Stats Solutions

(See Solution) The CMC analyzes the possibility of an expansion through the construction of a new factory either in Los Angeles or in San Francisco, or

Question: The CMC analyzes the possibility of an expansion through the construction of a new

factory either in Los Angeles or in San Francisco, or maybe in both cities. Also think

to build, at most, a new warehouse, but the decision on the place where

will install is restricted to the city where the new factory is built. In the third

column of table 1. the net present value is shown - total yield you take in

count the value of money over time of each alternative.

In the last column, provides the required capital - included in the net present value - for investments, where the total available capital is 10 million dollars.

The goal is to find the feasible combination of alternatives that maximizes the total net present value.

Number of
decision 		Question Yes or No Value
present net 		Capital required
1 Build the factory in Los Angeles? $ 9 million $ 6 million
2 Build the factory in San Francisco? $ 5 million $ 3 million
3 Build the warehouse in Los Angeles? $ 6 million $ 5 million
4 Build the warehouse in San Francisco? $ 4 million $ 2 million

Formulate the linear programming model (PL)

  1. Objective function and work variables (15%)
  2. Restrictions (25%)
  3. Optimal solution (40%)

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in