Or Worksheet Operational Research (Or) Individual Assignment For Ba Candidates I. General Direction
Or Worksheet Operational Research (Or) Individual Assignment For Ba Candidates I. General Direction
Or Worksheet Operational Research (Or) Individual Assignment For Ba Candidates I. General Direction
Page 1 of 3
OR WORKSHEET
Required:
i. Formulate the problem as LPP?
ii. Solve using Simplex method.
3. A transportation problem involves the following costs, supply, and demand.
To
From 1 2 3 4 Supply
1 $500 750 300 450 12
2 650 800 400 600 17
3 400 700 500 550 11
Demand 10 10 10 10
Required:
i. Find the initial solution using the northwest corner method, the minimum cell cost
method, and Vogel's Approximation Method. Compute total cost for each.
ii. Using the VAM initial solution, find the optimal solution using the modified distribution
method (MODI).
4. Consider the following transportation problem:
To Store 1 Store 2 Store 3 Store 4
Supply
From
Plant 1 19 30 50 10 7
Plant 2 70 30 40 60 9
Plant 3 40 8 70 20 18
Demand 5 8 7 14 34
Required:
i. Set Up The Transportation Tableau For This Problem And Determine The Initial Solution
Using The Minimum Cell Cost Method.
ii. Solve Using MODI
iii. Formulate This Problem As A Linear Programming Model.
5. Using the below given cost matrix of Royal College Center of Distance Education modules
production five Machinist (workers) and Machine (Rios) by using Hungarian Assignment
Method (Ham).
Page 2 of 3
OR WORKSHEET
Required: Compute the below requirements by considering appropriate procedure to the point
manner.
i. Determine the optimal assignment.
ii. Determine the total minimum cost of assignments.
6. Assume that, the Owner and Chief-executive officer of College business group desire to join
and investing a new business by considering three decision criteria’s: stock, real estate, or
bonds under uncertain economic conditions. Hence, as potential future manager the owner
assigned you to decide the best business alterative by using your decision analysis insight.
The payoff table of returns for the investor’s decision situation is shown below:
Economic Conditions
Investment
Good Stable Poor
Stocks $ 5,000 $ 7,000 $ 3,000
Real estate -2,000 10,000 -6,000
Bonds 4,000 4,000 4,000
Required: Perform the below requirements by considering appropriate procedure to the point
manner.
i. Develop the payoff table device and organize information relevant to a particular
decision
ii. Determine the best investment using the following decision criteria:
a. Maximax Criteria
b. Maximin Criteria and
c. Minimax regret Criteria
Advisor: Fitsum B
E-mail: fitsebig17@gmail.com
Page 3 of 3