Monthly production plan that maximizes profit

Failsafe Electronics Corporation manufactures four products. Each of the products must pass through the following departments: wiring, drilling, assembly, and inspection. Time requirements in each department (in hours) for each unit produced and unit profit are summarized in the table below: Department Product Wiring Drilling Assembly Inspection Unit Profit XJ201 0.5 3 2 0.5 $9.00 XM897 1.5 0.5 4 1.0 $12.00 TR29 1.5 1 1 0.5 $15.00 BR788 1.0 2 2 0.5 $11.00 Failsafe must produce at least the following: Product Minimum Production XJ201 150 XM897 100 TR29 300 BR788 400 Production time available each month are as follows (in hours): Department Capacity (in hours) ... click for more

Operation Management

Operation Management Service Process selection and Design #1 – Students arrive at the Administrative Services Office at an average of one every 15 minutes, and their requests take on average 10 minutes to be processed. The service counter is staffed by only one clerk, Judy Gumshoes, who works eight hours per day. Assume Poisson arrivals and exponential service times. a) What percentage of time is Judy idle? b) How much time, on average, does a student spend waiting in line? c) How long is the (waiting) line on average? d) What is the probability that an arriving student (just before entering the Administrative Services Office) will find at least one other student waiting in line? ... click for more

Cinergy Corporation

Cinergy Corporation manufactures and distributes electricity for customers located in Indiana, Kentucky, and Ohio. The company spends $725 to $750 million each year for the fuel needed to operate its coal-fired and gas-fired power plants; 92% to 95% of the fuel used is coal. Cinergy uses 10 coal-burning generating plants: five located inland and five located on the Ohio River. Some plants have more than one generating unit. As the seventh-largest coal-burning utility in the United States, Cinergy uses 28-29 million tons of coal per year at a cost of approximately $2 million every day. The company purchases coal using fixed-tonnage or variable-tonnage contracts from mines in Indiana (49%),... click for more

Linear Modelling

See attached file for full problem description. 1st, 2nd, 3rd and 5th.

Cinergy Corporation

Cinergy Corporation manufactures and distributes electricity for customers located in Indiana, Kentucky, and Ohio. The company spends $725 to $750 million each year for the fuel needed to operate its coal-fired and gas-fired power plants; 92% to 95% of the fuel used is coal. Cinergy uses 10 coal-burning generating plants: five located inland and five located on the Ohio River. Some plants have more than one generating unit. As the seventh-largest coal-burning utility in the United States, Cinergy uses 28-29 million tons of coal per year at a cost of approximately $2 million every day. The company purchases coal using fixed-tonnage or variable-tonnage contracts from mines in Indiana (49%), We... click for more