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A farmer has 10 acres to plant in wheat and barley. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre of barley costs $100 to plant. Moreover, the farmer has to get the planting done in 12 hours and it takes an hour to plant an acre of wheat and 2 hours to plant an acre of barley. If the profit is $500 per acre of wheat and $300 per acre of barley how many acres of each should be planted to maximize profit? Construct the Linear programming model.
application of operations research in managerial decision making
1. Both Juran and Deming advocated ongoing product development. In fact, Deming's introductory lecture to Japanese managers in 1950 contrasted the old way of product design-desi
Which stakeholders that was affected by the bp spill situation in America. What is the negative impact on that stakeholder?
What does the project portfolio illustrate? How might it be useful to management?
Step 1 : It is observed that cost of transportation is to Rs. 144. Step 2: Testing the Optimality : After obtaining the initial basic feasible solution the next step is to test
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
Product Layout - process design Where the volume of output is high, as in large-batch and continuous operations, it becomes economically viable to lay out the processes conti
Deliberate Sampling : Also known as purposive or non probability sampling this sampling methods involves purposive or deliberate selection of particular unit of the univ
Order Winners - Operations Strategy These are operational capabilities that directly contribute to winning business. They are generally cited as the reasons for the purchase o
An urn contains nine white balls and 11 black balls. A ball is drawn and replaced. If the ball is white your opponent pays you 25 cents. If it is black you pay him 25 cents. You ha
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