User Account

All Pages

Identify and label feasible region

Assignment Help Operation Management
Reference no: EM131718563

The Mason Wine Company produces two kinds of wine - Mason Blanc and Mason Merlot. The wines are produced in 1,000 - gallon batches. The profit for a batch of Blanc is $12,000 and the profit for a batch of Merlot is $9,000. The wines are produced from 64 tons of grapes that the company has acquired. A 1,000-gallon batch of Blanc requires 4 tons of grapes and a batch of Merlot requires 8 tons. However, the production is limited by the avaailability of only 50 cubic yards of storage space for aging and 125 hours of processing time. Each batch of each type of wine requires 5 cubic yards of storage space. The processing time for a batch of Blanc is 15 hours and the processing time for a batch of Merlot is 8 hours. The wine company will not produce more or less than the range of amounts demanded for each type. Demand for each type of wine is for at least 1 batch but is limited to not more than 7 batches. Company executives do not want to depend on just one type of wine so they have mandated minimum production levels of both types of wine. Specifically, at least 25% of total wine production must be Merlot. Likewise, at least 25% of the total wine production must be Blanc. Moreover, the amount of the Merlot produced should not be more than half of the total production. Also, the break-even point on profit is $54,000. Therefore, company requires that it must make at least $54,000 in profit to do better than just break even. The company wants to st the production levels, in terms of the number of 1,000-gallon batches of both the Blanc and Merlot wines to produce so as to earn the most profit possible. 1. Determine the optimal solution with the graphical solution method consisting of the following:

A. List all constraints.

B. Graph all constraints.

C. Identify and label feasible region.

D. On top of the graph of the feasible region, overlay contours of the objective function to determine and identify the optimizing direction.

E. Identify and label the corner containing the optimal solution.

F. Explain why the optimal solution is located at this corner.

Reference no: EM131718563

Questions Cloud

Is the packaging process capable : One day, the packet-filling process average weight drifts down to 42.0 grams. Is the packaging process capable?
What is the inventory holding cost for pair of shoes : What is the inventory holding cost (in $) for a pair of shoes that the firm purchased for $51?
What is the retailer average daily sales rate : Suppose a retailer turns its inventory of soda 49 times per year. What is the retailer's average daily sales rate?
What is the inventory holding cost for a bicycle seat : What is the inventory holding cost (in $) for a bicycle seat?
Identify and label feasible region : The Mason Wine Company produces two kinds of wine - Mason Blanc and Mason Merlot. Identify and label feasible region.
Social security may be gone in the future : Many experts believe that Social Security may be gone in the future.
What is self-control and why is it so important : According to the lectures, what is self-control and why is it so important?
Disclosure of possible fraud to parties : Disclosure of possible fraud to parties other than client's senior management-those charged with governance ordinarily is not part of auditor's responsibility
Generally liable for their employees torts : Since employers are generally liable for their employees' torts, why arent parents generally liable

Reviews

Write a Review

Operation Management Questions & Answers

  Researches your product or services target market

Select a local company and one of its products or services. Create a 1,400-word Discussion Guide for your selected product or service to be used during the course of a Focus Group that researches your product or services target market.

  Forms of financial returns and tangible services

Compensation refers to all forms of financial returns and tangible services and benefits employees receive as part of an employment relationship. Employees often perceive their compensation in different ways -- as a return in exchange for their labor..

  Light-skinned and dark-skinned people of the same race

The issue is whether color discrimination includes difference between light-skinned and dark-skinned people of the same race. Explain.

  Job order cost system facilitates understanding

Describe in your own words how a job order cost system facilitates understanding how much it cost to produce a given unit of product – for example, a machine or a house. In what way does it help management to know how much to charge, what kind of pro..

  Fairly new to the market of hotel industry

If you own an e-commerce website and are fairly new to the market of hotel industry

  The source of law for handling labor disputes

The source of law for handling labor disputes.

  Global economy impacts the implementation of HRM function

The global economy impacts the implementation of the HRM function in multi-national organizations to achieve organizational goals. The strategic management planning process affects the contribution of an organization's HRM policies and practices to a..

  Queuing

Pharma Dev develops and markets new technological products to be used in health care. The development of a new product operates as follows: when a new technology meets the requisite market potential, a new patent is filed. Patents are granted for a p..

  Crime victim versus victim of social-public health problem

How is the victimization experience different or similiar for a crime victim versus a victim of a social and public health problem?

  Complete project business case-project proposal

As discussed, please complete the project business case/project proposal for your project. This document is to be completed as if you were the Project Sponsor. Briefly describe the Need or Problem driving the proposed project Proposed Solution

  Is advertising pointless

In the past decade, actions to protect consumers have increased. For example, the Sarbanes-Oxley Act of 2002 rose out of the Enron debacle; Edward Snowden, an ex-CIA computer technician, became a high profile "whistleblower" reporting U.S. surveillan..

  Review the surgeon general''s vision for a healthy

Identify the Final Research Paper topic. What influenced you to make this choice? Describe your rationale for selecting that topic in relation to your academic and career pursuits.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd