Purchase Solution

Optimal Solution for Clothing Retailer

Not what you're looking for?

Ask Custom Question

A company makes three types of shirts: Athletic, Varsity, and Surfer. The shirts are made from different combinations of cotton and rayon. The cost per yard of cotton is $5 and of rayon is $7. The company can receive up to 4000 yards of cotton and 3000 yards of rayon per week. The table below shows relevant manufacturing information:

Shirt Fabric Requirement/Minimum Weekly Contracts Maximum Weekly Demand Selling Price
Athletic 1.00/At least 60% cotton 500 600 $30
Varsity 1.20/No more than 30% rayon 650 850 $40
Surfer 0.90 Up to 80% cotton 300 700 $36

Purchase this Solution
Solution Summary

Solution builds a linear programming model in the given case and determines the optimal output level of Athletic, Varsity and Surfer shirts. Solution is determined with the help of "Solver" in MS Excel.

Solution Preview

Please refer attached file for complete solution.

Let
the total number of Athletic shirts produced be A
the total number of Varsity shirts produced be V
the total number of Surfer shirts produced be S

Cotton cloth used in Athletic shirts be Xca
Cotton cloth used in Varsity shirts be Xcv
Cotton cloth used in Surfer shirts be Xcs

Rayon cloth used in Athletic shirts be Xra
Rayon cloth used ...

Solution provided by:
Lokesh Jain, MSc
Education
  • BEng (Hons) , Birla Institute of Technology and Science, India
  • MSc (Hons) , Birla Institute of Technology and Science, India
Recent Feedback
  • "Thank you"
  • "Really great step by step solution"
  • "I had tried another service before Brain Mass and they pale in comparison. This was perfect."
  • "Thanks Again! This is totally a great service!"
  • "Thank you so much for your help!"
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

View More Free Quizzes
Related BrainMass Solutions

  • Multi-period news vendor model with capacity constraint.

    Hence, the constraint is: ∑_(i=1)^4▒〖Q_i≤400〗 The solution is in attached excel file. We get the optimal solution which satisfies the constraint for λ=2 Multi-period news vendor model with capacity constraints are examined.

  • Inventory management at different types of organizations

    A clothing retailer can place some reliance on manufacturers to have tested the market for current preferences in clothing, whereas a coffee retailer would probably have to determine local market preferences itself.

  • Operating leverage in Retail Stores

    Explain Please see the attached file, This solution helps in computing operating leverage in retail stores, showing step-by-step calculations and instructions.

  • Why don't retailers donate unsold clothes to charity?

    Second, ordinary consumers would have an incentive to buy brand new clothing from employees and poor people instead of from the retailer.

  • Seasonality and Earnings

    So one would expect clothing business is strongly seasonal. This solution analyzes each business of supermarket, pharmaceutical company, software company, auto manufacturer and clothing retailer for seasonality in customer demand.

  • Java GUI program- Java Retail Markdown Calculator

    Create your own list to populate the menu: men's clothing, women's clothing, house wares, and so forth. Include at least five departments.

  • Production Management. Sharing demand information.

    So the optimal policy for the supplier will be stocking d + x std dev units. We see in tis case , the standard deviation is also reduced for the supplier and he does not have to pile up extra inventory.

  • Determine the optimal consumption level of goods

    656529 Determine the optimal consumption level of goods Suppose a consumer has a budget of $12 and wishes to buy two goods, Food (F) and Clothing (C). The price for Food is equal to $2 per unit and the price for Clothing is $1 per unit.

  • Store Improvements for Better Shopping Experience

    This solution discusses sight, touch, exterior design and lighting for The Supreme (a clothing retailer). This solution is 366 words.

View More Related Solutions