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 general strategies in the business buying decision, Describe the ei...

Describe the eight general strategies in the business buying decision process

Product focused production system, Product Focused Production System ...

Product Focused Production System In this type of production processing, the production departments are organized according to the type of product / service being produced, a

Describe how it relates to this week''s topic, • This assignment is to take...

• This assignment is to take into consideration doing business in China. You are an American company wanting to expand into China. Your management has asked you to do a PowerPoint

Operations strategy in financial services, According to Macintosh (2007), t...

According to Macintosh (2007), the greatest challenge facing modern managers is to raise the quality and productivity of service work. Or Many prominent managerial authors argue th

Explain term everybody''s doing it, How common do you think it is for peopl...

How common do you think it is for people to try to justify their conduct by the argument that "Everybody's doing it"? Give examples from your own experience.

Explain what was the net gain or loss for the year, 1. A venture capitalist...

1. A venture capitalist company had invested in five new businesses during the last year. The results at the end of one year were as follows: Business A: Loss $500,000, Business B:

Explain hides the information from the other side, Research suggests that a...

Research suggests that a party with an attractive BATNA will likely receive a more positive outcome if it hides the information from the other side.

Compute the mad and mse, The last 4 weekly values of sales were 80,100,105 ...

The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units. Calculate the MAD, MSE and MAPE for these

Describe what is the total cost of a package, The Fido Dog Food Company wis...

The Fido Dog Food Company wishes to introduce a new brand of dog biscuits (composed of chicken and liver-flavoured biscuits) that meets certain nutritional requirements. The liver-

When needed extra money to spend, Please explain in detail the answer for t...

Please explain in detail the answer for the following scenario: Your boss looks at his budget in April and realizes that he has extra money to spend, so he tells you to create and

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