Question: Please help & show work. Thanks!! Quantitative Methods for Business (BSAN 50400) Spring 2022 Final Exam 5/4/2022 An electrical contractor pays his subcontractors a fixed

Please help & show work. Thanks!!

Please help & show work. Thanks!! Quantitative
Quantitative Methods for Business (BSAN 50400) Spring 2022 Final Exam 5/4/2022 An electrical contractor pays his subcontractors a fixed fee plus milesgofor work performed. On a given day the contractor is faced with three electrical jobs associated with various projects. Each subcontractor will have Enough time to work on up to two projects during the day. Each project should be completed by exactly two subcontractors. Given below are the distances between the subcontractors and the projects Projects Subcontractor |A B C Westside 2 3 4 Federated 6 1 5 Goliath 5 6 6 Universal 11 2 3 a. Draw a network to represent the possible subcontractor-project assignments. . Develop a linear model which would be used to minimize total mileage costs. 2) Acme Co. is planning an advertising campaign for their new product. Three commercials have been produced and are ready to air. The costs of airing one commercial during different timeslots of the day are listed in the following table. Acme Co. wants each of the three commercials to air on two different timeslots. In addition, the company does not want all three commercials to air during the same timeslot. Develop a linear programming model to minimize the marketing cost while meeting the requirements above Timeslots Commercials |Daytime Evening Late Night Ad-1 200 650 600 Ad-2 500 420 350 Ad-3 400 700 450 3) Find the critical path and the project completion time for the following list of activities. Calculate the probabilities of completing the following project in a. 13 days or more b. 11 days or less c. between 12 and 14 days Immediate Optimistic |Most Probable Pessimistic Activity Predecessor Duration Duration Duration B IN C A, B D A, B 3 5 C, D 2 10 4) Draw the PERT and Gantt (calendar) charts for the following list of activities and expected durations. Identify the critical path and list the slack times (if any) for the activities. Activity Immediate Predecessor Duration A 3 B I w C 4 D A, B 5 E B, C 4 F D, E 2 G E 3 H F, G 5 5) R&B Beverage Co. has a soft drink product that shows a constant annual demand rate of 5900 cases. A case of the soft drink costs R&B $7.40. Ordering costs are $21 per order and holding costs are 8% of the value of the inventory. R&B has 280 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: a. Economic order quantity b. Reorder point c. Cycle time d. Total annual cost 6) Acme Co. manufactures digital cameras. Demand for the current model is expected to occur at a constant annual rate of 5400 items. One digital camera costs $349. The holding cost is based on a 10% annual rate, and production setup costs are $1200. The manufacturing plant has an annual production capacity of 8900 units. Acme has 275 working days per year, and the lead time for a production run is 2 days. Use the production lot size model to compute the following values: a. Minimum cost production lot size b. Number of production runs per year C. Cycle time d. Length of a production run e. Maximum inventory f. Total annual cost g. Reorder point

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