Floyds Fabrication has just received an order from Gimbal Plumbing Fixtures for 100,000 specially designed three-inch-diameter casings
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Floyd’s Fabrication has just received an order from Gimbal Plumbing Fixtures for 100,000 specially designed three-inch-diameter casings to be delivered in one week. The contract price was negotiated upfront; hence, Floyd’s maximum profit will be obtained when its costs are minimized. Floyd’s has three production facilities capable of producing the casings. Production costs do not vary between locations, but the changeover (setup) costs do vary, as does the cost of transporting the finished items to Gimbal. The following table details these costs.
Formulate and solve this problem as a mixed-integer linear programming model.
Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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