* Answer ALL. Total label : 30 abrasions. ( 10% )
* All work must be done in Excel.
* On the assignment cover, your name and assimilator ID.
* Submit hardcopy of work by Monday 2nd April 2012 at the spring of lecture.
Question 1 ( 10 marks )
Three jobs collapse to be assigned to three people. The set back shows the work hours for from each one employee in the respective job.
Employee| Job X| Job Y| Job Z|
A| 16| 20| 13|
B| 25| 18| 16|
C| 17| 22| 24|
(a) Find the optimal assignment that go forth minimize the total working hours. ( 9 marks )
(b) head the total working hours. ( 1 mark )
Question 2 ( 10 marks )
Complete the following transportation flurry for initial solution, victimization
| To| D| E| F| Supply|
From| | | | | |
A| | | 9| | 5| | 3| 400|
B| | | 7| | 3| | 7| 300|
C| | | 10| | 2| | 8| 200|
Demand| | 450| | 220| | 230| | 900|
(a) Northwest Corner system ( 4.5 marks )
(b) Least Cost Method ( 4.5 marks )
(c) Which initial solution produces the lowest total cost ?
( 1 mark )
Question 3 ( 10 marks )
Suki Corp specializes in manufacturing computer tables. It is considering of building a new factory to fashion the tables. The size of the factory is either large, medium and small. The following table shows the payoff ( in thousands ) for the proposed factory under three commercialise conditions ( strong, fair, poor ).
Alternative| Payoff|
| Strong Market| elegant Market| Poor Market|
Large Facility| 90| 70| 10|
Medium Facility| 60| 50| 15|
Small Facility| 30| 30| 25|
Probability| 0.5| 0.3| 0.2|
(a) Find the best decision under risk, using Expected Opportunity Loss. ( 8 marks )
(b) Calculate the judge monetary value of the decision. ( 1 mark )...If you want to pay off a full essay, order it on our website: Orderessay
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