4. A metal fabrication shop has a single punch press. There are currently three parts thatthe shop has agreed to produce that require the press, and it appears that they will besupplying these parts well into the future. You may assume that the press is the criticalresource for these parts, so that we need not worry about the interaction of the presswith the other machines in the shop. The relevant information is listed below:Part NumberAnnual DemandSetup Cost ($)Cost per unit ($) Production Rateper year12,500801645,000235,5001201840,0001,450602226,000Holding costs are based on an 18 percent annual interest rate, and the products are tobe produced in sequence on a rotation cycle. Setup times can be considered negligible.a. What is the optimal time between setups for part number 1?b. What percentage of the time is the punch press idle, assuming an optimalrotation cycle policy?

Given dataPartAnnual Demand Set Up Cost Cost (per Unit)Production…

Answered: 4. A metal fabrication shop has a…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

Below is a decision table for Gregor's Tennis School. Director Gregor Anderson is considering expanding his school to accommodate the potential increased interest in youth tennis lessons, camps and teams. The decision table below describes his situation. Alternatives Add a new building Extend hours for existing building Do Nothing Answer Decision Table High Demand 25,000 10,000 0 Step 1 of 3: What is the estimated payoff for adding a new building during high demand? State of Nature Moderate Demand 5,000 3,750 0 Low Demand -50,000 -6,000- 0 Keypad Keyboard Shortcuts Tables
5. Next Monday, Concrete Co need to supply concrete to four different building sites. They prefer to use plants 1 and 2 for the production and delivery of the concrete, because they are quite close to the sites, but find it necessary to use plant 3 to satisfy the rest of the demand. The table below shows supply and demand amounts in tonnes, and cost coefficients in $ per tonne. Cij Site 1 70 40 130 75 Plant 1 Plant 2 Plant 3 Demand Site 2 40 50 210 23 Site 3 20 30 80 19 Site 4 50 60 90 25 Supply 80 55 7 Concrete Co wish to minimise their total cost. Treat this as a primal LP problem. (a) Show that Concrete Co have balanced their transportation problem. (b) Use the Least Cost Method to find a basic feasible solution to this primal problem. Verify that you have the correct number of basic variables. [Hint: You should look at 13 first. Then 12 and 21 are both contenders, but it does not matter what order you choose them in.] (c) Use complementary slackness conditions to find a dual…
need comprehensive and correct answers.This question is about optimization.
Cox Electric makes electronic components and has estimated the following for a new design of one of its products: Fixed Cost = $3,000 Material cost per unit = $0.15 Labor cost per unit = $0.10 Revenue per unit = $0.65 Production Volume = 12,000 Per-unit material and labor cost together make up the variable cost per unit. Assuming that Cox Electric sells all it produces, build a spreadsheet model that calculates the profit by subtracting the fixed cost and total variable cost from total revenue, and answer the following questions. (a) Construct a one-way data table with production volume as the column input and profit as the output. Breakeven occurs when profit goes from a negative to a positive value; that is, breakeven is when total revenue = total cost, yielding a profit of zero. Vary production volume from 5,000 to 50,000 in increments of 5,000. In which interval of production volume does breakeven occur? to units
Arrange a plan to order from the supplier using Part Period Balancing and Least Unit Cost method. Ordering lead time of the components is 1 period. Then Calculate the total cost of each method.
A company is producing 3 products A ,B and C. BOM of each product is given in the table below. Material Unit Product A Product B Product C Steel Ton 4 Aluminum KG 50 40 60 Wood CFT 10 10 Glass SFT 30 30 Rubber Sealer RFT 100 120 Screws Рack 5 6 4 Nut Bolt Dozen 2 Calculate the material requirements for 6 months production for all the products if monthly demand for A=1000, B=1200 and C=1500 units
I need the answer as soon as possible
Please assist with the below. Please do not use handwriting I have a hard time reading hand written work. Also please provide explanations
Hoosier Power needs to determine a capacity expansion plan to meet Bloomington’s power needs for thenext 20 years. The current capacity is 5000 kwh. The demand for the current year is 4000 kwh, and demand is expected to increase by 1000 kwh in each succeeding year. At the beginning of each year, Hoosier Power must determine the amount of capacity to add, given the following inputs: ■ Any year in which capacity is added, a fixed cost of $120,000 is incurred plus a cost of $120 per kwh of capacity. ■ At most 10,000 kwh of capacity can be added in a single year. ■ It costs $25 per year to maintain a unit of capacity. ■ It costs $12 per year to produce a kwh. ■ If production does not meet demand, a shortage cost of $80 per kwh short is incurred. Develop a linear integer model to help Hoosier Power minimize its costs for the next 20 years.
please help

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS