Assembly as critical areas for overall throughput for firm

Assignment Help Operation Management
Reference no: EM132155061

Industrial Pipes Corporation makes two kinds of pipes (Pipe A and Pipe B). Pipe A sells for $3000, while pipe B sells for $2200. The firm has identified two processes, heat treatment and assembly as critical areas for overall throughput for the firm. Industrial Pipes operates both processes two shifts per day (15 hours per day) for 20 days per month for a total 300 hours/month each. Pipe A takes 4 hours of heat treatment and 5 hours on final assembly while pipe B takes 6 hours on heat treatment and 1.5 hours on final assembly. Assume that the firm can sell no more than 50 units of each pipe per month (i.e., maximium demand for either type of pipe is limited to 50 per month). If the firm is trying to maximize its contribution from these two products, write a formulation of a linear program that optimizes how many of each type of pipe they should make each month.

Reference no: EM132155061

Questions Cloud

Report on the topics of cremation and alkaline hydrolysis : Report on the topics of cremation and alkaline hydrolysis- what's the difference, how are they similar, what is the process.
Defining the vaccine controversies : Vaccine controversies have occurred since almost 80 years before the terms vaccine and vaccination were introduced, and continue to this day.
Three significant safety and health issues in your firm : Safety Policies for a life coaching firm. Identify the top three significant safety and health issues in your firm,
Complete the self-assessment of your current comfort levels : Complete the self-assessment of your current comfort levels and total your score. If you are willing, please share your total score with your classmates.
Assembly as critical areas for overall throughput for firm : The firm has identified two processes, heat treatment and assembly as critical areas for overall throughput for the firm.
Are their stocks fluctuating or holding steady : Have they launched a new product? Have they been involved in a scandal? Have they recently been fined for lack of compliance?
Finance department has total responsibility for finance : Discussion of resource requirements should not be a part of the HIT strategic plan because the finance department has total responsibility for finance
Identify the belief or practice in a care delivery site : Choose a cultural, spiritual practice, or belief that impact cultural and spiritual care of a client considering the individual race, ethnic, economic, gender.
Difference between on and off the job employee development : Presentation Topics - Difference between On the Job and Off the Job Employee Development. Discussion/Explanation of the topics and examples

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