Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

eBook Refer to the MOLP problem presented here. The solutions shown in Figures 7.9, 7.10, and 7.11 each result in more than the required amount

image text in transcribed
image text in transcribed
eBook Refer to the MOLP problem presented here. The solutions shown in Figures 7.9, 7.10, and 7.11 each result in more than the required amount of one or more types of coal being produced, as summarized in the following table Excess Production of Solution Shawn Int High-Grade Coal Medium-Grade Coal low-Grade Cool Figure 7.9 Otons Olons 15 tons Figure 7.10 12 tons Otons Otons Figure 7.11 72 tons 12 tons Otons a. Select the correct LP model that could be folved to find the solution that minimizes the maximum amount of excess coal produced (Hint: Use a MINIMAX objective rather than a MAX() function.) MAX Q II MINO ST 05 12W + 4G - 48 SQ ST 05 12W + 4G - 48 SQ Os 4.4G+ 28 Os 4W +46-28 SQ 05 20W + 10G-100 SO OS 10W+20G - 100 SQ W.G20 W. GO III MAX 0 S 12W + 46-48 SQ 0 54W 126 - 28 SQ Os 4w - 4G+ 48 5 O Os 12W + 46.28 SO OS 20W + 10G + 100 5 O W.GO OS 10W +20G + 100 SO W.G>O X b. Implement your model in a spreadsheet and solve it. How many extra shifts of workers should Lee Blackstone schedule at each mine in order to satisfy demand and minimize the maximum amount of excess coal produced? Round your answers to two decimal places, if necessary Wythe Gles c. What is the minimized maximum amount of excess coal produced? Round your answer to two decimal places d. Revise your model to find the solution that mi res the maximum percentage of excess cool produced. What is the optimal solution Round your answers to two decimal places necessary. What is the new minimized maximum amount of excess coal produced? Round your answer to two decimal places Save Some Post for Grading eBook Refer to the MOLP problem presented here. The solutions shown in Figures 7.9, 7.10, and 7.11 each result in more than the required amount of one or more types of coal being produced, as summarized in the following table Excess Production of Solution Shawn Int High-Grade Coal Medium-Grade Coal low-Grade Cool Figure 7.9 Otons Olons 15 tons Figure 7.10 12 tons Otons Otons Figure 7.11 72 tons 12 tons Otons a. Select the correct LP model that could be folved to find the solution that minimizes the maximum amount of excess coal produced (Hint: Use a MINIMAX objective rather than a MAX() function.) MAX Q II MINO ST 05 12W + 4G - 48 SQ ST 05 12W + 4G - 48 SQ Os 4.4G+ 28 Os 4W +46-28 SQ 05 20W + 10G-100 SO OS 10W+20G - 100 SQ W.G20 W. GO III MAX 0 S 12W + 46-48 SQ 0 54W 126 - 28 SQ Os 4w - 4G+ 48 5 O Os 12W + 46.28 SO OS 20W + 10G + 100 5 O W.GO OS 10W +20G + 100 SO W.G>O X b. Implement your model in a spreadsheet and solve it. How many extra shifts of workers should Lee Blackstone schedule at each mine in order to satisfy demand and minimize the maximum amount of excess coal produced? Round your answers to two decimal places, if necessary Wythe Gles c. What is the minimized maximum amount of excess coal produced? Round your answer to two decimal places d. Revise your model to find the solution that mi res the maximum percentage of excess cool produced. What is the optimal solution Round your answers to two decimal places necessary. What is the new minimized maximum amount of excess coal produced? Round your answer to two decimal places Save Some Post for Grading

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance For Executives Managing For Value Creation

Authors: Gabriel Hawawini, Claude Viallet

2nd Edition

0324117752, 9780324117752

More Books

Students also viewed these Finance questions

Question

1. Dont say, This is easy, I know you can do it.

Answered: 1 week ago

Question

=+3. List the touchpoints where you'd reach your audience.

Answered: 1 week ago