A company manufactures two products A and B. Each A requires two C's and one D. Each D requires two F's and one E, while each E requires one F. Each product B requires one D and two E's. The table below shows data from the inventory records.
Q: Happy Dog Inc. produces three types of dog food. Puppy Blend is produced for dogs that are less than…
A: A) Linear programming model is formulated as below: Objective function: Minimize Z = 1X1+1X2+!X3…
Q: Flor’s Flours is small business that produces two types of ready-to-use multigrain flours using…
A: here we have from the above question Given Pounds of wheat used in pancakes me = x11 Pounds of wheat…
Q: A company must meet (on time) the following demands:quarter 1—30 units; quarter 2—20 units; quarter…
A:
Q: Assume that each filling cabinets requires 55 pounds of steel and 3.5 hours of labor, and that each…
A: In order to maximize profit let us use the linear programming method to assess the same. In this…
Q: Tyler is hoping to get a lot of custom cake and cookie orders in his new bakery for various parties…
A: The optimum order is known as the economic order quantity (EOQ). It is a company's optimal order…
Q: a) If additional quantities of fruit can be purchased, how will the total profit be affected?
A: (a) If additional fruit purchased, total profit will be affected as new fruit will include new cost…
Q: Each robot takes up a square area of 10 feet aside. To the left and to the right of each robot along…
A: The detailed solution is to the given question is given is step 2.
Q: Ascent, Inc. manufactures hiking boots. Demand for boots is highly seasonal. In particular, the…
A: Decision Variables: X1 = Production in quarter 1X2 = Production in quarter 2X3 = Production in…
Q: During the next five periods, the demands listed in the excel template file must be met on time. At…
A: Production Available Monetary Benefit Setup Cost $10,000…
Q: onomic Order Quantity Q* balloons anual Inventory Holding Cost dollars anual Ordering Cost O dollars…
A: We are allowed to do first three sub-parts only. The answer is as below:
Q: ows the right-hand-side values of th
A: The Simplex technique may be used to solve LPPs with two or more variables. Simply said, simplex is…
Q: Please note that this question is different from what you have in your library. This question has 3…
A: THE ANSWER IS AS BELOW:
Q: Determine the overhead application rates for the producing departments using each of the three…
A: THE OVERHEAD APPLICATION RATES UNDER THREE METHODS ARE AS BELOW:
Q: A fabric firm has received an order for cloth specified to contain at least 45 pounds of cotton and…
A: Given data is Cotton required = 45 pounds Silk required = 25 pounds Cotton containment in yarn A =…
Q: Assume that each lot of 100 shipping boxes requires 160 pounds of heavy- duty liner board, 20 pounds…
A: From the given information, the variables are as follows. R = Lots of Retail boxes M = Lots of…
Q: T-Shirts Unlimited is a retailer that sells every kind of T-shirt imaginable. The different types of…
A:
Q: 3-2) The optimal quantity of the three products and resulting revenue for Taco Loco is: A) 28 beef,…
A: Given, Max R = 14Z + 13Y + 17Xsubject to:Beef 2Z + 3Y + 4X ? 28Cheese 9Z + 8Y + 11X ? 80Beans 4Z +…
Q: State University must purchase 1100 computers fromthree vendors. Vendor 1 charges $500 per…
A: A cost is the resources value in monetary terms spent by the business to produce and deliver the…
Q: Formulate a linear integer program that generates a feasible production plan to maximize the total…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: A company produces three different products; x,y, and z. For the production of 1 unit of product x,…
A: This is simplex method Linear Programming problem and I have worked on formulating the LP first,…
Q: During the next four months, a customer requires,respectively, 500, 650, 1000, and 700 units of…
A: Cost is one of the most important elements of any organization. The organization produces goods and…
Q: A company needs to schedule the monthly production of a certain item for the next 4 months. The unit…
A: Given data, Production cost estimated for the first 2 month = $12 For the last 2 month = $14…
Q: Leach Distributors packages and distributes industrial supplies. A standard shipment can be packaged…
A: The detailed solution is given in Steps ahead.
Q: GM manufactures bikini swimming suits. Their business is highly seasonal, with expected demands…
A: LPP FORMULATION Let's define the variables first, let x1 be the total volume of suits (in dozens) to…
Q: The Attaran Corporation manufactures two electrical products: portable air conditioners and…
A: Taking X as portable air conditioners and Y as portable heaters. MAX Z = 30X + 13Ysubject to3X + 2Y…
Q: Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions.…
A: Information technology is drastically changing the business perspective. Although organizational…
Q: Excel provides a variety of tools for designing and working with a spreadsheet, which is referred to…
A: Trade barriers include domestic subsidies, import quotas, and tariffs laid on trade. Subsidies…
Q: A liquor warehouse expects to sell 10,000 bottles of scotch whiskey in a year. Each bottle costs…
A: The above problem is related to the EOQ model of inventory management. The EOQ model is used to…
Q: In a typical production scheduling model like Pigskin’s, if there are no production capacity…
A: There are many different ways to deal out with an existing issue or a problem for a business.…
Q: A company manufactures dog leashes that sell for $18.64, including shipping and handling. The…
A: Given, Total revenue = $18.64*Q Fixed cost = $24,131 Total variable cost = 9.18*Q Total cost =…
Q: A company produces a single type of product. The product sells for $9 per unit. The customer demands…
A: Given data: Month Demand (units) Holding cost Production cost Production capacity M1 55 0.1…
Q: A company orders $15,000 worth of goods every 6 months. They have identified that it costs $18 per…
A: Annual ordeer(D)=2*$15000=$30000 Storage cost(I)=$18 Fixed cost per order(S)=$200 EOQ=169 Order…
Q: A store manager estimates that the minimum number of cars needed over the next 3 weeks are 5, 8 and…
A: Dynamic Programming is an approach for solving multi-stage decision problems. When an optimization…
Q: During the first year software will be purchased from a reputable vendor for $3,000,000. An internal…
A: Formula used- ROI or return on investment= Net Income / Total Invetment.
Q: Based on Zangwill (1992). Murray Manufacturingruns a day shift and a night shift. Regardless of…
A: Given information, cost = 8000 Night shift = 45000 Demand Day 1 - 2000 Night 1 = 3000 Day 2 =…
Q: A company faces the following demands during the next three weeks: week 1, 2000 units; week 2, 1000…
A: Demand: Week 1: 2000 units Week 2: 1000 units Week 3: 1500 units Production cost per unit: Week 1:…
Q: Leach Distributors packages and distributes industrial supplies. A standard shipment can be packaged…
A: The question is related to the Linear programming. The question is of maximization of Linear…
Q: The optimal solution is to produce of the men's model in month 1, of the men's model in month 2,…
A: Production theory refers to the theory that helps in devising methods of production that lead to…
Q: in Jee wants to combine the sales data from each of the art fairs. Switch to the Combined Sales…
A: Open all the three workbooks it is given In cell A5, enter a formula without using a function that…
Q: [Weasley] Ron Weasley was going on a trip with his class to Hogsmeade. His favorite place to go to…
A: There are many kinds of decision making concept made by people. The details are discussed as follows
Q: An electronics firm has a contract to deliver thefollowing number of radios during the next three…
A: Monthly Requirements are 200, 300 and 300 respectively Variable cost in first two months is 10 and…
Q: Markus, Inc., has harvested 400 tons of lumber from a pine forest located outside of Manchester, 200…
A: Shipping cost From Japan Taiwan Singapore Supply Manchester 250 250 200 400 Seattle 250 200…
Q: Software EG, a retail company, orders two kinds of software from TeleHard Software. Annually,…
A: Product 1: Annual Demand = D = 800 Purchasing Cost = $30 per unit Holding Cost = H = $5 per unit per…
Q: pose now that the unit cost for every speaker is $11 if less than 10,000 speakers are produced, $10…
A: Consider basic EOQ model The total cost per unit time is TJ Unit cost is CJ TJ=dKQ+dcj+hQ2 for…
Q: A small generator burns two types of fuel – low sulfur and high sulfur – to produce electricity. For…
A: Objectives: Minimize Cost = 600x + 500y subject to 3x + 5y <= 15 sulfur constraint…
Q: A company produces three types of items. A singlemachine is used to produce the three items on a…
A:
Q: The production planner of a company forecasts the sales over the next four months as 2000, 1400,…
A: This is a classic case. Thanks for sharing. There will be two answers for this. One as per the…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
- BicycleBro is a retailer that sells bicycles. The company had been operating for 30 days (1 month). By the end of 1 month it wants to measure its performance in terms of Inventory turnover and Days of inventory. Below is the information that the company has collected from its warehouse and accounting department Stock Count Sheet Item code Stock on hand Stock count week (week number when employees counted the stock on hand) 100 30 week1 200 10 week1 100 10 week3 200 20 week3 Inventory valuation Item code Value per unit (in $) 100 1000 200 2000 Bicycles sold by end of month Item code Units sold 100 5 200 10 Given the information above find What is the total inventory turnover rate for given period? What is the total Inventory Days of Sales for given period?The following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility: Item Unit Cost Usage Item Unit Cost Usage K34 $10 200 F99 20 60 K35 25 600 D45 10 550 K36 36 150 D48 12 110 M10 16 25 D52 15 110 M20 20 80 D57 40 120 Z45 80 200 N08 30 40 F14 20 300 P05 16 500 F95 30 800 P09 10 30 Determine the percentage of items in each category and the annual dollar value for each category for part bThe following table contains figures on the monthly volume and unit costs for a random sample of 16 items from a list of 2,000 inventory items at a health care facility. Transcribed Image Text: Item Unit Cost Usage Item Unit Cost Usage K34 $10 200 F99 20 60 K35 25 600 D45 10 550 K36 36 150 D48 12 90 M10 16 25 D52 15 110 M20 20 40 08 200 D57 120 245 80 NO8 30 40 F14 20 300 PO5 16 500 F95 30 800 P09 10 30 a-Develop an A-B-C classification for these items. b-Given the monthly usages in the following table, classify the items in A, B, and C categories according to dollar usage. c- Determine the percentage of items in each category and the annual dollar value for each category for part b.
- National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month periodwere as follows:Month Sales (000 units)Feb. 19Mar. 18Apr. 15May 20Jun. 18Jul. 22Aug. 20a. Plot the monthly data on a sheet of graph paper"Nordlund Boat Company has been repairing, refitting, and building custom boats. for over 60 years in the Pacific Northwest." The company is located in Tacoma, Washington. One of the engine's most critical components is the exhaust manifolds. The company purchases this item from the best manufacturers in the world. TJ is the buyer in charge of managing this item. TJ's purchasing agent currently submits an order release for this item every 4 weeks. The company's annual demand is 400 units (2 units per working day). Nordlund's relatively low volume and quality focus, rather than volume focus, means the company cannot take advantage of quantity discounts. The supplier has agreed to deliver this item within 1 week following an order release. For this reason, Nordlund has never had a shortage of exhaust manifolds. The total time between the release date and date of receipt is 1 week or 5 working days. The accounting has generated the following inventory-related costs. Procurement costs…A golf specialty wholesaler operates 50 weeks per year. Management is trying to determine an inventory policy for its 1-irons, which have the following characteristics:Demand 1D2 = 2,000 units/yearDemand is normally distributedStandard deviation of weekly demand = 3 unitsOrdering cost = $40/orderAnnual holding cost 1H2 = $5/unitsDesired cycle@service level = 90 percentLead time 1L2 = 4 weeksa. If the company uses a periodic review system, what should P and T be? Round P to the nearest week.b. If the company uses a continuous review system, what should R be?
- a. List the major assumptions of the EOQ model.b. How would you respond to the criticism that EOQ models tend to provide misleading resultsbecause values of D, S, and H are, at best, educated guesses?A distributor of large appliances needs to determine the order quantities and reorderpoints for the various products it carries. The following data refer to a specii c refrigeratorin its product line:Cost to place an orderHolding costCost of refrigeratorAnnual demandStandard deviation of demand during lead timeLead time$10020 percent of product cost per year$500 each500 refrigerators10 refrigerators7 daysConsider an even daily demand and a 365-day year.a. What is the economic order quantity?b. If the distributor wants a 97 percent service probability, what reorder point, R, shouldbe used?Algro Inc. keeps a wide range of parts and materials on hand for use in its production processes. Management has recently had difficulty managing parts inventory as demand for its finished goods has increased; they frequently run out of some critical parts while having an endless supply of others. They would like to classify their parts inventory according to the ABC approach to better control inventory. The following is a list of parts, along with their annual usage and unit value: Item Annual Unit Item Annual Unit Number Usage Cost Number Usage Cost 1 36 $350 2 510 30 3 50 23 4 300 45 5 18 1900 6 500 8 7 710 4 8 80 26 9 344 28 10 67 440 11 510 2 12 682 35 13 1216 95 50 14 10 3 15 820 1 KARAN2222222222 16 60 $610 17 120 20 18 270 15 19 45 50 20 19 3200 21 910 3 12 4750 23 30 2710 24 24 1800 25 870 105 26 244 30 27 750 15 28 45 110 29 46 160 30 165 25 a. Classify the inventory items according to the ABC approach using the dollar value of annual demand. b. Clearly explain why you…
- A retailer determines that the cost of ordering and storing units of a product can be modelled by C(x)= 3x + 2000 / x, 0 < x < 200. Find the order size that will minimise ordering and storage cost.Explain what is the definition of a deterministic inventory model ? When is it appropriate to use ?Models of inventory systems frequently consider the relationships among a beginning inventory,a production quantity, a demand or sales, and an ending inventory. For a givenproduction period j, letsj-1 = ending inventory from the previous period (beginning inventory for period j)xj = production quantity in period jdj = demand in period jsj = ending inventory for period ja. Write the mathematical relationship or model that shows ending inventory as a functionof beginning inventory, production, and demand.b. What constraint should be added if production capacity for period j is given by Cj?c. What constraint should be added if inventory requirements for period j mandate anending inventory of at least Ij?