Quiz 2 Spring 2012 Solution

Quiz 2 Spring 2012 Solution - Solutions: Quiz 2 - LP...

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Solutions: Quiz 2 - LP Sensitivity Analysis BUAD311 – Operations Management Spring 2012 (30 points) Trojan Pottery is a supplier of mugs and plates featuring the USC logo and scenes from the university. There are two steps involved in making mugs/plates-- Forming and Finishing. It takes 0.6 hour of labor-time to form a mug and 0.4 hour of labor-time to form a plate, at the firm’s production facility. “Forming” involves molding the clay and applying the glaze. “Finishing” involves firing the formed mugs/plates in a kiln (a type of oven). Each mug uses 0.75 lb. of clay and 0.25 gallon of glaze for forming, and 0.50 hours of kiln time for finishing. Each plate uses one lb. of clay and 0.20 gallon of glaze for forming, 0.40 hour of kiln time for finishing. For making the mugs and plates, the firm has 150 labor-hours available, 300 lbs. of clay on hand, and 100 gallons of glaze, and has access to 175 hours of kiln time. It sells each mug for $20 and each plate for $25. Trojan Pottery wants to find the optimal
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This note was uploaded on 03/30/2012 for the course BUAD 311 taught by Professor Vaitsos during the Spring '07 term at USC.

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Quiz 2 Spring 2012 Solution - Solutions: Quiz 2 - LP...

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