Question

In: Operations Management

A chocolate making company largely produces one particular type of crunchy chocolate bar. Only one of...

A chocolate making company largely produces one particular type of crunchy chocolate bar. Only one of two machines, Machine-1 or Machine-2, can be used to produce this chocolate bar on any given day. The maintenance costs incurred on these two machines per day are $100 and $120, respectively. The manufacturing cost per chocolate bar is $2.5 for Machine-1 and $2 for Machine-2. The maximum daily production capacities for Machine-1 and Machine-2 are 1100 and 1250, respectively. Demand requires that at least 1000 chocolate bars be produced per day. Develop and solve a binary integer programming model for minimizing the total cost. Write all the constraints and objective function. Solve using Solver and write the answer for how many chocolate bars to be produced by each machine and if machine 1 or 2 will be used for the minimum cost

Solutions

Expert Solution

Hi,

Please find answer as below. If you like the answer, please up vote.

Answer

Integer programming formulation

Solution

I have used excel solver to solve the problem. I have attached screenshots of Input data, formulas and constraints used along with the optimal solution.

Here, Machine 2 will be selected to produce 1000 units to minimize the cost. Cost = $ 2120

1. Snapshot of Input Data

2. Snapshot of formulas used

3. Snapshot of Constraints used

4. Snapshot of Optimal Solution


Related Solutions

Candy Company produces a dark chocolate candy bar. Recently, the company adopted the following standards for...
Candy Company produces a dark chocolate candy bar. Recently, the company adopted the following standards for one bar of the candy: Direct Materials (5.5 oz. @ $0.22) $1.21 Direct Labor (0.15 hours @ $10.00) $1.50 Standard Prime Cost $2.71 During the first week of operation, the company experienced the following actual results: Bars produced: 150,000. Ounces of direct materials purchased: 823,600 ounces at $0.23 per ounce. There are no beginning or ending inventories of direct materials. Direct Labor: 23,200 hours...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the company adopted the following standards for one bar of the candy: Direct materials (6.30 oz. @ $0.20) $1.26 Direct labor (0.08 hr. @ $18.00) 1.44 Standard prime cost $2.70 During the first week of operation, the company experienced the following actual results: Bars produced: 142,000. Ounces of direct materials purchased: 894,900 ounces at $0.21 per ounce. There are no beginning or ending inventories of...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the company adopted the following standards for one bar of the candy: Direct materials (6.30 oz. @ $0.20) $1.26 Direct labor (0.08 hr. @ $18.00) 1.44 Standard prime cost $2.70 During the first week of operation, the company experienced the following actual results: Bars produced: 145,000. Ounces of direct materials purchased: 913,800 ounces at $0.21 per ounce. There are no beginning or ending inventories of...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the company adopted the following standards for one bar of the candy: Direct materials (6.20 oz. @ $0.20) $1.24 Direct labor (0.08 hr. @ $18.00) 1.44 Standard prime cost $2.68 During the first week of operation, the company experienced the following actual results: Bars produced: 141,000. Ounces of direct materials purchased: 874,500 ounces at $0.21 per ounce. There are no beginning or ending inventories of...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the...
Direct Materials and Direct Labor Variances Zoller Company produces a dark chocolate candy bar. Recently, the company adopted the following standards for one bar of the candy: Direct materials (6.20 oz. @ $0.20)   $1.24 Direct labor (0.08 hr. @ $18.00)   1.44 Standard prime cost   $2.68 During the first week of operation, the company experienced the following actual results: Bars produced: 144,000. Ounces of direct materials purchased: 893,100 ounces at $0.21 per ounce. There are no beginning or ending inventories of...
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340...
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six 1-ounce chocolate bars (170 grams). a.Specifications for the 12-ounce bar are 325 grams to 355 grams. What is the largest standard deviation (in grams) that the machine that fills the bar molds can have and still be considered capable if the average fill is 340 grams? (Round your intermediate calculations to 2 decimal places and final answer to...
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340...
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams) and a box of six 1-ounce chocolate bars (170 grams). a.Specifications for the 12-ounce bar are 330 grams to 350 grams. What is the largest standard deviation (in grams) that the machine that fills the bar molds can have and still be considered capable if the average fill is 340 grams? (Round your intermediate calculations to 2 decimal places and final answer to...
  A company makes four types of gourmet chocolate bars. Chocolate Bar I contains 5 grams...
  A company makes four types of gourmet chocolate bars. Chocolate Bar I contains 5 grams of nuts, 5 grams of biscuit, 10 grams of caramel, and 100 grams of chocolate, and sells for $5.40. Chocolate Bar II contains 10 grams of nuts, 10 grams of biscuit, 10 grams of caramel, and 90 grams of chocolate and sells for $6.25. Chocolate Bar III contains no nuts, 10 grams of biscuit, 10 grams of caramel, and 100 grams of chocolate and...
You work for a company that produces and manufactures products made with Gore-tex, a particular type...
You work for a company that produces and manufactures products made with Gore-tex, a particular type of fabric that is both waterproof, breathable and keeps people warm. Your company has a wide range of products from outdoor jackets and clothing, to special blankets and specialized clothing worn by firefighters and rescue operators. Your company does $1.4 billion dollars worth of business a year. This year your Board of Directors has suggested moving into the Asian market; Japan, China, South Korea,...
The Lancaster Chocolates Company produces Chocolate. The first process is to refine the chocolate into syrup...
The Lancaster Chocolates Company produces Chocolate. The first process is to refine the chocolate into syrup in a joint costing process at a cost of $540,000. Then the Chocolate is split off into which produces three separate products: A Bars, B Bits, and C Grade Syrup (no further processing required.) A Bars for from the Syrup Department to be processed further in the molding department with a cost of $120,000. B Bits go from the Syrup Department to be processed...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT