We report on a company which processes lobster, smelt and shrimp. The company's main product is lobster. This product can be transformed at a rate of 45000 to 50000 pounds in a period of eight hours. The company employs approximately 250 employees during peak season and has annual sales of approximately 10 million dollars, with 95% of their products being exported to foreign countries. With the continually increasing international competition, the pressures to comply to stricter international standards and the decreasing annual volume of lobster catches, the company wanted to know the optimal product mix that maximizes profits within a set of limited resources and limited available time. The product mix consists of twelve lobster products. These products contain different parts of lobster meat with pre-specified percentages. The lobster parts consist of tails, claws and knuckles. The pre-specified percentages are defined by the specifications of each product. Each lobster also contains a body which is usually thrown out since its meat content is very poor
Resource allocation and optimal product mix at a fish and seafood processing company
Die Ressourcen-Aufteilung und der optimale Produkt-Mix anhand einer Fischverarbeitungs-Kompanie mit dem Hauptprodukt Hummer
1996
4 Seiten, 1 Quelle
Aufsatz (Konferenz)
Englisch
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