QUESTION 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 20 30 80 60 50 90 Process Gamma 40 20 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.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
icon
Concept explainers
Topic Video
Question
QUESTION 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
20
30
50
90
60
Process Gamma
40
20
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.
888
Transcribed Image Text:QUESTION 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 20 30 50 90 60 Process Gamma 40 20 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. 888
b)
A consultant claims that she will be able to predict the level of demand. However, her
prediction will only be 70% accurate. Inaccurate predictions will be equally distributed
between the remaining two levels of demand.
Required:
Determine the number of days matrix that reflects the imperfect information. Your answer
should be rounded to 2 decimal places.
Transcribed Image Text:b) A consultant claims that she will be able to predict the level of demand. However, her prediction will only be 70% accurate. Inaccurate predictions will be equally distributed between the remaining two levels of demand. Required: Determine the number of days matrix that reflects the imperfect information. Your answer should be rounded to 2 decimal places.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Centre, Spread, and Shape of a Distribution
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,