Developing a production plan in attempt to maximize profits

Assignment Help Operation Management
Reference no: EM13855615

Tokyo Spas is developing a production plan in an attempt to maximize profits from the manufacture of three models of hot tubs -- Standard, Classic, and Deluxe -- this season.

These products are expected to yield estimated profits of $400, $345, and $600 each, respectively. Each hot tub produced requires the following primary resources: labor, piping, and pumps. Specifically, the Standard model requires approximately 15.5 labor hours, 14.5 feet of piping, and 1 pump per hot tub.

Each Classic model hot tub requires around 10.5 labor hours, 20.0 feet of piping, and 1 pump, while the Deluxe model requires approximately 12.0 labor hours, 22.0 feet of piping, and 2 pumps per hot tub. Over the next 3 months, it appears that there will be 2,650 labor hours available, and Toyko has recently purchased 3,450 feet of piping 231 pumps that must meet their needs during these three months (i.e., this production season).

Reference no: EM13855615

Questions Cloud

Avoid dangling and misplaced modifiers : Revise the following sentences to avoid dangling and misplaced modifiers.
Business writing is more forceful when active-voice verbs : Business writing is more forceful when it uses active- voice verbs. Revise the following sentences so that verbs are in the active voice. Put the emphasis on the doer of the action. Add subjects if necessary. To protect students, laws were passed in ..
Calculate the net present value of roto air''s : Calculate the Net Present Value of Roto Air's
Assess the situation and make a preliminary decision : ASSESS the Situation and Make a Preliminary Decision
Developing a production plan in attempt to maximize profits : Tokyo Spas is developing a production plan in an attempt to maximize profits from the manufacture of three models of hot tubs -- Standard, Classic, and Deluxe -- this season. These products are expected to yield estimated profits of $400, $345, and $..
How broad can a covenant not to compete be drafted : What are the factors to be considered in determining if an individual is an independent contractor or an employee? What effect if any, does an employee handbook have on an individual’s at will employment status? What factors were considered by the Co..
Number of different leadership styles : According to the leadership literature, there are a number of different leadership styles. Listed below are scores obtained from an instrument designed to measure a particular leadership style, which will be referred to as style X.
Create a risk register for your example project : Create a risk register for your example project. Categorize each risk, list potential causes, and list potential responses for each cause. Describe what each project success measure looks like on your example project
Leadership affect the strategy at nissan : How would you measure Ghosn's approach to leading change? How effective was he? To what extent did his leadership affect the strategy at Nissan?

Reviews

Write a Review

Operation Management Questions & Answers

  Formulate an lp model for this problem clearly define all

zippy motorcycle manufacturing produces two popular pocket bikes miniature motorcycles with 49cc engines the razor and

  Minority person-interviewed great but you think his religion

Assume you are the HR Manager of a medium sized company. You have an exempt open position to fill and have received several applications/resumes. This department has taken a lot of your time because they don't get along very well, but yet there has b..

  Explain rights of bond holders and preferred stockholders

Describe and contrast the rights of bond holders and preferred stockholders. Which has the best position in a default, which one would you buy all other things being equal.

  Write down a 3-4 page apa formatted paper by using a

we live in a very complex and culturally diverse society. when we bring individuals together from diverse backgrounds

  What are the issues what are the organizations prospects

apple iphones and samsung android phones are dominating the technology world. the worlds top two smartphone makers have

  Evaluate the completeness of their strategy for future

Suppose Honest Tea has hired you as a consultant to evaluate the completeness of their strategy for future growth. Base your evaluation on the provided SWOT analysis. Provide a rationale for your response.

  Assignment on strategic management and project selection

Strategically, what must Pan-Europa do to keep from becoming the victim of a hostile takeover? What should· Pan-Europa do now that they have won the price war? Who should lead the way for Pan-Europa?

  What is the epmo metric and what sigma level

what is the epmo metric and what sigma level does it correspond to?

  Logistics processes and supply chain management

Technology has improved logistics processes and supply chain management in the last decade. Explain how information systems or Internet technology has improved inventory management, order processing, or supply chain integration in the aviation indust..

  Concept of interactive design mean for service

What does the concept of interactive design mean for a service such as the adventure playground described here?

  Discuss different types of organizational strategies

What are the different types of organizational strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for your organization?

  Define strong leadership and program management

Successful interventions rely on strong leadership and program management, steady and adequate funding, and the governments' willingness to use their authority to improve the health of their populations. Improvements in health can, in turn, help d..

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