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Another Example ( 3 products): Consider a process consisting of 6 machines that are operated eight hours a day (or 480 minutes per day), five
Another Example ( 3 products): Consider a process consisting of 6 machines that are operated eight hours a day (or 480 minutes per day), five days a week. The process works on three different products: A,B and C. Machine Loads: Part a. Compute the following Profit Velocity for A= Profit Velocity for B= Profit Velocity for C= Part b. What are the optimal amounts to produce? Amount of A= Amount of B= Amount of C= Part c. What is the net profit for the amounts in Part b? Part d. By how much will the profit change if you could sell 7 more units of B ? Another Example ( 3 products): Consider a process consisting of 6 machines that are operated eight hours a day (or 480 minutes per day), five days a week. The process works on three different products: A,B and C. Machine Loads: Part a. Compute the following Profit Velocity for A= Profit Velocity for B= Profit Velocity for C= Part b. What are the optimal amounts to produce? Amount of A= Amount of B= Amount of C= Part c. What is the net profit for the amounts in Part b? Part d. By how much will the profit change if you could sell 7 more units of B
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