Explain the decision variables for this problem, Operation Management

Assignment Help:

Problem 4: Comp-Max Computers assembles computers and computer equipment. It is about to start production of three new types of computers, called model A, B, and C, respectively. Each type will require assembly time, inspection time, and storage space. The availability of each of these resources is limited. Specifically, available assembly time is 200 hours, available inspection time is 44 hours, and available storage space is 78 cubic feet (about 2.2 m3). The amount of each resource required for the different products is reported in the table below. Model A earns a profit of $80 per unit, model B earns a profit of $60 per unit, and model C earns a profit of $45 per unit. Due to some prior agreements with customers, Comp-Max must produce at least 5 model A computers. In addition, management requires that the fraction of total production made up of model C computers must not exceed 25%.

Formulate a linear program (LP) that will help the manager determine the quantity of each model to produce in order to maximize profit.

a). Define the decision variables for this problem.

b). Write out the objective function for this problem in terms of the decision variables defined above.

c). Write out any constraints necessary for this problem in terms of the decision variables defined above


Related Discussions:- Explain the decision variables for this problem

Explain the clients role in the generating ideas stage, Which best describe...

Which best describes the client's role in the Generating Ideas stage of CPS? a. listens carefully to the ideas generated by the resource group. b. tells the resource group immediat

Explain capacity planning involving hiring, Capacity planning involving hir...

Capacity planning involving hiring, layoffs, some new tooling, minor equipment purchases, and subcontracting is considered as which one of the following planning horizons?

Explain important to understand the categorical imperative, Duty is the pri...

Duty is the primary view of this ethical position. It will be important to understand the categorical Imperative and that reason or rational thought must drive this theory. As you

Impact on the it group of supporting a variety of devices, What is the impa...

What is the impact on the IT group of supporting a variety of devices?

Auto Parts store manager, Needs to know how to run office affairs and to ha...

Needs to know how to run office affairs and to handle the paperwork of all customers as they come in each day, and take care of the work load of the employees as to setting up the

Explain expected learning curve, A time standard was set as 0.20 hour per u...

A time standard was set as 0.20 hour per unit based on the 50th unit produced. If the task has a 90 percent learning curve, what would be the expected time of the 100th, 200th, and

Airline implementing a policy that need to buy second seat, Answer the foll...

Answer the following questions: 1. what are the pros and cons of an airline implementing a policy that heavier customers need to buy a second seat? Research an airline and provide

Compute panera breads strategy and its effectiveness, Evaluate Panera Bread...

Evaluate Panera Breads strategy and its effectiveness with executing the strategy within the competitive fast-casual restaurant marketplace. Discuss the pitfalls to this strategy a

Explain legal and compliance policies and practices, What are Apples Inc.? ...

What are Apples Inc.? Legal and compliance policies and practices. Elaborate and comprehensive on your response

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