Matakuliah Tahun : K0442-Metode Kuantitatif : 2009 Introduction Pertemuan 1 Material Outline • • • • Problem Solving and Decision Making Quantitative Analysis and Decision making Quantitative Analysis Model of Cost Revenue, and Profit Problem Solving and Decision Making The Problem Solving Process: 1. 2. 3. 4. 5. 6. 7. Identify and define the problem Determine the set of alternative solutions Determine the criterion Evaluate the alternatives Choose an alternative Implement the selected alternative Evaluate the results to determine weather a satisfactory solution has been obtained Problems • Single criterion decisions problems • Multi criterion problems Problem Solving and Decision Making Example: Data for the Job Evaluation Decision-Making Problem Alternative Starting Salary Potential for Advancement Job Location 1. Rochester $48,000 Average Average 2. Dallas $46,000 Excellent Good 3. Greensboro $46,000 Good Excellent 4. Pittsburgh $47,000 Average Good * You Decide to select alternative 3, Decision is the alternative selected A Subclassification of The Decision making Process Structuring The Problem Define The Problem Identify The Alternative Analyzing The Problem Determine the criteria Evaluate The alternative Choose An Alternative The Role of Qualitative and Quantitative Analysis Analyzing the Problem Qualitative Analysis Structuring the Problem Define the Problem Identify the Alternative Determine the Criteria Summary and Evaluation Make the Decision Quantitative Analysis Bina Nusantara University 8 Problems • Single criterion decisions problems • Multi criterion problems Quantitative Analysis • Model Development - Iconic Model - Analog Model - Mathematical Model Maximize 10x objective function Subject to (s.t.) 5x≤ 40 Constraint x≥ 0 • • • • Data Preparation Model Solution Report Generation A Note Regarding Implementation Quantitative Analysis Flowchart of The Process of Transforming Model Inputs into Output Uncontrollable Inputs (Environmental Factors) Controllable Inputs (Decision Variable) Mathematical Model Output (Projected result) Quantitative Analysis Flowchart for the Production Model (a) Uncontrollable Inputs $10 profit per unit 5 labor-hour per unit 40 labor-hours capacity Value for the Production Quantity (x =8) Controllable Inputs Max 10 (8) s.t. 5(8) ≤ 40 8 ≥ 0 Mathematical Model Profit = 80 Time Used =40 Output Quantitative Analysis • Model Solution Trial and Error Solution for the Production Model of Flowchart (a) Decision Alternatives (Production Quantity) x Projected Profit Total Hour of Production Feasible Solution? (Hours Used ≤ 40) 0 0 0 Yes 2 20 10 Yes 4 40 20 Yes 6 60 30 Yes 8 80 40 Yes 10 100 50 No 12 120 60 No Bina Nusantara University 13 Model of Cost, Revenue, and Profit • Cost and Volume Model C (x)= (3000 + 2x) • Revenue and Volume Model R(x)= 5x • Profit and Volume Model P(x)= R(x) – C (x) = 5x – (3000 + 2x) = -3000 +3x Model of Cost, Revenue, and Profit Breakeven Analysis • P(x)= R(x) – C (x) = 5x – (3000 + 2x) = -3000 +3x P(500) = -3000+3(500)= -1500 P(800) = -3000+3(800) = 2400 P(x) = -3000 + 3x = 0 3x = 3000, x=1000 Model of Cost, Revenue, and Profit • Graph of the Breakeven analysis for Nowlin Plastics 12 Revenue and Cost 10 Total Revenue R(x) = 5x Profit 8 6 Fix Cost Total Cost C(x) = 3000 + 2x 4 2 0 Bina Nusantara University Loss Breakeven Point = 1000 unit 2 4 6 8 10 12 Production Volume 16