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Question:
Machine A costs Rs. 9000. Annual operating costs are Rs. 200 for the first year, and then increase by Rs. 2000 every year. Suppose that the machine has no resale value when replaced and that future costs are not discounted.
(a) Determine the best age at which to replace the machine.
(b) If the optimum replacement policy is followed, what will be the average yearly cost of owning and operating the machine?
Machine B costs Rs. 10000. Annual operating costs are Rs.400 for the first year and then increase by Rs. 800 every year. You have now a machine of type A which is one year old. Should you replace it with B, and if so, when?
- A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape
. Discuss the methodology of Operations Research.
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Scope of the OR techniques can be derived in followings various importance fields: 1. In Agriculture : With the explosion of population and consequent shortage of food O
How do we determine EOQ?
North West Corner Rule for Initial Solution: Now by applying North West corner rule we can initial solution. According to this rule without regard to cost consideration the
Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
basic requirements for solving linear programing using simplex method
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in a rectangular game ,pay of matrix of player A is as follows
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