Production line capacities, Strategic Management

Assignment Help:

Product Mix - Satchmo & Satchmo Electronics developes two products that can be make on two different production lines.  Both products have their lowest production costs when produced on the more modern of the two production lines.  Though , the modern production line does not have the capacity to handle the total demand.  As a result, some production will have to be routed to the older production line.  The following data explain total production requirements, production line capacities, and production costs.

                   Production Cost/Unit        Minimum Production
Product            Modern Line      Old Line    Requirements
    A                    $3                 $5        500 units
    B                    $2.50            $4        700 units
Production Capability    800            600                    

Clearly explain your decision variable and formulate a linear program model that can be used to produce the most economical production routing.


Related Discussions:- Production line capacities

Calculate the ucl-lcl for the x-bar and range charts, You MUST show all wor...

You MUST show all work! Numbers not supported by work will receive zero credit, even if the answers are correct! Elton Zwilling is the owner of a successful Burger Corral (BC) fran

Industrial accident, An industrial accident may be defined as "an occurrenc...

An industrial accident may be defined as "an occurrence. Which interrupts or interferes with the orderly progress or work in an industrial establishment." According to the Facto

Performance management scenario, You are Pam, Vice President of Marketing f...

You are Pam, Vice President of Marketing for Superior Products, Inc. You joined the company two months ago, replacing an individual who hadbeen the VP of Marketing for the comp

Discuss the pillars of total productive maintenance, Question : (a) Wh...

Question : (a) When equipment or a part thereof suddenly stops working, the operating costs in that environment start increasing due to production losses, capacity losses and

EFE Matrix, Prepare an EFE Matrix for our university Islamic international ...

Prepare an EFE Matrix for our university Islamic international Islamabad by identifying and evaluating external opportunities and threats facing higher education in your state ,the

Market demand and supply information , What kind of market demand and suppl...

What kind of market demand and supply information would be useful to you in deciding upon a business strategy?   Ans) Market Demand and Supply Information  1) Do you requ

Feed-forward control - prevention rather than cure, Q. Feed-forward control...

Q. Feed-forward control - prevention rather than cure? Feed-forward control would be a system that in a pre-emptive way, reacts to changes in its environment, normally to maint

What makes a strategy a winner, What Makes a Strategy a Winner? 1.   T...

What Makes a Strategy a Winner? 1.   Three questions are used to examine the merits of one strategy versus other & distinguish a winning strategy from a losing or mediocre str

Define the concept of strategic performance management, (a) Define the conc...

(a) Define the concept of strategic performance management.  (b) Explain how the Balanced Score Card (BSC) is used to connect strategic planning to performance measurement in

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