What is the objective function and decision variables

Assignment Help Operation Management
Reference no: EM13778880

MSA Computer Corporation manufacturers two models of minicomputers, the Alpha 4 and the Beta 5. The firm employs five technicians, working 160 hours each per month, on its assembly line. Management insists that full employment (i.e., all 160 hour of time) be maintained for each worker during next month’s operations. It requires 20 labor hours to assemble each Alpha 4 computer and 25 labor hours to assemble each Beta 5 model. MSA wants to see at least 10 Alpha 4s and at least 15 Beta 5s produced during the production period. Alpha 4s generate $1,200 profit per unit, and Beta 5s yield $1,800 each. Formulate a linear program that will enable MSA to determine the most profitable number of each model of minicomputer to produce during the coming month.

a) Define the decision variables.

b) What is the objective function?

c) Identify the constraints.

d) Use solver to identify the optimal number of Alpha 4s and Beta 5s to produce and the associated profit.

e) Obtain the Sensitivity Report .Interpret the Shadow Prices

Reference no: EM13778880

Questions Cloud

Identify and describe each of the five traits : Identify and describe each of the five traits included in the big five model: extroversion, agreeableness, conscienciousness, neuroticism, and openness to experience.
Determine the amount of expense to record : On January 1 the Prepaid Insurance account had a balance of $6,000 that represented 6 months' worth of advance payment. It is now the end of March and there have been no adjustments to the account balance. Determine the amount of expense to record..
What does the drug court do : What does the drug court do? Does the drug court hand out mandated sentences, or is participation voluntary? What legal rights can a participant expect to lose while he or she is in the drug court program
Explain strategies to support motor development in infants : Explain the Strategies to Support Motor Development and Learning in Infants and Toddlers.
What is the objective function and decision variables : MSA Computer Corporation manufacturers two models of minicomputers, the Alpha 4 and the Beta 5. The firm employs five technicians, working 160 hours each per month, on its assembly line. Management insists that full employment (i.e., all 160 hour of ..
What extent political ideology influences constitutional law : Read the dissenting opinions as well. Explore to what extent political ideology influences constitutional law. To support your points, identify specific examples in the language of both the decisions and the dissents
Who are classified as protected group employees : Write a two to three page paper responding to the following questions regarding protected group employees: Who are classified as protected group employees? In what ways must these employees be treated differently than non-protected group employees?
Part of the persuasion process issues : According to the guidelines of goal-setting theory, which of the following goals is likely to stimulate performance?
Discuss the influence of heredity : Nature and Nurture: What do twin studies tell us about nature/nurture? Also, discuss the influence of heredity in explaining the process of one's personality and intellectual development. Provide examples.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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