A campany wants to plan production for the months of January, February, March and April. The demand in the aforementioned months is 35,000, 37,000, 45,000 and 33,000, respectively. Profit per product; CU100,000 for products produced under regular time, and CU85,000 for products produced overtime. The cost of keeping in stock is CU20,000/unit per month. Normal and overtime capacities are 40,000 and 10,000 in January, 25,000 and 5,000 in February, 30,000 and 10,000 in March, and 25,000 and 5,000 in April, respectively. Accordingly, the mass production plan that will maximize the card (how much in normal work and how much in each month for which month overtime) using the Table Method and show the results on the table
A campany wants to plan production for the months of January, February, March and April. The demand in the aforementioned months is 35,000, 37,000, 45,000 and 33,000, respectively. Profit per product; CU100,000 for products produced under regular time, and CU85,000 for products produced overtime. The cost of keeping in stock is CU20,000/unit per month. Normal and overtime capacities are 40,000 and 10,000 in January, 25,000 and 5,000 in February, 30,000 and 10,000 in March, and 25,000 and 5,000 in April, respectively. Accordingly, the mass production plan that will maximize the card (how much in normal work and how much in each month for which month overtime) using the Table Method and show the results on the table
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Operations Management
A campany wants to plan production for the months
of January, February, March and April. The demand
in the aforementioned months is 35,000, 37,000,
45,000 and 33,000, respectively. Profit per product;
CU100,000 for products produced under regular
time, and CU85,000 for products produced
overtime. The cost of keeping in stock is
CU20,000/unit per month. Normal and overtime
capacities are 40,000 and 10,000 in January, 25,000
and 5,000 in February, 30,000 and 10,000 in March,
and 25,000 and 5,000 in April, respectively.
Accordingly, the mass production plan that will
maximize the card (how much in normal work and
how much in each month for which month
overtime) using the Table Method and show the
results on the table
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