Question: The Waygate Corporation makes five different types of metal casing for personal computers. The company is in the process of replacing its machinery with three
The Waygate Corporation makes five different types of metal casing for personal computers. The company is in the process of replacing its machinery with three different new models of metal stamping machines: the Robo-I, Robo-II, and Robo-III. The unit costs of each machine are $18,500, $25,000, and $35,000, respectively. Each machine can be programmed to produce any of the five casings. Once the machine is programmed, it produces each type of casing at the following rates:
.png)
The company has the following goals:
Goal 1: To spend no more than approximately $400,000 on the purchase of new machines
Goal 2: To have the ability to produce approximately 3,200 units of type 1 casings per hour
Goal 3: To have the ability to produce approximately 2,500 units of type 2 casings per hour
Goal 4: To have the ability to produce approximately 3,500 units of type 3 casings per hour
Goal 5: To have the ability to produce approximately 3,000 units of type 4 casings per hour
Goal 6: To have the ability to produce approximately 2,500 units of type 5 casings per hour
a. Formulate a GP model for this problem. Assume that all percentage deviations from all goals are equally undesirable.
b. Implement your model in a spreadsheet and solve it.
c. What is the optimal solution?
d. What is the solution that minimizes the maximum percentage deviation from all the goals?
e. Assume that the company can spend no more than $400,000. What is the solution that minimizes the maximum percentage deviation from all the remaininggoals?
Casings per Hour TypeType 2 Type 3 Type 210 220 180 Type 5 Robo-I Robo-II Robo-III 200 100 265 130 235 160 140 170 260 80 120 220
Step by Step Solution
3.50 Rating (163 Votes )
There are 3 Steps involved in it
a MIN g1 400 g2 3200 g3 2500 g4 3500 g5 3000 g6 2500 ST 185R1 25R2 35R3 g1 g1 400 100R1 265R2 200R3 ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
167-B-M-L-M-D-A (251).xlsx
300 KBs Excel File
