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Question: Mamlouk Design is an Egyptian manufacturer of


Mamlouk Design is an Egyptian manufacturer of handmade silk rugs. The company manufactures rugs in two different sizes: 1.5 * 2.5 meters and 2 * 3 meters. The manufacturing process depends mainly on the labor required, where each 1.5 * 2.5 meter rug requires 6 labor hours and each 2 * 3 meter rug requires 8 labor hours. There are currently 8 workers who work 10 hrs/day. Mamlouk Design has a contract with a retail store to supply at least 10 units of the 1.5 * 2.5 meter rug and 8 units of the 2 * 3 meter rug per week. The per unit profit for the 1.5 * 2.5 meter rug is E£500 and the per unit profit for the 2 * 3 meter rug is E£700.
Formulate this as an LP problem and solve it graphically to help the company maximize its weekly profit. (Assume 6 working days per week.)


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> How many times do you need to run a Monte Carlo simulation to achieve an appropriate model? Why does it differ from model to model?

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> Discuss the likely outcome of a waiting line system where but only by a tiny amount (e.g.,

> Describe the behavior of a waiting line where / Use both analysis and intuition.

> Briefly describe three situations in which the first-in, first-out (FIFO) discipline rule is not applicable in queuing analysis.

> Which is larger, Ws or Wq? Explain.

> Describe what is meant by the waiting-line terms balk and renege. Provide an example of each.

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> Huehn-Brown Products in St. Petersburg offers the following discount schedule for its 4-by-8-foot sheets of quality plywood. Home Sweet Home Company orders plywood from Huehn- Brown. Home Sweet Home has an ordering cost of $45. Carrying cost is 20%, and

> Why is it a good reason using a cumulative distribution as an input into a Monte Carlo simulation model?

> Explain the difference between simulated average demand and expected average demand.

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