Preview

Pgcbm/531 Week 4 Linear Programming Approach

Good Essays
Open Document
Open Document
1401 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pgcbm/531 Week 4 Linear Programming Approach
Operational Research (OR)

DR. SUPRIYA KUMAR DE

ASSIGNMENT

XLRI-PGCBM-18

NAME: GH. RASOOL WANI

SMS ID: 2217429

Table of Contents

1. Problem: 1

2. Solution: 2

2.1 Manual Approach 2 2.2 Linear programming approach 2 2.2.1 Decision Variables: 3 2.2.2 Objective Function: 3 2.2.3 Constraints: 3 2.3 Excel Solution. 6 2.3.1 Excel Solution Embedded: 6

3. Analysis: 6

3.1 Sensitivity Analysis: Objective Function 6 3.2 Sensitivity Analysis: Right Hand Side of the constraints 7

Problem:

Mr. Ramesh Chandra is a Software Development Project Manager in one of the renowned Indian Software Services Company, namely “ABC Technologies”. The company’s business division has recently won a project from a major
…show more content…
MIN (Z) = $0Ca+ $500Cb +$222Cc +$500Cd +$545Ce +$500Cf +$500Cg +$500Ch +667Ci+250Cj+ $286Ck + $400Cl +$667Cm

3 Constraints:

This objective function is subject to some constraints. These constraints can be classified in to three categories.

1) Precedence Constraints:

These set of constraints describe the structure of the network. As we know, the activities of a project are interrelated, the starting of some activities is dependent upon the completion of some other activities; we must have to establish work sequence of the activities through constraints. For this problem the precedence constraints are defined as below:

The precedence for each activity is given in below Table-3 in column “Predecessors”

[pic]

Table-3: Precedence Relationship of the Activities

[pic]

Fig-1: Project Network Diagram

|A->B |
|B->C |
|C->D |
|C->K |
|C->J |
|D->E

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Before approaching the project objectives, one must first understand a little background on the project. What is this company? Software Solutions started in Idaho as a small company, family owned. Through the 1980s, the company was able to provide reliable software solutions to its customers, creating one of the first user-friendly inventory tracking software solutions to the farmers. Each year, the need for this great inventory tracking software increased. Subsequently, new versions released each year. The company expanded its database software customizable to each of the users. The company was growing so fast that no longer could the small family support this software alone. After much thought the family decided it was time to rent an office space, hire outside help, and build a small help desk for software support. A successful project will ensure constant support for the product, reinforce customer confidence, and in return increase revenue.…

    • 3456 Words
    • 14 Pages
    Satisfactory Essays
  • Powerful Essays

    Nt1330 Unit 6 Paper

    • 579 Words
    • 3 Pages

    “Build a project network diagram and establish task dependencies using FS, FF, SS, and SF where needed” (Wysocki, 2009).…

    • 579 Words
    • 3 Pages
    Powerful Essays
  • Satisfactory Essays

    The following data were obtained from a project to design a new software package: Activity Duration Predecessors A 5 Days --- B 8 Days --- C 6 Days A D 4 Days C, B E 5 Days A F 4 Days D, E, G G 4 Days B, C H 3 Day G Step 1: Construct a network diagram for the project. Step 2: Answer the following questions: (15 points total) a) Calculate the…

    • 556 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Linear Programming

    • 737 Words
    • 3 Pages

    The EI Paso plant was expanded when the company began marketing its meters in Arizona, California, Nevada, and Utah. With the growth of the West Coast business, the Darby…

    • 737 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Z = 350000YT + 200000YL + 480000YP + 5XSS + 7XSD + 8XSK + 10XHS + 8XHD + 6XHK…

    • 332 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The objective function and all constraints are specified correctly in the model and clearly described…

    • 578 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    finding the best decision to optimize a linear objective subject to multiple linear constarints is referred to as…

    • 1510 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    A Modest Proposal

    • 1424 Words
    • 6 Pages

    ASSESSING FACTORS CONTRIBUTING TO LOW SWEET POTATO YIELD AMONG SMALLHOLDER FARMERS: IN MPINGU EXTENSION PLANNING AREA IN LILONGWE DISTRICT…

    • 1424 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    linear programming

    • 354 Words
    • 2 Pages

    Spreadsheet Modeling and Excel Solver A mathematical model implemented in a spreadsheet is called a spreadsheet model. Major spreadsheet packages come with a built-in optimization tool called Solver. Now we demonstrate how to use Excel spreadsheet modeling and Solver to find the optimal solution of optimization problems. If the model has two variables, the graphical method can be used to solve the model. Very few real world problems involve only two variables. For problems with more than two variables, we need to use complex techniques and tedious calculations to find the optimal solution. The spreadsheet and solver approach makes solving optimization problems a fairly simple task and it is more useful for students who do not have strong mathematics background. The first step is to organize the spreadsheet to represent the model. We use separate cells to represent decision variables, create a formula in a cell to represent the objective function and create a formula in a cell for each constraint left hand side. Once the model is implemented in a spreadsheet, next step is to use the Solver to find the solution. In the Solver, we need to identify the locations (cells) of objective function, decision variables, nature of the objective function (maximize/minimize) and constraints. Example One (Linear model): Investment Problem Our first example illustrates how to allocate money to different bonds to maximize the total return (Ragsdale 2011, p. 121). A trust office at the Blacksburg National Bank needs to determine how to invest $100,000 in following collection of bonds to maximize the annual return. Bond Annual Return Maturity Risk Tax-Free A B C D E 9.5% 8.0% 9.0% 9.0% 9.0% Long Short Long Long Short High Low Low High High Yes Yes No Yes No The officer wants to invest at least 50% of the money in short term issues and no more than 50% in high-risk issues. At least 30% of the funds should go in tax-free investments, and at least 40% of the total return should be…

    • 354 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Linear Programming

    • 662 Words
    • 3 Pages

    1. The incremental salary and training cost associated with hiring a new employee and training him/her to be laptop specialist.…

    • 662 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Linear Programming

    • 5826 Words
    • 43 Pages

    Not quite sure if this ebook is right for you? See the below description to determine if…

    • 5826 Words
    • 43 Pages
    Good Essays
  • Better Essays

    Simplex Method

    • 977 Words
    • 4 Pages

    The simplex method is used regularly on applied problem involving thousands of variables and problem constrains (Barnett, Ziegler, & Byleen, 2011). This was the method chosen when Wintel Technologies needed to figure out the best way to utilize time and schedule for their field engineers. With a busy schedule and being needed on several different areas in the United States, the simplex method was brought in to decide where and when employees should be spending their time and the company’s money. The organization will do an analysis of the impact of the different compensation methods and benefit programs on employees and the organizations will discuss and gain an understanding of how these programs impact the organization. A comprehensive look at the compensation methods and benefit program is necessary to reveal any holes in the system. The company will then explore the many options available to it when deciding on a compensation package suite to both the employee and the organization.…

    • 977 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Sensitivity Analysis

    • 4855 Words
    • 20 Pages

    When you use a mathematical model to describe reality you must make approximations. The world is more complicated than the kinds of optimization…

    • 4855 Words
    • 20 Pages
    Good Essays
  • Good Essays

    In this new chapter I further enhanced my arsenal of programming languages when I got trained in PeopleSoft an ERP product of Oracle and started working as Peoplesoft Technical Consultant. After 3 months of rigorous peoplesoft technical training in January 2011 I was deployed to an on-going implementation project of Peoplesoft Campus Solutions in one of the most prestigious schools of India i.e. Indian Institute of Technology Delhi(IITD).During my 1st tenure starting from Jan 2011-Nov2011 at IITD I learnt the basic technical concepts of Peoplesoft (Peoplecode,Application Engine,Component Interface etc. ) coupled with a glimpse of various functional phases of SDLC.During this tenure I simultaneously explored another product of Peoplesoft i.e. EnterPrise Portal 9.0 completely on my own.I further took my professional learning curve to next stage when I went to another client of WIPRO and one of the most prestigious college of India Birta Institute of Technology (BITS Pilani) to implement features of Enterprise Portal like Single Sign On,Pagelets etc. that I explored in IITD. After 4 months of implementation I came back for my 2nd tenure at IITD to explore not only the technical tools like Approval Workflow Engine (AWE) and XML Publisher reports but also got a chance to work functionally and interact with esteemed clients of IITD especially honourable Director of IITD. Being a part of high demanding implementation project for 2 long years and with the inherent passion to explore new dimensions I decided to move…

    • 807 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Word

    • 3982 Words
    • 16 Pages

    First and foremost, I am grateful and indebted to the Almighty God who has given me this golden opportunity and guided me throughout this case study.…

    • 3982 Words
    • 16 Pages
    Powerful Essays

Related Topics