"> (solution)- Please refer attached file for answers 1 Consider the following linear programming problem:

Maximize 4X + 10Y

Subject to: 3X + 4Y <= 480 and 4X + 2Y = 0
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The Question

1 Consider the following linear programming problem:

Maximize 4X + 10Y

Subject to: 3X + 4Y <= 480 and 4X + 2Y = 0

The feasible corner points are (48,84), (0,120), (0,0), (90,0).?

What is the maximum possible value for the objective function?

1032

1200

360

none of the above

2. Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers and other items. The annual demand for a particular stapler is 1,600 units. The holding cost is \$2 per unit per year. The cost of setting up the production line is \$25. There are 200 working days per year. The production rate for this product is 80 per day. If Rolf decided to produce 200 units each time he started production of the stapler, what would his maximum inventory level be?

200

180

100

90

none of the above

3. At a local fast food joint, cars arrive randomly at a rate of 12 every 30 minutes. Service times are random (exponential) and average 2 minutes per arrival. The average time in the queue for each arrival is:

4 minutes

6 minutes

8 minutes

10 minutes

none of the above

4. As order size increases, total:

inventory costs will increase, reach a maximum and then quickly decrease.

inventory cost will decrease, reach a minimum and then increase.

ordering costs will initially increase while total carrying cost will continue to decrease.

#### Solution details

Solution #000917579326

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xxxxxx xxx the full version xx xxxx expert xxxxxxxxxxx

x Consider the following xxxxxx xxxxxxxxxxx problem:?Maximize 4X + xxxxxxxxxxxxx to: 3X x xx <= xxx xxx 4X x 2Y = xxxxxxx xxxxxxxx xxxxxx xxxxxx xxx (48,84), (0,120), xxxxxx (90,0).??What xx xxx maximum xxxxxxxx value for xxx xxxxxxxxx function? xxxxxxxxxxxxxxxxxxxxxxxxxxx xx xxx xxxxx

?2. xxxx Steps is the production manager xxx x local manufacturing xxxxx This company produces staplers xxx other xxxxxx xxx xxxxxx demand for x particular xxxxxxx is 1,600 units. xxx xxxxxxx xxxx xx \$2 per xxxx per xxxxx The cost xx xxxxxxx up the production line is xxxx xxxxx are 200 working xxxx per year. xxx production rate for this xxxxxxx xx 80 per xxxx If Rolf decided to produce xxx xxxxx each xxxx he started production xx the stapler, xxxx xxxxx his maximum inventory xxxxx be? ?200?180?100?90?none xx the above

xxxxx At x xxxxx fast food joint, xxxx arrive xxxxxxxx xx a xxxx of 12 xxxxx xx minutes. Service xxxxx xxx xxxxxx

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This paper was answered on 19-Jul-2017

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