How many units of each product to produce per day

Assignment Help Operation Management
Reference no: EM131869685

The N. Dustrious Company produces two products: I and II. The raw material requirements, space needed for storage, production rates, and selling prices for these products are given in Table 1.

The total amount of raw material available per day for both products is 1575 lb. The total storage space for all products is 1500 ft2, and a maximum of 7 hours per day can be used for production. All products manufactured are shipped out of the storage area at the end of the day.

Therefore, the two products must share the total raw material, storage space, and production time.

Define variables and formulate a linear programming (LP) model to determine how many units of each product to produce per day to maximize its total income.

You don't need to solve your LP model, just formulate it.

1052_table.jpg

Reference no: EM131869685

Questions Cloud

Discuss the elements of franchising business arrangement : Identify and describe at least three potential advantages and at least three potential disadvantages of a franchised business relationship.
Can you offer other factors that can contribute : In James Brown article,he describes two key factors, time and low thresholds set by the project sponsor caused bad estimates.
What is the cycle time of the two-stage process : There is a total of eight manicurists. The average time for a manicure is 22 minutes regardless of the manicurist providing it.
Describe briefly the life and character of muhammad : Describe briefly the life and character of Muhammad, noting especially his call and role as the last prophet of God.
How many units of each product to produce per day : Define variables and formulate a linear programming (LP) model to determine how many units of each product to produce per day to maximize its total income.
How did the technologies of cinchona bark : Of the many technologies of imperialism, how did the technologies of cinchona bark and maps enable the success of European imperial ventures?
Determine what type of robber committed this offense : You studied violent crimes. The scenario depicted a violent crime that had taken place. That crime was a robbery.
Calculate the five-month moving average : Exponential smoothing with a smoothing constant equal to .20, assuming a March forecast of 17(000).
What opinions each of women might have on role women play : Biographical information for each woman. What opinions each of the women might have on the role the women should play in society during their lifetimes.

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