Production requirements and minimize labor cost

Assignment Help Operation Management
Reference no: EM13844099

A company can decide how many additional labor hours to acquire for a given week. Subcontractors will only work for a maximum of 20 hours for week. the company must produce at least 200 units of product A, 300units of product b, and 400 units of product c. in 1 hour of work, worker 1 can produce 15 units of product a, 10units of product b, and 30 units of product c. worker2 can produce 5 units of product b, 20 units of product b, and 35 units of product c. worker3 can produce 20 units of product a, 15 units of product b, and 25units of product c. worker 1 demands a salary of $50/hr, worker 2 demands of salary $40/hr, and worker3 demands a salary of $45/hr. The company must choose how many hours day should be hire from each worker to meet their production requirements and minimize labor cost

Reference no: EM13844099

Questions Cloud

Mortgage has quoted interest rate : Your aunt sold her house on Dec 31, and to help close the sale she took a second mortgage in the amount of $10,000 as part of the payment. The mortgage has a quoted interest rate of 10%; it calls for payments every 6 months, beginning on June 30, and..
Correlated with gdp per capita : 1.) Give an example of something that is correlated with GDP per capita where it is a clear priori that causation runs from GDP to that measure and not in the other direction?
Total of annual setup cost and annual carrying cost : What setup time minimizes the total of annual setup cost and annual carrying cost if a lot size of 10 is set for the part at the work center? Does it seem reasonable that the setup time could be reduced to this amount? Discuss what could be done at t..
Why did the bantu-speaking people migrate : Why did the Bantu-speaking people migrate
Production requirements and minimize labor cost : A company can decide how many additional labor hours to acquire for a given week. Subcontractors will only work for a maximum of 20 hours for week. the company must produce at least 200 units of product A, 300units of product b, and 400 units of prod..
Difficulties for the owner of the data model : Define in your ownwords what an update anomaly is all about. Deliver a situation where a update anomaly can happen and in what way it can effect difficulties for the owner of the data model.
Movie inside job a documentary by film maker : Access to the movie INSIDE JOB  a documentary by film maker Charles Ferguson, narrated by Mark Damon and exposing events leading to the Economic Crisis of 2008.  Watch it, develop and submit your answers to the questions included. For more informatio..
Companys pretax profits for the previous period : Mark's employer passes out checks at the end of each quarter, representing an equitable portion of 5% of the company's pretax profits for the previous period.
Find price of a windmill and its average power generation : Find the price of a windmill and its average power generation in kW. Get a price of electricity and an expected inflation factor for electricity. Determine the life of the project in years (10 years is too short). Source to back this data up.

Reviews

Write a Review

Operation Management Questions & Answers

  1explain the concept of continuous learning to include an

1.explain the concept of continuous learning to include an understanding of the work systems relationship among jobs

  Express your opinions about executive compensation

Why must some employees be paid overtime and others are exempt? Explain what job sharing is and how it typically works in terms of compensation and benefits. How much did your CEO receive last year? If you don’t know go to the AFL-CIO website. Expres..

  Contrast the likelihood of no-shows

The rooms forecast committee is scheduled to meet later this afternoon. You have been asked to prepare remarks on group no-shows. Contrast the likelihood of no-shows for (a) business groups, (b) tour groups, and (c) convention groups

  Customer also specifies that blend should be mixed in ratio

The Tennessee Jack Distillery produces custom whiskey. A particular blend consists of rye and bourbon whisky. The company has received an order for 400 gallons of the custom blend... The customer specified that the order must contain at least 40 perc..

  Discuss impact of environmental richness-interdependence

Discuss impact of environmental richness, environmental interdependence also environmental uncertainty also volatility on organizational design.

  What is ceo toback most pressing concern

What is CEO Toback's most pressing concern and how could he go about addressing this concern?

  Describe the importance of employee benefits

After reviewing the textbook case study on page 309 of your textbook, answer the following learning questions.

  What is the objective of critical path analysis

What is the objective of critical path analysis? Explain why the critical path is the longest, not the shortest, path through a network.

  Claiming that it will lower lead time to one week the

weekly demand for diskettes at a retailer is normally distributed with a mean of 1000 boxes and a standard deviation of

  Discuss three aspects of an affirmative action program

Discuss three aspects of an Affirmative Action Program. Define the concept of an expatriate and identify three ways companies can prepare expatriates to deal with a new business culture.

  What are the internal and external customers

What are the internal and external customers of an organization you are familiar with as well as any customer relationship management practices it engages in?

  What are the parameters and the potential implications

What are your thoughts on this? What are the parameters and the potential implications for failure to adhere to those parameters?

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