Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Research Expert

Linear Programming

The Jane Deere Company manufactures tractors in Provo, Utah. Jeremiah Goldstein, the production planner, is scheduling tractor production for the next three months. Factors that Mr. Goldstein must consider include sales forecasts, straight-time and overtime labor hours available, labor cost, storage capacity, and carrying costs.

The marketing department has forecast that the number of tractors shipped during the next three months will be 250, 305, and 350. Each tractor requires 100 labor hours to produce. In each month, 29,000 straight-time labor hours will be available, and company policy prohibits overtime hours from exceeding 10% of straight-time hours. Straight-time labor cost rate is $20 per hour, including benefits. The overtime labor cost rate is 150% (time and half) of the straight-time rate. Excess production capacity during a month may be used to produce tractors that will be stored and sold during a later month. However, the amount of storage space can accommodate only 40 tractors. A carrying cost of $600 is charged for each month a tractor is stored (if not shipped during the month it was produced). Currently, no tractors are in storage.

How many tractors should be produced in each month using straight-time and using overtime in order to minimize total labor cost and carrying cost? Sales forecasts, straight-time and overtime labor capacities, and storage capacity must be adhered to. Note that during each month, all Asources@ of tractors must exactly equal Auses@ of tractors

problem: What is the optimal min Z solution?

Operation Research, Management Studies

  • Category:- Operation Research
  • Reference No.:- M923943

Have any Question? 


Related Questions in Operation Research

Consider the following scenarioyou have held conversations

Consider the following scenario: You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan. PPQ Parts ...

For 100 consecutive days a company making nutritional

For 100 consecutive days, a company making nutritional supplements has measured the amount of a protein the company puts into its protein bars. Each day, the company takes a sample of 6 protein bars. The average across a ...

In this discussion forum you will discuss the implications

In this discussion forum, you will discuss the implications of not having a clear and precise scope of the project, and why it needs to be approved by higher management. Also discuss the importance of listing, sequencing ...

A 75-year-old female is an inpatient in bed 1 of room 10 on

A 75-year-old female is an inpatient in bed #1 of Room 10 on a medical telemetry unit. She has been admitted for pneumonia. She is slightly confused. No family is with her in the hospital at this time. The nurse introduc ...

Monitoring and evaluationinitial postings must be 250-350

Monitoring and Evaluation Initial postings must be 250-350 words (not including references). Effective health care organizations recognize the importance of monitoring the implementation of a strategy as well as ongoing ...

The relationship between language and thinking please

"The Relationship Between Language and Thinking" Please respond to the following: Consider the following quote by the philosopher Ludwig Wittgenstein, who believed that thought without language was impossible: "The limit ...

The agile approach towards system analysis and development

The agile approach towards system analysis and development emphasizes iterative and incremental development, in which requirements and solutions evolve through collaboration. Prepare a 1000 word essay on the requirements ...

In every organization inputs of some kind services

In every organization, inputs of some kind (services, information, and/or products) are transformed into outputs (services, information, and/or products) on an ongoing, continuous basis, which are of value to internal or ...

Please explain how each department in a company could

Please explain how each department in a company could approach assessing customer expectations of a new product launch product. Describe how to use a TQM approach for fulfilling customer expectations associated with a ne ...

Question 1at the beginning of each day a patient in a

Question 1: At the beginning of each day, a patient in a hospital is classified into one of three conditions; good, fair, or critical. At the beginning of the next day, the patient will either continue to be in the hospi ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen