Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Quantitative Business Analysis - Linear Programming (Simplex Method) QUESTION 3 Suria Company Sdn. Bhd. has three production plants, each of which produces three different models

image text in transcribed

Quantitative Business Analysis - Linear Programming (Simplex Method) QUESTION 3 Suria Company Sdn. Bhd. has three production plants, each of which produces three different models of a particular product. The daily capacities of the three plants are as follows.

...refer to table in picture...

The total demand for Model 1 is 300,000 units, for Model 2 is 172,000 units, and for Model 3 are 249,500 units. Moreover, the daily operating cost for Plant 1 is RM55,000, for Plant 2 is RM60,000, and for Plant 3 is RM60,000. Determine the number of days should each plant be operated in order to fill the total demand, and keep the operating cost at a minimum.

Note: You might have to prepare a report for proposing an optimal solution by using quantitative analysis techniques.

75% QUESTION 3 (TOTAL 25 MARKS Sura Company Sdn Bhd has three production plants, each at which produces three different models of a particular product. The day capacities of the three plants are as follows Model 3 (Units) Plant am 3.000 5,000 TOO 128000 4000 The total demand for More 20.000 units for Model 2 172,000 units and for Models 249.500 units Moreover, the daily operating cost for Panti RM6.000 for Plant 2 RANDO and twPlant 30.000 By using the ExcelSolver, determine the number of to shout sachi plant operated near to fill the total mand, and how the operating som How to report Dropounganisho by in

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Sustainability Of Public Sector EntitiesThe Relevance Of Accounting Frameworks

Authors: Josette Caruana, Isabel Brusca, Eugenio Caperchione, Sandra Cohen, Francesca Manes Rossi

1st Edition

3030060365, 9783030060367

More Books

Students also viewed these Accounting questions

Question

Why is it a good idea to avoid being judgmental? (p. 177)

Answered: 1 week ago

Question

Explain the various methods of job evaluation

Answered: 1 week ago

Question

Differentiate Personnel Management and Human Resource Management

Answered: 1 week ago

Question

Describe the functions of Human resource management

Answered: 1 week ago

Question

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

=+Creative strategy statement template Example

Answered: 1 week ago

Question

=+6. Why should they buy this product/service?

Answered: 1 week ago