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Problem 4. (10 PTS) WIDGETCO IS MAKING A PROTOTYPE OF A NEW PRODUCT CONSISTS OF TWO SUBASSEMBLIES. BEFORE BUILDING EITHER SUBASSEMBLY, THE FIRM MUST PURCHASE RAW MATERIALS AND TRAIN WORKERS. BEFORE THE SUBASSEMBLIES CAN BE COMBINED, SUBASSEMBLY 2 MUST BE INSPECTED. THE FOLLOWING TABLE DESCRIBES THE PROJECT: THE PRODUCT Activity Description Train workers Purchase materials Make subassembly 1 Make subassembly 2 Inspect subassembly 2 Combine subassemblies Subassembly 2 safety report Duration (Days) Requires A 6 B 9 C A,B 8 D A,B 7 D 10 F C, E 12 G 6 How QUICKLY CAN WIDGETCO COMPLETE THIS PROJECT? (A) DEFINE DECISION VARIABLES. (B) WRITE A SUITABLE LP PROBLEM FORMULATION. 2%

Problem 4. (10 PTS) WIDGETCO IS MAKING A PROTOTYPE OF A NEW PRODUCT CONSISTS OF TWO SUBASSEMBLIES. BEFORE BUILDING EITHER SUBASSEMBLY, THE FIRM MUST PURCHASE RAW MATERIALS AND TRAIN WORKERS. BEFORE THE SUBASSEMBLIES CAN BE COMBINED, SUBASSEMBLY 2 MUST BE INSPECTED. THE FOLLOWING TABLE DESCRIBES THE PROJECT: THE PRODUCT Activity Description Train workers Purchase materials Make subassembly 1 Make subassembly 2 Inspect subassembly 2 Combine subassemblies Subassembly 2 safety report Duration (Days) Requires A 6 B 9 C A,B 8 D A,B 7 D 10 F C, E 12 G 6 How QUICKLY CAN WIDGETCO COMPLETE THIS PROJECT? (A) DEFINE DECISION VARIABLES. (B) WRITE A SUITABLE LP PROBLEM FORMULATION. 2%

Practical Management Science
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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Define Decision Variables and write LP problem formulation. Please see picture attached for problem.

Problem 4. (10 PTS) WIDGETCO IS MAKING A PROTOTYPE OF A NEW PRODUCT CONSISTS OF TWO SUBASSEMBLIES. BEFORE BUILDING EITHER SUBASSEMBLY, THE FIRM MUST PURCHASE RAW MATERIALS AND TRAIN WORKERS. BEFORE THE SUBASSEMBLIES CAN BE COMBINED, SUBASSEMBLY 2 MUST BE INSPECTED. THE FOLLOWING TABLE DESCRIBES THE PROJECT: THE PRODUCT Activity Description Train workers Purchase materials Make subassembly 1 Make subassembly 2 Inspect subassembly 2 Combine subassemblies Subassembly 2 safety report Duration (Days) Requires A 6 B 9 C A,B 8 D A,B 7 D 10 F C, E 12 G 6 How QUICKLY CAN WIDGETCO COMPLETE THIS PROJECT? (A) DEFINE DECISION VARIABLES. (B) WRITE A SUITABLE LP PROBLEM FORMULATION. 2%
Transcribed Image Text:Problem 4. (10 PTS) WIDGETCO IS MAKING A PROTOTYPE OF A NEW PRODUCT CONSISTS OF TWO SUBASSEMBLIES. BEFORE BUILDING EITHER SUBASSEMBLY, THE FIRM MUST PURCHASE RAW MATERIALS AND TRAIN WORKERS. BEFORE THE SUBASSEMBLIES CAN BE COMBINED, SUBASSEMBLY 2 MUST BE INSPECTED. THE FOLLOWING TABLE DESCRIBES THE PROJECT: THE PRODUCT Activity Description Train workers Purchase materials Make subassembly 1 Make subassembly 2 Inspect subassembly 2 Combine subassemblies Subassembly 2 safety report Duration (Days) Requires A 6 B 9 C A,B 8 D A,B 7 D 10 F C, E 12 G 6 How QUICKLY CAN WIDGETCO COMPLETE THIS PROJECT? (A) DEFINE DECISION VARIABLES. (B) WRITE A SUITABLE LP PROBLEM FORMULATION. 2%
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