A drug company produces the drug nasamist from four, Ask an Expert

Management Studies

A drug company produces the drug NasaMist from four chemicals. Today, the company must produce 1000 pounds of the drug. The three active ingredients in NasaMist are A, B, and C. By weight, at least 8% of NasaMist must consist of A, at least 4% of B, and at least 2% of C. The cost per pound of each chemicals and the amount of each active ingredient in 1 pound of each chemical are given in a different file (information included below). It is necessary that at least 100 pounds of chemical to be used.

a. Determine the cheapest way of producing today's batch of NasaMist.

Cost/lb of chemicals

Chemical 1 8.00
Chemical 2 10.00
Chemical 3 11.00
Chemical 4 14.00

Ingredient/lb of chemical

A B C

Chemical 1 0.03 0.02 0.01
Chemical 2 0.06 0.04 0.01
Chemical 3 0.10 0.03 0.04
Chemical 4 0.12 0.09 0.04

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9173991

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 discuss 4 different pricing strategies that companies can

1. Discuss 4 different pricing strategies that companies can utilize and when are they most appropriate for use. 2. What are four reasons for international capital markets? Explain each reason. 3. Since business is based ...

Discuss problem recognition for any one of the following

Discuss problem recognition for any one of the following product categories. Make a list of some ways marketers might try to stimulate problem recognition your selected product. Life insurance, Mouthwash, A new automobil ...

1 explain the importance of corporate social responsibility

1. Explain the importance of Corporate Social Responsibility (CSR). 2. What is a values statement and how important do you think this may be to the strategic process? 2. A hot topic currently is employee engagement. What ...

Imagine that you are working as an intern at an advertising

Imagine that you are working as an intern at an advertising agency and the agency just won a new account, a bottled team named Leafs Alive. The sale of bottled tea is surging, with the industry reaching $10.5 billion in ...

Write a brief introduction and complete the first three

Write a brief introduction and complete the first three sections of your Project Management Plan using the template provided. The first three sections of this plan will cover the project manager's record for the project ...

During the 80s and 90s blockbuster dominated the us home

During the 80s and 90s, Blockbuster dominated the US home video rental market. However, the emergence of Netflix in 1997 with its ‘rental by mail’ model challenged Blockbuster’s business model (and market dominance). Blo ...

Consider a food truck selling only grilled chicken sandwich

Consider a food truck selling only grilled chicken sandwich. They order chicken breast once every two days, which means this order is intended to satisfy next two days’ demand. Demand for a two?day period (# of sandwiche ...

Snow skiing and snowboarding remain popular hobbies more

Snow skiing and snowboarding remain popular hobbies. More than 10 million people in the United States participate in the activities each year. Ski resorts can be found across the country. The marketplace for equipment co ...

1 how can i write my paper focusing on marijuana

1. How can I write my paper focusing on marijuana legalization in Colorado and the conflict it brings between HR policies and employees, What can it bring to the workplace and how can we solve it? 2. In a Project Managem ...

1 where would you need to interact with other functional

1. Where would you need to interact with other functional areas (e.g., finance, accounting, management, operations) in a company to get a new product from marketing into the marketplace? 2. Find at least one other approa ...

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

Recent Questions

Ask Operation Management Expert