1. Chapter 7: Schedule Management1 Solutions to Chapter 7 Exercises

2. Chapter 7: Schedule Management2 Exercise 1

3. Chapter 7: Schedule Management3 Exercise 2 40 60 30 20 - 20 - 20 - 20 - 20 20 40 10 0  20  20  20  20 $400 $800 $200 $0 Total = $1400

4. Chapter 7: Schedule Management4 Exercise 3 Workers needed: 4 6 3 2 Hire-Fire: 2 2 3 1  30  30  30  30 $60 $60 $90 $30 Total = $240

5. Chapter 7: Schedule Management5 Exercise 4 Total = 140; Average = 140/4 = 35 Demand: 20 50 30 40 Production: 35 35 35 35 Inventory: 15 0 5 0  $10  $10 $150 $50 Total = $200

6. Chapter 7: Schedule Management6 Exercise 5

7. Chapter 7: Schedule Management7 Exercise 5 continued

8. Chapter 7: Schedule Management8 Exercise 5 concluded

9. Chapter 7: Schedule Management9 Exercise 6a: 33 Reservations

10. Chapter 7: Schedule Management10 Exercise 6a: 32 Reservations

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

12. Chapter 7: Schedule Management12 Exercise 6b: 33 Reservations

13. Chapter 7: Schedule Management13 Exercise 6b: 32 Reservations

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

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

16. Chapter 7: Schedule Management16 Exercise 7 - 57 Reservations Accepted

17. Chapter 7: Schedule Management17 Exercise 7 - 58 Reservations Accepted The best alternative is to accept 57 reservations for an expected cost of $21.