Chapter 10-11 Problems 1011-1020 And 1119-1123 Please Show
Chapter 10 11 Problems 1011 1013 1020 1119 1123please Show
Analyze and solve the following management science problems involving optimization, project management, and decision-making models:
Problem 10.11: A group of college students plans a camping trip, bringing eight potential items rated on utility, with weights and a maximum total weight of 35 pounds. Formulate as a 0–1 knapsack problem to maximize utility, and include a modification where item 3 (extra battery pack) is conditional for item 5 (CD player). Solve using computational tools.
Problem 10.13: An airline considers purchasing up to 17 Boeing 787 and 767 jets under budget, operational, and capacity constraints. Formulate as an integer programming problem to maximize the total passenger capacity, categorized as a mixed integer programming problem. Solve appropriately.
Problem 10.20: A political campaign plans advertising via TV, radio, billboards, and social media, each with associated costs, reach, and budget restrictions. Develop a goal programming model to optimize reach while satisfying constraints—then solve with software, identifying which goals are precisely achieved.
Problem 11.19: A project for Laurenster Corporation involves multiple activities with precedence, durations, and variances. Construct a project network, determine activity durations and variances, calculate ES, EF, LS, LF, slack, critical path, total project duration, and probabilities of completion within specified timeframes.
Problem 11.23: Managing personnel activities for Management Resources, Inc., involves activities with durations and precedence relationships. Develop a network, estimate activity times and variances, compute project paths, analyze probabilities for completion times (70, 80, 90 days), and identify critical paths.
Sample Paper For Above instruction
In this comprehensive analysis, we explore multiple management science problems encompassing the classic knapsack model, integer programming decision-making, goal programming, project scheduling with PERT, and network analysis for project management. Each problem demonstrates the application of optimization techniques vital in operational decision processes.
Problem 10.11: Knapsack Problem for Camping Trip
The first scenario involves a group of students planning to pack a knapsack for a camping trip, where the total weight must not exceed 35 pounds while maximizing total utility. The eight items differ in weights and utility ratings. The formulation as a 0–1 knapsack involves defining decision variables (whether each item is included), an objective function to maximize utility, and constraints ensuring total weight does not surpass the limit. Mathematically, if x_i = 1 if item i is selected, else 0, then:
Maximize Z = Σ (utility_i * x_i) for i=1 to 8
Subject to: Σ (weight_i * x_i) ≤ 35, and x_i ∈ {0,1} for all i.
This problem can be efficiently solved using integer programming solvers like LINDO, Gurobi, or Solver in Excel, providing the optimal selection of items. The modification involves adding logical constraints: item 5 (CD player) is selected only if item 3 (battery pack) is also selected, translating to: x_5 ≤ x_3, ensuring the dependency is maintained.
Problem 10.13: Airline Fleet Purchase Optimization
This problem involves deciding on the purchase quantities of Boeing 787 and 767 jets within budget, maintenance, passenger capacity, and fleet composition constraints. It is a mixed integer programming problem because the decision variables (number of planes) are integers, some are continuous, with constraints on total investment, maintenance costs, and minimum proportion of 787s (one-third of total). The objective is to maximize passenger capacity: maximize Z = 125,000x + 81,000y, subject to cost, budget, maintenance, and fleet constraints. Solving this yields the optimal mix of aircraft, balancing capacity and costs, categorized under mixed-integer linear programming.
Problem 10.20: Campaign Advertising Goal Programming
This problem models campaign advertising planning through goal programming, aiming to maximize audience reach while respecting costs, budget, and campaign constraints. Decision variables represent the number of ads of each type. Goals include reaching at least 1.5 million viewers, not exceeding the $16,000 budget, maintaining minimum counts of TV and radio ads, and not surpassing maximum advertisements per type. The model incorporates deviation variables to measure goal achievement, and constraints translate goals into equations. Solving with software like @Risk or LINDO identifies the optimal ad mix. Some goals will be exactly met, such as cost and reach thresholds, while deviations exist for others, revealing areas for managerial improvement.
Problem 11.19 and 11.23: Project Scheduling with PERT and Network Analysis
For the Laurenster Corporation’s product development, activities with specified durations and dependencies are modeled as a project network, utilizing PERT to estimate expected durations and variances based on three-point estimates (a, m, b). Calculations involve:
- Expected activity durations: E = (a + 4m + b)/6
- Variances: (b - a)^2/36
Critical path analysis involves computing earliest start (ES), earliest finish (EF), latest start (LS), latest finish (LF), slack times, and total project duration. Probabilities of completing within specific deadlines (e.g., 34 days) are calculated assuming normal distribution assumptions on the project duration, using Z-scores and standard deviations derived from variances. These analyses guide project risk management and resource allocation strategies.
Similarly, in the personnel planning project, activity network development, duration estimation, slack calculation, and critical path determination are repeated, with probabilistic assessment for completion in 70, 80, and 90 days, providing valuable insights into project delivery risks.
Conclusion
This collection of management science problems demonstrates the application and integration of multiple analytical tools—integer programming, goal programming, PERT scheduling, and network analysis—in real-world decision contexts. The ability to formulate, solve, and interpret these models is essential for optimizing resource allocation, scheduling, and strategic planning across industries.
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