The University of the Northern Islands (UNI) plans to institute several engineering degree programs for the...
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The University of the Northern Islands (UNI) plans to institute several engineering degree programs for the upcoming year. Based on a reliable market study on the demand of these 4-year programs, the following demand figures are determined. As per Commission of Higher Education regulation, a section should have at most 25 students. For example, 40 admitted students in BS ME will be distributed in 2 sections, perhaps with 20 students each. During the admission test, the university may opt to open limited slots per course (e.g., just two sections for a total of 50 students for the BS AgEng program), Laboratory Fabrication Lab Unit Ops Lab Ergonomics Lab Course BS ME BS IE BS AgEng BS CHE Each year, every student admitted will bring in a revenue of PhP 32,000 (2 sems x 20 units x ave of PhP 800/ unit including laboratory). Regardless of the number of students, each section opened incurs yearly variable cost of about PhP 400,000 which includes electricity and other utilities, supplies, and wage of instructors. Aside from these variable costs, opening these courses requires the setup of the additional facilities below: Courses with Requirement ME, IE, AgEng AgEng, ChE IE Max Yearly Demand 40 students 35 students 60 students 50 students Annualized Fixed Facility Cost PhP 800,000 PhP 1,200,000 PhP 100,000 Formulate an Integer Linear Program that will help the university determine its optimal course of action if the decision will be based only on yearly profit during the steady state (i.e., years from now, not during the initial implementation). Assuming no student attrition (failing and shifting out students), please take note that during the steady state, revenue will come from 4 batches (not just one batch). Answer the problem using a software. The University of the Northern Islands (UNI) plans to institute several engineering degree programs for the upcoming year. Based on a reliable market study on the demand of these 4-year programs, the following demand figures are determined. As per Commission of Higher Education regulation, a section should have at most 25 students. For example, 40 admitted students in BS ME will be distributed in 2 sections, perhaps with 20 students each. During the admission test, the university may opt to open limited slots per course (e.g., just two sections for a total of 50 students for the BS AgEng program), Laboratory Fabrication Lab Unit Ops Lab Ergonomics Lab Course BS ME BS IE BS AgEng BS CHE Each year, every student admitted will bring in a revenue of PhP 32,000 (2 sems x 20 units x ave of PhP 800/ unit including laboratory). Regardless of the number of students, each section opened incurs yearly variable cost of about PhP 400,000 which includes electricity and other utilities, supplies, and wage of instructors. Aside from these variable costs, opening these courses requires the setup of the additional facilities below: Courses with Requirement ME, IE, AgEng AgEng, ChE IE Max Yearly Demand 40 students 35 students 60 students 50 students Annualized Fixed Facility Cost PhP 800,000 PhP 1,200,000 PhP 100,000 Formulate an Integer Linear Program that will help the university determine its optimal course of action if the decision will be based only on yearly profit during the steady state (i.e., years from now, not during the initial implementation). Assuming no student attrition (failing and shifting out students), please take note that during the steady state, revenue will come from 4 batches (not just one batch). Answer the problem using a software. The University of the Northern Islands (UNI) plans to institute several engineering degree programs for the upcoming year. Based on a reliable market study on the demand of these 4-year programs, the following demand figures are determined. As per Commission of Higher Education regulation, a section should have at most 25 students. For example, 40 admitted students in BS ME will be distributed in 2 sections, perhaps with 20 students each. During the admission test, the university may opt to open limited slots per course (e.g., just two sections for a total of 50 students for the BS AgEng program), Laboratory Fabrication Lab Unit Ops Lab Ergonomics Lab Course BS ME BS IE BS AgEng BS CHE Each year, every student admitted will bring in a revenue of PhP 32,000 (2 sems x 20 units x ave of PhP 800/ unit including laboratory). Regardless of the number of students, each section opened incurs yearly variable cost of about PhP 400,000 which includes electricity and other utilities, supplies, and wage of instructors. Aside from these variable costs, opening these courses requires the setup of the additional facilities below: Courses with Requirement ME, IE, AgEng AgEng, ChE IE Max Yearly Demand 40 students 35 students 60 students 50 students Annualized Fixed Facility Cost PhP 800,000 PhP 1,200,000 PhP 100,000 Formulate an Integer Linear Program that will help the university determine its optimal course of action if the decision will be based only on yearly profit during the steady state (i.e., years from now, not during the initial implementation). Assuming no student attrition (failing and shifting out students), please take note that during the steady state, revenue will come from 4 batches (not just one batch). Answer the problem using a software. The University of the Northern Islands (UNI) plans to institute several engineering degree programs for the upcoming year. Based on a reliable market study on the demand of these 4-year programs, the following demand figures are determined. As per Commission of Higher Education regulation, a section should have at most 25 students. For example, 40 admitted students in BS ME will be distributed in 2 sections, perhaps with 20 students each. During the admission test, the university may opt to open limited slots per course (e.g., just two sections for a total of 50 students for the BS AgEng program), Laboratory Fabrication Lab Unit Ops Lab Ergonomics Lab Course BS ME BS IE BS AgEng BS CHE Each year, every student admitted will bring in a revenue of PhP 32,000 (2 sems x 20 units x ave of PhP 800/ unit including laboratory). Regardless of the number of students, each section opened incurs yearly variable cost of about PhP 400,000 which includes electricity and other utilities, supplies, and wage of instructors. Aside from these variable costs, opening these courses requires the setup of the additional facilities below: Courses with Requirement ME, IE, AgEng AgEng, ChE IE Max Yearly Demand 40 students 35 students 60 students 50 students Annualized Fixed Facility Cost PhP 800,000 PhP 1,200,000 PhP 100,000 Formulate an Integer Linear Program that will help the university determine its optimal course of action if the decision will be based only on yearly profit during the steady state (i.e., years from now, not during the initial implementation). Assuming no student attrition (failing and shifting out students), please take note that during the steady state, revenue will come from 4 batches (not just one batch). Answer the problem using a software.
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