Linear programming problemA manufacturer makes pens and pencils. In the firstones a profit of $ 5 per unit is obtained and in thesecond $ 3 per unit. Both products go through 3processes: Molding, Assembling and Testing. Thepens require 4 minutes, 2 minutes and 3 minutesrespectively in the mentioned processes. The pensrequire 1 minute, 2 and 2 minutes respectively. Thetime available for each process respectively is 1,200minutes, 1,000 minutes and 1,200 minutes.Instructions:1. Set restrictions2. Evaluate the constraints

Answered: 1. Set restrictions 2. Evaluate the…

Business

Operations Management

1. Set restrictions 2. Evaluate the constraints

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Exer Tread produces two types of exercise treadmills: regular and deluxe. The exercise craze is such that Exer Tread could use all its available machine hours to produce either model. The two models are processed through the same production departments. Data for both models are as follows: 1(Click the icon to view the data.) Read the requirements2. Requirement 1. What is the constraint? Exer Tread's constraint is machine hours . Requirement 2. Which model should Exer Tread produce? (Hint: Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each product.) Exer Tread should produce the product with the highest contribution margin per unit of the constraint . Now prepare the product mix analysis by starting with the contribution margin per unit. Deluxe Regular treadmill treadmill Sale price per unit…
Please can u answer this true and false 1. The design capacity is often lower than the effective capacity. 2. To improve efficiency firms should train employees and correct quality problems. 3. Mass Customization processes are low volume and low variety 4. Process Strategies have long-term effects on efficiency and production flexibility 5. Continuous processes are high volume but a low variety of products. 6. Modules are parts or components of a product previously prepared, often in a continuous process. 7. Effective capacity is the number of units a facility can hold, receive, store, or produce ha pers 8. Utilization is the theoretical maximum output of a system in a given period under idea conctions
ABC company creates specialty shipping bags that they sell to pharmaceutical companies across the globe. With their current equipment, ABC can produce 12,000 shipping bags for every 10 bundles of materials purchased. Every month (20 working days), ABC purchases100 bundles of materials. Each bundle requires one (1) labor minute to process, and every labor hour costs an average of $14.00. Each week (5 working days), ABC pays $5,000 inoverhead costs, and equipment costs $600 a day to operate.(a) How many shipping bags does ABC produce in a standard month (20 working days)? Each workday (8 hours)? (b). What is the single-factor productivity for labor, per workday (8 hours)? (d). What is the multi-factor productivity, for every dollar spent per shipping bag?
ABC company creates specialty shipping bags that they sell to pharmaceutical companies across the globe. With their current equipment, ABC can produce 12,000 shipping bags for every 10 bundles of materials purchased. Every month (20 working days), ABC purchases 100 bundles of materials. Each bundle requires one (1) labor minute to process, and every labor hour costs an average of $14.00. Each week (5 working days), ABC pays $5,000 in overhead costs, and equipment costs $600 a day to operate. 1. How many shipping bags does ABC produce in a standard month (20 working days)? Each workday (8 hours)? 2. What is the single-factor productivity for labor, per workday (8 hours)? What is the multi-factor productivity, for every dollar spent per shipping bag? ABC is deciding to make some changes. If the company buys different equipment, they expect that each bundle will only take 30 seconds to process, but equipment costs will go up to $800 a day to operate. All other factors would remain the…
ABC company creates specialty shipping bags that they sell to pharmaceutical companies across the globe. With their current equipment, ABC can produce 12,000 shipping bags for every 10 bundles of materials purchased. Every month (20 working days), ABC purchases 100 bundles of materials. Each bundle requires one (1) labor minute to process, and every labor hour costs an average of $14.00. Each week (5 working days), ABC pays $5,000 in overhead costs, and equipment costs $600 a day to operate. (a). How many shipping bags does ABC produce in a standard month (20 working days)? Each workday (8 hours)? (b). What is the single-factor productivity for labor, per workday (8 hours)? What is the multi-factor productivity, for every dollar spent per shipping bag?. (d). ABC is deciding to make some changes. If the company buys different equipment, they expect that each bundle will only take 30 seconds to process, but equipment costs will go up to $800 a day to operate. All other factors would…
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Dark beer is purchased by the case for $18.90. There are 24 bottles in each case, and each bottle contains 12 fluid ounces. You are making brine that requires 2 ½ quarts of dark beer. How much will the beer cost for the brine?
Prevost Chemicals manufactures an industrial solvent at its only processing plant. A liquid chemical and labor are the two primary inputs. All other resources are included in manufacturing overhead. The plant never has any work-in-process or finished goods inventories. Information from the previous four periods of production follows: Period 1 Period 2 Period 3 Period 4 Chemical input (gallons) 125,000 129,280 128,000 120,000 Labor input (hours) 12,500 11,200 15,000 10,100 Solvent sales (gallons) 110,000 113,120 120,000 103,020 Average price of chemical per gallon $ 2.00 $ 2.10 $ 1.95 $ 2.25 Average wage rate per hour 28.00 26.00 31.00 34.00 Average sales price per gallon 10.26 10.00 9.80 10.60 Manufacturing overhead (total) 236,000 245,312 245,400 243,080 Required: a. Compute the partial productivity measures for chemical for the four periods. b. Compute the partial productivity measures for labor for the four periods.
Prevost Chemicals manufactures an industrial solvent at its only processing plant. A liquid chemical and labor are the two primary inputs. All other resources are included in manufacturing overhead. The plant never has any work-in-process or finished goods inventories. Information from the previous four periods of production follows: Period 1 Period 2 Period 3 Period 4 Chemical input (gallons) 125,000 129,280 128,000 120,000 Labor input (hours) 12,500 11,200 15,000 10,100 Solvent sales (gallons) 110,000 113,120 120,000 103,020 Average price of chemical per gallon $ 2.00 $ 2.10 $ 1.95 $ 2.25 Average wage rate per hour 28.00 26.00 31.00 34.00 Average sales price per gallon 10.26 10.00 9.80 10.60 Manufacturing overhead (total) 236,000 245,312 245,400 243,080 Required: c. Compute the total factor productivity for the four periods.
Motorking Corporation, a market leader in the production of specialized engine additives, is considering introducing a new "gas extender" product. This product is added to an automobile’s gasoline to extend mileage and reduce exhasut emissions. Motorking's manufacturing facility can produce 50,000 cases of the new product per year with a set-up cost of $100,000. The average variable cost per case would be $5. Large orders, (i.e., above 50,000 cases) will be subcontracted to a local refining company. Motorking has signed a secrecy agreement with the vendor that guards the basic process. The variable cost per case, if the new product is produced outside, is $9. Whether the product is manufactured by Motorking or by the vendor, there is a $12 per case cost for marketing and overhead. Motorking's production manager is considering three production levels for the new product: 50,000 cases, 75,000 cases, and 100,000 cases. The level of sales will depend on the state of the economy. Sales…
The textile company “Designs Sports” is dedicated to the production of sports clothing. In its line has shorts, pants and t-shirts. From management they requested to manufacture the quantity of each product to maximize profits. To manufacture each type of garment It goes through two areas, sewing and finishing. Furthermore, all three garments require the same type of fabric. Two people work in the sewing area, while in the production area finished only one. In the company we work 8 hours a day, 5 days a week. The Weekly fabric availability is 375 square meters. Lastly, each shirt contributes $100 US to profits, each short with $80 US; and each pair of pants with $150 US. Solve this operations research problem.