What is the optimal production schedule for this firm

Assignment Help Computer Engineering
Reference no: EM131027452

Question 1-

Activity

Mean duration

Std. dev. (days)

A

11

0.9

B

13

1.1

C

7

0.2

D

9

0.8

E

6

1

F

7

1.2

G

10

0.7

H

9

0.6

I

8

0.8

Table 1

Complete the following:

1. Calculate the project completion time.

2. Indicate the critical path activities.

3. What is the probability of completing this project between 38 and 40 days?

4. What are the slack values for activities C and F? Interpret the meaning of their slack values?

Question 2 - A registered nurse is trying to develop a diet plan for patients. The required nutritional elements are the total daily requirements of each nutritional element as indicated in Table 2:

Required nutritional element total and daily requirements

Calories

Not more than 2,700 calories

Carbohydrates

Not more than 300 grams

Protein

Not less than 250 grams

Vitamins

Not less than 60 units

Table 2

The nurse has four basic types to use when planning the menus. The units of nutritional element per unit of food type are shown in Table 3 below. Note that the cost associated with a unit of ingredient also appears at the bottom of Table 3.

Required nutritional element and units of nutritional elements per unit of food type

Element

Milk

Chicken

Bread

Vegetables

Calories

160

210

120

150

Carbohydrates

110

130

110

120

Protein

90

190

90

130

Vitamins

50

50

75

70

Cost per unit

£0.42

£0.68

£0.32

£0.17

Table 3

Moreover, due to dietary restrictions, the following aspects should also be considered when developing the diet plan:

1. The chicken food type should contribute at most 25% of the total caloric intake that will result from the diet plan.

2. The vegetable food type should provide at least 30% of the minimum daily requirements for vitamins.

Complete the following: Provide a linear programming formulation for the above case. (You do not need to solve the problem.)

 Individual Project-

The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windows software to solve a linear programming problem and perform sensitivity analysis.

POM-QM for Windows software

For this part of this project, you will need to use the POM software:

1. Read Appendix IV of the Operations Management (Heizer & Render, 2011) textbook.

2. Install and launch the POM-QM for Windows software and from the main menu selectModule, and then Linear Programming.

3. Program the linear programming formulation for the problem below and solve it with the use of POM. (Refer to Appendix IV from the Heizer and Render (2011) textbook.)

For additional support, please reference the POM-QM for Windows manual provided in this week's Learning Resources.

Individual Project problem

A firm uses three machines in the manufacturing of three products:

  • Each unit of product 1 requires three hours on machine 1, two hours on machine 2 and one hour on machine 3.
  • Each unit of product 2 requires four hours on machine 1, one hour on machine 2 and three hours on machine 3.
  • Each unit of product 3 requires two hours on machine 1, two hours on machine 2 and two hours on machine 3.

The contribution margin of the three products is £30, £40 and £35 per unit, respectively.

Available for scheduling are:

  • 90 hours of machine 1 time;
  • 54 hours of machine 2 time; and
  • 93 hours of machine 3 time.

The linear programming formulation of this problem is as follows:

Maximise Z = 30X1 + 40X2 + 35X3

3X1 + 4X2 + 2X3 <= 90

2X1 + 1X2 + 2X3 <= 54

X1 + 3X2 + 2X3 <= 93

With X1, X2, X3 >= 0

1. What is the optimal production schedule for this firm? What is the profit contribution of each of these products?

2. What is the marginal value of an additional hour of time on machine 1? Over what range of time is this marginal value valid?

3. What is the opportunity cost associated with product 1? What interpretation should be given to this opportunity cost?

4. How many hours are used for machine 3 with the optimal solution?

5. How much can the contribution margin for product 2 change before the current optimal solution is no longer optimal?

Reference no: EM131027452

Questions Cloud

Significant demand for pizza and other fast food : Your friend asked you to loan her $50,000 so that she can start a pizza restaurant in her hometown. In justifying this loan, she argues that there must be significant demand for pizza and other fast food in her hometown because there are lots of such..
Functional approach : Functional Approach- The functional structure is the most commonly used by most businesses. It’s a top-down flowchart with a high ranking executive at the top, with multiple middle managers – such as the human resources, marketing, accounting and eng..
There appears to be an almost magical transition : There appears to be an almost magical transition that must occur for an entrepreneurial organization to mature and work efficiently with the men and women which dominate the world of big business. My question is can you identify that point where tran..
Applicants perspective throughout the selection process : What are the costs and benefits to employers of being responsive to the applicant’s perspective throughout the selection process? Are the concerns of applicants who are eventually accepted different than those of applicants that are eventually reject..
What is the optimal production schedule for this firm : What is the optimal production schedule for this firm? What is the profit contribution of each of these products? What is the marginal value of an additional hour of time on machine 1? Over what range of time is this marginal value valid
Creating personal brand is essential to career success : Creating a personal brand is essential to career success because it:
According to the lesson material : According to the lesson material, Bradley suggests to follow three steps for developing career resilience: Each of the following tasks contribute to Bradley's suggestion EXCEPT which of the following?
Career resilience focuses on utilizing : Career resilience focuses on utilizing which of the following skills? Demonstrating a positive attitude in times of change. Managing personal feelings and impulses. Developing an effective plan of action
Skills necessary for the workplace : Skills necessary for the workplace include all of the following EXCEPT:

Reviews

Write a Review

Computer Engineering Questions & Answers

  Can a relation be stored as a sequential file

How various times should a user be allowed to mistype a password before the conversation is terminated.

  What is difference between client and a server

What are the differences between client and a server. What is function of each layer in a three-layer application?

  How might you improve your performance in the case

After a computer forensics investigation, you need to meet with your department or group of fellow investigators and critique the case in an effort to improve your work. define how to make a self-evaluation of your work by answering.

  Find the average number of miles per gallon

design a class named Vehicle that acts as a superclass of vehicle types. The Vehicle class contains private variable fo rthe number of wheels and the average number of miles per gallon.

  Design a detail report that will display all courses

make a switchboard design with control buttons that lead to students, instructors, courses, course schedules, and course rosters. Allow a user to add, update, or delete records in each area. Jesse wants to see storyboards that show the proposed sc..

  Questionon modern networked computers maintaining the

questionon modern networked computers maintaining the correct time on each machine is important. computers on a lan or

  Traffic light sequence

Give the minimum number of flip flops for such sequence. Be aware that the binary numbers where all the inputs are equal (e.g., 0 and 3) are not being used. You may treat impossible states as don't cares (Justify your answer):

  Write a program that uses a nested for loop

Write a program that uses a nested for loop to compute the average grade for a class of 12 students in each of three subjects. The program asks the user to enter the grade of each student in subject 1 and computes the average for that subject.

  Why you believe your solution would solve two mens problem

Consider this scenario: Mr. Brown and Mr. Green have argued several times about which one of them has the slowest horse. They have swapped stories, each telling of the races his horse has lost, but each man also has failed to convince the other th..

  Design the storyboards

Design the storyboards, interactivity diagram, object dictionary, and any essential scripts for an interactive program for customers of Carrie's Custom T-Shirts.

  Programmatic access to a database through the Internet

Programmatic access to a database through the Internet

  Identify the key features of a laptop and a tablet next

explain the main factors that you should consider before deciding between a laptop or a tablet to buy.identify the key

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