• Home
  • Shop
  • FAQ,s
  • Blog
  • Contact us
  • Contact us
Login / Register
Search
Wishlist
1 item / $25.00
Menu
Search
1 item $25.00
“Operations And Supply Chain Management 15Th edition By Jacobs – Test Bank” has been added to your cart. View cart
Operations Management
Click to enlarge
Home Management test bank & Solution Manual Solution Manual for Operations Management 13th Edition by Stevenson
Principles of Supply Chain Management
Solution Manual for Principles of Supply Chain Management 5th Edition by Wisner Suggested Price: $20.00
Back to products
Solution Manual for Business Research
Solution Manual for Business Research Methods 12th Edition by Cooper Suggested Price: $15.00

Solution Manual for Operations Management 13th Edition by Stevenson

Suggested Price: $20.00

By: Stevenson

Edition: 13th Edition

Format: Downloadable ZIP Fille

Resource Type: Solution Manual

Duration: Unlimited downloads

Delivery: Instant Download

Compare
Add to wishlist
Category: Management test bank & Solution Manual
Share:
  • Description
  • Shipping & Delivery
Description

Solution Manual for Operations Management 13th Edition by Stevenson

chapter 19

Linear Programming

Teaching Notes

The main goal of this supplement is to provide students with an overview of the types of problems that have been solved using linear programming (LP). In the process of learning the different types of problems that can be solved with LP, students also must develop a very basic understanding of the assumptions and special features of LP problems of management test bank.

Students also should learn the basics of developing and formulating linear programming models for simple problems, solve two-variable linear programming problems by the graphical procedure, and interpret the resulting outcome. In the process of solving these graphical problems, we must stress the role and importance of extreme points in obtaining an optimal solution.

Improvements in computer hardware and software technology and the popularity of the software package Microsoft Excel make the use of computers in solving linear programming problems accessible to many users. Therefore, a main goal of the chapter should be to allow students to solve linear programming problems using Excel. More importantly, we need to ensure that students are able to interpret the results obtained from Excel or any another computer software package.

Answers to Discussion and Review Questions

  1. Linear programming is well-suited to constrained optimization problems that satisfy the following assumptions:
  2. Linearity: The impact of decision variables is linear in constraints and the objective function.
  3. Divisibility: Noninteger values of decision variables are acceptable.
  4. Certainty: Values of parameters are known and constant.
  5. Nonnegativity: Negative values of decision variables are unacceptable.
  6. The “area of feasibility,” or feasible solution space is the set of all combinations of values of the decision variables that satisfy all constraints. Hence, this area is determined by the constraints.
  7. Redundant constraints do not affect the feasible region for a linear programming problem. Therefore, they can be dropped from a linear programming problem without affecting the feasible solution space or the optimal solution.
  8. An iso-cost line represents the set of all possible combinations of two input decision variables that result in a given cost. Likewise, an iso-profit line represents all of the possible combinations of two output variables that results in a given profit.
  9. Sliding an objective function line towards the origin represents a decrease in its value (i.e., lower cost, profit, etc.). Sliding an objective function line away from the origin represents an increase in its value.
  10. a. Basic variable: In a linear programming solution, it is a variable not equal to zero.
  11. Shadow price: It is the change in the value of the objective function for a one-unit change in the right-hand-side value of a constraint.
  12. Range of feasibility: The range of values for the right-hand-side value of a constraint over which the shadow price remains the same.
  13. Range of optimality: The range of values over which the solution quantities of all the decision variables remain the same.

Solution to Problems

  1. a. Graph the constraints and the objective function:

 

Material constraint:

6x1 + 4x2 ≤ 48

Replace the inequality sign with an equal sign:

6x1 + 4x2 = 48

Set x1 = 0 and solve for x2:

6(0) + 4x2 = 48

4x2 = 48

x2 = 12

One point on the line is (0, 12).

Set x2 = 0 and solve for x1:

6x1 + 4(0) = 48

6x1 = 48

x1 = 8

A second point on the line is (8,0).

 

Labor constraint:

4x1 + 8x2 ≤ 80

Replace the inequality sign with an equal sign:

4x1 + 8x2 = 80

Set x1 = 0 and solve for x2:

4(0) + 8x2 = 80

8x2 = 80

x2 = 10

One point on the line is (0, 10).

Set x2 = 0 and solve for x1:

4x1 + 8(0) = 80

4x1 = 80

x1 = 20

A second point on the line is (20, 0).

 

Objective function:

Let 4x1 + 3x2 = 24.

Set x1 = 0 and solve for x2:

4(0) + 3x2 = 24

3x2 = 24

x2 = 8

One point on the line is (0, 8).

Set x2 = 0 and solve for x1:

4x1 + 3(0) = 24

4x1 = 24

x1 = 6

A second point on the line is (6, 0).

 

The graph and the feasible solution space (shaded) are shown below:

Shipping & Delivery

Related products

Compare
Quick view
Add to wishlist
Add to cart

Operations And Supply Chain Management 9th Edition by Roberta Russell – Test Bank

Management test bank & Solution Manual
Suggested Price: $25.00 Quick View
Compare
Quick view
Add to wishlist
Add to cart

Operations And Supply Chain Management The Core 5Th Edition – Test Bank

Management test bank & Solution Manual
Suggested Price: $25.00 Quick View
Managing Operations Across the Supply Chain
Compare
Quick view
Add to wishlist
Add to cart

Solution Manual for Managing Operations Across the Supply Chain 4th Edition by Swink

Management test bank & Solution Manual
Suggested Price: $25.00 Quick View
Statistics for Management and Economics
Compare
Quick view
Add to wishlist
Add to cart

Solution Manual for Statistics for Management and Economics 11th Edition by Keller

Management test bank & Solution Manual
Suggested Price: $15.00 Quick View
-33%
Strategic Brand Management Building Measuring
Compare
Quick view
Add to wishlist
Add to cart

Solution Manual for Strategic Brand Management Building Measuring 4th edition

Management test bank & Solution Manual
Suggested Price: $30.00 Original price was: $30.00.$20.00Current price is: $20.00. Quick View
Financial Management
Compare
Quick view
Add to wishlist
Add to cart

Test Bank For Foundations of Financial Management 10th Canadian Edition

Financial test bank & Solution Manual, Management test bank & Solution Manual
Suggested Price: $25.00 Quick View
Financial Management
Compare
Quick view
Add to wishlist
Add to cart

Test Bank For Foundations of Financial Management 11th Canadian Edition By Stanley B. Block

Financial test bank & Solution Manual, Management test bank & Solution Manual
Suggested Price: $20.00 Quick View
Management test bank
Compare
Quick view
Add to wishlist
Add to cart

Test Bank For Fundamentals of Human Resource Management Raymond Noe 8th Edition

Management test bank & Solution Manual
Suggested Price: $35.00 Quick View

    • 451 Wall Street, UK, London
    • Whatsapp: +1-6269466008
    • Support: 24/7

    Products
    • Test Bank For Sensation and Perception 7th Edition Test Bank For Sensation and Perception 7th Edition Suggested Price: $700.00
    Categories
    • Nursing test bank & Solution Manual
    • Accounting test bank & Solution Manual
    • Psychology test bank & Solution Manual
    • Management test bank & Solution Manual
    • Anatomy & Physiology test bank & solution manual
    Etestbanknet offers Test Bank and Solution manuals
    payments
    • Menu
    • Categories
    • Nursing test bank & Solution Manual
    • Accounting test bank & Solution Manual
    • Psychology test bank & Solution Manual
    • Management test bank & Solution Manual
    • Anatomy & Physiology test bank & solution manual
    • Home
    • Shop
    • FAQ,s
    • Blog
    • Contact us
    • Wishlist
    • Compare
    • Login / Register
    Shopping cart
    Close
    Sign in
    Close

    Lost your password?

    No account yet?

    Create an Account
    Start typing to see products you are looking for.
    Shop
    Wishlist
    1 item Cart
    My account

    WhatsApp us