Title | Maximization Model - the beaver creek pottery |
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Course | Cost Accounting |
Institution | St. Louis College Valenzuela |
Pages | 2 |
File Size | 52.5 KB |
File Type | |
Total Downloads | 31 |
Total Views | 130 |
the beaver creek pottery...
St. Louis College Valenzuela 5 Maysan Rd., Valenzuela City COLLEGE DEPARTMENT
Maximization Model Beaver Creek Pottery Company
Submitted by: YAMBAO, ELAINE M. VALENCIA, JOANNE G. Submitted to: MR. CARLO ABULENCIA
St. Louis College Valenzuela 5 Maysan Rd., Valenzuela City COLLEGE DEPARTMENT
Case: Beaver Creek Pottery Company ● ● ●
Beaver Creek Pottery Company is a small crafts operation run by a Native American tribal council. The company employs skilled artisans to produce clay bowls and mugs with authentic Native American designs and colors. The two primary resources used by the company are special pottery clay and skilled labor.
Type of Problem: To maximize the profit gained from each bowl and mug using a linear programming model
Excel Model:
Sensitivity Analysis and Report: A bowl has 24 units produced with a revenue of 960. A mug has 8 units produced with a revenue of 400.
Constraints: A bowl requires 1 hr of labor. A mug requires 2 hrs of labor. ● Labor hours: 1x1 + 2x2...