The Springer Dog food Company makes dry dog food from two ingredients. The two ingredients (A and B) provide different amounts of protein and vitamins. Ingredient A provides 16 units of protein and 4 units of vitamins per pound. Ingredient B provides 8 units of protein and 8 units of vitamins per pound. Ingredients A and B costs GH¢0.50 and GH¢0.20 per pound, respectively. The company wants its dog food to contain at least 12 units of protein and 6 units of vitamins per pound and be as inexpensive as possible. Define the decision variables for production problem. Formulate a linear programming model for this problem. Solve this model by using graphical analysis.
Q: Kenyi is a recent college grad. His friends always ask for his advice first when buying new…
A: Entrepreneur specifies someone or the individual who creates or works on new or innovative products…
Q: Discuss the impact of system model approaches on project management and the role of project managers…
A: Project management system model methods have a significant influence on how projects are planned,…
Q: In a meeting with members of Informational Systems operations area, you ask middle managers about…
A: Motivational theories are frameworks that assist in explaining what motivates human behaviour and…
Q: Explain the concept of Quality Assurance (QA) in the context of outsourced website projects and its…
A: Project management is the preparation and organisation of a company's resources to expedite the…
Q: What is the impetus behind a growing trend in the field of benefits is tying wellness and/or…
A: A wellness plan is the aspect of planning that includes the activities or action strategies that…
Q: our manager has asked you to investigate the productivity of the distribution centre over an 8 hour…
A: Productivity is the measure of the effect of inputs on the output.
Q: a. Which employee is assigned to job 17 [Click to select) b. Which employee is assigned to job 27…
A: ABCJOB 1484544JOB 2433545JOB 3515150
Q: How does product management play a crucial role in the development and evolution of software…
A: Product management plays an important role in the development and evaluation of software products.…
Q: Define any follow-up tasks required for CBM and/or FFT tactics.
A: CBM & FFT are crucial components of modern reliability and maintenance plans in a range of…
Q: The Pullman Mfg., Inc. three-station work cell illustrated in the figure below has two machines at…
A: Station 1: There are 2 stations in parallel with the same capacity.The capacity of each station 1 =…
Q: Use Excel to calculate (show all equations within excel) Hinter Ski is one of few ski resorts that…
A: A statistical method known as linear regression is used to predict and model the connection between…
Q: Peter Billington Stereo, Inc., supplies car radios to auto manufacturers and is going to open a new…
A: A complete study of potential locations for business activities is required for location breakdown…
Q: A major automobile manufacturer located in Georgetown, Kentucky, has two certified vendors that…
A: The expenses related to the planning, sourcing, manufacture, shipping, storage, and distribution of…
Q: a. Draw the precedence diagram. b. What is the workstation cycle time? c. Balance this line using…
A: Project schedule helps in calculating different values related to the production cycle like the…
Q: A production of 300 units of Big Island cookies, a local cookie produced in Big Island, must be…
A: Goal programming is the aspect of solving the operation problem that is used for the problem that…
Q: Changing Workplace Consider today’s workplace expectations of employees to have expertise and…
A: In today's quickly changing business environment, individuals must meet new standards that call for…
Q: If there are five factories in the district, with locations and size given in the following table,…
A: Location is an important factor to be considered for setting up of business. Not only for employers…
Q: Project management has which of the following dimensions? Economics dimension Quality dimension…
A: Project management is multifaceted discipline which involves planning, monitoring, and control of…
Q: Describe the benefits of implementing data warehousing for businesses.
A: A data warehouse is designed by the organization to store a large amount of historical as well as…
Q: How did you calculate the reduced cost, allowable increase, and allowable decrease in the table for…
A: As per the given question, determine the range of optimality for the profit coefficient of each…
Q: Discuss the concept of software product management and its significance in the success of software…
A: Software products are computer programs, systems, or computer applications that have been developed…
Q: Explain the concept of proactive system management and provide examples of strategies that…
A: Proactive system management is strategic approach that focuses on identifying and addressing all the…
Q: Select at least 12 items or components from the system breakdown structure and define a suitable…
A: In order to guarantee the durability and dependability of sophisticated machinery and systems,…
Q: Discuss the role of big data and unstructured data in modern data warehousing, and how organizations…
A: The combination of big data and unstructured data has profoundly changed the function of…
Q: How to operationalize variables in a customer satisfaction survey, using a numerical scale…
A: A customer satisfaction survey is an aspect of research or a method of obtaining feedback from…
Q: The Westchester Chamber of Commerce periodically sponsors public service seminars and programs.…
A: Find the given details below:
Q: Item Lead Time (weeks) Saw A B с D E F 2 1 2 2 1 1 2 On Hand 15 10 5 E(3) & E(2) LT = 1 week Lot…
A: Businesses utilize a Material Requirements Plan (MRP) as a production planning and inventory control…
Q: please use Nestle as the caribbean company and Canada as the international market You are hired as…
A: The international market designates the global platform for conducting business or trade, which…
Q: What would Nucor’s strategy look like in a nonmanufacturing environment (e.g. a bank) ?
A: Strategic management is the aspect of management that deals with setting or establishing goals,…
Q: What are the benefits of regression in business
A: Regression analysis is an analytical tool that is used by the organization to measure relationships…
Q: Table 7.8 Normal Crashing Time Activity Predecessor (days) (days) 5 1 A AB C D E F G H 11 O day 7 O…
A: The Critical Path Method (CPM) term "2-pass method" refers to a project scheduling technique used to…
Q: 2. Determine the centerline and control limits for the following using the Individual X and Moving…
A: Here, for each problem, I will determine the center line and control limits, Let me show the given…
Q: Using the Hungarian Method solve the below Maximization problem and choose the correct Opportunity…
A: An assignment problem is a technique to find the combinations of the optimal solution to the…
Q: Target sells a popular model of pre-lit artificial Christmas trees during the holiday season. The…
A: The efficient supervision and control of the procurement, holding, and usage of raw materials,…
Q: Using the attached diagram, Identify the critical path and project total duration. Identify the…
A: Paths ACFIM0= 1+6+2+6+8+2= 25AGJMO= 1+11+5+8+2= 27AGKNO=…
Q: A manager uses this equation to predict demand for landscaping services: Ft= 10 + 5t Over the past…
A: To track the effectiveness of a forecasting or inventory control system, the phrase "tracking…
Q: You have the following data: Actual Forecast 1 50 50 2 46 3 52 4 51 5 48 6 45 7 52…
A: Exponential smoothing is based on the time series forecasting method. It is particularly useful for…
Q: You’re applying to work in the human resources department of a large retail organization. During…
A: The selection process specifies the process or procedure used by the company to select or choose the…
Q: Which of the following is not a similarity between seasonal and cycle factors? They both model…
A: Seasonal factors are components of a time series data set that capture regular patterns in the data…
Q: Determine the minimum distance required to connect all nodes in Figure 4.
A: The minimum distance required to connect all the nodes is 4+5+3+4+4+6 = 26.So Option C is correct…
Q: Do not understand this paragraph, please explain what it is saying. Depending on the construction…
A: Learning through observation helps an organization in gaining relevant knowledge and skills by…
Q: This is a follow up question please do f and g
A: The critical path consists of various activities. All the activities have early and late times…
Q: Boekenhoutskloof Boekenhoutskloof was established in 1776. Located in the furthest corner of the…
A: Inventory management is a part of operational management that deals with all the aspects related to…
Q: a) Sawing is the bottleneck. b) The bottleneck time is minutes per unit (round your response to two…
A: The bottleneck is the point that takes the maximum time per unit. It is a point of congestion in the…
Q: CAN YOU PLEASE EXPLAIN WITH CALCULATIONS. THANK YOU VERY MUCH Sky is the owner of a small business…
A: A business memo is an aspect of business communication that is a reminder or memorandum. A business…
Q: A production process at Kenneth Day Manufacturing is shown in the figure below. The drilling…
A: The bottleneck is the point that takes the maximum time per unit. It is a cause of congestion in the…
Q: What ar
A: A comprehensive system management strategy involves various components and activities to efficiently…
Q: own. C. Sample size is small and the standard deviation is unknown. D. Sample size is big and…
A: In statistics and econometrics, t-tests are often used to demonstrate that the values of two…
Q: Use a three-period and a four-period weighted moving average to forecast sales for the 12th month.…
A: Monthactual sales1300002390003420004500005550006610007700008770009815001090000For the three-period…
Q: Your line manager has become increasingly concerned about the product and service quality. This…
A: The control chart is the aspect of the operation or statistics that graphically represent or show…
The Springer Dog food Company makes dry dog food from two ingredients. The two ingredients (A and B) provide different amounts of protein and vitamins. Ingredient A provides 16 units of protein and 4 units of vitamins per pound. Ingredient B provides 8 units of protein and 8 units of vitamins per pound. Ingredients A and B costs GH¢0.50 and GH¢0.20 per pound, respectively. The company wants its dog food to contain at least 12 units of protein and 6 units of vitamins per pound and be as inexpensive as possible.
Define the decision variables for production problem.
Formulate a linear programming model for this problem.
Solve this model by using graphical analysis.
Step by step
Solved in 5 steps with 6 images
- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.Clippers Inc. (CI) manufactures two types of garden clippers. A light-duty model, called the “half-inch,”is intended for clipping branches and stems up to one-half inch thick. The “one-inch” model is designedfor heavier stems and branches. To boost sales, CI decided at the beginning of the current year to reducethe price of the half-inch model to better position its price relative to some key competitors. On the otherhand, CI felt that the one-inch model was technically superior to competitors’ models and decided that asmall price increase was appropriate. The data for the current and prior year are as follows:Current Year Prior YearSales units 7,200 6,500Sales mix for each productHalf-inch model 50% 30%One-inch model 50% 70%PriceHalf-inch model $12.00 $14.00One-inch model $36.00 $32.00Variable cost per unitHalf-inch model $6.00 $6.00One-inch model $8.00 $8.00Fixed cost $35,000 $35,000Required1. Prepare a comparative contribution income statement for CI for the current year that shows…
- As part of a campaign to promote its annual clearance sale, Excelsior Company decided to buy television advertising time on Station KAOS. Excelsior's television advertising budget is $111,000. Morning time costs $3000/min, afternoon time costs $1000/min, and evening (prime) time costs $12,000/min. Because of previous commitments, KAOS cannot offer Excelsior more than 6 min of prime time or more than a total of 25 min of advertising time over the 2 weeks in which the commercials are to be run. KAOS estimates that morning commercials are seen by 200,000 people, afternoon commercials are seen by 100,000 people, and evening commercials are seen by 600,000 people. How much morning, afternoon, and evening advertising time should Excelsior buy to maximize exposure of its commercials? morning min afternoon min evening minA home improvement store sells hydrangea plants during the spring planting season. The hydrangeas cost the store $15 per unit, and sell to customers for $45, but any leftovers at the end of the season are salvaged to a local landscaper for $7/unit. A competitor has advertised that it guarantees 99% of customers find the product they’re looking for in stock. The competitor’s posted price for hydrangeas is $50, and they salvage to the same local landscaper for $7/ hydrangea plant. If the competitor’s advertised service level is correct for hydrangeas and they follow an optimal stocking policy, what does it imply their cost per hydrangea is?Bruin Properties is in escrow to buy a 175,000 square foot shopping center in Camarillo, California for $35,000,000. Bruin Properties can borrow $24,000,000 fixed rate fully amortizing over 30 years at a 6.0% annual interest rate with equal monthly payments of principal and interest or it can borrow $28,000,000 fixed rate fully amortizing over 30 years at a 7.0% annual interest rate with equal monthly payments of principal and interest. What is the incremental annual borrowing cost for the additional $4,000,000 loan amount if each loan would be outstanding for the full 30 year term? a.13.0% b.12.4% c.11.5% d. 7.0%
- A manufacturer has a production facility that requires 10,237 units of component JY21 per year. Following a long-term contract, the manufacturer purchases component JY21 from a supplier with a lead time of 6 days. The unit purchase cost is $31.4 per unit. The cost to place and process an order from the supplier is $168 per order. The unit inventory carrying cost per year is 12.2 percent of the unit purchase cost. The manufacturer operates 250 days a year. Assume EOQ model is appropriate. If the manufacturer uses a constant order quantity of 1,053 units per order, what is the annual holding cost? Use at least 4 decimal places.Tom is a habitual shopper at garage sales. Last Saturday he stopped at one where there were several types of used building materials for sale. At the low prices being asked, Tom knew that he could resell the items in another town for a substantial gain. Four things stood in his way: he could only make one round trip to resell the goods; his pickup truck bed would hold only 1200 pounds; the pickup truck bed could hold at most 80 cubic feet of merchandise; and he had only $190 cash with him. He wants to load his truck with the mix of materials that will yield the greatest profit when he resells them. Formulate (define objective function and constraints) and solve this problem (using excel solver) as a linear program.The Fish House (TFH) in Norfolk, Virginia, sells fresh fish and seafood. TFH receives daily shipments of farm-raised trout from a nearby supplier. Each trout costs $2.45 and is sold for $3.95. To maintain its reputation for freshness, at the end of the day TFH sells any leftover trout to a local pet food manufacturer for $1.25 each. The owner of TFH wants to determine how many trout to order each day. Historically, the daily demand for trout is: Demand 10 11 12 13 14 15 16 17 18 19 20 Probability 0.02 0.06 0.09 0.11 0.13 0.15 0.18 0.11 0.07 0.05 0.03 a. Construct a payoff matrix for this problem. b. How much should the owner of TFH be willing to pay to obtain a demand forecast that is 100% accurate? give a clear explanation for (b)
- A Las Vegas, Nevada, manufacturer has the option to make or buy one of its component parts. The annual requirement is 20,000 units. A supplier is able to supply the parts for $10 per piece. The firm estimates that it costs $600 to prepare the contract with the supplier. To make the parts in-house, the firm must invest $50,000 in capital equipment, and the firm estimates that it costs $8 per piece to make the parts in-house. Assuming that cost is the only criterion, use breakeven analysis to determine whether the firm should make or buy the item. 1. What is the breakeven quantity? 2. Should the manufacturer Make or Buy? 3. What is the cost savings using your decision in number 2 (above)? Show the total cost for each scenario then the savings amount.A mixture of pellets is to be made containing x regular pellets, y large pellets and z extra large pellets. Cost, weight and volume data for each type of pellet are shown in the table. Is it possible to make mixture of 55 pellets at a cost of $0.85 if the mixture is to have 120 weight units and 130 volume units? If so, how many each type of pellet should be in the mixture? Pellet Type 5. Number of Cost per Pellet in Cents Weight Units per Pellet Volume Pellets Units per Pellet Regular Large Extra large 2 1 4 y 1 4 3Rajan wanted a radio from Jacky's. It appears that Rajan is particularly interested in purchasing a Radio from the inexpensive retailer's sales manager for consumer electronics. He tells Jacky, the salesperson at the inexpensive store where he thinks he'll get the best deal, that his old radio died and he wants to listen to his favourite tunes. He wants a replacement radio as quickly as possible. In three and a half weeks, Rajan's favourite model will be 10% off.He suspects Rajan won't wait and will find another job. Jacky will earn less on the lowered price. He thinks that telling Rajan of the sale makes little sense.When Jacky tells Rajan that the radio set he wants is no longer available and won't be for another week, Rajan is enraged. Fearing losing the business, Jacky begs his sales manager, Michelle, to speed up delivery. Michelle says it's impossible and suggests Jacky tell Rajan the store can get the set in 24 hours and sell him the demo model. Michelle says the sample is new…