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 supply management, What is the difference between purchasing and su...

What is the difference between purchasing and supply management? What is the difference between a supply chain orientation and supply chain management?

Explain preparation and analysis of balance sheet, Explain preparation and ...

Explain preparation and analysis of balance sheet. Preparation and Analysis of Balance Sheet: Balance Sheet is one of the significant financial statements of a company provid

Jumpin jack flash case study, What management skills did Jack use as market...

What management skills did Jack use as marketing manager for travel products company? And management skills did he use as VP the consumer products firm?

Explain finite backward scheduling, A process capacity methodology that is ...

A process capacity methodology that is used to show how well parts being produced fit into a range specified by design limits is which of the following? a. Finite backward sche

Explain what is the firm''s break-even point in sales dollars, You have dev...

You have developed the following income statement for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Sales $ 50,439,375 Va

Successful writing at work, Ask qu Write an appropriate proposal—internal, ...

Ask qu Write an appropriate proposal—internal, solicited sales, or unsolicited sales—based on the information contained in one of the following two articles. Assume that your or yo

Explain coupon rate with semi-annual coupon payments, Genny, Inc. bonds hav...

Genny, Inc. bonds have a 9% coupon rate with semi-annual coupon payments. They have 9 1/2 years to maturity and a par value of $1,000. Compute the value of Genny's bonds if investo

Explain objective of value stream mapping is to improve data, 1) Bill of ma...

1) Bill of material errors can cause serious problems for MRP system calculations of dependant demands 2) No matter what forecasting technique is used, the probability of a prod

Describe the functioning of a erp purchase system, Describe JIT and Kanban....

Describe JIT and Kanban. Mention the benefits of JIT. JIT - concept, objective, achieving the aims of JIT (Elimination of Waste, Total Quality Management (TQM),Total Employee

Explain ethernet network with a fddi network, A bridge that is used to conn...

A bridge that is used to connect an Ethernet network with a FDDI network must be practicing what type of bridging?

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