Mathematics, 13.10.2020 05:01 jasminebrown72
Universal Claims Processors processes insurance claims for large national insurance companies. Most claim processing is done by a large pool of computer operators, some of whom are permanent and some of whom are temporary. A permanent operator can process 16 claims per day, whereas a temporary operator can process 12 per day, and on average the company processes at least 450 claims each day. The company has 40 computer workstations. A permanent operator generates about 0.5 claim with errors each day, whereas a temporary operator averages about 1.4 defective claims per day. The company wants to limit claims with errors to 25 per day. A permanent operator is paid $64 per day, and a temporary operator is paid $42 per day. The company wants to determine the number of permanent and temporary operators to hire in order to minimize costs.
Required:
a. Solve the linear programming model using graphical method.
b. Interpret the slack/surplus variables that you obtain based on the optimal values of decision variables in (a).
c. Are there any binding constraints in the model? Explain.
Answers: 2
Mathematics, 21.06.2019 15:00
What is the length of the segment joining the points at (4,5) and (6,-2) round to the nearest tenth if necessary
Answers: 1
Mathematics, 21.06.2019 16:00
What kind of bond pays interest which is exempt from tax?
Answers: 1
Mathematics, 21.06.2019 18:50
The number of fish in a lake can be modeled by the exponential regression equation y=14.08 x 2.08^x where x represents the year
Answers: 3
Universal Claims Processors processes insurance claims for large national insurance companies. Most...
Chemistry, 15.10.2020 04:01
Mathematics, 15.10.2020 04:01
English, 15.10.2020 04:01
Advanced Placement (AP), 15.10.2020 04:01
Chemistry, 15.10.2020 04:01
Mathematics, 15.10.2020 04:01
Mathematics, 15.10.2020 04:01
Chemistry, 15.10.2020 04:01
Mathematics, 15.10.2020 04:01
Mathematics, 15.10.2020 04:01
History, 15.10.2020 04:01
Health, 15.10.2020 04:01
Mathematics, 15.10.2020 04:01