Company in producing different types of printers

Assignment Help Operation Management
Reference no: EM131778782

HP is a well known company in producing different types of printers. The demand for a laser printer through the coming five months is 200, 150, 300, 250, and 400 printers, respectively. HP has different production capacities estimated at 180, 230, 430, 300, and 300 for the five months. Backordering is not allowed, but HP may use overtime to fill the immediate demand, if necessary. The overtime capacity for each period is half the regular capacity. The production costs per unit for the five months are $100, $96, $116, $102, and $106, respectively. The overtime production cost per engine is 50% higher than the regular production cost. If an engine is produced now for use in later periods, an additional storage cost of $4 per engine per period is incurred. Formulate the problem as a transportation model. Then use TORA to find the optimum number of printers to be produced during regular time and overtime of each month.

Reference no: EM131778782

Questions Cloud

Levels theory of social emergence : In the book Praszkier & Ryszard (2007). Saywer mentions five (5) levels theory of social emergence that can create lasting social change.
Create the detailed implementation plan for the innovation : Describe the value the new product or service will provide to customers and describe the need it will meet. create detailed implementation plan for innovation.
Purchase malt for his micro-brew production : Joe Birra need to purchase malt for his micro-brew production. Suppose Joe orders 1000 gallons each time. What is his average inventory?
Social media for both internal and external communications : Explain how a company could use social media for both internal and external communications.
Company in producing different types of printers : HP is a well known company in producing different types of printers. Formulate the problem as a transportation model.
Methodology would be easy for any organization to adopt : What challenges might arise with design thinking? Do you think this methodology would be easy for any organization to adopt?
Demand for a product will be inelastic if : Demand for a product will be inelastic if: ?
Security risk assessment project tasks : Place the following security risk assessment project tasks in order of performance.
Customer segments for the smashbox and aveda cosmetics lines : Discuss the characteristics and likely differences in customer segments for the Smashbox and AVEDA cosmetics lines.

Reviews

Write a Review

Operation Management Questions & Answers

  Different methods for resolving contractual disputes

There are different methods for resolving contractual disputes. From the following list of resolution methods, which is least adversarial?

  What strategy would you employ to mitigate the fallout

What strategy(ies) would you employ to mitigate the fallout from it?

  How are they relate to maintaining proper level of inventory

To be considered substantive, your reply should add significantly to the discussion by building on others' comments, pointing out similarities or differences in your backgrounds or course expectations, etc. One or two sentence responses such as "..

  Explain an orientation experience you have had or are

describe an orientation experience you have had or are familiar with that was effective or ineffective in aligning

  Concepts explained in theory operating in real life

When you are unable to see the concepts explained in a theory operating in real life, the theory does not have

  Important in implementing the strategy of an organization

Why is the operations function important in implementing the strategy of an organization? Explain why the changes put in place by Victoria Chen and her team could either hurt or help the bank.

  Identify, discuss, and be specific on five differential cost

Identify, discuss, and be specific on five differential costs that might exist between the two options

  Formulate and solve nonlinear optimization model

A soda producer makes and sells two products, Classic Cola and Diet Cola. During the planning period, if the producer spends x1 dollars on promotion of Classic Cola, it can sell 100x1^.5 cases of Classic Cola, and if it spends X^2 dollars on promotio..

  A long arm statute allows

A “long arm” statute allows:

  What is the annual cost of ordering and holding inventory

Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. Thomas's fastest-moving inventory item has a demand of 5,950 units per year. The cost of each unit is $99, and the in..

  The communications director for large corporation

Assume you are the Communications Director for a large corporation. You are leaving to pursue a better career opportunity and your successor has asked for some professional advice regarding the media. What is the most important advice you would offer..

  How virtual supply chains have reshaped business sectors

Locate two articles on the topic of virtual supply chains. How virtual supply chains have reshaped business sectors

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