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 decimal is represented by point a on the number line, What decimal is ...

What decimal is represented by point A on the number line? The hash marks indicate units of 0.01 between 0.75 and 0.80. Point A is 0.77. See the ?gure below.

How many points did he score during his senior year, Michael scored 260 poi...

Michael scored 260 points during his junior year on the school basketball team. He scored 20% more points during his senior year. How many points did he score during his senior yea

Show that tan = 1/v3 , If 7sin 2 ?+3cos 2 ? = 4, show that tan? =   1/√3  ...

If 7sin 2 ?+3cos 2 ? = 4, show that tan? =   1/√3                      . Ans:    If 7 Sin 2 ? + 3 Cos 2 ? = 4 S.T. Tan?  1/√3 7 Sin 2 ? + 3 Cos 2 ? = 4 (Sin 2 ? + Cos 2 ?)

Integration, find the area bounded by the curve y=5x^2-4x+3 from the limit ...

find the area bounded by the curve y=5x^2-4x+3 from the limit x=0 to x=5

Evaluate the area and perimeter of a square, Evaluate the area and perimete...

Evaluate the area and perimeter of a square: Example: Calculate the area and perimeter of a square with a = 5´.  Be sure to include units in your answer. Solution:

Amy purchased 6 books how much did the books cost altogether, Amy purchased...

Amy purchased 6 books at $4.79 each. How much did the books cost altogether? Multiply 6 by $4.79; 6 × $4.79 = $28.74.

Find the equation for each of the two planes , Find the equation for each o...

Find the equation for each of the two planes that just touch the sphere (x - 1) 2 + (y - 4) 2 + (z - 2)2 = 36 and are parallel to the yz-plane. And give the points on the sphere

Ratios, the ratio of boys to girls in the sixth grade is 2:3 if there are ...

the ratio of boys to girls in the sixth grade is 2:3 if there are 24 boys, how many are girls?

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