MGT 3410 Homework 4 Summer 2023
Silver Star Bicycle Company will be manufacturing both men’s and women’s models of its Easy-Pedal bicycles during the next two months. Management wants to develop a production schedule indicating how many bicycles of each model should be produced in each month. Current demand forecasts call for 150 men’s and 125 women’s models to be shipped during the first month and 200 men’s and 150 women’s models to be shipped during the second month. Additional data are shown:
The company charges monthly inventory at the rate of 2% of the production cost based on the inventory levels at the end of the month. The company would like to have at least 25 units of each model in inventory at the end of the two months.
Formulate this problem as a linear programming model so that a production schedule can be established in order to minimize production and inventory costs and satisfies the labor-smoothing, demand, and inventory requirements.
Adirondack Paper Mills, Inc., operates paper plants in Augusta, Maine, and Tupper Lake, New York. Warehouse facilities are located in Albany, New York, and Portsmouth, New Hampshire. Distributors are located in Boston, New York, and Philadelphia. The plant capacities and distributor demands for the next month are as follows:
The unit transportation costs (in $) for shipments from the two plants to the two warehouses and from the two warehouses to the three distributors are as follows:
Draw the network representation of the Adirondack Paper Mills problem.
Formulate the Adirondack Paper Mills problem as a linear programming problem. You do not need to solve the model.
Embassy Club Condominium, located on the west coast of Florida, is undertaking a summer renovation of its main building. The project is scheduled to begin May 1, and a September 1 (17-week) complete date is desired. The condominium manager identified the following renovation activities and their estimated times:
Draw a project network.
What are the critical activities?
Will the project be completed by September 1?
Doug Casey is in charge of planning and coordinating next spring’s sales management training program for his company. Doug listed the following activity information for this project:
Draw a project network.
What are the critical activities and what is the expected project completion time?
If Doug wants a 0.99 probability of completing the project on time, how far ahead of the scheduled meeting date should he begin working on the project?
Due Date: Jul 30, 11:59pm
Note: Homework solution must be submitted electronically to Homework 4 folder in Assignment on D2L.
It is your choice to submit all of your work or just the final answer only. If you only submit the final answer and the answer is wrong, you will lose all the points assigned to that question. If you also show the steps how you get that answer, you still can earn partial credit as long as the steps are not completely wrong.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
