Answer Question FOURIJ and any other TWO Questions Question THREE carries 30 marks, and any other questa carries 15 marks 1 A. Pinocchio, Inc. manufactures 2 types of wooden toys trucks and trains. The price of a piece of track is GHCS50, of a piece of train GHC700. The wood cost for the truck is GHC50, whereas for the train CHC70. The truck requires 1 hour of carpentry labor and 1 hour of finishing labor assembling and painting. The train requires 2 hours of carpentry labor and 1 hour of finishing laber. Worth of carpentry laboris GHC30 per hour, worth of finding laberis GC20 per hour Each month, Pinocchio has 5000 wailable hours of carpentry labor and 3000 hours of finishing labor. Demand for trains is unlimited, but mos 2000 trucks are at an average, bought each month. The Pinocchio's management wants to maximize monthly profit (soal revenue-total cost) B. The head of the business department, has decided to apply the Hungarian method in assigning lecturers to courses next semester. As a criterion for judging who should teach cach course, the head of department services the past two years teaching evaluations. All the four lecturers have each of the courses at one time or another during the two year period. Thentings are shown in the table Find the best assignment of lecturers to courses to maximize the overall scaching COURSE QUANTITATIVE ECONOMICS ACCOUNTING METHODS 90 95 HR 30 S. EDUARO A ARABIO 70 RO 75 P. YAMAN 85 40 55 55 H. FOSUA AMO 2. a) A chemical manufacturer processes two chemicals, Arkee and Zenon, in varying proportions to produce three products, AB and C. He wishes to produce least 150 units of A, 200 units of B, and 60 units ofC. Each ton of Arkowyields 3 of A, 5 of Band 3 ofC. Each ton of Zence yields 5 of A, 5 of Band 1 of C i If Arkon cost Ghe 40 per ton and Zenon Ghe 50 perton, advise the manufacturer how to minimize cost What is the deal of the minimizing LP problemet b) A company has four salesmen who have to visit four clients. The profit records from previous visits are shown in the table and it is required to mais profits by the best assignments Customers A 6 12 12 15 D 2 18 20 15 20 4 16 8 3. A wholesale company has nine storage depots which it proposes to attaine Four depots, O.R.S and are to be expanded and five depots. A B.C.D. and are to be Answer Question FOURIJ and any other TWO Questions Question THREE carries 30 marks, and any other questa carries 15 marks 1 A. Pinocchio, Inc. manufactures 2 types of wooden toys trucks and trains. The price of a piece of track is GHCS50, of a piece of train GHC700. The wood cost for the truck is GHC50, whereas for the train CHC70. The truck requires 1 hour of carpentry labor and 1 hour of finishing labor assembling and painting. The train requires 2 hours of carpentry labor and 1 hour of finishing laber. Worth of carpentry laboris GHC30 per hour, worth of finding laberis GC20 per hour Each month, Pinocchio has 5000 wailable hours of carpentry labor and 3000 hours of finishing labor. Demand for trains is unlimited, but mos 2000 trucks are at an average, bought each month. The Pinocchio's management wants to maximize monthly profit (soal revenue-total cost) B. The head of the business department, has decided to apply the Hungarian method in assigning lecturers to courses next semester. As a criterion for judging who should teach cach course, the head of department services the past two years teaching evaluations. All the four lecturers have each of the courses at one time or another during the two year period. Thentings are shown in the table Find the best assignment of lecturers to courses to maximize the overall scaching COURSE QUANTITATIVE ECONOMICS ACCOUNTING METHODS 90 95 HR 30 S. EDUARO A ARABIO 70 RO 75 P. YAMAN 85 40 55 55 H. FOSUA AMO 2. a) A chemical manufacturer processes two chemicals, Arkee and Zenon, in varying proportions to produce three products, AB and C. He wishes to produce least 150 units of A, 200 units of B, and 60 units ofC. Each ton of Arkowyields 3 of A, 5 of Band 3 ofC. Each ton of Zence yields 5 of A, 5 of Band 1 of C i If Arkon cost Ghe 40 per ton and Zenon Ghe 50 perton, advise the manufacturer how to minimize cost What is the deal of the minimizing LP problemet b) A company has four salesmen who have to visit four clients. The profit records from previous visits are shown in the table and it is required to mais profits by the best assignments Customers A 6 12 12 15 D 2 18 20 15 20 4 16 8 3. A wholesale company has nine storage depots which it proposes to attaine Four depots, O.R.S and are to be expanded and five depots. A B.C.D. and are to be
