Bottleneck for each product, Mathematics

Assignment Help:

 A company makes 2 products, Product A and Product B. The product characteristics are shown in the following table.

Product

A

B

Price ($/unit)

$800

$1,000

Cost of materials ($/unit)

$200

$250

Cost of labor ($/unit)

$150

$200

Market demand per week (units)

200

150

 

The products are fabricated and assembled in four different workstations (W, X, Y, Z). Every workstation is available for 60 hours a week and there is no setup time required when shifting from the production of 1 product to any other. The processing requirements to make one unit of every product are shown in the table.


Processing time (min/unit)

Workstation

Product A

Product B

W

8

12

X

9

12

Y

10

20

Z

5

8

 

a)      Using the traditional method, which refers to maximizing the contribution margin per unit for every product, what is the optimal product mix and resulting profit?

b)      Using the bottleneck method, which refers to maximizing the contribution margin per minute at the bottleneck for every product, what is the optimal product mix and resulting profit?

 


Related Discussions:- Bottleneck for each product

What is the value of tan in terms of sin, What is the value of tan? in term...

What is the value of tan? in terms of sin?. Ans:    Tan ? = S i n ?/ C os ? Tan ? = S i n ? / √1 - S i n   2?

Mathematics Warm-Ups for CCSS, Ask question #Minimum 100 words accepted wha...

Ask question #Minimum 100 words accepted what is a ratio

Proper fractions, find all the kinds of fraction and give an 10 examples.

find all the kinds of fraction and give an 10 examples.

Innovation, In the innovations algorithm, show that for each n = 2, the inn...

In the innovations algorithm, show that for each n = 2, the innovation Xn - ˆXn is uncorrelated with X1, . . . , Xn-1. Conclude that Xn - ˆXn is uncorrelated with the innovations X

Progressions, The sum of the series 1+1/2+1/4,..is

The sum of the series 1+1/2+1/4,..is

Right angle trigonometry, use the Pythagorean Theorem to find the length of...

use the Pythagorean Theorem to find the length of the missing side. Then find the indicated trigonometric function of the given angle. give an exact answer with a rational denomina

Absolute value, Consider x € R. Then the magnitude of x is known as it's...

Consider x € R. Then the magnitude of x is known as it's absolute value and in general, shown by |x| and is explained as Since the symbol   always shows the nonnegative

Problem, a mixture of 40 liters of milk and water contains 10% water.how mu...

a mixture of 40 liters of milk and water contains 10% water.how much water should be added to this so that water my be 20% in the new mixture

Algebra 1, the equation of a line that passes through (-3,4) and is perpend...

the equation of a line that passes through (-3,4) and is perpendicular to the line y= -3x + 1 Also Graph the inequality: -3x + y And Use -4.9t(4.9t) + 10t + 1.5 to create a fu

Shares and dividend, want to make an assignment on shares and dividend for ...

want to make an assignment on shares and dividend for class 10

Write Your Message!

Captcha
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