Write objective function and labor hours

Assignment Help Operation Management

Reference no: EM13215519

1. Apply linear programming to this problem. A firm wants to determine how many units of each of two products (products D and E) they should produce to make the most money. The profit in the manufacture of a unit of product D is $300 and the profit in the manufacture of a unit of product E is $97. The firm is limited by its total available labor hours and total available machine hours. The total labor hours per week are 3,000. Product D takes 6 hours per unit of labor and product E takes 8 hours per unit. The total machine hours are 4,000 per week. Product D takes 10 hours per unit of machine time and product E takes 4 hours per unit.

Required:
Write objective function and labor hours and machine hours constraints.

2. There are two products of a company
Product A: Profit=$500, Cost=$200
Product B: Profit=$400, Cost= $150
If labor hrs. are 1000, product A requires 5 labor hrs, and product B requires 7 labor hrs.
If Assembly hrs. are 1500, product A requires 10 assembly hrs, and product B requires 15 assembly hrs.
If profit is at least $200,000

Required:

Formulate Objective Function, Assembly Hours Constraint, Labor Hours Constraint, and Desired Profitability Equation.

Reference no: EM13215519

Questions Cloud

Is this a successful application of decision support systems : Computers are used in business to provide information and assist management in analyzing data to enhance decision-making. Based on your example, is this a successful application of Decision Support Systems?

Vision and mission statements : Why are vision and mission statements important to strategic development? How might leaders and managers view and use vision and mission statements differently?

Explain a trend assesment of the company financial statement : Want to compare my stats with a financial professional. Draft a trend assesment of the company financial statements. (My company is Amgen, the biopharmaceutical company).

Attempts to measure skills-abilities or traits : Considering how employers and fellow team members might use this instrument at work. Is this test reliable? Is it valid? What are the potential benefits and drawbacks of a test that attempts to measure skills, abilities, or traits?

Write objective function and labor hours : Write objective function and labor hours and machine hours constraints and formulate Objective Function, Assembly Hours Constraint, Labor Hours Constraint, and Desired Profitability Equation.

Compute the product margins for the ex300 and tx500 : The company has created an activity-based costing system to evaluate the profitability of its products. PMI's ABC implementation team concluded that $57,000 and $101,000 of the company's advertising expenses could be directly traced to EX300 and T..

What can you conclude about the sigma level : The caf manager wants to ensure that the coffee temperature in each cup meets established federal guidelines of 160 to 180 degrees fahrenheit. Based on the information provided,what can you conclude about the sigma level?

Fundamental elements of shearwater adventures : What are the fundamental elements of Shearwater Adventures’ strategy in 2006? Which of the five generic competitive strategies do you believe Shearwater is pursuing?

What are some of samsungs greatest competitive strengths : Samsung's goal of $400 billion in sales by 2020 would bring it to the same level as walmart? is this possible?why or why not

User Account

All Pages