LP, Operation Management

Assignment Help:
SHAYO & Sons is a canning company in Arusha that currently operates two small canning State Mining Corporation (SMC) is establishing a production plan for the current week at its Mwanza code, which has three main veins of varying characteristics. The net yield per ton for each of the veins is provided in the table below:

ORE MINING VEINS
Eastern Northern Central
Gold 0.2 gm 0.3gm 0.4gm
Silver 30gm 20gm 30gm
Copper 50kg 20kg 25kg

Gold presently sold for shs. 9000 per gram. Silver sells for shs. 450 per gram and copper sells for shs. 300 per kilogram. The eastern vein is the most accessible one, requiring only 1 man hour per ton of ore. The northern and central veins are more remote and require 2 man hours and 3 man hours per ton respectively. Only 300 man hours are available, and all labour costs are fixed. At least 100 tons must be mined from the northern vein this week. The corporation must also yield at least 6000 kilograms of copper to meet contractual commitments.

Formulate SMC’s linear programming problem that can be used to determine the optimal number of tons that must be mined from each vein so as to maximize total revenue.

Related Discussions:- LP

Operation strategy, What do you mean by operations strategy? Explain in bri...

What do you mean by operations strategy? Explain in brief.

Explain significant differences between x.25 and frame relay, Name two sign...

Name two significant differences between X.25 and frame relay?

Find fair price for the insurance policy, A1 Inc. has $1 million in assets ...

A1 Inc. has $1 million in assets at a job site and, applying a risk transfer approach, wishes to address risk by taking out an insurance policy. The insurance carrier provided its

What the act of consciously choosing from alternatives, The act of consciou...

The act of consciously choosing from alternatives is called a dilemma. a quandary decision making. a paradox. a predicament.

Investment Management Assignment, Prepare an in-depth report recommending t...

Prepare an in-depth report recommending the appropriate investment of AUD$3 million for a five year investment period for a particular investment client. The investment portfolio i

Management., what does employee empowerment mean in job design

what does employee empowerment mean in job design

Describe the leadership style, Discuss the leadership style, visionary, coa...

Discuss the leadership style, visionary, coaching or afflictive, that would be the best in the given situation below and provide support for your choice. 1) A non-profit agency wis

Explain a global corporation, A global corporation sees the world as its la...

A global corporation sees the world as its labor source as well as its marketplace. Therefore, a global corporation will locate an operation wherever it can accomplish its goals in

Optimal capacity determination, Optimal Capacity Determination For a g...

Optimal Capacity Determination For a given capacity of a plant the average unit cost of production of a product decreases as the output rate( say in number of units produced p

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