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 what are the issues of management does google needs, What are the i...

What are the issues of management does Google strategy 2010 needs to address? How could they be analysed and evaluated?

Discuss the main sources of errors in person perception, Question 1: (a...

Question 1: (a) Define personality? (b) (i) Outline the six Occupational Personality Types of Holland's Theory of Personality-Job-Fit. (ii) Explain the relationships amon

Describe what options does jane have, Incident 2.2 what options does Jane h...

Incident 2.2 what options does Jane have? What influence, if any, would the federal government have in this case?

Explain planning of the project, You have been appointed as a project manag...

You have been appointed as a project manager for a high dollar project for the private sector and you have been asked by your boss to identify the stakeholder groups and the indivi

Explain theory x, Explain Theory 'X'. These theory is place forward by ...

Explain Theory 'X'. These theory is place forward by Douglas McGregor. It is based upon the management thinking containing certain assumptions about human nature and human beha

Explain credit union as opposed to a bank, Jo maintained a checking account...

Jo maintained a checking account at Second Bank. In April, the bank sent her a statement of her account for March, accompanied by the checks that the bank paid. Jo realized that on

Explain group that provides financial resources, The project sponsor is the...

The project sponsor is the person or group that provides financial resources, in cash or in kind, for the project.

Stepping stone methods, Stepping Stone Methods : This is a procedure  ...

Stepping Stone Methods : This is a procedure  of determining the optimal if any for improving  each  of the non basic  variables  in terms of the objective function. To determ

Explain the marginal productivity of additional firefighters, According to ...

According to the text there appear to be very limited opportunities for input substitution in the production of fire protection services. Which of the following is the most plausib

Employee empowerment, 6. What does employee empowerment mean in job design

6. What does employee empowerment mean in job design

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