Q1.(a) What is linear programming problem? (b) A toy company manufactures two types of dolls‚ a basic version doll-A and a deluxe version doll-B. Each doll of type B takes twice as long to produce as one of type A‚ and the company would have time to make maximum of 1000 per day. The supply of plastic is sufficient to produce 1000 dolls per day (both A & B combined). The deluxe version requires a fancy dress for which there are only 500 per day available. If the company makes a profit of Rs 3.00
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projects To meet a rigid end date 9 Simple Scheduling - Gantt Chart 10 Simple Scheduling - Gantt Chart 11 Simple Scheduling - Gantt Chart 12 The Scheduling Process The basis approach of scheduling techniques (e.g. PERT and CPM) is to construct a network of activity/work element relationships. This network graphically shows the sequence‚ and interdependencies between activities in a project. Two major steps in solving the
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will do this project. l will follow the Frank’s Fine Floats example. My crew have a new bridge to build and l will use PERT/CPM to help me manage the project. PERT is program evaluation and review technique and developed to handle uncertain activity times. CMP is critical path method and developed for industrial projects for which activity times generally were known. PERT/CPM help me answer questions such as: what is the total time to complete the project? what are the scheduled start and
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Obtaining informed consent is important because program planners want to ensure the safety of participants. The participants need to understand what the program is all about before they agreed to participate. If informed consent is not obtained then program planners could be easily sued. If they are negligent‚ they can be found liable. Although obtaining informed consent does not protect program planners from being sued‚ but it does make potential participants aware of or concerns. This form of
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2 5 8 5000 3 6500 G 2 3 4 6000 2 6000 H 2 3 5 4000 2 4000 I 2 3 5 4000 2 5000 J 2 4 6 4000 2 6400 K 2 2 2 5000 2 5000 EXECUTIVE SUMMARY The above question introduces the critical path method (CPM) and the
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depiction helps the team understand the relationships of tasks in a project. Two of the most common charts used in project management are the Gantt and PERT charts. The purpose of these charts is to assist with project scheduling and illustrate task dependencies. Another tool that can be used is the critical path method (CPM). 1.Research and define PERT‚ CPM‚ and Gantt relative to project planning‚ scheduling‚ and control. 2.Respond to the following: ◦What are the advantages and disadvantages of each
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purpose did the Gantt chart serve for the project team? The Gantt charts used as a scheduling technique work. this chart uses layers of timelines indicating activities duration and dates. in their progress reports 6. Per the video‚ why are PERT and CPM important? How are they
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Erik Benjamin Student ID 5255640 MGT 215 Operations‚ Logistics and Supply Chain Management Assignment 4 (1) Why are mathematical models not more widely used in aggregate planning? In the text‚ aggregate planning also known as aggregate scheduling is defined as an approach to determine the quantity and timing of production for the intermediate future‚ often from 3 to 18 months ahead (Heizer and Render‚ 2005). Operations managers use aggregate planning as a forecasting method
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May 2012 Master of Business Administration - Semester 2 MB 0048: “Operations Research” (4 credits) (Book ID: B1301) ASSIGNMENT- Set 1 Marks 60 Note: Each Question carries 10 marks. Answer all the questions. Marks 60 1. (a) What is linear programming problem? Ans: Linear programming (LP‚ or linear optimization) is a mathematical method for determining a way to achieve the best outcome (such as maximum profit or lowest cost) in a given mathematical model for some list of requirements
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Q.1. What is a linear programming problem ? Discuss the steps and role of linear programming is solving management problems. Discuss and describe the role of liner programming in managerial decision-making bringing out limitations‚ if any. Ans : Linear Programming is a mathematical technique useful for allocation of scarce or limited resources to several competing activities on the basis of given criterion of optimality. The usefulness of linear programming as a tool for optimal decision-making
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