Farmer jones must determine how many
Plans are now being made for leasing warehouse storage space over the next three months. Just how much space will be required in each of these months is known. However, since these space requirements are quite different, it may be more economical to lease only the amount needed each month on a month-by-month basis. On the other hand, the additional cost for leasing space for additional months is much less than for the first month, so it may be less expensive to lease the maximum amount needed for the entire three months.
For instance, it may be more beneficial to lease some space for a leasing period of three months and some space for a leasing period of one month in month 1, lease some space for a leasing period of two months in month 2, and lease some space for a leasing period of one month in month 4.
The space requirement and the leasing costs for the various leasing periods are as follows: Required Space Leasing Period Cost Month sq. For instance, in month 2, you have two possible leasing periods: 1 month or 2 months, because if you lease for 3 months in month 2, you will be leasing some space for the fourth month, which is not needed. Hint: you have 6 decision variables in total, 3 for month 1, 2 for month 2, and 1 for month 3.
Explain your answer. How does the feasible region change? Will your answer to part a change? Expert's Answer Solution. Feedback :. Next Previous. Related Questions. Farmer Jones must determine how many acres of corn and wheat to plant this year. An acre of wheat yields 25bushels of wheat and requires 10 hours of labor per week. An acre of corn yields 10 bushels of corn and requires 4hours of labor per week. Karusel Berikutnya. Apa itu Scribd? Diunggah oleh Melusi Doc.
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Thus, the objective function is, Step 2 of 3 The constraints are as follows: Constraint 1: Seven acres of land is available. All rights reserved.
John Nixon. The Stony Brook Press. Neil Camargo. In answering parts a and b , assume that the current basis remains optimal. Unskilled labor? So is the shortest path, length is Mayor John Lion wants to build telephone lines to ensure that all the subdivisions can communicate with each other.
The distances between the subdivisions are given in Figure. What is the minimum length of telephone line required?
Assume that no telephone line can be built between subdivisions 1 and 4. So the MST is , the total length is Three units of raw material are needed to manufacture 1 unit of product 1, and 6 units of raw material are needed to manufacture 1 unit of product 2.
A total of units of raw material are available. Formulate an IP to maximize profits. Instructions a Journalize the January transactions. What is the profit-maximizing View Answer. Lava Lake Inc. On February 11 of the current year, Lava Lake For what reasons might Lava Based on the scale of measurement for each variable listed below, which measure of central Search the internet for two interesting articles about software development life cycles or project Compare and contrast the four work measurement techniques.
What is the value of a statement of vision and objectives?
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