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

What kinds of gatekeepers in the organization required, What kinds of "gate...

What kinds of "gatekeepers" in the organization might be especially helpful to you in your position as a department supervisor?

Explain the way of clear communication, On a recent trip to India, Mr. Yang...

On a recent trip to India, Mr. Yang, a prominent Chinese executive, dined with his client Himanshu Jain. Mr. Yang commented that the food was spicy, which Mr. Jain interpreted as a

Explain how important is the compensation system, How the compensation syst...

How the compensation system influences employees motivation, productivity and satisfaction. How important is the compensation system in an employee's productivity? Are there other

Define the role of supply networks, Q. Define the role of supply networks. ...

Q. Define the role of supply networks. The role of supply networks is defined as given below: a. To assist the corporate and competitive strategy b. Speed up ordering, pa

Explain a leader who is self-centred, The dimensions describes a leader who...

The dimensions describes a leader who is self-centred, conflictual, and status conscious

Explain which of the four do you believe are the most effect, Griffin cites...

Griffin cites that there are four methods of reinforcement to maintain proper behaviour at the work place. What are they and are they used at your current/former workplace? Which o

Explain bebts, Champ Sports Corporation buys the assets of Delta Athletic C...

Champ Sports Corporation buys the assets of Delta Athletic Corporation. Champ continues Delta's business and retains the same personnel. Is Champ liable for Delta's debts?

Explain the problems associated with performance measurement, Question 1: ...

Question 1: The objective of Government organizations is not for profit. Explain the problems associated with performance measurement in not for profit organisations and ho

LINE BALANCING, What do you understand by “line balancing”? What happens if...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

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