Download or read book Strategic allocation of resources using linear programming model with parametric analysis in MATLAB and Excel Solver written by Dinesh Gupta and published by diplom.de. This book was released on 2014-05-01 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the late 1940s, linear programming models have been used for many different purposes. Airline companies apply these models to optimize their use of planes and staff. NASA has been using them for years to optimize their use of limited resources. Oil companies use them to optimize their refinery operations. Small and medium-sized businesses use linear programming to solve a huge variety of problems, often involving resource allocation. In my study, a typical product-mix problem in a manufacturing system producing two products (each product consists of two sub-assemblies) is solved for ist optimal solution through the use of the latest versions of MATLAB having the command simlp, which is very much like linprog. As analysts, we try to find a good enough solution for the decision maker to make a final decision. Our attempt is to give the mathematical description of the product-mix optimization problem and bring the problem into a form ready to call MATLAB’s simlp command. The objective of this study is to find the best product mix that maximizes profit. The graph obtained using MATLAB commands, give the shaded area enclosed by the constraints called the feasible region, which is the set of points satisfying all the constraints. To find the optimal solution we look at the lines of equal profit to find the corner of the feasible region which yield the highest profit. This corner can be found out at the farthest line of equal profit, which still touches the feasible region. The most critical part is the sensitivity analysis, using Excel Solver, and Parametric Analysis, using computer software, which allows us to study the effect on optimal solution due to discrete and continuous change in parameters of the LP model including to identify bottlenecks. We have examined other options like product outsourcing, one-time cost, cross training of one operator, manufacturing of hypothetical third product on under-utilized machines and optimal sequencing of jobs on machines.
Download or read book Strategic Allocation of Resources Using Linear Programming Model with Parametric Analysis written by Dinesh Gupta and published by GRIN Verlag. This book was released on 2014-03-31 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2013 in the subject Engineering - Industrial Engineering and Management, grade: Good, LMU Munich (Dr. B R Ambedkar National Institute of Technology, Jalandhar), course: Industrial Engg., language: English, abstract: Since the late 1940s, linear programming models have been used for many different purposes. Airline companies apply these models to optimize their use of planes and staff. NASA has been using them for many years to optimize their use of limited resources. Oil companies use them to optimize their refinery operations. Small and medium-sized businesses use linear programming to solve a huge variety of problems, often involving resource allocation. In my study, a typical product-mix problem in a manufacturing system producing two products (each product consists of two sub-assemblies) is solved for its optimal solution through the use of the latest versions of MATLAB having the command simlp, which is very much like linprog. As analysts, we try to find a good enough solution for the decision maker to make a final decision. Our attempt is to give the mathematical description of the product-mix optimization problem and bring the problem into a form ready to call MATLAB’s simlp command. The objective of this paper is to find the best product mix that maximizes profit. The graph obtained using MATLAB commands, give the shaded area enclosed by the constraints called the feasible region, which is the set of points satisfying all the constraints. To find the optimal solution we look at the lines of equal profit to find the corner of the feasible region which yield the highest profit. This corner can be found out at the farthest line of equal profit which still touches the feasible region. The most critical part is the sensitivity analysis using Excel Solver and Parametric Analysis using computer software which allows us to study the effect on optimal solution due to discrete and continuous change in parameters of the LP model including to identify bottlenecks. We have examined other options like product outsourcing, one-time cost, cross training of one operator, manufacturing of hypothetical third product on under-utilized machines and optimal sequencing of jobs on machines.
Download or read book Linear Programming and Resource Allocation Modeling written by Michael J. Panik and published by John Wiley & Sons. This book was released on 2018-11-06 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guides in the application of linear programming to firm decision making, with the goal of giving decision-makers a better understanding of methods at their disposal Useful as a main resource or as a supplement in an economics or management science course, this comprehensive book addresses the deficiencies of other texts when it comes to covering linear programming theory—especially where data envelopment analysis (DEA) is concerned—and provides the foundation for the development of DEA. Linear Programming and Resource Allocation Modeling begins by introducing primal and dual problems via an optimum product mix problem, and reviews the rudiments of vector and matrix operations. It then goes on to cover: the canonical and standard forms of a linear programming problem; the computational aspects of linear programming; variations of the standard simplex theme; duality theory; single- and multiple- process production functions; sensitivity analysis of the optimal solution; structural changes; and parametric programming. The primal and dual problems are then reformulated and re-examined in the context of Lagrangian saddle points, and a host of duality and complementary slackness theorems are offered. The book also covers primal and dual quadratic programs, the complementary pivot method, primal and dual linear fractional functional programs, and (matrix) game theory solutions via linear programming, and data envelopment analysis (DEA). This book: Appeals to those wishing to solve linear optimization problems in areas such as economics, business administration and management, agriculture and energy, strategic planning, public decision making, and health care Fills the need for a linear programming applications component in a management science or economics course Provides a complete treatment of linear programming as applied to activity selection and usage Contains many detailed example problems as well as textual and graphical explanations Linear Programming and Resource Allocation Modeling is an excellent resource for professionals looking to solve linear optimization problems, and advanced undergraduate to beginning graduate level management science or economics students.
Download or read book Government Reports Announcements written by and published by . This book was released on 1974 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 1976 inter university symposium on renewable resource assessment and programming written by Pacific Southwest Forest and Range Experiment Station (Berkeley, Calif.) and published by . This book was released on 1977 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Resource Allocation Using Linear Programming written by Tanya Merritt and published by . This book was released on 1994 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book USDA Forest Service General Technical Report PSW written by Pacific Southwest Forest and Range Experiment Station (Berkeley, Calif.) and published by . This book was released on 1976 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lindane in forestry written by Thomas W. Koerber and published by . This book was released on 1976 with total page 706 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Selected Water Resources Abstracts written by and published by . This book was released on 1983 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Multi criteria decision models for forestry and natural resources management written by Joseph Edward De Steiguer and published by . This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foresters and natural resource managers must balance conflicting objectives when developing land-management plans. Conflicts may encompass economic, environmental, social, cultural, technical, and aesthetic objectives. Selecting the best combination of management uses from numerous objectives is difficult and challenging. Multi-Criteria Decision Models (MCDM) provide a systematic means for comparing tradeoffs and selecting alternatives that best satisfy the decisionmakergass objectives. In recent years, the use of MCDM in forestry and natural resources management has generated a substantial body of literature. This annotated bibliography includes 124 important references ranging from theoretical studies to real-world applications of MCDM.
Download or read book Management written by and published by . This book was released on 1968 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Management a Continuing Literature Survey with Indexes written by and published by . This book was released on 1969 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book NASA SP 7500 written by United States. National Aeronautics and Space Administration and published by . This book was released on 1972 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Review of Log Sort Yards written by John Rusty Dramm and published by . This book was released on 2002 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a general overview of current log sort yard operations in the United States, including an extensive literature review and information collected during on-site visits to several operations throughout the nation. Log sort yards provide many services in marketing wood and fiber by concentrating, merchandising, processing, sorting, and adding value to logs. Such operations supply forest products firms with desired raw materials, which helps improve their bottom line by reducing the number of marginal logs processed. Ultimately, sorting logs leads to better use of the available timber resources. Successful log sort yards are self-sufficient and have well-established markets and a steady supply of wood. Log sort yard concepts and analyses described in this report have broad applications.
Download or read book Decision Methods for Forest Resource Management written by Joseph Buongiorno and published by Elsevier. This book was released on 2003-02-28 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision Methods for Forest Resource Management focuses on decision making for forests that are managed for both ecological and economic objectives. The essential modern decision methods used in the scientific management of forests are described using basic algebra, computer spreadsheets, and numerous examples and applications. Balanced treatment is given throughout the book to the ecological and economic impacts of alternative management decisions in both even-aged and uneven-aged forests. In-depth coverage of both ecological and economic issues Hands-on examples with Excel spreadsheets; electronic versions available on the authors' website Many related exercises with solutions Instructor's Manual available upon request
Download or read book Optimal Decisions under Uncertainty written by J.K. Sengupta and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of optimal decisions in a stochastic environment has seen many new developments in recent years. The implications of such theory for empirical and policy applications are several. This book attempts to analyze some of the impor tant applied aspects of this theory and its recent developments. The stochastic environment is considered here in specific form, e.g., (a) linear programs (LP) with parameters subject to a probabilistic mechanism, (b) decision models with risk aversion, (c) resource allocation in a team, and (d) national economic planning. The book attempts to provide new research insights into several areas, e.g., (a) mixed strategy solutions and econometric tests of hypotheses of LP models, (b) the dual problems of efficient estimation and optimal regulation, (c) input-output planning under imperfect competition, and (d) linear programs viewed as constrained statistical games. Methods of optimal decision rules developed here for quadratic and linear decision problems are applicable in three broad areas: (a) applied economic models in resource allocation, planning and team decision, (b) operations research models in management decisions involving portfolio analysis and stochastic programming, and (c) systems science models in stochastic control and adaptive behavior. Some results reported here have been published in professional journals be-. fore, and I would like to thank the following journals in particular: Inter national Journal of Systems Science, Journal of Optimization Theory and Applica tions and Journal of Mathematical Analysis and Applications.
Download or read book Infrastructure for Smart Villages written by Hemanta Doloi and published by Taylor & Francis. This book was released on 2024-07-29 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book intends to initiate a fresh articulation of need-based infrastructure provisions in rural contexts. Departing from the conventional theories and practices of infrastructure planning and development applied in urban settings, the book presents a comprehensive suite of technical and non-technical indicators that rationalise fit-for-purpose planning, development, and operations of rural infrastructure. Drawing from global practices in public and private sectors and research-based evidence, a distinctive argument is put forward for promoting location-specific infrastructure development from effectiveness, practicality, affordability, and sustainability perspectives. The argument encompasses wider social, cultural, and economic contexts that are unique to rural settings and the book highlights a clear roadmap of how the UN’s sustainable development goals (SDGs) are at the core of developing rural communities with necessary infrastructure provisions that are purpose-built, affordable, risk averse, and resilient. This book will provide an overview of some of the little-understood and sometimes counter-intuitive best practices on rural infrastructure and value-based priorities that have emerged in uplifting rural communities in developing economies over the last 30 years. Drawing from the global literature and practice-based evidence across a complete spectrum of relevant disciplines, this book will provide readers with a clear articulation of the innovative ideas around harnessing rural potential, and empowering rural communities with added support in growth and progressive development in the context of interconnected infrastructure systems and improved living standards. It is key reading for development, planning, and infrastructure courses as well as professionals and researchers involved in international development, aid, and provision in rural areas.
