Question

In: Statistics and Probability

1. TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II....

1. TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II. The output at Location I is at most 6000 televisions/month, whereas the output at Location II is at most 5000 televisions/month. TMA is the main supplier of televisions to the Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 3000 and 4000 televisions to be shipped to two of its factories located in City A and City B, respectively. The shipping costs (in dollars) per television from the two TMA plants to the two Pulsar factories are as follows.

    To Pulsar Factories  
  From TMA City A City B
  Location I $7 $3
  Location II $8 $11


TMA will ship x televisions from Location I to city A and y televisions from Location I to city B. Find a shipping schedule that meets the requirements of both companies while keeping costs to a minimum.

(x,y) = ( , )

What is the minimum cost?

2. A veterinarian has been asked to prepare a diet, x ounces of Brand A and y ounces of Brand B, for a group of dogs to be used in a nutrition study at the School of Animal Science. It has been stipulated that each serving should be no larger than 8 oz and must contain at least 29 units of Nutrient I and 20 units of Nutrient II. The vet has decided that the diet may be prepared from two brands of dog food: Brand A and Brand B. Each ounce of Brand A contains 3 units of Nutrient I and 4 units of Nutrient II. Each ounce of Brand B contains 5 units of Nutrient I and 2 units of Nutrient II. Brand A costs 3 cents/ounce, and Brand B costs 7cents/ounce. Determine how many ounces of each brand of dog food should be used per serving to meet the given requirements at a minimum cost.

(x,y) = ( , )

What is the minimum cost? ( Round your answer to the nearest cent.)

3. A farmer plans to plant two crops, A and B. The cost of cultivating Crop A is $40/acre whereas the cost of cultivating Crop B is $60/acre. The farmer has a maximum of $7400 available for land cultivation. Each acre of Crop A requires 20 labor-hours, and each acre of Crop B requires 25 labor-hours. The farmer has a maximum of 3300 labor-hours available. If she expects to make a profit of $170/acre on Crop A and $180/acre on Crop B, how many acres of each crop, x and y, respectively, should she plant in order to maximize her profit?

(x,y) = (?,?)

What is the optimal profit?

Solutions

Expert Solution

1 Answer:

Given Data

Given Maximum TV output :

at location 1 = 6000Tv's

at location 2 = 5000Tv's

Order of TVs for city A = 3000TV's

Order of TVs for city B = 4000TV's

Number of TV's to be shipped from location 2 to city A

= (3000-x) ;and

Location 2 to city B

= (4000 - y)

According to the table ; total shipping cost of TV's is given by

x = 7x + 3y + 8( 3000 - x ) + 11(4000 - y )

= 7x + 3y +24000 - 8x + 44000-11y

= - x -8y +68,000

= 68,000 - x - 8 y

Problem becomes : -

min z = 68,000 - x - 8y

subject to

( max production at location 1 is 6000 TV's)

(3000 - x) + (4000 - y) 5,000

(max output at location 2 is 5000TV's)

7000 - (x+y) 5,000

2000 (x+y)

0 x 3000 ;

0 y 4000

[ Order of city A is 3000TV's & order of city B is 4000 TV's]

Hence , precisely we need to

min z =  68,000 - x - 8 y ( in $ )

Subject to

We need to minimize z

Note that z will minimize if we maximize x and y and y have larger negative coefficient than x

Maximizing y will minimize x more .

We first maximize y subject to our constraints affecting y namely :-

2000 x +y 6000 ; (*)

and

0 y 4000

Maximum value of can be 4000

We will take y = 4000

and put it in (*) which gives

2000 x + 4000 6000

- 2000   x 2000

Moreover ; we have constraints affecting x given by:-

( and with max value of if give =new of constraint )

(A) 0 x 3000

We can have maximum value of x as 2000 according to above constraints &

Req and

Minimizing shipping cost

Shipping cost = =  68,000 - x - 8 y

= 68,000 - 1( 2,000) - 8 (4000)

= 68,000 - 2,000 - 32,000

= 34,000 $

Shipping schedule to meet requirements of both companies keeping cost minimum is given by :-

Location 1 should ship TV's

to city A and TV's to city B and

location 2 should ship ( 3000 - ) = 3,000 - 2,000

= 1,000 TV's to city A

and (4000 - ) = ( 4000 - 4000)

= 0TV's

i.e no TV to city B

This will minimize shipping cost to   = 34,000 $


Related Solutions

TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II. The...
TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II. The output at Location I is at most 6000 televisions/month, whereas the output at Location II is at most 5000 televisions/month. TMA is the main supplier of televisions to the Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 3000 and 4000 televisions to be shipped to two of its factories located...
Lucid Images Ltd manufactures premium high definition televisions. The firm’s fixed costs are $4,000,000 per year....
Lucid Images Ltd manufactures premium high definition televisions. The firm’s fixed costs are $4,000,000 per year. The variable cost of each TV is $2,000, and the TVs are sold for $3,000 each. The company sold 5,000 TVs during the previous year. (In the following requirements, ignore income taxes) Required: Treat each of the requirements as independent situations: a) Calculate the break-even point in units. b) What will the new break-even point be if fixed costs increase by 10 per cent?...
Stavos Company’s screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen...
Stavos Company’s screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen follows: Variable cost per screen $ 117 Fixed cost per screen 27 * Total cost per screen $ 144 *Based on a capacity of 770,000 screens per year. Part of the Screen Division’s output is sold to outside manufacturers of HDTVs and part is sold to Stavos Company’s Quark Division, which produces an HDTV under its own name. The Screen Division charges $183 per...
Stavos Company’s Screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen...
Stavos Company’s Screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen follows: Variable cost per screen $ 117 Fixed cost per screen 30 * Total cost per screen $ 147 *Based on a capacity of 750,000 screens per year. Part of the Screen Division’s output is sold to outside manufacturers of HDTVs and part is sold to Stavos Company’s Quark Division, which produces an HDTV under its own name. The Screen Division charges $182 per...
Stavos Company’s Screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen...
Stavos Company’s Screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen follows: Variable cost per screen $ 118 Fixed cost per screen 28 * Total cost per screen $ 146 *Based on a capacity of 780,000 screens per year. Part of the Screen Division’s output is sold to outside manufacturers of HDTVs and part is sold to Stavos Company’s Quark Division, which produces an HDTV under its own name. The Screen Division charges $182 per...
Stavos Company’s screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen...
Stavos Company’s screen Division manufactures a standard screen for high-definition televisions (HDTVs). The cost per screen is: Variable cost per screen $ 122 Fixed cost per screen 27 * Total cost per screen $ 149 *Based on a capacity of 830,000 screens per year. Part of the Screen Division’s output is sold to outside manufacturers of HDTVs and part is sold to Stavos Company’s Quark Division, which produces an HDTV under its own name. The Screen Division charges $190 per...
company manufactures a series of 20-in. flat-tube LCD televisions. The quantity x of these sets demanded...
company manufactures a series of 20-in. flat-tube LCD televisions. The quantity x of these sets demanded each week is related to the wholesale unit price p by the following equation. p = −0.007x + 190 The weekly total cost (in dollars) incurred by Pulsar for producing x sets is represented by the following equation. Find the following functions (in dollars) and compute the following values. C(x) = 0.000004x3 − 0.02x2 + 150x + 65,000 (a) Find the revenue function R....
1.) Articulate and describe two separate advantages of being a high self-monitor and two separate advantages...
1.) Articulate and describe two separate advantages of being a high self-monitor and two separate advantages of being a low self-monitor. 2.) Using concrete examples, articulate and explain three of the risks of self-disclosure identified in your text 3.) The United States is sometimes criticized for being as individualistic as it is. What are some good things about growing up in an individualist culture? In what ways would growing up in a collectivistic culture be better? Explain and defend your...
Consider the market for DVD players and HDTVs (high-definition televisions). A firm can produce DVD players...
Consider the market for DVD players and HDTVs (high-definition televisions). A firm can produce DVD players at an average cost of $20 each, or HDTVs at a cost of $150 each. Which product should this firm produce if the price of DVD players is $15 and the price of HDTVs is $200? Why? Explain what you would expect other firms in both the markets for DVD players and HDTVs to do. Assume both markets are competitive.
two separate questions and I need two separate answers please... 1-Separation of the fly embryo into...
two separate questions and I need two separate answers please... 1-Separation of the fly embryo into segments and separation of neuroblasts into different types are both dependent on transcriptional cascades. What is a transcriptional cascade (1 sentence)? Explain what is different (conceptually) in the transcriptional cascades in the two developmental scenarios (1 sentence). 2) In your opinion, is lateral inhibition similar or different from induction? State and support your argument in 1-2 sentences.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT