Explain formulate and solve a linear optimization model, Operation Management

Assignment Help:

Klein Industries manufactures three air compressors: small, medium, and large, which have unit profits of $20.50, $34, and $42 respectively. The monthly projected sales of small are a minimum of 14,000 and a maximum of 21,000. Projected sales for medium is projected to be at least 6200 with a maximum of 12500. And large is projected to have a minimum of 2600 and a max of 4200. Production is complete in three steps time is given per minute. Bending and forming; small 0.4+ medium 0.7 + large 0.8 is less than or equal to 23,400 minutes. Welding; small 0.6 + medium 1 + large 1.2 is less than or equal to 23,400 minutes. Painting; small 1.4 + medium 2.6 + large 3.1 is less than or equal to 46,800 minutes. Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information.


Related Discussions:- Explain formulate and solve a linear optimization model

Explain the consumers have a high debt-to-income ratio, In the U.S., consum...

In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because a. of steady supply of loanable funds in the economy dur

Find the probability that both service clerks are busy, Discounts Wholesale...

Discounts Wholesale Club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every six minutes. The service time at

What are some of the advantages or disadvantages of members, Define the use...

Define the use of regional trade organizations in international business. Identify the Regional Trade Organization of which the United States is a member. What are some of the adva

Explain the new optimal solution, Consider the following linear program: Ma...

Consider the following linear program: Max 1A + 1B s.t. 5A + 3B ?15 3A + 5B ? 15 A, B ? 0 a. What is the optimal solution for this problem? b. Suppose that the objective function i

Explain problem when a new drug is introduced to the market, What capacity ...

What capacity problems are encountered when a new drug is introduced to the market?

Explain in detail important element and undercharged, Please explain in det...

Please explain in detail what you would do any why for the following scenario: You have just finished a large scope of work and an important subcontractor has sent you her bill. Up

Order winning and order qualifying criteria, 1. What you think might be the...

1. What you think might be the order winning and order qualifying criteria for: McDonald's, Southwest Airlines and a university?  Answer:

Explain negotiating pay and benefits, Use the internet to research how an i...

Use the internet to research how an interviewee or a current employee might negotiate better pay and/or benefits. Consider using a search term like "negotiating pay and benefits" o

Explain situational or behaviorial interview, Contrast an unstructured with...

Contrast an unstructured with a situational or behaviorial interview. Also, discuss how an organization might improve the reliability and validity of the interview

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