Considering the purchase of new equipment

Assignment Help Operation Management

Reference no: EM131480165

Food sorting company SQUASH is considering the purchase of new equipment. Labelling machines cost $60k each, weighing scales $50k each, and forklifts $10k each; SQUASH has $900k to invest. The estimated profit from each type of equipment is $0.4k, $0.3k, and $0.25k, respectively. SQUASH has technicians for at most 50 units of equipment; a weighing scale counts 2 units, and a labelling machine or forklift counts 1 unit. Maintenance facilities at SQUASH are limited to a maximum of the equivalent of 35 forklifts; a labelling machine needs twice as much maintenance facilities as a forklift, and a weighing scale needs 1.5 times as much maintenance facilities as a forklift. Given these constraints, use Matlab for calculating the number of each machine type that should be bought for maximizing the profit for SQUASH.

Reference no: EM131480165

Questions Cloud

Biomass in the form of sucrose and converts : An energy company, pursuing the making of green gasoline, starts with biomass in the form of sucrose and converts it into gasoline using catalytic reactions.

Humanities and creative expression : How has contemporary culture influenced the humanities and creative expression?

How might this affect gains for joining a currency union : The Maastricht Treaty places strict requirements on government budgets and national debt. Why do you think the Maastricht Treaty called for fiscal discipline?

Increase in reserve requirements : A combination of Fed purchases of government securities and an increase in reserve requirements?

Considering the purchase of new equipment : Food sorting company SQUASH is considering the purchase of new equipment. Labelling machines cost $60k each, weighing scales $50k each,

European market affected the process of european integration : How has the advent of the Single european market affected the process of European integration?

Project npw as of december : A project has a net present worth of -$140 as of January 1, 2000. If a 10% interest rate is used, what is the project NPW as of December 31, 1997?

Watch the video - lives for sale- human trafficking : Watch the following segment from the "Lives for Sale: Human Trafficking" video.

Economic profit in the long run : Why do firms in perfectly competitive markets not make any economic profit in the long run? Would be smart for a firm to lower its price in a perfectly.

User Account

All Pages