b) Determine the the optimal solution to the problem. c) Which resource constraint(s) are binding? Give a reason. d) If the company could increase manufacturing hours by 10 hours per week or increase the assembly hours by 10 per week, which should it choose? As a management science student, advise the MD, providing detailed explanation using your answer. Write your answer in a form of a report to the MD.

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...
icon
Related questions
Question
irin
6.66666
g Usage
$F$
5
20
3.6
20
6667
10
Assembly
Usage
$F$
6.66666
20
20
1.6
6667
10
Testing
Usage
6.66666
7
20
1.6
20
6667
10
b) Determine the the optimal solution to the problem.
c) Which resource constraint(s) are binding? Give a reason.
d) If the company could increase manufacturing hours by 10 hours per week or increase
the assembly hours by 10 per week, which should it choose? As a management science
student, advise the MD, providing detailed explanation using your answer. Write your
answer in a form of a report to the MD.
Transcribed Image Text:irin 6.66666 g Usage $F$ 5 20 3.6 20 6667 10 Assembly Usage $F$ 6.66666 20 20 1.6 6667 10 Testing Usage 6.66666 7 20 1.6 20 6667 10 b) Determine the the optimal solution to the problem. c) Which resource constraint(s) are binding? Give a reason. d) If the company could increase manufacturing hours by 10 hours per week or increase the assembly hours by 10 per week, which should it choose? As a management science student, advise the MD, providing detailed explanation using your answer. Write your answer in a form of a report to the MD.
Variable Cells
Redu
Objectiv Allowabl Allowabl
Final
се
e
e
e
Valu
Coeffici
Decreas
Cell
Name
e
Cost
ent
Increase
e
$B$
10
X1% =
4
10
6.
4
$B$
2.66666
11
X2 =
4
12
6667
4
$B$
2.66666
12
X3 D
4
12
6667
4.
Constraints
Shad
Constrai Allowabl Allowabl
Final
ow
nt
e
e
Valu
R.H.
Decreas
Cell
Name
e
Price
Side
Increase
e
$F$
Manufacturin
6.66666
3.6
6667
10
g Usage
Assembly
Usage
Testing
20
$F$
6.66666
20
1.6
20
6667
10
6.
6.66666
$F$
6667
10
Usage
20
1.6
b) Determine the the optimal solution to the problem.
20
20
Transcribed Image Text:Variable Cells Redu Objectiv Allowabl Allowabl Final се e e e Valu Coeffici Decreas Cell Name e Cost ent Increase e $B$ 10 X1% = 4 10 6. 4 $B$ 2.66666 11 X2 = 4 12 6667 4 $B$ 2.66666 12 X3 D 4 12 6667 4. Constraints Shad Constrai Allowabl Allowabl Final ow nt e e Valu R.H. Decreas Cell Name e Price Side Increase e $F$ Manufacturin 6.66666 3.6 6667 10 g Usage Assembly Usage Testing 20 $F$ 6.66666 20 1.6 20 6667 10 6. 6.66666 $F$ 6667 10 Usage 20 1.6 b) Determine the the optimal solution to the problem. 20 20
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE 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.