Two types of plastic parts used for electronics

Assignment Help Operation Management
Reference no: EM132089674

A plastic part supplier produces two types of plastic parts used for electronics. Type 1 requires 30 minutes of labor and 45 minutes of machine time. Type 2 requires 60 minutes of machine hours and 75 minutes of labor. There are 600 hours available per week of labor and 800 machine hours available. The demand for custom molds and plastic parts are identical. Type 1 has a profit margin of $25 a unit and Type 2 has a profit margin of $45 a unit. The plastic parts supplier must choose the quantity of Product A and Product B to produce which maximizes profits.

(a) Formulate this as a linear programming problem.

(b) Find the solution that gives the maximum profit using QM for Windows or Excel.

Reference no: EM132089674

Questions Cloud

Draw feasible region and objective function for the model : Draw the feasible region and objective function for the model. Show the optimal solution and optimal value.
You may assume that negligible number of tenants break : You may assume that a negligible number of tenants break their lease in the first 18 months.
Why is it that each person interprets ideas : Why is it that each person interprets ideas very differently how does that happen when reading mission and vision statements
Job descriptions are written for positions : Why is the statement, "job descriptions are written for positions, not people" important?
Two types of plastic parts used for electronics : A plastic part supplier produces two types of plastic parts used for electronics.
Forward integration and backward integration strategies : Discuss Integration Strategies focusing on Forward Integration and Backward Integration strategies.
Analyze the capacity of the process : Circuit Board Fabricators, Inc. is a small manufacturer of circuit boards located in California near San Jose. Analyze the capacity of the process.
Discuss product components that will reinforce positioning : Discuss product components that will reinforce this positioning (brand, quality, packaging, etc.)
Effective management provide better business environment : How can effective management provide a better business environment that benefits all parties, including employees, employers, and customers?

Reviews

Write a Review

Operation Management Questions & Answers

  What does your evidence really show

The purpose of the Week 5 Final Essay assignment is to compose a final essay that is clearly focused, fully developed, and logically organized.

  Mortgage debt-bank proceeded to foreclose mortgage

Arkin, the owner of Redacre, executed a real estate mortgage to the Shawnee Bank and Trust Company for $100,000. After the mortgage was executed and recorded, Arkin constructed a dwelling on the premises and planted a corn crop. After Arkin defaulted..

  Create a business report profiling this company

Analyze import and export statistics for this company's product sector including data on the entire sector, and on the company itself.

  Planning or implementation of strategy led to the problems

What apparent mistakes in either the planning or implementation of strategy led to the problems?

  What is mental accounting

Learning how and when you are prey to these discrepancies is an important step in improving your decision making.

  Team effectiveness should have all three components

Do you agree that team effectiveness should have all three components? If you had to eliminate one of the components, which do you think should be removed? Why

  Benefits associated with moving a business unit

What are the drawbacks and benefits associated with moving a business unit and corporate HQ to another country

  Techniques for maintaining participant interest in training

Conduct research to identify techniques for maintaining participant interest in training.

  Calculate casello total stockholders equity

At what annual rate would the following have to be invested? $1,463, to grow to $29,674, in 23 years. Calculate Casello’s total stockholders’ equity.

  An analyst has timed metal-cutting operation

An analyst has timed a metal-cutting operation for 50 cycles. The average time per cycle was 10.7 minutes, and the standard deviation was 1.20 minutes for a worker with a performance rating of 133 percent. Assume an allowance of 15 percent of job tim..

  What assumption about the population distribution

A bank located in a commercial district of a city had the business objective of improving the process for serving customers during the noon-to-1:00PM lunch period.  At the 0.05 level of significance, is there evidence that the population mean waiting..

  Most important in determining internal alignment

Carefully study Internal Alignment. What are some of the factors that are most important in determining internal alignment?

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