1. A company produces two colors of cloth, namely red and pink. In order to produce these colors, 2 special raw materials are being used by the company. The production data is given below: Meters of raw material per meter of Maximum daily availability Red Cloth Pink Cloth Raw Material 1 2 1 Raw Material 2 4 6 24 Profit per ton (1000) 4 5 According to the dealer, the daily maximum demand for red cloth is 2 meters and the daily demand for red cloth can't exceed that for pink cloth by more than 1 meter. The company wants to maximize its daily profit. a. Construct the LP Model of this problem. b. Find the optimal solution using Graphs. (graphing paper or desmos) c. Find the optimal solution using Excel Solver. (Sheet 1) d. Find the optimal solution using Algebraic Solution. e. Find the optimal solution using the Simplex Method. (Not in excel)
Q: Max 3x, + 1lx, + 5x, + 3x4 s.t. = 30 3x, + lx, + 2x, 2x, + lx, + 3x, + 1x 15 %3D 2x2 + 3x, <25 X1, X...
A:
Q: What is the best way to handle lingering customers?
A: The ability to really handle customer complaints and issues is vital for your customer administratio...
Q: These constraints translate mathematically to X, 2 .2(x, + x2 + x3 + x4) x2 2 .1(x, + x2 + x3 + x4) ...
A:
Q: Demonstrate why a trained project manager is required for difficult tasks.
A: Project management is the management in which different kinds of skills and knowledge are required t...
Q: Aterioni imied ecuce
A: Working memory is nothing but the very less or small amount of information that can be detained in t...
Q: 3.4-11. Larry Edison is the director of the Computer Center for Buckly College. He now needs to sche...
A: Find the Given details below: Time Periods covered by shifts - Full Time Time of day Mornin...
Q: 1. What do you think are the advantages of understanding the development of Outline/Operations Proce...
A: 1. An operations process chart represents the sequence of the operations to be performed on a compon...
Q: Problem 3. Lexberheights Company has the following information: 10.000 units per year 2,000 units 1,...
A: Safety stock is the inventory stock that the company should maintain to avoid the issue of shortage....
Q: 1. A project was planned using PERT with three-time estimates. The expected completion time of the p...
A:
Q: What needs and wants does an operations manager occupation fill
A:
Q: The fleet manager for the Southern Company, an electrical utility based in Atlanta (parent of Georgi...
A:
Q: Expanding the international workforce to include non-parent-country employees has brought increased ...
A: If you're in charge of hr department, what would you do? If I were the HR manager, I would take the ...
Q: 1. A project was planned using PERT with three-time estimates. The expected completion time of the p...
A: Given- Expected completion time (x) = 40 weeksDesired completion time (μ) = 40 weeks or moreVarian...
Q: hat is an orientation program? Why is it important?
A: Orientation is somebody recognizing where they are, the way someone is fronting, or the way somebody...
Q: Henrietta wrote a check 1o Belk for $948 she knew her checking account had less than $36 and that sh...
A: False pretenses are those claims made or implied especially which are not supported by facts . one...
Q: LEASE USE SIMPLEX METHOD. Thank you! Suppose a company manufactures different electronic components ...
A: Let us assume x1 as the no.of components of A to be produced, x2 for B and x3 for C. It is also give...
Q: Determine the critical path and project completion time.
A: A PERT diagram indicating the activity duration in three dimensional process which helps to calculat...
Q: Case Study-Appraisal It had been one hour since Phil Lee, a long-time professor at Conseco College (...
A: There’s still a stigma surrounding the mental health issues as sharing of medical information about ...
Q: Identify the concerns of suppliers when moving to supplier partnerships
A: The suppliers have a variety of concerns when they shift to the supplier partnerships.
Q: Air pollution control activity us going on in the suvera foods which has an expected activity time o...
A: The expected time is the time of the project that the company expects to complete in the particular ...
Q: Drew list of effictwanes goals that would you use to mecswe lof Ca) a fost food end (6) school of bu...
A: A Small Introduction about Performance Management Performance management is a framework intended ...
Q: oyees' involvement regarding improvement quality complaints in a commorcial bank
A: Detecting and eliminating production faults, optimizing the supply chain, enhancing the customer exp...
Q: Glaudious is 45 years old university internship coordinator. He is handling 80 interns and he would...
A: Task analysis is a way to break down a task or a process into its subcomponents, subparts, subskills...
Q: what role does quality information play in decision making? explain in details
A: Quality information is an important factor as it helps to identify the quality of each piece of info...
Q: In which primary indutries an Operations Manager can work?
A: Operations managers are responsible for managing the processes, purchasing, accounting, human resour...
Q: A superfood manufac Utilizes labor machine hours , raw materials and purchased materials . Assume fo...
A: Productivity is a ratio of the output volume and the volume of inputs. It calculates how efficiently...
Q: n past sales performances, you have considered two different forecasting techniques - Naïve forecast...
A: Forecasting means predicting the sales/demand for the future. Some methods take into consideration t...
Q: Total Stock Administration costs under the EOQ model is the sum of: Select one: a. Carrying costs a...
A: Administrative cost refers to the overhead cost that is incurred by the organization not directly ti...
Q: 10.7. Delph Manufacturing Company is going to purchase an auto parts component from one of two compe...
A: Inventory turns COGS/average inventory value Days of supply Average inventory value *365 / COGS ...
Q: What are systems or solutions selling? How can an organization be successful in this area of sales? ...
A: A Small Introduction about Sales Management Sales management is the most common way of getting so...
Q: IT’S THE AFTERNOON of Feb. 26, during a 3-games-in-4-nights stretch, and Miami Heat center Hassan Wh...
A: Operations management is described as a means of management of business practices that creates highe...
Q: Managing forecasting projects involves many of the same management skills as managing other projects...
A: Project management is the type of management in which different types of skills and knowledge are re...
Q: Why is the degree of the customisation an important consideration in the process planning .
A: To be determined: The degree of the customization an important consideration in the process plannig....
Q: .Research more information on the world’s top 10 tourism destinations and their locations. If there ...
A: Following is the list of Countries which were in the top 10 as per the tourist arrival and there n...
Q: Can someone help me on my homework. What are the uses of appendices? minimum if 400 words ty!
A: An appendix provides comprehensive understanding of the research problem and it constitute she supp...
Q: What are the importance and advantages of risk assessment?
A: Risk assessment is nothing but the processes by which risk is identified, examined and evaluated to ...
Q: Kloppenborg et al. (2018:392) defines project quality as characteristics of a product or service tha...
A: Total quality management (TQM) is the process of identifying and minimising or eradicating productio...
Q: Mary Ann Clark is an artist and is employed by Fenway Racing. Fenway Racing manufactures custom rac...
A:
Q: DAYS IMMEDIATE ACTIVITY PREDECESSORS a A 10 12 B 6. 9. 3. 4 D 10 20 30 A E 6. 7 8 9. 10 11 В, D, E G...
A: Given-
Q: Which job sequence would be used if ordered using the rule "Shortest Job First"? Group of answer...
A: Given-
Q: JL.53 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumper...
A: given, Annual demand, D = 75000 Daily demand d = 75000/350 = 214.28 Daily production p = 330 Setup c...
Q: The Annual demand of a product is 50000 and ordering cost is 7000 per order and EOQ is 10000 units. ...
A:
Q: What can be said of the correlation between the brand of an automobile and its quality? a. The co...
A: A correlation is a digit or form which shows a similarities and common and negative things between t...
Q: such
A: Design-Bid -Build : The construction contract is usually performed on a lump sum basis, any savin...
Q: What are the three types of models in operations management and the importance of them
A: To determine: The three types of models in operations management and the importance of them. Model: ...
Q: Air pollution control activity us going on in the suvera foods which has an expected activity time o...
A: The expected time is the time at which the whole project is going to complete successfully.
Q: h to basic research
A: 3 types of approach to basic research
Q: NowJuice, Inc. produces bottled pickle juice. A planner has developed an aggregate forecast for dema...
A: As per our calculation, this answer is not correct. we are solving it the correct way given,
Q: Activity Preceding Activity inoniloguinmont
A: A network diagram is a visual representation of a project which helps to identify the project durati...
Q: a. What are the types of lubricants ? p. What are the "golden rules" of good ubrication?
A: Generally speaking, the most widely recognized utilization of oil is to lessen impedance between two...
Letter C and D only.........
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 4 images
- Lemingtons is trying to determine how many Jean Hudson dresses to order for the spring season. Demand for the dresses is assumed to follow a normal distribution with mean 400 and standard deviation 100. The contract between Jean Hudson and Lemingtons works as follows. At the beginning of the season, Lemingtons reserves x units of capacity. Lemingtons must take delivery for at least 0.8x dresses and can, if desired, take delivery on up to x dresses. Each dress sells for 160 and Hudson charges 50 per dress. If Lemingtons does not take delivery on all x dresses, it owes Hudson a 5 penalty for each unit of reserved capacity that is unused. For example, if Lemingtons orders 450 dresses and demand is for 400 dresses, Lemingtons will receive 400 dresses and owe Jean 400(50) + 50(5). How many units of capacity should Lemingtons reserve to maximize its expected profit?1. Cox Electric makes electronic components and has estimated the following for a new design of one of its products. Fixed cost = $24,375 Material cost per unit = $0.17 Labor cost per unit = $0.12 Revenue per unit = $0.68 Note that fixed cost is incurred regardless of the amount produced. Per-unit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells all that it produces, profit is calculated by subtracting the fixed cost and total variable cost from total revenue. Construct an appropriate spreadsheet model to find the profit based on a given production level and use the spreadsheet model to answer these questions. a. Construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit goes from a negative to a positive value; that is, breakeven is when total revenue = the total cost, yielding a profit of zero. Vary production volume from 0 to 100,000 in increments of 10,000.…Machinco produces four products, requiring time ontwo machines and two types (skilled and unskilled) of labor.The amount of machine time and labor (in hours) used byeach product and the sales prices are given in Table 13.Each month, 700 hours are available on machine 1 and 500hours on machine 2. Each month, Machinco can purchaseup to 600 hours of skilled labor at $8 per hour and up to650 hours of unskilled labor at $6 per hour. Formulate anLP that will enable Machinco to maximize its monthlyprofit. Solve this LP and use the output to answer thefollowing questions:a By how much does the price of product 3 have to increase before it becomes optimal to produce it?b If product 1 sold for $290, then what would be thenew optimal solution to the problem?c What is the most Machinco would be willing to payfor an extra hour of time on each machine?d What is the most Machinco would be willing to payfor an extra hour of each type of labor?e If up to 700 hours of skilled labor could be purchased…
- Brady Corporation produces cabinets. Each week, itrequires 90,000 cu ft of processed lumber. The companymay obtain lumber in two ways. First, it may purchaselumber from an outside supplier and then dry it in thesupplier’s kiln. Second, it may chop down logs on its ownland, cut them into lumber at its sawmill, and finally dry thelumber in its own kiln. Brady can purchase grade 1 or grade2 lumber. Grade 1 lumber costs $3 per cu ft and when driedyields 0.7 cu ft of useful lumber. Grade 2 lumber costs $7per cubic foot and when dried yields 0.9 cu ft of usefullumber. It costs the company $3 to chop down a log. Afterbeing cut and dried, a log yields 0.8 cu ft of lumber. Bradyincurs costs of $4 per cu ft of lumber dried. It costs $2.50per cu ft of logs sent through the sawmill. Each week, thesawmill can process up to 35,000 cu ft of lumber. Eachweek, up to 40,000 cu ft of grade 1 lumber and up to 60,000cu ft of grade 2 lumber can be purchased. Each week, 40hours of time are available for…Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below. The profit for either model is $1000 per lot. Fliptop Model Tiptop Model Available Plastic 3 4 36 Ink Assembly 5 4 40 Molding Time 5 2 30 Formulate a LP Model for this problem.Assume the demand for a company’s drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year,it will cost $16x. Each unit of Wozac is soldfor $3. Each unit of Wozac produced -incurs a variable production cost of $0.20. It costs $0.40 per year to operate a unit of capacity.Determine how large a Wozac plant the company should build to maximize its-expected profit over the next 10 years.
- 2. A firm makes two products X and Y and has a total production capacity of 9 tons per day.X and Y requiring the same production capacity. The same has a permanent contract to supply at least two tons of X and at least 3 tons of Y per day to another company. Each ton of X requires 20 machine hours of production time and each ton of Y requires 50 machine hours of production time. The daily maximum possible number of machine hours is 360. The entire firm's output can be sold and profit made is 80 R.O of X and 120 R.O per ton of Y. It is required to determine the production schedule for maximum profit and to calculate this profit. Formulate a LPP.A manufacturing process has 12 workers and 6 stations. The process iscompleted in the order given below. Where there are multiple workers within a station,each worker works independently on his/her own unit. Assume inventory buffers areallowed between each station.Station Staffing Processing time (hoursper unit per worker)A 2 2.20B 1 1.25C 3 2.00D 2 2.60E 3 3.00F 1 0.75What is the maximum number of units per hour that can be produced? Assume they startthe day with inventory at each station to work onA gold processor has two (2) sources of gold ore, Source A and source B. To keep his plantrunning, at least three (3) tons of ore must be processed each day. Ore from A costs $20 per tonto process, and ore from B costs $10 per ton to process. Costs must be kept to less than $80 perday. Moreover, Federal Regulations require that number of ore from source B cannot exceedtwice the number of ore from source A. If ore from source A yields 2 oz. of gold per ton, andfrom source B yields 3 oz. of gold per ton, how many tons of ore from both sources must beprocessed each day to maximize the amount of gold to the above constraints?
- A product can be produced on four different machines.Each machine has a fixed setup cost, variable productioncosts per-unit-processed, and a production capacity given inTable 15. A total of 2,000 units of the product must beproduced. Formulate an IP whose solution will tell us howto minimize total costs.Machine Fixed Cost ($) per Unit (S) Capacity1 1,000 20 9002 920 24 1,0003 800 16 1,2004 700 28 1,600Cantel Company produces cleaning compounds for both commercial and household customers. Some of these products are produced as part of a joint manufacturing process. For example, GR37, a coarse cleaning powder meant for commercial sale, costs $1.90 a pound to make and sells for $2.00 per pound. A portion of the annual production of GR37 is retained for further processing in a separate department where it is combined with several other ingredients to form SilPol, which is sold as a silver polish, at $5.00 per unit. The additional processing requires 1/4 pound of GR37 per unit; additional processing costs amount to $3.90 per unit of SilPol produced. Variable selling costs for SilPol average $0.50 per unit. If production of SilPol were discontinued, $1,000 of costs in the processing department would be avoided. Cantel has, at this point, unlimited demand for, but limited capacity to produce, product GR37. Required: 1. Calculate the minimum number of units of SilPol that would have to be…Jean Clark is the manager of the Midtown Saveway-Grocery Store. She now needs to replenish hersupply of strawberries. Her regular supplier can provide as many cases as she wants. However,because these strawberries already are very ripe, she will need to sell them tomorrow and thendiscard any that remain unsold. Jean estimates that she will be able to sell 12, 13, 14, or 15 casestomorrow. She can purchase the strawberries for $7 per case and sell them for $18 per case. Jeannow needs to decide how many cases to purchase. Jean has checked the store’s records on dailysales of strawberries. On this basis, she estimates that the prior probabilities are 0.1, 0.3, 0.4, and 0.2for being able to sell 12, 13, 14, and 15 cases of strawberries tomorrow. a. Develop a decision analysis formulation of this problem by identifying the decisionalternatives, the states of nature, and the payoff table. b. How many cases of strawberries should Jean purchase if she uses the maximin payoffcriterion? c. How…