Explain lp production- mix situation, Operation Management

Assignment Help:

The Electro comp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process fo each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period. 240 hours of wiring time are available and up to 140 hours of drilling time may be used. Each air conditioner sold yields a profit of $25. Each fan assembled may be sold for a $15 profit. Formulate and solve this LP production- mix situation, and find the best combination of air conditioners and fans that yields the highest profit.


Related Discussions:- Explain lp production- mix situation

Benefits of access of patient''s information through lan, This project allo...

This project allows doctor to access their patient's information easily through their local area network and through the internet. They can also update the status of each patient t

Explain it is important to have a vision, It is important to have a vision....

It is important to have a vision. If you were Jerome Byrd, how would you prepare a new vision for your department?

Is focused factory concept applicable in service sector, Is the 'focused fa...

Is the 'focused factory' concept described by Skinner applicable in the service sector? Answer:  Yes, think of Schmenner's service-process matrix and the lower quadrant entitled

Describe a manufacturing company preparing to build a plant, A manufacturin...

A manufacturing company preparing to build a new plant is considering three potential locations for it. The fixed and variable costs for each alternative location are presented bel

Explain why is forecasting important in organizations, Why is forecasting i...

Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?

Explain less of each of the inputs of production, All else constant, as the...

All else constant, as the price of petroleum increases relative to the prices of other inputs to the production process, in their effort to minimize their total costs of production

Explain managers and supervisors need to have knowledge, Why do all manager...

Why do all managers and supervisors need to have knowledge and skills related to Human Resource management?

Explain project form more common or the exponential form, Is the stretched-...

Is the stretched-S life cycle project form more common or the exponential form? What other aspects of managing a project are affected by the nature of the project form besides budg

Explain responsibility towards importers and exporters, The U.S. State Depa...

The U.S. State Department has some responsibility towards Importers and Exporters. What are these responsibilities?

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