A firm that assembles computers and computer equipment is about to start the production of two new types of microcomputers. Each type will require assembly time, inspection time, and storage space. The amounts of each of these resources that can be devoted to the production of the microcomputers are limited. The manager of the firm would like to determine the quantity of each microcomputer to produce in order to maximize the profit generated by sales of these microcomputers. In order to develop a suitable model of the problem, the manager has met with the design and production personnel. As a result of those meetings, the manager has obtained the following information:
A firm that assembles computers and computer equipment is about to start the production of two new types of microcomputers. Each type will require assembly time, inspection time, and storage space. The amounts of each of these resources that can be devoted to the production of the microcomputers are limited. The manager of the firm would like to determine the quantity of each microcomputer to produce in order to maximize the profit generated by sales of these microcomputers. In order to develop a suitable model of the problem, the manager has met with the design and production personnel. As a result of those meetings, the manager has obtained the following information:
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 52P
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