Compute model by using the graphical linear pro- gramming, Operation Management

Assignment Help:

The Apex Television Company has to decide on the number of 27" and 20" sets to be produced at one of its factories. Market research indicates that at most 40 of the 27" sets and 10 of the 20" sets can be sold per month. The maximum number of work-hours available is 500 per month. A 27" set requires 20 work-hours and a 20" set requires 10 work-hours. Each 27" set sold produces a profit of $120 and each 20" set produces a profit of $80. A wholesaler has agreed to purchase all the television sets produced if the numbers do not exceed the maxima indi- cated by the market research.E* a.Formulate and solve a linear programming model for this problem on a spreadsheet. b.Formulate this same model algebraically. c.Solve this model by using the Graphical Linear Pro- gramming and Sensitivity Analysis module in your Interactive Management Science Modules to apply the graphical method.


Related Discussions:- Compute model by using the graphical linear pro- gramming

What kind of financial ratio might provide insight, Mary Ann has always lov...

Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing cateri

Explain personal and professional lives, How can you see the integration an...

How can you see the integration and the modern management theory integrated into your own personal and professional lives? Pick only one theory for there are hundreds

Explain how can data mining be used to accomplish objective, Your company w...

Your company wants to increase revenues from its existing customers. How can data mining be used to accomplish his objective?

Benefits of e-business, Benefits of E-Business There are many benefits...

Benefits of E-Business There are many benefits claimed for e-business, including: 1.      Increased capacity 7 days, 24 hours  2.      Reduced transaction costs/ cost of

Explain drum-buffer-string, According to Elyahu Goldratt, the TOC system us...

According to Elyahu Goldratt, the TOC system uses a scheduling approach called _____. drum-buffer-rope drum-buffer-string drum-rope-buffer drum-buffer-line

Develop your major negotiation temperaments, Today, you have a meeting with...

Today, you have a meeting with one of the Humanitarian workers (Latisha Jones) concerning raising awareness for drunk driving in your local community. This is the fifth time that y

Facility layout, critic facility layout of an organisation

critic facility layout of an organisation

Explain best time for performance appraisal, Is there one best time for per...

Is there one best time for performance appraisal? Explain

Explain market demographics to effectively segment, Measurement of customer...

Measurement of customer engagement through the feedback process helps the organization in all of the following EXCEPT- discover customer perceptions of how well the organization

Project network , Heckman of Saul and Saul Consultants has get a request fr...

Heckman of Saul and Saul Consultants has get a request from Deborah, the head of Human Resources, to make an interactive icon-and-menu-driven software package to be used by the adv

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