Formulate and solve linear programming model

Assignment Help Operation Management
Reference no: EM131632054

The Oak Works is a family-owned business that makes handcrafted dining room tables and chairs. They obtain the oak from a local tree farm, which ships them 2,500 pounds of oak each month. Each table uses 50 lbs of oak each month while each chair uses 25 lbs of oak. The family builds all the furniture itself and has 480 hours of labor available each month. Each table or chair requires six hours of labor. Each table nets Oak Works $400 in profit, while each chair nets $100 in profit. Since chairs are often sold with the tables, they want to produce at least twice as many chairs as tables. A. Formulate and solve a linear programming model for this problem on a spreadsheet.

Reference no: EM131632054

Questions Cloud

Is it the traditional maximizing shareholder value : Briefly discuss about what the ultimate goal of the organization should be. Is it the traditional “maximizing shareholder value”?
Arguments against corporate social responsibility : One of the arguments against corporate social responsibility is that by requiring more of our local companies,
How do healthcare organizations recruit : How do healthcare organizations recruit and retain health care professionals in the presence of a competitive market? In a rural environment?
What are the main management models at present : What are the main management models at present, What are the challenges? Name some ways that information is valuable. Why is it vital in Supply Chain Management
Formulate and solve linear programming model : Formulate and solve a linear programming model for this problem on a spreadsheet.
Contrast the three different types of procurement : Compare and contrast the three different types of procurement.
Issue of slavery in the supply chain : The impact his categorical imperatives would have on the issue of slavery in the supply chain?
What are pros and cons of the different corporate entities : What are the pros and cons of the different corporate entities Sally can use to incorporate her business?
Communication or speaking anxiety : The goal of the introduction of your speech is? Communication or speaking anxiety is

Reviews

Write a Review

Operation Management Questions & Answers

  Mastering strategic management

Chapters 5 of Mastering Strategic Management, four generic strategies are outlined! Research a company that exercises one of the four strategies. Explain how the organization operationalizes the strategy. Attach the article (ensure the link works) as..

  Implementer styles are essential to strategic management

Formulator and implementer styles are essential to strategic management for all of the following reasons except. A formulator does all of the following except. A manager who makes a situation more efficient could be described as a(an)

  Persistent problem with starvation in some parts

Given the persistent problem with starvation in some parts of the world, and the anticipated population growth in developing nations, do we need genetically modified foods? Is it really a problem with supply, or is it a distribution problem? How woul..

  Components from countries with lower material costs

Imagine that you work for a custom-bicycle company that has thus far only manufactured in the United States. You’re under pressure to reduce costs. What options would you explore? Would you consider sourcing some of the components from countries with..

  Which of statements below describes IRR decision criterion

Which of the statements below describes the IRR decision criterion?

  What is the maximum possible output per week

The line will operate for 6 hours per shift, 1 shifts per day, 6 days per week. What is the maximum possible output per week for this line?

  Comparing the traditional management systems

Write an essay comparing the traditional management systems to the above two systems - in terms of differences in approaches, achieving efficiencies, cost savings, and firm profitability. Include in your essay the findings from different studies t..

  What are at least four supply-chain management strategies

What are at least four supply-chain management strategies used in Regal Marine? Present and explain them.

  Question on operations management

Find a business or organization, preferably one where you are working used to work, or know an employee or owner. (You can use anything such as retail or finance departments)

  Evacuation strategies in healthcare premises

Evacuation Strategies in Healthcare Premises, The aim of this project is to investigate the points that not covered in the right way of the evacuation strategies procedures in healthcare premises.

  What is the optimal size of the production rn

Radovilsky Manufacturing Company, in Hayward. California. makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders fo about 11,600 flashing lights per year and hasthe capability of producing 95 per..

  Command and control schemes-tax and subsidy strategies

Compare and contrast the regulatory alternatives(Command and control schemes, tax and subsidy strategies, and litigation are all regulatory alternatives) of the text in terms of the efficiency and efficacy these alternatives might provide to business..

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