Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

The Apex Television Company has to decide on the number of 60- and 42-inch sets to be produced at one of its factories. Market research indicates that at most 40 of the 60-inch sets and 10 of the 42-inch sets can be sold per month. The maximum number of workhours available is 500 per month. A 60-inch set requires 20 work-hours and a 42-inch set requires 10 work-hours. Each 60-inch set sold produces a profit of $120 and each 42-inch set produces a profit of $80. A wholesaler has agreed to purchase all the television sets produced if the numbers do not exceed the maxima indicated by the market research. Formulate a linear programming model for this problem and find the maximum profit of the company.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92491413

Have any Question?


Related Questions in Operation Management

Segmentation task answer these questions based on chevys

Segmentation Task: Answer these questions based on Chevy's pickups. 1. Based on a visit to the company’s website and your over all impressions from any of the brand’s past and current advertising campaigns you have been ...

Ldquomaking smal big smal camera technologiesrdquo is an

“Making SMal Big: SMaL Camera Technologies” is an innovative product that made significant profits in the first year but then quickly was attacked by competitors. The evolution and technology of the product in detail. It ...

Linda bells is the president of a car accessories company

Linda Bells is the president of a car accessories company in Germany. In order to expand its business to Asia, she has decided to set up an overseas sales office in Hong Kong. Stephen Crag, the sales and marketing manage ...

1 in comparison to early adopters which of the following

1. In comparison to early adopters, which of the following statements is true of the early majority? a. They are likely to collect more information and evaluate more brands. b. They are more likely to be opinion leaders. ...

1 why is diversification sometimes necessary explain in 150

1. Why is diversification sometimes "necessary?" explain in 150 words or more. 2. Decision Making Styles. Select a certain decision-making style (analytical, conceptual, directive or behavioral) and explain how you have ...

1 which of the types of power voting power political power

1. Which of the types of power (Voting Power, political Power, economic power, technological power, legal power, environmental power, cultural power, and power over individuals and groups) that stakeholders can use have ...

Operational behavior classoften employees must work in

Operational Behavior Class: Often employees must work in various teams on a multitude of projects or initiatives. In order to work successfully, employees must actively listen to other team members to solve what are ofte ...

You are a proposal manager for a government contractor

You are a proposal manager for a government contractor working on a huge new program. You have an interview with an former employee of your main competitor who wants you to hire him. He happens to mention that when he le ...

The transcanada lumber company and mill processes 10000

The TransCanada Lumber Company and Mill processes 10,000 logs annually, operating 250 days per year. Immediately upon receiving an order, the logging company's supplier begins delivery to the lumber mill at the rate of 6 ...

1 is transformational leadership always moral leadership2

1. Is transformational leadership always moral leadership? 2. How can an organisation be classified in terms of its social responsibility? 3. Why in many companies, labor efficiency and equipment utilization have been ov ...

  • 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