Define decision variables and objective function

Assignment Help Operation Management
Reference no: EM13758576

In the Ma-and Pa grociery stores, shelf space is limited and must be used effectively to increase profit. Two cereal items, Grano and Wheatie, compete for a total shelf space of 60 square feet. A box of Grano occupies .2 square feet and a box of Wheatie needs .4 square feet.The maximum daily demand of Grano and Wheatie are 200 and 120 boxes respectively. A box of Grano nets 1.00$ in profit and a box of Wheatie 1.35$. Ma-and -Pa thinks that because the unit profit of Wheatie is 35% higher ,Wheatie should be allocated 35% more space, which amount to allocating about 57% to Wheatie and 43% to Grano. What do you think?

 

a) Define decision variables; b) Define an objective function (give a mathematical expression for the objective function); c) State all constraints which apply to the problem; and d) Identify the values which the decision variables have in the optimal solution, and the value of the objective function which results when the decision variables assume their optimal values.

Reference no: EM13758576

Questions Cloud

How would an organization like anonymous : How would an organization like "Anonymous" be able to carry out phishing attacks against major organizations with relative ease
Financial measures of quality : Companies should focus on financial measures of quality because these are the only measures of quality that can be linked to bottom-line performance. Do you agree? Explain.
Find the equilibrium for inflation and unemployment : Briefly explain each equation and find the equilibrium for inflation and unemployment - Find the characteristic equation and comment briefly on its properties - Find the equilibrium for inflation and unemployment.
Functionality and efficiency of the complaint-push model : Compare and contrast the functionality and efficiency of the complaint-push model and data-pull model within the process of health care service delivery
Define decision variables and objective function : In the Ma-and Pa grociery stores, shelf space is limited and must be used effectively to increase profit. Two cereal items, Grano and Wheatie, compete for a total shelf space of 60 square feet. Define decision variables; Define an objective function ..
Potential physical threats that require attention : Identify at least five (5) potential physical threats that require attention. Determine the impact of at least five (5) potential logical threats that require attention
Random variation in meal satisfaction : Houston North Hospital is trying to improve its image by providing a positive experience for its patients and their relatives. Part of the "image" program involves providing tasty, inviting patient meals that are also healthful. A questionnaire accom..
Write a paper on essential communication in a community : Write a 1,400- to 1,750-word paper on essential communication in a community crisis situation described in the scenario.
Negative impact on the organization or country : Give an example of a situation in which outsourcing had a positive impact on an organization or country or one in which outsourcing had a negative impact on the organization or country.

Reviews

Write a Review

Operation Management Questions & Answers

  Describe some efficiency measures that you would implement

Efficiency is a critical element both in terms of individuals and machinery in any business. Describe some efficiency measures that you would implement in your grocery delivery business. What are the analysis tools that you would utilize to determ..

  Description of breastfeeding accommodations in the workplace

Description of Breastfeeding Accommodations in the Workplace which include an overview of the concept.

  What types of opportunities and threats would be present

What types of opportunities and threats would be present within each of the dimensions of the general environment?

  Determine what steps you would take to initiate the project

Determine what steps you would take to initiate the project and include how your leadership style would predict your action.

  Determining stock price

Mid-State BankCorp recently declared a 7-for-2 stock split. Prior to the split, the stock sold for $80 per share. If the firm's total market value is unchanged by the split.

  What is the system utilization

A single bay car wash with a Poisson arrival rate and an exponential service time has cars arriving an average of 10 minutes apart, and an average service time of four minutes.

  Why did top managers make these changes

In what ways has Samsung's multi business model changed over time? Why did top managers make these changes?

  Draw a decision tree showing the decisions and chance events

Draw a decision tree showing the decisions, chance events, and their probabilities, as well as the profitability of outcomes, and solve the decision tree EVsmall expansion = $, EVlarge expansion = $

  What role did carlos debrito play in the success

What role did Carlos Debrito play in the success of the Alberta team-based productivity project? What leadership approach did he employ to help reduce conflict between labor and professionals? Do you agree with Algoma Howard that if she just had..

  Descriptive statistics of the four variables

Descriptive statistics (mean, median, range, and standard deviation) for each of the four variables along with an explanation of what the descriptive statistics tell us about the motion picture industry.

  What must be the map coordinates of the new factory graph

a manufacturer of oak barrels has factories in an area at the location coordinates provided in the following table.

  Write a justification for capital purchase

Choose a major capital piece of equipment to be used in the radiology department of a hospital (e.g., CAT scan, MRI, nuclear medicine camera, etc.). Next, research and choose a vendor. Vendors such as GE, Siemens, or others can be located on the I..

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