Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A project manager is in charge of 3 ongoing projects, A, B, and C. Due to recent reorganization, the project manager can assign additional employees to the 3 projects.

Each employee who is assigned to a project can reduce the time to complete the project.

The table below summarizes the data for the 3 projects. For instance, at most 5 employees may be assigned to project A.

Each employee assigned to project A reduces the completion time by 3 days.

(For example, if 3 employees are assigned to project completion time is reduced by 9 days.) Total 11 employees are available.

The project manager must maximize the least reduction among all 3 projects. For instance, if we can reduce the completion time of projects A, B, and C by 6, 8, and 9 days, respectively, the least reduction among all projects is 6 days.

Please formulate an LP model that helps the project manager assign the employees. Please use GAMS to find the optimal solution and optimal value.

Projects

A

B

C

Maximum Number of Employees

5

6

3

Reduction Of Completion Time(days/employee)

3

9

3

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92761672

Have any Question?


Related Questions in Operation Management

Core competencies and competitive advantagein this

Core Competencies and Competitive Advantage In this Discussion, you will examine the capabilities your Capsim Core simulation company needs to develop to deliver its strategy. Let's begin by assuming that your management ...

Hudson valley juice companya national beverage corporation

Hudson Valley Juice Company A National Beverage Corporation Company The Hudson   Valley Juice Company is a wholly owned   subsidiary   of National Beverage Corporation, headquartered in Cincinnati, Ohio. At its plant in ...

1 why do ldquobackground checksrdquo and ldquocredit

1. Why do “background checks” and “Credit Checks” used? Is there a real value in the use of background check and credit check? Do you approve of their use? 2. Some leaders gravitate toward the tenets of servant leadershi ...

List five products that you consumed breakfast chewing gum

List five products that you consumed (breakfast, chewing gum, etc.) or used (Wi-Fi Internet service, radio program, etc.) within the past 24 hours. What strategy does the company behind each good or service employ: low-c ...

1 as a start up product how do you encourage retailers to

1. As a start up product, how do you encourage retailers to carry your product? 2. Identify the three kinds of criminal statutes that should never be used in context involving speech, even when the First Amendment does n ...

What are the 5 major criteria used by bankers in granting

What are the 5 major criteria used by bankers in granting business loans (known as 5 C’s)? Now, tell me why each “C” important? As a banker would you trade-off a “low-low score” in one of the C’s for a “high-high score” ...

How is a householdrsquos precautionary savings likely to be

How is a household’s precautionary savings likely to be affected by the following events? (Hint: precautionary savings reflects how much a household SHOULD save because of uncertainty, not how much they can save.) 1) The ...

Review the sports clock process and excel file with volume

Review the Sports Clock process and Excel file with volume, process times, setup times, etc. This is the description of your manufacturing system. Note - For this analysis assume that scrap rates are negligible. a) Deter ...

In the wake of recent gun violence employee c has become an

In the wake of recent gun violence, Employee C has become an ardent advocate for gun control. Employee C’s Employer operates in a state where both open-carry and concealed-carry licenses permit patrons of Employer’s busi ...

1 in 200 words or more recommend the best way to implement

1. In 200 words or more, Recommend the best way to implement a restructuring plan that will downsize a sales team? 2. Does structure follow strategy or strategy follow structure? 3. What type of information come from a s ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As