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Reconsider Prob. 12.3-5a Use the MIP branch-andbound algorithm presented in Sec. 12.7 to solve this IP problem interactively.
Prob. 12.3-5a
Northeastern Airlines is considering the purchase of new long-, medium-, and short-range jet passenger airplanes. The purchase price would be $67 million for each long-range plane, $50 million for each medium-range plane, and $35 million for each short-range plane. The board of directors has authorized a maximum commitment of $1.5 billion for these purchases. Regardless of which airplanes are purchased, air travel of all distances is expected to be sufficiently large that these planes would be utilized at essentially maximum capacity. It is estimated that the net annual profit (after capital recovery costs are subtracted) would be $4.2 million per long-range plane, $3 million per medium-range plane, and $2.3 million per short-range plane. It is predicted that enough trained pilots will be available to the company to crew 30 new airplanes. If only short-range planes were purchased, the maintenance facilities would be able to handle 40 new planes. However, each medium-range plane is equivalent to 1 short-range planes, and each long-range plane is equivalent to 1 short-range planes in terms of their use of the maintenance facilities. The information given here was obtained by a preliminary analysis of the problem. A more detailed analysis will be conducted subsequently. However, using the preceding data as a first approximation, management wishes to know how many planes of each type should be purchased to maximize profit.
(a) Formulate an IP model for this problem.
1.which of the following correctly describes the relationship between victimology and criminology?2.in their
possible Solutions for a Plethora of Problems.
Explain the planning your qualitative research plan. To assist you with this, consider working on the literature review for your qualitative research plan.
One of the largest and oldest hospital systems in our nation is Veterans Affairs
Why do people do what they do-what makes them tick? Often in a business setting the answer seems obvious: money. You do a job because you are being paid to do it! However, the answer is rarely that simple.
Provide three specific examples of why or why not a global Code of Conduct is important. Back up your ideas with at least one additional scholarly source. (Be sure to cite and reference your source(s) using APA style
Write a report about Mobile and Executive Computing. Discuss the different cost factors and key components of a mobile solution that will influence these costs.
This project will help the Jones Family a family of 5 go to Disney World by the summer of 2017. The funds will be gathered between all family members since all have jobs.
What are the differences between the general environment and the industry environment? Why are these differences important?
Refer to the Real World Case on Cisco Systems and Others in the chapter. Are supply chains becoming so tightly integrated that resilience against external shocks is minimal? Discuss.
Considering the concept of product life cycle, where would you put video game as productin their life cycle.
Discussing the advantage of dynamic pricing over fixed pricing.
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