Find an optimal solution to the problem

Reference no: EM131413868

Amalgamated Engineering makes two kinds of gearbox - manual and automatic. There are four stages in the production of these, with details of times needed and weekly availabilities given below. The company makes a profit of £64 on each manual gearbox sold and £100 on each automatic gearbox.

(a) Find an optimal solution to the problem.

(b) The company can start making a new semiautomatic gearbox that needs 4, 4, 1 and 1 hour respectively in each manufacturing stage, and gives a profit of £80 a unit. Should they make this new gearbox?

Reference no: EM131413868

Questions Cloud

Determine the price at this output level : Calculate the data the firm will provide. Determine the price at this output level. Complete microsoft excel template using the dat in this problem

Explain the liquidity effect and the feedback effects : Explain the liquidity effect and the feedback effects (income effect, price-level effect, and inflation effect) from an expansionary monetary policy.

Find an optimal solution to the problem : The net profit on each unit of X and Y is €2,000 and €3,000 respectively. Formulate this problem as a linear programme. Use a graphical method to find an optimal solution. Use a suitable program to check your results.

Stopping by woods on a snowy evening : Explicate one of the following Robert Frost poems: "Design," "Stopping by Woods on a Snowy Evening," or "The Road Not Taken". Note: You cannot write about "Nothing Gold Can Stay" or "Fire and Ice."

Find an optimal solution to the problem : The company can start making a new semiautomatic gearbox that needs 4, 4, 1 and 1 hour respectively in each manufacturing stage, and gives a profit of £80 a unit. Should they make this new gearbox?

Fiscal expansion under a fixed exchange rate : How does fiscal expansion affect the current account under a fixed exchange rate? Do youexpect the changes in current account to be smaller or larger than under floating (a flexibleexchange rate)? Explain.

How leadership influences organizational performance : Select only one of the outcomes listed below. Compare your organization or one that you are familiar with, to another organization that you research. Explain how leadership influences organizational performance

Create a technical reportinforming readers about : Think of a topic to research in your current or planned field of study. The topic can be a material, device, or process. You will need to research the chosen topic and create a technical report (expected length is 2 pages, single spaced) informing..

Regarding the affordable care act : Identify and explain the economic impact of one reform initiatives for each of the following years (2011, 2012, 2013, 2014). Reform initiatives should include insurance, provider, reimbursement and or technology, etc I want you to use the tools (..

User Account

All Pages