Homework Help is Here – Start Your Trial Now!
Business
Operations Management
A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits. Production requirements for the products are shown in the following table. TTIT Product Material 1 Material 2 Labor (Ibs.) (Ibs.) 2 (hours) 4 ... A 3 B. 4 C 5 none 3.5 Each week there are 300 pounds of material 1; 400 pounds of material 2; and 200 hours of labor. There is a standing order of 10 units of product C each week. The following table shows the output of POMQM. Variable A Value Reduced Cost Original Val Lower Bound -In finity Upper Boynd 10 10 20 B 82.5 10 5.7143 Infinity 10 10 -Infinity 17.5 Dual Value Slack/Surplus Upper Bound Infinity Constraint Original Val Lower Bound Constraint 1 167.5 300 132.5 Constraint 2 70 400 330 In finity Constraint 3 200 35 235 Constraint 4 -7.5 10 57.1429 Which constraints are binding? A All constraints are binding. B 1 and 2 3 and 4 2 and 3 E 1 and 4

A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits. Production requirements for the products are shown in the following table. TTIT Product Material 1 Material 2 Labor (Ibs.) (Ibs.) 2 (hours) 4 ... A 3 B. 4 C 5 none 3.5 Each week there are 300 pounds of material 1; 400 pounds of material 2; and 200 hours of labor. There is a standing order of 10 units of product C each week. The following table shows the output of POMQM. Variable A Value Reduced Cost Original Val Lower Bound -In finity Upper Boynd 10 10 20 B 82.5 10 5.7143 Infinity 10 10 -Infinity 17.5 Dual Value Slack/Surplus Upper Bound Infinity Constraint Original Val Lower Bound Constraint 1 167.5 300 132.5 Constraint 2 70 400 330 In finity Constraint 3 200 35 235 Constraint 4 -7.5 10 57.1429 Which constraints are binding? A All constraints are binding. B 1 and 2 3 and 4 2 and 3 E 1 and 4

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
Question 40 A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits. Production requirements for the products are shown in the following table. TTIT Product Material 1 Material 2 Labor ... (Ibs.) (Ibs.) (hours) A 4 B 1 4 5 none 3.5 Each week there are 300 pounds of material 1; 400 pounds of material 2; and 200 hours of labor. There is a standing order of 10 units of product C each week. The following table shows the output of POMQM. Variable Value Reduced Cost Original Val Lower Bound -In finity Upper Bound A 10 10 20 B 82.5 10 5.7143 Infinity C 10 10 -In finity 17.5 Original Val Lower Bound 300 Constraint Dual Value Slack/Surplus Upper Bound Constraint 1 167.5 In finity In finity 235 132.5 Constraint 2 70 400 330 Constraint 3 5 200 35 Constraint 4 -7.5 10 57.1429 Which constraints are binding? A All constraints are binding. B 1 and 2 3 and 4 D 2 and 3 E) 1 and 4
Transcribed Image Text:Question 40 A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits. Production requirements for the products are shown in the following table. TTIT Product Material 1 Material 2 Labor ... (Ibs.) (Ibs.) (hours) A 4 B 1 4 5 none 3.5 Each week there are 300 pounds of material 1; 400 pounds of material 2; and 200 hours of labor. There is a standing order of 10 units of product C each week. The following table shows the output of POMQM. Variable Value Reduced Cost Original Val Lower Bound -In finity Upper Bound A 10 10 20 B 82.5 10 5.7143 Infinity C 10 10 -In finity 17.5 Original Val Lower Bound 300 Constraint Dual Value Slack/Surplus Upper Bound Constraint 1 167.5 In finity In finity 235 132.5 Constraint 2 70 400 330 Constraint 3 5 200 35 Constraint 4 -7.5 10 57.1429 Which constraints are binding? A All constraints are binding. B 1 and 2 3 and 4 D 2 and 3 E) 1 and 4
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS