Formulate the problem of maximizing weekly profit, Operation Management

Assignment Help:

Problem:

A leather company manufactures leather jackets and leather handbags. A leather jacket requires 8 square feet of leather, while a handbag requires 2 square feet. In addition, a lining fabric is required, 6 square feet being used for a leather jacket and 1 square foot for a hand bag. Each leather jacket requires 12 hours of labour time, and each handbag 5 hours. Each week, there are 1200 square feet of leather, 800 square feet of lining fabric and 1840 hours of labour time available. The profit on a leather jacket is $350 and on a handbag $120.

(a) Formulate the problem of maximizing weekly profit as a linear programming problem.

(b) Answer the LP problem to determine the optimal solution.

(c) Do any of the constraints have slack or surplus? If yes, which one(s) and how much slack or surplus does each have?


Related Discussions:- Formulate the problem of maximizing weekly profit

Make a performance appraisal form for a position, Design a performance appr...

Design a performance appraisal form for a position or targeted job for which you have some first-hand knowledge. First: be clear about the purpose of the assessment process: i.e.,

Explain how does safety management address fatigue issues, Fatigue is a maj...

Fatigue is a major safety concern in the aviation industry. How does safety management address fatigue issues yet accomplish the job without incurring more costs in the company. We

Describe the difference between trait-oriented appraisals, Describe the dif...

Describe the difference between trait-oriented and results-oriented performance appraisal instruments, identifying some of the instruments used in each case.

Explain labour vs employment arbitrator, Use this for questions 7 and 8: Yo...

Use this for questions 7 and 8: Your Company terminated an employee for stealing a ladder. The employee filed a grievance with the union. The union argues that the employee had ver

Must adobe establish a policy for granting flexible work, Should Adobe esta...

Should Adobe establish a policy for granting flexible work schedule? If yes what might that policy contain?

Explain what are the advantages and disadvantages, Discuss the advisability...

Discuss the advisability of using modular assemblies in manufacturing. (What are the advantages and disadvantages?) To what extent can these arguments be applied to service product

Explain minimize the store''s total expected cost, Solve the following prob...

Solve the following problem for the optimal number of clerks: There are approximately 300 customers shopping in Fackert Department Store in Mexico City between 9 a.m. and 5 p.m.

Supply chains using the order-up-to inventory model, Demand for Caruso's Fr...

Demand for Caruso's Frozen Pizza (CFP) is normally distributed. The demand for CFP averages 400 per day with a standard deviation of 200. Weekly demand (5 days) averages 2,000 unit

Identify at least one instance of probability, Identify at least one exampl...

Identify at least one example of probability encountered in everyday life which has not previously been mentioned AND THEN Identify the type of probability your example best fits b

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