Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

1. Southern Sporting Good Company makes basketballs and footballs. Each product is produced from two resources rubber and leather. The resource requirements for each product and the total resources available are as follows:

 

Resource Requirements per Unit

Product

Rubber (lb.)

Leather (ft2)

Basketball

3

4

Football

2

5

Total resources available

500 lb.

800 ft2

a. State the optimal solution.

b. What would be the effect on the optimal solution if the profit for a basketball changed from $12 to $13? What would be the effect if the profit for a football changed from $16 to $15?

c. What would be the effect on the optimal solution if 500 additional pounds of rubber could be obtained? What would be the effect if 500 additional square feet of leather could be obtained?

2. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processed on two assembly lines, where the required production times are as follows:

 

Hours/ Unit

Product

Line 1

Line2

A

12

4

B

4

8

Total Hours

60

40

a. Formulate a linear programming model to determine the optimal product mix that will maximize profit.

b. Transform this model into standard form.

3. Solve problem 2 using the computer.

a. State the optimal solution.

b. What would be the effect on the optimal solution if the production time on line 1 was reduced to 40 hours?

c. What would be the effect on the optimal solution if the profit for product B was increased from $7 to $15 to $20?

4. For the linear programming model formulated in Problem 2 and solved in Problem 3.

a. What are the sensitivity ranges for the objective function coefficients?

b. Determine the shadow prices for additional hours of production time on line 1 and line 2 and indicate whether the company would prefer additional line 1 or line 2 hours.

5. Formulate and solve the model for the following problem: Irwin Textile Mills produces two types of cotton cloth - denim and corduroy. Corduroy is a heavier grade of cotton cloth and, as such, requires 7.5 pounds of raw cotton per yard, whereas denim requires 5 pounds of raw cotton per yard. A yard of corduroy requires 3.2 hours of processing time; a yard of denim requires 3.0 hours. Although the demand for denim is practically unlimited, the maximum demand for corduroy is 510 yards per month. The manufacturer has 6,500 pounds of cotton and 3,000 hours of processing time available each month. The manufacturer makes a profit of $2.25 per yard of denim and $3.10 per yard of corduroy. The manufacturer wants to know how many yards of each type of cloth to produce to maximize profit. Formulate the model and put it into standard form. Solve it.

a. How much extra cotton and processing time are left over at the optimal solution? Is the demand for corduroy met?

b. What is the effect on the optimal solution if the profit per yard of denim is increased from $2.25 to $3.00? What is the effect if the profit per yard of corduroy is increasedb from $3.10 to $4.00?

c. What would be the effect on the optimal solution if Irwin Mils could obtain only 6,000 pounds of cotton per month?

6. Continuing the model from Problem 5.

a. If Irwin Mills can obtain additional cotton or processing time, but not both, which should it select? How much? Explain your answer.

b. Identify the sensitivity ranges for the objective function coefficients and for the constraint quantity values. Then explain the sensitivity range for the demand for corduroy.

7. United Aluminum Company of Cincinnati produces three grades (high, medium, and low) of aluminum at two mills. Each mill has a different production capacity (in tons per day) for each grade as follows:

 

Mill

Aluminum Grade

1

2

High

6

2

Medium

2

2

Low

4

10

The company has contracted with a manufacturing firm to supply at least 12 tons of high-grade aluminum, and 5 tons of low-grade aluminum. It costs United $6,000 per day to operate mill 1 and $7,000 per day to operate mill 2. The company wants to know the number of days to operate each mill in order to meet the contract at minimum cost.

a. Formulate a linear programming model for this problem.

8. Solve the linear programming model formulated in Problem 16 for Unite Aluminum Company by using the computer.

a. Identify and explain the shadow prices for each of the aluminum grade contract requirements.

b. Identify the sensitivity ranges for the objective function coefficients and the constraint quantity values.

c. Would the solution values change if the contract requirements for high-grade alumimum were increased from 12 tons to 20 tons? If yes, what would the new solution values be?

9. Solve the linear programming model developed in Problem 22 for the Burger Doodle restaurant by using the computer.

a. Identify and explain the shadow prices for each of the resource constraints

b. Which of the resources constrains profit the most?

c. Identify the sensitivity ranges for the profit of a sausage biscuit and the amount of sausage available. Explain these sensitivity ranges.

The manager of a Burger Doodle franchise wants to determine how many sausage biscuits and ham biscuits to prepare each morning for breakfast customers. The two types of biscuits require the following resources:

Biscuit

Labor (hr.)

Sausage (lb.)

Ham (lb.)

Flour (lb.)

Sausage

0.010

0.10

---

0.04

Ham

0.024

--

0.15

0.04

The franchise has 6 hours of labor available each morning. The manager has a contract with a local grocer for 30 pounds of sausage and 30 pounds of ham each morning. The manager also purchases 16 pounds of flour. The profit for a sausage biscuit is $0.60; the profit for a ham biscuit is $0.50. The manager wants to know the number of each type of biscuit to prepare each morning in order to maximize profit. Formulate a linear programming model for this problem.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91299853
  • Price:- $70

Guranteed 36 Hours Delivery, In Price:- $70

Have any Question?


Related Questions in Operation Management

Assignmentyour team is consulting with a local

Assignment Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area. When averaging all of the manufacturing employees' salary divided by the marke ...

Describe five characteristics of effective followers and

Describe five characteristics of effective followers and provide a specific example for each characteristic. Develop a response that includes examples and evidence to support your ideas, and which clearly communicates th ...

1 assess your followership style using this tool create a

1. Assess your followership style using this tool. Create a post that identifies your followership style, and indicate why you agree or disagree with the outcome. Elite Burger: New Product Launch Case Scenario 2. What ar ...

Critical thinking transformational leadersdiscuss a leader

Critical Thinking: Transformational Leaders Discuss a leader who you would consider to be transformational. If possible, choose a leader located in the Middle East other than His Highness Sheikh Mohammed bin Rashid Al Ma ...

Discussion the corporate social responsibility topic has

Discussion : The corporate social responsibility topic has gained an increasing momentum in the past decade. Pick a company of your choice and visit their website. Write a one page report on their CSR involvement and ini ...

1 how are caucuses similar to a primary how are they

1. How are caucuses similar to a primary? How are they different?? 2. How are technology and innovation interrelated? A= 3. What current examples can you identify to reflect radical, systems, and incremental innovations? ...

1 ernie is a director of five-star properties inc ernie is

1. Ernie is a director of Five-Star Properties, Inc. Ernie is a property appraiser. Five-Star makes several purchases in which it pays too much. Ernie approves all the transactions without evaluating them. He is most lik ...

A define what a company using a multinational

a) Define what a company using a multinational organizational model means? b) Then conduct research online to identify a company that you believe operates using the multinational organizational model to compete. Identify ...

Many national brands are supplying products to be sold by

Many national brands are supplying products to be sold by retailers under the retailer’s own private label. For example, Purina, Borden, Heinz – have all admitted to supplying products (sometimes lower in quality) – to b ...

Create a list that outlines at least five of the expenses

Create a list that outlines at least five of the expenses and 3-5 forms of revenue you anticipate for the sporting event you are planning. Be sure to include a brief summary of the event followed by the list of specific ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As