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Q. Feedco produces two types of cattle feed, both consisting totally of wheat and alfalfa. Feed 1 must contain at least 80% wheat and feed 2 must contain at least 60% alfalfa. Feed 1 sells for $1.50/lb and feed 2 sells for $1.30/lb. Feedco can purchase up to 1,000 lb of wheat at 50/lb and up to 800 lb of alfalfa at 40/lb. Demand for each type of feed is unlimited. Formulate an LP to maximize Feedcos profit.
Optimal Translocation Strategies - use stochastic dynamic programming (SDP) to ?nd the optimal decisions
Consider a two-person, zero-sum game where the payoffs listed below are the winnings for Player A. Identify the pure strategy solution. What is the value of the game?
Write a report on IM operations governance
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If the arrival rate remains at 28 customers per hour and the stand’s manager wants to have the average time a customer spends in the system (i.e., wait time line and service time) to be a maximum of 6 minutes on average, then the service rate must
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Explain about Decision analysis problem
Consider the problem of operating a warehouse, by buying and selling the stock of a certain commodity, in order to maximize profit over four periods.
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