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- Take your time to solve this problems. If possible then please solve both the problem. Subject : Optimization TechniqueQUESTION 2 Molitup Limited (ML) manufactures three products: Product MM, Product LL and Product TT. The contribution per unit of the respective products is as follows: Product MM Product LL Product TT Contribution per unit £600 £500 £800 Three processes are required for the manufacture of these products: Process Alpha, Process Beta and Process Gamma. The processing time (in hours) required for the manufacture of a unit of each product is as follows: Product MM Product LL Product TT Process Alpha Process Beta Process Gamma 20 30 40 80 60 20 50 90 60 The monthly availability of Process Alpha, Process Beta and Process Gamma are limited to 40,000 hours, 80,000 hours and 50,000 hours respectively. The objective of the company is to maximise contribution.Question 2 A farmer in the Blue Mountains area of Jamaica wants to decide on the crop to plant next season. He wants to plant either ganja or coffee for export to the USA but need some help. He knows that if he plants ganja and the weather in the USA is predominantly cold he earns $10,000(US per month. If the weather is warm he earns $16,000. If he plants coffee and the weather is cold he earns 13,000 and if the weather is warm he earns $14000. In 40% of the years, the weather was cold and in 60 % the weather was warm. For $600, he could buy an expert weather forecast from CWD consulting. States of Nature with Profits ($) Does not include forecast cost Decision Warm Cold weather (C) Alternatives weather(W) Ganja $16,000 $10,000 Coffee $14,000 $13000 Prior Probabilities P(W) = 0.60 P(C) = .40 Conditional probability for a given state of nature where forecasts are either Good (G) or bad (B): That is: P (G|W) = 0.80; P (B|W) = 0.20; P (G|C) = 0.10; P (B|C) = 0.90 After vou have computed…
- pls answer ASAPSeat Work Find initial basic feasible solution using • North West Corner Rule • Column Minimum Method Row Minimum Method • Matrix Minimum Method To Availability 7 2 11 10 3 4 From 1 4 7 2 1 3 9 4 12 9 Requirement 3 3 4 5 6 enACADEMY PAGE NO DATE 4 The daily requicentat of the peod the good brailer chicken For mix is The diet oust Gostaia Heast o.s7.but not mere at least 25% protein at mest 8% Caude pibre than 1.5% Glaum The main ingredients for these peed míx used are Corn Sofa beans and Limertene where by the nutaitive Costerts Summarized belew are Grams per gram of the Ingredient Gat Prgee hyakat Caleum Poteio Grude Fibre Tsh 54-50 0.012 O1OR 0.04 Corn beans Sefa banne Lirme stones Reguiced: Formulate this as a 116.00 0.005 0.60 0,06 0.29 0:00 I5 00. O.00 liner
- Question 3 To keep up with the market demands, Dolphin Technologies allows overtime for each of the two departments. The cost per hour of overtime for the Chip Manufacturing Department is $20, and $12 for Case Fabricating Department. Formulate a linear programming model can be used to determine the optimal production quantities if overtime is made available.1. The drug distribution company LOS PAISAS wants to build a new warehouse in Carretera a Masaya area in which they intend to store the following products: equipment and products for babies. With these products, they plan to serve a total of 10,000 pharmacies in Managua. Equipments Baby products Demand (quantity pharmacies served) 2,000 8,000 Cost per product $1,000.00 $30.00 To achieve balanced use of products, baby product must be equal to 60% of authorized product units. Additionally, the number of units requested in medical equipment must be at least 20% of the total authorized. There are a total of 10,000 pharmacies. The optimal plan needs to be determined to maximize the amount of products they must have to meet demand and maximize profits. Can you please explain it Step-by-step and typed? Thank you in advance!porter 5 force model for a launch of new product sting energy bar
- 7Pls solve this question correctly in 5 min i will give u like Question # 2 A company produces two products, A and B. The sales volume for product A is at least 40% of the total sales of the two products. Both products use the same raw material, of which the daily availability is limited to 200 kg. Products A and B use this raw material at the rates of 5 kg/unit and 2 kg/unit, respectively. The sales prices for the two products are $50 and $20 per unit. Determine the following: a)Optimum volume of each product to be produced? b)What impact does the production mix have, in case the sales price of Product B decreases by 50%?Module 5 Question 8 Mayborn Enterprises, LLC runs a number of sporting goods businesses and is currently analyzing a new T-shirt printing business. Specifically, the company is evaluating the feasibility of this business based on its estimates of the unit sales, price per unit, variable cost per unit, and fixed costs. The company's initial estimates of annual sales and other critical variables are shown here: Base CaseUnit sales 7,500Price per unit $16.00Variable cost per unit $10.00Fixed cash expense per year $10,000Depreciation expense $4,000 a. Calculate the accounting and cash break-even annual sales volume in units. b. Bill Mayborn is the grandson of the founder of the company and is currently enrolled in his junior year at the local state university. After reviewing the accounting break-even calculation done in part a, Bill wondered if the depreciation expense should be included in the calculation. Bill had just completed his first finance class…