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

Fractions, what the answer to 1/4+1/3=3/12=?

what the answer to 1/4+1/3=3/12=?

Graph, Now we need to discuss graphing an equation. The first question whic...

Now we need to discuss graphing an equation. The first question which we have to ask is what accurately is a graph of an equation?  A graph is the set of all the ordered pairs whos

Design an automaton that accepts only even numbers, Design an automaton tha...

Design an automaton that accepts just only even numbers of 0s and even number of 1's. Ans: The needed automata that accepts even number of 0's and even number of 1's is specifi

Solving multi step equations, can you help me? cause im in 7th grade advanc...

can you help me? cause im in 7th grade advanced math and tomorrow I have a test tomorrow and I don''t get this

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?

Prove the arithmetic progressions equation, Prove that a m + n + a m - n ...

Prove that a m + n + a m - n  =2a m Ans:    a m + n = a 1 + (m + n - 1) d a m-n = a 1 + (m - n -1) d a m = a 1 + (m-1) d Add 1 & 2 a m+n + a m-n  =

.fractions, what is the difference between North America''s part of the tot...

what is the difference between North America''s part of the total population and Africa''s part

Describe real numbers, Q. Describe Real numbers? Ans. There are a ...

Q. Describe Real numbers? Ans. There are a few different ways to describe real numbers. Without going into any of the very technical definitions used by mathematicians, I'

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