Daily production totals of certain product

Assignment Help Business Management

Reference no: EM133826861

Question

As a supervisor of a production department, you must decide the daily production totals of a certain product that has two models, the Deluxe and the Special. The profit on the Deluxe model is $12 per unit and the Special's profit is $10. Each model goes through two phases in the production process, and there are only 100 hours available daily at the construction stage and only 80 hours available at the finishing and inspection stage. Each Deluxe model requires 20 minutes of construction time and 10 minutes of finishing and inspection time. Each Special model requires 15 minutes of construction time and 15 minutes of finishing and inspection time. The company has decided that the Special model must comprise at least 40 percent of the production total, and for every 3 Deluxe models produced, at least 2 Special models must be produced to meet market demand for the Special model. Additionally, the company has set a maximum production limit of 60 Deluxe models per day due to raw material constraints. Formulate the problem as an LP model using the following decision variables:

X1 = number of Deluxe models

X2 = number of Special models

Reference no: EM133826861

Questions Cloud

Consider in managing transport activity of heavy vehicles : Identify which external factors need to be consider in managing transport activity of heavy vehicles regarding safety risks of speed and fatigue?

Monitoring of metrics to improve quality and patient safety : Assess the effect of the patient, family, or population problem you defined in the previous assessment on the quality of care, patient safety, and costs

How does a change of technology affect the organization : How does the company utilize technology in day-to-day business? How does a change of technology affect the organization?

Explain how you would know if the data are unreliable : Identify the patient, family, or group you intend to work with during your practicum. Provide context, data, or information that substantiates the presence

Daily production totals of certain product : As a supervisor of a production department, you must decide the daily production totals of a certain product that has two models,

Conduct meeting with faculty advisor : Conduct meeting with faculty advisor and DNP project mentor Identify practice problem or gap in practice related to the DNP Project

Component of emotional intelligence : Explain how you will accomplish the following: Apply external mindfulness as a component of emotional intelligence to lead the project team.

What did you learn from this experience : What resources did you have available? What evidence-based practice did you use for the patients

Write an integrative paper that articulates your orientation : Write an integrative paper that articulates your personal theoretical orientation to counseling individuals with drug or alcohol issues.

User Account

All Pages