Questions from General Operations Management

Q: What is the maximum profit that can be achieved by purchasing additional

What is the maximum profit that can be achieved by purchasing additional wood?

Q: For which decision environment is linear programming most suited?

For which decision environment is linear programming most suited?

Q: Briefly explain these terms: a. Basic variable

Briefly explain these terms: a. Basic variable b. Shadow price c. Range of feasibility d. Range of optimality

Q: For Problem 6a, determine the following: a. The

For Problem 6a, determine the following: a. The range of feasibility for each constraint b. The range of optimality for the coefficients of the objective function

Q: For Problem 6b: a. Find the range of feasibility

For Problem 6b: a. Find the range of feasibility for each constraint, and interpret your answers. b. Determine the range of optimality for each coefficient of the objective function. Interpret your re...

Q: A small firm makes three similar products, which all follow the

A small firm makes three similar products, which all follow the same three-step process, consisting of milling, inspection, and drilling. Product A requires 12 minutes of milling, 5 minutes for inspec...

Q: Two operators handle adjustments for a group of 10 machines. Adjustment

Two operators handle adjustments for a group of 10 machines. Adjustment time is exponentially distributed and has a mean of 14 minutes per machine. The machines operate for an average of 86 minutes be...

Q: Formulate and then solve a linear programming model of this problem,

Formulate and then solve a linear programming model of this problem, to determine how many containers of each product to produce tomorrow to maximize profits. The company makes four juice products usi...

Q: A wood products firm uses available time at the end of each

A wood products firm uses available time at the end of each week to make goods for stock. Currently, two products on the list of items are produced for stock: a chopping board and a knife holder. Both...

Q: The manager of the deli section of a grocery superstore has just

The manager of the deli section of a grocery superstore has just learned that the department has 112 pounds of mayonnaise, of which 70 pounds is approaching its expiration date and must be used. To us...