Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The M-N plant manufactures two different products: M and N. Selling prices and weekly market demiands are shown in the following diagram. Each product uses

image text in transcribed
image text in transcribed
The M-N plant manufactures two different products: M and N. Selling prices and weekly market demiands are shown in the following diagram. Each product uses raw materials with costs as shown. The plant has three different machines: A, B, and C. Each performs different tasks and can work on only one unit of materlal at a time Process tomes for each task are shown in the diagram Each machine is avallable 2,400 minutes per week There are no 7 gurphys" (major opportunities for the system to foul up). Setup and transfer times are zero. Demand is constant. Operating t-xpenses (uncluding fabor) total a constant \$12.000 per week. Raw materiais are not included in weekly operating expenses Process times for each task are shown in the diagram, Each machine is avallabie 2,400 minutes per week. There are no 'Murphys" (major opportunities for the system to foul up) Setup and transfer times are zero Demand is constam Operating expenses (including labon total a constant $12,000 per week. Raw materials are not inciuded in weekly operating.expenses o. Which machine is the constraint in this plant? Machine A Machine c Machine B b. Which product mix provides the nighest gross pront? (Hint consider raw material cost but not operating expense) c. What is the maximum weekly net profit this plant can earn using the procuct mix trom Part b? 0tint consider operating expense and raw materal cost)

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

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

Negotiation For Procurement And Supply Chain Professionals

Authors: Jonathan O Brien

1st Edition

1789662583, 978-1789662580

More Books

Students also viewed these General Management questions