Production-mix decision as a linear programming problem

Assignment Help Operation Management
Reference no: EM13844768

Each coffee table produced by Robert West Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. West’s firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 12 lengths of high-quality redwood are available. Each coffee table requires approximately 1 gallon of varnish and 1 length of redwood. Each bookcase takes 1 gallon of varnish and 2 lengths of wood. Formulate West’s production-mix decision as a linear programming problem, and solve. How many tables and bookcases should be produced each week? What will the maximum profit be?

Show solution using solver, please

Reference no: EM13844768

Questions Cloud

What happens to inflation and unemployment during business : what happens to inflation and unemployment during the business cycle
Described here offer entrepreneurs : What advantages and disadvantages do pop-up stores such as the ones described here offer entrepreneurs?
Calculate the sharpe ratio of the top bucket : Why do professional equity managers report time-weighted as opposed to dollar-weighted returns. Under which two conditions will time-weighted returns be very different from dollar-weighted returns
Added to enhance the wip report : Suppose you manager asked you to improve the WIP report. What other variables do you think should be added to enhance the WIP report? And why?
Production-mix decision as a linear programming problem : Each coffee table produced by Robert West Designers nets the firm a profit of $9. Each bookcase yields a $12 profit. West’s firm is small and its resources limited. During any given production period (of 1 week), 10 gallons of varnish and 12 lengths ..
Discuss how technology may be integrated : The on-boarding process for new hires is very important. In some organizations it requires a one or two day, face-to-face experience, while in others it takes place mentoring programs. There are probably as many variations of on-boarding as there are..
How can you apply this learning to service marketing : What are your personal insights about the case? How can you apply this learning to Service Marketing?
What is the expected annual inflation rate : what is the expected annual inflation rate?
Compact fluorescent lamps-make financial sense : Compact fluorescent lamps (CFLs) have become more popular in recent years, but do they make financial sense? Suppose a typical 60-watt incandescent lightbulb costs $0.47 and lasts for 1,000 hours. A 15-watt CFL, which provides the same light, costs $..

Reviews

Write a Review

Operation Management Questions & Answers

  Describe the goals and objectives of the plan to decrease ed

Described the goals and objectives of the plan to decrease ED wait times at Wishmewell Hospital. Described each step of the Six Sigma (DMAIC) process.

  What are some of the managerial implications

What are some of the Managerial implications of the "global village?" With regards to large organizations, what is the significanca between a multi-national corporation and a trans-national corporation?

  Senior executive responsible for technology

Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages

  Assignment on capital budgeting case

Capital Budgeting Case, Your company is thinking about acquiring another corporation. You have two choices-the cost of each choice is $250,000. You cannot spend more than that, so acquiring both corporations is not an option. The following are you..

  Multiple choice questions - adl matrix

Which of the following competitive position of a firm is not as per ADL Matrix? Which of the following does  stand for in the BCG Matrix?

  Determine percentage of time urn being used

A cafeteria serving line has a coffee urn from which customers serve themselves. Arrivals at the urn follow a Poisson distribution at the rate of three per minute.

  What is the geometric mean change in the cost

9. are there any outliers in the change in cost? 10. construct a boxplot of this sample ( lable axis and the five-number summary.)

  Define classical and operant conditioning

Define classical and operant conditioning. Discuss how to incorporate classical and operant conditioning from a managerial perspective. For example, if you want an employee to change a behavior (i.e. chronic lateness) how would you use these behavior..

  Return on investment-education funding

Develop a three- to five-page analysis (excluding the title and reference pages) on the projected return on investment for your college education and projected future employment. This analysis will consist of two parts.

  Describe a project selection process

Describe a project selection process from either the literature or an organization of your choice. If it's from the literature, please submit the article; if it's an organization.

  A university web server has five main components

A University Web server has five main components each with the same reliability. All five components must work for the server to function as intended.

  Prepare a strategic plan to grow the business

Read What's Driving Porsche? and History of Porsche AG - FundingUniverse. From the perspective of an executive with the firm, prepare a strategic plan to grow the business over the next three years.

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