Operations Management: Sustainability and Supply Chain Management (12th Edition)
12th Edition
ISBN: 9780134130422
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Question
Chapter B, Problem 12P
a)
Summary Introduction
To determine: The mix of standard and deluxe golf bags that will maximize the weekly profit.
Introduction:
Linear programming:
It is a linear optimization technique followed to develop the best outcome for the linear programming problem. The outcome might be to maximize profit, minimize cost, or to determine the optimal product mix. The outcome will take the constraints present in achieving the solution into consideration.
b)
Summary Introduction
To determine: The value of the profit for the mix of standard and deluxe golf bags that will maximize the weekly profit.
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Demand for stereo headphones and music players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for this year was as follows:
MONTH
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4,150
February
4,250
March
3,950
April
4,350
May
4,950
June
4,650
July
5,250
August
4,850
September
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October
5,650
November
6,250
December
5,950
a. Using linear regression analysis, what would you estimate demand to be for each month next year? Using a spreadsheet, follow the general format in Exhibit 3.8. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
b. To be reasonably confident of meeting demand, Nina decides to use 3 standard errors of estimate for safety. How many additional units should be held to meet this…
Fedori Corporation has a Parts Division that does work for other Divisions in the company as well as for outside customers. The company's Machinery Division has asked the Parts Division to provide it with 4,000 special parts each year. The special parts would require P23.00 per unit in variable production costs. The Machinery Division has a bid from an outside supplier for the special parts at P37.00 per unit. In order to have time and space to produce the special part, the Parts Division would have to cut back production of another part-the YR24 that it presently is producing. The YR24 sells for P40.00 per unit, and requires P28.00 per unit in variable production costs. Packaging and shipping costs of the YR24 are P3.00 per unit. Packaging and shipping costs for the new special part would be only P1.50 per unit. The Parts Division is now producing and selling 15,000 units of the YR24 each year. Production and sales of the YR24 would drop by 20% if the new special part is produced for…
Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year.
The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws
have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows:
MONTH
DEMAND (UNITS)
January
February
4,100
4,200
March
3,900
April
4,300
May
4,900
June
4,600
July
5,200
August
4,800
September
5,300
October
5,600
November
6,200
December
5,900
Chapter B Solutions
Operations Management: Sustainability and Supply Chain Management (12th Edition)
Ch. B - Prob. 1DQCh. B - Prob. 2DQCh. B - Prob. 3DQCh. B - Prob. 4DQCh. B - Prob. 5DQCh. B - Prob. 6DQCh. B - Prob. 7DQCh. B - Prob. 8DQCh. B - Prob. 9DQCh. B - Prob. 10DQ
Ch. B - Prob. 11DQCh. B - Where a constraint crosses the vertical or...Ch. B - Prob. 13DQCh. B - The LP relationships that follow were formulated...Ch. B - Prob. 2PCh. B - Prob. 3PCh. B - B.4. Consider the following linear programming...Ch. B - Prob. 5PCh. B - Prob. 6PCh. B - Green Vehicle Inc. manufactures electric cars and...Ch. B - Prob. 8PCh. B - Prob. 9PCh. B - Prob. 10PCh. B - Prob. 11PCh. B - Prob. 12PCh. B - Prob. 13PCh. B - Prob. 14PCh. B - Prob. 22PCh. B - A fertilizer manufacturer has to fulfill supply...Ch. B - Prob. 25PCh. B - Prob. 26PCh. B - Prob. 27PCh. B - Prob. 28PCh. B - Prob. 29PCh. B - Prob. 30PCh. B - How many corner points are there in the feasible...Ch. B - Prob. 34PCh. B - Prob. 35PCh. B - Prob. 36PCh. B - Prob. 37PCh. B - Prob. 38PCh. B - Bowman Builders manufactures steel storage sheds...Ch. B - Prob. 40PCh. B - Prob. 41PCh. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Quain Lawn and Garden, Inc Bill and Jeanne Quain...Ch. B - Prob. 1.1VCCh. B - Prob. 1.2VCCh. B - Prob. 1.3VCCh. B - Prob. 1.4VC
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