Linear programming model

Assignment Help Business Management
Reference no: EM131071571

A lumber company operates a sawmill that converts timber to lumber or plywood. A marketable mix of 1000 board feet of lumber products requires 1000 board feet of spruce and 4000 board feet of Douglas r. Producing 1000 square feet of plywood requires 2000 board feet of spruce and 4000 board feet of r. The company's timberland yields 32,000 board feet of spruce and 72,000 board feet of r each season.

Sales commitments require that at least 5000 board feet of lumber and 12,000 board feet of plywood be produced during the season. The prot contributions are $45 per 1000 board feet of lumber and $60 per 1000 square feet of plywood.

a) Express the problem as a linear programming model.

b) Graph the problem and indicate the optimal solution on the graph.

Reference no: EM131071571

Questions Cloud

Identify trend-technology or entertainment mode : Identify a trend, technology, or entertainment mode or design that is likely to alter the way in which a business is conducted in the future and which of the seven dimensions of the general environment will this affect?
Find the marginal revenue function : The demand equation for a certain type of product is given by the formula p=200e^(-0.1q) where p is the price in dollars and q is the quantity sold per month. Find the Revenue Function (in terms of quantity). Find the Marginal Revenue function (in te..
Differentiate based on higher service levels : As lower cost countries vie to receive sourcing opportunities, traditional outsourcing countries (e.g. India) will need to differentiate based on higher service levels and an ability to move up the value chain
Estimates of the intercept coefficient : A researcher is using data for a sample of 274 male employees to investigate the relationship between hourly wage rates Yi (measured in dollars per hour) and firm tenure Xi (measured in years). Preliminary analysis of the sample data produces the fol..
Linear programming model : a) Express the problem as a linear programming model. b) Graph the problem and indicate the optimal solution on the graph.
Discuss the meaning of negotiable instruments : Discuss the meaning of negotiable instruments and explain the characteristics of negotiable instruments
Government should charge drivers for imposing externality : Use the case of traffic congestion to explain how we can actually measure the monetary value of an externality. Do you think the government should charge drivers for imposing this externality? Discuss.
What legal options and perhaps liabilities hauser have : Question What legal options and perhaps liabilities/remedies does Wolfgang Hauser have in the case in each of the following instances and based on the above facts
Labels of containers holding hazardous chemicals : What are the information that must appear labels of containers holding hazardous chemicals?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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