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Static Workforce Scheduling

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... 3000 in month 1; 5000 in month 2; 2000 in month 3; and 1000 in month 4. ... monthly cash inflows listed below (in thousands of dollars) during the year 2000. ... – PowerPoint PPT presentation

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Title: Static Workforce Scheduling


1
Example 15.1
  • Static Workforce Scheduling

2
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3
Example 15.2
  • Blending Models

4
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5
Example 15.3
  • Logistics Model

6
  • The optimal solution of the model is illustrated
    graphically. A minimum cost of 1020 is incurred
    by using the shipments listed. Except for these
    six routes listed, no other routes are used.

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Example 15.4
  • Logistics Model

9
  • The RedBrand Company produces tomato products at
    three plants.
  • These products can be shipped directly to their
    two customers or they can first be shipped to the
    companys two warehouses and then to the
    customers.

10
  • The cost of shipping (in thousands of dollars)
    between each pair of points is given below. A
    dash indicates that RedBrand cannot ship across
    that arc.

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Example 15.5
  • Aggregate Planning Models

13
  • During the next 4 months the SureStep Shoe
    Company must meet (on time) the following demands
    for pairs of shoes 3000 in month 1 5000 in
    month 2 2000 in month 3 and 1000 in month 4.
  • At the beginning of month 1, 500 pairs of shoes
    are inventory, and SureStep has 100 workers. Each
    worker is paid 1500 per month and can work up to
    160 hours a month before he or she receive
    overtime. (This amounts to about 9.38 per hour.)
  • A worker can be forced to work up to 20 hours of
    overtime per month at an overtime rate of 13 per
    hour.

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Example 15.6
  • A Dynamic Financial Model

16
Background Information
  • A small toy store, Tyco, projects the monthly
    cash inflows listed below (in thousands of
    dollars) during the year 2000.

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18
Example 15.7
  • Integer Programming Models

19
  • The Tatham Company is considering four
    investments.
  • The cash required for each investment and the
    net present value (NPV) each investment adds to
    the firm are given in the table below.

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Example 15.9
  • Integer Programming Models

22
  • Western wants to determine the smallest number of
    hubs it will need to cover all of these cities,
    where a city is covered if it is within 1000
    miles of at least one hub. The table below lists
    which cities are within 1000 miles of other
    cities.

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WESTERN.XLS
  • This file provides the setup to develop the model
    seen below.

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Example 15.11
  • Portfolio Optimization

25
  • The investment company RB Flury can invest in
    three stocks.
  • From past data the means and standard deviations
    of annual returns have been estimated as shown in
    the table below.

26
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