Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Sydneyville manufactures household and commercial furnishings. The office division produces two desks, rolltop and regular. Sydneyville constructs the desks in its plant outside Medford, Oregon, from a selection of woods. The woods are cut to a uniform thickness of 1 inch. For this reason, one measures the wood in units of square feet. One rolltop desk requires 10 square feet of pine, 4 square feet of cedar, and 15 square feet of maple. One regular desk requires 20 square feet of pine, 16 square feet of cedar, and 10 square feet of maple. The desks yield respectively $115 and $90 profit per sale. At the current time the firm has available 200 square feet of pine, 128 square feet of cedar, and 220 square feet of maple. They have backlogged orders for both desks and would like to produce the number of rolltop and regular desks that would maximize profit. a. Identify the decision variable. b. Write down the objective function. c. Write down the constraints. d. Solve the problem graphically. e. Solve the problem using EXCEL SOLVER. f. Find the optimal mix and optimal value. 2. Continuing with Q1 above, use Sensitivity (post optimality) analysis to answer following questions: a. Sydneyville's sales manager has renegotiated the contract for regular desks and now expects to make a profit of $125 on each. He excitedly conveys this information to the firm's production manager, expecting that the optimal mix of rolltop and regular desks will change as a result. Does it? b. Suppose that the new contract also has higher profit for the rolltop desks. If the new profit for the rolltop desks is $140, how will this change the optimal solution? c. A logging company has offered to sell Sydneyville an additional 50 square feet of maple for $5.00 per square foot. Based on the original objective function, would you recommend that they accept the offer? d. Assuming that Sydneyville purchases the 50 square feet of maple, how is the optimal solution affected?
Goldratt - Theory of Constraints 1 identify the systems constraints 2 exploit the systems constraints 3 subordinate everything else to the above decision 4 elevate
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Some ethical philosophers are deep thinkers. In the area of distributive justice, the concept of ‘Veil of Ignorance' by John Rawls is not an easy concept to understand. In your own
Methodology of Operations Research
Briefly summarize the main points of the Performance Improvement article. Discuss one item that you have learned from the reading and how you might benefit from the information. (I
Hatten (2009) stated, because inventory is such a significant expense, most businesses look carefully for ways to determine the appropriate levels of control for their inventory. H
Q. What are the advantages of the enterprise-wide systems? Benefits of Enterprise-wide systems (ERP) systems: a. In this system integration of software applications can easi
Describe the categories of problems that have been found to be approached by Six Sigma methodology.
The fixed cost and the variable cost of production of product are 200000USD and demand is 500units to break even unit price of first 300 item will be?
In the %u201CWhat would you do?%u201D section of your text in Chapter 9, Pam Marrone of AgraQuest, Inc. tapped into Internet sources when she needed additional financing. Be specif
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd