--%>

Linear programming model of a Cabinet company

A cabinet company produces cabinets used in mobile and motor homes. Cabinets produced for motor homes are smaller and made from less expensive materials than those for mobile homes. The home office in Dayton Ohio has just distributed to its individual manufacturing centres the production quotas required during the upcoming quarter. The scheduled production requirements for the Huber Heights OHOI plant are provided in the table below.

2321_cabinet.jpg

Each motor home cabinet requires three man hours to produce whereas each mobile home cabinet requires five man hours. Labor rates normally average $18 pr hour. During July and august however when the company employs many part time workers labor rates only average $14 and $16 per hours respectively. A total of 2.100 man hours are available in July 1,500 in august and 1,200 in September. During any given month management can schedule up to 50% additional man hours using overtime as the standard rate of time and a half. Material costs of motor home cabinets are $146andfor mobile home cabinets they are $210.

The plant expects to have 25 motor home an d20 mobile home assembled cabinets in stock at the beginning of July. The home office wants the plant to have at least 10 motor home and 25 mobile cabinet assemblies in stocks at the beginning of October to cover possible shortages in production at the other plants.

The plants has storage facilities capable of holding up to 300 cabinets in any one month. The costs for storing motor home cabinets is $6 pr cabinet and $9 for storing mobile home cabinets per cabinet.
Formulate a linear programming model to help management devise a monthly production schedule for the next quarter that will minimize their costs over the quarter. Report back the production and storage levels. Report costs per month in addition to the total costs.

Implement your formulation in excel and fin d the optimal solution using solver. Summarize your solution (decision variable values and objective functions value ) below your formulation. Report back the production and storage levels. Report costs per month in addition to the total costs.

   Related Questions in Mathematics

  • Q : Who derived the Black–Scholes Equation

    Who derived the Black–Scholes Equation?

  • Q : Who had find Monte Carlo and finite

    Who had find Monte Carlo and finite differences of the binomial model?

  • Q : Use MS Excel to do the computations

    Select a dataset of your interest (preferably related to your company/job), containing one variable and atleast 100 data points. [Example: Annual profit figures of 100 companies for the last financial year]. Once you select the data, you should compute 4-5 summary sta

  • Q : Explain the work and model proposed by

    Explain the work and model proposed by Richardson.

  • Q : Problem on sales and budget XYZ Farm

    XYZ Farm Supply data regarding the store's operations follow: • Sales are budgeted at $480,000 for November, $430,000 for December, and $340,000 for January. • Collections are expected

  • Q : Problem on budgeted cash collections

    XYZ Company collects 20% of a month's sales in the month of sale, 70% in the month following sale, and 5% in the second month following sale. The remainder is not collectible. Budgeted sales for the subsequent four months are:     

  • Q : Graph Theory is the n-Dimensional Qn

    is the n-Dimensional Qn Hamiltonian? Prove tour answer

  • Q : Problem on inventory merchandise AB

    AB Department Store expects to generate the following sales figures for the next three months:                            

  • Q : Explain Factorisation by trial division

    Factorisation by trial division: The essential idea of factorisation by trial division is straightforward. Let n be a positive integer. We know that n is either prime or has a prime divisor less than or equal to √n. Therefore, if we divide n in

  • Q : Elementary Logic Set & Model of a

    Prove that Elementary Logic Set is a Model of a Boolean Algebra The three Boolean operations of Logic are the three logical operations of  OR ( V ), AN