Explain terms labor, Operation Management

Assignment Help:

The Stone Company produces three sizes of window fans: small, medium, and large. The manager has formulated an LP model for fan production: maximize 6 x1 + 8 x2 + 5 x3 (profit) subject to Labor 3 x1 + 4 x2 + 5 x3 ? 160 hours Metal 1 x1 + 2 x2 + 3 x3 ? 100 pounds Plastic 2 x1 + 2 x2 + 2 x3 ? 110 pounds Large fan x3 3 ? 18 x1, x2, x3 ? 0 Briefly explain or define each of these parts of the model: d. The terms labor, metal, and plastic


Related Discussions:- Explain terms labor

Analyzing a current om technique, What is the problem, opportunity, or chal...

What is the problem, opportunity, or challenge addressed in the article?  Executive Summary Manipal Hospital is situated in Bangalore, known as the Garden city of India.

Determine the optimal order size and total inventory cost, Case Study: ...

Case Study: The ePoint Store stocks paint in its warehouse and sells it online on its Internet Web site. The store stocks several brands of paint; however, its biggest seller i

Explain what other kinds of information would be helpful, A pension fund ha...

A pension fund has accumulated $1 million in a retirement plan for James B. Smith, who retired this month at age 65. If Mr. Smith has a life expectancy of 75 years, what is the min

Define diversification as a strategy, Diversification as a strategy. Con...

Diversification as a strategy. Consider GE and how large and global it is. What problems do you think GE's most senior executives encounter in trying to stay on top of all th

Explain shareholder activism, McDonald's Corporation, the world's largest f...

McDonald's Corporation, the world's largest fast-food restaurant chain, with 2010 revenues of $24 billion,has recently been on a "roll." Its shareholder value has more than doubled

Marketers position and distinguish their company’s products, How do markete...

How do marketers position and differentiate their company's products/services relative to competition?

Productivity, what is operation management in terms of productivity

what is operation management in terms of productivity

Explain advantages of matrix organization, Explain advantages of matrix org...

Explain advantages of matrix organization. Advantages of matrix organization (i)  Permitting better planning and control to meet deadline if effectively focuses resource

What are the various managing inventory tools, Q. What are the various mana...

Q. What are the various managing inventory tools? Raw material Materials and elements used to assemble or manufacture finished goods. Work-in-progress Incomplete f

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