Explain formulate and solve a linear optimization model, Operation Management

Assignment Help:

Klein Industries manufactures three air compressors: small, medium, and large, which have unit profits of $20.50, $34, and $42 respectively. The monthly projected sales of small are a minimum of 14,000 and a maximum of 21,000. Projected sales for medium is projected to be at least 6200 with a maximum of 12500. And large is projected to have a minimum of 2600 and a max of 4200. Production is complete in three steps time is given per minute. Bending and forming; small 0.4+ medium 0.7 + large 0.8 is less than or equal to 23,400 minutes. Welding; small 0.6 + medium 1 + large 1.2 is less than or equal to 23,400 minutes. Painting; small 1.4 + medium 2.6 + large 3.1 is less than or equal to 46,800 minutes. Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information.


Related Discussions:- Explain formulate and solve a linear optimization model

Explain programme evaluation and review technique, Explain Programme Evalua...

Explain Programme Evaluation and Review Technique. Programme Evaluation and Review Technique (PERT): It is a technique used for scheduling and controlling the projects whether

Explain how is crisis leadership different from leading, How is crisis lead...

How is crisis leadership different from leading under normal circumstances? If leaders wanted to fine-tune their crisis leadership styles, how would you suggest they practice witho

Describe contract type selected was incorrect, This case study will be disc...

This case study will be discussed and reviewed in the Case Study discussion question for the week. Post your responses to the questions at the end in the Case Study discussion ques

Therefore by searching newspapers, You have successfully prepared yourself ...

You have successfully prepared yourself for the career of your choice but the recruiters visiting your school have not offered you a job. Now you must look on your own. So by searc

Explain how will learning managerial problem solving help, How will learnin...

How will learning managerial problem solving help you later in life in you job?

Explain perspective of project manager to avoid the obstacle, Analyze why i...

Analyze why it is important to address risk through the entire project life cycle. Identify three possible negative results that can occur if an organization fails to address risk

Process through bank supply its customer with cash on demand, 1. Think of f...

1. Think of four different processes by which a bank might supply its customers with cash on demand. Answer: Examples: over-the-counter at branches, by ATM dispensers in shoppin

Explain dogs learn to salivate at the ringing of a bell, which of the follo...

which of the following statement is correct concern condition/1.operant condition was polarize by ivanpavlov/2.classical condition is extension of operant condition/3.in operant co

Explain which style did you find most effective, Think back to teachers you...

Think back to teachers you have had, and identify one each who fits a supportive style, directive style, participative style, and achievement-oriented style according to the path-g

Explain what is economic justification for the rapid growth, What is the ec...

What is the economic justification for the rapid growth of premium package services?

Write Your Message!

Captcha
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