Explain the decision variables for this problem, Operation Management

Assignment Help:

Problem 4: Comp-Max Computers assembles computers and computer equipment. It is about to start production of three new types of computers, called model A, B, and C, respectively. Each type will require assembly time, inspection time, and storage space. The availability of each of these resources is limited. Specifically, available assembly time is 200 hours, available inspection time is 44 hours, and available storage space is 78 cubic feet (about 2.2 m3). The amount of each resource required for the different products is reported in the table below. Model A earns a profit of $80 per unit, model B earns a profit of $60 per unit, and model C earns a profit of $45 per unit. Due to some prior agreements with customers, Comp-Max must produce at least 5 model A computers. In addition, management requires that the fraction of total production made up of model C computers must not exceed 25%.

Formulate a linear program (LP) that will help the manager determine the quantity of each model to produce in order to maximize profit.

a). Define the decision variables for this problem.

b). Write out the objective function for this problem in terms of the decision variables defined above.

c). Write out any constraints necessary for this problem in terms of the decision variables defined above


Related Discussions:- Explain the decision variables for this problem

Explain customers preferred bidders list for future contract, A customer is...

A customer is unhappy with the performance thus far on a project. The customer states that, unless scope changes are made at the contractors expense, the contractor would be remove

Application of transportation models, Application of Transportation Models:...

Application of Transportation Models: 1. Transportation  Management  solution allow  importers exporters  and logistics providers to  manage the spiralling costs associated wi

Describe dss category-type according to the ais taxonomy, Your proposal wil...

Your proposal will have the following elements: (a) State your targeted problem/decision process Examples are: - Hotel Reservation Recommender System - Course Selection

Why the supply chain management such a topic of interest, Why is supply cha...

Why is supply chain management such a topic of interest lately, especially multifacility distribution?

Explain how much clout does your boss really have, Describe how to negotiat...

Describe how to negotiate for more compensation. Explain why one must be assertive to earn what he or she deserves. Relate four things not to do when asking for a raise. How much c

Process capability - statistical process control, Process Capability - Stat...

Process Capability - Statistical Process Control The controls charts described so far are concerned with maintaining the stability of a process, but they offer no comment on

Explain and evaluate kevin mccarthy leadership style, LEADERSHIP DEVELOPMEN...

LEADERSHIP DEVELOPMENT: CASE FOR ANALYSIS Alvis Corporation Kevin McCarthy is a manager of a production department in Alvis Corporation, a firm that manufactures office equip

Explain mitigate the anticipated difficulty, From the e-Activity, analyze t...

From the e-Activity, analyze the process of statistical quality control and determine which part of the process would be most difficult for you personally as well as what steps you

Explain primary responsibility for productivity, Productivity should be a c...

Productivity should be a concern of every business organization. a. How is productivity defined? b. How are productivity measures used? c. What part of the organization has primary

Explain insufficient to handle the increased workload, A company that produ...

A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the increased workload, so the company is considering t

Write Your Message!

Captcha
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