Provide Answers Questions 1 Heart Valve Problem Problem 2 Pg 73 Section 34 Us Labs Manufac Q34609878

Provide answers to all questions. 1. The Heart Valve Problem - Problem 2, pg. 73, Section 3.4 U.S. Labs manufactures mechanicProvide answers to all questions. 1. The Heart Valve Problem – Problem 2, pg. 73, Section 3.4 U.S. Labs manufactures mechanical heart valves from the heart valves of pigs. Different heart operations require valves of different sizes. U.S. Labs purchases pig valves from three different suppliers. The cost and size mix of the valves purchased from each supplier are given in the table below. Each month, U.S. Labs places one order with each supplier. At least 500 large, 300 medium, and 300 small valves must be purchased each month. Because of limited availability of pig valves, at most 700 valves per month can be purchased from each supplier. Formulate an LP that can be used to minimize the cost of acquiring the needed valves. Cost Percent Percent Percen Supplier Per Value (S) Lare Medium Small 40 30 20 40 35 35 60 2. A company has budgeted up to $8000 per week for local advertisement. The money is to be allocated among four promotional media: TV spots, newspaper ads, and two types of radio advertisements. The company goal is to reach the largest possible high-potential audience through the various media. The following table presents the number of potential customers reached by making use of advertisement in each of the four media. It also provides the cost per advertisement placed and the maximum number of ads than can be purchased per week. The company arrangements require that at least five radio spots be placed eac insists that no more than S1800 be spent on radio advertising every week. h week. To ensure a board-scoped promotional campai gn, management also Show transcribed image text

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