Exercise A steel mill produces two types of steel alloy: boral and chromal. Production of each alloy requires three processes: Box anneal, Cold Roll, and Strand anneal. Production capacities are: Box anneal: 4,000 hours/month Cold Roll: 500 hours/month Strand anneal: 1,000 hours/month Production rates in tons per hour are: Box anneal Cold roll pass 1 Strand anneal Cold roll pass 2 Boral 4 72 11 36 Chromal 2 Not required 20 24 The maximum demand for boral is 10,500 tons/month and for chromal 6,000 tons/month. The contributions/ton are boral: $25, and chromal: $35. Question What combination of boral and chromal maximizes total monthly contribution?
Exercise A steel mill produces two types of steel alloy: boral and chromal. Production of each alloy requires three processes: Box anneal, Cold Roll, and Strand anneal. Production capacities are: Box anneal: 4,000 hours/month Cold Roll: 500 hours/month Strand anneal: 1,000 hours/month Production rates in tons per hour are: Box anneal Cold roll pass 1 Strand anneal Cold roll pass 2 Boral 4 72 11 36 Chromal 2 Not required 20 24 The maximum demand for boral is 10,500 tons/month and for chromal 6,000 tons/month. The contributions/ton are boral: $25, and chromal: $35. Question What combination of boral and chromal maximizes total monthly contribution?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Exercise
A steel mill produces two types of steel alloy: boral and chromal. Production of each alloy requires three processes: Box anneal, Cold Roll, and Strand anneal. Production capacities are:
Box anneal: |
4,000 hours/month |
Cold Roll: |
500 hours/month |
Strand anneal: |
1,000 hours/month |
Production rates in tons per hour are:
Box anneal |
Cold roll pass 1 |
Strand anneal |
Cold roll pass 2 |
|
Boral |
4 |
72 |
11 |
36 |
Chromal |
2 |
Not required |
20 |
24 |
The maximum demand for boral is 10,500 tons/month and for chromal 6,000 tons/month. The contributions/ton are boral: $25, and chromal: $35.
Question
What combination of boral and chromal maximizes total monthly contribution?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.