Fractional values for decision variables as optimal solution

Assignment Help Operation Management
Reference no: EM131137020

It is quite possible that when you solve a linear programming application you may get fractional values for the decision variables as an optimal solution. For example, if your decision variables are how many trains and buses to run daily to meet expected ridership, your solution may call for 30.37 trains and 100.87 buses. Is that a problem? If it is a problem explain why. Also, discuss some possible remedies.

Reference no: EM131137020

Questions Cloud

As a consultant to an international organisation : Background As a consultant to an international organisation, you are required to review the organisation's operations strategy and provide a detailed report on your findings.
Compare the pain relief effectiveness between the groups : What is the next test that is performed to determine specifically which of the four groups are different - what statistical test should be used?
What do you understand by software as service : What do you understand by software as a service (SaaS)? What do you understand by cloud computing and it application with SaaS? How can a kids’ bouncy place use revenue management to improve financial performance?
Business organisation and policy : BHS was a department store founded in 1928 that sold a variety of clothing, householdand other items. In April 2016, the company was placed into administration and its future and that of its staff remains uncertain.
Fractional values for decision variables as optimal solution : It is quite possible that when you solve a linear programming application you may get fractional values for the decision variables as an optimal solution. For example, if your decision variables are how many trains and buses to run daily to meet expe..
Write down the household utility maximization problem : Write down the household's utility maximization problem subject to the present value budget constraint. Show that it is optimal for the household to choose c and c′ such that
Find the maximum current in the resistor : Should the argument of the sine function be in degrees or radians? The argument of the sine function should be in degrees.The argument of the sine function should be in radians.
Impacts of high school sport participation : After reading Unit IV: Impacts of High School Sport Participation, focus your thoughts and reactions on the research conducted and reviewed by Eccles and Barber. In their research on 10th graders' responses to questions about their leisure time an..
Calculate the average time customer spends in queue : The Gabe Center for the Arts has one single ticket station open in person throughout the day. It takes a customer service representative 5 minutes to start and finish a ticket order. Patrons arrive to purchase tickets at a rate of 6 people per hour. ..

Reviews

Write a Review

Operation Management Questions & Answers

  Contribute to organizations competitive advantage

Supply management may INDIRECTLY contribute to the organization's competitive advantage by:

  Board-boomerz manufactures retro board games

Board-Boomerz manufactures retro board games. The company is going through its annual budgeting process. Using the following data, determine the $ Amount that must be budgeted for Direct Materials, Direct Labor, and Factory Overhead. How much will Bo..

  Exercise 1 making a critical assessment of the toyota

exercise 1 making a critical assessment of the toyota production system tps todaya. demonstrate your teams basic

  Base of segmentation would result in change in marketing mix

Bethesda Hospital has recently developed an occupational medicine program. It wants to target employers in the Baltimore metropolitan area. The director of the program has a range of services within this program, including toxicology assessment, Sugg..

  Discuss importance of correlation-probabilistic branching

Discuss the importance of correlation, probabilistic branching and probabilistic calendars and how the aforementioned are useful for project cost risk analysis. Discuss how you would incorporate correlation, probabilistic branching and probabilistic ..

  Lean techniques work in both manufacturing-service sector

Does lean production work in the service sector? Provide an illustration (example with reasons) to demonstrate your point. Which lean techniques work in both the manufacturing and service sector? Are there any which only apply to one or the other (se..

  Process capability ratio of the bottle filling process

A barbecue sauce producer sells their product in a 40 ounce bottle. Their historical process mean has been 40 ounces with a standard deviation of 0.5 ounces. If their tolerance limits are set at 40 ounces plus or minus 2 ounce, what is the process ca..

  What does the project kick-off look like

You are the project manager of a major hotel chain. The company is going to change their billing system software to completely different software. Your role as project manager is to create a project plan that integrates the new software into the curr..

  Write clearly and concisely about information technology

Write clearly and concisely about Information Technology Project Management topics using proper writing mechanics and technical style conventions.

  Type of approach a business is using to manage its hr

Assume the position of a consultant hired to assess the approach toward HR management taken by a client organization. What factors might you evaluate in determining whether an organization uses a traditional or strategic approach to managing its HR? ..

  What are some examples of strategic supply chain decisions

What are some examples of strategic supply chain decisions (include operations management decisions)? How might these decisions vary across companies pursuing different strategies?

  Audit and issued an unqualified opinion

Melvin, a CPA, was hired by Buy-Um-Up Inc., to audit its financial statements. Due to his negligence, Melvin failed to discover that Morris, chairman the board of directors of Buy-Um-Up, had embezzled $400,000 of the company funds. Melvin finished th..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd