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Question A- Linear Programming is most widely used technique for large number of applications in business industry as well as in various other fields. Describe in brief the steps involved in linear programming problem formulation with an example
Question B- Describe the steps involved in finding Initial Basic Feasible solution by the following methods:a. North West Corner Rule methodb. Matrix minimum methodc. Vogel's approximation method Question C- A Service store employs one cashier at its counter. 9 customers arrive on an average every 5 min while the cashier can serve 10 customers in 5 min. Assuming Poisson distribution for arrival rate also exponential distribution for service rate. Finda. Average number of customers in the systemb. Average number of customers in the queuec. Average time a customer spends in a systemd. Average time a customer waits before being served
Edwards Life Sciences is trying to decide if it should sell a new type of medical product. Fixed costs associated to the production of the product are estimated to be $30,000. Th
A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.
advantages of northwest corner method
b. 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
Construct a two-variable LP model that: · Maximizes Z; · All coefficients in the objective function are greater than 500; · Includes at least 5 constraints;
One Sample sign Test In a one sample test the null hypothesis μ = μ 0 against an appropriate alternative on the basis of a random sample of size n we replace each sam
problems
Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0on..
A company is planning its advertising strategy for the next year for its three major products.
minimization
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