Monthly production capacity

Assignment Help Business Management
Reference no: EM13983342

Outdoor Inn, a camping equipment manufacturer in southern Utah, is developing a production schedule for a popular type of tent, the Double Inn. Orders have been received for 180 of these to be delivered at the end of this month, 220 to be delivered at the end of next month, and 240 to be delivered at the end of the month after that. This tent may be produced at a cost of $120, and the maximum number of tents that can be produced in a month is 230. The company may produce some extra tents in one month and keep them in storage until the next month. The cost for keeping these in inventory for 1 month is estimated to be $6 per tent for each tent left at the end of the month. Formulate this as an LP problem to minimize cost while meeting demand and not exceeding the monthly production capacity.

Solve it using any computer software.

Reference no: EM13983342

Questions Cloud

Explain how it has affected your own life and career : Discuss either the Information Age or Globalization and explain how it has affected your own life and career.
What is the net cash now at time 0 if the old equipment is : What is the net cash now at time 0 if the old equipment is replaced"! What are the incremental cash flows in Years 1, 2, and 3. What are the NPV and IRR of the replacement project? What is the NPV of the replacement project"! For this part, assume th..
How has it influenced health care : In the space provided after each term's definition, provide an explanation that illustrates the importance of the skill, concept, procedure, organization, or tool to which the term refers. In your explanation, you may wish to consider the followin..
What is current through the circuit after the switch : An LR circuit is hooked up to a battery as shown in the figure, which the switch initially open. The resistance in the circuit is R = 110 Ohm, the inductance is L=4.80H, and battery maintains a voltage of E=47.0V. At time t=0 the switch is closed...
Monthly production capacity : The cost for keeping these in inventory for 1 month is estimated to be $6 per tent for each tent left at the end of the month. Formulate this as an LP problem to minimize cost while meeting demand and not exceeding the monthly production capacity.
Measure in the field of social insurance : Employee's State Insurance Act is a pioneering measure in the field of social insurance of our country
Interested in unionization : What changes in the environment or the company might lead Lincoln Electric's employees to become more interested in unionization? How likely do you think such changes are to occur?
Finding a nursing home for an elderly family member : Imagine that you are faced with finding a nursing home for an elderly family member. What are some things that you should look for when choosing a quality nursing home
What price does jefferson charge per unit : At the break-even point, Jefferson Company sells 115,000 units and has fixed cost of$349,600. The variable cost per unit is $4.56. What price does Jefferson charge per unit? Sooner Industries charges a price of $120 and has fixed cost of $458,000. Ne..

Reviews

Write a Review

Business Management Questions & Answers

  What are some examples of climatic influence on business act

What are some examples of climatic influence on business activity? What are some examples of topographical influences on business activity? How would you adapt your global business operations to climatic and topographical influences? What are some ke..

  Introduction to business class last semester

she reminds you of your habit of reading an entire Harry Potter book at the local bookstore without paying for the book. Which ethics-based question would be most helpful in evaluating these situations?

  Evaluation of five different leadership stylesrita is a new

evaluation of five different leadership stylesrita is a new recruit at truien consultancy. at her last job she acquired

  Hong kong summer abroad,

hong kong summer abroad, and the course is"the history of hong kong" Germany summer abroad,th course is"Berlin Between East and West" Italy summer abroad, the course is:Italian Regional Foodways and Culture" Spain summer abroad, the course is:"Introd..

  Describe balloon mortgage

What can go wrong? However, when 5 years pass you realize you agreed to a balloon mortgage, and the rest of that loan is due right now. How much do you need to pay for your final (60th) payment?

  Develops and field tests an assessment tool in a localized

Develops and field tests an assessment tool in a localized setting

  Investigate comfort fall within this framework

Where would investigate comfort fall within this framework. Does your topic fill in a gap in the research. Elucidate how does it relate to the existing literature you have found.

  You purchase parts from three different countries and

you purchase parts from three different countries and receive them all in your factory in the u.scontrol chip

  Organizational structure-culture-power and politics

Q1. - Analyze the influence of organizational structure on behavior. Q2. - Analyze the influence of organizational culture on behavior. Q3. - Analyze the influence of power and politics on behavior.

  Technology affect on organization''s strategy

Discuss the technology affect on organization's strategy.

  Develop the management-research question hierarchy

develop the management-research question hierarchy for the management dilemma

  What is the international accounting standards board

What is the International Accounting Standards Board (IASB)? What does it do? Why was it created? Is it effective? What suggestions for improvement do you have?

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