Determine production schedule using linear programming model

Assignment Help Basic Statistics
Reference no: EM13125827

Two models of a product - Regular (X) and Deluxe (Y) - are produced by a company. A linear programming model is used to determine the production schedule. The formulation is as follows:

Maximize profit = 50X + 60 Y

Subject to: 8X + 10Y ≤ 800 (labor hours)

X + Y ≥ 120 (total units demanded)

4X + 5Y ≤ 500 (raw materials)

all variables ≥ 0

How many units of the regular model would be produced based on this solution?

A. 0
B. 100
C. 50
D. 120
E. none of the above

Reference no: EM13125827

Questions Cloud

Determining boolean function : Implement the following boolean function with a 4x1 multiplexer and external gates. Connect inputs A and B to the selection lines. The input requirements for the four data lines will be a function of variables C and D.
Amortization of intangible assets : During the year, samuels reported net income of $300,000, including amortization of intangible assets of $66,000, depreciation of plant assets of $132,000, and amortization of premium on investment in bonds of $20,000.
Illustrate what is the factory overhead rate for factory : Illustrate what is the factory overhead rate for Factory 1 (dollar amount per machine hr), Factory 2 (dollar amount per direct labor hr),balances of the factory accounts for each factory as of November 30.
Discuss the business environment at xerox : Discuss the similarities and differences between the indicators of finance leases under IFRS and the criteria for capitalizing leases under U.S. GAAP and explain which approach you believe most accurately reflects the information on the financial ..
Determine production schedule using linear programming model : Two models of a product - Regular (X) and Deluxe (Y) - are produced by a company. A linear programming model is used to determine the production schedule.
Explain ideal gas law and meteorological balloon : Ideal gas law and meteorological balloon, Balloons are still used to deploy sensors that monitor meteorological phenomena and the chemistry of the atmosphere. It is possible to investigate some of the technicalities of ballooning by using the perf..
Explain how do you journalize this : The equipment had a cost of $224,000 and accumulated depreciation of $44,800 as of October 17. Explain how do you journalize this?
Solve virial equation : Solve Virial equation (the virial equation expanded in 1/ Vm )are expansions in p and 1/Vm,respectively
Determine what social issues : From the e-Activity, determine what social issues you see when you investigated food deserts near your hometown and around the country.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find margin of error associated with confidence interval

We are interested in a 95% confidence interval for the population mean score. The margin of error associated with the confidence interval is?

  Consists of personal interviews with participants

For a study that consists of personal interviews with participants (rather than mail or phone surveys), explain why simple random sampling might be less practical than some other sampling methods.

  Find number of students left after twelve months from course

There are twelve months. Given the cohort of 100 which starts the program, about how many are left after twelve months?

  Population standard deviations-margin of error

The average age of the women was 36.97 with a standard deviation of 8.893. If a 95% confidence interval is calculated to estimate the difference between the two average ages, what is the margin of error? Assume both population standard deviations ..

  Anova procedure for data

An ANOVA procedure is used for data that was obtained from four sample groups each comprised of five observations. The degrees of freedom for the critical value of F are:

  Find expected value and standard deviation of the number

What are the expected value and standard deviation of the number of small aircraft that arrive during a 90-min period?

  Hypothesis test-confidence interval mean by t distribution

Calculate separate confidence intervals for the numbers of days absent for Clinic A and Clinic B, respectively.

  Confidence interval for the true average commuting time

You took the standard deviation of 4.5 minutes from a commuting friend and believe that that is the standard deviation for the area. Prepare a 95% confidence interval for the true average commuting time.

  Critical and computed values for t test

Suppose that, for a t test, your computed value for t is +3.28. The critical value of t is +2.048. Explain what this means. Do you reject the null hypothesis or not?

  Process of statistical quality control

Analyze the process of statistical quality control and determine which part of the process would be most difficult and what steps could be taken to mitigate the anticipated difficulty.

  Reporting by scarborough research

According to a report by Scarborough Research, the average monthly household cellular phone bill is $73. Suppose local monthly household cell phone bills are normally distributed with a standard deviation of $11.35.

  Most effective dosage and method of administration

In an experiment on a new drug to determine the most effective dosage and method of administration, subjects were randomly assigned to either 5, 10, 15, or 20 mg of the active drug.

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