A manufacturing company makes two circuit boards R; and R2,constructed as follows:R1 comprises 3 resistors, 1 capacitor, 2 transistors and 2inductances;R2 comprises 4 resistors, 2 capacitors and 3 transistors.The available stocks for a day's production are 2400 resistors,900 capacitors, 1600 transistors and 1200 inductances. It isrequired to calculate how many R; and how many R2 the companyshould produce daily in order to maximize its overall profits,knowing that it can make a profit on an Ri circuit board of 5p andon an R2 circuit board of 9p.Formulate the mathematical model describing the linearprogramming (LP) problem which will maximize its overall profitsusing maximize & subject to constrains?

Given data is Profit by R1 = 5p Profit by R2 = 9p Resistors required by R1 = 3 Capacitors required…

Answered: A manufacturing company makes two…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Suppose 100,000 lamps are to be manufactured annually. It costs $1 to store a lamp for 1 year, $500 to set up the factory to produce a batch of lamps and $5 to produce each lamp. A. If all lamps are produced in one batch find the total cost? B. If all lamps are produced in two batches of equal size, find the total cost? C. If the number of units in each batch is q, then how many batches are there? D. Find the number of lamps in each batch to minmize the total cost? E. What is the minimum cost? [ i need all answer i will upvote]
A company with a capacity of 3,000 units a month has fixed costs of P1,500 a month and labor costs of P10 a unit. Material costs are P5 per unit. The company has been producing at 80 percent of capacity and selling its product for P20. 1What would its net income be at 100 percent at capacity 1.2What would its net income be at 120 percent of capacity if it is assumed that 20 percent more products could be produced on overtime at an extra P3 labor cost per unit for all production above 100 percent?
TRUE OR FALSE In Simplex Method, the pivot element should be changed to 1 in the formulation of the next table.
Beeson Co. is experiencing a decrease in sales and operating income for the fiscal year ending December 31st. Julia Faure, controller of Beeson Co., has suggested that all orders received before the end of the fiscal year be shipped by midnight, December 31st even if shipping department must work overtime. Since Beeson Co. ships all merchandise FOB shipping point, it would record all such shipments as sales for the year ending December 31st, thereby offsetting some of the decreases in sales and operating income.Discuss whether Julia Faure is behaving in a professional manner and what are the implications of her actions?
1 ton of material 1 ton of material 2, and 11/13 3 10 The Kashif Corporation blends three raw materials to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of ton of material 1 and 3 ton of material 3. A ton of solvent base is a mixture of // Kashif's production is constrained by a limited availability of the three raw materials. For the current production period, Kashif has the following quantities of each raw material: material 1, 20 tons; material 2, 5 tons; material 3, 21 tons. Management wants to achieve the following P, priority level goals. Goal 1: Produce at least 30 tons of fuel additive. Goal 2: Produce at least 15 tons of solvent base. Assume there are no other goals. (a) Is it possible for management to achieve both P₁ level goals given the constraints on the amounts of each material available? If not, which constraint is the limiting factor? O Yes. It is possible to satisfy both P₁ level goals. O No. There is an insufficient…
establish the significance of random numbers in Monte Carlo simulations.
Om1. Margaret is a shift supervisor for Clear Lake Boats, Inc. She has been with the company since it started manufacturing boats more than ten years ago. Margaret worked on the production line until last year, when she was promoted to supervisor. The company started out small, with only 12 employees and one shift working Monday to Friday from 8:30 a.m. to 5:00 p.m. Clear Lake Boats now has more than three hundred employees and runs three shifts a day. Every employee on each shift gets paid the same except for the supervisors, who are paid two dollars more per hour. The night shift employees get paid a dollar more per hour. There is no performance appraisal system or reward structure. After Margaret was promoted, she asked to take a “Principles of Supervision” class at a local community college to learn proper supervisory skills and coaching techniques. One of the topics discussed in her class was performance appraisals and reward systems. Although the company has grown quickly and has…
Question 30, Question 31, Question 32, Question 33, Question 34, Question 35, Question 46, Question 47, Question 48, Question 49, Question 50
19. Solve for n, C(n, 4) = 210 Solve it accurate solve it correct complete solutions
Lifang Wu owns an automated machine shop that makes precision auto parts. He has just compiled an input-output report for the grinding work center. Period 1 3 4 Total Planned input 70 70 85 85 Actual input 75 75 75 75 Deviation Planned output Actual output 75 75 75 75 85 85 80 80 Deviation Initial backlog: 20 For the given information related to "inputs," the values for deviation and total are: The deviation in period 2 = units (enter your response as an integer, including a minus sign if necessary). The deviation in period 4 = units (enter your response as an integer, including a minus sign if necessary). The total for "planned inputs" = units (enter your response as an integer, including a minus sign if necessary). The total for "actual inputs" = units (enter your response as an integer, including a minus sign if necessary). The total deviation for "inputs" = units (enter your response as an integer, including a minus sign if necessary). "3D For the given information related to…

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