Preview

MANAGEMENT SCIENCE homework 2

Satisfactory Essays
Open Document
Open Document
202 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
MANAGEMENT SCIENCE homework 2
MANAGEMENT SCIENCE HOMEWORK 2
4.28
a) The sale of the tables and chairs represents the total profit. The production plan includes oak tables and chairs, cherry tables and chairs, and pine tables and chairs.
b) Labor, cherry wood, oak wood, pine wood, minimum oak tables, and minimum cherry tables are the binding constraints.
c) The range over which the unit profit for oak chairs can change without changing the production plan is between $35 and infinity.
d) The range over which the amount of available oak could range without changing the combination of binding constraints is between 900 to 2,468.93 pounds.
e) There are 0’s in the allowable increase or decrease columns.
f) It will be 0.
g) 145.31 = 41.67 oak, 75.56 cherry, and 28.08 pine

5.30

X12
X13
X14
X25
X35
X36
X41
X46
X48
X52
X53
X57
X63
X68
X75
X78
X87
X81

Car Flow
2
2
1
2
1
2
0
1
0
0
1
2
0
3
0
2
0
5

5
Max

Constraints

LHS RHS
Node 1
-1
-1
-1

1

1
0
=
0
Node 2
1

-1

1

0
=
0
Node 3
1

-1
-1

1 1

0
=
0
Node 4

1

-1
-1
-1

0
=
0
Node 5

1
1

-1
-1
-1

1

0
=
0
Node 6

1 1

-1
-1

0
=
0
Node 7

1

-1
-1
1 0
=
0
Node 8

1

1 1
-1
-1
0
=
0
Max Flow
1

2
<
2
Max Flow 1

2
<
5
Max Flow

1

1
<
1
Max Flow

1

2
<
2
Max Flow

1

1
<
2
Max Flow

1

2
<
2
Max Flow

1

0
<
1
Max Flow

1

1
<
3
Max Flow

1

0
<
4
Max Flow

1

0
<
2
Max Flow

1

1
<
1
Max Flow

1

2
<
2
Max

You May Also Find These Documents Helpful

  • Good Essays

    Acct310 Unit 3

    • 535 Words
    • 3 Pages

    2. What would be the maximum purchase price acceptable to the Ski Pro Corporation for the bindings? Support your answer with an appropriate explanation.…

    • 535 Words
    • 3 Pages
    Good Essays
  • Good Essays

    c. What would be the firm’s profit or loss at the following units of production sold: 12,000 units? 15,000 units? 20,000 units?…

    • 687 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    8) Assume the price of a product sold by a purely competitive firm is $5. Given the data in the accompanying table (bottom left), at what output is the total profit highest in the short run?…

    • 3065 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Acct 505 Case Study 1

    • 398 Words
    • 2 Pages

    The following cost items are needed before a schedule of cost of goods manufactured can be prepared:…

    • 398 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    a. You need produce an informative leaflet which includes an explanation of the role of advertising agencies. It should explain the role that Adam & Eve DDB played in at least one of Marmite’s successful promotional campaigns eg Marmite’s Election Campaign, Marmite’s Neglect Campaign. Your leaflet should include the following:…

    • 751 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    B. Their reservation price should be something less than $33 dollars per unit, so they can save more money per unit at the end of the production.…

    • 616 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Holly Bartel

    • 375 Words
    • 2 Pages

    What would be the maximum purchase price acceptable to the Ski Pro Corporation for the bindings? Support your answer with an appropriate explanation.…

    • 375 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Woods Good $11,000 Wood Inventory $11,000 Moon Goods $4,000 Moon Inventory $4,000 Total Cost of goods $15,000 b. gross profit.…

    • 462 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Brs Mdm3 Tif Ch04

    • 4332 Words
    • 20 Pages

    2) Assume that the shadow price of a non-binding "≤" constraint is 5. This implies that:…

    • 4332 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    In the following, the learning team will revise the Business Research Project. The team will collect all the individual papers from week 5 and will incorporate the best elements into one team inferential statistics and findings paper and spreadsheet. The team will also note the strengths and weaknesses of their statistical findings. They will collaborate if there are any differences to find the best approach. The team will combine all the papers from parts 1-5 and revise all tables and figures. In conclusion, the team will summarize the results of testing the null hypothesis, with a clear statement whether or not the null hypothesis was rejected as well as provide the answers to their research question.…

    • 1920 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Consider the following problem: “Maple rockers. Ozark Furniture Company can obtain at most 3000 board feet of maple lumber for making its classic and…

    • 1031 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Over the past few months, I have started to pay more attention to the immigration issues that have been going on. In my Participation in Government…

    • 592 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    SNOP is the Systematized Nomenclature of Pathology. Published by the American College of Pathologists, it has been “useful in classifying pathological specimens” (McWay, 2008). Although SNOP was commonly used in pathology departments, it has gradually lost favor because focus was placed on standardized nomenclatures by accrediting agencies (McWay, 2008).…

    • 1109 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Midterm: Variable Cost

    • 1266 Words
    • 6 Pages

    | Which of the following would most likely be included as part of manufacturing overhead in the production of a wooden table?…

    • 1266 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Confederated Pulp & Paper

    • 554 Words
    • 3 Pages

    The problem is to determine the optimal wood pile size to minimize costs for CPP. The key issue is that the number of days the river is frozen varies each year, and thus the amount of wood that will be needed in the stockpile for the winter will also vary. The solution is the optimal amount of wood that should be stockpiled in order to minimize the costs associated with both purchasing additional wood later and holding wood over to the next year.…

    • 554 Words
    • 3 Pages
    Satisfactory Essays