OPERATIONS MANAGEMENT
14th Edition
ISBN: 9781260961393
Author: Stevenson
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 19, Problem 4P
A small candy shop is preparing for the holiday season. The owner must decide how many bags of deluxe mix and how many bags of standard mix of Peanut/Raisin Delite to put up. The deluxe mix has ⅔ pound raisins and ⅓ pound peanuts, and the standard mix has ½ pound raisins and ½ pound peanuts per bag. The shop has 90 pounds of raisins and 60 pounds of peanuts to work with.
Peanuts cost $.60 per pound and raisins cost $1.50 per pound. The deluxe mix will sell for $2.90 for a one-pound bag, and the standard mix will sell for $2.55 for a one-pound bag. The owner estimates that no more than 110 bags of one type can be sold.
a. If the goal is to maximize profits, how many bags of each type should be prepared?
b. What is the expected profit?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
In the MABE case report what would be the reccomened course of action?
Question 6.
An electrical engineering company is designing two types of solar panel systems: Standard Panels (S) and High-Efficiency Panels (H). The company has certain constraints regarding the hours of labor and material available for production each week.
Each Standard Panel requires 4 hours of labor and 2 units of material and each High-Efficiency Panel requires 3 hours of labor and 5 units of material.
The company has a maximum of 60 hours of labor and 40 units of material available per week.
The profit from each Standard Panel is GH¢80, and the profit from each High-Efficiency Panel is GH¢100. The company wants to determine how many of each type of panel to produce in order to maximize profit.
i) Solve this LPP by using graphical analysis
ii) What will be the slack at the optimal solution point? Show calculation.
qusestion 6.
An electrical engineering company is designing two types of solar panel systems: Standard Panels (S) and High-Efficiency Panels (H). The company has certain constraints regarding the hours of labor and material available for production each week.
Each Standard Panel requires 4 hours of labor and 2 units of material and each High-Efficiency Panel requires 3 hours of labor and 5 units of material.
The company has a maximum of 60 hours of labor and 40 units of material available per week.
The profit from each Standard Panel is GH¢80, and the profit from each High-Efficiency Panel is GH¢100. The company wants to determine how many of each type of panel to produce in order to maximize profit.
i. Formulate a linear programming model of the problem for the company.
ii Convert the linear programming model formulated in (a) to a standard form.
Chapter 19 Solutions
OPERATIONS MANAGEMENT
Ch. 19 - For which decision environment is linear...Ch. 19 - What is meant by the term feasible solution space?...Ch. 19 - Explain the term redundant constraint.Ch. 19 - Prob. 4DRQCh. 19 - Prob. 5DRQCh. 19 - Prob. 6DRQCh. 19 - Prob. 1PCh. 19 - Prob. 2PCh. 19 - Prob. 3PCh. 19 - A small candy shop is preparing for the holiday...
Ch. 19 - A retired couple supplement their income by making...Ch. 19 - Solve each of these problems by computer and...Ch. 19 - Prob. 7PCh. 19 - For Problem 6b: a. Find the range of feasibility...Ch. 19 - Prob. 9PCh. 19 - Prob. 10PCh. 19 - Prob. 11PCh. 19 - The manager of the deli section of a grocery...Ch. 19 - Prob. 13PCh. 19 - A chocolate maker has contracted to operate a...Ch. 19 - Prob. 15PCh. 19 - Prob. 16PCh. 19 - Prob. 1.1CQCh. 19 - Prob. 1.2CQCh. 19 - Prob. 1.3CQCh. 19 - Prob. 2.1CQCh. 19 - Prob. 2.2CQCh. 19 - Prob. 2.3CQCh. 19 - Prob. 2.4CQ
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- G ווח >>> Mind Tap Cengage Learning 1- CENGAGE MINDTAP Chapter 09 Excel Activity: Exponential Smoothing Question 1 3.33/10 e Submit 自 A ng.cengage.com C Excel Online Student Work G A retail store records customer demand during each sales period. 1. What is the f... Q Search this course ? ✓ Co Excel Online Tutorial Excel Online Activity: Exponential Smoothing A-Z A retail store records customer demand during each sales period. The data has been collected in the Microsoft Excel Online file below. Use the Microsoft Excel Online file below to develop the single exponential smoothing forecast and answer the following questions. Office Video X Open spreadsheet Questions 1. What is the forecast for the 13th period based on the single exponential smoothing? Round your answer to two decimal places. 25.10 2. What is the MSE for the single exponential smoothing forecast? Round your answer to two decimal places. 21.88 Activity Frame ? 3. Choose the correct graph for the single exponential…arrow_forwardNot use ai pleasearrow_forwardItems removed from the work area (5S) were taken to a storage area called ___________. Choose from: SORT, STORD, KNUJ, STUFF, FUDG SORT STORD KNUJ STUFF FUDGarrow_forward
- Could you please help explain How was the poor strategic decisions lead to economic downturns of Circuit City Company? What are the sequences of key events and problems that contribute to its collapse. Could you please explain each one them and give the examples If Circuit City would apply Lean Six Sigma. would it helped prevent businesses from collapsed?? How Qualitative and quantitative Research Methodology in Case Study Research would affect Circuit City?arrow_forwardApple is a global technology company renowned for its innovation and design. To create its products, Apple has established a world class global supply chain to bring their products to market. What strategies is Apple using to source and manufacture its products? How does Apple view its responsibility to its suppliers and those who build its products?arrow_forwardCritical Path Method (CPM) is an important Project Management Tool that has wide industry application in modern day Project Management. By using an example of the project of your choice, critically examine the practical application of CPM as a Project Management Tool.arrow_forward
- what is an other difination for principle?arrow_forwardNeed help or ideas to design out two slides as my script and writing quite long to squeese into two slides. But can just point form in slides with correct title and a good script for me to present two slides in only 2.5 mins. Following is my draft, pls guide me step by step on powerpoint creation and good script to present findings. My draft: Slide 1: Foreign Labor Exploitation in Dyson's Supply Chain Introduction Dyson's former Malaysian supplier, ATA IMS Bhd, became embroiled in serious labor exploitation allegations in 2021. These concerns surfaced when whistleblowers exposed unethical labor practices affecting migrant workers, primarily from Nepal and Bangladesh. Key Forms of Exploitation Debt Bondage Due to Recruitment Fees Workers were forced to pay exorbitant recruitment fees before securing employment, often taking loans at high interest rates. This financial burden trapped them in debt bondage, leaving them with little choice but to accept exploitative working…arrow_forwardNot use ai pleasearrow_forward
- The Business Development Bank of Canada. (2023). Canadian economic outlook for 2024: Shifting into neutral. https://www.bdc.ca/en/articles-tools/blog/canadian-economic-outlook-for-2024-shifting-into-neutral “Despite persistently high inflation and rising interest rates, the news was generally better than expected for the Canadian economy in 2023” (BDC Blog 2024). Discussion Question: In your view, what are the most pressing problems for Canadian companies or consumers in 2024? Explain your answer using current examples of companies or consumer concerns.arrow_forwardhow have idividual objectives led to the current situation at TeraCog? what should Emaa do?arrow_forwardCan you write me an email about addressing an issue to mentor my supervisor the right way of deligating operations dutiesarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
MarketingMarketingISBN:9780357033791Author:Pride, William MPublisher:South Western Educational Publishing
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY