Formulate a linear programming model for the problem

Assignment Help Operation Management
Reference no: EM131030269

A company manufactures metal sheets and metal bars. The maximum production capacity is estimated at either 800 sheets or 600 bars per day. The maximum daily demand is 550 sheets and 580 bars. The profit is $40 per sheet and $35 per bar.

Formulate a linear programming model for the problem to maximize profit (clearly define your decision variables, objective and constraints).

Please explain and show all work.

Reference no: EM131030269

Questions Cloud

The primary test of feasibility in a reorganization : (a) The primary test of feasibility in a reorganization is whether every claimant agrees with the reorganization plan.(b) The basic doctrine of fairness states that all debt holders must be treated equally.
What is the value quotient : If the value added time of a process includes three tasks of 45 seconds, 25 seconds and 10 seconds respectively and two tasks of non-value added time that together total 35 seconds, what is the value quotient?
What is the magnitude of the repulsive force between : What is the magnitude of the repulsive force between
What annual contributions to the retirement fund : You wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $32,000 for 25 years after retirement. During the period before retirement you can earn 8 percent annually, while after retirement..
Formulate a linear programming model for the problem : A company manufactures metal sheets and metal bars. The maximum production capacity is estimated at either 800 sheets or 600 bars per day. The maximum daily demand is 550 sheets and 580 bars. The profit is $40 per sheet and $35 per bar. Formulate a l..
Board of directors of the miami heart group : You are attending a meeting with the Board of Directors of The Miami Heart Group, P.A.  The doctors are concerned about the large amount of cash that accumulates in the practice checkbook for long periods of time.  Explain to them cash management and..
Prepare the firms annual report and spreadsheet : Find your companys spreadsheet by clicking on ‘Company Spreadsheet' in the top centre box on Moodle - Discuss with others, perhaps f2f, through our blogs, Facebook, Moodle forums or email about what you learnt about each other's firms.
Decision-making at general electric : What would you argue was the single most important decision point for GE and Jack Welch during this time period? How would you describe the decision-making process in that instance? How much of the process was Jack Welch himself, and how much the ove..
The laporte corporation has a new rights offering : The LaPorte Corporation has a new rights offering that allows you to buy one share of stock with 3 rights and $20 per share. The stock is now selling ex-rights for $26. The price rights-on

Reviews

Write a Review

 

Operation Management Questions & Answers

  Path-goal theory-normative decision theory

Identify a well-known leader and briefly describe the characteristics that best differentiate him/her from others. Apply Fiedler’s contingency theory, path-goal theory, normative decision theory and visionary leadership to this leader’s style. Determ..

  Characteristics of online web conference meetings

Describe three characteristics of online web conference meetings that distinguish them from other conference meetings.

  Reduce the case to a series of discrete

Reduce the case to a series of discrete, single activities and decisions - flowchart, abbreviate the activities and decisions.

  Traditional training methods

"Traditional Training Methods" Please respond to the following: Assess key roles of training method as it applies to today’s virtual era. Provide examples from the scenario and the textbook to support your rationale.

  How can managers shape behavior

If an employee had low self-esteem? How can managers shape behavior? Bring into your discussion the concepts of reinforcement, punishment and extinction.

  Anyone good with linguistics-headlines transitive

Anyone good with linguistics? Are the following headlines transitive or intransitive?

  Technology impact on human resources

THREE advantages and THREE disadvantages to utilizing Applicant Tracking Systems. Next, suggest TWO potential solutions for improving Human Resource Information Systems operations.

  If the digital system has a life of ten years and a salvage

If the digital system has a life of ten years and a salvage value of $ 10,000 at that time, what is the IRR of the new system? Should this project be undertaken?

  Elucidate how can we keep the stereotypes

Elucidate how can we keep the stereotypes we have from interfering with the way we work in team projects. Identify TWO specific things you could do to help prevent stereotypes from inhibiting effective team relationships.

  Present the business case in quantitative-qualitative way

Wilson Sports is a family owned business that carries sports equipment and unique items not carried in the major chains. Recently Dick’s Sporting Goods moved to the same town as Wilson Sports. The opening of this new sports store has caused some conc..

  What are the exoected values

Bradley Architectural, a primarily residential architectural firm, was just notified of an urgent request for a development proposal on a property. They are almost certain that the proposal will go to a competitor, who has been involved with the proj..

  Explain the ethical implications of this incentive

Not long ago, Microsoft set up a program whereby computer science professors would receive $200 for mentoring Microsoft’s products at public presentations. The money was used to offset travel costs to attend these sessions. Explain the ethical implic..

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