Question: ( 1 5 points ) . MPS for product AA is given below. The manufacturing process consists of first injection molding and then assembly. The

(15 points). MPS for product AA is given below. The manufacturing process consists of first injection molding and then assembly. The cycle time information is given below. Assuming that that there are 2 lines and 1 shift, develop a mathematical model to minimize the cost incurred and then solve it considering the possibility of
\(\rightarrow \) Building in advance and carrying inventory as needed(\$300/unit/period)
\(\rightarrow \) Doing weekday overtime at additional cost of (\$150/unit) as needed needed
(Each line has monthly capacity of 160 hours/shift, do not consider reliability and efficiency).
Note: Weekday overtime is limited to 40 hours/line/shift/month.
( 1 5 points ) . MPS for product AA is given

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!