Formulate problem of how to manufacture these product

Assignment Help Basic Statistics
Reference no: EM13763980

Question: A company manufactures four products (1, 2, 3, 4) on two machines (X and Y). The time to process one unit of each product on each machine is shown below:

Product Machine X (minutes) Machine Y (minutes) 
1 10 27 
2 12 19 
3 13 33 
4 8 23

The profit per unit for each product is shown as below:

Product 1=$10 Product 2=$12 Product 3=$16 Product 4=$5

Product 1 must be produced on both machines X and Y but products 2, 3, and 4 can be produced on either machine.

The factory's floor space is very limited. Only one week's production is stored in 50m2 floor space where the floor space taken up by each product is 0.1m2, 0.15m2, 0.5m2 and 0.05m2 for products 1, 2, 3 and 4 respectively.

Customer requirements mean that the amount of product 3 produced should be related to the amount of product 2 produced - twice as many units of product 2 should be produced as product 3 over a week.

Machine X is out of service for maintenance or breakdown 5% of the time and machine Y 6% of the time.

Assume a working week for 40 hours, formulate the problem of how to manufacture these product with aim to maximize company's profit.

Reference no: EM13763980

Questions Cloud

How do you know when to compromise : What is compromise and how do you know when to compromise and when not to compromise? If you think you should never compromise explain why.
Actions for network devices, topologies, and network attacks : Identify the malicious threat sources to physical security and their corresponding countermeasures
Problems related to travel/transportation : How have societal, political, and/or business systems developed alongside the technical discovery?
Medical malpractice and tort reform : Assignment: Medical Malpractice and Tort Reform, Medical malpractice is one area where tort reform is argued most heavily
Formulate problem of how to manufacture these product : Customer requirements mean that the amount of product 3 produced should be related to the amount of product 2 produced - twice as many units of product 2 should be produced as product 3 over a week.
Compare and contrast the while loop and the for loop : Compare and contrast the WHILE loop and the FOR loop. Your discussion should identify the similarities, differences, advantages, and disadvantages of each structure.
Analyzing your motivations and sources of job satisfaction : As you are analyzing your motivations and sources of job satisfaction, consider the advice that was reportedly given to U.S. President John F. Kennedy
Who is impacted internally and externally : Outline the context of the problem or challenge, including the history and any policy decisions that have contributed to the situation. Why is it important that the problem be addressed, who is impacted internally and externally
Which countries still use the death penalty : Which countries still use the death penalty? How is it administered? Is it an effective deterrent? If so, in which countries and why

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING 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