Formulate a linear programming model

Assignment Help Business Management
Reference no: EM133037549

A company manufactures two types of boxes, corrugated and ordinary cartons. The boxes undergo two major processes: cutting and pinning operations. The profits per unit are $6 and $4 respectively. Each corrugated box requires 2 minutes for cutting and each carton requires 3 minutes for cutting, whereas each corrugated box requires 2 minutes for pinning and each carton requires 1 minute for pinning. The available cutting time is 120 minutes and total pinning time is 60 minutes. Determine the optimum quantities of the two boxes to maximize the profits.

a. Formulate a linear programming model that can be used to determine the quantities of the two boxes that should be produced in order to maximize total profit contribution

b. Graph the feasible region.

c. Determine the coordinates of each extreme point

d. What is the optimal solution.

e. Solve in excel using the template provided.

Reference no: EM133037549

Questions Cloud

Case management process : Consider how to involve the family in the case management process. Which challenges presented by this Arab American family are best addressed holistically as a
Develop risk management plan : a) List the steps you will follow to develop risk management plan?
Development of new generation products : The challenging tobacco marketing environment has resulted in the recent development of 'new generation products, new market segments, and possible restructurin
Global compensation and benefits strategy : Your firm is a multinational consumer electronics organization which has five (5) profitable subsidiaries in Taiwan. Due to pandemic
Formulate a linear programming model : A company manufactures two types of boxes, corrugated and ordinary cartons. The boxes undergo two major processes: cutting and pinning operations.
Determine the appropriate pension account : Determine the appropriate pension account and its balance to be reported on the December 31, 2020 SFP assuming all prior months' remittances were made as needed
Discuss distinctive competencies : Identify and briefly discuss FOUR (4) distinctive competencies and how the company can use the distinctive competencies to its advantage in the market.
What the tax consequences of the distribution to Nicholson : Nola assumed a liability of $25,000 attached to the land. What the tax consequences of the distribution to Nicholson in 20X3
Describe the essential characteristics of learning leaders : Describe the essential characteristics of learning leaders. Name a famous individual or someone you know who exemplifies this description and explain why.

Reviews

Write a Review

Business Management Questions & Answers

  Differences between service and manufacturing operation

Identify major differences between a service and manufacturing operation. Find an example of a process layout of a local business.

  Means in the context of organisational success

Explanation what continuous improvement means in the context of organisational success.

  What are the benefits and drawbacks of cloud computing

What are the benefits and drawbacks of cloud computing? Do you think the drawbacks ever outweigh the benefits? and if so, in what cases?

  Explain facts that you think would make country a good place

Your assignment is to point out and explain the facts or statistics that you think would make this country a good place to build and staff your factory.

  External environment factors

a. Please choose any 3 "external environment factors" (economics, politics, etc.). For each factor explain how it affected the past behavior of this company. What choices should be made by this company going forward in order to deal effectively ..

  Functions should the website perform

1. What Internet business model would be appropriate, and what functions should the website perform (what do you want the website to be used for)? 2. What domain name would you want for this site, and which company would you use for web hosting?

  Management has decided to add few new items

Management has decided to add few new items to the menu but first they want to know more about their customers and their preferences.

  National strategy influences of these non-state actors

MNCs, IOs, NGOs, and the European Union are non-state actors in the role of pushing foreign policy to combat terrorism. Discuss one or two ways in which the national strategy influences any of these non-state actors.

  Adoption curve segments consumers

Just as a product has a life cycle, customers' adoption of products occurs in stages. The adoption curve segments consumers in five stages.

  Expore how you would establish credibility

Explain how you would establish credibility. A profile of your audience/s. Why are these audience/s important? How different would you approach each audience?

  Describe employee reaction

For a job you know well make a questionnaire of five items that elicits employee reaction to the employees' levels of compensation. Identify what information must be included in a job analysis and job evaluation in order to develop a job structure..

  Assumption of canadian company in marketing department

1. Based on assumption of any Canadian company in marketing department, help me to understand what type of project I can choose in marketing department

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