Bathu, a very popular South African brand is looking for ways to capitalise on the amount...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Bathu, a very popular South African brand is looking for ways to capitalise on the amount of profit they generate when produce their 2 shoe ranges. To do this, there must be a strategic way of utilizing the equipment and resources available. to be able to reach a conclusion about resource consumption an LP should be formulated and solved. Bathu operates on 20 days per month. The 2 products produced by Bathu are High-top sneakers and flat sneakers. The high-top sneakers are more expensive, and each have a revenue of R5000 while the less resource- consuming flat sneakers result in a profit of R3000 per unit. The different resources and equipment needed for this are shown in the table below. Product Days on sole High top 0.3 sneaker Flat shoe on making stitching machine machine Days spent 0.7 0.1 0.4 Days spent on clamping machine 0.5 0.5 Amount of glue utilised by each shoe. (kg) 1 2 Amount of stitching thread per shoe (wt) 3 4 There are 22 Sole-making machines that cast different sizes and operate 20 days a month. 32 fabric stitching machines which operate for 6 days a month. There are also 17 clamping machines that attach the fabric to the shoe soles, and they operate for 20 days a month. There is 600 kg of glue that is available and should be utilised for clamping the materials per month. For unhinged quality, a minimum of 700 wt of stitching thread should be consumed per month. According to the demand forecast, Bathu should produce 50 high-tops and 80 flat sneakers per month to be able to meet their monthly demand. 1) Formulate an LP for this problem. 2) Solve this problem. Bathu, a very popular South African brand is looking for ways to capitalise on the amount of profit they generate when produce their 2 shoe ranges. To do this, there must be a strategic way of utilizing the equipment and resources available. to be able to reach a conclusion about resource consumption an LP should be formulated and solved. Bathu operates on 20 days per month. The 2 products produced by Bathu are High-top sneakers and flat sneakers. The high-top sneakers are more expensive, and each have a revenue of R5000 while the less resource- consuming flat sneakers result in a profit of R3000 per unit. The different resources and equipment needed for this are shown in the table below. Product Days on sole High top 0.3 sneaker Flat shoe on making stitching machine machine Days spent 0.7 0.1 0.4 Days spent on clamping machine 0.5 0.5 Amount of glue utilised by each shoe. (kg) 1 2 Amount of stitching thread per shoe (wt) 3 4 There are 22 Sole-making machines that cast different sizes and operate 20 days a month. 32 fabric stitching machines which operate for 6 days a month. There are also 17 clamping machines that attach the fabric to the shoe soles, and they operate for 20 days a month. There is 600 kg of glue that is available and should be utilised for clamping the materials per month. For unhinged quality, a minimum of 700 wt of stitching thread should be consumed per month. According to the demand forecast, Bathu should produce 50 high-tops and 80 flat sneakers per month to be able to meet their monthly demand. 1) Formulate an LP for this problem. 2) Solve this problem.
Expert Answer:
Answer rating: 100% (QA)
1 Formulating an LP Decision Variables H number of hightop sneakers produced per month F number of f... View the full answer
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
Students also viewed these general management questions
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. What are some other ways in which HEALTHeLINK could be used to support public health activities?
-
The following bar graph summarizes the number of nights per week a sample of college students spent studying. (a) How many students were observed in this study? (b) How many students studied 3 nights...
-
Assume that Timberline Corporation has 2023 taxable income of $240,000 for purposes of computing the 179 expense. It acquired the following assets in 2023: What is the maximum amount of 179 expense...
-
A laminar boundary layer velocity profile is approximated by \(u / U=2(y / \delta)-2(y / \delta)^{3}+(y / \delta)^{4}\) for \(y \leq \delta\), and \(u=U\) for \(y>\delta\). (a) Show that this profile...
-
At January 1, 2016, Hilly Mountain Flagpoles had Accounts Receivable of $31,000, and Allowance for Bad Debts had a credit balance of $3,000. During the year, Hilly Mountain Flagpoles recorded the...
-
A 38 kg crate rests on a floor. A horizontal pulling force of 170 N is needed to start the crate moving. 1.What is the coefficient of static friction between the crate and the floor? 2.The same crate...
-
How can I find the exact p-value for each coefficient (p>t )column if the number of observations = 52, df numerator is 3, df denominator is 48, t static is there in the third column. I need to know...
-
A cantilever beam is subjected to following three different loading conditions: (1) a concentrated load P at its free end (Fig. a) (II) a couple Mo at its free end (Fig. b) (III) both loads acting...
-
What is the current worth of a ten year annual cashflows of $2000 at a discount rate of 10%?
-
Do you think global health and public health are two distinct disciplines or are they indistinguishable?
-
||S.Tu=2 y is Harmonic and find conjugale Harmonic
-
What accounting standards govern the reporting of franchise revenues and expenses?
-
Describe when to apply deductions versus credits for various VITA clients.
-
Using the following balance sheet and income statement data, what is the working capital? Current assets $ 7,000 Net income $ 15,000 Current liabilities 4,000 Stockholders' equity 21,000 Total...
-
During the year land was revalued and the surplus reported as Revaluation surplus; and an asset costing 80,000, written down to 38,000, was sold for 40,000. Identify the cost of any non-current...
-
How should corrections be made in the general journal?
-
On January 31, 2019, the general ledger of Palmer Company showed the following account balances. Prepare the worksheet through the Adjusted Trial Balance section. Assume that every account has the...
-
Kazana Medical Supplies estimates that its office employees will earn $215,000 next year and its factory employees will earn $970,000. The firm pays the following rates for workers' compensation...
-
James Halperin, co-chair of Heritage Auctions, was interviewed about his experiences auctioning rare coins. Noting that when the auction house first opened in the 1970s, I used to proofread every...
-
An editorial on Bloomberg. com criticized President Bidens Buy American policy. The editorial argued that the . . . problem is that protectionism sets the US at odds with its international...
-
An article in the Wall Street Journal explained that despite rising national security tensions between the United States and China in 2023, trade between the two nations was rising. China is a...
Study smarter with the SolutionInn App