A company uses to chemicals (1 and 2) to manufacture two drugs. Drug 1 must be at least 60% chemical 1, and drug 2 must be at least 40% chemical 2. Up to 60 oz of drug 1 can be sold at $10 per oz; up to 25 oz of drug 2 can be sold at $8 per oz. Up to 50 oz of chemical 1 can be purchased at $6 per oz, and up to 40 oz of chemical 2 can be purchased at $4 per oz. A. Formulate the model in a standard form. B. Solve the LP model of part A to maximize the company's profits.
Q: A careful analysis of the cost of operating an automobile was conducted by accounting manager Dia…
A: Solution Model y = 4000+0.20x Annual cost = y Miles drive = x Given that, x = 15000
Q: Why is resource-based view important?
A: Every organization has some fundamental resources through which it performs all its work, or it can…
Q: Development of Version 2.0 of a particular accounting software product is being considered by Jose…
A: Note: - As we can answer up to three subparts, we will answer the first three subparts here. If an…
Q: a. Develop, for each department and day, the capacity requirements for each product and the total…
A: Scheduling is the process of arranging production activities in order to complete the manufacturing…
Q: f) Which is the best decision rule based on average completion (flow) time? The best decision rule…
A: Scheduling is the process of arranging production activities in order to complete the manufacturing…
Q: This exercise contains only parts b, c, and d. b) The activities on the critical path are A-B-F c)…
A: Forward pass: Earliest Start (ES) = Maximum of all predecessor activities (ES = 0 for Start…
Q: a. Which process, Alpha or Beta, is more productive? Process has% higher labor productivity. Process…
A: Process Alpha: Labor productivity = Total value of Output A and B/Total labor cost of A and B = [(80…
Q: The Ace Manufacturing Company has orders for three similar products. Orders (units) Product Min A…
A: Given data is
Q: A local restaurateur, Cho Senn, is considering three options for his new Asian fusi restaurant.…
A: Given data, For Option A, the annual fixed cost=42500 the variable cost per customer=3.45 For…
Q: Your Lego furniture company makes Tables and Chairs. Below, you are given the starting inventory,…
A: The question stated to use scenario 2.
Q: All the assumptions of linear programming hold. a. Formulate and solve a linear programming model…
A: Many issues that call for resource optimization can benefit from linear programming. It might be…
Q: State University administrators believe their freshman applica-tions are influenced by two…
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In business…
Q: A manager checked production records and found that a worker produced 180 units while working 40…
A: Productivity = Ouptut / Input Change in productivity = (New productivity - Previous…
Q: Describe a job (e.g. lawyer, engineer, etc.) you would like to do in the future. Choose FIVE ideas…
A: Skills can be stated as the approach that helps in enhancing the development of a professional…
Q: Q4) Ten samples of size four were taken from a process, and their weights measured. The sample…
A: Given Sample Data:
Q: 20. A small bank is trying to determine the number of tellersto employ. The total cost of employing…
A: Service rate is a rate at which the customers are being served in an organisation by a worker.
Q: Roger Ginde is developing a program in supply chain management certification for managers. Ginde has…
A: A resource-utilization approach called the Critical path method (CPM) is used to schedule a group of…
Q: 3.8 Given the following data, calculate how many units are available to promise. There are zero…
A: Week 1 2 3 4 5 6 Customer order 21 0 17 8 0 3 Inventory on hand 0 MPS 30 0…
Q: What is factor of safety? Why is it called factor of ignorance? Explain briefly
A: The design impacts operations and evaluates the number of elements fabricating the item and states…
Q: 9 MPS parent X has planned order releases of 30 in weeks 2 and 4. Given the following roduct tree,…
A: Ans) For each X , 1 Y needed: and For each Y, 2 Z needed: Formula:
Q: What should you look for when doing a business process reengineering study to identify inefficient…
A: The method to redefine or redesign the fundamental processes or components of the company to gain…
Q: operation definition
A: Here is your solution:
Q: Dorian Auto manufactures luxury cars and trucks. The company believes that its most likely customers…
A: By locating the greatest or minimum point of intersection seen between the goal function line and,…
Q: Consider the following network diagram. Activities L, M, and P are immediate predecessors for…
A: EF time = ES time of the activity+ duration of activity
Q: and uncertainty, with u. 10. Using the weighted factor-rating method, which country should Kanga…
A: Given that Criterion Weight(a) Maxico(b) Panama(c) Costa Rica(d) Peru(e) Trust 0.40 1 2 2 1…
Q: Schedule the following activities using the critical path method: Activity Intermediate Predecessor…
A:
Q: Travel Co. specializes in trans-American moves for businesses and individuals through the shipment…
A: Break even point Fixed cost = $5000 Variable cost = $0.40/pound Revenue = $0.68/pound
Q: Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200…
A: Given data is Output = 1200 tires Energy cost = $5250 per day Capital cost = $10250 per day Labor =…
Q: The actual number of patients at Providence Emergency Medical Clinic for the first six weeks of this…
A: Solution Week Number of patient Weights Forecast 85 85 88 88 96 96 0.125 12 80 80…
Q: Draw the activity network for this new contract (either AON or AOA). 2. Determine the…
A: Note: We are allowed to do three sub-parts only at a time. The critical path method is used to find…
Q: Question 01: advantage and disadvantage of hardworking and cool working principle. in manufacturing…
A: Hard-working principle Always professional High productivity Teamwork and corporation Determined to…
Q: Use the data below to solve for the following: Naïve method Unweighted 3 month moving average…
A: Note: - Since we can answer up to three subparts only, we will answer the first three subparts(first…
Q: Consider the following linear program. 1A-28 15 (a) Graph the feasible region for the problem. B 10…
A: Given LP: Max Z = A - 2BSubject to-Constraint (1):-4A + 3B≤3Constraint (2): A - B≤5Non-negativity…
Q: You work for the Brad's Nailer Company which manufactures two types of nailers: a pneumatic model…
A: Let 'P' be pneumatic nailers to be produced, and let 'C' be the cordless nailers to be produced. Min…
Q: a. Formulate a linear programming model to determine the number of basketballs and footballs to…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Explain the limitations of the Gantt Cart as a a planning tool.
A: One of the most well-liked and helpful projects management tools is the Gantt chart, which depicts…
Q: Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and…
A: As a metric of economic performance, multi factor productivity looks at how output compares to the…
Q: Charles Lackey operates a bakery in Idaho Falls, Idaho. Because of its excellent product and…
A: Productivity is the ratio of output and input of any process. Certain changes in the process of…
Q: Use the data below to solve for the following: 2. Naïve method 3. Unweighted 3 month moving average…
A: Formulae used: (i) Naive Method- Last period actual data = Current period forecast data (ii)…
Q: Susan manages the packaging supplies for the New Zealand distributorship of AllBirds product lines.…
A: Given that Annual demand D = 3900 Ordering cost S = 18 Holding cost H = 25% of 2.25 Lead time L = 7…
Q: Nancy says to Kip, "When you authorized the discounts, I never heard all the details. Do you mind…
A: Note- Hi! Thank you for the question As per the honour code, We’ll answer the first question since…
Q: Gold Mine Exploration: 1 - 10 years Gold mine exploration is challenging and complex. It requires…
A: Logistics management is a term used in operations management when the goods are shifted or moved…
Q: The annual quality costs of a manufacturer are listed below. • Scrap: $40,000 • Downgrading…
A: 1. Prevention Costs – costs from preventive actions to minimize the defects Machine…
Q: Why, if you were the project manager, would you utilize collaborative software?
A: Collaborative software can be stated as the software that is generally designed to increment the…
Q: Is transformational leadership beneficial in all kinds of organizations and industries? If so, why?…
A: Transformational leadership is also known as managerial leadership. This type of leadership is based…
Q: RMC, Inc., is a small firm that produces a variety of chemical products. In a particular production…
A: Let x be the fuel additive Produced Let y be the solvent base produced Objective function : Max Z…
Q: Problem 225-18 (Algo) A steel product is manufactured by starting with raw material (carbon steel…
A: Note: - Since we can only answer three subparts, we will answer the first three subparts here. If…
Q: Briefly describe the term operations management. (Own words please)
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: QUESTION 4 a) Assess and discuss the benefits of in-house vs. contracting out maintenance works in…
A: Note: - Since the exact to be answered is not specified, we will answer the first question(a) here.…
Q: The MAD for Method 1 = enter your response here thousand gallons (round your response to three…
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In business…
A company uses to chemicals (1 and 2) to manufacture two drugs. Drug 1 must be at least 60% chemical 1, and drug 2 must be at least 40% chemical 2. Up to 60 oz of drug 1 can be sold at $10 per oz; up to 25 oz of drug 2 can be sold at $8 per oz. Up to 50 oz of chemical 1 can be purchased at $6 per oz, and up to 40 oz of chemical 2 can be purchased at $4 per oz.
A. Formulate the model in a standard form.
B. Solve the LP model of part A to maximize the company's profits.
Step by step
Solved in 2 steps with 5 images
- In this version of dice blackjack, you toss a single die repeatedly and add up the sum of your dice tosses. Your goal is to come as close as possible to a total of 7 without going over. You may stop at any time. If your total is 8 or more, you lose. If your total is 7 or less, the house then tosses the die repeatedly. The house stops as soon as its total is 4 or more. If the house totals 8 or more, you win. Otherwise, the higher total wins. If there is a tie, the house wins. Consider the following strategies: Keep tossing until your total is 3 or more. Keep tossing until your total is 4 or more. Keep tossing until your total is 5 or more. Keep tossing until your total is 6 or more. Keep tossing until your total is 7 or more. For example, suppose you keep tossing until your total is 4 or more. Here are some examples of how the game might go: You toss a 2 and then a 3 and stop for total of 5. The house tosses a 3 and then a 2. You lose because a tie goes to the house. You toss a 3 and then a 6. You lose. You toss a 6 and stop. The house tosses a 3 and then a 2. You win. You toss a 3 and then a 4 for total of 7. The house tosses a 3 and then a 5. You win. Note that only 4 tosses need to be generated for the house, but more tosses might need to be generated for you, depending on your strategy. Develop a simulation and run it for at least 1000 iterations for each of the strategies listed previously. For each strategy, what are the two values so that you are 95% sure that your probability of winning is between these two values? Which of the five strategies appears to be best?North Platt Machinery Company manufactures a shaft that must fit inside a sleeve. The firm has just received an order of 58,000 units from Southernstar Exploration Company for $68 per unit. North Platt can manufacture the shaft at $38 per unit. Southernstar desires the diameter of the shaft to be 1.283 cm. The diameter of the shaft must not be less than 1.258 cm in order to fit properly inside the sleeve. To be able to insert the shaft into a sleeve without the use of force, the diameter cannot be larger than 1.308 cm. A defective shaft is discarded and a replacement has to be shipped via express freight to locations around the world. North Platt estimates that the average cost of handling and shipping a replacement shaft will be approximately $58. Shown below are the diameters from a sample of 80 shafts manufactured during a trial run: Diameter 1.240 1.248 1.258 1.266 1.270 1.278 1.280 Number of Units 1 2 3 2 2 3 6 Diameter 1.281 1.282 1.283 1.284 1.285 1.288 1.296 Number of Units 6 7…North Platt Machinery Company manufactures a shaft that must fit inside a sleeve. The firm has just received an order of 53,000 units from Southernstar Exploration Company for $48 per unit. North Platt can manufacture the shaft at $18 per unit. Southernstar desires the diameter of the shaft to be 1.278 cm. The diameter of the shaft must not be less than 1.253 cm in order to fit properly inside the sleeve. To be able to insert the shaft into a sleeve without the use of force, the diameter cannot be larger than 1.303 cm. A defective shaft is discarded and a replacement has to be shipped via express freight to locations around the world. North Platt estimates that the average cost of handling and shipping a replacement shaft will be approximately $38. Shown below are the diameters from a sample of 100 shafts manufactured during a trial run: Diameter 1.235 1.243 1.253 1.261 1.265 1.273 1.275 Number of Units 2 3 4 3 3 4 7 Diameter 1.276 1.277 1.278 1.279 1.280 1.283 1.291 Number of Units 7…
- There are two companies manufacturing drones. Company A manufactures mass market drones, while company B manufactures customised drones according to customers’ requirements. In 2020, company A produces 3,200 drones, 3% of which were found to be defective and cannot pass the quality check. Company A employs 5 workers working an average of 8 hours a day in the drone production, and they worked 200 working days in 2020.In contrast, company B produces 900 drones, 10% of which were found to be defective and cannot pass the quality check. Company B employs 3 workers working an average of 6 hours a day in the drone production, and they worked 170 days in 2020. (a) If the drone manufacturing is seen as a process, what is considered as the output of the production processes of companies A and B and why? (b) Measure the single-factor manpower productivity for the two companies. (c) Is it reasonable to compare the manpower productivity of the two companies and reach a conclusion that one company…North Platt Machinery Company manufactures a shaft that must fit inside a sleeve. The firm has just received an order of 43,000 units from Southernstar Exploration Company for $48 per unit. North Platt can manufacture the shaft at $18 per unit. Southernstar desires the diameter of the shaft to be 1.289 cm. The diameter of the shaft must not be less than 1.264 cm in order to fit properly inside the sleeve. To be able to insert the shaft into a sleeve without the use of force, the diameter cannot be larger than 1.314 cm. A defective shaft is discarded and a replacement has to be shipped via express freight to locations around the world. North Platt estimates that the average cost of handling and shipping a replacement shaft will be approximately $38. Shown below are the diameters from a sample of 80 shafts manufactured during a trial run: Diameter 1.246 1.254 1.264 1.272 1.276 1.284 1.286 Number of Units 1232236 Diameter 1.287 1.288 1.289 1.290 1.291 1.294 1.302 1. Expected loss 2.…Three methods can be used for producing heat sensors for high-temperature furnaces. Method A will have a fixed cost of $140,000 per year and a production cost of $62 per part. Method B will have a fixed cost of $210,000 per year and a production cost of $28 per part. Method C will require the purchase of equipment costing $500,000. It will have a life of five years and a 25% of first cost salvage value. The production cost will be $53 per part. At an interest rate of 10% per year, determine the breakeven annual production rate between the two lowest cost methods.
- A large building may require an automated alarm system which monitors and controls all fire and security alarms in the building. Normally, the building is divided into zones and a number of alarms are associated with each zone. Alarms alert a central manned control area who may pass these on to the emergency services or may respond personally.Factors which have to be taken into account in building such a system are:Ø If the control area is unmanned and an alarm is activated this alarm should not be ignored if it is potentially serious. Emergency services should be automatically called.Ø Some but not all parts of the building may be equipped with sprinkler systems or systems to shut down electrical equipment. These should be activated if a fire alarm is confirmed. They should not be activated if there are people in the same room.Ø The building may be equipped with direction indicators which illuminate the route to the nearest exit. These should be activated when a fire alarm is…A retail store sold in the month of April 5,000 products that produced $45,000 in sales. In the month of May the company sold 6,000 products. The store workforce consists of four full-time workers who work 40-hour week. In April the store also had seven part-time workers at 10 hours per week, and in May the store had nine part-timers at 15 hours per week (assume four weeks in each month). Using sales dollars as the measure of output (assume the price of the product was the same for both months), what is the percentage change in labor productivity from April to May? Answer: 2.If 50 persons can consume a certain amount of food in two months, in how many months can 30 persons consume the same amount of food?
- ) Creative Sports Design (CSD) manufactures a standard-size racket and an oversize racket.The firm’s rackets are extremely light due to the use of a magnesium-graphite alloy that wasinvented by the firm’s founder. Each standard-size racket uses 0.125 kilograms of the alloy andeach oversize racket uses 0.4 kilograms; over the next two-week production period only 80kilograms of the alloy are available. Each standard-size racket uses 10 minutes of manufacturingtime and each oversize racket uses 12 minutes. The profit contributions are $10 for eachstandard-size racket and $15 for each oversize racket, and 40 hours of manufacturing time areavailable each week. Management specified that at least 20% of the total production must be thestandard-size racket. How many rackets of each type should CSD manufacture over the next twoweeks to maximize the total profit contribution? Assume that because of the unique nature oftheir products, CSD can sell as many rackets as they can produce.Giapetto is thinking of buying a new cutting tool for $25 to make toy soldiers and a new clamping tool for $20 to make toy trains. If he does not buy a new tool, he can still make a toy using the older tool he already has. However, using an old cutting tool leads to 50% of the produced soldiers and using an old clamping tool leads to 40% of the produced trains to be defective. With a new tool, there is no defective production. Giapetto cannot sell any defective product. Weekly demands (must be met exactly without left-over inventory) and productions costs are as follows: 1. Soldiers 2. Trains Demand (units/week) Production cost (S/unit) 100 300 12 14 There are other details about the problem which will be added later. Giapetto started formulating a mathematical model considering only the above description and defined the following decision variables: yi: Production quantity for type i toy, i = 1, 2 corresponding to soldiers and trains, respectively. Considering the above problem…