17th Edition

ISBN: 9781323432464

Author: HEIZER

Publisher: PEARSON C

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Textbook Question

Chapter B, Problem 7P

Green Vehicle Inc. manufactures electric cars and small delivery trucks. It has just opened a new factory where the C1 car and the T1 truck can both be manufactured. To make either vehicle, processing in the assembly shop and in the paint shop are required. It takes 1/40 of a day and 1/60 of a day to paint a truck of type T1 and a car of type C1 In the paint shop, respectively. It takes 1/50 of a day to assemble either type of vehicle in the assembly shop.

A T1 truck and a C1 car yield profits of $300 and $220, respectively, per vehicle sold.

a. Define the objective function and constraint equations.
b. Graph the feasible region.
c. What is a maximum-profit daily production plan at the new factory?
d. How much profit will such a plan yield, assuming whatever is produced is sold?

Expert Solution & Answer

Chapter B Solutions

OPERATIONS MANAGEMENTW/OML LAB >C<

Ch. B - Prob. 1DQ Ch. B - Prob. 2DQ Ch. B - Prob. 3DQ Ch. B - Prob. 4DQ Ch. B - Prob. 5DQ Ch. B - Prob. 6DQ Ch. B - Prob. 7DQ Ch. B - Prob. 8DQ Ch. B - Prob. 9DQ Ch. B - Prob. 10DQ

Ch. B - Prob. 11DQ Ch. B - Where a constraint crosses the vertical or...Ch. B - Prob. 13DQ Ch. B - The LP relationships that follow were formulated...Ch. B - Prob. 2P Ch. B - Prob. 3P Ch. B - B.4. Consider the following linear programming...Ch. B - Prob. 5P Ch. B - Prob. 6P Ch. B - Green Vehicle Inc. manufactures electric cars and...Ch. B - Prob. 8P Ch. B - Prob. 9P Ch. B - Prob. 10P Ch. B - Prob. 11P Ch. B - Prob. 12P Ch. B - Prob. 13P Ch. B - Prob. 14P Ch. B - Prob. 22P Ch. B - A fertilizer manufacturer has to fulfill supply...Ch. B - Prob. 25P Ch. B - Prob. 26P Ch. B - Prob. 27P Ch. B - Prob. 28P Ch. B - Prob. 29P Ch. B - Prob. 30P Ch. B - How many corner points are there in the feasible...Ch. B - Prob. 34P Ch. B - Prob. 35P Ch. B - Prob. 36P Ch. B - Prob. 37P Ch. B - Prob. 38P Ch. B - Bowman Builders manufactures steel storage sheds...Ch. B - Prob. 40P Ch. B - Prob. 41P Ch. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Prob. 1.1VC Ch. B - Prob. 1.2VC Ch. B - Prob. 1.3VC Ch. B - Prob. 1.4VC

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Seas Beginning sells clothing by mail order. An important question is when to strike a customer from the companys mailing list. At present, the company strikes a customer from its mailing list if a customer fails to order from six consecutive catalogs. The company wants to know whether striking a customer from its list after a customer fails to order from four consecutive catalogs results in a higher profit per customer. The following data are available: If a customer placed an order the last time she received a catalog, then there is a 20% chance she will order from the next catalog. If a customer last placed an order one catalog ago, there is a 16% chance she will order from the next catalog she receives. If a customer last placed an order two catalogs ago, there is a 12% chance she will order from the next catalog she receives. If a customer last placed an order three catalogs ago, there is an 8% chance she will order from the next catalog she receives. If a customer last placed an order four catalogs ago, there is a 4% chance she will order from the next catalog she receives. If a customer last placed an order five catalogs ago, there is a 2% chance she will order from the next catalog she receives. It costs 2 to send a catalog, and the average profit per order is 30. Assume a customer has just placed an order. To maximize expected profit per customer, would Seas Beginning make more money canceling such a customer after six nonorders or four nonorders?

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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY

Solution Summary: The author explains the objective function and constraint equations for the given information.

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Chapter B Solutions