Linear programming model for problem

Assignment Help Business Management
Reference no: EM131341523

Costal Cup Company wants to determine how many cases of large and small cups should be produced per day in order to maximize profit given the labor and material constraints.  The unit profit value for large cups is $30 per case, for small cups the unit profit value is $25 per case. There are 120 hours of labor and 2000 units of resin material available per day.  Each case of large cups requires .75 hours of labor and 15 units of resin material to produce, each case of small cups requires 1 hour of labor and 12 units of resin material to produce. 

  1. Formulate a linear programming model for this problem to determine how many bowls and how many mugs should be produced in order to maximize the total profit.
  2. Solve this problem by using the graphing method OR by using Excel Solver.
  3. What is the optimal solution?
  4. Which constraints are binding?

Reference no: EM131341523

Questions Cloud

How your community program will be marketed : Based on the information you derived from your community, propose a new community service that is aimed at reducing the effects of social inequality. Identify how your community program will be marketed towards your targeted population
Specific group decision-making techniques : Do a search on YouTube for videos on group decision making or on specific group decision-making techniques discussed in the background materials. Choose a video you found to be very useful at explaining the techniques in the background materials, ..
Compare the results of this model to biofilm of this module : Adjust the diffusion algorithm to model slower diffusion deeper within the biofilm. Compare the results of this model to biofilm of this module.
Which to evaluate the financial efficacy of project : There are numerous methods by which to evaluate the financial efficacy of a project. Based on the following methods: 1) NPV, 2) IRR, 3) Discounted Payback and 4) PI – discuss the pros and cons inherent in each method. Finally, which method is superio..
Linear programming model for problem : Formulate a linear programming model for this problem to determine how many bowls and how many mugs should be produced in order to maximize the total profit. Solve this problem by using the graphing method OR by using Excel Solver.
Discuss characteristics of culturally competent organization : Evaluate two of the five characteristics of a culturally competent organization, in terms of how well they relate to human resources management best practice strategies.Evaluate at least two benefits that arise from an organization's use of the e..
Describe the challenges the healthcare system faces : After watching A Looming Crisis in Care, describe the challenges the healthcare system faces in regards to protecting the health of the older population. Do you believe the new healthcare legislation has identified and attempted to alleviate thes..
Explore what we call diverse contemporary theatre today : Select one person (playwright, actor, designer, etc.) from the groups listed above. Explore, prepare and discuss his or her historical, social and cultural importance to what we call "diverse contemporary theatre" today?
Expect evco stock to sell for immediately after firm : Assume? Evco, Inc. has a current stock price of $53.69 and will pay a $1.90 dividend in one? year; its equity cost of capital is 12%. What price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year to justif..

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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