Homework Answers
Correct answer is increase the capacity of machine 2 because it has the highest shadow price.
Explanation:
Shadow price denotes profitability of a resource as machine 2 has higher shadow price, machine 2 is more profitable.
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A company that manufactures the products, and closing three machines M1, M2, and wants to determine...
A company that manufactures three products, A. & and using three machines, M1, M2, and M3,...
A company that manufactures three products, A. & and using three machines, M1, M2, and M3, wants to determine the optimal production schedule the maximizes the total profit. Product A has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product requires M1 and M2. The unit profits on the three products are $5,54 and 56, respectively. The following linear program is formulated to determine the optimal product mic Maximize S. Z-5x -...
Kalyan Singhal Corp. makes three products, and has three machines available as resources as given in...
Kalyan Singhal Corp. makes three products, and has three machines available as resources as given in the following LP Maximize contribution contribution 6x, 8x24x X1 7X24X3 72 2x 1x2x 76 X,4X21X3 s 72 X2.X3 20 (C,: hours on machine 1) (C2: hours on machine 2) C3: hours on machine 3) a) Using a computer software for solving LP, the optimal solution achieved is: x, L] (round your response to two decrnal places). 2round your response to two decimal places) X3(round...
A company manufactures four products (1,2,3,4) on two machines (X and Y). The time (in minutes)...
A company manufactures four products (1,2,3,4) on two machines (X and Y). The time (in minutes) to process one unit of each product on each machine is shown below:, Product 1 in X = 10 min , in Y= 27 min Product 2 in X = 12 min , in Y =19 min Product 3 in X =13 min,in Y =33 min Product 4 in X = 8 min,in Y =23 min The profit per unit for each product (1,2,3,4)...
A company produces two products on two machines. •A unit of Product 1 requires 2 hrs...
A company produces two products on two machines. •A unit of Product 1 requires 2 hrs on machine 1 and 1 hr on machine 2. •For Product 2, a unit requires 1 hr on machine 1 and 3 hrs on machine 2. •The profitper unit of Products 1 and 2 are $30 and $20, respectively. •The total weeklyprocessing time available for each machine is 80hrs. Question 1: Let x be the number of units produced for Product 1 and y...
4. A company manufactures two products, X and Y by using three machines A, B, and...
4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
The Ace Manufacturing Company has orders for three similar products: Product Order (Units) A 1750 B 500 C 1100 Three machines are available for the manufacturing operations. All three mach...
The Ace Manufacturing Company has orders for three similar products: Product Order (Units) A 1750 B 500 C 1100 Three machines are available for the manufacturing operations. All three machines can produce all the products at the same production rate. However, due to varying defect percentages of each product on each machine, the unit costs of the products vary depending on the machine used. Machine capacities for the next week and the unit costs are as follows: Machine Capacity (Units)...
Problem 6-09 (Algorithmic) The Ace Manufacturing Company has orders for three similar products Product Order (Units) 1950 600 1100 Three machines are available for the manufacturing operations. All t...
Problem 6-09 (Algorithmic) The Ace Manufacturing Company has orders for three similar products Product Order (Units) 1950 600 1100 Three machines are available for the manufacturing operations. All three machines can produce all the products at the same production rate. However, due to varying defect percentages of each product on each machine, the unit costs of the products vary depending on the machine used. Machine capacities for the next week and the unit costs are as follows Capacity Machine (Units)...
Question 23 Boylan Company manufactures two products-toaster ovens and bread machines. The following data are available:...
Question 23 Boylan Company manufactures two products-toaster ovens and bread machines. The following data are available: Not yet answered Marked out of 2.00 P Flag question Bread Toaster Ovens Machines Sales price $70 $170 Variable costs $30 $70 Boylan can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Boylan's production capacity is 1600 machine hours per month. Marketing limitations indicate that Boylan can sell a maximum of 6100 toasters and 4000 bread machines per...
3 Gepbab Production Company uses labor and raw material to produce three products. The resource requirements...
3 Gepbab Production Company uses labor and raw material to produce three products. The resource requirements and sales price for the three products are as shown in Table 10. Currently, 60 units of raw material are available. Up to 90 hours of labor can be purchased at Sl per hour. To maximize Gepbab profits, solve the following LP: max z = 6X1 + 8X2 + 13X3 - L s.t. 3X1 + 4X2 + 6X3 - LS 0 2X1 + 2X2...
Product costs using activity rates Setup Hercules Inc. manufactures elliptical exercise machines and treadmills. The products...
Product costs using activity rates Setup Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Activity Rate Fabrication $25 per machine hour Assembly $31 per direct labor hour $94 per setup Inspecting $18 per inspection Production scheduling $17 per production order Purchasing $8 per...
A company that manufactures three products, A. & and using three machines, M1, M2, and M3, wants to determine the optimal production schedule the maximizes the total profit. Product A has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product requires M1 and M2. The unit profits on the three products are $5,54 and 56, respectively. The following linear program is formulated to determine the optimal product mic Maximize S. Z-5x -...
Kalyan Singhal Corp. makes three products, and has three machines available as resources as given in the following LP Maximize contribution contribution 6x, 8x24x X1 7X24X3 72 2x 1x2x 76 X,4X21X3 s 72 X2.X3 20 (C,: hours on machine 1) (C2: hours on machine 2) C3: hours on machine 3) a) Using a computer software for solving LP, the optimal solution achieved is: x, L] (round your response to two decrnal places). 2round your response to two decimal places) X3(round...
4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
Problem 6-09 (Algorithmic) The Ace Manufacturing Company has orders for three similar products Product Order (Units) 1950 600 1100 Three machines are available for the manufacturing operations. All three machines can produce all the products at the same production rate. However, due to varying defect percentages of each product on each machine, the unit costs of the products vary depending on the machine used. Machine capacities for the next week and the unit costs are as follows Capacity Machine (Units)...
Question 23 Boylan Company manufactures two products-toaster ovens and bread machines. The following data are available: Not yet answered Marked out of 2.00 P Flag question Bread Toaster Ovens Machines Sales price $70 $170 Variable costs $30 $70 Boylan can manufacture six toaster ovens per machine hour and four bread machines per machine hour. Boylan's production capacity is 1600 machine hours per month. Marketing limitations indicate that Boylan can sell a maximum of 6100 toasters and 4000 bread machines per...
3 Gepbab Production Company uses labor and raw material to produce three products. The resource requirements and sales price for the three products are as shown in Table 10. Currently, 60 units of raw material are available. Up to 90 hours of labor can be purchased at Sl per hour. To maximize Gepbab profits, solve the following LP: max z = 6X1 + 8X2 + 13X3 - L s.t. 3X1 + 4X2 + 6X3 - LS 0 2X1 + 2X2...
Product costs using activity rates Setup Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Activity Rate Fabrication $25 per machine hour Assembly $31 per direct labor hour $94 per setup Inspecting $18 per inspection Production scheduling $17 per production order Purchasing $8 per...
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