Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

The Beaver Furniture Company manufactures and assembles chairs, tables, and bookshelves. The plant produces semifinished products that are assembled in the company's assembling facility. The (unassembled) monthly production capacity of the plant includes 3000 chairs, 1000 tables, and 580 bookshelves. The assembling facility employs 150 workers in two 8-hour shifts a day, 5 days a week. The average assembly times per chair, table, and bookshelf are 20, 40, and 15 minutes, respectively. The size of the labor force in the assembly facility fluctuates because of the annual leaves taken by the employees. Pending requests for leaves include 20 workers for May, 25 for June, and 45 for July. Sales of the three products for the months of May, June, and July are forecast by the marketing department as given in Table E.6. The production cost and selling price for the three products are in Table E.7. If a unit is not sold in the month in which it is produced, it is held over for possible sale in a later month. The storage cost is about 2% of the unit production cost. Should Beaver approve the proposed annual leaves?

Answer with problem formulation with constraints.

Solve problem via LINGO coding and find solution.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92098494
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Operation Management

1 an oligopoly situation exists whena there is only one

1. An oligopoly situation exists when a. there is only one buyer b. there is only one supplier and there are significant barriers to new competitors. c. numerous competitors offer undifferentiated products. d. numerous c ...

Think about how you would manage in managing in turbulent

Think about how you would manage in "Managing in Turbulent times" (by Peter Drucker) Knowing that all time is disruptive or turbulent. 1. What would your strategy be to grow your business? 2. How would it coincide with y ...

The normal scrap loss for four successive operations is 5 3

The normal scrap loss for four successive operations is 5%, 3%, 15% and 10% respectively. How many units should be started through in order to finish with 1,200 pieces? Find: a) The total machine time needed if the opera ...

A car manufacturer is considering one of two systems for

A car manufacturer is considering one of two systems for its windshield assembly line.   The first is a robotic system that should save money due to a reduction in labor and materials costs. The robotic system will cost ...

Daniyal chawla ordered a shipment of coffee from brazil the

Daniyal Chawla ordered a shipment of coffee from Brazil. The coffee was due to arrive shortly in New York, and he expected to sell it for a profit. He then entered into an agreement with Bachman whereby they mutually pro ...

1 why is important for pay to be externally fair2 why is it

(1) Why is important for pay to be externally fair? (2) Why is it important for pay to be internally fair? (3) What should Costa Vida's compensation strategy look like? Hint: What are the company objectives and how can e ...

In this assignment students are asked to provide responses

In this assignment, students are asked to provide responses to the following five questions. Your entire assignment should not span more than one page. Please use complete and full sentences. 1- How has your understandin ...

Sarah saunders was interested in purchasing a new sport

Sarah Saunders was interested in purchasing a new sport utility vehicle. Using the web page of a large volume dealer in a nearby city, she provided the dealer with the make, model, color, and primary options for the vehi ...

Us english correct english formatting and sentence

US ENGLISH, CORRECT ENGLISH FORMATTING AND SENTENCE STRUCTURE AND NO PLAGIARISM, SAFE ASSIGN USED Baldwin General is a hospital in the Summerdale metropolitan area that has seen a decline in revenues and investors backin ...

Give the answer of all question in detailthe us president

Give the answer of all question in detail The US President Donald Trump and his advisors have repeatedly said that they intended to get rid of the US trade deficit. 1. What are the main industries responsible for this tr ...

  • 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