Formulate and solve this lp production mix situation

Assignment Help Operation Management
Reference no: EM13110635

The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period., 240 hours of wiring time are available and up to 140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate and solve this LP production- mix situation, and find the best combination of air conditioners and fans that yields the highest profit.

Reference no: EM13110635

Questions Cloud

Distinction between null and alternate hypothesis : Explain the difference between the null hypothesis and the alternate hypothesis. How is the null hypothesis chosen (why is it null)? What is the importance of rejecting the null hypothesis, can we make a geneeral staement about the population base..
Explain how does process prevent a blockage of glycolysis : The reactions of glycolysis are catalyzed by enzymes and obviously proceed without much problem. However, when we look at some of the individual steps, they have positive standard free energies. What are these steps and how does the process preven..
Hypothetical decision : Identify a decision process within your work or business interests that could be resolved based on data.
Determining the significance level : During recent seasons, Major League Baseball has been criticized for the length of the games. A report indicated that the average game lasts 3 hours and 30 minutes.
Formulate and solve this lp production mix situation : The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling.
Question regarding simple linear regression : The president of Crooked Arrow National Bank wants to determine whether more than 60% of the banks loans are made to persons residing in Crooked Arrow.
Calculate average time between arrivals : Simulate arrival of cars at service station for one hour using different stream of random numbers from those used in (a), and calculate average time between arrivals.
Explain why fungi are characterized as being : Explain why fungi are characterized as being either saprophytic or parasitic. How does the fungi benefit by being saprophytic or parasitic?
Why global beverage company require the central management : Why would businesses like your chosen global beverage company require the central management of all of these various currencies by a central authority like the International Monetary Fund?

Reviews

Write a Review

Operation Management Questions & Answers

  Illustrate what are some of the problems aecs facing

Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.

  Formulate and solve a linear programming model for mega stat

Formulate and solve a linear programming model for mega stat for this make-or-buy application. How many of each component should be manufactured and how many should be purchased?

  Describe effective diagnostic model at organization level

Describe an effective diagnostic model at the organization-level. Discuss its major inputs, outputs and strategic orientation. What is social media and what are some of the social media tools used by businesses?

  Illustrate what should management do to achieve payoff

Expanding stadium in this scenario has a payoff of $10 million, whereas maintaining same number of seats has a payoff of only $3 million. Draw a decision tree for this problem. Illustrate what should management do to achieve highest expected payoff..

  Federal express has registered impressive increases

Federal Express has registered impressive increases in sales and profits by emphasizing development speed.

  George has a standard unendorsed personal auto policy

George has a standard, unendorsed personal auto policy (PAP) with coverage for collision loss( with $ 500.00 deductible) and other than collision loss

  Illustrate what are some of the problems aecs facing

Illustrate what are some of the problems AECS facing. Are they inherent in its model or they could be rectified while keeping the model intact.

  Is there an operation that you commonly deal with

Is there an operation that you commonly deal with that may benefit from Poka-Yoke philosophy. Can you classify any non-value added waste in certain operations.

  Illustrate what is the break-even point

Assume a fixed price of $900, a variable price of $4.50 also a selling price of $5.50. Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $500.00.

  First printing has contracts with legal firms

First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 12,500 pages of documents

  If the digital system has a life of ten years and a salvage

If the digital system has a life of ten years and a salvage value of $ 10,000 at that time, what is the IRR of the new system? Should this project be undertaken?

  What aspects of hrm are you using

What aspects of HRM are you using, or have used, in your current or former jobs, If you do not have experience with HRM, does a career in Human Resource Management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd