Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
13th Edition
ISBN: 9780135225899
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter B, Problem 28P
Summary Introduction
To determine: The least-cost blend of compost and sewage in each bag, using linear programming.
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.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Jacqueline Mulvaney makes bespoke corsages. She is about to attend an important show in London. She thinks that if the market is favorable, she can sell deluxe corsages at $75 each. However, if the market is not good, she will only sell 35 at $65 each. Jacqueline also makes a simple-range of corsages. If the market is positive, she can sell 80 simple corsages at $45 each, whereas if the market is not good, she will only sell 60 at $38 each. To produce either set of corsages costs about the same and she only has time to make one range. If Jacqueline feels that there is a 0.5 chance of the show going well, which range of corsages should she make based on the EMV?
15-8
O B/S
أيقونة المجموعة
Rebecca Kaplan, who operates 3 points
family-owned Glazer's
Camera, in Seattle,
Washington, with her brother,
Ari Lackman, shuns traditional
discounts because the profit
margins on the photographic
equipment the store sells are
too slim to offer price
reductions. Instead, Glazer's
Camera offers customers
limited discounts by bundling
cameras with high-end
accessories, such as tripods,
lenses, and camera bags, at
special prices. To differentiate
their store from competitors,
Kaplan and Lackman invest in
training their staff and offer
special services, such as in-
store photography classes.
This is an example of
O bundling
O multiple-unit pricing
O odd-pricing
creative-pricing
Chapter B Solutions
Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
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...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- A restaurant uses 100 per week or 5,000 quart bottles of ketchup each year. The ketchup costs $3.00 per bottle and is served only in whole bottles because its taste quickly deteriorates. The restaurant figures that it costs $10.00 each time an order is placed, and holding costs are 20 percent of the purchase price. It takes 3 weeks for an order to arrive. The restaurant operates 50 weeks per year. The restaurant would like to use an inventory system that minimizes inventory cost. The restaurant has figured that the most economical order size or EOQ is approx. 409 (rounding up the decimals). Approximately, what is the time between two orders (in terms of weeks) 08 06 04 02 None of the abovearrow_forwardA company is planning to purchase 10,000 units of a particular item in the year ahead. The item is purchased in boxes each containing 10 units of the item, at a price of €400 per box. The cost of holding an item in inventory for a year (including insurance, interest and space costs) is 10% of the purchase price. The cost of placing and receiving orders is to be estimated from cost data collected relating to similar orders, where costs of €7,000 were incurred on 25 orders. It should be assumed that ordering costs change in proportion to the number of orders placed. 5% should be added to the above ordering costs to allow for inflation. Assume that usage of the item will be even over the year. Required: (a) Calculate the economic order quantity (EOQ) in boxes which minimises total costs (b) Outline when and why it is appropriate to use economic batch quantity (EBQ)arrow_forwardplease answer within 30 minutes and make sure you answer both the parts of the question else i will give thumbs down.arrow_forward
- Camille forecasts to sell 575 units of the perfume she is selling by the first week of December. At the end of the 1st week of December, she was able to disposed 500 perfumes at Php150 each. Of these 500 units, she gave a total of 20 giveaways. The total cost for each perfume is Php120. Determine Camille’s net sales volume. *4802075500 Let’s say that last November you have sold 10,000 pieces of chrysanthemum at 25 pesos each. For every piece sold, you will be given a commission of 10%. How much was your total commission? *225,00025,00010,0002.50250,000arrow_forwardCompany ABC manufactures a seasonal product with uncertain demand. The production cost of the product is $130 per unit, and the product will be sold to the customers at $160 per unit. The demand of the product during a selling season is normally distributed with mean 1000 and standard deviation 300. At the end of the selling season, any unsold quantity can be disposed of in a clearance sale for $80 per unit. In order to reach the required standard imposed by an ethical and sustainable supplier certification program, ABC must improve its corporate social responsibility (CSR) performance. ABC is considering two possible investments that enable it to meet the required standard. These investments will lead to a higher CSR level, which will result in greater market demand. Investment 1 has a lump-sum cost of $2000, and it will increase the mean and standard deviation of the demand by 100 units and 20 units, respectively. Investment 2 has a lump-sum cost of $3000, and it will increase the…arrow_forwardi do not know why my answers are incorrectarrow_forward
- Dan's Independent Book Store is trying to decide how many copies of a book to purchase at the start of the upcoming selling season. The book retails at $28.00. The publisher sells the book to Dan at $20.00. Dan will dispose of all of the unsold copies of the book at 50% off the retail price, at the end of the season. Dan estimates that demand for this book during the season is normal with a mean of 1000 and a standard deviation of 250. The publisher is thinking of offering the following scheme to Dan. At the end of the season, they will buy back unsold copies at a pre-determined price of $17.00. However, Dan would have to bear the costs of shipping unsold copies back to the publisher at $1.00 per copy. What is the quantity that Dan should order, to maximize his expected profits?arrow_forwardDan’s Independent Book Store is trying to decide on how many copies of a book to purchase at the start of the upcoming selling season. The book retails for $28.00. The publisher sells the book to Dan at $20.00. Dan can dispose of all of the unsold copies of the book at 50% off the retail price, at the end of the season. Dan estimates that demand for this book during the season is Normal with a mean of 1000 and a standard deviation of 250. Question 1: What is the quantity that Dan should order to maximize his expected profit?arrow_forward8. An acquaintance in marketing has requested your help in pricing the Spider Cider product for the launch. They tell you that for every day after the Spider Cider beverage is produced the company incurs a $3,650 fee to keep the unbottled beverage in vats, at 17.00°C, and the postponement of sales in stores. If Witch's Brew wants to make a minimum profit of $50,000, how much will each Spider Cider drink need to cost after choosing the bid with the lowest overall unit cost? (Hint: think of ALL the costs associated with the final beverage.) References:arrow_forward
- Marketingarrow_forwardWhich cereal is the better buy: Brand A, on sale at $10 for five 12.8-ounce boxes or Brand B, which costs $10 for four 16.9-ounce boxes?arrow_forwardAt a recent manufacturing workshop, XYZ, Incorporated explained that demand for disposable masks increase rapidly in March 2020 when quarantine mandates first took effect. At the time, retailers could only place a single order to cover demands through the end of the summer. A certain retailer purchased disposal masks from a supplier at a cost of $20 per unit and sold them for $30 per unit. By the end of summer, demand for masks subsided considerably and all masks that weren't sold during the summer could be sold at a discounted price of $18 per unit. The retailer estimated that demand between March and August would be Normally distributed with mu = 10,000 and sigma = 1525 units With, supply chains becoming more stable since March 2020, the retailer is currently in the process of establishing a contract with a disposable mask supplier. The supplier has agreed to sell masks to the retailer for $18 per unit and will make deliveries any time the supplier places an order for a cost of $100…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios