Outdoor furniture produce to obtain largest possible profit

Assignment Help Operation Management
Reference no: EM131124521

The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next production cycle, 1,200 hours of labor are available under a union agreement. The firm also has a stock of 3,500 board feet of good-quality redwood. Each bench that Outdoor Furniture produces requires 4 labor hours and 10 board feet of redwood; each picnic table takes 6 labor hours and 35 board feet of redwood. Completed benches will yield a profit of $9 each, and tables will result in a profit of $20 each. a. How many benches and tables should Outdoor Furniture produce to obtain the largest possible profit? Use the graphical LP approach. (Submit both the QM and the graphical solution.)

Reference no: EM131124521

Questions Cloud

Calculate the measures of effect that you shared : Choose one of the top 10 leading causes of death in the country and report on the measures of effect from the CDC website. Discuss whether or not this disease or topic should garner as much research and awareness as it receives, or whether it deserve..
Property rights prior to starting consulting project : Which document would Alex, a computer programmer, sign in order to protect his intellectual property rights prior to starting a consulting project? A A contract to not engage in unfair business practices B No agreement needed C A nondisclosure agreem..
Creative material can be reproduced : What changes should be made to copyright law to reflect the ease with which much creative material can be reproduced and distributed over the Internet? What concerns are there with any such law?
Creating your marketing plan : This is the next step in creating your marketing plan. Please follow the directions in Week One and reference the marketing plan outline in Appendix A of your text
Outdoor furniture produce to obtain largest possible profit : The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: its carpenters (labor force) and a supply of redwood for use in the furniture. During the next produc..
Explain three different models of judicial decision making : Explain the three different models of judicial decision making. Tell their strengths and weaknesses. Then, explain which you think best describes the behavior of Supreme Court Justices, and why.
Contracts must be in writing to be enforceable in court : Under contract law in the U.S., certain types of contracts must be in writing to be enforceable in court. What is the legal designation of such a contract in the U.S.? List and define the five types of contracts that must be in writing.
Cigarette manufacturers for smoking-related illnesses : Should plaintiffs be able to recover from cigarette manufacturers for smoking-related illnesses? Are there variables that should affect the manufacturers’ liability? What are they? What effect should the warnings on cigarette packages have on the out..
Despite an offer of considerable raise in salary : Despite an offer of a considerable raise in salary upon joining a new team, Jonathan chooses to remain and work in his present team. This implies that Jonathan has developed a high degree of _____ for his present team.

Reviews

Write a Review

Operation Management Questions & Answers

  Present value of annuity problem

You will receive $1,000 at the end of the next 10 years, assuming a 7% discount rate, what is the present value of the cash flows?

  Balancing confidentiality of individual health information

Balancing the confidentiality of individual health information with the need to protect public health, the HIPAA Privacy Rule expressly permits certain disclosures of protected health information (PHI) to public health authorities without an individu..

  Instituted polices and procedures that facilitate strategy

Instituted polices and procedures that facilitate good strategy execution? Explain.

  Perform an analysis of the social

Perform an analysis of the social / demographic, technological, economic, environmental / geographic, and political/legal / governmental segments to understand the general environment facing Union Pacific.

  The financial plan is important

The financial plan is important because it: A)Translates all support plans into monetary terms: b) Identifies the internal sources of funds. c)presents an approach for raising of capital from external sources

  Customer service-smart business plan

Airline Industry offers a separate counter for their first class customers – is this consumer discrimination. Identify a similar industry that engages in this practice. Is this a smart business plan?

  What is the best implementation strategy for your process

What are the risks for your project, ways to mitigate them, and the best leader type for this project, What is the best implementation strategy for your process, pilots, and contingency plans for your project

  Describe how your baldrige case study company does this

To ensure the proficient implementation of strategy in an organization, top-level executives can best achieve this by delegating authority to middle and lower-level managers and by creating a sense of empowerment among employees.

  Explain how the management functions of planning organizing

a describe how the management functions of planning organizing leading and controlling relate to the engineering design

  What is the optimal value of the holding and setup costs

what is the optimal value of the holding and setup costs for wafers when the optimal source is used?

  What are advantages of basing a suppliers overall evaluation

What are the advantages of basing a supplier's overall evaluation on its lowestperformance on one of the five dimensions (Quality, Delivery, Cost Management,Technical Support and Wavelength)?

  The manager projects an average demand

the manager projects an average demand of between 14 and 18 cars an hour. would you reccomend 1 or 2 lines? explain. also, the car wash is open 300 hours a month.

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