Determine which house produced maximize profit

Assignment Help Other Subject
Reference no: EM132347312

Problem - Binary Integer Models

Production planning department of Graystar Prefabricated Homes Company has to decide which types of homes to produce for the next period. They have four prefabricated homes (A,B,C and D). Each home uses three different materials, lumber, particleboard and drywall. The table given below shows the expected profits for each house, the amount of materials used in house and the available quantities of these materials.


A

B

C

D

Available

Profit

20,000

17,000

21,000

24,000

Lumber

10

7

11

10

25

Particle Board

5

4

7

6

20

Drywall

2

1.5

3

2.5

6

Formulate the problem, to determine which house(s) should be produced to maximize the profit.

Note - Please solve with excel solver and show all the work.

Reference no: EM132347312

Questions Cloud

What insights or arguments can you add to support opinion : Try to find a peer response whose views are the same as yours. What additional insights or arguments can you add to support their opinion?
Describe the central dogma of molecular biology : Describe the central dogma of molecular biology, briefly describe the processes of transcription and translation and The paper should be 400 words
Discuss the Important Issues of Risk : The main project is the Delegation of work, and doing important issues of risk (enforcement and punishment for flouting any of the code)
What are the value propositions for organizations : How can you leverage OD to improve revenue of an organization? What are the value propositions for organizations to provide fiscal resources to OD processes?
Determine which house produced maximize profit : Problem - Binary Integer Models - Formulate the problem, to determine which house(s) should be produced to maximize the profit
Evaluate disadvantages of the change processes selected : Compare the advantages and limitations of each process evaluated. Evaluate the advantages and disadvantages of the change processes selected.
Team dynamics for highly effective or ineffective team : Discuss the team dynamics for a highly effective or ineffective team of which you were a member. Can you explain why the team performed so well or so poorly?
Kosice self-governing region energy policy simulation : Explain Kosice self-governing region energy policy simulation. Explain the Role of policy informatics in preparing practitioners.
Identify capabilities of digital asset management software : Do research online to identify the capabilities of digital asset management software. What are the top rated digital asset management software products?

Reviews

Write a Review

Other Subject Questions & Answers

  Identify the important facts in the case study

The format of each case study critique should be as follows: Identify the important facts in the case study. What decision(s) were made in the case study?

  Describe one type of analytical model you have used

Describe one type of analytical model you have used in your academic experience (my major was accounting and management in undergraduate school, analytics in graduate school).

  Explain the hazards associated with working

Explain the hazards associated with working around the loading and unloading of material as it relates to line of fire, pinch point, and falls. How would each of these issues be addressed by the driver prior to beginning the evolution of loading a..

  Description of sustainable development

One of the most salient issues facing our world today is the necessity of sustainable living. We hear of the concept sustainable development all the time

  What solutions does the us system of government offer

What solutions does the U.S. system of government offer? Does our system need radical reform? Discuss how this question applies to politics in California.

  Which method do you think is most effective

Research and EBP projects can be communicated in many ways. Which method do you think is most effective to get to the staff nurse level?

  What is possible break-point between these two cities

Kansas city and des moines are 200 miles apart. kansas city has a population of about 450,000, qhile the population of des moines is 200,000. given reilly's law, what is a possible break-point between these two cities?

  Can you give any examples of social reform movements

Can you give any examples of social reform movements that might make sense from a cultural relativist perspective?

  Performance evaluation for public organization

You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds. Before actually conducting the evaluation, you-the evaluator-need to know certain specifics to..

  Discuss about the area of specialization in psychology

What criteria did you use to evaluate the authority, credibility, and scholarliness of the articles within the field of psychology?

  Which three rights are the most important to you and why

What are the three "Rs"all about? What are they and what purpose do they serve. Which 3 rights are the most important to you? Why?

  What obstacle would such agency confront in political system

Should the U.S. have a centralized agency that promotes technological advancement? What obstacles would such an agency confront in American political system?

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