Casper Computer(CC) produces X model of computers of its own brand by assembling computer parts supplied from abroad and domestically, and sells them mainly domestically. The daily production capacity of CC is 30 computers. Assume that production continues throughout a week (7 days). The corresponding cost components for assembling, inspecting, and packaging per computer is $90, $80 and $20, respectively. Additionally, CC has a warehouse to hold finished computers in inventory for future deliveries and the weekly inventory holding cost per computer is $15. In order to provide quality service, CC wishes to meet all customer orders without shortage. Orders for the next 6 weeks are as follows: Weeks Computer Orders 1 2 3 4 5 105 170 230 180 150 250 In the beginning of the first week, there are 15 units of finished X model of computers. First build the mathematical model and then use a solver (Excel solver, LINDO or Python libraries) to solve the question. Also, provide all the details of your mathematical model and code/files clearly when submitting your homework. a) Assume that CC hired new workers and the daily production capacity is increased 5 units. Do you observe any change in the solution?
Casper Computer(CC) produces X model of computers of its own brand by assembling computer parts supplied from abroad and domestically, and sells them mainly domestically. The daily production capacity of CC is 30 computers. Assume that production continues throughout a week (7 days). The corresponding cost components for assembling, inspecting, and packaging per computer is $90, $80 and $20, respectively. Additionally, CC has a warehouse to hold finished computers in inventory for future deliveries and the weekly inventory holding cost per computer is $15. In order to provide quality service, CC wishes to meet all customer orders without shortage. Orders for the next 6 weeks are as follows: Weeks Computer Orders 1 2 3 4 5 105 170 230 180 150 250 In the beginning of the first week, there are 15 units of finished X model of computers. First build the mathematical model and then use a solver (Excel solver, LINDO or Python libraries) to solve the question. Also, provide all the details of your mathematical model and code/files clearly when submitting your homework. a) Assume that CC hired new workers and the daily production capacity is increased 5 units. Do you observe any change in the solution?
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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