Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

To grow the linear programming model that minimizes the total cost.

describe National Motors Corporation manufactures two different electrical motors for a single customer, Phoenix Appliance Company. Phoenix produces small kitchen appliances. One of National's motors (SMC500) is found in several of Phoenix's food processors and another motor (SMC700) is used in the assembly of Phoenix's blenders. 

Three times each year the procurement manager at Phoenix contacts National's marketing department to place a monthly order for all of the coming four months. Phoenix's demand for motors varies every month based on its own sales forecasts, production capacity, and financial position. National has just conventional the January-April order and must begin its own four-month production plan. Phoenix's order for SMC500 motors is 800 for January 700 for February, 1,000 for March, and 1,100 for April. For the SMC700, Phoenix requires 1,000 in January, 1,200 in February, and 1,400 each in March and April.

National currently pays its workers $16.00 per hour, while a labour agreement that goes into effect on March 1 will raise this figure by ten percent. The labour time required is 78 minutes for the SMC500 as well as 54 minutes for the SMC700. The company workforce offers 2,240 labour hours per month and the union contract has a "no-layoff" clause. This has led National to accept a policy of always scheduling at least 2,240 hours of production each month. The contract lets national to add one or two skilled former employees (now retired) on an hourly basis at the going rate also use them up to 160 hours each per month to temporarily increase capacity. 

Each SMC500 that is in stocks at the end of a month is estimated to cost the company 20 cents in holding cost for that month as well as each SMC700 costs the company 15 cents.  This inventory, which is, in fact, the inventory on hand at the end of the previous month plus the current month's production less the amount shipped to Phoenix, is held in a storage area whose capacity is 3,300 motors of either type (the SMC500 and SMC 700 are similar in size). For the reason of the design modification in the motors the January production will be the first of the new motors to be made. To prepare for this National has scheduled production for the end of the previous year in such a manner that the storage area will be empty on January first. National has as well decided to build a small buffer stock of motors. To accomplish this 450 SMC500 motors as well as 300 SMC00 motors will be in inventory at the end of April.

1) Develop a model that can be used to minimize the total cost.

2) Provide a table showing the production schedule give the total cost and describe your solution.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921245

Have any Question? 


Related Questions in Statistics and Probability

1 how do quasi-experimental designs differ from true

1. How do quasi-experimental designs differ from true experiments? 2. Under what circumstances would a researcher use a quasi-experimental rather than an experimental design?

A manager of a small store wanted to discourage shoplifters

A manager of a small store wanted to discourage shoplifters by putting signs around the store that said, "Shoplifting is a crime!", while at the same time making sure the signs would not reduce the number of sales. To te ...

1 explain how you would use a manipulation check to

1. Explain how you would use a manipulation check to determine whether you successfully manipulated room temperature in a study of temperature and aggression. 2. Distinguish between an independent variable and a subject ...

In a recent survey of high school seniors a random sample

In a recent survey of high school seniors, a random sample of 1000 females showed that 650 were planning on pursuing a college degree, while a random sample of 1000 females showed that 600 were planning on pursuing a col ...

Explain how the picture below helps us understand

Explain how the picture below helps us understand Christianity. Who were the thinkers that used these philosophers to understand their faith?

Question 1 -happy harrys hamburgers recently commissioned a

Question 1 - Happy Harry's Hamburgers recently commissioned a top tier consulting company to develop a new location selection process. However, after receiving the first invoice from the consulting company, Happy Harry w ...

1 when would you calculate a multiple correlation

1. When would you calculate a multiple correlation coefficient? What do you learn if you square a multiple correlation? 2. How does a cross-lagged panel correlation design provide evidence to support a causal link betwee ...

One thousand people are enrolled in a 10 year cohort study

One thousand people are enrolled in a 10 year cohort study. At the start of the study, 100 have diagnosed CVD. Over the course of the study, 80 people who were free of CVD at baseline develop CVD. What is the cumulative ...

Project -you must show all steps for the hypothesis testing

Project - You must show all steps for the hypothesis testing; use either the critical value approach or the p-value approach. 1) a) Choose one of the following quantitative variables from the data set: Age, Weight, Cell ...

Module assignmentthe paired data below consists of test

Module Assignment The paired data below consists of test scores and hours of preparation for 5 randomly selected students. Use this data set to answer the questions below: x Hours of preparation   5    2    9   6   10 y ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro