Examlex
Data Equipment Inc.produces two models of a retail price scanner,a sophisticated model that can be networked to a central processing unit and a stand-alone model for small retailers.The major limitations of the manufacturing of these two products are labor and material capacities.The following table summarizes the usages and capacities associated with each product. The typical LP formulation for this problem is:
Maximize $160 X1 + $95 X2
Subject to: 8 X1 + 5 X2 ≤ 800
20 X1 + 7 X2 ≤ 1500
X1,X2 ≥ 0
However,the management of DEI has prioritized several goals that are to be attained by manufacturing:
(1)Since the labor situation at the plant is uneasy (i.e. ,there are rumors that a local union is considering an organizing campaign),management wants to assure full employment of all its employees.
(2)Management has established a profit goal of $12,000 per day.
(3)Due to the high prices of components from nonroutine suppliers,management wants to minimize the purchase of additional materials.
Given the above additional information,set this up as a goal programming problem.
Permissive
Describes actions or conditions that are allowed or tolerated, especially in contexts where specific authorization or regulation may not exist.
Mandatory
Required or compulsory, indicating that certain actions, procedures, or measures must be followed or executed as per legal or organizational guidelines.
Illegal
Pertains to activities or actions that are prohibited by law.
Certification Elections
A process supervised by an official body in which employees vote to determine whether they wish to be represented by a particular labor union.
Q3: Warehousing and inventory storage:<br>A)typically has little communication
Q4: According to the information provided in Table
Q9: Compared to other modes of transportation,motor carriers
Q13: A criterion in establishing whether a purchase
Q20: Environmental matters can be incorporated into the
Q25: In portfolio analysis,cost analysis can be used
Q45: The expected completion time and variance of
Q100: The school of business has 3 fax
Q101: According to Table 11-2,there are four activities
Q107: Consider the project with the following estimates