Explain how to minimize total prices

Assignment Help Operation Management

Reference no: EM1375224

Q. A product can be produced on four different machines. Each machine has a fixed setup price, variable production prices per-unit-processed also a production capacity. A total of 2,000 units of the product must be produced. Formulate an IP whose solution will tell us explain how to minimize total prices.

Reference no: EM1375224

Questions Cloud

Explain how educational institutions can use the fruits : explain how educational institutions can use the fruits of new technologies to transform illustrate what they do also thereby improve education. IBM is using a (n) strategy to show its social responsibility.

Illustrate what skills would you personally need to develop : Use the concepts of transactional, transformational, charismatic also authentic leaders to describe the leadership of Ingvar Kamprad. Illustrate what skills would you personally need to develop or refine these skills.

Describe the additional training necessary for employees : Describe the additional training necessary for employees to advance according to the map. Elucidate the role of organizational incentives also mentoring in developing talent pools. This additional narrative should be 200-300 words, submitted as a..

Illustrate what is the expected weekly output of cranks : the industry expects to achieve an efficiency level for the cranks of 85percent. Illustrate what is the expected weekly o/p of cranks for this company.

Explain how to minimize total prices : A total of 2,000 units of the product must be produced. Formulate an IP whose solution will tell us explain how to minimize total prices.

Illustrate what steps you could take to mitigate difficulty : From the e-Activity, analyze the process of statistical quality control and decide which part of the process would be most difficult for you personally as well as illustrate what steps you could take to mitigate the anticipated difficulty.

Pros and cons of firms competing in global environment : Discuss the pros and cons of firms competing in global environment and how this has affected the United States economy and the global economy?

Identify the front office and back office services : Identify the front office and back office services for the following organizations. Could the services be improved by increasing or decreasing the degree of customer contact? By separating low-and high-contact services.

Explain how will the rules of century contracts change : explain how will the rules of 21st century contracts change. Will they desire to. A new coffee shop is attempting to design the most optimal layout.

User Account

All Pages