1apply linear programming to this problem a firm wants to

Assignment Help Operation Management
Reference no: EM13382204

1. Apply linear programming to this problem. A firm wants to determine how many units of each of two products (products D and E) they should produce to make the most money. The profit in the manufacture of a unit of product D is $300 and the profit in the manufacture of a unit of product E is $97. The firm is limited by its total available labor hours and total available machine hours. The total labor hours per week are 3,000. Product D takes 6 hours per unit of labor and product E takes 8 hours per unit. The total machine hours are 4,000 per week. Product D takes 10 hours per unit of machine time and product E takes 4 hours per unit.

Required:
Write objective function and labor hours and machine hours constraints.

2. There are two products of a company
Product A: Profit=$500, Cost=$200
Product B: Profit=$400, Cost= $150
If labor hrs. are 1000, product A requires 5 labor hrs, and product B requires 7 labor hrs.
If Assembly hrs. are 1500, product A requires 10 assembly hrs, and product B requires 15 assembly hrs.
If profit is at least $200,000

Required:

Formulate Objective Function, Assembly Hours Constraint, Labor Hours Constraint, and Desired Profitability Equation.

Reference no: EM13382204

Questions Cloud

Assume you are the quality inspector for jelly belly : assume you are the quality inspector for jelly belly manufacturing and want to develop a guide booklet for your staff
As a marketing manager you have recently turned down nancy : as a marketing manager you have recently turned down nancy conrad for a position as sales supervisor. nancy believes
Explain how you would conduct a job analysis in a company : explain how you would conduct a job analysis in a company that has never had job descriptions. include cost
Why are vision and mission statements important to : why are vision and mission statements important to strategic development? how might leaders and managers view and use
1apply linear programming to this problem a firm wants to : 1.apply linear programming to this problem. a firm wants to determine how many units of each of two products products d
Table 26 shows the temperature of a sample of coffee served : table 2.6 shows the temperature of a sample of coffee served by a cafe located in a shopping centers food court. the
What are some of samsungs greatest competitive : what are some of samsungs greatest competitive strengthssamsungs goal of 400 billion in sales by 2020 would bring it to
A producer of inkjet printers is planning to add a new line : a producer of inkjet printers is planning to add a new line of printers and you have been asked to balance the process
Determine the percentage of idle time that would result if : determine the percentage of idle time that would result if two stations were used and each station was loaded with the

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd