Supply Chain Essay

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1. Problem Set 1.1A (Hamdy- Chapter 1) Q1: In the tickets example, identify a fourth feasible alternative Feasible Solution: Buy total of ten one-way tickets, five from FYV to DEN to be used on Mondays, and five from DEN to FYV to be used on Wednesdays. Feasible but not optimal. Alternate Optimal Solution: Buy one DEN-FYV-DEN to cover Wednesday of the first week and Monday of the last week and four FYV-DEN-FYV to cover the remaining legs. All tickets in this alternative span at least one weekend. Feasible as well as optimal. Q2: In the rectangle problem, identify two feasible solutions and determine which one is better. Q3: Determine the optimal solution of the rectangle problem. L = Length of the Wire L ≥ 0 Decision Variables; X1 = Ratio of wire length used for Width portion of the Rectangle X1 ≥ 0 X2 = Ratio of wire length used for Height portion of the Rectangle X2 ≥ 0 Max Z = W*H = (0.5*X1*L)*(0.5*X2*L) = 0.25*L2*X1*X2 subject to: X1 + X2 = 1 Feasible Solution #1: X1 = 0.25 X2 = 0.75 Z = 0.25*L2*0.25*0.75 = 0.046875*L2 Feasible Solution #2: X1 = 0.33 X2 = 0.67 Z = 0.25*L2*0.33*0.67 = 0.055556*L2 Feasible Solution #3: X1 = 0.50 X2 = 0.50 Z = 0.25*L2*0.50*0.50 = 0.062500*L2 Feasible Solution #4: X1 = 0.67 X2 = 0.33 Z = 0.25*L2*0.67*0.33 = 0.055556*L2 Feasible Solution #5: X1 = 0.75 X2 = 0.25 Z = 0.25*L2*0.75*0.25 = 0.046875*L2 Area is maximized when the values of X1 and X2 converge. Maximum value is obtained when X1 = X2 = 0.5 Q4: Amy, Jim, John, and Kelly are standing on the east bank of a river and wish to cross to the west side using a canoe. The canoe can hold at most two people at a time. Amy, being the most athletic, can row across the river in 1 minute. Jim, John, and Kelly would take 2, 5, and 10 minutes, respectively. If two people are in the canoe, the slower person dictates the crossing time. The objective is

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