Formulate and solve on spreadsheet and please be in details, Ask an Expert

Management Studies

Formulate and solve on spreadsheet and please be in details, if possible provide screen shots.

A local high-tech company is determining its assembly schedule for the next 6 months. Assembly cost per drone is $100. In addition, if drones are to be assembled, there is a setup cost of $12000 per month. At the end of each month, there is a holding cost of $25 per unit left in inventory. No more than 200 drones can be stored in inventory at any point in time. Monthly demands for units are projected to be as follows: 140 in month 1; 175 in month 2; 175 in month 3; 146 in month 4; 169 in month 5; and 200 in month 6. At the beginning of month 1, 20 completed drones are in inventory. Finally, this company can complete up to 325 units per month. Formulate and solve an integer programming model to find the minimum cost of meeting the schedule.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91643103

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 explain the ability to integrate learning from

1. Explain The ability to integrate learning from International Management into the analysis via cross cultural communication In 500 words without plagarism 2. What are the ability to identify the business issues involve ...

1 design a human resource management system for a very

1. Design a human resource management system for a very small employer with 10 employees or less. 2. The if–then construct is often used to describe a business process. For example, “if the person is a Member, then enrol ...

Cynthia dudley was a student at southern virginia

Cynthia Dudley was a student at Southern Virginia University (SVU). Dudley obtained a loan from Nellie Mae, which included a note by which Dudley agreed to repay the money loaned to the order of Nellie Mae. SVU sued Dudl ...

How can a top management team lower the chances that key

How can a top management team lower the chances that key managers will pursue their own self-interests at the expense of stockholders? At the expense of the employees? At the expense of other key stakeholders? Without co ...

Design your own clothing storeclothing store merchandise

Design your own clothing store Clothing store Merchandise selection – The company’s “signature” product(s). What is your store known for selling? Merchandise categories (sportswear, lingerie, etc.) Size range(s) Price ra ...

Case the best of intentions by john humphreyswrite 7 pages

Case : The Best of Intentions by John Humphreys Write 7 Pages and also reference page - Analyze this case (attached Journal) Identify the major issues in this case Dig deep into the journal literature to find support for ...

Assignmentyou have been assigned by your manager to provide

Assignment You have been assigned by your manager to provide the acquisition strategy to acquire 10,000 Widgets for a multi-year requirement within a notional budget of $100M. The major Line Items are 1) Required Hardwar ...

1 customer relation management crm is an essential part of

1. Customer Relation Management (CRM) is an essential part of any successful Information System. Discuss what CRM is, what it’s used for, its technical structure and processes, its advantages to the enterprise, and to th ...

1 what are steps that a small business can take to protect

1. What are steps that a small business can take to protect its brand? explain 2. Select one of the long-lasting family businesses that you discovered and write a one-page summary of the business, what it does, how it ha ...

A profitability and productivity are two sides of the same

A. Profitability and productivity are two sides of the same coin. Discuss the relationship between them and explain how the use of materials can affect either of them. B. Waste in both service and manufacturing organizat ...

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