Operations Research/Linear Programming

timer Asked: Jan 18th, 2014

Question description

I have attached three problems that need fully worked out solutions. Otherwise, I will not be satisfied with your answer.

They should be completed making sure these five components are fulfilled:

1. Data

2. Variables

3. Individual Variable Restrictions (IVRs)

4. Constraints

5. Objective

I have provided an example (titled Farmer Joe within the 5-Step Model attachment) to give you an idea of how to set up each problem using this structure. I have also included a more complicated problem using this structure (titled Coffee Bean), color-coded for your convenience according to the 5-Step Model to give you a better idea of what to expect.

These should be relatively easy to solve if you have a background in operations research and/or linear programming. These are due by 1/21 at midnight.

5 Step Modeling.docx 

Coffee Bean Problem.png 


Newsvendor Problem.pdf 

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