Determine the locations for the camera systems

Assignment Help Accounting Basics
Reference no: EM131001139

The Bayside Art Gallery is considering installing a video camera security system to reduce its insurance premiums. A diagram of the eight display rooms that Bayside uses for exhibitions is shown in figure below; the openings between the rooms are numbered 1-13. A security firm proposed that two-way cameras be installed at some room openings. Each camera has the ability to monitor the two rooms between which the camera is located. For example, if a camera were located at opening number 4, rooms 1 and 4 would be covered; if a camera were located at opening 11, rooms 7 and 8 would be covered; and so on. Management decided not to locate a camera system at the entrance to the display rooms. The objective is to provide security coverage for all eight rooms using the minimum number of two-way cameras.

A) Formulate a 0-1 integer linear programming model that will enable Baysides management to determine the locations for the camera systems. (in excel and I have to solve using the solver)

B) Solve the model formulated in part (a) to determine how many two-way cameras to purchase and where they should have been located.

Reference no: EM131001139

Questions Cloud

Do any aspects of that note appear unusual : Examine BA's note 23, dealing with trade receivables. Do any aspects of that note appear unusual to you from the perspective of U.S. GAAP? Explain.
What will be the total cost of the refill : The amount of toothpaste in a tube is normally distributed with a mean of 6.5 ounces and an s.d. of 0.8 ounces. The cost of producing each tube is 50 cents. If in a quality control examination a tube is found to weigh less than 6 ounces, it is to be ..
Consider the impact of religion on your strategic moves : You have been given the daunting mission of opening the first GM dealerships in Iran (now that the sanctions have been removed ). Which cultural factors should you take into account as you prepare to do business there . In particular do any of Hofste..
What is the main difference between a perpetual inventory : What is the main difference between a perpetual inventory system and a periodic inventory system?
Determine the locations for the camera systems : Solve the model formulated in part (a) to determine how many two-way cameras to purchase and where they should have been located.
Solve for profit-maximizing level of monopoly output-price : Considers a monopolist with the following demand curve: P=1000-10Q. The monopolist faces MC=AC=100. Solve for the profit-maximizing level of monopoly output, price, and profits. Suppose a potential entrant is considering entering, but the monopolist ..
Discuss the types of defense mechanisms : Discuss the types of defense mechanisms that could be applied to this conflict being encountered by the employees. In your discussions, explain how these defense mechanisms would guard the employees from the anxiety produced by the encounter with ..
Calculate the price elasticity of demand at prices : Draw the demand curve Q = 200 – 10P. Calculate the price elasticity of demand at prices of $5, $10, and $15 to show how it changes as you move along this linear demand curve.
Payment of freight charge on merchandise purchased : Payment of freight charge on merchandise purchased. Indicate which accounts would be debited and credited for each event.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd