--%>

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 : How to get calculus homework done from

    How to get calculus homework done from tutor

  • Q : How to calculate area of pyramid

    Calculate area of pyramid, prove equation?

  • Q : Law of iterated expectations for

     Prove the law of iterated expectations for continuous random variables. 2. Prove that the bounds in Chebyshev's theorem cannot be improved upon. I.e., provide a distribution that satisfies the bounds exactly for k ≥1, show that it satisfies the bounds exactly, and draw its PDF. T

  • Q : Abstract Boolean Algebra I. Boolean

    I. Boolean Algebra Define an abstract Boolean Algebra, B,  as follows:  The three operations are:  +   ( x + y addition) ( x y multiplic

  • Q : Who independently developed

    Who independently developed a model for simply pricing risky assets?

  • Q : Ordinary Differential Equation or ODE

    What is an Ordinary Differential Equation (ODE)?

  • Q : Profit-loss based problems A leather

    A leather wholesaler supplies leather to shoe companies. The manufacturing quantity requirements of leather differ depending upon the amount of leather ordered by the shoe companies to him. Due to the volatility in orders, he is unable to precisely predict what will b

  • Q : Theorem-G satis es the right and left

    Let G be a group. (i) G satis es the right and left cancellation laws; that is, if a; b; x ≡ G, then ax = bx and xa = xb each imply that a = b. (ii) If g ≡ G, then (g-1)

  • Q : Probability assignments 1. Smith keeps

    1. Smith keeps track of poor work. Often on afternoon it is 5%. If he checks 300 of 7500 instruments what is probability he will find less than 20substandard? 2. Realtors estimate that 23% of homes purchased in 2004 were considered investment properties. If a sample of 800 homes sold in 2

  • Q : Explain Black–Scholes model Explain

    Explain Black–Scholes model.