Question: CASE 10.1 Money In Motion investment for Grant Hill Associates, a small West Coast Jake Nguyen runs a nervous hand through his once finely investment boutique specializing in currency trading, Jake combed hair. He loosens his once perfectly knotted silk tie. bears personal responsibility for any negative impacts of And he rubs his sweaty hands across his

CASE 10.1 Money In Motion investment for Grant Hill Associates, a small West Coast Jake Nguyen runs a nervous hand through his once finely investment boutique specializing in currency trading, Jake combed hair. He loosens his once perfectly knotted silk tie. bears personal responsibility for any negative impacts of And he rubs his sweaty hands across his once immaculately the collapse. pressed trousers. Today has certainly not been a good day. impacts. Over the past few months, Jake had heard whispers Jake had not heeded the whispered warnings of a Japancirculating from Wall Street-whispers from the lips of ese collapse. Instead, he had greatly increased the stake investment bankers and stockbrokers famous for their out- Grant Hill Associates held in the Japanese market. Because spokenness. They had whispered about a coming Japanese the Japanese market had performed better than expected over economic collapse - whispered because they had believed the past year, Jake had increased investments in Japan from that publicly vocalizing their fears would hasten the collapse. 2.5 million to 15 million dollars only 1 month ago. At that And today, their very fears have come true. Jake and time, 1 dollar was worth 80 yen. his colleagues gather round a small television dedicated No longer. Jake realizes that today's devaluation of the exclusively to the Bloomberg channel. Jake stares in yen means that 1 dollar is worth 125 yen. He will be able disbelief as he listens to the horrors taking place in the to liquidate these investments without any loss in yen, but Japanese market. And the Japanese market is taking the fi- now the dollar loss when converting back into U.S. currency nancial markets in all other East Asian countries with it on would be huge. He takes a deep breath, closes his cyes, and its tailspin. He goes numb. As manager of Asian foreign mentally prepares himself for serious damage control. 434 CHAPTER 10 NETWORK OPTIMIZATION MODELS (a) Formalate a lincar programming model for this problen. c (b) Uve Eucel to wolve the pmblem. C (c) Use anuber woftware option to solve the problem. 10.8-5. The Lockhead Aircraft Co, ts ready to begin a project to develop a new fighter airplane for the U.S. Air Rorce. The company's contract with the Deparment of Defense calls for project completion within 92 weeks, with penalties imposed for late delivery. The project invotves 10 activities (labeled A,R,…,D. where their precedence relacionships are shown in the project aetwork below. (a) Formulate a lincar programming model for this problem. c (b) Use Ercel to solve the problem. c (c) Use another software option to solve the problem. 16.9-1. From the bottom part of the seloctod references gives at the end of the chupier, select one of these awand-wianing apphications of nelwork optimiration models. Real this article and then write a two-page suanary of the application and the benefias (including nunfinukcial benefits) it providot. Management would like to asoid the hefly penalties for missing. 10.9.2. From the botom part of the selected references given at the the deadline in the current contract. Therefore, the decision has end of the chupter, select three of these awand-winaing applibeen made to craah the project, asing the CPM method of time-_ caaions of network optimiration models. For each ose, read the cost trade-offs to determine how to do this in the most economv- article and then write a coe-poge summary of the application cal way. The data needed to apply this method are given nex. and the henefits fincluating acafinancial benefis) it provided. CASES CASE 10.1 Money In Motion investment for Grant Hill Associates, a small West Coast Jake Nguyen runs a nervous hand throogh his once finely investment boutique specializing in currency trading, Jake combed hair. He loosens his once perfectly knocted silk tic. bears personal responsibility for any negative impocts of And be rubs his sweaty hands across his osce immaculately the collapse. pressed trousers. And Grant Hill Associates will experience negative Today has certainly not been a good day. impacts. Over the past few months, Jake had heard whispers Jake had not heeded the whispered warnings of a Japancirculating from Wall Stree-_whispers from the lips of ese collapse. Instead, he had greatly increased the stake investment bankers and stockbrokers famous for their out- Grant Hill Associates held in the Japanese market. Because spokenness. They had whispered about a coming Japanese the Japanese market had performed better than expected over economic collapse - whispered because they had believed the past year, Jake had increased investments in Japan from that publicly vocalizing their fears woeld hasten the collapre. 2.5 million to 15 million dollars only I moath ago. At that And today, their very fear have come true. Jake and time, 1 dollar was worth 80 yen. his colleagues gather round a small television dedicated No longer. Jake realizes that loday's devaluation of the exclusively to the Blonmberg channel. Jake stares in yen means that 1 dollar is worth 125 yen. He will be able disbelief as he listens to the horrors taking place in the to liquidate these investments without any loss in yen, but Japanese market. And the Japanese market is taking the fi- now the dollar loss when converting back into U.S. currency nancial markets in all other East Asian countries with it on would be huge. He takes a deep breath, closes his cyes, and its tailspin. He goes numh. As manager of Asian foreign mentally prepares himself for serious damage control.