Define the objective function and and constraint equations

Assignment Help Operation Management
Reference no: EM131034482

Green vehicle Inc. manufacutres electric cars and small delivery trucks. It has opened a new factory where the C1 car and the T1 truck can both be manufactured. To make either vehicle, processing in the assembly shop and in the paint shop are required. It takes 1/40 of a day to paint the truck and 1/60 of a day to paint the car. It takes 1/50 of a day to assemble either type of vehicle in the assembly shop. Truck T1 has profit of $300 per vehicle sold. Car C1 has a profit of $220 per vehicle sold.

A) Define the objective function and and constraint equations. (show all steps when determining constraint equations)

B) What is maximum-profit daily production plan at the factory?

C) How much profit will such a plan yield , assuming whatever is produced is sold?

Reference no: EM131034482

Questions Cloud

Kind of output controls will facilitate positive interaction : You have been asked by your company’s CEO to find a way to improve the performance of its teams of web-design and web-hosting specialists and programmers. What kind of output controls will best facilitate positive interactions both within the teams a..
Use the concept of cost-benefit for capital budgeting : How do managers use the concept of cost-benefit for capital budgeting during the performing phase of the management process? Discuss how differentiating between activities that add value and those that do not add value enhance the relevance and relia..
Asking for a refund-repair-replacement or other adjustment : Choose such an incident from your own experience, and write a claim letter asking for a refund, repair, replacement, or other adjustment. You will need to include all the details of the transaction, plus your contact address and phone number. If you ..
Elements involved in implementing a global strategy : Discuss how to conduct a global strategy analysis and elements involved in implementing a global strategy. Give 5 examples, 3 references and details in 5 or 6 pages
Define the objective function and and constraint equations : Green vehicle Inc. manufacutres electric cars and small delivery trucks. It has opened a new factory where the C1 car and the T1 truck can both be manufactured. To make either vehicle, processing in the assembly shop and in the paint shop are require..
What is the SLOPE of graph at point where number of minutes : Carrier M offers Plan M-1 for $60 a month with unlimited data and texts. No minutes are included. You pay $0.12 per minute for the first 100 minutes, $0.14 per minute for minutes 101-200, $0.16 per minute for minutes 201-300, $0.18 per minute for min..
Who are the stakeholders in such a decision : The AIRPORT Dillemma Assume your community is trying to decide whether to build a new airport. Who are the stakeholders in such a decision? Who are shareholders? What differences do you see between the two groups of interested parties? What stakehold..
Describe three to four differences between business firm : Describe three to four differences between a business firm that is run according to Christianity and a business firm that is not run based on Christianity.
Identify the customers key issues : How you will hook your listener. Identify the customer’s key issues. Make the recommendation. Stress benefits, not features. Make the close. Respond to objections Write a one-page formal business letter to your supervisor explaining your campaign. Wr..

Reviews

Write a Review

Operation Management Questions & Answers

  Although there are many marketing variables

Although there are many marketing variables that impact the success or failure of strategy-implementation efforts, two variables are central to the process. What are these variables? Discuss why they are so important.

  Health care foundation that wants to revitalize primary care

You are a program officer for a major health care foundation that wants to revitalize primary care in the United States. You have been asked to look at the experiences of other countries to see whether the methods and ideas they have used to promote ..

  How can an understanding of organizational behavior

How can an understanding of organizational behavior help a manager improve employee job satisfaction and decrease turnover?

  Develop a strong talent management program

The goal is to develop a strong talent management program globally to develop and retain talent that you have been losing to competitors.

  Conducting a stakeholder analysis

From the case study, Case 3.1, analyze the problem; then, provide two key differences in data collection represented by the process of group interviewing and content analysis. Take a position on which data collection method is better. Provide at l..

  Write paper about target market

papers, one is about Target Market and the other about Competition. This is contious for the industry analysis paper.

  Nominal interest compounded quarterly

If an investor desire to earn 12% nominal interest (compounded quarterly) on $10,000 worth of these bonds

  Make decisions based on your cognitive style

How will you (or do you) make decisions based on your cognitive style? What might you overlook using your preferred approach?

  Uncertainty actions for discussion

Uncertainty Actions for Discussion-Uncertainty Making inaccurate forecasts of product demand leads to costly errors. Either a company can end up with a large stock of unwanted inventory which must be drastically discounted or they can have stockouts ..

  Difference between situational ethics and absolutism

Tell the difference between Situational Ethics (relativism) and Absolutism. (one short paragraph total). You can locate this on Google. Briefly explain how it is ethical for an individual to accumulate wealth within a capitalism society?

  Submit your powerpoint book review here

Course Operations Management.: Submit your PowerPoint Book Review here.  Each student will select a book related to the course material to read and share with the class. Prepare a 4-6 page PowerPoint presentation about the book. The presentation shou..

  What are the various sources of pressure on a business

What are the various sources of pressure on a business to act socially responsible?

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