Mhy inc. is a small firm that produces two chemical

Assignment Help Operation Management
Reference no: EM13841136

MHY Inc. is a small firm that produces two chemical-based products: fuel 1 and fuel 2 using three raw materials. the three raw materials will be blended to make the tow products as follows. the proportions of the materials used for each ton of the two fuels are shown below along with the available amounts of the materials. (For example, a ton of fuel 1 is a mixture of 0.4 ton of Material 1 and 0.6 ton of material 3). The profit contributions are $40 for each ton of fuel 1 and $30 for each ton of fuel 2. 

                        Fuel 1      Fuel 2                     Amount Available for Production

Material 1         0.4          0.5                                         20 tons 

Material 2                        0.2                                         5 tons

Material 3        0.6           0.3                                        21 tons

 

a. Define the variables are write up a linear programming model. 

b. Graphically solve the model to find optimal solutions.

Reference no: EM13841136

Questions Cloud

The three most important issues in supply chain management : 1)What, in your opinion, are the three most important issues in supply chain management? Discuss why you think these are the key issues.
What are economies of scale in a manufacturing plant : What are economies of scale in a manufacturing plant? Do they continue forever? What are diseconomies of scale? How might you decide the optimal size of a plant?
Calculate the x-bar and the r control charts : Ten samples of n = 8 have been taken from a manufacturing process. The average of the means is A cm. The average sample range for the 10 samples was B cm. Calculate the X-bar and the R control Charts. One Sample average is above the UCL of the X-bar ..
Social business networking and e-commerce : Social Business Networking and E-Commerce. Select one of the social networking sites for business professionals listed in Insights and Additions box 3.2 in Chapter 3 of your text. Discuss why you believe it has been successful in creating community.
Mhy inc. is a small firm that produces two chemical : MHY Inc. is a small firm that produces two chemical-based products: fuel 1 and fuel 2 using three raw materials. the three raw materials will be blended to make the tow products as follows. the proportions of the materials used for each ton of the tw..
Doing research in tool life of solid carbide endmills : Doing research in tool life of solid carbide endmills and I was looking at your formulas.
How often will tea be ordered : How many cases should be ordered at a time? How often will tea be ordered? What is the annual cost of ordering and carrying tea? What factors might cause the firm to order a larger or smaller amount than the EOQ?
Write essay on nelson mandela : Write Essay On Nelson Mandela
Describe strategic leadership and how important it : Describe strategic leadership and how important it

Reviews

Write a Review

Operation Management Questions & Answers

  What competitive alternatives are products coinstar offers

What competitive alternatives are there to products Coinstar Offers? Do these alternatives pose a short or long term threat?

  Explain concept of strategic compensation-human resource

Discuss and explain the concept of Strategic Compensation as a component of human resource systems. Include in you discussion strategic and tactical decisions, and the role of Stakeholders. Discuss and explain Contextual Influences. Include in your d..

  Identify forces of change

Discuss the following points regarding how to identify forces of change and their impact:

  Use both positive and negative reinforcement

If you, as a manager, had to help change an employee’s behavior to make him or her more productive, what course of action would you take? How might you use both positive and negative reinforcement?

  Find the new product strategy at minnesota biolabs

What triggered the new product strategy at Minnesota Biolabs? What prediction would you make for the success of getting the country general managers in Europe and Japan to adopt the new product?

  The formulas for eoq and epq become the same

When do the formulas for EOQ and EPQ become the same?

  Audits are commonly associated with the financial

Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of Mcdonald's

  What is the size of your potential target market

What is the size of your potential target market?

  Dfine the word social responsibility from that view-point

define the term social responsibility. from that perspective considering that both financial and strategic objectives

  Identifying key implementation challenges

Kotter identifies eight key implementation challenges. Which two do you think would be the most critical to overcome in your organization? Why?

  Focused cost leadership strategy

Picked Southwest Airlines for this week’s topic since I flew their ABQ to LAX route so many times over the past 4 years and really enjoyed my experience. Before I started researching this week’s topic, I was sure I would be writing about “Focused Cos..

  Write down the main elements of the air transportation

what are the main elements of the air transportation infrastructure? how would the quality and dependability of the air

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