Linear programming model-define the variables

Assignment Help Operation Management
Reference no: EM131696627

The Metro Food Services Company delivers fresh sandwiches each morning to vending machines throughout the city. The company makes three kinds of sandwiches – ham and cheese, bologna, and chicken salad. A ham and cheese sandwich requires a worker 0.90 minutes to assemble, a bologna sandwich requires a worker 0.82 minutes, and a chicken salad sandwich requires a worker 1.00 minutes to make. The company has 4 workers available each night to assemble sandwiches (i.e. 1,920 minutes). Vending machine capacity is available for 2,000 sandwiches each day. The profit for a ham and cheese sandwich is 70¢ (i.e. $0.70), the profit for a bologna sandwich is 84¢, and the profit for a chicken salad sandwich is 74¢. The company knows from past sales records that their customers buy as many or more of the ham and cheese sandwiches than the other two sandwiches combined. But customers need a variety of sandwiches available, so Metro stocks at least 200 of each sandwich type. Metro management wants to know how many of each sandwich it should stock to maximize profit.

a) Formulate this decision question as a Linear Programming Model. Define the variables, write down the constraints and the objective function in mathematical (algebraic) terms (variables, inequalities, etc.).

b) Find the optimal solution using SOLVER.

Answer as many parts below as possible without re-running Solver. (do each part independently from the others) Use the SENSITIVITY REPORT whenever possible.

c) If Metro Food Services could hire another worker and increase its available assembly time by 480 minutes, or increase its vending machine capacity by 100 sandwiches, which should it do? How much additional profit would your decision result in?

d) What would the effect be on the optimal solution if the profit for a ham and cheese sandwich were increased to 80¢ to 90¢?

Reference no: EM131696627

Questions Cloud

Vroom expectancy theory argues : Vroom's Expectancy theory argues that an employee will perform to their capacity and to reach their goals
Cost structure affected billot operating leverage : Discuss how the change in the cost structure affected Billot’s operating leverage and how this affects profitability under rising or falling sales scenarios.
Contingency and integrative theories of leadership : In this course, we will cover trait, behavioral, contingency and integrative theories of leadership.
Entrepreneurial are all leadership styles : Autocratic, Participative, and Entrepreneurial are all leadership styles? If you were a manager, which leadership style would you use and why?
Linear programming model-define the variables : Formulate this decision question as a Linear Programming Model. Define the variables,
Statement in the context of quality management : EXplain and discuss the above statement in the context of quality management.
Less management is generally better than more management : What is your opinion of this statement - "Less Management is generally better than more management"
What is vertical integration in management : What is vertical integration in management and what are examples of it in Pirates of Silicon Valley
Hypothetical segmentation of the market : Perform a real or a hypothetical segmentation of the market using only one criterion/variable (demographic, psychographic or behavioural).

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