A B C D E F GHI JK L M 1 Project Three Part Four (16 points) 2 Flash Electronics Company produces a variety of electronic equipment. One of the plants produces two laser printers: the deluxe and the regular. 3 The demand for the printers is 1,500 units of the deluxe and 2,000 units of the regular. The deluxe printer is priced at $1,000 and the regular printer is priced at $700. 4 The materials cost is $550 for the deluxe printer and $420 for the regular printer. In addition, the company has the following information for the four 5 manufacturing processes (setups, machining, engineering, and packing) showing the amount of time (in minutes) required for each printer for each process, 6 and the total minutes of time available for each process. 7 8 Name 9 Setups 10 Machining 11 Engineering 12 Packing 13 Time Required/unit Deluxe 30 Time Required/unit Regular 20 Time Available 90,000 60 270,000 90 40 280,000 165,000 TT 90 120 30 14 Required: 15 1. Which process(es), if any, are constraints for the current level of demand? 16 2. Given any constraints identified in part (1) above, determine the best production and sales plan for the two types of tables. 17 This will be accomplished by performing all three steps based upon the structure below: (1) Identify the constraint (2) Identify the Most Profitable Product 18 (3)Identify the Most Profitable Product Mix 19 20 Answer to Part One: 21 22 A 23 Answer to Part Two: B C D E F GHI JK L M 24 Step One: Identify the Constraint - Total Time Required for Each Activity for Given Demand 25 Time Slack 26 Deluxe Regular Total Time Available Time 27 Setups 28 Machining 29 Engineering 30 Packing 31 32 33 Step Two: Identify the Most Profitable Product 34 35 Deluxe Regular 36 Price 37 Materials Cost 38 Throughput Margin 39 Constraint Time 40 Throughput/Time 41 42 Step Three: Identify the Most Profitable Product Mix 43 Deluxe requirement 44 Regular requirement 45 46 47 Units 48 Throughput/unit 49 Total Throughput 50 Deluxe Regular Total