C02 A SIMPLE MAXIMIZATION PROBLEM PAR INC

C02 A SIMPLE MAXIMIZATION PROBLEM PAR INC - A SIMPLE...

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A SIMPLE MAXIMIZATION PROBLEM (text pp.33-34) Par, Inc ., is a small manufacturer of golf equipment and supplies whose management has decided to move into the market for medium- and high-priced golf bags. Par's distributor is enthusiastic about the new product line and has agreed to buy all the golf bags Par produces over the next three months. After a thorough investigation of the steps involved in manufacturing a golf bag, man- agement determined that each golf bag produced will require the following operations: 1. Cutting and dyeing the material 2. Sewing 3. Finishing (inserting umbrella holder, club separators, etc.) 4. Inspection and packaging The director of manufacturing analyzed each of the operations and concluded that if the company produces a medium-priced standard model, each bag will require 7/10 hour in the cutting and dyeing department, 1/2 hour in the sewing department, 1 hour in the finishing department, and 1/10 hour in the inspection and packaging department. The more expensive deluxe model will require 1 hour for cutting and dyeing, 5/6 hour for
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This note was uploaded on 03/07/2010 for the course MATH 2310 taught by Professor Shakroh during the Spring '09 term at Langara.

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