Manufacturer of a particular product produces

Assignment Help Operation Management

Reference no: EM131466294

A manufacturer of a particular product produces x_1 units in the first week and x_2 units in the second week. The number of units produced in the first week must be at least 200. And the number of products produced in the second week must be at least 600, including first week products, to be able to supply the regular customers. The initial inventory is zero and the manufacturer ceases to produce the product at the end of the second week. The product cost of a unit in dollars, is given by 4x^2_i where x_i is the number of units produced in week i (i = 1, 2). In addition to the production cost, there is an inventory cost of $10 per unit for each unit produced in the first week that is not sold by the end of the first week. Solve the optimization problem using graphical optimization.

Reference no: EM131466294

Questions Cloud

Several large and many small competitors : The U.S. automotive industry is well established, with several large and many small competitors.

Small businesses play variety of important roles in society : Entrepreneurs and small businesses play a variety of important roles in society.

Assignment of burden of proof in communicating priorities : the assignment of burden of proof in communicating priorities and determining the outcome of disputes.

Management of information and privacy : Management of information and privacy. Instant communication and GPS tracking of employee movement/activity.

Manufacturer of a particular product produces : A manufacturer of a particular product produces x_1 units in the first week and x_2 units in the second week.

Organization a good prospective employer : In your opinion, what are some of the elements or factors that make an organization a good prospective employer?

What will be trend for future-flex-time-home employees : Managing Work/Life balance. How many hours should a manager work? What will be the trend for the future? Flex-time, home employees, job sharing etc

Lean production simplified : In the text book "Lean Production Simplified" it states,

Primitive jurassic period predating humankind : Pulitzer winner Thomas Friedman’s book, The World is Flat, explains that Globalization 1.0 is the primitive Jurassic period predating humankind.

User Account

All Pages