Develop a linear optimization-product mix

Assignment Help Engineering Mathematics

Reference no: EM131440301

Question: A furniture manufacturing company planes to make three products - chairs, tables and desks from its available weekly resources, which consist of 400 cubic feet of timber and 500 man-hours of labor. To make a chair, it requires 5 cubic feet of timber and 10 man hours of labor and yields a profit of $25. A table uses 20 cubic feet of timber and 15 man-hours of labor and yields a profit of $40. A desk needs 25 cubic feet of timber and 20 man-hours of labor and yields a profit of $50. Develop a linear optimization model and find optimal product mix.

Reference no: EM131440301

Questions Cloud

What is the average weekly proportion of errors : Over six months a bank recorded, on a weekly basis, errors per thousand items processed in all types of collection transaction. What is the average weekly proportion of errors

Describe a productive version of your personality type : Define/describe the 4 personality types of Freud/Fromm. Which of these personality types do you feel best describes your own personality? Describe a productive and unproductive version of your personality type.

End of competitive advantage : Denning (2013) reviewed Rita McGrath's book, The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business. McGrath proposed that sustainable competitive advantage is no longer a viable idea.

Holistic project plan : Contingency plans are not executed until after a risk occurs and often involve cleanup, rework, added resources, waste, and damage. Is an investment made in prevention less expensive than executing a contingency strategy? What other advantages can yo..

Develop a linear optimization-product mix : A furniture manufacturing company planes to make three products - chairs, tables and desks from its available weekly resources, which consist of 400 cubic feet of timber and 500 man-hours of labor.

Discuss key elements of positive and proactive communication : Discuss the key elements of positive and proactive communications that are missing in the following workplace scenarios and any other aspects of the situation you feel need to be corrected (and why).

Discuss the stages or process of american criminal justice : As explained in the textbook, list and discuss the five stages or process of American Criminal Justice.With regards to punishment, what are the different viewpoints of Classical School and Neoclassical Criminology? Would punishment reduce recidiv..

What had been happening for the last two presidential terms : Mrs. Clinton was running on the idea that things were going well and we should stray too far from what had been happening for the last two presidential terms. John McCain did the same, when trying to follow George Bush nearly a decade ago.

Industrial machine automation design project : How to collect data and from whom for industrial machine automation design project? Can we use any of these method? use of interviews, customer metrics, other business metrics, organizational documentation, focus groups etc

User Account

All Pages