A company manufactures two products, A and B. The sales volume of A is at least 80% of the total sales of A and B. However, the company cannot sell more than 100 units of A per day. Both products use one raw material, whose maximum daily availability is 240 lb. The raw material consumption rates are 2 lb per unit of A and 4 lb per unit of B. The profits of A and B are $20 and $50, respectively. Determine the optimal product mix for the company.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter5: Network Models
Section5.5: Shortest Path Models
Problem 34P
icon
Related questions
Question
Topic: Linear Programming (simplex method) A company manufactures two products, A and B. The sales volume of A is at least 80% of the total sales of A and B. However, the company cannot sell more than 100 units of A per day. Both products use one raw material, whose maximum daily availability is 240 lb. The raw material consumption rates are 2 lb per unit of A and 4 lb per unit of B. The profits of A and B are $20 and $50, respectively. Determine the optimal product mix for the company.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Aggregate planning
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,