Chapter 7: Schedule Management1 Solutions to Chapter 7 Exercises

Chapter 7: Schedule Management2 Exercise 1

Chapter 7: Schedule Management3 Exercise  20  20  20  20 $400 $800 $200 $0 Total = $1400

Chapter 7: Schedule Management4 Exercise 3 Workers needed: Hire-Fire:  30  30  30  30 $60 $60 $90 $30 Total = $240

Chapter 7: Schedule Management5 Exercise 4 Total = 140; Average = 140/4 = 35 Demand: Production: Inventory:  $10  $10 $150 $50 Total = $200

Chapter 7: Schedule Management6 Exercise 5

Chapter 7: Schedule Management7 Exercise 5 continued

Chapter 7: Schedule Management8 Exercise 5 concluded

Chapter 7: Schedule Management9 Exercise 6a: 33 Reservations

Chapter 7: Schedule Management10 Exercise 6a: 32 Reservations

Chapter 7: Schedule Management11 Exercise 6a: 31 Reservations 30 will be worse. Best solution is 33 reservations.

Chapter 7: Schedule Management12 Exercise 6b: 33 Reservations

Chapter 7: Schedule Management13 Exercise 6b: 32 Reservations

Chapter 7: Schedule Management14 Exercise 6b: 31 Reservations Best solution now is 32 reservations.

Chapter 7: Schedule Management15 Exercise Reservations Accepted Calculate the expected cost for each alternative: 56, 57, and 58.

Chapter 7: Schedule Management16 Exercise Reservations Accepted

Chapter 7: Schedule Management17 Exercise Reservations Accepted The best alternative is to accept 57 reservations for an expected cost of $21.