Find the optimal solution

Assignment Help Operation Management
Reference no: EM13234373

The Erlanger Manufacturing Company makes Coffee Makers and Irons. The profit estimates are $5 for each coffee maker sold and $10 for each iron. The labor-hour requirements for the products in the three production departments are department A-coffee makers 0.50 and irons-3.00, B-coffee makers 2.00 and irons 1.00, and C-coffee makers 0.25 and irons 0.25. The departments production supervisors estimate that the following number of labor-hours will be available during the next month: 450 hours in department A, 350 hours in department B, and 50 hours in department C.

a. Develop a linear programming model to maximize profits.

b. Find the optimal solution. How much of each product should be produced, and what is the project profit?

c. What are the scheduled production time and slack time (i.e., available time after production) in each department?

 

Reference no: EM13234373

Questions Cloud

Write a linear program that minimizes cost : M&D wants to sell the remaining pounds of the catalytic agent at a price of $100. How much money will be generated from the sell?
Dome of the rock to be important and why : How many religions hold the site of the Dome of the Rock to be important and why?
Explain the figurative art : What explains the exceptions to the teachings of Muhammad about figurative art: for example,
Relation to the european union and the welfare state : Discuss the challenges facing modern Europe in relation to the European Union and the welfare state.
Find the optimal solution : Find the optimal solution. How much of each product should be produced, and what is the project profit?
Challenges faced by the united states welfare state. : Discuss the establishment of and the challenges faced by the United States welfare state.
Unique about each revolution : What were the most obvious similarities between the U.S., French, and Latin American Revolutions? List something that was unique about each revolution.
Siddhartha’s experience and buddhist notions enlightenment : Describe the similarities between Siddhartha’s experience of enlightenment and later Buddhist notions of enlightenment.
Determine the wavelength of this light : A pair of screens are placed 13.7m apart. A third order fringe is seen on the screen 2.50cm from the central fringe. If the slits were cut 0.0960 cm apart,determine the wavelength of this light. Roughly what colour is it?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  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..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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