Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Formulate on spread sheet and solve using solver:

During the next two months, General Cars must meet (on time) the following demand for trucks and cars: month 1 – 400 trucks, 800 cars; month 2 – 300 trucks, 300 cars. During each month, at most 1000 vehicles can be produced. Each truck uses 2 tons of steel, and each car uses 1 ton of steel. During month 1, steel cost $400 per ton; during month 2, steel costs $600 per ton. At most 1500 tons of steel may be purchased at each month (steel may only be used during the month in which it is purchased). At the beginning of month 1, 100 trucks and 200 cars are in inventory. At the end of each month, a holding cost of $150 per vehicle is assessed. Each car gets 20 mpg and each truck gets 10 mpg. During each month, the vehicles produced by the company must average at least 16 mpg. Formulate an LP to meet the demand and mileage requirements at minimum cost (include steel costs and holding costs).

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91578542

Have any Question?


Related Questions in Operation Management

The impact that decisions made early in the design and

The impact that decisions made early in the design and construction processes can have on building operational costs. Provide an example of a new process, building component, or technology that could theoretically be use ...

1 what is a strongly efficient contract give a graphical

1. What is a strongly efficient contract? Give a graphical example and explain. 2. What does the concept of company loyalty mean to you? Does it still make sense today? 3. When, if ever, is an employee justified in blowi ...

Write approximately 1750-2000 words addressing the

Write approximately 1,750-2,000 words addressing the following questions: How has globalization impacted health care in the United States? In what ways and why are patients, workers, management practices, and health poli ...

There are well-defined standards process procedures etc in

There are well-defined standards, process, procedures etc., in place. Your development team strictly followed and produced the product. But the customer is dissatisfied, as the product was delivered very late, (Schedule ...

1 administrative law or regulatory laws enacted by federal

1. Administrative law or regulatory laws enacted by federal agencies can be burdensome at times. In what ways should administrative or regulatory procedures be changed to reduce the time and frustration of users and cust ...

Company citigroupcompany analysisfull company name home

Company: Citigroup Company analysis: Full company name; home office (city, state, country); name of CEO and name of President or indicate if same; stock symbol; stock exchange where stock is traded; closing stock price a ...

1 what marketing issues must hq decidemarketing strategy

1. What marketing issues must HQ decide Marketing strategy – HQ promotes cross-fertilization among countries Product positioning – HQ persuasion for standardization Product characteristics – No initiative Branding – HQ e ...

1 why is it important to prepare a communication program to

1. Why is it important to prepare a communication program to promote the company strategy and to explain the risks? What is the purpose of the communication program? 2. Expenditures for health services continue to grow f ...

1 research at least two articles on the topic of

1. Research at least two articles on the topic of Information systems infrastructure: evolution and trends. Write a brief synthesis and summary of the two articles. How are the topics of the two articles related to the t ...

1 briefly describe the background of game theory2 on page

1. Briefly describe the background of game theory 2. On page 58, it states "Successful business strategy is about actively shaping the game you play, not just playing the game you find." Evaluate this statement. 3. Expla ...

  • 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