At a chip manufacturing plant, four technicians (A, B, C, and D) produce three products (Products 1,
Question:
Each technician can work up to 120 hours per month. How can the chip manufacturer maximize its monthly profit? Assume a fractional number of units can be produced.
Deliverables:
1. A complete algebraic formulation of the linear programming model. This should include a description of the decision variables and an explanation of the objective function and constraints.
2. Computer output of your solution and ranging from POM-QM.
3. A report (MS-Word document) to management describing your objective and production plan. Many young professionals believe that they will be evaluated entirely on whether the numbers are right and this is simply not true. Managers are busy people who have little time or patience to wade through poorly written reports.
Step by Step Answer:
Operations Management Processes and Supply Chains
ISBN: 978-0132807395
10th edition
Authors: Lee J. Krajewski, Larry P. Ritzman, Manoj K. Malhotra