Consider the following linear programming problem: Min Z = 50x1 + 60x2 s.t. 6x1 + 5x2 >= 30 8x1+4x2 >= 32 x1,x2 >=0. What is the Z in the optimal point of this problem? a. 200 b. 250 c. 300 d. 350 e. none of the abov
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Consider the following linear programming problem: Min Z = 50x1 + 60x2
s.t. 6x1 + 5x2 >= 30
8x1+4x2 >= 32
x1,x2 >=0.
What is the Z in the optimal point of this problem?
a. 200
b. 250
c. 300
d. 350
e. none of the abov
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- Use the information below to answer question 2x + 3y + 3z = 2 4x – 3y – 6z = 2 10x – 6y + 3z = 0 1. The co-factor for the first element in the coefficient matrix for this system is: A. -27 B. -45 C. 27 D. 45AsapConsider the following integer linear programming problem. Маx Z - 4x +3у Subject to: 4x + 6y < 35 5x +3y < 30 x<9 x, y 20 and integer. What is the optimal solution to the integer linear programming problem? Answer Choices: a. 22 b. 26 с. 25 d. 21
- 3. The Captain of a Cricket team has to allot 5 middle position to 5 batsmen. The average runs scored by each batsman at these positions are as follows Batting Positions III Batsmen II IV V P 40 40 35 25 50 27 50 42 30 16 25 R. 50 48 40 60 20 19 20 18 25 T 58 60 59 55 Find the assignment of batsmen to positions, which would give the maximum number of runs. If another batsman 'U' with the following average runs in batting positions as given below: Batting Positions: Average Runs: Is added to the team, should he be added to play in the team? If so, who should be replaced by him? II II IV V 45 52 38 50 493 II | Here are the changes to the original problem and the revised conditions for this decision-making problem: With a favorable market, John Thompson thinks a large facility would result in a net profit of $195,000 to his firm. If the market is unfavorable, the construction of a large facility would result in $185,000 net loss. A small plant would result in a net profit of $110,000 in a favorable market, but a net loss of $25,000 would occur if the market was unfavorable. Doing nothing would result in $0 profit in either market conditions. a) Create a decision table, b) What is your recommendation if you would apply the Maximax criterion (Optimistic)? Follow the guidance from your textbook and create a table. c) What is your recommendation if you would apply the Maximin Criterion (Pessimistic)? Follow the guidance from your textbook and create a table. d) What is your recommendation if you would apply the Criterion of Realism (Hurwicz Criterion) with a coefficient of realism a =…Explain or define each of these terms:a. Laplace criterionb. Minimax regretc. Expected valued. Expected value of perfect information
- Please show how to solve bAssume that the payoff table provides cost rather than profit payoffs. What isthe recommended decision using:i. the optimistic approachii. the conservative approachiii. the minimax regret approachiv. the Laplace method26. XYZ and Co has provided the following data seeking your advice on optimum investment strategy: Net return data (in paise) Investment made at the of selected investments Amount beginning of year available (Lakh) 1 95 80 70 60 70 2 75 65 60 50 40 3 70 45 50 40 90 60 40 40 30 30 Маximum Investment (Lakh) 40 50 60 60 The following additional information is also provided: (i) P, Q, R and S represent the selected investments. (ii) The company has decided to have four-year investment plan. (iii) The policy of the company is that amount invested in any year will remain so until the end of the fourth year. (iv) The values (paise) in the table represent net return on investment of 7 1 till the end of the planning horizon (for example, a rupee invested in investment P at the beginning of first year will grow to { 1.95 by the end of the fourth year, yielding a return of 95 paise). Using the above, determine the optimum investment strategy. (CA, November, 1996)
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