What is the range of optimality for product

Assignment Help Operation Management
Reference no: EM131228360

The optimal solution of the linear programming problem is at the intersection of constraints 1 and 2.

Max 3X + 3Y

s.t. 2X + 3Y < 12

6X + 3Y < 18

X , Y > 0

a. What is the range of optimality for product X?

b. What is the range of optimality for product Y?

Reference no: EM131228360

Questions Cloud

Treatment of both covert and overt salts applications : Explain how the company's treatment of both 'covert" and "overt" salts applications for jobs compares to the recommended counter-salting steps for employers. Company is engaged in the business of removing or cleaning hazardous waste. Most of its fall..
Traditional-agile schedule developments are quite different : As we have seen, traditional and Agile schedule developments are quite different. Agile project management was originally developed to do software development. Could a traditional process be successfully used to develop a new software program? Why or..
Topic for this chapter is sales and operation planning.\ : The topic for this chapter is sales and operation planning. A local firm manufactures children's toys. The projected demand over the next four months for one particular model of toy robot is as follows: Assume that the normal workday is 8 hours. Hiri..
The model college counseling center : Perform a SWOT analysis for the counseling center of Hillsboro University and answer the following questions What are the real issues at stake? If you were to be involved in a planning process like the one suggested by the university vice president, ..
What is the range of optimality for product : The optimal solution of the linear programming problem is at the intersection of constraints 1 and 2. What is the range of optimality for product X? What is the range of optimality for product Y?
Engagement ring which she happily accepts : You give your girlfriend Kay an engagement ring which she happily accepts. Before the wedding, you discover she has posed in Playboy magazine and you don’t want to marry her so you break off the engagement. Who gets the ring?
Pharmaceuticals makes hair growth drug called rugmax : ACME pharmaceuticals makes a hair growth drug called “Rugmax.” This drug, when taken properly, is designed to stimulate hair cells in the scalp for a more thicker hairline. On the drug container is a warning: NOT FOR FEMALE USE. Harry and Henrietta a..
Individual plastic wrappers and frozen : Your company created a way to make crustless peanut butter and jelly sandwiches that would be appropriate to place in individual plastic wrappers and frozen. If you wanted to protect this idea and/or method, what would be the appropriate way? Do you ..
Where transportation or assignment model shows : In situations where a transportation or assignment model shows that a specific factory or location should not be utilized, due to the high cost associated with the location, should the location be shut down? Should cost be the only factor considered ..

Reviews

Write a Review

Operation Management Questions & Answers

  What happens if the feedback is unclear

What are the different types of errors, and what are some of the ways we can design our system to provide clear error messages and feedback to the user?

  Write down the implications of building quality into a

what are the implications of building quality into a product or service rather than inspecting it in? how are ethical

  Use their management resources in your career

What professional organizations might be a fit for you and how would you use their management resources in your career? What resources would you use? Explain.

  Analyze the trends in leadership and management

Analyze the key management skills discussed and determine which you believe are the most important for a successful hospitality and tourism manager to possess. Provide specific examples to support your response. Analyze the trends in leadership and m..

  Perform better under the contingency perspective

Discuss the classical perspective of management versus the contingency perspective. Give one example of a company or industry that would do well under the classical perspective and contrast that with a company that would perform better under the cont..

  Draw a graph illustrating the crossover

determine the number of units where either choice has the same cost.

  Offerings create problems for inventory management function

To be competitive, many fast-food chains began to expand their menus to include a wide range of food choices. Although this strategy contributes to competitiveness, there is an accompanying complexity of operations, including inventory management. Sp..

  What changes in the work situation might account

1. What changes in the work situation might account for the increase in productivity and the decrease in controllable rejects?

  Which is the most difficult part of retention management

In your opinion, what does it say about a company that insists on an exit interview for employees leaving the organization voluntarily and what does it say about a company that has no policy of providing an exit interview.

  Determine the optimal schedule for satisfying the demand

Formulate a model to the problem and solve determine the optimal schedule for satisfying the demand for the component over the next 6 months.

  Find multiple different positive personal finance concepts

You will need to identify a professional athlete or sports entity that can serve as a positive role model for a personal finance tip. You have a choice of focusing on a single concept (i.e. credit card use) and finding multiple examples of athletes/o..

  How much weight is placed on the most recent actual demand

Assume you are forecasting with an exponential smoothing model using α = 0.6. How much weight is placed on the most recent actual demand? How much weight is given to the demand one time period older than the most recent data?

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