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

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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