Find the integer solution that will maximize her profit

Assignment Help Operation Management
Reference no: EM1373903

Q. Student Enterprises sells 2 sizes of wall posters, a large 3- by 4-foot poster and a smaller 2- by 3-foot poster. The profit earned from the sale of each large poster is $3; each smaller poster earns $2. The firm, although profitable, is not large; it consists of one art student, Jan Messing, at the University of Kentucky. Because of her classroom schedule, Jan has the following weekly constraints: (1) Up to 3 large posters can be sold, (2) Up to 5 smaller posters can be sold, (3) Up to 10 hours can be spent on posters during the week, with each large poster requiring 2 hours of work and each small one taking 1 hour. With the semester almost over, Jan plans on taking a 3-month summer vacation to England and doesn't want to leave any unfinished posters behind. Find the integer solution that will maximize her profit.

 

 

Reference no: EM1373903

Questions Cloud

Explain how many units should be ordered each time : To minimize total cost, explain how many units should be ordered each time an order is placed. If the holding cost per unit was $6 instead of $5, illustrate what would the optimal order quantity be.
Graphing the supply curve : Think the market for new, single family house in Miami. The general demand function for new housing in Miami is anticipated to be Qd =15 - 2P + 0.05M + 0.10R,
Illustrate what would happen to during put of the line : Illustrate what would happen to during put of the line if we replaced the large single-machine at the bottleneck station with four smaller machines and held WIP at its current level.
Illustrate at what center of gravity coordinates : illustrate at what center of gravity coordinates should the new store be located. Census tracts 103 and 105 are each projected to grow by 20% in the next year. Explain how will this influence the new store's coordinates.
Find the integer solution that will maximize her profit : With the semester almost over, Jan plans on taking a 3-month summer vacation to England and doesn't want to leave any unfinished posters behind. Find the integer solution that will maximize her profit.
Illustrate what is the total cost of this policy : Explain how many tires should Rocky Mountain order each time it places an order. Illustrate what is the total cost of this policy.
Should the company outsource design or do it in-house : A company is deciding if it should do design of a product in-house or outsource the design. If outsourced the cost for a low bidder would be $40,000 and the cost for an expensive bidder $100,000.
Explain how have whites who have not owned slaves : Explain how have Whites who have not owned slaves and nor practiced discrimination in employment nonetheless benefited from and been advantaged by slavery and discrimination.
Find the wip level required to achieve under assumption : Assume you want during put of the line to be 90% of the bottleneck rate. Find the WIP level required to achieve this under the assumptions.

Reviews

Write a Review

Operation Management Questions & Answers

  Why is participation considered such an effective technique

Why is participation considered such an effective technique for reducing resistance to change. Describe at least 3 other tactics which are also useful to reduce resistance to change.

  Turnover rate management

This solution states the usefulness of surveys in determining the reason for high turnover rates in organization.

  Elucidate what can you adviceto gain some points

Between the 2 which one if you were opening your own business do you think which you would use also why. Ellucidate what can you advice me for this question to gain some points.

  Elucidate what is the overall reliability of the system

The second subsystem consists of 5 elements in series every with a failure rate of 1/200. Elucidate what is the overall reliability of the system.

  Write down an operational plan

You have to select a organization of your choice, and after that you have to write down an Operational Plan which addresses the following

  Operation management

marketing strategy, turnover in terms of revenue, Paid out rate

  Is temperature a suitable level differentiator

The researcher select four different detergents based on several properties also conducted a series of experiments at 3 different water temperatures. Cleanliness was quantified using a construct measure. The code data is shown in the subsequent ta..

  Formulate the linear programming problem

Formulate the linear programming problem to maximize the profit during the coming month.  Write all of the constraints that are indicated by the above description of the problem.

  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..

  Find out his standard deviation of sampling distribution

Ten samples of a process measuring number of returns per 100 receipts were taken for a local retail store. Find out his standard deviation of sampling distribution.

  Xplain how many cups of every blend to sell every day

The shop has enough brewing capacity to brew 30 gallons of these 2 coffee blends every day. The manager wants to know Explain how many cups of every blend to sell every day in order to maximize sales.

  Illustrate what is the process cycle time

Illustrate what is the process cycle time. If the firm operates 10 hours per day, 5 days per week, illustrate what is the weekly capacity of this work cell.

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