Operations Management
13th Edition
ISBN: 9780135173626
Author: HEIZER, Jay, RENDER, Barry, Munson, Chuck
Publisher: Pearson,
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Question
Chapter B, Problem 12P
a)
Summary Introduction
To determine: The mix of standard and deluxe golf bags that will maximize the weekly profit.
Introduction:
Linear programming:
It is a linear optimization technique followed to develop the best outcome for the linear programming problem. The outcome might be to maximize profit, minimize cost, or to determine the optimal product mix. The outcome will take the constraints present in achieving the solution into consideration.
b)
Summary Introduction
To determine: The value of the profit for the mix of standard and deluxe golf bags that will maximize the weekly profit.
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Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows:
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July
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August
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September
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October
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November
6,250
December
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a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…
As a logistics specialist, you are responsible for meeting customer demand. One of your customers places orders for you to supply four products by the end of October. You have limited capacity for raw material and other facilities. You are required to satisfy customer demand by manufacturing the products and/or buying from a supplier. After consulting with the production department, you obtained the following information.
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3
Hours required on machine Y per unit
4
3
6
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Raw material in kilos
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30 minutes
45 minutes
24 minutes
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Available raw material per month: 5,000 kilos…
Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows:
MONTH
DEMAND (UNITS)
January
4,000
February
4,100
March
3,800
April
4,200
May
4,850
June
4,500
July
5,150
August
4,750
September
5,250
October
5,550
November
6,150
December
5,850
a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.7. (picture below)(Do not round intermediate calculations. Round your answers to 2 decimal places.)
Month
Forecast
january
february
march
april
may
june
july
august
september
october
november
december
Chapter B Solutions
Operations Management
Ch. B - Prob. 1DQCh. B - Prob. 2DQCh. B - Prob. 3DQCh. B - Prob. 4DQCh. B - Prob. 5DQCh. B - Prob. 6DQCh. B - Prob. 7DQCh. B - Prob. 8DQCh. B - Prob. 9DQCh. B - Prob. 10DQ
Ch. B - Prob. 11DQCh. B - Where a constraint crosses the vertical or...Ch. B - Prob. 13DQCh. B - Prob. 2PCh. B - Prob. 3PCh. B - Prob. 25PCh. B - B.4. Consider the following linear programming...Ch. B - Prob. 26PCh. B - Prob. 27PCh. B - Prob. 5PCh. B - Prob. 6PCh. B - Green Vehicle Inc. manufactures electric cars and...Ch. B - Prob. 8PCh. B - Prob. 28PCh. B - Prob. 29PCh. B - The LP relationships that follow were formulated...Ch. B - Prob. 22PCh. B - Prob. 9PCh. B - Prob. 34PCh. B - Prob. 35PCh. B - Prob. 36PCh. B - Prob. 10PCh. B - Prob. 11PCh. B - Prob. 12PCh. B - Prob. 30PCh. B - Prob. 37PCh. B - How many corner points are there in the feasible...Ch. B - Prob. 13PCh. B - Prob. 38PCh. B - Prob. 40PCh. B - Prob. 15PCh. B - Prob. 16PCh. B - Prob. 17PCh. B - Prob. 18PCh. B - Prob. 19PCh. B - Prob. 20PCh. B - Prob. 33PCh. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...
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