Reference no: EM131192650
Klein Industries manufactures three types of portable air compressors: small, medium, and large, which have unit profits of $20.50, $34.00, and $42.00, respectively. The projected monthly sales are:
Small Medium Large
Minimum 14,000 6,200 2,600
Maximum 21,000 12,500 4,200
The production process consists of three primary activities: bending and forming, welding, and painting. The amount of time in minutes needed to process each product in each department is shown below:
Small Medium Large Available Time
Bending/forming 0.4 0.7 0.8 23,400
Welding 0.6 1.0 1.2 23,400
Painting 1.4 2.6 3.1 46,800
How many of each type of air compressor should the company produce to maximize profit?
a. Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information.
b. Solve the model without the auxiliary variables and explain the relationship between the reduced costs and the shadow prices found in part a.
|
Provide reasonable accommodation for employee disability
: Sidney worked for the post office as a letter carrier, but after Sidney had hip surgery, he was no longer able to do the work of a letter carrier that required extended periods of walking and lifting of moderately heavy loads. What does an employer h..
|
|
Delegation of religious leaders from the community
: You are the CEO of a large retail store. You have just completed a meeting with a delegation of religious leaders from the community who have indicated that they will recommend a boycott of your store to their parishioners if you go ahead with plans ..
|
|
Environmental testing client decides late in a project
: Due to the Bush Administration's relaxed EPA standard, an environmental testing client decides late in a project that the arsenic detection instrument included in the custom field labs they ordered is no longer needed. As project manager, what is you..
|
|
The law regarding pretexting is unclear
: The law regarding pretexting is unclear. While it is illegal when used to obtain financial records, the use of pretexting in other situations—such as the phone records in this example—was not necessarily against the law. Should it be?
|
|
Production manager explaining the sensitivity information
: Klein Industries manufactures three types of portable air compressors: small, medium, and large, which have unit profits of $20.50, $34.00, and $42.00, respectively. Formulate and solve a linear optimization model using the auxiliary variable cells m..
|
|
Define outbound telemarketing and inbound telemarketing
: Next, while telemarketing can be a difficult career, companies continue to utilize inbound and outbound telemarketing activities because they are effective and cost efficient. Web-driven service technologies offer ever-expanding modes of communicatin..
|
|
Two significant companies in the same industry
: The literature review for this assignment represents this additional research - the background information upon which you will base the picture you need to paint of your company for the final research paper. Identify a variety of scholarly and popula..
|
|
Contending-yielding-inaction-problem solving or compromising
: Conflict Mgmt & Negotiation: Best Practices in Negotiations There are varying viewpoints of negotiations. No one method may work for all situations. Briefly describe each approach (contending, yielding, inaction, problem solving or compromising). Exp..
|
|
How that affected the negotiation process and the outcome
: Could you provide an example of a cross-cultural negotiation event in which you have read about in the news. Using either Hofstede’s or Schwartz’s work; discuss which perspectives the parties were most likely coming from. And how that affected the ne..
|