Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Stroika Concrete makes bags of easy use concrete for the DIY market. The company mixes their concrete using two ingredients, "Great Grit" and "A1 Aggregate". Great Grit costs $1 per kilogram and consists of 20% fine sand, 40% coarse sand and 40% gravel. A1 Aggregate costs $0.75 per kilogram and consists of 10% fine sand, 50% coarse sand and 40% gravel. Each bag of Stroika concrete must contain at least 2kg of fine sand, 2kg of coarse sand and 6kg of gravel.

What is the least cost combination of the ingredients that will satisfy the minimum requirements and what will be the cost of these ingredients per bag of concrete produced?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91699954

Have any Question?


Related Questions in Operation Management

This weeks lesson discussed the stages of moral development

This week's lesson discussed the stages of moral development as well as a variety of moral intensity factors. Consider and comment on the following questions: 1. Identify one well-known person today (politician, celebrit ...

Case study assignment risk assessment strategic planning

Case Study Assignment: Risk Assessment, Strategic Planning, and Policy Creation At the heart of Information Governance is planning to avoid future problems. One of the key ways this is accomplished is through risk assess ...

This assignment you will write a paper describing spot

This assignment, you will write a paper describing spot market and comparing foreign markets to the domestic market. Scenario: You work for an MNC where new management trainees are often required to travel internationall ...

Question imagine that ibm has decided to diversify into the

Question : Imagine that IBM has decided to diversify into the telecommunications business to provide online cloud-computing data services and broad-band access for businesses and individuals. What method would you recomm ...

Gentle bens bar and restaurant uses 6600 quart bottles of

Gentle Ben's Bar and Restaurant uses 6,600 quart bottles of an imported wine each year. The effervescent wine costs $4 per bottle and is served only in whole bottles because it loses its bubbles quickly. Ben figures that ...

Over the course of the year following dan pricersquos april

Over the course of the year following Dan Price’s April 2015 announcement, he was embroiled in a legal battle with his brother Lucas, co-owner of Gravity Payments. Lucas Price sued Dan, claiming that his brother had viol ...

Question suppose that we are given an array a with n keys

Question : Suppose that we are given an array A with n keys and k inversions. Here, an inversion is defined as a pair of entries that are out of order in the array. What is the running time of Insertion sort when it is u ...

1 what do you see as the advantages to be gained when

1. What do you see as the advantages to be gained when buying globally? What are the disadvantages? How can you minimize the problem areas? 2. How is United States dealing with problems of minorities? 3. In 200 words, Ex ...

Learning activity 1 organizationchapter 9 discusses various

Learning Activity #1 ORGANIZATION Chapter 9 discusses various ways to organize a company including organizational structures which are "simple, functional, multi-divisional, and matrix". Another way to look at organizati ...

Many scheduling processes are an attempt to match demand

Many scheduling processes are an attempt to match demand and capacity. This is particularly challenging in the service sector, where finished goods inventory cannot be used to store capacity for later use. One especially ...

  • 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