[Solved] The M-N Plant Manufactures Two Different Products: M and N

Question 44
Essay
arrowQuestion 44arrow

The M-N plant manufactures two different products: M and N. Selling prices and weekly market demands 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 material at a time.
Process times for each task are shown in the diagram. Each machine is available 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 constant.
Operating expenses (including labor) total a constant $12,000 per week. Raw materials are not included in weekly operating expenses.
a. Where is the constraint in this plant?
b. What product mix provides the highest profit?
c. What is the maximum weekly profit this plant can earn?
img

Tags

10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.

Business

Explore our library and get Decision Science Homework Help with various study sets and a huge amount of quizzes and questions

Related Questions


Get Free Access Now!
upload
Upload

Get free access by uploading any valuable academic documents

Invite
Invite

Invite your friends by sharing your unique referral link, and get a free access

Invite a friendInvite a friendInvite a friend
Join Us
Join Us

Sign up to get 5 free question for every quiz you visit. Or Subscribe and get instant access