Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Operation Research Problem: The Ohio water company is getting ready for the hotter months, which make it harder to obtain water. They have two water

Operation Research Problem: The Ohio water company is getting ready for the hotter months, which make it harder to obtain water. They have two water sources: some of it comes from their own aquifer, and the rest is purchased from out of state. The company needs a constant 10000 L of water per month, but their aquifer produces less each month. They have storage tanks that can hold up to 120,000 L, and currently, they hold 40,000 L. The table below provides information about the cost of buying water from out of state and the amount of water that can be safely extracted from the aquifer.

Month 1 2 3 4 5
Price of Water per L ($) 2 2.25 2.75 2.2 2.35
Aquifer Production( 1000 L) 60 50 40 30 20

Xt would be the amount of water which purchased in month t and St would be the water stored in month t for use in month t+1. The purpose is to minimize the cost of buying enough water to meet demand for each month. This question is supposed to be formulated as a LP.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To formulate this problem as a linear programming LP problem we can define the decision variables co... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

More Books

Students also viewed these General Management questions

Question

=+2 standard deviations away from the mean?

Answered: 1 week ago