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Practical Management Science

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 34P

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Linear Programming is a special and versatile technique which can be applied to a variety of management problems viz.

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Please note that formulating linear program doesn't need coding but only modelling. It's operational Research problem. Garden House produces three custom flower seed mixes. Garden House is trying to decide how many pounds of each mix to produce for the upcoming planting season. All three mixes require two seed types, the all-star and the purple power. Garden house can obtain at most 25 lbs of all-star and 30 lbs of purple power seeds. Seed requirements, along with the revenue per pound of each, are given in Table 1, All star seeds cost $2/lb, and purple power seeds cost $3/lb. From past history, the company knows that it will be able to sell at most 60 lbs of mix A, but that they will sell as much of mix B and mix C as they produce. Formulate a linear program to help garden house maximize its profits.
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During an eight-hour shift, 750 non-defective parts are desired as a result of a manufacturing operation. The default operation time is 15 minutes. As the operators of machine are inexperienced, the actual time they take to perform the operation is 20 minutes, and, on average, a fifth of the parts that start to be manufactured are lost. Assuming that each one of the machines used in this operation will not be available for one hour in each shift, determine the number of machines needed.
. A group of students organizes a bake sale in which they sell hundreds of cookies at $1per piece. They set up a table on campus and wait for students to come and purchasetheir cookies. Consider the following variables in this bake sale operation:1. Size of the cookies2. Weather conditions on campus3. Organization of the table4. Number of cookies sold5. Competition from other fund-raisers coinciding on campus6. Amount of advertising and shouting of the students at the bake sale table7. Number of students on campus that dayWhich of these variables is an output variable?a. 3b. 4c. 5d. None of the above
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