Question
QUESTION #330 MARKSFried fish and festival are a dish enjoyed by most Jamaicans. Jeprod manufactures two types of festival mix, called brand A and brand
QUESTION #330 MARKSFried fish and festival are a dish enjoyed by most Jamaicans. Jeprod manufactures two types of festival mix, called brand A and brand B. Both brands require blending a certain amount of flour and cornmeal; the company has available a total of 25,000 lb of flour and 6,000 lb of corn meal. Brand A requires a mixture of 125 lb of flour and 20 lb of cornmeal and yields a profit of $90 per batch. A batch of Brand B requires 100 lb of flour and 30 lb of cornmeal and can be sold for a profit of $70. Jeprod can make no more than 150 batches of brand A.a) Use Xi and X2 to define the variables indicating which variable is Xi and X2 2 Marksb) Derive the Objective Function in terms of Xi and Xa3 Marksc) Formulate the Constraints under which the company must operate7 Marksd) Graphically illustrate the Feasible Region4 Markse) State the coordinates of the corner points e.g A(2,7), B(12,5)8 Marksf) Determine the optimal solution4 Marksg) Determine the profit at the optimal solution2 MarksQUESTION #420 MARKSBest Brands is a sports apparel store that has just hired a Utech graduate Akeem Butts as store manager. The demand for the Nike Air brand shoes is 170 boxes per month. Each box cost S 9,000. The annual holding cost rate is 15%. Best Brands has an ordering cost is $3,300 and the store and warehouse is opened 285 days per year. The lead time for each order is a long 25 days,a) How many boxes of shoes do you recommend that Akeem orders every time he places an order.4 Marksb) Determine the estimated holding cost; and ordering cost4 Marksc) Would it be true to say Akeem has to put in an order almost every 2 weeks (hint time between orders). Justify your answer 4 Marksd) How many orders will Akeem have placed each year3 Markse) Determine the re-order point3 Marks1) What can Akeem expect his Total Annual cost to be2 MarksSEE NORMAL DISTRIBUTION TABLE BELOW
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Operations Management An Integrated Approach
Authors: R. Dan Reid, Nada R. Sanders
7th Edition
1119497388, 978-1119497387
