Operations and Supply Chain Management 9th edition
9th Edition
ISBN: 9781119320975
Author: Roberta S. Russell, Bernard W. Taylor III
Publisher: WILEY
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Chapter 14.S, Problem 17P
a)
Summary Introduction
To determine: the quantity of each product to produce in order to maximum profit by formulating linear programming and solves it graphically.
Introduction: Linear programming is used to obtain the best possible outcome from the given real-world problem which is subjective to constraints and inequalities. It is used to make decisions based on business objectives. It is used in business planning, industrial engineering, and physical science. Express the real-world problem into the mathematical expression to get the optimal solution from the linear programming.
b)
Summary Introduction
To determine: slope of each objective function and change the objective function to 
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Long-Life Insurance has developed a linear model that it uses to determine the amount of term life Insurance a family of four should
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This exercise contains only parts b, c, d, e, and f.
Part 2
b) The objective function for the LP model =
Mark has a company that produces tables and chairs, both having two different models. The product models and related information are given in the following table.
Wood costs 3000 $ per cubic meter and 200 m3 of wood are available for the upcoming month. The cost of labor is 40 $/hour and there are 6000 hours of labor available in a month. Mark sells his products to a big chain retail company. The company purchases all products whatever Mark produces.
Mark formulates an LP as follows to determine the optimal monthly production plan such that he maximizes the total profit.
Decision Variables:
X1 : number of basic tables to be produced.
X2 : number of elegant tables to be produced.
X3 : number of basic chairs to be produced.
X4 :number of elegant chairs to be produced.
Max Z = 140 X1 + 345 X2 + 120 X3 + 260 X4 ( maximize total profit)
Subject to
0.11 X1 + 0.13 X2 + 0.06 X3 + 0.07 X4 ≤ 200 (constraint on the available amount of wood)
2 X1 + 4.5 X2 + 1.5 X3 + 4 X4 ≤ 6000…
Chapter 14 Solutions
Operations and Supply Chain Management 9th edition
Ch. 14.S - Prob. 1QCh. 14.S - Prob. 2QCh. 14.S - Prob. 3QCh. 14.S - Prob. 4QCh. 14.S - Prob. 5QCh. 14.S - Prob. 6QCh. 14.S - Prob. 7QCh. 14.S - Prob. 8QCh. 14.S - Prob. 1PCh. 14.S - The Tycron Company produces three electrical...
Ch. 14.S - Prob. 3PCh. 14.S - The Pinewood Cabinet and Furniture Company...Ch. 14.S - The Mystic Coffee Shop blends coffee on the...Ch. 14.S - Prob. 6PCh. 14.S - Prob. 7PCh. 14.S - Prob. 8PCh. 14.S - Prob. 9PCh. 14.S - Prob. 10PCh. 14.S - Prob. 11PCh. 14.S - Prob. 12PCh. 14.S - Prob. 13PCh. 14.S - Prob. 14PCh. 14.S - Prob. 15PCh. 14.S - Prob. 16PCh. 14.S - Prob. 17PCh. 14.S - Prob. 18PCh. 14.S - Prob. 19PCh. 14.S - Prob. 20PCh. 14.S - Prob. 22PCh. 14.S - Prob. 23PCh. 14.S - Prob. 24PCh. 14.S - Prob. 25PCh. 14.S - Prob. 27PCh. 14.S - Prob. 28PCh. 14.S - Prob. 1.1CPCh. 14.S - Prob. 1.2CPCh. 14.S - Prob. 1.3CPCh. 14.S - Prob. 1.4CPCh. 14.S - Prob. 1.5CPCh. 14.S - Prob. 1.6CPCh. 14.S - Prob. 1.7CPCh. 14.S - Prob. 1.8CPCh. 14.S - Prob. 1.9CPCh. 14.S - Prob. 2.1CPCh. 14 - Prob. 1.1ASCCh. 14 - Prob. 1.2ASCCh. 14 - Supply and Demand in the Spirits Industry A...Ch. 14 - Supply and Demand in the Spirits Industry A...Ch. 14 - Supply and Demand in the Spirits Industry A...Ch. 14 - Disneys Magic Numbers Sales and operations...Ch. 14 - Disneys Magic Numbers Sales and operations...Ch. 14 - Prob. 1QCh. 14 - List several alternatives for adjusting capacity....Ch. 14 - Prob. 3QCh. 14 - How do linear programming, the linear decision...Ch. 14 - Prob. 5QCh. 14 - What options are available for altering the...Ch. 14 - Prob. 7QCh. 14 - Prob. 8QCh. 14 - Explain the process of collaborative planning. How...Ch. 14 - Prob. 11QCh. 14 - Prob. 12QCh. 14 - Prob. 1PCh. 14 - Prob. 2PCh. 14 - Prob. 3PCh. 14 - Prob. 4PCh. 14 - Mamas Stuffin is a popular food item during the...Ch. 14 - Prob. 6PCh. 14 - Slopes Sleds (SS) makes skis, snowboards, and...Ch. 14 - Prob. 8PCh. 14 - Midlife Shoes, Inc, is a manufacturer of sensible...Ch. 14 - Design a production plan for Mamas Stuffin in...Ch. 14 - Design a production plan for FansForYou in Problem...Ch. 14 - Prob. 16PCh. 14 - Prob. 17PCh. 14 - Prob. 18PCh. 14 - Prob. 19PCh. 14 - Prob. 20PCh. 14 - Prob. 21PCh. 14 - Prob. 22PCh. 14 - How many units are available-to-promise in period...Ch. 14 - Complete the available-to-promise table below.Ch. 14 - Complete the available-to-promise table below.Ch. 14 - Calculate the available-to-promise row in the...Ch. 14 - Complete the following table. How many Bs are...Ch. 14 - Managers at the Dew Drop Inn are concerned about...Ch. 14 - Prob. 29PCh. 14 - Prob. 30PCh. 14 - Prob. 31PCh. 14 - Prob. 32PCh. 14 - The Forestry Club sells Christmas trees each year...Ch. 14 - Prob. 34PCh. 14 - Tariott Hotel rents rooms for 125 a night that...Ch. 14 - Prob. 36PCh. 14 - Prob. 1.1CPCh. 14 - Prob. 1.2CPCh. 14 - Prob. 1.3CP
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