Write an optimization model

Assignment Help Project Management
Reference no: EM131433048

Each Alpha sold yields a net profit of $385, each Beta sold yields a net profit of $545, and each Gamma sold yields a net profit of $635. In addition, the manager of the test facilities has improved A-line testing procedures so that each Alpha requires 0.85 hour, whereas each Beta requires 0.65 hour. Testing a Gamma laptop still requires one hour. Finally, the production manager has hired additional personnel and there are now 2250 hours available each week for assembly of the three computers. 120 hours and 48 hours are respectively available on the A-line and the C-line for testing purposes each week.

(1) Write an optimization model

(2) Which capacities would you consider expanding to generate further profits? Which would not change your optimal solution even if they were expanded?

(3) Management would like to make sure that at least 20 Gammas are produced because of some ongoing contract. Revise your model. What is a new optimal solution with this additional requirement?

Reference no: EM131433048

Questions Cloud

Some people advocate isolationism : Some people advocate isolationism, which would severely restrict, if not eliminate, trade with other countries. Consider the following scenario: Imagine that the nations of the world were to suddenly cut off all trade with one another, and the people..
Law firm secretary must now? word-process an average : Due to a recent increase in? business, a law firm secretary must now? word-process an average of 20 letters a day? (assume a Poisson? distribution). It takes him approximately 20 minutes to type each letter? (assume an exponential? distribution). Ass..
Research the company sjoland and thyselius : Research the company Sjoland & Thyselius and consider the barries to the company when they decided to take over the wind tunnel services division at STARCS. Knowing what you've researched about Sjoland & Thyselius international opportunity for conduc..
Gasoline-powered engines verses battery powered engines : What is your outlook for Tesla’s future performance and its prospects for revolutionizing the global automotive industry’s use of gasoline-powered engines verses battery powered engines?
Write an optimization model : Each Alpha sold yields a net profit of $385, each Beta sold yields a net profit of $545, and each Gamma sold yields a net profit of $635. In addition, the manager of the test facilities has improved A-line testing procedures so that each Alpha requir..
Has gedicke clearly breached his duty of loyalty : Cameco, a producer of food products, employed Gedicke as a salaried traffic manager at a salary of approximately $38,000 per year. Gedicke’s primary duty was arranging transportation of Cameco’s food products to retail stores by common carrier.  Has ..
Major steps of traditional strategic planning in healthcare : describe the 5 of the major leadership theories. Which one would you most helpful in determine the right leadership style for the organization? explain why. Discuss the factors that contribute to imperfect specialization in international trade. Expla..
What type of economic system : Prepare responses to the following questions regarding your focus country Singapore: What type of economic system does it have (centrally planned, mixed, or market)? Has it always had this type of economic system? Characterize your focus country as d..
What is the average number of customers in the system : What is the average number of customers in the system? What is the average time, in minutes, a customer waits in line before being served? What is the average time, in minutes, a customer spends waiting and being served? What is the probability that ..

Reviews

Write a Review

Project Management Questions & Answers

  Article about product design and development

Article  about product design and development.

  When arrivals occur in a purely random fashion at a service

When arrivals occur in a purely random fashion at a service facility, the distribution of the number of arrivals per unit of time forms

  They are short-range plans to achieve an immediate goal

They are short-range plans to achieve an immediate goal. They refer to the “tactical” plans of the organization. They are focused only on a particular department or staff of employees in the organization.

  It project managers and traditional project managers

What is the difference between IT project managers and traditional project managers if there are so many similarities in project management discipline

  Organizations need to keep both eyes on financial and

organizations need to keep both eyes on financial and non-financial measures. getting the balance right is critical to

  Concept of change management process in a projectexplain

concept of change management process in a projectexplain the concept of the change management process within a

  Second laws of thermodynamics

Describe an imaginary process that violates both the first and the second laws of thermodynamics.

  Find balance between internal and external measures

Develop a budget template for the project in your scenario and develop a BSC which includes your suggested KPIs in the four BSC categories for the project in your scenario.

  Determine what is the smallest amount you can borrow

Determine what is the smallest amount you can borrow to raise the $30 million without giving up control

  What is the speed of the a-particle

(a) What is the speed of the α-particle? (b) What is the magnitude of the magnetic force on it? (c) What is the radius of its circular path?

  Project management closeout checklistprepare a closeout

project management closeout checklistprepare a closeout checklist for a project including details on what steps you

  A bilateral or a unilateral contract

The company refused to pay on the ground that there was no contract. Did the company and employees have a bilateral or a unilateral contract? Explain.

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