Professional Documents
Culture Documents
Breakeven Analysis
Enter
Enter the
the fixed
fixed and
and variable
variable costs
costs and
and the
the selling
selling price
price in
in the
the data
data area.
area.
$
Variable cost 5
Revenue 10 6
4
2
Results 0
Breakeven points 0 2 4 6 8 10 12
Units 200 Costs Revenue Units
Dollars $ 2,000.00
Graph
Units Costs Revenue
0 1000 0
400 3000 4000
Pritchett Clock Repair Shop
Breakeven Analysis
Enter
Enter the
the fixed
fixed and
and variable
variable costs
costs and
and the
the selling
selling price
price in
in the
the data
data area.
area.
Data
Rebuilt Springs
Fixed cost 1000
Variable cost 5
Revenue 10.71
Volume (optional) 250
Results
Breakeven points
Units 175
Dollars $ 1,875.00
Graph
Units Costs Revenue
0 1000 0
350 2750 3750
X P(X) XP(X) (X - E(X))2P(X)
5 0.1 0.5 0.441
4 0.2 0.8 0.242
3 0.3 0.9 0.003
2 0.3 0.6 0.243
1 0.1 0.1 0.361
E(X) = ΣXP(X) = 2.9 1.290 = Variance
1.136 = Standard deviation
To see the formulas, hold down the CTRL key and press the ` (Grave accent) key
ard deviation
The Binomial Distribution
X = random variable for number of successes
n= 5 number of trials
p= 0.5 probability of a succes
r= 4 specific number of successes
Regret
Favorable MUnfavorable Market Expected Maximum
Probability 0.5 0.5
Large Plant 0 180000 90000 180000
Small plant 100000 20000 60000 100000
Do nothing 200000 0 100000 200000
Minimum 60000 100000
Bayes Theorem for Thompson Lumber Example
Coefficients
Standard Error t Stat P-value Lower 95%
Intercept 2 1.7425 1.1477 0.3150 -2.8381
Payroll (X) 1.25 0.4146 3.0151 0.0394 0.0989
Significance F
Upper 95%
Lower 95.0%
Upper 95.0%
6.8381 -2.8381 6.8381
2.4011 0.0989 2.4011
Jenny Wilson Realty
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.81968
R Square 0.67188
Adjusted R Square 0.61222
Standard Error 24313
Observations 14
ANOVA
df SS MS F Significance F
Regression 2 1.3314E+10 6.66E+09 11.26195 0.00217876517
Residual 11 6502131603 5.91E+08
Total 13 1.9816E+10
Coefficients
Standard Error t Stat P-value Lower 95% Upper 95%
Intercept 146631 25482.0829 5.7543 0.0001 90545.2073 202716.5798
SF 43.8194 10.2810 4.2622 0.0013 21.1911 66.4476
AGE -2898.7 796.5649 -3.6390 0.0039 -4651.9139 -1145.4586
Lower 95.0% Upper 95.0%
90545.2073 202716.5798
21.1911 66.4476
-4651.9139 -1145.4586
Jenny Wilson Realty
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.9476
R Square 0.8980
Adjusted R Sq 0.8526
Standard Error 14987.5545
Observations 14
ANOVA
df SS MS F Significance F
Regression 4 1.78E+10 4.45E+09 19.804436 0.000174
Residual 9 2.02E+09 2.25E+08
Total 13 1.98E+10
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.9014
R Square 0.8125
Adjusted R Square 0.7500
Standard Error 1.4142
Observations 5
ANOVA
df SS MS F Significance F
Regression 1 26 26 13 0.036618
Residual 3 6 2
Total 4 32
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Intercept 4 1.5242 2.6244 0.0787 -0.8506 8.8506 -0.8506
Sales X 1 0.2774 3.6056 0.0366 0.1173 1.8827 0.1173
Upper 95.0%
8.8506
1.8827
Triple A Construction
Alpha 0.1
Data Forecasts and Error Analysis
Period Demand Forecast Error Absolute Squared Abs Pct Err
Quarter 1 180 175 5 5 25 02.78%
Quarter 2 168 175.5 -7.5 7.5 56.25 04.46%
Quarter 3 159 174.75 -15.75 15.75 248.0625 09.91%
Quarter 4 175 173.175 1.825 1.825 3.330625 01.04%
Quarter 5 190 173.3575 16.6425 16.6425 276.9728 08.76%
Quarter 6 205 175.0218 29.97825 29.97825 898.6955 14.62%
Quarter 7 180 178.0196 1.980425 1.980425 3.922083 01.10%
Quarter 8 182 178.2176 3.782382 3.782382 14.30642 0.02078232
Total 35.95856 82.45856 1526.54 44.75%
Average 4.49482 10.30732 190.8175 05.59%
Bias MAD MSE MAPE
SE 15.95065
Next period 178.595856
st.
st. IfIf the
the starting
starting
Midwestern Manufacturing
94.73%
13.53%
MAPE
Midwestern Manufacturing
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.89491
R Square 0.800863
Adjusted R 0.761036
Standard E 12.43239
Observatio 7
ANOVA
df SS MS F Significance F
Regression 1 3108.036 3108.036 20.10837 0.006493
Residual 5 772.8214 154.5643
Total 6 3880.857
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 56.71429 10.50729 5.397615 0.002948 29.70445 83.72412 29.70445 83.72412
Time (X) 10.53571 2.349501 4.484236 0.006493 4.496131 16.5753 4.496131 16.5753
Midwestern Manufacturing
Data
Period Demand (y) Time (x) Average Ratio Seasonal Smoothed Unadjusted
Period 1 108 1 0.8491 127.1979 127.1187
Period 2 125 2 0.9626 129.8589 129.4621
Period 3 150 3 131 132.000 1.136 1.1315 132.5660 131.8056
Period 4 141 4 133 134.125 1.051 1.0571 133.3841 134.1490
Period 5 116 5 135.25 136.375 0.851 0.8491 136.6200 136.4924
Period 6 134 6 137.5 138.875 0.965 0.9626 139.2087 138.8359
Period 7 159 7 140.25 141.125 1.127 1.1315 140.5199 141.1793
Period 8 152 8 142 143.000 1.063 1.0571 143.7899 143.5227
Period 9 123 9 144 145.125 0.848 0.8491 144.8643 145.8662
Period 10 142 10 146.25 147.875 0.960 0.9626 147.5197 148.2096
Period 11 168 11 149.5 1.1315 148.4739 150.5530
Period 12 165 12 1.0571 156.0878 152.8965
Ratios
Season 1 Season 2 Season 3 Season 4
1.1364 1.0513
0.8506 0.9649 1.1267 1.0629
0.8475 0.9603
Average 0.8491 0.9626 1.1315 1.0571
Forecasts
Period Unadjusted Seasonal Adjusted
13 155.240 0.849 131.810
14 157.583 0.963 151.687
15 159.927 1.132 180.959
16 162.270 1.057 171.535
Forecasts and Error Analysis
Adjusted Error |Error| Error^2 Abs Pct Err
107.9327 0.0673 0.0673 0.0045 00.06%
124.6181 0.3819 0.3819 0.1458 00.31%
149.1396 0.8604 0.8604 0.7403 00.57%
141.8086 -0.8086 0.8086 0.6538 00.57%
115.8917 0.1083 0.1083 0.0117 00.09%
133.6411 0.3589 0.3589 0.1288 00.27%
159.7461 -0.7461 0.7461 0.5567 00.47%
151.7175 0.2825 0.2825 0.0798 00.19%
123.8507 -0.8507 0.8507 0.7236 00.69%
142.6641 -0.6641 0.6641 0.4410 00.47%
170.3526 -2.3526 2.3526 5.5346 01.40%
161.6265 3.3735 3.3735 11.3807 02.04%
Total 0.0107 10.8547 20.4014 07.14%
0.0009 0.9046 1.7001 00.59%
Bias MAD MSE MAPE
SE 1.84397092
Year Quarter SalesX1 Time Period
X2 Qtr 2 X3 Qtr 3 X4 Qtr 4
1 1 108 1 0 0 0
2 125 2 1 0 0
3 150 3 0 1 0
4 141 4 0 0 1
2 1 116 5 0 0 0
2 134 6 1 0 0
3 159 7 0 1 0
4 152 8 0 0 1
3 1 123 9 0 0 0
2 142 10 1 0 0
3 168 11 0 1 0
4 165 12 0 0 1
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.99718
R Square 0.99436
Adjusted R 0.99114
Standard E 1.83225
Observatio 12
ANOVA
df SS MS F Significance F
Regression 4 4144.75 1036.188 308.6516 6.03E-08
Residual 7 23.5 3.357143
Total 11 4168.25
Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95.0%
Upper 95.0%
Intercept 104.104 1.332194 78.14493 1.48E-11 100.954 107.2543 100.954 107.2543
X1 Time Pe 2.3125 0.16195 14.27913 1.96E-06 1.92955 2.69545 1.92955 2.69545
X2 Qtr 2 15.6875 1.504767 10.4252 1.62E-05 12.12929 19.24571 12.12929 19.24571
X3 Qtr 3 38.7083 1.530688 25.28819 3.86E-08 35.08883 42.32784 35.08883 42.32784
X4 Qtr 4 30.0625 1.572941 19.11228 2.67E-07 26.34308 33.78192 26.34308 33.78192
Sumco Pump Company
Inventory Economic Order Quantity Model
Enter the data in the shaded area
Data
Demand rate, D 1000
Setup cost, S 10
Holding cost, H 0.5 (fixed amount)
Unit Price, P 0
Inventory: Cost vs Quantity
Results
Optimal Order Quantity, Q* 200
Cost ($)
12
Maximum Inventory 200
Average Inventory 100 10 Setup cost
Number of Setups 5 8
Holding
6 cost
Holding cost $50.00
Setup cost $50.00 4 Total cost
Data
Demand rate, D 10000 Inventory: Cost vs Quantity
Setup cost, S 100
Holding cost, H 0.5 (fixed amount) 12
Cost ($)
Daily production rate, p 80
10
Daily demand rate, d 60
Unit price, P 0 8 Setup cost
Holding cost
Results 6 Total cost
Optimal production quantity, Q* 4000 4
Maximum Inventory 1000
Average Inventory 500 2
Number of Setups 2.5
0
Order Quantity (Q)
Holding cost 250
Setup cost 250
Unit costs 0
s Quantity
Setup cost
Holding cost
Total cost
Brass Department Store
Inventory Quantity Discount Model
Data
Demand rate, D 5000
Setup cost, S 49
Holding cost %, I 20%
Results
Range 1 Range 2 Range 3
Q* (Square root formula) 700 714.4345083118 718.18484646
Order Quantity 700 1000 2000
$24,725.00
6.4
Model: Demand during leadtime and its standard deviation given Model: Daily demand and its standard deviation are given
Data Data
Average demand during lead time, µ 350 Average daily demand 15
Standard deviation of σdLT 10 Standard deviation of daily demand, σ d 3
Service level (% of demand met) 95.00% Lead time days 4
Service level (% of demand met) 97.00%
Results Results
Z-value 1.64 Z-value 1.88
Safety stock 16.45 Average demand during lead time 60
Standard deviation of demand during lead time, σ 6.00
Safety stock 11.28
Reorder Point 71.28
Data
Average daily demand 25
Standard deviation of daily demand 0 Enter 0 if demand is constant
Average lead time (in days) 6
Standard deviation of lead time, σLT 3 Enter 0 if lead time is constant
Service level (% of demand met) 98.00%
Results
Z-value 2.05
Average demand during lead time 150
Standard deviation of demand during lead time, σ dLT 75.00
Safety stock 154.03
Reorder point 304.03
499709681.xls
Flair Furniture
Signs
< less than or equal to
= equals (You need to enter an apostrophe first.)
> greater than or equal to
Data Results
x1 x2 LHS Slack/Surplus
Objective 70 50 sign RHS 4100
Constraint 1 4 3 < 240 240 0
Constraint 2 2 1 < 100 100 0
Results
Variables 30 40
Objective 4100
Page 51
A B C D E
1 Win Big Gambling Club
2 Radio Radio
3 TV Newspaper 30 sec. 1 min.
4 Variables X1 X2 X3 X4
5 Solution 1.9688 5 6.2069 0
6 Audience per ad 5000 8500 2400 2800
7
8 Constraints
9 Max. TV 1
10 Max. Newspaper 1
11 Max. 30-sec. radio 1
12 Max. 1 min. radio 1
13 Cost 800 925 290 380
14 Radio dollars 290 380
15 Radio spots 1 1
F G H
1
2
3
4
5 Total Audience
6 67240.3017
7
8 LHS RHS
9 1.9688 < 12
10 5 < 5
11 6.2069 < 25
12 0 < 20
13 8000 < 8000
14 1800 < 1800
15 6.2069 > 5
A B C D E F G H I J
1 Management Science Associates
2
3 Variable X1 X2 X3 X4 X5 X6
4 Solution 0 600 140 1000 0 560 Total Cost
5 Min. Cost 7.5 6.8 5.5 6.9 7.25 6.1 15166
6
7 Constraints LHS RHS
8 Total Households 1 1 1 1 1 1 2300 > 2,300
9 30 and Younger 1 0 0 1 0 0 1000 > 1,000
10 31-50 0 1 0 0 1 0 600 > 600
11 Border States 0.85 0.85 0.85 -0.15 -0.15 -0.15 395 > 0
12 51+ Border States 0 0 0.8 0 0 -0.2 0 < 0
A B C D E F G
1 Fifth Avenue Industries
2
3 All silk All poly. Blend 1 Blend 2
4 Variables X1 X2 X3 X4
5 Values 5112 14000 16000 8500 Total Profit
6 Profit 16.24 8.22 8.77 8.66 412028.88
7
8 Constraints LHS
9 Silk available 0.125 0.066 1200 <
10 Polyester available 0.08 0.05 1920 <
11 Cotton available 0.05 0.044 1174 <
12 Maximum silk 1 5112 <
13 Maximum polyester 1 14000 <
14 Maximum blend 1 1 16000 <
15 Maximum blend 2 1 8500 <
16 Minimum silk 1 5112 >
17 Minimum polyester 1 14000 >
18 Minimum blend 1 1 16000 >
19 Minimum blend 2 1 8500 >
20
21
22
23 Calculations to determine the profit per tie.
24
Silk Polyester Blend 1 Blend 1
25 Selling Price per tie 19.24 8.7 9.52 10.64 Cost of material per yard
27 Yards of polyester
used in tie 0 0.08 0.05 0 6
24
25
26
27
28
29
30
A B C D E F G H I J K L M N O P Q
1 Greenberg Motors
2
3 Variable A1 A2 A3 A4 B1 B2 B3 B4 IA1 IA2 IA3 IA4 IB1 IB2 IB3 IB4
4 Solution 1276.9 223.1 1757.7 792.3 1000 2522.2 77.8 1700 476.9 0 757.7 450 0 1322.2 0 300
5 Min. Cost 20 20 22 22 15 15 16.5 16.5 0.36 0.36 0.36 0.36 0.26 0.26 0.26 0.26
6
7 Demand Constraints
8 Jan. GM3A 1 -1
9 Feb. GM3A 1 1 -1
10 Mar. GM3A 1 1 -1
11 Apr. GM3A 1 1 -1
12 Jan. GM3B 1 -1
13 Feb. GM3B 1 1 -1
14 Mar. GM3B 1 1 -1
15 Apr. GM3B 1 1 -1
16 Inv.GM3A Apr. 1
17 Inv.GM3B Apr. 1
18 Labor Hour Constraints
19 Hrs Min. Jan. 1.3 0.9
20 Hrs Min. Feb. 1.3 0.9
21 Hrs Min. Mar. 1.3 0.9
22 Hrs Min. Apr. 1.3 0.9
23 Hrs Max. Jan. 1.3 0.9
24 Hrs Max. Feb. 1.3 0.9
25 Hrs Max.Mar. 1.3 0.9
26 Hrs Max. Apr. 1.3 0.9
27 Storage Constraints
28 Jan. Inv. Limit 1 1
29 Feb. Inv. Limit 1 1
30 Mar. Inv. Limit 1 1
31 Apr. Inv. Limit 1 1
32
A B C D E F G H I J K L M N O P Q
33
34 Jan Feb Mar Apr
35 GM3A Units Pro 1276.9 223.1 1757.7 792.3
36 GMBA Units Pro 1000.0 2522.2 77.8 1700.0
37 GM3A Inventory 476.9 0.0 757.7 450.0
38 GM3B Inventory 0.0 1322.2 0.0 300.0
39 Labor Hours Us 2560.0 2560.0 2355.0 2560.0
R S T U V W
1
2
3
4 Total Cost
5 169294.9
6
7 LHS Sign RHS
8 800 = 800
9 700 = 700
10 1000 = 1000
11 1100 = 1100
12 1000 = 1000
13 1200 = 1200
14 1400 = 1400
15 1400 = 1400
16 450 = 450
17 300 = 300
18 Slack/Surplus
19 2560 > 2240 320
20 2560 > 2240 320
21 2355 > 2240 115
22 2560 > 2240 320
23 2560 < 2560 0
24 2560 < 2560 0
25 2355 < 2560 205
26 2560 < 2560 0
27
28 476.92 < 3300
29 1322.22 < 3300
30 757.69 < 3300
31 750 < 3300
32
A B C D E F G H I J
1 Labor Planning Example
2
3
4 Variables F P1 P2 P3 P4 P5
5 Values 10 0 7 2 5 0 Total Cost
6 Cost 100 32 32 32 32 32 1448
7
8 Constraints LHS Sign RHS
9 9 a.m. - 10 a.m. 1 1 10 > 10
10 10 a.m. - 11 a.m. 1 1 1 17 > 12
11 11 a.m. - noon 0.5 1 1 1 14 > 14
12 noon - 1 p.m. 0.5 1 1 1 1 19 > 16
13 1 p.m. - 2 p.m. 1 1 1 1 1 24 > 18
14 2 p.m. - 3 p.m. 1 1 1 1 17 > 17
15 3 p.m. - 4 p.m. 1 1 1 15 > 15
16 4 p.m. - 5 p.m. 1 1 10 > 10
17 Max. Full time 1 10 < 12
18 Total PT hours 4 4 4 4 4 56 < 56
19
20
21
22
23
24
25
26
27
K L M N O
1
2
3
4
5
6
7
8 Slack/Surplus
9 0
10 5
11 0
12 3
13 6
14 0
15 0
16 0
17 2
18 0
19
20
21
22
23
24
25
26
27
A B C D E F G H
1 ICT Portfolio Selection
2
3 Variable X1 X2 X3 X4
4 Solution 750000 950000 1500000 1800000 Total Return
5 Max. Return 0.07 0.11 0.19 0.15 712000
6
7 LHS RHS
8 Trade 1 750000 < 1,000,000
9 Bonds 1 950000 < 2,500,000
10 Gold 1 1500000 < 1,500,000
11 Construction 1 1800000 < 1,800,000
12 Min. Gold+Constr. -0.55 -0.55 0.45 0.45 550000 > 0
13 Min. Trade 0.85 -0.15 -0.15 -0.15 0 > 0
14 Total Invested 1 1 1 1 5000000 < 5000000
Goodman Shipping
Variables X1 X2 X3 X4 X5 X6
Values 0.33333 1 0 0 0 0 Total Value
Load Value $ 22500 24000 8000 9500 11500 9750 31500
Constraints LHS
NY Demand 1 1 10000
Chi. Demand 1 1 8000
LA Demand 1 1 15000
N.O. Supply 1 1 1 18000
Omaha Supply 1 1 1 15000
Sign RHS
= 10000
= 8000
= 15000
< 20000
< 15000
Shipping Cost Per Unit
From\To Albuquerque Boston Cleveland
Des Moines 5 4 3
Evansville 8 4 3
Fort Lauderdale 9 7 5
Made
Project 1 Project 2 Project 3 Total pro Supply
Adams 0 0 1 1 1
Brown 0 1 0 1 1
Cooper 1 0 0 1 1
Total assigned to 1 1 1
Total workers 1 1 1
Total cost = 25
Frosty Machines Transshipment Problem
Birmingham
Transportation
Enter
Enter the
the transportation
transportation data
data in
in the
the shaded
shaded area.
area. Then
Then gogo to
to the
the DATA
DATATab
Tab on on the
the ribbon,
ribbon, click
click on
on Solver
Solver in
in the
the Data
DataAnalysis
Analysis
Group
Group and
and then
then click
click SOLVE.
SOLVE.
IfIf SOLVER
SOLVER isis not
not on
on the
the Data
Data Tab
Tab then
then please
please see
see the
the Help
Help file
file (Solver)
(Solver) for
for instructions.
instructions.
Data
COSTS Dest 1 Dest 2 Dest 3 Dest 4 Supply
Origin 1 73 103 88 108 15000
Origin 2 85 80 100 90 6000
Origin 3 88 97 78 118 14000
Origin 4 84 79 90 99 11000
Demand 10000 12000 15000 9000 46000 \ 46000
Shipments
Shipments Dest 1 Dest 2 Dest 3 Dest 4 Row Total
Origin 1 10000 0 1000 4000 15000
Origin 2 0 1000 0 5000 6000
Origin 3 0 0 14000 0 14000
Origin 4 0 11000 0 0 11000
Column Total 10000 12000 15000 9000 46000 \ 46000
Page 73
9.4
olver
olver in
in the
the Data
DataAnalysis
Analysis
Page 74
9.5
A B C D E F G
1 Fix-It Shop Assignment
2
3 Assignment
4
5 Enter
Enter the
the assignment
assignment costs
costs in
in the
the shaded
shaded area.
area. Then
Then go
go to
to the
the DATA
DATATabTab onon the
the ribbon,
ribbon, click
click on
on
Solver
Solver in
in the
the Data
DataAnalysis
Analysis Group
Group and and then
then click
click SOLVE.
SOLVE.
6 IfIf SOLVER
SOLVER is is not
not on
on the
the Data
Data TabTab then
then please
please see
see the
the Help
Help file
file (Solver)
(Solver) for
for instructions.
instructions.
7
8 Data
9 COSTS Project 1 Project 2 Project 3
10 Adams 11 14 6
11 Brown 8 10 11
12 Cooper 9 12 7
13
14 Assignments
15 Shipments Project 1 Project 2 Project 3 Row Total
16 Adams 1 1
17 Brown 1 1
18 Cooper 1 1
19 Column Total 1 1 1 3
20
21 Total Cost 25
22
Page 75
Harrison Electric Integer Programming Analysis
Chandeliers Fans
Variables X1 X2
Values 5 0 Total Profit
Profit 7 6 35
Constraints LHS
Year 1 8000 6000 12000 20000
Year 2 7000 4000 8000 15000
sign RHS
< 20000
< 16000
Sitka Manufacturing Company
Baytown Lake Charles Mobile Baytown units
Variables X1 X2 X3 X4
Values 0 1 1 0
Cost 340000 270000 290000 32
Constraints
Minimum capacity 1
Maximum in Baytown -21000 1
Maximum in L. C. -20000
Maximum in Mobile -19000
L. Charles units Mobile units
X5 X6
19000 19000 Cost
33 30 1757000
Variables X1 X2 X3 X4 X5 X6 X7
Values 0 0 1 1 1 1 0 Return
Return ($1,000s) 50 80 90 120 110 40 75 360
Constraints LHS Sign
Texas 1 1 1 2 >
Foreigh Oil 1 1 1 <
California 1 1 1 =
$3 Million 480 540 680 1000 700 510 900 2890 <
RHS
2
1
1
3000
Great Western Appliance
Micro Self-Clean
Variables X1 X2
Values 0 1000
Terms X1 X2 X22
Calculated Values 0 1000 1000000 Profit
Profit 28 21 0.25 271000
Variables X1 X2
Values 6.0663 4.1003
Variables X1 X2
Values 3.325 14.672 Total Cost
Cost 5 7 119.333
Variables X1 X2 X3
Values 1 1 0 Total
Maximize 50 45 48 95
`
General Foundry
Results
Early Early Late Late
Activity Start Finish Start Finish Slack Variance
A 0 2 0 2 0 0.111111
B 0 3 12 15 12
C 2 4 2 4 0 0.111111
D 0 4 4 8 4
E 4 8 4 8 0 1
F 4 7 10 13 6
G 8 13 8 13 0 1.777778
H 13 15 13 15 0 0.111111
Project 15 Project 3.111111
Std.dev 1.763834
Early start computations
A 0 0
B 0 0
C 2 0
D 0 0
E 4 0
F 4 0
G 4 8
H 7 13
6 8 10 12 14 16
Time
A B C D E F G H I J K L M
3 Project Management Crashing
4 Enter
Enter the
the data
data in
in the
the shaded
shaded area.
area. Then
Then go
go to
to the
the DATA
DATATab
Tab onon the
the ribbon,
ribbon, click
click on
on Solver
Solver in
in the
the Data
DataAnalysis
Analysis Group
Group and
and then
then click
click SOLVE.
SOLVE.
5 IfIf SOLVER
SOLVER isis not
not ononthe
the Data
DataTab
Tab then
then please
please seesee the
the Help
Help file
file (Solver)
(Solver) for
for instructions.
instructions.
6 Results
7 Data Normal time 15 Minimum crash cost to meet project goal $ 5,000.00
8 Project goal 12 Minimum time 7 Project time 12
9
10 Immediate Predecessors (1 per column) Intermediate Computations
499709681.xls
Crashing General Foundry Problem
YA YB YC YD YE YF YG YH XST XA XB XC XD XE XF XG
Values 0 0 1 0 0 0 2 0 0 2 3 3 7 7 6 10
Minimize cost 1000 2000 1000 1000 1000 500 2000 3000
A crash max. 1
B crash max. 1
C crash max. 1
D crash max. 1
E crash max. 1
F crash max. 1
G crash max. 1
H crash max. 1
Due date
Start 1
A constraint 1 -1 1
B constraint 1 -1 1
C constraint 1 -1 1
D constraint 1 -1 1
E constraint 1 -1 1
F constraint 1 -1 1
G constraint 1 1 -1 1
G constraint 2 1 -1 1
H constraint 1 1 -1
H constraint 2 1 -1
Finish constraint
XH XFIN
12 12 Totals
5000
0 < 1
0 < 2
1 < 1
0 < 1
0 < 2
0 < 1
2 < 3
0 < 1
1 12 < 12
0 = 0
2 > 2
3 > 3
2 > 2
4 > 4
4 > 4
3 > 3
5 > 5
5 > 5
1 6 > 2
1 2 > 2
-1 1 0 > 0
Arnold's Muffler Shop
Probabilities
Cumulative
Number Probability Probability
0 0.333333 0.333333
1 0.222222 0.555556
2 0.148148 0.703704
3 0.098765 0.802469
4 0.065844 0.868313
5 0.043896 0.912209
6 0.029264 0.941472
7 0.019509 0.960982
8 0.013006 0.973988
9 0.008671 0.982658
10 0.005781 0.988439
11 0.003854 0.992293
12 0.002569 0.994862
13 0.001713 0.996575
14 0.001142 0.997716
15 0.000761 0.998478
16 0.000507 0.998985
17 0.000338 0.999323
18 0.000226 0.999549
19 0.000150 0.999699
20 0.000100 0.999800
Arnold's Muffler Shop
Waiting Lines M/M/s
The
The arrival
arrival RATE
RATE and
and service
service RATE
RATE both
both must
must be
be rates
rates and
and use
use the
the same
same time
time unit.
unit. Given
Given
aa time such as 10 minutes, convert it to a rate such as 6 per hour.
time such as 10 minutes, convert it to a rate such as 6 per hour.
Data Results
Arrival rate (l) 2 Average server utilization(r) 0.33333
Service rate (m) 3 Average number of customers in the queue(Lq) 0.08333
Number of servers(s) 2 Average number of customers in the system(L) 0.75
Average waiting time in the queue(Wq) 0.04167
Average time in the system(W) 0.375
Probability (% of time) system is empty (P0) 0.5
Probabilities
Number Probability Cumulative Probability
0 0.500000 0.500000
1 0.333333 0.833333
2 0.111111 0.944444
3 0.037037 0.981481
4 0.012346 0.993827
5 0.004115 0.997942
6 0.001372 0.999314
7 0.000457 0.999771
8 0.000152 0.999924
9 0.000051 0.999975
10 0.000017 0.999992
11 0.000006 0.999997
12 0.000002 0.999999
13 0.000001 1.000000
14 0.000000 1.000000
15 0.000000 1.000000
16 0.000000 1.000000
17 0.000000 1.000000
18 0.000000 1.000000
19 0.000000 1.000000
20 0.000000 1.000000
Computations
n or s (lam/mu)^nCumsum(n-term2 P0(s)
0 1
1 0.666667 1 2 0.33333
2 0.222222 1.666667 0.333333333333333 0.5
3 0.049383 1.888889 0.063492063492064 0.5122
4 0.00823 1.938272 0.009876543209877 0.51331
5 0.001097 1.946502 0.001266223488446 0.51341
6 0.000122 1.947599 0.000137174211248 0.51342
7 1.16E-05 1.947721 1.28350139179682E-05 0.51342
8 9.68E-07 1.947733 1.05569378546059E-06 0.51342
9 7.17E-08 1.947734 7.74175442671098E-08 0.51342
10 4.78E-09 1.947734 5.12020795417393E-09 0.51342
11 2.9E-10 1.947734 3.08313597240581E-10 0.51342
12 1.61E-11 1.947734 1.70369367459144E-11 0.51342
13 8.25E-13 1.947734 8.69753527569206E-13 0.51342
14 3.93E-14 1.947734 4.12575391282828E-14 0.51342
15 1.75E-15 1.947734 1.82757648408783E-15 0.51342
16 7.28E-17 1.947734 7.59282983727312E-17 0.51342
17 2.85E-18 1.947734 2.96998446015785E-18 0.51342
18 1.06E-19 1.947734 1.09750556974159E-19 0.51342
19 3.71E-21 1.947734 3.84311714656988E-21 0.51342
20 1.24E-22 1.947734 1.27871411410371E-22 0.51342
21 3.92E-24 1.947734 4.05275511573853E-24 0.51342
22 1.19E-25 1.947734 1.22628006974231E-25 0.51342
23
24
25
26
27
28
29
30
Rho(s) Lq(s) L(s) Wq(s) W(S)
Probabilities
Probability, Cumulative Arrival
Number, n P(n) Probability Number waiting rate(n)
0 0.5639522 0.56395218 0 0.25
1 0.2819761 0.84592827 0 0.2
2 0.1127904 0.9587187 1 0.15
3 0.0338371 0.99255583 2 0.1
4 0.0067674 0.99932326 3 0.05
5 0.0006767 1 4 0
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1.7732
Sum term Sum term Decum
Term 1 1 Term 2 2 term 2 P0(s)
1 1 1 1 0.7732
0.5 1.5 0.5 1.5 0.2732 0.563952
0.2 1.7 0.0732
0.06 1.76 0.0132
0.012 1.772 0.0012
0.0012 1.7732 0
Harry's Tire Shop NOTE: The random numbers appearing here may not be the same as the ones in the bo
Probability
Range Cumulative Tires Random Simulated
Probability (Lower) Probability Demand Day Number Demand
0.05 0 0.05 0 1 0.089846 1
0.1 0.05 0.15 1 2 0.036367 0
0.2 0.15 0.35 2 3 0.469042 3
0.3 0.35 0.65 3 4 0.702083 4
0.2 0.65 0.85 4 5 0.682318 4
0.15 0.85 1 5 6 0.473697 3
7 0.82097 4
8 0.345593 2
9 0.053571 1
10 0.974811 5
Average 2.7
Results (Frequency table)
Tires
Demanded Frequency Percentage Cum %
0 1 10% 10%
1 2 20% 30%
2 1 10% 40%
3 2 20% 60%
4 3 30% 90%
5 1 10% 100%
10
same as the ones in the book, but the formulas are the same.
Generating Normal Random Numbers NOTE: The random numbers appearing here may not be the same as the
Simulation trials
Trial Random Number Value
1 81.53286468925 4
2 13.95318170435 1
3 51.70595494954 3
4 51.70595494954 3
5 59.18479645561 3
6 37.71803755651 3
7 90.96520094149 5
8 99.97566218156 5
9 69.2605071728 4
10 93.17701116944 5
11 50.1812516502 3
12 84.46924056524 4
13 14.2402713526 1
14 3.194114702033 0
15 1.042843192361 0
16 35.39470060992 3
17 74.81060466767 4
18 21.03322375088 2
19 93.42848914864 5
20 64.69261322483 3
21 8.315950259972 1
22 97.95852032515 5
23 91.61118985781 5
24 50.35050908859 3
25 59.73247463284 3
26 44.52283779615 3
27 43.9182026396 3
28 64.42967889409 3
29 71.40412970324 4
30 22.43804924315 2
31 96.43000779291 5
32 92.51774927949 5
33 26.49142418514 2
34 23.21237476068 2
35 95.66192143737 5
36 9.935653339915 1
37 27.6125904604 2
38 62.0909996061 3
39 56.19436090574 3
40 44.20481494987 3
41 89.43641276268 5
42 65.64230650139 4
43 46.75607761152 3
44 76.80956037025 4
45 83.65582619643 4
46 15.74489283154 2
47 79.40485007304 4
48 92.6460690871 5
49 4.049066792656 0
50 3.658005306344 0
51 44.45386692093 3
52 32.62412685005 2
53 48.11051281655 3
54 92.07663944477 5
55 75.39782104572 4
56 0.66542574135 0
57 30.08605618275 2
58 75.70630744628 4
59 20.95817758504 2
60 20.6726617018 2
61 80.82844084945 4
62 49.3271048833 3
63 89.43746074144 5
64 4.288335492196 0
65 96.83834715841 5
66 44.08072388191 3
67 51.2018120652 3
68 5.47738434446 1
69 64.79053494131 3
70 64.79053494131 3
71 13.55966629142 1
72 60.5372342361 3
73 88.66812871345 5
74 47.50135012173 3
75 85.12031154796 5
76 28.57851664408 2
77 60.06755341941 3
78 98.69632303579 5
79 70.13866668594 4
80 54.03324586133 3
81 94.87901193353 5
82 61.29117963997 3
83 4.752355331345 0
84 94.3166871755 5
85 58.20022053926 3
86 42.65242088924 3
87 31.16214306694 2
88 23.97613255516 2
89 34.9775415518 2
90 88.16537605044 5
91 92.73366267782 5
92 60.3684087842 3
93 87.50867877092 5
94 21.22296870076 2
95 84.70378828417 4
96 56.58353709068 3
97 70.41123490265 4
98 10.25243509838 1
99 75.58217663692 4
100 96.36600132624 5
101 97.54795285821 5
102 6.100966841824 1
103 5.776479409839 1
104 69.48180213509 4
105 23.64200208545 2
106 98.77507977236 5
107 21.82913786502 2
108 42.29098444555 3
109 22.57924124013 2
110 9.009225418589 1
111 19.52275630721 2
112 99.29850358471 5
113 96.35551629622 5
114 47.42309922592 3
115 30.21823112384 2
116 90.95199782729 5
117 15.00037168954 2
118 39.0692941132 3
119 23.83123831166 2
120 6.814972523961 1
121 7.611449037315 1
122 9.648110965635 1
123 79.99679504816 4
124 71.79111174909 4
125 44.64514888889 3
126 8.851512846145 1
127 91.90343611211 5
128 48.13298778689 3
129 80.10823915214 4
130 65.39307730921 4
131 1.564886909774 0
132 35.18282292796 3
133 95.33970294768 5
134 53.44840514841 3
135 90.13124983065 5
136 75.53035969803 4
137 7.021007626466 1
138 22.77748719725 2
139 34.33887096723 2
140 67.25317498343 4
141 86.96060609064 5
142 91.59416844699 5
143 79.07105451529 4
144 2.751008959263 0
145 43.77127187842 3
146 68.77737751221 4
147 9.645325717289 1
148 88.81914493049 5
149 78.39057708254 4
150 91.68602142842 5
151 13.63075908565 1
152 42.70049096359 3
153 9.751803194181 1
154 76.7425876779 4
155 69.74070700523 4
156 45.39925345389 3
157 15.33617814503 2
158 69.06498813398 4
159 26.87603438423 2
160 47.65801727164 3
161 26.57357885352 2
162 45.71534249918 3
163 73.8578468922 4
164 94.69889275178 5
165 10.57535586587 1
166 17.65937364706 2
167 82.98373970508 4
168 55.74460131005 3
169 71.93240044148 4
170 42.47144314012 3
171 13.97510806685 1
172 4.668649960011 0
173 8.295821444416 1
174 82.300606452 4
175 80.93299792226 4
176 47.39488001364 3
177 87.59637113615 5
178 48.62559531106 3
179 57.93850228079 3
180 67.22156951594 4
181 51.89631149966 3
182 42.51364041781 3
183 70.04813277346 4
184 2.61188102775 0
185 14.09509242698 1
186 14.11801419248 1
187 21.32267797895 2
188 10.6755422539 1
189 46.88824765986 3
190 14.42101294961 1
191 22.48586993173 2
192 22.78342696055 2
193 31.94766909604 2
194 26.84132054909 2
195 95.12229766653 5
196 80.70770234048 4
197 91.99984683435 5
198 86.75112164648 5
199 98.79491410003 5
200 52.65674197249 3
simulation.
simulation. IfIf you
you like,
like, you
you
Simulation results
Simulation Occurences *
Value Occurrences Percentage Value
0 11 0.055 0
1 25 0.125 25
2 33 0.165 66
3 53 0.265 159
4 37 0.185 148
5 41 0.205 205
Totals 200 1 603
Average 3.015
Port of New Orleans Barge Unloadings NOTE: The random numbers appearing here may not be
Total to
Previously Random be Random Possibly
Day delayed number Arrivals unoaded Number unloaded Unloaded
1 0 0.756825 4 4 0.462695 3 3
2 1 0.982182 5 6 0.468989 3 3
3 3 0.675559 3 6 0.468916 3 3
4 3 0.797743 4 7 0.100439 2 2
5 5 0.906082 5 10 0.877813 4 4
6 6 0.810423 4 10 0.176819 2 2
7 8 0.145488 1 9 0.261682 3 3
8 6 0.569399 3 9 0.94483 5 5
9 4 0.994764 5 9 0.364419 3 3
10 6 0.505985 3 9 0.211734 3 3
Unloading
1
2
3
4
5
Three Hills Power Company
NOTE: The random numbers appearing here may not be the same as the ones in the book, but the formulas are the same.
Lower Cumulative Lead time
0.00 0.28 1
0.28 0.80 2
0.80 1.00 3
State Probabilities
American Food SFood Mart Atlas Foods
Time #1 #2 #3 Matrix of Transition Probabilities
0 0.4 0.3 0.3 0.8 0.1 0.1
1 0.41 0.31 0.28 0.1 0.7 0.2
2 0.415 0.314 0.271 0.2 0.2 0.6
3 0.4176 0.3155 0.2669
4 0.41901 0.31599 0.265
5 0.419807 0.316094 0.264099
6 0.4202748 0.3160663 0.2636589
Accounts Receivable Example
1 0 0 0
P= I:0 = 0 1 0 0
A:B 0.6 0 0.2 0.2
0.4 0.1 0.3 0.2
FA = 0.965517 0.034483
0.862069 0.137931
Box Filling Example
Upper cont 17
Center lin 16
Lower cont 15
Super Cola Example
Data Results
Mean Range Xbar Range
Sample 1 16.01 0.25 x-bar value 16.01
Average 16.01 0.25
R bar 0.25
Data Results
# Defects % Defects Total Sampl 2000
Sample 1 6 0.06 Total Defec 80
Sample 2 5 0.05 Percentage 0.04
Sample 3 0 0 Std dev of 0.019596
Sample 4 1 0.01 z value 3
Sample 5 4 0.04
Sample 6 2 0.02 Upper Cont 0.098788
Sample 7 5 0.05 Center Lin 0.04
Sample 8 3 0.03 Lower Cont 0
Sample 9 3 0.03
Sample 10 2 0.02 p-chart
Sample 11 6 0.06 0.12
Mean
Sample 12 1 0.01 0.1
Sample 13 8 0.08 0.08
Sample 14 7 0.07 0.06
Sample 15 5 0.05 0.04
Sample 16 4 0.04 0.02
Sample 17 11 0.11 Above UCL 0
Sample 18 3 0.03 1 3 5 7 9 11 1 3 15 17 19
Sample 19 0 0 Sample
Sample 20 4 0.04
Graph information
Sample 1 0.06 0 0.04 0.098788
Sample 2 0.05 0 0.04 0.098788
Sample 3 0 0 0.04 0.098788
Sample 4 0.01 0 0.04 0.098788
Sample 5 0.04 0 0.04 0.098788
Sample 6 0.02 0 0.04 0.098788
Sample 7 0.05 0 0.04 0.098788
Sample 8 0.03 0 0.04 0.098788
Sample 9 0.03 0 0.04 0.098788
Sample 10 0.02 0 0.04 0.098788
Sample 11 0.06 0 0.04 0.098788
Sample 12 0.01 0 0.04 0.098788
Sample 13 0.08 0 0.04 0.098788
Sample 14 0.07 0 0.04 0.098788
Sample 15 0.05 0 0.04 0.098788
Sample 16 0.04 0 0.04 0.098788
Sample 17 0.11 0 0.04 0.098788
Sample 18 0.03 0 0.04 0.098788
Sample 19 0 0 0.04 0.098788
Sample 20 0.04 0 0.04 0.098788
13 15 17 19
Red Top Cab Company
c-chart
Quality Control c chart
Mean
16
Enter 14
Enter the
the number
number of
of defects
defects for
for each
each of
of the
the 12
Number of 9 samples/items.
samples/items. 10
8
6
Data Results 4
2
# Defects Total unit 9 0
Sample 1 3 Total Defe 54 1 2 3 4 5
Sample
Sample 2 0 Defect rate, 6
Sample 3 8 Standard d 2.44949
Sample 4 9 z value 3
Sample 5 6
Sample 6 7 Upper Con13.34847
Sample 7 4 Center Lin 6
Sample 8 9 Lower Con 0
Sample 9 8
Graph information
Sample 1 3 0 6 13.34847
Sample 2 0 0 6 13.34847
Sample 3 8 0 6 13.34847
Sample 4 9 0 6 13.34847
Sample 5 6 0 6 13.34847
Sample 6 7 0 6 13.34847
Sample 7 4 0 6 13.34847
Sample 8 9 0 6 13.34847
Sample 9 8 0 6 13.34847
c-chart
3 4 5 6 7 8 9
Sample
AHP n= 3
Hardware Sys.1 Sys.2 Sys.3 Sys.1 Sys.2 Sys.3 Priority Wt. sum vector Consistency vector
Sys.1 1 3 9 Sys.1 0.6923 0.7200 0.5625 0.6583 2.0423 3.1025 Lambd
Sys.2 0.3333 1 6 Sys.2 0.2308 0.2400 0.3750 0.2819 0.8602 3.0512 CI
Sys.3 0.1111 0.1667 1 Sys.3 0.0769 0.0400 0.0625 0.0598 0.1799 3.0086 CR
Column Total 1.4444 4.1667 16
Software Sys.1 Sys.2 Sys.3 Sys.1 Sys.2 Sys.3 Priority Wt. sum vector
Sys.1 1 0.5 0.125 Sys.1 0.0909 0.0769 0.0943 0.0874 0.2623 3.0014 Lambd
Sys.2 2 1 0.2 Sys.2 0.1818 0.1538 0.1509 0.1622 0.4871 3.0028 CI
Sys.3 8 5 1 Sys.3 0.7273 0.7692 0.7547 0.7504 2.2605 3.0124 CR
Column Total 11 6.5 1.325
Vendor Sys.1 Sys.2 Sys.3 Sys.1 Sys.2 Sys.3 Priority Wt. sum vector
Sys.1 1 1 6 Sys.1 0.4615 0.4286 0.6000 0.4967 1.5330 3.0863 Lambd
Sys.2 1 1 3 Sys.2 0.4615 0.4286 0.3000 0.3967 1.2132 3.0582 CI
Sys.3 0.1667 0.3333 1 Sys.3 0.0769 0.1429 0.1000 0.1066 0.3216 3.0172 CR
Column Total 2.1667 2.3333 10
Factor Hard. Soft. Vendor Hardware Software Vendor Priority Wt. sum vector
Hardware 1 0.125 0.3333 Hardware 0.0833 0.0857 0.0769 0.0820 0.2460 3.0004 Lambd
Software 8 1 3 Software 0.6667 0.6857 0.6923 0.6816 2.0468 3.0031 CI
Vendor 3 0.3333 1 Vendor 0.2500 0.2286 0.2308 0.2364 0.7096 3.0011 CR
Column Total 12 1.4583 4.3333
3.0055430750418
0.0028
0.0048
3.0539
0.0269
0.0464
3.0015
0.0008
0.0013
Matrix Multiplication
A= 1 2 3 B= 2 1
1 2 0 1 1
3 2
AxB = 13 9
4 3
Matrix Inverse
Matrix Determinant
A= 3 4 det(A)= -10
4 2