Question: a. Write the mathematical model. (15 marks) To write a mathematical model, you need to do the followings: Define the decision variables and parameters (if

a. Write the mathematical model. (15 marks) To

a. Write the mathematical model. (15 marks)

To write a mathematical model, you need to do the followings:

Define the decision variables and parameters (if they are shown by math symbols). %20

Write the objective function and constraints. The objective function and constraints in the mathematical model should be numbered. %60

Explain each line of the mathematical model after the model by referring to its number. %20

Question 2: Mathematical programming and spreadsheet model (25 marks) An electrical utility needs to generate at least 5000 megawatts of electricity today using five generators. If any electricity is generated by a given generator, that generator must be started up and a fixed start-up cost is incurred. There is an additional cost for each megawatt generated by a generator. These costs, as well as the maximum capacity of each generator, ar shown in the table below. The electricity generated by Generator 3 must be at least 1000 megawatts greater that of Generator 2. The objective is to determine the minimum cost plan that meets the constraints. Fixed start-up cost Cost per megawatt/day generated Maximum capacity (MW/day) 1 $1000 $3 2500 2 $2000 $4 3000 Generator 3 $2500 $6 2000 4 $3000 $5 1500 $1500 $3 1600

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!