Write objective coefficient ranges for three components

Assignment Help Basic Statistics

Reference no: EM13110313

Vollmer manufacturing produces three components for sale to refrigeration companies. Components are processed on two machines: shaper and grinder. Times (in minutes) required on each machine are as follows:

Component Machine

Shaper Grinder
1 6 4
2 4 5
3 4 2

Shaper is available for 120 hours, and grinder is available for 110 hours. No more than 200 units of component 3 can be sold, but up to 1000 units of each of other components can be sold. Actually, company already has orders for 600 units of component 1 which should be satisfied. Profit contributions for components 1, 2 and 3 are $8, $6, and $9 respectively.

a. Prepare and solve for suggested production qualities.
b. Write down the objective coefficient ranges for three components? Interpret these ranges for company management.

Reference no: EM13110313

Questions Cloud

Hypothesis testing mean lifetime of light bulbs : A manufacturer claims that the mean lifetime of its light bulbs is 55 months. The standard deviation of these lifetimes is 6 months. Twenty-two bulbs are selected at random, and their mean lifetime is found to be 56 months.

Hypothesis testing-one-tailed test : A rental agent claims that the mean monthly rent,u, for apartments on the east side of town is less than$725 . A random sample of 13 monthly rents for apartments on the east side has a mean of$714

Calculate the expected inventory turnover : The owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness.

What is the phenotype of the original parents : A fly with curly wings is mated with a fly that has straight wings. The curly-winged fly lays 350 eggs that hatch, make larvae, then pupae, then adult flies.

Write objective coefficient ranges for three components : Write down the objective coefficient ranges for three components? Interpret these ranges for company management.

Calculate average inventory level : Custom Computers, Inc. assembles custom home computer systems. The fan assemblies needed are bought for $24 each and are ordered in quantities of 1500 units.

One-tailed test for automobile assembly line operation : An automobile assembly line operation has a scheduled mean completion time,u , of 13.5 minutes. The standard deviation of completion times is 1.7 minutes.

Calculate the total annual cost and economic order quantity : A local nursery, Greens, uses 2184 bags of plant food annually. Greens works 52 weeks per year. It costs $8 to place an order for plant food.

Margin of error in claim majority : Suppose a recent poll of 1,000 people sets forth that 51% of Americans support the U.S. government's "War on Drugs." This poll is shown to have a margin of error of 2%.

User Account

All Pages