Reference no: EM13968199
Golf Shafts, Inc. (GSI)) produces graphite shafts for several manufacturers of golf clubs. Two GSI manufacturing facilities, one locate in San Diego and the other in Tampa , have the capabilities to produce shafts in varying degrees of stiffness, ranging from regular models used primarily by regular golfers and extra stiff models used primarily by low handicap and professional golfers. GSI just received a contract for the production of 200,000 regular shafts and 75,000 stiff shaft. Because both plants are currently producing shafts for previous orders, neither plant has sufficient capacities by itself to produce the new order. The San Diego plant can produce a total of 120,000 shafts and the Tampa plant can produce up to a total of 180,000 shafts. Because of equipment differences at each of the plants and different labor costs, the per-unit production costs vary as shown here:
San Diego Costs Tamps Costs
Regular shafts $5.25 $4.95
Stiff Shafts $5.45 $5.70
a) Formulate a linear programming model to determine how GSI should schedule production for the new order in order to minimize the total production cost.
b) Solve the model for part A
c) Suppose that some of the previous orders at the Tampa plant could be rescheduled in order to free up additional capacity for the new order. Would this option be worthwhile?
d) Suppose that the cost to produce stiff shafts in Tamps had been incorrectly computed, and the correct cost is $5.30 per shaft What effect if any would the correct cost have on the optimal solution developed in part (b)? What effect would it have on total cost?
|
Expected depth of the kth smallest element
: Show that the expected depth of the kth smallest element in a large complete heap (you may assume N = 2k - 1) is bounded by log k.
|
|
Discuss norman augustine and dilbert contribution
: Why was the DII so important to the eventual success of Lockheed Martin's ethics program? Discuss Norman Augustine's and Dilbert's contribution in helping Lockheed Martin turn the corner with its ethics program
|
|
Identify also range of discounting rates in which project
: "Carolina Company is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and are not repeatable. If the decision is made by choosing the project with the higher IRR, how much value wil..
|
|
Cause safety stock to increase
: Which of the following would cause safety stock to increase?
|
|
Order to minimize the total production cost
: Golf Shafts, Inc. (GSI)) produces graphite shafts for several manufacturers of golf clubs. Two GSI manufacturing facilities, one locate in San Diego and the other in Tampa , have the capabilities to produce shafts in varying degrees of stiffness, For..
|
|
New hr analytics-predicting the economic value
: From the book “The New HR Analytics: Predicting the Economic Value of your Company's Human Capital Investment” what are 3 most important issues an organization should consider when developing and using HR metrics. Why is each so important?
|
|
When an organization is in crisis
: When an organization is in crisis, who should communicate the bad news and how should the news be delivered? Provide an example of a message delivery causing additional crises within an organization.
|
|
What was the basis of stanfords defense
: How did SIB's status as an "offshore Bank" facilitate Stanford's alleged fraud? Why would investors be willing to sacrifice immediate access to the funds they deposited with SIB? What element were missing from the governance structure of Stanford fin..
|
|
Sampling procedures and data gathering procedures
: Fisher-Price is considering several ideas for toys that might appeal to the 4-5 year old male market. The company has narrowed the field of possibilities to three different toys; all three of which have a prototype that has been developed. Be especia..
|