1. Consider the product mix problem in which each of three products is processed on three...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1. Consider the product mix problem in which each of three products is processed on three different operations. The limits on the available time for the three operations are 430, 460, and 420 minutes daily and the profits per unit of the products are birr 3, 2, and 5. The time in minutes per unit on the three operations are given in the table below: Operations 123 Products Product 1 1 3 31 Product 2 2 0 2 Required: 1. Model the linear Programming? 2. Obtain the optimal solution using simplex method? Product 3 1 2 0 1. Consider the product mix problem in which each of three products is processed on three different operations. The limits on the available time for the three operations are 430, 460, and 420 minutes daily and the profits per unit of the products are birr 3, 2, and 5. The time in minutes per unit on the three operations are given in the table below: Operations 123 Products Product 1 1 3 31 Product 2 2 0 2 Required: 1. Model the linear Programming? 2. Obtain the optimal solution using simplex method? Product 3 1 2 0
Expert Answer:
Answer rating: 100% (QA)
Product Mix Problem You are given a product mix problem where three different products Product 1 Pro... View the full answer
Related Book For
Posted Date:
Students also viewed these general management questions
-
Consider the product mix problem described in Prob. 3.1-11. Suppose that this manufacturing firm actually encounters price elasticity in selling the three products, so that the profits would be...
-
Your friend, who is a civil engineering student, is really excited because there are two differential equations that they needs to solve for one of their engineering classes and having just taken...
-
The computer output on the next page is for a product mix problem in which there are two products and three resource constraints. Use the output to help you answer the following questions. Assume...
-
Muskoka Boys Shaving Co. (MBSC") is a GST/HST registrant operating an online store in Ontario's cottage country region. The company specializes in selling fine grooming products for men. It is June...
-
Refer to the Journal of Experimental Social Psychology (Vol. 45, 2009) study of whether buying gifts truly buys love, Exercise 9.9. Recall that study participants were randomly assigned to play the...
-
According to an article in the Wall Street Journal, in 2019, GM was concerned that income growth in the United States was slowing, reducing demand for its cars and trucks. GM was also concerned that...
-
Tina Alberts is thinking about trading her car for a new one. Her present car is only three years old, completely paid for, but out of warranty. The cars original cost was $22,000. Lately, the car...
-
The following events apply to Montgomery Company for 2016, its first year of operation: 1. Received cash of $36,000 from the issue of common stock. 2. Performed $48,000 of services on account. 3....
-
business math. Rachel reserved a demand loan for $70-42 from her bank on January 30 2011 8 4354 p.a simple interest On May 24, 2011, the interest rate on the Inan changed to & GUN pa and Rachel se...
-
Can someone please summarize the case study below: if you know about the case IKEA Looks to Further Penetrate the U.S. Market 10 CASE Synopsis: IKEA is known around the world for its stylish,...
-
You are analyzing an airplane with a weight of 11,000 lb, wing area of 280 ft, wing span of 46 ft, and a CD,o of 0.027. The airplane is cruising at an altitude of 20,000 ft a. Construct a graph of...
-
The mass of a quarter is 5.670 g/quarter. The value of a roll of quarters is $10.00. What is the mass of a roll of quarters in dg (decagrams)? Hint: Generate an equivalence statement of the #...
-
For the composite area shown: 1. 2. Locate the centroid in the x and y direction? Find the moment of inertia about the x axis? VRTE 150mm WREAM 180mm 180mm IR TE 60mm VR 80mm 80mm IVR TE VRTES
-
Find the derivative of the function. y = arctan ( 1 x 1+x
-
Take a moment to consider what details you have uncovered by working on your course project. There may be some activities that would be better handled by a vendor as opposed to an internal or...
-
Evaluate dy and Ay for the function below at the indicated values. y= f(x)=75(1-2): ;x=5, dx = Ax= -0.5 dy=
-
Tom is evaluating a project that costs $ 1 , 0 8 0 , 0 0 0 , has a ten - year life, and has no salvage value. Assume that depreciation is straight - line to zero over the life of the project. Sales...
-
On 1 July 2018, Parent Ltd acquired all the shares of Son Ltd, on a cum-div. basis, for $2,057,000. At this date, the equity of Son Ltd consisted of: $ 1,000,000 Share capital 500 000 shares...
-
Ozark Electronics manufactures four models of smartphones; M1, M2, M3, and M4. The electronic assembly must now be encased using two specially treated plastic components, C1 and C2. The following...
-
Repeat Problem 14-10 assuming reversible fare closing. Compare the results. Problem 14-10 Consider the data of Problem 14-9. Suppose that cancellations intersperse new requests according to the...
-
Two inventory policies have been suggested by the purchasing department of a company: Policy 1. Order 150 units. The reorder point is 50 units, and the time between placing and receiving an order is...
-
Universal Health Care (UHC) is a company whose stock price has declined by 40% in the past year. In the current year, UHC earned \($300\) million in pretax operating income on revenues of \($10\)...
-
Furniture Depot is a retail chain selling furniture and appliances. The firm has after-tax operating income of \($250\) million in the current year on revenues of \($5\) billion. The firm also has...
-
Compaq Computer has seen its stock price decline from \($45\) to \($24\) The firm is expected to reinvest 50% of its expected after-tax operating income of \($2\) billion in new investments, and...
Study smarter with the SolutionInn App