Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A furniture company is producing tables and chairs for the coming week. The production of tables and chairs will go through two processes: wood cutting and assembly. In the wood cutting process, the required labor hour is 1 hour for a chair and 2 hours for a table. In the assembly process, the required labor hour is 4 hours for a chair and 3 hours for a table. For the coming week, the maximum assembly hours for the wood cutting process and 180 hours for the decides process. Based on the company's inventory level, the company to produce no more than 100 chairs and 30 tables for the coming week. Suppose the profit margin is $5/chair and $6/table. Set up a programming model to maximize the total profit for this furniture company and solve the model using Excel Solver.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92284728

Have any Question?


Related Questions in Operation Management

Company wal mart company1 using deal and kennedyrsquos or

Company: Wal Mart Company 1. Using Deal and Kennedy’s or Handy’s classification discuss the organizational culture prevalent in WAL-MART company and provide justifications for your answer. 2. Evaluate the interrelationsh ...

Explore your own case in point identify the appropriate

Explore your Own Case in Point: identify the appropriate Global Entry Strategy for your Chosen Company After reading this chapter you should be prepared to answer some basic questions about your target company. What is t ...

1 a common tactic to deal with late projects is to push the

1. A common tactic to deal with late projects is to push the worker into overtime, increasing the number of hours per week from 40 to 50, and even 60 hours a week. From what you have read and any research you may have pe ...

You have learned about how to identify a country region

You have learned about how to identify a country, region, community, and site for making a location decision for a Global operation. But, what about the ethics of making a location decision? For example, if an American f ...

Two footballers considering of taking steroids one

Two footballers considering of taking steroids. One footballer decides to take it, he will be better compared to other making it obvious but steroids can be detected. Make a game, identify players, payoffs and choices al ...

Must be 300 wordsmust have referencedo not answer the

Must be 300 words Must have reference Do not answer the question if you cant follow the instructions Health reform has leveraged Medicaid for a significant part of the expansion. Is this good public policy? Why or why no ...

Who is responsible for funding cercla that is what is the

Who is responsible for funding CERCLA? That is, what is the source of funds for cleanups of hazardous waste? Why is it necessary to have criminal penalties for noncompliance with environmental laws? What is the role of s ...

Assignment1 calculate the geometric average rate of growth

Assignment 1. Calculate the Geometric average rate of growth in Revenue for company. 2. Create a series of common sized income statements for all prior years. 3. Develop pro forma income statements for the next 5 years u ...

Demand for fasteners at turan inc is 240000 boxes per year

Demand for fasteners at Turan Inc. is 240,000 boxes per year with constant demand rate. Holding cost at Turan is 20 percent per box per year. Each order incurs a fixed cost of $400. The supplier offers an all unit discou ...

1 a health conscious student faithfully wears a device that

1. A health conscious student faithfully wears a device that tracks his steps. Suppose that the distribution of the number of steps he takes is normally distributed with a mean of 10,000 and a standard deviation of 2,500 ...

  • 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