Inc produces chairs and tables

Assignment Help Operation Management
Reference no: EM13843223

Inc produces chairs and tables. The profit for a chair is $200 and the profit for a table is half as much as for a chair. The firm is limited by its total available labor hours and limits on each product. The total labor hours per week are 5,000. Chairs take 5 hours of labor and a table takes 7 hours. No more than 700 chairs or 500 tables can be sold.

Write the LP model for this problem.

Reference no: EM13843223

Questions Cloud

What is short selling ? : What is short selling ?
Legality of programs and apps that block ads : What do you think about the availability / legality of programs and apps that block ads? Do you think that these should exist? How do you think businesses can overcome the existence of programs like AdBlock (such as with marketing strategies)
What will be the the loss value : 1500 FMV of silverware stolen from her Jane's home by a burglar on Oct. 12, 2014 , she had paid $14000 for the silverware in July 1,2005. She was reimburse $1500 by her insurance company. what will be the the loss value?
Using the fixed-time period inventory model : Using the fixed? time period inventory model, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time, 30 units of inventory on hand, a service probability of 98 percent, and a standard deviation of daily ..
Inc produces chairs and tables : Inc produces chairs and tables. The profit for a chair is $200 and the profit for a table is half as much as for a chair. The firm is limited by its total available labor hours and limits on each product. The total labor hours per week are 5,000. Cha..
Manufacturer guarantees that the tires : The wearout mileage of a Sparky All Whether is normally distributed with a mean of 25000 miles and a standard deviation of 2300 miles. If manufacturer guarantees that the tires last at least 23850 miles, what percentage of tires will live up to the..
Making part with an average weight : Consider a process that has been making a part with an average weight of 24.5 ounces and an average range of 1.2 ounces for groups of size 4. Suppose further that the workers have made an x?bar chart using groups of size 4.
The text presents three demand forecasting models : The text presents three demand forecasting models. The concept of collaborative planning, forecasting, and replenishment (CPFR) is also briefly presented. Discuss how these two concepts form just one aspect of a true integrated logistics process. Wha..
Prepare the journal entry to record the issuance of the bond : Prepare the journal entry to record the issuance of the bonds on July 1, 2014. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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