A Company That Makes the Rocket Widget Has One Machine

question 33

Multiple Choice

A company that makes the rocket widget has one machine capable of producing this unique item. The machine requires an attendant, who works 40 hours a week for $12 per hour and has made himself available for a maximum of 8 hours of overtime. It costs $20 per hour to run the machine and it is capable of producing 10,000 rocket widgets per hour. The widgets sell for $10 per hundred and cost $1 per hundred in materials. If the production manager wishes to develop a sales and operations plans using an optimization model, which of the following statements is valid?

• A)A constraint should limit overtime to less than 8 hours per week.
• B)The objective function should maximize the amount of rocket widgets produced.
• C)The objective function must be to minimize the overtime.
• D)A constraint should limit the cost to run the machine to less than or equal to $20 per hour.

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Definitions:

Placebo

A harmless substance or treatment that has no therapeutic effect, used as a control in testing new drugs.

Relaxant

A substance or drug that reduces tension or strain in muscles, often used to alleviate muscle spasms or to induce relaxation.

Mood Swing

Rapid and often extreme fluctuations in one's emotional state without a noticeable reason.

Refractory Period

A period immediately following stimulation during which a nerve or muscle is unresponsive to further stimulation.