Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

STAR Co. provides paper to smaller companies whose volumes are not large enough to warrant dealing directly with the paper mill. STAR receives 100- feet-wide

image text in transcribed

STAR Co. provides paper to smaller companies whose volumes are not large enough to warrant dealing directly with the paper mill. STAR receives 100- feet-wide paper rolls from the mill and cuts the rolls into smaller rolls of widths 12, 15, and 30 feet. The demands for these widths vary from week to week. The following cutting patterns have been established: Number of: Pattern 12ft. 15ft. 30ft. Trim Loss 1 04 1 10 ft. 2 4 3 0 7 ft. 3 8 0 0 4 ft. 4 4 2 1 2 1 ft. 5 2 3 1 1 ft. Trim loss is the leftover paper from a pattern (e.g., for pattern 4, 2(12) + 1(15) + 2(30) = 99 feet used resulting in 100-99 = 1 foot of trim loss). Orders in hand for the coming week are 5,670 12-foot rolls, 1,680 15-foot rolls, and 3,350 30-foot rolls. Any of the three types of rolls produced in excess of the orders in hand will be sold on the open market at the selling price. No inventory is held. Optimal Solution: (a) Formulate an integer programming model that will determine how many 100-foot rolls to cut into each of the five patterns in order to minimize trim loss. If your answer is zero enter "O" and if the constant is "1" it must be entered in the box. Min X1 + X2 + X3 + + X4 + X5 s.t. x1 + x2 + X3 + X4 + X5 Select your answer - V 12-foot rolls X1 + X2 + X3 + X4 + x5 - Select your answer - - 15-foot rolls X2 + 3 + X4 + X5 Select your answer - 30-foot rolls X1, X2, X3, X4, X5 are integers (b) Solve the model formulated in part a. What is the minimal amount of trim loss? Trim Loss: feet How many of each pattern should be used and how many of each type of roll will be sold on the open market? If your answer is zero enter "O". Pattern Number Rolls Used 1 2 3 4 5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions