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 would be your total cost, A manufacturing firm is considering ...

A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variable costs as follows: Site Fixed Cost (Annual) Variabl

Selection criteria for the type of scheduling, Selection Criteria for the T...

Selection Criteria for the Type of Scheduling There are several types of scheduling system selection of a particular system depends on a number of factor. Some of these are des

Explain modifications to the franchisor''s product offering, Do you think t...

Do you think that franchisors should allow franchisees to make modifications to the franchisor's product offering, explain? Please put in your own words

Explain marketing is considered both an art and a science, Marketing is con...

Marketing is considered both an art and a science. How do the 4Ps, or marketing mix, help us bridge the gap between art and science? a. Marketing is about advertising.

Homework, what are the functions of finance, management and marketing in op...

what are the functions of finance, management and marketing in operations?

Explain critical risk regardless of progect size or scope, Select three top...

Select three top most critical risk regardless of progect size or scope. Justify your selection. Suggest strategies for the manager to address each type of risk selected.

Describe what are the advantages of financing, In the %u201CWhat would you ...

In the %u201CWhat would you do?%u201D section of your text in Chapter 9, Pam Marrone of AgraQuest, Inc. tapped into Internet sources when she needed additional financing. Be specif

Activities and types of scheduling, Activities and Types of Scheduling ...

Activities and Types of Scheduling Scheduling includes the followings activities 1. Allocation of quality and rate of output of the plant or department. And 2. Allocation

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