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

Explain what is the expected growth rate, Sidman Products' common stock cur...

Sidman Products' common stock currently sells for $51 a share. The firm is expected to earn $6.10 per share this year and to pay a year-end dividend of $2.40, and it finances only

Explain efficiency advantages of a new technology, Consider this scenario: ...

Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages of a new technolo

Organizational Structure & Design, How can we predict the effects of calcul...

How can we predict the effects of calculated and deliberate organizational change on informal networks and structures? How can we mitigate against unanticipated and unintended cons

Explain how many hours would the average laborer, In December, general moto...

In December, general motors produced 7,200 customized vans at its plant in Detroit. The labor productivity at this plant is known to have been 0.10 vans per labor hour during that

Explain what is the maximum flow for this network, Union Express has 60 ton...

Union Express has 60 tons of cargo that need to be shipped from Boston to Dallas. The shipping capacity on each of the routes Union Express planes fly each night is shown in the fo

Explain ongoing risk exists in any project, Ongoing risk exists in any proj...

Ongoing risk exists in any project. Once a project starts, risk increases. How should one monitor and mitigate risk in a rapidly changing project?

Depict a layout for the assembly operation, Base on the case study: Weldon ...

Base on the case study: Weldon Hand Tools; Design a layout for the assembly operation (to include the fly press work) including the tasks to be performed at each part of the system

What are the steps to make up flow charts, What are the steps to make up fl...

What are the steps to make up flow charts? Most flow charts are made up of three main types of symbol. • Oval shapes or elongated circles signify the start or termination of

Offer a description of the freedom of the world survey, Please provide a de...

Please provide a description of the Freedom of the World survey. What factors are taken into consideration in the survey when forming the rankings?

Explain socially responsible company, In light of these actions, can GM sti...

In light of these actions, can GM still be a socially responsible company? If so, how?

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