GATE ME
(a) Draw the network for the above project capturing the precedence relationships.
(b) Find the critical path and its duration.
(a) Find the economic order quantities and the minimum total cost
(b) A supplier is willing to give a $$1\% $$ discount on price, if both the items are ordered from him and if the order quantities for each item are $$1000$$ units or more. Is it profitable to avail the discount?
$$\eqalign{ & Maximize\,\,\,\,\,\,4{x_1} + 6{x_2} + {x_3} \cr & Subject\,\,to\,\,\,\,\,\,2{x_1} - {x_2} + 3{x_3}\, \le 5 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{x_1},{x_2},{x_3} \ge 0 \cr} $$
$$(a)$$$$\,\,\,\,\,\,\,$$ What is the solution to the above problem?
$$(b)$$$$\,\,\,\,\,\,\,$$ Add the constant $${x_2} \le 2$$ to the simplex table of part $$(a)$$ and find the solution.
$$(a)$$$$\,\,\,\,\,\,\,\,$$ Compute the cost corresponding to the present solution
$$(b)$$$$\,\,\,\,\,\,\,\,$$ It is optimal?
$$(c)$$$$\,\,\,\,\,\,\,\,$$ Does an alternate optimum exist ?
The following costs are given :
Cost of regular time production $$=$$ Rs. $$20$$ per unit
Cost of overtime production $$=$$ Rs. $$25$$ Per unit
Cost of hiring $$=$$ $$200{L^2}$$
where $$'L'$$ is the increase in daily capacity
Inventory $$=$$ Rs. $$10$$ per unit per month (based on average inventory)
Shortage (back-ordering cost) $$=$$ Rs. $$20$$ per unit per month
The beginning inventory is $$100$$ units. The company decides to produce $$800,$$ $$700$$ and $$900$$ units respectively in the three months. Compute the cost of the production plan.
The machine preferred for producing $$100$$ pieces is
$${T_1} = 330\,K,\,\,{T_2} = 440\,K;\,\,{U_1} = 170\,kJ,\,\,$$
$$\,{U_2} = 190\,kJ;\,\,{H_1} = 220{\,_{}}kJ,\,\,{H_2} = 247\,kJ,$$
and $${S_1} = 0.23\,kJ/K$$ and $${S_2} = 0.3\,kJ/K$$ where $$T, U, H$$ and $$S$$ represent temperature, internal energy, enthalpy and entropy respectively.