fuel oil = 3 million gallons (fuel ≥ 3)
Maximum daily demand for gasoline = How do I do this Midterm Exam?,Psychology,,
Get a Unique Answer HERE or Order a Similar Paper
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Place Order” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.