A company produces 3 products. Each unit of product 1, 2, and 3 generate a profit of GHC10, GHC12, and GHC12 respectively. Each product has to go through a manufacturing, assembly, and testing phase. The company's resources are such that only 20 hours of manufacturing, 20 hours of assembly, and 20 hours of testing are available. Each unit of product 1 has to spend 1 hour in manufacturing, 2 hours in assembly, and 2 hours in testing. Each unit of product 2 has to spend 2 hours in manufacturing 1 hour in assembly, and 2 hours in testing. Each unit of product 3 has to spend 2 hours in manufa cturing, 2 hours in assembly, and 1 hour in testing. Company ABC wants to know how many units of each product it should produce, in order to maximize its profit. a) Formulate a linear programming model for this problem. The model was solved using solver and part of the results is provided in the table below. Use it to answer the questions that follow. Variable Cells
A company produces 3 products. Each unit of product 1, 2, and 3 generate a profit of GHC10, GHC12, and GHC12 respectively. Each product has to go through a manufacturing, assembly, and testing phase. The company's resources are such that only 20 hours of manufacturing, 20 hours of assembly, and 20 hours of testing are available. Each unit of product 1 has to spend 1 hour in manufacturing, 2 hours in assembly, and 2 hours in testing. Each unit of product 2 has to spend 2 hours in manufacturing 1 hour in assembly, and 2 hours in testing. Each unit of product 3 has to spend 2 hours in manufa cturing, 2 hours in assembly, and 1 hour in testing. Company ABC wants to know how many units of each product it should produce, in order to maximize its profit. a) Formulate a linear programming model for this problem. The model was solved using solver and part of the results is provided in the table below. Use it to answer the questions that follow. Variable Cells
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section: Chapter Questions
Problem 49P
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Linear programming company-1
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