1. Trang chủ
  2. » Luận Văn - Báo Cáo

Báo cáo cuối kỳ môn Phương pháp định lượng REPORT FINAL QUANTITATIVE METHODS

12 10 0

Đang tải... (xem toàn văn)

Tài liệu hạn chế xem trước, để xem đầy đủ mời bạn chọn Tải xuống

THÔNG TIN TÀI LIỆU

Thông tin cơ bản

Tiêu đề Báo cáo cuối kỳ môn Phương pháp định lượng
Tác giả Group Members
Người hướng dẫn PHAM QUOC TRUNG
Trường học Ho Chi Minh City University of Technology
Chuyên ngành Quantitative Methods
Thể loại Báo cáo cuối kỳ
Năm xuất bản 2019
Thành phố Ho Chi Minh City
Định dạng
Số trang 12
Dung lượng 360,65 KB

Các công cụ chuyển đổi và chỉnh sửa cho tài liệu này

Nội dung

Baó cáo nghiên cứu và áp dụng kiến thức của QUY HOẠCH TUYẾN TÍNH dựa trên lý thuyết được học của môn Phương pháp định lượng và phần mềm QM for Windows. selecting an effective media mix. Sometimes the technique is used for allocating a fixed or limited budget across various media including radio or television commercials, newspaper ads, direct mailings, magazine ads, and so on. In other applications, the objective of the technique is the maximization of reach of audience. Therefore, we decided to create a case study about media selection to acknowledge about LP in marketing application. Obito Mandara is a manager of a hoodie store in Suwon city. Recently, he and marketing team have been planning a campaign to attract customers as well as gain competitive advantages. There are four selected ways to advertise: television ads, facebook ads, google ads, poster ads. The cost of ads, the reach of audience following each type of ad and the maximum number of each ads are shown in the below table: Type of ad Cost per ad Audience reachedad Maximum number TV 1000 35,000 10 Facebook 650 25,000 10 Google 720 30,000 10 Poster 120 9,000 10 Furthermore, they decided that TV or Facebook or come combination of those two should be at least 8ads. The amount spent on Google and Poster must not exceed that on TV ads. Addition, meanwhile looking for funding, 17,000 has been monthly budget for ads. How many ads of each type to maximize the total number of people reached?

Trang 1

HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY SCHOOL OF INDUSTRIAL MANAGEMENT

_

GROUP ASSIGNMENT COURSE: QUANTITATIVE METHODS

CLASS: CC17QKD INSTRUCTOR: PHAM QUOC TRUNG

Group members :

Ho Chi Minh city - 2019

Trang 2

OBJECTIVES OF THE STUDY

The objective of the study is to focus on analyzing and applying the knowledge of linear programming based on the theoretical principles and the practical soft-wares In this study, we decide to choose the case about Obito Mandara (a manager)- to help him select

an effective media channel; and Chase Manhattan Bank- to arrange labor forces to

minimize the labor cost

Trang 3

CASE STUDY 1

Linear programming models have been used in the advertising field as a decision aid in selecting an effective media mix Sometimes the technique is used for allocating a fixed

or limited budget across various media including radio or television commercials,

newspaper ads, direct mailings, magazine ads, and so on In other applications, the

objective of the technique is the maximization of reach of audience Therefore, we

decided to create a case study about media selection to acknowledge about LP in

marketing application

Obito Mandara is a manager of a hoodie store in Suwon city Recently, he and marketing team have been planning a campaign to attract customers as well as gain competitive advantages There are four selected ways to advertise: television ads, facebook ads, google ads, poster ads The cost of ads, the reach of audience following each type of ad and the maximum number of each ads are shown in the below table:

Type of ad Cost per ad Audience

reached/ad

Maximum number

Furthermore, they decided that TV or Facebook or come combination of those two should

be at least 8ads The amount spent on Google and Poster must not exceed that on TV ads Addition, meanwhile looking for funding, $17,000 has been monthly budget for ads How many ads of each type to maximize the total number of people reached?

Solution:

The very first step is to formulate the problem and define the variables Let:

x1: TV ads

x2: Facebook ads

x3: Google ads

x4: Poster ads

Objective function:

Max: Z= 35,000x1 + 25,000x2 + 30,000x3 + 9,000x4

Trang 4

1000x1 + 650x2 + 720x3 + 120x4 <= 17,000 (monthly advertising budget)

x1 <=10 (maximum TV ad per month)

x2 <=10 (maximum Facebook ads per month)

x3 <=10 (maximum Google ads per month)

x4 <=10 (maximum poster ads per month)

720x3 + 120x4 <= 1000x1 (maximum Google and Poster ads)

X1 + x2 >= 8 (minimum TV & Facebook ads)

The solution can be found using Excel’s Solver (QM) The formula must be written in the cell for the objective function value, and the cells where this formula should be copied The results are shown in the spreadsheet

Trang 5

The number of ads of each type to maximize the total number of people reached is

shown:

x1= 5.25 TV ads

x2=10 Facebook ads

x3= 5.63 Google ads

x4=10 Poster ads

This produces the total number of people reached is 692500 people Because x1 and x3 is fractional, the hoodie shop would properly round them to 5ads and 6ads in turn

Trang 6

CASE STUDY 2 (CASE STUDY 8.1)

Chase Manhattan Bank

At Chase Manhattan Bank in New York, the number of domestic money transfer requests received from customers, if plotted against time of day, would appear to have the shape

of an inverted U curve with the peak around 1 P.M For efficient use of resources, the personnel available should, therefore, vary correspondingly

Figure below shows a typical workload curve and corresponding personnel requirements

at different hours of the day:

A variable capacity can be achieved effectively by employing part-time personnel

Because part-timers are not entitled to all the fringe benefits, they are often more

economical than fulltime employees

Other considerations, however, may limit the extent to which part-time people can be hired in a given department The problem is to find an optimum workforce schedule that would meet personnel requirements at any given time and also be economical

Some of the factors affecting personnel assignment are listed here:

1 By corporate policy, part-time personnel hours are limited to a maximum of 40% of the day’s total requirement

2 Full-time employees work for 8 hours (1 hour for lunch included) per day Thus, a full-timer’s productive time is 35 hours per week

Trang 7

3 Part-timers work for at least 4 hours per day but less than 8 hours and are not allowed a lunch break

4 Fifty percent of the full-timers go to lunch between 11 A.M and noon, and the

remaining 50% go between noon and 1 P.M

5 The shift starts at 9 A.M and ends at 7 P.M (i.e., overtime is limited to 2 hours) Any work left over at 7 P.M is considered holdover for the next day

6 A full-time employee is not allowed to work more than 5 hours overtime per week He

or she is paid at the normal rate for overtime hours—not at one-and-a-half times the normal rate applicable to hours in excess of 40 per week Fringe benefits are not applied

to overtime hours

Solution:

The very first step is to formulate the problem and define the variables Now need to determine the number of employees who start their work at different timings Let:

F= the number of full time employees without overtime

F1=the number of full time employees with 1 hour overtime from 5pm to 6pm F2= the number of full time employees with 2 hours overtime from 5pm to 7pm P1, P2, P3, P4=Part time employees who work 4, 5, 6, 7 hours from 9am to 1pm, 2pm, 3pm, 4pm in turn

Trang 8

P5, P6, P7, P8= Part time employees who work 4, 5, 6, 7 hours from 10am to 2pm, 3pm, 4pm, 5pm in turn

P9, P10, P11, P12= Part time employees who work 4, 5, 6, 7 hours from 11am to 3pm, 4pm, 5pm, 6pm in turn

P13, P14, P15, P16= Part time employees who work 4, 5, 6, 7 hours from 12am to 4pm, 5pm, 6pm, 7pm in turn

P17, P18, P19= Part time employees who work 4, 5, 6 hours from 1pm to 5pm, 6pm, 7pm in turn

P20, P21= Part time employees who work 4, 5 hours from 2pm to 6pm, 7pm in turn

P22= Part time employees who work 4 hours from 3pm to 7pm

Average cost per full time personnel = $10.11

Average cost per overtime personnel hour for full time= $8.08

Average cost per part time personnel = $7.82

Objective function:

Minimize = ($10.11)(7)F + $8.08F1+ ($8.08)(2)F2

+($7.82)(4)(P1+P5+P9+P13+P17+P20+P22)

+($7.82)(5)(P2+P6+P10+P14+P18+P21)

+($7.82)(6)(P3+P7+P11+P15+P19)

+($7.82)(7)(P4+P8+P12+P16)

Constraints:

Workforce requirements

9-10am: F + P1+P2+P3+P4 >= 14 (1)

10-11am: F+P1+P2+P3+P4+P5+P6+P7+P8 >=25 (2)

11-12am: 0.5F + P1+P2+P3+P4+P5+P6+P7+P8+P9+P10+P11+P12 >=26 (3)

12-1pm:0.5F+P1+P2+P3+P4+P5+P6+P7+P8+P9+P10+P11+P12+P13+P14+P15+P16

>=38 (4)

Trang 9

1-2pm:

F+P2+P3+P4+P5+P6+P7+P8+P9+P10+P11+P12+P13+P14+P15+P16+P17+P18+P19>=55 (5)

2-3pm:

F+P3+P4+P6+P7+P8+P9+P10+P11+P12+P13+P14+P15+P16+P17+P18+P19+P20+P21>=

60 (6)

3-4pm:

F+P4+P7+P8+P10+P11+P12+P13+P14+P15+P16+P17+P18+P19+P20+P21+P22>=51 (7)

4-5pm: F+P8+P11+P12+P13+P14+P15+P16+P17+P18+P19+P20+P21+P22>=29 (8)

5-6pm: (F1+F2) +P12+P15+P16+P17+P20+P21+P22>=14 (9)

6-7pm: (F2) +P16+P19+P21+P22>=9 (10)

For the factor 1: 1 By corporate policy, part-time personnel hours are limited to a

maximum of 40% of the day’s total requirement

Constraint 11: 4(P1+P5+P9+P13+P17+P20+P22) +5(P2+P6+P10+P14+P18+P21)+

6(P3+P7+P11+P15+P19)+ 7(P4+P8+P12+P16) <= 40%

(14+25+26+38+55+60+51+29+14+9)

4(P1+P5+P9+P13+P17+P20+P22) +5(P2+P6+P10+P14+P18+P21)+

6(P3+P7+P11+P15+P19)+ 7(P4+P8+P12+P16) <=128.4

Now, starting with the QM for Windows to calculate the problem, after filling the numbers

we have the tables below:

Trang 10

Then, we have the solution:

Trang 11

1 What is the minimum-cost schedule for the bank?

Hence, based on the solution from QM for Windows, the bank will need:

 29 full-timers without overtime (F)

 9 full time employees with 2 hours overtime from 5pm to 7pm (F2)

 9 Part time employees who work 4 hours from 11am to 3pm (P9)

 3 Part time employees who work 5 hours from 11am to 4pm (P10)

 12 Part time employees who work 4 hours from 12am to 4pm (P13)

 3 Part time employees who work 4 hours from 1pm to 5pm (P17)

 5 Part time employees who work 4 hours from 2pm to 6pm (P20)

 The minimum cost for such arrangement is $ 3222

Note: From the factor 6, we have:

F1+3*F2 <= F

the number of full-time employees doing overtime should be less than or equal to number of full time employees F2 is multiplied by 3 because each employee can do only 5 hours OT

in a week so each employee can do only 2 days of 2 hours overtime and so we require 3 sets

of people with 2 hours overtime per week:

Set 1: Full time employees do 2 hour of overtime for 2 days (first day)

Set 2: Full time employees do 2 hour of overtime for 2 days (second day)

Set 3: Full time employees do overtime for 2 hours once a week

 Total 18 full time employees do 2 hours of overtime for 2 days and 9 employees

do overtime for 2 hours once a week

2 What are the limitations of the model used to answer question 1?

Limitations:

 The model does not allow different loading for different days in a week

Trang 12

 The model does not allow flexi timings for full time employees If say full time employees are allowed to work from 11am -7pm then the overtime cost could be reduced

3 Costs might be reduced by relaxing the constraint that no more than 40% of the day’s requirement be met by part-timers Would changing the 40% to a higher value significantly reduce costs?

Yes, changing the 40% to a higher value would altogether lesson costs

Changing to 60%, we have constraint 11:

=>4(P1+P5+P9+P13+P17+P20+P22) +5(P2+P6+P10+P14+P18+P21)+

6(P3+P7+P11+P15+P19)+ 7(P4+P8+P12+P16) <= 60%*321

=> cost =$ 2802

Changing to 80%, we have constraint 11:

=>4(P1+P5+P9+P13+P17+P20+P22) +5(P2+P6+P10+P14+P18+P21)+

6(P3+P7+P11+P15+P19)+ 7(P4+P8+P12+P16) <= 80%*321

=> cost = $ 2621

Taken a toll diminishes as the rate increments

Ngày đăng: 20/10/2022, 13:40

TÀI LIỆU CÙNG NGƯỜI DÙNG

TÀI LIỆU LIÊN QUAN

w