Est. Budget: $100.00
Please, this project for those who have been interacting with POM-QM software with operation management project as described below.
The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windows software to solve a linear programming problem and perform sensitivity analysis.
POM-QM for Windows software
For this part of this project, you will need to use the POM software:
Read Appendix IV of the Operations Management (Heizer & Render, 2011) textbook.
Install and launch the POM-QM for Windows software and from the main menu select Module, and then Linear Programming.
Note: You can retrieve the POM-QM for Windows software from either the CD-ROM that accompanied your Heizer and Render (2011) textbook.
Program the linear programming formulation for the problem below and solve it with the use of POM. (Refer to Appendix IV from the Heizer and Render (2011) textbook.)
Note: Do not program the non-negativity constraint, as this is already assumed by the software.
For additional support, please reference the POM-QM for Windows manual provided in this week’s Learning Resources.
Individual Project problem
A firm uses three machines in the manufacturing of three products:
Each unit of product 1 requires three hours on machine 1, two hours on machine 2 and one hour on machine 3.
Each unit of product 2 requires four hours on machine 1, one hour on machine 2 and three hours on machine 3.
Each unit of product 3 requires two hours on machine 1, two hours on machine 2 and two hours on machine 3.
The contribution margin of the three products is £30, £40 and £35 per unit, respectively.
Available for scheduling are:
90 hours of machine 1 time;
54 hours of machine ...