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 because the confidence interval includes zero, A study was done to ...

A study was done to examine whether the perception of service quality at hotels differed by gender. Hotels were randomly selected to rate service items on a 50point scale. The sum

Explain mission and vision statement, What is the difference between a miss...

What is the difference between a mission and vision statement. Discuss why mission statements are important in performance improvement and why a solid mission statement (describing

Function of dispatching, Function of Dispatching Under dispatching the ...

Function of Dispatching Under dispatching the following functions are included: 1. Assignment of work to individual machines or work places and men, 2. Movement of materi

Explain path for data between two points on a network, Name 3 factors that ...

Name 3 factors that a router must consider when determining the best path for data between two points on a network?

Explain important terms of the factories act 1948, Explain important Terms ...

Explain important Terms of the factories act 1948. Important Terms of act: (a) Factory:  A place wherein ten or more persons are working and wherein a manufacturin

Explain business-to-business and customer-to-business, If Bill decides to e...

If Bill decides to enter the world of ecommerce, which of the ecommerce models (business-to-business, customer-to-business, business-to-customer, or customer-to-customer) would you

Explain guidelines for how management should be treating emp, Which of the ...

Which of the following responsibilities do human resource managers fulfil in their role as employee advocates? A) provide support for employees contesting unfair practices B) provi

Explain pipeline transportation system for treated water, The network in fi...

The network in figure below shows the pipeline transportation system for treated water from the treatment plant (node 1) to a city water supply system (node 14). The arc capacities

External factors - factor affecting productivity improvement, External Fact...

External Factors - Factors Affecting Productivity Improvement As was previously stated, the organisation has no direct control over external factors, be they government policy

Define construct the linear programming model, A farmer has 10 acres to pla...

A farmer has 10 acres to plant in wheat and barley. He has to plant at least 7 acres. However, he has only $1200 to spend and each acre of wheat costs $200 to plant and each acre o

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