Determine what the composition of can of dog food

Assignment Help Operation Management
Reference no: EM132301158

Pet Supplies Company produces 16-ounce cans of dog food by combining meat by-products, which cost $0.60 per pound, and chicken by-products, which cost $0.35 per pound. Meat by-products are 55% protein and 30% fat by weight, while chicken by-products are 40% protein and 10% fat by weight. To meet customer expectations, the final product should contain at least 50% protein and between 15% and 25% fat by weight. Pet Supplies advertises that each can of dog food has no more than 30% by weight of chicken by-products.

a) Formulate a linear programming solution to be used to determine what the composition of a can of dog food should be to meet the various requirements at the minimum cost. Hint: you can express the amount of each ingredient in a 16-ounce can of dog food as a fraction of a 16-ounce can rather than in ounces. Provide the objective function and the constraints for your linear programming formulation.    

b) Using linear programming, find the optimal solution for the objective function and the optimal values of each of the variables. To receive credit for this answer, you must provide a copy of your linear programming output, identifying the value of the objective function and the values of the variables at optimality.

c) Suppose the cost of the meat decreases to 0.50 per pound. Don’t resolve the problem but use the sensitivity analysis output from part b). Explain if this would change the optimal value of the objective function and the optimal value of the variables. If it does change the value of the objective function, what will the new value of the objective function be? Provide the information from part b) that you used in reaching your conclusion.

d) Suppose the maximum chicken by-product that is accepted increases by 4% to 34%. Don’t resolve the problem but use the sensitivity analysis output from part b). Explain if this would change the optimal value of the objective function and the optimal value of the variables. Provide the information from those results that you used in reaching your conclusion.

e) Now suppose that each can of dog food sells for $2.00. If the required profit per can is at least $0.80, write the constraint(s) satisfying this objective function. You do not need to resolve for the optimal answer.

Reference no: EM132301158

Questions Cloud

Evolution and applicability of leadership theories : Examine and critically analyse one aspect of leadership theory in depth, to understand what makes up scholarly research on the topic and to see how knowledge
How do you avoid groupthink in the problem solving process : How do you avoid groupthink in the problem solving process? Yet, gain consensus as a group.
Annual cost of ordering and the annual holding cost : What is the economic order quantity? What are the annual cost of ordering and the annual holding cost?
Estimating time and budget requirements for projects : What are the difficulties in estimating time and budget requirements for projects?
Determine what the composition of can of dog food : Formulate a linear programming solution to be used to determine what the composition of a can of dog food should be to meet the various requirements
Investment costs associated with installing option : IF A COMPANY invests in production improvement option D that will boost labor productivity by 50%, while its annual depreciation cost will rise
Controversial topic is that of integrated reporting : In today’s reporting, a very controversial topic is that of “Integrated Reporting”
Whs performance parameters : What 4 key performance indicators (KPI's) can have impact on WHS performance parameters?
Create a risk management report for corwin corporation : Critically analyse project risks and develop a range of strategies to effectively manage those risks in order to ensure expected project management outcomes

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