How many units of each component ordered from each supplier

Assignment Help Basic Computer Science

Reference no: EM1356018

Q1) Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company's needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows:

Supplier
Component 1 2 3
1 $12 $13 $14
2 $10 $11 $10

Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows.
Supplier 1 2 3
Capacity 600 1000 800
Solve the following question using the Simplex Method.

If the Edwards production plan for the next period includes 1000 units of component 1 and 800 units of component 2, how many units of each component (C1, C2) should be ordered from each supplier (S1, S2, S3)?

Reference no: EM1356018

Questions Cloud

Type of interview conduct for psychologist : As Ben's psychologist, what type of interview would you conduct? What diagnosis would you give him on AXIS I, II, and III and why?

Prepare journal entries for phillips : Condensed balance sheets for Phillips Company and Solina Company on January 1, 2007, are as follows: Prepare the journal entries on the books of Phillips to record the acquisition of Solina Company's net assets

Determine a global beta for portfolio : Determine a global beta for his portfolio and holds a portfolio that is well-diversified with international investments, which performance measure is more appropriate,

Calculate expected tax savings : Assume that Ashanti Gold Corporation expects to produce a total of one million ounces of gold by the end of this year. Total manufacturing and operating cost will be $250 million and interest expenses will be $20 million.

How many units of each component ordered from each supplier : If the Edwards production plan for the next period includes 1000 units of component 1 and 800 units of component 2, how many units of each component (C1, C2) should be ordered from each supplier (S1, S2, S3)?

Expalin crisis management : Do you believe the acts of the mayor of NYC and the actions of airline pilot Captain Sullenberger were important in mitigating the anxiety on these disasters?

Diagnosis with the diagnostic statistic manual : You decide to prepare for these interviews by reviewing some of the basics of assessment and diagnosis with the Diagnostic Statistic Manual IV (DSM-IV).

Explain how would one determine the opportunity cost : President Bill Clinton assigned his wife the task of developing a national health insurance plan to increase the availability of medical care for the poor. Explain how would one determine the opportunity cost of the proposal.

Bonds payable and journal entries : On June 1, 2007, Rehman, Inc. issued $600,000, 6% bonds for $587,640, which includes accrued interest. Interest is payable semiannually on February 1 and August 1 with the bonds maturing on February 1, 2017. The bonds are callable at 102.

User Account

All Pages