Weenies and Buns is a food processing plant which manufactures hot dogs and hot dog buns. They grind their own flour for the hot dog buns at a maximum rate of 200 pounds per week. Each hot dog bun requires 0.1 pound of flour. They currently have a contract with Pigland, Inc., which specifies that a delivery of 800 pounds of pork product is delivered every Monday. Each hot dog requires pound of pork product. All the other ingredients in the hot dogs and hot dog buns are in plentiful supply. Finally, the labor force at Weenies and Buns consists of 5 employees working full time (40 hours per week each). Each hot dog requires 3 minutes of labor, and each hot dog bun requires 2 minutes of labor. Each hot dog yields a profit of $0.80, and each bun yields a profit of $0.30. Weenies and Buns would like to know how many hot dogs and how many hot dog buns they should produce each week so as to achieve the highest possible profit. (a) Formulate a linear programming model for this problem. D,I (b) Use the graphical method to solve this model
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Weenies and Buns is a food processing plant which manufactures hot dogs and hot dog buns. They grind their own flour for
the hot dog buns at a maximum rate of 200 pounds per week. Each
hot dog bun requires 0.1 pound of flour. They currently have a contract with Pigland, Inc., which specifies that a delivery of 800
pounds of pork product is delivered every Monday. Each hot dog
requires pound of pork product. All the other ingredients in the
hot dogs and hot dog buns are in plentiful supply. Finally, the labor
force at Weenies and Buns consists of 5 employees working full
time (40 hours per week each). Each hot dog requires 3 minutes of
labor, and each hot dog bun requires 2 minutes of labor. Each hot
dog yields a profit of $0.80, and each bun yields a profit of $0.30.
Weenies and Buns would like to know how many hot dogs
and how many hot dog buns they should produce each week so as
to achieve the highest possible profit.
(a) Formulate a linear programming model for this problem.
D,I (b) Use the graphical method to solve this model
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 9 images
