Question
V Vision Corporation: Production Planning and Shipping Vision is a large company that produces videocapturing devices for military applications such as missiles, long-range cameras, and
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Vision Corporation: Production Planning and Shipping
Vision is a large company that produces videocapturing devices for military applications such as missiles, long-range cameras, and aerial drones. Four different types of cameras (differing mainly by lens type) are made in the three plants in the system. Each plant can produce any of the four camera types, although each plant has its own individual constraints and unit costs. These constraints cover labor and machining restrictions, and the specific values are given in Tables 810. Note that even though the products are identical in the three plants, different production processes are used and thus the products use different amounts of resources in different plants. The corporation controls the material that goes into the lenses; the material requirements for each product are given in the last column of Tables 810. A total of 3,500 pounds of material is available for the entire system during the planning period. Transport has 3 major customers (RAYco, HONco, and MMco) for its products. The maximum sales for each customerproduct pair is given in Table 11. Product sales prices are given in Table 12, and the shipping costs from each plant to each customer are detailed in Table 13. Table 14 contains the production costs for each productplant pair. All shipping from plants 1 and 2 that goes to RAYco or HONco must go through a special inspection. These units are sent to a central site, inspected, and then sent to their destination. The capacity of this special inspection site is 1,500 pieces.
your job is to formulate lp(linear programing) Your job is to determine a recommendation for the company. A recommendation must include a plan for production and shipping as well as the cost and revenue generated from each plant. In addition, you should address the following potential issues in your recommendation:
If you could get more material, how much would you like? How would you use it? What would you be willing to pay? If you could get more inspection capacity, how much would you like? How would you use it? What would you be willing to pay?
At what plant(s) would you like to add extra machine hours? How much would you be willing to pay per hour? How many extra hours would you like? Marketing is trying to get RAYco to consider a 50% increase in its demand. Can we handle this with the current system or do we need more resources? How much more money can we make if we take on the additional demand?
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