Question: Please solve this in Excel and click on the cells which has formulas and also please upload screen shorts of all excel sheets ( a
Please solve this in Excel and click on the cells which has formulas and also please upload screen shorts of all excel sheetsabcdefgh
Bill Kemp is an industrial engineer in charge of production planning at Keystone
Products. The company assembles three products from components purchased from outside
suppliers. Production might be limited by market demand, the assembly capacity at several
departments, and the availability of certain critical components.
Market demand during the planning period is limited to unitsweek of product A
unitsweek of product B and unitsweek of product C The company has firm contracts
with vendors to supply at least unitsweek of product A unitsweek of product B and
unitsweek of product C The company must produce enough units to meet preexisting
contract, but should not produce more than the units demanded for any product. Profit
contribution has been determined to be $unit on product A $unit on product B and
$unit on product C
Product A requires minutes of assembly time in Shop minutes of assembly time in
Shop and minutes of assembly time in Shop Product B requires minutes in Shop
minutes in Shop and minutes in Shop Product C requires minutes in Shop minutes
in Shop and minutes in Shop The shops work days per week. Shop is able to operate
hours per day, Shop is limited to hours per day, Shop is limited to hours per day,
Shop is limited to hours per day, and Shop is limited to hours per day.
Product A uses a special microchip that is limited to chipsweek We will call this
Microchip X Product B also uses Microchip X Product B also uses Microchip Y which is limited
to chipsweek Product C uses a third chip, Microchip Z which is limited to chipsweek
a How many units of each product should be scheduled for production each week, and
what would be the weekly profit?
b What constraints are binding? That is which constraints are at their limit
c Should Kemp consider increasing capacity at any of the shops, and if so which ones?
d Should Kemp consider looking for additional sources of any of the three microchips?
If so which ones?
e Should Keystones marketing director be urged to promote any of the products more
aggressively, to raise market demand? If so which ones?
f How would your responses to parts a and b change if the supply of Microchip X
was increased by
g How would the responses to parts a and b change if in addition to the increase in
availability of Microchip X the market demand for products A and C both increased
by
h How would the responses to parts a and b change if in addition to the increase in
availability of Microchip X and the increase in market demand for products A and C
the capacity of Shop was increased by
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