How many tractors and saws should be produced to maximize profit, and how much profit will...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
How many tractors and saws should be produced to maximize profit, and how much profit will they make? Table 3.8: Tracksaws, Inc. Tracksaws, Inc. makes tractors and lawn mowers. The firm makes a profit of $30 on each tractor and $30 on each lawn mower, and they sell all they can produce. The time requirements in the machine shop, fabrication, and tractor assembly are given in the table. Machine Shop Tractor Lawn Mower 2 hours 1 hour Hrs. Available 60 hours Formulation: Fabrication 2 hours Assembly 1 hour 3 hours 0 hour 120 hours 45 hours Let x number of tractors produced per period y=number of lawn mowers produced per period MAX 30x + 30y subject to 2x + y 60 2x + 3y 120 X45 The graphical solution is shown below. 70 60 10 50 40 10 Y Z* 30 20 10 0 0 10 20 30 8 50 60 60 70 Sand Mandala Carrie meticulously calculated the early and late start and finish times for her latest project and recorded them using different colors of sand on a pristine slab of white marble. She used red for late start and late finish times and green for early start and early finish times. Activity durations and Project their identifiers were written with black sand. She finished her task and had an opportunity to admire her work only briefly before a colleague came by and swept most of it away. Sadly, this was before Carrie could record the numbers on a more permanent medium, so now she turns to you to help. Activity A Predecessor Duration Early Start Early Finish Late Start Late Finish 10 B - 7 11 C A 7 D A 15 14 E B 11 19 F B 10 G D.E 24 H F 24 J K G.H,J 28 36 A) What is the early finish time for activity K? B) What is the slack time for activity H? How many tractors and saws should be produced to maximize profit, and how much profit will they make? Table 3.8: Tracksaws, Inc. Tracksaws, Inc. makes tractors and lawn mowers. The firm makes a profit of $30 on each tractor and $30 on each lawn mower, and they sell all they can produce. The time requirements in the machine shop, fabrication, and tractor assembly are given in the table. Machine Shop Tractor Lawn Mower 2 hours 1 hour Hrs. Available 60 hours Formulation: Fabrication 2 hours Assembly 1 hour 3 hours 0 hour 120 hours 45 hours Let x number of tractors produced per period y=number of lawn mowers produced per period MAX 30x + 30y subject to 2x + y 60 2x + 3y 120 X45 The graphical solution is shown below. 70 60 10 50 40 10 Y Z* 30 20 10 0 0 10 20 30 8 50 60 60 70 Sand Mandala Carrie meticulously calculated the early and late start and finish times for her latest project and recorded them using different colors of sand on a pristine slab of white marble. She used red for late start and late finish times and green for early start and early finish times. Activity durations and Project their identifiers were written with black sand. She finished her task and had an opportunity to admire her work only briefly before a colleague came by and swept most of it away. Sadly, this was before Carrie could record the numbers on a more permanent medium, so now she turns to you to help. Activity A Predecessor Duration Early Start Early Finish Late Start Late Finish 10 B - 7 11 C A 7 D A 15 14 E B 11 19 F B 10 G D.E 24 H F 24 J K G.H,J 28 36 A) What is the early finish time for activity K? B) What is the slack time for activity H?
Expert Answer:
Posted Date:
Students also viewed these mathematics questions
-
Chopra Company, which makes golf carts and lawn tractors, uses departmental rates to allocate overhead costs. It uses direct materials costs as the basis for allocating overhead in Department A....
-
A company specializing in air conditioners wants to setup a distribution center in India. The company sells its products through six retail outlets located in the following cities in India: Chennai,...
-
Professor Sui predicts that students will learn better with adding animations and sound effects in the PowerPoint slides. She randomly puts 21 students into three different groups to complete one...
-
Consider the nutrition problem in Example 1 of Section 3.3. Solve the problem by the simplex method, and then determine the optimal quantities of soybeans and rice in the diet, and the new cost, if...
-
1. The area principle says that the proportion of the area of a graph devoted to a category must match the number of cases found in the category. 2. Put the labels of the categories in order in a bar...
-
Determine the mass moment of inertia I y of the solid formed by revolving the shaded area around the axis. The density of the material is ?. Express the result in terms of the mass m of the...
-
Find someone whose vision has made a difference in their life. Ask them to share their story.
-
On January 1. Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year 500,000 15 7% Required: 1) Calculate the bond selling price given the...
-
The double-log model is: Ln(Price) = + 1*Ln(sqrft) + 2*Ln(lotsize) + Estimate this model in Gretl and paste the output here. Model 2: OLS, using observations 1-80 Dependent variable: l_price...
-
Using " Structural Patterns ", Identify the patterns and provide justification. the java implementation for the classes and provide the results. Problem : the transactions for each account could be...
-
When short circuits are not interrupted promptly, electrical fires and explosions can occur. To minimize the probability of electrical fire and explosion, the following are recommended: Careful...
-
Allen Smith is a recent graduate of one of the most reputable schools in the North East Region. He completed his Masters in Health Administration and his undergraduate studies in Economics. Allen has...
-
Three mutually exclusive projects all have the same life of 5 years and the MARR is $10 \%$. Is there a difference in selection outcome if rate of return or present worth is used in the analysis?...
-
The time taken by students to fill out a loan request form has standard deviation 1.2 hours. What does Chebyshevs theorem tell us about the probability that a students time will be within 4 hours of...
-
Show that for 48 million draws from a fair deck of cards, the probability is at least 0.9375 that the proportion of spades drawn will fall between 0.24975 and 0.25025 .
-
a2U II. Solve at 2 x2 0 < x < 4,t > 0 subject to the conditions U(0, t) = 0; U (4, t) = 0; U(x, 0) = 3Sinnx 2Sin5nx when 0 < x < T,t > 0. %3D
-
Horse serum containing specific antibody to snake venom has been a successful approach to treating snakebite in humans. How do you think this anti-venom could be generated? What are some advantages...
-
Identify the accounting assumption, principle, or constraint that best describes the accounting practices at Ben Wallace Company. 1. Land is valued at its original purchase price rather than its...
-
Danny Manning and Larry Brown are accountants for the Engineering Institute. They disagree over the following transactions that occurred during 2008. Larry disagrees with Danny on each of the...
-
Why is it importantto have comparable accounting methods between companies?
The Elements Of Plane And Spherical Trigonometry With Key 1st Edition - ISBN: B009ID9808 - Free Book
Study smarter with the SolutionInn App