Mathematically formulate a linear optimization model

Assignment Help Operation Management

Reference no: EM131040950

Business Analytics 2nd edition, James R. Evans Chapter 13 Problem 5

Burger Office Equipment produces two types of desks, standard and deluxe. Deluxe desks have oak top and more-expensive hardware and require additional time for finishing and polishing. Standard desks require 70 board feet of pine and 10 hours of labor, whereas deluxe desks require 60 board feet of pine, 18 square feet of oak, and 15 hours of labor. For the next week, the company has 5,000 board feet of pine, 750 square feet of oak, and 400 hours of labor available. Standard desks net a profit of $225, and deluxe desks net a profit of $320. All desks can be sold to national chains such as Staples or Office Depot.

a. Identify the decision variables, objective function and constraints in simple verbal statements.

b. Mathematically formulate a linear optimization model.

Reference no: EM131040950

Questions Cloud

Outline the steps in the design of a quality control system : Outline the steps in the design of a quality control system. These steps can be found in narrative form within section 9.1 of your textbook. Discuss how the steps can lead to higher efficiency in an organization.

Discuss at length the pre-disaster impact assessment process : Discuss at length the pre-disaster impact assessment process. Then identify and discuss the seven types of impact conditions that must be considered in a pre-disaster assessment process. In your opinion, which of these impacts is the most critical co..

Assure safe working environment for female employees : As a Human Resources (HR) manager, you have noted an extremely low number of women currently at any level of management within the company. In addition, you have noticed a disproportionate number of women have left the company over the past year. Wha..

What was the leaders greatest achievement : Many names have been recognized as notable business leaders. Steve Jobs, Bill Gates, Elon Musk, Mark Zuckerberg, Jack Welch, and Colleen Barrett are all leaders identified for their unique approach to leading people. Discuss which leadership theory b..

Mathematically formulate a linear optimization model : Burger Office Equipment produces two types of desks, standard and deluxe. Deluxe desks have oak top and more-expensive hardware and require additional time for finishing and polishing. Identify the decision variables, objective function and constrain..

How their theories relate to project management : Briefly summarize the works of Maslow Herzberg Mcclelland Mcgregor Ouchi Thamhain And Wilemon And convey how their theories relate to Project Management?

Identify industry that is undergoing intense competition : Identify an industry that is undergoing intense competition or is being featured in the busines press. Discuss how scenario planning might be used by competitors to prepare for future events. Can some industries benefit more than others from this typ..

Find the optimal solution using dynamic programming : A company produces two products. The unit profit of product 1 is $8 and that of product 2 is $7. The products need to go through two manufacturing processes. The daily capacity of for processes 1 is 8 hours and for process 2 is 15 hours. Product 1 re..

Sales forecasting-momentum forecasting-demand forecasting : Looking at these types of modeling: Sales forecasting, Momentum forecasting, and Demand forecasting what is one industry you think might be more hesitant to adopt such practices, yet might benefit greatly from it?

User Account

All Pages