The operations research analyst for a big manufacturing firm in Oregon developed the following variable definitions for an LP maximization problem she was working on. The company was trying to determine how many consoles of each model to produce next week given each console had to go through three production departments. She obtained the following optimal simplex tableau for the problem and wanted to interpret its meaning. Variable definitions:

xl = number of model 1 consoles produced

x2 = number of model 2 consoles produced

s1 = unused personnel hours in department 1

s2 = unused personnel hours in department 2

s3 = unused personnel hours in department 3

objective function = total profit on model 1 and model 2 consoles produced in the coming week






Optimal solution: Produce 15 model 1 consoles, produce 20 model 2 consoles,
all personnel hours will be used in departments 1 and 3,
10 personnel hours will be unused in department 2, and
total profit next week will be $9,700.

Business

You might also like to view...

Which of the following methods of gathering exploratory data was derived from anthropology?

A) focus groups B) one-on-one interviews C) case studies D) longitudinal studies E) ethnography

Business

Which of the following can be used to indicate factors that slow down or cause unnecessary work in a process?

a. activity analysis b. total quality management c. cost of quality d. all of the above

Business

Unfavorable variances are represented by debit balances in the overhead account

Indicate whether the statement is true or false

Business

The 2005 act requires an attorney certification whereby an attorney who represents a client in bankruptcy must certify the accuracy of the information contained in the bankruptcy petition

Indicate whether the statement is true or false

Business