Mathematics, 18.07.2019 04:20 highspeed7100
Exeter enterprises produces premium golf clubs. it is in need of a planning tool that will it make decisions over the next eight quarters. the demand forecast for the upcoming eight quarter period is developed every quarter, and the production manager must determine how many people to hire and lay off and also how much overtime and subcontracting to schedule. information relevant to the problem is shown. the demand for the upcoming eight quarters is for the following number of sets of clubs, respectively: 1920, 2160, 1440, 1200, 2040, 2400, 1740, and 1500. clubs can be inventoried from one period to the next, incurring the holding cost. back orders are also permitted; however, no backordering is allowed at the end of last quarter. the production manager would like a tool to be able to find the plan minimizing the total costs over the next eight quarters.
cost data
regular-time labor cost per hour: $12.50
overtime labor cost per hour: $18.75
subcontracting cost per unit (labor only): $125.00
back-order cost per unit per quarter: $25.00
inventory holding cost per unit per quarter: $10.00
hiring cost per employee: $800.00
firing cost per employee: $500.00
capacity data
beginning workforce: 90 employees
beginning inventory: 0 units
production standard per unit: 8 hours of labor per unit
regular time available per period: 100 hours per period per employee
overtime available per period: 40 hours per period per employee
i) provide a detailed linear programming formulation for the problem
ii) develop spreadsheet model and solve it using the appropriate solver to find the minimal-cost plan.
Answers: 2
Mathematics, 21.06.2019 23:30
Find │–14│ a. 14 b. –14 c. start fraction 1 over 14 end fraction
Answers: 2
Mathematics, 22.06.2019 00:00
Mrs. blake's bill at a restaurant is $42.75. she wants to leave the waiter an 18% tip. how much will she pay in all, including the tip?
Answers: 2
Mathematics, 22.06.2019 00:30
Select the correct answer. employee earnings per month($) 1 1,200 2 2,600 3 1,800 4 1,450 5 3,500 6 2,800 7 12,500 8 3,200 which measure of spread is best for the data in the table? a. range b. quartiles c. interquartile range d. mean absolute deviation
Answers: 2
Mathematics, 22.06.2019 00:30
The power generated by an electrical circuit (in watts) as a function of its current c (in amperes) is modeled by p(c)= -15c(c-8) what current will produce the maximum power?
Answers: 1
Exeter enterprises produces premium golf clubs. it is in need of a planning tool that will it make...
Mathematics, 23.04.2020 12:48
Mathematics, 23.04.2020 12:48
Mathematics, 23.04.2020 12:48
Mathematics, 23.04.2020 12:48
English, 23.04.2020 12:48
Physics, 23.04.2020 12:49
Mathematics, 23.04.2020 12:49
Computers and Technology, 23.04.2020 12:49
Mathematics, 23.04.2020 12:49
Mathematics, 23.04.2020 12:49
Mathematics, 23.04.2020 12:49
Mathematics, 23.04.2020 12:49
World Languages, 23.04.2020 12:49
Mathematics, 23.04.2020 12:50